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Hungary:

AEGON Hungary Composite Insurance Company

AEGON Hungary Composite Insurance Company was Hungary's sole insurance company until 1986 and is the successor of the former national insurance company. In 1992, it was acquired by the Netherlands-based AEGON Group.

The AEGON Group has roots dating back over 150 years. Based on market capitalization, assets and net premium income, it is one of the largest listed insurance groups in the world. The AEGON Group has a significant share of the world's life and pension insurance market with 90 percent of its revenue resulting from these services. It also has a traditional presence in the accident and health insurance markets.

AEGON is one of the largest institutional investors in Hungary. Like its parent company, AEGON has a strong and growing presence in the life and pension insurance markets. In the individual market, AEGON is the fourth-largest insurer in Hungary with approximately 1.2 million contracts. AEGON is also the leading household insurer with a market share of more than one-third.

AEGON places great emphasis on exploring the ever-increasing need for corporate personal (pension, life, accident & sickness) insurance and fulfilling these needs with its high-quality products and services.

AEGON's pension fund, the AEGON Voluntary and Private Pension Fund, celebrates its 17th anniversary in 2011. Since its establishment, the fund has grown to a membership of over 820,000, making AEGON one of the leaders in the mandatory and voluntary mutual pension market.

AEGON Hungary has been an IGP Network Partner since 1991.

Key Products


Life


  • Lump Sum Death Benefit

Accident


  • Accidental death (also for traffic accidents)
  • Disability (linear and progressive, also for traffic accidents)
  • Hospitalization (daily benefit and lump sum)
  • Surgical Lump Sum
  • Sick Leave Benefits
  • Bone Fracture (lump sum and progressive)
  • Burning Casualties

Medical


  • Hospitalization (daily benefit and lump sum)
  • Surgical Lump Sum
  • Sick Leave Benefits
  • Dread Disease
  • Childbirth
  • Disability

Pensions


  • Managed Funds
AEGON Hungary Composite Insurance Company is located on the internet at: www.aegon.hu.
(Annual Report available in English.)

The AEGON Group is located on the internet at: www.aegon.com. (Information available in English.)