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  "documentTitle": "Sampo Oyj (SAMPO)",
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  "authorName": "Elliott",
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  "notes": "The slide highlights IF P&C's superior underwriting performance (lower COR) and lower volatility compared to Gjensidige, Tryg, and Topdanmark.",
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      "text": "IF P&C's COR is 85% (unadj.) but the markets it participates in have a weighted avg. COR of 94% (weighted by premiums). For example, in Sweden, IF P&C achieved a COR of 77% vs. the market avg. of 93% (92% Tryg / 95% Gjensidige)",
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      "text": "...MAKING IT THE ALPHA UNDERWRITER IN ITS MARKETS",
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