AEGON NV (AEG) is a Netherlands-based life insurer offering a forward dividend yield of around 6.29%. This insurer performed exceptionally well, along with the rest of the financial sector since I first wrote about it in September 2016. In 2018, its stock price like much of the financial sector, however, performed poorly. Despite this poor performance, AEG's price to book value still improved from around 0.23 to around 0.45, which although a substantial improvement remains low.
This article will explore the potential contributors to AEG's low price to book value relative to other