Sampo Group’s results for 2025

Core Insights - Sampo Group achieved consistent execution of its organic growth strategy in 2025, benefiting from scale, unique market positions, and investments in digital capabilities [2][8] - The company is well-positioned to meet its financial targets in 2026, aiming for resilient value creation for shareholders [2][14] Financial Performance - Gross written premiums (GWP) increased by 8% year-on-year to EUR 10,738 million in 2025, with a 3% increase in Q4 [3] - Insurance revenue rose by 8% to EUR 9,078 million, with a 7% increase in Q4 [3] - The underwriting result improved by 13% to EUR 1,485 million, with a 1% increase in Q4 [3] - Net profit surged by 73% to EUR 1,998 million, with a 198% increase in Q4 [3] - Earnings per share (EPS) increased by 65% to EUR 0.74, driven by a EUR 540 million net gain on investments [6][3] Operational Highlights - Digital sales in the Private Nordic segment grew by 15%, with personal insurance GWP growth of 11% [9][10] - The Nordic Commercial segment also saw a 15% increase in digital sales, gaining over 3,200 new customers [10] - Norway exhibited strong growth, with 16% in Nordic Private and 13% in Nordic Commercial [11] Strategic Initiatives - Sampo renewed all material partnerships across markets, enhancing its market-leading position [12] - The integration of Topdanmark is expected to yield synergies and improve cost ratios [13][19] Outlook for 2026 - Sampo projects insurance revenue of EUR 9.5-9.8 billion and an underwriting result of EUR 1,485-1,600 million for 2026 [23] - The company aims to maintain a combined ratio below 85% and achieve operating EPS growth of over 9% annually [21] - The proposed dividend of EUR 0.36 per share represents a 6% increase, aligning with the medium-term distribution policy [15]