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Sampo takes full ownership of UK insurer Hastings


Finland-based insurer Sampo Oyj has agreed to buy Rand Merchant Investment Holdings Ltd.’s 30% stake in U.K.-based property and casualty insurer Hastings Group Holdings PLC for £685 million ($907million) to gain full ownership of Hastings, Euro News reported citing Reuters. Sampo and RMI bought Hastings in late 2020.



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