ASR Nederland N.V. is a Dutch insurance and asset management group. The company operates through several business segments, including non-life insurance, life insurance, pensions, health insurance, and asset management. Its non-life product line covers road traffic, fire, third-party liability, and legal assistance insurance for retail customers. The life insurance segment, operated by ASR Levensverzekering N.V., offers asset-building, asset protection, and funeral expense policies, primarily distributed through intermediaries. The pension business serves SMEs, large enterprises, and pension funds. In the health insurance sector, the company provides medical expense coverage and care services. The asset management division invests in real estate, including shops, offices, and agricultural land, as well as renewable energy and listed real estate equities for institutional clients. The group also offers the WelThuis hypotheek mortgage product. ASR Nederland serves retail customers, business owners, and institutional investors in the Netherlands and internationally.

Summarised from the company's own disclosures, fiscal year ended Dec 2025

Industry Insurance - Diversified Homepage asrnl.com
Sector Financial Services IR page asrnl.com/investor-relations
Tags
non-life insurance, life insurance, pensions, health insurance, asset management, real estate investment, mortgages, funeral insurance, occupational disability insurance, ASR Levensverzekering N.V., WelThuis hypotheek, a.s.r. real assets, asrvermogensbeheer.nl
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Metrics

Valuation  
Market cap € 12.542B
P/E 26.35
P/BV 1.24
P/S 2.73
P/OCF -22.04
P/FCF -21.37
Dividend yield 16.2%
Turnover / mcap —
Returns  
ROE 5.7%
ROI 5.6%
ROIC 5.6%
Profit margin 5.2%
Growth  
Revenue growing Yes
Profits growing No
Revenue up 3y Yes
Revenue up 5y Yes
Quality  
Profitable Yes
Margin expanding No
Buying back stock No
Diluting (TTM) —
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News sentiment (TTM) 0
Quality score 11.1%
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Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010 FY 2009
Revenue 10.913B 10.119B 8.429B 247M 204M 149M 3.616B 1.62B 2.475B 2.668B 3.695B 3.574B 3.365B 3.563B 1.7B 2.744B 3.278B
Free cash flow -587M -724M 3.554B -1.153B -188M 340M — — — — — — — — — — —

Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010 FY 2009
Share price 60.54 44.64 42.57 42.05 38.93 34.5 — — — — — — — — — — —
Price performance 12m 0.36 0.05 0.01 0.08 0.13 -0.02 — — — — — — — — — — —

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ASR Nederland N.V. (ticker ASRNL), listed in Netherlands.