Leading market position in the Netherlands and Belgium, supported by a strong brand name. High geographic diversification, with leading positions in a number of other markets in Europe and Japan. On-track integration of Delta Lloyd further enhancing the group's diversification and overall market position. Lower capital buffer following the Delta Lloyd acquisition, although we anticipate the company will build up its capital with earnings retention and contained risk taking. Earning pressure in the Dutch market from competition. Uncertainty regarding NN Group's prospective capital deployment strategy as a result of the successful integration of Delta Lloyd. The Netherlands-based international insurer NN Group and its subsidiaries (together, the group, or NN) have a leading market position in the Dutch and Belgian insurance
