Latest Aegon Headlines
All the headlines from our Aegon Topic Page, ordered by recency.
Aegon to Merge Dutch Arm With Insurer ASR Nederland in $4.9 Billion Deal
Oct 27 2022 // Aegon NV is combining its operations in the Netherlands with insurer ASR Nederland NV, in a bid for market dominance in the pension, life and non-life insurance sectors. Aegon agreed to a conditional deal for a total...
Vienna Insurance Group Completes Purchase of Aegon’s Hungary Business for €620M
Mar 24 2022 // Vienna Insurance Group (VIG) acquired the business of the Dutch insurer Aegon in Hungary for €620 million ($682.6 million) after receiving approval from Hungarian regulatory authorities. The deal, which closed on March...
EU Orders Hungary to Cancel Its Veto of Sale of Aegon Unit to Vienna Insurance
Feb 22 2022 // Hungary was ordered by the European Union to cancel its decision to block the sale of Dutch insurer’s Aegon NV’s local unit to Vienna Insurance Group AG. The European Commission gave Hungary a March 18 deadline...
Vienna Insurance Agrees to Share Ownership of Hungary Unit to Save Aegon Deal
Dec 28 2021 // Vienna Insurance Group AG agreed to share ownership of its Hungarian operations with a state investment fund after months of negotiations, in order to salvage an 830 million-euro ($941 million) deal to buy regional assets...
European Commission Clears Vienna Insurance Acquisition of Aegon’s Businesses
Aug 13 2021 // The European Commission has granted competition law clearance for Vienna Insurance Group’s proposed acquisition of Aegon’s businesses in Central and Eastern Europe, according to the insurer. The acquisition by...
Hungary’s Surprise Veto of $1B Aegon Deal with Vienna Insurance Sparks Dutch Outcry
Apr 20 2021 // The Dutch government has raised concerns with Hungarian officials after a decision in Budapest to block the sale of Aegon NV’s local unit to Vienna Insurance Group AG, according to several people familiar with the...
Vienna Insurance Bolsters Position in E. Europe with Purchase of Aegon Unit
Nov 30 2020 // Vienna Insurance Group AG bolstered its position as the biggest insurer in central and eastern Europe by agreeing to buy Aegon NV’s business in the region and in Turkey for 830 million euros ($990 million),...
Santander Pays $1.1B to Replace Allianz with Aegon, Mapfre in Spain Joint Venture
Jun 25 2019 // Banco Santander SA agreed to pay 937 million euros ($1.1 billion) to buy Allianz SE out of an insurance joint venture in Spain, more than halving the value of the German insurer’s assets under management in the...
Aon Completes Acquisition of Dutch Broker Unirobe Meeùs Groep
Nov 1 2017 // Aon Groep Nederland announced it has completed its acquisition of Unirobe Meeùs Group (UMG) from Aegon for €295 million (343.4 million). The acquisition encompasses the whole of Unirobe Meeùs Group, said Aon, noting...
Dutch Insurer Aegon Eyes Acquisitions Such as Smaller Competitor ASR
Oct 23 2017 // Aegon NV, the Dutch insurer that generates most of its business from the U.S., is scouting for acquisitions and has looked at companies including smaller rival ASR Nederland NV amid consolidation in the domestic market,...
Aon Agrees to Buy Dutch Broker Unirobe Meeùs Groep from Aegon for $347.9M
Aug 8 2017 // Aon Groep Nederland announced it has entered into an agreement to acquire Utrecht-based broker Unirobe Meeùs Groep (UMG) from Aegon for €295 million ($347.9 million). The transaction is subject to works council advice...
Transamerica Owner Aegon’s Profits Up; Shares Drop on Solvency Concerns
May 11 2017 // Aegon, the Dutch insurer that does most of its business in the United States, on Thursday reported first-quarter net income of 378 million euros ($411 million), helped by the performance of its investment...
Aegon Hunts for New CFO to Replace Button Who Will Return to U.S.
Sep 6 2016 // Aegon NV is seeking a new chief financial officer to replace Darryl Button, who is leaving the insurer after three years in the post. A thorough process is underway to select a successor, Aegon said in a statement on...
Aegon, Transamerica Owner, Sells $4.4B UK Annuity Portfolio to Legal & General
May 23 2016 // Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., divested the final 3 billion pounds ($4.4 billion) of annuities from its U.K. portfolio to Legal & General Group Plc. The transaction, which covers 27,000...
Aegon to Acquire BlackRock’s U.K. Defined-Contribution Pension Business
May 3 2016 // Aegon NV agreed to buy BlackRock Inc.’s U.K. defined-contribution pension business to bolster its position in the country’s workplace-savings market. The deal will transfer 12 billion pounds ($17.6 billion) of...
Aegon to Sell $8.5B of U.K. Annuity Portfolio to Rothesay Life, to Free Up Capital
Apr 11 2016 // Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., agreed to sell two-thirds of its U.K. annuity portfolio to Rothesay Life Ltd., helping to boost capital buffers under new regulations. Aegon will initially...
Update: Aegon Reports Q4 Pretax Profit of $534.9M, Down 14% on U.S. Income
Feb 19 2016 // Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., fell in Amsterdam trading after decline in U.S. income pushed down fourth-quarter pre-tax earnings. The stock dropped as much as 4.5 percent and was down 3.2...
Allianz to Buy Aegon’s Commercial P&C Portfolio in the Netherlands
Jan 22 2016 // Allianz has agreed to acquire the commercial P&C portfolio of Aegon in the Netherlands. Details of the transaction were not disclosed. Allianz’s P&C market share in the Netherlands will rise from 4.4 percent...
Update: Dutch Insurer Aegon Plans $432M Share Buy-Back, to Cut U.S. Costs
Jan 13 2016 // Aegon NV jumped the most in almost six years after saying it plans to buy back 400 million euros ($432 million) of shares and cut costs to improve its return on equity. The Dutch owner of insurer Transamerica Corp....
Aegon, Transamerica’s Owner, Added to FSB’s List of 9 Too-Big-to-Fail Insurers
Nov 3 2015 // Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., has been added to a list of insurers deemed systemically important by global financial rule makers, while Italy’s Assicurazioni Generali SpA was...
