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Insurance Asset News
ALM & Capital

Aegon operating capital generation reaches €1.28bn in 2023

By IAN Editorial Desk
1 March 2024·Updated 26 September 2026·1 min read
Primary source: aegon.com

Aegon posted a full-year net loss of €199 million despite the operating capital generation exceeding initial guidance.

Aegon's operating capital generation from its units reached €660 million in the second half of 2023, taking the full-year total to €1,280 million and exceeding the initial guidance for the year. The company said the result reflected strong performance at Transamerica in the US, its UK workplace business and its joint venture in Brazil.

The group reported a net result…

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