Aegon to cut 138 positions in Louisville - Puget Sound Business Journal (Seattle):

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a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positiones from its Louisville offices atAegon Tower. Subsidiarhy Aegon USA Investment Management will eliminate 13 positions during the nextfew weeks, the company said in an e-mailede statement. The company also will cut 125 position handling certain life insurance administrative Those duties will be transitionec to an Aegon office inCeda Rapids, Iowa, during the next several months, accordingg to the statement. “We are always exploring ways to improve efficiency and leverage the scale we have in ourvariouw U.S. locations,” the compant said in the statement.
Aegon is the parent company of Transamericaq LifeInsurance Co., Transamerica Financial Life Insurance Co., Monumentap Life Insurance Co., Stonebridge Casualty Insurancwe Co., Stonebridge Life Insuranced Co., Western Reserve Life Assurancd Co. of Ohio, Transamerica Life Canada, and Seguros A.S. de C.V. According to the company’s Web www.aegonins.com, Aegon U.S. has more than 600 employees in Louisville among severaloperating divisions, includint individual savings and retirement, institutional, life and protection, pensions and asset management and reinsurance.