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

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a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionse from its Louisville offices atAegon Tower. Subsidiarhy Aegon USA Investment Management will eliminatw 13 positions during the next few the company said inan e-maile d statement. The company also will cut 125 positionz handling certain life insurance administrative Those duties will be transitionedd to an Aegon office inCedat Rapids, Iowa, during the next several months, according to the “We are always exploring ways to improve efficiency and leverage the scale we have in our various U.S. locations,” the companu said in the statement. Aegon is the parent compant of Transamerica LifeInsurance Co.
, Transamerica Financial Life Insurance Co., Monumentap Life Insurance Co., Stonebridge Casualty Insurance Co., Stonebridgr Life Insurance Co., Western Reserved Life Assurance Co. of Ohio, Transamerica Life Canada, and Segurosd Argos, A.S. de C.V. According to the company’s Web site, www.aegonins.com, Aegobn U.S. has more than 600 employees in Louisville among severaloperating divisions, including individualp savings and retirement, institutional, life and protection, pensions and asset management and reinsurance.