Dutch insurer Aegon NV (AEG, AGN.L) reported a surge in third-quarter net income to 374 million euros, from year-ago quarter's 60 million euros, as higher underlying earnings and realized gains on investments, more favorable results on fair value items and lower impairments were only partly offset by higher tax charges.
Pre-tax income stood at 454 million euros, as against a loss of 16 million euros in the 2011 third quarter. Underlying pre-tax earnings were 472 million euros, higher than 361 million euros in the previous year.
However, sales for the three-month period totaled 1.55 billion euros, down 4% from 1.62 billion euros in the comparable period last year.
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