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## ❏ AMERICAS 

In the Americas, AEGON has taken steps to realign the organization and this new structure is delivering positive results. Refocusing distribution and consolidating administrative functions will enable the company to reduce operating expenses while continuing to grow the business. 

<img src='content_image/244925.jpg'>

<img src='content_image/244926.jpg'>

## Underlying earnings by lines of business 

In USD million 

<img src='content_image/244927.jpg'>

<img src='content_image/244928.jpg'>

<img src='content_image/244929.jpg'>

<img src='content_image/244932.jpg'>

