Aegon: improves H1 underlying result

(CercleFinance.com) - Aegon has published H1 2018 net income that has almost halved (-46%) to 491 million euros, although its underlying income is up 2% at 1064 million euros (+10% at constant exchange rates).


The Dutch insurance company explains that this improvement in underlying earnings is due to cost savings, a higher investment margin in the Netherlands, performance fees and growth in Asia.

Our balance sheet remains strong, with a solvency ratio of 215%, up significantly over six months, commented CEO Alex Wynaendts, who also announced an increase in the interim dividend to 14 cents per share, in addition to confirming his confidence in the group's 2018 targets.


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