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Stock impact report

UPDATE 1-Dutch-based insurer Aegon's shares dive after weak earnings [Reuters (UK)]

Aegon Ltd. New York Registry Shares (AEG) 
US:NYSE Investor Relations: aegon.com/investors
Company Research Source: Reuters
UPDATE 1-Dutch-based insurer Aegon's shares dive after weak earnings - Reuters 3 Min Read * Shares fall 9%, down 20% in past year * Weak earnings buck trend among US life insurers * Departing CEO says low rate environment challenging (Updates after shares fall. Adds quote, details.) By Toby Sterling AMSTERDAM, Feb 13 (Reuters) - Dutch-based insurer Aegon on Thursday reported a bigger than expected fall in underlying pretax profit for the second half of 2019, prompting a sell-off in its shares. The miss by the company, which does most of its business in the United States under the Transamerica brand, follows first-half earnings that also disappointed investors with a worse-than-expected solvency ratio. The measure is closely watched as an indicator of an insurer’s ability to return cash to investors. Shares fell 9% to 3.62 euros at 0910 GMT, increasing their loss over the past 12 months to around 20%, compared with a 17 percent rise for the benchmark Amsterdam AEX index. Major U.S. lif Show less Read more
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