Aegon announced a net loss of €147m in H2 20 and the full-year net income stood at €55m. The sharp decline was affected by adverse fair value item movements (€1,150m). In terms of operating performance, the insurer posted positive figures. The H2 20 underlying earnings before tax reached €1,029m, up 7.1% yoy. Except for the UK, all business lines recorded a positive trend in their operating earnings. The Solvency II ratio was 196%. The proposed final dividend is €0.06/share.
11 Feb 2021
Solid recovery of operating earnings
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Solid recovery of operating earnings
Aegon Ltd. (AGN:AMS) | 0 0 0.0%
- Published:
11 Feb 2021 -
Author:
Bassem Neifer | Grégoire Hermann -
Pages:
3
Aegon announced a net loss of €147m in H2 20 and the full-year net income stood at €55m. The sharp decline was affected by adverse fair value item movements (€1,150m). In terms of operating performance, the insurer posted positive figures. The H2 20 underlying earnings before tax reached €1,029m, up 7.1% yoy. Except for the UK, all business lines recorded a positive trend in their operating earnings. The Solvency II ratio was 196%. The proposed final dividend is €0.06/share.