Transamerica

  • Aegon
  • interactive.web.insurance.ca.gov/apex_extprd/f?p=144:6:::NO:RP,6:P6_COMPANY_ID:5738
    • Name History
      • TRANSAMERICA LIFE INSURANCE COMPANY - Current -  03/01/2001 
      • PFL LIFE INSURANCE COMPANY - Old - 01/01/1991
      • NN INVESTORS LIFE INSURANCE COMPANY, INC. - Old
  • 2012 1101 - Letter - Transamerica to SEC - Re: Supplemental Comments on Stable Value Contract Study, CFTC/SEC Release No. 34-67927 - 4p
  • 2019 - Iowa - Examination Report of Transamerica Life Insurance Company Cedar Rapids, Iowa as of December 31, 2019 - 29p
    • The Company utilizes its retail affiliate distribution group, “Transamerica Financial Network” (TFN), to provide advice
      and guidance to individuals to meet their protection and investment needs.
    • TFN consists of World Financial Group Insurance Agency (WFGIA), Transamerica Agency Network (TAN) and Transamerica Financial Advisors, Inc. (TFA). 
    • There are approximately 50,000 independent insurance agents associated with WFGIA in the United States and its affiliated insurance agency operating in Canada.
  • Legal Cases
    • 1997 - LC - Natal v. Transamerica Occidental Life Ins. Co., San Diego Superior Court, Case No. 694829  ---  [BonkNote]
      • Judgment resolved then existing claims by a nationwide class of policyholders who owned an interest in universal life insurance policies issued by Transamerica between January 1, 1981, and June 30, 1996
    • 2016 - LC - Feller v. Transamerica  ---  [BonkNote]
    • 2017 1023 - Joseph Belth - No. 239: Transamerica's Cost-of-Insurance Increases and an Important Class Action Lawsuit - [link]
    • 2018 1004 - APNews - Aegon: Transamerica Settles Universal Life Litigation - [link]
    • 2017 1023 - LC - Eric Olson and World Financial Group
  • Non-guaranteed Premium
    • On the other hand, at Transamerica Life Insurance and Annuity Company, our pension affiliate, the current premiums are priced using a level interest assumption, rather than the more normal assumptions that interest rates will decline.   [Bonk: grading]
    • For most of the products on the market, the current premiums are guaranteed not to be raised for a period of any where from one to six years from issue.
    • During this period when the current premiums are guaranteed, deficiency reserves would have to be set up based on the current premiums. 

--  Denise F. Roeder, Occidental, Transamerica

1980 - SOA - Nonparticipating Life Products with Nonguaranteed Premiums (rsa80v6n22), Society of Actuaries - 18p