OverviewSuggest Edit

NN Group is a provider of insurance and investment management services, such as retirement planning, pension plans, life and non-life insurance products. It offers investment consulting, along with retail financial products and services, including mortgages and savings delivered globally to an array of customers, ranging from individuals and small and medium-sized companies to large corporate and institutional investors.
TypePublic
Founded1845
HQDen Haag, NL
Websitenn-group.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2020)15,118
Job Openings175
Revenue (FY, 2020)€19.1 B(-2%)
Share Price (Sept 2021)€44.4(+2%)
Cybersecurity ratingAMore
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Key People/Management at NN Group

David Knibbe

David Knibbe

CEO, Chair
Delfin Rueda

Delfin Rueda

CFO
Tjeerd Bosklopper

Tjeerd Bosklopper

CEO Netherlands Non-life, Banking & Technology
Fabian Rupprecht

Fabian Rupprecht

CEO International Insurance
Dailah Nihot

Dailah Nihot

Chief Organisation & Corporate Relations
Janet Stuijt

Janet Stuijt

General Counsel
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NN Group Office Locations

NN Group has offices in Den Haag, Brussel, Sofia, Paris and in 8 other locations
Den Haag, NL (HQ)
65 Schenkkade
Den Haag, NL
Pr. Beatrixlaan 35
Brussel, BE
Fonsnylaan 38
Sofia, BG
49B, Bulgaria blvd.
Paris, FR
52-56, rue de la Victoire
Kallithea, GR
198, Syggrou Avenue
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NN Group Financials and Metrics

NN Group Revenue

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View revenue for all periods
NN Group's revenue was reported to be €19.1 b in FY, 2020 which is a 2.5% decrease from the previous period.
EUR

Revenue (H1, 2021)

11.2b

Gross profit (H1, 2021)

3.2b

Gross profit margin (H1, 2021), %

28.2%

Net income (H1, 2021)

1.4b

Market capitalization (22-Sept-2021)

13.8b

Closing stock price (22-Sept-2021)

44.4

Cash (30-Jun-2021)

7.1b

EV

10.7b
NN Group's current market capitalization is €13.8 b.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

19.2b19.6b19.1b

Revenue growth, %

2%(3%)

Cost of goods sold

14.3b15.0b14.5b

Gross profit

4.9b4.6b4.6b
Half Year
EURH1, 2019H1, 2020H1, 2021

Revenue

10.3b10.2b11.2b

Cost of goods sold

7.9b8.3b8.0b

Gross profit

2.4b1.9b3.2b

Gross profit Margin, %

23%19%28%
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

8.9b6.4b12.4b

Accounts Receivable

58.9b61.8b65.4b

PP&E

151.0m465.0m448.0m

Goodwill

532.0m539.0m533.0m
Half Year
EURH1, 2019H1, 2020H1, 2021

Cash

11.1b12.4b7.1b

Accounts Receivable

60.9b64.6b65.9b

PP&E

399.0m471.0m430.0m

Goodwill

530.0m536.0m531.0m
Annual
EURFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

195.0m146.0m157.0m

Accounts Payable

331.0m464.0m522.0m

Cash From Operating Activities

(2.5b)2.8b7.0b

Purchases of PP&E

(40.0m)(144.0m)(51.0m)
Half Year
EURH1, 2019H1, 2020H1, 2021

Depreciation and Amortization

71.0m80.0m71.0m

Accounts Payable

468.0m449.0m326.0m

Cash From Operating Activities

2.9b5.0b(1.5b)

Purchases of PP&E

(30.0m)(28.0m)(20.0m)
EURFY, 2018

Revenue/Employee

1.3m

Debt/Equity

0.2 x

Financial Leverage

9 x
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NN Group Operating Metrics

NN Group's Assets Under Management was reported to be €300b in FY, 2020. NN Group's Customers was reported to be 18 m in FY, 2020.
Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019H1, 2020FY, 2020

Assets Under Management

€240 b€240 b€238 b€246 b€260 b€268 b€287 b€276 b€285 b€300 b

Countries

18181818181818181820

Customers

17 m17 m17 m17 m17 m17 m17 m18 m18 m18 m
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NN Group Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

NN Group Online and Social Media Presence

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NN Group News and Updates

NN Group sells asset management to Goldman Sachs

Major South Korean credit card issuer Samsung Card Co. said Thursday it has decided to sell its entire 19.9 percent stake in Renault Samsung Motors Corp.

Goldman and DWS prepare bids for NN Investment Partners

Goldman Sachs Asset Management and Germany’s DWS are preparing bids for NN Group’s investment management arm as consolidation in the industry gathers pace

NN Group announces agreement to acquire a majority stake in Dutch insurance broker Heinenoord

Today, NN Group (NN) announces it has reached an agreement with Qmulus Invest B.V. and AS Holding B.V. to acquire a 70% stake in insurance broker and service provider Heinenoord, for a total consideration of EUR 176 million. In addition, NN will refinance the outstanding debt granted to Heinenoord f…

NN Group and North Sea Jazz extend successful partnership for three years

North Sea Jazz and NN Group will continue to work together in the coming years. Since the 2018 edition, NN has been the title sponsor of the festival, which bears the name NN North Sea Jazz Festival. The partnership has been extended for three years.

NN Group to acquire MetLife’s business activities in Poland and Greece

NN Group today announces that it has agreed to acquire MetLife’s business activities in Poland and Greece, for a total consideration of EUR 584 million. The acquisition will further bolster NN’s leading market positions, strengthening its position in life and pensions in Poland, while creating the m…

NN Group has made an offer to acquire part of MetLife’s businesses in Europe

NN Group today announces that it has agreed to acquire MetLife’s business activities in Poland and Greece, for a total consideration of EUR 584 million. The acquisition will further bolster NN’s leading market positions, strengthening its position in life and pensions in Poland, while creating the m…
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NN Group Frequently Asked Questions

  • When was NN Group founded?

    NN Group was founded in 1845.

  • Who are NN Group key executives?

    NN Group's key executives are David Knibbe, Delfin Rueda and Tjeerd Bosklopper.

  • How many employees does NN Group have?

    NN Group has 15,118 employees.

  • What is NN Group revenue?

    Latest NN Group annual revenue is €19.1 b.

  • What is NN Group revenue per employee?

    Latest NN Group revenue per employee is €1.3 m.

  • Who are NN Group competitors?

    Competitors of NN Group include Sustainalytics, Achmea and Aegon.

  • Where is NN Group headquarters?

    NN Group headquarters is located at 65 Schenkkade, Den Haag.

  • Where are NN Group offices?

    NN Group has offices in Den Haag, Brussel, Sofia, Paris and in 8 other locations.

  • How many offices does NN Group have?

    NN Group has 14 offices.