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Varma Mutual Pension Insurance Company

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Varma Mutual Pension Insurance Company
Company typeMutual company
IndustryInsurance services
Founded1998 [1]
Headquarters,
Key people
Risto Murto (CEO), Jaakko Eskola (Chairman of the Board)
Revenue€10,485.6 million (2021)[2]
€5,586.5 million (2021)[2]
€6.8 million (2021)[2]
Total assets€45,962.0 million (2021)[2]
Number of employees
527 (2021)[2]
Websitehttps://www.varma.fi/en/

Varma Pension Insurance Company (Finnish: Keskinäinen työeläkevakuutusyhtiö Varma) is a pension insurance company in Finland.[3][4] Varma manages statutory TyEL insurance for employees and YEL insurance for the self-employed and statutory vocational rehabilitation and services relating to predicting and managing work ability risks. Varma is a mutual company and its head office is located in Salmisaari, Helsinki.[5]

In 2021, Varma paid out pensions in the amount of 6.2 billion euros to 346,000 people, and at year-end 571,229 people were insured with Varma.[2] In terms of turnover, Varma was the twelfth-biggest company in Finland in 2020.[6] In 2021, Varma was one of the largest real estate investors in Finland.[7]

References

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  1. ^ "Varma Keskinäinen työeläkevakuutusyhtiö". Finder. Retrieved 28 March 2018.
  2. ^ a b c d e f "Varman toimintakertomus ja tilinpäätös 2021" (PDF). Retrieved 11 Mar 2022.
  3. ^ Lundén, Kimmo. "Varman Murto: Tällä menolla eläkepommi jää suutariksi" [Murto of Varma: It things continue this way the pension "bomb" is not going to explode]. Talouselämä (in Finnish). Retrieved 2020-09-22.
  4. ^ "Ilmarinen hotkaisee Eteran - kasvaa isommaksi kuin Varma". Kauppalehti. Retrieved 28 March 2018.
  5. ^ "Front page". Varma. Retrieved 2020-09-22.
  6. ^ Talouselämä. "TE500". Talouselämä (in Finnish). Retrieved 2022-03-11.
  7. ^ "Suuret kiinteistösijoittajat siirtävät vuokratalojaan kaukolämmöstä maalämpöön – syynä on halu säästää energiakuluissa ja vähentää päästöjä". Yle Uutiset (in Finnish). 2022-01-05. Retrieved 2022-03-11.

Further reading

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  • Hannikainen, Matti (2020). Varma : pienestä eläkekonttorista suureksi työeläkeyhtiöksi (in Finnish). Otava. ISBN 978-951-1-35606-6.
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