Aegon Upgrades 2000 Profit Forecasts

August 10, 2000

Dutch insurer Aegon has lifted its 2000 earnings forecast to 25-30 percent on the year, and forecasting earnings per share growth of 17 to 22 percent.

Dutch insurer Aegon has lifted its 2000 earnings forecast to 25-30 percent on the year, and forecasting earnings per share growth of 17 to 22 percent.

Last month, Aegon said it might up its outlook because it was keeping some of U.S. unit Transamerica’s non-life insurance operations until market conditions improved.

Previously, Aegon said earnings would come in at the top end of an 18-23 percent range, with earnings per share growing at the upper end of a 10-15 percent spectrum.

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