Sampo published a really strong Q2 result that was above the expectations. Earnings beat came purely from Sampo’s crown jewel If which had clearly better insurance service result than what markets were expecting. After Mandatum spin off later in October Sampo will turn into pure insurance company. Analyst Sauli Vilén comments on Q2 highlights.
Extensive report of Sampo: https://www.inderes.se/research/sampo-kungen-av-den-nordiska-skadeforsakringsmarknaden
00:00 Second quarter highlights
02:31 Mandatum spin off