Tuesday, November 18, 2008

Aegon: Still no decision on U.S. use relief fund

Insurer Aegon NV has not yet decided whether it wants to make use of the U.S. fund for financial institutions. Also aware of a possible capital injection is not clear, says a spokesman for the group Tuesday against FD.nl / DJ.

Aegon has filed a request Friday to make use of the fund. "We would like to keep all options open in the current uncertain market conditions," said the spokesman. He adds that Aegon is currently no additional capital needs, but that the deadline for applications passed Friday.

Earlier Tuesday It Financieele Dagblad reported that the U.S. government Aegon for a capital injection of more than $ 1 billion requested, but the spokesman says that there is no request for a specific amount is made.

He adds that it is uncertain whether Aegon eligible for the program.

Aegon is in America owner of Transamerica Corporation. The group generates about two thirds of its profit in the U.S..

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