What are AEGON's main businesses?
AEGON is an international provider of life insurance, pensions and asset management.
Where are AEGON's businesses located?
AEGON has three main markets: the United States, the Netherlands and the United Kingdom. We have established new and growing businesses in emerging markets in Asia, Latin America and Central & Eastern Europe, and we are also a significant provider of life insurance in Spain.
How many customers does AEGON have?
AEGON has nearly 47 million customers worldwide.
What are AEGON's main brands?
How does AEGON distribute its products and services?
AEGON has a multichannel approach to distribution. The company works through brokers, agents, banks, direct marketing and online to ensure customers are able to access products and services in the way that suits them best.
Does AEGON work in partnership with other companies?
Yes, AEGON has a number of partnerships around the world. Often these partnerships help AEGON gain entry to new, growing markets. At other times, they are a way of ensuring customers are able to access the company's products and services more easily.
Who is the CEO of AEGON?
Alex Wynaendts has been Chief Executive Officer and Chairman of AEGON N.V.'s Executive Board since April 23, 2008.
When was AEGON formed?
AEGON was formed in 1983 – the result of a merger between two Dutch insurance companies, AGO and Ennia. Today, AEGON is an international provider of life insurance, pensions and asset management, with major operations in the United States, the Netherlands and the United Kingdom, and a growing presence in the new, emerging markets of Asia, Latin America and Central & Eastern Europe.
Read more about AEGON's history >>
Does AEGON have a one-tier or two-tier board?
Who is AEGON’s independent auditor?
Ernst & Young Accountants, The Hague, the Netherlands.
Does AEGON have a code of conduct?
Yes. AEGON's Code of Conduct provides management and employees with guidelines for how the company operates as a responsible business. This Code sets out the company's core values and its underlying principles of business practice. All employees, excluding those working for joint ventures where AEGON does not have full management control, are covered by this Code of Conduct.
Read more about our Code of Conduct >>
How many people work for AEGON?
AEGON has over 25,000 employees worldwide.
Who are AEGON’s leading competitors?
AEGON peer group comprises companies that are comparable in type of business, size and geographical presence, and that are generally recognized as the appropriate reference group.
The peer group comprises the following companies: Aviva, AXA, Generali, Hartford Financial Services Group, Legal & General, Manulife Financial, MetLife, Principal Financial Group, Prudential Financial, Prudential Plc, Sun Life Financial, and Zurich Financial Services.
What is AEGON's vision on Solvency II?
Solvency II is expected to come into effect in January 2014. The European Commission’s intention with the new framework is to ensure that the amount of capital an insurance company has to hold at any one time is linked directly to its risks, and to the nature of those risks. This should mean a better system for insurers, because it will reward strong risk management. Customers will benefit because the new framework will lead to a healthier industry, which holds capital for the actual risk it runs.
At present, though, there is still some uncertainty about some of the wider implications. We believe that the new framework should ensure a level playing field for European insurers, both in the European Union and internationally. We are involved in the discussions to ensure that in the end this new framework is supportive of AEGON’s business ambitions.