Aegons press release, dated March 25, 2016, is included as appendix and incorporated herein by
reference.
SIGNATURE
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AEGON N.V.
|
|
|
|
|
|
|
(Registrant)
|
|
|
|
|
Date: March 25, 2016
|
|
|
|
By
|
|
/s/ J.O. van Klinken
|
|
|
|
|
|
|
J.O. van Klinken
Executive Vice President
and
General Counsel
|
The Hague March 25, 2016
Aegon publishes 2015 Annual Report and Review
Aegon N.V.
today released its 2015 Annual Report and filed its Annual Report on Form 20-F with the United States Securities and Exchange Commission (SEC).
For the
fifth consecutive year,
Aegons Annual Report
is accompanied by a separate integrated report,
Aegons 2015 Review
. This includes an interview with Aegons CEO, Alex Wynaendts, in which he reflects on accelerating the
pace of change to become a more digital, sustainable and customer-centric company. Also interviewed is the Chairman of Aegons Supervisory Board, Rob Routs, who focuses on the boards shift from monitoring performance to undertaking a more
strategic role.
The Review explains how Aegon creates and shares value for its stakeholders by letting customers, investors, business partners, local
communities and employees tell their story. It highlights three particularly important topics raising awareness about global aging, meeting changing customer needs, and investing responsibly all of which are explored in such a way as
to explain both the challenges and opportunities that exist for Aegon.
Digital copies of Aegons 2015 Annual Report, 2015 Annual Report on Form 20-F
and 2015 Review are available in our corporate reporting archive on aegon.com. Other documents relating to Aegons General Meeting of Shareholders, including the agenda, will be available online from April 8, 2016.
DISCLAIMERS
Forward-looking statements
The statements contained in
this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target,
intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, is confident, will, and similar expressions as they relate to Aegon. These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking
statements, which merely reflect company expectations at the time of writing. Actual results may differ materially from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and
uncertainties include but are not limited to the following:
Changes in general economic conditions, particularly in the United States, the Netherlands and
the United Kingdom;
Changes in the performance of financial markets, including emerging markets, such as with regard to:
The frequency and severity of defaults by issuers in Aegons fixed income investment portfolios;
The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting decline in the value of equity and debt
securities Aegon holds; and
The effects of declining creditworthiness of certain private sector securities and the resulting decline in the value of
sovereign exposure that Aegon holds;
Changes in the performance of Aegons investment portfolio and decline in ratings of Aegons
counterparties;
Consequences of a potential (partial) break-up of the euro or the potential exit of the United Kingdom from the European Union;
The frequency and severity of insured loss events;
Changes
affecting longevity, mortality, morbidity, persistence and other factors that may impact the profitability of Aegons insurance products;
Reinsurers
to whom Aegon has ceded significant underwriting risks may fail to meet their obligations;
Changes affecting interest rate levels and continuing low or
rapidly changing interest rate levels;
Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates;
Changes in the availability of, and costs associated with, liquidity sources such as bank and capital markets funding, as well as conditions in the credit
markets in general such as changes in borrower and counterparty creditworthiness;
Increasing levels of competition in the United States, the Netherlands,
the United Kingdom and emerging markets;
Changes in laws and regulations, particularly those affecting Aegons operations ability to hire and
retain key personnel, the products Aegon sells, and the attractiveness of certain products to its consumers;
Regulatory changes relating to the pensions,
investment, and insurance industries in the jurisdictions in which Aegon operates;
Standard setting initiatives of supranational standard setting bodies
such as the Financial Stability Board and the International Association of Insurance Supervisors or changes to such standards that may have an impact on regional (such as EU), national or US federal or state level financial regulation or the
application thereof to Aegon, including the designation of Aegon by the Financial Stability Board as a Global Systemically Important Insurer (G-SII).
Changes in customer behavior and public opinion in general related to, among other things, the type of products also Aegon sells, including legal, regulatory
or commercial necessity to meet changing customer expectations;
Acts of God, acts of terrorism, acts of war and pandemics;
Changes in the policies of central banks and/or governments;
Lowering of one or more of Aegons debt ratings issued by recognized rating organizations and the adverse impact such action may have on Aegons
ability to raise capital and on its liquidity and financial condition;
Lowering of one or more of insurer financial strength ratings of Aegons
insurance subsidiaries and the adverse impact such action may have on the premium writings, policy retention, profitability and liquidity of its insurance subsidiaries;
The effect of the European Unions Solvency II requirements and other regulations in other jurisdictions affecting the capital Aegon is required to
maintain;
Litigation or regulatory action that could require Aegon to pay significant damages or change the way Aegon does business;
As Aegons operations support complex transactions and are highly dependent on the proper functioning of information technology, a computer system failure
or security breach may disrupt Aegons business, damage its reputation and adversely affect its results of operations, financial condition and cash flows;
Customer responsiveness to both new products and distribution channels;
Competitive, legal, regulatory, or tax changes that affect profitability, the distribution cost of or demand for Aegons products;
Changes in accounting regulations and policies or a change by Aegon in applying such regulations and policies, voluntarily or otherwise, which may affect
Aegons reported results and shareholders equity;
The impact of acquisitions and divestitures, restructurings, product withdrawals and other
unusual items, including Aegons ability to integrate acquisitions and to obtain the anticipated results and synergies from acquisitions;
Catastrophic events, either manmade or by nature, could result in material losses and significantly interrupt Aegons business; and
Aegons failure to achieve anticipated levels of earnings or operational efficiencies as well as other cost saving and excess capital and leverage ratio
management initiatives.
Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority
for the Financial Markets and the US Securities and Exchange Commission, including the Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon
expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegons expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based.