Latest news with #Holding
Sydney Morning Herald
5 days ago
- Sport
- Sydney Morning Herald
Why this could be Australia's final Test tour of the West Indies
Three days out from Saturday's day-night Test in Kingston, Australia's bowlers ran in from the Michael Holding end at Sabina Park as they fine-tuned their preparations. Holding, who claimed 249 Test wickets at 23.68, will not be in Jamaica at the match. He has no desire to be. 'To be honest, I have moved on from cricket,' Holding said. 'The authorities are doing whatever they feel like irrespective of what anyone says, so I see no need to continue beating my head against a stone wall. I don't even watch the games any more, so I'm sorry, but I can't help you.' Holding's words echo a broader disillusionment across the Caribbean – a region where Test cricket's relevance has sharply declined amid the rise of T20 leagues and shifting priorities. Signs of the game's diminishing footprint are everywhere. Attendances for the Barbados and Grenada Tests were modest, with the vast majority of fans flying in from Australia. Many made the pilgrimage believing it could be the last opportunity to witness a West Indies Test tour against Australia on home soil. Among locals, enthusiasm for Test cricket has waned. When this masthead arrived in Kingston, a taxi driver proudly shared his plans to attend 'the match on the 20th'. He was unaware the third Test was scheduled for July 12-16. The game he had in mind was a T20 fixture to follow the Test series. Holding's indifference about the state of the game is juxtaposed to the frustration of another legendary West Indian fast bowler in Andy Roberts. 'It would be a shame if the West Indies were barred from playing at the highest level because they were struggling at the moment,' Roberts said. 'All teams go through these types of situations, granted that West Indies is not doing too much to get back to the highest level of cricket. They're more focusing on the money and that will be the end of cricket. 'I think that something needs to be done for the future of cricket to maintain the highest standards. T20 is damaging Test cricket. Look at Australia. Their batting is weak. If Australia met a decent West Indian team now, they would get beat.' Competitiveness is another factor influencing Australia's desire to tour. Between 1980 and 1995, the West Indies didn't lose a Test series – a remarkable streak spanning 29 campaigns. Since April 1999, they've only beaten Australia twice. The home side had chances to claim victories in both Barbados and Grenada, but fragile batting cost them dearly. 'We've shown our desire to continue to play Test cricket, both here and abroad,' Cricket Australia chief executive boss Todd Greenberg told this masthead before the West Indies series. 'That's pretty well evidenced by the fact we're playing three Tests in the West Indies. It's a complex calendar, the global calendar of bilateral cricket. 'The next ICC meeting is scheduled for July [in Singapore], so I'd be hoping for some more clarity about [the Futures Tour Program].' Roberts, however, believes the odds are stacked against his team and that the ICC and West Indies Cricket have not done enough to lift the struggling giant. Loading 'I can bet you, if it were one of the top-tier teams, whether it was England, India or Australia going through the period that the West Indies has gone through, they would be given a helping hand to come in and assist them,' Roberts said. 'We need administrators who played cricket. We have dug a grave for ourselves because we don't have the people who played the game at the highest level administering the game and around the game.' If this is indeed Australia's last Test tour of the West Indies, it will stand as a quiet warning that even the game's most iconic contests are not immune to cricket's shifting tides.
The Age
5 days ago
- Sport
- The Age
Why this could be Australia's final Test tour of the West Indies
Three days out from Saturday's day-night Test in Kingston, Australia's bowlers ran in from the Michael Holding end at Sabina Park as they fine-tuned their preparations. Holding, who claimed 249 Test wickets at 23.68, will not be in Jamaica at the match. He has no desire to be. 'To be honest, I have moved on from cricket,' Holding said. 'The authorities are doing whatever they feel like irrespective of what anyone says, so I see no need to continue beating my head against a stone wall. I don't even watch the games any more, so I'm sorry, but I can't help you.' Holding's words echo a broader disillusionment across the Caribbean – a region where Test cricket's relevance has sharply declined amid the rise of T20 leagues and shifting priorities. Signs of the game's diminishing footprint are everywhere. Attendances for the Barbados and Grenada Tests were modest, with the vast majority of fans flying in from Australia. Many made the pilgrimage believing it could be the last opportunity to witness a West Indies Test tour against Australia on home soil. Among locals, enthusiasm for Test cricket has waned. When this masthead arrived in Kingston, a taxi driver proudly shared his plans to attend 'the match on the 20th'. He was unaware the third Test was scheduled for July 12-16. The game he had in mind was a T20 fixture to follow the Test series. Holding's indifference about the state of the game is juxtaposed to the frustration of another legendary West Indian fast bowler in Andy Roberts. 'It would be a shame if the West Indies were barred from playing at the highest level because they were struggling at the moment,' Roberts said. 'All teams go through these types of situations, granted that West Indies is not doing too much to get back to the highest level of cricket. They're more focusing on the money and that will be the end of cricket. 'I think that something needs to be done for the future of cricket to maintain the highest standards. T20 is damaging Test cricket. Look at Australia. Their batting is weak. If Australia met a decent West Indian team now, they would get beat.' Competitiveness is another factor influencing Australia's desire to tour. Between 1980 and 1995, the West Indies didn't lose a Test series – a remarkable streak spanning 29 campaigns. Since April 1999, they've only beaten Australia twice. The home side had chances to claim victories in both Barbados and Grenada, but fragile batting cost them dearly. 'We've shown our desire to continue to play Test cricket, both here and abroad,' Cricket Australia chief executive boss Todd Greenberg told this masthead before the West Indies series. 'That's pretty well evidenced by the fact we're playing three Tests in the West Indies. It's a complex calendar, the global calendar of bilateral cricket. 'The next ICC meeting is scheduled for July [in Singapore], so I'd be hoping for some more clarity about [the Futures Tour Program].' Roberts, however, believes the odds are stacked against his team and that the ICC and West Indies Cricket have not done enough to lift the struggling giant. Loading 'I can bet you, if it were one of the top-tier teams, whether it was England, India or Australia going through the period that the West Indies has gone through, they would be given a helping hand to come in and assist them,' Roberts said. 'We need administrators who played cricket. We have dug a grave for ourselves because we don't have the people who played the game at the highest level administering the game and around the game.' If this is indeed Australia's last Test tour of the West Indies, it will stand as a quiet warning that even the game's most iconic contests are not immune to cricket's shifting tides.
Kuwait Times
15-06-2025
- Business
- Kuwait Times
KIPCO Group companies organize blood donation drive on World Donor Day
KUWAIT: Employees give blood as part of Kuwait Projects Company's donation drive in collaboration with the Kuwait Central Blood Bank. KUWAIT: For the second consecutive year, Kuwait Projects Company (Holding) - KIPCO, Kamco Invest, United Real Estate Company (URC), and United Facilities Management (UFM) came together to organize a blood donation drive in collaboration with the Kuwait Central Blood Bank, under the theme "Be the Reason". The campaign reflects a powerful message that by choosing to donate blood, each individual has the power to be the reason someone heals, survives, or finds renewed hope. This initiative was held in occasion of World Blood Donor Day, which takes place annually on June 14. Building on the success of last year's campaign, this initiative reflects the group's continued dedication to corporate social responsibility and collective action that delivers sustainable community impact. Hosted at the Chairman's Club on the 54th floor of KIPCO Tower, the drive witnessed strong engagement from employees across all participating companies, reinforcing a shared culture of collaboration and social solidarity. The initiative aligns with the strategic direction of KIPCO Group companies in integrating Environmental, Social, and Governance (ESG) principles into their operations. By actively supporting public health through meaningful initiatives, the group demonstrates its ongoing commitment to sustainability and community well-being. This campaign reaffirms the power of unified efforts between sister companies and healthcare partners in driving real, lasting change.
Yahoo
16-05-2025
- Business
- Yahoo
Aegon trading update for first quarter 2025
The Hague, May 16, 2025 - Please click here to access all 1Q 2025 trading update related documents. Operating capital generation (OCG) before holding funding and operating expenses increases 4% to EUR 267 million. Reflects business growth partially offset by unfavorable mortality experience in the US Capital ratios of Aegon's main units remain above their respective operating levels Cash Capital at Holding at EUR 1.6 billion, reflecting 68% completion of the ongoing EUR 150 million share buyback program on March 31, 2025 Planned new EUR 200 million share buyback program announced, expected to be completed by the end of 2025, consistent with the plan to bring Cash Capital at Holding down to around EUR 1.0 billion by the end of 2026 Strong commercial momentum in US Strategic Assets Individual Life and World Financial Group (WFG), UK Workplace platform and International. Net outflows in US mid-sized retirement plans and UK Adviser platform. Asset management third party net flows remain positive Aegon group solvency ratio under Bermuda framework – applicable as of January 2028 after the end of the transition period – expected to be broadly similar to group solvency ratio under current methodology. Eligibility review of Aegon's instruments by the Bermuda Monetary Authority concluded Lard Friese, Aegon CEO, commented: 'In the first quarter of 2025, we continued to make progress in transforming our businesses. In the US, we further strengthened our distribution capabilities and increased Transamerica's individual new life sales. Our UK Workplace business once again generated strong net inflows, while our International joint ventures reported higher sales. Asset management third party net flows remained positive. While the macroeconomic environment is uncertain, we expect to meet our 2025 financial targets. Our businesses remain well capitalized, and we have significant excess liquidity at the Holding. Consistent with our plan to reduce Cash Capital at Holding to around EUR 1.0 billion by the end of 2026, we are today announcing a new EUR 200 million share buyback to be executed throughout the second half of 2025.' Additional information PresentationThe conference call presentation is available on as of 7.00 CEST. SupplementsAegon's first quarter 2025 Trading Update Supplement and other supplementary documents are available on Webcast and conference call including Q&AThe webcast and conference call starts at 9:00 am CEST. The audio webcast can be followed on To join the conference call and/or participate in the Q&A, you will need to register via the following registration link. Directly after registration you will see your personal pin on the confirmation screen, and you will also receive an email with the call details and your personal pin to enter the conference call. The link becomes active 15 minutes prior to the scheduled start time. To avoid any unforeseen connection issues, it is recommended to make use of the 'Call me' option. Approximately two hours after the conference call, a replay will be available on Click to joinWith 'Call me', there's no need to dial-in. Simply click the following registration link and select the option 'Call me'. Enter your information and you will be called back to directly join the conference. The link becomes active 15 minutes prior to the scheduled start time. Should you wish not to use the 'Click to join' function, dial-in numbers are also available. For passcode: you will receive a personal pin upon registration. Dial-in numbers for conference call:United States: +1 864 991 4103 (local) United Kingdom: +44 808 175 1536 (toll-free) The Netherlands: +31 800 745 8377 (toll-free); or +31 970 102 86838 (toll) Financial calendar 2025Annual General Meeting – June 12, 2025First half 2025 results – August 21, 2025Third quarter 2025 trading update – November 13, 2025Capital Markets Day – December 10, 2025 About AegonAegon is an international financial services holding company. Aegon's ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Aegon's portfolio of businesses includes fully owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint ventures in Spain & Portugal, China, and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market leading Dutch insurance and pensions company. Aegon's purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, domiciled in Bermuda, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at More information can be found at Contacts Media relations Investor relations Richard Mackillican Yves Cormier +31(0) 6 27411546 +31(0) 70 344 8028 Local currenciesThis document contains certain information about Aegon's results, financial condition and revenue generating investments presented in USD for the Americas and in GBP for the United Kingdom, because those businesses operate and are managed primarily in those currencies. None of this information is a substitute for or superior to financial information about Aegon presented in EUR, which is the currency of Aegon's primary financial statements. Forward-looking statementsThe statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, could, is confident, will, and similar expressions as they relate to Aegon. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. In addition, any statements that refer to sustainability, environmental and social targets, commitments, goals, efforts and expectations and other events or circumstances that are partially dependent on future events are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following: Changes in general economic and/or governmental conditions, particularly in Bermuda, the United States, the United Kingdom and in relation to Aegon's shareholding in ASR Nederland N.V. and asset management business, the Netherlands; Civil unrest, (geo-) political tensions, military action or other instability in countries or geographic regions that affect our operations or that affect global markets; Changes in the performance of financial markets, including emerging markets, such as with regard to: The frequency and severity of defaults by issuers in Aegon's fixed income investment portfolios; The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting decline in the value of equity and debt securities Aegon holds; The effects of declining creditworthiness of certain public sector securities and the resulting decline in the value of government exposure that Aegon holds; The impact from volatility in credit, equity, and interest rates; Changes in the performance of Aegon's investment portfolio and decline in ratings of Aegon's counterparties; The effect of tariffs and potential trade wars on trading markets and on economic growth, globally and in the markets where Aegon operates. Lowering of one or more of Aegon's debt ratings issued by recognized rating organizations and the adverse impact such action may have on Aegon's ability to raise capital and on its liquidity and financial condition; Lowering of one or more of insurer financial strength ratings of Aegon's insurance subsidiaries and the adverse impact such action may have on the written premium, policy retention, profitability and liquidity of its insurance subsidiaries; The effect of applicable Bermuda solvency requirements, the European Union's Solvency II requirements, and applicable equivalent solvency requirements and other regulations in other jurisdictions affecting the capital Aegon is required to maintain and our ability to pay dividends; Changes in the European Commissions' or European regulator's position on the equivalence of the supervisory regime for insurance and reinsurance undertakings in force in Bermuda; Changes affecting interest rate levels and low or rapidly changing interest rate levels; Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates; The effects of global inflation, or inflation in the markets where Aegon operates; Changes in the availability of, and costs associated with, liquidity sources such as bank and capital markets funding, as well as conditions in the credit markets in general such as changes in borrower and counterparty creditworthiness; Increasing levels of competition, particularly in the United States, the United Kingdom, emerging markets and in relation to Aegon's shareholding in ASR Nederland N.V. and asset management business, the Netherlands; Catastrophic events, either manmade or by nature, including by way of example acts of God, acts of terrorism, acts of war and pandemics, could result in material losses and significantly interrupt Aegon's business; The frequency and severity of insured loss events; Changes affecting longevity, mortality, morbidity, persistence and other factors that may impact the profitability of Aegon's insurance products and management of derivatives; Aegon's projected results are highly sensitive to complex mathematical models of financial markets, mortality, longevity, and other dynamic systems subject to shocks and unpredictable volatility. Should assumptions to these models later prove incorrect, or should errors in those models escape the controls in place to detect them, future performance will vary from projected results; Reinsurers to whom Aegon has ceded significant underwriting risks may fail to meet their obligations; Changes in customer behavior and public opinion in general related to, among other things, the type of products Aegon sells, including legal, regulatory or commercial necessity to meet changing customer expectations; Customer responsiveness to both new products and distribution channels; Third-party information used by us may prove to be inaccurate and change over time as methodologies and data availability and quality continue to evolve impacting our results and disclosures; As Aegon's operations support complex transactions and are highly dependent on the proper functioning of information technology, operational risks such as system disruptions or failures, security or data privacy breaches, cyberattacks, human error, failure to safeguard personally identifiable information, changes in operational practices or inadequate controls including with respect to third parties with which Aegon does business, may disrupt Aegon's business, damage its reputation and adversely affect its results of operations, financial condition and cash flows; Aegon's failure to swiftly, effectively, and securely adapt and integrate emerging technologies; The impact of acquisitions and divestitures, restructurings, product withdrawals and other unusual items, including Aegon's ability to complete, or obtain regulatory approval for, acquisitions and divestitures, integrate acquisitions, and realize anticipated results from such transactions, and its ability to separate businesses as part of divestitures; Aegon's failure to achieve anticipated levels of earnings or operational efficiencies, as well as other management initiatives related to cost savings, Cash Capital at Holding, gross financial leverage and free cash flow; Changes in the policies of central banks and/or governments; Litigation or regulatory action that could require Aegon to pay significant damages or change the way Aegon does business; Competitive, legal, regulatory, or tax changes that affect profitability, the distribution cost of or demand for Aegon's products; Consequences of an actual or potential break-up of the European Monetary Union in whole or in part, or further consequences of the exit of the United Kingdom from the European Union and potential consequences if other European Union countries leave the European Union; Changes in laws and regulations, or the interpretation thereof by regulators and courts, including as a result of comprehensive reform or shifts away from multilateral approaches to regulation of global or national operations, particularly regarding those laws and regulations related to ESG matters, those affecting Aegon's operations' ability to hire and retain key personnel, taxation of Aegon companies, the products Aegon sells, the attractiveness of certain products to its consumers and Aegon's intellectual property; Regulatory changes relating to the pensions, investment, insurance industries and enforcing adjustments in the jurisdictions in which Aegon operates; Standard setting initiatives of supranational standard setting bodies such as the Financial Stability Board and the International Association of Insurance Supervisors or changes to such standards that may have an impact on regional (such as EU), national (such as Bermuda) or US federal or state level financial regulation or the application thereof to Aegon; Changes in accounting regulations and policies or a change by Aegon in applying such regulations and policies, voluntarily or otherwise, which may affect Aegon's reported results, shareholders' equity or regulatory capital adequacy levels; The rapidly changing landscape for ESG responsibilities, leading to potential challenges by private parties and governmental authorities, and/or changes in ESG standards and requirements, including assumptions, methodology and materiality, or a change by Aegon in applying such standards and requirements, voluntarily or otherwise, may affect Aegon's ability to meet evolving standards and requirements, or Aegon's ability to meet its sustainability and ESG-related goals, or related public expectations, which may also negatively affect Aegon's reputation or the reputation of its board of directors or its management; Unexpected delays, difficulties, and expenses in executing against Aegon's environmental, climate, or other ESG targets, goals and commitments, and changes in laws or regulations affecting us, such as changes in data privacy, environmental, health and safety laws; and Reliance on third-party information in certain of Aegon's disclosures, which may change over time as methodologies and data availability and quality continue to evolve. These factors, as well as any inaccuracies in third-party information used by Aegon, including in estimates or assumptions, may cause results to differ materially and adversely from statements, estimates, and beliefs made by Aegon or third-parties. Moreover, Aegon's disclosures based on any standards may change due to revisions in framework requirements, availability of information, changes in its business or applicable governmental policies, or other factors, some of which may be beyond Aegon's control. Additionally, Aegon's discussion of various ESG and other sustainability issues in this document or in other locations, including on our corporate website, may be informed by the interests of various stakeholders, as well as various ESG standards, frameworks, and regulations (including for the measurement and assessment of underlying data). As such, our disclosures on such issues, including climate-related disclosures, may include information that is not necessarily "material" under US securities laws for SEC reporting purposes, even if we use words such as "material" or "materiality" in relation to those statements. ESG expectations continue to evolve, often quickly, including for matters outside of our control; our disclosures are inherently dependent on the methodology (including any related assumptions or estimates) and data used, and there can be no guarantee that such disclosures will necessarily reflect or be consistent with the preferred practices or interpretations of particular stakeholders, either currently or in future. This document contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014). Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2024 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. WORLD FINANCIAL GROUP (WFG):WFG CONSISTS OF:IN THE UNITED STATES, WORLD FINANCIAL GROUP INSURANCE AGENCY, LLC (IN CALIFORNIA, DOING BUSINESS AS WORLD FINANCIAL INSURANCE AGENCY, LLC), WORLD FINANCIAL GROUP INSURANCE AGENCY OF HAWAII, INC., WORLD FINANCIAL GROUP INSURANCE AGENCY OF MASSACHUSETTS, INC., AND / OR WFG INSURANCE AGENCY OF PUERTO RICO, INC. (COLLECTIVELY WFGIA), WHICH OFFER INSURANCE AND ANNUITY PRODUCTS. IN THE UNITED STATES, TRANSAMERICA FINANCIAL ADVISORS, INC. IS A FULL-SERVICE, FULLY LICENSED, INDEPENDENT BROKER-DEALER AND REGISTERED INVESTMENT ADVISOR. TRANSAMERICA FINANCIAL ADVISORS, INC. (TFA), MEMBER FINRA, MSRB, SIPC, AND REGISTERED INVESTMENT ADVISOR, OFFERS SECURITIES AND INVESTMENT ADVISORY SERVICES. IN CANADA, WORLD FINANCIAL GROUP INSURANCE AGENCY OF CANADA INC. (WFGIAC), WHICH OFFERS LIFE INSURANCE AND SEGREGATED FUNDS. WFG SECURITIES INC. (WFGS), WHICH OFFERS MUTUAL AND WFGS ARE AFFILIATED COMPANIES. Attachment 20250516_PR_Aegon trading update for first quarter 2025Sign in to access your portfolio
Yahoo
16-05-2025
- Business
- Yahoo
Aegon trading update for first quarter 2025
The Hague, May 16, 2025 - Please click here to access all 1Q 2025 trading update related documents. Operating capital generation (OCG) before holding funding and operating expenses increases 4% to EUR 267 million. Reflects business growth partially offset by unfavorable mortality experience in the US Capital ratios of Aegon's main units remain above their respective operating levels Cash Capital at Holding at EUR 1.6 billion, reflecting 68% completion of the ongoing EUR 150 million share buyback program on March 31, 2025 Planned new EUR 200 million share buyback program announced, expected to be completed by the end of 2025, consistent with the plan to bring Cash Capital at Holding down to around EUR 1.0 billion by the end of 2026 Strong commercial momentum in US Strategic Assets Individual Life and World Financial Group (WFG), UK Workplace platform and International. Net outflows in US mid-sized retirement plans and UK Adviser platform. Asset management third party net flows remain positive Aegon group solvency ratio under Bermuda framework – applicable as of January 2028 after the end of the transition period – expected to be broadly similar to group solvency ratio under current methodology. Eligibility review of Aegon's instruments by the Bermuda Monetary Authority concluded Lard Friese, Aegon CEO, commented: 'In the first quarter of 2025, we continued to make progress in transforming our businesses. In the US, we further strengthened our distribution capabilities and increased Transamerica's individual new life sales. Our UK Workplace business once again generated strong net inflows, while our International joint ventures reported higher sales. Asset management third party net flows remained positive. While the macroeconomic environment is uncertain, we expect to meet our 2025 financial targets. Our businesses remain well capitalized, and we have significant excess liquidity at the Holding. Consistent with our plan to reduce Cash Capital at Holding to around EUR 1.0 billion by the end of 2026, we are today announcing a new EUR 200 million share buyback to be executed throughout the second half of 2025.' Additional information PresentationThe conference call presentation is available on as of 7.00 CEST. SupplementsAegon's first quarter 2025 Trading Update Supplement and other supplementary documents are available on Webcast and conference call including Q&AThe webcast and conference call starts at 9:00 am CEST. The audio webcast can be followed on To join the conference call and/or participate in the Q&A, you will need to register via the following registration link. Directly after registration you will see your personal pin on the confirmation screen, and you will also receive an email with the call details and your personal pin to enter the conference call. The link becomes active 15 minutes prior to the scheduled start time. To avoid any unforeseen connection issues, it is recommended to make use of the 'Call me' option. Approximately two hours after the conference call, a replay will be available on Click to joinWith 'Call me', there's no need to dial-in. Simply click the following registration link and select the option 'Call me'. Enter your information and you will be called back to directly join the conference. The link becomes active 15 minutes prior to the scheduled start time. Should you wish not to use the 'Click to join' function, dial-in numbers are also available. For passcode: you will receive a personal pin upon registration. Dial-in numbers for conference call:United States: +1 864 991 4103 (local) United Kingdom: +44 808 175 1536 (toll-free) The Netherlands: +31 800 745 8377 (toll-free); or +31 970 102 86838 (toll) Financial calendar 2025Annual General Meeting – June 12, 2025First half 2025 results – August 21, 2025Third quarter 2025 trading update – November 13, 2025Capital Markets Day – December 10, 2025 About AegonAegon is an international financial services holding company. Aegon's ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Aegon's portfolio of businesses includes fully owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint ventures in Spain & Portugal, China, and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market leading Dutch insurance and pensions company. Aegon's purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, domiciled in Bermuda, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at More information can be found at Contacts Media relations Investor relations Richard Mackillican Yves Cormier +31(0) 6 27411546 +31(0) 70 344 8028 Local currenciesThis document contains certain information about Aegon's results, financial condition and revenue generating investments presented in USD for the Americas and in GBP for the United Kingdom, because those businesses operate and are managed primarily in those currencies. None of this information is a substitute for or superior to financial information about Aegon presented in EUR, which is the currency of Aegon's primary financial statements. Forward-looking statementsThe statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, could, is confident, will, and similar expressions as they relate to Aegon. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. In addition, any statements that refer to sustainability, environmental and social targets, commitments, goals, efforts and expectations and other events or circumstances that are partially dependent on future events are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following: Changes in general economic and/or governmental conditions, particularly in Bermuda, the United States, the United Kingdom and in relation to Aegon's shareholding in ASR Nederland N.V. and asset management business, the Netherlands; Civil unrest, (geo-) political tensions, military action or other instability in countries or geographic regions that affect our operations or that affect global markets; Changes in the performance of financial markets, including emerging markets, such as with regard to: The frequency and severity of defaults by issuers in Aegon's fixed income investment portfolios; The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting decline in the value of equity and debt securities Aegon holds; The effects of declining creditworthiness of certain public sector securities and the resulting decline in the value of government exposure that Aegon holds; The impact from volatility in credit, equity, and interest rates; Changes in the performance of Aegon's investment portfolio and decline in ratings of Aegon's counterparties; The effect of tariffs and potential trade wars on trading markets and on economic growth, globally and in the markets where Aegon operates. Lowering of one or more of Aegon's debt ratings issued by recognized rating organizations and the adverse impact such action may have on Aegon's ability to raise capital and on its liquidity and financial condition; Lowering of one or more of insurer financial strength ratings of Aegon's insurance subsidiaries and the adverse impact such action may have on the written premium, policy retention, profitability and liquidity of its insurance subsidiaries; The effect of applicable Bermuda solvency requirements, the European Union's Solvency II requirements, and applicable equivalent solvency requirements and other regulations in other jurisdictions affecting the capital Aegon is required to maintain and our ability to pay dividends; Changes in the European Commissions' or European regulator's position on the equivalence of the supervisory regime for insurance and reinsurance undertakings in force in Bermuda; Changes affecting interest rate levels and low or rapidly changing interest rate levels; Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates; The effects of global inflation, or inflation in the markets where Aegon operates; Changes in the availability of, and costs associated with, liquidity sources such as bank and capital markets funding, as well as conditions in the credit markets in general such as changes in borrower and counterparty creditworthiness; Increasing levels of competition, particularly in the United States, the United Kingdom, emerging markets and in relation to Aegon's shareholding in ASR Nederland N.V. and asset management business, the Netherlands; Catastrophic events, either manmade or by nature, including by way of example acts of God, acts of terrorism, acts of war and pandemics, could result in material losses and significantly interrupt Aegon's business; The frequency and severity of insured loss events; Changes affecting longevity, mortality, morbidity, persistence and other factors that may impact the profitability of Aegon's insurance products and management of derivatives; Aegon's projected results are highly sensitive to complex mathematical models of financial markets, mortality, longevity, and other dynamic systems subject to shocks and unpredictable volatility. Should assumptions to these models later prove incorrect, or should errors in those models escape the controls in place to detect them, future performance will vary from projected results; Reinsurers to whom Aegon has ceded significant underwriting risks may fail to meet their obligations; Changes in customer behavior and public opinion in general related to, among other things, the type of products Aegon sells, including legal, regulatory or commercial necessity to meet changing customer expectations; Customer responsiveness to both new products and distribution channels; Third-party information used by us may prove to be inaccurate and change over time as methodologies and data availability and quality continue to evolve impacting our results and disclosures; As Aegon's operations support complex transactions and are highly dependent on the proper functioning of information technology, operational risks such as system disruptions or failures, security or data privacy breaches, cyberattacks, human error, failure to safeguard personally identifiable information, changes in operational practices or inadequate controls including with respect to third parties with which Aegon does business, may disrupt Aegon's business, damage its reputation and adversely affect its results of operations, financial condition and cash flows; Aegon's failure to swiftly, effectively, and securely adapt and integrate emerging technologies; The impact of acquisitions and divestitures, restructurings, product withdrawals and other unusual items, including Aegon's ability to complete, or obtain regulatory approval for, acquisitions and divestitures, integrate acquisitions, and realize anticipated results from such transactions, and its ability to separate businesses as part of divestitures; Aegon's failure to achieve anticipated levels of earnings or operational efficiencies, as well as other management initiatives related to cost savings, Cash Capital at Holding, gross financial leverage and free cash flow; Changes in the policies of central banks and/or governments; Litigation or regulatory action that could require Aegon to pay significant damages or change the way Aegon does business; Competitive, legal, regulatory, or tax changes that affect profitability, the distribution cost of or demand for Aegon's products; Consequences of an actual or potential break-up of the European Monetary Union in whole or in part, or further consequences of the exit of the United Kingdom from the European Union and potential consequences if other European Union countries leave the European Union; Changes in laws and regulations, or the interpretation thereof by regulators and courts, including as a result of comprehensive reform or shifts away from multilateral approaches to regulation of global or national operations, particularly regarding those laws and regulations related to ESG matters, those affecting Aegon's operations' ability to hire and retain key personnel, taxation of Aegon companies, the products Aegon sells, the attractiveness of certain products to its consumers and Aegon's intellectual property; Regulatory changes relating to the pensions, investment, insurance industries and enforcing adjustments in the jurisdictions in which Aegon operates; Standard setting initiatives of supranational standard setting bodies such as the Financial Stability Board and the International Association of Insurance Supervisors or changes to such standards that may have an impact on regional (such as EU), national (such as Bermuda) or US federal or state level financial regulation or the application thereof to Aegon; Changes in accounting regulations and policies or a change by Aegon in applying such regulations and policies, voluntarily or otherwise, which may affect Aegon's reported results, shareholders' equity or regulatory capital adequacy levels; The rapidly changing landscape for ESG responsibilities, leading to potential challenges by private parties and governmental authorities, and/or changes in ESG standards and requirements, including assumptions, methodology and materiality, or a change by Aegon in applying such standards and requirements, voluntarily or otherwise, may affect Aegon's ability to meet evolving standards and requirements, or Aegon's ability to meet its sustainability and ESG-related goals, or related public expectations, which may also negatively affect Aegon's reputation or the reputation of its board of directors or its management; Unexpected delays, difficulties, and expenses in executing against Aegon's environmental, climate, or other ESG targets, goals and commitments, and changes in laws or regulations affecting us, such as changes in data privacy, environmental, health and safety laws; and Reliance on third-party information in certain of Aegon's disclosures, which may change over time as methodologies and data availability and quality continue to evolve. These factors, as well as any inaccuracies in third-party information used by Aegon, including in estimates or assumptions, may cause results to differ materially and adversely from statements, estimates, and beliefs made by Aegon or third-parties. Moreover, Aegon's disclosures based on any standards may change due to revisions in framework requirements, availability of information, changes in its business or applicable governmental policies, or other factors, some of which may be beyond Aegon's control. Additionally, Aegon's discussion of various ESG and other sustainability issues in this document or in other locations, including on our corporate website, may be informed by the interests of various stakeholders, as well as various ESG standards, frameworks, and regulations (including for the measurement and assessment of underlying data). As such, our disclosures on such issues, including climate-related disclosures, may include information that is not necessarily "material" under US securities laws for SEC reporting purposes, even if we use words such as "material" or "materiality" in relation to those statements. ESG expectations continue to evolve, often quickly, including for matters outside of our control; our disclosures are inherently dependent on the methodology (including any related assumptions or estimates) and data used, and there can be no guarantee that such disclosures will necessarily reflect or be consistent with the preferred practices or interpretations of particular stakeholders, either currently or in future. This document contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014). Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2024 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. WORLD FINANCIAL GROUP (WFG):WFG CONSISTS OF:IN THE UNITED STATES, WORLD FINANCIAL GROUP INSURANCE AGENCY, LLC (IN CALIFORNIA, DOING BUSINESS AS WORLD FINANCIAL INSURANCE AGENCY, LLC), WORLD FINANCIAL GROUP INSURANCE AGENCY OF HAWAII, INC., WORLD FINANCIAL GROUP INSURANCE AGENCY OF MASSACHUSETTS, INC., AND / OR WFG INSURANCE AGENCY OF PUERTO RICO, INC. (COLLECTIVELY WFGIA), WHICH OFFER INSURANCE AND ANNUITY PRODUCTS. IN THE UNITED STATES, TRANSAMERICA FINANCIAL ADVISORS, INC. IS A FULL-SERVICE, FULLY LICENSED, INDEPENDENT BROKER-DEALER AND REGISTERED INVESTMENT ADVISOR. TRANSAMERICA FINANCIAL ADVISORS, INC. (TFA), MEMBER FINRA, MSRB, SIPC, AND REGISTERED INVESTMENT ADVISOR, OFFERS SECURITIES AND INVESTMENT ADVISORY SERVICES. IN CANADA, WORLD FINANCIAL GROUP INSURANCE AGENCY OF CANADA INC. (WFGIAC), WHICH OFFERS LIFE INSURANCE AND SEGREGATED FUNDS. WFG SECURITIES INC. (WFGS), WHICH OFFERS MUTUAL AND WFGS ARE AFFILIATED COMPANIES. Attachment 20250516_PR_Aegon trading update for first quarter 2025
