July 28, 2016 10:31 PM ET


Company Overview of NN Group N.V.

Company Overview

NN Group N.V., an insurance and investment management company, primarily provides life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Investment Management, and Other segments. It offers a range of individual life and group life insurance products, as well as personal protection and pension products; and non-life insurance products, such as motor vehicles, transport, fire, income protection, disability, and accident and liability insurance products, as well as health insurance products. The company also provides retirement products and services; various managed investment products a...

Schenkkade 65

The Hague,  1081 KL


Founded in 2011

11,561 Employees


31 20 541 5411

Key Executives for NN Group N.V.

Chairman of Executive Board and Chief Executive Officer
Age: 54
Total Annual Compensation: €1.4M
Vice Chairman of Executive Board and Chief Financial Officer
Age: 52
Total Annual Compensation: €1.2M
Compensation as of Fiscal Year 2015.

NN Group N.V. Key Developments

NN Group Announces Executive Changes

NN Group announced that Jan-Hendrik Erasmus will be appointed Chief Risk Officer (CRO). He joins NN Group as Member of the Management Board as of 1 September 2016. Jan-Hendrik will succeed Doug Caldwell, who will leave NN Group later this year to pursue his career outside of the company. Jan-Hendrik Erasmus (1980, South African and British nationality) is Partner at Oliver Wyman`s Financial Services business, Head of the UK Insurance Practice and a member of the European Leadership Team. Jan-Hendrik joined Oliver Wyman in 2009. His consulting work has predominantly focused on risk, capital and asset-liability management for UK and European insurers. He has more than 13 years financial services experience across insurance, risk and investment management in the UK and internationally. Jan-Hendrik Erasmus will be responsible for NN Group`s overall risk framework and will directly steer the risk management departments as of 1 October 2016. In this role he will report to Lard Friese, CEO of NN Group.

NN Group N.V., Q1 2016 Earnings Call, May 26, 2016

NN Group N.V., Q1 2016 Earnings Call, May 26, 2016

NN Group Reports Earnings Results for the First Quarter of 2016

NN Group reported earnings results for the first quarter of 2016. For the quarter, the company reported operating result ongoing business of EUR 305 million, stable on first quarter of 2015, as higher dividends at Netherlands Life and improved results at NN Bank were offset by lower results at Netherlands Non-life, Insurance Europe and Asset Management. Net result was EUR 270 million, down from EUR 485 million in first quarter of 2015, which included a capital gain on an equity investment while first quarter 2016 reflects a negative result for Japan Closed Block VA due to higher market volatility. Net operating ROE was 8.6% compared to 8.7% a year ago.

Similar Private Companies By Industry

Company Name Region
Aevitae BV Europe
Aevitae Group B.V. Europe
ANV Holdings BV Europe
Assurantiebedrijf Hoofdstad B.V. Europe
Autotrust Europe BV Europe

Recent Private Companies Transactions

May 26, 2016
January 5, 2016
December 18, 2015
Parcom Capital

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact NN Group N.V., please visit www.nn.eu. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.