The German share price index DAX graph is shown on the Frankfurt stock exchange in Frankfurt.
European shares opened higher on Thursday after data showed signs of U.S. inflation cooling, while Dutch insurer Aegon climbed after raising its full-year forecast.
The pan-European STOXX 600 index rose 0.4% after it posted its best session in nearly two weeks on Wednesday, on bets that the inflation reading will encourage the Federal Reserve to become less aggressive on interest rates hikes.
Aegon jumped to the top of the STOXX 600 by 7.5%, as it raised its forecasts for full-year operating capital generation and 2021 -- 2023 free cash flow.
The European insurance sector index was up 0.8% in early trading and was among the top gainers.
Zurich Insurance Group added 1.3% as it reported a better than expected rise in operating profit in the first half.