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.

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Sensitivity Analysis of the Capital Position

The total sensitivity of equity is shown in the table Sensitivity analysis of capitalization to market risks, If P&C, Mandatum Life and Sampo plc, 31 December 2012 separately for the insurance subsidiaries together with the corresponding effect on the discounted value of liabilities and adjusted solvency capital.

Sensitivity Analysis of Capitalization to Market Risks
If P&C, Mandatum Life and Sampo plc, 31 December 2012

 31 Dec 2012

Interest rate Equity

Other financial investments

EURm

1% parallel shift down

1% parallel shift up

20% fall in prices

20% fall in prices

If P&C

107 -105 -250 -26

Mandatum Life

1 -21 -316 -152

Sampo plc

2 -2 -4 -3

Total effect on equity

109 -127 -569 -180
         

Change in liability side adjustment

-1,143 944 9 4

Effect on adjusted solvency capital

-1,033 817 -560 -176
The effects represent the instantaneous effects of a one-off change in the underlying market variable on the fair values as of 31 December, 2012. The sensitivity analysis includes the effects of derivative positions. All sensitivities are calculated before taxes. The debt issued by Sampo Group companies is not included.

For example, a rise in interest rates would reduce the values of financial instruments causing a fall in the Sampo Group's equity. On the other hand, the effect on adjusted solvency capital would be positive due to the fact that the market value of technical provisions would decrease as a result of applying a higher discount rate.