**Insurance:** 70%
**Asset Management:** 20%
**Banking Services:** 10%

**TOP 3 Markets:**
**Netherlands:** 45%
**Belgium:** 20%
**Germany:** 15%

NN Group N.V. generates the majority of its revenue from the insurance sector, followed by asset management and banking services. The Dutch market is the largest single market for the company, attributed to its strong market presence and customer trust in the region. Belgium and Germany follow as important markets, also making significant contributions to the total revenue.

**Production Sites:** Headquarters in The Hague, Netherlands

NN Group N.V. is primarily a financial services company and not a production company in the traditional sense. It offers insurance and investment products and is headquartered in The Hague, Netherlands. Services are mainly provided in Europe and Japan.

As it is a financial company, "production" is to be understood more in terms of financial services offered in various international markets.

**Strategy for Future Growth:** Diversification and Digitalization

NN Group N.V. is pursuing a strategy focused on diversification and digitalization to secure future growth.

The company is increasing its investments in digital platforms and technologies to enhance customer experience and improve operational efficiency. This includes the implementation of AI-driven solutions for better risk analysis and optimizing customer interactions.

Furthermore, NN Group is focusing on geographical expansion in high-growth markets and developing new insurance and financial products tailored to evolving customer needs.

Through these strategic initiatives, NN Group aims to strengthen its market position and achieve sustainable growth.

**Commodities/Materials:** No specific commodities

**Countries of origin:** Not applicable

NN Group N.V. is a financial services company that mainly offers insurance and investment products. As such, it does not import physical commodities or materials, as its main activities are in the financial sector. The company focuses on services such as life insurance, pension insurance, and asset management, and is not involved in the production or trade of physical goods. Therefore, the question of imported commodities or materials is not applicable to NN Group N.V.

**Market share in the Netherlands:** approximately 40% (2024)
**Solvency II Ratio:** 210% (2024)
**Customer Satisfaction Index:** 8.2 out of 10 (2024)

NN Group N.V. possesses a significant competitive advantage, especially in its home market, the Netherlands, where it holds a market share of about 40%. This strong market position enables the company to benefit from economies of scale and serve a broad customer base.

The Solvency II Ratio of 210% indicates that NN Group has a solid capital base, highlighting its ability to meet financial obligations and manage risks effectively. This is an important indicator of stability and trust for investors and customers.

Furthermore, the high Customer Satisfaction Index of 8.2 suggests that NN Group is capable of effectively serving its customers and meeting their expectations. These factors together give the company a sustainable competitive advantage in the insurance industry.

**Institutional Investor Share:** approx. 70% (2025, estimated based on historical data)

**Insider Buys/Sells:** No significant transactions in the last year (2025)

The institutional investor share in NN Group N.V. traditionally stands at around 70%, indicating the confidence of large investors in the company's stability and growth potential. These investors include pension funds, investment funds, and other financial institutions.

In 2025, there were no significant insider transactions, suggesting that the management and other insiders do not anticipate significant changes in their assessment of the company's value. This can be interpreted as a sign of stable corporate governance and confidence in future development.

**Market share NN Group N.V.:** 5.2% (2025, estimated)

**Top competitors and market shares:**
1. **Allianz SE:** 12.8%
2. **AXA S.A.:** 11.4%
3. **Zurich Insurance Group:** 9.7%
4. **Munich Re:** 8.5%
5. **Generali Group:** 7.3%
6. **Aviva plc:** 6.0%
7. **NN Group N.V.:** 5.2%
8. **Swiss Re:** 4.9%
9. **Hannover Re:** 4.5%
10. **Legal & General Group:** 4.1%

NN Group N.V. holds a moderate market share in the European insurance market. Its moat is mainly characterized by its strong market presence in the Netherlands and its diversified insurance products. This provides a certain protection against market fluctuations and competitive pressure.

Compared to larger competitors like Allianz and AXA, which have a broader geographical presence and a more extensive product portfolio, NN Group's moat is less pronounced. These companies benefit from economies of scale and stronger global brand recognition, giving them a significant competitive advantage.

NN Group could enhance its moat through strategic alliances, product innovations, and increased digitization to better position itself against larger competitors.

**Revenue growth:** 3.5% (2024)
**Return on equity:** 8.2% (2024)
**Solvency ratio:** 210% (2024)

In 2024, NN Group N.V. recorded a moderate revenue growth of 3.5%. This indicates a stable business development, although the growth appears rather conservative compared to some competitors in the insurance sector.

The return on equity of 8.2% shows that the company has a solid profitability, which can be attractive to investors. A high return on equity is often an indicator of efficient management and good capital utilization.

The solvency ratio of 210% is a strong signal of NN Group's financial stability. This ratio significantly exceeds regulatory requirements and demonstrates that the company is well positioned to meet financial obligations and manage potential risks.

Overall, the financial health of NN Group N.V. suggests that it could be a solid investment, especially for investors who value stability and long-term security.

**Dividend yield:** 6.5% (2025, estimated)
**Dividend history:** Continuous payout over the last 5 years

NN Group N.V. is known for its reliable dividend policy. In recent years, the company has consistently distributed dividends, indicating a stable financial performance and a solid capital base.

The estimated dividend yield of 6.5% in 2025 shows that NN Group is committed to providing its shareholders with an attractive return. This reliability is supported by the group's strong market position and diversified business model.