VIVAT NV (VIVAT) announces today that, by mutual agreement, Chief Executive Officer Ron van Oijen resigns from his position effective January 31, 2020.
Net Underlying Result improved to EUR 161 million (1H18: EUR 115 million), driven by higher investment income and improved claims ratio of P&C. Combined ratio improved to 96.0% reflecting an improved claims ratio (1H18: 100.9%)
VIVAT NV (VIVAT) has been informed by its shareholder Anbang Insurance Group Co., Ltd. (Anbang) that Athora, NN Group and Anbang reached a conditional agreement on the sale of all shares in VIVAT.
VIVAT today published its 2018 Annual Report, an integrated review of the company’s performance, consisting of the Board Report and the Financial Statements. In addition, SRLEV published its 2018 Annual Report.
VIVAT today published its Annual Results 2018: Strong Performance of Financial Focus Areas. Combined Ratio below 97%, Solvency II Ratio at 192%.
VIVAT NV (VIVAT) has been informed by its shareholder Anbang Insurance Group Co. Ltd. (Anbang) that it has commenced the next phase of the strategic review regarding its shareholding in VIVAT.
Net underlying result up 58% to EUR 115 million (1H17: EUR 73 million), positively impacted by higher interest income from the interest rate derivatives portfolio Combined ratio at 100.9%, excluding the impact of the January storm at 95.6% (1H17: 99.4%)
Reaction on the Dutch Government’s intention to cancel tax deductibility of Restricted Tier 1 coupons
VIVAT has taken notice of the press release issued by the Ministry of Finance regarding the Dutch government’s intention to cancel the tax deductibility of specific loss absorbing instruments, such as VIVAT’s RT1 (Restricted Tier 1) instrument, as from 1 January 2019.