GeriGündem Insurer Aegon posts loss of 1.2 bln euros
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Insurer Aegon posts loss of 1.2 bln euros

Abone Olgoogle-news

AMSTERDAM - Aegon, the Dutch insurer that owns Transamerica in the U.S., reported a net loss of 1.2 billion euros ($1.53 billion) in the fourth quarter, due mostly to falling values of investments.

The loss compared to a net profit of 762 million euros in the same period a year earlier. The 2008 figure includes a 770 million euros ($985 million) decline in the market value of Aegon's investment portfolio.
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