Report
Cor Kluis

Aegon : OCG better, solvency and FCF in line, cap release actions starting

>Conclusion: OCG better, solvency and FCF in line, cap release actions starting - We have brought our Aegon model over to IFRS17/9 and we estimate that the future IFRS17 net profit is in line to somewhat higher than the operating capital generation (OCG). For the 2Q23 results the Solvency was quite in line with expectations. The 2Q23 operating capital generation was better than we expected, and the FCF was in line. It was good to see that Aegon already did its first s...
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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