Aegon Americas: Executing our strategy
Aegon Americas: Executing our strategy
Aegon Americas: Executing our strategy
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Operational free cash flows fund dividends to the holding<br />
• Normalized operational free cash flows of approximately EUR 900 million or USD 1.2 billion<br />
• Operational free cash flows stable as run-off of capital-intensive spread business is replaced<br />
by growth of fee business<br />
• Distributions to holding company of approximately USD 650 million in first half of 2013<br />
Normalized operational free cash flows<br />
<strong>Aegon</strong> (EUR million)<br />
<strong>Americas</strong> ~900<br />
Netherlands ~250<br />
United Kingdom ~175<br />
New Markets ~50<br />
Total normalized operational free cash flow 1,375<br />
<strong>Aegon</strong> <strong>Americas</strong> (USD million)<br />
Earnings on in-force ~1,200<br />
Return on free surplus -<br />
Release of required surplus ~1,000<br />
Investments in new business ~(1,000)<br />
Total normalized operational free cash flow ~1,200<br />
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