Strong Operating Capital Generation
Operating capital generation before holding and funding expenses was €267 million, showing a 4% year-on-year increase driven by business growth.
Planned Share Buyback Program
A new share buyback program of €200 million was announced, set to commence in July, following a €150 million program, indicating a commitment to returning excess capital to shareholders.
Growth in U.S. Agent Base and Life Sales
The number of licensed agents in the World Financial Group increased by 16% to 88,000, leading to higher life sales.
Positive Trends in New Life Sales Internationally
An 11% year-over-year increase in new life sales was recorded in the International segment.
Solid Capital Position
Cash capital at holding stood at a healthy €1.6 billion, with gross financial leverage at €5.1 billion, consistent with target levels.