FACTBOX-Five facts about Aegon
Oct 28 (Reuters) - Dutch insurer Aegon NV (AEGN.AS) (AEG.N) is to get a 3 billion euro ($3.7 billion) capital injection from the Dutch government to shore up its capital. [ID:nLS63115]
Aegon is the second Dutch financial company to avail itself of the 20 billion euros set aside by the Dutch government earlier this month, after ING (ING.AS). [ID:nLJ78025]
Following are five facts about Aegon, which offers life insurance, pensions, and savings and investment products to more than 40 million clients worldwide.
* Its origins date back to 1844 when two Dutch civil servants set up a burial fund, and 1859 when predecessor Nilmij started offering life insurance in the former Dutch East Indies, present-day Indonesia.
* Aegon was formed in 1983 with the merger of Dutch insurance groups AGO and Ennia.
* In 1999, the group became the third-largest U.S. life insurer after Prudential (PRU.N) Life Insurance Co. of America and Metropolitan Life Insurance Co. (MET.N) when it bought rival Transamerica for $9.7 billion.
* Its U.S. operations account for three-quarters of pretax operating profit.
* Aegon had 344 billion euros in investments at the end of June, including off-balance sheet assets and 2.5 billion euros in U.S. subprime mortgage assets. (Reporting by Gilbert Kreijger in Amsterdam; Editing by Quentin Bryar)
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