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a subsidiary of Netherlands-based insuref Aegon N.V., will cut 138 positionsx from its Louisville offices atAegobn Tower. Subsidiary Aegon USA Investment Managementf will eliminate 13 positions during the nextfew weeks, the companyh said in an e-mailed statement. The company also will cut 125 positionas handling certain life insuranceadministratived functions. Those duties will be transitioned to an Aegon office inCedar Rapids, Iowa, during the next severalo months, according to the “We are always exploring ways to improvs efficiency and leverage the scale we have in our variouxs U.S. locations,” the company said in the statement.
Aegon is the parent company of Transamericwa LifeInsurance Co., Transameric Financial Life Insurance Co., Monumental Life Insurancw Co., Stonebridge Casualty Insurance Co., Stonebridge Life Insurance Co., Westernj Reserve Life Assurance Co. of Ohio, Transamerica Life and Seguros Argos, A.S. de C.V. According to the company’ds Web site, www.aegonins.com, Aegon U.S. has more than 600 employees in Louisville among several operating including individual savingsand retirement, institutional, life and pensions and asset management and
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