Aegon NV (AEG) reported third quarter net income of EUR 145 million or EUR 0.06 per share, compared to net loss of EUR 329 million or EUR 0.25 per share last year.
Net underlying earnings were EUR 309 million, down from EUR 363 million in the same period last year.
Total revenues declined to EUR 7.03 billion from EUR 8.15 billion in the prior year quarter.
Separately, AEGON announced the appointment of Mark Mullin as CEO of AEGON Americas and member of the AEGON Management Board to succeed Pat Baird, who retires January 1, 2010.
As President and CEO of AEGON Americas, Mullin will have responsibility for AEGON's operations in the United States, Canada, Mexico and Brazil. Mullin will also serve on AEGON's Management Board. In this capacity, Mullin will assume the added responsibility for AEGON's global life reinsurance activities. Baird's Management Board responsibility for the Asia-Pacific region will be taken over by Wynaendts.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.