Report
Cor Kluis

Aegon : Operating result marginally less by one-off higher mortality, Solvency better

>Conclusion: Result marginally less by one-off, Solvency better - The 3Q21 operational result was marginally less by one-off higher US mortality. The Covid death guidance of 100k death is USD -50m remains unchanged, and they expect that figure for Q4. The Solvency ratios were better than expected by the US and the UK. The variable annuity hedging for rates and equities have been done, and the take up rate is going good according to expectations. Aegon is a restructur...
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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