Ilmarinen's key figures
The table below compiles our key figures in terms of managing pension cover.
| | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Insurance contributions, EUR million |
6,558.0 | 5,922.0 | 5,220.5 | 5,758.3 | 5,409.9 |
| Pension paid, EUR million |
6,606.0 | 6,309.1 | 6,115.6 | 6,077.8 | 5,698.4 |
| Operating expenses covered by loading income, EUR million |
99.1 | 126.5 | 118.7 | 130.2 | 148.8 |
| Ratio of operating expenses to expense loading components, % 1) |
63.1 | 75.1 | 73.3 | 70.5 | 83.2 |
| Technical provisions, EUR million 2) |
45,197.8 | 46,003.8 | 43,538.8 | 42.150.1 | 40,625.7 |
| Solvency capital, EUR million* 2) |
11,777.3 | 16,539.1 | 12,542.3 | 10,791.8 | 8,917.7 |
| *in relation to solvency limit |
1.7 | 1.9 | 1.8 | 1.6 | 1.6 |
| Pension assets, EUR million* 3) |
57,505.1 | 61,656.1 | 54,014.2 | 51,342.1 | 46,473.8 |
| *% of technical provisions 3) |
125.8 | 136.7 | 130.2 | 126.6 | 123.7 |
| Investments at current value, EUR million |
56,264.2 | 60,772.9 | 53,284.1 | 50,527.8 | 46,024.0 |
| Net return on investments, EUR million |
-4,009.4 | 8,086.0 | 3,528.5 | 5,375.4 | -641.6 |
| ROCE, % | -6.6 | 15.3 | 7.1 | 11.8 | -1.4 |
| Pensioners | 458,512 | 455,775 | 458,401 | 459,932 | 459,993 |
| TyEL payroll, EUR million |
24,924.2 | 22,874.4 | 21,505.3 | 21,923.2 | 20,568.0 |
| YEL confirmed income, EUR million |
1,705.5 | 1,677,4 | 1,676.3 | 1,678.2 | 1,682.5 |
| TyEL insurances 4) | 61,084 | 64,436 | 69,386 | 70,491 | 73,370 |
| Insuder under TyEL | 611,380 | 591,197 | 555,029 | 609,862 | 624,800 |
| YEL insurances | 75,240 | 76,781 | 76,147 | 76,063 | 74,443 |
| Permanent personnel 31 Dec |
588 | 596 | 628 | 614 | 649 |
1) Due to the change in premium rates affecting the expense loading component, the ratio of operating expenses to expense loading components for 2015 - 2016 is not comparable with the figures of previous years. In addition, Ilmarinen and Elvira merged in the beginning of 2018; the comparison data for 2015 - 2017 only includes Ilmarinen's figures.
2) Calculated according to the regulations in force at any given time.
3) Technical provisions + solvency capital in accordance with section 11, item 10, of the Ministry of Social Affairs and Health's decree (614/2008.) Until 2016, technical pro-visions + valuation differences.
4) Insurance policies of employers with insurance contracts