Transamerica Life Insurance

    variable universal life insurance

    Headquarters: 4333 Edgewood Rd., Cedar Rapids, IA 52499 (Transamerica Life Insurance Company)www.transamerica.com

    Key officers: Alex Wynaendts, Chief Executive Officer, Chairman of the Executive & Management Board of AEGON

    Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company make up Transamerica, which is a subsidiary of the Netherlands-based AEGON group. Transamerica provides financial services and coverage lines by offering universal, variable universal, whole life, survivorship life, and term life insurance. As of 2009, Transamerica Life had life insurance policies in force of over $1 trillion while Transamerica Financial Life had policies in force of $297 billion.

    Some quick facts about Transamerica:

    The original Transamerica company was founded in 1906. AEGON acquired the it in 1999.

    Although no longer the company’s headquarters, the Transamerica building in San Francisco is a unique landmark both in the city and around the globe. Known as the “Transamerica Pyramid,” the building is featured in the company’s logo. The motivation behind the design was to allow natural light and fresh air to filter down to the streets below and create greater openness to the environment.

    Transamerica sponsors the Johnny Unitas Golden Arm Award, which is an annual award given to the top NCAA football senior quarterback.

    Both Transamerica companies recently received “A+” (superior) ratings from A.M. Best for financial strength.

    Source: Transamerica.com

    Compiled by Life Quotes, Inc. staff

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