(Reuters) -Insurer ASR Nederland said on Wednesday it realised an organic capital creation of 721 million euros ($839 million) in the first half of 2025, above the 696 million euros analysts it had polled were expecting.
“The operating result amounts to 826 million euros, with an operating return on equity of 14.4%, well above our target,” CEO Jos Baeten said in a press release.
The stronger than expected results were mainly driven by robust performances across all business areas, and most notably in ASR’s life insurance division, it said.
The company added the results benefited from the absence of severe weather events in the reporting period, as the global insurance sector faces potentially $150 billion in losses for the year and Southern Europe grapples with devastating wildfires.
ASR also said it would pay an interim dividend of 1.27 euros per share, 9.5% higher than the interim payout for the first half of 2024.
The group’s Solvency II ratio, which determines capital requirements insurers must hold, stood at 203%.
($1 = 0.8596 euros)
(Reporting by Jakob Van Calster in Gdansk, editing by Milla Nissi-Prussak)
