Solvency capital refunds extended to all insurance savings
As Suomi Mutual no longer underwrites new insurances, the company's solvency capital is being released as insurances expire. This capital is refunded to customers in the form of additional benefits, in accordance with previously announced principles and within the limits allowed by the company's risk status. Refunds are made as special additional benefits for all current Suomi Mutual insurances taken out before July 1, 1997. The special additional benefits on such insurances are based on a previously made conditional promise.
During the financial year, it was decided to extend the solvency capital refunds in general to all insurance savings.