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Stock impact report

Aegon reports first half 2019 results

Aegon Ltd. New York Registry Shares (AEG) 
US:NYSE Investor Relations: aegon.com/investors
Company Research Source: Business Wire
THE HAGUE, Netherlands--(BUSINESS WIRE)--Regulatory News:Net income increases to EUR 618 million reflecting realized gains and lower other charges? Underlying earnings decrease by 5% to EUR 1,010 million, reflecting lower fee income as a result of lower average asset balances in the US, and investments in the business to support growth? Fair value losses of EUR 394 million, driven by a strengthening of insurance provisions in the Netherlands as a result of adverse credit spread movements? Realized gains on investments of EUR 275 million, driven by the sale of bonds to optimize the investment portfolio in the Netherlands? Other charges of EUR 93 million include EUR 64 million model & assumption changes, mainly in the US? Return on equity declines to 9.6% due to lower net underlying earningsNet outflows of EUR 2.7 billion despite higher gross deposits? Net outflows of EUR 2.7 billion driven by contract discontinuances in US Retirement Plans as well as outflows in the US annuities bu Show less Read more
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