The Netherlands is putting the equivalent of about $3.8 billion in cash into AEGON N.V.
The news came as AEGON, The Hague, Netherlands, reported a net loss of $444 million for the third quarter, based on an exchange rate of 1 euro=$1.25 for the third quarter.
The Dutch government invested in AEGON through an AEGON investor, Vereniging AEGON, to avoid direct government ownership of AEGON.
The Dutch government announced Oct. 9 that it would invest the equivalent of $25 billion in capital in companies that are fundamentally sound.
“There should be no doubt whatsoever about AEGON’s ability to fulfill its long-term obligations,” AEGON Chief Executive Alex Wynaendts says in a statement about the capital infusion.