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NN Biztosito Zrt. (Hungary)

Main Activities: Insurance Carriers
Secondary Activities: Insurance Agencies and Brokerages | Pension Funds
Full name: NN Biztosito Zrt. Profile Updated: July 19, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Hungarian Download a sample report

NN Biztosító Zrt. commonly known as ING Biztosító, is a Hungarian insurance company headquartered in Budapest. The company has been incorporated in 1991 under the name of Nationale-Nederlanden. NN Biztosító is a market leader in the Hungarian life insurance market since 1997. The company between 2001 and March 2015, as a part of the Dutch ING Group, operates under the name of ING Biztosító and from April 2015 start to operate under the name of NN Biztosító. The company name changed for the insurance companies in ING group worldwide, which is present in more than 18 countries. Through its subsidiaries the company operates in the areas of life insurance, individual investment portfolios, investments, property insurance, motor vehicles, pension insurance, personal risk management.

Headquarters
Dozsa Gyorgy ut 84/B
Budapest; Budapest; Postal Code: 1068

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Website: https://www.nn.hu/

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 17, 1991
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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Subsidiaries
Ing Eta Szolgaltato Kft. v. a.
Nn Penzugyi Tanacsado Kft.
Company Performance
Financial values in the chart are available after NN Biztosito Zrt. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HUF. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-10.81%
Operating profit (EBIT)
20.27%
Net Profit (Loss) for the Period
14.59%
Total assets
-1.71%
Investments
-1.49%
Receivables
21.21%
Total equity
7.65%
Net Premiums Earned Trend
N/A
Return on Equity (ROE)
0.9%
Loss Ratio
-4.51%
Underwriting Expenses Ratio
-2.22%

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