NN GROUP overview

NN Group today published its 2018 Annual Report, an integrated review of the company's performance, consisting of the Annual Review and the Financial Report. NN Group's annual report is available for download at www.nn-group.com/annual-report . NN Group has also published a Solvency and Financial Condition Report (SFCR), including public quantitative and qualitative disclosures on Solvency II, on its corporate website in the Investors/Annual Report section. Other documents related to NN Group's...

NN Group has appointed Marcel Zuidam (48) as CEO of Nationale-Nederlanden Bank (NN Bank). He is currently the bank's Chief Transition Officer. On 15 March 2019, Zuidam will succeed Erik Muetstege (58), who will take up the role of Director of Customer & Commerce at Nationale-Nederlanden from the same date. Both are members of Nationale-Nederlanden CEO David Knibbe's management team. Since NN Group's acquisition of Delta Lloyd in 2017, Marcel Zuidam has been a member of NN Bank's Management...

NN Group announces today that Jan Holsboer, chair of the Supervisory Board of NN Group N.V., has decided to step down as of the close of the annual general meeting (AGM) on 29 May 2019. The Supervisory Board has elected David Cole as Jan Holsboer's successor. Jan Holsboer was appointed to the Supervisory Board on 1 March 2014 and was appointed chair on 7 July 2014. In June 2016, he was reappointed as member and chair of the Supervisory Board. David Cole was appointed to the Supervisory Board...

Solvency II ratio 230%, final dividend and share buyback announced 4Q18 operating result of the ongoing business of EUR 343 million, broadly stable versus 4Q17 reflecting improved results at Netherlands Life, Netherlands Non-life, Insurance Europe and Japan Life, offset by lower results at the segment Other and Asset Management Full-year 2018 operating result of the ongoing business of EUR 1,626 million, up 3% from 2017 Net result EUR -533 million in 4Q18 versus EUR 700 million in 4Q17,...

NN Group has received approval from De Nederlandsche Bank (DNB), the Dutch supervisory authority, to expand its Partial Internal Model under Solvency II to include the Delta Lloyd Life and Non-life entities in the Netherlands. Jan-Hendrik Erasmus, Chief Risk Officer of NN Group: 'We are pleased to have received the regulatory approval for this expansion of our Partial Internal Model. This is an important step in the integration of Delta Lloyd into NN Group. It creates a uniform risk measurement...

NN Group today announces that it has reached an agreement with ING Groep to terminate the warrant agreement between the two parties for a consideration of EUR 76 million. This transaction eliminates potential share dilution. NN Group and ING Groep entered into the warrant agreement on 10 June 2014 as part of the Initial Public Offering of NN Group. Under the warrant agreement, ING Groep was granted the right to exercise warrants for 34,965,000 newly issued shares (9.99%) in NN Group against...

Operating result ongoing business EUR 463 million, up 7.4% from 3Q17, reflecting an improved underwriting performance at Netherlands Non-life, higher dividends at Netherlands Life, as well as lower expenses Net result of EUR 788 million, up 7.3% from 3Q17, reflecting the higher operating result and an additional divestment result related to ING Life Korea Further cost reductions of EUR 33 million in 3Q18, bringing total cost reductions achieved to date to EUR 269 million Solvency II ratio...