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Aegon

Company Ratings:

AA from Standard & Poor's
Aa3 from Moody's

Find out what these ratings mean.

Company Web Page

Aegon.com

AEGON N.V. is a limited liability stock company and an international insurance group based in The Netherlands. The company has major operations in the United States, The Netherlands, the United Kingdom and Canada. AEGON is also present in Hungary, Spain, Taiwan, Germany, Belgium and China, and has representative offices in India and Japan. Close to 90% of AEGON's core business is life insurance and pension-related savings and investment products, such as long term care insurance. The company is also active in accident and health insurance, property and casualty insurance and limited banking activities. AEGON operates in the Americas, The Netherlands, the United Kingdom and other countries segments, which include Hungary, Spain, Taiwan and a number of other smaller countries (including Germany and Belgium). Click Here for the full list of products.

Company History

In 1983, a merger of AGO and Ennia formed AEGON, a limited liability stock company and an international insurance group based in The Netherlands. Vereniging AEGON is the continuation of the former mutual insurer AGO. In 1978 AGO was demutualized and Vereniging AGO became the only shareholder of AGO Holding N.V., which was the holding company of its insurance operations. In 1983 AGO Holding N.V. and Ennia N.V. merged into AEGON N.V. Vereniging AGO initially received approximately 49% of the common shares (which shareholding was reduced gradually to 40%) and all of the preferred shares in AEGON N.V., giving it voting majority in AEGON N.V. and it changed its name into Vereniging AEGON.

The objective of the Vereniging is the balanced representation of the interests of AEGON N.V. and all of its stakeholders, i.e. shareholders, AEGON group companies, insured parties, employees and other relations of the said companies.

In accordance with the 1983 Merger Agreement, the Vereniging used to have a majority vote at the general meeting of shareholders of AEGON N.V. This was achieved by holding a minority interest in common shares and holding all issued preferred shares.

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*Some information taken directly from Aegon's website and from Yahoo! Finance.

 

Texas license # 1270417