AEGON earns 872 million in 2011, 50% less

AEGON has introduced bills this morning for the fourth quarter of 2011 and the full year.

The Dutch group concluded last year with a net profit of 872 million euros, 50% lower than 2010 earnings. The underlying profit before tax stood at 1.522 million, 17% less.

In his comunciado, the group emphasizes that has increased its solvency ratio to 195% and has an excess of capital total of 3,400 million euros.


AEGON CEO OF THE UNITED KINGDOM, THE BOARD OF MANAGEMENT GROUP

In addition, AEGON also announced today the appointment of Adrian Grace as a new member of its Board of Management, pending approval by the Dutch Central Bank. Grace has been for about a year, Chief Executive Officer (CEO) of the group’s operations in the UK, responsibility will continue to play.

The AEGON Management Board currently consists of Alex Wynaendts, CEO of the group, Jan Nooitgedagt (Financial Director), Mark Mullin (CEO for the Americas), Marco Keim (CEO for Holland) and Gábor Kepecs (CEO for Central and Eastern Europe East).

Source:AEGON

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