New York, New York
The companies of Transamerica offer a wide array of innovative financial services and products with a common purpose. Regardless of the distribution method, our mission is to help individuals, families, and businesses build, protect, and preserve their hard-earned assets. With more than a century of experience, we have built our reputation on solid management, sound decisions, and consumer confidence.
The Transamerica companies are members of the AEGON Group, a multinational insurance organization headquartered in The Hague, The Netherlands. AEGON is one of the world’s leading life insurance and financial services organizations.
Transamerica began as the vision of a young entrepreneur named A. P. Giannini, who took the first step towards realizing his dream by starting a small business known as Bank of Italy (later to be known as Bank of America).
As part of his long-range vision of providing financial services to the general public, Giannini acquired Occidental Life Insurance Company through Transamerica Corporation in 1930. Occidental first opened its doors to customers in 1906, and had established itself as a major force in the life insurance business on the West Coast.
With the addition of Occidental Life Insurance—and the estimated $25 million in assets that came with it—Giannini had created the foundation for what would become a strong and lasting company.
|Standard & Poor´s||AA-||Very Strong|
Ratings as of November, 2010. 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 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.