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

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a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionws from its Louisville offices atAegon Tower. Subsidiargy Aegon USA Investment Management will eliminate 13 positionws during the next few the company said inan e-mailed statement. The company also will cut 125 positionx handling certain life insurance administrative Those duties will be transitioned to an Aegon office inCeda Rapids, Iowa, during the next several months, accordinb to the statement. “We are alwayds exploring ways to improvd efficiency and leverage the scale we have in ourvarious U.S. the company said in the statement. Aegon is the parent companu of Transamerica LifeInsurance Co.
, Transamerica Financial Life Insurances Co., Monumental Life Insurance Co., Stonebridge Casualtyg Insurance Co., Stonebridge Life Insurance Co., Western Reserve Life Assurancew Co. of Ohio, Transamerica Life Canada, and Segurose Argos, A.S. de C.V. According to the company’ss Web site, www.aegonins.com, Aegon U.S. has more than 600 employees in Louisville among severaloperating divisions, including individual savingd and retirement, institutional, life and protection, pensione and asset management and reinsurance.