a.s.r. receives approval to use its Partial Internal Model for a.s.r. Life
The Dutch Central Bank (DNB) has approved a.s.r.’s application for the use of a Partial Internal Model (PIM) for determining required capital under the Solvency II framework for the ASR Levensverzekering N.V. (a.s.r. Life) entity. This extends the use of the PIM from the Dutch Aegon Life entities to the a.s.r. Life entity and enhances a.s.r.’s overall risk management and capital efficiency.
This approval is an important milestone in the integration of Aegon Nederland. Moreover, it enables a.s.r. to make even more informed decisions on risk and return. In addition, it is a necessary step for the legal merger of a.s.r. Life and Aegon Life, scheduled for 2026.
Compared with the Standard Formula under Solvency II, the PIM is better aligned with the specific risks of a.s.r.’s Life insurance activities and investment portfolio. For a.s.r. the use of the PIM reduces the required capital and is expected to deliver an uplift of approximately 10–12%-points to a.s.r.’s group Solvency II ratio (30 June 2025: 203%), subject to stable market and operating conditions. While lower required capital will also reduce future capital release into Organic Capital Creation (OCC), this effect has already been taken into consideration and will therefore not affect the OCC target of € 1.35 billion for 2026.
a.s.r. will report Solvency II figures based on the extended use of the PIM at its full-year results publication on 18 February 2026.
-
10 Dec 2025
Lard Friese steps down from a.s.r.’s Supervisory Board
Lard Friese has decided to step down as a member of the Supervisory Board of ASR Nederland N.V. (a.s.r.) in order to fully focus on his responsibilities at Aegon Ltd. Aegon Ltd will nominate a candidate to succeed him. -
8 Dec 2025
a.s.r. becomes strategic partner of Groene GGZ
From 2026, a.s.r. will become a strategic partner of the Groene GGZ (Green Mental Healthcare) initiative, which emphasises the importance of nature in mental healthcare. By joining this initiative, a.s.r. underlines the relevance of nature-inclusive care. As a strategic partner, a.s.r. will collaborate with various mental healthcare providers to implement nature-inclusive care into practice.