Aegon presented its US strategy, but with no major announcements. All 2018 financial targets were confirmed, including the dividend. The US business is crucial for the Dutch company, as it is the main contributor to underlying earnings and cash remittance to the holding. The entire group is undergoing a deep transformation, making it a technology-driven company. Such investments need time to produce results. We keep our figures and positive opinion on the insurer.
07 Dec 2018
Always the same recipe: cost savings and technology
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Always the same recipe: cost savings and technology
Aegon Ltd. (AEGN:WBO) | 0 0 -0.2% | Mkt Cap: 11,572m
- Published:
07 Dec 2018 -
Author:
Bassem Neifer -
Pages:
3
Aegon presented its US strategy, but with no major announcements. All 2018 financial targets were confirmed, including the dividend. The US business is crucial for the Dutch company, as it is the main contributor to underlying earnings and cash remittance to the holding. The entire group is undergoing a deep transformation, making it a technology-driven company. Such investments need time to produce results. We keep our figures and positive opinion on the insurer.