Links to www.swisslife.com About the Swiss Life Group Shareholders & Analysts
 

 
Ilmarinen - Finland
 
Logo Ilmarinen
 
  • Founded in 1961.
  • Headquarters in Helsinki with a staff of approx. 570 employees and 160 branches providing services to clients across the country.
  • Second largest pension insurer in Finland, with a market share of 32.7% of TEL (earnings-related pension insurance premium).
  • Premium income in 2008 amounted to EUR 3.2 billion with over 530,000 persons insured.
  • In 2008 paid out EUR 2.7 billion in pensions to 273,605 recipients.
  • Underwriting reserves totalled EUR 20.6 billion.
  • Won the 2009 award for Best Pension Fund in Finland (annual competition organised by the publication “Investment & Pensions Europe”).
  • Member of the Swiss Life Network since 1987.

 
Special Advantages
  • The local dividend is the portion of investment income which exceeds the technical interest rate, and is used for premium reduction.
  • The expense charge for large employers is reduced based on the total annual salary paid by the company.
  • Offers administrative services to pension funds, foundations and employee investment funds.

Coverages and Products
Types of Benefit
Coverage available and poolable (only TEL-exceeding portion):

  • Old Age Pension
  • Disability Pension (rider)
  • Survivors’ Pension (rider)
  • Rehabilitation (rider)
  • Unemployment Pension (rider)
  • Part-Time Pension (rider)

Website