Jason Kalamboussis's questions to NN Group NV/ADR (NNGRY) leadership • Q2 2023
Question
Asked if improving Non-life solvency will unlock higher remittances, whether the company is happy with the Dutch Life solvency level, and for a potential range of impact from the mortgage model change.
Answer
Yes, the improved Non-life solvency position, with past model changes now behind them, is a key driver for increasing remittances and diversifying free cash flow. The company is content with the 190% Dutch Life solvency ratio, noting its higher quality and the group's overall capital flexibility. No further details were provided on the mortgage model impact.