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A service for researchers · Friday, October 30, 2020 · 529,602,810 Articles · 3+ Million Readers
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Finland Insurance Industry News  •••  Topics  •  Finland Media Directory

Finland Insurance Industry Newswire

  • Published on Oct 27, 2020

    Finland's Sampo says has all approvals for Hastings deal

    By Reuters Staff Oct 27 (Reuters) - Sampo has received all regulatory and antitrust approvals needed for its acquisition of British motor insurer Hastings, the Finnish financial group said on Tuesday. Hastings agreed to be bought in August by Sampo and …

    Source: Reuters - Neutral
  • Published on Oct 29, 2020

    Mary Anne Thurow

    SAXON, Wis. - Mary Anne Thurow, 84, a lifelong resident of Saxon, began her next adventure on Thursday, Oct. 22, 2020, surrounded by her family in her crooked little house filled with colors and love. Mary Anne was born at home in Saxon, July 11, 1936, to …

    Source: Daily Globe - Michigan - Neutral
  • Published on Oct 20, 2020

    Estonia: Foresight Center predicts drastic increase in deficit of Health Insurance Fund

    The annual deficit of the budget of the Estonian Health Insurance Fund is set to grow to 900 million euros in the next 15 years if Estonia sticks to the present model of healthcare financing, Magnus Piirits, expert at the Estonian Foresight Center, said in …

    Source: The Baltic Course - Neutral
  • Published on Oct 12, 2020

    Some of Finland’s jobless have given up, indicates study by OECD

    HEALTH LIMITATIONS and shortage of suitable job opportunities are the two biggest obstacles to employment in Finland, suggests a study conducted by the Organisation for Economic Co-operation and Development (OECD). Commissioned by the Ministry of Social …

    Source: Helsinki Times - Neutral
  • Published on Oct 14, 2020

    Whether or not Tier 3 restrictions mean travel insurance is void

    As Merseyside begins to operate under new restrictions, many are wondering how this will affect their travel plans. Under the government’s new advice, people have been advised not to travel in or out of the Liverpool City Region. Pubs, bars, gyms, betting …

    Source: Liverpool Echo - Neutral
  • Published on Oct 8, 2020

    Watch out for roaming elk and deer during the Finnish hunting season

    Most animal collisions involve elk and deer, and the deer population in particular has grown rapidly in recent years. This has also increased the number of traffic incidents, especially in Southern Finland, where most driving takes place. Statistics from …

    Source: Helsinki Times - Neutral
  • Published on Oct 6, 2020

    Finnish politics is boring—hooray!

    Finnish politics is boring.  A right-of-center coalition takes office, safety net programs are slimmed, the belt tightened for schools and universities, taxes raised and the deficit wiped out. A left-of-center coalition wins the next election, budget cuts …

    Source: Helsinki Times - Neutral
  • Published on Aug 31, 2020

    City of Tampere: Architecture Competition for New Art Museum Building to Launch in Finland

    TAMPERE, Finland--(BUSINESS WIRE)--Aug 31, 2020-- An international architecture competition has been launched in the historical city centre of Tampere. The contestants of the competition get to design a new building for the Sara Hildén Art Museum. The old …

    Source: Odessa American - Texas - Neutral
  • Published on Aug 27, 2020

    Coronavirus Erodes Countries’ Economic Resilience; Global Insurance Gaps Widen

    The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus packages deplete countries’ fiscal and monetary buffers around the world. At the same time, the combined global protection gap for …

    Source: Insurance Journal - Neutral
  • Published on Aug 17, 2020

    Telia Finland extends availability of refurbished smartphones to webshop and every physical store

    Telia Finland says it is extending availability of refurbished mobile phones under the English term 'Recycled' to every physical Telia Store branch and to its online shop, after a pilot running for more than a year. Juha-Matti Kykkanen, who is  …

    Source: Telecompaper - Neutral
  • Published on Aug 12, 2020

    Lebanon: Finland supports the Red Cross’s relief work with one million euros

    Finland will support the operation of the Red Cross’s international committee (ICRC) in Lebanon by one million euros. The operation strives to support the local hospitals and offer aid to the injured, for example. The Red Cross started its aid operations …

    Source: ReliefWeb - Neutral
  • Published on Aug 7, 2020

    Aberdeen lockdown a 'devastating blow' to businesses | Insurance giant to be taken private | Cafe bar operator sees ...

    Reintroduced restrictions in Aberdeen have been described as a “devastating blow” by business leaders, who also recognised the need for the move. Bars, cafes and restaurants have been ordered to close as lockdown restrictions are reimposed in the city over …

    Source: The Herald (Scotland) - Neutral
  • Published on Aug 6, 2020

    Sampo Group and S. African Investor to Acquire UK Insurer Hastings for $2.2B in Cash

    UK insurer Hasting Group Holdings has agreed to a £1.66 billion (US$2.2 billion) cash acquisition by Finnish insurer Sampo and Rand Merchant Investment Holdings Ltd., a South African financial services investment company. Hastings investors will receive …

    Source: Insurance Journal - Neutral
  • Published on Aug 5, 2020

    UK insurer Hastings agrees to higher than expected $2.2 billion cash offer

    HELSINKI (Reuters) - British motor insurer Hastings (HSTG.L) agreed to a 1.66 billion pounds ($2.2 billion) takeover by Finland’s Sampo (SAMPO.HE) and South Africa’s Rand Merchant Investment (RMI) (RMIJ.J), the companies said on Wednesday. FILE PHOTO: A …

    Source: Reuters - Neutral
  • Published on Aug 5, 2020

    RMI and Sampo make £1.66bn takeover offer for UK insurer Hastings

    Rand Merchant Investment Holdings (RMI), which owns Outsurance, and Finnish insurer Sampo had made a joint takeover offer for British insurer Hastings, valuing it at £1.66bn (R37bn). RMI and Outsurance, via jointly owned Mainstreet, have held 29.7% of …

    Source: BusinessLIVE - Uncategorized
  • Published on Aug 5, 2020

    Insurer Hastings' shares surge as it agrees to £1.66bn takeover

    Insurer Hastings’ share price surged this morning after agreeing a £1.66bn takeover by Finland’s Sampo and South Africa’s Rand Merchant Investment. The cash offer will hand Hastings investors 250p per share as well as an interim dividend of 4.5p per share. …

    Source: City A.M. - Uncategorized
  • Published on Aug 5, 2020

    Finnish insurer Sampo's Q2 pretax profit drops 19%

    HELSINKI, Aug 5 (Reuters) - Finnish financial group Sampo reported a 19% drop in second-quarter pretax profit on Wednesday but said it had reversed the March to April drop in the market value of its investment assets. The pan-Nordic insurer, which owns 19. …

    Source: Reuters - Neutral
  • Published on Aug 5, 2020

    Sampo and RMI offer to buy British insurer Hastings for 1.8 bln eur

    HELSINKI, Aug 5 (Reuters) - Finnish insurer Sampo and South Africa’s Rand Merchant Investment (RMI) have made a recommended cash offer worth 1.84 billion euros ($2.17 billion) to buy British auto insurer Hastings, Sampo said on Wednesday. “The offer price …

    Source: Reuters - Neutral
  • Published on Aug 5, 2020

    British insurer Hastings agrees to $2.2 bln buyout offer

    (Adds details from statement, Hastings’ results) HELSINKI, Aug 5 (Reuters) - British motor insurer Hastings agreed a 1.66 billion pounds ($2.17 billion) takeover by Finland’s Sampo and South Africa’s Rand Merchant Investment (RMI), the companies said on …

    Source: Reuters - Neutral
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