Aegon reports strong net income in Q4 2016 - Re/Insurance groups - Insurance statistics -...

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Re/Insurance groups

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Aegon reports strong net income in Q4 2016

CEO Alex Wynaendt's full statement

"During 2016, we made good progress in the execution of our strategy by growing our business, realizing major expense savings and increasing our returns.

"At the same time, we continued to invest in our digital transformation and enhance the customer experience.

"I am especially pleased that we concluded the year with strong fourth quarter earnings, which increased as a result of successful expense reductions, improved claims experience and growth in fee-based revenues.

"Our group capital position remained stable throughout the year despite significant volatility in financial markets, political uncertainty and regulatory changes.

"In line with our target to return capital to shareholders, we are today announcing a final dividend of 13 cents per share.

"Looking ahead, I am confident that the actions we are taking as a management team will enable us to deliver on our promises to all stakeholders."  Read the full story

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Published on 22.02.2017

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