AEGON announces India joint venture

AEGON to establish joint venture with Ranbaxy group company for insurance and asset management markets in India.

On July 7 AEGON and Religare announced that they had signed a memorandum of understanding to jointly enter the insurance and asset management markets in India.

AEGON is one of the worldÆs largest life insurance and pension companies and a provider of investment products. The Indian market has been on AEGON's radar screen since 1997 when it set up a liaison office in Delhi. At the time market regulations were not conducive to AEGONÆs plans and the liaison...

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