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Stock impact report

UPDATE 1-European insurer shares fall as battle over dividends erupts [Reuters (UK)]

Aegon Ltd. New York Registry Shares (AEG) 
US:NYSE Investor Relations: aegon.com/investors
Company Research Source: Reuters
European insurer shares fall as battle over dividends erupts - Reuters 4 Min Read MUNICH/LONDON (Reuters) - Shares in Europe’s insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the coronavirus epidemic, although Germany backed Allianz’s decision to go ahead with a dividend. Shares of Dutch insurers NN Group ( NN.AS ) and Aegon ( AEGN.AS ) slumped around 10% while France’s CNP Assurances fell 7% and AXA ( AXAF.PA ) was down 4%. British insurers - which still need to follow EU insurance regulation during the Brexit transition period - also fell with Aviva ( AV.L ) and Prudential ( PRU.L ) down 4%. The European Insurance and Occupational Pensions Authority (EIOPA) said late on Thursday that it was essential to ensure insurers and reinsurers hold a “robust level” of reserves to protect policyholders and absorb potential losses. The move followed the European Central Bank telling banks last week to halt shareho Show less Read more
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