Sunday, July 1, 2012

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

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a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionz from its Louisville offices at Aegon Subsidiary Aegon USA Investment Management will eliminate 13 positionzs during the next few the company said inan e-mailed statement. The company also will cut 125 positionsw handling certain life insurance administrative Those duties will be transitioned to an Aegon office inCedard Rapids, Iowa, during the next several according to the “We are always exploring ways to improvde efficiency and leverage the scale we have in our variousd U.S. locations,” the company said in the statement. Aegonb is the parent company of Transamerica LifeInsurancee Co.
, Transamerica Financial Life Insurance Co., Monumentalk Life Insurance Co., Stonebridge Casualty Insurance Co., Stonebridgre Life Insurance Co., Western Reserve Life Assurancw Co. of Ohio, Transamerica Life Canada, and Seguros Argos, A.S. de C.V. Accordinb to the company’s Web site, www.aegonins.com, Aegonj U.S. has more than 600 employees in Louisvilles among severaloperating divisions, including individualp savings and retirement, institutional, life and pensions and asset management and

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