AEGON Opens Life Insurance Operations in Slovakia

The AEGON Group officially launched its life insurance activities in Slovakia. AEGON Slovakia started selling traditional life insurance products last September. As announced earlier, AEGON has entered the life insurance market of Slovakia in the form of a greenfield operation and gained the regulatory approvals in June of this year. AEGON intends to play a significant role in the development of this sector. AEGON Slovakia will focus on life insurance -- especially endowment products and term insurance. Accident and health insurance will only be sold in connection with life insurance as a rider product. The launch in Slovakia fits AEGON's strategy. AEGON is focused on life insurance, pensions and related savings and investment products in a number of markets that offer both scale and growth opportunities.