NN Group reports 3Q19 results
(WorldNews Europe)

NN Group reports 3Q19 results Operating result of EUR 453 million versus EUR 463 million in 3Q18, mainly due to lower private equity and special dividends at Netherlands Life and a lower result at the reinsurance business, largely offset by higher results at Netherlands Non-life, Insurance Europe, Japan Life and Banking Net result of EUR 515 million compared with EUR 788 million in 3Q18, mainly reflecting lower non-operating items Further cost reductions of EUR 17 million in 3Q19, bringing total cost reductions achieved to date to EUR 323 million versus the full-year 2016 administrative expense base Solvency II ratio of 217% up from 210% at the end of 2Q19, reflecting the positive impact of...