
About Ilmarinen
We are Finland’s largest private earnings-related pension insurance company. As a mutual pension insurance company, we are wholly owned by our customers. Our task is to ensure that our customers receive the pension they earned from work. We offer statutory employees’ and self-employed persons’ pension insurance for employers and entrepreneurs operating in Finland.
Current topics

Press release 28.4.2023
Ilmarinen’s Interim Report 1 January to 31 March 2023: Positive return on investments, premiums written grew and cost-effectiveness improved
The return on Ilmarinen’s investment portfolio was +2.2 (-2.2) per cent, i.e. EUR 1.3 billion, as a result of rising stock prices. The market value of investments grew to EUR 57.5 (56.3) billion. The long-term average return on investments from 1997 onwards was 5.8 per cent. This corresponds to an annual real return of 3.8 per cent.

Press release 16.2.2023
Ilmarinen’s financial statements 2022: Premiums written grew strongly and cost-effectiveness improved to a record level, return on investments -6.6 per cent and continued strong solvency
“2022 was a year of strong growth and improvement of effectiveness for Ilmarinen. Premiums written grew by as much as 11 per cent and cost-effectiveness improved to a record level. At the same time, the operating environment in the investment markets was very challenging. Russia’s war of aggression in Ukraine, Europe’s energy crisis, accelerated inflation and rapidly tightening central bank monetary policy cast a shadow over the economic outlook, broadly reducing investment market returns. Ilmarinen’s return on investments was negative, but solvency remained strong,” says Ilmarinen’s President and CEO Jouko Pölönen.

Press release 28.10.2022
Ilmarinen’s Interim Report 1 January to 30 September 2022: Premiums written growing strongly, return on investments negative, solvency remained good
The return on Ilmarinen’s investment portfolio was -8.0 (10.5) per cent, i.e. EUR 4.9 billion negative due to falling stock prices and rising interest rates. The market value of investments fell to EUR 55.8 (60.8) billion. The long-term average return on investments was 5.7 per cent. This corresponds to an annual real return of 3.9 per cent.
Join us in building a better working life
A career at Ilmarinen is an opportunity to boldly vision, to create and to experience a better working life. As Finland’s leading earnings-related pension insurer, we influence the sector’s development and the transformation of working life through our own example every day.
Learn more about Ilmarinen as an employer
We are responsible earnings-related pension company
Sustainability is one of our values and part of everything we do. We take care of your pension cover and your pension assets. That is our way of bearing responsibility for the future. We regularly report on our work to enable you to assess our performance.
Find out what sustainability means in managing pension cover
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Governance and organisation
Well-functioning governance supports the management of pension cover.
Read about our corporate governance and organisation -
Financial information
On these pages, you can find our financial information related to the management of pension cover, such as the Board of Directors’ Reports on Operations, interim reports, and annual and sustainability reports.
Take a look at the financial information -
The way we work
On these pages you will find a compilation of the policies and practices that guide our operations.
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Investments
We invest our shared pension assets profitably, securely and responsibly.
Find out how we invest pension assets -
Strategy and values
Our strategy and values guide our operations in managing pension cover.
Take a look at our strategy and values -
Our history
Ilmarinen was established at the same time as the Finnish pension system. We are Finland’s oldest earnings-related pension company.
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Ilmarinen’s real estate
As part of investing pension assets, we provide homes and business premises for thousands of Finns.
Take a look at our real estate -
For the media
Need an interview with a specialist or information about pension cover? Our specialists and Communications department are there to help you.
Find out how to contact us