Business Segments NN Group N.V.

Equities

NN

NL0010773842

Life & Health Insurance

Market Closed - Euronext Amsterdam Other stock markets 09:25:00 05/06/2026 pm IST			5-day change	1st Jan Change
71.32 ^EUR	+0.17%		-0.50%	+8.49%

26/05	Berenberg Lifts NN Group Price Target Amid Robust Cash Generation, Rising Return on Equity	MT
21/05	NN Group N.V. - Shareholder/Analyst Call

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
Life Insurance
Netherlands Life	845.7Cr	610.2Cr	986.4Cr	1.04TCr	774.6Cr
Total Assets	16TCr	13TCr	13TCr	13TCr	13TCr
Interest Expense	-22Cr	-29Cr	-37Cr	-39Cr	-33Cr
Income Tax Expense	43Cr	-2.6Cr	17Cr	8.3Cr	12Cr
EBT	291.5Cr	12Cr	82Cr	78Cr	73Cr
Operating Income	99Cr	100Cr	139Cr	136.8Cr	178.7Cr
Net Income	248.8Cr	14Cr	66Cr	70Cr	62Cr
Insurance Europe	379.2Cr	387.2Cr	331.8Cr	349.5Cr	384.8Cr
Total Assets	3.08TCr	2.7TCr	2.7TCr	2.77TCr	2.9TCr
Interest Expense	-2.1Cr	-1.3Cr	-1.9Cr	-2.1Cr	-1.9Cr
Income Tax Expense	8Cr	5.5Cr	3.8Cr	13Cr	12Cr
EBT	40Cr	20Cr	20Cr	60Cr	55Cr
Operating Income	32Cr	31Cr	47Cr	56Cr	64Cr
Net Income	32Cr	15Cr	16Cr	47Cr	43Cr
Japan Life	359.3Cr	319.7Cr	70Cr	67Cr	66Cr
Total Assets	2.15TCr	1.92TCr	1.56TCr	1.38TCr	1.07TCr
Interest Expense	-40L	-30L	-10L	-1.1Cr	-1.1Cr
Income Tax Expense	7.4Cr	5.3Cr	3.2Cr	4Cr	2.8Cr
EBT	26Cr	19Cr	13Cr	15Cr	12Cr
Operating Income	26Cr	22Cr	20Cr	20Cr	17Cr
Net Income	19Cr	14Cr	9.7Cr	11Cr	9.6Cr
Other	2Cr	-30L	15Cr	16Cr	14Cr
Total Assets	5.3TCr	3.3TCr	3.27TCr	3.19TCr	3.02TCr
Interest Expense	4.2Cr	2.7Cr	4.6Cr	5Cr	2.5Cr
Income Tax Expense	-1.1Cr	-7.1Cr	-3Cr	-6.7Cr	-4.7Cr
EBT	-18Cr	-26Cr	-15Cr	-18Cr	-36Cr
Operating Income	-16Cr	-17Cr	-12Cr	-11Cr	-10Cr
Net Income	-4.5Cr	90Cr	-12Cr	-11Cr	-31Cr
Japan Closed Block VA	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Casualty
Netherlands Non-Life	401.1Cr	392.3Cr	401.7Cr	420.8Cr	438.8Cr
Total Assets	1TCr	974.3Cr	867.2Cr	878.1Cr	890.8Cr
Interest Expense	-1.9Cr	-2.9Cr	-3.6Cr	-3.9Cr	-3.1Cr
Income Tax Expense	7.1Cr	4.7Cr	9.1Cr	9.9Cr	6.9Cr
EBT	34Cr	21Cr	34Cr	40Cr	35Cr
Operating Income	31Cr	26Cr	36Cr	36Cr	39Cr
Net Income	25Cr	16Cr	24Cr	28Cr	27Cr
Diversified Commercial Banks
Banking	61Cr	61Cr	106.8Cr	129Cr	117.6Cr
Total Assets	2.42TCr	2.4TCr	2.5TCr	2.53TCr	2.56TCr
Interest Expense	-30Cr	-30Cr	-65Cr	-90Cr	-84Cr
Income Tax Expense	2.5Cr	2.7Cr	5.1Cr	4.6Cr	2.9Cr
EBT	11Cr	10Cr	20Cr	18Cr	11Cr
Operating Income	13Cr	9.7Cr	23Cr	19Cr	12Cr
Net Income	8.2Cr	7.8Cr	15Cr	13Cr	8.4Cr
Other and Eliminations	-	-	-	-	-
Interest Expense	-	-	-	-	-
Total Assets	-4.66TCr	-2.99TCr	-3.04TCr	-2.97TCr	-2.72TCr
Investment Funds
Asset Management	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
The Netherlands	1.36TCr	1.02TCr	1.51TCr	1.6TCr	1.34TCr
Total Assets	20TCr	17TCr	17TCr	17TCr	-
Income Tax Expense	46Cr	-9.5Cr	30Cr	15Cr	-
EBT	287.5Cr	80L	127.7Cr	115.6Cr	83Cr
Poland	48Cr	58Cr	77Cr	66Cr	94Cr
Total Assets	223Cr	319.8Cr	346.1Cr	348.4Cr	-
Income Tax Expense	1.6Cr	1.6Cr	3.3Cr	2.4Cr	-
EBT	6.6Cr	5.8Cr	15Cr	15Cr	17Cr
Japan	354.9Cr	315.9Cr	91Cr	84Cr	82Cr
Total Assets	2.16TCr	1.84TCr	1.47TCr	1.3TCr	-
Income Tax Expense	7.1Cr	9Cr	3Cr	3.6Cr	-
EBT	25Cr	32Cr	12Cr	13Cr	11Cr
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-10L	-	-	-
Greece	58Cr	76Cr	60Cr	64Cr	82Cr
Total Assets	238.6Cr	415.5Cr	428.9Cr	462.7Cr	-
Income Tax Expense	1Cr	70L	30L	2.1Cr	-
EBT	2.3Cr	2.3Cr	2Cr	8.6Cr	8.4Cr
Belgium	109.3Cr	100Cr	69Cr	76Cr	73Cr
Total Assets	1.61TCr	1.13TCr	1.04TCr	1.05TCr	-
Income Tax Expense	2.1Cr	1.7Cr	-1.8Cr	3.4Cr	-
EBT	11Cr	7Cr	-8.3Cr	13Cr	1.2Cr
Spain	75Cr	70Cr	56Cr	67Cr	60Cr
Total Assets	516.6Cr	479.4Cr	451.6Cr	457.7Cr	-
Income Tax Expense	1.3Cr	40L	20L	1.9Cr	-
EBT	5.3Cr	2.2Cr	1.6Cr	8.8Cr	9.8Cr
Romania	26Cr	25Cr	26Cr	25Cr	38Cr
Total Assets	110.6Cr	99Cr	108.2Cr	111.7Cr	-
Income Tax Expense	80L	60L	70L	80L	-
EBT	4.9Cr	3.4Cr	4Cr	4.3Cr	6.3Cr
Czech Republic	23Cr	22Cr	25Cr	23Cr	29Cr
Total Assets	147.9Cr	132.7Cr	129.9Cr	130Cr	-
Income Tax Expense	60L	30L	10L	70L	-
EBT	2.7Cr	1.2Cr	2.5Cr	2.9Cr	3.2Cr
Slovak Republic	19Cr	16Cr	18Cr	21Cr	20Cr
Total Assets	86Cr	75Cr	79Cr	83Cr	-
Income Tax Expense	80L	30L	90L	1.4Cr	-
EBT	3.4Cr	1.2Cr	3.6Cr	4.8Cr	5.7Cr
Hungary	30Cr	25Cr	20Cr	30Cr	18Cr
Total Assets	139Cr	114.8Cr	131.3Cr	137.5Cr	-
Income Tax Expense	30L	30L	20L	50L	-
EBT	90L	40L	80L	1.5Cr	2Cr
Italy	1.3Cr	30L	40L	1.2Cr	1.4Cr
Total Assets	28Cr	27Cr	27Cr	26Cr	-
Income Tax Expense	-80L	-10L	-	40L	-
EBT	1.3Cr	30L	40L	1.2Cr	1.4Cr
France	13Cr	2.1Cr	-4.8Cr	2.7Cr	1.1Cr
Total Assets	125.5Cr	111.6Cr	83Cr	81Cr	-
Income Tax Expense	2.9Cr	3.1Cr	-70L	10L	-
EBT	12Cr	1.3Cr	-5.4Cr	2Cr	80L
Denmark	4.5Cr	1.5Cr	-1.5Cr	2Cr	60L
Total Assets	20Cr	22Cr	20Cr	23Cr	-
Income Tax Expense	70L	30L	-40L	40L	-
EBT	4.3Cr	1.3Cr	-1.6Cr	1.8Cr	50L
Germany	10Cr	-10L	-2.2Cr	1.1Cr	40L
Total Assets	39Cr	54Cr	60Cr	70Cr	-
Income Tax Expense	2Cr	-30L	-50L	40L	-
EBT	13Cr	-20L	-2.2Cr	80L	40L
United Kingdom	3.1Cr	-90L	-	40L	10L
Total Assets	60Cr	61Cr	5.1Cr	4.6Cr	-
Income Tax Expense	10L	20L	-	-	-
EBT	3.3Cr	-1.9Cr	80L	-	20L
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Mexico	-	10L	10L	10L	-
Total Assets	40L	50L	1.4Cr	90L	-
Income Tax Expense	-	-	20L	-	-
EBT	-10L	-	70L	40L	-10L
Income Tax Expense	40L	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Argentina	-	10L	-	-	-
Total Assets	10L	10L	-	-	-
Singapore	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Switzerland	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Luxembourg	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Bulgaria	1.6Cr	-	-	-	-
Total Assets	-	-	-	-	-
EBT	30L	-	-	-	-
Turkey	3.2Cr	1.9Cr	2.7Cr	2.8Cr	-
Total Assets	4.3Cr	4Cr	4.2Cr	4.7Cr	-
Income Tax Expense	10L	-10L	-20L	-	-
EBT	-40L	-50L	-	-	-
Other	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-