Aegon studies loss in first-half outcomes

Worldwide monetary providers group Aegon has printed its monetary outcomes for the primary half of 2023.

In response to the Netherlands-headquartered enterprise, it posted a web loss value €199 million within the interval. Throughout the identical half-year span in 2022, the group loved a optimistic web results of €46 million.

Lifting the lid on the numbers, chief govt Lard Friese stated: “Our working consequence elevated by 3% in contrast with the identical interval in 2022, and displays improved ends in all insurance coverage items whereas asset administration was negatively impacted by a difficult market atmosphere.

“Our web consequence was a lack of €199 million, and displays beforehand introduced objects within the US that can place us effectively for future progress. Our working capital technology was robust, pushed largely by our US enterprise. The capital ratios of our most important items remained above their respective working ranges within the first half of 2023.

“These outcomes present a stable foundation to lift the interim dividend by 3 eurocents in contrast with the 2022 interim dividend to 14 eurocents per share.”

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