Nov 29 (Reuters) - Dutch insurer Aegon said on Sunday it will sell its Central and Eastern European business to Vienna Insurance Group for 830 million euros as it seeks to raise cash to better cope with the fallout of the coronavirus crisis.

Aegon has agreed to sell its insurance, pension and asset management business in Hungary, Poland, Romania and Turkey, it said in a statement.

The transaction is expected to close in the second half of 2021.

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Kirsten Donovan)