Sampo is a northern European P&C insurance group with operations in the Nordics, Baltics, and the UK.
The company's insurance customers became shareholders, and Sampo was listed on the Helsinki Stock Exchange in January 1988.
The merger of Sampo and state-owned Leonia Bank was the number one business news story at the turn of the millennium.
Björn Wahlroos became Group CEO and President and brought with him a new type of thinking derived from his banking expertise.
[7] This sale allowed Sampo to focus on its insurance business, with the proceeds invested in shares of Nordea, the largest bank in the Nordic region, until Sampo sold its entire holding in Nordea in April 2022.
Approximately 60 per cent of shares were held by foreign and nominee registered shareholders.
[12] In Finnish mythology, the name "Sampo" refers to a mythical machine that creates salt, food, flour and gold out of nothing.