Aegon net earnings up 2%

Dutch insurance giant Aegon increased net earnings by 2% in 2006 to almost €2.8bn. Earnings from new products was up 41% at €775m. Chairman Don Shepard called 2006 a year of ‘significant progress’ for the company.

Aegon is now looking to ‘further strengthen its position as a leading provider of life insurance, pensions and investment products internationally,’ said Shepard.
Aegon’s target is to add an annual €1.1bn in earnings from new products from 2010.

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