Report
Cor Kluis

NN Group : OCG targets 2023 unchanged, more growth after that, 2022 capital returns

>Conclusion: 2023 OCG targets unchanged, after that more growth - NN Group organised a virtual investor event on the long term growth of the Group, the Dutch life and the international insurance business. It kept its organic capital generation (OCG) targets for 2023 unchanged. However it did show that after 2023 the OCG will grow further including Dutch life. Also the OCG target 2023 for international insurance look somewhat conservative, but we understand that these ...
Underlying
NN Group N.V.

NN Group is a financial services company based in the Netherlands. Co. engages in insurance and investment management activities, providing life and non-life insurance products primarily in the Netherlands, Belgium, rest of Europe, and Asia. Co. offers group and individual life insurance; and motor, transport, fire, liability, travel, and income insurance. Co. also offers retirement, insurance, investments, and banking services to retail, SME, corporate, and institutional customers. Co. is active in 18 countries, with a presence predominantly in a number of European countries and Japan.

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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