v3.26.1
Total net investment result (Tables)
 6 Months Ended
Jun. 30, 2026
Total Net Investment Result [Abstract]  
Summary of Total Net Investment Result
 
     
    1H 2026
         1H 2025 
1
  
Insurance net investment result
      313       393  
Other net investment result
      125       163  
Financing net investment result
      (92 )      (91 ) 
Total net investment result
   
 
  346
 
  
 
  465
 
 
1
 
1H 2025 figures are restated as Aegon UK is classified as discontinued operations.
Summary of Insurance Net Investment Result 
5.1 Insurance net investment result
 
     Insurance contracts    
  1H 2026
  
        Direct part.        Without direct part.       Total 
1
 
Insurance investment return
       
Interest revenue on financial instruments calculated using the effective interest method      -       1,231       1,231  
Interest income from instruments measured at FVPL
      -       105       105  
Other investment income
      -       5       6  
Results from financial transactions
      4,610       708       5,318  
Impairment (losses) / reversals
      -       16       16  
Interest expenses      -       (39 )      (39 ) 
Profit or loss impacts
   
 
4,611
 
  
 
2,027
 
  
 
6,637
 
Unrealized gains / (losses) on financial assets (FVOCI)
      -       (565 )      (565 ) 
Realized gains / (losses) on disposal of financial assets (FVOCI)      -       (5 )      (5 ) 
OCI impacts
   
 
-
 
  
 
(570
) 
  
 
(570
) 
Total insurance investment return
   
 
4,611
 
  
 
1,457
 
  
 
6,067
 
Insurance finance income / (expenses) – General model
       
Interest accreted to insurance contracts
      -       (1,488 )      (1,488 ) 
Interest rate and other financial assumption changes
      -       (207 )      (208 ) 
Revaluation of changes in
non-financial
assumptions and experience adjustments to current interest rates		      -       50       50  
Insurance finance income / (expenses) – Variable fee approach
       
Change in fair value of underlying assets      (5,228 )      -       (5,228 ) 
Change in fulfillment value - risk mitigation option      615       -       615  
Total insurance finance income / (expenses)
   
 
(4,613
) 
  
 
(1,645
) 
  
 
(6,259
) 
Represented by:
       
Amounts recognized in profit or loss
      (4,616 )      (2,041 )      (6,657 ) 
Amounts recognized in OCI
      3       396       398  
Reinsurance finance income / (expenses) on reinsurance held
       
Interest accreted to reinsurance contracts
      -       339       339  
Interest rate and other financial assumption changes
      -       (134 )      (134 ) 
Revaluation of changes in
non-financial
assumptions and experience adjustments to current interest rates		      -       (35 )      (35 ) 
Changes in risk of
non-performance
of reinsurers
      -       (7 )      (7 ) 
Total reinsurance finance income / (expenses) on reinsurance held
   
 
-
 
  
 
163
 
  
 
163
 
Represented by:
       
Amounts recognized in profit or loss
      -       332       332  
Amounts recognized in OCI
      -       (169 )      (169 ) 
Insurance net investment result
   
 
(2
) 
  
 
(25
) 
  
 
(29
) 
Represented by:
       
Amounts recognized in profit or loss
      (5 )      318       313  
Amounts recognized in OCI
      3       (343 )      (341 ) 
 
1
 
Investment contracts with DPF - Without direct part. includes EUR (2) million in line Total insurance finance income / (expenses) and Insurance net investment result.
 
 
 
 
 
 
     Insurance contracts    
   
1H 2025
 1
  
        Direct part.        Without direct part.       Total  
Insurance investment return
       
Interest revenue on financial instruments calculated using the effective interest method      -       1,364       1,364  
Interest income from instruments measured at FVPL
      -       111       111  
Other investment income
      -       7       7  
Results from financial transactions
      3,705       110       3,814  
Impairment (losses) / reversals
      -       (1 )      (1 ) 
Interest expenses      -       (73 )      (73 ) 
Profit or loss impacts
   
 
3,705
 
  
 
1,517
 
  
 
5,223
 
Gains / (losses) on investments in equity instruments (FVOCI)
      -       (1 )      (1 ) 
Unrealized gains / (losses) on financial assets (FVOCI)
      -       745       745  
Realized gains / (losses) on disposal of financial assets (FVOCI)      -       76       76  
OCI impacts
   
 
-
 
  
 
821
 
  
 
821
 
Total insurance investment return
   
 
3,705
 
  
 
2,338
 
  
 
6,044
 
Insurance finance income / (expenses) – General model
       
Interest accreted to insurance contracts
      -       (1,533 )      (1,533 ) 
Interest rate and other financial assumption changes
      -       (827 )      (827 ) 
Revaluation of changes in
non-financial
assumptions and experience adjustments to current interest rates		      -       150       150  
Insurance finance income / (expenses) – Variable fee approach
       
Change in fair value of underlying assets      (3,637 )      -       (3,637 ) 
Change in fulfillment value - risk mitigation option      318       -       318  
Total insurance finance income / (expenses)
   
 
(3,320
) 
  
 
(2,210
) 
  
 
(5,530
) 
Represented by:
       
Amounts recognized in profit or loss
      (3,324 )      (1,773 )      (5,097 ) 
Amounts recognized in OCI
      4       (437 )      (433 ) 
Reinsurance finance income / (expenses) on reinsurance held
       
Interest accreted to reinsurance contracts
      -       280       280  
Interest rate and other financial assumption changes
      -       102       102  
Revaluation of changes in
non-financial
assumptions and experience adjustments to current interest rates		      -       (54 )      (54 ) 
Changes in risk of
non-performance
of reinsurers
      -       1       1  
Total reinsurance finance income / (expenses) on reinsurance held
   
 
-
 
  
 
329
 
  
 
329
 
Represented by:
       
Amounts recognized in profit or loss
      -       267       267  
Amounts recognized in OCI
      -       62       62  
Insurance net investment result
   
 
385
 
  
 
457
 
  
 
843
 
Represented by:
       
Amounts recognized in profit or loss
      381       12       393  
Amounts recognized in OCI
      4       446       450  
 
1
 
1H 2025 figures are restated as Aegon UK is classified as discontinued operations.
Summary of Results From Financial Transactions
5.2 Results from financial transactions
 
    
1H 2026
     1H 2025 
1
  
        Insurance     
Non-insurance
       Insurance    
Non-insurance
  
Fair value gains and losses derivatives
      154        (3 )      79       1  
Fair value changes of financial assets at FVPL
      5,121        2,259       3,760       1,980  
Other
      43        (4 )      (24 )      6  
Results from financial transactions
   
 
5,318
 
   
 
2,252
 
  
 
3,814
 
  
 
1,987
 
 
1
 
1H 2025 figures are restated as Aegon UK is classified as discontinued operations.