As an international financial services group, we unite a diverse range of businesses that, together, help millions of people around the world live their best lives by offering a broad mix of investment, protection, and retirement solutions.
Our portfolio of businesses
We create long-term value for our shareholders and other stakeholders through fully owned businesses, partnerships, and strategic shareholdings. Our portfolio includes fully owned subsidiaries in the US and UK, and a global asset management business; as well as partnerships in Brazil, China, France, Spain and Portugal. In the Netherlands, we generate value through our strategic shareholding in a market-leading insurance and pensions company.
Fully owned businesses
Transamerica is a leading provider of life insurance, investments and retirement solutions. The company employs approximately 6,800 people and its businesses serve customers in all 50 states and the District of Columbia. Its primary offices are in Cedar Rapids, Iowa; Denver, Colorado and Baltimore, Maryland.
Go to transamerica.com
World Financial Group
World Financial Group (WFG) is Aegon’s wholly owned insurance distribution network of around 70,000 independent agents, which distributes Transamerica products, as well as those of other insurers.
Go to worldfinancialgroup.com
Aegon UK provides retirement and workplace savings solutions to over four million customers. The company employs over 2,000 people and has offices in Edinburgh, London, Peterborough and Witham.
Go to aegon.co.uk
Aegon Asset Management is an active global investment business that manages and advises on assets for a global client base. The company has offices in the US, the Netherlands, the UK, China, France, Germany, Hungary and Spain.
Transamerica Life Bermuda provides high-net-worth individuals from across Asia with life insurance products and services via its branches in Singapore, Hong Kong and Bermuda.
Go to transamericalifebermuda.com
Partnerships
Mongeral Aegon Group
Aegon has a 59.2% interest in Mongeral Aegon Group (MAG Seguros), the country’s third-largest independent life insurer. MAG Seguros offers individual protection solutions, ranging from life insurance and pension products to solutions in investments, pension funds, and pension management.
Visit mag.com.br
Aegon THTF Life Insurance Co
Our joint venture company, Aegon THTF Life Insurance Co., sells life insurance, as well as accident and health insurance products through 13 branches in China. The company has access to a potential market of over 650 million people, primarily in the coastal provinces of eastern China.
Visit aegonthtf.com
Aegon Industrial Fund Management
Our Chinese asset management partnership, Aegon Industrial Fund Management, was established in October 2007 when Aegon purchased 49% of a fund management company established by Industrial Securities. The partnership operates as part of Aegon Asset Management.
Visit xqfunds.com
Aegon Asset Management (AM) entered into a joint venture with La Banque Postale in 2015 via LBP AM, in which Aegon AM holds a 25% stake. LBP AM is a leading socially responsible investing (SRI) asset manager in France and in Europe in the management of listed assets and real and private assets. In July 2023, Aegon AM and La Banque Postale announced the extension of their joint venture through 2035.
Visit www.lbpam.com/en
Strategic shareholding
Aegon holds a strategic 29.99% stake in a.s.r., a leading Dutch provider of life insurance, pensions and mortgages.
Visit asrnl.com
Our history
Our story began in the mid-1800s. Right from the start, the companies who later became part of Aegon were founded on similar principles to those that inform our businesses’ own behaviors and purpose today: helping people live their best lives.
In the Netherlands, Aegon's earliest predecessor was Algemeene Friesche Begrafenisfonds, a burial fund in the northern Dutch province of Friesland in 1844. Burial funds were set up to provide funeral insurance to small communities to ensure that peoples’ loved ones could be buried with dignity.
Sixty years later in the US, the company that would one day become Transamerica was founded in 1904 by Amadeo Giannini, a young entrepreneur who was determined to bring financial opportunities to the many, not just the few. A couple of years later, Giannini would play an important role in helping people to rebuild their lives and businesses following the San Francisco earthquake.
Over the years, these companies grew and merged with others to become the components that make up Aegon’s businesses today. And, while the technology our businesses now use to serve their clients may have changed considerably, their core behaviors and purpose remain very similar to those of the people who began Aegon’s story around 180 years ago.
