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Impairment charges / (reversals)
12 Months Ended
Dec. 31, 2022
Text block [abstract]  
Impairment charges / (reversals)
15 Impairment charges / (reversals)
 
Impairment charges / (reversals) comprise:
  
            2022
                2021 
1)
                2020 
1)
 
Impairment charges on financial assets, excluding receivables
     39       11       204  
Impairment reversals on financial assets, excluding receivables
     (19     (42     (28
Impairment charges and reversals on
non-financial
assets and receivables
     48       48       107  
Total
  
 
68
 
 
 
16
 
 
 
284
 
 
1
 
Amounts for 2021 and 2020 have been
re-presented
to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
 
Impairment charges on financial assets, excluding receivables, from:
  
            2022
                 2021 
1)
                 2020 
1)
 
Shares
     3        1        42  
Debt securities and money market instruments
     36        9        161  
Loans
     -        -        2  
Total
  
 
39
 
  
 
11
 
  
 
204
 
 
1
 
Amounts for 2021 and 2020 have been
re-presented
to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
 
 
Impairment reversals on financial assets, excluding receivables, from:
  
            2022
                2021 
1)
                2020 
1)
 
Shares
     -       (8     -  
Debt securities and money market instruments
     (18     (30     (26
Loans
     (1     (0     (0
Other
     -       (4     (1
Total
  
 
(19
 
 
(42
 
 
(28
 
1
 
Amounts for 2021 and 2020 have been
re-presented
to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
Impairment charges on financial assets in 2020 were mainly driven by Americas impairments on public fixed income holdings, primarily in the energy sector, as a consequence of the weakening demand related to the nationwide lockdown due to
COVID-19.
Impairment charges on
non-financial
assets and receivables in 2020 are mainly related to a valuation allowance due to the ongoing rehabilitation process of a reinsurer of Aegon Americas for EUR 68 million.
For more details on impairments on financial assets, excluding receivables, refer to note 4 Financial risks.