Court of Appeal ruling Wealth plan, Koersplan and Fundplan
On September 26, 2023, the Court of Appeal of The Hague ruled in the case of Vereniging Woekerpolis.nl regarding three unit-linked investment policies sold by Aegon Nederland up to and including 2004
The products in question are the Aegon Koersplan, Fundplan and Vermogensplan. We will study the ruling carefully, after which we will decide whether to appeal to the Supreme Court.
Life
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30 Nov 2023a.s.r. raises overall target for run-rate cost synergies from the transaction with Aegon Nederland to € 215 millionToday, ASR Nederland N.V. (a.s.r.) is hosting an institutional Investor Update. Jos Baeten, CEO at a.s.r., and other members of the Management Board will provide an update on the integration progress of the Aegon Nederland businesses. The primary focus will be on the operational aspects of the integration and a.s.r. will outline an adjusted overall run-rate cost synergy target. The program also includes an update on unit-linked life insurance.
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29 Nov 2023a.s.r. closes unit-linked life insurance filea.s.r. has reached a final settlement for unit-linked life insurance customers of Aegon and a.s.r. affiliated to the interest groups Consumentenclaim, Woekerpolis.nl, Woekerpolisproces, Wakkerpolis and Consumentenbond. All collective proceedings of the interest groups against Aegon and a.s.r. will be terminated. The settlement involves approximately 250 million euros.
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29 Nov 2023Parties to the CBA choose Loyalis as insurer for hospital employeesParties to the CBA in the hospital sector have selected Loyalis, part of a.s.r., as the exclusive provider of group supplementary disability insurance (WGA shortfall insurance) for 220,000 employees working in general hospitals in the Netherlands. This master agreement is for five years and stems from the CBA agreement to limit income loss in case of long-term incapacity for work of employees.