NN Group NV (NN Group NV) Combined Ratio % : 0.00% (As of . 20)

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What is NN Group NV Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

The historical rank and industry rank for NN Group NV's Combined Ratio % or its related term are showing as below:

NNGPF's Combined Ratio % is not ranked ^*
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

NN Group NV Combined Ratio % Historical Data

The historical data trend for NN Group NV's Combined Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NN Group NV Combined Ratio % Chart

NN Group NV (OTCPK:NNGPF) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %

( Incurred Losses

Expenses )

Earned Premium

100%

NN Group NV (OTCPK:NNGPF) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.

NN Group NV Combined Ratio % Related Terms

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NN Group NV (NN Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NN Group NV (OTCPK:NNGPF) » Definitions » Combined Ratio %

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Traded in Other Exchanges

NNGRY:USA NN:Netherlands NNa:UK 0QVV:UK 2NN:Germany NN:Austria

Address

Schenkkade 65, The Hague, ZH, NLD, 2595 AS

Website

https://www.nn-group.com

Nationale Nederlanden Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life; Netherlands nonlife; insurance Europe; and Japan life. The Netherlands life business is the biggest division of the company and tends to generate around three quarters of operating income. That business sells traditional spread-based long-term savings and the new style-defined contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined contribution products are managed by Goldman Sachs. Since around 2013, NN has managed its individual life insurance business as being closed to new business.