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| At Aegon and Transamerica, we take pride in our mission of helping customers achieve a lifetime of financial security. This is an ambition to which we strive, recognizing it may come with challenges and require continued transformation. Today, during Aegon’s Capital Markets Day, we acknowledged the need for change within our organization, and we are pleased to share a bold new vision that will integrate new ways of thinking, modernize our operations, and realign our product investment to improve our agents and customers’ experience and financial outcomes. |
| Our strategic plan involves making a significant investment in our life insurance business with the goal of becoming a top tier provider in the term, whole, and indexed universal life insurance segments. The investment will support expanding our product set, evolving our infrastructure, and realigning our strategic priorities to deliver a more valuable experience for all of our customers. In addition, it will allow us to more effectively deliver on the commitments we make to you, all while operating more efficiently. |
| We look forward to sharing the details about our expanded investments and new product availability over the coming months. |
| This is a significant milestone for our organization. We want to thank you for your continued trust and confidence in Transamerica. With your support, we have built a remarkable company, and we believe together the future has never been brighter. |
| Sincerely, Joseph S. Boan Transamerica Senior Vice President Senior Managing Director Individual Markets |
| To view Aegon’s Capital Markets Day materials and press release, click here. |
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