Aegon Limited (AEG) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to Ergon's second half 2024 results 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. My name is Yves Cormier, Head of Investor Relations, and I would like to welcome you to this conference call on Aegon's second half 2024 results. Joining me to take you through our progress are Aegon 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 back of the presentation. And I now would like to hand over to Lars. Thanks Yves and good morning everyone and thank you for joining the call today. Let me start today's presentation by running you through our strategic and commercial developments before handing over to Duncan to address our financial results in more detail. Let's move to slide two to review the highlights of the year. In 2024, we made good progress with the transformation of AGON and are on track to meet the 2025 targets. I will begin by highlighting some of our key financials. Starting with IFRS, we reported an operating result of nearly €1.5 billion over 2024, which is in line with last year's results and with a clear improvement of claims experience following our assumption updates in the first half of 2024. AGON reported operating ca...