Aegon Releases 2012 Annual Report and Publishes Integrated 2012 Review

Fri Mar 22, 2013 10:00am EDT

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THE HAGUE,  March 22, 2013  /PRNewswire/ --

Aegon N.V. has today released its 2012 Annual Report and has filed its Annual
Report on Form 20-F with the United States Securities and Exchange Commission

Aegon is also publishing its integrated 2012 Review. The Review provides a
concise overview of Aegon's strategic objectives, business model, risk factors,
governance, operating environment and financial performance. In addition, the
Review provides insight into how Aegon is carrying-out its responsibilities
toward its different stakeholders, and the impact of its operations on the
broader community. The range of topics covered include customer loyalty,
employee engagement, responsible investing and corporate citizenship.

An electronic version of Aegon's 2012 Annual Report, the 2012 Annual Report on
Form 20-F and the 2012 Review is available at Printed
copies of the reports can also be ordered by completing an online form. Other
documents related to Aegon's Annual General Meeting of Shareholders (AGM),
including the agenda for the AGM, will be available as of  April 3, 2013.


Forward-looking statements

The statements contained in this document that are not historical facts are
forward-looking statements as defined in the US Private Securities Litigation
Reform Act of 1995. The following are words that identify such forward-looking
statements: aim, believe, estimate, target, intend, may, expect, anticipate,
predict, project, counting on, plan, continue, want, forecast, goal, should,
would, is confident, will, and similar expressions as they relate to Aegon.
These statements are not guarantees of future performance and involve risks,
uncertainties and assumptions that are difficult to predict. Aegon undertakes no
obligation to publicly update or revise any forward-looking statements. Readers
are cautioned not to place undue reliance on these forward-looking statements,
which merely reflect company expectations at the time of writing. Actual results
may differ materially from expectations conveyed in forward-looking statements
due to changes caused by various risks and uncertainties. Such risks and
uncertainties include but are not limited to the following:

* Changes in general economic conditions, particularly in  the United States, 
the Netherlands  and the  United Kingdom;
* Changes in the performance of financial markets, including emerging markets,
such as with regard to:
* The frequency and severity of defaults by issuers in Aegon's fixed income
investment portfolios;
* The effects of corporate bankruptcies and/or accounting restatements on the
financial markets and the resulting decline in the value of equity and debt
securities Aegon holds; and
* The effects of declining creditworthiness of certain private sector securities
and the resulting decline in the value of sovereign exposure that Aegon holds;
* Changes in the performance of Aegon's investment portfolio and decline in
ratings of Aegon's counterparties;
* Consequences of a potential (partial) break-up of the euro;
* The frequency and severity of insured loss events;
* Changes affecting mortality, morbidity, persistence and other factors that may
impact the profitability of Aegon's insurance products;
* Reinsurers to whom Aegon has ceded significant underwriting risks may fail to
meet their obligations;
* Changes affecting interest rate levels and continuing low or rapidly changing
interest rate levels;
* Changes affecting currency exchange rates, in particular the EUR/USD and
EUR/GBP exchange rates;
* Changes in the availability of, and costs associated with, liquidity sources
such as bank and capital markets funding, as well as conditions in the credit
markets in general such as changes in borrower and counterparty
* Increasing levels of competition in  the United States,  the Netherlands, the 
United Kingdom  and emerging markets;
* Changes in laws and regulations, particularly those affecting Aegon's
operations, ability to hire and retain key personnel, the products Aegon sells,
and the attractiveness of certain products to its consumers;
* Regulatory changes relating to the insurance industry in the jurisdictions in
which Aegon operates;
* Changes in customer behavior and public opinion in general related to, among
other things, the type of products also Aegon sells, including legal, regulatory
or commercial necessity to meet changing customer expectations;
* Acts of God, acts of terrorism, acts of war and pandemics;
* Changes in the policies of central banks and/or governments;
* Lowering of one or more of Aegon's debt ratings issued by recognized rating
organizations and the adverse impact such action may have on Aegon's ability to
raise capital and on its liquidity and financial condition;
* Lowering of one or more of insurer financial strength ratings of Aegon's
insurance subsidiaries and the adverse impact such action may have on the
premium writings, policy retention, profitability and liquidity of its insurance
* The effect of the European Union's Solvency II requirements and other
regulations in other jurisdictions affecting the capital Aegon is required to
* Litigation or regulatory action that could require Aegon to pay significant
damages or change the way Aegon does business;
* As Aegon's operations support complex transactions and are highly dependent on
the proper functioning of information technology, a computer system failure or
security breach may disrupt Aegon's business, damage its reputation and
adversely affect its results of operations, financial condition and cash flows;
* Customer responsiveness to both new products and distribution channels;
* Competitive, legal, regulatory, or tax changes that affect profitability, the
distribution cost of or demand for Aegon's products;
* Changes in accounting regulations and policies may affect Aegon's reported
results and shareholders' equity;
* The impact of acquisitions and divestitures, restructurings, product
withdrawals and other unusual items, including Aegon's ability to integrate
acquisitions and to obtain the anticipated results and synergies from
* Catastrophic events, either manmade or by nature, could result in material
losses and significantly interrupt Aegon's business; and
* Aegon's failure to achieve anticipated levels of earnings or operational
efficiencies as well as other cost saving initiatives.

Further details of potential risks and uncertainties affecting Aegon are
described in its filings with the Netherlands Authority for the Financial
Markets and the US Securities and Exchange Commission, including the Annual
Report. These forward-looking statements speak only as of the date of this
document. Except as required by any applicable law or regulation, Aegon
expressly disclaims any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained herein to
reflect any change in Aegon's expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is based.


As an international life insurance, pensions and asset management company based
in  The Hague, Aegon has businesses in over twenty markets in the Americas, 
Europe  and  Asia. Aegon companies employ approximately 24,000 people and have
millions of customers across the globe. Further information:

Media relations    
Greg Tucker     



Investor relations
Willem van den Berg





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