Q4 2018 NN Group NV Earnings Presentation (Pre-Recorded) Transcript

Feb 14, 2019 / NTS GMT
Presentation (Pre-Recorded)
Feb 14, 2019 / NTS GMT

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Corporate Participants
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* E. Friese
NN Group N.V. - Chairman of Executive Board & CEO

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E. Friese - NN Group N.V. - Chairman of Executive Board & CEO

Hello, everybody. 2018 was a good year for our company. We further strengthened our market position and reached a number of important milestones in the integration process of our NN and Delta Lloyd businesses.

Our operating result this year is up, driven by improved performance at the Dutch Life and Non-life businesses and Insurance Europe. While at the same time, Japan Life, our asset manager and the reinsurance business faced some headwinds.

We maintained a strong balance sheet and Solvency 2 ratio in the fourth quarter. We proposed a final dividend of EUR 1.24 for ordinary share, bringing the full year 2018 dividend to EUR 1.90 per ordinary share, and that is an increase of more than 14% compared with 2017. And we have announced a EUR 500 million share buyback program

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