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.
| Agency | Rating | Description |
|---|---|---|
| Standard & Poor's | AA- | Very Strong (4th highest of 21 ratings) |
Financial Strength
Transamerica Life Bermuda is a wholly owned subsidiary of Transamerica Life Insurance Company.
The following figures are for Transamerica Life Insurance Company (TLIC) as of March 31, 2009.
| (in US billions) | TLIC |
|---|---|
| Total Assets | $99.2 |
| Liabilities less AVR | $93.6 |
| Capital & Surplus | $4.6 |
| Net Worth | $5.7 |
| Life Insurance In Force | $16.0 billion |
| Total Assets | $1.5 billion |
| Total Liabilities | $956 million |
| Net Worth | $501 million |
Click here for Transamerica Life Bermuda's unaudited balance sheet as of March 31, 2009.
Review Transamerica Life Bermuda's most recent Investment Overview. English Chinese
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.