Latest Aegon Headlines
All the headlines from our Aegon Topic Page, ordered by recency.
Aegon Q3 Net Drops 28% to $429 Million
Nov 8 2002 // Aegon NV, the Netherlands giant insurer and financial services group, beat analysts’ expectations for the third quarter as it recorded a net profit 429 million Euros [the Euro is currently trading at parity with the...
Aegon Agrees on Plan to Raise £2 Billion Through Share Sale
Sep 16 2002 // Aegon, the Netherlands second biggest insurer and financial services company, announced that it has reached an agreement with its largest shareholder, Vereniging AEGON (the Association), providing for the sale of 350...
Aegon, ACE, Everest Re Comment on WorldCom Exposures
Jul 1 2002 // As the fallout from the latest U.S. accounting scandal echoes across the globe, The Netherland’s Aegon and Bermuda’s ACE Limited and Everest Re released statements on their potential WorldCom exposures. Aegon,...
Aegon Exposure to World Com Debt May Be $200 Million
May 13 2002 // Holland’s Aegon NV admitted that it may be exposed to as much as $200 million in potential losses from the drop in value of the bonds it holds issued by WorldCom, Inc., the troubled international telecommunications...
Outgoing Aegon CEO Optimisitic on 2002
Apr 19 2002 // Kees J. Storm, who’s set to retire in July after 9 years as the CEO of the Netherlands insurance and financial services giant Aegon, N.V., told the annual meeting of shareholders that the company expected to at least...
Aegon Names New U.S. Division Chief
Mar 8 2002 // Dutch insurer Aegon NV has appointed Patrick Baird as the new president and chief executive of its U.S. division Aegon USA Inc., effective April 19 according to a Reuters report. Baird replaces Donald Shepherd who will...
Aegon Names Shepard as New Chairman
Nov 9 2001 // Aegon, the Dutch financial services group and parent company of Transamerica Corp., announced that an American, Donald Shepard, will succeed Kees Storm as Chairman when he retires next April. Shepard, who currently heads...
Aegon Makes $1.3 Billion Deal With JCP
Mar 8 2001 // Aegon will pay $1.3 billion in cash for the direct marketing services division of J.C. Penney, allowing the Dutch insurer to offer its own financial service products to J.C. Penney’s 12 million North American...
Report Aegon To Transfer $40.6 Billion To Scottish Asset Management Sub
Oct 20 2000 // According to a report from Reuters News Agency, Aegon the Dutch Insurance and Financial Services Group, which also owns Transamerica, is planning to transfer approximately £28 billion ($40.6 billion) to Edinburgh-based...
Aegon Upgrades 2000 Profit Forecasts
Aug 10 2000 // Dutch insurer Aegon has lifted its 2000 earnings forecast to 25-30 percent on the year, and forecasting earnings per share growth of 17 to 22 percent. Last month, Aegon said it might up its outlook because it was keeping...
China Reviewing Aegon License
Jul 6 2000 // China is considering allowing Aegon’s Transamerica unit life insurance to operate in China according to a statement made by Aegon CEO Kees Storm. According to a Reuters report, Storm said Chinese Prime Minister Zhu...
ING To Sell Stake in Aegon
Jun 20 2000 // Dutch insurer and financial services provider ING announced that it plans to sell its entire 6.6 percent stake in fellow Dutch insurer Aegon, parent of Transamerica Corp., in order to fund its purchase of Minnesota based...
