Company: AEGOF
Filing Date: 2025-05-16
Form Type: 6-K
Source: 0001193125-25-121236
Chunk: 61

Company: AEGON LTD.
Filing Date: 2025-05-16
Form: 6-K
Chunk 61
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 set as a percentage of premium. Expert judgment is mainly required in order to classify costs as acquisition or renewal, to select the drivers in order to allocate costs to products, and to classify of expenses as exceptional or recurring expenses. Non-Lifeclaims ratios assumptions are based on recent claims experience of the entity and estimated short-term trends considering claims cost inflation. Health claims ratios are derived using Generalized linear models that estimate claims costs using clients data (age, gender, geographic location, etc.) and projected healthcare costs. Assumptions - Economic assumptions (for EU and UK (re)insurance legal entities) For the EU and UK (re)insurance legal entities, the key economic assumptions are the swap curve and the VA for discounting. The EU legal entities use the EIOPA swap curve, including the VA, while the UK legal entities match what is utilized within the UK sub-groupregulatory filing. Furthermore, for Aegon UK, the MA is considered to be a key economic assumption. In addition, economic scenarios are generated that are applied for the stochastic valuation of the options and guarantees included in some of the liabilities (i.e. where options and guarantees are material). Level of uncertainty associated with the value of the technical provisions (for EU and UK (re)insurance legal entities) The main source of uncertainty associated with the technical provisions is in the setting of assumptions where a significant level of judgment may be required about how future experience may differ from past experiences. The assessment of the potential impact of this uncertainty is performed by sensitivity testing of key assumptions. The Risk Margin is included in the technical provisions to allow for the uncertainty around the best estimate non-economicassumptions. The value of the technical provisions (for EU and UK (re)insurance legal entities) As per December 31, 2024, the technical provisions were as below: Value of technical provisions

|                         |     |                              |     |                               TP - life |     |          |     |         |
| Amounts in EUR millions |     | Index-linked and unit-linked |     | -excluding index-linked and unit-linked |     | Non-life |     |   Total |
| Best estimate           |     |                      111,360 |     |                                   3,401 |     |       70 |     | 114,831 |
| Risk margin             |     |                          327 |     |                                      84 |     |        3 |     |     414 |
| Technical provision     |     |                      111,687 |     |