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Friday, February 12, 2021

Finnish Insurer Sampo Books Q4 Loss on Banking Group Stake

Finnish financial group Sampo on Thursday reported a fourth-quarter loss as the company booked a 899 million euro ($1.09 billion) impairment charge due to a revaluation of its shares in banking group Nordea. The unexpected earnings hit was offset by …

from News – Insurance Journal https://ift.tt/3rMwhvF
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