AEGON N.V. (AEG)

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Headquartered in The Hague, Netherlands, Aegon N.V. (AEG) provides a multitude of insurance and pension-based saving and investment solutions. It is one of the world's ten largest life insurance companies ranked by assets, profits and market capitalization. Insurance services include personal and commercial life, health and accident insurance. Savings and investment solutions consist of management services, banking activities and advisory services for retirement and savings. Some of Aegon's prominent subsidiary companies include Transamerica Reinsurance, Transamerica Life Canada, and Monumental Life Insurance Company. The company's operations are segmented into four units: the Americas, the Netherlands, the United Kingdom, and other countries. The Americas accounted for 60% of 2006 income before capital gains and taxes, and includes Aegon's U.S. and Canadian operations. The Netherlands contributed 29%, while the United Kingdom represented 9% of income. Other countries such as Hungary, Spain, Taiwan, and China accounted for 2% of income.

Country

No. of Employees

Main Products

Major Customer Segments

Main Distribution Channels

US

13,544, of which 2,483 agent-employees

Traditional life, life for account of policyholders, pensions, fixed and variable annuities, institutional guaranteed products, fee business (incl. mutual funds), accident and health insurance, life reinsurance

Individuals, corporates, institutions

Independent agents and agent-employees, marketing companies, financial institutions, broker-dealers, wirehouses, affinity groups, direct response, worksite marketing, institutional intermediaries

Canada

692

Traditional life, pensions, variable annuities, fee business (incl. mutual funds)

Individuals

Independent advisors, brokers, financial planners, financial institutions

Netherlands

6,404, of which 1,356 agent-employees

Life insurance, pensions, life cycle, fee business (incl. mutual funds), accident and health insurance, general insurance, banking

Individuals, corporates, institutions

Brokers, tied agents, direct marketing, franchise sales force, worksite marketing

UK

4,639, of which 150 agent-employees

Traditional life, life for account of policyholders, pensions, fee business (incl. mutual funds)

Individuals, corporates, institutions

Financial advisors

Source: Aegon

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