Analyst Summary
- Aegon launches a community investment program in Bermuda with three components: education, financial and social empowerment, and a grant to the Bermuda Foundation.
- The program aims to support students pursuing careers within Bermudas local economy, in industries like healthcare, the trades, and technology sectors, through the Aegon Live Your Best Life Scholarships.
- Aegon will provide grants to local nonprofit organizations that focus on financial literacy, social capabilities and resilience, and support organizations addressing broader social inclusion.
- Aegon will contribute to the Bermuda Foundation to support its long-term sustainability and assist with the administration of its community investment program.
- The program will run for an initial term of three years, starting in 2025.