Insurer Aegon raises capital generation forecast after Q3 beat
Correct day of week in paragraph 1
Nov 15 (Reuters) -Dutch insurer Aegon AEGN.AS raised its full-year capital generation target on Fridayafter it beat market estimates for the metric in the third quarter driven by its U.S. business.
Its operating capital generation before holding funding and operating expenses was 336 million euros ($354.2 million) in the quarter, while analysts polled by the company were expecting 296 million euros on average.
Aegon now expects the figure to be around 1.2 billion euros for the full year, compared with around 1.1 billion previously.
($1 = 0.9487 euros)
Reporting by Leo Marchandon in Gdansk; editing by Milla Nissi
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