Nearly all shareholders of Shell voted against a resolution by action group Follow This on Tuesday. The resolution called on Shell to impose stricter environmental targets. Almost 95 percent of the cast votes were against the resolution, ANP reports.
Dutch insurer Nationale-Nederlanden (NN) teamed up with Vodafone to launch a new service called Bundelz - a prepaid car insurance. Bundelz provides car insurance for 1,000 kilometers at a time. After that distance, a new bundle is automatically purchased, AD reports.
Bundelz is intended for motorists who don't drive much - on average less than 100 kilometers per week and less than 7,500 kilometers per year. A bundle covering only liability insurance wil cost around 50 euros, and an all-risk bundle 70 euros. They remain valid for a year.
Six of the ten large Dutch insurers still invest in companies that supply arms and weapons systems to Saudi Arabia, according to peace organization Pax in its Fair Insurance Guide. According to the organization, by investing in these companies, the Dutch insurers are violating human rights in Yemen, NOS reports.
Delta Lloyd is being acquired by NN Group. The insurance companies came to an agreement on a takeover amount of 2.5 billion euros, the largest takeover in the Dutch insurance industry ever, the Volkskrant reports.
Dutch bank ING has benefited from the recovery of the Dutch economy, showing a 14 percent increase in its profits over the past year. On Wednesday ING reported pofits of 1.06 billion euros for the third quarter, this being up from 928 million euros last year. Profits were aided by the 25.8 percent interest still held in former insurance subsidiary NN.
Small and medium sized enterprises in the Netherlands now have a new opportunity to get a loan - the Netherlands Investment Institution has opened its Commercial Loan Fund, which has about 1 billion euros available to issue loans to SMEs.
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.
Insurer NN Group (Nationale-Nederlanden) is the new sponsor of the Rotterdam Marathon. The organisation of the marathon has singed a three year sponsorship agreement with the company. The 35th Rotterdam Marathon will be held on April 12th, 2015.