Vash Gosalia's questions to Sampo Oyj (SAXPY) leadership • Q1 2025
Question
Vash Gosalia asked for details on workers' comp premium adjustments in Nordic Commercial, an update on Oona Health, and whether Sampo expects changing competitive dynamics or has an increased M&A appetite in the U.K. Motor market due to consolidation.
Answer
Executive Morten Thorsrud explained the workers' comp adjustment was a one-off in Finland related to final 2024 invoicing and reported good progress at Oona Health, with cross-selling now expanding to the If portfolio. Executive Knut Alsaker stated that Sampo welcomes U.K. consolidation as it promotes market rationality and that Hastings has the necessary scale, so there is no strategic need to participate in M&A.