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Is Aegon and Religare same?

By Isabella Little |

Aegon Religare Life Insurance Company is renamed as Aegon Life Insurance Company Ltd following the exit of Religare from the JV. Earlier this year, financial services firm Religare Enterprises exited the life insurance company by selling its 44 per cent stake to partner Bennett, Coleman and Company Ltd (BCCL).

Who is the foreign partner of Aegon Life Insurance Company?

It is a joint venture between Dutch Aegon N.V., a multinational insurance, pensions and asset management company, and The Times Group (also called Bennett Coleman & Co. Ltd), one of India’s largest media conglomerates.

What is SWOT analysis and why is it important?

Key Points SWOT Analysis is a simple but useful framework for analyzing your organization’s strengths, weaknesses, opportunities, and threats. It helps you to build on what you do well, to address what you’re lacking, to minimize risks, and to take the greatest possible advantage of chances for success.

How old is Aegon insurance?

About 13 years (2008)
Aegon Life Insurance/Age

Is Aegon listed?

Aegon N.V. Aegon N.V. is a Dutch multinational life insurance, pensions and asset management company headquartered in The Hague, Netherlands. Aegon is listed on the Euronext Amsterdam and is a constituent of the AEX index.

How long has Aegon been in business?

Aegon N.V.

TypeNaamloze vennootschap
IndustryFinancial services
Founded1983
HeadquartersThe Hague, Netherlands
Area servedWorldwide

Who is acquiring 44% stake in AEGON Religare?

BCCL to buy Religare’s 44% stake in life insurer Aegon Religare Bennett, Coleman and Co. Ltd (BCCL), the leading Indian media group, will acquire Religare Enterprises Ltd’s entire 44 per cent stake in life insurance joint venture Aegon Religare Life Insurance Co. Ltd, according to a stock market announcement on Tuesday.

Who are the owners of Aegon life insurance?

Aegon N.V. is a multinational life insurance, pensions and asset management company headquartered in The Hague, Netherlands. As of December 31, 2017, Aegon companies employed approximately 28,318 people worldwide, serving millions of customers.

Which is the highest priority for Aegon life insurance?

With a recent global study estimating 92% underinsurance in a typical Indian household, customer education has become more important than ever. In line with this concerning statistic, spreading awareness and educating customers on adequate protection by meaningfully engaging with them is the highest priority for us at Aegon Life Insurance.

How much money did Aegon acquire Merrill Lynch?

As part of the relationship, Aegon acquired two of Merrill Lynch’s life insurance companies for US$1.3 billion.