Aegon has reported net income of €608 million (around $710.2 million) during the first half of the year compared to €606 million for the same period last year.

The operating result was €804 million, up 9 per cent compared with the first half of 2025, while operating capital generation grew by 27 per cent to €416 million, enabling €392 million in free cashflow.

Aegon said this reflected strong commercial momentum and favourable financial markets.

Lard Friese, Aegon chief executive said in the first half of 2026, Aegon continued to grow its businesses, deliver robust financial results and progress at pace with their planned relocation to the US.

“These results demonstrate our strategy is gaining momentum and reinforce our confidence in the ambitions outlined at our 2025 Capital Markets Day,” Mr Friese said.

He said TransAmerica, the subsidiary and largest operating business of Aegon, delivered strong commercial growth compared with the prior-year period.

“Individual life sales grew by 54 per cent, fuelled by growth in the instant decision market,” he said. “We further expanded our distribution capabilities, with World Financial Group now exceeding 100,000 agents. We maintained good commercial momentum in retirement plans written sales.”

Mr Friese also said Aegon Asset Management benefited from third-party net flows and positive market developments, while their international businesses continued to grow, led by Brazil.

Aegon recently announced it was relocating to New York City. The firm has also sold Aegon United Kingdom to Standard Life to better focus on its American business.

There is an extraordinary general meeting planned for October 8 to seek shareholder approval for the domiciliation to the US.

“We reached an agreement with Vereniging Aegon, our largest shareholder, on its future relationship with our company and a proposed US-aligned governance framework,” Mr Friese said.

Mr Friese said Aegon’s performance in the first half reflected the dedication of its people, the momentum in its strategy and its disciplined capital management.

“We are announcing an interim dividend of 21 eurocents per share, up 11 per cent versus the prior year period,” he said.