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Aegon Insurance

December 16th, 2015 Leave a comment Go to comments


By : Aries Kurniawan

History of Aegon Insurance

best life insurance companies

best life insurance companies

Aegon was founded in 1983 from the merger of AGO Holding NV which was created by the merger of three companies in 1968 , and Ennia NV was formed by the merger of three companies in 1969 . Aegon Insurance Established as one of the leading providers of pensions, protection, annuities and investments, history of Scottish Equitable in 1831 making it one of the most experienced providers. In 1994, the company joined the group and now AEGON companies offering life insurance.

As a company AEGON is an international provider of insurance, pension and asset management life. The head office is located in Hague, Netherlands. AEGON employs more than 24,000 people who serve millions of customers around the world. Totally, the company overseeing the EUR 458 billion in investments that generate revenue . AEGON is a major operation in the United States, the Netherlands and the UK, but in recent years the company became increasingly developed into new growth markets in Asia, the Middle East, Europe and Latin America. AEGON is one of the largest insurance companies in the United States, and placed in the first rank in the Dutch pension market group, and the third in a list of individual retirement of UK market. AEGON has more than 160 years of experiences and now holds 26 % equity in Arli .

AEGON has helped customers to secure their financial future since 1831. They are part of the AEGON Group, one of the world’s largest providers of pensions, investments and protection.

Aegon Scottish Equitable acquired in 1994. In 1998 formed Stonebridge International Insurance Ltd. to create and market a wide range of personal insurance products, provide crash protection , health and unemployment of own customers through business partners .

In 1999 the life insurance business acquired Guardian Royal Exchange. In that year also be bought Transamerica Corporation.

On August 13, 2007, Aegon and Merrill Lynch announced a strategic business partnership in the field of life insurance and investment products. As part of the relationship, Aegon acquired two life insurance companies Merrill Lynch valued at U.S. $ 1.3 billion.

On April 23, 2008, Donald J. Shepard as a Chairman of the Executive Board and CEO of AEGON NV following the Annual General Meeting of Shareholders Group, Donald Shepard announced his retirement in November 2007, after six years as Chairman.

On October 28, 2008, the Dutch government and De Nederlandsche Bank Aegon agreed to provide capital in the form of money worth at € 3 billion, in order to create a buffer stock in exchange for convertible bonds, other than that to facilitate groups who are experiencing a financial crisis. On June 15 in the year of 2011 Aegon has fulfilled its main purpose, namely repurchasing all core capital securitis at amount of € 3000000000 that issued to the Dutch state. Aegon’s total amount has been paid to the Netherlands up to € 4.1 billion. Of this amount, € 3000000000 cover genuine issue of core capital securities, while an additional € 1100000000 paid in premium and interest. On August 3, 2011, AEGON USA announced that all the various businesses that will be grouped under a single brand name that is named Transamerica. Transamerica main business is life insurance, investment and retirement. This group serves companies that its history is over 100 years , the products and services has become well known throughout the United States , including the company’s founder Investors Life Insurance of America and Monumental Life Insurance Company .

Aegon insurance company is an insurance company that is growing from year to year. With the IBM solution AEGON’s corporate customer response increased by 78 percent, increasing the purchasing policy with 3 percent and expects to increase cross-sell opportunities. For those of you who want to get more detailed information, you can contact directly at Phone: (972) 881-6688, Fax: (972) 881-4072. Hopefully this information can increase knowledge :).


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