Aegon first-half earnings ahead of estimates, eyes Vivat bid
Posted on Thursday August 16, 2018

Aegon, the Dutch owner of U.S. insurer Transamerica Corp, reported a slightly better-than-expected underlying earnings of 1.06 billion euros ($1.21 billion) for the first half of 2018, helped by cost-cutting and better margins in the Netherlands. "The results demonstrate Aegon continued to execute on its plans of rationalising the franchise, taking out cost, and improving investment returns," analysts from Bernstein said. CFO Matt Rider said the company was making progress towards finishing a set of financial goals set in 2016 to achieve by 2018: 10 percent return on equity, 350 million euros in cost cuts and a focus on growing its fee-based businesses in pension and asset management.

Aegon reports strong first half 2018 results
Posted on Wednesday August 15, 2018

Regulatory News:

Aegon to divest its businesses in Czech Republic and Slovakia
Posted on Wednesday August 15, 2018

Aegon has agreed to sell its businesses in Czech Republic and Slovakia for EUR 155 million to NN Group. The transaction is consistent with Aegon’s strategic objective to optimize its portfolio and capital allocation across its businesses. “This divestment is a further step in rationalizing our geographical footprint and focusing our resources on our key markets”, said Alex Wynaendts, CEO of Aegon.

CORRECTING and REPLACING Aegon completes share buyback program
Posted on Friday August 10, 2018

Aegon has completed the share buyback program announced on June 20, 2018. Aegon’s roots go back almost 200 years – to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in more than 20 countries in the Americas, Europe and Asia.