Aegon

Aegon N.V. (officially typeset AEGON) is one of the world’s largest life insurance and pension groups, and a strong provider of investment products. Aegon's head office is in The Hague, Netherlands. At the end of 2010, Aegon companies employed about 27,500 people worldwide, serving approximately 40 million customers.

History

Aegon was founded in 1983 from the merger of AGO Holding N.V. (itself created by the merger of three companies in 1968) and Ennia N.V. (itself formed by the merger of three companies in 1969). Its U.S. headquarters are in Cedar Rapids, Iowa. It acquired Scottish Equitable in 1994.

In 1998 it formed Stonebridge International Insurance Ltd to create and market a range of personal insurance products, providing accident, health and unemployment cover to its own customers and via business partners.

In 1999 it acquired the life assurance business of Guardian Royal Exchange. That year it also bought Transamerica Corporation.

On August 13, 2007, Aegon and Merrill Lynch announced a strategic business partnership in the areas of life insurance and investment products. As part of the relationship, Aegon acquired two of Merrill Lynch's life insurance companies for US$1.3 billion.

On April 23, 2008, Alex Wynaendts succeeded the retiring Donald...
Read More