• This is Varma
  • Financial information

Financial information

We publish information about our results four times a year. Read our current and previous financial information.

More information about Varma’s financial reporting

  • Previous financial information
  • Annual Report Archive

Varma’s January–March 2022 result: Solvency remained strong in an unstable market

Varma Pension Insurance Company’s solvency remained strong in the first quarter of the year. Unlisted investments yielded positive returns, while the overall return was negative due to the fall in share prices during the first quarter. The return on Varma’s investments in January–March was -1.9 (6.0) per cent. The value of investments was EUR 57.6 (59.0 on 1 Jan) billion at the end of March.

Interim Report January–March 2022 news release

Interim Report January–March 2022 presentation

Interim Report January–March 2022

 

 

Solvency

Varma’s solvency capital remained strong, at EUR 15.8 (16.9 on 1 Jan) billion, i.e. 1.8 (2.0 on 1 Jan) times the solvency limit.

For more information please read our news release

Strong solvency upholds confidence in pension provision. Better investment returns mitigate the pressure to increase pension contributions. Varma’s strong solvency benefits our clients through lower insurance contributions.

In good investment years, investment returns are used to increase the solvency capital, while in lean investment years, the solvency capital shrinks. Good solvency enables Varma to aim for higher returns by making higher-risk investments. As a rule of thumb, one percentage point more in investment returns in the long term means a two-percentage-point drop in pension contributions.

Market sounding

Varma requires the disclosing market participant to be compliant with EU's Market Abuse Regulation (MAR).

The disclosing market participant must follow the following procedure for market sounding purposes.

Procedure for market sounding purposes – EU's market abuse regulation (MAR)
 

1. Please do not approach or contact any Varma´s employee for market sounding purposes before your company has been accepted as a Market Sounding Partner by Varma. If your company has already been accepted as a Market Sounding Partner, you can proceed to section 2.

How to apply for becoming a Market Sounding Partner?

Please send an application signed by your Head of Compliance where your company confirms that procedures in your company are compliant with MAR and other relevant EU guidelines and standards to marketsounding@varma.fi. Once your company has been accepted as a Market Sounding Partner you will be provided a list of the nominated market sounding receivers of Varma.

You only need to register as a Varma’s Market Sounding Partner once.

2. If your company is already accepted as Varma’s Market Sounding Partner, you can contact the relevant market sounding receiver at Varma directly.If you are not sure who to contact in this matter,marketsounding@varma.fi will assist you upon request.

3. You must always ask the relevant market sounding receiver for a permission for market sounding before making any disclosure. Unless the explicit permission is granted, you are not allowed to disclose any information that could be interpreted as confidential or insider information.

Customer service

+358 10 192 102

  • All contact details and office hours

Shortcuts

  • View your pension record
  • Pension insurance for the self-employed (YEL)
  • Employer's pension insurance (TyEL)
  • Take out YEL or TyEL insurance

Information about the service

  • Terms of use
  • Cookies
  • Data protection and information security
  • Accessibility
  • Sitemap
  • Whistleblowing service

Languages

  • Suomeksi
  • På svenska
Varma Mutual Pension Insurance Company | PO Box 1, 00098 Varma | Business ID: 0533297-9
Twitter LinkedIn Instagram Facebook YouTube SlideShare Spotify