ASR Nederland on:
[Wikipedia]
[Google]
[Amazon]
ASR Nederland is a major
ASR Insurance Homepage
{{Dutch financial services companies Financial services companies established in 1997 Insurance companies of the Netherlands Companies listed on Euronext Amsterdam
ASR Nederland is a major Dutch
Dutch commonly refers to:
* Something of, from, or related to the Netherlands
* Dutch people ()
* Dutch language ()
Dutch may also refer to:
Places
* Dutch, West Virginia, a community in the United States
* Pennsylvania Dutch Country
People E ...
insurance group based in Utrecht
Utrecht ( , , ) is the fourth-largest city and a municipality of the Netherlands, capital and most populous city of the province of Utrecht. It is located in the eastern corner of the Randstad conurbation, in the very centre of mainland Net ...
. The company was created in its current form in 2008 when the insurance business was split out of Fortis, after it was acquired by the Dutch government during the Financial crisis of 2007-2010
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...
. The Dutch government revived the old name that had been used prior to the acquisition by Fortis in 2000 for the newly structured company.
History
The original ASR insurance company was formed in 1997 after the merger of '' Stad Rotterdam Verzekeringen'' (which dates back to 1720) and ''ETI Amersfoortse'' insurance companies. The new name ASR was based on a combination of initials of Amersfoort and Stad Rotterdam. In 2000, Fortis acquired ASR insurance and merged it with its other insurance business to form Fortis ASR. At that time the other insurances business included the insurers ''Amev'', ''Ardanta'' and ''Falcon'' (which included Interlloyd en VSB-leven). In 2008 the insurance component became government owned when theDutch Government
The politics of the Netherlands take place within the framework of a parliamentary representative democracy, a constitutional monarchy, and a decentralised unitary state.''Civil service systems in Western Europe'' edited by A. J. G. M. Bekk ...
took control of Fortis to prevent the bank and insurer succumbing to the Financial crisis of 2007–2010
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...
.
On November 21, 2008 the Dutch Finance Minister, Wouter Bos announced that they would spin off Fortis Insurance Nederland NV using the revived name of ASR Nederland NV.
''Fortis Corporate Insurance'' was sold separately and did not form part of ASR Nederland. The Belgium insurance business of Fortis was not part of this process and that business was split by the Belgium government to create the insurance company Ageas
Ageas is a Belgian multinational insurance company co-headquartered in Brussels. Ageas is Belgium's largest insurer and operates in 14 countries worldwide. The company was renamed from Fortis Holding in April 2010 and consists of those insurance ...
.
Operations
ASR operates from four locations with a headquarters in Utrecht.See also
*ABN AMRO Group
ABN or abn may refer to:
Companies
* ABN AMRO Group, a Dutch bank group
* ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank
* Algemene Bank Nederland, a now-defunct Dutch bank
Radio, news and television organizati ...
References
External links
*ASR Insurance Homepage
{{Dutch financial services companies Financial services companies established in 1997 Insurance companies of the Netherlands Companies listed on Euronext Amsterdam