Aegon NV, the second largest insurance company in Holland, want to expand its operations in private pensions in Romania, Italy, Germany and Ukraine, while continuing its development in Holland and the USA, Bloomberg informs.

Aegon announced in November its intention to double the business with pensions insurance, up to 1.1 billion euros in 2010.

In Holland, Aegon controls 24% of the pensions insurance market (data in 2005), with a 21% growth year over year.