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ASR Nederland NV (ASRNL.AS)

ASRNL.AS on Amsterdam Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Asr Nederland NV Vvaa Sells Life Insurance Business To A.S.R.
Friday, 19 Jul 2019 

ASR Nederland NV ::VVAA SELLS LIFE INSURANCE BUSINESS TO A.S.R..  Full Article

ASR Nederland To Issue Benchmark Size '30 Non-Call 10 Year' Subordinated Notes
Wednesday, 17 Apr 2019 

April 17 (Reuters) - ASR NEDERLAND NV ::A.S.R. ANNOUNCES INTENTION TO ISSUE A BENCHMARK SIZE '30 NON-CALL 10 YEAR' SUBORDINATED NOTES (TIER 2).NOTES WILL HAVE A FIXED-RATE COUPON (RESETTABLE AFTER 10 YEARS).SECURITIES ARE EXPECTED TO BE RATED BBB- BY S&P (INTERMEDIATE EQUITY CONTENT).A.S.R. HAS MANDATED ABN AMRO, DEUTSCHE BANK, HSBC AND UBS INVESTMENT BANK AS JOINT LEAD MANAGERS TO TRANSACTION.  Full Article

A.s.r. Nederland Acquires Loyalis
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - ASR NEDERLAND NV ::A.S.R. ACQUIRES LOYALIS.ACQUISITION PRICE AMOUNTS TO EUR 450 MILLION AND WILL BE FINANCED BY A.S.R. WITH A SHORT-TERM LOAN.ESTIMATED STANDALONE RUN RATE OF NET OPERATING EARNINGS IS APPROXIMATELY EUR 30 MILLION, BASED ON A.S.R. ACCOUNTING STANDARDS.EXPECTED ORGANIC CAPITAL CREATION WILL CONTRIBUTE CIRCA EUR 35 MILLION IN 2022.LIFE/PENSIONS ACTIVITIES OF LOYALIS ARE EXPECTED TO BE INTEGRATED INTO THOSE OF A.S.R. IN 2020.LOYALIS’ CONTRIBUTION TO THE NET OPERATING RESULT IS EXPECTED TO EXCEED € 40 MILLION IN 2022.THE INITIAL IMPACT OF THE ACQUISITION ON A.S.R.’S SOLVENCY IS EXPECTED TO BE APPROXIMATELY -9%-POINT.CLOSING OF ACQUISITION IS EXPECTED TO TAKE PLACE IN FIRST HALF OF 2019.LOYALIS NAME AND BRAND WILL CONTINUE TO EXIST.  Full Article

ASR Nederland To Change Its Management Structure As Of Feb. 1
Monday, 19 Nov 2018 

Nov 19 (Reuters) - ASR NEDERLAND NV ::AS OF 1 FEBRUARY 2019, A.S.R. WILL CHANGE ITS MANAGEMENT STRUCTURE..FROM THIS DATE, A.S.R.’S EXECUTIVE BOARD WILL CONSIST OF THREE MEMBERS: THE CEO, THE CFO, AND A NEWLY TO BE APPOINTED THIRD MEMBER..IN ADDITION, A BUSINESS EXECUTIVE COMMITTEE (BEC) WILL BE ESTABLISHED WHICH WILL CONSIST OF THE MEMBERS OF THE EXECUTIVE BOARD, THE CHIEF RISK OFFICER (CRO) AND SENIOR MANAGERS.EXISTING CHIEF OPERATING OFFICER (COO) POSITIONS WILL DISAPPEAR AND AS A RESULT KARIN BERGSTEIN AND MICHEL VERWOEST WILL LEAVE A.S.R..  Full Article

ASR Nederland Presents Strategy Update And Medium-Term Targets
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - ASR NEDERLAND NV ::PRESENTS STRATEGY UPDATE AND MEDIUM-TERM TARGETS.MID-TERM TARGETS FOR THE GROUP OF OPERATING RETURN ON EQUITY IN THE RANGE OF 12-14%.MID-TERM TARGETS FOR THE GROUP OF SOLVENCY II RATIO (STANDARD FORMULA) SAFELY ABOVE 160%.MID-TERM TARGET FOR THE GROUP: ORGANIC CAPITAL CREATION AT LEAST € 430 MILLION IN 2021.DIVIDEND PAYOUT RATIO WITHIN 45-55% OF NET OPERATING RESULT.MID-TERM TARGETS FOR THE GROUP OF MAINTAINING ‘SINGLE A’ RATING (S&P) AND A FINANCIAL LEVERAGE BELOW 35%.MID-TERM TARGET BUSINESS: NON-LIFE COMBINED RATIO (EXCLUDING. HEALTH) IN THE RANGE OF 94-96%.MID-TERM TARGET BUSINESS: LIFE OPERATING RESULT TO REMAIN STABLE COMPARED TO 2017 RESULTS (€ 633 MILLION).NON-LIFE GROSS WRITTEN PREMIUMS (EXCLUDING. HEALTH) TO GROW IN THE RANGE OF 3-5% ANNUALLY.MID-TERM TARGET BUSINESS: COMBINED OPERATING RESULT FROM ASSET MANAGEMENT AND DISTRIBUTION & SERVICES TO RISE TO € 40 MILLION AND TO GROW 5% PER ANNUM THEREAFTER.MID -TERM LIFE OPERATING EXPENSES TARGETED IN THE RANGE OF 45-55 BASIS POINTS OF BASIC LIFE PROVISION.STRONG PERFORMANCE IN RECENT YEARS AND THE CONFIDENCE WE HAVE IN OUR STRATEGIC PLANS ARE THE FOUNDATION OF THE AMBITIOUS TARGETS WE HAVE SET FOR THE PERIOD 2019 – 2021 - CEO.SAYS WITH OUR COST SAVINGS, WE ARE WELL ON TRACK TO ACHIEVE OUR TARGET OF € 50 MILLION LOWER OPERATING COSTS.  Full Article

BRIEF-ASR Nederland And Nationale-Nederlanden To Split Up Keerpunt

* A.S.R. AND NATIONALE-NEDERLANDEN TO SPLIT UP JOINT VENTURE KEERPUNT