Aegon : Running-off TLB and VA themselves, earnings somewhat less, S2 in line
>Conclusion: Running-off TLB and VA themselves, earnings some less - Aegon has decided to the Asia TLB and US VA run-off themselves, instead of selling it, thereby releasing $ 300m in capital, thereby keeping the capital generation themselves and they made the VA capital generation less volatile for equity markets. However, now they will not get a more material capital release to return back to shareholders, but with the € 1.5bn (15% of market cap) planned SBB/capital...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.