Sampo Oyj (OHEL:SAMPO) Net Reserve Development From Prior Years (USD Mil) : 0.00 (As of . 20)

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What is Sampo Oyj Net Reserve Development From Prior Years (USD Mil)?

Net Reserve Development From Prior Years (USD Mil) is the difference between the final losses recorded by an insurer and what the insurer originally recorded.

The historical rank and industry rank for Sampo Oyj's Net Reserve Development From Prior Years (USD Mil) or its related term are showing as below:

OHEL:SAMPO's Net Reserve Development From Prior Years (USD Mil) is not ranked ^*
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Net Reserve Development From Prior Years (USD Mil) only.

Sampo Oyj Net Reserve Development From Prior Years (USD Mil) Historical Data

The historical data trend for Sampo Oyj's Net Reserve Development From Prior Years (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sampo Oyj Net Reserve Development From Prior Years (USD Mil) Chart

Sampo Oyj (OHEL:SAMPO) Net Reserve Development From Prior Years (USD Mil) Explanation

Net Reserve Development From Prior Years (USD Mil) is the difference between the final losses recorded by an insurer and what the insurer originally recorded. Prior years’ loss reserve development is useful to the company's management team, as it allows them to assess the impact of incurred claims from previous calendar years on current period earnings.

Generally, lower Prior Years’ Reserve Development is better because it means a higher accuracy on predicting the loss on incurred claims.

Sampo Oyj Net Reserve Development From Prior Years (USD Mil) Related Terms

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Sampo Oyj (OHEL:SAMPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sampo Oyj (OHEL:SAMPO) » Definitions » Net Reserve Development From Prior Years (USD Mil)

Comparable Companies

Traded in Other Exchanges

SAXPY:USA SAXPF:USA SAMPO SDB:Sweden SAMPOh:UK 0HAG:UK SMP0:Germany

Address

Fabianinkatu 27, Helsinki, FIN, 00100

Website

https://www.sampo.com

Sampo is a leading Nordics-based insurer headquartered in Finland and listed in Helsinki. The company has operations in Denmark, Estonia, Finland, Norway, Lithuania, Latvia, and the United Kingdom. Sampo has four subsidiaries that mainly sell personal lines of insurance to retail customers. If is the largest property and casualty insurer in the Nordics. Headquartered in Sweden, If also sells insurance in Denmark, Norway, and Finland. Topdanmark is a Danish property and casualty insurer also focussing on personal lines insurance as well as agriculture and small and medium-sized enterprises. Hastings is a digital insurer that focuses on car, van, bike, and home insurance in the United Kingdom. Mandatum, a life insurer and wealth and asset manager, is currently being divested.

Sampo Oyj (OHEL:SAMPO) Headlines

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