Sampo Group’s Online Annual Report 2012 and Sampo’s video ‘25 Years as a Listed Company’ have been granted the international Red Dot Communication Design 2013 Awards.

Red Dot design award winner 2013

Property & Casualty Insurance Key Figures

Profit before taxes

Formula shown above in connection with the Group key figures.

Return on equity (at fair values), %

Formula shown above in connection with the Group key figures.

Risk ratio, %

+ claims incurred
- claims settlement expenses                                                             x 100 %
premiums earned

Cost ratio, %

+ operating expenses
+ claims settlement expenses                                                            x 100 %
premiums earned

Loss ratio, %

claims incurred                                                                                    x 100 %
premiums earned

Loss ratio excl. unwinding of discount, %

claims incurred before unwinding of discount                                     x 100 %
premiums earned

Expense ratio, %

operating expenses                                                                             x 100 %
premiums earned

Combined ratio, %

Loss ratio + expense ratio

Combined ratio excl. unwinding of discount, %

Loss ratio before unwinding of discount + expense ratio

Solvency capital (IFRS)

+ equity after proposed profit distribution
± valuation differences on investment
- intangible assets
+ subordinated loans
- deferred tax liability probably realised in near future
+ other required items (Ministry of Finance decree)

Solvency capital, % of technical provision (IFRS)

solvency capital                                                                                   x 100 %
+ liabilities for insurance and investment contracts
- reinsurers’ share of insurance liabilities

Solvency ratio (IFRS), %

solvency capital                                                                                    x 100 %
premiums earned from 12 months