Netherlands-based insurer Aegon has confirmed its gross loan exposure to bankrupt US energy company Enron at approximately $300m (£210.4m).

Aegon is one of the world's ten largest listed life insurance groups, ranked by market capitalization and assets. It is also active in accident and health insurance, general insurance, and limited banking activities.

At 12:15 (3 December 2001), the compnay's share price in London was down 37p, or 2%, at 1,834p.

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