- CEO
- E. Friese
- Full Time Employees
- 15,700
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Address
- Aegonplein 50 The Hague Netherlands 2591 TV
- IPO Date
- Jun 15, 2005
- Business
- Aegon N.V. is an international financial services group headquartered in The Hague, Netherlands, primarily engaged in life insurance, pensions, asset management, annuities, retirement solutions, and accident and supplemental health insurance. The company offers a comprehensive range of products including life insurance policies; pension and annuity solutions; savings and investment products under its Transamerica and World Financial Group brands; mortgage origination and banking services; and asset management through its subsidiary Aegon Asset Management which manages EUR 332 billion in assets globally. Aegon's operations span the Americas, the Netherlands, the United Kingdom, China, Spain, Portugal, and several other countries, targeting retail and institutional clients such as pension plans, public funds, insurance companies, banks, wealth managers, and family offices. Founded in 1831, the company has about 26,000 employees and is listed on Euronext Amsterdam and the New York Stock Exchange. Recent major changes include the July 2023 completion of the combination of its Dutch pension, life and non-life insurance, banking, and mortgage origination activities with a.s.r., under which Aegon received EUR 2.2 billion in cash proceeds and a 29.99% stake in a.s.r., marking a strategic shift towards an asset management partnership with a.s.r. In addition, Aegon has been executing a substantial share buyback program totaling around EUR 1.5 billion initiated in 2023, alongside expanding its U.S. retirement plans and financial advisor networks. The company reported stable financial results in early 2024 with a 17% proposed dividend increase and strong strategic focus on growing its core businesses while reducing exposure to certain financial assets. These moves highlight Aegon's ongoing transformation and focus on investment, protection, and retirement solutions with a clear commitment to long-term value creation and sustainability.