Welcome to our dedicated page for Aegon Ltd. news (Ticker: AEG), a resource for investors and traders seeking the latest updates and insights on Aegon Ltd. stock.
Aegon Ltd. (NYSE: AEG) is a multinational leader in life insurance, retirement solutions, and asset management, serving clients across Europe, the Americas, and Asia. This dedicated news hub provides investors and industry professionals with centralized access to Aegon's official announcements and market developments.
Track critical updates including earnings reports, strategic partnerships like the Lakemore collaboration enhancing US CLO capabilities, and operational milestones such as its Bermuda incorporation. The page also features AM Best's affirmed financial strength ratings and insights into Aegon's transition toward capital-light business models.
Discover coverage of Aegon's core offerings spanning pension plans, variable annuities, and risk management solutions. All content is curated to support informed analysis of the company's global market position and financial trajectory.
Bookmark this page for streamlined monitoring of AEG's evolving strategy in insurance and asset management. Verify details directly through Aegon's investor relations portal for authoritative information.
Aegon Bank has launched a new Covered Bond Program with a Soft Bullet structure aimed at enhancing flexibility in bond maturities and diversifying the debt investor base. This strategic initiative is anticipated to facilitate future bond issuances under the new program, thereby supporting the bank's operational capabilities. Aegon Bank operates as part of Aegon in the Netherlands, offering savings and investment products and holding an A credit rating from S&P Global.
Aegon Bank has released its 2020 annual report, detailing its strategy, governance, and financial performance. The report is available for download here.
Aegon Bank operates as part of Aegon the Netherlands, offering savings and investment products under the Aegon and Knab brands. Aegon Bank is a significant player in the Dutch residential mortgage market, holding a credit rating of A from S&P Global.
The Executive Board of Aegon proposes at the upcoming AGM the adoption of the Annual Accounts 2020 and a final dividend of EUR 0.06 per common share, totaling EUR 0.12 for 2020. Additionally, reappointments for key positions including CFO Matt Rider and new appointments to the Supervisory Board are suggested. The AGM will be exclusively online due to COVID-19 restrictions, allowing shareholders to vote electronically. This restructuring aims to bolster Aegon’s governance as it navigates the financial landscape.
Aegon announced the departure of Global Chief Technology Officer Mark Bloom, effective June 1, 2021. Bloom, who has been with the company since 2016, played a crucial role in enhancing customer experience through technology. His leadership contributed significantly to Aegon's global technology initiatives. Prior to Aegon, he held roles at Citi and JP Morgan Chase. Aegon's CEO, Lard Friese, expressed gratitude for Bloom's contributions and wished him well in his future endeavors. Aegon is a prominent financial services organization with a legacy of over 175 years.
Aegon announced the appointment of Elisabetta Caldera as Chief Human Resources Officer, effective June 1, 2021. With over 25 years of HR experience, she joins from Vodafone, where she served as HR Director Europe Cluster & Egypt. Caldera will lead Aegon's global HR function and be part of the Management Board. She succeeds Carla Mahieu, who stepped down after more than a decade. Aegon, a major financial services company with a focus on life insurance, pensions, and asset management, is dedicated to helping customers achieve financial security.
Aegon has confirmed that the planned acquisition of its Hungarian entities by Vienna Insurance Group (VIG) has been halted by a decree from Hungary's Ministry of the Interior. This development contradicts previous constructive discussions between VIG and the Hungarian Minister of Finance, which had taken place since January 2021. However, VIG remains optimistic about resolving the issue favorably in the near future. Aegon will continue collaborating with VIG to finalize the transaction.
Aegon announced the resignation of Chief HR Officer Carla Mahieu, effective June 1, 2021. Carla, who joined Aegon in 2010 and became a Management Board member in 2016, will transition to new roles on the Supervisory Boards of Arcadis and DSM, alongside her position at VodafoneZiggo. CEO Lard Friese acknowledged her significant contributions in establishing a strong HR function and emphasizing organizational strategy. Aegon is already in the process of identifying her successor, with further announcements to be made accordingly.
Aegon has announced that Will Fuller will succeed Mark Mullin as President and CEO of Transamerica effective March 31, 2021. Fuller, with nearly 30 years of experience in insurance and financial services, previously served as Executive Vice President at Lincoln Group. He is set to lead Transamerica through its next transformation stage. Mark Mullin, who has been CEO for 11 years, will transition to Chairman of the Transamerica Board. Lard Friese, CEO of Aegon Group, praised Fuller’s track record and commitment to diversity and inclusion as a significant asset for the company.
Aegon has successfully divested Stonebridge, a UK-based accident insurance product provider, to Global Premium Holdings for approximately GBP 60 million. This sale aligns with Aegon's strategy to simplify its business and focus on entities with higher growth potential. The deal includes a potential additional GBP 10 million contingent consideration but is not expected to materially impact Aegon's capital position or financial results.