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Sampo has filed an application to extend the Group's Partial Internal Model
Sampo has filed an application to extend the Group's Partial Internal Model

Business Upturn

time02-07-2025

  • Business
  • Business Upturn

Sampo has filed an application to extend the Group's Partial Internal Model

Sampo plc, stock exchange release, 2 July 2025 at 12:00 pm EEST Sampo has filed an application to extend the Group's Partial Internal Model Advertisement Following the legal merger of If and Topdanmark on 1 July 2025, Sampo has filed an application to the Swedish FSA (Finansinspektionen) to extend the Group's Partial Internal Model to include the operations formerly under Topdanmark. Sampo expects that the application process will be completed in late 2025 or early 2026 at the latest. Sampo estimates that the extended model could reduce the group-level solvency capital requirement by around EUR 60-90 million. SAMPO PLC Investor Relations and Group Communications For further information, please contact: Sami Taipalus Head of Investor Relations tel. +358 10 516 0030 Distribution: Nasdaq Helsinki Nasdaq Stockholm Nasdaq Copenhagen London Stock Exchange FIN-FSA The principal media Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.

Finnish Insurer Sampo Picks Thorsrud as CEO to Succeed Magnusson
Finnish Insurer Sampo Picks Thorsrud as CEO to Succeed Magnusson

Bloomberg

time18-06-2025

  • Business
  • Bloomberg

Finnish Insurer Sampo Picks Thorsrud as CEO to Succeed Magnusson

Finland's Sampo Oyj appointed Morten Thorsrud to succeed retiring Torbjorn Magnusson as chief executive officer, in a sign of continuity at the helm of the property and casualty insurer. Thorsrud, who currently runs the If P&C unit within the group, will take the top job at Sampo on Oct. 1, Helsinki-based Sampo said in a statement Wednesday, adding he was chosen from among a group of internal candidates. Magnusson will stay as a senior adviser until the end of the year.

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