Moody’s Ratings assigns a Baa2(hyb) rating to Sampo Plc’s Restricted T...

Frankfurt am Main , September 15, 2025 – Moody's Ratings (Moody's) has today assigned a Baa2(hyb) rating to the fixed rate reset perpetual restricted Tier 1 notes to be issued by Sampo Plc (Sampo or the Group, Long-term Issuer Rating of A2, stable). The notes will be partially or fully written down...

Nordic non-life insurance - Q2 reporting wrap

Estimates intact and frontloading of SBBs 

Strong PTP beat on better UW and Financials

Heads-up for Q2-report, 6 August

Nordic non-life Q2e: A double tailwind

Steadily improving its operation

Change of commander from 1 Oct

Nordic non-life insurance – Q1 reporting wrap

Insurance trip: 16 insurers in three days

Non-life have price increases > inflation in all markets, most in Norway. Life insurance growth with rapid growth & dividend payments. Prefer ALMB, Sampo, Solid, Tryg among non-life; STB for life

Guidance and synergies lifted

Better than expected from both UW and financials

Heads-up for Q1-report, 7 May

Nordic non-life Q1e: Should manage the turmoil

Expect solid underwriting, again

Non-life: Competition authority consider to look at the competition

The DCCA is out with report describing inefficient comp. Could be a drag for Tryg and ALMB despite the industry objections. ALMB drop looks attractive, but it could drag on for two more years.

Nordic non-life insurance – Q4 reporting wrap

UW improvements to last

Beat driven by UW as financials miss

Adj PTP +1%/+9% (ABG/cons) driven by UW as financials miss; DPS just soft, SBB likely to be announced in connection with AGM; Cons 25e-26e (+0-2%) underl. UW; stock follow up 1-2%

Heads-up for Q4-report, 6 February