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  "docSlug": "jarvis-elliott-management-sampo-group-presentation-november-2020",
  "documentTitle": "Elliott Management Sampo Group Presentation November 2020",
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  "presentationDate": "2020-11-01 00:00:00",
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  "notes": "The slide uses a dual-chart layout to demonstrate both absolute performance (outperformance) and risk management (stability).",
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      "text": "Last 5 Year Volatility in COR (%)",
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      "text": "1) Source: Country Industry Association Reports, Company 2019 Annual Reports; data compiled by specialist consulting firm. 2) Standard Deviation of last 5 years reported CORs, expressed as % of average; 3) Adjusted for impact of discount rate changes",
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      "text": "Market Avg. (weighted by geo. & product exposure) | Realized",
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      "kind": "paragraph",
      "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": "IF P&C is #1 in its markets in COR outperformance and stability",
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      "kind": "title",
      "text": "...MAKING IT THE ALPHA UNDERWRITER IN ITS MARKETS",
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      "evidence": "The document presents the separation of Nordea as a solution to Sampo's problems.",
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