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Annual Report 2024

The Integrated Annual Report 2024 of NN Group N.V. (NN) ‘Anticipate today, benefit tomorrow’ provides an overview of NN’s strategic and financial performance over the past year in a way that is concise, accurate and balanced.

This report is intended to inform our stakeholder groups: customers, shareholders, employees, business partners, regulators and society at large. We aim to show how we create sustainable long-term value.

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CEO Message

Reflecting on our performance in 2024, I am proud how we continued to fulfill our role and helped people care for what matters most to them. This year marks our 180th anniversary, a testament to our resilience. However, this resilience is not guaranteed, and we must remain vigilant and fully focused on serving our customers and other stakeholders.

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David Knibbe, CEO at NN
David Knibbe - Chief Executive Officer NN Group

Performance highlights

Our financial highlights for 2024.

View our complete performance

Key financial figures

Operating capital generation
€1,9bn
Free cash flow
€1,6bn
Solvency II ratio
194%

Customers

NPS-r Netherlands businesses
On par
NPS-r international businesses
Above

People

Employee engagement
7.9
Women in senior management positions
41%

Society

Investments in climate solutions
€12.8bn
People supported in our communities
766k

Who we are

We are a financial services company active in 11 countries. We provide retirement services, pensions, insurance, banking and investments to approximately 20 million customers.

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Strategic commitments

To execute our strategy, we have identified five strategic commitments. These help us execute our strategy. Read the case studies for examples of the progress we made in 2024

Engaged customers

We deliver an outstanding customer and distributor experience, and develop and provide attractive products and services.

Talented people

We foster a values-based culture and empower our colleagues to be their best.

Contribution to society

We contribute to the well-being of people and the planet.

Financial strength

We are financially strong and seek solid long-term returns for shareholders.

Digital & data-driven organisation

We use technology and data responsibly to transform our business and drive operational excellence.

Data is everyone’s business

This year, NN Group introduced a new strategic commitment to become a digital and data-driven organisation. The company-wide NN Data Literacy Programme (DLP) empowers colleagues to help us achieve this ambition.

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‘Part of the solution’ − how NN Group is helping improve the mental well-being of young people

Young people face a growing number of challenges to their mental well-being, creating an urgent need for targeted support and prevention. NN Group is meeting this need with two new partnership programmes.

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Adding sustainable features to home insurance

A recently launched, updated home insurance product sets a new standard for Dutch home insurance, making sustainable repair the norm.

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Progress on our commitments

As of 2024, we refined our strategic focus by introducing a new commitment to become a ‘digital and data-driven organisation’. This update reflects our ambition to responsibly use technology and data, enabling us to drive operational excellence across the company and further improve the customer experience. This will give us the ability to continue growing our business and make us ready for the future.

View our strategy and business

Downloads

All 2024 Annual Report-related documentation.

NN Group Annual Report

Total Tax Contribution Report