Sampo posted a Q3 17 profit before tax of €1,181m, up 162% yoy and bringing the 9M 17 profits to €2,046m (up 52% yoy). This performance was recorded thanks to non-recurring profit incurring from the change of Topdanmark’s accounting status from an associated company to a subsidiary. Excluding this element, the pre-tax profit amounted to €1,340m, flat relative to 9M 16. The adjusted ROE stood at 13.8%. By business area, P&C posted a pre-tax profit down 3% to €603m
02 Nov 2017
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Healthy insurer
Sampo posted a Q3 17 profit before tax of €1,181m, up 162% yoy and bringing the 9M 17 profits to €2,046m (up 52% yoy). This performance was recorded thanks to non-recurring profit incurring from the change of Topdanmark’s accounting status from an associated company to a subsidiary. Excluding this element, the pre-tax profit amounted to €1,340m, flat relative to 9M 16. The adjusted ROE stood at 13.8%. By business area, P&C posted a pre-tax profit down 3% to €603m