Aegon is expected to report a 40% slide in its quarterly profits when it reports its annual results shortly.
The warning comes as large writedowns are belived to be punishing its 2002 results performance. The company has also fallen victim to crumbling stock markets.
The Dutch insurance group is expected to maintain its guidance that full-year profit would slide by a third. According to a Reuters poll of eight analysts, the forecast for profit is £368m euros, a 38% plunge from last year.
JP Morgan said: "We believe (writedowns, defaults and provisions) will hit Aegon's third-quarter earnings, albeit on a smaller scale than in Q2."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
