Added to YB: 2025-09-11
Pitch date: 2025-09-09
NN.AS [neutral]
NN Group N.V.
+9.86%
current return
Author Info
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Company Info
NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally.
Market Cap
EUR 15.4B
Pitch Price
EUR 58.40
Price Target
N/A
Dividend
5.92%
EV/EBITDA
3.55
P/E
12.33
EV/Sales
1.45
Sector
Insurance
Category
dividend
NN Group (NN Netherlands): excess capital building again, setting the stage for bigger buybacks
NN.AS (quick overview): Dutch insurer's solvency ratio improved via longevity reinsurance deal, mgmt raised operating capital generation outlook. Excess capital rebuilding sets up higher shareholder returns. Disciplined on pension buyouts vs peers, maintaining powder for opportunities like potential Ethias. Target ~70% of op cap gen as total return by Feb.
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