Aegon reports 11% increase in protection sales

clock • 1 min read

Aegon has announced an 11% increase in protection sales in its Q4 2016 results, compared to the previous year.

Meanwhile, platform assets hit £13.4 billion following net inflows of £1.9 billion, Aegon said. Stephen Crosbie, protection director at Aegon, said: "It's very encouraging to see an 11% increase in sales for the year, especially against a backdrop of challenging market conditions. "Protection is a core element of our overall business and we've worked hard to invest in our proposition and speed up our application process as well as including practical and emotional support through the Health Assured service. "We're looking to continue the momentum this year, identifying further area...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Business

Business Protection: Are advisers doing enough to help clients mitigate risk?

Business Protection: Are advisers doing enough to help clients mitigate risk?

COVER, Talks: Business Protection, Thursday 18 April

Cover
clock 20 March 2024 • 2 min read
Workplace financial stress costs firms £10.3bn annually

Workplace financial stress costs firms £10.3bn annually

CEBR report shows financial stress is plaguing UK workforce

Sahar Nazir
clock 14 November 2023 • 2 min read
The cost-of-living crisis and conveying need in an uncertain market

The cost-of-living crisis and conveying need in an uncertain market

"Key to successful conversion is positioning and language"

Nathaniel Lee
clock 28 September 2023 • 2 min read