7 Other operating expenses Other operating expenses reflect the expenses related to the non-insurance business. The table below also includes the insurance related expenses which are presented as insurance service expenses in the income statement.
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1H 2026 |
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1H 2025 1 |
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Insurance |
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Non-Insurance |
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Insurance |
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Non-Insurance |
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Policyholder claims and benefits |
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(2,769 |
) |
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- |
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(3,450 |
) |
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- |
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Onerous contract losses (and reversals) |
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(878 |
) |
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- |
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(626 |
) |
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- |
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Commissions |
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(814 |
) |
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(444 |
) |
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(737 |
) |
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(470 |
) |
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Handling and clearing fees |
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- |
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(8 |
) |
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- |
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(13 |
) |
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assets – interest expense |
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- |
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(1 |
) |
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- |
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(1 |
) |
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Employee expenses |
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(283 |
) |
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(459 |
) |
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(219 |
) |
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(522 |
) |
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Administration expenses |
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(188 |
) |
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(283 |
) |
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(263 |
) |
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(217 |
) |
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Deferred transaction expenses |
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- |
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17 |
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- |
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20 |
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Amortization of deferred expenses |
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- |
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(11 |
) |
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- |
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(10 |
) |
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Amortization of other intangibles |
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- |
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(8 |
) |
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- |
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(8 |
) |
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Total |
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(4,932 |
) |
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(1,197 |
) |
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(5,296 |
) |
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(1,220 |
) |
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Amounts attributed to acquisition cash flows |
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654 |
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- |
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547 |
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- |
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Amortization of acquisition cash flows |
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(275 |
) |
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- |
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(273 |
) |
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- |
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Amortization of acquisition cash flows PAA |
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(12 |
) |
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- |
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(11 |
) |
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- |
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Total other operating expenses |
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(4,565 |
) |
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(1,197 |
) |
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(5,033) |
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(1,220) |
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1 |
1H 2025 figures are restated as Aegon UK is classified as discontinued operations. |
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