Mandatum Life is one of Finland’s most respected and solvent financial service providers, and part of the successful Sampo Group. Mandatum Life provides its customers with wealth management, saving and investment services, employee reward and retention and personal risk insurance services.

Mandatum Life has some 300,000 private customers and 20,000 corporate customers. Mandatum Life operates in Finland, the Nordic countries and the Baltics.

Key figures 2020

Premiums written, own account:

€1,5051 million (1,596)

Profit before taxes:

€154 million (280)

Return on equity:

14.4 % (23.5)

Solvency ratio:

188% (194), without transitional measures 159% (159)
Return on investments: 6.5% (9.2), on the segregated portfolio 1.5% (6.4)

Average number of staff:

576 (563)


Mandatum Life Insurance Company Limited is owned by Sampo plc, which is listed on Nasdaq OMX Helsinki. Mandatum Life’s financial information is available in its entirety on Sampo plc’s website.

Read more on Sampo plc’s website:

Sampo plc’s quarterly reports »
Sampo plc’s reports for 2020 »
Sampo plc’s stock exchange and press releases »

Mandatum Life's annual report 2020 »

Vision and values


Mandatum Life complies with good governance based on legislation governing the insurance industry and the regulations and guidelines issued by the Finnish Financial Supervisory Authority. As part of Sampo Group, we comply with the Corporate Governance Code of Finnish listed companies.

Read more about Sampo Group’s governance »

Mandatum Life’s risk management

Mandatum Life follows the risk management principles defined by the Sampo Group, which also take into account the characteristics of a life insurance company that apply to Mandatum Life. Mandatum Life’s Baltic branches follow similar risk management principles.

Internal audit

Mandatum Life’s Internal Audit is carried out independently of the company’s business operations. Its mandate is to objectively assess and ensure the organisation’s activities. The objective of the Internal Audit is to bring added value to the organisation and to improve its activities. Mandatum Life’s Board of Directors annually approves the company’s Internal Audit action plan.

Mandatum Life’s Internal Audit is part of the Sampo Group’s Internal Audit. The Group’s Internal Audit is overseen by the Chief Audit Executive (CAE), who reports to the Group’s CEO and Executive Committee and to the Board’s Audit Committee.

Read more about Mandatum Life’s risk management in our Board of Directors’ report »

Sampo Group’s Internal Audit »

Solvency and Financial Condition Reports »
Solvency and Financial Condition Report 2020 »
Solvency and Financial Condition Report 2019 »

Management and Board of Directors


Mandatum Life’s corporate responsibility is based on the cornerstones of its operations: increasing and securing the financial welfare of customers and safeguarding against risks.

Read more about Mandatum Life’s corporate responsibility

Group and partners