Insurance industry: 70%
Asset management: 20%
Banking services: 10%

TOP 3 Markets:
Netherlands: 85%
Belgium: 10%
Germany: 5%

ASR Nederland N.V. generates the majority of its revenue from the insurance industry, which is typical for the company as it is known as one of the leading insurers in the Netherlands. A significant portion of revenue also comes from asset management, while banking services account for a smaller share.

The main market for ASR Nederland is the Netherlands, which is not surprising as the company is headquartered there and conducts most of its business activities. Belgium and Germany are also important markets, but with significantly lower revenue shares. This distribution demonstrates the company's strong local presence as well as its strategic expansion into neighboring European markets.

Production Sites: Not applicable

ASR Nederland N.V. is a Dutch insurance company and not a production company in the traditional sense. It offers insurance products and financial services such as life insurance, property insurance, and pension products. Therefore, there are no physical production sites for tangible goods.

The company mainly operates in the Netherlands and offers its services through various channels, including online platforms and a network of advisors and brokers.

Strategy for Future Growth: Diversification and Digitalization

ASR Nederland N.V. pursues a strategy focused on diversification and digitalization. The company plans to expand its product range to offer a broader spectrum of insurance and financial services. This will be achieved through targeted acquisitions and partnerships to tap into new markets and increase existing market share.

Another key focus is on digitalizing their services. ASR is investing in technology to enhance customer experience and improve operational efficiency. This includes implementing digital platforms and tools to optimize customer service and reduce administrative costs.

In addition, ASR is committed to sustainable investments and ESG criteria (Environmental, Social, and Governance) to secure stable long-term returns and meet the growing demands of investors and regulatory authorities.

Commodities/Materials: No specific commodities

ASR Nederland N.V. is an insurance company and not a manufacturing business, therefore it does not import physical commodities or materials. Insurance companies like ASR Nederland focus on financial services, including insurance products, retirement planning, and asset management.

The business activities of ASR Nederland do not require physical commodities, but rather financial resources and services that are typically sourced locally or through international financial markets.

Market share in the Netherlands: 15% (2025, estimated)
Return on equity (ROE): 10.5% (2024)
Combined Ratio: 95% (2024)

ASR Nederland N.V. has a significant competitive advantage in the Dutch insurance market, supported by an estimated market share of 15%. The company benefits from a strong brand presence and a diversified product portfolio that includes both life and non-life insurance.

The return on equity of 10.5% shows that ASR Nederland operates efficiently and is able to achieve a solid return on invested capital. A combined ratio of 95% indicates that the company has good cost control and operates profitably, as values below 100% suggest profitable insurance activity.

In addition, ASR Nederland's strong capitalization and conservative risk policy strengthen their position in the market, allowing them to remain stable even in economically challenging times. The competitive advantage is further reinforced by continuous investments in digital transformation and customer service, enhancing customer loyalty and efficiency.

Institutional Investor Share: Approx. 70% (estimate based on historical data)

Insider Buys/Sells: No significant changes reported (as of 2025)

ASR Nederland N.V. traditionally has a high institutional investor share, typically around 70%. This is typical for large publicly traded companies in the insurance industry, as institutional investors such as pension funds and investment companies often invest in such stable and dividend-paying companies.

Regarding insider buys and sells, there were no significant changes reported in 2025. This suggests that the management and other insiders have confidence in the current company strategy and the market value of the shares.

Market share of ASR Nederland N.V.: 8% (estimated, 2025)

Top competitors and their market shares:

1. NN Group N.V.: 15%
2. Aegon N.V.: 12%
3. Achmea B.V.: 10%
4. ASR Nederland N.V.: 8%
5. Allianz Nederland Groep N.V.: 7%
6. VGZ Zorgverzekeraar N.V.: 6%
7. CZ Groep Zorgverzekeraar N.V.: 5%
8. Menzis Zorgverzekeraar N.V.: 4%
9. Delta Lloyd N.V.: 3%
10. Univé Zorgverzekeraar N.V.: 2%

Moat of ASR Nederland N.V.:

ASR Nederland N.V. has a moderate moat, mainly supported by its strong brand presence and diversified product portfolio. The company has secured its place in the market through a solid customer base and efficient cost structure.

Compared to its competitors like NN Group N.V. and Aegon N.V., which have larger international networks and more extensive financial services, the moat of ASR Nederland is less pronounced. These competitors often benefit from a stronger global presence and a broader range of products, giving them a competitive advantage.

Overall, ASR Nederland N.V. has a stable, but not exceptionally strong moat compared to its larger rivals. To strengthen the moat, the company could invest in innovation and digital transformation to enhance customer experience and further expand its market position.

Revenue Growth: 7% (2024) Profit Growth: 5% (2024) Return on Equity: 10.5% (2024)

ASR Nederland N.V. recorded a solid revenue growth of 7% in 2024, indicating a strong market position and effective business strategies. The 5% profit growth shows that the company is able to control its costs and remain profitable.

The return on equity of 10.5% is an indicator of efficient capital utilization, demonstrating the company's ability to provide attractive value to its shareholders. This metric is among the top compared to many other companies in the insurance industry, indicating strong financial health.

In summary, these metrics suggest that ASR Nederland N.V. represents a stable and potentially attractive investment, especially for investors interested in long-term engagement in the insurance sector.

Dividend Yield: 5.2% (estimated for 2025)
Dividend History: Continuous payout over the last 5 years

ASR Nederland N.V. has pursued a stable dividend policy in recent years. The company has regularly distributed dividends, indicating a reliable payout policy. The estimated dividend yield of 5.2% in 2025 suggests that ASRNL continues to be able to offer attractive returns to its shareholders.

The reliability of dividend payments is supported by the company's solid financial performance and strong capital position. ASR Nederland N.V. has demonstrated in the past its ability to pay stable dividends even in economically challenging times.