Aegon is set to conduct a strategic review of its UK business, evaluating “all options, including divestment”.
At its capital markets day yesterday (10 December), the insurer announced its ambition to become a leading US life insurance and retirement group – setting out plans to move its head office and legal seat to the US and be renamed as Transamerica following the transition, which it expects to conclude by 1 January 2028. The firm said the move would support its commitment to prioritise resources towards building a leading US life insurance and retirement group. Aegon said that, in the context of its stronger focus on the US, it would begin a strategic review of Aegon UK to assess the bes...
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