The Finnish insurance group Sampo is exploring an entry into the UK market with a potential bid for the Non-Life insurer Hastings Group Holdings. The operation is being prepared with Hastings’s biggest shareholder, Rand Merchant Investment Holdings. Through such an acquisition, Sampo will be able to diversify its earnings, currently coming exclusively from the Nordic countries, and boost its growth. This is also a sign that the impact of the pandemic on its figures is lower than expecte
30 Jul 2020
Sampo is thinking about a larger European presence
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Sampo is thinking about a larger European presence
The Finnish insurance group Sampo is exploring an entry into the UK market with a potential bid for the Non-Life insurer Hastings Group Holdings. The operation is being prepared with Hastings’s biggest shareholder, Rand Merchant Investment Holdings. Through such an acquisition, Sampo will be able to diversify its earnings, currently coming exclusively from the Nordic countries, and boost its growth. This is also a sign that the impact of the pandemic on its figures is lower than expecte