Today, NN Group announces that the settlement with interest groups regarding unit-linked insurance products sold in the Netherlands is final, as 90% of the affiliated policyholders accepted their individual proposal for compensation.

In January 2024, NN Group agreed a settlement with interest groups Consumentenclaim, Woekerpolis.nl, Woekerpolisproces, Wakkerpolis, and Consumentenbond, regarding unit-linked insurance products sold in the Netherlands by Nationale-Nederlanden, including Delta Lloyd and ABN AMRO Levensverzekering. This settlement was subject to a 90% acceptance rate of affiliated policyholders that have received an individual proposal for compensation. As the 90% acceptance rate is reached, the settlement is now final.

All legal proceedings initiated by the aforementioned interest groups will be discontinued and no new legal proceedings may be initiated by these interest groups and their affiliated parties, upon completion of the execution of the settlement.

The settlement costs are covered by a previously announced provision of approximately EUR 360 million recognised in the fourth quarter of 2023. This includes EUR 60 million for hardship cases and customers unaffiliated with one of the interest groups who have not previously received compensation.

For more information about the settlement, please visit our website: https://www.nn.nl/schikkingsovereenkomst

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NN Group NV published this content on October 06, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 06, 2025 at 15:46 UTC.