NN Group N.V.
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Publicatie datum
05 nov 2014 - 07:22
Statutaire naam
NN Group N.V.
Titel
NN Group reports strong 3Q14 results
Bericht
Robust capital position and improved operating result
Operating result ongoing business of EUR 274 million, up 16.6% from 3Q13, supported by the expense reduction programme in the Netherlands and lower debt funding costs. Year-to-date operating result ongoing business up 20.6%
Net result improved to EUR 354 million versus a net loss of EUR 652 million in 3Q13, which included a loss on the divestment of ING Life Korea. Year-to-date net result 18.4% lower, reflecting a one-off charge in 1Q14 for making the closed defined benefit pension plan in the Netherlands financially independent
Robust capital position maintained; IGD ratio up at 283% and holding company cash capital stable at EUR 1.2 billion
Year-to-date cost reductions of EUR 108 million achieved in the Netherlands
New sales up 17.2%, at constant currencies, supported by Japan Life and pension renewals in Netherlands Life
Assets under management at Investment Management increased to EUR 180 billion driven by strong market performance
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Datum laatste update: 31 december 2025