How to buy ASR Nederland (2024) shares – price & analysis.
ASR Nederland is a Dutch insurance company listed on the stock exchange. In this article, you can read how to buy ASR shares & you can also find the latest stock price of ASR.
Where can you buy ASR stocks?
If you have confidence in the future of ASR, it can be interesting to buy ASR stocks on the stock market. In the overview below, you can see which brokers allow you to buy ASR stocks:
Brokers | Benefits | Register |
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What is the current price of ASR Nederland?
Are you curious about the current price of ASR Nederland’s stock? The graph below shows how ASR stocks are performing. Moreover, with the buy and sell buttons, you can start trading ASR stocks directly.
Company information of ASR
Below are the key company details of ASR.
Stock prices of ASR over the last 5 days
In the table below, you can see the stock prices of ASR over the last 5 days:
- Strong position: ASR Nederland is a robust company with a long history in the insurance industry. The company offers various insurance products, which contributes to its diversification.
- Stable income & dividend: When ASR performs well, it consistently delivers good results.
- Growth potential: ASR can further grow by introducing new products and expanding into new markets.
What are the risks of ASR stocks?
- Market risk: Geopolitical and socio-economic factors can affect ASR’s profitability.
- Interest rate risk: Companies like ASR invest a significant portion of received premiums in derivatives. The value of these securities can increase or decrease depending on market developments.
- Industry-specific risk: Competition from other insurers and changing consumer preferences can impact ASR’s results.
How to buy ASR stocks?
- Step 1: First, open an account with a reliable stockbroker.
- Step 2: Activate your investment account by following the necessary steps.
- Step 3: Determine the amount you want to invest and deposit money into your investment account.
- Step 4: Select the ASR stock within the trading platform.
- Step 5: Enter the amount you would like to invest and click on “buy.”
- Step 6: Keep an eye on the performance of your ASR investment.
What does the ASR company consist of?
Several brands fall under ASR Nederland, including “de Amersfoortse,” “Europeesche Verzekeringen,” “Ardanta,” and “Ditzo“. ASR offers a wide range of insurance products, such as property insurance, life insurance, income protection insurance, and funeral insurance. The company’s headquarters is located in Utrecht.
History of ASR
The company’s history dates back to 1720 with the establishment of “Maatschappij ter Discontering en de Belening“. For a long time, this company was the second-largest insurance company in the world after “Lloyd’s of London“. In 1997, after the acquisition by the “Stad Rotterdam” group of “De Europeesche Verzekeringen” and “de Amersfoortse“, the “ASR-Verzekeringsgroep” was formed. This insurance group was acquired by “Fortis” in 2000 for 3.1 billion dollars, creating the insurer “Fortis ASR“.
In 2008, Fortis encountered significant problems. The company was nationalized, and the Fortis division, “Fortis Corporate Insurance” was sold separately. ASR continued under the name ASR Verzekeringen, which was changed to a.s.r. in 2013.
IPO of ASR
ASR went public in June 2016. At that time, the Dutch State sold 60 million shares. In January 2017, an additional 20.4 million shares were sold by the Dutch State. The remaining shares were sold by the Dutch State in April 2017 and September 2017. With a total revenue of 3.8 billion euros, the Dutch State made a small profit, as 3.65 billion euros was paid for the shares during the nationalization of Fortis in 2008.
Involvement in the investment-linked insurance affair
ASR was also involved in the investment-linked insurance affair. The investment insurance policies sold to policyholders were complex and relatively expensive. After reaching a settlement, a sum of 780 million euros was paid out to policyholders who held investment-linked insurance policies with the following companies: ASR, de Amersfoortse, Falcon, Interlloyd Leven, VSB Leven, AMEV, Stad Rotterdam, and Woudsend.
The “Vereniging Woekerpolis” (Association of Investment-linked Insurance Policyholders) filed a lawsuit against ASR regarding the investment-linked policies. ASR won this lawsuit in 2019. The court ruled that the company had provided sufficient information about the costs and risks of their financial products. According to the court, the investment-linked policies were not considered “defective products,” but ASR had charged excessive administrative costs in certain cases.
Whether it is wise to buy ASR stocks ultimately depends on your personal situation. ASR can be an interesting investment due to its high dividend yield and relatively stable stock price. However, it is important to monitor both the financial health of ASR and the competition. This allows you to determine if ASR Nederland stocks align with your risk profile.