NN Group reaches 360 mln euro settlement on unit-linked products

NN

09/01/2024 19:28

AMSTERDAM, Jan 9 (Reuters) - Dutch insurer NN Group
 NN.AS  on Tuesday said it had reached an agreement with
interest groups to settle a years-long fight over
investment-linked products for a total consideration of
approximately 360 million euros ($393.12 million).
    In September last year, a court said the company had at
various points offered customers insufficient information about
the costs linked to its products, striking down a 2017 ruling
that had cleared the company of these allegations.

($1 = 0.9158 euros)

 (Reporting by Bart Meijer)
 ((Bart.Meijer@thomsonreuters.com;))