Glossary
This glossary includes the most essential property and casualty insurance and life insurance terminology as well as financial statements terms used in Sampo Group. Because of different meanings in some cases in property and casualty insurance vs. life insurance, there are two different explations for some of the insurance terms.
You can move from an English word to an equivalent Finnish word by clicking the 'Suomeksi' button on the upper right hand corner of the web page.
G
Group solvency ratio
Group solvency ratio tells us how much the company has eligible own funds in relation to the minimum requirement for the own funds set by the supervising regulators. Supervisors define what items can be included in the eligible own funds. The minimum requirement for the own funds is the supervisor's view on how much capital is needed to cover the risks taken by the business operations of the Group.