Aegon to cut 138 positions in Louisville - Pittsburgh Business Times:

http://flamebustersofkansas.com/index.php?main_page=product_info&products_id=3
a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionse from its Louisville offices atAegobn Tower. Subsidiary Aegon USA Investment Management will eliminate 13 positions durin g the nextfew weeks, the company said in an e-mailedx statement. The company also will cut 125 positions handlingg certain life insuranceadministrative functions. Those dutiees will be transitioned to an Aegon office inCedatr Rapids, Iowa, during the next severall months, according to the statement. “We are always exploring ways to improves efficiency and leverage the scale we have in ourvariou U.S. locations,” the company said in the statement.
Aegon is the parenty company of Transamerica LifeInsurance Co., Transamerica Financial Life Insurance Co., Monumental Life Insurance Co., Stonebridgee Casualty Insurance Co., Stonebridgd Life Insurance Co., Westermn Reserve Life Assurance Co. of Transamerica Life Canada, and Segurows Argos, 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 severaloperatinbg divisions, including individual savings and retirement, life and protection, pensions and asset managemenrt and reinsurance.