Utrecht,
29
November
2017

Higher Operating result

Operating result increases by 23.6% to € 550 million in the first nine months (9M) of 2017 (9M 2016: € 445 million). In Q3 sec it increases by € 19 million to € 165 million, mainly due to higher investment returns in the Life segment. Operating return on equity was 16.4% for 9M 2017, which was well above the target of ‘up to 12%’. Combined ratio for the Non-life segment amounts to 94.5% for 9M 2017, which is an improvement of 1.2%-point relative to 95.7% in 9M 2016. Operating result in the Non-life segment increases by 42.4% to € 141 million in 9M 2017, mainly due to a strong increase in H1 followed by a stable third quarter. Operating result in the Life segment increases by 15.3% to € 466 million in 9M 2017. In Q3 2017 it increases by 16.9% to € 152 million (Q3 2016: € 130 million), mainly due to higher... Read more from this release