Cashflow forecasting burnley1/15/2024 ![]() ![]() Transamerica, Aegon's largest business, will further invest in its insurance distribution network World Financial Group (WFG), and will aim to increase earnings from its retirement business. ![]() This is a market segment that is relatively under-served by the financial services industry.". In a media call, Aegon's CEO Lard Friese told reporters: "There are 68 million households, which are called the so-called middle-market in the United States. ![]() It also sees untapped potential in the insurance market in the U.S, where it is present through its subsidiary Transamerica. ING in a note to clients said the "targets allude to wider ambitions", adding Aegon's management has consistently beaten its own forecasts.Īegon is refocusing its corporate structure and intends to raise investments in what it terms "strategic", higher return assets. It also projects a dividend per share of around 0.40 euros in 2025, from around 0.30 euros expected for 2023. The Dutch-listed insurer said it sees free cash flow of about 800 million euros ($878.96 million) in 2025, up from the 600 million it expects for 2023. June 22 (Reuters) - Transamerica owner Aegon (AEGN.AS) on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in the U.S and stepping up its strategy to invest in higher-return assets. ![]()
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