Thursday, May 14, 2009
Aegon Slips To 1Q Loss, Cost Reductions On Track
Dutch life insurance and pensions provider Aegon NV (AEG) said Thursday it was on track to deliver the company's targeted cost reductions in 2009 and that it had released additional capital despite falling to a net loss in the first quarter.
The company made a net loss of EUR173 million compared with a net profit of EUR153 million in the first quarter of 2008, pressured in part by fresh write-downs on mortgage securities...
WSJ: Aegon Slips To 1Q Loss, Cost Reductions On Track (Subscription required)
The company made a net loss of EUR173 million compared with a net profit of EUR153 million in the first quarter of 2008, pressured in part by fresh write-downs on mortgage securities...
WSJ: Aegon Slips To 1Q Loss, Cost Reductions On Track (Subscription required)
Permalink posted by markw @ 7:48 AM 
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