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Investegate |Sampo Oyj Announcements | Sampo Oyj: 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). ....

United Kingdom , Eteläuomen Läi , United Kingdom General , City Of , Ivar Martinsen , Knut Arne Alsaker , Maria Silander , Jarmo Salonen , December Sampo , Pc Insurance Ltd , European Central Bank , Sampo Group Executive Committee , Finnish Financial Supervisory Authority , Blackrock Inc , Group Management , Mandatum Life Group , London Stock Exchange , Mandatum Life Insurance Company Ltd , Sampo Group , Group Communications , Hastings Group , Pc Insurance Holding Ltd , Nordax Holding For , Group Solvency , Euroclear Finland Ltd , Hastings Group Consolidated ,

Sampo plc: Final Results


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). ....

United Kingdom , Eteläuomen Läi , United Kingdom General , City Of , Ivar Martinsen , Knut Arne Alsaker , Maria Silander , Jarmo Salonen , December Sampo , Pc Insurance Ltd , European Central Bank , Sampo Group Executive Committee , Finnish Financial Supervisory Authority , Blackrock Inc , Group Management , Mandatum Life Group , London Stock Exchange , Mandatum Life Insurance Company Ltd , Sampo Group , Group Communications , Hastings Group , Pc Insurance Holding Ltd , Nordax Holding For , Group Solvency , Euroclear Finland Ltd , Hastings Group Consolidated ,