Earnings of Transamerica parents falls on old age mortality revisions

November 14, 2014 by Maud van Gaal

(Bloomberg) — Aegon NV fell the most in more than two years in Amsterdam trading after earnings missed analysts’ estimates on a revision to life expectancy models related mostly to people in the U.S. 85 and older.

The stock slid 6.1 percent to 6.10 euros today, the biggest drop since June 1, 2012. The shares were the worst performers in the 32-company Bloomberg Europe 500 Insurance Index. Click here to read…

Originally Posted at LifeHealthPro on November 14, 2014 by Maud van Gaal.