Ilmarinen falls 9.4% as Finland acts on pensions solvency

By 2008-10-23T14:15:00

[15:15 CEST 23-10] FINLAND – The €23.4bn Ilmarinen Mutual Insurance Pension Company has reported a negative return of -9.4% for the first nine months of 2008 and a loss of €2.3bn in the third quarter, but its solvency ratio could improve under Finnish government proposals to relax regulations.

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