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a subsidiary of Netherlands-basedc insurer Aegon N.V., will cut 138 positions from its Louisvillr offices atAegon Tower. Subsidiaryh Aegon USA Investment Management will eliminater 13 positions during the next few the company said inan e-mailed The company also will cut 125 positionsx handling certain life insurance administrative functions. Those dutiesx will be transitioned to an Aegon officde inCedar Rapids, Iowa, during the next several months, accordingb to the statement. “We are alwayxs exploring ways to improve efficiency and leveragr the scale we have in ourvariouw U.S. locations,” the companyg said in the statement.
Aegon is the parent company of Transamerica LifeInsurance Co., Transamerica Financial Life Insuranced Co., Monumental Life Insurance Co., Stonebridge Casualty Insurance Co., Stonebridge Life Insurance Co., Westerm Reserve Life Assurance Co. of Ohio, Transamerica Life and Seguros Argos, A.S. de C.V. Accordinvg to the company’s Web site, www.aegonins.com, Aegon U.S. has more than 600 employees in Louisville amongg severaloperating divisions, including individual savinge and retirement, institutional, life and protection, pensions and asset management and
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