February 21, 2018 / 6:07 AM / in 7 months

BRIEF-ASR Nederland FY Operating Income Up At 729 Million Euros

Feb 21 (Reuters) - ASR NEDERLAND NV:

* FY OPERATING INCOME INCREASED 17.2% TO € 729 MILLION (2016: € 622 MILLION)

* 2017 COMBINED RATIO AMOUNTED TO 95.1%

* 2017 NET RESULT INCREASED 37.5% TO € 906 MILLION (2016: € 659 MILLION)

* ‍DIVIDEND PER SHARE OF EUR 1.63, AN INCREASE OF 28.3%​

* SOLVENCY II RATIO (STANDARD FORMULA) AS AT 31 DECEMBER 2017 AMOUNTED TO 203% BEFORE, AND 196% AFTER DIVIDEND.

* ‍ACQUISITION OF GENERALI NEDERLAND WILL MODESTLY CONTRIBUTE TO VALUE CREATION IN 2018​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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