Aegon’s Q1 17 sales reached €3,942m (+10.7% yoy). New Life sales were down by 7.5% to €246m. The market-consistent value of new business amounted to €172m, +29.3% yoy. Gross deposits increased 12.9% to €33,969m but an outflow was recorded of €6,003m. Q1 17 underlying earnings before tax improved by 5.6% to €488m. Realised gains on investments totalled only €76m. In Q1 17, operating expenses increased by 2.3% to €983m. The loss from fair value item
17 May 2017
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Aegon Ltd. (AEGN:WBO) | 0 0 -0.2% | Mkt Cap: 11,572m
- Published:
17 May 2017 -
Author:
Bassem Neifer -
Pages:
3
Aegon’s Q1 17 sales reached €3,942m (+10.7% yoy). New Life sales were down by 7.5% to €246m. The market-consistent value of new business amounted to €172m, +29.3% yoy. Gross deposits increased 12.9% to €33,969m but an outflow was recorded of €6,003m. Q1 17 underlying earnings before tax improved by 5.6% to €488m. Realised gains on investments totalled only €76m. In Q1 17, operating expenses increased by 2.3% to €983m. The loss from fair value item