a.s.r. first insurer to expand flood coverage
a.s.r. is the first insurer in the Netherlands to expand its insurance policies for buildings and movable property with flood coverage. As a result, customers of a.s.r., both private and corporate, are automatically better insured against loss in the event of flooding from 1 January 2020. In this way a.s.r. is responding to climate change.
At this moment, there is a gap between what the government can pay out in the event of loss caused by flooding as defined by the law, and the flooding customers are currently insured against. As an insurer, a.s.r. wants to be socially relevant. We do this by offering solutions for social issues, among other things. Climate change increases the risk of flooding.
This is why, as of 1 January 2020, all private and corporate customers will automatically be granted an extension of their current precipitation cover. This applies to the residential premises, home contents, leisure home, commercial buildings, movable property and inventory items insurance. With the extension of this precipitation cover, the customer is insured against loss caused by water that has unexpectedly entered the building as a result of flooding caused by the failure of a non-primary water-control structure .
For private insurance policies, the coverage is included in the terms and conditions of the residential premises, home contents and leisure home insurance policy. For corporate insurance policies, the coverage is included in the terms and conditions of the (agricultural) commercial buildings, movable property and inventory items insurance policy.
By water-control structures, we mean objects that are designed to stop water. In this context, we make a distinction between primary and non-primary water-control structures. Primary water-control structures offer protection against flooding in the event of high water from, for example, the North Sea, the IJsselmeer or a large river such as the Rhine. The primary water-control structures are laid down in the Water Act. Non-primary water-control structures are all flood defences that are not included as primary in the Water Act, for example barriers along regional rivers or canals.
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18 Apr 2024500 a.s.r. employees roll up their sleeves on first “Doenkracht Donderdag”Across the Netherlands, 500 a.s.r. employees will participate in activities on Thursday, April 18, during Doenkracht Donderdag (“Doenkracht Thursday”). On this day, employees will step away from their usual tasks and wholeheartedly engage in volunteer work across 6 of a.s.r.’s 7 business cities. a.s.r.’s social organisation, Doenkracht, collaborates with various organisations in and around these cities that can benefit from external help. This initiative marks the first time a.s.r. is organising such an event, drawing inspiration from Aegon Nederland, which previously introduced Vrijwilligerswerk Vrijdag (“Volunteering on Friday”). The commitment to community activities aligns with a.s.r.’s mission to empower individuals in the Netherlands to make informed financial decisions, fostering greater financial awareness, savvy, and resilience.
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16 Apr 2024a.s.r. to hold Annual General Meeting of Shareholders on 29 May 2024Today, ASR Nederland N.V. (a.s.r.) is publishing the convocation and the accompanying documents for the Annual General Meeting of Shareholders (AGM) that is scheduled for Wednesday 29 May 2024 at 10:00 a.m. The AGM will be held on that day at the office of a.s.r. in Utrecht.
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15 Apr 2024The a.s.r. Vitality health programme is available to all pension, healthcare and income protection customers of a.s.r. and Loyalisa.s.r. Vitality will be available from 1 January 2025 to all customers with healthcare, income protection or pension insurance of a.s.r. or Loyalis, without paying a separate contribution for this. In this way, a.s.r. hopes to lower the threshold to participate in the programme.