Netherlands · Delayed Price · Currency is EUR ASR Nederland Earnings Call Transcripts
Fiscal Year 2025
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Integration of Aegon NL completed, driving strong financial results and robust capital returns. OCC and operating profit grew double digits, solvency ratio reached 218%, and strategic acquisitions supported growth. Dividend and buybacks increased, with further M&A and buyout activity expected.
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Strong H1 2025 results with 22% rise in operating profit, 10% OCC growth, and a 203% Solvency II ratio. Pension and non-life segments delivered robust growth, integration of Aegon NL is nearly complete, and capital returns remain attractive.
Fiscal Year 2024
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Strong results with OCC nearing EUR 1.2 billion, operating result up nearly 50%, and Solvency II ratio at 198%. Integration of Aegon NL is on track, capital return remains robust, and commercial momentum is strong across all segments.
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Strong H1 2024 results with OCC up to EUR 658m, Solvency II ratio at 180% (196% pro forma), and robust growth across all segments, supported by Aegon NL integration. Premium increases and disciplined pricing drive non-life and health, while pension DC and annuity inflows support long-term targets.
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Ambitious medium-term targets include €1.35bn OCC by 2026, €2.5bn+ capital return, and strong organic growth in P&C, pensions, and fee-based businesses. Integration of Aegon Nederland is on track, with enhanced ESG and non-financial targets supporting a balanced growth and capital return strategy.