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Fitch assigns ratings to NN Group, subsidiary

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Fitch assigns ratings to NN Group, subsidiary

Fitch Ratings on April 11 assigned a long-term issuer defaultrating of A and subsidiary Nationale-Nederlanden Levensverzekering Maatschappij NVan insurer financial strength rating of A+, with stable outlooks.

The ratings are driven by NN Group's strong capitalization;its established market position in the Netherlands; geographicaldiversification; and low investment risk, Fitch said, noting however, that thisis partly offset by pressures in the Dutch life sector, which is the group'smain market.