NN Group

Error creating thumbnail:

NN Group is a Dutch multinational insurance and asset management company headquartered in The Hague, Netherlands. The company provides a range of financial services including life insurance, pensions, retirement services, investment management, and banking products. NN Group operates in more than 18 countries, primarily in Europe and Japan.

History

NN Group traces its origins back to 1845 with the establishment of the De Nederlanden van 1845 in Rotterdam. Over the years, the company expanded through various mergers and acquisitions. In 1963, De Nederlanden van 1845 merged with the Nationale Levensverzekering-Bank to form Nationale-Nederlanden. In 1991, Nationale-Nederlanden merged with NMB Postbank Group to create ING Group.

In 2013, ING Group decided to separate its insurance and investment management operations, leading to the creation of NN Group. NN Group was officially listed on the Euronext Amsterdam stock exchange in 2014.

Operations

NN Group operates through several business segments:

• Insurance Europe: Provides life and non-life insurance products in various European countries.
• Japan Life: Offers life insurance products in Japan.
• Netherlands Life: Focuses on life insurance and pension products in the Netherlands.
• Netherlands Non-life: Provides non-life insurance products in the Netherlands.
• Asset Management: Manages investments for institutional and retail clients globally.
• Banking: Offers banking products and services in the Netherlands.

Corporate Structure

NN Group is organized into several subsidiaries and business units, each focusing on specific markets and products. Some of the key subsidiaries include:

• Nationale-Nederlanden
• NN Investment Partners
• NN Bank
• NN Life Japan

Corporate Social Responsibility

NN Group is committed to corporate social responsibility (CSR) and sustainability. The company focuses on responsible investing, reducing its environmental footprint, and contributing to the communities in which it operates. NN Group is a signatory of the United Nations Principles for Responsible Investment (UN PRI) and adheres to various international standards and guidelines.

See Also

• ING Group
• Insurance
• Asset management
• Pension
• Banking