v3.26.1
Borrowings (Tables)
12 Months Ended
Dec. 31, 2025
Statement [LineItems]  
Summary of Borrowings
    
 
    2025
 
         2024  
Capital funding
     1,396        1,533  
Operational funding
     586        1,480  
On December 31
  
 
1,982
 
  
 
3,013
 
Current
     10        37  
Non-current
     1,972        2,976  
Fair value of borrowings
     2,059        3,076  
Capital funding [member]  
Statement [LineItems]  
Summary of Borrowings A detailed composition of capital funding is included in the following table:
 
      Coupon rate        Coupon date      Issue /
  Maturity
 
 
         
2025
           2024  
USD 760 million Senior Unsecured Notes
    5.500%     
Semi-annually, April 16
     2024 /
27
       647        731  
GBP 250 million Medium-Term Notes
    6.125%      December 15      1999 /
31
       286        301  
GBP 400 million Senior Unsecured Notes
    6.625%      Semi-annually, December 16      2009 /
39
       455        480  
Other
                           9        20  
On December 31
                        
 
1,396
 
  
 
1,533
 
Operational funding [member]  
Statement [LineItems]  
Summary of Borrowings
      Coupon rate          Coupon date      Issue /
  Maturity
 
 
         
2025
           2024  
FHLB Secured borrowings
1
    Fixed      Quarterly      2022 / 26        554        1,449  
North Westerly VI Note
1
    Floating      Quarterly      2020 / 32        15        15  
North Westerly VII Note
1
    Floating      Quarterly      2021 / 34        16        16  
On December 31
                        
 
586
 
  
 
1,480
 
 
1
 
Issued by a subsidiary of Aegon Ltd.