ASR Nederland seen up after 47% jump in H1 operating result

ASR Nederland NV

21/08/2024 07:53

** Shares in ASR Nederland are seen rising 1-2% by traders
after the Dutch insurer posted a 47% jump in H1 operating result
    ** J.P.Morgan says the operating result of 677 million euros
($752.7 million) was ahead of its expectations
    ** Solvency II ratio was 181% at the end of June, in line
with a company-compiled consensus
    ** ASR says the sale of online bank Knab will boost the
ratio by some 17 percentage points, vs JPM's expectation of 13
pp
    ** The group reaffirms its 2026 targets

($1 = 0.8994 euros)

 (Reporting by Olivier Sorgho)
 ((Olivier.Sorgho@thomsonreuters.com))