AEGON introduces new lines of business reporting
10
0
0
Texte intégral
(2) PREVIOUSLY ISSUED 2005 AND 2006 QUARTERLY RESULTS USING NEW LOB FORMAT EARNINGS OVERVIEW. UNAUDITED amounts in millions EUR. Operating earnings before tax by line of business Life and protection Individual savings and retirement products Pensions and asset management Institutional products Reinsurance Distribution General insurance Other Interest charges and other Operating earnings before tax Gains/(losses) on investments Impairment charges Other income/(charges) Share in profit/(loss) of associates Income before tax Income tax Minority interests Net income 1. EUR. First quarter. Second quarter. 2005 Third quarter. Fourth quarter. Full year. First quarter. Second quarter. 2006 Third quarter. Fourth quarter. Full year. 188 69 94 90 29 7 17 0 (64) 430 307 (10) 204. 212 46 177 80 21 1 18 (1) (79) 475 508 21 27. 305 134 113 108 30 (28) 10 1 (74) 599 201 8 22. 242 223 132 95 25 (15) 10 (6) (63) 643 141 (5) 24. 947 472 516 373 105 (35) 55 (6) (280) 2,147 1,157 14 277. 394 166 177 104 55 0 11 0 (80) 827 (32) 6 38. 326 162 106 83 42 4 23 (1) (65) 680 150 (31) (29). 256 111 159 76 26 2 13 1 (58) 586 348 (23) 39. 274 191 135 120 40 6 8 0 (39) 735 3 23 38. 1,250 630 577 383 163 12 55 0 (242) 2,828 469 (25) 86. 3 934 (256) (1) 677. 11. (2). 8. 20. 6. 7. 6. 1,042 (293) 2 751. 828 (213) 2 617. 811 (123) (1) 687. 3,615 (885) 2 2,732. 845 (215) 0 630. 777 (113) 0 664. 956 (277) 0 679. 13 812 4 0 816. 32 3,390 (601) 0 2,789. Net operating earnings. 306. 367. 455. 557. 1,685. 602. 480. 461. 685. 2,228. Net income in USD Net operating earnings in USD. 888 401. 948 464. 748 560. 819 673. 3,403 2,098. 758 725. 834 606. 866 592. 1,047 863. 3,505 2,786. Amounts per common share of EUR 0.12 Net operating earnings in EUR Net operating earnings fully diluted in EUR. 0.18 0.18. 0.17 0.17. 0.27 0.27. 0.33 0.33. 0.95 0.95. 0.36 0.36. 0.24 0.24. 0.26 0.26. 0.41 0.41. 1.27 1.27. Net operating earnings in USD Net operating earnings fully diluted in USD. 0.24 0.24. 0.21 0.21. 0.33 0.33. 0.40 0.40. 1.18 1.18. 0.43 0.43. 0.31 0.31. 0.33 0.33. 0.53 0.53. 1.60 1.60. Net income refers to net income attributable to equity holders of AEGON N.V.. 2 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. 1.
(3) AMERICAS. UNAUDITED amounts in millions USD. USD. First quarter. Second quarter. 2005 Third quarter. Fourth quarter. Full year. First quarter. Second quarter. 2006 Third quarter. Fourth quarter. Full year. Operating earnings before tax by line of business Life and protection Life Accident and health. 148 104. 169 94. 222 82. 168 65. 707 345. 163 88. 193 118. Individual savings and retirement products Fixed annuities Variable annuities Retail mutual funds. 54 27 0. 128 (52) (4). 128 30 0. 154 107 4. 464 112 0. 111 85 0. 134 52 2. Pensions and asset management. 34. 48. 34. 26. 142. 34. Institutional products Institutional guaranteed products BOLI / COLI. 98 20. 89 12. 116 16. 94 19. 397 67. 38 523 74 18 615 (191) 0 424. 26 510 48 41 599 (161) 2 440. 37 665 100 11 776 (225) 0 551. 30 667 77 (17) 727 (128) 0 599. 365. 381. 478. 492 257. 206 272. Reinsurance Operating earnings before tax Gains/(losses) on investments Impairment charges Income before tax Income tax Minority interests Net income Net operating earnings Standardized new premium production insurance Life single premiums Life recurring premiums annualized Life insurance products total recurring plus 1/10 single. 189 120. 196 91. 741 417. 87 42 (2). 145 87 5. 477 266 5. 46. 22. 37. 139. 109 16. 85 20. 81 17. 133 21. 408 74. 131 2,365 299 53 2,717 (705) 2 2,014. 66 672 7 (3) 676 (191) 0 485. 53 703 (126) (23) 554 (155) 0 399. 34 590 9 (16) 583 (139) 0 444. 52 767 82 27 876 (253) 0 623. 205 2,732 (28) (15) 2,689 (738) 0 1,951. 559. 1,784. 483. 496. 448. 551. 1,978. 311 249. 289 258. 1,298 1,036. 251 247. 269 255. 1,226 209. 456 318. 2,202 1,029. 306. 293. 280. 287. 1,166. 272. 282. 332. 363. 1,249. Life BOLI/COLI Reinsurance Standardized new premium production insurance. 190 43 73 306. 209 18 64 293. 200 15 66 280. 201 30 56 287. 800 106 259 1,166. 175 22 75 272. 179 14 89 282. 155 114 64 332. 224 52 87 363. 733 202 315 1,249. New premium production accident and health insurance. 237. 232. 231. 249. 949. 231. 241. 223. 258. 953. 391 740 898 3,177 5,206. 392 746 809 2,521 4,468. 445 750 1,155 2,893 5,243. 456 712 987 2,121 4,276. 1,684 2,948 3,849 10,712 19,193. 349 874 1,031 4,609 6,863. 317 890 899 2,160 4,266. 411 828 905 3,122 5,266. 292 804 1,181 2,610 4,887. 1,369 3,396 4,016 12,501 21,282. 1,584 472 1,602 1,485 5,143. 1,724 443 878 1,072 4,117. 2,333 412 80 1,356 4,181. 2,598 476 585 1,253 4,912. 8,239 1,803 3,145 5,166 18,353. 1,550 677 357 1,735 4,319. 2,345 802 499 1,330 4,976. 1,599 635 410 1,023 3,667. 7,134 662 376 1,195 9,367. 12,628 2,776 1,642 5,283 22,329. 2,383 4,761. 1,881 4,245. 2,512 5,226. 2,240 4,719. 9,016 18,951. 2,766 6,159. 2,230 4,505. 1,927 4,721. 2,376 9,744. 9,299 25,129. Gross deposits Fixed annuities Variable annuities Pensions Institutional guaranteed products Total production on balance sheet. Synthetic GICs Retail mutual funds Other managed assets Pensions Total production off balance sheet Total on and off balance sheet production Pensions Institutional guaranteed products. 3 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. Off balance sheet production.
(4) AMERICAS. UNAUDITED amounts in millions EUR. EUR. First quarter. Second quarter. 2005 Third quarter. Fourth quarter. Full year. First quarter. Second quarter. 2006 Third quarter. Fourth quarter. Full year. Operating earnings before tax by line of business Life and protection Life Accident and health. 113 79. 134 75. 180 68. 142 55. 569 277. 136 73. 153 94. Individual savings and retirement products Fixed annuities Variable annuities Retail mutual funds. 41 21 0. 100 (41) (3). 104 23 0. 127 86 3. 372 89 0. 92 71 0. 107 41 2. Pensions and asset management. 26. 38. 28. 22. 114. 28. Institutional products Institutional guaranteed products BOLI / COLI. 75 15. 70 10. 95 13. 79 16. 319 54. 29 399 56 14 469 (146) 0 323. 21 404 39 32 475 (128) 2 349. 30 541 81 9 631 (183) 0 448. 25 555 64 (13) 606 (109) 0 497. 278. 302. 389. 375 196. 168 215. Reinsurance Operating earnings before tax Gains/(losses) on investments Impairment charges Income before tax Income tax Minority interests Net income Net operating earnings Standardized new premium production insurance Life single premiums Life recurring premiums annualized Life insurance products total recurring plus 1/10 single. 148 94. 152 70. 589 331. 68 32 (2). 113 69 4. 380 213 4. 37. 17. 29. 111. 91 13. 67 16. 63 13. 104 16. 325 58. 105 1,899 240 42 2,181 (566) 2 1,617. 55 559 6 (3) 562 (159) 0 403. 42 559 (103) (18) 438 (122) 0 316. 26 459 9 (13) 455 (108) 0 347. 40 597 66 22 685 (198) 0 487. 163 2,174 (22) (12) 2,140 (587) 0 1,553. 463. 1,432. 402. 394. 349. 429. 1,574. 256 205. 243 216. 1,042 832. 209 205. 214 203. 978 163. 351 248. 1,752 819. 234. 231. 231. 240. 936. 226. 224. 261. 283. 994. Life BOLI/COLI Reinsurance Standardized new premium production insurance. 145 33 56 234. 165 15 51 231. 164 13 54 231. 168 25 47 240. 642 86 208 936. 146 18 62 226. 142 11 71 224. 120 91 50 261. 175 40 68 283. 583 160 251 994. New premium production accident and health insurance. 181. 184. 189. 208. 762. 192. 192. 174. 201. 759. 298 564 685 2,423 3,970. 311 591 643 2,008 3,553. 363 614 938 2,369 4,284. 380 597 825 1,800 3,602. 1,352 2,366 3,091 8,600 15,409. 290 727 857 3,833 5,707. 251 707 712 1,670 3,340. 324 646 706 2,435 4,111. 225 622 921 2,010 3,778. 1,090 2,702 3,196 9,948 16,936. 1,208 360 1,222 1,132 3,922. 1,364 352 707 856 3,279. 1,893 339 97 1,109 3,438. 2,149 397 499 1,050 4,095. 6,614 1,448 2,525 4,147 14,734. 1,289 563 297 1,442 3,591. 1,877 639 399 1,050 3,965. 1,243 495 320 789 2,847. 5,640 512 291 923 7,366. 10,049 2,209 1,307 4,204 17,769. 1,817 3,631. 1,499 3,372. 2,047 4,262. 1,875 3,949. 7,238 15,214. 2,299 5,122. 1,762 3,547. 1,495 3,678. 1,844 7,650. 7,400 19,997. Gross deposits Fixed annuities Variable annuities Pensions Institutional guaranteed products Total production on balance sheet. Synthetic GICs Retail mutual funds Other managed assets Pensions Total production off balance sheet Total on and off balance sheet production Pensions Institutional guaranteed products. 4 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. Off balance sheet production.
(5) THE NETHERLANDS. UNAUDITED amounts in millions EUR. EUR. 2005 Third quarter. Fourth quarter. Full year. First quarter. Second quarter. 2006 Third quarter. First quarter. Second quarter. Fourth quarter. Full year. (19) 8. (24) 20. 7. (10). 7. 11. 15. 4. 12. 14. 5. 35. 22. 87. 38. 53. 200. 90. 30. 101. 52. 273. 1. (4). 1. 5. 18. Operating earnings before tax by line of business Life and protection Life Accident and health Individual savings and retirement products Saving products Pensions and asset management Distribution General insurance Operating earnings before tax Gains/(losses) on investments Impairment charges Share in profit/(loss) of associates Income before tax Income tax Net income Net operating earnings Standardized new premium production insurance Life single premiums Life recurring premiums annualized Life insurance products total recurring plus 1/10 single New premium production accident and health insurance New premium production general insurance Gross deposits Saving deposits Total production on balance sheet. 8. 0. 46 5. 24 12. 27 45. 5. 176 5. 7. 58 12. 5. (15) 10. 29 7. 248 34. 10 36 234 (24) 0 246 (70) 176. 10 83 495 (10) 1 569 (144) 425. 4 101 142 (1) 0 242 (36) 206. 6 102 114 10 3 229 (22) 207. 30 322 985 (25) 4 1,286 (272) 1,014. 4 286 (70) 9 1 226 (28) 198. 13 130 260 (13) 2 379 (40) 339. 6 117 286 (9) 1 395 (113) 282. 3 101 (63) 1 3 42 179 221. 26 634 413 (12) 7 1,042 (2) 1,040. 29. 62. 85. 87. 263. 212. 85. 93. 162. 552. 395 37. 188 30. 216 22. 280 34. 1,079 123. 399 38. 229 27. 284 25. 336 33. 1,248 123. 77. 49. 44. 61. 231. 78. 50. 53. 67. 248. 4. 2. 2. 0. 8. 14. 12. 10. 10. 46. 11. 10. 9. 10. 40. 12. 8. 7. 6. 33. 859 859. 642 642. 1,038 1,038. 939 939. 3,478 3,478. 708 708. 662 662. 528 528. 503 503. 2,401 2,401. 478 478. 17 17. 220 220. 149 149. 864 864. 125 125. 9 9. 109 109. 165 165. 408 408. Other managed assets Total production off balance sheet. 5 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. Off balance sheet production.
(6) UNITED KINGDOM. UNAUDITED amounts in millions GBP. GBP. First quarter. Second quarter. 2005 Third quarter. Fourth quarter. Full year. First quarter. Second quarter. 2006 Third quarter. Fourth quarter. Full year. Operating earnings before tax by line of business Life and protection. 2. 0. 0. (1). 1. 0. 4. 5. 3. 12. Pensions and asset management. 32. 34. 33. 38. 137. 42. 35. 33. 35. 145. Distribution Operating earnings before tax Gains/(losses) on investments Impairment charges Other income/(charges) 1 Share in profit/(loss) of associates. (1) 33 2 0 8 0. 1 35 2 (1) 30 0. (20) 13 (1) 0 15 0. (7) 30 3 (1) 18 0. (27) 111 6 (2) 71 0. (5) 37 (2) 0 30 0. (1) 38 0 (1) (19) 0. 1 39 8 0 26 0. 1 39 5 0 24 1. (4) 153 11 (1) 61 1. Income before tax. 43. 66. 27. 50. 186. 65. 18. 73. 69. 225. Income tax attributable to policyholder return. (8). (30). (15). (18). (71). (19). 19. (27). (24). (51). Income before income tax on shareholders return. 35. 36. 12. 32. 115. 46. 37. 46. 45. 174. (10) 25. (8) 28. (1) 11. 2 34. (17) 98. (7) 39. (1) 36. (11) 35. 3 48. (16) 158. 24. 26. 12. 34. 96. 29. 36. 30. 44. 140. 626 81. 741 103. 808 89. 1,010 95. 3,185 368. 1,067 110. 1,350 147. 1,578 111. 1,661 122. 5,656 490. 144. 177. 170. 196. 687. 217. 282. 269. 288. 1,056. 65 15 80. 58 531 589. 107 171 278. 82 3 85. 312 720 1,032. 124 179 303. 99 127 226. 106 13 119. 105 55 160. 434 374 808. Income tax on shareholders return Net income Net operating earnings Standardized new premium production insurance Life single premiums Life recurring premiums annualized Life insurance products total recurring plus 1/10 single. 2. Off balance sheet production Retail mutual funds Other managed assets Total production off balance sheet 1. Included in other income/(charges) are charges made to policyholders with respect to income tax. There is an equal and opposite tax charge which is reported in the line Income tax attributable to policyholder return.. 2. Includes production on investment contracts without a discretionary participation feature of which the proceeds are not recognized as revenues but are directly added to our investment contract liabilities.. UNITED KINGDOM. UNAUDITED amounts in millions EUR. EUR. First quarter. Second quarter. 2005 Third quarter. Fourth quarter. Full year. First quarter. Second quarter. 2006 Third quarter. Fourth quarter. Full year. Life and protection. 2. 1. 0. (1). 2. 0. 6. 8. 6. 20. Pensions and asset management. 46. 51. 47. 56. 200. 61. 50. 48. 52. 211. Distribution Operating earnings before tax Gains/(losses) on investments Impairment charges Other income/(charges) 1 Share in profit/(loss) of associates. (1) 47 3 0 12 0. 1 53 3 (1) 43 0. (29) 18 (1) 0 22 0. (11) 44 4 (2) 27 0. (40) 162 9 (3) 104 0. (7) 54 (2) 0 43 0. (1) 55 (1) (1) (27) 0. 1 57 11 0 38 0. 1 59 8 0 36 1. (6) 225 16 (1) 90 1 331. Income before tax Income tax attributable to policyholder return Income before income tax on shareholders return Income tax on shareholders return Minority interest Net income Net operating earnings Standardized new premium production insurance Life single premiums Life recurring premiums annualized Life insurance products total recurring plus 1/10 single. 62. 98. 39. 73. 272. 95. 26. 106. 104. (12). (43). (22). (27). (104). (28). 28. (39). (36). (75). 50. 55. 17. 46. 168. 67. 54. 67. 68. 256. (14). (12). (3). 5. (24). (10). (2). (15). 3. (24). 0 36. (1) 42. 2 16. (1) 50. 0 144. 0 57. 0 52. 0 52. 0 71. 0 232. 34. 39. 17. 50. 140. 43. 53. 44. 65. 205. 903 118. 1,093 151. 1,179 130. 1,483 139. 4,658 538. 1,556 161. 1,964 214. 2,309 162. 2,478 183. 8,307 720. 209. 260. 248. 287. 1,004. 316. 410. 393. 431. 1,551. 94 22 116. 86 775 861. 156 249 405. 120 7 127. 456 1,053 1,509. 181 260 441. 144 185 329. 155 21 176. 157 83 240. 637 549 1,186. 2. Off balance sheet production Retail mutual funds Other managed assets Total production off balance sheet 1. 2. Included in other income/(charges) are charges made to policyholders with respect to income tax. There is an equal and opposite tax charge which is reported in the line Income tax attributable to policyholder return. Includes production on investment contracts without a discretionary participation feature of which the proceeds are not recognized as revenues but are directly added to our investment contract liabilities.. 6 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. Operating earnings before tax by line of business.
(7) OTHER COUNTRIES. UNAUDITED amounts in millions EUR. Operating earnings before tax by line of business. EUR. First quarter. Second quarter. 2005 Third quarter. Fourth quarter. Full year. First quarter. Second quarter. 2006 Third quarter. Fourth quarter. Full year. Life and protection Life Accident and health. 5 0. 5 1. 5 1. 10 0. 25 2. 3 1. 2 1. 10 1. 9 1. 24 4. Individual savings and retirement products Variable annuities Saving products Mutual funds. 0 0 0. 0 0 0. 0 0 0. 0 (5) 1. 0 (5) 1. 0 (1) 0. 0 (1) 1. 0 (1) 0. 1 (2) 1. 1 (5) 2. Pensions and asset management. 0. 1. 0. 1. 2. (2). (11). (7). 2. (18). General insurance. 7. 8. 6. 4. 25. 7. 10. 7. 5. 29. (1) 14 2 (16) 10 10 0 10. 1 13 5 0 (2) 16 (2) 14. (6) 5 1 0 5 11 (1) 10. (6) 44 12 176 16 248 (37) 211. 0 8 14 0 5 27 (7) 20. (1) 1 1 (1) 5 6 (2) 4. 1 11 0 0 5 16 (5) 11. 0 17 5 1 9 32 (31) 1. 0 37 20 0 24 81 (45) 36. 9. 11. 10. 5. 35. 4. (1). 6. (13). (4). 13 91. 7 190. 14 30. 94 44. 128 355. 107 55. 124 40. 112 38. 285 62. 628 195. 92. 191. 31. 54. 368. 66. 52. 49. 91. 258. Other Operating earnings before tax Gains/(losses) on investments Other income/(charges) Share in profit/(loss) of associates Income before tax Income tax Net income. 0 12 4 192 3 211 (34) 177. Net operating earnings Standardized new premium production insurance Life single premiums Life recurring premiums annualized Life insurance products total recurring plus 1/10 single New premium production accident and health insurance. 3. 1. 2. 1. 7. 2. 1. 2. 1. 6. New premium production general insurance. 6. 6. 7. 6. 25. 5. 6. 5. 7. 23. Gross deposits Variable annuities Total production on balance sheet. 1 1. 1 1. 1 1. 2 2. 5 5. 1 1. 2 2. 1 1. 2 2. 6 6. 18 6 86 110. 16 6 27 49. 15 7 57 79. 18 7 55 80. 67 26 225 318. 33 21 60 114. 30 20 57 107. 29 29 66 124. 6 13 95 114. 98 83 278 459. Off balance sheet production Retail mutual funds Other managed assets Pensions Total production off balance sheet. RECONCILIATION NET OPERATING EARNINGS TO INCOME BEFORE TAX. UNAUDITED amounts in millions. Net operating earnings Income tax on operating earnings Operating earnings before tax Net gains on investments Other income Net losses on investments Impairment charges Other charges Policyholder tax Share in profit/(loss) of associates Income before tax. EUR. First quarter. Second quarter. 2005 Third quarter. 306 124 430 308 192 (1) (10) 0 12 3 934. 367 108 475 540 (16) (32) 21 0 43 11 1,042. 455 144 599 223 0 (22) 8 0 22 (2) 828. Fourth quarter. Full year. First quarter. Second quarter. 2006 Third quarter. Fourth quarter. Full year. 557 86 643 198 0 (57) (5) (3) 27 8 811. 1,685 462 2,147 1,269 176 (112) 14 (3) 104 20 3,615. 602 225 827 (30) 10 (2) 6 0 28 6 845. 480 200 680 690 0 (540) (31) (1) (28) 7 777. 461 125 586 93 0 255 (23) 0 39 6 956. 685 50 735 211 2 (208) 23 0 36 13 812. 2,228 600 2,828 964 12 (495) (25) (1) 75 32 3,390. 7 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. EUR.
(8) GLOSSARY ON NEW LINES OF BUSINESS The description of each line of business provides general guidance to the reader but is not intended to be exhaustive and may change from time to time. Life and protection Included in the line life and protection are products with mortality, morbidity and longevity risks. Reported in life and protection are traditional life and universal life products, including endowment, term and whole life insurance products sold by AEGON Americas and AEGON The Netherlands. Also included are annuity products sold by AEGON The Netherlands and term insurance and annuity products sold by AEGON UK. Most of the business written by countries in the Other countries segment is also reported in this line with the exception of general insurance business sold by Hungary and pension business of the CEE countries and Spain. Accident and health business comprises products with morbidity risk like accidental death and dismemberment insurance, critical illness, cancer treatment, disability, income protection and long-term care insurance in the Americas, the Netherlands, the UK and Spain. Also included are sick leave products sold by AEGON The Netherlands. Individual savings and retirement products The line individual savings and retirement products includes products with no or insignificant longevity risk, primarily fixed and variable annuity products sold by AEGON Americas. The products are primarily in the accumulation phase but also includes immediate and pay-out annuities. In addition, the (long-term) saving products sold by AEGON The Netherlands and retail mutual fund sold by AEGON Americas and Hungary are included. Also included in this line are investment products sold by the Czech Republic and Taiwan. Pensions and asset management The line pensions- and asset management includes both individual and group pension business and 401(k) and similar products, typically sponsored by or obtained through an employer. It comprises products in the accumulation phase as well as in the pay-out phase. This line includes products sold by AEGON Americas’ by AEGON The Netherlands, AEGON UK’s individual and group pension business as well as the pension business of the CEE countries and Spain. In addition, asset management services provided to third parties are included in this line. Institutional products Institutional products includes earnings from spread-based products like Guaranteed Investment Contracts (GICs) and funding agreements sold by AEGON Americas which are marketed to institutional clients such as pension funds, retirement plans, college savings plans, money market funds. This line also includes synthetic GIC products. Institutional products also include bank- or corporate-owned life insurance (BOLI/COLI) sold to corporations as a method of funding employee benefit plans. Reinsurance The reinsurance line includes the business assumed by Transamerica Reinsurance of AEGON Americas. No changes have been made to what was previously reported in this line.. 8 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. divisions Diversified Investment Advisors and Transamerica Retirement Services, group pension products sold.
(9) Distribution Distribution includes commissions earned by independent financial advisors. in the Netherlands. (UnirobeMeeùs and Nedasco) and the UK (Positive Solutions, Origen). General insurance General insurance includes mainly automotive insurance, liability insurance, household insurance and fire protection. General insurance is sold in the Netherlands and Hungary. No changes have been made to what was previously reported in this line. Other Other is used to report any items which cannot be directly allocated to a specific line of business. No changes have been made to what was previously reported in this line. Interest charges and other Interest charges and other includes funding interest expenses and holding expenses. No changes have been. 9 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. made to what was previously reported in this line..
(10) ABOUT AEGON AEGON is one of the world’s largest life insurance and pension companies, and a strong provider of investment products. AEGON empowers local business units to identify and provide products and services that meet the evolving needs of customers, using distribution channels best suited to local markets. AEGON takes pride in balancing a local approach with the power of an expanding global operation. With headquarters in The Hague, the Netherlands, AEGON companies employ approximately 29,000 people worldwide. AEGON’s businesses serve millions of customers in over twenty markets throughout the Americas, Europe, and Asia, with major operations in the United States, the Netherlands and the United Kingdom. Respect, quality, transparency and trust constitute AEGON’s core values as the company continually strives to meet the expectations of customers, shareholders, employees and business partners. AEGON is driven to deliver new thinking with the ambition to be the best in the industry. Forward looking statements The statements contained in this press release that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, should, would, is confident, will, and similar expressions as they relate to our company. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. We undertake no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following: Changes in general economic conditions, particularly in the United States, the Netherlands and the United Kingdom; Changes in the performance of financial markets, including emerging markets, such as with regard to: The frequency and severity of defaults by issuers in our fixed income investment portfolios; and -. The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting decline in the value of equity and debt securities we hold; The frequency and severity of insured loss events; Changes affecting mortality, morbidity and other factors that may impact the profitability of our insurance products; Changes affecting interest rate levels and continuing low or rapidly changing interest rate levels; Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates; Increasing levels of competition in the United States, the Netherlands, the United Kingdom and emerging markets; Changes in laws and regulations, particularly those affecting our operations, the products we sell, and the attractiveness of Regulatory changes relating to the insurance industry in the jurisdictions in which we operate; Acts of God, acts of terrorism, acts of war and pandemics; Changes in the policies of central banks and/or governments; Litigation or regulatory action that could require us to pay significant damages or change the way we do business; Customer responsiveness to both new products and distribution channels; Competitive, legal, regulatory, or tax changes that affect the distribution cost of or demand for our products; Our failure to achieve anticipated levels of earnings or operational efficiencies as well as other cost saving initiatives; and The impact our adoption of the International Financial Reporting Standards may have on our reported financial results and financial condition.. CONTACT INFORMATION Group Corporate Affairs & Investor Relations The Hague, the Netherlands. Baltimore, the United States. Analysts & Investors. +31 (0)70 344 83 05. 877 548 9668 (toll free – USA only) / +1 410 576 45 77. Media. +31 (0)70 344 83 44. E-mail. gca-ir@aegon.com. Website. www.aegon.com. ir@aegonusa.com. 10 of 10. WorldReginfo - b0f70c84-fa81-47c3-beea-fe37a16c9638. certain products to our consumers;.
(11)
Documents relatifs
4 Effects of drought and air warming on root mass distribution (projected root area, cm 2 ) in four different soil layers, each 0.25 m deep, in either acidic (left) or calcareous
And as no value of activation energy was found in literature, because investigations accounting for the thermal effect on this specific material are inexistent, we have exploited
P PORTO02 UNIVERSIDADE DO PORTO Portugal Law Portugués - B1-Nivel Intermedio. I- Recomendado
Taken together, the patient studies on dementia that were done using behavioral measurements clearly showed evidence in favor of a cognitive reserve-enhancing effect of
We address health capital and its spill- over effects and briefly outline a research program dis- criminating between pathogenic (negative for health) and salutogenic (positive
Underlying earnings before tax by line of business Life insurance Accident & health insurance Life & protection Retirement plans Mutual funds Variable annuities Fixed annuities
Underlying earnings before tax by line of business Life Individual savings and retirement products Pensions Life reinsurance Non-life Distribution Asset Management Other
Underlying earnings before tax by line of business Life and protection Individual savings and retirement products Pensions and asset management Institutional products Life
