Credit ratings
a.s.r. is rated by Standard & Poor's (S&P). In 2023, a.s.r. had several conference calls with the rating agency to discuss developments both at a.s.r. itself and in the Dutch insurance market. This resulted in a comprehensive S&P analysis report on a.s.r. on 8 September 2023, which confirmed the ratings and outlook. The single A rating of the insurance entities has applied since 29 September 2008, and the stable outlook since 23 August 2012.
More information on a.s.r.’s bonds and ratings can be found on www.asrnl.com.
| Standard & Poor's | Type | Rating | Outlook | Since |
|---|---|---|---|---|
| ASR Nederland N.V. | CCR | BBB+ | Stable | 15 May 2014 |
| ASR Levensverzekering N.V. | ICR / IFSR | A | Stable | 23 August 2012 |
| ASR Schadeverzekering N.V. | ICR / IFSR | A | Stable | 23 August 2012 |
| Aegon Levensverzekering N.V. | ICR / IFSR | A | Stable | 23 May 2023 |
| Aegon Bank N.V. | ICR | BBB+ | Negative | 6 February 2024 |
| | | | | |
| Green Senior Bond | | BBB- | | |
| Tier 2 Bonds | | BBB- | | |
| Tier 1 Bond | | BB+ | | |
ESG ratings
a.s.r. is rated by various ESG research agencies. These agencies provide a.s.r. with external recognition for sustainability and the realisation of its group targets, including non-financial targets. These agencies also benchmark a.s.r. to its peers.
a.s.r. again performed strongly in the Dow Jones Sustainability Index (DJSI). With a score of 79 points (2022: 82), it maintains its place in the DJSI World and Europe indices. At Sustainalytics, a.s.r. is the number 2 worldwide amongst insurers. A dedicated a.s.r. team continuously monitors developments regarding ESG research agencies and methodologies, interest from investors in the ESG benchmarks, and uses insights from ESG ratings to further improve and internalise sustainability in a.s.r.'s operations.
More information on a.s.r.’s ESG ratings can be found on www.asrnl.com.
| | Score low | Score high | 2023 | 2022 |
|---|---|---|---|---|
| Dow Jones Sustainability Index1 | 0 | 100 | 79 / #8 | 84 / #10 |
| MSCI | CCC | AAA | AA | A |
| Sustainalytics ESG Risk Rating | 100 | 0 | 9.6 / #2 | 9.1 / #1 |
| Carbon Disclosure Project | D- | A | B | B |
| Moody's ESG (former: Vigeo Eiris) | 0 | 100 | 62 / #6 | 65 / #7 |
| ISS Oekom | D- | A+ | C+ (prime) | C+ (prime) |
| FTSE4Good | 0 | 5 | 5.0 | 3.9 |
- 1 DJSI Europe Index: #6, DJSI World Index: #8