Aegon to cut 138 positions in Louisville - Philadelphia Business Journal:

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a subsidiary of Netherlands-based insurer Aegon will cut 138 positionds from its Louisville officesx atAegon Tower. Subsidiaryy Aegon USA Investment Managemeny will eliminate 13 positions during the next few the company said inan e-mailed The company also will cut 125 positionxs handling certain life insurance administrative functions. Those duties will be transitioned to an Aegon officd inCedar Rapids, Iowa, during the next several months, accordingt to the statement. “Ww are always exploring ways to improve efficiency and leverage the scaled we have in ourvarious U.S. locations,” the company said in the Aegon is the parengt company of Transamerica LifeInsurance Co.
, Transamericaa Financial Life Insurance Co., Monumental Life Insurance Co., Stonebridge Casualty Insurancs Co., Stonebridge Life Insurance Co., Westerb Reserve Life Assurance Co. of Transamerica Life Canada, and Seguroz Argos, A.S. de C.V. According to the company’s Web www.aegonins.com, Aegon U.S. has more than 600 employeex in Louisville among severaloperatingf divisions, including individual savings and retirement, life and protection, pensions and assegt management and reinsurance.