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The financial reporting process aims to ensure that Sampo’s Board of Directors and executive management have timely and reliable information supporting their decision-making, and that external stakeholders can also rely on the financial information provided to them.
Sampo Group's Financial Reporting Process
Sampo Group’s financial reporting is organized under Group Control and Planning and Group Accounting units and it operates under the Group Chief Financial Officer. Group Control and Planning prepares and follows Group-level and parent company’s financial targets and forecasts, takes care of monthly reporting of profit development as well as solvency calculations. It also produces different types of market analyses and reviews. Group control is also responsible for the Group’s annual and quarterly Solvency II reporting to the supervisory authorities.