While It May Not Be Speedy, Nationale Nederlanden Is a Stable and Reliable Business

Nationale Nederlanden Group is the largest insurance firm in Holland with over one-third market share. While its roots lie in a spinout from ING, the business has built a strong offering. Its development hasn’t been without hurdles as it has had ongoing issues with a unit-linked lawsuit. With over 2 million policies sold previously and no way of ascertaining how many of those policyholders would make claims and be successful, this created a lot of uncertainty. However, the settlement with its main competitor ASR and the agreement over claims with ConsumentenClaim, Vereninging Woekerpolis.nl, Stichting Woekerpolisproces, Wakkerpolis, and Consumentenbond and other interest groups has left NN in a much more certain position.