Varma Mutual Pension Insurance Company | |
Type: | Mutual company |
Key People: | Risto Murto (CEO), Jaakko Eskola (Chairman of the Board) |
Industry: | Insurance services |
Revenue: | million (2021)[1] |
Operating Income: | million (2021) |
Net Income: | million (2021) |
Assets: | million (2021) |
Num Employees: | 527 (2021) |
Homepage: | https://www.varma.fi/en/ |
Foundation: | 1998 [2] |
Location City: | Helsinki |
Location Country: | Finland |
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]
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.[1] 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]