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Life Insurance
Aegon N.V. is a multinational life insurance, pensions, and asset management company based in The Hague, Netherlands. The company operates in more than 20 markets in the Americas, Europe, and Asia, with a focus on providing financial security to its customers. Aegon's stock is listed on the Euronext Amsterdam stock exchange and is also traded over-the-counter (OTC) in the United States under the symbol "AEGNY". However, it is important to note that the symbol "Aeg" you mentioned does not correspond to Aegon in any US stock exchange.
In terms of financial highlights, here are some key figures for Aegon N.V. for the full year 2020:
* Revenue: €32.0 billion (down from €34.5 billion in 2019)
* Net income: €384 million (down from €1.9 billion in 2019)
* Total assets: €831 billion (up from €819 billion in 2019)
* Total equity: €23.3 billion (down from €24.7 billion in 2019)
In addition, Aegon paid out €1.6 billion in dividends to shareholders in 2020, representing a dividend yield of around 6.5% based on the stock's price at the time of writing.
Regarding growth, it's worth noting that Aegon has been facing challenges in recent years due to low interest rates, which have put pressure on the company's investment income. Additionally, the COVID-19 pandemic has created uncertainty in the financial markets, which has had an impact on Aegon's business and financial performance. However, the company has been undertaking various initiatives to streamline its operations and improve its financial performance, including divesting non-core businesses and investing in digitalization and automation.
Overall, while Aegon N.V. has faced some challenges in recent years, the company remains a significant player in the global life insurance and pensions industry, with a strong balance sheet and a presence in multiple markets around the world. As with any investment, prospective investors should carefully consider their own investment objectives, risk tolerance, and financial situation before investing in Aegon or any other company.