Dutch insurance market News

Dutch Government Plans to Float ASR, Former Fortis Insurance Unit

The Dutch government plans to float ASR Nederland, a former insurance arm of the Belgian financial group Fortis, next year rather than try to find a buyer for the business. ASR, a life and property insurer, reported a book value …

Delta Lloyd Plans to Raise $1.06 Billion in Rights Offer to Improve Capital Position

Delta Lloyd NV plans to raise as much as 1 billion euros ($1.06 billion) in a rights offer as the Dutch insurer seeks to improve its capital to meet new regulatory standards. The shares dropped. “We realize this is a …

Dutch Insurer NN Eyes Growth Through Acquisitions

NN Group NV, the Dutch insurer and asset manager spun out of ING Groep NV, is ready to expand and will consider acquisitions amid speculation that it could seek to acquire Delta Lloyd NV. Delta Lloyd’s shares soared. “If we …

Market Responds to Suggestions that NN Group Acquire Delta Lloyd

Delta Lloyd NV, the Dutch insurer under pressure to bolster capital, climbed as much as 6.6 percent after Rabobank pitched the idea of a purchase by NN Group NV. “There is a scenario possible by which NN Group would acquire …

Delta Lloyd Drops Plan to Sell Belgian Bank Unit

Dutch insurer Delta Lloyd NV abandoned plans to sell its Belgian bank, saying talks with a would-be buyer fell through on terms including the price. The bank, which is profitable, will now stay part of Delta Lloyd and remain a …