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Aegon pays back £1.1bn to Dutch government

Aegon has revealed that it has repaid £1.1bn (€1.15bn) or one third of support it received from the Dutch government.

Aegon says: “Repayment of the initial £1.1bn to the Dutch government is an important first step toward full repayment of the core capital funded by the Dutch government.”

The insurer last year received £2.7bn (€3bn) in support from the Dutch state.

The amount repaid also included accrued interest from May 22 of £40m (€44m). Aegon says it paid a premium of £99m (€108m), based on the volume weighted average share price of Aegon shares of €4.8315 during the five trading days from Nov. 23.

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  1. No with profit ‘surpluses’ were involved?

    Thank goodness for that.

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