Insurer profile
NN Životní pojišťovna N.V., branch for the Czech Republic
NN Životní pojišťovna N.V., branch for the Czech Republic · Czech Republic
Overview
NN is a leading life insurance and pension provider in the Czech Republic, entering the market in 1991/1992 as the first foreign insurer after the fall of communism. It operates as a branch of the Dutch NN Životní pojišťovna N.V. (part of NN Group N.V.) and, together with NN Penzijní společnost, holds a leading position in Czech life insurance with a 9.4% market share. It offers risk and investment life insurance, long-term care insurance, and supplementary pension savings.
Source8
Products in this market
Company details
- Parent group
- NN Group N.V.
- Regulator
- De Nederlandsche Bank (DNB) and the Dutch Authority for the Financial Markets (AFM) as home-state supervisors; the Czech branch is also supervised by the Czech National Bank (ČNB).
- Phone
- +420 244 090 800
- [email protected]
Products from NN Životní pojišťovna N.V., branch for the Czech Republic
Life5
NN Život – Risk Life Insurance
Modular risk life insurance covering death, disability, serious illness, accident, and hospitalisation for individuals and families.
NN Orange Risk – Premium Risk Life Insurance
Premium risk life insurance with guaranteed definitions of disability and long-term care, covering death, serious illness, disability, and long-term care with no administration fees.
NN Orange Invest – Investment Life Insurance
Unit-linked life insurance combining risk protection with investment in three fund strategies (conservative, balanced, dynamic index) at minimal cost.
NN Orange Bonus – Investment Life Insurance
Flexible investment life insurance offering risk protection with a savings component, replacing the legacy NN Blue product, with the option to return risk premiums every 10 years.
NN Orange Benefit – Investment Life Insurance
Investment life insurance combining death, disability, long-term care, and investment in one fully tax-deductible product.
Financial2
Supplementary Pension Savings (DPS)
State-supported supplementary pension savings with three fund options (conservative, balanced, growth), eligible for state contributions and tax deductions.
Pension Savings (Old-style – Transformed Fund)
Legacy pension savings product (transformed fund) with a capital guarantee, no longer open to new contracts but maintained for existing participants.
Regulatory updates
As an EEA branch, NN Životní pojišťovna N.V. is primarily regulated by the Dutch supervisor (DNB/AFM), while the Czech National Bank (CNB) exercises supplementary supervision in the Czech Republic. In April 2026, the CNB fined the affiliated NN Penzijní společnost CZK 10 million for improperly retaining approximately CZK 8.1 million in interest income belonging to clients on collection and payout accounts, and for insufficient internal control mechanisms and conflict-of-interest prevention; the CNB noted this was the company's first sanction and that fines up to CZK 20 million were possible. The company stated it respects the decision and will pay the fine within the statutory deadline. Separately, from August 2026 a legislative amendment addressing 'locked-in' supplementary pension savings clients took effect. No enforcement actions against the life insurance branch itself were publicly announced in this period.
