NN Group is a Dutch financial services corporation tracing its roots to Nationale-Nederlanden in the 19th century. Formed as a spin-off from ING Group in 2014, it has grown through mergers, acquisitions, and global expansion, becoming a major insurance and asset management firm listed on Euronext Amsterdam.
De Nederlanden van 1845, a life insurance company, is established in The Hague, providing the earliest roots of NN Group. #insurance #history
Nationale Levensverzekering-Bank is founded in Rotterdam, later merging with other entities to form Nationale-Nederlanden. #insurance #history
Nationale Levensverzekering-Bank and De Nederlanden van 1845 merge to form Nationale-Nederlanden, a major Dutch insurer. #merger #insurance
NMB Postbank Group merges with Nationale-Nederlanden to form ING Group, a global financial conglomerate. #merger #banking
ING Group acquires Barings Bank after its collapse due to rogue trader Nick Leeson, expanding investment banking. #acquisition #finance
ING expands in the US by acquiring ReliaStar and Aetna Financial Services for $8.1 billion. #expansion #insurance
ING sells ING Direct Canada to Bank of Nova Scotia, part of restructuring. #divestiture #banking
During the financial crisis, ING Group receives a €10 billion capital injection from the Dutch government. #crisis #bailout
ING decides to split its insurance and banking operations to meet EU state aid rules, leading to NN Group. #restructuring #insurance
NN Group shares begin trading on Euronext Amsterdam under ticker NN, as it spins off from ING. #IPO #stockmarket
NN Group purchases ING's international insurance operations, including assets in Asia and Europe. #acquisition #global
NN acquires a life insurance portfolio from Delta Lloyd, strengthening Dutch market presence. #acquisition #insurance
NN Group sells remaining stake in Voya Financial, completing the US divestment. #divestiture #finance
NN Group purchases the pension administration business of Nationale-Nederlanden. #pensions #acquisition
NN Group completes €2.5 billion acquisition of Delta Lloyd, becoming a leading Dutch insurer. #acquisition #insurance
NN Group sells its Japanese life insurance business to Dai-ichi Life Holdings. #divestiture #asia
NN expands in Central Europe by acquiring MetLife's Hungarian operations. #acquisition #europe
NN Group returns €1.5 billion to shareholders through share buybacks. #finance #shareholder
NN Group suspends dividend payments amid coronavirus pandemic uncertainty. #crisis #pandemic
NN boosts its asset management in Hungary acquiring Aegon's local division. #acquisition #assetmanagement
NN Group rebrands its asset management arm to NN Investment Partners. #rebranding #assetmanagement
NN sells its Polish life insurance unit to Vienna Insurance Group. #divestiture #europe
NN expands pension services by acquiring Achmea's pension administration. #acquisition #pensions
NN exits Slovakian market, selling life insurance business to Kooperativa. #divestiture #europe
NN Group partners with BlackRock for asset management solutions. #partnership #assetmanagement
NN strengthens Benelux presence acquiring AXA Belgium's life insurance portfolio. #acquisition #insurance
NN Group announces a €1 billion share repurchase program to return capital. #finance #shareholder
NN Group posts net profit of €2.1 billion for 2023, driven by non-life insurance. #earnings #finance
NN Group buys a €1.5 billion mortgage portfolio from a Dutch bank. #acquisition #mortgage
David Knibbe steps down as CEO; succeeded by former CFO. #leadership #ceo