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Aegon NV (AEGN.AS)

AEGN.AS on Amsterdam Stock Exchange

4.28EUR
14 Dec 2018
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€-0.07 (-1.56%)
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10,365,891
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Latest Key Developments (Source: Significant Developments)

Aegon UK Extends Partnership With Atos For Administration Services
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - AEGON NV ::AEGON UK EXTENDS PARTNERSHIP WITH ATOS FOR ADMINISTRATION SERVICES.UK SUBSIDIARY STRENGTHENED ITS EXISTING PARTNERSHIP WITH ATOS, SIGNING A 15-YEAR CONTRACT.PARTNERSHIP IS EXPECTED TO BE EFFECTIVE AS OF MID-2019..TOTAL TRANSITION AND CONVERSION CHARGES ARE ESTIMATED TO AMOUNT TO APPROXIMATELY GBP 130 MILLION.  Full Article

Aegon UK Extends Partnership With Atos For Administration Services
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Aegon NV ::AEGON UK EXTENDS PARTNERSHIP WITH ATOS FOR ADMINISTRATION SERVICES.AGREEMENT EXPECTED TO LEAD TO ANNUAL RUN-RATE EXPENSE SAVINGS FOR AEGON OF APPROXIMATELY GBP 10 MILLION.TOTAL TRANSITION AND CONVERSION CHARGES ESTIMATED TO AMOUNT TO ABOUT GBP 130 MILLION, AND EXPECTED TO BE RECORDED OVER FIRST 3 YRS OF AGREEMENT.  Full Article

Aegon Transamerica Settles Universal Life Litigation
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - AEGON NV ::AEGON: TRANSAMERICA SETTLES UNIVERSAL LIFE LITIGATION.THIS SETTLEMENT FOR AN AMOUNT OF USD 195 MILLION REMOVES UNCERTAINTY OF ONGOING LITIGATION FOR COMPANY AND ITS CUSTOMERS..SAYS SETTLEMENT WILL BE FILED WITH UNITED STATES DISTRICT COURT FOR CENTRAL DISTRICT OF CALIFORNIA ON OR ABOUT OCTOBER 4, 2018.SAYS SETTLEMENT IS SUBJECT TO COURT APPROVAL.AGREEMENT CREATES A SETTLEMENT CLASS OF ALL TRANSAMERICA POLICYHOLDERS THAT WERE SUBJECT TO 2015 AND 2016 MONTHLY DEDUCTION RATE ADJUSTMENTS.  Full Article

Aegon's U.S. Subsidiaries Reach Settlement With SEC
Monday, 27 Aug 2018 

Aug 27 (Reuters) - AEGON NV ::US SUBSIDIARIES AEGON REACH SETTLEMENT WITH SEC.TOTAL CHARGE RELATED TO THIS SETTLEMENT IS USD 97.6 MILLION.IN Q4 OF 2017, AEGON TOOK A USD 100 MILLION PROVISION IN ANTICIPATION OF A POSSIBLE SETTLEMENT WITH SEC.  Full Article

Aegon To Sell Businesses In Czech Republic And Slovakia to NN Group
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - AEGON NV ::AEGON TO DIVEST ITS BUSINESSES IN CZECH REPUBLIC AND SLOVAKIA.TO SELL ITS BUSINESSES IN CZECH REPUBLIC AND SLOVAKIA FOR EUR 155 MILLION TO NN GROUP..  Full Article

Aegon To Acquire Robidus, Income Protection Service Provider
Monday, 16 Jul 2018 

July 16 (Reuters) - Aegon NV ::AEGON TO ACQUIRE LEADING DUTCH INCOME PROTECTION SERVICE PROVIDER.ANNOUNCES THE ACQUISITION OF ROBIDUS FROM AVEDON CAPITAL PARTNERS..UNDER TERMS OF THE AGREEMENT, AEGON WILL ACQUIRE ABOUT 95% OF THE COMPANY WITH REMAINDER TO BE RETAINED BY ROBIDUS'S MANAGEMENT TEAM.TRANSACTION IS EXPECTED TO CLOSE WELL BEFORE YEAR END.ROBIDUS WILL CONTINUE TO OPERATE ON A STANDALONE BASIS AND UNDER ITS OWN BRAND NAME.  Full Article

Aegon And Santander To Expand Successful Partnership In Spain
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Aegon Nv ::AEGON AND SANTANDER TO EXPAND SUCCESSFUL PARTNERSHIP IN SPAIN.EXPANSION COVERS TERM LIFE AND SELECTED LINES OF NON-LIFE INSURANCE.AEGON AGREED TO AN UPFRONT CONSIDERATION OF EUR 215 MILLION AND AN ADDITIONAL AMOUNT OF UP TO EUR 75 MILLION TO BE PAID AFTER 5 YEARS.CONSIDERATION WILL BE FUNDED FROM HOLDING EXCESS CASH.  Full Article

Aegon To Repurchase Shares To Neutralize Dividend Dilutive Effect
Wednesday, 20 Jun 2018 

June 20 (Reuters) - AEGON NV ::AEGON ANNOUNCES REPURCHASE OF SHARES TO NEUTRALIZE STOCK DIVIDEND.AEGON WILL REPURCHASE 21,954,140 COMMON SHARES TO NEUTRALIZE DILUTIVE EFFECT OF 2017 FINAL STOCK DIVIDEND.SHARES WILL BE HELD AS TREASURY SHARES AND WILL BE USED TO PAY FUTURE STOCK DIVIDENDS.SHAREHOLDERS WERE GIVEN OPPORTUNITY TO CHOOSE BETWEEN RECEIVING 2017 FINAL DIVIDEND OF EUR 0.14 PER COMMON SHARE IN CASH OR IN STOCK.AVERAGE SHARE PRICE AMOUNTED TO EUR 5.4174.DIVIDEND WILL BE PAYABLE AS OF JUNE 22, 2018.  Full Article

Aegon Calls 525 Million Dollars Of Subordinated Notes
Thursday, 12 Apr 2018 

April 12 (Reuters) - AEGON NV ::AEGON CALLS USD 525 MILLION OF SUBORDINATED NOTES.EXERCISES ITS RIGHT TO REDEEM USD 525 MILLION 8% NON-CUMULATIVE SUBORDINATED NOTES.REDEMPTION OF THESE GRANDFATHERED TIER 2 SECURITIES WILL BE EFFECTIVE MAY 15, 2018.REDEMPTION TO BE EFFECTIVE WHEN AGGREGATE PRINCIPAL AMOUNT WILL BE REPAID WITH ACCRUED AND UNPAID INTEREST.  Full Article

Aegon Announces Significant Step To Capture Greater Operational Efficiencies
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Aegon Nv ::AEGON ANNOUNCES SIGNIFICANT STEP TO CAPTURE GREATER OPERATIONAL EFFICIENCIES.US SUBSIDIARY TRANSAMERICA ENTERED INTO AGREEMENT WITH TATA CONSULTANCY SERVICES TO ADMINISTER CO'S US INSURANCE AND ANNUITY BUSINESS LINES​.AGREEMENT IS EXPECTED TO LEAD TO ANNUAL RUN-RATE EXPENSE SAVINGS FOR AEGON OF APPROXIMATELY $70 MILLION INITIALLY, GROWING TO $100 MILLION OVER TIME​.‍TOTAL TRANSITION AND CONVERSION CHARGES ARE ESTIMATED TO AMOUNT TO APPROXIMATELY USD 280 MILLION.‍AGREEMENT, A MULTI-YEAR PARTNERSHIP WITH MORE THAN $2 BLN OF REVENUES TO TCS, IS EXPECTED TO BE COMPLETED BY Q2 2018​​.  Full Article

Global regulators hold off designating 'too big to fail' insurers

LONDON Global insurance regulators will put off singling out insurers deemed so important to the financial system that they are required to hold extra capital, in a victory for companies such as American International Group and Prudential .