NN Group

Company Description

NN Group is one of the largest insurance companies in the Netherlands and a major player across Europe and Japan, providing life insurance, pensions, and investment products to millions of customers. The company operates through its well-known Nationale-Nederlanden brand, which has been protecting Dutch families and businesses since 1845. The company's business is organized around four main divisions: Netherlands Life (the largest, providing pensions and life insurance), Netherlands Non-life (property, health, and disability insurance), Insurance Europe (operations in countries like Poland, Spain, and Romania), and Japan Life. NN Group also offers banking services and asset management through NN Investment Partners, managing investments for both institutional clients and retail customers. NN Group has an unusual origin—it was spun off from ING Group in 2014 as a condition of the government bailout ING received during the 2008 financial crisis. European regulators required ING to separate its banking and insurance operations, leading to the creation of NN Group as an independent company. The 'NN' in the name comes from Nationale-Nederlanden, the historic Dutch insurance brand that forms the core of the business. Headquartered in The Hague with approximately 23,000 employees across 10 countries, NN Group has established itself as a leader in sustainable investing, with €14.3 billion invested in climate solutions. The company has been included in the Dow Jones Sustainability World Index for seven consecutive years, ranking among the top 10% of insurers globally for sustainability. Under CEO David Knibbe, the company continues to grow, with operating capital generation increasing 6% in the first half of 2025.