S&P revises a.s.r.’s outlook to positive on expected capital and earning improvement – A ratings affirmed
Credit rating agency Standard & Poor’s (S&P) is positive about the long-term outlook in its annual assessment of a.s.r.’s creditworthiness and its components. The current ratings have been reaffirmed, and the outlook has been changed from stable to positive. This means that if a.s.r. continues to perform at the current level, there is a possibility that the ratings of a.s.r. will be upgraded by one notch at a next assessment.
The largest insurance companies of a.s.r. now have an A rating. The holding company of a.s.r., ASR Nederland N.V., has a BBB+ rating. The long-term rating outlook was stable and has now been revised to positive.
All ratings and associated reports on a.s.r. by Standard & Poor’s can be found on the ratings page on our corporate website.
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21 Aug 2024a.s.r. commits to Science Based Targets initiative (SBTi)a.s.r. has joined the international Science Based Targets initiative (SBTi). In doing so, a.s.r. commits to setting science-based emission reduction targets in line with the Paris Climate Agreement. This step fits the ambition of a.s.r. to belong to the leading group of European sustainable insurers. After signing, a.s.r. has 2 years to submit the climate goals to SBTi.
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21 Aug 2024a.s.r. reports strong half-year 2024 resultsJos Baeten, Chairman of the Executive Board and CEO: ‘We are showing good results over the first six months of 2024. These are in line with or exceeding the targets that we presented at our recent capital markets day. We can see growth in P&C, Disability and Pensions, and we maintain our strong position in the mortgage market. Alongside this, the operating result, the organic capital creation, and the solvency are developing favorably. The financial results show a significant rise across all business segments, through autonomous growth as well as the addition of activities of Aegon Nederland. Since the closing of the Aegon Nederland transaction we have already taken many steps, each contributing to the integration going to plan. The progress of the integration, where we also appreciate the joining of two cultures, remains the priority. When we look at the future, our stakeholders can expect us to, through our ambition to be the best financial service provider in the Netherlands, also continue to focus on sustainable growth. Lastly, a.s.r. continues to commit to a sustainable society and world, with product and services that are not only good for now, but also for the long term, with future generations in mind.’