For the fourth year running the Finnish insurance group LähiTapiola-ryhmä uses only tier 1 restricted capital to support its eligible own funds to meet the SCR (EOF).
Figures reported in the 2024 LähiTapiola-ryhmä SFCR show that as the group’s EOF increased over the years it shed its tier 2 capital and from 2021 only uses tier 1 unrestricted capital.
The LähiTapiola-ryhmä Solvency II ratio stood at 202% in 2024, a slight decrease from 2023.
Weekly Lunchtime Webinar Series: 2024 SFCRs weekly reporting update
Wednesdays throughout May and June 2025, 12.00 UK / 13.00 CET
A weekly update on the state of the Solvency II and Solvency UK 2024 SFCR reports, including early market analysis from Solvency II Wire Data.
