KEY FIGURES DESCRIBING FINANCIAL DEVELOPMENT
		Group			Parent company
		2006	2005	2004	2006	2005	2004

Turnover	EUR mill.	446	893	924	409	835	909

Premiums written before reinsurers' share	EUR mill.	124	121	391	90	89	371

Operating profit/loss	EUR mill.	287	448	262	291	366	198
Total earnings	EUR mill.	386	681	335	392	620	250

Expense ratio
of expence loading	%	111.3	116.4	110.7	102.7	101.8	100.5
of balance sheet total	%	0.7	0.7	1.1	0.5	0.5	0.9

Net investment income at current values on capital employed	%	6.5	17.4	8.6	6.5	17.5	8.6

Return on assets at current values	%	8.1	12.5	7.7	8.2	11.9	6.5

Solvency margin	EUR mill.	1,430	1,339	895	1,427	1,335	891
Equalisation provision	EUR mill.	29	29	55	29	29	55
Solvency capital	EUR mill.	1,460	1,369	951	1,457	1,364	946

Solvency ratio	%	27.4	25.7	16.1	27.5	25.9	16.1

Average number of employees		222	249	551	14	15	253

ANALYSIS OF RESULT

EUR million	Group			Parent company
	2006	2005	2004	2006	2005	2004

Premiums written, net	124	129	384	90	97	364
Investment income and charges, unrealised gains/losses, changes in book value	322	722	456	318	746	538
Claims paid	-410	-302	-397	-393	-293	-394
Change in technical provisions before bonusesand rebates and change in equalisation provision	298	-134	-189	299	-119	-178
Operating expenses	-38	-34	-62	-20	-20	-50
Other underwriting income and charges	0	33	0	-	33	-
Balance on technical account before bonuses and rebates and change in equalisation provision	296	414	191	295	444	279

Other income and charges	-9	-15	-6	-4	-78	-81
Share of associate undertakings' profits/losses	0	50	77	-	-	-

Operating profit/loss	287	448	262	291	366	198

Change in equalisation provision	0	10	1	0	10	1
Bonuses and rebates	-315	-258	-121	-314	-257	-120

Profit/loss before extraordinary items	-27	201	142	-23	119	79

Extraordinary income	-	-	-	-	-	-
Extraordinary charges	-	-	-	-	-	-

Profit/loss before untaxed reserves and tax	-27	201	142	-23	119	79

Tax on profit	0	1	-24	0	0	-51

Profit/loss for financial year	-28	202	119	-23	119	28

PREMIUMS WRITTEN

EUR million	Group			Parent company
	2006	2005	2004	2006	2005	2004

Life insurance	46	46	147	19	19	130
Capital redemption contracts	0	1	6	0	1	6
Employees' group life insurance	-	-19	10	-	-19	10
Pension insurance	78	93	228	71	88	224
Total	124	121	391	90	89	370

Unit-linked insurance
Domestic	-	-	70	-	-	70
Foreign	6	4	2	-	-	-

CLAIMS INCURRED

EUR million	Group			Parent company
	2006	2005	2004	2006	2005	2004

Claims paid
Life insurance	198	116	179	183	108	177
Employees' group life insurance	-	3	11	-	3	11
Pension insurance	166	146	141	165	146	141
Surrenders	43	36	68	42	35	68
Claims settlement expenses	3	4	5	3	3	5
Total	410	305	404	393	295	401

Change in provision for claims outstanding	99	103	64	99	102	64

Claims incurred in total	509	408	468	492	397	465

SOLVENCY

EUR million	Group			Parent company
	2006	2005	2004	2006	2005	2004

Solvency margin
Capital and reserves	820	846	643	759	783	664
Difference between current and book values of investments	687	588	355	689	587	334
Deferred tax	1	0	2	0	1	1
Intangible assets	-75	-83	-91	-19	-23	-93
Other	-3	-12	-14	-3	-12	-14
	1,430	1,339	895	1,427	1,335	891

Equalisation provision	29	29	55	29	29	55
Minority interest	0	1	1	-	-	-
Solvency capital	1,460	1,369	951	1,457	1,364	946

Solvency ratio, %	27.4	25.7	16.1	27.5	25.9	16.1

Solvency margin requirement under Insurance Companies Act	237	234	270	229	225	263

NET INVESTMENT INCOME ON CAPITAL EMPLOYED

Parent company	Jan 1-Dec 31, 2006			Jan 1-Dec 31, 2005
	Net income	Capital	Return on	Net income	Capital	Return on
	at current	employed	capital	at current	employed	capital
	values		employed	values		employed
	EUR mill.	EUR mill.	%	EUR mill.	EUR mill.	%


Loans	0	1	4.2	0	1	4.2
Fixed income securities	17	3,633	0.5	164	3,313	4.9
of which bond funds	7	962	0.7	64	1	9.6
Other debt securities and deposits with credit institutions	9	287	3.0	17	655	2.6
of which bond funds	1	46	3.1	1	43	2.5
Shares and fund units	342	1,717	19.9	752	1,101	68.3
Land and buildings	45	452	9.9	34	386	8.7
of which mutual funds and
joint investment companies	25	160	15.3	11	68	16.6
Other investments	16	394	4.2	42	243	17.3
Investments in total	429	6,485	6.6	1,008	5,698	17.7
Income, charges and operating expenses not allocated to investment classes	-9		-0.1	-9		-0.2

Net investment income at current values	420	6,485	6.5	1,000	5,698	17.5

INVESTMENT MIX AT CURRENT VALUES

Parent company	Dec 31, 2006		Dec 31, 2005
	Current value	Percentage	Current value	Percentage
	EUR mill.	%	EUR mill.	%


Loans	2	0.0	2	0.0
Fixed income securities	2,851	42.1	4,077	60.6
includes bond funds	971	14.3	842	12.5
Other debt securities and deposits with credit institutions	869	12.8	399	5.9
includes bond funds	-	-	58	0.9
Shares and fund units	2,169	32.0	1,426	21.2
Investments in land and buildings	464	6.8	434	6.5
includes mutual funds and joint
investments companies	141	2.1	116	1.7
Other investments	420	6.2	390	5.8

Total	6,775	100.0	6,727	100.0

Modified duration of the fixed-income portfolio	4.7		5.3

ANALYSIS OF NET INVESTMENT INCOME

Parent company	Jan 1-Dec 31, 2006	Jan 1-Dec 31, 2005
EUR million

Direct net income
Loans	0	0
Fixed income securities	122	93
Other debt securities and deposits with credit institutions	6	14
Shares and fund units	102	85
Land and buildings	13	14
Other investments	-	-
Income, charges and operating expenses not allocated to investment classes	-9	-9

Changes in book values
Shares and fund units	135	508
Fixed income securities	-53	46
Land and buildings	2	17
Other investments	0	-22

Net investment income at book value	318	746

Change in difference between current and book values
Shares and fund units	155	293
Fixed income securities	-59	-31
Land and buildings	6	-8
Other investments	0	0

Net investment income at current values	420	1,000

Share of derivative instruments of net investment income (included in the above)	13	-88

Suomi-yhtiö

Verkkovuosikertomus 2007