The solvency ratio of Finnish earnings-related pension providers increased in the third quarter of 2024 to 129.3 per cent, according to the Finnish Pension Alliance (Tela).
This is a 0.8 percentage point increase from the end of June, when the solvency ratio was 128.5 per cent. The solvency ratio is calculated by dividing pension assets with technical provisions.
Broken down, pension insurance companies have a higher average solvency ratio (129 per cent,) than that of company funds and industry-wide funds (141 per cent).
Recent figures from Tela also revealed that Finnish occupational pension fund assets grew by €6bn during the third quarter of 2024. It brings total assets to €267bn.
Recent Stories