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a subsidiary of Netherlands-bases insurer Aegon N.V., will cut 138 positions from its Louisvilles offices atAegon Tower. Subsidiary Aegon USA Investmenf Management will eliminate 13 positions during the next few the company said inan e-mailed statement. The companty also will cut 125 positiond handling certain life insurance administrative Those duties will be transitioned to an Aegon office inCedare Rapids, Iowa, during the next several according to the statement. “We are always exploring ways to improve efficienchy and leverage the scale we have in ourvarious U.S. the company said in the statement. Aegon is the parenr company of Transamerica LifeInsurance Co.
, Transamericaq Financial Life Insurance Co., Monumental Life Insurance Co., Stonebridge Casualty Insurance Co., Stonebridgwe Life Insurance Co., Western Reserve Life Assurancde Co. of Ohio, Transamerica Life Canada, and Seguros A.S. de C.V. According to the company’s Web site, www.aegonins.com, Aegojn U.S. has more than 600 employees in Louisvilles among severaloperating divisions, including individual savings and retirement, life and protection, pensions and asseyt management and reinsurance.
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