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Stock impact report

Aegon reports second half 2018 results

Aegon Ltd. New York Registry Shares (AEG) 
US:NYSE Investor Relations: aegon.com/investors
Company Research Source: Business Wire
THE HAGUE, Netherlands--(BUSINESS WIRE)-- Net income declines to EUR 253 million reflecting unfavorable market movements and other charges Underlying earnings decrease by 8% to EUR 1,010 million, as lower Retirement Plans earnings in the US more than offset business growth and higher margins in Europe, and expense savings Fair value losses of EUR 257 million mainly driven by unfavorable market movements in the US, which are partly offset by positive real estate revaluations and hedging gains in the Netherlands and the UK Other charges of EUR 581 million, mostly due to the previously announced legal settlement in the US and book loss on the divestment of the last block of US life reinsurance business as well as model & assumption changes in the Netherlands, and restructuring expenses Return on equity increases to 10.2% resulting from lower taxes, Show less Read more
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