Aegon Limited (AEG) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to Aegon's third quarter 2025 Trading Update conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you will need to slowly press star 1 and 1 on your telephone. You will then hear an automated message advising your hand is raised. Please note that today's conference is being recorded. I would now like to hand the conference over to your speaker. Yves Cormier, Head of Investor Relations, please go ahead. Thank you, Operator, and good morning, everyone. I would like to welcome you to this call on Egon's third quarter 2025 trading update. My name is Yves Cormier, Head of Investor Relations. Joining me today to take you through our progress are Egon's CEO, Lars Friese, and CFO, Duncan Russell. Before we start, we would like to ask you to review our disclaimer on forward-looking statements, which you can find at the end of the presentation. With that, I would like to give the floor to Lars. Thank you, Yves, and good morning, everyone. I will start today's presentation by running you through the strategic project progress we're making and the commercial performance in the quarter. Then I will hand over to Duncan, who will address our capital results in more detail. So let me begin on slide number two with the key messages for the quarter. During the third quarter of 2025, we continued to make good progress in transforming our businesses and we generated 340 million euros of operating capital generation. World Financial Group expanded its distribution network, adding more licensed agents and increasing their productivity. The commercial momentum in our U.S. strategic assets resulted in higher ...