Belfast Telegraph

Insurer earnings in sharp increase

Dutch insurer Aegon NV reported a 59% rise in first quarter earnings thanks to fewer impairment charges.

Aegon does two-thirds of its business in the US. It reported better US sales, but worse earnings from operations as people live longer. Net profit was €521m (£418m), up from €327m (£262m) in the same period a year ago.

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