Sampo gains after flagging limited impact from Danish ruling

Sampo Oyj

06/05/2026 08:56

** Shares in Sampo SAMPO.HE rise over 4% after the Finnish insurer said in its Q1 report it expects to cushion the blow from the Danish Supreme Court ruling

** Sampo expects the financial impact of the ruling to be covered by existing reserves, with limited effects on profit, solvency and its 2026 outlook

** "This is a positive surprise relative to our expectations and also peer disclosures," says J.P. Morgan

** JPM notes Q1 results were weighed by anticipated mark-to-market impacts on net financial results, with headline profit-before-tax of 28 million euros ($33 million) missing consensus expectations for 106 million

** The underwriting result was 9% ahead, benefiting from more favourable large and weather claims in the Nordics, it adds

** Shares on track for a best day since February 2022, if gains holds

($1 = 0.8527 euros)

 (Reporting by Agnieszka Gosciak-Rabalska)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))