Sampo posted a Q2 17 profit before tax of €435m, down 9% yoy and bringing H1 17 profits to €865m (-3% yoy). The ROE stood at 14.1% vs. 10.9% a year before. By business area, P&C posted a pre-tax profit up 4% to €453m in H1 17 (€252m for the Q2 17, up 14% yoy). The combined ratio stood at 86.5% in June 2017 vs. 83.7% a year before. Net premiums reached €2,583m in H1 17, up 1% yoy (stable in the Q2 17 at €1,040m). H1 17 net income from investments increased by
09 Aug 2017
A Q2 17 out of shape
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A Q2 17 out of shape
Sampo posted a Q2 17 profit before tax of €435m, down 9% yoy and bringing H1 17 profits to €865m (-3% yoy). The ROE stood at 14.1% vs. 10.9% a year before. By business area, P&C posted a pre-tax profit up 4% to €453m in H1 17 (€252m for the Q2 17, up 14% yoy). The combined ratio stood at 86.5% in June 2017 vs. 83.7% a year before. Net premiums reached €2,583m in H1 17, up 1% yoy (stable in the Q2 17 at €1,040m). H1 17 net income from investments increased by