Financial information and investments | Veritas Siirry suoraan sisältöön

Financial information and investments

The pandemic and the subsequent stimulus packages set the pace for the investment year 2020. The return on Veritas’ investments was 6.8 per cent in the fourth quarter of 2020, bringing the investment return for the whole year to 5.6 per cent. The good investment result strengthened Veritas’ solvency, which increased by the end of the year to 128.8 per cent.


Financial information
Annual report

Investment allocation by asset class

31 December 2020

Investment allocation by asset class 2020

Investment activities

We invest our accrued funds profitably and securely as a means of ensuring future pensions. The aim of our investment activities is to achieve the best possible return in order to ensure sustainable funding for pensions.

Our investment activities are professional, independent and responsible. We utilise a wide range of different revenue sources and diversify our investments internationally among different asset classes. Our investments comprise fixed-income investments, equity investments, real estate investments and other alternative investments.

Read more about responsibility at Veritas


Through active risk management, Veritas has held its solvency at a good level throughout the various phases of the corona crisis. The solvency ratio increased during the final quarter to 128.8 per cent. The solvency capital was 1.9 times the solvency limit.

The solvency capital serves as a risk buffer for the purposes of our investment activities and against insurance risk. It determines the pension provider’s capacity to bear risk and pursue higher returns on investment activities. High investment returns increase a pension provider’s solvency and, correspondingly, the solvency decreases during weaker investment years.

Veritas’ solvency has remained strong throughout the corona crisis

Solvency 2020

Market sounding

At Veritas, only Interim CEO Tommy Sandås, Chief Investment Officer Kari Vatanen (all other investments than shares listed in Finland) and Equity Portfolio Manager Kim Fors (shares listed in Finland) are entitled to receive market soundings.

Market soundings must be sent by email (, unless the recipient has given express permission to use an alternative method.

Veritas is a pension insurer for entrepreneurs.

Always personal service - also online.

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