Report
Cor Kluis

ASR : Pro forma Solvency 2 ratio better, non-life marginally better, OCC in line

>Conclusion: Pro forma Solvency better, non-life marginally better, OCC in line - End 1H24 the pro forma group Solvency 2 ratio was with 196% higher than expected by more benefits from the Knab Aegon bank sale. In 1H24 the non-life combined ratio was marginally better than expected. The H1 OCC capital generation was in line, and it was good that there were no changes at all on their future OCC. A.s.r. is benefitting from the rising NL house prices, and there is a high...
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

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