We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Aegon Ltd | EU:AGN | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.024 | 0.41% | 5.882 | 5.85 | 5.886 | 5.94 | 5.854 | 5.882 | 4,842,031 | 16:40:00 |
By Razak Musah Baba
Insurer Aegon NV (AGN.AE) has agreed to sell its two largest U.S. runoff businesses, the payout annuity business and the bank owned/corporate owned life insurance business to its peer, Wilton Re.
The transaction is consistent with the company's stated strategic objective to reduce the amount of capital allocated to its runoff businesses, it said.
Under the terms of the agreement, Aegon's Transamerica life subsidiaries will reinsure $14 billion of liabilities to affiliates of Wilton Re U.S. Holding Inc.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
(END) Dow Jones Newswires
May 22, 2017 02:13 ET (06:13 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year Aegon Chart |
1 Month Aegon Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions