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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Aegon Ltd | NYSE:AEG | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.07 | 1.14% | 6.20 | 6.26 | 6.16 | 6.24 | 2,328,756 | 01:00:00 |
From Apr 2019 to Apr 2024
By Maarten van Tartwijk
AMSTERDAM - Dutch life insurer and pension provider Aegon NV Thursday reported a 43% rise in second quarter net profit, largely as a result of investment gains and lower impairments.
Aegon, which gets most of its earnings from the U.S., said net profit was EUR343 million ($458 million), up from EUR240 million in the same period a year earlier. Underlying profit, which strips out investment results and other volatile items, was EUR514 million, a 7% rise compared with last year.
The Dutch company said it will propose to pay shareholders an interim dividend of EUR0.11 a share.
Like other European insurers, Aegon is shoring up its balance sheet and boosting its capital base as it prepares for the implementation of the so-called Solvency II regime. The company has divested EUR2.4 billion worth of assets since 2010 and is currently considering the sale of assets in Canada and France.
Write to Maarten van Tartwijk at Maarten.VanTartwijk@wsj.com.
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