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MANDATUM GROUP'S RESULT 1-9 / 2021 3.11.2021 Excellent result , solvency ratio strengthened further Mandatum Group's result before taxes grew to EUR 201 million ( 100 ) in January - September 2021. Comprehensive income after taxes , taking into account changes in market values , rose to EUR 266 million ( 53 ) . The return on equity was 21.2 per cent ( -5.0 ) . Mandatum's operational result ( expense result and asset management result ) increased to EUR 29 million ( 19 ) in January - September . The risk result was EUR 20 million ( 16 ) . Premiums written on the company's own account increased to EUR 960 million ( 670 ) . Premiums written on unit - linked insurance amounted to EUR 888 million ( 602 ) . The return on Mandatum Life's investment assets at fair value was 7.3 per cent ( 0.8 ) in January- September 2021 , and the return on the segregated portfolio's investment assets at fair value during the same period was 2.7 per cent ( -0.5 ) . Unit - linked and other client assets under Mandatum's management increased by 16 per cent to EUR 10.6 billion ( 9.2 ) at the end of September . Investment returns generated roughly two thirds of the growth in assets under management , and net cash flow the remaining approximately EUR 500 million . The with - profit technical provisions decreased according to plan in January - September and amounted to EUR 3.2 billion ( 3.5 ) at the end of the period . The insurance portfolios with a high technical rate of interest ( 4.5 and 3.5 per cent ) shrunk by EUR 160 million to EUR 1.7 billion in January - September . Overall , Mandatum Life has strengthened its technical provisions by EUR 207 million ( 218 ) in response to the low interest rate level . The figure does not include items related to the segregated portfolio . The discount rate for the rest of 2021 and for 2022 and 2023 is 0.25 per cent . The discount rate for 2024 is 0.5 per cent . The technical rate of interest on the segregated group pension insurance portfolio is 0.0 per cent . At the end of September 2021 , Mandatum Life's solvency ratio was 214 per cent ( 188 % in 12/2020 ) , and without the application of the transitional measures , it was 188 per cent ( 159 % in 12/2020 ) . The figures in this section refer to Mandatum Group , unless otherwise indicated . Mandatum Group's key figures 1-9 / 2021 Premiums written , own account : EUR 960 million ( 670 ) Result before taxes : EUR 201 million ( 100 ) ROE : 21.2 % ( -5.0 )