AllAnalyst Report
logoMorningstarMarch 14, 2024

Aegon Ltd.: Aegon May Not Be Pretty, but It Is Slowly Getting More Attractive and Moaty

Symbols
AEG
Sector(s)
Financial Services
Rating
Current Price
$6.20
Fair Value
Economic Moat
Stewardship
Summary

Aegon is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now

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Analyst Profile

Henry Heathfield

Equity Analyst
Henry Heathfield, CFA, is an equity analyst for Morningstar Holland BV, a wholly owned subsidiary of Morningstar, Inc. He covers insurance.Before joining Morningstar in 2016, Heathfield spent five years as a European and U.K. generalist at Silchester International Investors and three years at Redmayne-Bentley Stockbrokers.Heathfield holds a bachelor’s degree from Nottingham Trent University and a master’s degree in finance from the London Business School.