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NN Group NV (NN.AS)

NN.AS on Amsterdam Stock Exchange

37.37EUR
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

NN Group ‍Announces Cost Reduction Target Of Approximately 350 Million Euros By 2020​
Thursday, 30 Nov 2017 01:00am EST 

Nov 30 (Reuters) - NN GROUP NV ::‍COST REDUCTION TARGET OF APPROXIMATELY EUR 350 MILLION BY 2020​.‍TARGET ANNUAL OPERATING RESULT BEFORE TAX OF ONGOING BUSINESS GROWTH RATE ON AVERAGE OF 5-7% IN MEDIUM TERM​.‍EXPECT OVER TIME TO GENERATE FREE CASH FLOW IN A RANGE AROUND NET OPERATING RESULT OF ONGOING BUSINESS​.‍CAPITAL FRAMEWORK AND DIVIDEND POLICY REMAIN UNCHANGED​.‍INTEGRATION OF DELTA LLOYD TO BE COMPLETED BY 2020, WITH LEGAL MERGERS COMPLETED BY 2019​.EXPECT OVER TIME TO GENERATE FREE CASH FLOW IN A RANGE AROUND THE NET OPERATING RESULT OF THE ONGOING BUSINESS‍​.SEES ‍ADMINISTRATIVE EXPENSE BASE FOR UNITS IN SCOPE OF INTEGRATION TO EUR 1,675 MILLION BY END OF 2020​.‍DELTA LLOYD TRANSACTION SHOULD BE LARGELY COMPLETE BY END OF 2018​.  Full Article

NN Group Q3 operating result ongoing business beats Reuters poll
Thursday, 16 Nov 2017 01:00am EST 

Nov 16 (Reuters) - NN GROUP NV ::Q3 OPERATING RESULT ONGOING BUSINESS INCREASED TO EUR 431 MILLION FROM EUR 319 MILLION IN 3Q16‍​.Q3 NET RESULT OF EUR 734 MILLION VERSUS EUR 436 MILLION IN 3Q16.Q3 SOLVENCY II RATIO OF NN GROUP INCREASED TO 204% FROM 196% AT 2Q17.Q3 REUTERS POLL: OPERATING RESULT EUR 394 MILLION; NET RESULT EUR 328 MILLION; SOLVENCY RATIO 202 PCT‍​.  Full Article

NN Bank establishes covered bond programme
Wednesday, 20 Sep 2017 11:56am EDT 

Sept 20 (Reuters) - NN GROUP NV ::NN BANK ESTABLISHES COVERED BOND PROGRAMME.‍NN BANK ANNOUNCED TODAY THAT IT HAS ESTABLISHED A EUR 5 BILLION CONDITIONAL PASS-THROUGH COVERED BOND PROGRAMME​.PROGRAMME HAS RECEIVED REGULATORY APPROVAL FROM DE NEDERLANDSCHE BANK (DNB).  Full Article

NN Group says will repurchase shares for total amount of Euro 78 mln
Monday, 4 Sep 2017 01:06pm EDT 

Sept 4 (Reuters) - NN Group NV ::NN Group NV says will neutralise dilutive effect of stock dividend through repurchase of ordinary shares for a total amount of eur 78 million.  Full Article

NN Group Q2 operating result ongoing business at EUR 404 million euros
Thursday, 17 Aug 2017 01:00am EDT 

Aug 17 (Reuters) - NN GROUP NV : :Q2 SOLVENCY II RATIO OF 196 PERCENT VERSUS 238 PERCENT IN Q1 .H1 SOLVENCY II RATIO OF 196 PERCENT VERSUS 252 PERCENT YEAR AGO.Q2 NET RESULT EUR 240 MILLION VERSUS EUR 335 MILLION YEAR AGO.Q2 OPERATING RESULT ONGOING BUSINESS EUR 404 MILLION VERSUS EUR 346 MILLION IN REUTERS POLL.Q2 NET OPERATING ROE AT 10.7 PERCENT VERSUS 8.6 PERCENT YEAR AGO.Q2 NEW SALES LIFE INSURANCE (APE) EUR 400 MILLION VERSUS EUR 284 MILLION YEAR AGO.WILL PAY A 2017 INTERIM DIVIDEND OF EUR 0.62 PER ORDINARY SHARE.Q2 GROSS PREMIUM INCOME EUR 2.95 BILLION VERSUS EUR 2.02 BILLION YEAR AGO.  Full Article

NN Group says to repurchase shares to neutralise stock dividend
Monday, 19 Jun 2017 01:20pm EDT 

June 19 (Reuters) - Nn Group Nv ::Announces stock fraction for 2016 final dividend and repurchase of shares to neutralise stock dividend.Shareholders representing approximately 41.0% of outstanding number of shares have elected to receive final dividend in ordinary shares.Nn group will neutralise dilutive effect of stock dividend through repurchase of ordinary shares for a total amount of 129 million euros.  Full Article

NN Group and Delta Lloyd execute legal merger
Wednesday, 31 May 2017 01:00am EDT 

May 31 (Reuters) - NN GROUP NV :REG-NN GROUP AND DELTA LLOYD EXECUTE LEGAL MERGER.EXCHANGE RATIO IS 0.1662 NN GROUP SHARE FOR EACH ORDINARY DELTA LLOYD SHARE (EUR 5.40 DIVIDED BY EUR 32.4946).  Full Article

NN Group and Delta Lloyd will execute legal merger
Tuesday, 30 May 2017 12:10pm EDT 

May 30 (Reuters) - DELTA LLOYD NV ::REG-NN GROUP AND DELTA LLOYD WILL EXECUTE LEGAL MERGER.LEGAL MERGER NOTARIAL DEED WILL BE EXECUTED BEFORE OPENING OF MARKETS ON 31 MAY 2017.LEGAL MERGER EFFECTIVE ON 1 JUNE 2017.LAST TRADING DAY OF DELTA LLOYD SHARES ON 31 MAY 2017.EXCHANGE RATIO BASED ON NN GROUP VOLUME-WEIGHTED AVERAGE STOCK PRICE ON 30 MAY 2017.  Full Article

NN Group Q1 operating result ongoing business rises to 406 million euros
Thursday, 18 May 2017 01:00am EDT 

May 18 (Reuters) - NN GROUP NV ::Q1 OPERATING RESULT ONGOING BUSINESS EUR 406 MILLION VERSUS EUR 316 MILLION IN REUTERS POLL.Q1 SOLVENCY II RATIO OF 238 PERCENT VERSUS 239 PERCENT IN REUTERS POLL.Q1 NET RESULT EUR 435 MILLION VERSUS EUR 270 MILLION YEAR AGO.Q1 GROSS PREMIUM INCOME (ONGOING BUSINESS) EUR 3.40 BILLION VERSUS EUR 3.28 BILLION YEAR AGO.Q1 NEW SALES LIFE INSURANCE (APE) EUR 620 MILLION VERSUS EUR 478 MILLION YEAR AGO.COST SAVINGS IN THE NETHERLANDS OF EUR 14 MILLION IN THE FIRST QUARTER OF 2017 BRINGING THE EXPENSE BASE DOWN TO EUR 748 MILLION.PRO-FORMA SOLVENCY II RATIO OF NN GROUP INCLUDING DELTA LLOYD IS ESTIMATED AT APPROXIMATELY 180% AT END OF Q1.  Full Article

Delta Lloyd Q1 solvency standard formula ratio stable at 144 pct within target range
Thursday, 18 May 2017 01:00am EDT 

May 18 (Reuters) - DELTA LLOYD NV ::Q1 SOLVENCY STANDARD FORMULA RATIO STABLE AT 144% WITHIN TARGET RANGE (YEAR-END 2016: 143%).Q1 GROSS WRITTEN PREMIUMS (GWP) IN GENERAL INSURANCE DECREASED TO EUR 447 MILLION (3M 2016: EUR 465 MILLION).Q1 COMBINED RATIO OF 97.9 PERCENT VERSUS 97.0 PERCENT YEAR AGO.AT END Q1 TOTAL ASSETS UNDER MANAGEMENT WERE DOWN MODESTLY AT EUR 69 BILLION (YEAR-END 2016: EUR 71 BILLION),.Q1 VOLUME OF LIFE NEW BUSINESS (SII NAPI) DECREASED TO € 119 MILLION (3M 2016: € 132 MILLION),.FROM THE SECOND QUARTER 2017, OUR RESULTS WILL BE REPORTED AS PART OF NN GROUP.  Full Article

BRIEF-NN Group N.V. Reports 10.90 Pct Passive Stake In Surgery Partners As Of Nov 30

* NN GROUP N.V. REPORTS 10.90 PCT PASSIVE STAKE IN SURGERY PARTNERS INC AS OF NOV 30 - SEC FILING Source text (http://bit.ly/2AAHTc1) Further company coverage: