Aegon operating result rises 9% to EUR 804 million in 1H 2026

Aegon reported a better-than-expected 9% increase in first-half 2026 operating result to EUR 804 million, above the EUR 752 million analyst consensus median and EUR 741 million a year earlier. Net result edged up to EUR 608 million from EUR 606 million, while operating capital generation rose 27% to EUR 416 million. Free cash flow fell to EUR 392 million from EUR 442 million because remittances from Aegon UK are excluded following its planned GBP 2 billion sale to Standard Life. The insurer increased its 2026 share buyback by EUR 150 million to EUR 350 million, declared an interim dividend of EUR 0.21 per common share and said it remains on track to meet or exceed its financial ambitions. Cash Capital at Holding was EUR 1.66 billion, while the group solvency ratio declined to 169% and the U.S. RBC ratio to 420%, both still above their stated operating levels. Transamerica’s Individual Life sales rose 54%, and World Financial Group surpassed 100,000 licensed agents. Aegon selected New York City for its future head office, is targeting shareholder approval at an Extraordinary General Meeting on Oct. 8, 2026, and will undergo a senior management transition after Chief Financial Officer Duncan Russell steps down in April 2027.

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