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2023-11-08
positive
Finnish insurer Sampo tops Q3 earnings forecasts
Finnish insurer Sampo reported forecast-beating quarterly earnings on Wednesday. Third-quarter profit before tax rose 14% to 391 million euros ($417.6 million)
2023-03-30
positive
Finland's Sampo plans to spin off life insurer Mandatum
The board of Finnish insurer Sampo has proposed spinning off life insurance subsidiary Mandatum. Sampo last year said it considered listing Mandatum separately as it would be a logical step.
2023-03-29
positive
Finland's Sampo plans to spin off life insurer Mandatum
The board of Finnish insurer Sampo on Wednesday proposed spinning off life insurance subsidiary Mandatum. Sampo last year said it considered listing Mandatum separately.
Finnish insurer Sampo on Friday reported a bigger-than-expected drop in fourth-quarter earnings. The group's profit before tax fell 67% to 390 million euros ($418.43 million) in the quarter. Sampo also said it expected to conclude the strategic review of its Mandatum unit by the end of March.
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