Report
Cor Kluis

ASR : Positive CMD, Woekerpolis settled, 13% FCF yield and 9.5% cash return

>Conclusion: Positive CMD, Woekerpolis settled, 13% FCF yield and 9.5% cash return - The CMD and the Woekerpolis settlement make us more positive on a.s.r. and we believe that there is a high likelihood that the Woekerpolis settlement will be accepted by the policyholder. The settlement does not only have risk reduction direct benefit but there are also many indirect benefits for a.s.r. The Aegon NL integration in full progress and about 70-80% will be done by end of ...
Underlying
ASR Nederland NV

ASR Nederland NV is a multiline insurance company based in the Netherlands. The Company operates through six segments: Non-Life, comprising non-life insurances, including motor vehicle, fire, travel and leisure, transport, liability, agricultural, construction motorized vehicles and construction all risk and assistance insurance products, among others; Life, offering insurance policies that involve asset-building, asset protection, term life insurance and funeral expenses for consumers and business owners; Banking and Asset Management, providing banking activities and activities related to asset management, including investment property management; Distribution and Services, including the distribution of insurance contracts and intermediary services; Holding and Other, providing primarily holding activities of the Company, as well as Real Estate Development, specialized in the development of real estate properties. The Company operates in the Netherlands and internationally.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Cor Kluis

ResearchPool Subscriptions

Get the most out of your insights

Get in touch