Transform Tomorrow - Aegon

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Sales increase demonstrates strength of franchise• New life sales increase 36% to EUR 677 million►►►Higher US new life sales driven by indexed UL and anticipation of ULsecondary guarantee product withdrawalDutch pension sales increased strongly on new contract winsUK pension sales benefited from a successful sales campaign• Gross deposits 30% higher at EUR 9.2 billion►►US deposits up 28% on retail mutual funds and pensions mainlyAsset Management up on strong UK retail sales and institutional mandatewins in the US and the Netherlands• Accident & health and general insurance up 5% to EUR 212 millionSales*(EUR million)1,409 1,5501,813Q4 11 Q3 12 Q4 12Market consistent VNB(EUR million)173204• Focus on profitable new business demonstrated by higher MCVNB►MCVNB up on higher volumes, repricing in the US, mortgage and pensionproduction in the Netherlands and higher margins in CEE and Asia71Q4 11 Q3 12 Q4 12• Americas• Netherlands• UK• New Markets28* Total sales consists of new life sales, new premiums accident & health, general insurance and 1/10 of gross deposits
Focus on adding distribution – driver of salesAmericas• Expansion of Indexed Universal Life products into the brokerage channel• Expansion into alternative channels adds scale and diversity to variable annuity distribution• Enhanced distribution strategy contributes to pension productionNL• Non-life multi-channel distribution strategy (online, retail outlets) resulted in portfolio growth• Online wealth advisory proposition KnabUK• Uniquely positioned Workplace Savings platform with seamless transition to At Retirement platform• Strategic platform deals in place with most of the leading adviser networksNew Markets• Partnership with Santander in Spain gives access to over 4,600 branches and over 12 million customers• Acquisitions in Ukraine and Romania, further strengthening position in CEE• Tied network development and strengthening of broker cooperation as well as adding new partners in new markets29
Page 1 and 2: Transform TomorrowLondon, 21 March
Page 3 and 4: Execute on strategic transformation
Page 5: Our products and services have neve
Page 8: Successfully growing our fee-based
Page 12 and 13: Capture growth in Protection and Ac
Page 14 and 15: Realizing ambition to become a lead
Page 16 and 17: Aegon to cancel all preferred share
Page 18 and 19: All preferred shares exchanged for
Page 20 and 21: Impact on Aegon’s financial metri
Page 22 and 23: Vereniging Aegon agreed to give up
Page 24 and 25: Continued delivery of strong result
Page 26 and 27: Net income benefits from investment
Page 30 and 31: Successful repositioning of Spanish
Page 32 and 33: Strong operational free cash flows
Page 34 and 35: Upcoming eventsMarchMayJuneAugustAn
Page 36 and 37: Focus on delivering on targetsAchie
Page 38 and 39: Limited exposure in general account
Page 40 and 41: Gross deposits increases in asset m
Page 42 and 43: Higher underlying earnings• Ameri
Page 44 and 45: The Netherlands• Underlying earni
Page 46 and 47: New Markets• Underlying earnings
Page 48 and 49: Capital allocated to run-off busine
Page 50 and 51: Investments general accountAegonINV
Page 52 and 53: Credit losses in the US trending do
Page 54 and 55: For questions please contact Invest

Transform Tomorrow - Aegon

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