Financial Overview

Financial Ratings

Transamerica Life Bermuda's high rating is consistent with the company's commitment to being a well-capitalized life insurance company, an advantage we're proud to pass on to each of our clients.

Transamerica Life Bermuda has received the same high rating as Transamerica Life Insurance Company from Standard & Poor's, one of the industry's most respected independent rating services.

Transamerica Life Bermuda
as of August 2008
Agency Rating Description
Standard & Poor's AA Very Strong (3rd highest of 21 ratings)

Financial Strength

Transamerica Life Bermuda is a wholly owned subsidiary of Transamerica Life Insurance Company.

Transamerica Life Insurance Company
as of December 31, 2007
(including the figures for Transamerica Occidental Life Insurance Company, which was statutorily merged into TLIC, by operation of law, effective October 1, 2008)
Life Insurance In Force $995.6 billion
Total Assets $104.5 billion
Liabilities less AVR $26.9 billion
Capital and Surplus $5.6 billion
Net Worth $6.9 billion
Transamerica Life Bermuda
as of December 31, 2007
Life Insurance In Force $13.9 billion
Total Assets $1.2 billion
Total Liabilities $949 million
Net Worth $268 million

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 Net Worth. 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.

The assets of Transamerica Life Insurance Company are generally not available to pay the claims of individual policies issued by Transamerica Life Bermuda.