The solvency of pension insurance companies is indicated by the assets that exceed the technical provisions. Representing an estimate of the future pension liabilities, the technical provisions are funded and stated in the pension provider’s balance sheet. The solvency ratio shows the ratio of the pension provider’s assets to the technical provisions. The solvency ratio is calculated by dividing the pension assets by the technical provisions.
The solvency of the Seafarers’ Pension Fund is at an extremely strong and securing level. The high solvency enables us to bear higher risks related to investments, which will lead to higher returns on our investments in the long run.
