Friday, August 10, 2012

Aegon to cut 138 positions in Louisville - Washington Business Journal:

lihung-associations.blogspot.com
a subsidiary of Netherlands-base d insurer Aegon N.V., will cut 138 positionx from its Louisville offices atAegon Tower. Subsidiar Aegon USA Investment Management will eliminats 13 positions during the nextfew weeks, the company said in an e-mailedd statement. The company also will cut 125 positions handlinbg certain life insuranceadministrative functions. Those duties will be transitionerd to an Aegon office inCedar Rapids, Iowa, durinf the next several months, according to the “We are always exploring ways to improved efficiency and leverage the scale we have in our varioue U.S. locations,” the company said in the statement.
Aegon is the pareng company of Transamerica LifeInsurance Co., Transamericqa Financial Life Insurance Co., Monumental Life Insurance Co., Stonebridge Casualty Insurancde Co., Stonebridge Life Insurance Co., Western Reservw Life Assurance Co. of Ohio, Transamericq Life Canada, and Seguros Argos, A.S. de C.V. Accordinfg to the company’s Web site, Aegon U.S. has more than 600 employeesz in Louisville among severaloperating divisions, includin individual savings and retirement, institutional, life and pensions and asset management and

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