NN Group
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About NN Group
NN Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life, Netherlands nonlife, insurance Europe, and Japan life. The Netherlands life business is the biggest division and tends to generate around three-fourths of operating income. That business sells traditional spread-based long-term savings and more modern defined-contribution savings products. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined-contribution products are managed by Goldman Sachs. Since around 2013, NN has closed its domestic individual life insurance to new business.
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