Aegon Ltd. (NYSE:AEG) Q2 2024 Earnings Conference Call August 22, 2024 3:00 AM ET
Company Participants
Yves Cormier - Head of Investor Relations
Lard Friese - Chief Executive Officer
Matthew Rider - Chief Financial Officer
Conference Call Participants
David Barma - Bank of America
Steven Haywood - HSBC
Michael Huttner - Berenberg
Farquhar Murray - Autonomous
Nasib Ahmed - UBS
Jason Kalamboussis - ING
Farooq Hanif - JPMorgan
Operator
Good day and thank you for standing by. Welcome to Aegon First Half 2024 Results Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there'll be a question-and-answer session. [Operator Instructions] Please note that today's conference is being recorded.
I would now like to hand the conference over to your speaker, Yves Cormier, Head of Investor Relations. Please go ahead.
Yves Cormier
Thank you, and good morning, everyone. It is good to have you join us for this conference call on our first half 2024 results. My name is Yves Cormier, Head of Investor Relations. Joining me today to take you through our results are Aegon's CEO, Lard Friese and for the last time before his retirement, our CFO, Matt Rider. As usual, after that we will continue with the Q&A session. But before we start, we would like to ask you to review our disclaimer on forward-looking statements which you can find at the back of the presentation.
Now I would like to give the floor to Lard.
Lard Friese
Thank you, Yves, and good day, everyone. Thanks for being on the call. As we go through the highlights of the past six months, I would like to take a step back and place these results in the context of the implementation of our strategy.
Our strategy is to grow our strategic assets as well as our positions in other core markets and to risk-manage and shrink our financial assets. Our ultimate objective is to build leading businesses in investments, protection and retirement solution in chosen markets and by doing so increase our operating results, OCG, and free cash flows over time, leading to growth in capital returns to stockholders.
In the US, we are making good progress building our distribution reach. We continue to grow in Indexed Universal Life and in retirement plans and at the same time, the momentum in Brazil remains solid and we have achieved very strong net deposits in the UK Workplace and in Asset Management.