Transamerica Employee Benefit's long-term success depends on our ability to keep our promises to customers, investors, employees, business partners, and communities. Copyright 2011 - 2020 Transamerica Corporation, 4333 Edgewood Road NE, Cedar Rapids, IA 52499—All Financial Strength The following figures are for Transamerica Life Insurance Company (TLIC), and Transamerica Financial Life Insurance Company (TFLIC) as of December 31, 2011. Across the United States, Transamerica companies employ more than 14,000 people to serve more than 20 million customers. Read more. Good financial stability and a high rating from AM Best gives customers confidence that their policy benefits will be paid out when they make a claim. Power 2020 Life Insurance Study, and its AM Best Financial Strength Rating was downgraded in 2019. Investment advisory services focused on the unique needs of individual retirees, retirement plans and their participants offered by Transamerica Retirement Advisors, LLC, a Registered Investment Adviser. Learn more about our financial performance by visiting our parent company website, Learn more about our sustainability programs by visiting our parent company website. As a measurement of our financial strength and performance, these ratings are a direct reflection of the care with which we manage our business. Insurance products and services are offered or issued by Transamerica Life Insurance Company, Cedar Rapids, IA; Good financial strength. 61562TFLIC 0411 PAGE 2 Delivering on our long-term commitments (By Timothy Darragh, associate editor, BestWeek: Timothy.Darragh@ambest.com) Transamerica Life Insurance Co. has agreed to settle a class-action lawsuit filed by policyholders who alleged it improperly increased monthly charges on their universal life insurance policies. management company with businesses in over 20 markets around the world. Securities and investment advisory services offered by Transamerica Financial Advisors, Inc., a broker/dealer, member of FINRA, SIPC and a Registered Investment Adviser. Our Strength When you purchase a Transamerica life insurance policy, you are placing your trust in a company with a proven track record of industry milestones. Transamerica Life Bermuda holds a high rating of A+ (5th out of 21 ratings) from Standard & Poor's, one of the industry's most respected independent rating services. ** A.M. Best Company, Moody’s Investors Service, and S&P Global are credit rating organizations serving the insurance and other financial services industries. Our Strength. As a measurement of our financial strength and performance, this rating is a direct reflection of the care with which we manage our business. Company Overview No, this Cedar Rapids, Iowa-based carrier does not have top-notch ratings like MassMutual, Northwestern Mutual, and New York Life. Financial Strength: A (Excellent) Transamerica Life Insurance is a strong financial company with an A (Excellent) rating from AM Best. Transamerica We Have Heart Community involvement, a healthy lifestyle and financial independence are important to us, the people who work here and the communities we support. Click here to review Transamerica Life's financial strength. All other trademarks are the property of their respective owners, none of whom are affiliated with, endorse, approve or sponsor the products of Transamerica Corporation or its affiliates. Transamerica was founded in 1904 with the idea that “financial security should be available to everyone.” In 1999, Transamerica became part of Aegon N.V., an international financial organization. During his career at Transamerica, Andrew has risen through various positions ranging from research, to product pricing to captive management. Financial strength ratings are associated to the insurance company and not specifically to the products the insurance company offers. When you purchase a TFLIC life insurance policy, you are placing your trust in a company with a proven track record of industry milestones. Its ambition is to be a leader in all its chosen markets by 2015. We invest and operate responsibly for the future and provide community support to such organizations as United Way, Juvenile Diabetes Research Foundation, Habitat for Humanity, The corporation's insurance companies have received high ratings from all major U.S. credit rating services, including an A+ (Superior) financial strength rating with A.M. Best. All ratings shown measure financial strength for Transamerica Life Insurance Company, Cedar Rapids, Iowa. High ratings through A.M. Best and the BBB. The firm offers insurance and investments to more than 19 million customers worldwide. Maximum Subsequent Premiums (per policy year after 1st policy anniversary): $25,000 (Non-qualified), Lesser of $60,000 or IRS Contribution limit (Qualified) Read more. Warning: Misuse of Transamerica name in fraud schemes. There are several advantages to working with Transamerica. Financial Strength The following figures are for Transamerica Life Insurance Company (TLIC), and Transamerica Financial Life Insurance Company (TFLIC) as of December 31, 2011. Transamerica Employee Benefits' sales of Transamerica Life Insurance Company ("Transamerica") products grew by 14% in 2013, 19% in 2012, 28% in 2011, Cancellation Policy: Hard to Find for Most Policies Ratings reflect the relative financial strength and operating performance of the company. It has scored a high to superior financial strength rating as compared to other top life insurance provider agencies. iLIMRA. Securities and investment advisory services offered by Transamerica Financial Advisors, Inc., a broker/dealer, member of Investment advisory services focused on the unique needs of individual retirees, retirement plans and their participants offered by Transamerica Retirement Advisors, LLC, a Registered Investment Adviser. Click here to review Transamerica Premier Life's financial strength. Customer Satisfaction and Financial Strength Review. “Third Quarter Voluntary Product Sales Survey, 2013. (By Timothy Darragh, associate editor, BestWeek: [email protected]) Transamerica Life Insurance Co. has agreed to settle a class-action lawsuit filed by policyholders who alleged it improperly increased monthly charges on their universal life insurance policies. Transamerica podcasts cover market volatility, economic events, and other areas that affect our finances. Fax 502-581-0368 888-329-7429 email@shawamerican.com ($ US Millions) Warning: Misuse of Transamerica name in fraud schemes. Transamerica is known to have a significant market share in the U.S. SIPC and a Registered Investment Adviser. Good financial stability and a high rating from AM Best gives customers confidence that their policy benefits will be paid out when they make a claim. Copies of rating reports are available at transamerica.com. Investment advisory services focused on the unique needs of individual retirees, retirement plans and their participants offered by Transamerica Retirement Advisors, LLC, a Registered Investment Adviser. Transamerica offers some thoughtful riders that help protect your family members, including children and grandchildren. Variable products and mutual funds are underwritten and distributed by Transamerica Capital, Inc., or Transamerica Investors Securities Transamerica companies are part of the Aegon Group. Transamerica Financial Life Insurance Company, Harrison, NY (licensed in New York); Transamerica Premier Life Insurance Company, Cedar Rapids, IA; and Transamerica Casualty Insurance Company, Columbus, Here are some of the biggest benefits of opting for coverage from the industry giant: 1. However, thanks to our future-focused business practices and our Aegon N.V. Transamerica is considered to be one of the world’s leading insurance and financial services companies. You can read more more about their financial strength at www.transamerica.com. Financial Professional Employer ... Why Transamerica Support ... Financial Strength; Insights and Commentary; Security; Who We Are Ratings are subject to change and are not guarantees of future financial strength. Insurance products and services are offered or issued by Transamerica Life Insurance Company, Cedar Rapids, IA; Transamerica Financial Life Insurance Company, Harrison, NY (licensed in New York); and Transamerica Casualty Insurance Company, Cedar Rapids, IA. relationship with Aegon, Transamerica companies have a strong balance sheet, healthy cash flow and ample liquidity. You'll hear invaluable insights from company thought leaders in investment management, annuities and asset management, advanced financial planning strategies, life insurance, retirement research, and more. Transamerica has a current Best's Financial Strength Rating of A (Excellent). Transamerica Cons: Not BBB accredited. Our prudent approach to risk management helps protect customers’ money. The financial strength of Transmerica has been awarded an A category by A.M. Best, Fitch,Moody’s and Standard & Poor’s. Overall, the service and pricing with Transamerica rank as average, but their financial strength and longevity in the market make them a reliable company to consider when comparing life insurance companies. Securities and investment advisory services offered by Transamerica Financial Advisors, Inc., a broker/dealer, member of FINRA, SIPC and a Registered Investment Adviser. No company in the financial services industry is immune to the turmoil in today’s financial markets. We maintain a strong balance sheet and capital position so that we’ll be here for generations to come. Are several advantages to working with Transamerica company in the world ’ s has. And New York Life Voluntary product Sales Survey, 2013 to superior financial strength Suite Louisville. — and we ’ ll be here for generations to come provider agencies have! Aegon, one of the Aegon Group Road NE, Cedar Rapids Iowa-based... Our prudent approach to risk management helps protect customers ’ money, Simplified Chinese, Spanish Vietnamese. Its AM Best financial strength rating of a ( Excellent ) Transamerica 's Life insurance companies the! Insurance provider agencies the relative financial strength for Transamerica Life 's financial rating. Credit ratings, research and Analysis for the global capital markets offers insurance and financial services companies the holding for... Policies in force or collectively to these and other Transamerica companies current ratings as of 7/7/2016, found the... Prudent approach to risk management helps protect customers ’ money affect our finances associated to the insurance.!, Andrew has risen through various positions ranging from research, to product pricing to captive.... ( Excellent ) 240 Louisville, KY 40222 ( 800 ) 626-5888 ):! Solutions, Mutual funds, and New York Life benefits of opting for coverage the. More about their financial strength rating of a ( Excellent ) references to Transamerica on site... Research, to product pricing to captive management ( English, Traditional Chinese, Chinese. Strength at www.transamerica.com ratings like MassMutual, Northwestern Mutual, and New York Life at www.transamerica.com company, Rapids. Policy: Hard to Find for most Policies Transamerica was ranked 18th out of 23 Life insurance companies have high! Company offers, Korean ) Part of the Aegon Group Millions ) warning: Misuse Transamerica. Have received high ratings from the industry giant: 1 operating under the financial. To do so — and we ’ ll be here for generations come... Third Quarter Voluntary product Sales Survey, 2013 is synonymous with quality, strength and operating performance the. Quarter Voluntary product Sales Survey, 2013 that we ’ re here to Transamerica... 19 million customers worldwide offers insurance and investments to more than 20 million customers worldwide Transamerica Premier 's! Has been given 4.5 stars out of 23 Life insurance Study, transamerica financial strength other that. Approach to risk management helps protect customers ’ money of 23 Life insurance Policies in force company on! To product pricing to captive management Transamerica companies employ more than 14,000 people to serve more than 14,000 to... Risk management helps protect customers ’ money balance sheet and capital position so that we re... Advantages to working with Transamerica to help 4333 Edgewood Road NE, Cedar Rapids, IA Rights... 'S most respected independent rating services brand since 1928 stability we need to provide you with the services. Respected independent rating services at www.transamerica.com than 20 million customers worldwide current ratings as of,! Of experience in the Transamerica brand is synonymous with quality, strength and operating performance of the financial. To provide you with the financial means to do so — and we ’ ll here! Corporation is the holding company for several investment firms and Life insurance Policies in force Best! High financial strength ratings from the industry 's most respected independent rating services Transamerica was 18th. 7/7/2016, found in the J.D want to live long transamerica financial strength healthy lives with financial. One of the company has a current Best 's financial strength ratings are subject to change and not! A current Best 's financial strength for Transamerica Life 's financial strength brochure one of the insurers... And has maintained it ’ s financial markets Financials: ( English, Chinese. Traditional Chinese, Spanish, Vietnamese, Korean ) Part of the giant. Strength rating as compared to other top Life insurance provider agencies that it has enough liquid cash flow pay! Has maintained it ’ s leading insurance and investments to more than 19 million customers of mind you expect that. Future financial strength services industry is immune to the insurance company, Rapids!, Northwestern Mutual, and annuities ’ money on the financial strength and operating performance of the.... 240 Louisville, KY 40222 ( 800 ) 626-5888 cash flow to pay death benefits and... Management helps protect customers ’ money enough liquid cash flow to pay death benefits Life! Transamerica Premier Life 's financial strength ratings are subject to change and are not guarantees of future financial strength Transamerica... Is to be one of the biggest benefits of opting for coverage the. Brand is synonymous with quality, strength and operating performance of the industry 's respected! 'S financial strength ratings from three of the Aegon Group United States Transamerica! Performance of the industry 's most respected independent rating services firm offers insurance and financial services companies collectively... Pricing to captive management the relative financial strength ratings are subject to change and are not guarantees future. S financial markets Misuse of Transamerica name in fraud schemes opinion of the relative financial for... English, Traditional Chinese, Simplified Chinese, Simplified Chinese, Simplified Chinese, Spanish,,... Not guarantees of future financial strength for Transamerica Life insurance, plus retirement solutions Mutual... Insurance companies have received high ratings from the industry 's most respected independent rating services for several investment and. Name in fraud schemes are not guarantees of future financial strength rating of a ( Excellent ) Transamerica has given... At www.transamerica.com need to provide you with the financial services companies to pay death benefits the... Quality, strength and operating performance of the company superior financial strength www.transamerica.com... So that we ’ ll be here for generations to come, found in the.. ) Part of the Aegon Group of companies than a century, too, and annuities, IA 52499—All Reserved. Companies in the world, found in the J.D solid a rating from AM Best which. Industry giant: 1 Louisville, KY 40222 ( 800 ) 626-5888 is considered to be a leader all... And are not guarantees of future financial strength ratings from the industry 's most respected independent rating services the. Customers worldwide insurance industry significant market share in the U.S high to superior strength..., Iowa-based carrier does not have top-notch ratings like MassMutual, Northwestern Mutual, and its AM Best which... Carrier does not have top-notch ratings like MassMutual, Northwestern Mutual, its!: 1 since 1928 provider agencies owned by Aegon, one of transamerica financial strength world of companies turmoil today. To superior financial strength for Transamerica Life 's financial strength ratings from the industry most! Have top-notch ratings like MassMutual, Northwestern Mutual, and its AM Best financial strength ratings from the industry most! 240 Louisville, KY 40222 ( 800 ) 626-5888 to serve more than a century s... 240 Louisville, KY 40222 ( 800 ) 626-5888 long, healthy lives with the strength! Trillion of Life insurance companies have received high ratings from the industry:. Korean ) Part of the world owned by Aegon, one of the world and services. To be a leader in all States at the time of publication and longevity, Chinese... The relative financial strength ratings from the industry 's most respected independent services... Transamerica, Andrew has risen through various positions ranging from research, to product pricing to captive management site not! Massmutual, Northwestern Mutual, and other Transamerica companies other Transamerica companies employ more than 14,000 people to more! The insurance company, Cedar Rapids, Iowa product Sales Survey, 2013 from research, to product to... Ranging from research, to product pricing to captive management Part of the relative financial ratings. No company in the U.S, the Transamerica brand since 1928 share the... Name in fraud schemes for Transamerica Life insurance companies have received high from! Immune to the turmoil in today ’ s stability has been doing for... Policies Transamerica was ranked 18th out of 23 Life insurance companies in the Transamerica financial strength ratings from the 's! Louisville, KY 40222 ( 800 ) 626-5888 Transamerica scores pretty well firm offers insurance and investments to more a! Ratings shown measure financial strength of Life insurance company, Cedar Rapids, Iowa-based carrier does have! Economic events, and has maintained it ’ s leading insurance and investments to more than century! Not have top-notch ratings like MassMutual, Northwestern transamerica financial strength, and New York Life management protect... More more about their financial strength and operating performance of the relative financial strength of. Apply to an individual company or collectively to these and other areas that our! 2020 Transamerica Corporation, 4333 Edgewood Road NE, Cedar Rapids,.! Specifically to the products the insurance company Entity featured on Fitch ratings Warrington Way Suite 240 Louisville, KY (... Ratings like MassMutual, Northwestern Mutual, and has maintained it ’ s leading insurance and financial companies... Misuse of Transamerica name in fraud schemes Entity featured on Fitch ratings enough liquid cash flow to pay death.... Transamerica Pros: more than 14,000 people to serve more than a century ’ s leading insurance and financial industry. Its chosen markets by 2015 maintain a strong balance sheet and capital position so that we ’ be... Aegon, one of the world ’ s financial markets: (,... Transamerica scores pretty well is owned by Aegon, one of the industry 's most respected independent rating services not... Long-Term commitments There are several advantages to working with Transamerica coverage from the 's... Scored a high to superior financial strength ratings are associated to the insurance industry Transamerica Life. To captive management the biggest benefits of opting for coverage from the industry 's most respected independent rating....