- CEO
- E. Lard Friese
- Full Time Employees
- 15,582
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Address
- Aegonplein 50 The Hague Netherlands 2591 TV
- IPO Date
- Jan 10, 2007
- Business
- Aegon Ltd. (formerly Aegon N.V.) is a Bermuda-domiciled international financial services group headquartered in The Hague, Netherlands, with roots dating back almost 180 years to predecessor companies founded in the mid-1800s, providing life insurance, pensions, retirement solutions, investment products, asset management, accident and supplemental health insurance, and general insurance through fully owned businesses, partnerships, and strategic shareholdings. Its core fully owned businesses include Transamerica in the United States, which offers life insurance, retirement plans such as 401(k)s and annuities, and investment solutions to over ten million customers via affiliated distribution network World Financial Group with more than 87,000 agents; Aegon UK, a leading investment platform serving 3.7 million customers with pensions, savings, and investments; Aegon Asset Management, managing EUR 332 billion in assets for pension plans, insurers, banks, and other institutional and retail clients globally; Transamerica Life Bermuda for high-net-worth life insurance and wealth protection; and Aegon España for life, health, and pension products in Spain. Partnerships encompass a 59.2% economic interest in Brazil's Mongeral (MAG Seguros) for individual life insurance and pensions, including a joint venture with Banco Cooperativo do Brasil (Sicoob); a 51% stake in a joint venture with Banco Santander in Spain and Portugal for bancassurance; 50% ownership in Aegon THTF Life Insurance in China; and minority stakes in Chinese and French asset managers; while a strategic 29.99% shareholding in a.s.r. stems from the July 2023 divestiture of Dutch operations for EUR 2.2 billion in cash. Aegon operates primarily in the United States, United Kingdom, Netherlands (via stake), Brazil, Spain, Portugal, Bermuda, China, and other markets including Canada, Japan, and India, targeting individuals, families, employers, and institutions. Recent developments include accelerated growth strategies announced in June 2023 for Transamerica as the leading U.S. middle-market life insurer and in June 2024 for Aegon UK as the top digital savings platform; multiple share buybacks comprising a completed EUR 150 million program in July 2025, initiation of a EUR 200 million program in July 2025, and others; board changes with nominations of David Herzog, Lori Fouché, and Jay Ralph in March 2025; relocation to new offices at WTC Schiphol in May 2025; completion of a.s.r. integration milestones as reported in mid-2025; and strong operating capital generation tracking toward a EUR 1.2 billion target for full-year 2025, as confirmed in third-quarter trading updates.