TENNIS SPONSOR Aegon has been forced to take heavy losses on the value of its investments showing the impact of the financial markets on the insurance sector. Falling share prices have led the company to reduce expectations of future earnings in its Captive fund where premiums are invested against future payouts. Despite the news Aegon’s shares rose as its the underlying performance in its insurance business was ahead of expectations in the market. The company gave guidance on profitability in line with its forecasts.
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