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LocalTapiola Life’s half-yearly report 1 January–30 June 2022: LocalTapiola Life increasing benefits to owner-customers
17.8.2022 | Economy
LocalTapiola Life’s January–June operating profit was EUR 46 million and solvency strengthened further. Poor performance of the investment market negatively affected our total result. We enhanced the benefits provided to customers in term life insurance.
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LocalTapiola Group’s half-yearly report 1 January–30 June 2022: Insurance business achieves strong result, challenging investment environment affects total result
17.8.2022 | Economy
Revenue from LocalTapiola Group’s insurance business remained strong in January–June and the Group’s solvency developed positively. Poor performance of the investment market negatively affected our total result. In early 2022, we paid our owner-customers nearly EUR 400 million in non-life insurance claims and EUR 193 million in life insurance claims.
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LocalTapiola Life’s result and solvency strengthened
15.2.2022 | Economy
LocalTapiola Life’s year 2021 concluded with a strong result as a consequence of investment market development and profitable insurance business, and our solvency strengthened above the pre-COVID-19 pandemic level.
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LocalTapiola Group’s growth continued and result was strong
15.2.2022 | Economy
LocalTapiola Group’s result for 2021 was exceptionally good, with the results in both insurance and investment business developing positively and the Group’s solvency strengthening further.
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LocalTapiola Life January–June 2021: Result and solvency strengthened
17.8.2021 | Economy
Total result stood at EUR 128.1 million and the solvency ratio at 201 per cent. The improved result was due to favourable investment market development and profitable insurance operations.
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LocalTapiola Group’s result good in January–June: results improved significantly in insurance business and investment activities
17.8.2021 | Economy
LocalTapiola Group’s total result improved significantly and for the first half of the year it was EUR 514 million. The positive development reflected both a good result achieved in investment activities and profitable insurance operations.
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LocalTapiola Life’s result was good despite the coronavirus pandemic
17.2.2021 | Economy
Operating profit stood at EUR 52 million and total result was EUR 46 million. The decline in total result was due to investment income being poorer than the previous year.
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LocalTapiola Group’s result and solvency remained good despite the coronavirus pandemic
17.2.2021 | Economy
LocalTapiola Group’s total result was EUR 245.9 million. The positive total result was influenced by investment income and the strong result of the insurance business.
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