OverviewSuggest Edit

Aegon is a global provider of pensions, insurance, and asset management solutions. Its products and services range from life, critical illness and disability insurance, to pensions, annuities, long-term savings and investments. The company also offers mortgages, as well as car, household and travel insurance in some markets.
TypePublic
Founded1983
HQDen Haag, NL
Websiteaegon.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2019)23,757(-8%)
Job Openings90
Revenue (FY, 2019)€67.7 B(+223%)
Share Price (Oct 2020)€2.3
Cybersecurity ratingBMore

Key People/Management at Aegon

Matt Rider

Matt Rider

CFO and member of the Executive and Management Boards of Aegon N.V.
Mark Bloom

Mark Bloom

Global Chief Technology Officer and member of the Management Board of Aegon N.V.
Maarten Edixhoven

Maarten Edixhoven

CEO of Aegon The Netherlands and member of the Management Board of Aegon N.V.
Mark Mullin

Mark Mullin

CEO Aegon Americas and and member of the Management Board of Aegon N.V.
Bas NieuweWeme

Bas NieuweWeme

Global CEO of Aegon Asset Management and member of the Management Board of Aegon N.V.
Allegra van Hövell-Patrizi

Allegra van Hövell-Patrizi

Chief Risk Officer and Member of the Management Board
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Aegon Office Locations

Aegon has offices in Den Haag, Cedar Rapids, Sydney, Rio de Janeiro and in 13 other locations
Den Haag, NL (HQ)
50 AEGONplein
Sydney, AU
Level 19/9 Hunter St
Rio de Janeiro, BR
Rua Visconde do Rio Branco, 52 - Centro
Shanghai, CN
1000 Zhangheng Rd, Pudong Xinqu
Quarry Bay, HK
18 Westlands Rd, Quarry Bay
Mumbai, IN
Building No. 3, Third Floor, Unit No. 1, Nesco IT Park, Western Express Highway, Goregaon (E),, NESCO, Goregaon
Show all (18)

Aegon Financials and Metrics

Aegon Revenue

Aegon's revenue was reported to be €67.69 b in FY, 2019 which is a 222.5% increase from the previous period.
EUR

Revenue (FY, 2019)

67.7b

Revenue growth (FY, 2018 - FY, 2019), %

222.5%

Net income (FY, 2019)

1.5b

Market capitalization (29-Oct-2020)

4.7b

Closing stock price (29-Oct-2020)

2.3

Cash (31-Dec-2019)

12.3b

EV

3.9b
Aegon's current market capitalization is €4.7 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

57.9b21.0b67.7b

Revenue growth, %

(64%)222%

Operating expense total

55.7b20.4b66.1b

Pre tax profit

2.4b782.0m1.8b
Half Year
EURH1, 2017H1, 2018H1, 2019

Revenue

29.0b17.4b40.7b

Operating expense total

27.8b16.8b40.1b

Pre tax profit

1.3b665.0m751.0m

Income tax expense

362.0m174.0m133.0m
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

10.8b8.7b12.3b

Goodwill

293.0m384.0m392.0m

Total Assets

396.3b393.0b441.1b

Short-term debt

1.7b1.4b5.0b
Quarterly
EURQ1, 2017Q2, 2017Q2, 2018Q2, 2019

Cash

11.0b12.9b9.6b12.0b

Goodwill

347.0m332.0m296.0m

Total Assets

425.5b404.6b388.9b424.5b

Total Debt

15.8b15.6b14.8b10.9b
Annual
EURFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

781.0m1.3b1.2b

Cash From Operating Activities

553.0m517.0m7.3b

Purchases of PP&E

(72.0m)(81.0m)(102.0m)

Cash From Investing Activities

(1.2b)(438.0m)(86.0m)
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q2, 2018Q2, 2019

Depreciation and Amortization

491.0m

Cash From Operating Activities

(2.1b)728.0m138.0m(973.0m)6.0b

Purchases of PP&E

(21.0m)(36.0m)(56.0m)(14.0m)(45.0m)

Cash From Investing Activities

(100.0m)(1.1b)(1.1b)(89.0m)87.0m
EURQ1, 2017

Debt/Equity

0.6 x

Financial Leverage

16.8 x
Show all financial metrics

Aegon Operating Metrics

Aegon's Customers was reported to be 29.9 m in FY, 2019. Aegon's New Customers was reported to be 4.3 m in FY, 2019.
FY, 2018FY, 2019

Customers

28.50 m29.90 m

Customers (Asia)

900 k1.30 m

Customers (Asset Management)

100 k100 k

New Customers

3.80 m4.30 m
Show all operating metrics

Aegon Acquisitions / Subsidiaries

Company NameDateDeal Size
RobidusJuly 16, 2018
BlackRock DCJuly 03, 2018
CofundsAugust 11, 2016€164 m
Aegon Activos A.V., S.A.
Aegon Administracion y Servicios A.I.E.
Aegon Asset Management Holding B.V.
Aegon Asset Management Pan-Europe B.V.
Aegon Bank N.V.
Aegon Cappital B.V.
Aegon Custody B.V.
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Aegon Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Aegon Revenue Breakdown

Embed Graph

Aegon revenue breakdown by business segment: 26.8% from Premium Income, 11.1% from Investment Income, 5.2% from Income from Reinsurance Ceded, 52.8% from Results from Financial Transactions and 4.0% from Other

Aegon Online and Social Media Presence

Embed Graph

Aegon News and Updates

Aegon Asset Management appoints Global Chief Investment Officer for its Fixed Income Investment Platform

CHICAGO, June 30, 2020 /PRNewswire/ -- Aegon Asset Management has appointed Russell Morrison as its new global chief investment officer responsible for managing its $188 billion fixed income investment platform.* Morrison, who joined on June 29, will lead the firm's 140 fixed income...

Aegon ties up with Flipkart for life insurance plan with COVID-19 cover

Aegon Life Insurance said the plan would provide Flipkart customers with an insurance cover against COVID-19, and can be availed on the Flipkart app.

Canada Life Reinsurance enters into €12bn longevity risk reinsurance agreement with Aegon

WINNIPEG, Manitoba, Dec. 19, 2019 /CNW/ - Canada Life Reinsurance is pleased to announce that it has recently entered into a long-term longevity reinsurance agreement with Aegon covering €12 billion of in-force liabilities. Close to 200,000 of in-payment and deferred pensioners will be...

Jeff Grills, CFA, to Lead Aegon Asset Management's Emerging Markets Debt Team

CEDAR RAPIDS, Iowa, Nov. 14, 2019 /PRNewswire/ -- Aegon Asset Management announced today that Jeff Grills, CFA, has joined the firm as the head of emerging markets debt. Jeff is responsible for the portfolio management of emerging markets strategies and leading the Emerging Markets Debt...

Aegon Real Assets US Closes $151 Million LIHTC Fund

CEDAR RAPIDS, Iowa, Aug. 13, 2019 /PRNewswire/ -- Aegon Real Assets US (Aegon RA) announced the closing of a $151 million national low-income housing tax credit (LIHTC) fund sponsored by Aegon RA, a member company of Aegon Asset Management, the global group of asset managers affiliated...

Aegon UK chooses Legerity for IFRS 17 transition

Aegon UK, a leading savings, protection and investment service provider has selected Legerity Limite...
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Aegon Frequently Asked Questions

  • When was Aegon founded?

    Aegon was founded in 1983.

  • Who are Aegon key executives?

    Aegon's key executives are Matt Rider, Mark Bloom and Maarten Edixhoven.

  • How many employees does Aegon have?

    Aegon has 23,757 employees.

  • What is Aegon revenue?

    Latest Aegon annual revenue is €67.7 b.

  • What is Aegon revenue per employee?

    Latest Aegon revenue per employee is €2.8 m.

  • Who are Aegon competitors?

    Competitors of Aegon include Progressive Insurance, MetLife and Aviva.

  • Where is Aegon headquarters?

    Aegon headquarters is located at 50 AEGONplein, Den Haag.

  • Where are Aegon offices?

    Aegon has offices in Den Haag, Cedar Rapids, Sydney, Rio de Janeiro and in 13 other locations.

  • How many offices does Aegon have?

    Aegon has 18 offices.