Sampo Group

Infobox Company
company_name = Sampo Group
company_
company_type = Public (OMX|HEX24346|SAMAS)
foundation = 2004 (current form)
location = Helsinki, Finland
key_people = Georg Ehrnrooth (Chairman of the board), Björn Wahlroos (President and CEO)
industry = Financial services
products = Insurance
net_income = profit €3.573 billion (2007)cite web |url=http://www.sampo.com/annualreport/2007/pdf/Sampo_VSK07_eng.pdf |title=Annual Report 2007 |accessdate=2008-04-11 |publisher=Sampo Group]
num_employees= 6,850 (2007)
homepage = [http://www.sampo.com/ www.sampo.com]

Sampo is a Finnish company in insurance, and, until the year 2006, banking. It is one of the largest companies in Finland. In November 2006, it was revealed that the banking business of Sampo is sold to the Danish Danske Bank, so that Sampo will concentrate on its insurance business. One of the main shareholders and CEO of Sampo is Björn Wahlroos, who is also one of the richest individuals in Finland.

If

Through If Skadeförsäkring Holding AB it controls the major Swedish insurance company If Skadeförsäkring AB and its Finnish sister company If Vahinkovakuutusyhtiö. The two companies also operate in Norway, Denmark and the Baltic countries.

Name

Sampo is the mythical machine in the Finnish folklore that creates salt, food, flour and gold out of nothing. Thus appropriate for banking.

ee also

*List of Finnish companies
* If P&C Insurance

References