Financial Strength
The predecessor of Transamerica Life Insurance Company was founded in 1906. With more than a century of experience, Transamerica has built a reputation on solid management, sound decisions and consumer confidence. In 1999, Transamerica was acquired by AEGON N.V.
AEGON is an international life insurance, pensions and asset management company headquartered in The Hague. AEGON has businesses in over 20 markets in the Americas, Europe and Asia and its ambition is to be a leader in all its chosen markets by 2015. For information about AEGON's financial results and strategies, please visit www.aegon.com.
While no company in the financial services industry is immune to the turmoil in today's financial markets, the AEGON companies have a strong balance sheet, healthy cash flows and ample liquidity. AEGON's business model is to sell long-term products to their customers and then to invest the premiums received in long-term assets.
We at Transamerica will continue to do as we have always done, and that is to focus on delivering quality products and service to our customers and distributors.
High Industry Ratings
Consistently high ratings are a direct reflection of the care with which we manage our business. Transamerica's life insurance subsidiaries have received high ratings from the industry's most respected independent rating services.
| A.M. Best |
Moody's | Fitch | Standard & Poor's |
|
| Transamerica Life Insurance Company | A+ | A1 | AA- | AA- |
| Transamerica Financial Life Insurance Company | A+ | A1 | AA- | AA- |
| Transamerica Advisors Life Insurance Company | A+ | AA- | AA- | |
| Transamerica Advisors Life Insurance Company of New York | A+ | AA- | AA- | |
| Monumental Life Insurance Company | A+ | A1 | AA- | AA- |
| Stonebridge Casualty Insurance Company | A- | |||
| Stonebridge Life Insurance Company | A+ | AA- | AA- | |
| Western Reserve Life Assurance Co. of Ohio | A+ | A1 | AA- | AA- |
| Transamerica Life Canada | B++ | AA- | BBB+ |
Ratings from the A.M. Best Company, Moody's Investors Service, Fitch Ratings and Standard & Poor's reflect the current opinion of the relative financial strength and operating performance of the companies as of the following effective dates.
A.M. Best Company: April 27, 2011 for all companies except Stonebridge Casualty Insurance Company rated on June 16, 2011.
Moody's Investors Service: October 20, 2010
Fitch Ratings: January 26, 2011
Standard & Poor's: January 6, 2011
A.M. Best's A+ rating is the second highest of 16 ratings, Standard & Poor's AA- rating is the fourth highest of 21 ratings, Moody's A1 rating is the fifth highest of 21 ratings and Fitch's AA- rating is the fourth highest of 19 ratings.
Financial Strength
| 2010 Assets |
2010 Liabilities |
2010 Total Capital and Surplus |
2009 Assets |
2009 Liabilities |
2009 Total Capital and Surplus |
|
| Transamerica Life Insurance Company | $106,687 | $101,693 | $5,194 | $101,455 | $95,559 | $5,895 |
| Transamerica Financial Life Insurance Company | $24,313 | $23,408 | $905 | $20,937 | $19,936 | $1,000 |
| Transamerica Advisors Life Insurance Company | $11,140 | $10,315 | $825 | $11,102 | $10,495 | $607 |
| Transamerica Advisors Life Insurance Company of New York | $877 | $781 | $96 | $882 | $800 | $82 |
| Monumental Life Insurance Company | $32,851 | $31,525 | $1,326 | $34,727 | $33,219 | $1,508 |
| Stonebridge Casualty Insurance Company | $305 | $196 | $109 | $257 | $156 | $101 |
| Stonebridge Life Insurance Company | $2,157 | $1,773 | $384 | $2,024 | $1,828 | $196 |
| Western Reserve Life Assurance Co. of Ohio | $9,498 | $8,978 | $520 | $8,821 | $8,449 | $371 |
| Transamerica Life Canada | $8,923 | $8,048 | $875 | $10,147 | $9,254 | $892 |
| MONGERAL AEGON | $381,644 | $297,156 | $84,488 | $305,202 | $234,776 | $70,426 |
| Seguros Argos, S.A. de C.V. | $1,679,080 | $1,435,287 | $243,793 | $1,631,109 | $1,379,669 | $251,440 |
*Excludes asset valuation reserve
*$ = US Millions
** Transamerica Life Canada $ CAD Millions
*** Mongeral AEGON $ Brazilian reais Thousands
**** Seguros argos $ Mexican pesos Thousands
The above figures are reported on a statutory basis, as prescribed by the National Association of Insurance Commissioners. The assets of the parent company, holding company or company combinations are not available to pay the claims of individual policies and contracts issued by the insurance companies.
Home Office
4333 Edgewood Road NE
Cedar Rapids, IA 52499
(319) 355-8511
- - Company Strength Brochure
- - Effective October 2, 2008 Life Investors Insurance Company of America merged with Transamerica Life Insurance Company.
- - Effective October 1, 2008 Transamerica Occidental Life Insurance Company merged with Transamerica Life Insurance Company.
- - $1,219 billion of insurance in force as of December 31, 2010.
- - Licensed in all states (except New York) and the District of Columbia.
- - Providing insurance products since 1961.
- - State of Domicile Iowa; NAIC Number 86231.
| FINANCIALS ($ US Millions) | 2010 | 2009 |
| Assets(1) | $106,687 | $101,455 |
| Liabilities | $101,693 | $95,559 |
| Total Capital and Surplus(2) | $5,194 | $5,895 |
Ratings
- - A.M. Best: A+
- - Moody's: A1
- - Fitch: AA-
- - Standard & Poor's: AA-
Home Office
440 Mamaroneck Avenue
Harrison, NY 10528
(914) 627-3630
- - Company Strength Brochure
- - $276 billion of insurance in force as of December 31, 2010.
- - Licensed in all states and the District of Columbia.
- - Providing insurance products since 1947.
- - State of Domicile New York; NAIC Number 70688.
| FINANCIALS ($ US Millions) | 2010 | 2009 |
| Assets(1) | $24,313 | $20,937 |
| Liabilities | $23,408 | $19,936 |
| Total Capital and Surplus(2) | $905 | $1,000 |
Ratings
- - A.M. Best: A+
- - Moody's: A1
- - Fitch: AA-
- - Standard & Poor's: AA-
Transamerica Advisors Life Insurance Company
Home Office
425 West Capital Avenue, Ste 1800
Little Rock, AR 72201
Administration Office
4333 Edgewood Rd NE
Cedar Rapids, IA 52499
(319) 355-8511
- - Company Strength Brochure
- - SEC Filings
- - Acquired on December 28, 2007.
- - $7 billion of insurance in force as of December 31, 2010.
- - Licensed in all states (except New York) and the District of Columbia.
- - State of Domicile Arkansas; NAIC Number 79022.
| FINANCIALS ($ US Millions) | 2010 | 2009 |
| Assets(1) | $11,140 | $11,102 |
| Liabilities | $10,315 | $10,495 |
| Total Capital and Surplus(2) | $825 | $607 |
Ratings
- - A.M. Best: A+
- - Fitch: AA-
- - Standard & Poor's: AA-
Home Office
440 Mamaroneck Avenue
Harrison, NY 10528
(914) 627-3123
Administration Office
4333 Edgewood Rd NE
Cedar Rapids, IA 52499
(319) 355-8511
- - Company Strength Brochure
- - SEC Filings
- - Acquired on December 28, 2007.
- - $412 million of insurance in force as of December 31, 2010.
- - Licensed in Connecticut, Delaware, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont.
- - State of Domicile New York; NAIC Number 82848.
| FINANCIALS ($ US Millions) | 2010 | 2009 |
| Assets(1) | $877 | $882 |
| Liabilities | $781 | $800 |
| Total Capital and Surplus(2) | $96 | $82 |
Ratings
- - A.M. Best: A+
- - Fitch: AA-
- - Standard & Poor's: AA-
Home Office
4333 Edgewood Rd NE
Cedar Rapids, IA 52499
(319) 355-8511
Administration Office
2 East Chase Street
Baltimore, MD 21202
(410) 685-2900
- - Company Strength Brochure
- - Effective October 1, 2007 Peoples Benefit Life Insurance Company merged with Monumental Life Insurance Company.
- - $88 billion of insurance in force as of December 31, 2010.
- - Licensed in all states (except New York) and the District of Columbia.
- - Providing insurance products since 1858.
- - State of Domicile Iowa; NAIC Number 66281.
| FINANCIALS ($ US Millions) | 2010 | 2009 |
| Assets(1) | $32,851 | $34,727 |
| Liabilities | $31,525 | $33,219 |
| Total Capital and Surplus(2) | $1,326 | $1,508 |
Ratings
- - A.M. Best: A+
- - Moody's: A1
- - Fitch: AA-
- - Standard & Poor's: AA-
Stonebridge Casualty Insurance Company
Home Office
366 E. Broad Street
Columbus, OH 43215
Administration Office
520 Park Avenue
Baltimore, MD 21201
(410) 685-5500
- - Company Strength Brochure
- - Licensed in all states and the District of Columbia.
- - State of Domicile Ohio; NAIC Number 10952.
| FINANCIALS ($ US Millions) | 2010 | 2009 |
| Assets(1) | $305 | $257 |
| Liabilities | $196 | $156 |
| Total Capital and Surplus(2) | $109 | $101 |
Ratings
- - A.M. Best: A-
Stonebridge Life Insurance Company
Home Office
187 West Street
Rutland, VT 05701
(802) 775-8877
Administration Office
2700 West Plano Parkway-3C
Plano, TX 75075
(972) 881-6000
- - Company Strength Brochure
- - $11 billion of insurance in force as of December 31, 2010.
- - Licensed in all states (except New York) and the District of Columbia.
- - Providing insurance products since 1900.
- - State of Domicile Vermont; NAIC Number 65021.
| FINANCIALS ($ US Millions) | 2010 | 2009 |
| Assets(1) | $2,157 | $2,024 |
| Liabilities | $1,773 | $1,828 |
| Total Capital and Surplus(2) | $384 | $196 |
Ratings
- - A.M. Best: A+
- - Fitch: AA-
- - Standard & Poor's: AA-
Western Reserve Life Assurance Co. of Ohio
Home Office
366 E. Broad Street
Columbus, OH 43215
Administration Office
570 Carillon Parkway
St. Petersburg, FL 33716
(727) 299-1800
- - Company Strength Brochure
- - $126 billion of insurance in force as of December 31, 2010.
- - Licensed in all states (except New York) and the District of Columbia.
- - Providing insurance products since 1979.
- - State of Domicile Ohio; NAIC Number 91413.
| FINANCIALS ($ US Millions) | 2010 | 2009 |
| Assets(1) | $9,498 | $8,821 |
| Liabilities | $8,978 | $8,449 |
| Total Capital and Surplus(2) | $520 | $371 |
Ratings
- - A.M. Best: A+
- - Moody's: A1
- - Fitch: AA-
- - Standard & Poor's: AA-
Transamerica Life Canada
Home Office
5000 Yonge Street
Toronto, Ontario, Canada
M2N-7J8
(416) 883-5000
- - Transamerica Life Canada is not licensed to conduct business in any state in the U.S., the District of Columbia, or U.S. territories.
| FINANCIALS ($ CAD Millions) | 2010 | 2009 |
| Assets(3) | $8,923 | $10,147 |
| Liabilities | $8,048 | $9,254 |
| Total Capital and Surplus(2) | $875 | $892 |
Ratings
- - A.M. Best: B++
- - Fitch: AA-
- - Standard & Poor's: BBB+
Home Office
Travessa Belas Artes, 15 Centro
Rio de Janeiro - RJ - Brazil 20060-000
55 21 3722-2200
- - Effective May 2009, AEGON acquired 50% of Mongeral Seguros e Previdência
- - 214,913 individual clients as of December 31, 2010.
- - R$ 361,885,000 in premiums from January to December 2010.
- - Licensed in all states of Brazil.
- - Not licensed to conduct business in any state in the U.S., the District of Columbia, or U.S. territories.
- - Founded in 1835.
| FINANCIALS ($ Brazilian reais - thousands) | 2010 | 2009 |
| Assets(1) | $381,644 | $305,202 |
| Liabilities | $297,156 | $234,776 |
| Total Capital and Surplus(2) | $84,488 | $70,426 |
Home Office
Insurgentes 1685-2 Col.
Guadalupe Inn C.P. 01020
(+5255 1500 1600)
- - Effective October 2006, AEGON acquired 49% of Seguros Argos, S.A. de C.V.
- - 2,104,733 policies in force as of December 31, 2010.
- - 2,310 million in issued premiums from January to December 2010.
- - Licensed in all Mexican states.
- - Not licensed to conduct business in any state in the U.S., the District of Columbia, or U.S. territories.
- - Founded in 2002.
| FINANCIALS ($ Mexican pesos - thousands) | 2010 | 2009 |
| Assets(1) | $1,679,080 | $1,631,109 |
| Liabilities | $1,435,287 | $1,379,669 |
| Total Capital and Surplus(2) | $243,793 | $251,440 |
