Sampo Group’s results for 2020
Sampo Group’s largest business area If had an extremely strong year 2020 in all respects. The combined ratio for the full-year 2020 was 82.1 per cent (84.5). This is the strongest combined ratio If has ever reported. Because of the impairment loss of EUR 899 million and the sales loss of EUR 262 million on Nordea shares, Group’s reported profit before taxes for 2020 decreased to EUR 380 million (1,541). Without the extraordinary items relating to the Nordea holding, the profit before taxes would have been EUR 1,541 million for 2020 and EUR 1,696 million for 2019. The total comprehensive income for the period, taking changes in the market value of assets into account, amounted to EUR 434 million (1,565).
Read more about HDFC Life Insurance Company Ltd gains for five straight sessions on Business Standard. HDFC Life Insurance Company Ltd is quoting at Rs 721.6, up 0.35% on the day as on 12:44 IST on the NSE. The stock is up 24.77% in last one year as compared to a 24.11% jump in NIFTY and a 14.97% jump in the Nifty Financial Services.
Sampo plc: Final Results
Sampo Group s results for 2020
Sampo Group s largest business area If had an extremely strong year 2020 in all respects. The combined ratio for the full-year 2020 was 82.1 per cent (84.5). This is the strongest combined ratio If has ever reported. Because of the impairment loss of EUR 899 million and the sales loss of EUR 262 million on Nordea shares, Group s reported profit before taxes for 2020 decreased to EUR 380 million (1,541). Without the extraordinary items relating to the Nordea holding, the profit before taxes would have been EUR 1,541 million for 2020 and EUR 1,696 million for 2019. The total comprehensive income for the period, taking changes in the market value of assets into account, amounted to EUR 434 million (1,565).
Daily Market Commentary - Jan 29, 2021 - Bonanza Portfolio
Posted On:
Mr Vishal Wagh, Research Head
On Friday Indian equity benchmarks made an optimistic start tracking overnight gains on Wall Street. But, soon markets trimmed most of their gains and are trading near neutral lines in early deals. Buying in Realty, Industrials and Bankex stocks supported the indices, whereas selling in Healthcare, FMCG and TECK counters kept upside in check. In the afternoon session, Indian equity benchmarks erased all the gains to turn negative as investors were cautious ahead of the tabling of the Economic Survey in the Parliament, later in the day. Both Sensex and Nifty were trading around 46,309 and 13,626 levels.