Aegon's life and protection earnings leapt by 83% in the first half of the year while its sales grew by 8% compared to the same period in 2009.
And COVER has also learned that the provider expects to reveal its future in the UK protection market by the end of September, having announced a review of the whole of its UK operation in June. Its life and protection second quarter earnings fell 17% to £15m from £18m in the first quarter of 2010, but this first half total of £33m, up from £18m during the first six months of last year is a growth of 83%. And new life sales for the quarter grew 12% on the previous three months to £263m (£235m), with the overall figure of £498m being an 8% gain on last year (£436m). Overall, UK earn...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
