Reinsurance News

Aegon

Aegon agrees £2bn sale of UK business to Standard Life

15th April 2026

Aegon, an international life insurance, pensions and asset management group headquartered in the Netherlands, has agreed to sell its UK operations to Standard Life plc in a transaction valued at £2.0 billion. The deal brings to a close Aegon’s strategic review of its UK business and supports its stated aim of ... Read the full article

Aegon puts forward Marco Keim as nominee to the Supervisory Board a.s.r.

31st March 2026

Aegon, a provider of life insurance, pensions and asset management services, has put forward Marco Keim as its nominee to the Supervisory Board of a.s.r. The appointment would see Keim take over from Lard Friese as a non-independent member, reflecting Aegon’s position as a significant shareholder with an interest of roughly ... Read the full article

Aegon to shift HQ to U.S. in major strategic pivot

10th December 2025

Aegon used its Capital Markets Day 2025 to lay out plans to become a leading US life insurance and retirement group and to shift its head office and legal seat to the United States, a transition it aims to complete by January 1, 2028. Following the completion of the re-domiciliation process, ... Read the full article

Transamerica Life Bermuda to establish in Dubai following DFSA licence approval

6th June 2025

Transamerica Life Bermuda, a global high-net-worth (HNW) life insurer, is expanding its international presence with the establishment of a new base in the Dubai International Financial Centre (DIFC). This strategic move follows the successful acquisition of a licence from the Dubai Financial Services Authority (DFSA), a global financial centre in the ... Read the full article

Aegon sees €741m net profit in H2’24, operating result climbs 14%

20th February 2025

Life insurer and asset manager Aegon has released its financial results for the second half of 2024, reporting a net profit of EUR 741 million and 14% improvement in its operating result, to EUR 776 million, compared to the same period the year prior. According to the firm, the increase in ... Read the full article

Aegon names Bareggi Chief Strategy, Transformation and Growth Officer

13th September 2024

Life insurer and asset manager Aegon has appointed Michele Bareggi as Chief Strategy, Transformation and Growth Officer, and member of Aegon’s Executive Committee, starting November 1, 2024. The executive is succeeding Duncan Russell, who took on the role of Group CFO in September 2024. Bareggi, who has over 25 years of financial services ... Read the full article

Shawn Johnson named CEO of Aegon Asset Management

22nd August 2024

Life insurer and asset manager Aegon has announced the appointment of Shawn Johnson as the new CEO of Aegon Asset Management (Aegon AM) and a member of Aegon’s Executive Committee. This appointment will take effect on September 23, with Johnson succeeding Bas NieuweWeme, who has decided to pursue career opportunities outside ... Read the full article

Aegon reports H1’24 net loss of €65m, operating result down 8%

22nd August 2024

In its trading update for H1 2024, life insurer and asset manager Aegon has reported a net loss of €65 million as the operating result deteriorated by 8% to €750 million, reflecting unfavorable mortality experience mainly related to US Financial Assets. The Netherlands-domiciled insurer’s operating capital generation before holding funding and ... Read the full article

The Mutual Group appoints Brett Humphrey as SVP & CFO

27th June 2024

The Mutual Group, an integrated insurance operations platform serving the mutual industry, recently announced the appointment of Brett Humphrey as Senior Vice President (SVP) & Chief Financial Officer (CFO). Humphrey, who has nearly 20 years of leadership experience in global financial services, will lead high-performing finance organisations within The Mutual Group. In ... Read the full article

Aegon reports Q1’24 operating capital of €256m

16th May 2024

Life insurer and asset manager Aegon, in its trading update for Q1 2024, has reported a €256 million operating capital generation before holding funding and operating expenses. The firm added that with this growth it is on track to achieve guidance of around €1.1 billion for 2024. Capital ratios remain robust, ... Read the full article

Aegon reports net loss for FY23, CEO up for re-election

5th March 2024

Life insurer and asset manager Aegon has announced its second half 2023 financial results, reporting a net result of €0 million, and a net loss of €199 million for the full-year. At the same time, the Netherlands-headquartered insurer revealed it is planning to re-elect CEO Lard Friese for a further four ... Read the full article

Aegon reports strong operating capital growth of 16% in Q3’23

17th November 2023

Aegon, a Netherlands-headquartered multinational life insurance, pensions and asset management company, has released its trading update for the third quarter of 2023, stating operating capital generation, before holding funding and operating expenses, increased by 16% compared to the same period in 2023, reaching €354 million. This growth can be attributed to ... Read the full article

Aegon to nominate Albert Benchimol as non-exec Board member

15th November 2023

Life insurer and asset manager Aegon, is planning to nominate Albert Benchimol to be appointed as a non-executive member of the Board of Directors, a proposal to be made to its 2024 Annual General Meeting. Once elected, Benchimol’s appointment would be effective as of the end of the meeting and for ... Read the full article

Aegon shareholders approve first step in redomiciliation to Bermuda

29th September 2023

Aegon, a leading international insurance and financial services company, received shareholder approval for the initial phase of its redomiciliation to Bermuda at an Extraordinary General Meeting (EGM). The decision, which represents a pivotal strategic shift for the company, was made during the EGM, where shareholders also voted in favour of several ... Read the full article

Aegon completes combination with a.s.r. and announces share buyback program

4th July 2023

Aegon, a Netherlands-headquartered multinational life insurance, pensions and asset management company, has announced the successful completion of its merger with a.s.r., a prominent Dutch insurance company. This strategic combination brings together Aegon's extensive portfolio, including pension, life and non-life insurance, banking, and mortgage origination activities, with a.s.r.'s established presence in the ... Read the full article