UPDATE 3-European insurer shares fall as row breaks out over dividends [Reuters (UK)]
Aegon Ltd. New York Registry Shares (AEG)
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Source: Reuters
European insurer shares fall as row breaks out over dividends - Reuters 5 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 ) fell as much as 10% in early trade while France’s CNP Assurances fell 7%. British insurers - which still need to follow EU insurance regulation during the Brexit transition period - also fell with Aviva ( AV.L ) and M&G ( MNG.L ) closing down more than 6%. The European Insurance and Occupational Pensions Authority (EIOPA) said late on Thursday it was essential for insurers and reinsurers to hold a “robust level” of reserves to protect policyholders and absorb potential losses. Last week the European Central Bank told banks to halt shareholder payouts, and most major euro z
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AEG
Sec Filings
- 11/15/24 - Form 6-K
- 11/8/24 - Form SC
- 10/22/24 - Form SC
- AEG's page on the SEC website