NN Group : Woekerpolis case lost in Dutch court, recommendation and TP reduced
>Woekerpolis case lost in Dutch court, recommendation and TP reduced - Yesterday evening it became clear that NN Group has lost the lawsuit which Woekerpolis.nl started against them, whereby Woekerpolis.nl argued that clients were not informed well enough on the first expenses charged on until linked life insurance policies sold in the past. NN Group was surprised with the judgement, and disagrees with this, and will file an appeal in cassation with the Dutch Supreme ...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.
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.
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