Aegon : Balance sheet resilient despite a decline in solvency in the US
>Underlying earnings below forecasts - Yesterday morning, Aegon published its Q1 2020 results. Note that under normal circumstances the group does not published Q1 or Q3 results, but has decided to report a number of items given the crisis. Underlying earnings before tax were € 366m (28% below half of H1 2019 underlying earnings), below forecasts (consensus of € 499m and our estimate of € 401m). Underlying earnings were notably impacted by: 1/ a deterioration in morta...AEGON is a holding company. Through its subsidiaries, Co. provides life insurance and pensions operations in more than 20 countries in the Americas, Europe and Asia and is also active in savings and asset management operations, accident and health insurance, general insurance and to a limited extent banking operations. Co. operates through the following segments: the Americas (which includes the U.S.A., Mexico and Brazil); the Netherlands; the United Kingdom; Central & Eastern Europe; Spain and Portugal; Asia and Aegon Asset Management.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.