Aegon’s Q1 16 sales reached €3,560m (+35.6% yoy). New Life sales were down by 11% to €266m. The market-consistent value of new business amounted to €133m, -5% yoy. Gross deposits increased 50.6% to €30,078m and net deposits followed the same positive trend and stood at €7,615m (+4.8% yoy). Q1 16 underlying earnings before tax improved by 6.9% to €462m. Realised gains on investments totalled only €54m. In Q1 16, operating expenses increased by 6.4% to &
12 May 2016
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Aegon Ltd. (AEGN:WBO) | 0 0 -0.2% | Mkt Cap: 11,572m
- Published:
12 May 2016 -
Author:
Bassem Neifer -
Pages:
3
Aegon’s Q1 16 sales reached €3,560m (+35.6% yoy). New Life sales were down by 11% to €266m. The market-consistent value of new business amounted to €133m, -5% yoy. Gross deposits increased 50.6% to €30,078m and net deposits followed the same positive trend and stood at €7,615m (+4.8% yoy). Q1 16 underlying earnings before tax improved by 6.9% to €462m. Realised gains on investments totalled only €54m. In Q1 16, operating expenses increased by 6.4% to &