Financial Overview
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.
Financial Strength Ratings for Transamerica Occidental Life Insurance Company, Transamerica Life Insurance Company, and Transamerica Financial Life Insurance Company.
| Agency | Rating | Description |
|---|---|---|
| A.M. Best | A+ | Superior |
| Standard & Poor's | AA | Very Strong |
| Moody's | Aa3 | Excellent |
| Fitch | AA+ | Very Strong |
Ratings as of December 31, 2006. Ratings shown represent current and independent opinions from the leading providers of ratings of insurance companies. After evaluating a company's financial condition and operating performance, these agencies assign ratings of a company's financial strength and ability to meet obligations to policyholders. A.M. Best's A+ rating is the second highest of 16 ratings, Standard & Poor's AA rating is the third highest of 21 ratings, Moody's Aa3 rating is the fourth highest of 21 ratings, and Fitch's AA+ rating is the second highest of 24 ratings.
Financial Strength
The following figures are for Transamerica Occidental Life Insurance Company (TOLIC), Transamerica Life Insurance Company (TLIC), and Transamerica Financial Life Insurance Company (TFLIC) as of December 31, 2006.
| (in billions) | TOLIC | TLIC | TFLIC |
|---|---|---|---|
| Life Insurance In Force | $843.0 | $56.4 | $286.9 |
| Total Assets | $30.3 | $73.9 | $16.8 |
| Liabilities less AVR | $26.9 | $71.1 | $15.8 |
| Statutory Surplus | $2.9 | $2.0 | $0.9 |
| Net Worth | $3.4 | $2.8 | $1.0 |
The above figures are reported on a statutory basis, as prescribed by the National Association of Insurance Commissioners. The Asset Valuation Reserve is excluded from Total Liabilities and is included in Statutory Surplus. Net worth includes capital and surplus. 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.
Transamerica Occidental Life Insurance Company and Transamerica Life Insurance Company, Cedar Rapids, IA 52499, and Transamerica Financial Life Insurance Company, Purchase, NY 10577, are members of the AEGON Insurance Group. For additional information about AEGON, please visit www.aegon.com.
Transamerica Financial Life Insurance Company is authorized to conduct business in New York. Transamerica Occidental Life Insurance Company is authorized to conduct business in all other states.
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