Company Details

  TRANSAMERICA LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

86231


Phone Number:

3193555539


Company Address:

6400 C STREET SW 
CEDAR RAPIDS, IA  52499

Description:

Life and Health


License Number:

A419839


Date Admitted:

1969-06-25


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2022 Total Accident & Health 0.11% $72,857,001 $73,322,478 $65,115,840 $66,371,880 90.52 %
2022 Total Individual Accident & Health 0.26% $55,943,785 $56,326,016 $52,138,264 $52,234,549 92.74 %
2022 Individual Comprehensive Medical Expense 0.00% $1,573 $1,585 $0 $0 0.00 %
2022 Individual Medicare Supplement 1.78% $47,768,933 $48,126,044 $39,987,789 $39,240,612 81.54 %
2022 Individual Long Term Care 1.59% $7,700,243 $7,722,570 $11,344,663 $12,173,478 N/A
2022 Individual Specified Disease 0.03% $245,546 $246,730 $588,176 $604,387 N/A
2022 Individual Accident Only 0.06% $191,325 $192,634 $210,892 $208,049 N/A
2022 Individual Disability Income 0.00% $3,843 $3,882 $2,812 $4,165 N/A
2022 Individual Dental 0.00% $6,017 $6,062 $0 $0 0.00 %
2022 Individual Limited Benefit 0.00% $26,305 $26,509 $3,932 $3,858 14.55 %
2022 Total Group Accident & Health 0.04% $16,913,216 $16,996,462 $12,977,576 $14,137,331 83.18 %
2022 Group Comprehensive Medical Expense - Small Employer 0.00% $2,052 $2,067 $0 $0 0.00 %
2022 Group Medicare Supplement 0.16% $3,880,032 $3,908,327 $3,781,708 $3,673,974 94.00 %
2022 Group Long Term Care 2.06% $2,488,772 $2,481,308 $2,579,654 $4,001,676 N/A
2022 Group Specified Disease 0.69% $686,774 $686,526 $253,424 $255,676 37.24 %
2022 Group Accident Only 0.69% $2,879,048 $2,897,155 $1,329,331 $1,293,721 44.65 %
2022 Group Disability Income 0.04% $337,659 $337,403 $131,984 $133,884 39.68 %
2022 Group Dental 0.02% $274,037 $275,989 $3,760 $3,820 1.38 %
2022 Group Limited Benefit 0.66% $6,364,842 $6,407,687 $4,897,715 $4,774,580 74.51 %
2022 Total Life 1.12% $443,997,258 $0 $878,641,904 $0 N/A
2022 Total Individual Life 0.32% $81,978,580 $0 $487,681,876 $0 N/A
2022 Individual Whole Life 1.27% $19,387,152 $0 $15,987,014 $0 N/A
2022 Individual Term Life 0.53% $7,827,843 $0 $7,470,022 $0 N/A
2022 Individual Universal Life 1.01% $18,233,178 $0 $26,734,907 $0 N/A
2022 Individual Graded Death Benefits 0.37% $136,224 $0 $167,258 $0 N/A
2022 Individual Variable Life 0.53% $2,548,763 $0 $13,680,680 $0 N/A
2022 Individual Ordinary Annuities 0.02% $937,780 $0 $29,599,163 $0 N/A
2022 Individual Variable Annuities 0.42% $32,817,747 $0 $394,042,832 $0 N/A
2022 Individual Equity Indexed Annuities 0.00% $0 $0 $0 $0 N/A
2022 Individual Deposit-Type Funds 0.01% $89,893 $0 $0 $0 N/A
2022 Total Group Life 2.52% $362,018,678 $0 $390,960,028 $0 N/A
2022 Group Whole Life 0.19% $175,736 $0 $459,000 $0 N/A
2022 Group Term Life 0.10% $1,461,797 $0 $1,769,918 $0 N/A
2022 Group Universal Life 0.50% $2,287,821 $0 $1,857,728 $0 N/A
2022 Group Graded Death Benefits 6.01% $1,446,117 $0 $2,310,377 $0 N/A
2022 Group Credit Life 0.04% $7,779 $0 $10,658 $0 N/A
2022 Group Ordinary Annuities 0.00% $81,530 $0 $12,065,994 $0 N/A
2022 Group Variable Annuities 0.00% $0 $0 $2,435,913 $0 N/A
2022 Group Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2022 Group Other Considerations 5.76% $356,557,898 $0 $370,050,440 $0 N/A
2021 Total Accident & Health 0.10% $79,626,386 $80,616,406 $54,709,259 $49,864,627 61.85 %
2021 Total Individual Accident & Health 0.27% $63,270,839 $63,334,821 $44,274,531 $39,905,583 63.01 %
2021 Individual Comprehensive Medical Expense 0.00% $1,656 $1,669 $16,246 $16,040 N/A
2021 Individual Medicare Supplement 1.71% $54,042,014 $54,441,664 $31,697,266 $31,296,454 57.49 %
2021 Individual Long Term Care 1.66% $8,697,720 $8,359,604 $11,812,211 $7,846,921 93.87 %
2021 Individual Specified Disease 0.03% $273,875 $274,627 $642,786 $641,280 N/A
2021 Individual Accident Only 0.07% $212,932 $214,320 $85,953 $84,961 39.64 %
2021 Individual Disability Income 0.00% $5,777 $5,802 $891 $880 15.17 %
2021 Individual Dental 0.00% $6,695 $6,744 $0 $0 0.00 %
2021 Individual Limited Benefit 0.01% $30,170 $30,391 $19,178 $19,047 62.67 %
2021 Total Group Accident & Health 0.03% $16,355,547 $17,281,585 $10,434,728 $9,959,044 57.63 %
2021 Group Comprehensive Medical Expense - Small Employer 0.00% $2,125 $2,266 $0 $0 0.00 %
2021 Group Medicare Supplement 0.20% $4,375,962 $4,667,356 $3,588,539 $3,554,856 76.16 %
2021 Group Long Term Care 2.23% $2,671,936 $2,813,748 $2,346,837 $1,909,888 67.88 %
2021 Group Specified Disease 0.76% $782,332 $788,922 $261,860 $271,553 34.42 %
2021 Group Accident Only 0.90% $3,265,674 $3,456,855 $1,381,773 $1,373,565 39.73 %
2021 Group Disability Income 0.06% $426,619 $429,089 $153,778 $160,043 37.30 %
2021 Group Dental 0.02% $331,406 $353,260 $674 $702 0.20 %
2021 Group Limited Benefit 0.49% $4,499,493 $4,769,088 $2,700,867 $2,688,243 56.37 %
2021 Group Short Term Credit Disability 0.00% $0 $1,001 $0 $-206 -20.58 %
2021 Group Medicare Part D 0.00% $0 $0 $400 $400 N/A
2021 Total Life 1.16% $408,733,538 $0 $1,117,628,676 $0 N/A
2021 Total Individual Life 0.42% $93,507,219 $0 $689,132,614 $0 N/A
2021 Individual Whole Life 1.12% $18,912,799 $0 $17,177,547 $0 N/A
2021 Individual Term Life 0.49% $6,613,387 $0 $7,839,812 $0 N/A
2021 Individual Universal Life 1.06% $19,304,773 $0 $64,030,365 $0 N/A
2021 Individual Graded Death Benefits 0.46% $156,294 $0 $159,451 $0 N/A
2021 Individual Variable Life 0.33% $1,698,002 $0 $6,797,116 $0 N/A
2021 Individual Ordinary Annuities 0.15% $4,498,128 $0 $27,315,271 $0 N/A
2021 Individual Variable Annuities 0.48% $42,216,992 $0 $565,813,052 $0 N/A
2021 Individual Equity Indexed Annuities 0.00% $0 $0 $0 $0 N/A
2021 Individual Deposit-Type Funds 0.07% $106,844 $0 $0 $0 N/A
2021 Total Group Life 2.45% $315,226,319 $0 $428,496,062 $0 N/A
2021 Group Whole Life 0.20% $197,842 $0 $708,960 $0 N/A
2021 Group Term Life 0.09% $1,554,919 $0 $2,183,079 $0 N/A
2021 Group Universal Life 1.62% $2,230,696 $0 $1,366,360 $0 N/A
2021 Group Graded Death Benefits 6.10% $1,609,879 $0 $2,375,799 $0 N/A
2021 Group Credit Life 0.04% $9,172 $0 $17,747 $0 N/A
2021 Group Ordinary Annuities 0.00% $134,655 $0 $12,040,930 $0 N/A
2021 Group Variable Annuities 0.00% $0 $0 $4,927,215 $0 N/A
2021 Group Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2021 Group Other Considerations 5.40% $309,489,156 $0 $404,875,972 $0 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2022 Medicare Supplement Insurance 6.96% 2 37
2022 Health 0.82% 23 111
2022 Life and Annuities 1.75% 71 559
2022 Long-Term Care Insurance 4.57% 18 256
2021 Health 0.67% 32 165
2021 Life and Annuities 1.90% 54 367
2021 Long-Term Care Insurance 4.87% 26 314
2021 Medicare Supplement Insurance 5.44% 2 44


Company Changes

Effective Date: 10/01/2008

Comments: Life Investors Insurance Company of America merged with and into Transamerica Life Insurance Company

Effective Date: 10/01/2005

Comments: Transamerica Life Insurance and Annuity Company merged with and into Transamerica Life Insurance Company.

Effective Date: 10/01/2004

Comments: Transamerica Assurance Company merged with and into Transamerica Life Insurance Company.

Effective Date: 03/01/2001

Comments: PFL Life Insurance Co. changed its name to Transamerica Life Insurance Co.

Effective Date: 10/01/2015

Comments: Effective 10/01/15 Stonebridge Life Insurance Company NAIC CO #65021 merged with and into Transamerica Life Insurance Company.

Effective Date: 07/01/2019

Comments: Effective 7/1/19 Transamerica Advisors Life Insurance Company merged with and into Transamerica Life Insurance Company

Effective Date: 10/01/2020

Comments: Effective 10/01/2020 Transamerica Premier Life Insurance Company merged with and into the above company.


Market Conduct

Date: 09/20/2013

TransamericaRegulatorySettlementAgreement.pdf

Date: 06/11/2019

TLIC619.pdf

Date: 06/11/2019

TLIC0619.pdf

Date: 09/04/2019

TLIC919.pdf

Date: 05/04/2021

TLIC521.pdf

Date: 08/25/2021

TLIC821.pdf


Financial Exams

This company does not have any financial exams.