insurance

Less than 20 percent of the 873 thousand freelancers and self-employed in the Netherlands have insurance against occupational disability, according to figures by Statistics Netherlands and TNO. 70 percent of this group don't have insurance because they can't afford it. 

A quarter of this group say they can carry this risk by themselves and just over 20 percent can fall back on their partner's income. 14 percent don't have insurance because they don't trust insurers. This is especially common in the construction industry, according to the stats office.

The Dutch government made approximately 450 million euros by selling 20.4 million shares in former Fortis insurer ASR. The shares were sold for 22.15 euros each, NLFI announced on Friday, ANP reports.

The NLFI is the foundation that manages the Dutch government's shares in financial institutions.

With the sale of 20.4 million shares on Thursday, the government's share of ASR reduced from 63.7 percent to 50.1 percent. the government plans to further reduce its share in ASR, but has to wait at least 90 days before another transaction can happen.

Dutch insurers are not allowed to automatically increase insurance premiums of customers by more than 10 percent, Dispute Committee Kifid ruled in two cases. If the increase is more than 10 percent, the insured must sign that he or she agrees to it

Achmea will have to increase their premiums, the management said in a press release with their half-year figures. According to the insurer, this "unavoidable" premium increase is necessary to absorb higher damages caused by climate change

Premiums on car insurance in the Netherlands are increasing rapidly this year, according to research done by comparison site Independer. Liability insurance in particular saw a massive premium hike recently

At least 11 million euros in damage was caused to people’s homes and cars on New Year’s Eve, the Dutch Association of Insurers reported on Monday. The damage estimate is down by two million compared to a year earlier, and is a far cry from the tally eight years ago, when insurers shelled out nearly 24.5 million for various mishaps.

A tour of five major insurance companies in the Netherlands has revealed that if you ride a Vespa scooter in Amsterdam, chances are it will be stolen. The scooter brand and the city dubbed “Not a happy marriage”. According to one of the insurers, “95 percent of all Vespa’s in Amsterdam are reported stolen within five years”, reports Parool.

The parent company of retailers Dixons, MyCom and iCentre were declared bankrupt on Tuesday, with the administrator wanting to halt any further accumulation of debt. Together, the parent firm of the retailers employs 1,200 people in the Netherlands, including 650 at Dixons, 350 at MyCom and 190 at iCentre.

Currently, employers have to pay their workers when they take medical leave because of an injury they get outside of their job. This should not be the financial responsibility of employers, argues the VVD, but rather employees should purchase insurance to cover them in case of an accident.

Insurance giant Nationale-Nederlanden (NN) is dismissing its temporary workers in expectation of the new job security law, according to Volkskrant. The law that comes into force July 1 will provide greater job security to temporary employees. Previous incident of supposed law circumvention involved one of the largest Dutch banks, ING.

The occupation of the Maagdenhuis will cost the University of Amsterdam an estimated 460 thousand euros, according to the first assessment of the Facility Services, Folia reports.