Report
Cor Kluis

Aegon : Marginally lower Q4 earnings, S2 ratio somewhat lower at 207%, CMD in Q2

>Conclusion: marginally lower 4Q22 operating earnings, Solvency 2 ratio lower - For 4Q22, we forecast a marginally lower operating pre-tax profit of € 408m in Q4 vs Q3 by qoq a marginally lower average stock market and a marginally lower average USD vs EUR. We expect a small decline of the Group Solvency 2 ratio to 207% end-4Q22 (212% end-3Q22) mostly driven by the voluntary US variable annuity reserving and a negative market effect on the NL S2 ratio. The gross cash ...
Underlying
Aegon NV

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Cor Kluis

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