Aegon UK announces record six months

Operating earnings have grown to £93m, a 23% increase on the same period last year while new business volumes have hit £78m, a 48% increase on the first six months of 2006. Net operating earnings for the second quarter rose 89% on the same period last year to £68m. New business for Aegon UK’s life and pensions businesses reached £606m, an increase of 21% over 2006. The provider bases the figure on new annual premiums plus one-tenth of new single premiums (API). New business volumes for the second quarter rose 26% to £39m, an £8m rise on the same period last year. The internal rate of...