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Finnish pension insurance company From Wikipedia, the free encyclopedia
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]
 | |
 Ruoholahti from a hot air balloon in 2010. Varma's main office in Salmisaari is in the foreground. | |
| Company type | Mutual company |
|---|---|
| Industry | Insurance services |
| Founded | 1998 [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] |
| Website | https://www.varma.fi/en/ |
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]
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