NN Group N.V. history, profile and history video
NN Group N.V. is an international financial services company headquartered in The Hague, Netherlands. It was formed in 1963, when De Nederlanden van 1845, a fire insurance company in Zutphen, and Nationale Levensverzekering-Bank, a life insurance company founded in Rotterdam in 1863, merged into Nationale-Nederlanden (NN).
In 1991, Nationale-Nederlanden merged with NMB Postbank Groep to form a new financial services company: Internationale Nederlanden Group (ING).
During the financial crisis of 2007–2008, ING took a capital injection from the Dutch Government. As part of the support deal, ING Group was mandated by the European Union several changes to ING’s company structure, including splitting off ING Bank, ING Insurance and Investment Management in 2012.
ING Insurance and Investment Management accelerated preparations for a stand-alone future with European and Japanese insurance and investment management operations. (ING Group had already divested its insurance activities in the Americas, Australia, and in most Asian countries by this time.)
On 2 July 2014, NN Group became a listed company with shares on Euronext Amsterdam.
The group offers retirement services, pensions, insurance, investments and banking to retail, SME, large corporate and institutional customers. Its primary brands are Nationale-Nederlanden, NN, Delta Lloyd, NN Investment Partners, ABN AMRO Insurance, Movir, AZL, BeFrank and OHRA.
With more than 15 000 employees in over 18 countries, NN Group N.V. is considered one of the top 2000 largest public companies in the world, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and ”www.nn-group.com”.
**Video published on YouTube by “NN Group“.
