Report
Cor Kluis

Aegon : Q1 solvency and cash in line, OCG and sales somewhat better

>Conclusion: Solvency and cash in line, OCG and sales somewhat better - The Solvency of Aegon was in line and the cash position was in line. The OCG capital generation and sales were somewhat better. Aegon is a restructuring story so less driven by Q-results, we a positive CMD on 22nd of June and a € 1.5bn SBB (17% of market cap) starting from 3Q23.Solvency in line with US and UK marginally better and NL less - In 1Q23 the group S2 ratio was 210% vs o...
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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