Dutch market News

Update: Aegon Reports Q4 Pretax Profit of $534.9M, Down 14% on U.S. Income

Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., fell in Amsterdam trading after decline in U.S. income pushed down fourth-quarter pre-tax earnings. The stock dropped as much as 4.5 percent and was down 3.2 percent as of 10:25 …

Dutch Insurer Delta Lloyd Still Faces Solvency II Uncertainties; Rights Issue Ahead

Dutch insurer Delta Lloyd is still discussing aspects of Europe’s new solvency regime with regulators as it prepares a 1 billion euro ($1.1 billion) rights issue to shore up its position. Delta Lloyd’s shares, which dipped 1.5 percent to 5.36 …

Allianz to Buy Aegon’s Commercial P&C Portfolio in the Netherlands

Allianz has agreed to acquire the commercial P&C portfolio of Aegon in the Netherlands. Details of the transaction were not disclosed. Allianz’s P&C market share in the Netherlands will rise from 4.4 percent to 5.0 percent with this transaction, said …

Carpenter Appoints Miller-van der Schild as Managing Director of Benelux Unit

Guy Carpenter & Co. has appointed Susanne Miller-van der Schild as managing director, Guy Carpenter Benelux, effective 1 February. Miller-van der Schild will be responsible for further developing Guy Carpenter’s platform in the region, and in particular strengthening its position …

Update: Dutch Insurer Aegon Plans $432M Share Buy-Back, to Cut U.S. Costs

Aegon NV jumped the most in almost six years after saying it plans to buy back 400 million euros ($432 million) of shares and cut costs to improve its return on equity. The Dutch owner of insurer Transamerica Corp. announced …