Coefficient = solvency capital in proportion to solvency limit

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Coefficient = solvency capital in proportion to solvency limit Solvency capital as a share of technical reserves (solvency ratio) in 2001-2012 Pension insurance companies Source: FIN-FSA Coefficient = solvency capital in proportion to solvency limit In 2008 the adjustment of liabilities was reduced, and part of the PAYG buffer was shifted to the solvency capital of the funded part. The amendments were based on a temporary law passed in order to reduce the effects of the disorder in the international financial market. The temporary law is valid until the end of 2012. 12.9.2012

Company funds and industry-wide funds * Source: FIN-FSA Coefficient = solvency capital in proportion to solvency limit In 2008 the adjustment of liabilities was reduced, and part of the PAYG buffer was shifted to the solvency capital of the funded part. The amendments were based on a temporary law passed in order to reduce the effects of the disorder in the international financial market. The temporary law is valid until the end of 2012. 12.9.2012 Source: TELA