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

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a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positiond from its Louisville offices at Aegon Subsidiary Aegon USA Investment Managementf will eliminate 13 positions during the next few the company said inan e-mailedc statement. The company also will cut 125 positionxs handling certain life insurance administrative Those duties will be transitioned to an Aegon office inCedar Rapids, Iowa, during the next severak months, according to the “We are always exploring ways to improvre efficiency and leverage the scale we have in our variouws U.S. locations,” the company said in the statement. Aegonb is the parent company of Transamerica LifeInsurance Co.
, Transamerica Financial Life Insurance Co., Monumental Life Insuranced Co., Stonebridge Casualty Insurance Co., Stonebridgwe Life Insurance Co., Western Reserve Life Assurance Co. of Transamerica Life Canada, and Seguros Argos, A.S. de C.V. Accordingh to the company’s Web site, Aegon U.S. has more than 600 employees in Louisville amonb severaloperating divisions, including individual savingd and retirement, institutional, life and protection, pensions and asseg management and reinsurance.