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<!--Created on 2025-03-25 10:28:43 with the XBRLreports ESEF Creator. More info at www.xbrlreports.com-->
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DeferredGains" xlink:label="agn_DeferredGains_loc" xlink:type="locator" />
    <link:label id="agn_InsuranceItemsThatMayBeReclassifiedSubsequentlyToProfitOrLossAbstract_label_en" xlink:label="agn_InsuranceItemsThatMayBeReclassifiedSubsequentlyToProfitOrLossAbstract_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance items that may be reclassified subsequently to profit or loss [abstract]</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DiscontinuedOperationsThatWillNotBeReclassifiedNetOfTax" xlink:label="agn_DiscontinuedOperationsThatWillNotBeReclassifiedNetOfTax_loc" xlink:type="locator" />
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    <link:label id="agn_ChangesInCashFlowHedgingReserveOtherComprehensiveIncomeBeforeTax_label_en" xlink:label="agn_ChangesInCashFlowHedgingReserveOtherComprehensiveIncomeBeforeTax_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Changes in cash flow hedging reserve other comprehensive income before tax</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_ChangesInCashFlowHedgingReserveOtherComprehensiveIncomeBeforeTax" xlink:label="agn_ChangesInCashFlowHedgingReserveOtherComprehensiveIncomeBeforeTax_loc" xlink:type="locator" />
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    <link:label id="agn_ShareOfOtherComprehensiveIncomeOfJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax_label_en" xlink:label="agn_ShareOfOtherComprehensiveIncomeOfJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossBeforeTax_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Share of other comprehensive income of joint ventures accounted for using equity method that will be reclassified to profit or loss before tax</link:label>
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    <link:label id="agn_OtherComprehensiveIncomeRecognizedToGroupAssets_label_en" xlink:label="agn_OtherComprehensiveIncomeRecognizedToGroupAssets_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other comprehensive income recognized to group assets</link:label>
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    <link:label id="agn_InsuranceInterestExpenses_label_en" xlink:label="agn_InsuranceInterestExpenses_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance interest expenses</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_InsuranceInterestExpenses" xlink:label="agn_InsuranceInterestExpenses_loc" xlink:type="locator" />
    <link:label id="agn_InsuranceNetInvestmentResult_totalLabel_en" xlink:label="agn_InsuranceNetInvestmentResult_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Insurance net investment result</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_InsuranceNetInvestmentResult" xlink:label="agn_InsuranceNetInvestmentResult_loc" xlink:type="locator" />
    <link:label id="agn_InsuranceNetInvestmentResult_label_en" xlink:label="agn_InsuranceNetInvestmentResult_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance net investment result</link:label>
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    <link:label id="agn_InterestRevenueOnFinancialInstrumentsCalculatedUsingTheEffectiveInterestMethod_label_en" xlink:label="agn_InterestRevenueOnFinancialInstrumentsCalculatedUsingTheEffectiveInterestMethod_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Interest revenue on financial instruments calculated using the effective interest method</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_InterestRevenueOnFinancialInstrumentsCalculatedUsingTheEffectiveInterestMethod" xlink:label="agn_InterestRevenueOnFinancialInstrumentsCalculatedUsingTheEffectiveInterestMethod_loc" xlink:type="locator" />
    <link:label id="agn_OtherInvestmentIncome_label_en" xlink:label="agn_OtherInvestmentIncome_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other investment income</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_OtherInvestmentIncome" xlink:label="agn_OtherInvestmentIncome_loc" xlink:type="locator" />
    <link:label id="agn_ResultsFromFinancialTransactions_label_en" xlink:label="agn_ResultsFromFinancialTransactions_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Results from financial transactions</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_InvestmentContractIncomeExpenses" xlink:label="agn_InvestmentContractIncomeExpenses_loc" xlink:type="locator" />
    <link:label id="agn_OtherNetInvestmentResult_totalLabel_en" xlink:label="agn_OtherNetInvestmentResult_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Other net investment result</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_OtherNetInvestmentResult" xlink:label="agn_OtherNetInvestmentResult_loc" xlink:type="locator" />
    <link:label id="agn_OtherNetInvestmentResult_label_en" xlink:label="agn_OtherNetInvestmentResult_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other net investment result</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_OtherNetInvestmentResult_loc" xlink:to="agn_OtherNetInvestmentResult_label_en" xlink:type="arc" />
    <link:label id="agn_InterestCharges_label_en" xlink:label="agn_InterestCharges_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Interest charges</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_InterestCharges_loc" xlink:to="agn_InterestCharges_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_InterestCharges" xlink:label="agn_InterestCharges_loc" xlink:type="locator" />
    <link:label id="agn_FinancingNetInvestmentResult_label_en" xlink:label="agn_FinancingNetInvestmentResult_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Financing net investment result</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_FinancingNetInvestmentResult_loc" xlink:to="agn_FinancingNetInvestmentResult_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_FinancingNetInvestmentResult" xlink:label="agn_FinancingNetInvestmentResult_loc" xlink:type="locator" />
    <link:label id="agn_TotalNetInvestmentResult_totalLabel_en" xlink:label="agn_TotalNetInvestmentResult_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Total net investment result</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_TotalNetInvestmentResult_loc" xlink:to="agn_TotalNetInvestmentResult_totalLabel_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_TotalNetInvestmentResult" xlink:label="agn_TotalNetInvestmentResult_loc" xlink:type="locator" />
    <link:label id="agn_TotalNetInvestmentResult_label_en" xlink:label="agn_TotalNetInvestmentResult_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Total net investment result</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_TotalNetInvestmentResult_loc" xlink:to="agn_TotalNetInvestmentResult_label_en" xlink:type="arc" />
    <link:label id="agn_OtherIncomeCharges_label_en" xlink:label="agn_OtherIncomeCharges_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other income charges</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_OtherIncomeCharges_loc" xlink:to="agn_OtherIncomeCharges_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_OtherIncomeCharges" xlink:label="agn_OtherIncomeCharges_loc" xlink:type="locator" />
    <link:label id="agn_OtherResult_totalLabel_en" xlink:label="agn_OtherResult_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Other result</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_OtherResult_loc" xlink:to="agn_OtherResult_totalLabel_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_OtherResult" xlink:label="agn_OtherResult_loc" xlink:type="locator" />
    <link:label id="agn_OtherResult_label_en" xlink:label="agn_OtherResult_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other result</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_OtherResult_loc" xlink:to="agn_OtherResult_label_en" xlink:type="arc" />
    <link:label id="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_totalLabel_en" xlink:label="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Income loss before tax and share of profit loss of associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_loc" xlink:to="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_totalLabel_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures" xlink:label="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_loc" xlink:type="locator" />
    <link:label id="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_label_en" xlink:label="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Income loss before tax and share of profit loss of associates and joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_loc" xlink:to="agn_IncomeLossBeforeTaxAndShareOfProfitLossOfAssociatesAndJointVentures_label_en" xlink:type="arc" />
    <link:label id="agn_ProfitLossBeforeTaxFromDiscontinuedOperations_label_en" xlink:label="agn_ProfitLossBeforeTaxFromDiscontinuedOperations_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Profit loss before tax from discontinued operations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_ProfitLossBeforeTaxFromDiscontinuedOperations_loc" xlink:to="agn_ProfitLossBeforeTaxFromDiscontinuedOperations_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_ProfitLossBeforeTaxFromDiscontinuedOperations" xlink:label="agn_ProfitLossBeforeTaxFromDiscontinuedOperations_loc" xlink:type="locator" />
    <link:label id="agn_AdjustmentForReleaseOfCashFlowHedgingReserve_label_en" xlink:label="agn_AdjustmentForReleaseOfCashFlowHedgingReserve_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustment for release of cash flow hedging reserve</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentForReleaseOfCashFlowHedgingReserve_loc" xlink:to="agn_AdjustmentForReleaseOfCashFlowHedgingReserve_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_AdjustmentForReleaseOfCashFlowHedgingReserve" xlink:label="agn_AdjustmentForReleaseOfCashFlowHedgingReserve_loc" xlink:type="locator" />
    <link:label id="agn_AdjustmentsForNoncashItems_label_en" xlink:label="agn_AdjustmentsForNoncashItems_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for noncash items</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentsForNoncashItems_loc" xlink:to="agn_AdjustmentsForNoncashItems_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_AdjustmentsForNoncashItems" xlink:label="agn_AdjustmentsForNoncashItems_loc" xlink:type="locator" />
    <link:label id="agn_AdjustmentsForInvestmentContractsWithoutDiscretionaryParticipatingFeatures_label_en" xlink:label="agn_AdjustmentsForInvestmentContractsWithoutDiscretionaryParticipatingFeatures_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for investment contracts without discretionary participating features</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentsForInvestmentContractsWithoutDiscretionaryParticipatingFeatures_loc" xlink:to="agn_AdjustmentsForInvestmentContractsWithoutDiscretionaryParticipatingFeatures_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_AdjustmentsForInvestmentContractsWithoutDiscretionaryParticipatingFeatures" xlink:label="agn_AdjustmentsForInvestmentContractsWithoutDiscretionaryParticipatingFeatures_loc" xlink:type="locator" />
    <link:label id="agn_AdjustmentsForAccruedExpensesAndOtherLiabilities_label_en" xlink:label="agn_AdjustmentsForAccruedExpensesAndOtherLiabilities_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for accrued expenses and other liabilities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentsForAccruedExpensesAndOtherLiabilities_loc" xlink:to="agn_AdjustmentsForAccruedExpensesAndOtherLiabilities_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_AdjustmentsForAccruedExpensesAndOtherLiabilities" xlink:label="agn_AdjustmentsForAccruedExpensesAndOtherLiabilities_loc" xlink:type="locator" />
    <link:label id="agn_AdjustmentsForAccruedIncomeAndPrepayments_label_en" xlink:label="agn_AdjustmentsForAccruedIncomeAndPrepayments_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for accrued income and prepayments</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentsForAccruedIncomeAndPrepayments_loc" xlink:to="agn_AdjustmentsForAccruedIncomeAndPrepayments_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_AdjustmentsForAccruedIncomeAndPrepayments" xlink:label="agn_AdjustmentsForAccruedIncomeAndPrepayments_loc" xlink:type="locator" />
    <link:label id="agn_ChangesInAccruals_label_en" xlink:label="agn_ChangesInAccruals_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Changes in accruals</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_ChangesInAccruals_loc" xlink:to="agn_ChangesInAccruals_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_ChangesInAccruals" xlink:label="agn_ChangesInAccruals_loc" xlink:type="locator" />
    <link:label id="agn_AdjustmentsForReinsuranceContractsHeld_label_en" xlink:label="agn_AdjustmentsForReinsuranceContractsHeld_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for reinsurance contracts held</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentsForReinsuranceContractsHeld_loc" xlink:to="agn_AdjustmentsForReinsuranceContractsHeld_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_AdjustmentsForReinsuranceContractsHeld" xlink:label="agn_AdjustmentsForReinsuranceContractsHeld_loc" xlink:type="locator" />
    <link:label id="agn_PurchaseOfInvestmentsOtherThanMoneyMarketInvestments_label_en" xlink:label="agn_PurchaseOfInvestmentsOtherThanMoneyMarketInvestments_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Purchase of investments other than money market investments</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_PurchaseOfInvestmentsOtherThanMoneyMarketInvestments_loc" xlink:to="agn_PurchaseOfInvestmentsOtherThanMoneyMarketInvestments_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_PurchaseOfInvestmentsOtherThanMoneyMarketInvestments" xlink:label="agn_PurchaseOfInvestmentsOtherThanMoneyMarketInvestments_loc" xlink:type="locator" />
    <link:label id="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_negatedTerseLabel_en" xlink:label="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_negatedTerseLabel_en" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en">Purchase of derivatives</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_loc" xlink:to="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_negatedTerseLabel_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_PurchaseOfDerivativesClassifiedAsOperatingActivities" xlink:label="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_loc" xlink:type="locator" />
    <link:label id="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_label_en" xlink:label="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Purchase of derivatives classified as operating activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_loc" xlink:to="agn_PurchaseOfDerivativesClassifiedAsOperatingActivities_label_en" xlink:type="arc" />
    <link:label id="agn_DisposalOfInvestmentsOtherThanMoneyMarketInvestments_label_en" xlink:label="agn_DisposalOfInvestmentsOtherThanMoneyMarketInvestments_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disposal of investments (other than money market investments)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_DisposalOfInvestmentsOtherThanMoneyMarketInvestments_loc" xlink:to="agn_DisposalOfInvestmentsOtherThanMoneyMarketInvestments_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DisposalOfInvestmentsOtherThanMoneyMarketInvestments" xlink:label="agn_DisposalOfInvestmentsOtherThanMoneyMarketInvestments_loc" xlink:type="locator" />
    <link:label id="agn_DisposalOfDerivativesClassifiedAsOperatingActivities_label_en" xlink:label="agn_DisposalOfDerivativesClassifiedAsOperatingActivities_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disposal of derivatives classified as operating activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_DisposalOfDerivativesClassifiedAsOperatingActivities_loc" xlink:to="agn_DisposalOfDerivativesClassifiedAsOperatingActivities_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DisposalOfDerivativesClassifiedAsOperatingActivities" xlink:label="agn_DisposalOfDerivativesClassifiedAsOperatingActivities_loc" xlink:type="locator" />
    <link:label id="agn_NetPurchaseOfMoneyMarketInvestments_label_en" xlink:label="agn_NetPurchaseOfMoneyMarketInvestments_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Net purchase of money market investments</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_NetPurchaseOfMoneyMarketInvestments_loc" xlink:to="agn_NetPurchaseOfMoneyMarketInvestments_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_NetPurchaseOfMoneyMarketInvestments" xlink:label="agn_NetPurchaseOfMoneyMarketInvestments_loc" xlink:type="locator" />
    <link:label id="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_label_en" xlink:label="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Cash flow movements on operating items not reflected in income</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_loc" xlink:to="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome" xlink:label="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_loc" xlink:type="locator" />
    <link:label id="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_totalLabel_en" xlink:label="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flow movements on operating items not reflected in income</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_loc" xlink:to="agn_CashFlowMovementsOnOperatingItemsNotReflectedInIncome_totalLabel_en" xlink:type="arc" />
    <link:label id="agn_ChangeInOwnershipNonControllingInterests_label_en" xlink:label="agn_ChangeInOwnershipNonControllingInterests_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Change in ownership non controlling interests</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_ChangeInOwnershipNonControllingInterests_loc" xlink:to="agn_ChangeInOwnershipNonControllingInterests_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_ChangeInOwnershipNonControllingInterests" xlink:label="agn_ChangeInOwnershipNonControllingInterests_loc" xlink:type="locator" />
    <link:label id="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_periodStartLabel_en" xlink:label="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_periodStartLabel_en" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en">Net cash and cash equivalents at the beginning of the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_loc" xlink:to="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_periodStartLabel_en" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:label="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_loc" xlink:type="locator" />
    <link:label id="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_periodEndLabel_en" xlink:label="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_periodEndLabel_en" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en">Net cash and cash equivalents at the end of the year</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_loc" xlink:to="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_periodEndLabel_en" xlink:type="arc" />
    <link:label id="agn_DisposalOfGroupAssets_label_en" xlink:label="agn_DisposalOfGroupAssets_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disposal of group assets</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_DisposalOfGroupAssets_loc" xlink:to="agn_DisposalOfGroupAssets_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DisposalOfGroupAssets" xlink:label="agn_DisposalOfGroupAssets_loc" xlink:type="locator" />
    <link:label id="agn_IssuanceAndPurchaseOfTreasuryShares_label_en" xlink:label="agn_IssuanceAndPurchaseOfTreasuryShares_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Issuance and purchase of treasury shares</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_IssuanceAndPurchaseOfTreasuryShares_loc" xlink:to="agn_IssuanceAndPurchaseOfTreasuryShares_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_IssuanceAndPurchaseOfTreasuryShares" xlink:label="agn_IssuanceAndPurchaseOfTreasuryShares_loc" xlink:type="locator" />
    <link:label id="agn_CouponsOnPerpetualSecurities_label_en" xlink:label="agn_CouponsOnPerpetualSecurities_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Coupons on perpetual securities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_CouponsOnPerpetualSecurities_loc" xlink:to="agn_CouponsOnPerpetualSecurities_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_CouponsOnPerpetualSecurities" xlink:label="agn_CouponsOnPerpetualSecurities_loc" xlink:type="locator" />
    <link:label id="agn_RedemptionOtherEquityInstruments_label_en" xlink:label="agn_RedemptionOtherEquityInstruments_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Redemption other equity instruments</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_RedemptionOtherEquityInstruments_loc" xlink:to="agn_RedemptionOtherEquityInstruments_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_RedemptionOtherEquityInstruments" xlink:label="agn_RedemptionOtherEquityInstruments_loc" xlink:type="locator" />
    <link:label id="agn_DisclosureOfDeferredExpensesExplanatory_label_en" xlink:label="agn_DisclosureOfDeferredExpensesExplanatory_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Disclosure of deferred expenses explanatory [text block]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_DisclosureOfDeferredExpensesExplanatory_loc" xlink:to="agn_DisclosureOfDeferredExpensesExplanatory_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DisclosureOfDeferredExpensesExplanatory" xlink:label="agn_DisclosureOfDeferredExpensesExplanatory_loc" xlink:type="locator" />
    <link:label id="agn_DividendWithholdingTaxReduction_label_en" xlink:label="agn_DividendWithholdingTaxReduction_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Dividend withholding tax reduction</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_DividendWithholdingTaxReduction_loc" xlink:to="agn_DividendWithholdingTaxReduction_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DividendWithholdingTaxReduction" xlink:label="agn_DividendWithholdingTaxReduction_loc" xlink:type="locator" />
    <link:label id="agn_InterestIncomeOnFinancialInstrumentsUsingTheEffectiveInterestMethod_label_en" xlink:label="agn_InterestIncomeOnFinancialInstrumentsUsingTheEffectiveInterestMethod_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Interest income on financial instruments using the effective interest method</link:label>
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    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_InterestIncomeOnFinancialInstrumentsUsingTheEffectiveInterestMethod" xlink:label="agn_InterestIncomeOnFinancialInstrumentsUsingTheEffectiveInterestMethod_loc" xlink:type="locator" />
    <link:label id="agn_IncomeTaxRelatingToInsuranceItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en" xlink:label="agn_IncomeTaxRelatingToInsuranceItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Income tax relating to insurance items of other comprehensive income that will be reclassified to profit or loss</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_IncomeTaxRelatingToInsuranceItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_loc" xlink:to="agn_IncomeTaxRelatingToInsuranceItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_IncomeTaxRelatingToInsuranceItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:label="agn_IncomeTaxRelatingToInsuranceItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_loc" xlink:type="locator" />
    <link:label id="agn_ChangesInCashFlowHedgingReserveFromInsuranceContractsIssuedExcludedFromProfitAndLossBeforeTax_label_en" xlink:label="agn_ChangesInCashFlowHedgingReserveFromInsuranceContractsIssuedExcludedFromProfitAndLossBeforeTax_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Changes in cash flow hedging reserve from insurance contracts issued excluded from profit and loss before tax</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_ChangesInCashFlowHedgingReserveFromInsuranceContractsIssuedExcludedFromProfitAndLossBeforeTax_loc" xlink:to="agn_ChangesInCashFlowHedgingReserveFromInsuranceContractsIssuedExcludedFromProfitAndLossBeforeTax_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_ChangesInCashFlowHedgingReserveFromInsuranceContractsIssuedExcludedFromProfitAndLossBeforeTax" xlink:label="agn_ChangesInCashFlowHedgingReserveFromInsuranceContractsIssuedExcludedFromProfitAndLossBeforeTax_loc" xlink:type="locator" />
    <link:label id="agn_IncomeTaxRelatingToItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en" xlink:label="agn_IncomeTaxRelatingToItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Income tax relating to items of other comprehensive income that will be reclassified to profit or loss</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_IncomeTaxRelatingToItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_loc" xlink:to="agn_IncomeTaxRelatingToItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_IncomeTaxRelatingToItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:label="agn_IncomeTaxRelatingToItemsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_loc" xlink:type="locator" />
    <link:label id="agn_FinancingNetInvestmentResult_totalLabel_en" xlink:label="agn_FinancingNetInvestmentResult_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Financing net investment result</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_FinancingNetInvestmentResult_loc" xlink:to="agn_FinancingNetInvestmentResult_totalLabel_en" xlink:type="arc" />
    <link:label id="agn_AdjustmentsForNoncashItems_totalLabel_en" xlink:label="agn_AdjustmentsForNoncashItems_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Adjustments for noncash items</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentsForNoncashItems_loc" xlink:to="agn_AdjustmentsForNoncashItems_totalLabel_en" xlink:type="arc" />
    <link:label id="ifrs-full_CashFlowsFromUsedInFinancingActivities_totalLabel_en" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flows from (used in) financing activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities_loc" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_totalLabel_en" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_loc" xlink:type="locator" />
    <link:label id="ifrs-full_CashFlowsFromUsedInInvestingActivities_totalLabel_en" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flows from (used in) investing activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities_loc" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_totalLabel_en" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_loc" xlink:type="locator" />
    <link:label id="ifrs-full_CashFlowsFromUsedInOperatingActivities_totalLabel_en" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Cash flows from (used in) operating activities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities_loc" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_totalLabel_en" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_loc" xlink:type="locator" />
    <link:label id="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_totalLabel_en" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_loc" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_totalLabel_en" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_loc" xlink:type="locator" />
    <link:label id="agn_ChangesInAccruals_totalLabel_en" xlink:label="agn_ChangesInAccruals_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Changes in accruals</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_ChangesInAccruals_loc" xlink:to="agn_ChangesInAccruals_totalLabel_en" xlink:type="arc" />
    <link:label id="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_label_en" xlink:label="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Result before tax from continuing and discontinued operations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_loc" xlink:to="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations" xlink:label="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_loc" xlink:type="locator" />
    <link:label id="agn_AdjustmentForIncomeFromJointVentures_label_en" xlink:label="agn_AdjustmentForIncomeFromJointVentures_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustment for income from joint ventures</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentForIncomeFromJointVentures_loc" xlink:to="agn_AdjustmentForIncomeFromJointVentures_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_AdjustmentForIncomeFromJointVentures" xlink:label="agn_AdjustmentForIncomeFromJointVentures_loc" xlink:type="locator" />
    <link:label id="agn_GainsLossesOnFinancialAssetsFromNonInsuranceItemsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_label_en" xlink:label="agn_GainsLossesOnFinancialAssetsFromNonInsuranceItemsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Gains losses on financial assets from non insurance items measured at fair value through other comprehensive income before tax</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_GainsLossesOnFinancialAssetsFromNonInsuranceItemsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_loc" xlink:to="agn_GainsLossesOnFinancialAssetsFromNonInsuranceItemsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_GainsLossesOnFinancialAssetsFromNonInsuranceItemsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:label="agn_GainsLossesOnFinancialAssetsFromNonInsuranceItemsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_loc" xlink:type="locator" />
    <link:label id="agn_NonInsuranceInterestRevenueOnFinancialInstrumentsMeasuredAtFVPL_label_en" xlink:label="agn_NonInsuranceInterestRevenueOnFinancialInstrumentsMeasuredAtFVPL_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Non insurance interest revenue on financial instruments measured at FVPL</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_NonInsuranceInterestRevenueOnFinancialInstrumentsMeasuredAtFVPL_loc" xlink:to="agn_NonInsuranceInterestRevenueOnFinancialInstrumentsMeasuredAtFVPL_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_NonInsuranceInterestRevenueOnFinancialInstrumentsMeasuredAtFVPL" xlink:label="agn_NonInsuranceInterestRevenueOnFinancialInstrumentsMeasuredAtFVPL_loc" xlink:type="locator" />
    <link:label id="agn_NonInsuranceImpairmentLossesReversals_label_en" xlink:label="agn_NonInsuranceImpairmentLossesReversals_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Non insurance impairment losses reversals</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_NonInsuranceImpairmentLossesReversals_loc" xlink:to="agn_NonInsuranceImpairmentLossesReversals_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_NonInsuranceImpairmentLossesReversals" xlink:label="agn_NonInsuranceImpairmentLossesReversals_loc" xlink:type="locator" />
    <link:label id="agn_NonInsuranceInterestExpenses_label_en" xlink:label="agn_NonInsuranceInterestExpenses_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Non insurance interest expenses</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_NonInsuranceInterestExpenses_loc" xlink:to="agn_NonInsuranceInterestExpenses_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_NonInsuranceInterestExpenses" xlink:label="agn_NonInsuranceInterestExpenses_loc" xlink:type="locator" />
    <link:label id="agn_DilutedEarningsPerCommonShare_label_en" xlink:label="agn_DilutedEarningsPerCommonShare_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Diluted earnings per common share</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_DilutedEarningsPerCommonShare_loc" xlink:to="agn_DilutedEarningsPerCommonShare_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DilutedEarningsPerCommonShare" xlink:label="agn_DilutedEarningsPerCommonShare_loc" xlink:type="locator" />
    <link:label id="agn_BasicEarningsPerCommonShare_label_en" xlink:label="agn_BasicEarningsPerCommonShare_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Basic earnings per common share</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_BasicEarningsPerCommonShare_loc" xlink:to="agn_BasicEarningsPerCommonShare_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_BasicEarningsPerCommonShare" xlink:label="agn_BasicEarningsPerCommonShare_loc" xlink:type="locator" />
    <link:label id="agn_BasicEarningsPerCommonShareFromContinuingOperations_label_en" xlink:label="agn_BasicEarningsPerCommonShareFromContinuingOperations_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Basic earnings per common share from continuing operations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_BasicEarningsPerCommonShareFromContinuingOperations_loc" xlink:to="agn_BasicEarningsPerCommonShareFromContinuingOperations_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_BasicEarningsPerCommonShareFromContinuingOperations" xlink:label="agn_BasicEarningsPerCommonShareFromContinuingOperations_loc" xlink:type="locator" />
    <link:label id="agn_DilutedEarningsPerCommonShareFromContinuingOperations_label_en" xlink:label="agn_DilutedEarningsPerCommonShareFromContinuingOperations_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Diluted earnings per common share from continuing operations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_DilutedEarningsPerCommonShareFromContinuingOperations_loc" xlink:to="agn_DilutedEarningsPerCommonShareFromContinuingOperations_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_DilutedEarningsPerCommonShareFromContinuingOperations" xlink:label="agn_DilutedEarningsPerCommonShareFromContinuingOperations_loc" xlink:type="locator" />
    <link:label id="agn_InsuranceContractLiabilitiesExcludingInvestmentContract_label_en" xlink:label="agn_InsuranceContractLiabilitiesExcludingInvestmentContract_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Insurance contract liabilities excluding investment contract</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_InsuranceContractLiabilitiesExcludingInvestmentContract_loc" xlink:to="agn_InsuranceContractLiabilitiesExcludingInvestmentContract_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_InsuranceContractLiabilitiesExcludingInvestmentContract" xlink:label="agn_InsuranceContractLiabilitiesExcludingInvestmentContract_loc" xlink:type="locator" />
    <link:label id="agn_RevaluationReserveMember_label_en" xlink:label="agn_RevaluationReserveMember_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Revaluation reserve [member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_RevaluationReserveMember_loc" xlink:to="agn_RevaluationReserveMember_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_RevaluationReserveMember" xlink:label="agn_RevaluationReserveMember_loc" xlink:type="locator" />
    <link:label id="agn_OtherEquityReserveMember_label_en" xlink:label="agn_OtherEquityReserveMember_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other equity reserve [member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_OtherEquityReserveMember_loc" xlink:to="agn_OtherEquityReserveMember_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_OtherEquityReserveMember" xlink:label="agn_OtherEquityReserveMember_loc" xlink:type="locator" />
    <link:label id="agn_OtherEquityInstrumentsMember_label_en" xlink:label="agn_OtherEquityInstrumentsMember_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other equity instruments [member]</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_OtherEquityInstrumentsMember_loc" xlink:to="agn_OtherEquityInstrumentsMember_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_OtherEquityInstrumentsMember" xlink:label="agn_OtherEquityInstrumentsMember_loc" xlink:type="locator" />
    <link:label id="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_totalLabel_en" xlink:label="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_totalLabel_en" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en">Result before tax from continuing and discontinued operations</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_loc" xlink:to="agn_ResultBeforeTaxFromContinuingAndDiscontinuedOperations_totalLabel_en" xlink:type="arc" />
    <link:label id="agn_TrustPassThroughSecurities_label_en" xlink:label="agn_TrustPassThroughSecurities_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Trust pass through securities</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_TrustPassThroughSecurities_loc" xlink:to="agn_TrustPassThroughSecurities_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_TrustPassThroughSecurities" xlink:label="agn_TrustPassThroughSecurities_loc" xlink:type="locator" />
    <link:label id="agn_AdjustmentsForInvestmentContractsWithDiscretionaryParticipatingFeatures_label_en" xlink:label="agn_AdjustmentsForInvestmentContractsWithDiscretionaryParticipatingFeatures_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Adjustments for investment contracts with discretionary participating features</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_AdjustmentsForInvestmentContractsWithDiscretionaryParticipatingFeatures_loc" xlink:to="agn_AdjustmentsForInvestmentContractsWithDiscretionaryParticipatingFeatures_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_AdjustmentsForInvestmentContractsWithDiscretionaryParticipatingFeatures" xlink:label="agn_AdjustmentsForInvestmentContractsWithDiscretionaryParticipatingFeatures_loc" xlink:type="locator" />
    <link:label id="agn_OtherComprehensiveIncomeRecognizedToAssociates_label_en" xlink:label="agn_OtherComprehensiveIncomeRecognizedToAssociates_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Other comprehensive income recognized to associates</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_OtherComprehensiveIncomeRecognizedToAssociates_loc" xlink:to="agn_OtherComprehensiveIncomeRecognizedToAssociates_label_en" xlink:type="arc" />
    <link:loc xlink:href="Aegon_Ltd-2024-12-31.xsd#agn_OtherComprehensiveIncomeRecognizedToAssociates" xlink:label="agn_OtherComprehensiveIncomeRecognizedToAssociates_loc" xlink:type="locator" />
    <link:label id="agn_FinancialAssetsExcludingDerivatives_label_en" xlink:label="agn_FinancialAssetsExcludingDerivatives_label_en" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Financial assets excluding derivatives</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="agn_FinancialAssetsExcludingDerivatives_loc" xlink:to="agn_FinancialAssetsExcludingDerivatives_label_en" xlink:type="arc" />
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