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Aegon new business surges through GBP 1bn
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AEGON UK, the Edinburgh-based life and pensions company which uses
the Scottish Equitable brand, has crashed through the GBP 1 billion
new business sales barrier for the first time.
The company, headquartered at Edinburgh Park, said strong pensions
activity after last year's government reforms aimed at shoring up the
sector, together with success from its diversification strategy,.
helped it through the milestone.
Based on the industry measure of annual premiums plus 10 per cent
of single premiums, sales increased by 54 per cent to GBP 1.06bn in
the year to 31 December, from GBP 687 million ...
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