Sofia Branch Nn Life News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Brussels, 11 February 2021 (7.05 a.m. CET) KBC to acquire NN’s Bulgarian pension insurance and life insurance businesses Yesterday, KBC Group and the Netherlands all the shares of all the assets and liabilities of NN Insurance Co. Ltd. – Sofia Branch (Bulgaria)                           The deal has a total consideration of 77.7 million euros and will only have an immaterial impact on KBC’s solid capital position. Upon closure, KBC Insurance’s Solvency II ratio – which stood at an excellent 222% at the end of 2020 - will be reduced by approximately 6 perce...

Brussels, 11 February 2021 (7.05 a.m. CET) KBC to acquire NN's Bulgarian pension insurance and life insurance businesses Yesterday, KBC Group and the Netherlands all the shares of all the assets and liabilities of NN Insurance Co. Ltd. – Sofia Branch (Bulgaria)                           The deal has a total consideration of 77.7 million euros and will only have an immaterial impact on KBC's solid capital position. Upon closure, KBC Insurance's Solvency II ratio – which stood at an excellent 222% at the end of 2020 - will be reduced by approximately 6 percentage ...