and reiterates confidence in the Group’s financial position.
Aegon has released details of its exposure to Lehman Brothers, following reports that the trading firm has filed a petition for Chapter 11 bankruptcy protection in the US:
Aegon’s Chief Financial Officer Jos Streppel said: “Aegon continues to have a strong balance sheet and ample liquidity. Our financial flexibility of EUR 1.8 billion at the end of the second quarter provides additional assurance. We remain confident in Aegon’s ability to weather the challenging market environment and fulfill our obligations to our customers and many other key stakeholders.”
© Aegon 2020