Aegon : Better results, stronger solvency, variable annuity exit can take some time
>Conclusion: Better result, stronger solvency, VA exit can take some time - The 1Q22 operating results were somewhat better than expected by AAOB driven mainly by asset management and the US. The end 1Q22 Solvency ratios were better than expected across the board, and especially the better NL Solvency ratio is a positive development. The additional insight into the variable annuity business showed that this business is clearly better now than it was in the past. Aegon...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.
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