NN Group, an insurance and investment management company, agreed to acquire ABN Amro Levensverzekering, a life insurance subsidiary, for $287m. "This transaction is in line with our strategy to achieve further efficiencies by leveraging our existing closed book capabilities. We are pleased to continue our successful collaboration with ABN AMRO Bank and look forward to further supporting AAV’s growth strategy in non-life insurance," Leon van Riet, NN Group CEO Netherlands Life & Pensions.