Sampo Oyj · OMXHEX:SAMPO
Sampo Oyj — Investor Day (August 2018)
11 slides from Sampo Oyj's investor day presentation, Aug 17, 2018
Slide 1: Comments on Sampo Group Solvency Q2/2018
Comments on Sampo Group Solvency Q2/2018 ANALYST DAY, AUGUST 17, 2018 Peter Johansson, Group CFO, Sampo Group 1
Slide 2: Mandatum Life Solvency June 30, 2018
17 August 2018 Mandatum Life Solvency June 30, 2018 EURm SF with transitional measures Solvency ratio 194% 2,500 2,000 355 271 1,500 37 93 68 276 2,145 * 1,000 1,284 500 1,104 276 0 LAC = Loss Absorbing Capacity, TP = Technical Provision, DT = Deferred Taxes * Own Funds without transitional measures
Slide 3: If P&C Solvency June 30, 2018
17 August 2018 If P&C Solvency June 30, 2018 Standard Formula Solvency Ratio 221% Internally assessed Solvency ratio 306% EURm EURm 4,500 4,500 4,000 4,000 S&P TAC 3,658 EURm S&P TAC 3,658 EURm 3,500 3,500 S&P TTC for A rating 3,087 EURm S&P TTC for A rating 3,087 EURm 3,000 3,000 2,500 123 2,500 49
Slide 4: Topdanmark Solvency June 30, 2018
17 August 2018 Topdanmark Solvency June 30, 2018 Standard Formula Solvency ratio 175% Partial Internal Model Solvency ratio 213% EURm EURm 1,400 1,400 1,200 396 1,200 589 1,000 68 1,000 293 221 410 68 800 31 800 31 410 600 94 600 953 72 953 400 758 400 758 546 200 200 447 0 0 LAC = Loss Absorbing Ca
Slide 5: Group's Own Funds and Solvency According to Conglomerate Rules Q2/2018
17 August 2018 Sampo Group’s Own Funds and Solvency According to Conglomerate Rules Q2/2018 Standard Formula applied to Solvency requirements for insurance companies EURm 12,000 Solvency Ratio 146% 10,000 8,000 53 6,000 3,698 10,887 4,000 7,471 1,104 2,000 546 1,898 0 172 Sampo plc If Topdanmark Man
Slide 6: Group Solvency by Solvency II Rules June 30, 2018
17 August 2018 Sampo Group Solvency by Solvency II Rules June 30, 2018 EURm 12,000 Ratio of eligible Own Funds to Group SCR 146% 10,000 8,000 6,000 3,753 10,850 4,000 7,419 2,000 3,666 0 Consolidated Group SCR* Nordea and Group SCR Total Eligible Own Funds Other financial sector *) Standard formula
Slide 7: Diversified Companies & Diversified Portfolio
17 August 2018 Diversified Companies & Diversified Portfolio* 1 0.25 1 0.19 0.84 1 0.35 0.67 0.67 1 P/L CONTRIBUTIONS* LOW VOLATILITY EARNINGS LOW VOLATILITY C/R FOCUS ON U-L & WM LOW VOLATILITY C/R PBT 2010-17 • Geographical diversification • Geographical diversification • Finland & Baltics • Denma
Slide 8: Group's Own Funds and Internally Adjusted Solvency According to Conglomerate Rules Q2/2018
17 August 2018 Sampo Group’s Own Funds and Internally Adjusted Solvency According to Conglomerate Rules Q2/2018 Standard Formula applied to Solvency requirements for insurance companies. Sampo is using correlations of quarterly reported profits between business areas when assessing the diversificati
Slide 9: Group's Own Funds and Illustrated Solvency According to Conglomerate Rules Q2/2018
17 August 2018 Sampo Group’s Own Funds and Illustrated Solvency According to Conglomerate Rules Q2/2018 Partial Internal Model applied to Solvency requirements for If P&C and Topdanmark. EURm 12,000 Solvency Ratio 155% 10,000 8,000 53 6,000 3,698 10,887 4,000 7,024 1,104 2,000 447 1,551 0 172 Sampo
Slide 10: Group Solvency Q2/2018 - S&P Model
17 August 2018 Sampo Group Solvency Q2/2018 ‒ S&P Model EURm 9,000 8,000 7,000 588 6,000 3,082 5,000 4,000 7,813 8,189 7,400 6,797 3,000 5,216 2,000 4,303 1,000 0 Asset risk Liability risk Diversification Total A Total BBB S&P capital Total AA Total AAA capital capital base capital capital charge ch
Slide 11: Group Solvency Q2/2018 - S&P Model
17 August 2018 Sampo Group Solvency Q2/2018 ‒ S&P Model Nordea share price update August 15, 2018 EURm 9,000 8,000 7,000 588 6,000 3,082 5,000 4,000 8,122 8,189 7,400 6,797 3,000 5,216 2,000 4,303 1,000 0 Asset risk Liability risk Diversification Total A Total BBB S&P capital Total AA Total AAA capi