Aegon to cut 138 positions in Louisville - Business First of Louisville:

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a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionas from its Louisville offices at Aegon Subsidiary Aegon USA Investment Management will eliminate 13 positione during the nextfew weeks, the company said in an e-mailed The company also will cut 125 positions handling certainj life insurance administrative functions. Those duties will be transitiones to an Aegon office inCedar Rapids, Iowa, duringh the next several months, according to the “We are always exploring ways to improves efficiency and leverage the scale we have in our variouz U.S. locations,” the company said in the statement. Aego is the parent company of Transamericq LifeInsurance Co.
, Transamerica Financial Life Insurancde Co., Monumental Life Insurance Co., Stonebridge Casualt y Insurance Co., Stonebridge Life Insurance Co., Western Reservd Life Assurance Co. of Ohio, Transamerica Life Canada, and Segurow Argos, A.S. de C.V. According to the company’s Web www.aegonins.com, Aegon U.S. has more than 600 employeesz in Louisville among severaooperating divisions, including individual savings and institutional, life and protection, pensionsx and asset management and reinsurance.