Q2 2019 NN Group NV Earnings Presentation (Pre-Recorded) Transcript

Aug 15, 2019 / NTS GMT

Release Date Price: $33.96

Transcript

Delfin Rueda Arroyo

NN Group N.V. - Vice Chairman of Executive Board & CFO

Hello, everyone. Following our announcement this week of David Knibbe's intended appointment as CEO of NN Group, it is my pleasure as CFO to reflect on our company's second quarter results.

Our capital position remained strong. We continue to improve our performance in Netherlands Non-life, while Insurance Europe and Japan Life also showed higher results. On the other hand, this quarter, we also saw lower private equity dividends at Netherlands Life and higher claims in our reinsurance business.

An important highlight from this quarter is the announced agreement to acquire VIVAT Non-life in the Netherlands. This transaction is expected to be completed sometime in the first quarter of next year. Also, we continue to develop new products that

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