Aegon returns to dollar retail market for capital trade

27 Jan 2012

Capital and liquidity are not luxuries, Aegon said this week after it returned to the US dollar retail market following a five year absence with a tier two issue.

The Dutch insurer printed a $500m 30 year non-call 5.5 transaction on Tuesday, in one of the year’s first insurance capital trades.

"The deal is structured to comply with the current Solvency I rules and future Solvency II rules," Lein-Pieter Cevaal, vice-president of Aegon Group Treasury, told EuroWeek. ...

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