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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 | |
|---|---|---|---|---|---|---|---|---|
| 0.02 | 0.30% | 6.73 | 101 | 13:00:17 |
From May 2019 to May 2024
By Ian Walker
Dutch insurance firm Aegon NV (AGN.AE) reported Friday a 20% rise in fourth-quarter net profit on a 38% jump in sales due to a stronger U.S. dollar, higher asset-management deposits and increased indexed universal life sales.
The multinational life-insurance, pensions and asset-management company headquartered in The Hague, Netherlands, said it was well on track to achieve targeted cost savings, particularly in the U.S.
For the quarter ended Dec. 31, the company made a net profit of 478 million euros ($531.0 million), compared with EUR399 million, on sales of EUR2.91 billion ($3.23 billion) and EUR2.12 billion, respectively.
The company's solvency II ratio, a measure of financial stability, stood at 160% on Dec. 31. The solvency ratio is a measure of risk an insurer faces of claims it cannot absorb.
The company increased the final dividend to EUR0.13 (US$0.14) a share, bringing the total payout to EUR0.25, a 9% increase over 2014.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
February 19, 2016 02:08 ET (07:08 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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