Dutch insurer Aegon (AEG) becomes the latest European firm to detail plans to reimburse bailout...

|By:, SA News Editor

Dutch insurer Aegon (AEG) becomes the latest European firm to detail plans to reimburse bailout funds, saying it will repay 1/3 of the €3B it received by Nov. 30. The Dutch central bank has approved the payback, which will come from €1B raised in a share issue in August. Aegon says it intends to pay the full amount "at the earliest opportunity." Shares +8.8%.