Latest Aegon Headlines
All the headlines from our Aegon Topic Page, ordered by recency.
Best Affirms Aegon’s U.S. and Canadian Subs Ratings; Outlook Stable
Apr 10 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the U.S. life/health subsidiaries of the Netherlands Aegon N.V....
SCOR to Buy Aegon’s Transamerica Reinsurance Unit for $913 Million
Apr 26 2011 // French reinsurer SCOR is set to pay $913 million for most of Dutch insurer Aegon’s Transamerica Reinsurance operations. When concluded, the combined companies would become the second largest life reinsurer in the...
Ratings Recap: Aegon, Grafton (Europe), AGA, Inbursa, Malayan
Feb 24 2011 // Standard & Poor’s Ratings Services has said that its ratings and outlook on Netherlands-based insurance holding company AEGON N.V. (‘A-‘/Negative/A-2) and its core insurance operating subsidiaries...
European Insurers Dogged by Fresh Capital Fears
Feb 24 2011 // A bumper equity issue from Aegon and a disappointing dividend from Allianz stirred fresh fears about European insurers’ capital strength on Thursday, weighing on their shares. The capital-boosting measures by Allianz...
Dutch Insurer Aegon to take $290 Million Charge from U.S. Restructuring
Dec 2 2010 // Dutch insurer Aegon NV will cut up to 500 jobs in the United States and discontinue sales of certain types of life insurance policies, it said on Wednesday, leading to $290 million in restructuring charges and...
Sources Report SCOR, RGA in Race to Acquire Aegon’s Transamerica Re
Oct 29 2010 // French reinsurer SCOR Group and Reinsurance Group of America (RGA) are in the race to buy Dutch insurer Aegon NV’s Transamerica Reinsurance unit, sources familiar with the matter said. The auction, which started...
Aegon May Sell Transamerica Re; to Concentrate on UK Units
Jun 23 2010 // Dutch insurer Aegon NV is considering the sale of its U.S.-based Transamerica Reinsurance unit but has decided not to sell its UK arm, as it seeks to concentrate on its most profitable activities. Aegon said on Tuesday any...
Life products, Asset Mgmt. Buoy Allianz, Generali, Aegon, Ageas in Q1
May 13 2010 // European insurers were buoyed by strong sales of life insurance and asset management products on the back of a reviving economy in the first quarter, offsetting big disaster damage claims. Germany’s Allianz,...
Ratings Roundup: Glencoe (RenRe), Aegon, IGI
Aug 18 2009 // Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Glencoe Insurance Ltd., Stonington Insurance Co., Lantana Insurance Ltd., and Stonington...
More European Insurers Hit by Market Writedowns
May 14 2009 // More European insurers unveiled writedowns on their investments in a second wave of first-quarter results on Thursday, although some said sales were proving relatively resilient. Analysts said investors were left with...
Aegon, L&G See More Defaults, Insurer Woes Continue
Feb 18 2009 // Writedown woes hit European insurers again on Tuesday as life insurers Legal & General Plc and Aegon NV predicted more companies would default on loans, sending insurance shares down. Legal & General more than...
AEGON’s Bid for TARP Cash Doomed
Nov 21 2008 // A Dutch insurer’s experimental bid to tap the U.S. government for bailout cash looks doomed to failure, closing off an avenue for other insurers. Aegon NV said this week it was mulling buying a small U.S. bank to...
Aegon Gets $3.75 Billion in Capital from Dutch Government
Oct 28 2008 // Financial service provider and insurer Aegon became the latest Dutch company to tap into government funding on Tuesday, taking €3 billion ($3.75 billion) to strengthen its capital base eroded by investment losses and...
Aegon, Aviva Bolster Risk Hedges, EU Insurers’ Shares Rise
Oct 9 2008 // European insurance shares rose sharply on Thursday, as Dutch insurer Aegon announced steps to boost capital and reduce risk, while British peer Aviva Plc bolstered its hedges against slumping stock markets. Aegon, which...
Credit Crunch Cripples European Insurers’ Profits
Aug 7 2008 // The global credit crisis tore a hole in the profits of some of Europe’s top insurers on Thursday, with AXA and Aegon both posting lower earnings. Share reactions were mixed across Europe. The DJ Stoxx European...
S&P Revises its Outlook on Aegon and Core Subs to Negative; Affirms Ratings
May 2 2008 // Standard & Poor’s Ratings Services has revised its outlook on Netherlands-based AEGON N.V. and its core subsidiaries to negative from stable. Concurrently S&P affirmed its ‘A+/A-1’ counterparty...
S&P Lowers Aegon’s Hungarian Sub ‘pi’ Ratings to ‘A-‘
Jun 1 2005 // Standard & Poor’s Ratings Services announced that it has lowered its long-term public information-based (‘pi’) counterparty credit and insurer financial strength ratings on Hungary-based Aegon...
Aegon Reports 16% 2003 Profit Rise to $2.187 Billion
Mar 15 2004 // Aegon, the Netherlands’ insurer and financial services giant, reported fourth quarter net income rose 32 percent to 470 million euros ($573 million), while full year earnings rose 16 percent to 1.793 billion euros...
Aegon Posts $533 Million Q3 Net Profit
Nov 6 2003 // Aegon N.V., the Netherlands-based financial group, announced that its third quarter net income was 464 million euros ($533 million), compared to 429 million euros ($493 million) in the third quarter of 2002. For the first...
Aegon Appoints Marc van Weede to Head Group Business Development
Apr 23 2003 // Aegon N.V., the Dutch financial services and insurance group, announced that Marc van Weede, 37, has been appointed head of the Group Business Development department effective 17 April 2003. He will report to Alexander...
