TRANSAMERICA LIFE INSURANCE COMPANY

Company Details

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:

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
2023 Total Accident & Health 0.44% $64,406,757 $65,619,315 $62,670,076 $61,155,955 93.2%
2023 Total Individual Accident & Health 0.94% $48,298,816 $49,318,242 $48,566,353 $46,387,208 94.06%
2023 Individual Comprehensive Medical Expense 0% $1,558 $1,569 $0 $0 0%
2023 Individual Medicare Supplement 7.67% $40,754,280 $41,048,243 $35,356,661 $35,585,636 86.69%
2023 Individual Long Term Care 3.61% $7,110,652 $7,831,319 $12,396,794 $10,193,602 130.16%
2023 Individual Specified Disease 0.21% $221,058 $222,370 $778,428 $577,561 259.73%
2023 Individual Accident Only 0.22% $179,119 $182,154 $13,593 $10,845 5.95%
2023 Individual Disability Income 0% $3,818 $3,794 $1,590 $160 4.22%
2023 Individual Dental 0.01% $6,682 $6,797 $4,019 $4,019 59.13%
2023 Individual Limited Benefit 0.02% $21,649 $21,996 $15,268 $15,385 69.94%
2023 Total Group Accident & Health 0.17% $16,107,941 $16,301,073 $14,103,723 $14,768,747 90.6%
2023 Group Comprehensive Medical Expense - Small Employer 0% $2,132 $2,150 $0 $0 0%
2023 Group Medicare Supplement 1.34% $3,597,236 $3,599,548 $3,494,432 $3,555,927 98.79%
2023 Group Long Term Care 5.91% $2,258,861 $2,382,605 $3,553,370 $3,996,304 167.73%
2023 Group Specified Disease 0.96% $483,506 $483,130 $241,962 $255,534 52.89%
2023 Group Accident Only 2.01% $2,723,199 $2,739,755 $1,117,647 $1,193,194 43.55%
2023 Group Disability Income 0.09% $350,419 $349,827 $153,445 $161,753 46.24%
2023 Group Dental 0.08% $243,024 $244,955 $190,245 $190,804 77.89%
2023 Group Limited Benefit 2.08% $6,449,564 $6,499,103 $5,352,622 $5,415,231 83.32%
2023 Total Life 2.57% $347,846,713 $0 $971,304,041 $0 279.27%
2023 Total Individual Life 1.05% $105,744,143 $0 $517,081,481 $0 489.1%
2023 Individual Whole Life 1.34% $11,750,811 $0 $10,760,886 $0 91.86%
2023 Individual Term Life 2.31% $13,669,081 $0 $12,479,133 $0 91.9%
2023 Individual Universal Life 3.34% $19,087,635 $0 $29,442,071 $0 154.25%
2023 Individual Graded Death Benefits 0.78% $136,094 $0 $134,534 $0 98.85%
2023 Individual Variable Life 0.16% $169,172 $0 $0 $0 0%
2023 Individual Ordinary Annuities 0.05% $1,265,783 $0 $35,518,771 $0 2,806.07%
2023 Individual Variable Annuities 3.99% $59,583,676 $0 $428,746,086 $0 719.57%
2023 Individual Equity Indexed Annuities 0% $0 $0 $0 $0 0%
2023 Individual Deposit-Type Funds 0.01% $81,891 $0 $0 $0 0%
2023 Total Group Life 6.88% $242,102,570 $0 $454,222,560 $0 187.62%
2023 Group Whole Life 0.27% $162,215 $0 $426,457 $0 262.9%
2023 Group Term Life 0.21% $1,254,456 $0 $1,446,938 $0 115.34%
2023 Group Universal Life 6.02% $2,756,114 $0 $1,497,888 $0 54.35%
2023 Group Graded Death Benefits 34.51% $1,389,833 $0 $2,080,599 $0 149.7%
2023 Group Credit Life 0.09% $6,362 $0 $0 $0 0%
2023 Group Ordinary Annuities 0% $14,200 $0 $12,022,999 $0 84,669%
2023 Group Variable Annuities 0% $0 $0 $1,658,908 $0 0%
2023 Group Deposit-Type Funds 0% $0 $0 $-14,876 $0 0%
2023 Group Other Considerations 26.63% $236,519,390 $0 $435,103,647 $0 183.96%
2022 Total Accident & Health 0.55% $72,857,001 $73,322,478 $65,115,840 $66,371,880 90.52%
2022 Total Individual Accident & Health 1.15% $55,943,785 $56,326,016 $52,138,264 $52,234,549 92.74%
2022 Individual Comprehensive Medical Expense 0% $1,573 $1,585 $0 $0 0%
2022 Individual Medicare Supplement 8.92% $47,768,933 $48,126,044 $39,987,789 $39,240,612 81.54%
2022 Individual Long Term Care 3.86% $7,700,243 $7,722,570 $11,344,663 $12,173,478 157.64%
2022 Individual Specified Disease 0.21% $245,546 $246,730 $588,176 $604,387 244.96%
2022 Individual Accident Only 0.31% $191,325 $192,634 $210,892 $208,049 108%
2022 Individual Disability Income 0% $3,843 $3,882 $2,812 $4,165 107.29%
2022 Individual Dental 0.01% $6,017 $6,062 $0 $0 0%
2022 Individual Limited Benefit 0.03% $26,305 $26,509 $3,932 $3,858 14.55%
2022 Total Group Accident & Health 0.2% $16,913,216 $16,996,462 $12,977,576 $14,137,331 83.18%
2022 Group Comprehensive Medical Expense - Small Employer 0% $2,052 $2,067 $0 $0 0%
2022 Group Medicare Supplement 1.54% $3,880,032 $3,908,327 $3,781,708 $3,673,974 94%
2022 Group Long Term Care 6.91% $2,488,772 $2,481,308 $2,579,654 $4,001,676 161.27%
2022 Group Specified Disease 1.42% $686,774 $686,526 $253,424 $255,676 37.24%
2022 Group Accident Only 2.17% $2,879,048 $2,897,155 $1,329,331 $1,293,721 44.65%
2022 Group Disability Income 0.09% $337,659 $337,403 $131,984 $133,884 39.68%
2022 Group Dental 0.09% $274,037 $275,989 $3,760 $3,820 1.38%
2022 Group Limited Benefit 2.17% $6,364,842 $6,407,687 $4,897,715 $4,774,580 74.51%
2022 Total Life 3.09% $443,997,258 $0 $878,641,904 $0 197.93%
2022 Total Individual Life 0.83% $81,978,580 $0 $487,681,876 $0 595.06%
2022 Individual Whole Life 2.24% $19,387,152 $0 $15,987,014 $0 82.93%
2022 Individual Term Life 1.26% $7,827,843 $0 $7,470,022 $0 96.06%
2022 Individual Universal Life 2.34% $18,233,178 $0 $26,734,907 $0 146.63%
2022 Individual Graded Death Benefits 0.58% $136,224 $0 $167,258 $0 122.78%
2022 Individual Variable Life 1.16% $2,548,763 $0 $13,680,680 $0 536.76%
2022 Individual Ordinary Annuities 0.04% $937,780 $0 $29,599,163 $0 3,156.3%
2022 Individual Variable Annuities 1.66% $32,817,747 $0 $394,042,832 $0 1,200.7%
2022 Individual Equity Indexed Annuities 0% $0 $0 $0 $0 0%
2022 Individual Deposit-Type Funds 0.01% $89,893 $0 $0 $0 0%
2022 Total Group Life 8.05% $362,018,678 $0 $390,960,028 $0 107.99%
2022 Group Whole Life 0.43% $175,736 $0 $459,000 $0 261.19%
2022 Group Term Life 0.27% $1,461,797 $0 $1,769,918 $0 121.08%
2022 Group Universal Life 1.94% $2,287,821 $0 $1,857,728 $0 81.2%
2022 Group Graded Death Benefits 34.94% $1,446,117 $0 $2,310,377 $0 159.76%
2022 Group Credit Life 0.09% $7,779 $0 $10,658 $0 137.01%
2022 Group Ordinary Annuities 0.01% $81,530 $0 $12,065,994 $0 14,799.5%
2022 Group Variable Annuities 0% $0 $0 $2,435,913 $0 0%
2022 Group Deposit-Type Funds 0% $0 $0 $0 $0 0%
2022 Group Other Considerations 32.06% $356,557,898 $0 $370,050,440 $0 103.78%
2021 Total Accident & Health 0.66% $79,626,386 $80,616,406 $54,709,259 $49,864,627 61.85%
2021 Total Individual Accident & Health 1.4% $63,270,839 $63,334,821 $44,274,531 $39,905,583 63.01%
2021 Individual Comprehensive Medical Expense 0% $1,656 $1,669 $16,246 $16,040 961.05%
2021 Individual Medicare Supplement 9.29% $54,042,014 $54,441,664 $31,697,266 $31,296,454 57.49%
2021 Individual Long Term Care 4.19% $8,697,720 $8,359,604 $11,812,211 $7,846,921 93.87%
2021 Individual Specified Disease 0.27% $273,875 $274,627 $642,786 $641,280 233.51%
2021 Individual Accident Only 0.34% $212,932 $214,320 $85,953 $84,961 39.64%
2021 Individual Disability Income 0.01% $5,777 $5,802 $891 $880 15.17%
2021 Individual Dental 0.01% $6,695 $6,744 $0 $0 0%
2021 Individual Limited Benefit 0.04% $30,170 $30,391 $19,178 $19,047 62.67%
2021 Total Group Accident & Health 0.22% $16,355,547 $17,281,585 $10,434,728 $9,959,044 57.63%
2021 Group Comprehensive Medical Expense - Small Employer 0% $2,125 $2,266 $0 $0 0%
2021 Group Medicare Supplement 1.89% $4,375,962 $4,667,356 $3,588,539 $3,554,856 76.16%
2021 Group Long Term Care 6.87% $2,671,936 $2,813,748 $2,346,837 $1,909,888 67.88%
2021 Group Specified Disease 1.76% $782,332 $788,922 $261,860 $271,553 34.42%
2021 Group Accident Only 2.71% $3,265,674 $3,456,855 $1,381,773 $1,373,565 39.73%
2021 Group Disability Income 0.12% $426,619 $429,089 $153,778 $160,043 37.3%
2021 Group Dental 0.11% $331,406 $353,260 $674 $702 0.2%
2021 Group Limited Benefit 1.6% $4,499,493 $4,769,088 $2,700,867 $2,688,243 56.37%
2021 Group Short Term Credit Disability 0% $0 $1,001 $0 $-206 -20.58%
2021 Group Medicare Part D 0% $0 $0 $400 $400 0%
2021 Total Life 3.33% $408,733,538 $0 $1,117,628,676 $0 273.47%
2021 Total Individual Life 1.19% $93,507,219 $0 $689,132,614 $0 737.14%
2021 Individual Whole Life 2.15% $18,912,799 $0 $17,177,547 $0 91.37%
2021 Individual Term Life 1.09% $6,613,387 $0 $7,839,812 $0 119.27%
2021 Individual Universal Life 2.43% $19,304,773 $0 $64,030,365 $0 331.68%
2021 Individual Graded Death Benefits 0.72% $156,294 $0 $159,451 $0 102.02%
2021 Individual Variable Life 0.72% $1,698,002 $0 $6,797,116 $0 400.3%
2021 Individual Ordinary Annuities 0.29% $4,498,128 $0 $27,315,271 $0 607.26%
2021 Individual Variable Annuities 1.87% $42,216,992 $0 $565,813,052 $0 1,340.25%
2021 Individual Equity Indexed Annuities 0% $0 $0 $0 $0 0%
2021 Individual Deposit-Type Funds 0.12% $106,844 $0 $0 $0 0%
2021 Total Group Life 7.16% $315,226,319 $0 $428,496,062 $0 135.93%
2021 Group Whole Life 0.43% $197,842 $0 $708,960 $0 358.35%
2021 Group Term Life 0.26% $1,554,919 $0 $2,183,079 $0 140.4%
2021 Group Universal Life 6.09% $2,230,696 $0 $1,366,360 $0 61.25%
2021 Group Graded Death Benefits 36.31% $1,609,879 $0 $2,375,799 $0 147.58%
2021 Group Credit Life 0.08% $9,172 $0 $17,747 $0 193.49%
2021 Group Ordinary Annuities 0.01% $134,655 $0 $12,040,930 $0 8,942.06%
2021 Group Variable Annuities 0% $0 $0 $4,927,215 $0 0%
2021 Group Deposit-Type Funds 0% $0 $0 $0 $0 0%
2021 Group Other Considerations 26.97% $309,489,156 $0 $404,875,972 $0 130.82%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Health 0.71% 40 261
2023 Long-Term Care Insurance 4.26% 24 346
2023 Life and Annuities 0.86% 69 1076
2023 Medicare Supplement Insurance 6.41% 11 226
2022 Health 0.95% 23 111
2022 Long-Term Care Insurance 4.59% 18 256
2022 Life and Annuities 1.75% 71 559
2022 Medicare Supplement Insurance 7.26% 2 37
2021 Health 0.79% 32 165
2021 Long-Term Care Insurance 4.89% 26 314
2021 Life and Annuities 1.9% 54 367
2021 Medicare Supplement Insurance 5.7% 2 44

Company Changes

Effective Date:
Comments:

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

Effective Date:
Comments:

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

Effective Date:
Comments:

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

Effective Date:
Comments:

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

Effective Date:
Comments:

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

Effective Date:
Comments:

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

Effective Date:
Comments:

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

Market Regulation Actions

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Financial Exams

This company does not have any financial exams.