27.8.2021, News and press releases
The total return on Veritas Pension Insurance’s investments was 7.3 per cent in the first half of the year and solvency grew to 131.5 per cent. Veritas’ solvency capital surpassed one billion euros for the first time.
3.3.2021, Blog
The investment strategies of the various earnings-related pension insurance companies generally appear to be very similar. Would it be reasonable then to abandon the institutional decentralisation of investment activities within the earnings-related pension system if all of the pension insurance companies are anyway ending up with similar investment strategies?
18.2.2021, News and press releases
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. The number of YEL and TyEL insurance policies increased.
22.10.2020, News and press releases
The financial market recovery from the corona crisis has been surprisingly strong. The return on Veritas’ investments was 3.3 per cent in the third quarter. The return for the entire year remains slightly negative at -1.1 per cent.
2.10.2020, Blog
Diversification has decreased in the financial markets due to the growing central bank stimulus. Investors are hunting for yield in more risky and illiquid assets which tend to correlate with each other in distressed markets. Can slow-moving investments still bring diversification in ever-faster liquid markets?
20.8.2020, News and press releases
The coronavirus epidemic has thrown a shadow over the second quarter of the year. During the first half of the year, Veritas provided support for its customer companies to ensure their ability to survive the worst phase of the epidemic. Customers were offered payment extensions on their pension contributions and tenants were granted flexibility as well.
1.7.2020, News and press releases
Exilion Tuuli Ky, a renewable energy investor owned by Veritas, Elo and the State Pension Fund, is acquiring more investments in wind power. The company has signed a deal to purchase eleven wind farms and eight development projects from the energy company St1.
