AEGON 2008 Financial Statements Available
By Prne, Gaea News NetworkMonday, March 30, 2009
THE HAGUE, The Netherlands - AEGON N.V. has filed its Annual Report on Form 20-F for the year 2008
with the United States Securities and Exchange Commission (SEC).
The document is also posted on the company’s website
www.aegon.com, as is the Annual Report 2008 and the Annual Review
2008. The Corporate Responsibility Report 2008 will be available on the
website in the coming days. Hard copies of the documents may be obtained upon
request.
As an international life insurance, pension and investment company based
in The Hague, AEGON has businesses in over twenty markets in the Americas,
Europe and Asia. AEGON companies employ approximately 31,500 people and have
over 40 million customers across the globe.
Key figures 2008 2007
Underlying earnings
before tax EUR 1.57 billion EUR 2.64 billion
New life sales EUR 2.63 billion EUR 3.27 billion
Gross deposits EUR 40.75 billion EUR 44.53 billion
Revenue generating
investments
(At December 31) EUR 332 billion EUR 370 billion
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 certain
products to our consumers;
- 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.
Further details of potential risks and uncertainties affecting the
company are described in the company’s filings with Euronext Amsterdam and
the US Securities and Exchange Commission, including the Annual Report on
Form 20-F. These forward-looking statements speak only as of the date of this
document. Except as required by any applicable law or regulation, the company
expressly disclaims any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained herein to
reflect any change in the company’s expectations with regard thereto or any
change in events, conditions or circumstances on which any such statement is
based.
Group Corporate Communications & Investor Relations
Media relations Investor relations
Greg Tucker Gerbrand Nijman
+31(0)70-344-8956 +31(0)70-344-8305 or
+1-877-548-9668 - toll free USA only
E-mail: gcc-ir@aegon.com E-mail: ir@aegon.com
Website: www.aegon.com
Source: AEGON N.V.
Group Corporate Communications & Investor Relations: Media relations: Greg Tucker, +31(0)70-344-8956, E-mail: gcc-ir at aegon.com, Investor relations: Gerbrand Nijman, +31(0)70-344-8305 or +1-877-548-9668 - toll free USA only, E-mail: ir at aegon.com
Tags: Europe, Hague, Netherlands