The solvency ratio of Finland's earnings-related pension providers fell during the first quarter of 2026, according to the latest statistics published by the Finnish Financial Supervisory Authority (FIN-FSA).

The data showed that the sector's solvency ratio stood at 129.5 per cent at the end of March 2026, down from 130.7 per cent at the end of 2025.

This represented a decline of 1.2 percentage points over the quarter.

The figures cover private-sector earnings-related pension insurers, including pension insurance companies, company pension funds and industry-wide pension funds, which are subject to Finland's solvency regulations.

Among the different provider types, pension insurance companies recorded an average solvency ratio of 129.2 per cent at the end of March, while company pension funds and industry-wide pension funds reported a significantly higher average ratio of 140.9 per cent.

Despite the decline, solvency levels remained broadly in line with recent years and well above levels seen during previous periods of market stress.

Indeed, data published by the Finnish Pension Alliance (TELA) showed that the aggregate solvency ratio of pension insurance companies stood at 129 per cent at the end of the first quarter, compared with 130.4 per cent at the end of 2025.

Historical figures also highlighted that the most significant deterioration in solvency occurred during the 2008 global financial crisis, when temporary legislative measures were introduced to support pension providers' solvency positions.

Meanwhile, TELA's data showed that the aggregate solvency position of pension insurance companies, measured as solvency capital relative to the solvency limit, remained at 1.5 at the end of March 2026, unchanged from the end of 2025.

The FIN-FSA confirmed that it has also updated its solvency statistics database to reflect the latest first-quarter figures.

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