Aegon: stock up after its quarterly results
(CercleFinance.com) - Aegon shares are up nearly 5% in Amsterdam, in demand after the insurer reported a 5% increase in adjusted operating capital generation in Q1, to E292m.
The Dutch group says that the increase reflects business growth, an improvement in terms of claims, as well as a reduction in expenses, as it continues to make progress in its transformation program.
In particular, Aegon announced strong sales growth in its strategic assets business in the US, workplace business in the UK and life insurance in China and Brazil, as well as an increased solvency II ratio of 210%.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The Dutch group says that the increase reflects business growth, an improvement in terms of claims, as well as a reduction in expenses, as it continues to make progress in its transformation program.
In particular, Aegon announced strong sales growth in its strategic assets business in the US, workplace business in the UK and life insurance in China and Brazil, as well as an increased solvency II ratio of 210%.
Copyright (c) 2023 CercleFinance.com. All rights reserved.