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Last updated : 03/11/2026 - 12h08
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NN Group: Tjeerd Bosklopper to Succeed David Knibbe as Head of the Insurer

The departure of David Knibbe, who will leave NN Group on 1 March 2027 to take up an opportunity outside the company, opens an internal succession at the head of the insurer. The chosen timetable provides for a transition phase before the appointment of his successor takes effect.


NN Group: Tjeerd Bosklopper to Succeed David Knibbe as Head of the Insurer

An Executive Who Has Been a Member of the Executive Board Since 2018

Tjeerd Bosklopper currently heads NN Netherlands Non-life, Bank & Technology, where he is responsible for the Dutch non-life and banking activities as well as technology. He has been a member of the Executive Board of NN Group since September 2018.

Since 2024, he has overseen the launch and implementation of Future Ready, a digital transformation programme rolled out across the entire group. He previously held several management positions at NN and ING, in the Netherlands and internationally, after starting at ING in an international management trainee programme.

The appointment envisaged by the Supervisory Board has received the approval of the Dutch central bank and a favourable opinion from the central works council. It will take effect upon notification to the annual general meeting of 12 May 2027. David Cole, Chairman of the Supervisory Board, highlighted the choice of "a successor from within the company".

A CEO-Designate Appointed to the Management Board as of 1 March 2027

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To ensure continuity, and in accordance with NN Group's articles of association, the Supervisory Board has appointed Tjeerd Bosklopper as CEO-designate. In this capacity, he will occupy the seat left vacant on the Management Board from 1 March 2027, until his appointment takes effect.

David Knibbe spent nearly 30 years at NN and in the organisations that preceded it, including 13 years on the Executive Board and almost 8 years as CEO. He described this moment as a "good time" to take on a new challenge and said he had worked alongside his successor for more than 20 years.

The succession process for the position of CEO Netherlands Non-life, Banking & Technology has been launched, and further announcements will follow. Additional information will be included in the notice of the general meeting, available from 30 March 2027.



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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 5 972 millions d'euros
  • Quarterly revenue: 5 972 millions d'euros
  • Net income: 1 066 millions d'euros
  • Free cash flow: 922 millions d'euros
Guidance from the release
  • On track to deliver the OCG target of EUR 2.2 billion for 2028; Well on track to achieve 2028 OCG target
Risks mentioned
  • Le résultat avant impôt d'Insurance Europe recule à -59 M€ au 1S26 contre 57 M€ au 1S25
  • Le combined ratio Disability se détériore par rapport aux périodes précédentes malgré amélioration séquentielle
  • Les éléments non-opérationnels pèsent sur le résultat via des pertes de valeur de -294 M€
Opportunities identified
  • La génération de capital opérationnel progresse à 1 073 M€ au 1S26 contre 1 020 M€ au 1S25
  • Le ratio de solvabilité II s'améliore à 224% contre 208% un an plus tôt
  • Les actifs sous gestion DC business progressent à 48,2 milliards d'euros contre 39,2 milliards au 1S25

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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