Aegon rescue aid contingent on VA hedging programme

aegonheadquarters

The European Commission (EC) has made Aegon overhaul its variable annuity (VA) hedging programme as a condition of granting full retrospective approval of the 2008 Dutch state-financed bailout of the Hague-based insurer which plunged into difficulties following the financial crisis.

The EC temporarily approved the €3 billion (£2.4 billion) recapitalisation in 2008 which was conditional upon the Dutch government subsequently submitting a plan demonstrating how the firm would secure long-term viab

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: