August 11
THE HAGUE, The Netherlands, August 11, 2011 -
Growth offset by unfavorable currency movements and anticipated exceptional charges
Underlying earnings before tax of EUR 401 million; growth offset by unfavorable currency movements
(EUR 44 million), higher provisioning for longevity in the Netherlands (EUR 23 million) and UK customer redress charges (EUR 14 million)
Net income amounts to EUR 404 million, supported by realized gains on investments
Return on equity of 8.0% in the first half year of 2011
Continuedstrongsales in fee-based businesses in line with strategic focus
Total sales[1] decline to EUR 1.3 billion, due mainly to unfavorable currency movements
New life sales total EUR 431 million; declines in the Americas and the UK following repricing of products
Gross deposits amount to EUR 6.7 billion, supported by strong variable annuity and pension deposits
Strong capital position and healthy cash flows
Excess capital of EUR 1 billion at the holding after full repurchase of core capital securities from Dutch State
IGD solvency ratio of ~200% reflection of strong capitalization
Capital base ratio of 73%; full repurchase of core capital securities partly offset by retained earnings
Operational free cash flow of EUR 283 million
Statement of Alex Wynaendts, CEO
"During the second quarter, we made solid progress in delivering on AEGON's key strategic priorities, not least of which was the completion of repayment to the Dutch State.
CAMARILLO, California, August 11, 2011 -
All amounts are in U.S.
LONDON, August 16, 2011 -
Preview of new MindManager 2012 product and Mindjet solution set, best-practice session and hands-on demonstration lab
WHAT:
The MindManager revolution continues with the launch this Autumn of the new MindManager 2012.
HELSINKI and BERGEN, Norway, August 11, 2011 -
Valkee (valkee.com), inventor of the world's first bright-light headset, and scientists from the University of Oulu will present new findings on human brain's photosensitivity at the Scandinavian Physiology Society Annual Meeting 2011, August 12-14.
LONDON, August 11, 2011 -
- A Comprehensive Bundle of IT Services for Growing SMBs -
Iconnyx unveils its Quick Start Cloud solution - a complete outsourced IT managed service powered by cloud-based systems - and wins its first Quick Start Cloud client Paragon Personnel.
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