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homenews and pressa.s.r. reports strong half year 2024 results

a.s.r. reports strong half-year 2024 results

Jos Baeten, Chairman of the Executive Board and CEO: ‘We are showing good results over the first six months of 2024. These are in line with or exceeding the targets that we presented at our recent capital markets day. We can see growth in P&C, Disability and Pensions, and we maintain our strong position in the mortgage market. Alongside this, the operating result, the organic capital creation, and the solvency are developing favorably. The financial results show a significant rise across all business segments, through autonomous growth as well as the addition of activities of Aegon Nederland. Since the closing of the Aegon Nederland transaction we have already taken many steps, each contributing to the integration going to plan. The progress of the integration, where we also appreciate the joining of two cultures, remains the priority. When we look at the future, our stakeholders can expect us to, through our ambition to be the best financial service provider in the Netherlands, also continue to focus on sustainable growth. Lastly, a.s.r. continues to commit to a sustainable society and world, with product and services that are not only good for now, but also for the long term, with future generations in mind.’

Published on August 21, 2024 | 05:00
  • The operating result increases by € 217 million to € 677 million (HY 2023: € 460 million).

  • Operating return on equity amounts to 13.4% (HY 2023: 13.1%) and exceeds the target set at >12%.

  • Solvency II ratio on June 2024 increased by 5%-points to 181% (31 December 2023: 176%).

  • Organic capital generation increases by € 244 million to € 658 million (HY 2023: € 414 million), equal to 10%-point of the Solvency II ratio.

  • Interim dividend increases to € 1.16 per share (HY 2023: € 1.08 per share), in line with dividend policy and equal to 40% of the dividend over 2023.

Rosanne de Boer

Non-life P&C, Individual Life and Funeral, Corporate Governance, Results, Sustainability, Combination a.s.r. and Aegon

Rosanne de Boer is temporarily unavailable. For press inquiries, please contact Nienke Abid.

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