Transaction Type
|
Direct or Send to
|
Telephonic Transaction
|
1-727- 299-1800 or 1-800-851-9777 (toll free)
|
Facsimile Transaction
|
1-727-299-1648 (subaccount transfers only)
1-727-299-1620 (all other facsimile transactions)
|
Electronic Transaction
|
www.premier.transamerica.com
|
All payments made by check, and all claims, correspondence and notices
|
Mailing Address: 4333 Edgewood Road, N.E., Cedar Rapids, Iowa 52499 -0001
|
Transamerica Series Trust*
|
Transamerica Series Trust* (Cont.)
|
ProFunds (Cont.)
|
|||
Ø
|
Transamerica AB Dynamic Allocation VP
|
Ø
|
Transamerica PIMCO Tactical – Balanced VP
|
Ø
|
ProFund VP Falling U.S. Dollar
|
Ø
|
Transamerica Aegon Government Money Market VP
|
Ø
|
Transamerica PIMCO Tactical – Conservative VP
|
Ø
|
ProFund VP Financials
|
Ø
|
Transamerica Aegon High Yield Bond
|
Ø
|
Transamerica PIMCO Tactical – Growth VP
|
Ø
|
ProFund VP Government Money Market
|
Ø
|
Transamerica Aegon U.S. Government Securities VP
|
Ø
|
Transamerica PIMCO Total Return VP
|
Ø
|
ProFund VP International
|
Ø
|
Transamerica Asset Allocation – Conservative VP
|
Ø
|
Transamerica QS Investors Active Asset Allocation – Conservative VP
|
Ø
|
ProFund VP Japan
|
Ø
|
Transamerica Asset Allocation – Growth VP
|
Ø
|
Transamerica QS Investors Active Asset Allocation – Moderate Growth VP
|
Ø
|
ProFund VP Mid-Cap
|
Ø
|
Transamerica Asset Allocation – Moderate Growth VP
|
Ø
|
Transamerica QS Investors Active Asset Allocation – Moderate VP
|
Ø
|
ProFund VP NASDAQ-100
|
Ø
|
Transamerica Asset Allocation – Moderate VP
|
Ø
|
Transamerica Systematic Small/Mid Cap Value VP
|
Ø
|
ProFund VP Oil & Gas
|
Ø
|
Transamerica Barrow Hanley Dividend Focused VP
|
Ø
|
Transamerica T. Rowe Price Small Cap VP
|
Ø
|
ProFund VP Pharmaceuticals
|
Ø
|
Transamerica BlackRock Global Allocation VP
|
Ø
|
Transamerica Torray Concentrated Growth VP
|
Ø
|
ProFund VP Precious Metals
|
Ø
|
Transamerica BlackRock Tactical Allocation VP
|
Ø
|
Transamerica WMC US Growth VP
|
Ø
|
ProFund VP Short Emerging Markets
|
Ø
|
Transamerica Clarion Global Real Estate Securities VP
|
Fidelity Funds
|
Ø
|
ProFund VP Short International
|
|
Ø
|
Transamerica International Moderate Growth VP
|
Ø
|
Fidelity Index 500 Portfolio
|
Ø
|
ProFund VP Short NASDAQ-100
|
Ø
|
Transamerica JPMorgan Core Bond VP
|
AllianceBernstein Variable Products Series Fund
|
Ø
|
ProFund VP Short Small-Cap
|
|
Ø
|
Transamerica JPMorgan Enhanced Index VP
|
Ø
|
AB Balanced Wealth Strategy Portfolio
|
Ø
|
ProFund VP Small-Cap
|
Ø
|
Transamerica JPMorgan Tactical Allocation VP
|
Franklin Templeton Variable Products Trust
|
Ø
|
ProFund VP Small-Cap Value
|
|
Ø
|
Transamerica Janus Balanced VP
|
Ø
|
Franklin Founding Funds Allocation VIP Fund
|
Ø
|
ProFund VP Telecommunications
|
Ø
|
Transamerica Janus Mid-Cap Growth VP
|
ProFunds
|
Ø
|
ProFund VP UltraNASDAQ - 100
|
|
Ø
|
Transamerica Jennison Growth VP
|
Ø
|
ProFund VP Asia 30
|
Ø
|
ProFund VP UltraSmall-Cap
|
Ø
|
Transamerica MFS International Equity VP
|
Ø
|
ProFund VP Basic Materials
|
Ø
|
ProFund VP U.S. Government Plus
|
Ø
|
Transamerica Managed Risk – Balanced ETF VP
|
Ø
|
ProFund VP Bull
|
Ø
|
ProFund VP Utilities
|
Ø
|
Transamerica Managed Risk – Growth ETF VP
|
Ø
|
ProFund VP Consumer Services
|
Access Trust
|
|
Ø
|
Transamerica Morgan Stanley Capital Growth VP
|
Ø
|
ProFund VP Emerging Markets
|
Ø
|
Access VP High Yield Fund
|
Ø
|
Transamerica Multi-Managed Balanced VP
|
Ø
|
ProFund VP Europe 30
|
Policy Benefits/Risks Summary
|
1
|
Transamerica® Xcelerator Exec
|
1
|
Policy Benefits
|
1
|
Risks of Your Policy
|
3
|
Fee Tables
|
5
|
Fee Tables for Policies Applied For On Or After October 30, 2008
|
6
|
Fee Tables For Policies Applied For Before October 30, 2008 and Issued
Before January 1, 2009
|
11
|
Transamerica Premier, the Separate Account, the Fixed Account and the Portfolios
|
16
|
Financial Condition of the Company
|
16
|
The Separate Account
|
17
|
The Fixed Account
|
18
|
The Portfolios
|
18
|
Selection of Underlying Portfolios
|
28
|
Addition, Deletion, or Substitution of Portfolios
|
28
|
Your Right to Vote Portfolio Shares
|
28
|
Charges and Deductions
|
29
|
Premium Expense Charge
|
29
|
Monthly Deductions
|
29
|
Mortality and Expense Risk Charge
|
32
|
Transfer Charge
|
32
|
Loan Interest Rate Charge
|
32
|
Taxes
|
32
|
Rider Charges
|
32
|
Portfolio Expenses
|
33
|
Revenues We Receive
|
33
|
Your Policy
|
34
|
Ownership Rights
|
34
|
Modifying Your Policy
|
35
|
Purchasing a Policy
|
35
|
Tax Free "Section 1035" Exchanges
|
36
|
When Insurance Coverage Takes Effect
|
36
|
Backdating a Policy
|
38
|
Policy Changes After Age 100
|
38
|
Premiums
|
38
|
Allocating Premiums
|
38
|
Premium Flexibility
|
39
|
Planned Periodic Payments
|
40
|
Premium Limitations & Payments
|
40
|
Transfers
|
40
|
General
|
40
|
Disruptive Trading and Market Timing
|
41
|
Telephone, Fax and Online Privileges
|
43
|
Fixed Account Transfers
|
44
|
Conversion Rights
|
45
|
Dollar Cost Averaging
|
45
|
Asset Rebalancing Program
|
46
|
Third Party Asset Allocation Services
|
46
|
Policy Values
|
47
|
Cash Value
|
47
|
Net Surrender Value
|
47
|
Subaccount Value
|
48
|
Subaccount Unit Value
|
48
|
Fixed Account Value
|
48
|
Death Benefit
|
49
|
Death Benefit Proceeds
|
49
|
Death Benefit
|
49
|
Choosing Death Benefit Options
|
53
|
Increasing/Decreasing the Specified Amount
|
53
|
Surrenders and Cash Withdrawals
|
54
|
Surrenders
|
54
|
Cash Withdrawals
|
54
|
Canceling a Policy
|
55
|
Signature Guarantees
|
56
|
Loans
|
56
|
General
|
56
|
Loan Interest Spread
|
57
|
Effect of Policy Loans
|
57
|
Policy Lapse and Reinstatement
|
58
|
Lapse
|
58
|
Reinstatement
|
58
|
Federal Income Tax Considerations
|
59
|
Other Policy Information
|
61
|
Settlement Options
|
61
|
Split Dollar Arrangements
|
63
|
Policy Termination
|
63
|
Assignment of the Policy
|
63
|
Supplemental Benefits (Riders)
|
64
|
Disability Waiver of Monthly Deductions Rider
|
64
|
Disability Waiver of Premium Rider
|
64
|
Living Benefit Rider (an Accelerated Death Benefit)
|
65
|
Additional Information
|
66
|
Unclaimed and Abandoned Property
|
66
|
Sending Forms and Transaction Requests In Good Order
|
66
|
Sale of the Policies
|
66
|
Legal Proceedings
|
68
|
Financial Statements
|
68
|
Glossary
|
69
|
Monthly Per Unit Charges (Rate per Thousand)
|
74
|
Illustrations
|
82
|
Monthly Per Unit Charges (Rate Per Thousand)
|
86
|
Prospectus Back Cover
|
94
|
·
|
The Transamerica® Xcelerator Exec is a flexible premium variable life insurance policy, which gives you the potential for long-term life insurance coverage with the opportunity for tax-deferred accumulation of cash value.
|
|
·
|
The Policy is only available for group or sponsored arrangements and has no surrender or withdrawal charges; no minimum no lapse period; and you may take up to 12 withdrawals each Policy year (after the first Policy year).
|
|
·
|
The Policy is designed to be long-term in nature in order to provide a significant life insurance benefit. The Policy should only be purchased if you have the financial ability to keep it in force for a substantial period of time. You should consider this Policy in conjunction with other insurance that you own.
|
|
·
|
You may place your money in the fixed account where it earns an interest rate (at least 2% annual interest) declared in advance for a specified period, or in any of the subaccounts of the WRL Series Life Account which are described in this prospectus. The fixed account is not available to you if your Policy was issued in the State of New Jersey.
|
|
·
|
The Policy's cash value will increase or decrease depending on the investment performance of the subaccounts, the premiums you pay, the fees and charges that we deduct, the interest we credit to the fixed account, and the effects of any Policy transactions (such as transfers, loans and cash withdrawals). Investment returns are not guaranteed. The Policy is not suitable as a short-term investment or savings vehicle.
|
|
·
|
Your Policy offers supplemental riders, and depending on which riders are selected, certain charges may be deducted from the Policy's cash value as part of the monthly deductions.
|
|
·
|
We offer four (4) bands of coverage under the Policy depending on the initial specified amount of insurance you have selected and any adjustments to the specified amount after issue:
|
|
Band 1: $100,000 - $249,999
|
||
Band 2: $250,000 - $499,999
|
||
Band 3: $500,000 - $999,999
|
||
Band 4: $1,000,000 or more
|
||
·
|
Certain Policy charges are based on the specified amount band; generally the higher the band, the lower the charges.
|
|
·
|
You will have a free look period once we deliver your Policy. You may return the Policy with the owner's original signature and a written request during this period and receive a refund. We may place your net premium in the reallocation account until the reallocation date as shown on your Policy schedule page. Please see the section of this prospectus entitled "Canceling a Policy" for a description of the free look period.
|
|
·
|
You may apply for an increase in the specified amount any time before the insured's 86th birthday, and you may decrease the specified amount after your Policy has been in force for three years, but you may not increase and decrease the specified amount in the same Policy year. If approved, the change will take effect on the next Policy Monthiversary. Changes are not allowed after the insured reaches age 95. The amount of your decrease may be limited. For further details, please see "Death Benefits – Increasing/Decreasing the Specified Amount."
|
|
·
|
We will also allow a one-time decrease of 50% at any point after the seventh Policy year. The new specified amount cannot be less than the minimum specified amount as shown in your Policy.
|
|
·
|
There may be adverse consequences should you take an early withdrawal from the fixed account and/or subaccounts such as a change in your tax status, a reduction in the Policy's specified amount, its death benefit and the Policy's cash value.
|
·
|
Choose the timing, amount and frequency of premium payments.
|
·
|
Change the Death Benefit Option.
|
·
|
Increase or decrease the amount of the Policy's life insurance coverage.
|
·
|
Change the beneficiary.
|
·
|
Transfer cash value among investment options available under your Policy.
|
·
|
Take a loan against the Policy.
|
·
|
Take a cash withdrawal or surrender the Policy.
|
·
|
Under Option A the death benefit is the greatest of:
|
||
>
|
The specified amount; or
|
||
>
|
The minimum death benefit under the guideline premium test or cash value accumulation test, whichever has been selected; or
|
||
>
|
The amount required for the Policy to qualify as a life insurance policy under Section 7702 of the Internal Revenue Code.
|
||
·
|
Under Option B the death benefit is the greatest of:
|
||
>
|
The specified amount, plus the Policy's cash value on the date of the insured's death; or
|
||
>
|
The minimum death benefit under the guideline premium test or cash value accumulation test, whichever has been selected; or
|
||
>
|
The amount required for the Policy to qualify as a life insurance policy under Section 7702 of the Internal Revenue Code.
|
·
|
Cash Value Accumulation Test –generally does not limit the amount of premiums you can pay on your Policy.
|
·
|
Guideline Premium Test – limits the amount of premiums you can pay on your Policy, and the minimum death benefit will generally be smaller than under the Cash Value Accumulation Test.
|
·
|
Withdrawals – You can withdraw part of your Policy's net surrender value twelve times per year after the first Policy year. Withdrawals are described in more detail in "Surrenders and Cash Withdrawals – Cash Withdrawals."
|
·
|
Loans – After the first Policy year, you can take a loan from the Policy using your Policy's net surrender value as security. Loans and loan interest rates are described in more detail in the section of this prospectus entitled "Loans." The terms for any loans taken from your cash balance will differ depending on the C.S.O. Table that was in effect at the time your Policy was issued.
|
·
|
Surrender – You can surrender or cash in your Policy for its net surrender value while the insured is alive. Surrenders are described in more detail in the section entitled "Surrenders and Cash Withdrawals – Surrenders."
|
·
|
Reduce your Policy's specified amount.
|
·
|
Reduce the death benefit proceeds paid to your beneficiary.
|
·
|
Make your Policy more susceptible to lapsing.
|
·
|
Trigger federal income taxes and possibly a penalty tax.
|
Transaction Fees
|
||||
Charge
|
When Charge is Deducted
|
Amount Deducted
|
||
Guaranteed Charge
|
Current Charge1
|
|||
Premium Expense Charge
|
Upon payment of each premium
|
0% of premium payments in the first Policy year, 3% of premium payments thereafter
|
0% of premium payments in the first Policy year; 3% of premium payments thereafter
|
|
Transfer Charge2
|
Upon transfer
|
$25 for each transfer in excess of 12 per Policy year
|
$25 for each transfer in excess of 12 per Policy year
|
|
Living Benefit Rider (an Accelerated Death Benefit)3
|
When rider is exercised
|
Discount Factor
|
Discount Factor
|
Periodic Charges Other Than Portfolio Operating Expenses
|
|||
Charge
|
When Charge is Deducted
|
Amount Deducted
|
|
Guaranteed Charge
|
Current Charge1
|
||
Monthly Policy Charge
|
Monthly, on the Policy date and on each Monthiversary until the insured reaches attained age 100
|
$10.00 per month during the first Policy year and $12.00 thereafter through attained age 99, $0 starting at attained age 100
|
$10.00 per month through attained age 99; $0 starting at attained age 100.
|
Cost of Insurance4
|
Monthly, on the Policy date and on each Monthiversary until the insured reaches attained age 100
|
||
(without Extra Ratings) 5
|
|||
Maximum Charge6
|
$29.19 per $1,000 of net amount at risk per month7
|
$29.19 per $1,000 of net amount at risk per month7
|
|
Minimum Charge
|
$0.04 per $1,000 of net amount at risk per month7,8
|
$0.01 per $1,000 of net amount at risk per month7,9
|
Periodic Charges Other Than Portfolio Operating Expenses
|
||||
Charge
|
When Charge is Deducted
|
Amount Deducted
|
||
Guaranteed Charge
|
Current Charge1
|
|||
Cost of Insurance (without Extra Ratings) continued
|
||||
Initial Charge for a male insured, issue age 45, in the non-tobacco use class
|
$0.23 per $1,000 of net amount at risk per month7
|
$0.04 per $1,000 of net amount at risk per month7
|
||
Monthly Per Unit Charge10
|
Monthly, on and after the Policy date, and on any increase in specified amount until the insured reaches attained age 100
|
|||
Maximum Charge11
|
$6.34 per $1,000 of specified amount per month
|
$6.34 per $1,000 of specified amount per month
|
||
Minimum Charge12
|
$0.10 per $1,000 of specified amount per month
|
$0.10 per $1,000 of specified amount per month
|
||
Initial Charge for a male insured, at issue age 45, in the non-tobacco class, Band 2
|
$0.23 per $1,000 of specified amount per month
|
$0.23 per $1,000 of specified amount per month
|
||
Mortality and Expense Risk Charge
|
Daily
|
Annual rate of 0.75% for Policy years 1 – 15, and 0.30% for Policy years 16+, of daily net assets of each subaccount in which you are invested
|
Annual rate of 0.75% for Policy years 1 – 15, and 0.00% for Policy years 16+, of daily net assets of each subaccount in which you are invested
|
|
Loan Interest Spread13
|
On Policy anniversary or earlier, as applicable14
|
1.0% (effective annual rate)
|
0.75% (effective annual rate)
|
Periodic Charges Other Than Portfolio Operating Expenses
|
|||
Charge
|
When Charge is Deducted
|
Amount Deducted
|
|
Guaranteed Charge
|
Current Charge1
|
||
Optional Rider Charges:15
|
|||
Disability Waiver of Monthly Deductions Rider16
|
Monthly, on the Policy date and on each Monthiversary until the insured reaches attained age 60
|
||
Maximum Charge17
|
$0.39 per $1,000 of the Policy's net amount at risk per month7
|
$0.39 per $1,000 of the Policy's net amount at risk per month7
|
|
Minimum Charge18
|
$0.03 per $1,000 of the Policy's net amount at risk per month7
|
$0.03 per $1,000 of the Policy's net amount at risk per month7
|
|
Initial Charge for a male insured, issue age 45
|
$0.08 per $1,000 of base Policy net amount at risk per month7
|
$0.08 per $1,000 of base Policy net amount at risk per month7
|
|
Disability Waiver of Premium Rider19
|
Monthly, on the Policy date and on each Monthiversary until the insured reaches attained age 60
|
||
Maximum Charge20
|
$1.61 per $10 monthly rider benefit
|
$1.61 per $10 monthly rider benefit
|
|
Minimum Charge21
|
$0.28 per $10 monthly rider benefit
|
$0.28 per $10 monthly rider benefit
|
|
Initial Charge for a male insured, issue age 45
|
$0.83 per $10 monthly rider benefit
|
$0.83 per $10 monthly rider benefit
|
Transaction Fees
|
|||
Charge
|
When Charge is Deducted
|
Amount Deducted
|
|
Guaranteed Charge
|
Current Charge1
|
||
Premium Expense Charge
|
Upon payment of each premium
|
0% of premium payments in the first Policy year, 3% of premium payments thereafter
|
0% of premium payments in the first Policy year; 3% of premium payments thereafter
|
Transfer Charge2
|
Upon transfer
|
$25 for each transfer in excess of 12 per Policy year
|
$25 for each transfer in excess of 12 per Policy year
|
Living Benefit Rider (an Accelerated Death Benefit)3
|
When rider is exercised
|
Discount Factor
|
Discount Factor
|
Periodic Charges Other Than Portfolio Operating Expenses
|
|||
Charge
|
When Charge is Deducted
|
Amount Deducted
|
|
Guaranteed Charge
|
Current Charge1
|
||
Monthly Policy Charge
|
Monthly, on the Policy date and on each Monthiversary until the insured reaches attained age 100
|
$8.00 per month during the first Policy year; thereafter, $15.00 per month through attained age 99; and $0 per month starting at attained age 100.
|
$8.00 per month through attained age 99; and $0 starting at attained age 100.
|
Cost of Insurance4
|
Monthly, on the Policy date and on each Monthiversary until the insured reaches attained age 100
|
||
(without Extra Ratings) 5
|
|||
Maximum Charge6
|
$83.33 per $1,000 of net amount at risk per month7
|
$42.05 per $1,000 of net amount at risk per month7
|
|
Minimum Charge
|
$0.08 per $1,000 of net amount at risk per month7,8
|
$0.01 per $1,000 of net amount at risk per month7,9
|
Periodic Charges Other Than Portfolio Operating Expenses
|
||||
Charge
|
When Charge is Deducted
|
Amount Deducted
|
||
Guaranteed Charge
|
Current Charge1
|
|||
Cost of Insurance
(without Extra Ratings)
continued
|
||||
Initial Charge for a male insured, issue age 46, in the non-tobacco use class10
|
$0.59 per $1,000 of net amount at risk per month7
|
$0.09 per $1,000 of net amount at risk per month7
|
||
Monthly Per Unit Charge11
|
Monthly, on and after the Policy date, and on any increase in specified amount until the insured reaches attained age 100
|
|||
Maximum Charge12
|
$6.34 per $1,000 of specified amount per month
|
$6.34 per $1,000 of specified amount per month
|
||
Minimum Charge13
|
$0.10 per $1,000 of specified amount per month
|
$0.10 per $1,000 of specified amount per month
|
||
Initial Charge for a male insured, issue age 46, band 2
|
$0.27 per $1,000 of specified amount per month
|
$0.27 per $1,000 of specified amount per month
|
||
Mortality and Expense Risk Charge
|
Daily
|
Annual rate of 0.75% for Policy years 1 – 15, and 0.30% for Policy years 16+, of daily net assets of each subaccount in which you are invested
|
Annual rate of 0.75% for Policy years 1 – 15, and 0.00% for Policy years 16+, of daily net assets of each subaccount in which you are invested
|
|
Loan Interest Spread14
|
On Policy anniversary or earlier, as applicable15
|
1.0% (effective annual rate)
|
0.75% (effective annual rate)
|
Periodic Charges Other Than Portfolio Operating Expenses
|
|||
Charge
|
When Charge is Deducted
|
Amount Deducted
|
|
Guaranteed Charge
|
Current Charge1
|
||
Optional Rider Charges:16
|
|||
Disability Waiver of Monthly Deductions Rider17
|
Monthly, on the Policy date and on each Monthiversary until the insured reaches attained age 60
|
||
Maximum Charge18
|
$0.39 per $1,000 of the Policy's net amount at risk per month7
|
$0.39 per $1,000 of the Policy's net amount at risk per month7
|
|
Minimum Charge19
|
$0.03 per $1,000 of the Policy's net amount at risk per month7
|
$0.03 per $1,000 of the Policy's net amount at risk per month7
|
|
Initial Charge for a male insured, issue age 4610
|
$0.09 per $1,000 of base Policy net amount at risk per month7
|
$0.09 per $1,000 of base Policy net amount at risk per month7
|
|
Disability Waiver of Premium Rider20
|
Monthly, on the Policy date and on each Monthiversary until the insured reaches attained age 60
|
||
Maximum Charge21
|
$1.61 per $10 monthly rider benefit
|
$1.61 per $10 monthly rider benefit
|
|
Minimum Charge22
|
$0.28 per $10 monthly rider benefit
|
$0.28 per $10 monthly rider benefit
|
|
Initial Charge for a male insured, issue age 4610
|
$0.89 per $10 monthly rider benefit
|
$0.89 per $10 monthly rider benefit
|
Lowest
|
Highest
|
|
Total Annual Portfolio Operating Expenses (total of all expenses that are deducted from portfolio assets, including management fees, 12b-1 fees, and other expenses)
|
0.32 %
|
1.84 %
|
Net Annual Portfolio Operating Expenses (total of all expenses that are deducted from portfolio assets, including management fees, 12b-1 fees, and other expenses, after contractual waiver of fees and expenses)3
|
0.32 %
|
1.68 %
|
·
|
Remove, combine, or add subaccounts and make the combined or new subaccounts available for allocation of net premiums.
|
·
|
Combine the separate account or any subaccounts with one or more different separate accounts or subaccounts.
|
·
|
Close certain subaccounts to allocations of new net premiums by current or new policyowners at any time at our discretion.
|
·
|
Transfer assets of the separate account or any subaccount, which we determine to be associated with the class of policies to which the Policy belongs, to another separate account or subaccount.
|
·
|
Operate the separate account as a management company under the 1940 Act, or as any other form of investment company permitted by law.
|
·
|
Establish additional separate accounts or subaccounts to invest in new portfolios of the funds.
|
·
|
Manage the separate account at the direction of a committee.
|
·
|
Endorse the Policy, as permitted by law, to reflect changes to the separate account and subaccounts as may be required by applicable law.
|
·
|
Change the investment objective of a subaccount.
|
·
|
Substitute, add, or delete fund portfolios in which subaccounts currently invest net premiums, to include portfolios of newly designated funds. (Fund portfolios will not be added, deleted or substituted without prior approval of the SEC to the extent required by the 1940 Act or other applicable laws.)
|
·
|
Fund additional classes of variable life insurance policies through the separate account.
|
·
|
Restrict or eliminate any voting privileges of owners or other persons who have voting privileges in connection with the operation of the separate account.
|
Portfolio
|
Investment Adviser/Sub-Adviser
|
Investment Objective
|
TRANSAMERICA SERIES TRUST:
|
||
Transamerica AB Dynamic Allocation VP
|
Transamerica Asset Management, Inc.
AllianceBernstein, L.P.
|
Seeks capital appreciation and current income.
|
Transamerica Aegon Government Money Market VP1,2
|
Transamerica Asset Management, Inc.
Aegon USA Investment Management, LLC
|
Seeks as high a level of current income as is consistent with preservation of capital and liquidity.
|
Transamerica Aegon High Yield Bond VP3 | Transamerica Asset Management, Inc.
Aegon USA Investment Management, LLC
|
Seeks a high level of current income by investing in high-yield debt securities. |
Transamerica Aegon U.S. Government Securities VP
|
Transamerica Asset Management, Inc.
Aegon USA Investment Management, LLC
|
Seeks to provide as high a level of total return as is consistent with prudent investment strategies.
|
*Transamerica Asset Allocation – Conservative VP4
|
Transamerica Asset Management, Inc.
Aegon USA Investment Management, LLC
|
Seeks current income and preservation of capital.
|
*Transamerica Asset Allocation – Growth VP3
|
Transamerica Asset Management, Inc.
Aegon USA Investment Management, LLC
|
Seeks long-term capital appreciation.
|
*Transamerica Asset Allocation – Moderate Growth VP4
|
Transamerica Asset Management, Inc.
Aegon USA Investment Management, LLC
|
Seeks capital appreciation with current income as a secondary objective.
|
*Transamerica Asset Allocation – Moderate VP4
|
Transamerica Asset Management, Inc.
Aegon USA Investment Management, LLC
|
Seeks capital appreciation and current income.
|
Transamerica Barrow Hanley Dividend Focused VP
|
Transamerica Asset Management, Inc.
Barrow, Hanley, Mewhinney & Strauss, LLC
|
Seeks total return gained from the combination of dividend yield, growth of dividends and capital appreciation.
|
Transamerica BlackRock Global Allocation VP
|
Transamerica Asset Management, Inc.
BlackRock Investment Management, LLC
|
Seeks high total investment return. Total investment return is the combination of capital appreciation and investment income.
|
Portfolio
|
Investment Adviser/Sub-Adviser
|
Investment Objective
|
*Transamerica BlackRock Tactical Allocation VP5
|
Transamerica Asset Management, Inc.
BlackRock Financial Management, Inc.
|
Seeks capital appreciation with current income as a secondary objective.
|
Transamerica Clarion Global Real Estate Securities VP
|
Transamerica Asset Management, Inc.
CBRE Clarion Securities LLC
|
Seeks long-term total return from investments primarily in equity securities of real estate companies. Total return consists of realized and unrealized capital gains and losses plus income.
|
*Transamerica International Moderate Growth VP4
|
Transamerica Asset Management, Inc.
Aegon USA Investment Management, LLC
|
Seeks capital appreciation with current income as a secondary objective.
|
Transamerica JPMorgan Core Bond VP
|
Transamerica Asset Management, Inc.
JPMorgan Investment Advisors Inc.
|
Seeks total return, consisting of income and capital appreciation.
|
Transamerica JPMorgan Enhanced Index VP
|
Transamerica Asset Management, Inc.
J. P. Morgan Investment Management Inc.
|
Seeks to earn a total return modestly in excess of the total return performance of the Standard & Poor's 500 Composite Stock Index ("S&P 500") (including the reinvestment of dividends) while maintaining a volatility of return similar to the S&P 500.
|
Transamerica JPMorgan Tactical Allocation VP
|
Transamerica Asset Management, Inc.
J. P. Morgan Investment Management Inc.
|
Seeks current income and preservation of capital.
|
Transamerica Janus Balanced VP
|
Transamerica Asset Management, Inc.
Janus Capital Management LLC
|
Seeks long-term capital growth, consistent with preservation of capital and balanced by current income.
|
Transamerica Janus Mid-Cap Growth VP6
|
Transamerica Asset Management, Inc.
Janus Capital Management LLC
|
Seeks long-term capital appreciation.
|
Transamerica Jennison Growth VP
|
Transamerica Asset Management, Inc.
Jennison Associates, LLC.
|
Seeks long-term growth of capital.
|
Portfolio
|
Investment Adviser/Sub-Adviser
|
Investment Objective
|
Transamerica MFS International Equity VP
|
Transamerica Asset Management, Inc.
MFS® Investment Management
|
Seeks capital growth.
|
Transamerica Managed Risk – Balanced ETF VP7
|
Transamerica Asset Management, Inc.
Milliman Financial Risk Management LLC
|
Seeks to balance capital appreciation and income.
|
Transamerica Managed Risk – Growth ETF VP8
|
Transamerica Asset Management, Inc.
Milliman Financial Risk Management LLC
|
Seeks capital appreciation as a primary objective and income as a secondary objective.
|
Transamerica Morgan Stanley Capital Growth VP
|
Transamerica Asset Management, Inc.
Morgan Stanley Investment Management Inc.
|
Seeks to maximize long-term growth.
|
Transamerica Multi-Managed Balanced VP
|
Transamerica Asset Management, Inc.
J. P. Morgan Investment Management Inc.
Aegon USA Investment Management, LLC
|
Seeks to provide a high total investment return through investments in a broadly diversified portfolio of stocks, bonds and money market instruments.
|
*Transamerica PIMCO Tactical-Balanced VP
|
Transamerica Asset Management, Inc.
Pacific Investment Management Company LLC
|
Seeks a combination of capital appreciation and income.
|
*Transamerica PIMCO Tactical-Conservative VP
|
Transamerica Asset Management, Inc.
Pacific Investment Management Company LLC
|
Seeks a combination of capital appreciation and income.
|
*Transamerica PIMCO Tactical-Growth VP
|
Transamerica Asset Management, Inc.
Pacific Investment Management Company LLC
|
Seeks a combination of capital appreciation and income.
|
Transamerica PIMCO Total Return VP
|
Transamerica Asset Management, Inc.
Pacific Investment Management Company LLC
|
Seeks maximum total return consistent with preservation of capital and prudent investment management.
|
*Transamerica QS Investors Active Asset Allocation – Conservative VP5,9
|
Transamerica Asset Management, Inc.
QS Investors, LLC
|
Seeks current income and preservation of capital.
|
*Transamerica QS Investors Active Asset Allocation – Moderate Growth VP5,10
|
Transamerica Asset Management, Inc.
QS Investors, LLC
|
Seeks capital appreciation with current income as a secondary objective.
|
*Transamerica QS Investors Active Asset Allocation – Moderate VP5,11
|
Transamerica Asset Management, Inc.
QS Investors, LLC
|
Seeks capital appreciation and current income.
|
Portfolio
|
Investment Adviser/Sub-Adviser
|
Investment Objective
|
Transamerica Systematic Small/Mid Cap Value VP
|
Transamerica Asset Management, Inc.
Systematic Financial Management L.P.
|
Seeks to maximize total return.
|
Transamerica T. Rowe Price Small Cap VP
|
Transamerica Asset Management, Inc.
T. Rowe Price Associates, Inc.
|
Seeks long-term growth of capital by investing primarily in common stocks of small growth companies.
|
Transamerica Torray Concentrated Growth VP
|
Transamerica Asset Management, Inc.
Torray LLC
|
Seeks to achieve long-term growth of capital.
|
Transamerica WMC US Growth VP
|
Transamerica Asset Management, Inc.
Wellington Management Company, LLP
|
Seeks to maximize long-term growth.
|
Fidelity Funds
|
||
Fidelity VIP Index 500 Portfolio
|
Fidelity Management & Research Company
|
Seeks investment results that correspond to the total return of common stocks publicly traded in the United States, as represented by the S&P 500® Index.
|
AllianceBernstein variable products series fund, inc.:
|
||
AB Balanced Wealth Strategy Portfolio
|
AllianceBernstein L.P.
|
Seeks to maximize total return consistent with the Adviser's determination of reasonable risk.
|
FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST:
|
||
Franklin Founding Funds Allocation VIP Fund12
|
See Footnote 13
|
Seeks capital appreciation with a secondary goal of income.
|
PROFUNDS:
|
||
ProFund VP Asia 3014
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the ProFunds Asia 30 Index.
|
ProFund VP Basic Materials14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Dow Jones U.S. Basic MaterialsSM Index.
|
ProFund VP Bull14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the S&P 500® Index..
|
ProFund VP Consumer
Services14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Dow Jones U.S. Consumer ServicesSM Index.
|
Portfolio
|
Investment Adviser/Sub-Adviser
|
Investment Objective
|
|
ProFund VP Emerging Markets14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the BNY Mellon Emerging Markets 50 ADR® Index.
|
|
ProFund VP Europe 3014
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the ProFunds Europe 30 Index.
|
|
ProFund VP Falling U.S. Dollar14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the basket of currencies included in the U.S. Dollar Index®.
|
|
ProFund VP Financials14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Dow Jones U.S. FinancialsSM Index.
|
|
ProFund VP Government Money Market14,15,16
|
ProFund Advisors LLC
|
Seeks a high level of current income consistent with liquidity and preservation of capital.
|
|
ProFund VP International14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the MSCI EAFE Index. The fund determines its success in meeting this investment objective by comparing its daily return on a given day with the daily performance of MCSI EAFE futures contracts traded in the United States.
|
Portfolio
|
Investment Adviser/Sub-Adviser
|
Investment Objective
|
ProFund VP Japan14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Nikkei 225 Stock Average. The Fund seeks to provide a return consistent with an investment in the component equities in the Index hedged to U.S. dollars. The Fund seeks to provide a return
based solely on the local price return of the equity securities in the
Index, without any effect from currency movements in the yen versus the U.S. dollar. The Fund determines its success in meeting this
investment objective by comparing its daily return on a given day
with the daily performance of the dollar-denominated Nikkei 225
futures contracts traded in the United States.
|
ProFund VP Mid-Cap14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the S&P MidCap 400® Index.
|
ProFund VP NASDAQ-10014
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the NASDAQ-100® Index.
|
ProFund VP Oil & Gas14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Dow Jones U.S. Oil & GasSM Index.
|
ProFund VP Pharmaceuticals14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Dow Jones U.S. Pharmaceuticals SM Index.
|
ProFund VP Precious Metals14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Dow Jones Precious Metals SM Index.
|
ProFund VP Short Emerging Markets14
|
ProFund Advisors LLC
|
Seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the BNY Mellon Emerging Markets 50 ADR Index. The fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
|
Portfolio
|
Investment Adviser/Sub-Adviser
|
Investment Objective
|
ProFund VP Short International14
|
ProFund Advisors LLC
|
Seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the MSCI EAFE Index (the "Index"). The fund does not seek to achieve its stated investment objective over a period of time greater than a single day. The fund determines its success in meeting this investment objective by comparing its daily return on a given day with the inverse (-1x) of the daily performance of MSCI EAFE futures contracts traded in the United States.
|
ProFund VP Short NASDAQ-10014
|
ProFund Advisors LLC
|
Seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the NASDAQ-100® Index. The fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
|
ProFund VP Short Small-Cap14
|
ProFund Advisors LLC
|
Seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Russell 2000® Index. The fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
|
ProFund VP Small-Cap14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Russell 2000® Index.
|
ProFund VP Small-Cap Value14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the S&P SmallCap 600® Value Index.
|
ProFund VP Telecommunications14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Dow Jones U.S. TelecommunicationsSM Index.
|
ProFund VP UltraNASDAQ-10014
|
ProFund Advisors LLC
|
Seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100® Index. The fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
|
Portfolio
|
Investment Adviser/Sub-Adviser
|
Investment Objective
|
ProFund VP UltraSmall-Cap14
|
ProFund Advisors LLC
|
Seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Russell 2000® Index. The fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
|
ProFund VP U.S. Government Plus14
|
ProFund Advisors LLC
|
Seeks daily investment results, before fees and expenses, that correspond to one and one-quarter times (1.25x) the daily price movement of the most recently issued 30-year U.S. Treasury Bond. The fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
|
ProFund VP Utilities14
|
ProFund Advisors LLC
|
Seeks investment results, before fees and expenses, that correspond to the performance of the Dow Jones U.S. UtilitiesSM Index.
|
ACCESS TRUST:
|
||
Access VP High Yield Fund14, 17
|
ProFund Advisors LLC
|
Seeks to provide investment results that generally correspond to the total return of the high yield market consistent with maintaining reasonable liquidity.
|
Services and benefits we provide
under the Policy:
|
·
|
The death benefit, cash and loan benefits
|
·
|
Investment options, including premium allocations
|
|
·
|
Administration of elective options
|
|
·
|
The distribution of reports to owners
|
|
Costs and expenses we incur:
|
·
|
Costs associated with processing and underwriting applications;
|
·
|
Expenses of issuing and administering the Policy (including any Policy riders)
|
|
·
|
Overhead and other expenses for providing services and benefits and sales and marketing expenses, including compensation paid in connection with the sale of the Policies
|
|
·
|
Other costs of doing business, such as collecting premiums, maintaining records, processing claims, effecting transactions, and paying federal, state and local premium and other taxes and fees
|
|
Risks we assume:
|
·
|
That the charges we may deduct may be insufficient to meet our actual claims because insureds die sooner than we estimate
|
·
|
That the costs of providing the services and benefits under the Policies may exceed the charges we are allowed to deduct
|
The premium expense charge is equal to:
|
·
|
0% of all premium payments in the first year and 3.0% of all premiums you pay thereafter.
|
Each monthly deduction consists of:
|
·
|
The monthly Policy charge for the Policy; plus
|
·
|
The monthly cost of insurance charge for the Policy (including any surcharge associated with flat or table substandard ratings); plus
|
|
·
|
The monthly per unit charge for the Policy; plus
|
|
·
|
The portion of the monthly deductions for any benefits provided by riders attached to the Policy.
|
|
Monthly Policy Charge (for Policies applied for on or after October 30, 2008):
|
||
·
|
This charge currently equals $10.00 each Policy month through attained age 99, and $0 starting at attained age 100. After the first Policy year, we may increase this charge.
|
|
·
|
We guarantee this charge will never be more than $12.00 per month through attained age 99 and will be $0 starting at insured's attained age 100.
|
|
·
|
This charge is used to cover aggregate Policy expenses.
|
Monthly Policy Charge (for Policies applied for before October 30, 2008 and issued before January 1, 2009):
|
|||
·
|
This charge currently equals $8.00 each Policy month through insured's attained age 99, and $0 starting at attained age 100. After the first Policy year, we may increase this charge.
|
||
·
|
We guarantee this charge will never be more than $15.00 per month through attained age 99 and will be $0 starting at insured's attained age 100.
|
||
·
|
This charge is used to cover aggregate Policy expenses.
|
||
Cost of Insurance Charge:
|
|||
We deduct this charge each month. It varies each month and is determined for the Policy as follows:
|
|||
1.
|
Reduce the death benefit on the Monthiversary by the cash value on the Monthiversary after it has been allocated among the layers of specified amount in force in the following order: first, initial specified amount, then, each increase in specified amount starting with the oldest increase, then the next oldest, successively, until all cash value has been allocated (the resulting amounts are the net amount at risk for each layer of specified amount).
|
||
2.
|
Multiply each layer of net amount at risk provided under 1. (above) by the appropriate monthly cost of insurance rate for that layer; and add the results together.
|
||
·
|
The specified amount bands available under the Policy are:
|
||
>
|
Band 1: $100,000- $249,999
|
||
>
|
Band 2: $250,000-$499,999
|
||
>
|
Band 3: $500,000-$999,999
|
||
>
|
Band 4: $1,000,000 or more
|
||
·
|
Cost of insurance rates are based on different guaranteed rates and are not based on specified amount band.
|
||
·
|
The current cost of insurance rates for the first Policy year are fixed at issue and we guarantee not to change them.
|
Monthly Per Unit Charge:
|
|||
This charge equals:
|
|||
>
|
The monthly per unit charge for the specified amount on the Policy date; plus
|
||
>
|
The monthly per unit charge for any in-force riders on the Policy that have a monthly per unit charge; plus
|
||
>
|
The monthly per unit charge for each increase in specified amount; minus
|
||
>
|
The monthly per unit charge for any specified amount that has been decreased.
|
||
·
|
Currently we deduct this charge each month during the first 8 years from the Policy date, and 8 years following the date of any increase in specified amount.
|
||
·
|
The monthly per unit charge that is set on the Policy date is based on the issue age of the insured and the applicable specified amount rate band then in effect.
|
||
·
|
The guaranteed duration of this charge is to attained age 100. The rate of the monthly per unit charge applied under your Policy depends on the application date and/or issue date of your Policy.
|
||
·
|
Each month the applicable specified amount rate band then in effect is used to determine the rate at which the monthly per unit charge will be calculated for each layer of specified amount in force on the Policy.
|
||
Optional Insurance Riders:
|
|||
·
|
The monthly deductions will include charges for any optional insurance benefits you add to your Policy by rider.
|
· The value of each subaccount; multiplied by
· The daily pro rata portion of the annual mortality and expense risk charge rate of up to 0.75%.
|
·
|
For purposes of assessing the transfer charge, all transfers made in one day, regardless of the number of subaccounts affected by the transfer, will be considered a single transfer.
|
·
|
We deduct the transfer charge from the amount being transferred.
|
·
|
Transfers resulting from loans, the exercise of conversion rights, or the reallocation of cash value immediately after the reallocation date, currently are not treated as transfers for the purpose of assessing this charge.
|
·
|
Transfers via the Internet are not treated as transfers for the purpose of assessing this charge.
|
·
|
Transfers among the ProFunds and/or Access Trust subaccounts are not treated as transfers for the purpose of assessing this charge.
|
·
|
Transfers under dollar cost averaging and asset rebalancing are not treated as transfers for the purpose of assessing this charge.
|
·
|
Living Benefit Rider. If the rider is exercised, we reduce the single sum benefit by a discount factor to compensate us for income lost due to the early payment of the death benefit. The discount factor is based on the current yield on 90-day U.S. Treasury bills or the Policy loan interest rate, whichever is greater. For a complete description of the Living Benefit Rider, please refer to the section entitled "Living Benefit Rider (an Accelerated Death Benefit)" in this prospectus.
|
·
|
Disability Waiver of Monthly Deductions Rider. We assess a rider charge based on the insured's issue age, sex and net amount at risk for the Policy, as well as a charge based on those riders that would be eligible to have monthly deductions waived.
|
·
|
Disability Waiver of Premium Rider. The charge for this rider is based on the insured's issue age, sex and the amount of monthly waiver of premium benefit that would be paid in the event of total disability, as defined in the rider.
|
Incoming Payments to Transamerica Premier and TCI
|
|||
Fund
|
Maximum Fee
% of assets*
|
Fund
|
Maximum Fee
% of assets*
|
Transamerica Series Trust **
|
--
|
Fidelity Variable Insurance Products Funds
|
0.39%***
|
ProFunds
|
0.50%
|
Access One Trust
|
0.50%
|
AllianceBernstein
|
0.25%
|
Franklin Templeton
|
0.35%
|
·
|
To designate or change beneficiaries before the death of the insured.
|
·
|
To receive amounts payable before the death of the insured.
|
·
|
To assign the Policy (If you assign the Policy, your rights and the rights of anyone who is to receive payment under the Policy are subject to the terms of that assignment.)
|
·
|
To change the owner of the Policy.
|
·
|
To change the specified amount or death benefit option type of the Policy.
|
·
|
To make the Policy or the separate account comply with any law or regulation issued by a governmental agency to which we are subject; or
|
·
|
To assure qualification of the Policy as a life insurance contract under the Internal Revenue Code or to meet applicable requirements of federal or state laws relating to variable life policies; or
|
·
|
To reflect a change in the operation of the separate account; or
|
·
|
To provide additional subaccounts and/or fixed account options.
|
·
|
The date of your application; or
|
·
|
The date the insured completes all of the medical tests and examinations that we require.
|
The aggregate amount of conditional
insurance coverage, if any, is the lesser of:
|
·
|
The amounts applied for under all Conditional
Receipts issued by us; or
|
|
·
|
$500,000 of life insurance.
|
||
Subject to the conditions and limitations of the Conditional Receipt, conditional insurance under the terms of the Policy applied for may become effective as of the later of:
|
·
|
The date of application; or
|
|
●
|
The date of the last medical examination, test, and other screenings required by us, if any (the "Effective
Date"). Such conditional insurance will take effect as
of the Effective Date, as long as all of the following
requirements are met:
|
||
1.
|
The person proposed to be insured is found to have been insurable as of the Effective Date, exactly as applied for in accordance with our underwriting rules and standards, without any modifications as to plan, amount, or premium rate.
|
||
2.
|
As of the Effective Date, all statements and answers given in the application must be true.
|
||
3.
|
The payment made with the application must not be less than the full initial premium for the mode of payment chosen in the application and must be received at our mailing address within the lifetime of the proposed insured.
|
||
4.
|
All medical examinations, tests, and other screenings required of the proposed insured by us are completed and the results received at our mailing address within 60 days of the date the application was signed.
|
||
5.
|
All parts of the application, any supplemental application, questionnaires, addendum and/or amendment to the application are signed and received, in good order, at our mailing address.
|
Any conditional life insurance coverage terminates on the earliest of:
|
Ÿ
|
60 days from the date the application was signed.
|
|
Ÿ
|
The date we either mail notice to the applicant of the rejection of the application and/or mail a refund of any amounts paid with the application.
|
||
Ÿ
|
When the insurance applied for goes into effect under the terms of the Policy that you applied for.
|
||
Ÿ
|
The date we offer to provide insurance on terms that differ from the insurance for which you have applied.
|
||
Special limitations of the Conditional Receipt:
|
Ÿ
|
The Conditional Receipt is not valid unless:
|
|
1.
|
All blanks in the Conditional Receipt are completed.
|
||
2.
|
The receipt is signed by an authorized Company representative.
|
||
Other limitations:
|
Ÿ
|
There is no Conditional Receipt coverage for riders or any additional benefits, if any, for which you may have applied.
|
|
Ÿ
|
If one or more of the receipt's conditions have not been met exactly, or if a proposed insured dies by suicide, we will not be liable except to return any payment made with the application.
|
||
Ÿ
|
If we do not approve and accept the application within 60 days of the date you signed the application, the application will be deemed to be rejected by us and there will be no conditional insurance coverage. In that case, Transamerica Premier's liability will be limited to returning any payment(s) you have made upon return of this receipt to us.
|
1.
|
The replaced policy has been surrendered and the surrender proceeds thereafter received by the Company are themselves sufficient to place the Policy in force; or
|
2.
|
If, in addition to the surrender of the replaced policy from the existing issuer, premium is paid during the proposed insured's lifetime (either with the application for the Policy or thereafter if permitted by the Company in writing) and if such premium together with any surrender proceeds thereafter received, are sufficient to place the Policy in force.
|
Transaction Type:
|
Priced when received at our:
|
P ayment by C heck
|
M ailing A ddress, unless a different address appears on your B illing C oupon
|
T ransfer R equest
|
A dministrative O ffice
|
P ayment by W ire T ransfer
|
A dministrative O ffice
|
E lectronic C redit and D ebit T ransactions (e.g., payments through direct deposit, debit transfers, and forms of e-commerce payments)
|
A dministrative O ffice
|
·
|
We will not accept any further premium payments.
|
·
|
We will no longer deduct the monthly deductions.
|
·
|
We will continue to deduct the mortality and expense risk charge, if any.
|
·
|
Interest will continue to accrue on any Policy loans, as before, and all loans, new and existing, are considered preferred loans.
|
·
|
We will continue to accept Policy loan repayments and loan interest payments.
|
·
|
We will continue to permit Policy loans and withdrawals to be made.
|
·
|
Allocation percentages must be in whole numbers.
|
·
|
If you select dollar cost averaging, we may require you to have a minimum of $5,000 in each subaccount from which we will make transfers and you may be required to transfer at least a total of $100 monthly.
|
·
|
If you select asset rebalancing, the cash value of your Policy ( if an existing Policy ) or your minimum initial premium ( if a new Policy ) must be at least $5,000.
|
·
|
Unless otherwise required by state law, we may restrict your allocations to the fixed account if the fixed account value, excluding amounts in the loan reserve, following the allocation would exceed $250,000. (This restriction does not apply to any transfer to the fixed account necessary in the exercise of conversion rights.)
|
·
|
Your Policy may be limited to a cumulative transfer out of the fixed account each Policy year of the greater of 25% of the amount in the fixed account, or the amount transferred out of the fixed account in the previous Policy year. However, the transfer may not be greater than the unloaned portion of the fixed account on that date. See "Fixed Account Transfers."
|
·
|
Currently we do not, but reserve the right to, limit the amount of and the number of transfers out of the fixed account to one per Policy year. If we modify or stop our current practices, we will notify you at the time of your transfer.
|
·
|
Unless otherwise required by state law, we may restrict transfers to the fixed account, if the fixed account value, excluding amounts in the loan reserve account, following the transfer would exceed $250,000. This restriction does not apply to any transfer to the fixed account necessary in the exercise of conversion rights.
|
·
|
You may request transfers in writing to our mailing address (in a form we accept), or by fax or by telephone to our administrative office, or electronically through our website (www.premier.transamerica.com). Please Note: Certain subaccounts have similar names. It is important that you state or write the full name of the subaccount when making a transfer request to ensure that any transfer request that you submit is in good order.
|
·
|
There is no minimum amount that must be transferred.
|
·
|
There is no minimum amount that must remain in a subaccount after a transfer.
|
·
|
Except as listed below, we may deduct a $25 charge from the amount transferred for each transfer in excess of 12 transfers in a Policy year:
|
1. We consider all transfers made in any one day to be a single transfer.
|
|
2. Transfers resulting from loans or the exercise of conversion rights, or due to reallocation of cash value immediately after the reallocation date, are currently not treated as transfers for the purpose of assessing the transfer charge.
|
|
3. Transfers via the Internet are not treated as transfers for the purpose of assessing the transfer charge.
|
|
4. Transfers among the ProFunds and/or Access Trust subaccounts are not treated as transfers for the purpose of assessing the transfer charge.
|
|
5. Transfers under dollar cost averaging and asset rebalancing currently are not treated as transfers for the purpose of assessing the transfer charge.
|
1.
|
Dilution of the interests of long-term investors in a subaccount if purchases or transfers into or out of an underlying fund portfolio are made at prices that do not reflect an accurate value for the underlying fund portfolio's investments (some market timers attempt to do this through methods known as "time-zone arbitrage" and "liquidity arbitrage");
|
2.
|
An adverse effect on portfolio management, such as (a) impeding a portfolio manager's ability to sustain an investment objective; (b) causing the underlying fund portfolio to maintain a higher level of cash than would otherwise be the case; or (c) causing an underlying fund portfolio to liquidate investments prematurely (or otherwise at an inopportune time) in order to pay withdrawals or transfers out of the underlying fund portfolio; and
|
3.
|
Increased brokerage and administrative expenses.
|
·
|
impose redemption fees on transfers; or
|
·
|
expressly limit the number or size of transfers in a given period except for certain subaccounts where an underlying fund portfolio has advised us to prohibit certain transfers that exceed a certain size; or
|
·
|
provide a certain number of allowable transfers in a given period.
|
·
|
We will employ reasonable procedures to confirm that instructions are genuine.
|
·
|
If we follow these procedures, we are not liable for any loss, damage, cost or expense from complying with instructions we reasonably believe to be authentic. You bear the risk of any such loss.
|
·
|
If we do not employ reasonable confirmation procedures, we may be liable for losses due to unauthorized or fraudulent instructions.
|
·
|
Such procedures may include requiring forms of personal identification prior to acting upon telephone instructions, providing written confirmation of transactions to owners, and/or tape recording telephone instructions received from owners.
|
·
|
We may also require that you send us the telephone, Internet or fax transfer order in writing.
|
·
|
If you do not want the ability to make telephone or Internet transfers, you should notify us in writing at our mailing address or through our fax number (1-727-299-1620).
|
·
|
We will not be responsible for same-day processing of transfers if the transfer order is faxed to a number other than 1-727-299-1648 or 1-727‑299‑1620.
|
·
|
We will not be responsible for any transmittal problems when you fax us your order unless you report it to us within five business days and send us proof of your fax transmittal. We may discontinue this option at any time.
|
>
|
25% of the amount in the fixed account; or
|
>
|
The amount you transferred from the fixed account in the immediately preceding Policy year.
|
To start dollar cost averaging:
|
·
|
You must submit to us in good order, in writing to our mailing address (or by facsimile to our administrative office) a completed form signed by the owner requesting dollar cost averaging.
|
·
|
You may be required to have at least $5,000 in each subaccount or the fixed account from which we will make transfers.
|
|
·
|
Your total transfers each month under dollar cost averaging may be limited to a minimum of $100.
|
Dollar cost averaging will terminate if any of the following occur:
|
·
|
We receive, in good order, at our mailing address (or by telephone or facsimile at our administrative office) a request to discontinue participation from you or your authorized representative.
|
·
|
The value in the accounts from which we make the transfers is depleted.
|
|
·
|
You elect to participate in the asset rebalancing program.
|
|
·
|
You elect to participate in any asset allocation services provided by a third party.
|
To start asset rebalancing:
|
·
|
You must submit to us, in good order, in writing to our mailing address (or by facsimile to our administrative office) a completed asset rebalancing request form signed by the owner.
|
·
|
You may be required to have a minimum cash value of $5,000 or make a $5,000 initial premium payment.
|
Asset rebalancing will cease if:
|
·
|
You elect to participate in the dollar cost averaging program.
|
·
|
We receive, in good order, at our mailing address or by facsimile (at our administrative office) a request to discontinue participation from you or your authorized representative.
|
|
·
|
You make any transfer to or from any subaccount other than under a scheduled rebalancing.
|
|
·
|
You elect to participate in any asset allocation services provided by a third party.
|
·
|
Limitations that we may impose on your authorized representative or investment advisor under the terms of the administrative agreement do not apply to financial transactions requested by an owner on the owner's own behalf, except as otherwise described in this prospectus. Any third party asset allocation service may be terminated at any time by the owner or by the third party service by sending written instruction to our mailing address.
|
·
|
The practices and procedures described above do not apply to any asset allocation portfolios that are available as investment options under the Policy.
|
·
|
Is determined on the Policy date and on each valuation date.
|
·
|
Equals the sum of all amounts invested in each subaccount and the fixed account, including any amounts held in the loan reserve account (part of the fixed account) to secure any outstanding Policy loan.
|
·
|
Serves as the starting point for calculating values under a Policy.
|
·
|
Varies from day to day, depending on the investment experience of the subaccounts you choose, the interest credited to the fixed account, the charges deducted and any other Policy transactions (such as additional premium payments, transfers, withdrawals and Policy loans).
|
·
|
Has no guaranteed minimum amount and may be more or less than premiums paid.
|
Net surrender value on any valuation date equals:
|
·
|
The cash value as of such date; minus
|
·
|
Any outstanding Policy loan amount including any
accrued Policy loan interest.
Policy loan interest.; minus
|
The number of units in any subaccount on any valuation date equals:
|
·
|
The initial units purchased at unit value on the Policy date, or reallocation date, if different; plus
|
·
|
Units purchased with additional net premium(s); plus
|
|
·
|
Units purchased due to a loan repayment; plus
|
|
·
|
Units purchased through transfers from another subaccount or the fixed account; minus
|
|
·
|
Units redeemed to pay for monthly deductions; minus
|
|
·
|
Units redeemed to pay for cash withdrawals; minus
|
|
·
|
Units redeemed as part of a transfer to another subaccount, or the fixed account (including the loan reserve account);minus
|
|
·
|
Units redeemed to pay cash withdrawal and transfer charges; minus
|
|
·
|
Units redeemed due to any refund of premiums allocated to that subaccount.
|
The unit value of any subaccount at the end of a valuation period is calculated as:
|
·
|
The total value of the portfolio shares held in the subaccount, including the value of any dividends or capital gains distribution declared and reinvested by the portfolio during the valuation period. This value is determined by multiplying the number of portfolio shares owned by the subaccount by the portfolio's net asset value per share determined at the end of the valuation period; minus
|
·
|
A charge equal to the daily net assets of the subaccount multiplied by the daily equivalent of the mortality and expense risk charge; minus
|
|
·
|
The accrued amount of reserve for any taxes or other economic burden resulting from applying tax laws that we determine to be properly attributable to the subaccount; and the result divided by
|
|
·
|
The number of outstanding units in the subaccount before the purchase or redemption of any units on that date.
|
The fixed account value at the end of any valuation period is equal to:
|
·
|
The sum of net premiums allocated to the fixed account; plus
|
·
|
Any amounts transferred from a subaccount to the fixed account (including amounts transferred to the loan reserve account); plus
|
|
·
|
Total interest credited to the fixed account; minus
|
|
·
|
Amounts charged to pay for monthly deductions; minus
|
|
·
|
Amounts withdrawn or surrendered from the fixed account to pay for cash withdrawals or transfers or other fees and charges; minus
|
|
·
|
Amounts transferred from the fixed account (including amounts transferred from the loan reserve account) to a subaccount; minus
|
|
·
|
Any refund of premiums allocated to the fixed account.
|
The death benefit is equal to:
|
·
|
The amount determined based on the death benefit option that you select (described below); minus
|
·
|
Any outstanding loan amount including any accrued loan interest; plus
|
|
·
|
Any monthly deductions due during the grace period (if applicable); plus
|
|
·
|
Any additional insurance in force provided by rider.
|
The death benefit equals the greatest of:
|
1.
|
The specified amount; or
|
2.
|
A specified percentage called the "limitation percentage," as shown on your Policy's schedule page, multiplied by the cash value on the insured's date of death; or
|
|
3.
|
The amount required for the Policy to qualify as a life insurance policy under Section 7702 of the Internal Revenue Code.
|
The death benefit equals the greatest of:
|
1.
|
The specified amount; or
|
2.
|
A specified percentage called the "limitation percentage," as shown on your Policy's schedule page, multiplied by the difference of the cash value on the date of the insured's death and any applicable net single premium for riders that are qualified additional benefits(not applicable for this product); or
|
|
3.
|
The amount required for the Policy to qualify as a life insurance policy under Section 7702 of the Internal Revenue Code.
|
The death benefit equals the greatest of:
|
1.
|
The specified amount, plus
the cash value on the insured's date of death; or
|
2.
|
The limitation percentage, as shown on your Policy's schedule page, multiplied by the cash value on the primary insured's date of death; or
|
|
3.
|
The amount required for the Policy to qualify as a life insurance policy under Section 7702 of the Internal Revenue Code.
|
The death benefit equals the greatest of:
|
1.
|
The specified amount, plus the cash value on the insured's date of death; or
|
2.
|
A specified percentage called the "limitation percentage," as shown on your Policy's schedule page, multiplied by the difference between the cash value on the date of the insured's death and any applicable net single premium for riders that are qualified additional benefits (not applicable for this product); or
|
|
3.
|
The amount required for the Policy to qualify as a life insurance policy under Section 7702 of the Internal Revenue Code.
|
(a)
|
First by the most recent increase;
|
(b)
|
Followed by the next most recent increases successively; and
|
(c)
|
Followed by the amount specified in the original application.
|
Conditions for and impact of decreasing the specified amount:
|
·
|
You must send your written request to our mailing address or fax it to us at 1-727-299-1620.
|
|
||
·
|
Decreases are only allowed after the third Policy year.
|
|
·
|
You may not decrease your specified amount if it would disqualify your Policy as life insurance under the Internal Revenue Code.
|
|
·
|
Until the Policy anniversary on or following the insured's 65th birthday, we may limit the amount of decrease to no more than 20% of the then specified amount. We also allow a one-time decrease of 50% at any point after the seventh Policy year.
|
|
·
|
A decrease in specified amount will take effect on the first Monthiversary on or next following the day we receive your written request, in good order, at our mailing address.
|
|
·
|
You may not decrease and increase your specified amount in the same Policy year.
|
|
·
|
If a decrease to your Policy's specified amount causes your specified amount band to change, then we will apply the cost of insurance rates and monthly per unit charge to the amounts in the new band as of the effective date of the decrease in specified amount.
|
Conditions for and impact of increasing the specified amount:
|
·
|
We will accept requests for increases in specified amount on any Monthiversary before the insured's 86th birthday.
|
·
|
Your request, in good order, must be applied for through a supplemental application and must include evidence of insurability satisfactory to us.
|
|
·
|
A requested increase in specified amount requires our approval and will take effect on the Monthiversary on or after the day we approve your request.
|
|
·
|
We may require your requested increase in specified amount to be at least $10,000.
|
|
·
|
You may not decrease and increase your specified amount in the same Policy year.
|
|
·
|
If an increase to your Policy's specified amount causes your specified amount band to change, then we will apply the cost of insurance rates and monthly per unit charge to the amounts in the new band as of the effective date of the increase in specified amount.
|
Cash withdrawal conditions:
|
·
|
You must send your written cash withdrawal request with an original signature, in good order, to our mailing address. If your withdrawal request is less than $500,000, then you may fax it to us at 1-727-299-1620.
|
·
|
During the first 5 Policy years, the amount of the withdrawal may be limited to no less than $500 and to no more than 10% of the net surrender value. After the 5th Policy year, the amount of a withdrawal may be limited to no less than $500 and to no more than the net surrender value, less $500.
|
|
·
|
You may not take a cash withdrawal if it will reduce the specified amount below the minimum specified amount set forth in the Policy.
|
|
·
|
You may specify the subaccount(s) and the fixed account from which to make the withdrawal. If you do not specify an account, we will take the withdrawal from each account in accordance with your current premium allocation instructions. If this is not possible, the withdrawn amount will be withdrawn pro-rata from all accounts.
|
|
·
|
We generally will pay a cash withdrawal request within seven days following the valuation date we receive the request, in good order, at our mailing address.
|
|
·
|
A withdrawal from the Transamerica Government Money Market VP portfolio or the ProFund VP Government Money Market fund may be subject to a redemption fee.
|
|
·
|
You may not take a cash withdrawal that would disqualify your Policy as life insurance under the Internal Revenue Code.
|
|
·
|
A cash withdrawal may have tax consequences.
|
·
|
The difference between the premiums paid and the amounts allocated to any accounts under the Policy on the date the written request and Policy are received, in good order, at our mailing address (or a fax request and page 3 of the Policy are received at our administrative Office); plus
|
·
|
The total amounts of monthly deductions made and any other charges imposed on amounts allocated to the accounts; plus
|
·
|
The value of the amounts allocated to the accounts on the date we or our agent received the returned Policy.
|
·
|
On your application.
|
·
|
In writing any time before the end of the 30-day free look period.
|
·
|
All requests for disbursements (i.e., cash withdrawals and surrenders) of $500,000 or more.
|
·
|
Any disbursement request made on or within 10 days of our receipt of a request to change the address of record for an owner's Policy.
|
·
|
Any disbursement request when Transamerica Premier has been directed to send proceeds to a different address from the address of record for that owner's account. Please Note: This requirement will not apply to disbursement requests made in connection with exchanges of one annuity policy for another with the same owner in a "tax-free exchange" under Section 1035 of the Internal Revenue Code.
|
·
|
Any financial transaction where the owner's signature on a request submitted does not match the signature in our files.
|
·
|
National and state banks
|
·
|
Savings banks and savings and loan associations
|
·
|
Securities brokers and dealers
|
·
|
Credit unions
|
Policy loans are subject to
|
·
|
We may require you to borrow at least $500.
|
certain conditions:
|
·
|
The maximum amount you may borrow is 90% of the net surrender value, minus loan interest that will accrue prior to the next Policy anniversary.
|
·
|
Submit a written application for reinstatement, in good order, to our mailing address or fax your request to our administrative office at 1-727-299-1620. (If you send your request by fax, be sure to use the correct fax number.)
|
·
|
Submit the insured's written consent to reinstate.
|
·
|
Provide evidence of insurability satisfactory to us that the insured continues to qualify for the same underwriting class and any substandard rating upon which we based issuance of the Policy.
|
·
|
Provide a net premium that will cover:
1.Any uncollected Monthly Deductions due up to the time of Termination, plus
2.Two Monthly Deductions due in advance at the time of reinstatement.
|
·
|
All distributions other than death benefits from a MEC, including distributions upon surrender and cash withdrawals, will be treated first as distributions of gain taxable as ordinary income. They will be treated as tax free recovery of the owner's investment in the Policy only after all gain has been distributed. Your investment in the Policy is generally your total premium payments. When a distribution is taken from the Policy, your investment in the Policy is reduced by the amount of the distribution that is tax free.
|
·
|
Loans taken from or secured by (e.g., by assignment) or pledges of such a Policy and increases in cash value secured by such loan pledge are treated as distributions and taxed accordingly. If the Policy is part of a collateral assignment split dollar arrangement, the initial assignment as well as increases in cash value during the assignment may be treated as distributions and considered taxable.
|
·
|
A 10% additional federal income tax is imposed on the amount included in income except where the distribution or loan is made when you have reached age 59½ or are disabled, or where the distribution is part of a series of substantially equal periodic payments for your life (or life expectancy) or the joint lives (or joint life expectancies) of you and the beneficiary.
|
·
|
If a Policy becomes a MEC, distributions that occur during the Policy year will be taxed as distributions from a MEC. In addition, the IRS has the authority, but has not yet done so, to issue regulations providing that distributions that are made within two years before the Policy becomes a MEC will also be taxed in this manner.
|
·
|
Foreign Account Tax Compliance Act ("FATCA"). The discussion above provides general information regarding U.S. federal income tax consequences to life and annuity purchasers that are U.S. citizens or residents. Purchasers that are not U.S. citizens or residents will generally be subject to U.S. federal withholding tax on taxable distributions from life policies and annuity contracts at a 30% rate, unless a lower treaty rate applies. In addition, such purchasers may be subject to state and/or municipal taxes and taxes that may be imposed by the purchaser's country of citizenship or residence. Additional documentation may be required with respect to entity purchasers (including foreign corporations, partnerships, and trusts) that are not U.S. residents, and additional withholding may be imposed if such documentation is not provided. Prospective purchasers are advised to consult with a qualified tax adviser regarding U.S., state, and foreign taxation with respect to a life policy or an annuity contract purchase.
|
·
|
In 2001, Congress enacted the Economic Growth and Tax Relief Reconciliation Act of 2001 ("EGTRRA"), which modified the estate, gift and generation-skipping transfer taxes through 2009 and eliminated the estate tax (but not the gift tax) and replaced it with a carryover basis income tax regime for estates of decedents dying in 2010, and also eliminated the generation-skipping transfer tax for transfers made in 2010. The 2010 Taxpayer Relief Act generally extended the EGTRRA provisions existing in 2009 and reunified the estate and gift transfer taxes for 2011 and 2012. The American Taxpayer Relief Act of 2012 made permanent certain of the changes to the estate, gift and generation-skipping transfer taxes. This recent history of changes in these important tax provisions underscores the importance of seeking guidance from a qualified advisor to help ensure that your estate plan adequately addresses possible transfer taxation of the Policy and its benefits in light of your needs and those of your beneficiaries under all possible scenarios.
|
·
|
The amount of the surrender on the surrender date or death benefit proceeds on the insured's date of death.
|
·
|
The interest rate we credit on those amounts (we guarantee a minimum annual interest rate of 2.0%).
|
·
|
The mortality tables we use.
|
·
|
The specific payment option(s) you choose.
|
Option 1--Equal Monthly
Installments for a Fixed Period
|
·
|
We will pay the proceeds, plus interest, in equal
monthly installments for a fixed period of your choice, but not longer than 240 months.
|
|
·
|
We will stop making payments once we have made all the payments for the period selected.
|
||
Option 2--Equal Monthly Installments for Life (Life Income)
|
At your or the beneficiary's direction, we will make equal monthly installments:
|
||
·
|
Only for the life of the payee, at the end of which payments will end; or
|
||
·
|
For the longer of the payee's life, or for 10 years if the payee dies before the end of the first 10 years of payments; or
|
||
·
|
For the longer of the payee's life, or until the total amount of all payments we have made equals the proceeds that were applied to the settlement option.
|
||
Option 3--Equal Monthly Installments for the Life of the Payee and then to a Designated Survivor (Joint and Survivor)
|
·
|
We will make equal monthly payments during the joint lifetime of two persons, first to a chosen payee, and then to a co-payee, if living, upon the death of the payee.
|
|
·
|
Payments to the co-payee, if living, upon the payee's death will equal either:
|
||
>
|
the full amount paid to the payee before the payee's death; or
|
||
>
|
two-thirds of the amount paid to the payee before the payee's death.
|
||
·
|
All payments will cease upon the death of the co‑payee.
|
·
|
The NYSE is closed, other than customary weekend and holiday closing s , or trading on the NYSE is restricted .
|
·
|
The SEC permits, by an order, the postponement for the protection of policyowners.
|
·
|
The SEC determines that an emergency exists that would make the disposal of securities held in the separate account or the determination of their value not reasonably practicable.
|
·
|
The date the Policy lapses.
|
·
|
The date we receive your written request to surrender or terminate; or
|
·
|
The date of the insured's death.
|
·
|
The insured is totally disabled;
|
·
|
The insured's total disability began before the Policy anniversary on or following the insured's 60th birthday; and
|
·
|
The insured's total disability has existed continuously for at least six months.
|
The rider will terminate on the earliest of: |
·
|
The Policy anniversary on or following the insured's 60th birthday, unless the insured is totally disabled.
|
·
|
The date of recovery from disability (with respect to benefits accruing during the continuance of an existing total disability after the Policy anniversary on or following the insured's 60th birthday).
|
|
·
|
The date the Policy terminates.
|
|
·
|
The Monthiversary when this rider is terminated upon the owner's written request.
|
·
|
The insured is totally disabled.
|
·
|
The insured became totally disabled before the Policy anniversary on or following the insured's 60th birthday.
|
·
|
The insured's total disability has existed continuously for at least six months.
|
Termination of the rider: |
The rider will terminate on the earliest of: |
·
|
The Policy anniversary on or following the insured's 60th birthday, unless the insured is totally disabled; or
|
·
|
The later of the date of recovery from disability or the Policy anniversary on or following the insured's 100th birthday (with respect to benefits accruing during the continuance of an existing total disability after the Policy anniversary on or following the insured's 60th birthday); or
|
|
·
|
The date the Policy terminates; or
|
|
·
|
The Monthiversary when this rider terminates upon the owner's written request.
|
·
|
The death benefit on the date we pay the single-sum benefit; multiplied by
|
·
|
The percentage of the death benefit you elected to receive ("election percentage"); divided by
|
·
|
1 + i ("i" equals the current yield on 90‑day U.S. Treasury bills or the Policy loan interest rate (currently, 2.75%) , whichever is greater) ("discount factor"); minus
|
·
|
Any indebtedness at the time we pay the single-sum benefit, multiplied by the election percentage.
|
·
|
The date the Policy terminates.
|
·
|
The date a settlement option takes effect.
|
·
|
The date we pay a single-sum benefit.
|
·
|
The date you terminate the rider.
|
accounts
|
The options to which you can allocate your money. The accounts include the fixed account and the subaccounts in the separate account.
|
administrative office
|
Our administrative office address is 570 Carillon Parkway, St. Petersburg, Florida, 33716 -1294 . Our phone number is 1-800-851-9777; our facsimile numbers are 1-727-299-1648 (subaccount transfers only); and 1-727-299-1620 (for all other requests). Our administrative office serves as the recipient of all website (www.premier.transamerica.com), telephonic and facsimile transactions, including, but not limited to transfer requests and premium payments made by wire transfer and through electronic credit and debit transactions (e.g., payments through direct deposit, debit transfers, and forms of e-commerce payments). Our hours are Monday – Friday from 8:30 a.m. – 7:00 p.m. Eastern time. Please do not send any checks, claims, correspondence or notices to this office; send them to the mailing address.
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attained age
|
The issue age of the person insured, plus the number of completed years since the Policy date (for the initial specified amount) or the date of each increase in specified amount.
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beneficiary(ies)
|
The person or persons you select to receive the death benefit proceeds from the Policy. You name the primary beneficiary and contingent beneficiary(ies).
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cash value
|
At the end of any valuation period, the sum of your Policy's value in the subaccounts and the fixed account. If there is a Policy loan outstanding, then the cash value includes any amounts held in our fixed account to secure the Policy loan.
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death benefit proceeds
|
The amount we will pay to the beneficiary(ies) on the insured's death. The death benefit proceeds are reduced by any outstanding loan amount, including accrued interest and, if the insured dies during the grace period, any charges that are due and unpaid.
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face amount
|
The dollar amount of coverage stated in any rider that you may add to your Policy.
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fixed account
|
An allocation option other than the separate account to which you may allocate net premiums and cash value. We guarantee that any amounts you allocate to the fixed account will earn interest at a declared rate. The fixed account is part of our general account. The fixed account is not available to you if your Policy was issued in the State of New Jersey.
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free look period
|
The period during which you may return the Policy and receive a refund as described in the prospectus. The length of the free look period varies by state. The free look period is listed in the Policy.
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funds
|
Investment companies which are registered with the U.S. Securities and Exchange Commission. The Policy allows you to invest in the portfolios of the funds through our subaccounts.
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lapse
|
When life insurance coverage ends and the Policy terminates because you do not have enough net surrender value in the Policy to pay the monthly deductions and any outstanding loan amount, including accrued loan interest, and you have not made a sufficient payment by the end of a grace period.
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loan reserve account
|
A part of the fixed account to which amounts are transferred as collateral for Policy loans.
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mailing address
|
Our mailing address is 4333 Edgewood Road, N.E., Cedar Rapids, Iowa, 52499 -0001 . All premium payments and loan repayments made by check, and all claims, correspondence and notices must be sent to this address.
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maximum fixed account value
|
The maximum amount that may be allocated to the fixed account at any time without prior approval is the amount that would cause the fixed account to be $250,000, exclusive of loan reserve requirements. (This restriction does not apply to transfers to the fixed account necessary in the exercise of conversion rights).
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Monthiversary
|
This is the day of each month when we determine Policy charges and deduct them from cash value. It is the same date each month as the Policy date. If there is no valuation date in the calendar month that coincides with the Policy date, the Monthiversary is the next valuation date.
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monthly deductions
|
The monthly Policy charge, plus the monthly cost of insurance, plus the monthly per unit charge, plus the monthly charge for any riders added to the Policy, all of which are deducted from the Policy's cash value on each Monthiversary.
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mortality and expense risk charge
|
This charge is a daily deduction from each subaccount that is taken before determining the unit value of that subaccount.
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net premium
|
The part of your premium that we allocate to the fixed account or the subaccounts. The net premium is equal to the premium you paid minus the premium expense charge.
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net surrender value
|
The amount we will pay you if you surrender the Policy while it is in force. The net surrender value on the date you surrender is equal to: the cash value, minus any outstanding loan amount, and minus any accrued loan interest as of such date.
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NYSE
|
The New York Stock Exchange.
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planned periodic premium
|
A premium payment you make in a level amount at a fixed interval over a specified period of time.
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Policy
|
The Transamerica® Xcelerator Exec variable life insurance policy without any supplemental riders (benefits).
|
Policy date
|
The date generally when our underwriting process is complete, full life insurance coverage goes into effect, the initial premium payment has been received, and we begin to take the monthly deductions. The Policy date is shown on the schedule pages of your Policy. If you request, we may backdate a Policy by assigning a Policy date earlier than the date the Policy is issued. We measure Policy months, years, and anniversaries from the Policy date.
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portfolio
|
One of the separate investment portfolios of a fund.
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premium expense charge
|
The charge that is deducted from each premium payment before determining the net premium that will be credited to the cash value.
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premiums
|
All payments you make under the Policy other than loan repayments.
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reallocation account
|
That portion of the fixed account where we hold the net premium(s) from the record date until the reallocation date.
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reallocation date
|
The date we reallocate all cash value held in the reallocation account to the fixed account and/or subaccounts you selected on your application. We place your net premium in the reallocation account only if your state requires us to return the full premium in the event you exercise your free look right. In those states that require us to return all premiums paid for the Policy in the event you exercise your free look right, we set the reallocation date to coincide with the free look period that is applicable to your Policy plus a margin of five days for Policy delivery. In all other states, the reallocation date is the policy date or the record date.
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record date
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The date we record your Policy on our books and your Policy is issued. The record date is generally the Policy date, unless the Policy is backdated.
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separate account
|
The WRL Series Life Account. It is a separate investment account that is divided into subaccounts. We established the separate account to receive and invest net premiums under the Policy and other variable life insurance policies we issue.
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specified amount
(may be referred to as "face amount" in riders)
|
The initial specified amount of life insurance that you have selected shown on the Policy's schedule pages that you receive when the Policy is issued. The specified amount in force is the initial specified amount, adjusted for any increases or decreases in the Policy's specified amount. Other events such as a change in death benefit option or a cash withdrawal (if you choose Option A) may also affect the specified amount in force.
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subaccount
|
A subdivision of the separate account that invests exclusively in shares of one investment portfolio of a fund.
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termination
|
When the insured's life is no longer insured under the Policy or neither the Policy nor any rider is in force.
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valuation date
|
Each day the New York Stock Exchange is open for normal trading. Transamerica Premier is open for business whenever the New York Stock Exchange is open. Please Note: Any day that Transamerica Premier is open for business, but the New York Stock Exchange is not open for normal trading, is not considered a valuation date.
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valuation period
|
The period of time over which we determine the change in the value of the subaccounts. Each valuation period begins at the close of normal trading on the New York Stock Exchange (usually 4:00 p.m. Eastern time on each valuation date) and ends at the close of normal trading of the New York Stock Exchange on the next valuation date.
|
we, us, our, the Company
(Transamerica Premier)
|
Transamerica Premier Life Insurance Company.
|
written notice
|
The written notice you must sign and send us to request or exercise your rights as owner under the Policy. To be complete and in good order, it must: (1) be in a form we accept, (2) contain the information and documentation that we determine we need to take the action you request, and (3) be received at our mailing address.
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you, your (owner or policyowner)
|
The person entitled to exercise all rights as owner under the Policy.
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Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 1
|
|||||||||||
Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
18
|
0.18
|
0.16
|
0.15
|
0.15
|
0.16
|
0.14
|
0.14
|
0.13
|
0.18
|
0.16
|
0.15
|
0.15
|
19
|
0.19
|
0.17
|
0.16
|
0.16
|
0.16
|
0.15
|
0.14
|
0.14
|
0.19
|
0.17
|
0.16
|
0.16
|
20
|
0.19
|
0.17
|
0.17
|
0.16
|
0.17
|
0.15
|
0.15
|
015.
|
0.19
|
0.17
|
0.17
|
0.16
|
21
|
0.20
|
0.18
|
0.18
|
0.17
|
0.18
|
0.16
|
0.16
|
0.15
|
0.20
|
0.18
|
0.18
|
0.17
|
22
|
0.21
|
0.19
|
0.18
|
0.18
|
0.18
|
0.17
|
0.16
|
0.16
|
0.21
|
0.19
|
0.18
|
0.18
|
23
|
0.22
|
0.20
|
0.19
|
0.18
|
0.19
|
0.17
|
0.17
|
0.16
|
0.22
|
0.20
|
0.19
|
0.18
|
24
|
0.23
|
0.21
|
0.20
|
0.19
|
0.20
|
0.18
|
0.18
|
0.17
|
0.23
|
0.21
|
0.20
|
0.19
|
25
|
0.24
|
0.21
|
0.21
|
0.20
|
0.21
|
0.19
|
0.18
|
0.18
|
0.24
|
0.21
|
0.21
|
0.20
|
26
|
0.25
|
0.22
|
0.21
|
0.21
|
0.21
|
0.19
|
0.19
|
0.18
|
0.25
|
0.22
|
0.21
|
0.21
|
27
|
0.26
|
0.23
|
0.22
|
0.21
|
0.22
|
0.20
|
0.19
|
0.19
|
0.26
|
0.23
|
0.22
|
0.21
|
28
|
0.26
|
0.24
|
0.23
|
0.22
|
0.23
|
0.21
|
0.20
|
0.20
|
0.26
|
0.24
|
0.23
|
0.22
|
29
|
0.27
|
0.24
|
0.23
|
0.23
|
0.24
|
0.21
|
0.21
|
0.20
|
0.27
|
0.24
|
0.23
|
0.23
|
30
|
0.28
|
0.25
|
0.24
|
0.23
|
0.24
|
0.22
|
0.21
|
0.21
|
0.28
|
0.25
|
0.24
|
0.23
|
31
|
0.29
|
0.26
|
0.25
|
0.24
|
0.25
|
0.22
|
0.22
|
0.21
|
0.29
|
0.26
|
0.25
|
0.24
|
32
|
0.30
|
0.27
|
0.26
|
0.25
|
0.26
|
0.23
|
0.23
|
0.22
|
0.30
|
0.27
|
0.26
|
0.25
|
33
|
0.31
|
0.28
|
0.27
|
0.26
|
0.27
|
0.24
|
0.24
|
0.23
|
0.31
|
0.28
|
0.27
|
0.26
|
34
|
0.33
|
0.29
|
0.28
|
0.27
|
0.28
|
0.25
|
0.25
|
0.24
|
0.33
|
0.29
|
0.28
|
0.27
|
35
|
0.35
|
0.31
|
0.30
|
0.29
|
0.30
|
0.26
|
0.26
|
0.25
|
0.35
|
0.31
|
0.30
|
0.29
|
36
|
0.37
|
0.33
|
0.31
|
0.30
|
0.31
|
0.28
|
0.27
|
0.26
|
0.36
|
0.33
|
0.31
|
0.30
|
37
|
0.39
|
0.35
|
0.34
|
0.33
|
0.33
|
0.30
|
0.29
|
0.28
|
0.38
|
0.35
|
0.34
|
0.33
|
38
|
0.42
|
0.37
|
0.36
|
0.35
|
0.35
|
0.32
|
0.30
|
0.30
|
0.41
|
0.37
|
0.35
|
0.35
|
39
|
0.45
|
0.40
|
0.38
|
0.37
|
0.38
|
0.34
|
0.32
|
0.31
|
0.44
|
0.39
|
0.37
|
0.36
|
40
|
0.48
|
0.43
|
0.41
|
0.40
|
0.40
|
0.36
|
0.34
|
0.33
|
0.47
|
0.42
|
0.40
|
0.39
|
41
|
0.51
|
0.45
|
0.44
|
0.42
|
0.42
|
0.38
|
0.36
|
0.35
|
0.50
|
0.44
|
0.43
|
0.41
|
42
|
0.54
|
0.48
|
0.46
|
0.45
|
0.45
|
0.40
|
0.38
|
0.37
|
0.53
|
0.47
|
0.45
|
0.44
|
43
|
0.57
|
0.51
|
0.49
|
0.47
|
0.47
|
0.42
|
0.40
|
0.39
|
0.56
|
0.50
|
0.48
|
0.46
|
44
|
0.60
|
0.53
|
0.51
|
0.50
|
0.50
|
0.44
|
0.42
|
0.42
|
0.59
|
0.52
|
0.50
|
0.49
|
45
|
0.62
|
0.55
|
0.53
|
0.51
|
0.52
|
0.46
|
0.44
|
0.43
|
0.61
|
0.54
|
0.52
|
0.50
|
46
|
0.64
|
0.57
|
0.55
|
0.53
|
0.54
|
0.48
|
0.46
|
0.45
|
0.63
|
0.56
|
0.54
|
0.52
|
47
|
0.65
|
0.58
|
0.56
|
0.54
|
0.56
|
0.50
|
0.48
|
0.47
|
0.64
|
0.57
|
0.55
|
0.53
|
48
|
0.66
|
0.59
|
0.57
|
0.55
|
0.58
|
0.52
|
0.50
|
0.49
|
0.65
|
0.58
|
0.56
|
0.54
|
49
|
0.67
|
0.60
|
0.58
|
0.56
|
0.61
|
0.54
|
0.52
|
0.50
|
0.66
|
0.59
|
0.57
|
0.55
|
50
|
0.68
|
0.61
|
0.58
|
0.57
|
0.63
|
0.56
|
0.54
|
0.52
|
0.68
|
0.61
|
0.58
|
0.57
|
51
|
0.69
|
0.62
|
0.59
|
0.57
|
0.65
|
0.58
|
0.56
|
0.54
|
0.69
|
0.62
|
0.59
|
0.57
|
52
|
0.71
|
0.63
|
0.60
|
0.58
|
0.67
|
0.60
|
0.58
|
0.56
|
0.71
|
0.63
|
0.60
|
0.58
|
53
|
0.73
|
0.65
|
0.62
|
0.60
|
0.70
|
0.62
|
0.60
|
0.58
|
0.73
|
0.65
|
0.62
|
0.60
|
54
|
0.75
|
0.67
|
0.64
|
0.62
|
0.72
|
0.64
|
0.62
|
0.60
|
0.75
|
0.67
|
0.64
|
0.62
|
55
|
0.78
|
0.69
|
0.66
|
0.64
|
0.75
|
0.66
|
0.64
|
0.62
|
0.78
|
0.69
|
0.66
|
0.64
|
56
|
0.82
|
0.72
|
0.69
|
0.67
|
0.77
|
0.68
|
0.66
|
0.64
|
0.82
|
0.72
|
0.69
|
0.67
|
57
|
0.86
|
0.76
|
0.73
|
0.71
|
0.80
|
0.71
|
0.68
|
0.66
|
0.85
|
0.76
|
0.73
|
0.71
|
58
|
0.91
|
0.80
|
0.77
|
0.74
|
0.83
|
0.73
|
0.70
|
0.68
|
0.90
|
0.79
|
0.76
|
0.73
|
59
|
0.96
|
0.84
|
0.81
|
0.78
|
0.85
|
0.75
|
0.72
|
0.70
|
0.95
|
0.83
|
0.80
|
0.77
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 1
|
|||||||||||
Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
60
|
1.02
|
0.89
|
0.85
|
0.83
|
0.88
|
0.77
|
0.75
|
0.72
|
1.01
|
0.88
|
0.84
|
0.82
|
61
|
1.07
|
0.84
|
0.90
|
0.87
|
0.91
|
0.80
|
0.77
|
0.75
|
1.05
|
0.93
|
0.89
|
0.86
|
62
|
1.13
|
0.99
|
0.95
|
0.92
|
0.94
|
0.82
|
0.79
|
0.77
|
1.11
|
0.97
|
0.93
|
0.91
|
63
|
1.19
|
1.04
|
1.00
|
0.97
|
0.98
|
0.85
|
0.82
|
0.80
|
1.17
|
1.02
|
0.98
|
0.95
|
64
|
1.25
|
1.09
|
1.05
|
1.02
|
1.02
|
0.89
|
0.85
|
0.83
|
1.23
|
1.07
|
1.03
|
1.00
|
65
|
1.31
|
1.14
|
1.10
|
1.06
|
1.06
|
0.93
|
0.89
|
0.86
|
1.29
|
1.12
|
1.08
|
1.04
|
66
|
1.37
|
1.19
|
1.15
|
1.11
|
1.11
|
0.97
|
0.93
|
0.90
|
1.34
|
1.17
|
1.13
|
1.09
|
67
|
1.43
|
1.24
|
1.19
|
1.16
|
1.16
|
1.01
|
0.97
|
0.94
|
1.40
|
1.22
|
1.17
|
1.14
|
68
|
1.49
|
1.29
|
1.24
|
1.20
|
1.22
|
1.06
|
1.02
|
0.99
|
1.46
|
1.27
|
1.22
|
1.18
|
69
|
1.55
|
1.34
|
1.29
|
1.25
|
1.28
|
1.11
|
1.07
|
1.03
|
1.52
|
1.32
|
1.27
|
1.23
|
70
|
1.61
|
1.40
|
1.34
|
1.30
|
1.34
|
1.16
|
1.12
|
1.08
|
1.58
|
1.38
|
1.32
|
1.28
|
71
|
1.67
|
1.45
|
1.39
|
1.35
|
1.40
|
1.22
|
1.17
|
1.13
|
1.64
|
1.43
|
1.37
|
1.33
|
72
|
1.74
|
1.51
|
1.45
|
1.41
|
1.47
|
1.28
|
1.23
|
1.19
|
1.71
|
1.49
|
1.43
|
1.39
|
73
|
1.81
|
1.57
|
1.51
|
1.46
|
1.54
|
1.34
|
1.28
|
1.24
|
1.78
|
1.55
|
1.49
|
1.44
|
74
|
1.89
|
1.64
|
1.57
|
1.52
|
1.61
|
1.40
|
1.34
|
1.30
|
1.86
|
1.62
|
1.55
|
1.50
|
75
|
1.97
|
1.71
|
1.64
|
1.59
|
1.69
|
1.46
|
1.40
|
1.36
|
1.94
|
1.69
|
1.62
|
1.57
|
76
|
2.05
|
1.78
|
1.70
|
1.65
|
1.75
|
1.52
|
1.45
|
1.41
|
2.02
|
1.75
|
1.68
|
1.63
|
77
|
2.14
|
1.85
|
1.77
|
1.72
|
1.82
|
1.58
|
1.51
|
1.47
|
2.11
|
1.82
|
1.74
|
1.70
|
78
|
2.23
|
1.93
|
1.85
|
1.79
|
1.90
|
1.65
|
1.58
|
1.53
|
2.20
|
1.90
|
1.82
|
1.76
|
79
|
2.33
|
2.01
|
1.93
|
1.87
|
1.98
|
1.72
|
1.64
|
1.59
|
2.30
|
1.98
|
1.90
|
1.84
|
80
|
2.43
|
2.10
|
2.01
|
1.95
|
2.07
|
1.79
|
1.71
|
1.66
|
2.39
|
2.07
|
1.98
|
1.92
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 1
|
|||||||||||
Non-Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
18
|
0.12
|
0.11
|
0.11
|
0.10
|
0.11
|
0.10
|
0.10
|
0.10
|
0.12
|
0.11
|
0.11
|
0.10
|
19
|
0.13
|
0.12
|
0.11
|
0.11
|
0.12
|
0.11
|
0.10
|
0.10
|
0.13
|
0.12
|
0.11
|
0.11
|
20
|
0.13
|
0.12
|
0.11
|
0.11
|
0.12
|
0.11
|
0.10
|
0.10
|
0.13
|
0.12
|
0.11
|
0.11
|
21
|
0.14
|
0.12
|
0.12
|
0.11
|
0.12
|
0.11
|
0.11
|
0.10
|
0.14
|
0.12
|
0.12
|
0.11
|
22
|
0.14
|
0.13
|
0.12
|
0.12
|
0.13
|
0.11
|
0.11
|
0.11
|
0.14
|
0.13
|
0.12
|
0.12
|
23
|
0.14
|
0.13
|
0.12
|
0.12
|
0.13
|
0.12
|
0.11
|
0.11
|
0.14
|
0.13
|
0.12
|
0.12
|
24
|
0.15
|
0.13
|
0.13
|
0.12
|
0.13
|
0.12
|
0.11
|
0.11
|
0.15
|
0.13
|
0.13
|
0.12
|
25
|
0.15
|
0.14
|
0.13
|
0.13
|
0.14
|
0.12
|
0.12
|
0.11
|
0.15
|
0.14
|
0.13
|
0.13
|
26
|
0.16
|
0.14
|
0.14
|
0.13
|
0.14
|
0.13
|
0.12
|
0.12
|
0.16
|
0.14
|
0.14
|
0.13
|
27
|
0.16
|
0.15
|
0.14
|
0.14
|
0.15
|
0.13
|
0.13
|
0.12
|
0.16
|
0.15
|
0.14
|
0.14
|
28
|
0.17
|
0.15
|
0.14
|
0.14
|
0.15
|
0.14
|
0.13
|
0.13
|
0.17
|
0.15
|
0.14
|
0.14
|
29
|
0.17
|
0.16
|
0.15
|
0.15
|
0.16
|
0.14
|
0.13
|
0.13
|
0.17
|
0.16
|
0.15
|
0.15
|
30
|
0.18
|
0.16
|
0.15
|
0.15
|
0.16
|
0.14
|
0.14
|
0.13
|
0.18
|
0.16
|
0.15
|
0.15
|
31
|
0.19
|
0.17
|
0.16
|
0.15
|
0.17
|
0.15
|
0.14
|
0.14
|
0.19
|
0.17
|
0.16
|
0.15
|
32
|
0.19
|
0.17
|
0.16
|
0.16
|
0.17
|
0.15
|
0.15
|
0.14
|
0.19
|
0.17
|
0.16
|
0.16
|
33
|
0.20
|
0.18
|
0.17
|
0.16
|
0.18
|
0.16
|
0.15
|
0.15
|
0.20
|
0.18
|
0.17
|
0.16
|
34
|
0.20
|
0.18
|
0.17
|
0.17
|
0.18
|
0.16
|
0.16
|
0.15
|
0.20
|
0.18
|
0.17
|
0.17
|
35
|
0.21
|
0.19
|
0.18
|
0.17
|
0.19
|
0.17
|
0.16
|
0.16
|
0.21
|
0.19
|
0.18
|
0.17
|
36
|
0.21
|
0.19
|
0.18
|
0.18
|
0.19
|
0.17
|
0.16
|
0.16
|
0.21
|
0.19
|
0.18
|
0.18
|
37
|
0.22
|
0.19
|
0.19
|
0.18
|
0.20
|
0.18
|
0.17
|
0.16
|
0.22
|
0.19
|
0.19
|
0.18
|
38
|
0.22
|
0.20
|
0.19
|
0.18
|
0.20
|
0.18
|
0.17
|
0.17
|
0.22
|
0.20
|
0.19
|
0.18
|
39
|
0.23
|
0.20
|
0.19
|
0.19
|
0.21
|
0.19
|
0.18
|
0.17
|
0.23
|
0.20
|
0.19
|
0.19
|
40
|
0.23
|
0.21
|
0.20
|
0.19
|
0.21
|
0.19
|
0.18
|
0.18
|
0.23
|
0.21
|
0.20
|
0.19
|
41
|
0.24
|
0.21
|
0.20
|
0.20
|
0.22
|
0.19
|
0.19
|
0.18
|
0.24
|
0.21
|
0.20
|
0.20
|
42
|
0.24
|
0.22
|
0.21
|
0.20
|
0.22
|
0.20
|
0.19
|
0.18
|
0.24
|
0.22
|
0.21
|
0.20
|
43
|
0.25
|
0.22
|
0.21
|
0.20
|
0.23
|
0.20
|
0.19
|
0.19
|
0.25
|
0.22
|
0.21
|
0.20
|
44
|
0.25
|
0.23
|
0.22
|
0.21
|
0.23
|
0.20
|
0.20
|
0.19
|
0.25
|
0.23
|
0.22
|
0.21
|
45
|
0.26
|
0.23
|
0.22
|
0.22
|
0.23
|
0.21
|
0.20
|
0.19
|
0.26
|
0.23
|
0.22
|
0.22
|
46
|
0.27
|
0.24
|
0.23
|
0.22
|
0.23
|
0.21
|
0.20
|
0.19
|
0.27
|
0.24
|
0.23
|
0.22
|
47
|
0.28
|
0.25
|
0.24
|
0.23
|
0.23
|
0.21
|
0.20
|
0.19
|
0.28
|
0.25
|
0.24
|
0.23
|
48
|
0.29
|
0.26
|
0.25
|
0.24
|
0.23
|
0.20
|
0.19
|
0.19
|
0.28
|
0.25
|
0.24
|
0.24
|
49
|
0.30
|
0.26
|
0.25
|
0.25
|
0.22
|
0.20
|
0.19
|
0.18
|
0.29
|
0.25
|
0.24
|
0.24
|
50
|
0.31
|
0.27
|
0.26
|
0.26
|
0.22
|
0.19
|
0.19
|
0.18
|
0.30
|
0.26
|
0.25
|
0.25
|
51
|
0.32
|
0.28
|
0.27
|
0.26
|
0.22
|
0.19
|
0.18
|
0.18
|
0.31
|
0.27
|
0.26
|
0.25
|
52
|
0.33
|
0.29
|
0.28
|
0.27
|
0.21
|
0.19
|
0.18
|
0.18
|
0.32
|
0.28
|
0.27
|
0.26
|
53
|
0.34
|
0.30
|
0.29
|
0.28
|
0.21
|
0.19
|
0.18
|
0.18
|
0.33
|
0.29
|
0.28
|
0.27
|
54
|
0.35
|
0.31
|
0.30
|
0.29
|
0.22
|
0.19
|
0.19
|
0.18
|
0.34
|
0.30
|
0.29
|
0.28
|
55
|
0.36
|
0.32
|
0.31
|
0.30
|
0.23
|
0.20
|
0.19
|
0.19
|
0.35
|
0.31
|
0.30
|
0.29
|
56
|
0.38
|
0.33
|
0.32
|
0.31
|
0.24
|
0.21
|
0.20
|
0.20
|
0.37
|
0.32
|
0.31
|
0.30
|
57
|
0.39
|
0.34
|
0.33
|
0.32
|
0.26
|
0.23
|
0.22
|
0.21
|
0.38
|
0.33
|
0.32
|
0.31
|
58
|
0.40
|
0.35
|
0.34
|
0.33
|
0.28
|
0.25
|
0.24
|
0.23
|
0.39
|
0.34
|
0.33
|
0.32
|
59
|
0.41
|
0.36
|
0.35
|
0.34
|
0.30
|
0.27
|
0.26
|
0.25
|
0.40
|
0.35
|
0.34
|
0.33
|
Transamerica® Xcelerator Exec
|
||||||||||||||
Issue Age
|
Duration 1
|
|||||||||||||
Non-Tobacco
|
||||||||||||||
Male
|
Female
|
Unisex
|
||||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|||
60
|
0.42
|
0.37
|
0.36
|
0.35
|
0.33
|
0.29
|
0.28
|
0.27
|
0.41
|
0.36
|
0.35
|
0.34
|
||
61
|
0.44
|
0.38
|
0.37
|
0.36
|
0.35
|
0.31
|
0.30
|
0.29
|
0.43
|
0.37
|
0.36
|
0.35
|
||
62
|
0.45
|
0.39
|
0.38
|
0.37
|
0.38
|
0.33
|
0.32
|
0.31
|
0.44
|
0.38
|
0.37
|
0.36
|
||
63
|
0.46
|
0.40
|
0.39
|
0.38
|
0.40
|
0.35
|
0.34
|
0.33
|
0.45
|
0.40
|
0.39
|
0.38
|
||
64
|
0.48
|
0.42
|
0.40
|
0.39
|
0.42
|
0.37
|
0.35
|
0.34
|
0.47
|
0.42
|
0.40
|
0.39
|
||
65
|
0.49
|
0.43
|
0.41
|
0.40
|
0.44
|
0.38
|
0.36
|
0.35
|
0.49
|
0.43
|
0.41
|
0.40
|
||
66
|
0.50
|
0.44
|
0.42
|
0.41
|
0.45
|
0.39
|
0.37
|
0.36
|
0.50
|
0.44
|
0.42
|
0.41
|
||
67
|
0.52
|
0.45
|
0.43
|
0.42
|
0.45
|
0.39
|
0.38
|
0.37
|
0.51
|
0.44
|
0.43
|
0.42
|
||
68
|
0.53
|
0.46
|
0.45
|
0.43
|
0.46
|
0.40
|
0.38
|
0.37
|
0.52
|
0.45
|
0.44
|
0.42
|
||
69
|
0.55
|
0.48
|
0.46
|
0.44
|
0.46
|
0.40
|
0.39
|
0.37
|
0.54
|
0.47
|
0.45
|
0.43
|
||
70
|
0.56
|
0.49
|
0.47
|
0.46
|
0.46
|
0.40
|
0.39
|
0.37
|
0.55
|
0.48
|
0.46
|
0.45
|
||
71
|
0.58
|
0.50
|
0.48
|
0.47
|
0.46
|
0.40
|
0.39
|
0.38
|
0.57
|
0.49
|
0.47
|
0.46
|
||
72
|
0.59
|
0.52
|
0.50
|
0.48
|
0.46
|
0.40
|
0.39
|
0.38
|
0.58
|
0.51
|
0.49
|
0.47
|
||
73
|
0.61
|
0.53
|
0.51
|
0.50
|
0.47
|
0.41
|
0.39
|
0.38
|
0.60
|
0.52
|
0.50
|
0.49
|
||
74
|
0.63
|
0.55
|
0.53
|
0.51
|
0.47
|
0.41
|
0.39
|
0.38
|
0.61
|
0.54
|
0.52
|
0.50
|
||
75
|
0.65
|
0.56
|
0.54
|
0.52
|
0.48
|
0.42
|
0.40
|
0.39
|
0.63
|
0.55
|
0.53
|
0.51
|
||
76
|
0.66
|
0.58
|
0.56
|
0.54
|
0.49
|
0.43
|
0.41
|
0.40
|
0.64
|
0.57
|
0.55
|
0.53
|
||
77
|
0.68
|
0.59
|
0.57
|
0.55
|
0.51
|
0.44
|
0.42
|
0.41
|
0.66
|
0.58
|
0.56
|
0.54
|
||
78
|
0.70
|
0.61
|
0.59
|
0.57
|
0.52
|
0.45
|
0.43
|
0.42
|
0.68
|
0.59
|
0.57
|
0.56
|
||
79
|
0.72
|
0.63
|
0.60
|
0.59
|
0.53
|
0.46
|
0.44
|
0.43
|
0.70
|
0.61
|
0.58
|
0.57
|
||
80
|
0.75
|
0.65
|
0.62
|
0.60
|
0.55
|
0.47
|
0.46
|
0.44
|
0.73
|
0.63
|
0.60
|
0.58
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 2-8 (Current) / Duration 2+ (Guaranteed)
|
|||||||||||
Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
18
|
0.31
|
0.28
|
0.27
|
0.26
|
0.27
|
0.25
|
0.24
|
0.23
|
0.31
|
0.28
|
0.27
|
0.26
|
19
|
0.32
|
0.29
|
0.28
|
0.28
|
0.28
|
0.26
|
0.25
|
0.24
|
0.32
|
0.29
|
0.28
|
0.28
|
20
|
0.34
|
0.31
|
0.30
|
0.29
|
0.30
|
0.27
|
0.26
|
0.26
|
0.34
|
0.31
|
0.30
|
0.29
|
21
|
0.36
|
0.32
|
0.31
|
0.30
|
0.31
|
0.28
|
0.28
|
0.27
|
0.36
|
0.32
|
0.31
|
0.30
|
22
|
0.37
|
0.34
|
0.33
|
0.32
|
0.33
|
0.30
|
0.29
|
0.28
|
0.37
|
0.34
|
0.33
|
0.32
|
23
|
0.39
|
0.36
|
0.34
|
0.33
|
0.34
|
0.31
|
0.30
|
0.30
|
0.39
|
0.36
|
0.34
|
0.33
|
24
|
0.41
|
0.37
|
0.36
|
0.35
|
0.36
|
0.33
|
0.32
|
0.31
|
0.41
|
0.37
|
0.36
|
0.35
|
25
|
0.43
|
0.39
|
0.38
|
0.37
|
0.38
|
0.34
|
0.33
|
0.32
|
0.43
|
0.39
|
0.38
|
0.37
|
26
|
0.45
|
0.41
|
0.40
|
0.38
|
0.40
|
0.36
|
0.35
|
0.34
|
0.45
|
0.41
|
0.40
|
0.38
|
27
|
0.47
|
0.43
|
0.41
|
0.40
|
0.41
|
0.37
|
0.36
|
0.35
|
0.46
|
0.42
|
0.41
|
0.40
|
28
|
0.49
|
0.45
|
0.43
|
0.42
|
0.43
|
0.39
|
0.38
|
0.37
|
0.48
|
0.44
|
0.43
|
0.42
|
29
|
0.52
|
0.47
|
0.45
|
0.44
|
0.45
|
0.40
|
0.39
|
0.38
|
0.51
|
0.46
|
0.44
|
0.43
|
30
|
0.54
|
0.49
|
0.47
|
0.45
|
0.47
|
0.42
|
0.41
|
0.40
|
0.53
|
0.48
|
0.46
|
0.45
|
31
|
0.56
|
0.51
|
0.49
|
0.47
|
0.49
|
0.44
|
0.43
|
0.42
|
0.55
|
0.50
|
0.48
|
0.47
|
32
|
0.59
|
0.53
|
0.51
|
0.50
|
0.51
|
0.46
|
0.45
|
0.44
|
0.58
|
0.52
|
0.50
|
0.49
|
33
|
0.62
|
0.56
|
0.54
|
0.52
|
0.53
|
0.48
|
0.47
|
0.46
|
0.61
|
0.55
|
0.53
|
0.51
|
34
|
0.65
|
0.59
|
0.57
|
0.55
|
0.56
|
0.51
|
0.49
|
0.48
|
0.64
|
0.58
|
0.56
|
0.54
|
35
|
0.69
|
0.62
|
0.60
|
0.58
|
0.59
|
0.54
|
0.52
|
0.51
|
0.68
|
0.61
|
0.59
|
0.57
|
36
|
0.74
|
0.67
|
0.64
|
0.62
|
0.63
|
0.57
|
0.55
|
0.54
|
0.73
|
0.66
|
0.63
|
0.61
|
37
|
0.79
|
0.71
|
0.68
|
0.66
|
0.67
|
0.60
|
0.59
|
0.57
|
0.78
|
0.70
|
0.67
|
0.65
|
38
|
0.84
|
0.76
|
0.73
|
0.71
|
0.71
|
0.64
|
0.62
|
0.60
|
0.83
|
0.75
|
0.72
|
0.70
|
39
|
0.90
|
0.82
|
0.79
|
0.76
|
0.76
|
0.68
|
0.66
|
0.64
|
0.89
|
0.81
|
0.78
|
0.75
|
40
|
0.97
|
0.87
|
0.84
|
0.82
|
0.80
|
0.73
|
0.70
|
0.68
|
0.95
|
0.86
|
0.83
|
0.81
|
41
|
1.03
|
0.93
|
0.89
|
0.87
|
0.85
|
0.77
|
0.74
|
0.72
|
1.01
|
0.91
|
0.88
|
0.86
|
42
|
1.09
|
0.99
|
0.95
|
0.92
|
0.90
|
0.82
|
0.78
|
0.76
|
1.07
|
0.97
|
0.93
|
0.90
|
43
|
1.15
|
1.04
|
1.00
|
0.97
|
0.95
|
0.86
|
0.83
|
0.80
|
1.13
|
1.02
|
0.98
|
0.95
|
44
|
1.21
|
1.09
|
1.05
|
1.02
|
1.00
|
0.91
|
0.87
|
0.84
|
1.19
|
1.07
|
1.03
|
1.00
|
45
|
1.26
|
1.14
|
1.09
|
1.06
|
1.05
|
0.95
|
0.91
|
0.89
|
1.24
|
1.12
|
1.07
|
1.04
|
46
|
1.30
|
1.17
|
1.13
|
1.10
|
1.10
|
1.00
|
0.96
|
0.93
|
1.28
|
1.15
|
1.11
|
1.08
|
47
|
1.33
|
1.20
|
1.15
|
1.12
|
1.15
|
1.04
|
1.00
|
0.97
|
1.31
|
1.18
|
1.14
|
1.11
|
48
|
1.35
|
1.22
|
1.17
|
1.14
|
1.19
|
1.08
|
1.04
|
1.01
|
1.33
|
1.21
|
1.16
|
1.13
|
49
|
1.38
|
1.24
|
1.19
|
1.16
|
1.24
|
1.12
|
1.08
|
1.04
|
1.37
|
1.23
|
1.18
|
1.15
|
50
|
1.40
|
1.26
|
1.21
|
1.17
|
1.29
|
1.16
|
1.12
|
1.09
|
1.39
|
1.25
|
1.20
|
1.16
|
51
|
1.42
|
1.28
|
1.23
|
1.19
|
1.34
|
1.21
|
1.16
|
1.13
|
1.41
|
1.27
|
1.22
|
1.18
|
52
|
1.46
|
1.31
|
1.26
|
1.22
|
1.39
|
1.25
|
1.21
|
1.17
|
1.45
|
1.30
|
1.26
|
1.22
|
53
|
1.51
|
1.36
|
1.30
|
1.26
|
1.45
|
1.31
|
1.26
|
1.22
|
1.50
|
1.36
|
1.30
|
1.26
|
54
|
1.57
|
1.41
|
1.35
|
1.31
|
1.52
|
1.37
|
1.32
|
1.28
|
1.57
|
1.41
|
1.35
|
1.31
|
55
|
1.66
|
1.49
|
1.42
|
1.38
|
1.59
|
1.43
|
1.38
|
1.34
|
1.65
|
1.48
|
1.42
|
1.38
|
56
|
1.77
|
1.59
|
1.52
|
1.47
|
1.67
|
1.50
|
1.45
|
1.41
|
1.76
|
1.58
|
1.51
|
1.46
|
57
|
1.89
|
1.70
|
1.62
|
1.58
|
1.75
|
1.57
|
1.52
|
1.47
|
1.88
|
1.69
|
1.61
|
1.57
|
58
|
2.04
|
1.82
|
1.75
|
1.69
|
1.84
|
1.65
|
1.59
|
1.55
|
2.02
|
1.80
|
1.73
|
1.68
|
59
|
2.19
|
1.96
|
1.88
|
1.82
|
1.93
|
1.73
|
1.67
|
1.62
|
2.16
|
1.94
|
1.86
|
1.80
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 2-8 (Current) / Duration 2+ (Guaranteed)
|
|||||||||||
Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
60
|
2.35
|
2.10
|
2.02
|
1.96
|
2.03
|
1.82
|
1.75
|
1.70
|
2.32
|
2.07
|
1.99
|
1.93
|
61
|
2.52
|
2.25
|
2.16
|
2.10
|
2.13
|
1.91
|
1.84
|
1.78
|
2.48
|
2.22
|
2.13
|
2.07
|
62
|
2.70
|
2.41
|
2.31
|
2.24
|
2.24
|
2.01
|
1.93
|
1.87
|
2.65
|
2.37
|
2.27
|
2.20
|
63
|
2.88
|
2.56
|
2.46
|
2.39
|
2.35
|
2.11
|
2.03
|
1.97
|
2.83
|
2.52
|
2.42
|
2.35
|
64
|
3.05
|
2.71
|
2.61
|
2.53
|
2.47
|
2.22
|
2.13
|
2.07
|
2.99
|
2.66
|
2.56
|
2.48
|
65
|
3.22
|
2.86
|
2.76
|
2.67
|
2.60
|
2.33
|
2.24
|
2.17
|
3.16
|
2.81
|
2.71
|
2.62
|
66
|
3.38
|
3.01
|
2.90
|
2.81
|
2.74
|
2.45
|
2.35
|
2.28
|
3.32
|
2.95
|
2.85
|
2.76
|
67
|
3.54
|
3.14
|
3.03
|
2.94
|
2.88
|
2.58
|
2.47
|
2.40
|
3.47
|
3.08
|
2.97
|
2.89
|
68
|
3.69
|
3.28
|
3.16
|
3.06
|
3.02
|
2.70
|
2.59
|
2.51
|
3.62
|
3.22
|
3.10
|
3.01
|
69
|
3.84
|
3.42
|
3.29
|
3.19
|
3.17
|
2.84
|
2.72
|
2.64
|
3.77
|
3.36
|
3.23
|
3.14
|
70
|
4.00
|
3.56
|
3.42
|
3.32
|
3.33
|
2.98
|
2.86
|
2.77
|
3.93
|
3.50
|
3.36
|
3.27
|
71
|
4.17
|
3.70
|
3.56
|
3.45
|
3.49
|
3.13
|
3.00
|
2.90
|
4.10
|
3.64
|
3.50
|
3.40
|
72
|
4.35
|
3.86
|
3.71
|
3.60
|
3.67
|
3.28
|
3.15
|
3.05
|
4.28
|
3.80
|
3.65
|
3.55
|
73
|
4.54
|
4.03
|
3.88
|
3.76
|
3.85
|
3.45
|
3.30
|
3.20
|
4.47
|
3.97
|
3.82
|
3.70
|
74
|
4.75
|
4.22
|
4.05
|
3.93
|
4.05
|
3.62
|
3.47
|
3.36
|
4.68
|
4.16
|
3.99
|
3.87
|
75
|
4.98
|
4.42
|
4.25
|
4.12
|
4.26
|
3.81
|
3.65
|
3.53
|
4.91
|
4.36
|
4.19
|
4.06
|
76
|
5.22
|
4.63
|
4.45
|
4.31
|
4.45
|
3.98
|
3.80
|
3.68
|
5.14
|
4.57
|
4.39
|
4.25
|
77
|
5.48
|
4.86
|
4.67
|
4.53
|
4.67
|
4.17
|
3.99
|
3.86
|
5.40
|
4.79
|
4.60
|
4.46
|
78
|
5.75
|
5.10
|
4.90
|
4.75
|
4.90
|
4.38
|
4.19
|
4.05
|
5.67
|
5.03
|
4.83
|
4.68
|
79
|
6.04
|
5.35
|
5.14
|
4.98
|
5.14
|
4.59
|
4.39
|
4.25
|
5.95
|
5.27
|
5.07
|
4.91
|
80
|
6.34
|
5.61
|
5.40
|
5.23
|
5.39
|
4.82
|
4.60
|
4.45
|
6.25
|
5.53
|
5.32
|
5.15
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 2-8 (Current) / Duration 2+ (Guaranteed)
|
|||||||||||
Non-Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
18
|
0.22
|
0.20
|
0.19
|
0.19
|
0.20
|
0.18
|
0.17
|
0.17
|
0.22
|
0.20
|
0.19
|
0.19
|
19
|
0.23
|
0.21
|
0.20
|
0.19
|
0.21
|
0.19
|
0.18
|
0.17
|
0.23
|
0.21
|
0.20
|
0.19
|
20
|
0.23
|
0.21
|
0.20
|
0.20
|
0.21
|
0.19
|
0.18
|
0.18
|
0.23
|
0.21
|
0.20
|
0.20
|
21
|
0.24
|
0.22
|
0.21
|
0.20
|
0.22
|
0.20
|
0.19
|
0.18
|
0.24
|
0.22
|
0.21
|
0.20
|
22
|
0.25
|
0.23
|
0.22
|
0.21
|
0.22
|
0.20
|
0.20
|
0.19
|
0.25
|
0.23
|
0.22
|
0.21
|
23
|
0.26
|
0.23
|
0.22
|
0.22
|
0.23
|
0.21
|
0.20
|
0.20
|
0.26
|
0.23
|
0.22
|
0.22
|
24
|
0.27
|
0.24
|
0.23
|
0.23
|
0.24
|
0.22
|
0.21
|
0.20
|
0.27
|
0.24
|
0.23
|
0.23
|
25
|
0.28
|
0.25
|
0.24
|
0.23
|
0.25
|
0.23
|
0.22
|
0.21
|
0.28
|
0.25
|
0.24
|
0.23
|
26
|
0.29
|
0.26
|
0.25
|
0.24
|
0.26
|
0.24
|
0.23
|
0.22
|
0.29
|
0.26
|
0.25
|
0.24
|
27
|
0.30
|
0.27
|
0.26
|
0.25
|
0.27
|
0.25
|
0.24
|
0.23
|
0.30
|
0.27
|
0.26
|
0.25
|
28
|
0.32
|
0.29
|
0.27
|
0.27
|
0.28
|
0.26
|
0.25
|
0.24
|
0.32
|
0.29
|
0.27
|
0.27
|
29
|
0.33
|
0.30
|
0.29
|
0.28
|
0.30
|
0.27
|
0.26
|
0.25
|
0.33
|
0.30
|
0.29
|
0.28
|
30
|
0.34
|
0.31
|
0.30
|
0.29
|
0.31
|
0.28
|
0.27
|
0.26
|
0.34
|
0.31
|
0.30
|
0.29
|
31
|
0.36
|
0.33
|
0.31
|
0.30
|
0.32
|
0.29
|
0.28
|
0.27
|
0.36
|
0.33
|
0.31
|
0.30
|
32
|
0.37
|
0.34
|
0.33
|
0.32
|
0.34
|
0.30
|
0.29
|
0.28
|
0.37
|
0.34
|
0.33
|
0.32
|
33
|
0.39
|
0.35
|
0.34
|
0.33
|
0.35
|
0.32
|
0.30
|
0.30
|
0.39
|
0.35
|
0.34
|
0.33
|
34
|
0.40
|
0.36
|
0.35
|
0.34
|
0.36
|
0.33
|
0.31
|
0.31
|
0.40
|
0.36
|
0.35
|
0.34
|
35
|
0.42
|
0.38
|
0.36
|
0.35
|
0.38
|
0.34
|
0.32
|
0.32
|
0.42
|
0.38
|
0.36
|
0.35
|
36
|
0.43
|
0.39
|
0.37
|
0.36
|
0.39
|
0.35
|
0.33
|
0.32
|
0.43
|
0.39
|
0.37
|
0.36
|
37
|
0.44
|
0.40
|
0.38
|
0.37
|
0.40
|
0.36
|
0.34
|
0.33
|
0.44
|
0.40
|
0.38
|
0.37
|
38
|
0.46
|
0.41
|
0.40
|
0.38
|
0.41
|
0.37
|
0.35
|
0.34
|
0.46
|
0.41
|
0.40
|
0.38
|
39
|
0.47
|
0.42
|
0.41
|
0.40
|
0.42
|
0.38
|
0.36
|
0.35
|
0.47
|
0.42
|
0.41
|
0.40
|
40
|
0.48
|
0.43
|
0.42
|
0.41
|
0.43
|
0.39
|
0.37
|
0.36
|
0.48
|
0.43
|
0.42
|
0.41
|
41
|
0.49
|
0.45
|
0.43
|
0.42
|
0.44
|
0.40
|
0.38
|
0.37
|
0.49
|
0.45
|
0.43
|
0.42
|
42
|
0.50
|
0.45
|
0.44
|
0.43
|
0.45
|
0.41
|
0.39
|
0.38
|
0.50
|
0.45
|
0.44
|
0.43
|
43
|
0.51
|
0.46
|
0.45
|
0.43
|
0.46
|
0.41
|
0.40
|
0.39
|
0.51
|
0.46
|
0.45
|
0.43
|
44
|
0.52
|
0.47
|
0.45
|
0.44
|
0.47
|
0.42
|
0.40
|
0.39
|
0.52
|
0.47
|
0.45
|
0.44
|
45
|
0.53
|
0.48
|
0.46
|
0.45
|
0.47
|
0.43
|
0.41
|
0.40
|
0.52
|
0.48
|
0.46
|
0.45
|
46
|
0.53
|
0.48
|
0.46
|
0.45
|
0.47
|
0.43
|
0.41
|
0.40
|
0.52
|
0.48
|
0.46
|
0.45
|
47
|
0.53
|
0.47
|
0.46
|
0.44
|
0.47
|
0.42
|
0.41
|
0.39
|
0.52
|
0.47
|
0.46
|
0.44
|
48
|
0.52
|
0.47
|
0.45
|
0.44
|
0.46
|
0.42
|
0.40
|
0.39
|
0.51
|
0.47
|
0.45
|
0.44
|
49
|
0.51
|
0.46
|
0.44
|
0.43
|
0.45
|
0.41
|
0.39
|
0.38
|
0.50
|
0.46
|
0.44
|
0.43
|
50
|
0.50
|
0.45
|
0.43
|
0.42
|
0.44
|
0.40
|
0.38
|
0.37
|
0.49
|
0.45
|
0.43
|
0.42
|
51
|
0.49
|
0.44
|
0.42
|
0.41
|
0.43
|
0.39
|
0.38
|
0.36
|
0.48
|
0.44
|
0.42
|
0.41
|
52
|
0.49
|
0.44
|
0.42
|
0.41
|
0.43
|
0.39
|
0.37
|
0.36
|
0.48
|
0.44
|
0.42
|
0.41
|
53
|
0.49
|
0.44
|
0.42
|
0.41
|
0.44
|
0.39
|
0.38
|
0.37
|
0.49
|
0.44
|
0.42
|
0.41
|
54
|
0.50
|
0.45
|
0.44
|
0.42
|
0.45
|
0.40
|
0.39
|
0.38
|
0.50
|
0.45
|
0.44
|
0.42
|
55
|
0.53
|
0.48
|
0.46
|
0.45
|
0.47
|
0.43
|
0.41
|
0.40
|
0.52
|
0.48
|
0.46
|
0.45
|
56
|
0.57
|
0.52
|
0.50
|
0.48
|
0.51
|
0.46
|
0.44
|
0.43
|
0.56
|
0.51
|
0.49
|
0.48
|
57
|
0.63
|
0.57
|
0.54
|
0.53
|
0.56
|
0.50
|
0.48
|
0.47
|
0.62
|
0.56
|
0.53
|
0.52
|
58
|
0.70
|
0.63
|
0.60
|
0.58
|
0.62
|
0.56
|
0.54
|
0.52
|
0.69
|
0.62
|
0.59
|
0.57
|
59
|
0.78
|
0.70
|
0.67
|
0.65
|
0.69
|
0.62
|
0.59
|
0.58
|
0.77
|
0.69
|
0.66
|
0.64
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 2-8 (Current) / Duration 2+ (Guaranteed)
|
|||||||||||
Non-Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
60
|
0.86
|
0.77
|
0.74
|
0.71
|
0.76
|
0.68
|
0.66
|
0.64
|
0.85
|
0.76
|
0.73
|
0.70
|
61
|
0.94
|
0.84
|
0.81
|
0.78
|
0.83
|
0.75
|
0.72
|
0.70
|
0.93
|
0.83
|
0.80
|
0.77
|
62
|
1.02
|
0.91
|
0.87
|
0.85
|
0.90
|
0.81
|
0.78
|
0.75
|
1.01
|
0.90
|
0.86
|
0.84
|
63
|
1.09
|
0.97
|
0.94
|
0.91
|
0.97
|
0.87
|
0.83
|
0.81
|
1.08
|
0.96
|
0.93
|
0.90
|
64
|
1.15
|
1.03
|
0.99
|
0.96
|
1.02
|
0.92
|
0.88
|
0.85
|
1.14
|
1.02
|
0.98
|
0.95
|
65
|
1.20
|
1.07
|
1.03
|
1.00
|
1.07
|
0.95
|
0.92
|
0.89
|
1.19
|
1.06
|
1.02
|
0.99
|
66
|
1.23
|
1.10
|
1.06
|
1.03
|
1.10
|
0.98
|
0.94
|
0.91
|
1.22
|
1.09
|
1.05
|
1.02
|
67
|
1.26
|
1.12
|
1.08
|
1.05
|
1.12
|
1.00
|
0.96
|
0.93
|
1.25
|
1.11
|
1.07
|
1.04
|
68
|
1.27
|
1.14
|
1.09
|
1.06
|
1.13
|
1.01
|
0.97
|
0.94
|
1.26
|
1.13
|
1.08
|
1.05
|
69
|
1.28
|
1.15
|
1.10
|
1.07
|
1.14
|
1.02
|
0.98
|
0.95
|
1.27
|
1.14
|
1.09
|
1.06
|
70
|
1.29
|
1.15
|
1.10
|
1.07
|
1.14
|
1.02
|
0.98
|
0.95
|
1.28
|
1.14
|
1.09
|
1.06
|
71
|
1.29
|
1.15
|
1.11
|
1.08
|
1.14
|
1.02
|
0.98
|
0.95
|
1.28
|
1.14
|
1.10
|
1.07
|
72
|
1.30
|
1.16
|
1.11
|
1.08
|
1.15
|
1.03
|
0.99
|
0.96
|
1.29
|
1.15
|
1.10
|
1.07
|
73
|
1.31
|
1.17
|
1.12
|
1.09
|
1.16
|
1.04
|
1.00
|
0.97
|
1.30
|
1.16
|
1.11
|
1.08
|
74
|
1.33
|
1.19
|
1.14
|
1.10
|
1.17
|
1.05
|
1.01
|
0.98
|
1.31
|
1.18
|
1.13
|
1.09
|
75
|
1.35
|
1.21
|
1.16
|
1.13
|
1.20
|
1.07
|
1.03
|
1.00
|
1.34
|
1.20
|
1.15
|
1.12
|
76
|
1.41
|
1.26
|
1.21
|
1.17
|
1.24
|
1.11
|
1.07
|
1.04
|
1.39
|
1.25
|
1.20
|
1.16
|
77
|
1.45
|
1.30
|
1.25
|
1.21
|
1.28
|
1.15
|
1.10
|
1.07
|
1.43
|
1.29
|
1.24
|
1.20
|
78
|
1.50
|
1.34
|
1.29
|
1.25
|
1.32
|
1.19
|
1.14
|
1.10
|
1.48
|
1.33
|
1.28
|
1.24
|
79
|
1.55
|
1.38
|
1.33
|
1.29
|
1.37
|
1.22
|
1.18
|
1.14
|
1.53
|
1.36
|
1.32
|
1.28
|
80
|
1.60
|
1.43
|
1.37
|
1.33
|
1.41
|
1.26
|
1.21
|
1.18
|
1.58
|
1.41
|
1.35
|
1.32
|
(1)
|
The daily charge for assuming mortality and expense risks assessed against each subaccount. This charge is equivalent to an annual charge of 0.75% of the average net assets of the subaccounts during the first 15 Policy years (we guarantee to reduce this charge to 0.30% (annually) after the first 15 Policy years). We may reduce this charge to 0.00% in the 16th Policy year, but we do not guarantee that we will do so, and we reserve the right to maintain this charge at the 0.30% level after the 15th Policy year.
|
(2)
|
Estimated daily expenses equivalent to an effective arithmetic average annual expense level of 1.17 % of the portfolios' gross average daily net assets. The 1.17 % gross average portfolio expense level assumes an equal allocation of amounts among the 66 subaccounts available to new investors. We used annualized actual audited expenses incurred during 201 5 for the portfolios to calculate the gross average annual expense level;
|
(3)
|
The premium expense charge (0% of all premium payments in the first Policy year and 3% of all premiums paid thereafter) and monthly deductions for the cost of insurance, the monthly Policy charge, and the monthly per unit charge.
|
DEATH BENEFIT
Assuming Hypothetical Gross and Net Annual Investment Return of
|
CASH VALUE
Assuming Hypothetical Gross and Net Annual Investment Return of
|
|||||
End of Policy Year
|
0% (Gross)
-1.17% (Net)
|
6% (Gross)
4.83% (Net)
|
10% (Gross)
8.83% (Net)
|
0% (Gross)
-1.17% (Net)
|
6% (Gross)
4.83% (Net)
|
10% (Gross)
8.83% (Net)
|
1
|
350,000
|
350,000
|
350,000
|
9,079
|
9,669
|
10,063
|
2
|
350,000
|
350,000
|
350,000
|
16,472
|
18,164
|
19,332
|
3
|
350,000
|
350,000
|
350,000
|
23,651
|
26,933
|
29,278
|
4
|
350,000
|
350,000
|
350,000
|
30,626
|
35,994
|
39,963
|
5
|
350,000
|
350,000
|
350,000
|
37,425
|
45,386
|
51,475
|
6
|
350,000
|
350,000
|
350,000
|
44,034
|
55,107
|
63,868
|
7
|
350,000
|
350,000
|
350,000
|
50,467
|
65,183
|
77,228
|
8
|
350,000
|
350,000
|
350,000
|
46,699
|
64,990
|
80,589
|
9
|
350,000
|
350,000
|
350,000
|
44,917
|
66,779
|
86,265
|
10
|
350,000
|
350,000
|
350,000
|
43,030
|
68,518
|
92,296
|
15
|
350,000
|
350,000
|
350,000
|
31,342
|
75,755
|
128,494
|
20
|
350,000
|
350,000
|
350,000
|
17,324
|
84,083
|
186,549
|
25
|
*
|
350,000
|
350,000
|
*
|
89,247
|
275,605
|
30 (Age 75)
|
*
|
350,000
|
443,855
|
*
|
81,983
|
414,817
|
35 (Age 80)
|
*
|
350,000
|
658,801
|
*
|
52,196
|
627,430
|
40 (Age 85)
|
*
|
*
|
992,116
|
*
|
*
|
944,873
|
45 (Age 90)
|
*
|
*
|
1,484,988
|
*
|
*
|
1,414,274
|
50 (Age 95)
|
*
|
*
|
2,146,291
|
*
|
*
|
2,125,041
|
55 (Age 100)
|
*
|
*
|
3,243,471
|
*
|
*
|
3,243,471
|
NET SURRENDER VALUE
Assuming Hypothetical Gross and Net Annual Investment Return of
|
|||||||
End of Policy Year
|
0% (Gross)
-1.17% (Net)
|
6% (Gross)
4.83% (Net)
|
10% (Gross)
8.83% (Net)
|
End of Policy Year
|
0% (Gross)
-1.17% (Net)
|
6% (Gross)
4.83% (Net)
|
10% (Gross)
8.83% (Net)
|
1
|
9,079
|
9,669
|
10,063
|
15
|
31,342
|
75,755
|
128,494
|
2
|
16,472
|
18,164
|
19,332
|
20
|
17,324
|
84,083
|
186,549
|
3
|
23,651
|
26,933
|
29,278
|
25
|
*
|
89,247
|
275,605
|
4
|
30,626
|
35,994
|
39,963
|
30 (Age 75)
|
*
|
81,983
|
414,817
|
5
|
37,425
|
45,386
|
51,475
|
35 (Age 80)
|
*
|
52,196
|
627,430
|
6
|
44,034
|
55,107
|
63,868
|
40 (Age 85)
|
*
|
*
|
944,873
|
7
|
50,467
|
65,183
|
77,228
|
45 (Age 90)
|
*
|
*
|
1,414,274
|
8
|
46,699
|
64,990
|
80,589
|
50 (Age 95)
|
*
|
*
|
2,125,041
|
9
|
44,917
|
66,779
|
86,265
|
55 (Age 100)
|
*
|
*
|
3,243,471
|
10
|
43,030
|
68,518
|
92,296
|
DEATH BENEFIT
Assuming Hypothetical Gross and Net Annual Investment Return of
|
CASH VALUE
Assuming Hypothetical Gross and Net Annual Investment Return of
|
|||||
End of Policy Year
|
0% (Gross)
-1.17% (Net)
|
6% (Gross)
4.83% (Net)
|
10% (Gross)
8.83% (Net)
|
0% (Gross)
-1.17% (Net)
|
6% (Gross)
4.83% (Net)
|
10% (Gross)
8.83% (Net)
|
1
|
350,000
|
350,000
|
350,000
|
9,079
|
9,669
|
10,063
|
2
|
350,000
|
350,000
|
350,000
|
15,760
|
17,431
|
18,586
|
3
|
350,000
|
350,000
|
350,000
|
22,262
|
25,461
|
27,751
|
4
|
350,000
|
350,000
|
350,000
|
28,606
|
33,791
|
37,634
|
5
|
350,000
|
350,000
|
350,000
|
34,781
|
42,422
|
48,283
|
6
|
350,000
|
350,000
|
350,000
|
40,777
|
51,356
|
59,752
|
7
|
350,000
|
350,000
|
350,000
|
46,577
|
60,586
|
72,094
|
8
|
350,000
|
350,000
|
350,000
|
42,125
|
59,458
|
74,308
|
9
|
350,000
|
350,000
|
350,000
|
37,580
|
58,127
|
76,566
|
10
|
350,000
|
350,000
|
350,000
|
32,906
|
56,547
|
78,842
|
15
|
350,000
|
350,000
|
350,000
|
7,014
|
43,986
|
90,264
|
20
|
*
|
350,000
|
350,000
|
*
|
19,721
|
102,308
|
25
|
*
|
*
|
350,000
|
*
|
*
|
109,268
|
30 (Age 75)
|
*
|
*
|
350,000
|
*
|
*
|
102,089
|
35 (Age 80)
|
*
|
*
|
350,000
|
*
|
*
|
51,630
|
40 (Age 85)
|
*
|
*
|
*
|
*
|
*
|
*
|
45 (Age 90)
|
*
|
*
|
*
|
*
|
*
|
*
|
50 (Age 95)
|
*
|
*
|
*
|
*
|
*
|
*
|
55 (Age 100)
|
*
|
*
|
*
|
*
|
*
|
*
|
NET SURRENDER VALUE
Assuming Hypothetical Gross and Net Annual Investment Return of
|
|||||||
End of Policy Year
|
0% (Gross)
-1.17% (Net)
|
6% (Gross)
4.83% (Net)
|
10% (Gross)
8.83% (Net)
|
End of Policy Year
|
0% (Gross)
-1.17% (Net)
|
6% (Gross)
4.83% (Net)
|
10% (Gross)
8.83% (Net)
|
1
|
9,079
|
9,669
|
10,058
|
15
|
7,014
|
43,986
|
90,264
|
2
|
15,760
|
17,431
|
18,571
|
15
|
*
|
19,721
|
102,308
|
3
|
22,262
|
25,461
|
27,722
|
20
|
*
|
*
|
109,268
|
4
|
28,606
|
33,791
|
37,584
|
25
|
*
|
*
|
102,089
|
5
|
34,781
|
42,422
|
48,206
|
30 (Age 75)
|
*
|
*
|
51,630
|
6
|
40,777
|
51,356
|
59,640
|
35 (Age 80)
|
*
|
*
|
*
|
7
|
46,577
|
60,586
|
71,938
|
40 (Age 85)
|
*
|
*
|
*
|
8
|
42,125
|
59,458
|
74,103
|
45 (Age 90)
|
*
|
*
|
*
|
9
|
37,580
|
58,127
|
76,307
|
50 (Age 95)
|
*
|
*
|
*
|
10
|
32,906
|
56,547
|
78,524
|
55 (Age 100)
|
*
|
*
|
*
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 1
|
|||||||||||
Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
18
|
0.18
|
0.16
|
0.15
|
0.15
|
0.16
|
0.14
|
0.14
|
0.13
|
0.18
|
0.16
|
0.15
|
0.15
|
19
|
0.19
|
0.17
|
0.16
|
0.16
|
0.16
|
0.15
|
0.14
|
0.14
|
0.19
|
0.17
|
0.16
|
0.16
|
20
|
0.19
|
0.17
|
0.17
|
0.16
|
0.17
|
0.15
|
0.15
|
0.15
|
0.19
|
0.17
|
0.17
|
0.16
|
21
|
0.20
|
0.18
|
0.18
|
0.17
|
0.18
|
0.16
|
0.16
|
0.15
|
0.20
|
0.18
|
0.18
|
0.17
|
22
|
0.21
|
0.19
|
0.18
|
0.18
|
0.18
|
0.17
|
0.16
|
0.16
|
0.21
|
0.19
|
0.18
|
0.18
|
23
|
0.22
|
0.20
|
0.19
|
0.18
|
0.19
|
0.17
|
0.17
|
0.16
|
0.22
|
0.20
|
0.19
|
0.18
|
24
|
0.23
|
0.21
|
0.20
|
0.19
|
0.20
|
0.18
|
0.18
|
0.17
|
0.23
|
0.21
|
0.20
|
0.19
|
25
|
0.24
|
0.21
|
0.21
|
0.20
|
0.21
|
0.19
|
0.18
|
0.18
|
0.24
|
0.21
|
0.21
|
0.20
|
26
|
0.25
|
0.22
|
0.21
|
0.21
|
0.21
|
0.19
|
0.19
|
0.18
|
0.25
|
0.22
|
0.21
|
0.21
|
27
|
0.26
|
0.23
|
0.22
|
0.21
|
0.22
|
0.20
|
0.19
|
0.19
|
0.26
|
0.23
|
0.22
|
0.21
|
28
|
0.26
|
0.24
|
0.23
|
0.22
|
0.23
|
0.21
|
0.20
|
0.20
|
0.26
|
0.24
|
0.23
|
0.22
|
29
|
0.27
|
0.24
|
0.23
|
0.23
|
0.24
|
0.21
|
0.21
|
0.20
|
0.27
|
0.24
|
0.23
|
0.23
|
30
|
0.28
|
0.25
|
0.24
|
0.23
|
0.24
|
0.22
|
0.21
|
0.21
|
0.28
|
0.25
|
0.24
|
0.23
|
31
|
0.29
|
0.26
|
0.25
|
0.24
|
0.25
|
0.22
|
0.22
|
0.21
|
0.29
|
0.26
|
0.25
|
0.24
|
32
|
0.30
|
0.27
|
0.26
|
0.25
|
0.26
|
0.23
|
0.23
|
0.22
|
0.30
|
0.27
|
0.26
|
0.25
|
33
|
0.31
|
0.28
|
0.27
|
0.26
|
0.27
|
0.24
|
0.24
|
0.23
|
0.31
|
0.28
|
0.27
|
0.26
|
34
|
0.33
|
0.29
|
0.28
|
0.27
|
0.28
|
0.25
|
0.25
|
0.24
|
0.33
|
0.29
|
0.28
|
0.27
|
35
|
0.35
|
0.31
|
0.30
|
0.29
|
0.30
|
0.26
|
0.26
|
0.25
|
0.35
|
0.31
|
0.30
|
0.29
|
36
|
0.37
|
0.33
|
0.31
|
0.30
|
0.31
|
0.28
|
0.27
|
0.26
|
0.36
|
0.33
|
0.31
|
0.30
|
37
|
0.39
|
0.35
|
0.34
|
0.33
|
0.33
|
0.30
|
0.29
|
0.28
|
0.38
|
0.35
|
0.34
|
0.33
|
38
|
0.42
|
0.37
|
0.36
|
0.35
|
0.35
|
0.32
|
0.30
|
0.30
|
0.41
|
0.37
|
0.35
|
0.35
|
39
|
0.45
|
0.40
|
0.38
|
0.37
|
0.38
|
0.34
|
0.32
|
0.31
|
0.44
|
0.39
|
0.37
|
0.36
|
40
|
0.48
|
0.43
|
0.41
|
0.40
|
0.40
|
0.36
|
0.34
|
0.33
|
0.47
|
0.42
|
0.40
|
0.39
|
41
|
0.51
|
0.45
|
0.44
|
0.42
|
0.42
|
0.38
|
0.36
|
0.35
|
0.50
|
0.44
|
0.43
|
0.41
|
42
|
0.54
|
0.48
|
0.46
|
0.45
|
0.45
|
0.40
|
0.38
|
0.37
|
0.53
|
0.47
|
0.45
|
0.44
|
43
|
0.57
|
0.51
|
0.49
|
0.47
|
0.47
|
0.42
|
0.40
|
0.39
|
0.56
|
0.50
|
0.48
|
0.46
|
44
|
0.60
|
0.53
|
0.51
|
0.50
|
0.50
|
0.44
|
0.42
|
0.41
|
0.59
|
0.52
|
0.50
|
0.49
|
45
|
0.62
|
0.55
|
0.53
|
0.51
|
0.52
|
0.46
|
0.44
|
0.43
|
0.61
|
0.54
|
0.52
|
0.50
|
46
|
0.64
|
0.57
|
0.55
|
0.53
|
0.54
|
0.48
|
0.46
|
0.45
|
0.63
|
0.56
|
0.54
|
0.52
|
47
|
0.65
|
0.58
|
0.56
|
0.54
|
0.56
|
0.50
|
0.48
|
0.47
|
0.64
|
0.57
|
0.55
|
0.53
|
48
|
0.66
|
0.59
|
0.57
|
0.55
|
0.58
|
0.52
|
0.50
|
0.49
|
0.65
|
0.58
|
0.56
|
0.54
|
49
|
0.67
|
0.60
|
0.58
|
0.56
|
0.61
|
0.54
|
0.52
|
0.50
|
0.66
|
0.59
|
0.57
|
0.55
|
50
|
0.68
|
0.61
|
0.58
|
0.57
|
0.63
|
0.56
|
0.54
|
0.52
|
0.68
|
0.61
|
0.58
|
0.57
|
51
|
0.69
|
0.62
|
0.59
|
0.57
|
0.65
|
0.58
|
0.56
|
0.54
|
0.69
|
0.62
|
0.59
|
0.57
|
52
|
0.71
|
0.63
|
0.60
|
0.58
|
0.67
|
0.60
|
0.58
|
0.56
|
0.71
|
0.63
|
0.60
|
0.58
|
53
|
0.73
|
0.65
|
0.62
|
0.60
|
0.70
|
0.62
|
0.60
|
0.58
|
0.73
|
0.65
|
0.62
|
0.60
|
54
|
0.75
|
0.67
|
0.64
|
0.62
|
0.72
|
0.64
|
0.62
|
0.60
|
0.75
|
0.67
|
0.64
|
0.62
|
55
|
0.78
|
0.69
|
0.66
|
0.64
|
0.75
|
0.66
|
0.64
|
0.62
|
0.78
|
0.69
|
0.66
|
0.64
|
56
|
0.82
|
0.72
|
0.69
|
0.67
|
0.77
|
0.68
|
0.66
|
0.64
|
0.82
|
0.72
|
0.69
|
0.67
|
57
|
0.86
|
0.76
|
0.73
|
0.71
|
0.80
|
0.71
|
0.68
|
0.66
|
0.85
|
0.76
|
0.73
|
0.71
|
58
|
0.91
|
0.80
|
0.77
|
0.74
|
0.83
|
0.73
|
0.70
|
0.68
|
0.90
|
0.79
|
0.76
|
0.73
|
59
|
0.96
|
0.84
|
0.81
|
0.78
|
0.85
|
0.75
|
0.72
|
0.70
|
0.95
|
0.83
|
0.80
|
0.77
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 1
|
|||||||||||
Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
60
|
1.02
|
0.89
|
0.85
|
0.83
|
0.88
|
0.77
|
0.75
|
0.72
|
1.01
|
0.88
|
0.84
|
0.82
|
61
|
1.07
|
0.94
|
0.90
|
0.87
|
0.91
|
0.80
|
0.77
|
0.75
|
1.05
|
0.93
|
0.89
|
0.86
|
62
|
1.13
|
0.99
|
0.95
|
0.92
|
0.94
|
0.82
|
0.79
|
0.77
|
1.11
|
0.97
|
0.93
|
0.91
|
63
|
1.19
|
1.04
|
1.00
|
0.97
|
0.98
|
0.85
|
0.82
|
0.80
|
1.17
|
1.02
|
0.98
|
0.95
|
64
|
1.25
|
1.09
|
1.05
|
1.02
|
1.02
|
0.89
|
0.85
|
0.83
|
1.23
|
1.07
|
1.03
|
1.00
|
65
|
1.31
|
1.14
|
1.10
|
1.06
|
1.06
|
0.93
|
0.89
|
0.86
|
1.29
|
1.12
|
1.08
|
1.04
|
66
|
1.37
|
1.19
|
1.15
|
1.11
|
1.11
|
0.97
|
0.93
|
0.90
|
1.34
|
1.17
|
1.13
|
1.09
|
67
|
1.43
|
1.24
|
1.19
|
1.16
|
1.16
|
1.01
|
0.97
|
0.94
|
1.40
|
1.22
|
1.17
|
1.14
|
68
|
1.49
|
1.29
|
1.24
|
1.20
|
1.22
|
1.06
|
1.02
|
0.99
|
1.46
|
1.27
|
1.22
|
1.18
|
69
|
1.55
|
1.34
|
1.29
|
1.25
|
1.28
|
1.11
|
1.07
|
1.03
|
1.52
|
1.32
|
1.27
|
1.23
|
70
|
1.61
|
1.40
|
1.34
|
1.30
|
1.34
|
1.16
|
1.12
|
1.08
|
1.58
|
1.38
|
1.32
|
1.28
|
71
|
1.67
|
1.45
|
1.39
|
1.35
|
1.40
|
1.22
|
1.17
|
1.13
|
1.64
|
1.43
|
1.37
|
1.33
|
72
|
1.74
|
1.51
|
1.45
|
1.41
|
1.47
|
1.28
|
1.23
|
1.19
|
1.71
|
1.49
|
1.43
|
1.39
|
73
|
1.81
|
1.57
|
1.51
|
1.46
|
1.54
|
1.34
|
1.28
|
1.24
|
1.78
|
1.55
|
1.49
|
1.44
|
74
|
1.89
|
1.64
|
1.57
|
1.52
|
1.61
|
1.40
|
1.34
|
1.30
|
1.86
|
1.62
|
1.55
|
1.50
|
75
|
1.97
|
1.71
|
1.64
|
1.59
|
1.69
|
1.46
|
1.40
|
1.36
|
1.94
|
1.69
|
1.62
|
1.57
|
76
|
2.05
|
1.78
|
1.70
|
1.65
|
1.75
|
1.52
|
1.45
|
1.41
|
2.02
|
1.75
|
1.68
|
1.63
|
77
|
2.14
|
1.85
|
1.77
|
1.72
|
1.82
|
1.58
|
1.51
|
1.47
|
2.11
|
1.82
|
1.74
|
1.70
|
78
|
2.23
|
1.93
|
1.85
|
1.79
|
1.90
|
1.65
|
1.58
|
1.53
|
2.20
|
1.90
|
1.82
|
1.76
|
79
|
2.33
|
2.01
|
1.93
|
1.87
|
1.98
|
1.72
|
1.64
|
1.59
|
2.30
|
1.98
|
1.90
|
1.84
|
80
|
2.43
|
2.10
|
2.01
|
1.95
|
2.07
|
1.79
|
1.71
|
1.66
|
2.39
|
2.07
|
1.98
|
1.92
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 1
|
|||||||||||
Non-Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
18
|
0.12
|
0.11
|
0.11
|
0.10
|
0.11
|
0.10
|
0.10
|
0.10
|
0.12
|
0.11
|
0.11
|
0.10
|
19
|
0.13
|
0.12
|
0.11
|
0.11
|
0.12
|
0.11
|
0.10
|
0.10
|
0.13
|
0.12
|
0.11
|
0.11
|
20
|
0.13
|
0.12
|
0.11
|
0.11
|
0.12
|
0.11
|
0.10
|
0.10
|
0.13
|
0.12
|
0.11
|
0.11
|
21
|
0.14
|
0.12
|
0.12
|
0.11
|
0.12
|
0.11
|
0.11
|
0.10
|
0.14
|
0.12
|
0.12
|
0.11
|
22
|
0.14
|
0.13
|
0.12
|
0.12
|
0.13
|
0.11
|
0.11
|
0.11
|
0.14
|
0.13
|
0.12
|
0.12
|
23
|
0.14
|
0.13
|
0.12
|
0.12
|
0.13
|
0.12
|
0.11
|
0.11
|
0.14
|
0.13
|
0.12
|
0.12
|
24
|
0.15
|
0.13
|
0.13
|
0.12
|
0.13
|
0.12
|
0.11
|
0.11
|
0.15
|
0.13
|
0.13
|
0.12
|
25
|
0.15
|
0.14
|
0.13
|
0.13
|
0.14
|
0.12
|
0.12
|
0.11
|
0.15
|
0.14
|
0.13
|
0.13
|
26
|
0.16
|
0.14
|
0.14
|
0.13
|
0.14
|
0.13
|
0.12
|
0.12
|
0.16
|
0.14
|
0.14
|
0.13
|
27
|
0.16
|
0.15
|
0.14
|
0.14
|
0.15
|
0.13
|
0.13
|
0.12
|
0.16
|
0.15
|
0.14
|
0.14
|
28
|
0.17
|
0.15
|
0.14
|
0.14
|
0.15
|
0.14
|
0.13
|
0.13
|
0.17
|
0.15
|
0.14
|
0.14
|
29
|
0.17
|
0.16
|
0.15
|
0.15
|
0.16
|
0.14
|
0.13
|
0.13
|
0.17
|
0.16
|
0.15
|
0.15
|
30
|
0.18
|
0.16
|
0.15
|
0.15
|
0.16
|
0.14
|
0.14
|
0.13
|
0.18
|
0.16
|
0.15
|
0.15
|
31
|
0.19
|
0.17
|
0.16
|
0.15
|
0.17
|
0.15
|
0.14
|
0.14
|
0.19
|
0.17
|
0.16
|
0.15
|
32
|
0.19
|
0.17
|
0.16
|
0.16
|
0.17
|
0.15
|
0.15
|
0.14
|
0.19
|
0.17
|
0.16
|
0.16
|
33
|
0.20
|
0.18
|
0.17
|
0.16
|
0.18
|
0.16
|
0.15
|
0.15
|
0.20
|
0.18
|
0.17
|
0.16
|
34
|
0.20
|
0.18
|
0.17
|
0.17
|
0.18
|
0.16
|
0.16
|
0.15
|
0.20
|
0.18
|
0.17
|
0.17
|
35
|
0.21
|
0.19
|
0.18
|
0.17
|
0.19
|
0.17
|
0.16
|
0.16
|
0.21
|
0.19
|
0.18
|
0.17
|
36
|
0.21
|
0.19
|
0.18
|
0.18
|
0.19
|
0.17
|
0.16
|
0.16
|
0.21
|
0.19
|
0.18
|
0.18
|
37
|
0.22
|
0.19
|
0.19
|
0.18
|
0.20
|
0.18
|
0.17
|
0.16
|
0.22
|
0.19
|
0.19
|
0.18
|
38
|
0.22
|
0.20
|
0.19
|
0.18
|
0.20
|
0.18
|
0.17
|
0.17
|
0.22
|
0.20
|
0.19
|
0.18
|
39
|
0.23
|
0.20
|
0.19
|
0.19
|
0.21
|
0.19
|
0.18
|
0.17
|
0.23
|
0.20
|
0.19
|
0.19
|
40
|
0.23
|
0.21
|
0.20
|
0.19
|
0.21
|
0.19
|
0.18
|
0.18
|
0.23
|
0.21
|
0.20
|
0.19
|
41
|
0.24
|
0.21
|
0.20
|
0.20
|
0.22
|
0.19
|
0.19
|
0.18
|
0.24
|
0.21
|
0.20
|
0.20
|
42
|
0.24
|
0.22
|
0.21
|
0.20
|
0.22
|
0.20
|
0.19
|
0.18
|
0.24
|
0.22
|
0.21
|
0.20
|
43
|
0.25
|
0.22
|
0.21
|
0.20
|
0.23
|
0.20
|
0.19
|
0.19
|
0.25
|
0.22
|
0.21
|
0.20
|
44
|
0.25
|
0.23
|
0.22
|
0.21
|
0.23
|
0.20
|
0.20
|
0.19
|
0.25
|
0.23
|
0.22
|
0.21
|
45
|
0.26
|
0.23
|
0.22
|
0.22
|
0.23
|
0.21
|
0.20
|
0.19
|
0.26
|
0.23
|
0.22
|
0.22
|
46
|
0.27
|
0.24
|
0.23
|
0.22
|
0.23
|
0.21
|
0.20
|
0.19
|
0.27
|
0.24
|
0.23
|
0.22
|
47
|
0.28
|
0.25
|
0.24
|
0.23
|
0.23
|
0.21
|
0.20
|
0.19
|
0.28
|
0.25
|
0.24
|
0.23
|
48
|
0.29
|
0.26
|
0.25
|
0.24
|
0.23
|
0.20
|
0.19
|
0.19
|
0.28
|
0.25
|
0.24
|
0.24
|
49
|
0.30
|
0.26
|
0.25
|
0.25
|
0.22
|
0.20
|
0.19
|
0.18
|
0.29
|
0.25
|
0.24
|
0.24
|
50
|
0.31
|
0.27
|
0.26
|
0.26
|
0.22
|
0.19
|
0.19
|
0.18
|
0.30
|
0.26
|
0.25
|
0.25
|
51
|
0.32
|
0.28
|
0.27
|
0.26
|
0.22
|
0.19
|
0.18
|
0.18
|
0.31
|
0.27
|
0.26
|
0.25
|
52
|
0.33
|
0.29
|
0.28
|
0.27
|
0.21
|
0.19
|
0.18
|
0.18
|
0.32
|
0.28
|
0.27
|
0.26
|
53
|
0.34
|
0.30
|
0.29
|
0.28
|
0.21
|
0.19
|
0.18
|
0.18
|
0.33
|
0.29
|
0.28
|
0.27
|
54
|
0.35
|
0.31
|
0.30
|
0.29
|
0.22
|
0.19
|
0.19
|
0.18
|
0.34
|
0.30
|
0.29
|
0.28
|
55
|
0.36
|
0.32
|
0.31
|
0.30
|
0.23
|
0.20
|
0.19
|
0.19
|
0.35
|
0.31
|
0.30
|
0.29
|
56
|
0.38
|
0.33
|
0.32
|
0.31
|
0.24
|
0.21
|
0.20
|
0.20
|
0.37
|
0.32
|
0.31
|
0.30
|
57
|
0.39
|
0.34
|
0.33
|
0.32
|
0.26
|
0.23
|
0.22
|
0.21
|
0.38
|
0.33
|
0.32
|
0.31
|
58
|
0.40
|
0.35
|
0.34
|
0.33
|
0.28
|
0.25
|
0.24
|
0.23
|
0.39
|
0.34
|
0.33
|
0.32
|
59
|
0.41
|
0.36
|
0.35
|
0.34
|
0.30
|
0.27
|
0.26
|
0.25
|
0.40
|
0.35
|
0.34
|
0.33
|
Transamerica® Xcelerator Exec
|
||||||||||||||
Issue Age
|
Duration 1
|
|||||||||||||
Non-Tobacco
|
||||||||||||||
Male
|
Female
|
Unisex
|
||||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|||
60
|
0.42
|
0.37
|
0.36
|
0.35
|
0.33
|
0.29
|
0.28
|
0.27
|
0.41
|
0.36
|
0.35
|
0.34
|
||
61
|
0.44
|
0.38
|
0.37
|
0.36
|
0.35
|
0.31
|
0.30
|
0.29
|
0.43
|
0.37
|
0.36
|
0.35
|
||
62
|
0.45
|
0.39
|
0.38
|
0.37
|
0.38
|
0.33
|
0.32
|
0.31
|
0.44
|
0.38
|
0.37
|
0.36
|
||
63
|
0.46
|
0.40
|
0.39
|
0.38
|
0.40
|
0.35
|
0.34
|
0.33
|
0.45
|
0.40
|
0.39
|
0.38
|
||
64
|
0.48
|
0.42
|
0.40
|
0.39
|
0.42
|
0.37
|
0.35
|
0.34
|
0.47
|
0.42
|
0.40
|
0.39
|
||
65
|
0.49
|
0.43
|
0.41
|
0.40
|
0.44
|
0.38
|
0.36
|
0.35
|
0.49
|
0.43
|
0.41
|
0.40
|
||
66
|
0.50
|
0.44
|
0.42
|
0.41
|
0.45
|
0.39
|
0.37
|
0.36
|
0.50
|
0.44
|
0.42
|
0.41
|
||
67
|
0.52
|
0.45
|
0.43
|
0.42
|
0.45
|
0.39
|
0.38
|
0.37
|
0.51
|
0.44
|
0.43
|
0.42
|
||
68
|
0.53
|
0.46
|
0.45
|
0.43
|
0.46
|
0.40
|
0.38
|
0.37
|
0.52
|
0.45
|
0.44
|
0.42
|
||
69
|
0.55
|
0.48
|
0.46
|
0.44
|
0.46
|
0.40
|
0.39
|
0.37
|
0.54
|
0.47
|
0.45
|
0.43
|
||
70
|
0.56
|
0.49
|
0.47
|
0.46
|
0.46
|
0.40
|
0.39
|
0.37
|
0.55
|
0.48
|
0.46
|
0.45
|
||
71
|
0.58
|
0.50
|
0.48
|
0.47
|
0.46
|
0.40
|
0.39
|
0.38
|
0.57
|
0.49
|
0.47
|
0.46
|
||
72
|
0.59
|
0.52
|
0.50
|
0.48
|
0.46
|
0.40
|
0.39
|
0.38
|
0.58
|
0.51
|
0.49
|
0.47
|
||
73
|
0.61
|
0.53
|
0.51
|
0.50
|
0.47
|
0.41
|
0.39
|
0.38
|
0.60
|
0.52
|
0.50
|
0.49
|
||
74
|
0.63
|
0.55
|
0.53
|
0.51
|
0.47
|
0.41
|
0.39
|
0.38
|
0.61
|
0.54
|
0.52
|
0.50
|
||
75
|
0.65
|
0.56
|
0.54
|
0.52
|
0.48
|
0.42
|
0.40
|
0.39
|
0.63
|
0.55
|
0.53
|
0.51
|
||
76
|
0.66
|
0.58
|
0.56
|
0.54
|
0.49
|
0.43
|
0.41
|
0.40
|
0.64
|
0.57
|
0.55
|
0.53
|
||
77
|
0.68
|
0.59
|
0.57
|
0.55
|
0.51
|
0.44
|
0.42
|
0.41
|
0.66
|
0.58
|
0.56
|
0.54
|
||
78
|
0.70
|
0.61
|
0.59
|
0.57
|
0.52
|
0.45
|
0.43
|
0.42
|
0.68
|
0.59
|
0.57
|
0.56
|
||
79
|
0.72
|
0.63
|
0.60
|
0.59
|
0.53
|
0.46
|
0.44
|
0.43
|
0.70
|
0.61
|
0.58
|
0.57
|
||
80
|
0.75
|
0.65
|
0.62
|
0.60
|
0.55
|
0.47
|
0.46
|
0.44
|
0.73
|
0.63
|
0.60
|
0.58
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 2-8 (Current) / Duration 2+ (Guaranteed)
|
|||||||||||
Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
18
|
0.31
|
0.28
|
0.27
|
0.26
|
0.27
|
0.25
|
0.24
|
0.23
|
0.31
|
0.28
|
0.27
|
0.26
|
19
|
0.32
|
0.29
|
0.28
|
0.28
|
0.28
|
0.26
|
0.25
|
0.24
|
0.32
|
0.29
|
0.28
|
0.28
|
20
|
0.34
|
0.31
|
0.30
|
0.29
|
0.30
|
0.27
|
0.26
|
0.26
|
0.34
|
0.31
|
0.30
|
0.29
|
21
|
0.36
|
0.32
|
0.31
|
0.30
|
0.31
|
0.28
|
0.28
|
0.27
|
0.36
|
0.32
|
0.31
|
0.30
|
22
|
0.37
|
0.34
|
0.33
|
0.32
|
0.33
|
0.30
|
0.29
|
0.28
|
0.37
|
0.34
|
0.33
|
0.32
|
23
|
0.39
|
0.36
|
0.34
|
0.33
|
0.34
|
0.31
|
0.30
|
0.30
|
0.39
|
0.36
|
0.34
|
0.33
|
24
|
0.41
|
0.37
|
0.36
|
0.35
|
0.36
|
0.33
|
0.32
|
0.31
|
0.41
|
0.37
|
0.36
|
0.35
|
25
|
0.43
|
0.39
|
0.38
|
0.37
|
0.38
|
0.34
|
0.33
|
0.32
|
0.43
|
0.39
|
0.38
|
0.37
|
26
|
0.45
|
0.41
|
0.40
|
0.38
|
0.40
|
0.36
|
0.35
|
0.34
|
0.45
|
0.41
|
0.40
|
0.38
|
27
|
0.47
|
0.43
|
0.41
|
0.40
|
0.41
|
0.37
|
0.36
|
0.35
|
0.46
|
0.42
|
0.41
|
0.40
|
28
|
0.49
|
0.45
|
0.43
|
0.42
|
0.43
|
0.39
|
0.38
|
0.37
|
0.48
|
0.44
|
0.43
|
0.42
|
29
|
0.52
|
0.47
|
0.45
|
0.44
|
0.45
|
0.40
|
0.39
|
0.38
|
0.51
|
0.46
|
0.44
|
0.43
|
30
|
0.54
|
0.49
|
0.47
|
0.45
|
0.47
|
0.42
|
0.41
|
0.40
|
0.53
|
0.48
|
0.46
|
0.45
|
31
|
0.56
|
0.51
|
0.49
|
0.47
|
0.49
|
0.44
|
0.43
|
0.42
|
0.55
|
0.50
|
0.48
|
0.47
|
32
|
0.59
|
0.53
|
0.51
|
0.50
|
0.51
|
0.46
|
0.45
|
0.44
|
0.58
|
0.52
|
0.50
|
0.49
|
33
|
0.62
|
0.56
|
0.54
|
0.52
|
0.53
|
0.48
|
0.47
|
0.46
|
0.61
|
0.55
|
0.53
|
0.51
|
34
|
0.65
|
0.59
|
0.57
|
0.55
|
0.56
|
0.51
|
0.49
|
0.48
|
0.64
|
0.58
|
0.56
|
0.54
|
35
|
0.69
|
0.62
|
0.60
|
0.58
|
0.59
|
0.54
|
0.52
|
0.51
|
0.68
|
0.61
|
0.59
|
0.57
|
36
|
0.74
|
0.67
|
0.64
|
0.62
|
0.63
|
0.57
|
0.55
|
0.54
|
0.73
|
0.66
|
0.63
|
0.61
|
37
|
0.79
|
0.71
|
0.68
|
0.66
|
0.67
|
0.60
|
0.59
|
0.57
|
0.78
|
0.70
|
0.67
|
0.65
|
38
|
0.84
|
0.76
|
0.73
|
0.71
|
0.71
|
0.64
|
0.62
|
0.60
|
0.83
|
0.75
|
0.72
|
0.70
|
39
|
0.90
|
0.82
|
0.79
|
0.76
|
0.76
|
0.68
|
0.66
|
0.64
|
0.89
|
0.81
|
0.78
|
0.75
|
40
|
0.97
|
0.87
|
0.84
|
0.82
|
0.80
|
0.73
|
0.70
|
0.68
|
0.95
|
0.86
|
0.83
|
0.81
|
41
|
1.03
|
0.93
|
0.89
|
0.87
|
0.85
|
0.77
|
0.74
|
0.72
|
1.01
|
0.91
|
0.88
|
0.86
|
42
|
1.09
|
0.99
|
0.95
|
0.92
|
0.90
|
0.82
|
0.78
|
0.76
|
1.07
|
0.97
|
0.93
|
0.90
|
43
|
1.15
|
1.04
|
1.00
|
0.97
|
0.95
|
0.86
|
0.83
|
0.80
|
1.13
|
1.02
|
0.98
|
0.95
|
44
|
1.21
|
1.09
|
1.05
|
1.02
|
1.00
|
0.91
|
0.87
|
0.84
|
1.19
|
1.07
|
1.03
|
1.00
|
45
|
1.26
|
1.14
|
1.09
|
1.06
|
1.05
|
0.95
|
0.91
|
0.89
|
1.24
|
1.12
|
1.07
|
1.04
|
46
|
1.30
|
1.17
|
1.13
|
1.10
|
1.10
|
1.00
|
0.96
|
0.93
|
1.28
|
1.15
|
1.11
|
1.08
|
47
|
1.33
|
1.20
|
1.15
|
1.12
|
1.15
|
1.04
|
1.00
|
0.97
|
1.31
|
1.18
|
1.14
|
1.11
|
48
|
1.35
|
1.22
|
1.17
|
1.14
|
1.19
|
1.08
|
1.04
|
1.01
|
1.33
|
1.21
|
1.16
|
1.13
|
49
|
1.38
|
1.24
|
1.19
|
1.16
|
1.24
|
1.12
|
1.08
|
1.04
|
1.37
|
1.23
|
1.18
|
1.15
|
50
|
1.40
|
1.26
|
1.21
|
1.17
|
1.29
|
1.16
|
1.12
|
1.09
|
1.39
|
1.25
|
1.20
|
1.16
|
51
|
1.42
|
1.28
|
1.23
|
1.19
|
1.34
|
1.21
|
1.16
|
1.13
|
1.41
|
1.27
|
1.22
|
1.18
|
52
|
1.46
|
1.31
|
1.26
|
1.22
|
1.39
|
1.25
|
1.21
|
1.17
|
1.45
|
1.30
|
1.26
|
1.22
|
53
|
1.51
|
1.36
|
1.30
|
1.26
|
1.45
|
1.31
|
1.26
|
1.22
|
1.50
|
1.36
|
1.30
|
1.26
|
54
|
1.57
|
1.41
|
1.35
|
1.31
|
1.52
|
1.37
|
1.32
|
1.28
|
1.57
|
1.41
|
1.35
|
1.31
|
55
|
1.66
|
1.49
|
1.42
|
1.38
|
1.59
|
1.43
|
1.38
|
1.34
|
1.65
|
1.48
|
1.42
|
1.38
|
56
|
1.77
|
1.59
|
1.52
|
1.47
|
1.67
|
1.50
|
1.45
|
1.41
|
1.76
|
1.58
|
1.51
|
1.46
|
57
|
1.89
|
1.70
|
1.62
|
1.58
|
1.75
|
1.57
|
1.52
|
1.47
|
1.88
|
1.69
|
1.61
|
1.57
|
58
|
2.04
|
1.82
|
1.75
|
1.69
|
1.84
|
1.65
|
1.59
|
1.55
|
2.02
|
1.80
|
1.73
|
1.68
|
59
|
2.19
|
1.96
|
1.88
|
1.82
|
1.93
|
1.73
|
1.67
|
1.62
|
2.16
|
1.94
|
1.86
|
1.80
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 2-8 (Current) / Duration 2+ (Guaranteed)
|
|||||||||||
Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
60
|
2.35
|
2.10
|
2.02
|
1.96
|
2.03
|
1.82
|
1.75
|
1.70
|
2.32
|
2.07
|
1.99
|
1.93
|
61
|
2.52
|
2.25
|
2.16
|
2.10
|
2.13
|
1.91
|
1.84
|
1.78
|
2.48
|
2.22
|
2.13
|
2.07
|
62
|
2.70
|
2.41
|
2.31
|
2.24
|
2.24
|
2.01
|
1.93
|
1.87
|
2.65
|
2.37
|
2.27
|
2.20
|
63
|
2.88
|
2.56
|
2.46
|
2.39
|
2.35
|
2.11
|
2.03
|
1.97
|
2.83
|
2.52
|
2.42
|
2.35
|
64
|
3.05
|
2.71
|
2.61
|
2.53
|
2.47
|
2.22
|
2.13
|
2.07
|
2.99
|
2.66
|
2.56
|
2.48
|
65
|
3.22
|
2.86
|
2.76
|
2.67
|
2.60
|
2.33
|
2.24
|
2.17
|
3.16
|
2.81
|
2.71
|
2.62
|
66
|
3.38
|
3.01
|
2.90
|
2.81
|
2.74
|
2.45
|
2.35
|
2.28
|
3.32
|
2.95
|
2.85
|
2.76
|
67
|
3.54
|
3.14
|
3.03
|
2.94
|
2.88
|
2.58
|
2.47
|
2.40
|
3.47
|
3.08
|
2.97
|
2.89
|
68
|
3.69
|
3.28
|
3.16
|
3.06
|
3.02
|
2.70
|
2.59
|
2.51
|
3.62
|
3.22
|
3.10
|
3.01
|
69
|
3.84
|
3.42
|
3.29
|
3.19
|
3.17
|
2.84
|
2.72
|
2.64
|
3.77
|
3.36
|
3.23
|
3.14
|
70
|
4.00
|
3.56
|
3.42
|
3.32
|
3.33
|
2.98
|
2.86
|
2.77
|
3.93
|
3.50
|
3.36
|
3.27
|
71
|
4.17
|
3.70
|
3.56
|
3.45
|
3.49
|
3.13
|
3.00
|
2.90
|
4.10
|
3.64
|
3.50
|
3.40
|
72
|
4.35
|
3.86
|
3.71
|
3.60
|
3.67
|
3.28
|
3.15
|
3.05
|
4.28
|
3.80
|
3.65
|
3.55
|
73
|
4.54
|
4.03
|
3.88
|
3.76
|
3.85
|
3.45
|
3.30
|
3.20
|
4.47
|
3.97
|
3.82
|
3.70
|
74
|
4.75
|
4.22
|
4.05
|
3.93
|
4.05
|
3.62
|
3.47
|
3.36
|
4.68
|
4.16
|
3.99
|
3.87
|
75
|
4.98
|
4.42
|
4.25
|
4.12
|
4.26
|
3.81
|
3.65
|
3.53
|
4.91
|
4.36
|
4.19
|
4.06
|
76
|
5.22
|
4.63
|
4.45
|
4.31
|
4.45
|
3.98
|
3.80
|
3.68
|
5.14
|
4.57
|
4.39
|
4.25
|
77
|
5.48
|
4.86
|
4.67
|
4.53
|
4.67
|
4.17
|
3.99
|
3.86
|
5.40
|
4.79
|
4.60
|
4.46
|
78
|
5.75
|
5.10
|
4.90
|
4.75
|
4.90
|
4.38
|
4.19
|
4.05
|
5.67
|
5.03
|
4.83
|
4.68
|
79
|
6.04
|
5.35
|
5.14
|
4.98
|
5.14
|
4.59
|
4.39
|
4.25
|
5.95
|
5.27
|
5.07
|
4.91
|
80
|
6.34
|
5.61
|
5.40
|
5.23
|
5.39
|
4.82
|
4.60
|
4.45
|
6.25
|
5.53
|
5.32
|
5.15
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 2-8 (Current) / Duration 2+ (Guaranteed)
|
|||||||||||
Non-Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
18
|
0.22
|
0.20
|
0.19
|
0.19
|
0.20
|
0.18
|
0.17
|
0.17
|
0.22
|
0.20
|
0.19
|
0.19
|
19
|
0.23
|
0.21
|
0.20
|
0.19
|
0.21
|
0.19
|
0.18
|
0.17
|
0.23
|
0.21
|
0.20
|
0.19
|
20
|
0.23
|
0.21
|
0.20
|
0.20
|
0.21
|
0.19
|
0.18
|
0.18
|
0.23
|
0.21
|
0.20
|
0.20
|
21
|
0.24
|
0.22
|
0.21
|
0.20
|
0.22
|
0.20
|
0.19
|
0.18
|
0.24
|
0.22
|
0.21
|
0.20
|
22
|
0.25
|
0.23
|
0.22
|
0.21
|
0.22
|
0.20
|
0.20
|
0.19
|
0.25
|
0.23
|
0.22
|
0.21
|
23
|
0.26
|
0.23
|
0.22
|
0.22
|
0.23
|
0.21
|
0.20
|
0.20
|
0.26
|
0.23
|
0.22
|
0.22
|
24
|
0.27
|
0.24
|
0.23
|
0.23
|
0.24
|
0.22
|
0.21
|
0.20
|
0.27
|
0.24
|
0.23
|
0.23
|
25
|
0.28
|
0.25
|
0.24
|
0.23
|
0.25
|
0.23
|
0.22
|
0.21
|
0.28
|
0.25
|
0.24
|
0.23
|
26
|
0.29
|
0.26
|
0.25
|
0.24
|
0.26
|
0.24
|
0.23
|
0.22
|
0.29
|
0.26
|
0.25
|
0.24
|
27
|
0.30
|
0.27
|
0.26
|
0.25
|
0.27
|
0.25
|
0.24
|
0.23
|
0.30
|
0.27
|
0.26
|
0.25
|
28
|
0.32
|
0.29
|
0.27
|
0.27
|
0.28
|
0.26
|
0.25
|
0.24
|
0.32
|
0.29
|
0.27
|
0.27
|
29
|
0.33
|
0.30
|
0.29
|
0.28
|
0.30
|
0.27
|
0.26
|
0.25
|
0.33
|
0.30
|
0.29
|
0.28
|
30
|
0.34
|
0.31
|
0.30
|
0.29
|
0.31
|
0.28
|
0.27
|
0.26
|
0.34
|
0.31
|
0.30
|
0.29
|
31
|
0.36
|
0.33
|
0.31
|
0.30
|
0.32
|
0.29
|
0.28
|
0.27
|
0.36
|
0.33
|
0.31
|
0.30
|
32
|
0.37
|
0.34
|
0.33
|
0.32
|
0.34
|
0.30
|
0.29
|
0.28
|
0.37
|
0.34
|
0.33
|
0.32
|
33
|
0.39
|
0.35
|
0.34
|
0.33
|
0.35
|
0.32
|
0.30
|
0.30
|
0.39
|
0.35
|
0.34
|
0.33
|
34
|
0.40
|
0.36
|
0.35
|
0.34
|
0.36
|
0.33
|
0.31
|
0.31
|
0.40
|
0.36
|
0.35
|
0.34
|
35
|
0.42
|
0.38
|
0.36
|
0.35
|
0.38
|
0.34
|
0.32
|
0.32
|
0.42
|
0.38
|
0.36
|
0.35
|
36
|
0.43
|
0.39
|
0.37
|
0.36
|
0.39
|
0.35
|
0.33
|
0.32
|
0.43
|
0.39
|
0.37
|
0.36
|
37
|
0.44
|
0.40
|
0.38
|
0.37
|
0.40
|
0.36
|
0.34
|
0.33
|
0.44
|
0.40
|
0.38
|
0.37
|
38
|
0.46
|
0.41
|
0.40
|
0.38
|
0.41
|
0.37
|
0.35
|
0.34
|
0.46
|
0.41
|
0.40
|
0.38
|
39
|
0.47
|
0.42
|
0.41
|
0.40
|
0.42
|
0.38
|
0.36
|
0.35
|
0.47
|
0.42
|
0.41
|
0.40
|
40
|
0.48
|
0.43
|
0.42
|
0.41
|
0.43
|
0.39
|
0.37
|
0.36
|
0.48
|
0.43
|
0.42
|
0.41
|
41
|
0.49
|
0.45
|
0.43
|
0.42
|
0.44
|
0.40
|
0.38
|
0.37
|
0.49
|
0.45
|
0.43
|
0.42
|
42
|
0.50
|
0.45
|
0.44
|
0.43
|
0.45
|
0.41
|
0.39
|
0.38
|
0.50
|
0.45
|
0.44
|
0.43
|
43
|
0.51
|
0.46
|
0.45
|
0.43
|
0.46
|
0.41
|
0.40
|
0.39
|
0.51
|
0.46
|
0.45
|
0.43
|
44
|
0.52
|
0.47
|
0.45
|
0.44
|
0.47
|
0.42
|
0.40
|
0.39
|
0.52
|
0.47
|
0.45
|
0.44
|
45
|
0.53
|
0.48
|
0.46
|
0.45
|
0.47
|
0.43
|
0.41
|
0.40
|
0.52
|
0.48
|
0.46
|
0.45
|
46
|
0.53
|
0.48
|
0.46
|
0.45
|
0.47
|
0.43
|
0.41
|
0.40
|
0.52
|
0.48
|
0.46
|
0.45
|
47
|
0.53
|
0.47
|
0.46
|
0.44
|
0.47
|
0.42
|
0.41
|
0.39
|
0.52
|
0.47
|
0.46
|
0.44
|
48
|
0.52
|
0.47
|
0.45
|
0.44
|
0.46
|
0.42
|
0.40
|
0.39
|
0.51
|
0.47
|
0.45
|
0.44
|
49
|
0.51
|
0.46
|
0.44
|
0.43
|
0.45
|
0.41
|
0.39
|
0.38
|
0.50
|
0.46
|
0.44
|
0.43
|
50
|
0.50
|
0.45
|
0.43
|
0.42
|
0.44
|
0.40
|
0.38
|
0.37
|
0.49
|
0.45
|
0.43
|
0.42
|
51
|
0.49
|
0.44
|
0.42
|
0.41
|
0.43
|
0.39
|
0.38
|
0.36
|
0.48
|
0.44
|
0.42
|
0.41
|
52
|
0.49
|
0.44
|
0.42
|
0.41
|
0.43
|
0.39
|
0.37
|
0.36
|
0.48
|
0.44
|
0.42
|
0.41
|
53
|
0.49
|
0.44
|
0.42
|
0.41
|
0.44
|
0.39
|
0.38
|
0.37
|
0.49
|
0.44
|
0.42
|
0.41
|
54
|
0.50
|
0.45
|
0.44
|
0.42
|
0.45
|
0.40
|
0.39
|
0.38
|
0.50
|
0.45
|
0.44
|
0.42
|
55
|
0.53
|
0.48
|
0.46
|
0.45
|
0.47
|
0.43
|
0.41
|
0.40
|
0.52
|
0.48
|
0.46
|
0.45
|
56
|
0.57
|
0.52
|
0.50
|
0.48
|
0.51
|
0.46
|
0.44
|
0.43
|
0.56
|
0.51
|
0.49
|
0.48
|
57
|
0.63
|
0.57
|
0.54
|
0.53
|
0.56
|
0.50
|
0.48
|
0.47
|
0.62
|
0.56
|
0.53
|
0.52
|
58
|
0.70
|
0.63
|
0.60
|
0.58
|
0.62
|
0.56
|
0.54
|
0.52
|
0.69
|
0.62
|
0.59
|
0.57
|
59
|
0.78
|
0.70
|
0.67
|
0.65
|
0.69
|
0.62
|
0.59
|
0.58
|
0.77
|
0.69
|
0.66
|
0.64
|
Transamerica® Xcelerator Exec
|
||||||||||||
Issue Age
|
Duration 2-8 (Current) / Duration 2+ (Guaranteed)
|
|||||||||||
Non-Tobacco
|
||||||||||||
Male
|
Female
|
Unisex
|
||||||||||
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
Band 1
|
Band 2
|
Band 3
|
Band 4
|
|
60
|
0.86
|
0.77
|
0.74
|
0.71
|
0.76
|
0.68
|
0.66
|
0.64
|
0.85
|
0.76
|
0.73
|
0.70
|
61
|
0.94
|
0.84
|
0.81
|
0.78
|
0.83
|
0.75
|
0.72
|
0.70
|
0.93
|
0.83
|
0.80
|
0.77
|
62
|
1.02
|
0.91
|
0.87
|
0.85
|
0.90
|
0.81
|
0.78
|
0.75
|
1.01
|
0.90
|
0.86
|
0.84
|
63
|
1.09
|
0.97
|
0.94
|
0.91
|
0.97
|
0.87
|
0.83
|
0.81
|
1.08
|
0.96
|
0.93
|
0.90
|
64
|
1.15
|
1.03
|
0.99
|
0.96
|
1.02
|
0.92
|
0.88
|
0.85
|
1.14
|
1.02
|
0.98
|
0.95
|
65
|
1.20
|
1.07
|
1.03
|
1.00
|
1.07
|
0.95
|
0.92
|
0.89
|
1.19
|
1.06
|
1.02
|
0.99
|
66
|
1.23
|
1.10
|
1.06
|
1.03
|
1.10
|
0.98
|
0.94
|
0.91
|
1.22
|
1.09
|
1.05
|
1.02
|
67
|
1.26
|
1.12
|
1.08
|
1.05
|
1.12
|
1.00
|
0.96
|
0.93
|
1.25
|
1.11
|
1.07
|
1.04
|
68
|
1.27
|
1.14
|
1.09
|
1.06
|
1.13
|
1.01
|
0.97
|
0.94
|
1.26
|
1.13
|
1.08
|
1.05
|
69
|
1.28
|
1.15
|
1.10
|
1.07
|
1.14
|
1.02
|
0.98
|
0.95
|
1.27
|
1.14
|
1.09
|
1.06
|
70
|
1.29
|
1.15
|
1.10
|
1.07
|
1.14
|
1.02
|
0.98
|
0.95
|
1.28
|
1.14
|
1.09
|
1.06
|
71
|
1.29
|
1.15
|
1.11
|
1.08
|
1.14
|
1.02
|
0.98
|
0.95
|
1.28
|
1.14
|
1.10
|
1.07
|
72
|
1.30
|
1.16
|
1.11
|
1.08
|
1.15
|
1.03
|
0.99
|
0.96
|
1.29
|
1.15
|
1.10
|
1.07
|
73
|
1.31
|
1.17
|
1.12
|
1.09
|
1.16
|
1.04
|
1.00
|
0.97
|
1.30
|
1.16
|
1.11
|
1.08
|
74
|
1.33
|
1.19
|
1.14
|
1.10
|
1.17
|
1.05
|
1.01
|
0.98
|
1.31
|
1.18
|
1.13
|
1.09
|
75
|
1.35
|
1.21
|
1.16
|
1.13
|
1.20
|
1.07
|
1.03
|
1.00
|
1.34
|
1.20
|
1.15
|
1.12
|
76
|
1.41
|
1.26
|
1.21
|
1.17
|
1.24
|
1.11
|
1.07
|
1.04
|
1.39
|
1.25
|
1.20
|
1.16
|
77
|
1.45
|
1.30
|
1.25
|
1.21
|
1.28
|
1.15
|
1.10
|
1.07
|
1.43
|
1.29
|
1.24
|
1.20
|
78
|
1.50
|
1.34
|
1.29
|
1.25
|
1.32
|
1.19
|
1.14
|
1.10
|
1.48
|
1.33
|
1.28
|
1.24
|
79
|
1.55
|
1.38
|
1.33
|
1.29
|
1.37
|
1.22
|
1.18
|
1.14
|
1.53
|
1.36
|
1.32
|
1.28
|
80
|
1.60
|
1.43
|
1.37
|
1.33
|
1.41
|
1.26
|
1.21
|
1.18
|
1.58
|
1.41
|
1.35
|
1.32
|
Transaction Type
|
Direct or Send to
|
Telephonic Transaction
|
1-727- 299-1800 or 1-800-851-9777 (toll free)
|
Facsimile Transaction
|
1-727-299-1648 (subaccount transfers only)
1-727-299-1620 (all other facsimile transactions)
|
Electronic Transaction
|
www.premier.transamerica.com
|
All payments made by check, and all claims, correspondence and notices
|
Mailing Address: 4333 Edgewood Road, N.E., Cedar Rapids, Iowa 52499
|
The Policy – General Provisions
|
1
|
Ownership Rights
|
1
|
Our Right to Contest the Policy
|
2
|
Suicide Exclusion
|
2
|
Misstatement of Age or Gender
|
2
|
Modifying the Policy
|
2
|
Mixed and Shared Funding
|
2
|
Addition, Deletion, or Substitution of Portfolios
|
3
|
Death Benefit
|
3
|
Additional Information
|
3
|
Additional Information about Transamerica Premier and the Separate Account
|
3
|
Legal Matters
|
4
|
Variations in Policy Provisions
|
4
|
Personalized Illustrations of Policy Benefits
|
4
|
Sale of the Policies
|
4
|
Reports to Owners
|
5
|
Records
|
5
|
Independent Registered Public Accounting Firm
|
5
|
Underwriters
|
5
|
Underwriting Standards
|
5
|
Performance Data
|
6
|
Other Performance Data in Advertising Sales Literature
|
6
|
Transamerica Premier's Published Ratings
|
6
|
Hypothetical In Force Illustrations
|
6
|
Financial Statements
|
6
|
WRL Series Life Account Financials
|
S-1
|
Transamerica Premier Audited Financials
|
G-1
|
Changing the Owner
|
·
|
Change the owner by providing written notice, in good order, at our mailing address at any time while the insured is alive and the Policy is in force.
|
·
|
Change is effective as of the date that the written notice is accepted by us, in good order, at our mailing address.
|
|
·
|
Changing the owner does not automatically change the beneficiary.
|
|
·
|
Changing the owner may have tax consequences. You should consult a tax advisor before changing the owner.
|
|
·
|
We are not liable for payments we made before we received the written notice at our mailing address.
|
Choosing the Beneficiary
|
·
|
The owner designates the beneficiary (the person to receive the death benefit when the insured dies) in the application.
|
·
|
If the owner designates more than one beneficiary, then each beneficiary shares equally in any death benefit proceeds unless the beneficiary designation states otherwise.
|
|
·
|
If the beneficiary dies before the insured, then any contingent beneficiary becomes the beneficiary.
|
|
·
|
If both the beneficiary and contingent beneficiary die before the insured, then the death benefit will be paid to the owner or the owner's estate upon the insured's death.
|
Changing the Beneficiary
|
·
|
The owner changes the beneficiary by providing written notice to us, in good order, at our mailing address.
|
·
|
Change is effective as of the date the owner signs the written notice.
|
|
·
|
We are not liable for any payments we made before we received the written notice at our mailing address.
|
Assigning the Policy
|
·
|
The owner may assign Policy rights while the insured is alive.
|
|
·
|
The owner retains any ownership rights that are not assigned.
|
||
·
|
Assignee may not change the owner or the beneficiary, and may not elect or change an optional method of payment. Any amount payable to the assignee will be paid in a lump sum.
|
||
·
|
Claims under any assignment are subject to proof of interest and the extent of the assignment.
|
||
·
|
We are not:
|
||
>
|
bound by any assignment unless we receive a written notice of the assignment at our mailing address;
|
||
>
|
responsible for the validity of any assignment;
|
||
>
|
liable for any payment we made before we received written notice of the assignment at our mailing address; or
|
||
>
|
bound by any assignment which results in adverse tax consequences to the owner, insured(s) or beneficiary (ies).
|
||
·
|
Assigning the Policy may have tax consequences. You should consult a tax advisor before assigning the Policy.
|
Selecting the tax test
|
·
|
The owner may elect either the guideline premium test or the cash value accumulation test. Your election may affect the amount of the death benefit payable under your Policy, the amount of premiums you may pay, and the amount of your monthly deduction.
|
>
|
the current cash value
|
>
|
any activity since the last report
|
>
|
the current net surrender value
|
>
|
projected values
|
>
|
the current death benefit
|
>
|
investment experience of each subaccount
|
>
|
outstanding loans
|
>
|
any other information required by law
|
·
|
preferred elite;
|
·
|
preferred plus;
|
·
|
preferred;
|
·
|
non-tobacco;
|
·
|
preferred tobacco;
|
·
|
tobacco; and
|
·
|
juvenile – under 18.
|
We may compare each subaccount's performance to the performance of
|
||
·
|
other variable life issuers in general;
|
|
·
|
variable life insurance policies which invest in mutual funds with similar investment objectives and policies, as reported by Lipper Analytical Services, Inc. ("Lipper") and Morningstar, Inc. ("Morningstar"); and other services, companies, individuals, or industry or financial publications (e.g., Forbes, Money, The Wall Street Journal, Business Week, Barron's, Kiplinger's Personal Finance, and Fortune);
|
|
>
|
Lipper and Morningstar rank variable annuity contracts and variable life policies. Their performance analysis ranks such policies and contracts on the basis of total return, and assumes reinvestment of distributions; but it does not show sales charges, redemption fees or certain expense deductions at the separate account level.
|
|
·
|
the Standard & Poor's Index of 500 Common Stocks, or other widely recognized indices;
|
|
>
|
unmanaged indices may assume the reinvestment of dividends, but usually do not reflect deductions for the expenses of operating or managing an investment portfolio; or
|
|
·
|
other types of investments, such as:
|
|
>
|
certificates of deposit;
|
|
>
|
savings accounts and U.S. Treasuries;
|
|
>
|
certain interest rate and inflation indices (e.g., the Consumer Price Index); or
|
|
>
|
indices measuring the performance of a defined group of securities recognized by investors as representing a particular segment of the securities markets (e.g., Nasdaq 100 Index, NYSE Acra Oil Index, Morgan Stanley High-Technology 35 Index, PHLX Gold/Silver Index, or S&P 100 Index).
|
Transamerica Premier Life Insurance Company
|
||||||||||||||
WRL Series Life Account
|
||||||||||||||
Statements of Assets and Liabilities
|
||||||||||||||
December 31, 2015
|
||||||||||||||
Subaccount
|
Number of Shares
|
Cost
|
Assets at Market Value
|
Due (to)/from General Account
|
Net Assets
|
Units Outstanding
|
Range of Unit Values
|
|||||||
AB Balanced Wealth Strategy Class B Shares
|
235,005.165
|
$
|
2,821,139
|
$
|
2,554,506
|
$
|
(1)
|
$
|
2,554,505
|
143,029
|
$
|
13.254389
|
$
|
19.166098
|
Access VP High Yield
|
101,484.644
|
2,944,571
|
2,791,843
|
(2)
|
2,791,841
|
172,093
|
12.769775
|
17.947898
|
||||||
Fidelity® VIP Contrafund® Service Class 2
|
627,258.012
|
18,268,144
|
20,862,601
|
(17)
|
20,862,584
|
985,254
|
15.625946
|
22.106517
|
||||||
Fidelity® VIP Equity-Income Service Class 2
|
491,871.491
|
10,792,637
|
9,857,105
|
1
|
9,857,106
|
535,288
|
14.675861
|
18.786194
|
||||||
Fidelity® VIP Growth Opportunities Service Class 2
|
227,872.839
|
5,614,660
|
7,155,207
|
4
|
7,155,211
|
458,127
|
15.392537
|
18.562505
|
||||||
Fidelity® VIP Index 500 Service Class 2
|
143,723.349
|
26,109,918
|
29,355,494
|
(10)
|
29,355,484
|
1,431,885
|
16.624242
|
21.964418
|
||||||
Franklin Founding Funds Allocation Class 4 Shares
|
316,477.725
|
2,413,248
|
2,174,202
|
1
|
2,174,203
|
121,175
|
12.669208
|
19.210804
|
||||||
ProFund VP Asia 30
|
72,934.203
|
3,883,360
|
3,462,187
|
(2)
|
3,462,185
|
435,476
|
7.865366
|
8.833430
|
||||||
ProFund VP Basic Materials
|
50,298.088
|
2,664,886
|
2,414,811
|
20
|
2,414,831
|
273,931
|
8.519577
|
9.381659
|
||||||
ProFund VP Bull
|
165,499.161
|
6,870,006
|
6,714,301
|
(3)
|
6,714,298
|
428,545
|
14.814011
|
15.874204
|
||||||
ProFund VP Consumer Services
|
70,748.279
|
4,283,354
|
4,223,672
|
(1)
|
4,223,671
|
190,269
|
20.043031
|
23.959168
|
||||||
ProFund VP Emerging Markets
|
134,097.315
|
3,264,165
|
2,529,075
|
6
|
2,529,081
|
461,587
|
5.378120
|
6.596509
|
||||||
ProFund VP Europe 30
|
56,179.643
|
1,273,927
|
1,117,413
|
1
|
1,117,414
|
136,433
|
8.028034
|
9.728490
|
||||||
ProFund VP Falling U.S. Dollar
|
23,114.183
|
519,727
|
505,045
|
(3)
|
505,042
|
76,535
|
6.012015
|
7.228687
|
||||||
ProFund VP Financials
|
96,766.537
|
2,926,943
|
2,994,924
|
49
|
2,994,973
|
287,364
|
10.043542
|
14.957350
|
||||||
ProFund VP International
|
67,853.286
|
1,441,210
|
1,319,746
|
27
|
1,319,773
|
162,334
|
7.962022
|
10.063478
|
||||||
ProFund VP Japan
|
253,114.843
|
2,873,273
|
2,766,545
|
2
|
2,766,547
|
259,368
|
10.105347
|
15.554030
|
||||||
ProFund VP Mid-Cap
|
103,009.472
|
3,273,831
|
3,034,659
|
69
|
3,034,728
|
204,135
|
13.827950
|
15.974209
|
||||||
ProFund VP Money Market
|
16,093,661.380
|
16,093,661
|
16,093,661
|
(17)
|
16,093,644
|
1,630,675
|
8.972833
|
10.551661
|
||||||
ProFund VP NASDAQ-100
|
333,470.534
|
10,487,606
|
10,857,801
|
7
|
10,857,808
|
445,017
|
18.671482
|
25.892546
|
||||||
ProFund VP Oil & Gas
|
207,934.985
|
8,521,808
|
6,554,111
|
(2)
|
6,554,109
|
900,764
|
6.419862
|
7.810705
|
||||||
ProFund VP Pharmaceuticals
|
235,705.988
|
9,342,338
|
9,303,315
|
2
|
9,303,317
|
455,798
|
20.271887
|
21.747578
|
||||||
ProFund VP Precious Metals
|
235,496.138
|
3,215,372
|
2,835,374
|
(3)
|
2,835,371
|
1,280,202
|
2.194507
|
2.354595
|
||||||
ProFund VP Short Emerging Markets
|
51,609.640
|
721,165
|
724,599
|
6
|
724,605
|
122,578
|
4.781906
|
9.869655
|
||||||
ProFund VP Short International
|
34,575.158
|
442,003
|
439,796
|
1
|
439,797
|
95,098
|
4.074491
|
6.515963
|
||||||
ProFund VP Short NASDAQ-100
|
44,145.625
|
773,951
|
750,476
|
2
|
750,478
|
362,766
|
1.974656
|
3.739762
|
||||||
ProFund VP Short Small-Cap
|
32,105.220
|
613,284
|
619,952
|
-
|
619,952
|
263,480
|
2.169770
|
4.710629
|
||||||
ProFund VP Small-Cap
|
121,199.910
|
3,869,025
|
3,577,821
|
80
|
3,577,901
|
244,845
|
13.519258
|
14.925107
|
||||||
ProFund VP Small-Cap Value
|
56,484.846
|
2,176,180
|
2,027,806
|
43
|
2,027,849
|
136,649
|
14.175543
|
15.919336
|
||||||
ProFund VP Telecommunications
|
121,966.997
|
1,047,765
|
1,037,939
|
(1)
|
1,037,938
|
83,864
|
12.232757
|
13.600350
|
||||||
ProFund VP U.S. Government Plus
|
178,143.152
|
4,250,333
|
4,052,757
|
113
|
4,052,870
|
256,958
|
14.988349
|
16.916770
|
||||||
ProFund VP UltraNASDAQ-100
|
223,765.927
|
15,808,856
|
15,594,247
|
(6)
|
15,594,241
|
617,642
|
24.629097
|
25.726415
|
||||||
ProFund VP UltraSmall-Cap
|
315,796.719
|
6,438,473
|
5,703,289
|
4
|
5,703,293
|
395,475
|
14.117232
|
16.575309
|
||||||
ProFund VP Utilities
|
82,223.335
|
3,340,793
|
3,258,511
|
(3)
|
3,258,508
|
247,102
|
11.934466
|
15.142113
|
||||||
TA AB Dynamic Allocation Initial Class
|
349,474.395
|
3,101,680
|
3,288,554
|
(16)
|
3,288,538
|
203,856
|
10.902666
|
17.454374
|
||||||
TA Aegon High Yield Bond Initial Class
|
1,942,426.351
|
15,579,244
|
14,024,318
|
2
|
14,024,320
|
744,419
|
12.330217
|
19.987420
|
||||||
TA Aegon Money Market Initial Class
|
36,829,773.420
|
36,829,773
|
36,829,773
|
(40)
|
36,829,733
|
2,289,766
|
9.043853
|
20.037862
|
||||||
TA Aegon U.S. Government Securities Initial Class
|
738,675.395
|
9,199,379
|
8,753,303
|
17
|
8,753,320
|
610,031
|
11.350299
|
15.088195
|
||||||
TA Asset Allocation - Conservative Initial Class
|
3,170,727.533
|
32,706,340
|
32,182,884
|
(37)
|
32,182,847
|
1,928,238
|
11.679040
|
17.259327
|
||||||
TA Asset Allocation - Growth Initial Class
|
24,633,570.594
|
248,542,585
|
269,244,927
|
(60)
|
269,244,867
|
15,502,585
|
12.588653
|
18.930824
|
||||||
TA Asset Allocation - Moderate Initial Class
|
6,562,244.336
|
69,429,904
|
73,628,381
|
(58)
|
73,628,323
|
4,313,192
|
12.097740
|
18.176144
|
||||||
TA Asset Allocation - Moderate Growth Initial Class
|
22,783,898.530
|
261,214,336
|
272,495,426
|
(127)
|
272,495,299
|
15,834,085
|
12.464865
|
18.537809
|
Transamerica Premier Life Insurance Company
|
||||||||||||||
WRL Series Life Account
|
||||||||||||||
Statements of Assets and Liabilities
|
||||||||||||||
December 31, 2015
|
Subaccount
|
Number of Shares
|
Cost
|
Assets at Market Value
|
Due (to)/from General Account
|
Net Assets
|
Units Outstanding
|
Range of Unit Values
|
|||||||
TA Barrow Hanley Dividend Focused Initial Class
|
3,323,363.942
|
$
|
53,554,447
|
$
|
66,699,914
|
$
|
(8)
|
$
|
66,699,906
|
2,357,254
|
$
|
13.699383
|
$
|
34.690979
|
TA BlackRock Global Allocation Initial Class
|
755,732.399
|
7,086,789
|
6,219,678
|
2
|
6,219,680
|
541,955
|
11.113941
|
11.741679
|
||||||
TA BlackRock Tactical Allocation Initial Class
|
2,772,028.148
|
30,039,239
|
27,165,876
|
(10)
|
27,165,866
|
2,204,740
|
11.933895
|
12.671616
|
||||||
TA Clarion Global Real Estate Securities Initial Class
|
3,875,417.976
|
46,593,765
|
48,016,429
|
(3)
|
48,016,426
|
1,731,597
|
12.401966
|
34.843505
|
||||||
TA International Moderate Growth Initial Class
|
1,189,584.055
|
10,395,373
|
11,146,403
|
(3)
|
11,146,400
|
1,011,083
|
10.475890
|
12.049840
|
||||||
TA Janus Balanced Initial Class
|
756,538.442
|
8,773,088
|
9,971,177
|
-
|
9,971,177
|
759,586
|
12.297328
|
13.952940
|
||||||
TA Jennison Growth Initial Class
|
2,467,716.993
|
26,087,687
|
26,651,344
|
(9)
|
26,651,335
|
1,344,613
|
18.326743
|
21.035071
|
||||||
TA JPMorgan Core Bond Initial Class
|
2,910,683.963
|
37,194,664
|
37,344,075
|
(63)
|
37,344,012
|
1,234,740
|
11.474163
|
45.808809
|
||||||
TA JPMorgan Enhanced Index Initial Class
|
500,437.137
|
8,740,315
|
8,472,401
|
10
|
8,472,411
|
402,793
|
16.705866
|
22.388070
|
||||||
TA JPMorgan Mid Cap Value Initial Class
|
358,276.621
|
5,767,574
|
7,312,426
|
4
|
7,312,430
|
252,964
|
17.152387
|
31.268940
|
||||||
TA JPMorgan Tactical Allocation Initial Class
|
3,565,332.727
|
48,309,440
|
49,165,938
|
(8)
|
49,165,930
|
2,083,125
|
10.554498
|
37.677711
|
||||||
TA Managed Risk - Balanced ETF Initial Class
|
118,233.345
|
1,398,867
|
1,313,572
|
(1)
|
1,313,571
|
103,015
|
12.273517
|
13.659374
|
||||||
TA Managed Risk - Growth ETF Initial Class
|
488,985.257
|
5,225,733
|
4,601,351
|
6
|
4,601,357
|
360,027
|
12.706461
|
13.618890
|
||||||
TA MFS International Equity Initial Class
|
4,710,016.298
|
36,098,234
|
37,962,731
|
(61)
|
37,962,670
|
2,506,005
|
11.118065
|
16.638299
|
||||||
TA Morgan Stanley Capital Growth Initial Class
|
3,190,868.444
|
42,794,617
|
51,149,621
|
(9)
|
51,149,612
|
1,796,549
|
18.005348
|
30.745932
|
||||||
TA Morgan Stanley Mid-Cap Growth Initial Class
|
11,193,633.757
|
320,791,589
|
317,339,517
|
(142)
|
317,339,375
|
8,691,872
|
12.776760
|
68.463366
|
||||||
TA Multi-Managed Balanced Initial Class
|
8,981,728.779
|
107,467,245
|
117,750,464
|
(40)
|
117,750,424
|
5,184,106
|
14.440415
|
23.151924
|
||||||
TA PIMCO Tactical - Balanced Initial Class
|
580,613.744
|
6,536,915
|
6,578,354
|
(5)
|
6,578,349
|
546,907
|
11.229875
|
12.803932
|
||||||
TA PIMCO Tactical - Conservative Initial Class
|
867,201.474
|
9,541,559
|
9,582,576
|
(13)
|
9,582,563
|
830,914
|
10.541954
|
12.292381
|
||||||
TA PIMCO Tactical - Growth Initial Class
|
1,120,963.672
|
12,378,824
|
12,341,810
|
77
|
12,341,887
|
1,065,236
|
10.355062
|
12.405002
|
||||||
TA PIMCO Total Return Initial Class
|
2,061,670.110
|
23,965,858
|
22,905,155
|
(1)
|
22,905,154
|
1,418,569
|
11.478188
|
16.983232
|
||||||
TA QS Investors Active Asset Allocation - Conservative Initial Class
|
419,310.245
|
4,534,558
|
4,268,578
|
(5)
|
4,268,573
|
382,954
|
10.808455
|
11.762898
|
||||||
TA QS Investors Active Asset Allocation - Moderate Initial Class
|
250,441.529
|
2,848,477
|
2,659,689
|
1
|
2,659,690
|
235,947
|
10.925006
|
11.548759
|
||||||
TA QS Investors Active Asset Allocation - Moderate Growth Initial Class
|
2,900,620.511
|
29,871,392
|
29,499,311
|
(7)
|
29,499,304
|
2,613,777
|
10.922872
|
12.456596
|
||||||
TA Systematic Small/Mid Cap Value Initial Class
|
5,960,896.862
|
121,134,970
|
114,210,784
|
23
|
114,210,807
|
4,116,437
|
14.666207
|
30.879911
|
||||||
TA T. Rowe Price Small Cap Initial Class
|
3,172,464.800
|
42,518,131
|
43,938,637
|
(8)
|
43,938,629
|
1,688,075
|
17.035457
|
28.776196
|
||||||
TA Torray Concentrated Growth Initial Class
|
436,581.897
|
8,718,417
|
7,347,673
|
(5)
|
7,347,668
|
313,181
|
15.444541
|
26.088304
|
||||||
TA WMC US Growth Initial Class
|
37,304,783.994
|
934,321,005
|
884,496,428
|
42
|
884,496,470
|
38,121,323
|
15.206847
|
23.930818
|
AB Balanced Wealth Strategy Class B Shares
|
Access VP High Yield
|
Fidelity® VIP Contrafund® Service Class 2
|
Fidelity® VIP Equity-Income Service Class 2
|
Fidelity® VIP Growth Opportunities Service Class 2
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 1,637,100
|
$ 5,908,320
|
$ 21,199,390
|
$ 11,485,921
|
$ 6,587,747
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
43,767
|
198,900
|
164,693
|
296,042
|
445
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
15,126
|
47,695
|
192,143
|
100,144
|
59,763
|
|||
Net Investment Income (Loss)
|
28,641
|
151,205
|
(27,450)
|
195,898
|
(59,318)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
279,896
|
66,191
|
458,568
|
160,231
|
5,089
|
|||
Realized Gain (Loss) on Investments
|
18,932
|
41,116
|
796,470
|
259,576
|
515,758
|
|||
Net Realized Capital Gains (Losses) on Investments
|
298,828
|
107,307
|
1,255,038
|
419,807
|
520,847
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(216,055)
|
(174,413)
|
980,107
|
231,325
|
248,284
|
|||
Net Gain (Loss) on Investment
|
82,773
|
(67,106)
|
2,235,145
|
651,132
|
769,131
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
111,414
|
84,099
|
2,207,695
|
847,030
|
709,813
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
184,345
|
(2,909,594)
|
(317,015)
|
(1,061,406)
|
(15,110)
|
|||
Total Increase (Decrease) in Net Assets
|
295,759
|
(2,825,495)
|
1,890,680
|
(214,376)
|
694,703
|
|||
Net Assets as of December 31, 2014:
|
$ 1,932,859
|
$ 3,082,825
|
$ 23,090,070
|
$ 11,271,545
|
$ 7,282,450
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
46,488
|
137,838
|
172,954
|
309,789
|
206
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
18,874
|
31,205
|
190,552
|
92,751
|
62,724
|
|||
Net Investment Income (Loss)
|
27,614
|
106,633
|
(17,598)
|
217,038
|
(62,518)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
212,296
|
64,193
|
2,052,857
|
1,025,304
|
723,373
|
|||
Realized Gain (Loss) on Investments
|
(20,457)
|
(47,676)
|
1,488,504
|
4,602
|
853,746
|
|||
Net Realized Capital Gains (Losses) on Investments
|
191,839
|
16,517
|
3,541,361
|
1,029,906
|
1,577,119
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(227,846)
|
(145,584)
|
(3,621,330)
|
(1,794,381)
|
(1,211,139)
|
|||
Net Gain (Loss) on Investment
|
(36,007)
|
(129,067)
|
(79,969)
|
(764,475)
|
365,980
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(8,393)
|
(22,434)
|
(97,567)
|
(547,437)
|
303,462
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
630,039
|
(268,550)
|
(2,129,919)
|
(867,002)
|
(430,701)
|
|||
Total Increase (Decrease) in Net Assets
|
621,646
|
(290,984)
|
(2,227,486)
|
(1,414,439)
|
(127,239)
|
|||
Net Assets as of December 31, 2015:
|
$ 2,554,505
|
$ 2,791,841
|
$ 20,862,584
|
$ 9,857,106
|
$ 7,155,211
|
Fidelity® VIP Index 500 Service Class 2
|
Franklin Founding Funds Allocation Class 4 Shares
|
ProFund VP Asia 30
|
ProFund VP Basic Materials
|
ProFund VP Bull
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 19,728,648
|
$ 2,194,012
|
$ 5,217,606
|
$ 3,893,330
|
$ 5,456,864
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
370,491
|
68,518
|
3,165
|
21,193
|
-
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
188,224
|
21,579
|
39,484
|
31,511
|
45,041
|
|||
Net Investment Income (Loss)
|
182,267
|
46,939
|
(36,319)
|
(10,318)
|
(45,041)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
23,329
|
2,129
|
-
|
-
|
127,231
|
|||
Realized Gain (Loss) on Investments
|
1,233,113
|
(3,355)
|
195,921
|
309,771
|
580,025
|
|||
Net Realized Capital Gains (Losses) on Investments
|
1,256,442
|
(1,226)
|
195,921
|
309,771
|
707,256
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
1,261,231
|
(10,370)
|
(353,398)
|
(280,709)
|
(330,954)
|
|||
Net Gain (Loss) on Investment
|
2,517,673
|
(11,596)
|
(157,477)
|
29,062
|
376,302
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
2,699,940
|
35,343
|
(193,796)
|
18,744
|
331,261
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
4,173,278
|
368,087
|
(1,018,081)
|
(697,750)
|
2,059,576
|
|||
Total Increase (Decrease) in Net Assets
|
6,873,218
|
403,430
|
(1,211,877)
|
(679,006)
|
2,390,837
|
|||
Net Assets as of December 31, 2014:
|
$ 26,601,866
|
$ 2,597,442
|
$ 4,005,729
|
$ 3,214,324
|
$ 7,847,701
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
541,021
|
65,681
|
10,943
|
16,846
|
-
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
248,550
|
20,391
|
33,993
|
23,990
|
41,030
|
|||
Net Investment Income (Loss)
|
292,471
|
45,290
|
(23,050)
|
(7,144)
|
(41,030)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
18,481
|
3,771
|
203,067
|
-
|
68,516
|
|||
Realized Gain (Loss) on Investments
|
2,241,158
|
(32,896)
|
35,996
|
64,645
|
170,314
|
|||
Net Realized Capital Gains (Losses) on Investments
|
2,259,639
|
(29,125)
|
239,063
|
64,645
|
238,830
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(2,553,318)
|
(180,212)
|
(630,432)
|
(499,915)
|
(369,501)
|
|||
Net Gain (Loss) on Investment
|
(293,679)
|
(209,337)
|
(391,369)
|
(435,270)
|
(130,671)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(1,208)
|
(164,047)
|
(414,419)
|
(442,414)
|
(171,701)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
2,754,826
|
(259,192)
|
(129,125)
|
(357,079)
|
(961,702)
|
|||
Total Increase (Decrease) in Net Assets
|
2,753,618
|
(423,239)
|
(543,544)
|
(799,493)
|
(1,133,403)
|
|||
Net Assets as of December 31, 2015:
|
$ 29,355,484
|
$ 2,174,203
|
$ 3,462,185
|
$ 2,414,831
|
$ 6,714,298
|
ProFund VP Consumer Services
|
ProFund VP Emerging Markets
|
ProFund VP Europe 30
|
ProFund VP Falling U.S. Dollar
|
ProFund VP Financials
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 3,394,209
|
$ 5,251,045
|
$ 710,051
|
$ 757,593
|
$ 3,559,313
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
-
|
8,320
|
10,992
|
-
|
7,267
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
27,441
|
39,235
|
10,039
|
3,431
|
29,962
|
|||
Net Investment Income (Loss)
|
(27,441)
|
(30,915)
|
953
|
(3,431)
|
(22,695)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
3,193
|
-
|
-
|
-
|
-
|
|||
Realized Gain (Loss) on Investments
|
341,472
|
(302,437)
|
61,751
|
(3,824)
|
303,527
|
|||
Net Realized Capital Gains (Losses) on Investments
|
344,665
|
(302,437)
|
61,751
|
(3,824)
|
303,527
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
20,574
|
(22,944)
|
(160,414)
|
(52,025)
|
88,348
|
|||
Net Gain (Loss) on Investment
|
365,239
|
(325,381)
|
(98,663)
|
(55,849)
|
391,875
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
337,798
|
(356,296)
|
(97,710)
|
(59,280)
|
369,180
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(55,576)
|
(1,757,590)
|
228,580
|
(328,802)
|
(195,413)
|
|||
Total Increase (Decrease) in Net Assets
|
282,222
|
(2,113,886)
|
130,870
|
(388,082)
|
173,767
|
|||
Net Assets as of December 31, 2014:
|
$ 3,676,431
|
$ 3,137,159
|
$ 840,921
|
$ 369,511
|
$ 3,733,080
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
-
|
27,026
|
45,090
|
-
|
10,076
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
34,494
|
24,016
|
8,334
|
3,495
|
25,387
|
|||
Net Investment Income (Loss)
|
(34,494)
|
3,010
|
36,756
|
(3,495)
|
(15,311)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
460,252
|
-
|
-
|
-
|
-
|
|||
Realized Gain (Loss) on Investments
|
436,034
|
(228,642)
|
(78,902)
|
(71,588)
|
421,411
|
|||
Net Realized Capital Gains (Losses) on Investments
|
896,286
|
(228,642)
|
(78,902)
|
(71,588)
|
421,411
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(751,315)
|
(330,077)
|
(90,050)
|
30,575
|
(559,418)
|
|||
Net Gain (Loss) on Investment
|
144,971
|
(558,719)
|
(168,952)
|
(41,013)
|
(138,007)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
110,477
|
(555,709)
|
(132,196)
|
(44,508)
|
(153,318)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
436,763
|
(52,369)
|
408,689
|
180,039
|
(584,789)
|
|||
Total Increase (Decrease) in Net Assets
|
547,240
|
(608,078)
|
276,493
|
135,531
|
(738,107)
|
|||
Net Assets as of December 31, 2015:
|
$ 4,223,671
|
$ 2,529,081
|
$ 1,117,414
|
$ 505,042
|
$ 2,994,973
|
ProFund VP International
|
ProFund VP Japan
|
ProFund VP Mid-Cap
|
ProFund VP Money Market
|
ProFund VP NASDAQ-100
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 2,733,179
|
$ 2,520,139
|
$ 5,239,823
|
$ 15,951,315
|
$ 7,650,822
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
-
|
-
|
-
|
3,168
|
-
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
18,842
|
9,592
|
58,316
|
131,598
|
90,004
|
|||
Net Investment Income (Loss)
|
(18,842)
|
(9,592)
|
(58,316)
|
(128,430)
|
(90,004)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
255,893
|
438,474
|
1,494,623
|
-
|
282,143
|
|||
Realized Gain (Loss) on Investments
|
(51,330)
|
(141,313)
|
(889,097)
|
-
|
2,204,497
|
|||
Net Realized Capital Gains (Losses) on Investments
|
204,563
|
297,161
|
605,526
|
-
|
2,486,640
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(340,096)
|
(334,609)
|
(381,372)
|
-
|
(237,677)
|
|||
Net Gain (Loss) on Investment
|
(135,533)
|
(37,448)
|
224,154
|
-
|
2,248,963
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(154,375)
|
(47,040)
|
165,838
|
(128,430)
|
2,158,959
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(1,019,001)
|
(1,418,814)
|
(793,198)
|
327,320
|
5,935,114
|
|||
Total Increase (Decrease) in Net Assets
|
(1,173,376)
|
(1,465,854)
|
(627,360)
|
198,890
|
8,094,073
|
|||
Net Assets as of December 31, 2014:
|
$ 1,559,803
|
$ 1,054,285
|
$ 4,612,463
|
$ 16,150,205
|
$ 15,744,895
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
-
|
-
|
-
|
3,887
|
-
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
15,328
|
24,575
|
32,886
|
140,019
|
110,948
|
|||
Net Investment Income (Loss)
|
(15,328)
|
(24,575)
|
(32,886)
|
(136,132)
|
(110,948)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
118,440
|
-
|
1,244,230
|
|||
Realized Gain (Loss) on Investments
|
(139,734)
|
(198,089)
|
52,584
|
-
|
321,341
|
|||
Net Realized Capital Gains (Losses) on Investments
|
(139,734)
|
(198,089)
|
171,024
|
-
|
1,565,571
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
38,396
|
(50,474)
|
(334,289)
|
-
|
(535,847)
|
|||
Net Gain (Loss) on Investment
|
(101,338)
|
(248,563)
|
(163,265)
|
-
|
1,029,724
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(116,666)
|
(273,138)
|
(196,151)
|
(136,132)
|
918,776
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(123,364)
|
1,985,400
|
(1,381,584)
|
79,571
|
(5,805,863)
|
|||
Total Increase (Decrease) in Net Assets
|
(240,030)
|
1,712,262
|
(1,577,735)
|
(56,561)
|
(4,887,087)
|
|||
Net Assets as of December 31, 2015:
|
$ 1,319,773
|
$ 2,766,547
|
$ 3,034,728
|
$ 16,093,644
|
$ 10,857,808
|
ProFund VP Oil & Gas
|
ProFund VP Pharmaceuticals
|
ProFund VP Precious Metals
|
ProFund VP Short Emerging Markets
|
ProFund VP Short International
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 7,726,500
|
$ 4,526,613
|
$ 3,896,411
|
$ 421,715
|
$ 425,812
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
31,422
|
40,778
|
-
|
-
|
-
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
68,367
|
49,571
|
37,253
|
4,831
|
4,483
|
|||
Net Investment Income (Loss)
|
(36,945)
|
(8,793)
|
(37,253)
|
(4,831)
|
(4,483)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
508,279
|
203,586
|
-
|
-
|
-
|
|||
Realized Gain (Loss) on Investments
|
205,364
|
345,763
|
(1,361,276)
|
(63,297)
|
(101,972)
|
|||
Net Realized Capital Gains (Losses) on Investments
|
713,643
|
549,349
|
(1,361,276)
|
(63,297)
|
(101,972)
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(1,610,829)
|
342,279
|
276,044
|
17,456
|
96,759
|
|||
Net Gain (Loss) on Investment
|
(897,186)
|
891,628
|
(1,085,232)
|
(45,841)
|
(5,213)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(934,131)
|
882,835
|
(1,122,485)
|
(50,672)
|
(9,696)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
176,317
|
2,873,484
|
722,537
|
668,468
|
139,213
|
|||
Total Increase (Decrease) in Net Assets
|
(757,814)
|
3,756,319
|
(399,948)
|
617,796
|
129,517
|
|||
Net Assets as of December 31, 2014:
|
$ 6,968,686
|
$ 8,282,932
|
$ 3,496,463
|
$ 1,039,511
|
$ 555,329
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
44,798
|
48,701
|
-
|
-
|
-
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
61,190
|
85,270
|
28,541
|
5,943
|
3,955
|
|||
Net Investment Income (Loss)
|
(16,392)
|
(36,569)
|
(28,541)
|
(5,943)
|
(3,955)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
566,591
|
246,210
|
-
|
-
|
-
|
|||
Realized Gain (Loss) on Investments
|
(1,223,244)
|
986,042
|
(1,986,698)
|
76,803
|
(23,203)
|
|||
Net Realized Capital Gains (Losses) on Investments
|
(656,653)
|
1,232,252
|
(1,986,698)
|
76,803
|
(23,203)
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(1,222,958)
|
(960,077)
|
833,523
|
(23,226)
|
(4,801)
|
|||
Net Gain (Loss) on Investment
|
(1,879,611)
|
272,175
|
(1,153,175)
|
53,577
|
(28,004)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(1,896,003)
|
235,606
|
(1,181,716)
|
47,634
|
(31,959)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
1,481,426
|
784,779
|
520,624
|
(362,540)
|
(83,573)
|
|||
Total Increase (Decrease) in Net Assets
|
(414,577)
|
1,020,385
|
(661,092)
|
(314,906)
|
(115,532)
|
|||
Net Assets as of December 31, 2015:
|
$ 6,554,109
|
$ 9,303,317
|
$ 2,835,371
|
$ 724,605
|
$ 439,797
|
ProFund VP Short NASDAQ-100
|
ProFund VP Short Small-Cap
|
ProFund VP Small-Cap
|
ProFund VP Small-Cap Value
|
ProFund VP Telecommunications
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 578,643
|
$ 1,095,526
|
$ 8,997,181
|
$ 5,135,188
|
$ 672,142
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
-
|
-
|
-
|
-
|
21,782
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
5,324
|
9,226
|
35,896
|
15,128
|
5,442
|
|||
Net Investment Income (Loss)
|
(5,324)
|
(9,226)
|
(35,896)
|
(15,128)
|
16,340
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
1,020,732
|
112,123
|
-
|
|||
Realized Gain (Loss) on Investments
|
(218,587)
|
(225,192)
|
(506,748)
|
378,371
|
(4,208)
|
|||
Net Realized Capital Gains (Losses) on Investments
|
(218,587)
|
(225,192)
|
513,984
|
490,494
|
(4,208)
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
82,255
|
147,573
|
(717,029)
|
(416,474)
|
(12,955)
|
|||
Net Gain (Loss) on Investment
|
(136,332)
|
(77,619)
|
(203,045)
|
74,020
|
(17,163)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(141,656)
|
(86,845)
|
(238,941)
|
58,892
|
(823)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
50,892
|
(187,079)
|
(5,938,244)
|
(3,669,765)
|
(97,905)
|
|||
Total Increase (Decrease) in Net Assets
|
(90,764)
|
(273,924)
|
(6,177,185)
|
(3,610,873)
|
(98,728)
|
|||
Net Assets as of December 31, 2014:
|
$ 487,879
|
$ 821,602
|
$ 2,819,996
|
$ 1,524,315
|
$ 573,414
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
-
|
-
|
-
|
-
|
10,194
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
5,792
|
6,764
|
35,107
|
17,895
|
5,624
|
|||
Net Investment Income (Loss)
|
(5,792)
|
(6,764)
|
(35,107)
|
(17,895)
|
4,570
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
163,505
|
383,177
|
-
|
|||
Realized Gain (Loss) on Investments
|
(92,401)
|
(61,111)
|
(133,310)
|
(505,706)
|
(12,170)
|
|||
Net Realized Capital Gains (Losses) on Investments
|
(92,401)
|
(61,111)
|
30,195
|
(122,529)
|
(12,170)
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(1,615)
|
64,119
|
(387,851)
|
(186,325)
|
8,989
|
|||
Net Gain (Loss) on Investment
|
(94,016)
|
3,008
|
(357,656)
|
(308,854)
|
(3,181)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(99,808)
|
(3,756)
|
(392,763)
|
(326,749)
|
1,389
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
362,407
|
(197,894)
|
1,150,668
|
830,283
|
463,135
|
|||
Total Increase (Decrease) in Net Assets
|
262,599
|
(201,650)
|
757,905
|
503,534
|
464,524
|
|||
Net Assets as of December 31, 2015:
|
$ 750,478
|
$ 619,952
|
$ 3,577,901
|
$ 2,027,849
|
$ 1,037,938
|
ProFund VP U.S. Government Plus
|
ProFund VP UltraNASDAQ-100
|
ProFund VP UltraSmall-Cap
|
ProFund VP Utilities
|
TA AB Dynamic Allocation Initial Class
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 2,316,197
|
$ 8,712,260
|
$ 10,830,668
|
$ 2,094,772
|
$ 3,473,693
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
8,758
|
-
|
-
|
43,421
|
35,970
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
46,810
|
94,839
|
79,455
|
27,127
|
30,115
|
|||
Net Investment Income (Loss)
|
(38,052)
|
(94,839)
|
(79,455)
|
16,294
|
5,855
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
1,747,956
|
-
|
-
|
|||
Realized Gain (Loss) on Investments
|
4,923
|
2,531,383
|
1,170,219
|
199,723
|
100,763
|
|||
Net Realized Capital Gains (Losses) on Investments
|
4,923
|
2,531,383
|
2,918,175
|
199,723
|
100,763
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
1,712,875
|
(414,571)
|
(2,590,877)
|
460,177
|
53,391
|
|||
Net Gain (Loss) on Investment
|
1,717,798
|
2,116,812
|
327,298
|
659,900
|
154,154
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
1,679,746
|
2,021,973
|
247,843
|
676,194
|
160,009
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
3,983,045
|
6,113,194
|
(3,414,548)
|
1,566,891
|
(9,759)
|
|||
Total Increase (Decrease) in Net Assets
|
5,662,791
|
8,135,167
|
(3,166,705)
|
2,243,085
|
150,250
|
|||
Net Assets as of December 31, 2014:
|
$ 7,978,988
|
$ 16,847,427
|
$ 7,663,963
|
$ 4,337,857
|
$ 3,623,943
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
-
|
-
|
-
|
81,039
|
43,618
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
53,200
|
124,142
|
62,889
|
32,472
|
28,930
|
|||
Net Investment Income (Loss)
|
(53,200)
|
(124,142)
|
(62,889)
|
48,567
|
14,688
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
2,098,265
|
225,478
|
18,484
|
-
|
|||
Realized Gain (Loss) on Investments
|
757,420
|
399,843
|
183,367
|
98,182
|
140,466
|
|||
Net Realized Capital Gains (Losses) on Investments
|
757,420
|
2,498,108
|
408,845
|
116,666
|
140,466
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(1,295,626)
|
(2,022,653)
|
(991,583)
|
(532,305)
|
(182,737)
|
|||
Net Gain (Loss) on Investment
|
(538,206)
|
475,455
|
(582,738)
|
(415,639)
|
(42,271)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(591,406)
|
351,313
|
(645,627)
|
(367,072)
|
(27,583)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(3,334,712)
|
(1,604,499)
|
(1,315,043)
|
(712,277)
|
(307,822)
|
|||
Total Increase (Decrease) in Net Assets
|
(3,926,118)
|
(1,253,186)
|
(1,960,670)
|
(1,079,349)
|
(335,405)
|
|||
Net Assets as of December 31, 2015:
|
$ 4,052,870
|
$ 15,594,241
|
$ 5,703,293
|
$ 3,258,508
|
$ 3,288,538
|
TA Aegon High Yield Bond Initial Class
|
TA Aegon Money Market Initial Class
|
TA Aegon U.S. Government Securities Initial Class
|
TA Asset Allocation - Conservative Initial Class
|
TA Asset Allocation - Growth Initial Class
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 19,315,590
|
$ 37,528,464
|
$ 7,951,648
|
$ 36,960,009
|
$ 308,456,503
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
941,382
|
1,841
|
342,917
|
988,344
|
7,053,442
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
164,890
|
312,987
|
66,131
|
320,329
|
2,533,111
|
|||
Net Investment Income (Loss)
|
776,492
|
(311,146)
|
276,786
|
668,015
|
4,520,331
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
143,992
|
604,524
|
-
|
|||
Realized Gain (Loss) on Investments
|
96,606
|
-
|
(207,801)
|
682,007
|
6,864,704
|
|||
Net Realized Capital Gains (Losses) on Investments
|
96,606
|
-
|
(63,809)
|
1,286,531
|
6,864,704
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(342,587)
|
-
|
76,996
|
(1,478,597)
|
(5,889,324)
|
|||
Net Gain (Loss) on Investment
|
(245,981)
|
-
|
13,187
|
(192,066)
|
975,380
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
530,511
|
(311,146)
|
289,973
|
475,949
|
5,495,711
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(4,145,836)
|
(3,691,196)
|
(152,200)
|
(1,454,276)
|
(17,833,364)
|
|||
Total Increase (Decrease) in Net Assets
|
(3,615,325)
|
(4,002,342)
|
137,773
|
(978,327)
|
(12,337,653)
|
|||
Net Assets as of December 31, 2014:
|
$ 15,700,265
|
$ 33,526,122
|
$ 8,089,421
|
$ 35,981,682
|
$ 296,118,850
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
982,339
|
1,764
|
175,984
|
775,631
|
4,743,756
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
142,726
|
292,293
|
68,432
|
298,034
|
2,387,559
|
|||
Net Investment Income (Loss)
|
839,613
|
(290,529)
|
107,552
|
477,597
|
2,356,197
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
41,027
|
1,377,446
|
-
|
|||
Realized Gain (Loss) on Investments
|
(455,015)
|
-
|
(181,468)
|
532,842
|
9,778,947
|
|||
Net Realized Capital Gains (Losses) on Investments
|
(455,015)
|
-
|
(140,441)
|
1,910,288
|
9,778,947
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(1,185,149)
|
-
|
(38,055)
|
(3,328,753)
|
(19,443,853)
|
|||
Net Gain (Loss) on Investment
|
(1,640,164)
|
-
|
(178,496)
|
(1,418,465)
|
(9,664,906)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(800,551)
|
(290,529)
|
(70,944)
|
(940,868)
|
(7,308,709)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(875,394)
|
3,594,140
|
734,843
|
(2,857,967)
|
(19,565,274)
|
|||
Total Increase (Decrease) in Net Assets
|
(1,675,945)
|
3,303,611
|
663,899
|
(3,798,835)
|
(26,873,983)
|
|||
Net Assets as of December 31, 2015:
|
$ 14,024,320
|
$ 36,829,733
|
$ 8,753,320
|
$ 32,182,847
|
$ 269,244,867
|
TA Asset Allocation - Moderate Initial Class
|
TA Asset Allocation - Moderate Growth Initial Class
|
TA Barrow Hanley Dividend Focused Initial Class
|
TA BlackRock Global Allocation Initial Class
|
TA BlackRock Tactical Allocation Initial Class
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 86,176,699
|
$ 312,493,818
|
$ 69,350,456
|
$ 5,486,130
|
$ 5,010,009
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
1,888,158
|
8,267,930
|
988,626
|
169,396
|
624,555
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
723,353
|
2,592,457
|
637,547
|
49,588
|
180,840
|
|||
Net Investment Income (Loss)
|
1,164,805
|
5,675,473
|
351,079
|
119,808
|
443,715
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
-
|
241,613
|
870,405
|
|||
Realized Gain (Loss) on Investments
|
2,427,643
|
6,176,665
|
3,845,896
|
69,772
|
269,448
|
|||
Net Realized Capital Gains (Losses) on Investments
|
2,427,643
|
6,176,665
|
3,845,896
|
311,385
|
1,139,853
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(2,053,242)
|
(6,687,577)
|
3,569,647
|
(367,478)
|
(470,023)
|
|||
Net Gain (Loss) on Investment
|
374,401
|
(510,912)
|
7,415,543
|
(56,093)
|
669,830
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
1,539,206
|
5,164,561
|
7,766,622
|
63,715
|
1,113,545
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(5,134,134)
|
(15,139,758)
|
149,182
|
779,710
|
23,418,056
|
|||
Total Increase (Decrease) in Net Assets
|
(3,594,928)
|
(9,975,197)
|
7,915,804
|
843,425
|
24,531,601
|
|||
Net Assets as of December 31, 2014:
|
$ 82,581,771
|
$ 302,518,621
|
$ 77,266,260
|
$ 6,329,555
|
$ 29,541,610
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
1,600,423
|
6,453,015
|
1,300,941
|
182,949
|
827,384
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
670,357
|
2,440,005
|
594,517
|
50,430
|
235,360
|
|||
Net Investment Income (Loss)
|
930,066
|
4,013,010
|
706,424
|
132,519
|
592,024
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
2,706,495
|
4,814,977
|
-
|
814,505
|
2,084,391
|
|||
Realized Gain (Loss) on Investments
|
2,655,375
|
7,605,199
|
5,160,239
|
(112,247)
|
(193,979)
|
|||
Net Realized Capital Gains (Losses) on Investments
|
5,361,870
|
12,420,176
|
5,160,239
|
702,258
|
1,890,412
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(8,542,991)
|
(24,711,864)
|
(8,939,186)
|
(949,148)
|
(2,673,030)
|
|||
Net Gain (Loss) on Investment
|
(3,181,121)
|
(12,291,688)
|
(3,778,947)
|
(246,890)
|
(782,618)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(2,251,055)
|
(8,278,678)
|
(3,072,523)
|
(114,371)
|
(190,594)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(6,702,393)
|
(21,744,644)
|
(7,493,831)
|
4,496
|
(2,185,150)
|
|||
Total Increase (Decrease) in Net Assets
|
(8,953,448)
|
(30,023,322)
|
(10,566,354)
|
(109,875)
|
(2,375,744)
|
|||
Net Assets as of December 31, 2015:
|
$ 73,628,323
|
$ 272,495,299
|
$ 66,699,906
|
$ 6,219,680
|
$ 27,165,866
|
TA Clarion Global Real Estate Securities Initial Class
|
TA International Moderate Growth Initial Class
|
TA Janus Balanced Initial Class
|
TA Jennison Growth Initial Class
|
TA JPMorgan Core Bond Initial Class
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 47,559,908
|
$ 11,862,703
|
$ 9,621,053
|
$ 16,588,876
|
$ 42,590,183
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
754,244
|
268,591
|
73,261
|
-
|
861,266
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
433,192
|
100,906
|
81,625
|
156,635
|
371,676
|
|||
Net Investment Income (Loss)
|
321,052
|
167,685
|
(8,364)
|
(156,635)
|
489,590
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
-
|
1,722,390
|
-
|
|||
Realized Gain (Loss) on Investments
|
532,454
|
213,379
|
389,311
|
1,335,039
|
192,033
|
|||
Net Realized Capital Gains (Losses) on Investments
|
532,454
|
213,379
|
389,311
|
3,057,429
|
192,033
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
4,966,875
|
(539,779)
|
328,020
|
(1,468,525)
|
1,130,545
|
|||
Net Gain (Loss) on Investment
|
5,499,329
|
(326,400)
|
717,331
|
1,588,904
|
1,322,578
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
5,820,381
|
(158,715)
|
708,967
|
1,432,269
|
1,812,168
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(2,453,090)
|
(69,777)
|
(16,172)
|
3,802,085
|
(2,292,995)
|
|||
Total Increase (Decrease) in Net Assets
|
3,367,291
|
(228,492)
|
692,795
|
5,234,354
|
(480,827)
|
|||
Net Assets as of December 31, 2014:
|
$ 50,927,199
|
$ 11,634,211
|
$ 10,313,848
|
$ 21,823,230
|
$ 42,109,356
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
2,234,979
|
231,439
|
94,257
|
-
|
798,107
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
430,669
|
99,985
|
83,283
|
173,608
|
343,319
|
|||
Net Investment Income (Loss)
|
1,804,310
|
131,454
|
10,974
|
(173,608)
|
454,788
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
-
|
245,459
|
1,670,041
|
-
|
|||
Realized Gain (Loss) on Investments
|
1,107,552
|
232,531
|
391,863
|
1,471,143
|
263,007
|
|||
Net Realized Capital Gains (Losses) on Investments
|
1,107,552
|
232,531
|
637,322
|
3,141,184
|
263,007
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(3,641,775)
|
(653,272)
|
(696,356)
|
(1,117,393)
|
(792,132)
|
|||
Net Gain (Loss) on Investment
|
(2,534,223)
|
(420,741)
|
(59,034)
|
2,023,791
|
(529,125)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(729,913)
|
(289,287)
|
(48,060)
|
1,850,183
|
(74,337)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(2,180,860)
|
(198,524)
|
(294,611)
|
2,977,922
|
(4,691,007)
|
|||
Total Increase (Decrease) in Net Assets
|
(2,910,773)
|
(487,811)
|
(342,671)
|
4,828,105
|
(4,765,344)
|
|||
Net Assets as of December 31, 2015:
|
$ 48,016,426
|
$ 11,146,400
|
$ 9,971,177
|
$ 26,651,335
|
$ 37,344,012
|
TA JPMorgan Enhanced Index Initial Class
|
TA JPMorgan Mid Cap Value Initial Class
|
TA JPMorgan Tactical Allocation Initial Class
|
TA Managed Risk - Balanced ETF Initial Class
|
TA Managed Risk - Growth ETF Initial Class
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 7,002,418
|
$ 8,409,132
|
$ 50,813,971
|
$ 870,501
|
$ 3,470,733
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
61,695
|
58,679
|
608,574
|
13,453
|
64,904
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
66,050
|
73,356
|
460,619
|
10,818
|
44,724
|
|||
Net Investment Income (Loss)
|
(4,355)
|
(14,677)
|
147,955
|
2,635
|
20,180
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
543,621
|
477,717
|
-
|
37,100
|
315,835
|
|||
Realized Gain (Loss) on Investments
|
853,577
|
549,097
|
240,356
|
40,056
|
87,934
|
|||
Net Realized Capital Gains (Losses) on Investments
|
1,397,198
|
1,026,814
|
240,356
|
77,156
|
403,769
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(472,778)
|
90,362
|
2,541,010
|
(30,799)
|
(287,730)
|
|||
Net Gain (Loss) on Investment
|
924,420
|
1,117,176
|
2,781,366
|
46,357
|
116,039
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
920,065
|
1,102,499
|
2,929,321
|
48,992
|
136,219
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
217,055
|
(957,719)
|
278,454
|
477,031
|
2,088,780
|
|||
Total Increase (Decrease) in Net Assets
|
1,137,120
|
144,780
|
3,207,775
|
526,023
|
2,224,999
|
|||
Net Assets as of December 31, 2014:
|
$ 8,139,538
|
$ 8,553,912
|
$ 54,021,746
|
$ 1,396,524
|
$ 5,695,732
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
75,395
|
70,204
|
628,999
|
18,839
|
79,024
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
68,129
|
69,452
|
420,554
|
11,299
|
40,712
|
|||
Net Investment Income (Loss)
|
7,266
|
752
|
208,445
|
7,540
|
38,312
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
558,788
|
506,190
|
-
|
52,548
|
405,074
|
|||
Realized Gain (Loss) on Investments
|
701,852
|
798,932
|
708,901
|
19,405
|
(32,883)
|
|||
Net Realized Capital Gains (Losses) on Investments
|
1,260,640
|
1,305,122
|
708,901
|
71,953
|
372,191
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(1,360,138)
|
(1,571,532)
|
(1,312,578)
|
(111,698)
|
(601,023)
|
|||
Net Gain (Loss) on Investment
|
(99,498)
|
(266,410)
|
(603,677)
|
(39,745)
|
(228,832)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(92,232)
|
(265,658)
|
(395,232)
|
(32,205)
|
(190,520)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
425,105
|
(975,824)
|
(4,460,584)
|
(50,748)
|
(903,855)
|
|||
Total Increase (Decrease) in Net Assets
|
332,873
|
(1,241,482)
|
(4,855,816)
|
(82,953)
|
(1,094,375)
|
|||
Net Assets as of December 31, 2015:
|
$ 8,472,411
|
$ 7,312,430
|
$ 49,165,930
|
$ 1,313,571
|
$ 4,601,357
|
TA MFS International Equity Initial Class
|
TA Morgan Stanley Capital Growth Initial Class
|
TA Morgan Stanley Mid-Cap Growth Initial Class
|
TA Multi-Managed Balanced Initial Class
|
TA PIMCO Tactical - Balanced Initial Class
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 44,178,744
|
$ 41,972,887
|
$ 400,725,724
|
$ 122,595,908
|
$ 7,222,343
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
406,256
|
-
|
-
|
1,713,924
|
76,893
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
379,104
|
388,310
|
3,308,760
|
1,086,563
|
59,298
|
|||
Net Investment Income (Loss)
|
27,152
|
(388,310)
|
(3,308,760)
|
627,361
|
17,595
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
991,556
|
24,576,950
|
7,256,826
|
227,066
|
|||
Realized Gain (Loss) on Investments
|
1,002,912
|
2,343,516
|
22,611,644
|
3,213,923
|
165,051
|
|||
Net Realized Capital Gains (Losses) on Investments
|
1,002,912
|
3,335,072
|
47,188,594
|
10,470,749
|
392,117
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(3,588,656)
|
(844,873)
|
(47,650,729)
|
591,278
|
95,486
|
|||
Net Gain (Loss) on Investment
|
(2,585,744)
|
2,490,199
|
(462,135)
|
11,062,027
|
487,603
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(2,558,592)
|
2,101,889
|
(3,770,895)
|
11,689,388
|
505,198
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(2,183,488)
|
(575,747)
|
(28,794,660)
|
(7,441,944)
|
(552,740)
|
|||
Total Increase (Decrease) in Net Assets
|
(4,742,080)
|
1,526,142
|
(32,565,555)
|
4,247,444
|
(47,542)
|
|||
Net Assets as of December 31, 2014:
|
$ 39,436,664
|
$ 43,499,029
|
$ 368,160,169
|
$ 126,843,352
|
$ 7,174,801
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
686,756
|
-
|
-
|
1,678,919
|
-
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
353,862
|
405,236
|
2,958,393
|
1,057,014
|
55,559
|
|||
Net Investment Income (Loss)
|
332,894
|
(405,236)
|
(2,958,393)
|
621,905
|
(55,559)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
-
|
3,880,059
|
51,520,946
|
5,868,411
|
228,318
|
|||
Realized Gain (Loss) on Investments
|
1,262,180
|
2,399,191
|
20,316,448
|
2,564,328
|
179,415
|
|||
Net Realized Capital Gains (Losses) on Investments
|
1,262,180
|
6,279,250
|
71,837,394
|
8,432,739
|
407,733
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(2,089,297)
|
(1,060,651)
|
(88,684,902)
|
(9,819,338)
|
(560,024)
|
|||
Net Gain (Loss) on Investment
|
(827,117)
|
5,218,599
|
(16,847,508)
|
(1,386,599)
|
(152,291)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(494,223)
|
4,813,363
|
(19,805,901)
|
(764,694)
|
(207,850)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(979,771)
|
2,837,220
|
(31,014,893)
|
(8,328,234)
|
(388,602)
|
|||
Total Increase (Decrease) in Net Assets
|
(1,473,994)
|
7,650,583
|
(50,820,794)
|
(9,092,928)
|
(596,452)
|
|||
Net Assets as of December 31, 2015:
|
$ 37,962,670
|
$ 51,149,612
|
$ 317,339,375
|
$ 117,750,424
|
$ 6,578,349
|
TA PIMCO Tactical - Conservative Initial Class
|
TA PIMCO Tactical - Growth Initial Class
|
TA PIMCO Total Return Initial Class
|
TA QS Investors Active Asset Allocation - Conservative Initial Class
|
TA QS Investors Active Asset Allocation - Moderate Initial Class
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 9,862,430
|
$ 13,712,474
|
$ 27,193,749
|
$ 10,559,826
|
$ 2,939,349
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
136,758
|
241,380
|
507,710
|
66,364
|
21,178
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
83,789
|
114,486
|
240,653
|
47,904
|
25,297
|
|||
Net Investment Income (Loss)
|
52,969
|
126,894
|
267,057
|
18,460
|
(4,119)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
206,987
|
394,652
|
-
|
221,133
|
67,137
|
|||
Realized Gain (Loss) on Investments
|
89,084
|
169,425
|
(373,345)
|
433,789
|
90,030
|
|||
Net Realized Capital Gains (Losses) on Investments
|
296,071
|
564,077
|
(373,345)
|
654,922
|
157,167
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
428,788
|
81,676
|
1,137,146
|
(505,344)
|
(57,540)
|
|||
Net Gain (Loss) on Investment
|
724,859
|
645,753
|
763,801
|
149,578
|
99,627
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
777,828
|
772,647
|
1,030,858
|
168,038
|
95,508
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(223,975)
|
(523,893)
|
(2,236,887)
|
(5,816,111)
|
39,366
|
|||
Total Increase (Decrease) in Net Assets
|
553,853
|
248,754
|
(1,206,029)
|
(5,648,073)
|
134,874
|
|||
Net Assets as of December 31, 2014:
|
$ 10,416,283
|
$ 13,961,228
|
$ 25,987,720
|
$ 4,911,753
|
$ 3,074,223
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
39,512
|
-
|
742,812
|
56,102
|
32,904
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
81,984
|
109,062
|
223,017
|
43,403
|
24,614
|
|||
Net Investment Income (Loss)
|
(42,472)
|
(109,062)
|
519,795
|
12,699
|
8,290
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
218,442
|
308,013
|
704,286
|
134,265
|
113,763
|
|||
Realized Gain (Loss) on Investments
|
142,828
|
174,214
|
(446,299)
|
73,589
|
61,758
|
|||
Net Realized Capital Gains (Losses) on Investments
|
361,270
|
482,227
|
257,987
|
207,854
|
175,521
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(574,554)
|
(891,948)
|
(845,857)
|
(397,679)
|
(326,327)
|
|||
Net Gain (Loss) on Investment
|
(213,284)
|
(409,721)
|
(587,870)
|
(189,825)
|
(150,806)
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(255,756)
|
(518,783)
|
(68,075)
|
(177,126)
|
(142,516)
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(577,964)
|
(1,100,558)
|
(3,014,491)
|
(466,054)
|
(272,017)
|
|||
Total Increase (Decrease) in Net Assets
|
(833,720)
|
(1,619,341)
|
(3,082,566)
|
(643,180)
|
(414,533)
|
|||
Net Assets as of December 31, 2015:
|
$ 9,582,563
|
$ 12,341,887
|
$ 22,905,154
|
$ 4,268,573
|
$ 2,659,690
|
TA QS Investors Active Asset Allocation - Moderate Growth Initial Class
|
TA Systematic Small/Mid Cap Value Initial Class
|
TA T. Rowe Price Small Cap Initial Class
|
TA Torray Concentrated Growth Initial Class
|
TA WMC US Growth Initial Class
|
||||
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
Subaccount
|
||||
Net Assets as of January 1, 2014:
|
$ 33,768,554
|
$ 132,634,531
|
$ 55,234,542
|
$ 6,959,450
|
$ 877,032,776
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
286,211
|
1,057,444
|
-
|
76,041
|
7,714,803
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
279,045
|
1,160,225
|
398,579
|
69,566
|
7,584,775
|
|||
Net Investment Income (Loss)
|
7,166
|
(102,781)
|
(398,579)
|
6,475
|
130,028
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
1,388,602
|
11,289,243
|
1,404,254
|
1,270,171
|
31,164,983
|
|||
Realized Gain (Loss) on Investments
|
1,127,255
|
3,789,576
|
4,286,502
|
845,638
|
43,099,987
|
|||
Net Realized Capital Gains (Losses) on Investments
|
2,515,857
|
15,078,819
|
5,690,756
|
2,115,809
|
74,264,970
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(1,662,950)
|
(9,550,969)
|
(3,320,228)
|
(1,422,921)
|
10,158,868
|
|||
Net Gain (Loss) on Investment
|
852,907
|
5,527,850
|
2,370,528
|
692,888
|
84,423,838
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
860,073
|
5,425,069
|
1,971,949
|
699,363
|
84,553,866
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(1,441,912)
|
(7,479,298)
|
(13,619,718)
|
(280,929)
|
(62,621,585)
|
|||
Total Increase (Decrease) in Net Assets
|
(581,839)
|
(2,054,229)
|
(11,647,769)
|
418,434
|
21,932,281
|
|||
Net Assets as of December 31, 2014:
|
$ 33,186,715
|
$ 130,580,302
|
$ 43,586,773
|
$ 7,377,884
|
$ 898,965,057
|
|||
Investment Income:
|
||||||||
Reinvested Dividends
|
377,883
|
1,246,625
|
-
|
38,725
|
6,653,881
|
|||
Investment Expense:
|
||||||||
Mortality and Expense Risk and Administrative Charges
|
260,842
|
1,053,535
|
424,801
|
60,972
|
7,682,710
|
|||
Net Investment Income (Loss)
|
117,041
|
193,090
|
(424,801)
|
(22,247)
|
(1,028,829)
|
|||
Increase (Decrease) in Net Assets from Operations:
|
||||||||
Capital Gain Distributions
|
1,824,351
|
14,226,224
|
4,224,104
|
1,343,938
|
291,922,358
|
|||
Realized Gain (Loss) on Investments
|
830,363
|
2,804,880
|
3,756,097
|
80,632
|
40,909,709
|
|||
Net Realized Capital Gains (Losses) on Investments
|
2,654,714
|
17,031,104
|
7,980,201
|
1,424,570
|
332,832,067
|
|||
Net Change in Unrealized Appreciation (Depreciation)
|
(5,096,242)
|
(21,087,890)
|
(7,306,362)
|
(1,590,842)
|
(278,803,839)
|
|||
Net Gain (Loss) on Investment
|
(2,441,528)
|
(4,056,786)
|
673,839
|
(166,272)
|
54,028,228
|
|||
Net Increase (Decrease) in Net Assets Resulting from Operations
|
(2,324,487)
|
(3,863,696)
|
249,038
|
(188,519)
|
52,999,399
|
|||
Increase (Decrease) in Net Assets from Contract Transactions
|
(1,362,924)
|
(12,505,799)
|
102,818
|
158,303
|
(67,467,986)
|
|||
Total Increase (Decrease) in Net Assets
|
(3,687,411)
|
(16,369,495)
|
351,856
|
(30,216)
|
(14,468,587)
|
|||
Net Assets as of December 31, 2015:
|
$ 29,499,304
|
$ 114,210,807
|
$ 43,938,629
|
$ 7,347,668
|
$ 884,496,470
|
Transamerica Premier Life Insurance Company
|
|||||||||||||||
WRL Series Life Account
|
|||||||||||||||
Notes to Financial Statements
|
|||||||||||||||
December 31, 2015
|
|||||||||||||||
1. Organization
|
|||||||||||||||
WRL Series Life Account (the Separate Account) is a segregated investment account of Transamerica Premier Life Insurance Company (TPLIC), an indirect wholly owned subsidiary of AEGON N.V., a holding company organized under the laws of The Netherlands.
|
|||||||||||||||
The Separate Account is registered with the Securities and Exchange Commission as a Unit Investment Trust pursuant to provisions of the Investment Company Act of 1940. The Separate Account consists of multiple investment subaccounts. Each subaccount invests exclusively in the corresponding portfolio of a Mutual Fund. Each Mutual Fund is registered as an open-end management investment company under the Investment Company Act of 1940, as amended. Activity in these specified investment subaccounts is available to contract owners of WRL Financial Freedom Builder, WRL Freedom Elite, WRL Freedom Equity Protector, WRL Freedom Wealth Protector, WRL Freedom Elite Builder, WRL Freedom Elite Builder II, WRL Freedom Elite Advisor, WRL Freedom Excelerator, WRL SP Plus, and WRL For Life.
|
|||||||||||||||
Subaccount Investment by Mutual Fund:
|
|||||||||||||||
Subaccount
|
Mutual Fund
|
||||||||||||||
AB Variable Products Series Fund
|
AB Variable Products Series Fund
|
||||||||||||||
AB Balanced Wealth Strategy Class B Shares
|
AB Balanced Wealth Strategy Portfolio Class B Shares
|
||||||||||||||
Access One Trust
|
Access One Trust
|
||||||||||||||
Access VP High Yield
|
Access VP High Yield
|
||||||||||||||
Fidelity® Variable Insurance Products Fund
|
Fidelity® Variable Insurance Products Fund
|
||||||||||||||
Fidelity® VIP Contrafund® Service Class 2
|
Fidelity® VIP Contrafund® Portfolio Service Class 2
|
||||||||||||||
Fidelity® VIP Equity-Income Service Class 2
|
Fidelity® VIP Equity-Income Portfolio Service Class 2
|
||||||||||||||
Fidelity® VIP Growth Opportunities Service Class 2
|
Fidelity® VIP Growth Opportunities Portfolio Service Class 2
|
||||||||||||||
Fidelity® VIP Index 500 Service Class 2
|
Fidelity® VIP Index 500 Portfolio Service Class 2
|
||||||||||||||
Franklin Templeton Variable Insurance Products Trust
|
Franklin Templeton Variable Insurance Products Trust
|
||||||||||||||
Franklin Founding Funds Allocation Class 4 Shares
|
Franklin Founding Funds Allocation Fund Class 4 Shares
|
||||||||||||||
Profunds
|
Profunds
|
||||||||||||||
ProFund VP Asia 30
|
ProFund VP Asia 30
|
||||||||||||||
ProFund VP Basic Materials
|
ProFund VP Basic Materials
|
||||||||||||||
ProFund VP Bull
|
ProFund VP Bull
|
||||||||||||||
ProFund VP Consumer Services
|
ProFund VP Consumer Services
|
||||||||||||||
ProFund VP Emerging Markets
|
ProFund VP Emerging Markets
|
||||||||||||||
ProFund VP Europe 30
|
ProFund VP Europe 30
|
||||||||||||||
ProFund VP Falling U.S. Dollar
|
ProFund VP Falling U.S. Dollar
|
||||||||||||||
ProFund VP Financials
|
ProFund VP Financials
|
||||||||||||||
ProFund VP International
|
ProFund VP International
|
||||||||||||||
ProFund VP Japan
|
ProFund VP Japan
|
||||||||||||||
ProFund VP Mid-Cap
|
ProFund VP Mid-Cap
|
||||||||||||||
ProFund VP Money Market
|
ProFund VP Money Market
|
||||||||||||||
ProFund VP NASDAQ-100
|
ProFund VP NASDAQ-100
|
||||||||||||||
ProFund VP Oil & Gas
|
ProFund VP Oil & Gas
|
||||||||||||||
ProFund VP Pharmaceuticals
|
ProFund VP Pharmaceuticals
|
||||||||||||||
ProFund VP Precious Metals
|
ProFund VP Precious Metals
|
||||||||||||||
ProFund VP Short Emerging Markets
|
ProFund VP Short Emerging Markets
|
||||||||||||||
ProFund VP Short International
|
ProFund VP Short International
|
||||||||||||||
ProFund VP Short NASDAQ-100
|
ProFund VP Short NASDAQ-100
|
||||||||||||||
ProFund VP Short Small-Cap
|
ProFund VP Short Small-Cap
|
||||||||||||||
ProFund VP Small-Cap
|
ProFund VP Small-Cap
|
||||||||||||||
ProFund VP Small-Cap Value
|
ProFund VP Small-Cap Value
|
Transamerica Premier Life Insurance Company
|
|||||||||||||||
WRL Series Life Account
|
|||||||||||||||
Notes to Financial Statements
|
|||||||||||||||
December 31, 2015
|
1. Organization (continued)
|
|||||||||||||||
Subaccount Investment by Mutual Fund:
|
|||||||||||||||
Subaccount
|
Mutual Fund
|
||||||||||||||
Profunds
|
Profunds
|
||||||||||||||
ProFund VP Telecommunications
|
ProFund VP Telecommunications
|
||||||||||||||
ProFund VP U.S. Government Plus
|
ProFund VP U.S. Government Plus
|
||||||||||||||
ProFund VP UltraNASDAQ-100
|
ProFund VP UltraNASDAQ-100
|
||||||||||||||
ProFund VP UltraSmall-Cap
|
ProFund VP UltraSmall-Cap
|
||||||||||||||
ProFund VP Utilities
|
ProFund VP Utilities
|
||||||||||||||
Transamerica Series Trust
|
Transamerica Series Trust
|
||||||||||||||
TA AB Dynamic Allocation Initial Class
|
Transamerica AB Dynamic Allocation VP Initial Class
|
||||||||||||||
TA Aegon High Yield Bond Initial Class
|
Transamerica Aegon High Yield Bond VP Initial Class
|
||||||||||||||
TA Aegon Money Market Initial Class
|
Transamerica Aegon Money Market VP Initial Class
|
||||||||||||||
TA Aegon U.S. Government Securities Initial Class
|
Transamerica Aegon U.S. Government Securities VP Initial Class
|
||||||||||||||
TA Asset Allocation - Conservative Initial Class
|
Transamerica Asset Allocation - Conservative VP Initial Class
|
||||||||||||||
TA Asset Allocation - Growth Initial Class
|
Transamerica Asset Allocation - Growth VP Initial Class
|
||||||||||||||
TA Asset Allocation - Moderate Initial Class
|
Transamerica Asset Allocation - Moderate VP Initial Class
|
||||||||||||||
TA Asset Allocation - Moderate Growth Initial Class
|
Transamerica Asset Allocation - Moderate Growth VP Initial Class
|
||||||||||||||
TA Barrow Hanley Dividend Focused Initial Class
|
Transamerica Barrow Hanley Dividend Focused VP Initial Class
|
||||||||||||||
TA BlackRock Global Allocation Initial Class
|
Transamerica BlackRock Global Allocation VP Initial Class
|
||||||||||||||
TA BlackRock Tactical Allocation Initial Class
|
Transamerica BlackRock Tactical Allocation VP Initial Class
|
||||||||||||||
TA Clarion Global Real Estate Securities Initial Class
|
Transamerica Clarion Global Real Estate Securities VP Initial Class
|
||||||||||||||
TA International Moderate Growth Initial Class
|
Transamerica International Moderate Growth VP Initial Class
|
||||||||||||||
TA Janus Balanced Initial Class
|
Transamerica Janus Balanced VP Initial Class
|
||||||||||||||
TA Jennison Growth Initial Class
|
Transamerica Jennison Growth VP Initial Class
|
||||||||||||||
TA JPMorgan Core Bond Initial Class
|
Transamerica JPMorgan Core Bond VP Initial Class
|
||||||||||||||
TA JPMorgan Enhanced Index Initial Class
|
Transamerica JPMorgan Enhanced Index VP Initial Class
|
||||||||||||||
TA JPMorgan Mid Cap Value Initial Class
|
Transamerica JPMorgan Mid Cap Value VP Initial Class
|
||||||||||||||
TA JPMorgan Tactical Allocation Initial Class
|
Transamerica JPMorgan Tactical Allocation VP Initial Class
|
||||||||||||||
TA Managed Risk - Balanced ETF Initial Class
|
Transamerica Managed Risk - Balanced ETF VP Initial Class
|
||||||||||||||
TA Managed Risk - Growth ETF Initial Class
|
Transamerica Managed Risk - Growth ETF VP Initial Class
|
||||||||||||||
TA MFS International Equity Initial Class
|
Transamerica MFS International Equity VP Initial Class
|
||||||||||||||
TA Morgan Stanley Capital Growth Initial Class
|
Transamerica Morgan Stanley Capital Growth VP Initial Class
|
||||||||||||||
TA Morgan Stanley Mid-Cap Growth Initial Class
|
Transamerica Morgan Stanley Mid-Cap Growth VP Initial Class
|
||||||||||||||
TA Multi-Managed Balanced Initial Class
|
Transamerica Multi-Managed Balanced VP Initial Class
|
||||||||||||||
TA PIMCO Tactical - Balanced Initial Class
|
Transamerica PIMCO Tactical - Balanced VP Initial Class
|
||||||||||||||
TA PIMCO Tactical - Conservative Initial Class
|
Transamerica PIMCO Tactical - Conservative VP Initial Class
|
||||||||||||||
TA PIMCO Tactical - Growth Initial Class
|
Transamerica PIMCO Tactical - Growth VP Initial Class
|
||||||||||||||
TA PIMCO Total Return Initial Class
|
Transamerica PIMCO Total Return VP Initial Class
|
||||||||||||||
TA QS Investors Active Asset Allocation - Conservative Initial Class
|
Transamerica QS Investors Active Asset Allocation - Conservative VP Initial Class
|
||||||||||||||
TA QS Investors Active Asset Allocation - Moderate Initial Class
|
Transamerica QS Investors Active Asset Allocation - Moderate VP Initial Class
|
||||||||||||||
TA QS Investors Active Asset Allocation - Moderate Growth Initial Class
|
Transamerica QS Investors Active Asset Allocation - Moderate Growth VP Initial Class
|
||||||||||||||
TA Systematic Small/Mid Cap Value Initial Class
|
Transamerica Systematic Small/Mid Cap Value VP Initial Class
|
||||||||||||||
TA T. Rowe Price Small Cap Initial Class
|
Transamerica T. Rowe Price Small Cap VP Initial Class
|
||||||||||||||
TA Torray Concentrated Growth Initial Class
|
Transamerica Torray Concentrated Growth VP Initial Class
|
||||||||||||||
TA WMC US Growth Initial Class
|
Transamerica WMC US Growth VP Initial Class
|
Transamerica Premier Life Insurance Company
|
|||||||||||||||
WRL Series Life Account
|
|||||||||||||||
Notes to Financial Statements
|
|||||||||||||||
December 31, 2015
|
1. Organization (continued)
|
|||||||||||||||
Each period reported on reflects a full twelve month period except as follows:
|
|||||||||||||||
Subaccount
|
Inception Date
|
||||||||||||||
ProFund VP UltraNASDAQ-100
|
April 30, 2012
|
||||||||||||||
TA BlackRock Global Allocation Initial Class
|
May 19, 2011
|
||||||||||||||
TA BlackRock Tactical Allocation Initial Class
|
May 19, 2011
|
||||||||||||||
TA QS Investors Active Asset Allocation - Conservative Initial Class
|
April 29, 2011
|
||||||||||||||
TA QS Investors Active Asset Allocation - Moderate Initial Class
|
April 29, 2011
|
||||||||||||||
TA QS Investors Active Asset Allocation - Moderate Growth Initial Class
|
April 29, 2011
|
||||||||||||||
The following subaccount name changes were made effective during the fiscal year ended December 31, 2015:
|
|||||||||||||||
Subaccount
|
Formerly
|
||||||||||||||
AB Balanced Wealth Strategy Class B Shares
|
AllianceBernstein Balanced Wealth Strategy Class B Shares
|
||||||||||||||
TA AB Dynamic Allocation Initial Class
|
TA AllianceBernstein Dynamic Allocation Initial Class
|
||||||||||||||
TA Managed Risk - Balanced ETF Initial Class
|
TA Vanguard ETF - Balanced Initial Class
|
||||||||||||||
TA Managed Risk - Growth ETF Initial Class
|
TA Vanguard ETF - Growth Initial Class
|
||||||||||||||
TA QS Investors Active Asset Allocation - Conservative Initial Class
|
TA Aegon Tactical Vanguard ETF - Conservative Initial Class
|
||||||||||||||
TA QS Investors Active Asset Allocation - Moderate Initial Class
|
TA Aegon Tactical Vanguard ETF - Balanced Initial Class
|
||||||||||||||
TA QS Investors Active Asset Allocation - Moderate Growth Initial Class
|
TA Aegon Tactical Vanguard ETF - Growth Initial Class
|
Transamerica Premier Life Insurance Company
|
WRL Series Life Account
|
Notes to Financial Statements
|
December 31, 2015
|
2. Summary of Significant Accounting Policies
|
||||||||||||
The financial statements included herein have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for variable life separate accounts registered as unit investment trusts. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions regarding matters that affect the reported amount of assets and liabilities. Actual results could differ from those estimates.
|
||||||||||||
Investments
|
||||||||||||
Net purchase payments received by the Separate Account are invested in the portfolios of the Mutual Funds as selected by the contract owner. Investments are stated at the closing net asset values per share on December 31, 2015.
|
||||||||||||
Realized capital gains and losses from sales of shares in the Separate Account are determined on the first-in, first-out basis. Investment transactions are accounted for on the trade date (date the order to buy or sell is executed) and dividend income is recorded on the ex-dividend date. Unrealized gains or losses from investments in the Mutual Funds are included in the Statements of Operations and Changes in Net Assets.
|
||||||||||||
Dividend Income
|
||||||||||||
Dividends received from the Mutual Fund investments are reinvested to purchase additional mutual fund shares.
|
||||||||||||
Fair Value Measurements and Fair Value Hierarchy
|
||||||||||||
The Accounting Standards Codification™ (ASC) 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the nature of inputs used to measure fair value and enhances disclosure requirements for fair value measurements.
|
||||||||||||
The Separate Account has categorized its financial instruments into a three level hierarchy which is based on the priority of the inputs to the valuation technique. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure fair value fall within different levels of the hierarchy, the category level is based on the lowest priority level input that is significant to the fair value measurement of the instrument.
|
||||||||||||
Financial assets and liabilities recorded at fair value on the Statements of Assets and Liabilities are categorized as follows:
|
||||||||||||
Level 1. Unadjusted quoted prices for identical assets or liabilities in an active market.
|
||||||||||||
Level 2. Quoted prices in markets that are not active or inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs include the following:
|
||||||||||||
a) Quoted prices for similar assets or liabilities in active markets
|
||||||||||||
b) Quoted prices for identical or similar assets or liabilities in non-active markets
|
||||||||||||
c) Inputs other than quoted market prices that are observable
|
||||||||||||
d) Inputs that are derived principally from or corroborated by observable market data through correlation or other means.
|
||||||||||||
Level 3. Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. They reflect management's own assumptions about the assumptions a market participant would use in pricing the asset or liability.
|
||||||||||||
All investments in the Mutual Funds included in the Statements of Assets and Liabilities are stated at fair value and are based upon published closing NAV per share and therefore are considered Level 1.
|
Transamerica Premier Life Insurance Company
|
||||
WRL Series Life Account
|
||||
Notes to Financial Statements
|
||||
December 31, 2015
|
Subaccount
|
Purchases
|
Sales
|
||
AB Balanced Wealth Strategy Class B Shares
|
$
|
1,309,833
|
$
|
439,885
|
Access VP High Yield
|
4,038,524
|
4,136,248
|
||
Fidelity® VIP Contrafund® Service Class 2
|
5,793,280
|
5,887,939
|
||
Fidelity® VIP Equity-Income Service Class 2
|
2,528,099
|
2,152,761
|
||
Fidelity® VIP Growth Opportunities Service Class 2
|
2,074,529
|
1,844,374
|
||
Fidelity® VIP Index 500 Service Class 2
|
10,541,627
|
7,475,853
|
||
Franklin Founding Funds Allocation Class 4 Shares
|
509,835
|
719,965
|
||
ProFund VP Asia 30
|
1,302,645
|
1,251,752
|
||
ProFund VP Basic Materials
|
888,283
|
1,252,499
|
||
ProFund VP Bull
|
7,185,637
|
8,119,853
|
||
ProFund VP Consumer Services
|
3,702,039
|
2,839,519
|
||
ProFund VP Emerging Markets
|
1,139,409
|
1,188,770
|
||
ProFund VP Europe 30
|
1,275,777
|
830,330
|
||
ProFund VP Falling U.S. Dollar
|
1,319,038
|
1,142,492
|
||
ProFund VP Financials
|
1,655,916
|
2,256,015
|
||
ProFund VP International
|
1,809,920
|
1,948,610
|
||
ProFund VP Japan
|
7,098,344
|
5,137,519
|
||
ProFund VP Mid-Cap
|
4,419,871
|
5,715,897
|
||
ProFund VP Money Market
|
51,850,024
|
51,906,570
|
||
ProFund VP NASDAQ-100
|
39,783,352
|
44,455,931
|
||
ProFund VP Oil & Gas
|
6,221,740
|
4,190,115
|
||
ProFund VP Pharmaceuticals
|
7,302,331
|
6,308,005
|
||
ProFund VP Precious Metals
|
5,654,324
|
5,162,242
|
||
ProFund VP Short Emerging Markets
|
2,741,820
|
3,110,302
|
||
ProFund VP Short International
|
704,615
|
792,142
|
||
ProFund VP Short NASDAQ-100
|
2,681,175
|
2,324,561
|
||
ProFund VP Short Small-Cap
|
1,948,414
|
2,153,073
|
||
ProFund VP Small-Cap
|
8,000,950
|
6,721,874
|
||
ProFund VP Small-Cap Value
|
6,124,967
|
4,929,396
|
||
ProFund VP Telecommunications
|
759,479
|
291,774
|
||
ProFund VP U.S. Government Plus
|
3,815,003
|
7,202,906
|
||
ProFund VP UltraNASDAQ-100
|
29,611,374
|
29,241,745
|
||
ProFund VP UltraSmall-Cap
|
7,257,781
|
8,410,234
|
||
ProFund VP Utilities
|
3,055,354
|
3,700,579
|
||
TA AB Dynamic Allocation Initial Class
|
767,075
|
1,060,209
|
||
TA Aegon High Yield Bond Initial Class
|
9,450,740
|
9,486,516
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
TA Aegon Money Market Initial Class
|
$
|
19,333,243
|
$
|
16,029,639
|
TA Aegon U.S. Government Securities Initial Class
|
3,384,113
|
2,500,690
|
||
TA Asset Allocation - Conservative Initial Class
|
6,190,115
|
7,193,044
|
||
TA Asset Allocation - Growth Initial Class
|
39,131,572
|
56,340,624
|
||
TA Asset Allocation - Moderate Initial Class
|
13,197,981
|
16,263,798
|
||
TA Asset Allocation - Moderate Growth Initial Class
|
42,511,943
|
55,428,545
|
||
TA Barrow Hanley Dividend Focused Initial Class
|
9,872,452
|
16,659,849
|
||
TA BlackRock Global Allocation Initial Class
|
3,618,241
|
2,666,721
|
||
TA BlackRock Tactical Allocation Initial Class
|
6,520,795
|
6,029,525
|
||
TA Clarion Global Real Estate Securities Initial Class
|
10,793,190
|
11,169,737
|
||
TA International Moderate Growth Initial Class
|
1,626,511
|
1,693,577
|
||
TA Janus Balanced Initial Class
|
1,904,305
|
1,942,485
|
||
TA Jennison Growth Initial Class
|
16,144,576
|
11,670,212
|
||
TA JPMorgan Core Bond Initial Class
|
6,108,670
|
10,344,888
|
||
TA JPMorgan Enhanced Index Initial Class
|
4,056,368
|
3,065,211
|
||
TA JPMorgan Mid Cap Value Initial Class
|
1,612,979
|
2,081,857
|
||
TA JPMorgan Tactical Allocation Initial Class
|
8,652,734
|
12,904,863
|
||
TA Managed Risk - Balanced ETF Initial Class
|
589,582
|
580,241
|
||
TA Managed Risk - Growth ETF Initial Class
|
1,813,706
|
2,274,177
|
||
TA MFS International Equity Initial Class
|
11,672,759
|
12,319,633
|
||
TA Morgan Stanley Capital Growth Initial Class
|
15,624,410
|
9,312,363
|
||
TA Morgan Stanley Mid-Cap Growth Initial Class
|
106,081,862
|
88,534,163
|
||
TA Multi-Managed Balanced Initial Class
|
13,837,364
|
15,675,241
|
||
TA PIMCO Tactical - Balanced Initial Class
|
1,774,018
|
1,989,856
|
||
TA PIMCO Tactical - Conservative Initial Class
|
2,032,446
|
2,434,439
|
||
TA PIMCO Tactical - Growth Initial Class
|
2,251,580
|
3,153,184
|
||
TA PIMCO Total Return Initial Class
|
11,012,277
|
12,802,683
|
||
TA QS Investors Active Asset Allocation - Conservative Initial Class
|
3,307,684
|
3,626,773
|
||
TA QS Investors Active Asset Allocation - Moderate Initial Class
|
946,012
|
1,095,976
|
||
TA QS Investors Active Asset Allocation - Moderate Growth Initial Class
|
6,946,493
|
6,368,010
|
||
TA Systematic Small/Mid Cap Value Initial Class
|
29,180,223
|
27,266,700
|
||
TA T. Rowe Price Small Cap Initial Class
|
24,190,409
|
20,288,281
|
||
TA Torray Concentrated Growth Initial Class
|
3,395,901
|
1,915,909
|
||
TA WMC US Growth Initial Class
|
397,121,713
|
173,696,292
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
Year Ended December 31, 2015
|
Year Ended December 31, 2014
|
||||||
Subaccount
|
Units Purchased
|
Units Redeemed and Transferred to/from
|
Net Increase (Decrease)
|
Units Purchased
|
Units Redeemed and Transferred to/from
|
Net Increase (Decrease)
|
|
AB Balanced Wealth Strategy Class B Shares
|
58,133
|
(24,100)
|
34,033
|
51,469
|
(38,969)
|
12,500
|
|
Access VP High Yield
|
250,622
|
(262,313)
|
(11,691)
|
245,292
|
(416,245)
|
(170,953)
|
|
Fidelity® VIP Contrafund® Service Class 2
|
196,082
|
(260,641)
|
(64,559)
|
116,552
|
(128,517)
|
(11,965)
|
|
Fidelity® VIP Equity-Income Service Class 2
|
70,603
|
(108,483)
|
(37,880)
|
74,652
|
(128,723)
|
(54,071)
|
|
Fidelity® VIP Growth Opportunities Service Class 2
|
83,049
|
(118,310)
|
(35,261)
|
85,527
|
(87,843)
|
(2,316)
|
|
Fidelity® VIP Index 500 Service Class 2
|
505,263
|
(357,383)
|
147,880
|
449,750
|
(225,136)
|
224,614
|
|
Franklin Founding Funds Allocation Class 4 Shares
|
25,084
|
(37,798)
|
(12,714)
|
45,887
|
(26,610)
|
19,277
|
|
ProFund VP Asia 30
|
123,767
|
(142,174)
|
(18,407)
|
151,005
|
(275,131)
|
(124,126)
|
|
ProFund VP Basic Materials
|
86,088
|
(124,581)
|
(38,493)
|
125,401
|
(195,050)
|
(69,649)
|
|
ProFund VP Bull
|
445,573
|
(511,135)
|
(65,562)
|
572,643
|
(457,560)
|
115,083
|
|
ProFund VP Consumer Services
|
147,351
|
(127,995)
|
19,356
|
79,211
|
(83,220)
|
(4,009)
|
|
ProFund VP Emerging Markets
|
173,165
|
(184,597)
|
(11,432)
|
758,919
|
(1,049,257)
|
(290,338)
|
|
ProFund VP Europe 30
|
133,560
|
(88,002)
|
45,558
|
228,685
|
(207,922)
|
20,763
|
|
ProFund VP Falling U.S. Dollar
|
191,484
|
(165,875)
|
25,609
|
16,724
|
(57,110)
|
(40,386)
|
|
ProFund VP Financials
|
150,113
|
(219,288)
|
(69,175)
|
150,482
|
(178,764)
|
(28,282)
|
|
ProFund VP International
|
202,629
|
(225,282)
|
(22,653)
|
252,037
|
(365,045)
|
(113,008)
|
|
ProFund VP Japan
|
628,506
|
(475,245)
|
153,261
|
85,031
|
(243,154)
|
(158,123)
|
|
ProFund VP Mid-Cap
|
272,544
|
(362,207)
|
(89,663)
|
707,975
|
(768,721)
|
(60,746)
|
|
ProFund VP Money Market
|
5,239,584
|
(5,231,620)
|
7,964
|
4,118,298
|
(4,082,890)
|
35,408
|
|
ProFund VP NASDAQ-100
|
1,659,755
|
(1,882,774)
|
(223,019)
|
1,305,101
|
(1,007,776)
|
297,325
|
|
ProFund VP Oil & Gas
|
661,282
|
(491,055)
|
170,227
|
312,014
|
(298,413)
|
13,601
|
|
ProFund VP Pharmaceuticals
|
341,186
|
(306,466)
|
34,720
|
258,224
|
(109,681)
|
148,543
|
|
ProFund VP Precious Metals
|
2,127,769
|
(1,902,334)
|
225,435
|
881,845
|
(715,667)
|
166,178
|
|
ProFund VP Short Emerging Markets
|
515,161
|
(601,490)
|
(86,329)
|
396,319
|
(271,297)
|
125,022
|
|
ProFund VP Short International
|
152,077
|
(173,115)
|
(21,038)
|
231,766
|
(207,038)
|
24,728
|
|
ProFund VP Short NASDAQ-100
|
1,197,835
|
(1,040,857)
|
156,978
|
644,279
|
(636,958)
|
7,321
|
|
ProFund VP Short Small-Cap
|
808,615
|
(893,644)
|
(85,029)
|
1,067,283
|
(1,137,225)
|
(69,942)
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
Year Ended December 31, 2015
|
Year Ended December 31, 2014
|
||||||
Subaccount
|
Units Purchased
|
Units Redeemed and Transferred to/from
|
Net Increase (Decrease)
|
Units Purchased
|
Units Redeemed and Transferred to/from
|
Net Increase (Decrease)
|
|
ProFund VP Small-Cap
|
492,750
|
(426,602)
|
66,148
|
415,045
|
(811,368)
|
(396,323)
|
|
ProFund VP Small-Cap Value
|
355,045
|
(311,620)
|
43,425
|
158,951
|
(394,129)
|
(235,178)
|
|
ProFund VP Telecommunications
|
60,559
|
(23,500)
|
37,059
|
18,989
|
(27,008)
|
(8,019)
|
|
ProFund VP U.S. Government Plus
|
226,532
|
(441,851)
|
(215,319)
|
560,802
|
(273,734)
|
287,068
|
|
ProFund VP UltraNASDAQ-100
|
1,104,764
|
(1,239,825)
|
(135,061)
|
1,407,638
|
(1,179,354)
|
228,284
|
|
ProFund VP UltraSmall-Cap
|
435,240
|
(502,214)
|
(66,974)
|
447,972
|
(673,342)
|
(225,370)
|
|
ProFund VP Utilities
|
216,048
|
(277,212)
|
(61,164)
|
331,131
|
(209,893)
|
121,238
|
|
TA AB Dynamic Allocation Initial Class
|
50,998
|
(60,993)
|
(9,995)
|
55,961
|
(53,743)
|
2,218
|
|
TA Aegon High Yield Bond Initial Class
|
441,669
|
(465,558)
|
(23,889)
|
361,102
|
(551,699)
|
(190,597)
|
|
TA Aegon Money Market Initial Class
|
1,277,896
|
(923,556)
|
354,340
|
642,879
|
(769,424)
|
(126,545)
|
|
TA Aegon U.S. Government Securities Initial Class
|
233,950
|
(169,827)
|
64,123
|
246,779
|
(249,245)
|
(2,466)
|
|
TA Asset Allocation - Conservative Initial Class
|
271,393
|
(400,120)
|
(128,727)
|
295,480
|
(362,238)
|
(66,758)
|
|
TA Asset Allocation - Growth Initial Class
|
2,422,228
|
(2,842,175)
|
(419,947)
|
1,697,966
|
(2,269,601)
|
(571,635)
|
|
TA Asset Allocation - Moderate Initial Class
|
647,247
|
(861,875)
|
(214,628)
|
549,349
|
(740,152)
|
(190,803)
|
|
TA Asset Allocation - Moderate Growth Initial Class
|
2,265,196
|
(2,814,808)
|
(549,612)
|
1,955,940
|
(2,290,996)
|
(335,056)
|
|
TA Barrow Hanley Dividend Focused Initial Class
|
430,338
|
(531,427)
|
(101,089)
|
544,593
|
(426,988)
|
117,605
|
|
TA BlackRock Global Allocation Initial Class
|
223,612
|
(224,061)
|
(449)
|
145,333
|
(78,926)
|
66,407
|
|
TA BlackRock Tactical Allocation Initial Class
|
291,420
|
(468,518)
|
(177,098)
|
2,353,749
|
(394,147)
|
1,959,602
|
|
TA Clarion Global Real Estate Securities Initial Class
|
454,907
|
(347,601)
|
107,306
|
238,909
|
(252,024)
|
(13,115)
|
|
TA International Moderate Growth Initial Class
|
124,757
|
(142,910)
|
(18,153)
|
110,572
|
(116,992)
|
(6,420)
|
|
TA Janus Balanced Initial Class
|
123,504
|
(142,504)
|
(19,000)
|
154,611
|
(152,844)
|
1,767
|
|
TA Jennison Growth Initial Class
|
756,387
|
(620,017)
|
136,370
|
691,999
|
(481,115)
|
210,884
|
|
TA JPMorgan Core Bond Initial Class
|
310,320
|
(324,196)
|
(13,876)
|
407,061
|
(347,691)
|
59,370
|
|
TA JPMorgan Enhanced Index Initial Class
|
166,667
|
(141,146)
|
25,521
|
193,355
|
(179,399)
|
13,956
|
|
TA JPMorgan Mid Cap Value Initial Class
|
47,733
|
(63,787)
|
(16,054)
|
18,752
|
(47,438)
|
(28,686)
|
|
TA JPMorgan Tactical Allocation Initial Class
|
493,809
|
(494,512)
|
(703)
|
598,995
|
(351,508)
|
247,487
|
|
TA Managed Risk - Balanced ETF Initial Class
|
40,163
|
(43,956)
|
(3,793)
|
76,306
|
(38,535)
|
37,771
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
Year Ended December 31, 2015
|
Year Ended December 31, 2014
|
||||||
Subaccount
|
Units Purchased
|
Units Redeemed and Transferred to/from
|
Net Increase (Decrease)
|
Units Purchased
|
Units Redeemed and Transferred to/from
|
Net Increase (Decrease)
|
|
TA Managed Risk - Growth ETF Initial Class
|
101,258
|
(169,613)
|
(68,355)
|
331,227
|
(172,200)
|
159,027
|
|
TA MFS International Equity Initial Class
|
828,330
|
(790,952)
|
37,378
|
296,732
|
(370,810)
|
(74,078)
|
|
TA Morgan Stanley Capital Growth Initial Class
|
507,600
|
(326,800)
|
180,800
|
392,035
|
(391,240)
|
795
|
|
TA Morgan Stanley Mid-Cap Growth Initial Class
|
2,881,920
|
(1,543,375)
|
1,338,545
|
1,763,573
|
(1,211,940)
|
551,633
|
|
TA Multi-Managed Balanced Initial Class
|
338,006
|
(644,744)
|
(306,738)
|
503,818
|
(801,753)
|
(297,935)
|
|
TA PIMCO Tactical - Balanced Initial Class
|
129,514
|
(157,572)
|
(28,058)
|
103,809
|
(147,874)
|
(44,065)
|
|
TA PIMCO Tactical - Conservative Initial Class
|
157,249
|
(201,171)
|
(43,922)
|
144,512
|
(162,369)
|
(17,857)
|
|
TA PIMCO Tactical - Growth Initial Class
|
174,474
|
(256,289)
|
(81,815)
|
164,877
|
(204,697)
|
(39,820)
|
|
TA PIMCO Total Return Initial Class
|
626,447
|
(773,874)
|
(147,427)
|
731,205
|
(845,519)
|
(114,314)
|
|
TA QS Investors Active Asset Allocation - Conservative Initial Class
|
270,096
|
(315,098)
|
(45,002)
|
134,271
|
(655,553)
|
(521,282)
|
|
TA QS Investors Active Asset Allocation - Moderate Initial Class
|
68,367
|
(92,045)
|
(23,678)
|
96,798
|
(93,008)
|
3,790
|
|
TA QS Investors Active Asset Allocation - Moderate Growth Initial Class
|
400,012
|
(520,131)
|
(120,119)
|
357,982
|
(479,073)
|
(121,091)
|
|
TA Systematic Small/Mid Cap Value Initial Class
|
704,271
|
(878,063)
|
(173,792)
|
644,434
|
(801,560)
|
(157,126)
|
|
TA T. Rowe Price Small Cap Initial Class
|
804,938
|
(761,649)
|
43,289
|
310,169
|
(819,120)
|
(508,951)
|
|
TA Torray Concentrated Growth Initial Class
|
91,203
|
(76,906)
|
14,297
|
207,027
|
(208,887)
|
(1,860)
|
|
TA WMC US Growth Initial Class
|
4,945,930
|
(7,112,263)
|
(2,166,333)
|
4,751,098
|
(7,415,023)
|
(2,663,925)
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights
|
|||||||||||||||||||
At December 31
|
For the Year Ended December 31
|
|||||||||||||||||||
Unit Fair Value
|
Expense
|
Total Return***
|
||||||||||||||||||
Corresponding to
|
Investment
|
Ratio**
|
Corresponding to
|
|||||||||||||||||
Lowest to Highest
|
Net
|
Income
|
Lowest to
|
Lowest to Highest
|
||||||||||||||||
Subaccount
|
Units
|
Expense Ratio
|
Assets
|
Ratio*
|
Highest
|
Expense Ratio
|
||||||||||||||
AB Balanced Wealth Strategy Class B Shares
|
||||||||||||||||||||
12/31/2015
|
143,029
|
$19.17
|
to
|
$17.35
|
$ 2,554,505
|
2.11
|
%
|
0.00
|
%
|
to
|
1.50
|
%
|
1.29
|
%
|
to
|
(0.20)
|
%
|
|||
12/31/2014
|
108,996
|
18.92
|
to
|
17.39
|
1,932,859
|
2.49
|
0.00
|
to
|
1.50
|
7.11
|
to
|
5.53
|
||||||||
12/31/2013
|
96,496
|
17.67
|
to
|
16.48
|
1,637,100
|
2.44
|
0.00
|
to
|
1.50
|
16.27
|
to
|
14.55
|
||||||||
12/31/2012
|
62,778
|
15.19
|
to
|
14.39
|
924,351
|
1.93
|
0.00
|
to
|
1.50
|
13.38
|
to
|
11.69
|
||||||||
12/31/2011
|
49,484
|
13.40
|
to
|
12.88
|
647,958
|
1.93
|
0.00
|
to
|
1.50
|
(3.06)
|
to
|
(4.49)
|
||||||||
Access VP High Yield
|
||||||||||||||||||||
12/31/2015
|
172,093
|
17.95
|
to
|
15.81
|
2,791,841
|
3.70
|
0.00
|
to
|
1.50
|
0.15
|
to
|
(1.33)
|
||||||||
12/31/2014
|
183,784
|
17.92
|
to
|
16.02
|
3,082,825
|
3.53
|
0.00
|
to
|
1.50
|
2.34
|
to
|
0.83
|
||||||||
12/31/2013
|
354,737
|
17.51
|
to
|
15.89
|
5,908,320
|
2.62
|
0.00
|
to
|
1.50
|
10.02
|
to
|
8.39
|
||||||||
12/31/2012
|
237,872
|
15.92
|
to
|
14.66
|
3,628,088
|
4.52
|
0.00
|
to
|
1.50
|
14.12
|
to
|
12.43
|
||||||||
12/31/2011
|
167,471
|
13.95
|
to
|
13.04
|
2,258,889
|
1.07
|
0.00
|
to
|
1.50
|
2.74
|
to
|
1.23
|
||||||||
Fidelity® VIP Contrafund® Service Class 2
|
||||||||||||||||||||
12/31/2015
|
985,254
|
15.63
|
to
|
21.99
|
20,862,584
|
0.78
|
0.30
|
to
|
0.90
|
0.12
|
to
|
(0.48)
|
||||||||
12/31/2014
|
1,049,813
|
15.61
|
to
|
22.09
|
23,090,070
|
0.76
|
0.30
|
to
|
0.90
|
11.32
|
to
|
10.66
|
||||||||
12/31/2013
|
1,061,778
|
14.02
|
to
|
19.96
|
21,199,390
|
0.85
|
0.30
|
to
|
0.90
|
30.56
|
to
|
29.79
|
||||||||
12/31/2012
|
1,082,284
|
10.74
|
to
|
15.38
|
16,648,396
|
1.12
|
0.30
|
to
|
0.90
|
15.79
|
to
|
15.10
|
||||||||
12/31/2011
|
1,143,869
|
9.27
|
to
|
13.36
|
15,287,373
|
0.75
|
0.30
|
to
|
0.90
|
(3.65)
|
to
|
(3.65)
|
||||||||
Fidelity® VIP Equity-Income Service Class 2
|
||||||||||||||||||||
12/31/2015
|
535,288
|
14.68
|
to
|
18.68
|
9,857,106
|
2.90
|
0.30
|
to
|
0.90
|
(4.52)
|
to
|
(5.09)
|
||||||||
12/31/2014
|
573,168
|
15.37
|
to
|
19.69
|
11,271,545
|
2.63
|
0.30
|
to
|
0.90
|
8.16
|
to
|
7.51
|
||||||||
12/31/2013
|
627,239
|
14.21
|
to
|
18.31
|
11,485,921
|
2.43
|
0.30
|
to
|
0.90
|
27.44
|
to
|
26.69
|
||||||||
12/31/2012
|
592,401
|
11.15
|
to
|
14.45
|
8,562,126
|
2.95
|
0.30
|
to
|
0.90
|
16.70
|
to
|
16.01
|
||||||||
12/31/2011
|
625,547
|
9.56
|
to
|
12.46
|
7,793,281
|
2.28
|
0.30
|
to
|
0.90
|
(0.24)
|
to
|
(0.24)
|
||||||||
Fidelity® VIP Growth Opportunities Service Class 2
|
||||||||||||||||||||
12/31/2015
|
458,127
|
18.56
|
to
|
15.39
|
7,155,211
|
-
|
0.30
|
to
|
0.90
|
5.03
|
to
|
4.40
|
||||||||
12/31/2014
|
493,388
|
17.67
|
to
|
14.74
|
7,282,450
|
0.01
|
0.30
|
to
|
0.90
|
11.61
|
to
|
10.95
|
||||||||
12/31/2013
|
495,704
|
15.84
|
to
|
13.29
|
6,587,747
|
0.05
|
0.30
|
to
|
0.90
|
37.13
|
to
|
36.31
|
||||||||
12/31/2012
|
494,270
|
11.55
|
to
|
9.75
|
4,818,399
|
0.15
|
0.30
|
to
|
0.90
|
18.96
|
to
|
18.25
|
||||||||
12/31/2011
|
476,272
|
9.71
|
to
|
8.24
|
3,926,217
|
-
|
0.30
|
to
|
0.90
|
1.06
|
to
|
1.06
|
||||||||
Fidelity® VIP Index 500 Service Class 2
|
||||||||||||||||||||
12/31/2015
|
1,431,885
|
17.59
|
to
|
16.68
|
29,355,484
|
1.82
|
0.00
|
to
|
1.50
|
1.08
|
to
|
(0.41)
|
||||||||
12/31/2014
|
1,284,005
|
17.40
|
to
|
16.75
|
26,601,866
|
1.65
|
0.00
|
to
|
1.50
|
13.29
|
to
|
11.61
|
||||||||
12/31/2013
|
1,059,391
|
15.36
|
to
|
15.01
|
19,728,648
|
1.84
|
0.00
|
to
|
1.50
|
31.91
|
to
|
29.96
|
||||||||
12/31/2012
|
876,617
|
11.64
|
to
|
11.55
|
12,543,718
|
2.08
|
0.00
|
to
|
1.50
|
15.63
|
to
|
13.91
|
||||||||
12/31/2011
|
746,995
|
10.07
|
to
|
10.14
|
9,370,215
|
1.73
|
0.00
|
to
|
1.50
|
1.78
|
to
|
0.28
|
||||||||
Franklin Founding Funds Allocation Class 4 Shares
|
||||||||||||||||||||
12/31/2015
|
121,175
|
19.21
|
to
|
17.39
|
2,174,203
|
2.75
|
0.00
|
to
|
1.50
|
(6.24)
|
to
|
(7.63)
|
||||||||
12/31/2014
|
133,889
|
20.49
|
to
|
18.83
|
2,597,442
|
2.76
|
0.00
|
to
|
1.50
|
2.75
|
to
|
1.23
|
||||||||
12/31/2013
|
114,612
|
19.94
|
to
|
18.60
|
2,194,012
|
10.64
|
0.00
|
to
|
1.50
|
23.68
|
to
|
21.85
|
||||||||
12/31/2012
|
67,298
|
16.12
|
to
|
15.27
|
1,050,329
|
2.54
|
0.00
|
to
|
1.50
|
15.17
|
to
|
13.46
|
||||||||
12/31/2011
|
48,942
|
14.00
|
to
|
13.45
|
669,001
|
0.02
|
0.00
|
to
|
1.50
|
(1.67)
|
to
|
(3.12)
|
||||||||
ProFund VP Asia 30
|
||||||||||||||||||||
12/31/2015
|
435,476
|
8.44
|
to
|
8.83
|
3,462,185
|
0.28
|
0.00
|
to
|
1.50
|
(9.38)
|
to
|
(10.72)
|
||||||||
12/31/2014
|
453,883
|
9.31
|
to
|
9.89
|
4,005,729
|
0.07
|
0.00
|
to
|
1.50
|
(1.57)
|
to
|
(3.02)
|
||||||||
12/31/2013
|
578,009
|
9.46
|
to
|
10.20
|
5,217,606
|
0.06
|
0.00
|
to
|
1.50
|
14.97
|
to
|
13.27
|
||||||||
12/31/2012
|
542,558
|
8.23
|
to
|
9.01
|
4,292,528
|
-
|
0.00
|
to
|
1.50
|
15.48
|
to
|
13.76
|
||||||||
12/31/2011
|
568,855
|
7.13
|
to
|
7.92
|
3,927,613
|
0.04
|
0.00
|
to
|
1.50
|
(27.00)
|
to
|
(28.07)
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights (continued)
|
|||||||||||||||||||
At December 31
|
For the Year Ended December 31
|
|||||||||||||||||||
Unit Fair Value
|
Expense
|
Total Return***
|
||||||||||||||||||
Corresponding to
|
Investment
|
Ratio**
|
Corresponding to
|
|||||||||||||||||
Lowest to Highest
|
Net
|
Income
|
Lowest to
|
Lowest to Highest
|
||||||||||||||||
Subaccount
|
Units
|
Expense Ratio
|
Assets
|
Ratio*
|
Highest
|
Expense Ratio
|
||||||||||||||
ProFund VP Basic Materials
|
||||||||||||||||||||
12/31/2015
|
273,931
|
$9.38
|
to
|
$8.52
|
$ 2,414,831
|
0.59
|
%
|
0.00
|
%
|
to
|
1.50
|
%
|
(13.92)
|
%
|
to
|
(15.19)
|
%
|
|||
12/31/2014
|
312,424
|
10.90
|
to
|
10.05
|
3,214,324
|
0.58
|
0.00
|
to
|
1.50
|
1.69
|
to
|
0.18
|
||||||||
12/31/2013
|
382,073
|
10.72
|
to
|
10.03
|
3,893,330
|
0.95
|
0.00
|
to
|
1.50
|
18.43
|
to
|
16.68
|
||||||||
12/31/2012
|
495,453
|
9.05
|
to
|
8.59
|
4,299,388
|
0.32
|
0.00
|
to
|
1.50
|
8.49
|
to
|
6.87
|
||||||||
12/31/2011
|
556,324
|
8.34
|
to
|
8.04
|
4,487,958
|
0.13
|
0.00
|
to
|
1.50
|
(16.15)
|
to
|
(17.39)
|
||||||||
ProFund VP Bull
|
||||||||||||||||||||
12/31/2015
|
428,545
|
15.27
|
to
|
14.81
|
6,714,298
|
-
|
0.00
|
to
|
1.50
|
(0.46)
|
to
|
(1.93)
|
||||||||
12/31/2014
|
494,107
|
15.34
|
to
|
15.11
|
7,847,701
|
-
|
0.00
|
to
|
1.50
|
11.47
|
to
|
9.82
|
||||||||
12/31/2013
|
379,024
|
13.76
|
to
|
13.75
|
5,456,864
|
-
|
0.00
|
to
|
1.50
|
29.76
|
to
|
27.84
|
||||||||
12/31/2012
|
225,815
|
10.61
|
to
|
10.76
|
2,527,591
|
-
|
0.00
|
to
|
1.50
|
13.89
|
to
|
12.20
|
||||||||
12/31/2011
|
244,235
|
9.31
|
to
|
9.59
|
2,419,318
|
-
|
0.00
|
to
|
1.50
|
0.00
|
to
|
(1.47)
|
||||||||
ProFund VP Consumer Services
|
||||||||||||||||||||
12/31/2015
|
190,269
|
23.96
|
to
|
23.91
|
4,223,671
|
-
|
0.00
|
to
|
1.50
|
4.69
|
to
|
3.14
|
||||||||
12/31/2014
|
170,913
|
22.89
|
to
|
23.18
|
3,676,431
|
-
|
0.00
|
to
|
1.50
|
12.46
|
to
|
10.80
|
||||||||
12/31/2013
|
174,922
|
20.35
|
to
|
20.92
|
3,394,209
|
0.23
|
0.00
|
to
|
1.50
|
39.87
|
to
|
37.80
|
||||||||
12/31/2012
|
117,709
|
14.55
|
to
|
15.18
|
1,646,930
|
-
|
0.00
|
to
|
1.50
|
22.10
|
to
|
20.29
|
||||||||
12/31/2011
|
161,851
|
11.92
|
to
|
12.62
|
1,868,275
|
-
|
0.00
|
to
|
1.50
|
5.50
|
to
|
3.94
|
||||||||
ProFund VP Emerging Markets
|
||||||||||||||||||||
12/31/2015
|
461,587
|
5.77
|
to
|
5.78
|
2,529,081
|
0.96
|
0.00
|
to
|
1.50
|
(17.36)
|
to
|
(18.59)
|
||||||||
12/31/2014
|
473,019
|
6.98
|
to
|
7.10
|
3,137,159
|
0.18
|
0.00
|
to
|
1.50
|
(3.42)
|
to
|
(4.85)
|
||||||||
12/31/2013
|
763,357
|
7.23
|
to
|
7.47
|
5,251,045
|
0.62
|
0.00
|
to
|
1.50
|
(6.42)
|
to
|
(7.81)
|
||||||||
12/31/2012
|
1,236,122
|
7.73
|
to
|
8.10
|
9,160,476
|
1.06
|
0.00
|
to
|
1.50
|
6.57
|
to
|
4.99
|
||||||||
12/31/2011
|
803,984
|
7.25
|
to
|
7.71
|
5,637,656
|
-
|
0.00
|
to
|
1.50
|
(19.70)
|
to
|
(20.89)
|
||||||||
ProFund VP Europe 30
|
||||||||||||||||||||
12/31/2015
|
136,433
|
8.65
|
to
|
8.03
|
1,117,414
|
4.75
|
0.00
|
to
|
1.50
|
(10.88)
|
to
|
(12.20)
|
||||||||
12/31/2014
|
90,875
|
9.70
|
to
|
9.14
|
840,921
|
0.95
|
0.00
|
to
|
1.50
|
(8.65)
|
to
|
(10.00)
|
||||||||
12/31/2013
|
70,112
|
10.62
|
to
|
10.16
|
710,051
|
0.36
|
0.00
|
to
|
1.50
|
21.64
|
to
|
19.84
|
||||||||
12/31/2012
|
227,698
|
8.73
|
to
|
8.48
|
1,908,666
|
2.21
|
0.00
|
to
|
1.50
|
16.60
|
to
|
14.86
|
||||||||
12/31/2011
|
44,483
|
7.49
|
to
|
7.38
|
322,844
|
0.61
|
0.00
|
to
|
1.50
|
(8.88)
|
to
|
(10.23)
|
||||||||
ProFund VP Falling U.S. Dollar
|
||||||||||||||||||||
12/31/2015
|
76,535
|
6.85
|
to
|
6.01
|
505,042
|
-
|
0.00
|
to
|
1.50
|
(10.01)
|
to
|
(11.34)
|
||||||||
12/31/2014
|
50,926
|
7.61
|
to
|
6.78
|
369,511
|
-
|
0.00
|
to
|
1.50
|
(12.60)
|
to
|
(13.89)
|
||||||||
12/31/2013
|
91,312
|
8.71
|
to
|
7.87
|
757,593
|
-
|
0.00
|
to
|
1.50
|
(2.01)
|
to
|
(3.46)
|
||||||||
12/31/2012
|
68,179
|
8.89
|
to
|
8.16
|
581,557
|
-
|
0.00
|
to
|
1.50
|
(0.77)
|
to
|
(2.24)
|
||||||||
12/31/2011
|
70,638
|
8.96
|
to
|
8.34
|
612,079
|
-
|
0.00
|
to
|
1.50
|
(2.72)
|
to
|
(4.16)
|
||||||||
ProFund VP Financials
|
||||||||||||||||||||
12/31/2015
|
287,364
|
10.78
|
to
|
12.36
|
2,994,973
|
0.34
|
0.00
|
to
|
1.50
|
(1.49)
|
to
|
(2.95)
|
||||||||
12/31/2014
|
356,539
|
10.94
|
to
|
12.74
|
3,733,080
|
0.21
|
0.00
|
to
|
1.50
|
12.92
|
to
|
11.25
|
||||||||
12/31/2013
|
384,821
|
9.69
|
to
|
11.45
|
3,559,313
|
0.33
|
0.00
|
to
|
1.50
|
32.08
|
to
|
30.13
|
||||||||
12/31/2012
|
291,521
|
7.33
|
to
|
8.80
|
2,057,578
|
0.15
|
0.00
|
to
|
1.50
|
24.73
|
to
|
22.88
|
||||||||
12/31/2011
|
286,101
|
5.88
|
to
|
7.16
|
1,628,344
|
-
|
0.00
|
to
|
1.50
|
(13.83)
|
to
|
(15.10)
|
||||||||
ProFund VP International
|
||||||||||||||||||||
12/31/2015
|
162,334
|
8.54
|
to
|
8.24
|
1,319,773
|
-
|
0.00
|
to
|
1.50
|
(3.52)
|
to
|
(4.95)
|
||||||||
12/31/2014
|
184,987
|
8.85
|
to
|
8.67
|
1,559,803
|
-
|
0.00
|
to
|
1.50
|
(8.11)
|
to
|
(9.47)
|
||||||||
12/31/2013
|
297,995
|
9.64
|
to
|
9.58
|
2,733,179
|
-
|
0.00
|
to
|
1.50
|
19.49
|
to
|
17.73
|
||||||||
12/31/2012
|
273,373
|
8.06
|
to
|
8.14
|
2,114,787
|
-
|
0.00
|
to
|
1.50
|
15.93
|
to
|
14.21
|
||||||||
12/31/2011
|
213,244
|
6.96
|
to
|
7.12
|
1,434,875
|
-
|
0.00
|
to
|
1.50
|
(14.34)
|
to
|
(15.60)
|
||||||||
ProFund VP Japan
|
||||||||||||||||||||
12/31/2015
|
259,368
|
10.94
|
to
|
10.11
|
2,766,547
|
-
|
0.00
|
to
|
1.50
|
5.81
|
to
|
4.25
|
||||||||
12/31/2014
|
106,107
|
10.34
|
to
|
9.69
|
1,054,285
|
-
|
0.00
|
to
|
1.50
|
3.23
|
to
|
1.70
|
||||||||
12/31/2013
|
264,230
|
10.02
|
to
|
9.53
|
2,520,139
|
-
|
0.00
|
to
|
1.50
|
48.24
|
to
|
46.05
|
||||||||
12/31/2012
|
35,668
|
6.76
|
to
|
6.53
|
231,290
|
-
|
0.00
|
to
|
1.50
|
22.95
|
to
|
21.12
|
||||||||
12/31/2011
|
229,831
|
5.50
|
to
|
5.39
|
1,222,963
|
-
|
0.00
|
to
|
1.50
|
(18.54)
|
to
|
(19.74)
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights (continued)
|
|||||||||||||||||||
At December 31
|
For the Year Ended December 31
|
|||||||||||||||||||
Unit Fair Value
|
Expense
|
Total Return***
|
||||||||||||||||||
Corresponding to
|
Investment
|
Ratio**
|
Corresponding to
|
|||||||||||||||||
Lowest to Highest
|
Net
|
Income
|
Lowest to
|
Lowest to Highest
|
||||||||||||||||
Subaccount
|
Units
|
Expense Ratio
|
Assets
|
Ratio*
|
Highest
|
Expense Ratio
|
||||||||||||||
ProFund VP Mid-Cap
|
||||||||||||||||||||
12/31/2015
|
204,135
|
$15.97
|
to
|
$14.93
|
$ 3,034,728
|
-
|
%
|
0.00
|
%
|
to
|
1.50
|
%
|
(4.45)
|
%
|
to
|
(5.86)
|
%
|
|||
12/31/2014
|
293,798
|
16.72
|
to
|
15.86
|
4,612,463
|
-
|
0.00
|
to
|
1.50
|
7.65
|
to
|
6.06
|
||||||||
12/31/2013
|
354,544
|
15.53
|
to
|
14.96
|
5,239,823
|
-
|
0.00
|
to
|
1.50
|
30.79
|
to
|
28.86
|
||||||||
12/31/2012
|
415,231
|
11.87
|
to
|
11.61
|
4,734,725
|
-
|
0.00
|
to
|
1.50
|
15.54
|
to
|
13.82
|
||||||||
12/31/2011
|
242,163
|
10.28
|
to
|
10.20
|
2,408,185
|
-
|
0.00
|
to
|
1.50
|
(4.18)
|
to
|
(5.60)
|
||||||||
ProFund VP Money Market
|
||||||||||||||||||||
12/31/2015
|
1,630,675
|
10.55
|
to
|
8.97
|
16,093,644
|
0.02
|
0.00
|
to
|
1.50
|
0.02
|
to
|
(1.45)
|
||||||||
12/31/2014
|
1,622,711
|
10.55
|
to
|
9.11
|
16,150,205
|
0.02
|
0.00
|
to
|
1.50
|
0.02
|
to
|
(1.46)
|
||||||||
12/31/2013
|
1,587,303
|
10.55
|
to
|
9.24
|
15,951,315
|
0.02
|
0.00
|
to
|
1.50
|
0.02
|
to
|
(1.46)
|
||||||||
12/31/2012
|
1,666,459
|
10.54
|
to
|
9.38
|
16,875,141
|
0.02
|
0.00
|
to
|
1.50
|
0.02
|
to
|
(1.47)
|
||||||||
12/31/2011
|
2,101,918
|
10.54
|
to
|
9.52
|
21,461,631
|
0.02
|
0.00
|
to
|
1.50
|
0.02
|
to
|
(1.45)
|
||||||||
ProFund VP NASDAQ-100
|
||||||||||||||||||||
12/31/2015
|
445,017
|
24.53
|
to
|
21.24
|
10,857,808
|
-
|
0.00
|
to
|
1.50
|
7.45
|
to
|
5.87
|
||||||||
12/31/2014
|
668,036
|
22.83
|
to
|
20.06
|
15,744,895
|
-
|
0.00
|
to
|
1.50
|
17.01
|
to
|
15.28
|
||||||||
12/31/2013
|
370,711
|
19.51
|
to
|
17.40
|
7,650,822
|
-
|
0.00
|
to
|
1.50
|
34.27
|
to
|
32.29
|
||||||||
12/31/2012
|
394,212
|
14.53
|
to
|
13.15
|
6,111,813
|
-
|
0.00
|
to
|
1.50
|
16.23
|
to
|
14.51
|
||||||||
12/31/2011
|
632,681
|
12.50
|
to
|
11.49
|
8,536,019
|
-
|
0.00
|
to
|
1.50
|
1.45
|
to
|
(0.04)
|
||||||||
ProFund VP Oil & Gas
|
||||||||||||||||||||
12/31/2015
|
900,764
|
7.76
|
to
|
6.42
|
6,554,109
|
0.62
|
0.00
|
to
|
1.50
|
(23.37)
|
to
|
(24.51)
|
||||||||
12/31/2014
|
730,537
|
10.13
|
to
|
8.50
|
6,968,686
|
0.40
|
0.00
|
to
|
1.50
|
(10.87)
|
to
|
(12.19)
|
||||||||
12/31/2013
|
716,936
|
11.36
|
to
|
9.68
|
7,726,500
|
0.42
|
0.00
|
to
|
1.50
|
24.07
|
to
|
22.24
|
||||||||
12/31/2012
|
790,956
|
9.16
|
to
|
7.92
|
6,935,800
|
0.11
|
0.00
|
to
|
1.50
|
2.90
|
to
|
1.37
|
||||||||
12/31/2011
|
763,702
|
8.90
|
to
|
7.82
|
6,560,703
|
0.14
|
0.00
|
to
|
1.50
|
2.25
|
to
|
0.74
|
||||||||
ProFund VP Pharmaceuticals
|
||||||||||||||||||||
12/31/2015
|
455,798
|
21.75
|
to
|
20.74
|
9,303,317
|
0.48
|
0.00
|
to
|
1.50
|
4.44
|
to
|
2.90
|
||||||||
12/31/2014
|
421,078
|
20.82
|
to
|
20.16
|
8,282,932
|
0.70
|
0.00
|
to
|
1.50
|
19.36
|
to
|
17.60
|
||||||||
12/31/2013
|
272,535
|
17.45
|
to
|
17.14
|
4,526,613
|
1.57
|
0.00
|
to
|
1.50
|
31.63
|
to
|
29.68
|
||||||||
12/31/2012
|
203,390
|
13.25
|
to
|
13.22
|
2,587,654
|
1.19
|
0.00
|
to
|
1.50
|
11.85
|
to
|
10.19
|
||||||||
12/31/2011
|
261,752
|
11.85
|
to
|
12.00
|
3,002,517
|
1.25
|
0.00
|
to
|
1.50
|
16.13
|
to
|
14.42
|
||||||||
ProFund VP Precious Metals
|
||||||||||||||||||||
12/31/2015
|
1,280,202
|
2.35
|
to
|
2.26
|
2,835,371
|
-
|
0.00
|
to
|
1.50
|
(32.85)
|
to
|
(33.85)
|
||||||||
12/31/2014
|
1,054,767
|
3.51
|
to
|
3.42
|
3,496,463
|
-
|
0.00
|
to
|
1.50
|
(23.86)
|
to
|
(24.99)
|
||||||||
12/31/2013
|
888,589
|
4.61
|
to
|
4.56
|
3,896,411
|
-
|
0.00
|
to
|
1.50
|
(37.94)
|
to
|
(38.86)
|
||||||||
12/31/2012
|
1,046,238
|
7.42
|
to
|
7.46
|
7,452,780
|
-
|
0.00
|
to
|
1.50
|
(14.55)
|
to
|
(15.82)
|
||||||||
12/31/2011
|
995,438
|
8.69
|
to
|
8.87
|
8,366,429
|
-
|
0.00
|
to
|
1.50
|
(19.21)
|
to
|
(20.41)
|
||||||||
ProFund VP Short Emerging Markets
|
||||||||||||||||||||
12/31/2015
|
122,578
|
5.75
|
to
|
4.78
|
724,605
|
-
|
0.00
|
to
|
1.50
|
11.52
|
to
|
9.87
|
||||||||
12/31/2014
|
208,907
|
5.16
|
to
|
4.35
|
1,039,511
|
-
|
0.00
|
to
|
1.50
|
(2.93)
|
to
|
(4.36)
|
||||||||
12/31/2013
|
83,885
|
5.32
|
to
|
4.55
|
421,715
|
-
|
0.00
|
to
|
1.50
|
(0.23)
|
to
|
(1.70)
|
||||||||
12/31/2012
|
82,268
|
5.33
|
to
|
4.63
|
419,101
|
-
|
0.00
|
to
|
1.50
|
(13.04)
|
to
|
(14.34)
|
||||||||
12/31/2011
|
99,480
|
6.13
|
to
|
5.40
|
588,647
|
-
|
0.00
|
to
|
1.50
|
10.66
|
to
|
9.03
|
||||||||
ProFund VP Short International
|
||||||||||||||||||||
12/31/2015
|
95,098
|
4.87
|
to
|
4.07
|
439,797
|
-
|
0.00
|
to
|
1.50
|
(3.78)
|
to
|
(5.20)
|
||||||||
12/31/2014
|
116,136
|
5.06
|
to
|
4.30
|
555,329
|
-
|
0.00
|
to
|
1.50
|
2.80
|
to
|
1.28
|
||||||||
12/31/2013
|
91,408
|
4.92
|
to
|
4.24
|
425,812
|
-
|
0.00
|
to
|
1.50
|
(21.01)
|
to
|
(22.18)
|
||||||||
12/31/2012
|
91,105
|
6.23
|
to
|
5.45
|
543,662
|
-
|
0.00
|
to
|
1.50
|
(20.15)
|
to
|
(21.34)
|
||||||||
12/31/2011
|
88,075
|
7.80
|
to
|
6.93
|
664,257
|
-
|
0.00
|
to
|
1.50
|
1.80
|
to
|
0.30
|
||||||||
ProFund VP Short NASDAQ-100
|
||||||||||||||||||||
12/31/2015
|
362,766
|
2.15
|
to
|
1.97
|
750,478
|
-
|
0.00
|
to
|
1.50
|
(13.04)
|
to
|
(14.33)
|
||||||||
12/31/2014
|
205,788
|
2.47
|
to
|
2.30
|
487,879
|
-
|
0.00
|
to
|
1.50
|
(19.38)
|
to
|
(20.57)
|
||||||||
12/31/2013
|
198,467
|
3.07
|
to
|
2.90
|
578,643
|
-
|
0.00
|
to
|
1.50
|
(29.40)
|
to
|
(30.45)
|
||||||||
12/31/2012
|
220,406
|
4.34
|
to
|
4.17
|
918,403
|
-
|
0.00
|
to
|
1.50
|
(18.79)
|
to
|
(20.00)
|
||||||||
12/31/2011
|
186,573
|
5.35
|
to
|
5.22
|
964,827
|
-
|
0.00
|
to
|
1.50
|
(10.48)
|
to
|
(11.80)
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights (continued)
|
|||||||||||||||||||
At December 31
|
For the Year Ended December 31
|
|||||||||||||||||||
Unit Fair Value
|
Expense
|
Total Return***
|
||||||||||||||||||
Corresponding to
|
Investment
|
Ratio**
|
Corresponding to
|
|||||||||||||||||
Lowest to Highest
|
Net
|
Income
|
Lowest to
|
Lowest to Highest
|
||||||||||||||||
Subaccount
|
Units
|
Expense Ratio
|
Assets
|
Ratio*
|
Highest
|
Expense Ratio
|
||||||||||||||
ProFund VP Short Small-Cap
|
||||||||||||||||||||
12/31/2015
|
263,480
|
$2.79
|
to
|
$2.17
|
$ 619,952
|
-
|
%
|
0.00
|
%
|
to
|
1.50
|
%
|
(0.82)
|
%
|
to
|
(2.29)
|
%
|
|||
12/31/2014
|
348,509
|
2.81
|
to
|
2.22
|
821,602
|
-
|
0.00
|
to
|
1.50
|
(9.23)
|
to
|
(10.57)
|
||||||||
12/31/2013
|
418,451
|
3.10
|
to
|
2.48
|
1,095,526
|
-
|
0.00
|
to
|
1.50
|
(31.25)
|
to
|
(32.27)
|
||||||||
12/31/2012
|
193,702
|
4.51
|
to
|
3.67
|
742,671
|
-
|
0.00
|
to
|
1.50
|
(18.96)
|
to
|
(20.17)
|
||||||||
12/31/2011
|
234,389
|
5.56
|
to
|
4.59
|
1,119,129
|
-
|
0.00
|
to
|
1.50
|
(9.09)
|
to
|
(10.43)
|
||||||||
ProFund VP Small-Cap
|
||||||||||||||||||||
12/31/2015
|
244,845
|
14.53
|
to
|
14.78
|
3,577,901
|
-
|
0.00
|
to
|
1.50
|
(6.21)
|
to
|
(7.59)
|
||||||||
12/31/2014
|
178,697
|
15.49
|
to
|
15.99
|
2,819,996
|
-
|
0.00
|
to
|
1.50
|
2.48
|
to
|
0.96
|
||||||||
12/31/2013
|
575,020
|
15.11
|
to
|
15.84
|
8,997,181
|
-
|
0.00
|
to
|
1.50
|
37.18
|
to
|
35.16
|
||||||||
12/31/2012
|
517,762
|
11.02
|
to
|
11.72
|
5,953,688
|
-
|
0.00
|
to
|
1.50
|
14.75
|
to
|
13.04
|
||||||||
12/31/2011
|
171,448
|
9.60
|
to
|
10.37
|
1,729,449
|
-
|
0.00
|
to
|
1.50
|
(5.65)
|
to
|
(7.05)
|
||||||||
ProFund VP Small-Cap Value
|
||||||||||||||||||||
12/31/2015
|
136,649
|
15.92
|
to
|
15.53
|
2,027,849
|
-
|
0.00
|
to
|
1.50
|
(8.28)
|
to
|
(9.63)
|
||||||||
12/31/2014
|
93,224
|
17.36
|
to
|
17.18
|
1,524,315
|
-
|
0.00
|
to
|
1.50
|
5.81
|
to
|
4.25
|
||||||||
12/31/2013
|
328,402
|
16.40
|
to
|
16.48
|
5,135,188
|
0.34
|
0.00
|
to
|
1.50
|
37.67
|
to
|
35.64
|
||||||||
12/31/2012
|
401,611
|
11.91
|
to
|
12.15
|
4,597,660
|
-
|
0.00
|
to
|
1.50
|
16.16
|
to
|
14.43
|
||||||||
12/31/2011
|
58,587
|
10.26
|
to
|
10.62
|
584,329
|
-
|
0.00
|
to
|
1.50
|
(4.10)
|
to
|
(5.52)
|
||||||||
ProFund VP Telecommunications
|
||||||||||||||||||||
12/31/2015
|
83,864
|
13.12
|
to
|
12.49
|
1,037,938
|
1.53
|
0.00
|
to
|
1.50
|
1.52
|
to
|
0.02
|
||||||||
12/31/2014
|
46,805
|
12.93
|
to
|
12.49
|
573,414
|
3.47
|
0.00
|
to
|
1.50
|
0.57
|
to
|
(0.92)
|
||||||||
12/31/2013
|
54,824
|
12.85
|
to
|
12.60
|
672,142
|
3.00
|
0.00
|
to
|
1.50
|
12.07
|
to
|
10.41
|
||||||||
12/31/2012
|
94,696
|
11.47
|
to
|
11.41
|
1,043,007
|
1.62
|
0.00
|
to
|
1.50
|
16.52
|
to
|
14.79
|
||||||||
12/31/2011
|
25,563
|
9.84
|
to
|
9.94
|
243,416
|
5.16
|
0.00
|
to
|
1.50
|
1.87
|
to
|
0.36
|
||||||||
ProFund VP U.S. Government Plus
|
||||||||||||||||||||
12/31/2015
|
256,958
|
16.92
|
to
|
14.99
|
4,052,870
|
-
|
0.00
|
to
|
1.50
|
(5.64)
|
to
|
(7.04)
|
||||||||
12/31/2014
|
472,277
|
17.93
|
to
|
16.12
|
7,978,988
|
0.15
|
0.00
|
to
|
1.50
|
36.39
|
to
|
34.38
|
||||||||
12/31/2013
|
185,209
|
13.14
|
to
|
12.00
|
2,316,197
|
0.19
|
0.00
|
to
|
1.50
|
(19.11)
|
to
|
(20.31)
|
||||||||
12/31/2012
|
514,580
|
16.25
|
to
|
15.06
|
8,023,704
|
-
|
0.00
|
to
|
1.50
|
0.97
|
to
|
(0.53)
|
||||||||
12/31/2011
|
376,481
|
16.09
|
to
|
15.14
|
5,859,541
|
0.15
|
0.00
|
to
|
1.50
|
43.51
|
to
|
41.40
|
||||||||
ProFund VP UltraNASDAQ-100
|
||||||||||||||||||||
12/31/2015
|
617,642
|
25.73
|
to
|
24.63
|
15,594,241
|
-
|
0.30
|
to
|
1.50
|
13.26
|
to
|
11.92
|
||||||||
12/31/2014
|
752,703
|
22.71
|
to
|
22.01
|
16,847,427
|
-
|
0.30
|
to
|
1.50
|
35.43
|
to
|
33.83
|
||||||||
12/31/2013
|
524,419
|
16.77
|
to
|
16.44
|
8,712,260
|
-
|
0.30
|
to
|
1.50
|
78.51
|
to
|
76.40
|
||||||||
12/31/2012(1)
|
246,425
|
9.40
|
to
|
9.32
|
2,306,031
|
-
|
0.30
|
to
|
1.50
|
-
|
to
|
-
|
||||||||
ProFund VP UltraSmall-Cap
|
||||||||||||||||||||
12/31/2015
|
395,475
|
15.15
|
to
|
15.60
|
5,703,293
|
-
|
0.00
|
to
|
1.50
|
(12.97)
|
to
|
(14.26)
|
||||||||
12/31/2014
|
462,449
|
17.40
|
to
|
18.20
|
7,663,963
|
-
|
0.00
|
to
|
1.50
|
5.38
|
to
|
3.82
|
||||||||
12/31/2013
|
687,819
|
16.52
|
to
|
17.53
|
10,830,668
|
-
|
0.00
|
to
|
1.50
|
86.66
|
to
|
83.90
|
||||||||
12/31/2012
|
491,935
|
8.85
|
to
|
9.53
|
4,189,182
|
-
|
0.00
|
to
|
1.50
|
29.51
|
to
|
27.59
|
||||||||
12/31/2011
|
869,109
|
6.83
|
to
|
7.47
|
5,757,669
|
-
|
0.00
|
to
|
1.50
|
(18.83)
|
to
|
(20.03)
|
||||||||
ProFund VP Utilities
|
||||||||||||||||||||
12/31/2015
|
247,102
|
13.89
|
to
|
11.93
|
3,258,508
|
2.08
|
0.00
|
to
|
1.50
|
(6.40)
|
to
|
(7.79)
|
||||||||
12/31/2014
|
308,266
|
14.84
|
to
|
12.94
|
4,337,857
|
1.35
|
0.00
|
to
|
1.50
|
25.88
|
to
|
24.02
|
||||||||
12/31/2013
|
187,028
|
11.79
|
to
|
10.44
|
2,094,772
|
2.62
|
0.00
|
to
|
1.50
|
13.31
|
to
|
11.64
|
||||||||
12/31/2012
|
225,244
|
10.41
|
to
|
9.35
|
2,246,366
|
2.18
|
0.00
|
to
|
1.50
|
0.14
|
to
|
(1.35)
|
||||||||
12/31/2011
|
377,544
|
10.39
|
to
|
9.47
|
3,795,806
|
2.13
|
0.00
|
to
|
1.50
|
17.51
|
to
|
15.78
|
||||||||
TA AB Dynamic Allocation Initial Class
|
||||||||||||||||||||
12/31/2015
|
203,856
|
13.49
|
to
|
10.90
|
3,288,538
|
1.24
|
0.00
|
to
|
1.50
|
(0.08)
|
to
|
(1.55)
|
||||||||
12/31/2014
|
213,851
|
13.50
|
to
|
11.07
|
3,623,943
|
1.01
|
0.00
|
to
|
1.50
|
5.56
|
to
|
4.00
|
||||||||
12/31/2013
|
211,633
|
12.79
|
to
|
10.65
|
3,473,693
|
1.15
|
0.00
|
to
|
1.50
|
7.18
|
to
|
5.60
|
||||||||
12/31/2012
|
218,737
|
11.93
|
to
|
10.08
|
3,397,039
|
0.86
|
0.00
|
to
|
1.50
|
6.14
|
to
|
4.56
|
||||||||
12/31/2011
|
202,856
|
11.24
|
to
|
9.64
|
3,015,977
|
0.75
|
0.00
|
to
|
1.50
|
1.81
|
to
|
0.31
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights (continued)
|
|||||||||||||||||||
At December 31
|
For the Year Ended December 31
|
|||||||||||||||||||
Unit Fair Value
|
Expense
|
Total Return***
|
||||||||||||||||||
Corresponding to
|
Investment
|
Ratio**
|
Corresponding to
|
|||||||||||||||||
Lowest to Highest
|
Net
|
Income
|
Lowest to
|
Lowest to Highest
|
||||||||||||||||
Subaccount
|
Units
|
Expense Ratio
|
Assets
|
Ratio*
|
Highest
|
Expense Ratio
|
||||||||||||||
TA Aegon High Yield Bond Initial Class
|
||||||||||||||||||||
12/31/2015
|
744,419
|
$16.95
|
to
|
$14.76
|
$ 14,024,320
|
5.88
|
%
|
0.00
|
%
|
to
|
1.50
|
%
|
(4.22)
|
%
|
to
|
(5.64)
|
%
|
|||
12/31/2014
|
768,308
|
17.69
|
to
|
15.64
|
15,700,265
|
4.94
|
0.00
|
to
|
1.50
|
3.98
|
to
|
2.44
|
||||||||
12/31/2013
|
958,905
|
17.02
|
to
|
15.27
|
19,315,590
|
5.47
|
0.00
|
to
|
1.50
|
6.60
|
to
|
5.02
|
||||||||
12/31/2012
|
1,235,389
|
15.96
|
to
|
14.54
|
23,598,480
|
6.51
|
0.00
|
to
|
1.50
|
17.37
|
to
|
15.63
|
||||||||
12/31/2011
|
934,685
|
13.60
|
to
|
12.58
|
15,387,057
|
5.02
|
0.00
|
to
|
1.50
|
4.77
|
to
|
3.22
|
||||||||
TA Aegon Money Market Initial Class
|
||||||||||||||||||||
12/31/2015
|
2,289,766
|
10.86
|
to
|
9.04
|
36,829,733
|
0.01
|
0.00
|
to
|
1.50
|
0.01
|
to
|
(1.47)
|
||||||||
12/31/2014
|
1,935,426
|
10.85
|
to
|
9.18
|
33,526,122
|
0.01
|
0.00
|
to
|
1.50
|
0.01
|
to
|
(1.47)
|
||||||||
12/31/2013
|
2,061,971
|
10.85
|
to
|
9.32
|
37,528,464
|
0.01
|
0.00
|
to
|
1.50
|
0.01
|
to
|
(1.47)
|
||||||||
12/31/2012
|
2,189,241
|
10.85
|
to
|
9.46
|
41,402,846
|
0.01
|
0.00
|
to
|
1.50
|
0.01
|
to
|
(1.48)
|
||||||||
12/31/2011
|
2,588,063
|
10.85
|
to
|
9.60
|
49,515,480
|
0.01
|
0.00
|
to
|
1.50
|
0.01
|
to
|
(1.47)
|
||||||||
TA Aegon U.S. Government Securities Initial Class
|
||||||||||||||||||||
12/31/2015
|
610,031
|
14.48
|
to
|
11.92
|
8,753,320
|
2.12
|
0.00
|
to
|
1.50
|
0.10
|
to
|
(1.38)
|
||||||||
12/31/2014
|
545,908
|
14.46
|
to
|
12.09
|
8,089,421
|
4.36
|
0.00
|
to
|
1.50
|
4.66
|
to
|
3.11
|
||||||||
12/31/2013
|
548,374
|
13.82
|
to
|
11.72
|
7,951,648
|
2.15
|
0.00
|
to
|
1.50
|
(2.24)
|
to
|
(3.68)
|
||||||||
12/31/2012
|
788,175
|
14.14
|
to
|
12.17
|
11,800,019
|
1.73
|
0.00
|
to
|
1.50
|
5.14
|
to
|
3.58
|
||||||||
12/31/2011
|
837,085
|
13.44
|
to
|
11.75
|
12,040,949
|
2.71
|
0.00
|
to
|
1.50
|
7.61
|
to
|
6.02
|
||||||||
TA Asset Allocation - Conservative Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,928,238
|
14.12
|
to
|
12.22
|
32,182,847
|
2.24
|
0.00
|
to
|
1.50
|
(1.96)
|
to
|
(3.41)
|
||||||||
12/31/2014
|
2,056,965
|
14.40
|
to
|
12.65
|
35,981,682
|
2.69
|
0.00
|
to
|
1.50
|
2.19
|
to
|
0.68
|
||||||||
12/31/2013
|
2,123,723
|
14.09
|
to
|
12.56
|
36,960,009
|
3.07
|
0.00
|
to
|
1.50
|
9.37
|
to
|
7.75
|
||||||||
12/31/2012
|
2,646,980
|
12.89
|
to
|
11.66
|
42,471,943
|
3.16
|
0.00
|
to
|
1.50
|
7.46
|
to
|
5.86
|
||||||||
12/31/2011
|
2,664,010
|
11.99
|
to
|
11.01
|
40,133,908
|
2.75
|
0.00
|
to
|
1.50
|
2.65
|
to
|
1.14
|
||||||||
TA Asset Allocation - Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
15,502,585
|
13.78
|
to
|
12.59
|
269,244,867
|
1.64
|
0.00
|
to
|
1.50
|
(1.93)
|
to
|
(3.38)
|
||||||||
12/31/2014
|
15,922,532
|
14.05
|
to
|
13.03
|
296,118,850
|
2.34
|
0.00
|
to
|
1.50
|
2.73
|
to
|
1.21
|
||||||||
12/31/2013
|
16,494,167
|
13.68
|
to
|
12.87
|
308,456,503
|
1.22
|
0.00
|
to
|
1.50
|
26.81
|
to
|
24.94
|
||||||||
12/31/2012
|
17,200,295
|
10.79
|
to
|
10.30
|
255,994,070
|
1.34
|
0.00
|
to
|
1.50
|
12.60
|
to
|
10.92
|
||||||||
12/31/2011
|
17,847,294
|
9.58
|
to
|
9.29
|
238,137,274
|
1.20
|
0.00
|
to
|
1.50
|
(5.42)
|
to
|
(6.81)
|
||||||||
TA Asset Allocation - Moderate Initial Class
|
||||||||||||||||||||
12/31/2015
|
4,313,192
|
14.42
|
to
|
12.52
|
73,628,323
|
2.01
|
0.00
|
to
|
1.50
|
(2.23)
|
to
|
(3.67)
|
||||||||
12/31/2014
|
4,527,820
|
14.75
|
to
|
13.00
|
82,581,771
|
2.23
|
0.00
|
to
|
1.50
|
2.77
|
to
|
1.25
|
||||||||
12/31/2013
|
4,718,623
|
14.35
|
to
|
12.84
|
86,176,699
|
2.44
|
0.00
|
to
|
1.50
|
13.50
|
to
|
11.82
|
||||||||
12/31/2012
|
4,989,483
|
12.64
|
to
|
11.48
|
81,048,545
|
2.62
|
0.00
|
to
|
1.50
|
9.44
|
to
|
7.81
|
||||||||
12/31/2011
|
5,511,783
|
11.55
|
to
|
10.65
|
82,588,491
|
2.23
|
0.00
|
to
|
1.50
|
0.59
|
to
|
(0.90)
|
||||||||
TA Asset Allocation - Moderate Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
15,834,085
|
14.08
|
to
|
12.59
|
272,495,299
|
2.19
|
0.00
|
to
|
1.50
|
(2.23)
|
to
|
(3.68)
|
||||||||
12/31/2014
|
16,383,697
|
14.40
|
to
|
13.07
|
302,518,621
|
2.68
|
0.00
|
to
|
1.50
|
2.57
|
to
|
1.06
|
||||||||
12/31/2013
|
16,718,753
|
14.04
|
to
|
12.94
|
312,493,818
|
2.29
|
0.00
|
to
|
1.50
|
19.38
|
to
|
17.62
|
||||||||
12/31/2012
|
17,748,639
|
11.76
|
to
|
11.00
|
280,495,309
|
2.48
|
0.00
|
to
|
1.50
|
10.65
|
to
|
9.00
|
||||||||
12/31/2011
|
18,829,416
|
10.63
|
to
|
10.09
|
271,487,804
|
2.04
|
0.00
|
to
|
1.50
|
(2.01)
|
to
|
(3.46)
|
||||||||
TA Barrow Hanley Dividend Focused Initial Class
|
||||||||||||||||||||
12/31/2015
|
2,357,254
|
14.57
|
to
|
13.70
|
66,699,906
|
1.85
|
0.00
|
to
|
1.50
|
(3.59)
|
to
|
(5.02)
|
||||||||
12/31/2014
|
2,458,343
|
15.11
|
to
|
14.42
|
77,266,260
|
1.34
|
0.00
|
to
|
1.50
|
12.17
|
to
|
10.51
|
||||||||
12/31/2013
|
2,340,738
|
13.47
|
to
|
13.05
|
69,350,456
|
2.35
|
0.00
|
to
|
1.50
|
30.24
|
to
|
28.32
|
||||||||
12/31/2012
|
2,546,573
|
10.34
|
to
|
10.17
|
60,489,028
|
1.80
|
0.00
|
to
|
1.50
|
11.72
|
to
|
10.06
|
||||||||
12/31/2011
|
2,689,394
|
9.26
|
to
|
9.24
|
58,346,888
|
1.73
|
0.00
|
to
|
1.50
|
2.74
|
to
|
1.22
|
||||||||
TA BlackRock Global Allocation Initial Class
|
||||||||||||||||||||
12/31/2015
|
541,955
|
11.74
|
to
|
11.11
|
6,219,680
|
2.95
|
0.30
|
to
|
1.50
|
(1.29)
|
to
|
(2.46)
|
||||||||
12/31/2014
|
542,404
|
11.90
|
to
|
11.39
|
6,329,555
|
2.83
|
0.30
|
to
|
1.50
|
1.78
|
to
|
0.58
|
||||||||
12/31/2013
|
475,997
|
11.69
|
to
|
11.33
|
5,486,130
|
2.00
|
0.30
|
to
|
1.50
|
14.27
|
to
|
12.92
|
||||||||
12/31/2012
|
365,905
|
10.23
|
to
|
10.03
|
3,710,765
|
4.03
|
0.30
|
to
|
1.50
|
9.94
|
to
|
8.64
|
||||||||
12/31/2011(1)
|
197,637
|
9.30
|
to
|
9.24
|
1,832,732
|
-
|
0.30
|
to
|
1.50
|
(7.22)
|
to
|
(7.65)
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights (continued)
|
|||||||||||||||||||
At December 31
|
For the Year Ended December 31
|
|||||||||||||||||||
Unit Fair Value
|
Expense
|
Total Return***
|
||||||||||||||||||
Corresponding to
|
Investment
|
Ratio**
|
Corresponding to
|
|||||||||||||||||
Lowest to Highest
|
Net
|
Income
|
Lowest to
|
Lowest to Highest
|
||||||||||||||||
Subaccount
|
Units
|
Expense Ratio
|
Assets
|
Ratio*
|
Highest
|
Expense Ratio
|
||||||||||||||
TA BlackRock Tactical Allocation Initial Class
|
||||||||||||||||||||
12/31/2015
|
2,204,740
|
$12.67
|
to
|
$11.93
|
$ 27,165,866
|
2.87
|
%
|
0.00
|
%
|
to
|
1.50
|
%
|
0.06
|
%
|
to
|
(1.42)
|
%
|
|||
12/31/2014
|
2,381,838
|
12.66
|
to
|
12.11
|
29,541,610
|
2.83
|
0.00
|
to
|
1.50
|
5.03
|
to
|
3.79
|
||||||||
12/31/2013
|
422,236
|
12.03
|
to
|
11.66
|
5,010,009
|
2.22
|
0.30
|
to
|
1.50
|
12.29
|
to
|
10.97
|
||||||||
12/31/2012
|
313,647
|
10.72
|
to
|
10.51
|
3,331,943
|
2.55
|
0.30
|
to
|
1.50
|
9.90
|
to
|
8.60
|
||||||||
12/31/2011(1)
|
164,285
|
15.82
|
to
|
15.43
|
2,560,486
|
0.65
|
0.00
|
to
|
1.50
|
19.17
|
to
|
17.41
|
||||||||
TA Clarion Global Real Estate Securities Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,731,597
|
12.40
|
to
|
12.78
|
48,016,426
|
4.40
|
0.00
|
to
|
1.50
|
(0.60)
|
to
|
(2.07)
|
||||||||
12/31/2014
|
1,624,291
|
12.48
|
to
|
13.05
|
50,927,199
|
1.51
|
0.00
|
to
|
1.50
|
13.56
|
to
|
11.89
|
||||||||
12/31/2013
|
1,637,406
|
10.99
|
to
|
11.67
|
47,559,908
|
5.50
|
0.00
|
to
|
1.50
|
3.90
|
to
|
2.36
|
||||||||
12/31/2012
|
1,671,646
|
10.57
|
to
|
11.40
|
48,402,540
|
3.58
|
0.00
|
to
|
1.50
|
25.25
|
to
|
23.39
|
||||||||
12/31/2011
|
1,688,106
|
8.44
|
to
|
9.24
|
39,627,251
|
6.97
|
0.00
|
to
|
1.50
|
(5.74)
|
to
|
(7.13)
|
||||||||
TA International Moderate Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,011,083
|
12.05
|
to
|
10.48
|
11,146,400
|
1.96
|
0.00
|
to
|
1.50
|
(1.64)
|
to
|
(3.09)
|
||||||||
12/31/2014
|
1,029,236
|
12.25
|
to
|
10.81
|
11,634,211
|
2.27
|
0.00
|
to
|
1.50
|
(0.47)
|
to
|
(1.94)
|
||||||||
12/31/2013
|
1,035,656
|
12.31
|
to
|
11.02
|
11,862,703
|
2.05
|
0.00
|
to
|
1.50
|
12.72
|
to
|
11.05
|
||||||||
12/31/2012
|
1,056,911
|
10.92
|
to
|
9.93
|
10,833,421
|
2.98
|
0.00
|
to
|
1.50
|
12.81
|
to
|
11.13
|
||||||||
12/31/2011
|
1,195,357
|
9.68
|
to
|
8.93
|
10,957,032
|
2.05
|
0.00
|
to
|
1.50
|
(7.37)
|
to
|
(8.74)
|
||||||||
TA Janus Balanced Initial Class
|
||||||||||||||||||||
12/31/2015
|
759,586
|
13.95
|
to
|
12.67
|
9,971,177
|
0.91
|
0.00
|
to
|
1.50
|
0.34
|
to
|
(1.14)
|
||||||||
12/31/2014
|
778,586
|
13.91
|
to
|
12.81
|
10,313,848
|
0.73
|
0.00
|
to
|
1.50
|
8.20
|
to
|
6.60
|
||||||||
12/31/2013
|
776,819
|
12.85
|
to
|
12.02
|
9,621,053
|
0.81
|
0.00
|
to
|
1.50
|
19.27
|
to
|
17.51
|
||||||||
12/31/2012
|
865,336
|
10.78
|
to
|
10.23
|
9,058,408
|
-
|
0.00
|
to
|
1.50
|
12.75
|
to
|
11.08
|
||||||||
12/31/2011
|
933,187
|
9.56
|
to
|
9.21
|
8,735,617
|
0.23
|
0.00
|
to
|
1.50
|
(10.60)
|
to
|
(11.92)
|
||||||||
TA Jennison Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,344,613
|
21.04
|
to
|
19.33
|
26,651,335
|
-
|
0.00
|
to
|
1.50
|
11.40
|
to
|
9.76
|
||||||||
12/31/2014
|
1,208,243
|
18.88
|
to
|
17.61
|
21,823,230
|
-
|
0.00
|
to
|
1.50
|
9.96
|
to
|
8.33
|
||||||||
12/31/2013
|
997,359
|
17.17
|
to
|
16.26
|
16,588,876
|
0.26
|
0.00
|
to
|
1.50
|
37.70
|
to
|
35.67
|
||||||||
12/31/2012
|
1,083,830
|
12.47
|
to
|
11.98
|
13,204,036
|
0.08
|
0.00
|
to
|
1.50
|
15.77
|
to
|
14.05
|
||||||||
12/31/2011
|
1,442,409
|
10.77
|
to
|
10.51
|
15,313,587
|
0.13
|
0.00
|
to
|
1.50
|
(0.63)
|
to
|
(2.09)
|
||||||||
TA JPMorgan Core Bond Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,234,740
|
15.83
|
to
|
12.89
|
37,344,012
|
2.00
|
0.00
|
to
|
1.50
|
0.61
|
to
|
(0.87)
|
||||||||
12/31/2014
|
1,248,616
|
15.74
|
to
|
13.00
|
42,109,356
|
2.03
|
0.00
|
to
|
1.50
|
5.33
|
to
|
3.77
|
||||||||
12/31/2013
|
1,189,246
|
14.94
|
to
|
12.53
|
42,590,183
|
2.84
|
0.00
|
to
|
1.50
|
(1.84)
|
to
|
(3.29)
|
||||||||
12/31/2012
|
1,393,184
|
15.22
|
to
|
12.96
|
54,961,304
|
2.59
|
0.00
|
to
|
1.50
|
4.98
|
to
|
3.42
|
||||||||
12/31/2011
|
1,483,842
|
14.50
|
to
|
12.53
|
55,847,749
|
4.24
|
0.00
|
to
|
1.50
|
7.53
|
to
|
5.94
|
||||||||
TA JPMorgan Enhanced Index Initial Class
|
||||||||||||||||||||
12/31/2015
|
402,793
|
17.93
|
to
|
17.25
|
8,472,411
|
0.94
|
0.00
|
to
|
1.50
|
(0.07)
|
to
|
(1.55)
|
||||||||
12/31/2014
|
377,272
|
17.94
|
to
|
17.52
|
8,139,538
|
0.80
|
0.00
|
to
|
1.50
|
14.18
|
to
|
12.50
|
||||||||
12/31/2013
|
363,316
|
15.71
|
to
|
15.57
|
7,002,418
|
0.66
|
0.00
|
to
|
1.50
|
32.52
|
to
|
30.56
|
||||||||
12/31/2012
|
314,793
|
11.86
|
to
|
11.93
|
4,615,177
|
1.04
|
0.00
|
to
|
1.50
|
16.35
|
to
|
14.62
|
||||||||
12/31/2011
|
337,004
|
10.19
|
to
|
10.41
|
4,287,113
|
1.98
|
0.00
|
to
|
1.50
|
0.74
|
to
|
(0.75)
|
||||||||
TA JPMorgan Mid Cap Value Initial Class
|
||||||||||||||||||||
12/31/2015
|
252,964
|
17.24
|
to
|
31.27
|
7,312,430
|
0.87
|
0.30
|
to
|
0.90
|
(3.03)
|
to
|
(3.60)
|
||||||||
12/31/2014
|
269,018
|
17.78
|
to
|
32.44
|
8,553,912
|
0.71
|
0.30
|
to
|
0.90
|
14.94
|
to
|
14.26
|
||||||||
12/31/2013
|
297,704
|
15.47
|
to
|
28.39
|
8,409,132
|
0.48
|
0.30
|
to
|
0.90
|
31.42
|
to
|
30.64
|
||||||||
12/31/2012
|
335,477
|
11.77
|
to
|
21.73
|
7,283,109
|
0.74
|
0.30
|
to
|
0.90
|
20.16
|
to
|
19.45
|
||||||||
12/31/2011
|
383,683
|
9.80
|
to
|
18.19
|
6,976,202
|
1.11
|
0.30
|
to
|
0.90
|
1.26
|
to
|
1.11
|
||||||||
TA JPMorgan Tactical Allocation Initial Class
|
||||||||||||||||||||
12/31/2015
|
2,083,125
|
12.57
|
to
|
10.55
|
49,165,930
|
1.26
|
0.00
|
to
|
1.50
|
(0.11)
|
to
|
(1.58)
|
||||||||
12/31/2014
|
2,083,828
|
12.58
|
to
|
10.72
|
54,021,746
|
1.13
|
0.00
|
to
|
1.50
|
6.53
|
to
|
4.95
|
||||||||
12/31/2013
|
1,836,341
|
11.81
|
to
|
10.22
|
50,813,971
|
1.12
|
0.00
|
to
|
1.50
|
5.51
|
to
|
3.95
|
||||||||
12/31/2012
|
2,035,421
|
11.19
|
to
|
9.83
|
58,503,544
|
0.60
|
0.00
|
to
|
1.50
|
7.72
|
to
|
6.12
|
||||||||
12/31/2011
|
2,110,890
|
10.39
|
to
|
9.26
|
58,567,573
|
1.77
|
0.00
|
to
|
1.50
|
3.63
|
to
|
2.10
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights (continued)
|
|||||||||||||||||||
At December 31
|
For the Year Ended December 31
|
|||||||||||||||||||
Unit Fair Value
|
Expense
|
Total Return***
|
||||||||||||||||||
Corresponding to
|
Investment
|
Ratio**
|
Corresponding to
|
|||||||||||||||||
Lowest to Highest
|
Net
|
Income
|
Lowest to
|
Lowest to Highest
|
||||||||||||||||
Subaccount
|
Units
|
Expense Ratio
|
Assets
|
Ratio*
|
Highest
|
Expense Ratio
|
||||||||||||||
TA Managed Risk - Balanced ETF Initial Class
|
||||||||||||||||||||
12/31/2015
|
103,015
|
$13.66
|
to
|
$12.94
|
$ 1,313,571
|
1.38
|
%
|
0.00
|
%
|
to
|
1.50
|
%
|
(1.50)
|
%
|
to
|
(2.95)
|
%
|
|||
12/31/2014
|
106,808
|
13.87
|
to
|
13.34
|
1,396,524
|
1.05
|
0.00
|
to
|
1.50
|
4.81
|
to
|
3.26
|
||||||||
12/31/2013
|
69,037
|
13.23
|
to
|
12.91
|
870,501
|
1.25
|
0.00
|
to
|
1.50
|
11.76
|
to
|
10.11
|
||||||||
12/31/2012
|
42,347
|
11.84
|
to
|
11.73
|
482,240
|
1.31
|
0.00
|
to
|
1.50
|
8.67
|
to
|
7.06
|
||||||||
12/31/2011
|
37,141
|
10.89
|
to
|
10.95
|
392,883
|
1.27
|
0.00
|
to
|
1.50
|
1.57
|
to
|
0.07
|
||||||||
TA Managed Risk - Growth ETF Initial Class
|
||||||||||||||||||||
12/31/2015
|
360,027
|
13.62
|
to
|
13.18
|
4,601,357
|
1.64
|
0.00
|
to
|
1.50
|
(3.17)
|
to
|
(4.60)
|
||||||||
12/31/2014
|
428,382
|
14.06
|
to
|
13.82
|
5,695,732
|
1.25
|
0.00
|
to
|
1.50
|
4.17
|
to
|
2.63
|
||||||||
12/31/2013
|
269,355
|
13.50
|
to
|
13.46
|
3,470,733
|
1.54
|
0.00
|
to
|
1.50
|
19.09
|
to
|
17.33
|
||||||||
12/31/2012
|
128,885
|
11.34
|
to
|
11.48
|
1,405,111
|
1.47
|
0.00
|
to
|
1.50
|
11.79
|
to
|
10.13
|
||||||||
12/31/2011
|
202,915
|
10.14
|
to
|
10.42
|
1,996,047
|
1.72
|
0.00
|
to
|
1.50
|
(0.86)
|
to
|
(2.32)
|
||||||||
TA MFS International Equity Initial Class
|
||||||||||||||||||||
12/31/2015
|
2,506,005
|
11.77
|
to
|
11.60
|
37,962,670
|
1.68
|
0.00
|
to
|
1.50
|
0.08
|
to
|
(1.40)
|
||||||||
12/31/2014
|
2,468,627
|
11.77
|
to
|
11.76
|
39,436,664
|
0.95
|
0.00
|
to
|
1.50
|
(5.17)
|
to
|
(6.58)
|
||||||||
12/31/2013
|
2,542,705
|
12.41
|
to
|
12.59
|
44,178,744
|
1.12
|
0.00
|
to
|
1.50
|
18.09
|
to
|
16.35
|
||||||||
12/31/2012
|
2,725,762
|
10.51
|
to
|
10.82
|
40,935,229
|
1.67
|
0.00
|
to
|
1.50
|
22.16
|
to
|
20.34
|
||||||||
12/31/2011
|
2,855,519
|
8.60
|
to
|
8.99
|
35,715,997
|
1.23
|
0.00
|
to
|
1.50
|
(10.06)
|
to
|
(11.38)
|
||||||||
TA Morgan Stanley Capital Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,796,549
|
21.01
|
to
|
20.20
|
51,149,612
|
-
|
0.00
|
to
|
1.50
|
11.79
|
to
|
10.14
|
||||||||
12/31/2014
|
1,615,749
|
18.79
|
to
|
18.34
|
43,499,029
|
-
|
0.00
|
to
|
1.50
|
6.00
|
to
|
4.44
|
||||||||
12/31/2013
|
1,614,954
|
17.73
|
to
|
17.56
|
41,972,887
|
0.68
|
0.00
|
to
|
1.50
|
48.25
|
to
|
46.06
|
||||||||
12/31/2012
|
1,631,610
|
11.96
|
to
|
12.02
|
29,074,013
|
-
|
0.00
|
to
|
1.50
|
15.55
|
to
|
13.83
|
||||||||
12/31/2011
|
1,811,729
|
10.35
|
to
|
10.56
|
28,217,193
|
-
|
0.00
|
to
|
1.50
|
(5.81)
|
to
|
(7.20)
|
||||||||
TA Morgan Stanley Mid-Cap Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
8,691,872
|
19.81
|
to
|
15.99
|
317,339,375
|
-
|
0.00
|
to
|
1.50
|
(5.03)
|
to
|
(6.44)
|
||||||||
12/31/2014
|
7,353,327
|
20.86
|
to
|
17.09
|
368,160,169
|
-
|
0.00
|
to
|
1.50
|
0.02
|
to
|
(1.46)
|
||||||||
12/31/2013
|
6,801,694
|
20.86
|
to
|
17.35
|
400,725,724
|
0.82
|
0.00
|
to
|
1.50
|
39.14
|
to
|
37.09
|
||||||||
12/31/2012
|
6,178,505
|
14.99
|
to
|
12.66
|
308,998,063
|
-
|
0.00
|
to
|
1.50
|
9.08
|
to
|
7.46
|
||||||||
12/31/2011
|
6,871,553
|
13.74
|
to
|
11.78
|
320,319,419
|
0.31
|
0.00
|
to
|
1.50
|
(6.71)
|
to
|
(8.09)
|
||||||||
TA Multi-Managed Balanced Initial Class
|
||||||||||||||||||||
12/31/2015
|
5,184,106
|
18.80
|
to
|
16.34
|
117,750,424
|
1.37
|
0.00
|
to
|
1.50
|
0.21
|
to
|
(1.27)
|
||||||||
12/31/2014
|
5,490,844
|
18.76
|
to
|
16.55
|
126,843,352
|
1.38
|
0.00
|
to
|
1.50
|
10.81
|
to
|
9.17
|
||||||||
12/31/2013
|
5,788,779
|
16.93
|
to
|
15.16
|
122,595,908
|
1.59
|
0.00
|
to
|
1.50
|
18.09
|
to
|
16.35
|
||||||||
12/31/2012
|
6,242,270
|
14.33
|
to
|
13.03
|
113,097,747
|
1.63
|
0.00
|
to
|
1.50
|
12.57
|
to
|
10.90
|
||||||||
12/31/2011
|
6,734,147
|
12.73
|
to
|
11.75
|
109,394,054
|
2.30
|
0.00
|
to
|
1.50
|
4.04
|
to
|
2.50
|
||||||||
TA PIMCO Tactical - Balanced Initial Class
|
||||||||||||||||||||
12/31/2015
|
546,907
|
12.80
|
to
|
11.59
|
6,578,349
|
-
|
0.00
|
to
|
1.50
|
(2.27)
|
to
|
(3.72)
|
||||||||
12/31/2014
|
574,965
|
13.10
|
to
|
12.04
|
7,174,801
|
1.06
|
0.00
|
to
|
1.50
|
8.05
|
to
|
6.45
|
||||||||
12/31/2013
|
619,030
|
12.13
|
to
|
11.31
|
7,222,343
|
0.63
|
0.00
|
to
|
1.50
|
12.16
|
to
|
10.50
|
||||||||
12/31/2012
|
688,515
|
10.81
|
to
|
10.24
|
7,218,830
|
1.97
|
0.00
|
to
|
1.50
|
1.29
|
to
|
(0.22)
|
||||||||
12/31/2011
|
946,795
|
10.67
|
to
|
10.26
|
9,877,534
|
1.26
|
0.00
|
to
|
1.50
|
(3.20)
|
to
|
(4.62)
|
||||||||
TA PIMCO Tactical - Conservative Initial Class
|
||||||||||||||||||||
12/31/2015
|
830,914
|
12.29
|
to
|
11.13
|
9,582,563
|
0.39
|
0.00
|
to
|
1.50
|
(1.77)
|
to
|
(3.22)
|
||||||||
12/31/2014
|
874,836
|
12.51
|
to
|
11.50
|
10,416,283
|
1.36
|
0.00
|
to
|
1.50
|
8.93
|
to
|
7.32
|
||||||||
12/31/2013
|
892,693
|
11.49
|
to
|
10.72
|
9,862,430
|
0.70
|
0.00
|
to
|
1.50
|
8.44
|
to
|
6.83
|
||||||||
12/31/2012
|
955,518
|
10.59
|
to
|
10.03
|
9,814,626
|
1.50
|
0.00
|
to
|
1.50
|
1.70
|
to
|
0.19
|
||||||||
12/31/2011
|
917,617
|
10.42
|
to
|
10.01
|
9,346,564
|
1.38
|
0.00
|
to
|
1.50
|
(7.15)
|
to
|
(8.52)
|
||||||||
TA PIMCO Tactical - Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,065,236
|
12.41
|
to
|
11.23
|
12,341,887
|
-
|
0.00
|
to
|
1.50
|
(3.16)
|
to
|
(4.60)
|
||||||||
12/31/2014
|
1,147,051
|
12.81
|
to
|
11.77
|
13,961,228
|
1.75
|
0.00
|
to
|
1.50
|
6.63
|
to
|
5.06
|
||||||||
12/31/2013
|
1,186,871
|
12.01
|
to
|
11.21
|
13,712,474
|
0.86
|
0.00
|
to
|
1.50
|
17.03
|
to
|
15.30
|
||||||||
12/31/2012
|
1,248,575
|
10.27
|
to
|
9.72
|
12,426,995
|
0.77
|
0.00
|
to
|
1.50
|
0.98
|
to
|
(0.52)
|
||||||||
12/31/2011
|
1,301,567
|
10.17
|
to
|
9.77
|
12,936,910
|
1.51
|
0.00
|
to
|
1.50
|
(11.37)
|
to
|
(12.68)
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights (continued)
|
|||||||||||||||||||
At December 31
|
For the Year Ended December 31
|
|||||||||||||||||||
Unit Fair Value
|
Expense
|
Total Return***
|
||||||||||||||||||
Corresponding to
|
Investment
|
Ratio**
|
Corresponding to
|
|||||||||||||||||
Lowest to Highest
|
Net
|
Income
|
Lowest to
|
Lowest to Highest
|
||||||||||||||||
Subaccount
|
Units
|
Expense Ratio
|
Assets
|
Ratio*
|
Highest
|
Expense Ratio
|
||||||||||||||
TA PIMCO Total Return Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,418,569
|
$15.53
|
to
|
$12.79
|
$ 22,905,154
|
2.83
|
%
|
0.00
|
%
|
to
|
1.50
|
%
|
0.69
|
%
|
to
|
(0.80)
|
%
|
|||
12/31/2014
|
1,565,996
|
15.43
|
to
|
12.90
|
25,987,720
|
1.83
|
0.00
|
to
|
1.50
|
4.67
|
to
|
3.13
|
||||||||
12/31/2013
|
1,680,310
|
14.74
|
to
|
12.51
|
27,193,749
|
2.00
|
0.00
|
to
|
1.50
|
(2.55)
|
to
|
(3.99)
|
||||||||
12/31/2012
|
2,217,501
|
15.12
|
to
|
13.02
|
37,217,010
|
4.20
|
0.00
|
to
|
1.50
|
7.55
|
to
|
5.95
|
||||||||
12/31/2011
|
2,117,073
|
14.06
|
to
|
12.29
|
33,381,877
|
2.45
|
0.00
|
to
|
1.50
|
6.27
|
to
|
4.70
|
||||||||
TA QS Investors Active Asset Allocation - Conservative Initial Class
|
||||||||||||||||||||
12/31/2015
|
382,954
|
11.76
|
to
|
10.81
|
4,268,573
|
1.09
|
0.00
|
to
|
1.50
|
(2.13)
|
to
|
(3.58)
|
||||||||
12/31/2014
|
427,956
|
12.02
|
to
|
11.21
|
4,911,753
|
1.19
|
0.00
|
to
|
1.50
|
3.97
|
to
|
2.43
|
||||||||
12/31/2013
|
949,238
|
11.56
|
to
|
10.94
|
10,559,826
|
1.27
|
0.00
|
to
|
1.50
|
7.29
|
to
|
5.70
|
||||||||
12/31/2012
|
744,689
|
10.78
|
to
|
10.35
|
7,790,128
|
0.39
|
0.00
|
to
|
1.50
|
6.99
|
to
|
5.40
|
||||||||
12/31/2011(1)
|
478,480
|
10.07
|
to
|
9.82
|
4,719,304
|
-
|
0.00
|
to
|
1.50
|
0.71
|
to
|
(1.77)
|
||||||||
TA QS Investors Active Asset Allocation - Moderate Initial Class
|
||||||||||||||||||||
12/31/2015
|
235,947
|
11.55
|
to
|
10.93
|
2,659,690
|
1.11
|
0.30
|
to
|
1.50
|
(4.34)
|
to
|
(5.47)
|
||||||||
12/31/2014
|
259,625
|
12.07
|
to
|
11.56
|
3,074,223
|
0.70
|
0.30
|
to
|
1.50
|
3.57
|
to
|
2.34
|
||||||||
12/31/2013
|
255,835
|
11.66
|
to
|
11.29
|
2,939,349
|
0.61
|
0.30
|
to
|
1.50
|
10.98
|
to
|
9.67
|
||||||||
12/31/2012
|
165,515
|
10.50
|
to
|
10.30
|
1,722,700
|
0.16
|
0.30
|
to
|
1.50
|
8.38
|
to
|
7.10
|
||||||||
12/31/2011(1)
|
88,320
|
9.69
|
to
|
9.61
|
852,713
|
-
|
0.30
|
to
|
1.50
|
(3.38)
|
to
|
(3.85)
|
||||||||
TA QS Investors Active Asset Allocation - Moderate Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
2,613,777
|
12.46
|
to
|
10.92
|
29,499,304
|
1.18
|
0.00
|
to
|
1.50
|
(6.38)
|
to
|
(7.76)
|
||||||||
12/31/2014
|
2,733,896
|
13.31
|
to
|
11.84
|
33,186,715
|
0.85
|
0.00
|
to
|
1.50
|
3.42
|
to
|
1.89
|
||||||||
12/31/2013
|
2,854,987
|
12.87
|
to
|
11.62
|
33,768,554
|
0.94
|
0.00
|
to
|
1.50
|
16.96
|
to
|
15.23
|
||||||||
12/31/2012
|
2,877,613
|
11.00
|
to
|
10.09
|
29,341,425
|
0.67
|
0.00
|
to
|
1.50
|
11.18
|
to
|
9.53
|
||||||||
12/31/2011(1)
|
3,083,801
|
9.89
|
to
|
9.21
|
28,522,037
|
-
|
0.00
|
to
|
1.50
|
(1.06)
|
to
|
(7.91)
|
||||||||
TA Systematic Small/Mid Cap Value Initial Class
|
||||||||||||||||||||
12/31/2015
|
4,116,437
|
22.74
|
to
|
15.93
|
114,210,807
|
1.01
|
0.00
|
to
|
1.50
|
(2.51)
|
to
|
(3.95)
|
||||||||
12/31/2014
|
4,290,229
|
23.33
|
to
|
16.59
|
130,580,302
|
0.79
|
0.00
|
to
|
1.50
|
5.23
|
to
|
3.67
|
||||||||
12/31/2013
|
4,447,355
|
22.17
|
to
|
16.00
|
132,634,531
|
0.50
|
0.00
|
to
|
1.50
|
36.32
|
to
|
34.30
|
||||||||
12/31/2012
|
1,867,035
|
16.26
|
to
|
11.91
|
41,008,806
|
1.00
|
0.00
|
to
|
1.50
|
16.39
|
to
|
14.66
|
||||||||
12/31/2011
|
1,854,594
|
13.97
|
to
|
10.39
|
35,587,598
|
-
|
0.00
|
to
|
1.50
|
(2.66)
|
to
|
(4.09)
|
||||||||
TA T. Rowe Price Small Cap Initial Class
|
||||||||||||||||||||
12/31/2015
|
1,688,075
|
24.50
|
to
|
21.19
|
43,938,629
|
-
|
0.00
|
to
|
1.50
|
2.43
|
to
|
0.92
|
||||||||
12/31/2014
|
1,644,786
|
23.92
|
to
|
21.00
|
43,586,773
|
-
|
0.00
|
to
|
1.50
|
6.55
|
to
|
4.97
|
||||||||
12/31/2013
|
2,153,737
|
22.45
|
to
|
20.00
|
55,234,542
|
0.08
|
0.00
|
to
|
1.50
|
44.07
|
to
|
41.94
|
||||||||
12/31/2012
|
1,599,090
|
15.58
|
to
|
14.09
|
28,558,454
|
-
|
0.00
|
to
|
1.50
|
15.69
|
to
|
13.97
|
||||||||
12/31/2011
|
1,685,938
|
13.47
|
to
|
12.37
|
26,401,828
|
-
|
0.00
|
to
|
1.50
|
1.69
|
to
|
0.19
|
||||||||
TA Torray Concentrated Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
313,181
|
26.09
|
to
|
23.62
|
7,347,668
|
0.53
|
0.00
|
to
|
1.50
|
(1.57)
|
to
|
(3.03)
|
||||||||
12/31/2014
|
298,884
|
26.51
|
to
|
24.36
|
7,377,884
|
0.93
|
0.00
|
to
|
1.50
|
10.00
|
to
|
8.37
|
||||||||
12/31/2013
|
300,744
|
24.10
|
to
|
22.48
|
6,959,450
|
1.02
|
0.00
|
to
|
1.50
|
33.10
|
to
|
31.13
|
||||||||
12/31/2012
|
231,152
|
18.10
|
to
|
17.14
|
4,052,421
|
0.84
|
0.00
|
to
|
1.50
|
17.13
|
to
|
15.39
|
||||||||
12/31/2011
|
221,165
|
15.46
|
to
|
14.85
|
3,339,827
|
0.84
|
0.00
|
to
|
1.50
|
(2.27)
|
to
|
(3.71)
|
||||||||
TA WMC US Growth Initial Class
|
||||||||||||||||||||
12/31/2015
|
38,121,323
|
16.67
|
to
|
15.21
|
884,496,470
|
0.73
|
0.00
|
to
|
1.50
|
6.85
|
to
|
5.27
|
||||||||
12/31/2014
|
40,287,656
|
15.61
|
to
|
14.45
|
898,965,057
|
0.89
|
0.00
|
to
|
1.50
|
11.10
|
to
|
9.46
|
||||||||
12/31/2013
|
42,951,581
|
14.05
|
to
|
13.20
|
877,032,776
|
1.05
|
0.00
|
to
|
1.50
|
32.46
|
to
|
30.51
|
||||||||
12/31/2012
|
46,560,857
|
10.60
|
to
|
10.11
|
726,823,605
|
0.31
|
0.00
|
to
|
1.50
|
13.17
|
to
|
11.49
|
||||||||
12/31/2011
|
50,985,903
|
9.37
|
to
|
9.07
|
709,945,091
|
0.37
|
0.00
|
to
|
1.50
|
(3.73)
|
to
|
(5.15)
|
||||||||
(1)
|
See footnote 1
|
|||||||||||||||||||
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
5.
|
Financial Highlights (continued)
|
|||||||||||||||||||
*
|
These amounts represent the dividends, excluding distributions of capital gains, received by the subaccount from the Mutual Fund, net of management fees assessed by the fund manager, divided by the average net assets. These ratios exclude those expenses, such as mortality and expense charges, that are assessed against contract owner accounts either through reductions in the unit values or the redemption of units. The recognition of investment income by the subaccount is affected by the timing of the declaration of dividends by the Mutual Fund in which the subaccounts invest.
|
|||||||||||||||||||
**
|
These amounts represent the annualized contract expenses of the subaccount, consisting primarily of mortality and expense charges, for each period indicated. These ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the Mutual Fund have been excluded.
|
|||||||||||||||||||
***
|
These amounts represent the total return for the periods indicated, including changes in the value of the Mutual Fund, and expenses assessed through the reduction of unit values. These ratios do not include any expenses assessed through the redemption of units. Investment options with a date notation indicate the effective date of that investment option in the variable account. The total return is calculated for each period indicated or from the effective date through the end of the reporting period. Effective 2012, total returns reflect a full twelve month period and total returns for subaccounts opened during the year have not been disclosed as they may not be indicative of a full year return. Effective 2011, expense ratios not in effect for the full twelve months are not reflected in the total return as they may not be indicative of a full year return.
|
Transamerica Premier Life Insurance Company
|
||||||||||||
WRL Series Life Account
|
||||||||||||
Notes to Financial Statements
|
||||||||||||
December 31, 2015
|
6. Administrative and Mortality and Expense Risk Charges
|
|||||||||
Under some forms of the contracts, a sales charge and premium taxes are deducted by TPLIC prior to allocation of policy owner payments to the subaccounts. Contingent surrender charges may also apply. Under all forms of the contracts, monthly charges against policy cash values are made to compensate TPLIC for costs of insurance provided. A daily charge equal to an annual rate from 0.00% and 1.50% of average daily net assets is assessed to compensate TPLIC for assumption of mortality and expense risks in connection with the issuance and administration of the contracts. This charge (not assessed at the individual contract level) effectively reduces the value of a unit outstanding during the year. Charges reflected above are those currently assessed and may be subject to change. Contract owners should see their actual policy and any related attachments to determine their specific charges.
|
|||||||||
7. Income Tax
|
|||||||||
Operations of the Separate Account form a part of TPLIC, which is taxed as a life insurance company under Subchapter L of the Internal Revenue Code of 1986, as amended (the Code). The operations of the Separate Account are accounted for separately from other operations of TPLIC for purposes of federal income taxation. The Separate Account is not separately taxable as a regulated investment company under Subchapter M of the Code and is not otherwise taxable as an entity separate from TPLIC. Under existing federal income tax laws, the income of the Separate Account is not taxable to TPLIC, as long as earnings are credited under the variable life contracts.
|
Transamerica Premier Life Insurance Company
|
|
WRL Series Life Account
|
|
Notes to Financial Statements
|
|
`
|
December 31, 2015
|
8. Subsequent Events
|
|||||||||
The Separate Account has evaluated the financial statements for subsequent events through the date which the financial statements were issued. During this period, there were no subsequent events requiring recognition or disclosure in the financial statements.
|
|||||||||
9. Related Parties
|
|||||||||
Transamerica Capital, Inc. ("TCI"), a wholesaling broker-dealer, is an affiliated entity of TPLIC and an indrect wholly owned subsidiary of AEGON N.V.. TCI distributes TPLIC's products through broker-dealers and other financial intermediaries.
|
|||||||||
The subaccounts invest in the mutual funds listed in Footnote 1. These investments include funds managed by Transamerica Asset Management, Inc. ("TAM"). Transamerica Fund Services, Inc. ("TFS") serves as a transfer agent to TAM, and AEGON USA Asset Management Holding, LLC ("AAM") serves as a sub-advisor for certain funds managed by TAM. TAM, TFS and AAM are affiliated entities of TPLIC and indirect wholly owned subsidiaries of AEGON N.V.. Funds managed by TAM are identified by their fund name, which includes reference to Aegon, Transamerica or both. The Separate Account pays management fees to the related funds as detailed in the fund prospectus.
|
|||||||||
No charges other than those disclosed in Footnote 6 are deducted for the service rendered by related parties.
|
|||||||||
Contract owners may transfer funds between available subaccount options within the Separate Account. These transfers are performed at unit value at the time of the transfer.
|
December 31
|
||
2015
|
2014
|
|
Admitted assets
|
||
Cash and invested assets:
|
||
Cash, cash equivalents and short-term investments
|
$ 883,173
|
$ 749,886
|
Bonds:
|
||
Unaffiliated entities
|
14,471,372
|
14,275,747
|
Preferred stocks
|
6,428
|
39,691
|
Common stocks:
|
||
Affiliated entities (cost: 2015 - $58,942;
|
||
2014 - $58,170)
|
61,610
|
50,440
|
Unaffiliated entities (cost: 2015 - $26,652;
|
||
2014 - $42,155)
|
50,528
|
42,773
|
Mortgage loans on real estate
|
1,687,756
|
1,903,557
|
Real estate, at cost less accumulated depreciation
|
||
(2015 - $43,305; 2014 - $21,942):
|
||
Home office properties
|
25,799
|
26,728
|
Investment properties
|
191,248
|
359
|
Properties held for sale
|
10,264
|
11,708
|
Policy loans
|
925,179
|
922,969
|
Receivables for securities
|
1,552
|
2,809
|
Securities lending reinvested collateral assets
|
354,051
|
296,346
|
Derivatives
|
42,568
|
51,053
|
Other invested assets
|
647,641
|
859,769
|
Total cash and invested assets
|
19,359,169
|
19,233,835
|
Accrued investment income
|
185,526
|
182,681
|
Cash surrender value of life insurance policies
|
162,440
|
158,942
|
Premiums deferred and uncollected
|
194,807
|
198,937
|
Current federal income tax recoverable
|
16,936
|
–
|
Net deferred income tax asset
|
337,506
|
233,500
|
Reinsurance receivable
|
18,278
|
28,696
|
Receivable from parent, subsidiaries and affiliates
|
–
|
80,051
|
Goodwill
|
4,007
|
5,328
|
Other assets
|
50,898
|
53,705
|
Separate account assets
|
21,319,849
|
22,071,958
|
Total admitted assets
|
$ 41,649,416
|
$ 42,247,633
|
December 31
|
||
2015
|
2014
|
|
Liabilities and capital and surplus
|
||
Liabilities:
|
||
Aggregate reserves for policies and contracts:
|
||
Life
|
$ 7,924,978
|
$ 7,571,015
|
Annuity
|
3,363,955
|
3,660,269
|
Accident and health
|
977,785
|
648,625
|
Policy and contract claim reserves:
|
||
Life
|
136,059
|
153,338
|
Accident and health
|
130,605
|
121,157
|
Liability for deposit-type contracts
|
639,671
|
673,282
|
Other policyholders' funds
|
14,950
|
8,403
|
Federal income taxes payable
|
–
|
128,297
|
Remittances and items not allocated
|
49,061
|
20,381
|
Payable for derivative cash collateral
|
309,456
|
351,983
|
Asset valuation reserve
|
270,586
|
247,773
|
Interest maintenance reserve
|
283,137
|
310,919
|
Funds held under reinsurance treaties
|
4,020,771
|
3,862,985
|
Reinsurance in unauthorized reinsurers
|
11,315
|
9,804
|
Payable to parent, subsidiaries and affiliates
|
83,509
|
–
|
Payable for securities
|
3,298
|
3
|
Payable for securities lending
|
354,051
|
296,346
|
Unearned investment income
|
14,668
|
14,966
|
Borrowed money
|
161,834
|
290,995
|
Transfers from separate accounts due or accrued
|
(105,612)
|
(151,489)
|
Derivatives
|
22,768
|
24,233
|
Deferred derivative gain
|
2,593
|
3,616
|
Other liabilities
|
152,151
|
154,069
|
Separate account liabilities
|
21,319,849
|
22,071,958
|
Total liabilities
|
40,141,438
|
40,472,928
|
Capital and surplus:
|
||
Common stock:
|
||
Class A common stock, $750 par value, 10,000
|
||
shares authorized, 9,818.93 issued and outstanding
|
7,364
|
7,364
|
Class B common stock, $750 par value, 10,000
|
||
shares authorized, 3,697.27 issued and outstanding
|
2,773
|
2,773
|
Surplus notes
|
160,000
|
160,000
|
Paid-in surplus
|
710,379
|
910,045
|
Aggregate write-ins for special surplus funds
|
2,158
|
2,573
|
Unassigned surplus
|
625,304
|
691,950
|
Total capital and surplus
|
1,507,978
|
1,774,705
|
Total liabilities and capital and surplus
|
$ 41,649,416
|
$ 42,247,633
|
See accompanying notes.
|
Year Ended December 31
|
|||
2015
|
2014
|
2013
|
|
Revenues:
|
|||
Premiums and other considerations, net of reinsurance:
|
|||
Life
|
$ 1,217,027
|
$ 998,356
|
$ 974,903
|
Annuity
|
778,135
|
755,165
|
714,379
|
Accident and health
|
1,123,016
|
4,583,806
|
558,286
|
Net investment income
|
840,834
|
825,970
|
821,819
|
Amortization of interest maintenance reserve
|
24,668
|
24,763
|
16,339
|
Commissions and expense allowances on reinsurance
|
|||
ceded
|
162,538
|
46,416
|
194,143
|
Income from fees associated with investment management,
|
|||
administration and contract guarantees
|
|||
for separate accounts
|
318,664
|
329,455
|
332,299
|
Reserve adjustment on reinsurance ceded
|
(397,377)
|
(272,265)
|
(239,628)
|
Income earned on company owned life insurance
|
3,497
|
3,328
|
6,111
|
Consideration on reinsurance transaction
|
329
|
54,150
|
1,866
|
Other income
|
49,741
|
42,661
|
30,658
|
4,121,072
|
7,391,805
|
3,411,175
|
|
Benefits and expenses:
|
|||
Benefits paid or provided for:
|
|||
Life and accident and health benefits
|
1,017,237
|
601,891
|
583,659
|
Annuity benefits
|
344,697
|
327,261
|
332,334
|
Surrender benefits
|
1,110,799
|
1,233,336
|
1,560,881
|
Other benefits
|
75,448
|
96,032
|
87,904
|
Increase (decrease) in aggregate reserves for policies
|
|||
and contracts:
|
|||
Life
|
357,155
|
217,907
|
212,005
|
Annuity
|
(296,314)
|
(166,726)
|
(295,921)
|
Accident and health
|
90,920
|
(68,891)
|
154,282
|
2,699,942
|
2,240,810
|
2,635,144
|
|
Insurance expenses:
|
|||
Commissions
|
828,793
|
467,288
|
473,673
|
General insurance expenses
|
332,879
|
297,889
|
292,305
|
Taxes, licenses and fees
|
54,384
|
59,097
|
65,221
|
Net transfers to separate accounts
|
(228,324)
|
(296,321)
|
(593,600)
|
Reinsurance reserve adjustment
|
13,925
|
3,914,522
|
(10)
|
Funds withheld ceded investment income
|
155,888
|
150,424
|
154,894
|
Experience refunds
|
(141)
|
(15)
|
246
|
Change in provision for liquidity guarantees
|
(50)
|
(14)
|
(1,485)
|
Other expenses
|
57,534
|
25,661
|
6,997
|
1,214,888
|
4,618,531
|
398,241
|
|
Total benefits and expenses
|
3,914,830
|
6,859,341
|
3,033,385
|
Gain from operations before dividends to policyholders,
|
|||
federal income tax (benefit) expense and net realized capital
|
|||
(losses) gains on investments
|
$ 206,242
|
$ 532,464
|
$ 377,790
|
Year Ended December 31
|
|||
2015
|
2014
|
2013
|
|
Dividends to policyholders
|
$ 1,134
|
$ 1,255
|
$ 1,280
|
Gain from operations before federal income tax (benefit) expense
|
|||
and net realized capital (losses) gains on investments
|
205,108
|
531,209
|
376,510
|
Federal income tax (benefit) expense
|
(29,748)
|
196,140
|
49,579
|
Gain from operations before net realized capital
|
|||
(losses) gains on investments
|
234,856
|
335,069
|
326,931
|
Net realized capital (losses) gains on investments (net of related
|
|||
federal income taxes and amounts transferred to/from
|
|||
interest maintenance reserve)
|
(21,032)
|
15,662
|
(248)
|
Net income
|
$ 213,824
|
$ 350,731
|
$ 326,683
|
See accompanying notes.
|
Aggregate
|
|||||||
Write-ins
|
|||||||
Class A
|
Class B
|
for Other
|
Total
|
||||
Common
|
Common
|
than Special
|
Surplus
|
Paid-in
|
Unassigned
|
Capital and
|
|
Stock
|
Stock
|
Surplus Funds
|
Notes
|
Surplus
|
Surplus
|
Surplus
|
|
Balance at January 1, 2013
|
$ 7,364
|
$ 2,773
|
$ –
|
$ 160,000
|
$ 773,400
|
$ 206,199
|
$ 1,149,736
|
Net Income
|
–
|
–
|
–
|
–
|
–
|
326,683
|
326,683
|
Capital contribution
|
–
|
–
|
–
|
–
|
135,000
|
–
|
135,000
|
Change in net unrealized capital gains/losses,
|
|||||||
net of taxes
|
–
|
–
|
–
|
–
|
–
|
99,719
|
99,719
|
Change in net deferred income tax asset
|
–
|
–
|
–
|
–
|
–
|
(13,332)
|
(13,332)
|
Change in other nonadmitted assets
|
–
|
–
|
–
|
–
|
–
|
(7,559)
|
(7,559)
|
Change in liability for reinsurance in
|
|||||||
unauthorized companies
|
–
|
–
|
–
|
–
|
–
|
452
|
452
|
Change in asset valuation reserve
|
–
|
–
|
–
|
–
|
–
|
(57,583)
|
(57,583)
|
Change in surplus as a result of reinsurance
|
–
|
–
|
–
|
–
|
–
|
(79,403)
|
(79,403)
|
Correction of error related to deferred
|
|||||||
tax asset
|
–
|
–
|
–
|
–
|
–
|
7,033
|
7,033
|
Long-term incentive compensation
|
–
|
–
|
–
|
–
|
926
|
–
|
926
|
Dividends to stockholders
|
–
|
–
|
–
|
–
|
–
|
(185,000)
|
(185,000)
|
Balance at December 31, 2013
|
$ 7,364
|
$ 2,773
|
$ –
|
$ 160,000
|
$ 909,326
|
$ 297,209
|
$ 1,376,672
|
Net income
|
–
|
–
|
–
|
–
|
–
|
350,731
|
350,731
|
Change in net unrealized capital gains/losses,
|
|||||||
net of taxes
|
–
|
–
|
–
|
–
|
–
|
(83,256)
|
(83,256)
|
Change in net unrealized foreign exchange
|
|||||||
gains/losses, net of tax
|
–
|
–
|
–
|
–
|
–
|
93
|
93
|
Change in net deferred income tax asset
|
–
|
–
|
–
|
–
|
–
|
(23,947)
|
(23,947)
|
Change in nonadmitted assets
|
–
|
–
|
–
|
–
|
–
|
(58,865)
|
(58,865)
|
Change in liability for reinsurance in
|
|||||||
unauthorized companies
|
–
|
–
|
–
|
–
|
–
|
(7,824)
|
(7,824)
|
Change in reserve on account of change in
|
|||||||
valuation basis
|
–
|
–
|
–
|
–
|
–
|
428
|
428
|
Change in asset valuation reserve
|
–
|
–
|
–
|
–
|
–
|
13,841
|
13,841
|
Change in surplus as a result of reinsurance
|
–
|
–
|
–
|
–
|
–
|
267,941
|
267,941
|
Dividends to stockholders
|
–
|
–
|
–
|
–
|
–
|
(50,000)
|
(50,000)
|
Capital contribution
|
–
|
–
|
–
|
–
|
719
|
–
|
719
|
ACA section 9010 estimated assessment
|
–
|
–
|
2,573
|
–
|
–
|
(2,573)
|
–
|
Correction of error - reserve credit taken
|
–
|
–
|
–
|
–
|
–
|
(11,828)
|
(11,828)
|
Balance at December 31, 2014
|
$ 7,364
|
$ 2,773
|
$ 2,573
|
$ 160,000
|
$ 910,045
|
$ 691,950
|
$ 1,774,705
|
Aggregate
|
|||||||
Class A
|
Class B
|
Write-ins
|
Total
|
||||
Common
|
Common
|
for Special
|
Surplus
|
Paid-in
|
Unassigned
|
Capital and
|
|
Stock
|
Stock
|
Surplus Funds
|
Notes
|
Surplus
|
Surplus
|
Surplus
|
|
Balance at January 1, 2015
|
$ 7,364
|
$ 2,773
|
$ 2,573
|
$ 160,000
|
$ 910,045
|
$ 691,950
|
$ 1,774,705
|
Net income
|
–
|
–
|
–
|
–
|
–
|
213,824
|
213,824
|
Change in net unrealized capital gains/losses,
|
|||||||
net of tax
|
–
|
–
|
–
|
–
|
–
|
(12,492)
|
(12,492)
|
Change in net unrealized foreign exchange capital
|
|||||||
gains/losses, net of tax
|
–
|
–
|
–
|
–
|
–
|
48
|
48
|
Change in net deferred income tax asset
|
–
|
–
|
–
|
–
|
–
|
121,924
|
121,924
|
Change in other nonadmitted assets
|
–
|
–
|
–
|
–
|
–
|
(70,668)
|
(70,668)
|
Change in provision for reinsurance in
|
|||||||
unauthorized companies
|
–
|
–
|
–
|
–
|
–
|
(1,511)
|
(1,511)
|
Change in reserve on account of change in
|
|||||||
valuation basis
|
–
|
–
|
–
|
–
|
–
|
(228,062)
|
(228,062)
|
Change in asset valuation reserve
|
–
|
–
|
–
|
–
|
–
|
(12,997)
|
(12,997)
|
Change in surplus as a result of reinsurance
|
–
|
–
|
–
|
–
|
–
|
(98,071)
|
(98,071)
|
Cumulative effect of change in accounting
|
|||||||
principles
|
–
|
–
|
–
|
–
|
–
|
30,444
|
30,444
|
Correction of error - reserve credit taken
|
–
|
–
|
–
|
–
|
–
|
(9,500)
|
(9,500)
|
ACA section 9010 estimated assessment
|
–
|
–
|
(415)
|
–
|
–
|
415
|
–
|
Return of capital
|
–
|
–
|
–
|
–
|
(200,000)
|
–
|
(200,000)
|
Capital contribution
|
–
|
–
|
–
|
–
|
334
|
–
|
334
|
Balance at December 31, 2015
|
$ 7,364
|
$ 2,773
|
$ 2,158
|
$ 160,000
|
$ 710,379
|
$ 625,304
|
$ 1,507,978
|
See accompanying notes.
|
Year Ended December 31
|
|||
2015
|
2014
|
2013
|
|
Operating activities
|
|||
Premiums collected, net of reinsurance
|
$ 3,130,025
|
$ 6,330,343
|
$ 2,273,697
|
Net investment income
|
882,391
|
869,754
|
865,945
|
Reserve adjustments on reinsurance ceded
|
(207,591)
|
(272,265)
|
(232,229)
|
Consideration on reinsurance transaction
|
329
|
54,150
|
1,866
|
Commission and expense allowances on reinsurance ceded
|
92,257
|
87,119
|
114,865
|
Miscellaneous income
|
372,018
|
375,593
|
370,818
|
Benefit and loss related payments
|
(2,600,351)
|
(2,291,355)
|
(2,548,062)
|
Net transfers from separate accounts
|
274,415
|
360,633
|
638,040
|
Commissions, expenses paid and
|
|||
aggregate write-ins for deductions
|
(1,462,818)
|
(4,660,707)
|
(998,885)
|
Dividends paid to policyholders
|
(1,233)
|
(1,316)
|
(1,316)
|
Federal income taxes (paid) received
|
(132,592)
|
(83,769)
|
18,445
|
Net cash provided by operating activities
|
346,850
|
768,180
|
503,184
|
Investing activities
|
|||
Proceeds from investments sold, matured
|
|||
or repaid:
|
|||
Bonds
|
3,804,173
|
1,992,267
|
2,515,784
|
Stocks
|
53,689
|
3,662
|
40,701
|
Mortgage loans
|
586,271
|
206,081
|
482,187
|
Real estate and properties held for sale
|
1,804
|
4,082
|
2,950
|
Other invested assets
|
292,198
|
123,279
|
133,818
|
Securities lending reinvested collateral assets
|
–
|
114,129
|
24,844
|
Derivatives
|
–
|
37,103
|
–
|
Miscellaneous proceeds
|
8,614
|
165,730
|
36,946
|
Total investment proceeds
|
4,746,749
|
2,646,333
|
3,237,230
|
Costs of investments acquired:
|
|||
Bonds
|
(4,025,603)
|
(2,468,084)
|
(2,793,628)
|
Stocks
|
(887)
|
(31,395)
|
(5,785)
|
Mortgage loans
|
(377,635)
|
(339,734)
|
(337,314)
|
Real estate and properties held for sale
|
(2,332)
|
(7,116)
|
(8,034)
|
Other invested assets
|
(260,265)
|
(179,832)
|
(67,241)
|
Derivatives
|
(43,878)
|
–
|
(66,568)
|
Securities lending reinvested collateral assets
|
(57,705)
|
–
|
–
|
Miscellaneous applications
|
(84,014)
|
(173,295)
|
(10,690)
|
Total cost of investments acquired
|
(4,852,319)
|
(3,199,456)
|
(3,289,260)
|
Net increase in policy loans
|
(2,210)
|
(9,620)
|
(24,583)
|
Net cost of investments acquired
|
(4,854,529)
|
(3,209,076)
|
(3,313,843)
|
Net cash provided by (used in) investing activities
|
(107,781)
|
(562,743)
|
(76,613)
|
Year Ended December 31
|
|||
2015
|
2014
|
2013
|
|
Financing and miscellaneous activities
|
|||
Net withdrawals on deposit-type contracts and other
|
|||
insurance liabilities
|
$ (44,010)
|
$ (1,007,531)
|
$ (1,633,515)
|
Net change in:
|
|||
Reinsurance on deposit-type contracts and other
|
|||
insurance liabilities
|
(3,437)
|
995,438
|
1,292,709
|
Borrowed funds
|
(129,114)
|
210,207
|
47,396
|
Funds held under reinsurance treaties
|
|||
with unauthorized reinsurers
|
(32,215)
|
(489,686)
|
(805,994)
|
Receivable from parent, subsidiaries and
|
|||
affiliates
|
80,661
|
(3,694)
|
(37,853)
|
Payable to parent, subsidiaries and affiliates
|
82,899
|
610
|
(34,378)
|
Payable for securities lending
|
57,705
|
114,129
|
(24,754)
|
Other cash (applied) provided
|
81,729
|
(29,494)
|
84,530
|
Dividends to stockholders
|
–
|
(50,000)
|
(185,000)
|
Return of capital
|
(200,000)
|
–
|
–
|
Capital contribution received
|
–
|
135,000
|
–
|
Net cash used in financing and
|
|||
miscellaneous activities
|
(105,782)
|
(125,021)
|
(1,296,859)
|
Net increase (decrease) in cash, cash
|
|||
equivalents and short-term investments
|
133,287
|
80,416
|
(870,288)
|
Cash, cash equivalents and short-term
|
|||
investments:
|
|||
Beginning of year
|
749,886
|
669,470
|
1,539,758
|
End of year
|
$ 883,173
|
$ 749,886
|
$ 669,470
|
See accompanying notes.
|
Nine Months Ended
|
Year Ended
|
|
September 30
|
December 31
|
|
2014
|
2013
|
|
Unaudited
|
||
Revenues:
|
||
Company
|
$ 1,896,267
|
$ 2,490,781
|
WRL
|
733,292
|
920,394
|
Merger reclassifications
|
–
|
–
|
$ 2,629,559
|
$ 3,411,175
|
|
Net income (loss):
|
||
Company
|
$ (113,066)
|
$ 166,874
|
WRL
|
71,064
|
159,809
|
Merger reclassifications
|
–
|
–
|
$ (42,002)
|
$ 326,683
|
|
September 30
|
December 31
|
|
2014
|
2013
|
|
Unaudited
|
||
Assets:
|
||
Company
|
$ 32,048,493
|
$ 31,853,240
|
WRL
|
9,310,145
|
9,420,319
|
Merger reclassifications
|
–
|
(5,496)
|
$ 41,358,638
|
$ 41,268,063
|
|
Liabilities:
|
||
Company
|
$ 31,349,277
|
$ 30,882,016
|
WRL
|
8,873,734
|
9,014,871
|
Merger reclassifications
|
–
|
(5,496)
|
$ 40,223,011
|
$ 39,891,391
|
|
Capital and surplus:
|
||
Company
|
$ 699,216
|
$ 971,224
|
WRL
|
436,411
|
405,448
|
Merger reclassifications
|
–
|
–
|
$ 1,135,627
|
$ 1,376,672
|
|
Unpaid Claims
|
||||
Liability
|
Unpaid Claims
|
|||
Beginning
|
Claims
|
Claims
|
Liability End
|
|
of Year
|
Incurred
|
Paid
|
of Year
|
|
Year ended December 31, 2015
|
||||
2015
|
$ –
|
$ 433,438
|
$ 289,975
|
$ 143,463
|
2014 and prior
|
216,119
|
382,623
|
454,271
|
144,471
|
216,119
|
$ 816,061
|
$ 744,246
|
287,934
|
|
Active life reserve
|
553,663
|
820,456
|
||
Total accident and health
|
||||
reserves
|
$ 769,782
|
$ 1,108,390
|
|
Unpaid Claims
|
||||
Liability
|
Unpaid Claims
|
|||
Beginning
|
Claims
|
Claims
|
Liability End
|
|
of Year
|
Incurred
|
Paid
|
of Year
|
|
Year ended December 31, 2014
|
||||
2014
|
$ -
|
$ 325,365
|
$ 196,467
|
$ 128,898
|
2013 and prior
|
194,549
|
(6,655)
|
100,673
|
87,221
|
194,549
|
$ 318,710
|
$ 297,140
|
216,119
|
|
Active life reserve
|
633,636
|
553,663
|
||
Total accident and health
|
||||
reserves
|
$ 828,185
|
$ 769,782
|
||
2015
|
2014
|
2013
|
|
Net income, State of Iowa basis
|
$ 213,824
|
$ 350,731
|
$ 326,683
|
State prescribed practice for secondary
|
|||
guarantee reinsurance
|
–
|
–
|
–
|
Net income, NAIC SAP
|
$ 213,824
|
$ 350,731
|
$ 326,683
|
Statutory surplus, State of Iowa basis
|
$ 1,507,978
|
$ 1,774,705
|
$ 1,376,672
|
State prescribed practice for secondary
|
|||
guarantee reinsurance
|
–
|
–
|
(38,696)
|
Statutory surplus, NAIC SAP
|
$ 1,507,978
|
$ 1,774,705
|
$ 1,337,976
|
December 31,
|
|
2015
|
|
Statement of Cash Flow:
|
|
Total net cash from operations in the Company's Annual Statement
|
$ 141,940
|
Increase net investment income and miscellaneous income
|
204,910
|
Total net cash from operations as reported in the accompanying
|
|
audited statutory basis statement of cash flow
|
$ 346,850
|
Total net cash from investments in the Company's Annual Statement
|
$ 110,180
|
Decrease proceeds from investments - other invested assets
|
(202,000)
|
Decrease costs of investments - real estate and properties held for sale
|
(1,051)
|
Decrease costs of investments - miscellaneous applications
|
(14,910)
|
Total net cash from investments as reported in the accompanying
|
|
audited statutory basis statement of cash flow
|
$ (107,781)
|
Total net cash from financing and miscellaneous in the Company's
|
|
Annual Statement
|
$ (118,834)
|
Increase other cash provided (applied)
|
13,052
|
Total net cash from financing and miscellaneous as reported in the
|
|
accompanying audited statutory basis statement of cash flow
|
$ (105,782)
|
For the year ended December 31, 2014
|
For the year ended December 31, 2013
|
|||
As previously reported
|
Corrected amount
|
As previously reported
|
Corrected amount
|
|
Net investment income received
|
862,365
|
869,754
|
857,655
|
865,945
|
Commissions, expenses paid and aggregate write-ins for deductions
|
(4,458,850)
|
(4,660,707)
|
(1,062,698)
|
(998,885)
|
Net cash (used in) provided by operating activities
|
962,648
|
768,180
|
431,081
|
503,184
|
Miscellaneous applications
|
(165,906)
|
(173,295)
|
(2,400)
|
(10,690)
|
Net cash provided by (used in) investing activities
|
(555,354)
|
(562,743)
|
(68,323)
|
(76,613)
|
Other cash provided
|
(231,351)
|
(29,494)
|
148,343
|
84,530
|
Net cash provided by (used in) financing and miscellaneous activities
|
(326,878)
|
(125,021)
|
(1,233,046)
|
(1,296,859)
|
a)
|
Quoted prices for similar assets or liabilities in active markets
|
b)
|
Quoted prices for identical or similar assets or liabilities in non-active markets
|
c)
|
Inputs other than quoted market prices that are observable
|
d)
|
Inputs that are derived principally from or corroborated by observable market data through correlation or other means
|
Level 3 - | Prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. They reflect the Company's own assumptions about the assumptions a market participant would use in pricing the asset or liability. |
December 31
|
|||||||
2015
|
|||||||
Aggregate
Fair Value
|
Admitted Assets/ Liabilities
|
(Level 1)
|
(Level 2)
|
(Level 3)
|
Not practicable (Carrying Value)
|
||
Admitted assets
|
|||||||
Cash equivalents and short-term
|
|||||||
investments, other than affiliates
|
$ 688,590
|
$ 688,590
|
$ –
|
$ 688,590
|
$ –
|
$ –
|
|
Short-term notes receivable from affiliates
|
252,700
|
252,700
|
–
|
252,700
|
–
|
–
|
|
Bonds
|
15,257,097
|
14,471,372
|
840,435
|
13,858,694
|
557,968
|
–
|
|
Preferred stocks, other than affiliates
|
5,579
|
6,428
|
–
|
5,443
|
136
|
–
|
|
Common stocks, other than affiliates
|
50,528
|
50,528
|
547
|
56
|
49,925
|
–
|
|
Mortgage loans on real estate
|
1,755,636
|
1,687,756
|
–
|
–
|
1,755,636
|
–
|
|
Other invested assets
|
136,311
|
124,209
|
–
|
127,332
|
8,979
|
–
|
|
Options
|
27,350
|
27,350
|
36
|
27,314
|
–
|
–
|
|
Interest rate swaps
|
10,168
|
1,794
|
–
|
10,168
|
–
|
–
|
|
Currency swaps
|
13,008
|
6,136
|
–
|
13,008
|
–
|
–
|
|
Credit default swaps
|
1,618
|
1,660
|
–
|
1,618
|
–
|
–
|
|
Equity swaps
|
5,628
|
5,628
|
–
|
5,628
|
–
|
–
|
|
Policy loans
|
925,179
|
925,179
|
–
|
925,179
|
–
|
–
|
|
Securities lending reinvested collateral
|
354,051
|
354,051
|
–
|
354,051
|
–
|
–
|
|
Separate account assets
|
20,127,597
|
20,127,597
|
18,107,122
|
2,018,606
|
1,869
|
–
|
|
Liabilities
|
|||||||
Investment contract liabilities
|
3,715,884
|
3,265,942
|
–
|
46,307
|
3,669,577
|
–
|
|
Equity swaps
|
5,972
|
5,972
|
–
|
5,972
|
–
|
–
|
|
Interest rate swaps
|
(408,022)
|
9,552
|
–
|
(408,022)
|
–
|
–
|
|
Currency swaps
|
9,748
|
2,226
|
–
|
9,748
|
–
|
–
|
|
Credit default swaps
|
7,963
|
5,018
|
–
|
7,963
|
–
|
–
|
|
Payable to parent, subsidiaries
|
|||||||
and affiliates
|
83,509
|
83,509
|
–
|
83,509
|
–
|
–
|
|
Separate account annuity liabilities
|
17,942,576
|
17,942,576
|
–
|
17,942,576
|
–
|
–
|
|
Surplus notes
|
179,219
|
160,000
|
–
|
179,219
|
–
|
–
|
December 31
|
|||||||
2014
|
|||||||
Aggregate
Fair Value
|
Admitted Assets/ Liabilities
|
(Level 1)
|
(Level 2)
|
(Level 3)
|
Not practicable (Carrying Value)
|
||
Admitted assets
|
|||||||
Cash equivalents and short-term
|
|||||||
investments, other than affiliates
|
$ 758,915
|
$ 758,915
|
$ –
|
$ 758,915
|
$ –
|
$ –
|
|
Bonds
|
15,718,796
|
14,275,747
|
937,552
|
14,133,063
|
648,181
|
–
|
|
Preferred stocks, other than affiliates
|
39,072
|
39,691
|
–
|
38,936
|
136
|
–
|
|
Common stocks, other than affiliates
|
42,773
|
42,773
|
1,459
|
34
|
41,280
|
–
|
|
Mortgage loans on real estate
|
2,001,580
|
1,903,557
|
–
|
–
|
2,001,580
|
–
|
|
Other invested assets
|
143,436
|
128,178
|
–
|
134,039
|
9,397
|
–
|
|
Options
|
40,416
|
40,416
|
108
|
37,067
|
3,241
|
–
|
|
Interest rate swaps
|
18,331
|
2,140
|
–
|
18,331
|
–
|
–
|
|
Currency swaps
|
13,736
|
6,026
|
–
|
13,736
|
–
|
–
|
|
Credit default swaps
|
2,265
|
1,802
|
–
|
2,265
|
–
|
–
|
|
Equity swaps
|
668
|
668
|
–
|
668
|
–
|
–
|
|
Policy loans
|
922,969
|
922,969
|
–
|
922,969
|
–
|
–
|
|
Securities lending reinvested collateral
|
296,291
|
296,346
|
–
|
296,291
|
–
|
–
|
|
Receivable from parent, subsidiaries
|
|||||||
and affiliates
|
80,051
|
80,051
|
–
|
80,051
|
–
|
–
|
|
Separate account assets
|
20,804,337
|
20,804,337
|
18,865,831
|
1,936,436
|
2,070
|
–
|
|
Liabilities
|
|||||||
Investment contract liabilities
|
3,767,213
|
3,580,593
|
–
|
97,957
|
3,669,256
|
–
|
|
Options
|
64
|
64
|
64
|
–
|
–
|
–
|
|
Equity swaps
|
3,923
|
3,923
|
–
|
3,923
|
–
|
–
|
|
Interest rate swaps
|
(412,449)
|
8,144
|
–
|
(412,449)
|
–
|
–
|
|
Currency swaps
|
15,499
|
7,128
|
–
|
15,499
|
–
|
–
|
|
Credit default swaps
|
(1,213)
|
4,973
|
–
|
(1,213)
|
–
|
–
|
|
Separate account annuity liabilities
|
18,429,270
|
18,429,270
|
–
|
18,429,270
|
–
|
–
|
|
Surplus notes
|
197,478
|
160,000
|
–
|
197,478
|
–
|
–
|
2015
|
|||||||||
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||
Assets:
|
|||||||||
Bonds
|
|||||||||
Government
|
$ –
|
$ 716
|
$ –
|
716
|
|||||
Industrial and miscellaneous
|
–
|
5,510
|
28,112
|
33,622
|
|||||
Hybrid securities
|
–
|
14,155
|
–
|
14,155
|
|||||
Total bonds
|
–
|
20,381
|
28,112
|
48,493
|
|||||
Preferred stock
|
|||||||||
Industrial and miscellaneous
|
–
|
–
|
136
|
136
|
|||||
Total preferred stock
|
–
|
–
|
136
|
136
|
|||||
Common stock
|
|||||||||
Mutual funds
|
–
|
55
|
–
|
55
|
|||||
Industrial and miscellaneous
|
547
|
1
|
49,925
|
50,473
|
|||||
Total common stock
|
547
|
56
|
49,925
|
50,528
|
|||||
Short-term investments and cash equivalents
|
|||||||||
Government
|
–
|
5,494
|
–
|
5,494
|
|||||
Industrial and miscellaneous
|
–
|
449,315
|
–
|
449,315
|
|||||
Mutual funds
|
–
|
232,995
|
–
|
232,995
|
|||||
Intercompany notes receivable
|
–
|
252,700
|
–
|
252,700
|
|||||
Sweep accounts
|
–
|
786
|
–
|
786
|
|||||
Total short-term
|
–
|
941,290
|
–
|
941,290
|
|||||
Securities lending reinvested collateral
|
–
|
354,051
|
–
|
354,051
|
|||||
Derivative assets
|
35
|
34,547
|
–
|
34,582
|
|||||
Separate account assets
|
18,107,122
|
2,018,606
|
9,046
|
20,134,775
|
|||||
Total assets
|
$ 18,107,704
|
$ 3,368,931
|
$ 87,219
|
$ 21,563,855
|
|||||
Liabilities:
|
|||||||||
Derivative liabilities
|
$ –
|
$ 12,194
|
$ –
|
$ 12,194
|
|||||
Separate account liabilities
|
4,448
|
–
|
–
|
4,448
|
|||||
Total liabilities
|
$ 4,448
|
$ 12,194
|
$ –
|
$ 16,642
|
|||||
2014
|
|||||||||
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||
Assets:
|
|||||||||
Bonds
|
|||||||||
Government
|
$ –
|
$ 18,052
|
$ –
|
$ 18,052
|
|||||
Industrial and miscellaneous
|
–
|
4,628
|
37,160
|
41,788
|
|||||
Total bonds
|
–
|
22,680
|
37,160
|
59,840
|
|||||
Preferred stock
|
|||||||||
Industrial and miscellaneous
|
–
|
–
|
136
|
136
|
|||||
Total preferred stock
|
–
|
–
|
136
|
136
|
|||||
Common stock
|
|||||||||
Mutual funds
|
–
|
32
|
–
|
32
|
|||||
Industrial and miscellaneous
|
1,459
|
1
|
41,280
|
42,740
|
|||||
Total common stock
|
1,459
|
33
|
41,280
|
42,772
|
|||||
Short-term investments and cash equivalents
|
|||||||||
Government
|
–
|
5
|
–
|
5
|
|||||
Industrial and miscellaneous
|
–
|
545,843
|
–
|
545,843
|
|||||
Mutual funds
|
–
|
210,578
|
–
|
210,578
|
|||||
Sweep accounts
|
–
|
2,489
|
–
|
2,489
|
|||||
Total short-term
|
–
|
758,915
|
–
|
758,915
|
|||||
Securities lending reinvested collateral
|
295,235
|
295,235
|
|||||||
Derivative assets
|
108
|
69,802
|
3,241
|
73,151
|
|||||
Separate account assets
|
18,865,832
|
1,936,436
|
13,969
|
20,816,237
|
|||||
Total assets
|
$ 18,867,399
|
$ 3,083,101
|
$ 95,786
|
$ 22,046,286
|
|||||
Liabilities:
|
|||||||||
Derivative liabilities
|
$ 64
|
$ (409,744)
|
$ –
|
$ (409,680)
|
|||||
Total liabilities
|
$ 64
|
$ (409,744)
|
$ –
|
$ (409,680)
|
|||||
Total Gains
|
Total Gains
|
||||
Balance at
|
Transfers
|
Transfers
|
and (Losses)
|
and (Losses)
|
|
January 1,
|
into
|
out of
|
Included in
|
Included in
|
|
2015
|
Level 3
|
Level 3
|
Net income (a)
|
Surplus (b)
|
|
Bonds
|
|||||
RMBS
|
$ 176
|
$ –
|
$ –
|
$ (31)
|
$ 23
|
Other
|
36,984
|
9,484
|
7,097
|
(3,204)
|
(5,526)
|
Preferred stock
|
136
|
–
|
–
|
–
|
–
|
Common stock
|
41,280
|
–
|
–
|
3,727
|
23,877
|
Derivatives
|
3,241
|
–
|
–
|
–
|
–
|
Separate account assets
|
13,969
|
–
|
–
|
(309)
|
68
|
Total
|
$ 95,786
|
$ 9,484
|
$ 7,097
|
$ 183
|
$ 18,442
|
Balance at
|
|||||
December 31,
|
|||||
Purchases
|
Issuances
|
Sales
|
Settlements
|
2015
|
|
Bonds
|
|||||
RMBS
|
$ –
|
$ –
|
$ –
|
$ –
|
$ 168
|
Other
|
–
|
–
|
–
|
2,697
|
27,944
|
Preferred stock
|
–
|
–
|
–
|
–
|
136
|
Common stock
|
4
|
–
|
–
|
18,963
|
49,925
|
Derivatives
|
–
|
–
|
–
|
3,241
|
–
|
Separate account assets
|
–
|
90
|
–
|
4,772
|
9,046
|
Total
|
$ 4
|
$ 90
|
$ –
|
$ 29,673
|
$ 87,219
|
Total Gains
|
Total Gains
|
||||
Balance at
|
Transfers
|
Transfers
|
and (Losses)
|
and (Losses)
|
|
January 1,
|
into
|
out of
|
Included in
|
Included in
|
|
2014
|
Level 3
|
Level 3
|
Net income (a)
|
Surplus (b)
|
|
Bonds
|
|||||
RMBS
|
$ 214
|
$ 8
|
$ –
|
$ 6
|
$ (51)
|
Other
|
43,189
|
1,684
|
2,020
|
(1,666)
|
(684)
|
Preferred stock
|
136
|
–
|
–
|
–
|
–
|
Common stock
|
41,354
|
–
|
–
|
–
|
(2)
|
Derivatives
|
5,195
|
–
|
–
|
–
|
(1,954)
|
Separate account assets
|
13,923
|
774
|
–
|
(63)
|
168
|
Total
|
$ 104,011
|
$ 2,466
|
$ 2,020
|
$ (1,723)
|
$ (2,523)
|
Balance at
|
|||||
December 31,
|
|||||
Purchases
|
Issuances
|
Sales
|
Settlements
|
2014
|
|
Bonds
|
|||||
RMBS
|
$ –
|
$ –
|
$ –
|
$ 1
|
$ 176
|
Other
|
–
|
–
|
–
|
3,519
|
36,984
|
Preferred stock
|
–
|
–
|
–
|
–
|
136
|
Common stock
|
–
|
–
|
72
|
–
|
41,280
|
Derivatives
|
–
|
–
|
–
|
–
|
3,241
|
Separate account assets
|
–
|
–
|
–
|
833
|
13,969
|
Total
|
$ –
|
$ –
|
$ 72
|
$ 4,353
|
$ 95,786
|
Gross
|
Gross
|
||||
Unrealized
|
Unrealized
|
||||
Gross
|
Losses 12
|
Losses Less
|
Estimated
|
||
Carrying
|
Unrealized
|
Months or
|
Than 12
|
Fair
|
|
Amount
|
Gains
|
More
|
Months
|
Value
|
|
December 31, 2015
|
|||||
Unaffiliated bonds:
|
|||||
United States Government and
|
|||||
agencies
|
$ 555,591
|
$ 58,059
|
$ 1,957
|
$ 3,700
|
$ 607,993
|
State, municipal and other
|
|||||
government
|
479,282
|
48,529
|
4,993
|
4,405
|
518,413
|
Hybrid securities
|
441,465
|
13,629
|
51,737
|
4,294
|
399,063
|
Industrial and miscellaneous
|
9,857,896
|
922,957
|
138,537
|
128,037
|
10,514,279
|
Mortgage and other asset-backed
|
|||||
securities
|
3,137,138
|
141,054
|
44,731
|
16,112
|
3,217,349
|
14,471,372
|
1,184,228
|
241,955
|
156,548
|
15,257,097
|
|
Unaffiliated preferred stocks
|
6,428
|
194
|
1,043
|
–
|
5,579
|
$ 14,477,800
|
$1,184,422
|
$ 242,998
|
$ 156,548
|
$ 15,262,676
|
|
Gross
|
Gross
|
||||
Unrealized
|
Unrealized
|
||||
Gross
|
Losses 12
|
Losses Less
|
Estimated
|
||
Carrying
|
Unrealized
|
Months or
|
Than 12
|
Fair
|
|
Amount
|
Gains
|
More
|
Months
|
Value
|
|
December 31, 2014
|
|||||
Unaffiliated bonds:
|
|||||
United States Government and
|
|||||
agencies
|
$ 606,943
|
$ 106,597
|
$ 1,298
|
$ –
|
$ 712,242
|
State, municipal and other
|
|||||
government
|
442,243
|
47,544
|
2,720
|
655
|
486,412
|
Hybrid securities
|
449,898
|
16,602
|
51,752
|
706
|
414,042
|
Industrial and miscellaneous
|
9,705,629
|
1,265,411
|
35,493
|
22,022
|
10,913,525
|
Mortgage and other asset-backed
|
|||||
securities
|
3,071,034
|
176,352
|
51,938
|
2,873
|
3,192,575
|
14,275,747
|
1,612,506
|
143,201
|
26,256
|
15,718,796
|
|
Unaffiliated preferred stocks
|
39,691
|
476
|
973
|
122
|
39,072
|
$ 14,315,438
|
$ 1,612,982
|
$ 144,174
|
$ 26,378
|
$ 15,757,868
|
|
Losses 12
|
Losses Less
|
|||||||
Months or
|
Than 12
|
|||||||
More
|
Months
|
Total
|
||||||
December 31, 2015
|
||||||||
Unaffiliated bonds:
|
||||||||
United States Government and agencies
|
$ 18,769
|
$ 83,312
|
$ 102,081
|
|||||
State, municipal and other government
|
27,042
|
97,550
|
124,592
|
|||||
Hybrid securities
|
163,428
|
60,350
|
223,778
|
|||||
Industrial and miscellaneous
|
539,928
|
2,463,136
|
3,003,064
|
|||||
Mortgage and other asset-backed securities
|
468,235
|
1,173,830
|
1,642,065
|
|||||
1,217,402
|
3,878,178
|
5,095,580
|
||||||
Unaffiliated preferred stocks
|
1,956
|
–
|
1,956
|
|||||
Unaffiliated common stocks
|
14
|
–
|
14
|
|||||
$ 1,219,372
|
$ 3,878,178
|
$ 5,097,550
|
Losses 12
|
Losses Less
|
|||||||
Months or
|
Than 12
|
|||||||
More
|
Months
|
Total
|
||||||
December 31, 2014
|
||||||||
Unaffiliated bonds:
|
||||||||
United States Government and agencies
|
$ 26,726
|
$ –
|
$ 26,726
|
|||||
State, municipal and other government
|
31,624
|
14,444
|
46,068
|
|||||
Hybrid securities
|
149,355
|
33,359
|
182,714
|
|||||
Industrial and miscellaneous
|
913,513
|
714,641
|
1,628,154
|
|||||
Mortgage and other asset-backed securities
|
627,777
|
352,043
|
979,820
|
|||||
1,748,995
|
1,114,487
|
2,863,482
|
||||||
Unaffiliated preferred stocks
|
2,027
|
30,028
|
32,055
|
|||||
Unaffiliated common stocks
|
14,064
|
1
|
14,065
|
|||||
$ 1,765,086
|
$ 1,144,516
|
$ 2,909,602
|
||||||
Estimated
|
||||
Carrying
|
Fair
|
|||
Amount
|
Value
|
|||
Due in one year or less
|
$ 291,168
|
$ 295,397
|
||
Due after one year through five years
|
2,661,480
|
2,767,624
|
||
Due after five years through ten years
|
1,964,591
|
2,050,360
|
||
Due after ten years
|
6,416,995
|
6,926,367
|
||
11,334,234
|
12,039,748
|
|||
Mortgage and other asset-backed securities
|
3,137,138
|
3,217,349
|
||
$ 14,471,372
|
$ 15,257,097
|
|||
CUSIP
Identification
|
Actual Cost
|
Fair Value
|
Book / Adjusted
Carrying Value
|
Mortgage-
Referenced
Security
(YES/NO)
|
44965TAA5
|
$ 2,619
|
$ 2,503
|
$ 2,621
|
NO
|
871928AW7
|
6,232
|
29,260
|
25,288
|
NO
|
912810QV3
|
9,959
|
8,217
|
10,146
|
NO
|
912810RA8
|
134,765
|
147,356
|
139,761
|
NO
|
G52836AB2
|
13,452
|
9,878
|
13,452
|
NO
|
Total
|
$ 167,027
|
$ 197,214
|
$ 191,268
|
|
Amortized Cost before Current Period OTTI
|
Recognized OTTI
|
Amortized Cost After OTTI
|
Fair Value
|
|
Year ended December 31, 2015
|
||||
1st quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
$ 11,003
|
$ 711
|
$ 10,292
|
$ 9,833
|
2nd quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
72,681
|
3,988
|
68,693
|
52,299
|
3rd quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
7,416
|
25
|
7,391
|
6,933
|
4th quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
5,541
|
332
|
5,209
|
3,905
|
Aggregate total
|
$ 96,641
|
$ 5,056
|
$ 91,585
|
$ 72,970
|
Amortized Cost before Current Period OTTI
|
Recognized OTTI
|
Amortized Cost After OTTI
|
Fair Value
|
|
Year ended December 31, 2014
|
||||
1st quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
$ 69,315
|
$ 1,781
|
$ 67,534
|
$ 39,500
|
2nd quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
49,878
|
1,846
|
48,032
|
35,679
|
3rd quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
47,782
|
20,158
|
27,624
|
36,334
|
4th quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
20,262
|
1,607
|
18,655
|
16,151
|
Aggregate total
|
$ 187,237
|
$ 25,392
|
$ 161,845
|
$ 127,664
|
Amortized Cost before Current Period OTTI
|
Recognized OTTI
|
Amortized Cost After OTTI
|
Fair Value
|
|
Year ended December 31, 2013
|
||||
1st quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
$ 69,169
|
$ 4,482
|
$ 64,687
|
$ 30,825
|
2nd quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
67,173
|
23,538
|
43,635
|
23,512
|
3rd quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
58,040
|
7,132
|
50,908
|
25,160
|
4th quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
45,314
|
6,607
|
38,707
|
24,831
|
Aggregate total
|
$ 239,696
|
$ 41,759
|
$ 197,937
|
$ 104,328
|
CUSIP
|
Amortized Cost before Current Period OTTI
|
Present Value of Projected Cash Flows
|
Recognized OTTI
|
Amortized Cost After OTTI
|
Fair Value at Time of OTTI
|
Quarter in which OTTI Occurred
|
83611MLS5
|
$ 8,224
|
$ 8,173
|
$ 51
|
$ 8,173
|
$ 7,089
|
1Q 2015
|
41161XAC0
|
2,779
|
2,119
|
660
|
2,119
|
2,744
|
1Q 2015
|
35729PPC8
|
590
|
442
|
148
|
442
|
186
|
2Q 2015
|
41161MAC4
|
24,891
|
24,191
|
700
|
24,191
|
24,110
|
2Q 2015
|
75970QAH3
|
1,129
|
1,123
|
6
|
1,123
|
1,118
|
2Q 2015
|
75970QAJ9
|
2,707
|
2,689
|
18
|
2,689
|
2,616
|
2Q 2015
|
07325WAE2
|
43,364
|
40,248
|
3,116
|
40,248
|
24,269
|
2Q 2015
|
65536PAA8
|
12
|
10
|
2
|
10
|
9
|
3Q 2015
|
75970QAH3
|
1,105
|
1,103
|
2
|
1,103
|
1,064
|
3Q 2015
|
75970QAJ9
|
2,644
|
2,639
|
5
|
2,639
|
2,488
|
3Q 2015
|
75971EAF3
|
3,655
|
3,639
|
16
|
3,639
|
3,372
|
3Q 2015
|
55308LAB2
|
3,266
|
3,085
|
181
|
3,085
|
1,970
|
4Q 2015
|
83611MMM7
|
2,275
|
2,124
|
151
|
2,124
|
1,935
|
4Q 2015
|
$ 5,056
|
||||||
Losses 12
|
Losses Less
|
|||
Months or
|
Than 12
|
|||
More
|
Months
|
|||
Year ended December 31, 2015
|
||||
The aggregate amount of unrealized losses
|
$ 70,919
|
$ 16,384
|
||
The aggregate related fair value of securities with unrealized losses
|
497,200
|
1,192,005
|
Losses 12
|
Losses Less
|
|||
Months or
|
Than 12
|
|||
More
|
Months
|
|||
Year ended December 31, 2014
|
||||
The aggregate amount of unrealized losses
|
$ 72,014
|
$ 3,295
|
||
The aggregate related fair value of securities with unrealized losses
|
661,734
|
358,387
|
Year Ended December 31
|
||||||||
2015
|
2014
|
2013
|
||||||
Income:
|
||||||||
Bonds
|
$ 685,467
|
$ 676,182
|
$ 664,510
|
|||||
Preferred stocks
|
1,203
|
2,252
|
4,516
|
|||||
Common stocks
|
20,610
|
18,430
|
17,403
|
|||||
Mortgage loans on real estate
|
97,633
|
98,459
|
101,418
|
|||||
Real estate
|
30,522
|
5,583
|
5,767
|
|||||
Policy loans
|
51,402
|
52,384
|
51,594
|
|||||
Cash, cash equivalents and
|
||||||||
short-term investments
|
1,336
|
797
|
1,566
|
|||||
Derivatives
|
(5,862)
|
1,709
|
12,655
|
|||||
Other invested assets
|
19,277
|
8,642
|
3,227
|
|||||
Other
|
10,482
|
4,806
|
512
|
|||||
Gross investment income
|
912,070
|
869,244
|
863,168
|
|||||
Less investment expenses
|
71,236
|
43,274
|
41,349
|
|||||
Net investment income
|
$ 840,834
|
$ 825,970
|
$ 821,819
|
|||||
Year Ended December 31
|
||||||||
2015
|
2014
|
2013
|
||||||
Proceeds
|
$ 3,379,615
|
$ 1,761,136
|
$ 1,895,701
|
|||||
Gross realized gains
|
$ 38,484
|
$ 13,103
|
$ 15,800
|
|||||
Gross realized losses
|
(19,618)
|
(19,222)
|
(19,781)
|
|||||
Net realized capital gains (losses)
|
$ 18,866
|
$ (6,119)
|
$ (3,981)
|
|||||
Realized
|
||||||
Year Ended December 31
|
||||||
2015
|
2014
|
2013
|
||||
Bonds
|
$ 11,867
|
$ (27,107)
|
$ (46,074)
|
|||
Preferred stocks
|
1,375
|
(4,800)
|
–
|
|||
Common stocks
|
3,433
|
1,037
|
(203)
|
|||
Mortgage loans on real estate
|
(6,924)
|
(1,010)
|
(30)
|
|||
Real estate
|
(760)
|
(4,098)
|
(3,572)
|
|||
Cash, cash equivalents and short-term investments
|
3
|
9
|
1
|
|||
Derivatives
|
(43,877)
|
37,103
|
(53,242)
|
|||
Other invested assets
|
27,846
|
25,769
|
20,415
|
|||
(7,037)
|
26,903
|
(82,705)
|
||||
Federal income tax effect
|
(17,108)
|
(4,261)
|
36,884
|
|||
Transfer from (to) interest maintenance reserve
|
3,113
|
(6,980)
|
45,573
|
|||
Net realized capital (losses) gains on investments
|
$ (21,032)
|
$ 15,662
|
$ (248)
|
|||
Change in Unrealized
|
||||||
Year Ended December 31
|
||||||
2015
|
2014
|
2013
|
||||
Bonds
|
$ (10,977)
|
$ 21,255
|
$ 54,676
|
|||
Common stocks
|
23,258
|
(550)
|
(891)
|
|||
Affiliated entities
|
10,397
|
2,328
|
(2,089)
|
|||
Mortgage loans on real estate
|
–
|
247
|
253
|
|||
Derivatives
|
(148)
|
(121,278)
|
92,317
|
|||
Other invested assets
|
(45,292)
|
(17,647)
|
18,545
|
|||
Change in unrealized capital gains (losses), before tax
|
(22,762)
|
(115,645)
|
162,811
|
|||
Taxes on unrealized capital gains/losses
|
10,318
|
32,482
|
(63,092)
|
|||
Change in unrealized capital (losses) gains, net of tax
|
$ (12,444)
|
$ (83,163)
|
$ 99,719
|
|||
Farm
|
Commercial
|
Total
|
|
AAA - AA
|
$ –
|
$ 1,006,111
|
$ 1,006,111
|
A
|
35,795
|
602,834
|
638,629
|
BBB
|
–
|
38,385
|
38,385
|
BB
|
–
|
1,297
|
1,297
|
$ 35,795
|
$ 1,648,627
|
$ 1,684,422
|
|
December 31, 2015
|
Residential
|
Commercial
|
||||||||
Farm
|
Insured
|
All Other
|
Insured
|
All Other
|
Mezzanine
|
Total
|
||||
Recorded Investment (All)
|
||||||||||
(a)
|
Current
|
$ 35,795
|
$ –
|
$ 704
|
$ –
|
$ 1,613,761
|
$ 34,865
|
$ 1,685,125
|
||
(b)
|
30-59 Days Past Due
|
–
|
–
|
2,099
|
–
|
–
|
–
|
2,099
|
||
(c)
|
60-89 Days Past Due
|
–
|
–
|
178
|
–
|
–
|
–
|
178
|
||
(d)
|
90-179 Days Past Due
|
–
|
–
|
158
|
–
|
–
|
–
|
158
|
||
(e)
|
180+ Days Past Due
|
–
|
–
|
196
|
–
|
–
|
–
|
196
|
||
December 31, 2014
|
Residential
|
Commercial
|
||||||||
Farm
|
Insured
|
All Other
|
Insured
|
All Other
|
Mezzanine
|
Total
|
||||
Recorded Investment (All)
|
||||||||||
(a)
|
Current
|
$ 38,509
|
$ –
|
$ 997
|
$ –
|
$ 1,726,777
|
$ 134,151
|
$ 1,900,434
|
||
(b)
|
30-59 Days Past Due
|
–
|
–
|
2,200
|
–
|
–
|
–
|
2,200
|
||
(c)
|
60-89 Days Past Due
|
–
|
–
|
174
|
–
|
–
|
–
|
174
|
||
(d)
|
90-179 Days Past Due
|
–
|
–
|
102
|
–
|
–
|
–
|
102
|
||
(e)
|
180+ Days Past Due
|
–
|
–
|
647
|
–
|
–
|
–
|
647
|
||
Year Ended December 31
|
||||||
2015
|
2014
|
2013
|
||||
Balance at beginning of period
|
$ –
|
$ 247
|
$ 499
|
|||
Additions, net charged to operations
|
–
|
528
|
–
|
|||
Recoveries in amounts previously charged off
|
–
|
(775)
|
(252)
|
|||
Balance at end of period
|
$ –
|
$ –
|
$ 247
|
|||
Year Ended December 31
|
||||||||||
2015
|
2014
|
|||||||||
Aggregate amount of mortgage loans derecognized
|
$ –
|
$ 4,385
|
||||||||
Real estate collateral recognized
|
–
|
4,385
|
||||||||
Other collateral recognized
|
–
|
–
|
||||||||
Receivables recognized from a government guarantee of
|
||||||||||
the foreclosed mortgage loan
|
–
|
–
|
||||||||
Geographic Distribution
|
Property Type Distribution
|
|||||||||
December 31
|
December 31
|
|||||||||
2015
|
2014
|
2015
|
2014
|
|||||||
Pacific
|
28
|
%
|
26
|
%
|
Apartment
|
37
|
%
|
25
|
%
|
|
South Atlantic
|
25
|
16
|
Retail
|
22
|
17
|
|||||
Middle Atlantic
|
12
|
16
|
Office
|
19
|
40
|
|||||
W. South Central
|
10
|
15
|
Other
|
10
|
5
|
|||||
Mountain
|
7
|
6
|
Industrial
|
8
|
8
|
|||||
W. North Central
|
6
|
3
|
Medical
|
2
|
3
|
|||||
E. South Central
|
5
|
12
|
Agricultural
|
2
|
2
|
|||||
E. North Central
|
5
|
4
|
||||||||
New England
|
2
|
2
|
December 31, 2015
|
|||
Description of State Transferable and Non-transferable Tax Credits
|
State
|
Carrying Value
|
Unused Amount*
|
Low-Income Housing Tax Credits
|
MA
|
$ 518
|
$ 3,500
|
Total
|
$ 518
|
$ 3,500
|
|
December 31, 2014
|
|||
Description of State Transferable and Non-transferable Tax Credits
|
State
|
Carrying Value
|
Unused Amount
|
Low-Income Housing Tax Credits
|
MA
|
$ 115
|
$ 931
|
Total
|
$ 115
|
$ 931
|
|
Deal, Receive (Pay), Underlying
|
Maturity Date
|
Maximum Future Payout (Estimated)
|
Current Fair Value
|
43285,SWAP, USD 1 / (USD 0), :CDX-NAIGS17V1-5Y
|
12/20/2016
|
$ 7,500
|
$ 52
|
43286,SWAP, USD 1 / (USD 0), :CDX-NAIGS17V1-5Y
|
12/20/2016
|
3,500
|
24
|
43299,SWAP, USD 1 / (USD 0), :JP1200551248
|
3/20/2017
|
12,000
|
130
|
43302,SWAP, USD 1 / (USD 0), :US50064FAD69
|
3/20/2017
|
10,000
|
104
|
43307,SWAP, USD 1 / (USD 0), :US731011AN26
|
3/20/2017
|
15,000
|
127
|
43310,SWAP, USD 1 / (USD 0), :US50064FAD69
|
3/20/2017
|
10,000
|
104
|
43321,SWAP, USD 1 / (USD 0), :USY6826RAA06
|
3/20/2017
|
5,000
|
33
|
47295,SWAP, USD 1 / (USD 0), :US59156RAN89
|
6/20/2017
|
25,000
|
268
|
47296,SWAP, USD 1 / (USD 0), :US172967ES69
|
6/20/2017
|
25,000
|
234
|
47297,SWAP, USD 1 / (USD 0), :US00163MAB00
|
6/20/2017
|
25,000
|
280
|
43374,SWAP, USD 1 / (USD 0), :CDX-NAIGS18V1-5Y
|
6/20/2017
|
10,000
|
95
|
43601,SWAP, USD 1 / (USD 0), :US88322LAA70
|
9/20/2017
|
5,100
|
41
|
43613,SWAP, USD 1 / (USD 0), :US455780AQ93
|
9/20/2017
|
7,800
|
(19)
|
46410,SWAP, USD 1 / (USD 0), :CDX-NAIGS19V1-5Y
|
12/20/2017
|
20,000
|
224
|
46411,SWAP, USD 1 / (USD 0), :CDX-NAIGS19V1-5Y
|
12/20/2017
|
19,000
|
213
|
46915,SWAP, USD 1 / (USD 0), :US534187AX79
|
12/20/2017
|
20,000
|
245
|
47037,SWAP, USD 1 / (USD 0), :CDX-NAIGS19V1-5Y
|
12/20/2017
|
5,000
|
56
|
47657,SWAP, USD 1 / (USD 0), :US416515AV66
|
12/20/2017
|
12,500
|
205
|
48775,SWAP, USD 1 / (USD 0), :CDX-NAIGS19V1-5Y
|
12/20/2017
|
12,500
|
140
|
49952,SWAP, USD 1 / (USD 0), :US29250RAC07
|
12/20/2017
|
5,000
|
(44)
|
53497,SWAP, USD 1 / (USD 0), :CDX-NAIGS19V1-5Y
|
12/20/2017
|
15,000
|
168
|
53821,SWAP, USD 1 / (USD 0), :US260543BJ10
|
3/20/2018
|
22,000
|
363
|
54329,SWAP, USD 1 / (USD 0), :US35671DAU90
|
3/20/2018
|
10,000
|
(1,729)
|
54865,SWAP, USD 5 / (USD 0), :US37247DAE67
|
3/20/2018
|
15,000
|
105
|
55127,SWAP, USD 1 / (USD 0), :XS0292653994
|
3/20/2018
|
2,300
|
28
|
60519,SWAP, USD 1 / (USD 0), :US74432QAB14
|
6/20/2018
|
20,000
|
295
|
60520,SWAP, USD 1 / (USD 0), :US947075AA59
|
6/20/2018
|
20,000
|
(2,362)
|
60521,SWAP, USD 1 / (USD 0), :US893830AK59
|
6/20/2018
|
10,000
|
(1,813)
|
59110,SWAP, USD 1 / (USD 0), :US92276MAT27
|
6/20/2018
|
20,000
|
272
|
59117,SWAP, USD 1 / (USD 0), :US893830AK59
|
6/20/2018
|
10,000
|
(1,813)
|
59280,SWAP, USD 1 / (USD 0), :US74432QAB14
|
6/20/2018
|
20,000
|
295
|
119322,SWAP, USD 1 / (USD 0), :US455780AU06
|
3/20/2020
|
5,000
|
(179)
|
102754,SWAP, USD 1 / (USD 0), :XS0292653994
|
3/20/2020
|
13,000
|
25
|
102918,SWAP, USD 1 / (USD 0), :US195325BB02
|
3/20/2020
|
5,000
|
(224)
|
103284,SWAP, USD 1 / (USD 0), :USY6826RAA06
|
3/20/2020
|
5,000
|
(96)
|
102927,SWAP, USD 1 / (USD 0), :US465410AH18
|
3/20/2020
|
5,000
|
26
|
103048,SWAP, USD 1 / (USD 0), :USY6826RAA06
|
3/20/2020
|
5,000
|
(96)
|
103141,SWAP, USD 1 / (USD 0), :US465410AH18
|
3/20/2020
|
15,000
|
79
|
109188,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
2,500
|
(153)
|
109191,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
3,500
|
(214)
|
109219,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
2,500
|
(126)
|
109571,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
2,500
|
(126)
|
109622,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
2,500
|
(126)
|
109623,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
2,500
|
(75)
|
109544,SWAP, USD 1 / (USD 0), :US698299AD63
|
6/20/2020
|
2,400
|
(65)
|
109553,SWAP, USD 1 / (USD 0), :US698299AD63
|
6/20/2020
|
1,200
|
(33)
|
109550,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
1,250
|
(38)
|
109645,SWAP, USD 1 / (USD 0), :US465410AH18
|
6/20/2020
|
1,330
|
5
|
109647,SWAP, USD 1 / (USD 0), :US465410AH18
|
6/20/2020
|
1,330
|
5
|
109687,SWAP, USD 1 / (USD 0), :US465410AH18
|
6/20/2020
|
1,340
|
5
|
110510,SWAP, USD 1 / (USD 0), :US698299AD63
|
6/20/2020
|
1,200
|
(33)
|
110620,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
1,250
|
(38)
|
111121,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
1,250
|
(38)
|
111125,SWAP, USD 1 / (USD 0), :US698299AD63
|
6/20/2020
|
1,200
|
(33)
|
110854,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
1,250
|
(38)
|
111719,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
1,200
|
(73)
|
111729,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
600
|
(30)
|
111732,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
600
|
(37)
|
111735,SWAP, USD 1 / (USD 0), :US836205AN45
|
6/20/2020
|
600
|
(52)
|
111738,SWAP, USD 1 / (USD 0), :US105756BV13
|
6/20/2020
|
600
|
(87)
|
111744,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
600
|
(30)
|
111832,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
600
|
(18)
|
111842,SWAP, USD 1 / (USD 0), :US91086QAW87
|
6/20/2020
|
600
|
(14)
|
111845,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
600
|
(30)
|
111898,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
600
|
(37)
|
112138,SWAP, USD 1 / (USD 0), :US698299AD63
|
9/20/2020
|
1,200
|
(37)
|
112153,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
600
|
(37)
|
112178,SWAP, USD 1 / (USD 0), :US91086QAW87
|
9/20/2020
|
600
|
(16)
|
112228,SWAP, USD 1 / (USD 0), :USY6826RAA06
|
9/20/2020
|
1,200
|
(36)
|
112230,SWAP, USD 1 / (USD 0), :US698299AD63
|
9/20/2020
|
600
|
(19)
|
112304,SWAP, USD 1 / (USD 0), :US455780AU06
|
9/20/2020
|
600
|
(30)
|
112328,SWAP, USD 1 / (USD 0), :US91086QAW87
|
9/20/2020
|
600
|
(16)
|
112340,SWAP, USD 1 / (USD 0), :US25271CAJ18
|
9/20/2020
|
3,350
|
(590)
|
112428,SWAP, USD 1 / (USD 0), :US465410AH18
|
6/20/2020
|
600
|
2
|
112431,SWAP, USD 1 / (USD 0), :US698299AD63
|
9/20/2020
|
600
|
(19)
|
112573,SWAP, USD 1 / (USD 0), :US105756BV13
|
6/20/2020
|
600
|
(87)
|
113398,SWAP, USD 1 / (USD 0), :US88322KAC53
|
9/20/2020
|
600
|
(7)
|
113437,SWAP, USD 1 / (USD 0), :US455780AU06
|
9/20/2020
|
600
|
(30)
|
115816,SWAP, USD 1 / (USD 0), :US260543BJ10
|
9/20/2020
|
10,000
|
134
|
115817,SWAP, USD 1 / (USD 0), :US40414LAA70
|
9/20/2020
|
10,000
|
24
|
116006,SWAP, USD 1 / (USD 0), :US00163MAB00
|
9/20/2020
|
10,000
|
87
|
116040,SWAP, USD 1 / (USD 0), :XS0759014375
|
9/20/2020
|
10,000
|
(144)
|
127389,SWAP, USD 1 / (USD 0), :US149123BZ39
|
12/20/2020
|
5,000
|
35
|
127393,SWAP, USD 1 / (USD 0), :US460146CE11
|
12/20/2020
|
5,000
|
69
|
127397,SWAP, USD 1 / (USD 0), :US244199BC83
|
12/20/2020
|
5,000
|
77
|
127471,SWAP, USD 1 / (USD 0), :US037411AN57
|
12/20/2020
|
10,000
|
(512)
|
130585,SWAP, USD 1 / (USD 0), :US416515AY06
|
6/20/2017
|
25,000
|
321
|
120682,SWAP, USD 1 / (USD 0), :US91086QAW87
|
6/20/2017
|
10,000
|
29
|
120681,SWAP, USD 1 / (USD 0), :JP1200551248
|
6/20/2017
|
10,000
|
126
|
$ 631,550
|
$ (6,345)
|
||
Notional Amount
|
|||||||
2015
|
2014
|
||||||
Interest rate and currency swaps:
|
|||||||
Receive fixed - pay floating
|
$ 8,970
|
$ 43,970
|
|||||
Receive floating - pay fixed
|
19,500
|
19,500
|
|||||
Receive fixed - pay fixed
|
650,104
|
492,918
|
|||||
Swaps:
|
|||||||
Receive fixed - pay floating
|
2,204,430
|
2,550,430
|
|||||
Receive fixed - pay fixed
|
144,849
|
144,849
|
|||||
Receive floating - pay fixed
|
126,450
|
179,200
|
|||||
Receive floating - pay floating
|
561,004
|
88,262
|
|||||
Caps
|
9,750,000
|
–
|
|||||
Options Call/Puts
|
171,644
|
–
|
Gross Restricted
|
||||||
Current Year
|
||||||
Restricted Asset Category
|
Total General
Account (G/A)
|
G/A Supporting
Separate Account
(S/A) Activity
|
Total S/A
Restricted
Assets
|
S/A Assets
Supporting G/A
Activity
|
Total
|
|
a.
|
Subject to contractual
|
|||||
obligation for which
|
||||||
liability is not shown
|
$ –
|
$ –
|
$ –
|
$ –
|
$ –
|
|
b.
|
Collateral held under
|
|||||
security lending agreements
|
354,047
|
–
|
–
|
–
|
354,047
|
|
c.
|
Subject to repurchase
|
|||||
agreements
|
–
|
–
|
–
|
–
|
–
|
|
d.
|
Subject to reverse
|
|||||
repurchase agreements
|
–
|
–
|
–
|
–
|
–
|
|
e.
|
Subject to dollar
|
|||||
repurchase agreements
|
291,895
|
–
|
–
|
–
|
291,895
|
|
f.
|
Subject to dollar reverse
|
|||||
repurchase agreements
|
–
|
–
|
–
|
–
|
–
|
|
g.
|
Placed under option
|
|||||
contracts
|
–
|
–
|
–
|
–
|
–
|
|
h.
|
Letter stock or securities
|
|||||
restricted as to sale -
|
||||||
excluding FHLB capital stock
|
–
|
–
|
–
|
–
|
–
|
|
i.
|
FHLB capital stock
|
26,000
|
–
|
–
|
–
|
26,000
|
j.
|
On deposit with states
|
10,024
|
–
|
–
|
–
|
10,024
|
k.
|
On deposit with other
|
|||||
regulatory bodies
|
–
|
–
|
–
|
–
|
–
|
|
l.
|
Pledged as collateral to
|
|||||
FHLB (including assets
|
||||||
backing funding agreements)
|
895,353
|
–
|
–
|
–
|
895,353
|
|
m.
|
Pledged as collateral not
|
|||||
captured in other categories
|
131,658
|
–
|
–
|
–
|
131,658
|
|
n.
|
Other restricted assets
|
190,947
|
–
|
–
|
–
|
190,947
|
o.
|
Total Restricted Assets
|
$ 1,899,924
|
$ –
|
$ –
|
$ –
|
$ 1,899,924
|
Gross Restricted
|
Percentage
|
|||||
Restricted Asset Category
|
Total From
Prior Year
|
Increase/
(Decrease)
|
2015
Total Admitted
Restricted
|
Gross
Restricted
to Total
Assets
|
Admitted
Restricted to
Total
Admitted
Assets
|
|
a.
|
Subject to contractual
|
|||||
obligation for which
|
||||||
liability is not shown
|
$ –
|
$ –
|
$ –
|
0.00%
|
0.00%
|
|
b.
|
Collateral held under
|
|||||
security lending agreements
|
296,315
|
57,732
|
354,047
|
0.84%
|
0.85%
|
|
c.
|
Subject to repurchase
|
|||||
agreements
|
–
|
–
|
–
|
0.00%
|
0.00%
|
|
d.
|
Subject to reverse
|
|||||
repurchase agreements
|
–
|
–
|
–
|
0.00%
|
0.00%
|
|
e.
|
Subject to dollar
|
|||||
repurchase agreements
|
288,824
|
3,071
|
291,895
|
0.69%
|
0.70%
|
|
f.
|
Subject to dollar reverse
|
|||||
repurchase agreements
|
–
|
–
|
–
|
0.00%
|
0.00%
|
|
g.
|
Placed under option
|
|||||
contracts
|
–
|
–
|
–
|
0.00%
|
0.00%
|
|
h.
|
Letter stock or securities
|
|||||
restricted as to sale -
|
||||||
excluding FHLB capital stock
|
–
|
–
|
–
|
0.00%
|
0.00%
|
|
i.
|
FHLB capital stock
|
26,000
|
–
|
26,000
|
0.06%
|
0.06%
|
j.
|
On deposit with states
|
12,762
|
(2,738)
|
10,024
|
0.02%
|
0.02%
|
k.
|
On deposit with other
|
|||||
regulatory bodies
|
–
|
–
|
–
|
0.00%
|
0.00%
|
|
l.
|
Pledged as collateral to
|
|||||
FHLB (including assets
|
||||||
backing funding agreements)
|
560,881
|
334,472
|
895,353
|
2.12%
|
2.15%
|
|
m.
|
Pledged as collateral not
|
|||||
captured in other categories
|
127,078
|
4,580
|
131,658
|
0.31%
|
0.32%
|
|
n.
|
Other restricted assets - reinsurance
|
193,921
|
(2,974)
|
190,947
|
0.45%
|
0.46%
|
o.
|
Total Restricted Assets
|
$ 1,505,781
|
$ 394,143
|
$ 1,899,924
|
4.51%
|
4.56%
|
Net Amount
|
|||||||
Presented on
|
|||||||
Gross Amount
|
Financial
|
||||||
Recognized
|
Amount Offset
|
Statements
|
|||||
December 31, 2015
|
|||||||
Assets:
|
|||||||
Receivables for securities
|
$ 132,277
|
$ 130,726
|
$ 1,552
|
||||
Liabilities:
|
|||||||
Borrowed money
|
$ 292,560
|
$ 130,726
|
$ 161,834
|
||||
Year Ended December 31
|
|||
2015
|
2014
|
2013
|
|
Direct premiums
|
$ 3,198,245
|
$ 2,940,490
|
$ 2,798,362
|
Reinsurance assumed - non affiliates
|
94,177
|
122,228
|
131,992
|
Reinsurance assumed - affiliates
|
405,295
|
3,939,481
|
25,047
|
Reinsurance ceded - non affiliates
|
(85,971)
|
(114,182)
|
(111,838)
|
Reinsurance ceded - affiliates
|
(494,431)
|
(550,690)
|
(595,995)
|
Net premiums earned
|
$ 3,117,315
|
$ 6,337,327
|
$ 2,247,568
|
December 31, 2015
|
||||
Ordinary
|
Capital
|
Total
|
||
Gross Deferred Tax Assets
|
$ 829,096
|
$ 113,031
|
$ 942,127
|
|
Statutory Valuation Allowance Adjustment
|
–
|
–
|
–
|
|
Adjusted Gross Deferred Tax Assets
|
829,096
|
113,031
|
942,127
|
|
Deferred Tax Assets Nonadmitted
|
336,781
|
–
|
336,781
|
|
Subtotal (Net Deferred Tax Assets)
|
492,315
|
113,031
|
605,346
|
|
Deferred Tax Liabilities
|
203,198
|
64,641
|
267,839
|
|
Net Admitted Deferred Tax Assets
|
$ 289,117
|
$ 48,390
|
$ 337,507
|
|
December 31, 2014
|
||||
Ordinary
|
Capital
|
Total
|
||
Gross Deferred Tax Assets
|
$ 530,622
|
$ 114,294
|
$ 644,916
|
|
Statutory Valuation Allowance Adjustment
|
–
|
–
|
–
|
|
Adjusted Gross Deferred Tax Assets
|
530,622
|
114,294
|
644,916
|
|
Deferred Tax Assets Nonadmitted
|
323,684
|
924
|
324,608
|
|
Subtotal (Net Deferred Tax Assets)
|
206,938
|
113,370
|
320,308
|
|
Deferred Tax Liabilities
|
29,645
|
57,163
|
86,808
|
|
Net Admitted Deferred Tax Assets
|
$ 177,293
|
$ 56,207
|
$ 233,500
|
|
Change
|
||||
Ordinary
|
Capital
|
Total
|
||
Gross Deferred Tax Assets
|
$ 298,474
|
$ (1,263)
|
$ 297,211
|
|
Statutory Valuation Allowance Adjustment
|
–
|
–
|
–
|
|
Adjusted Gross Deferred Tax Assets
|
298,474
|
(1,263)
|
297,211
|
|
Deferred Tax Assets Nonadmitted
|
13,097
|
(924)
|
12,173
|
|
Subtotal (Net Deferred Tax Assets)
|
285,377
|
(339)
|
285,038
|
|
Deferred Tax Liabilities
|
173,553
|
7,478
|
181,031
|
|
Net Admitted Deferred Tax Assets
|
$ 111,824
|
$ (7,817)
|
$ 104,007
|
|
Deferred Tax Assets:
|
|||||
Year Ended December 31
|
|||||
2015
|
2014
|
Change
|
|||
Ordinary
|
|||||
Discounting of unpaid losses
|
$ 641
|
$ 584
|
$ 57
|
||
Policyholder reserves
|
397,858
|
249,055
|
148,803
|
||
Investments
|
159,998
|
32,104
|
127,894
|
||
Deferred acquisition costs
|
206,232
|
199,577
|
6,655
|
||
Compensation and benefits accrual
|
576
|
385
|
191
|
||
Receivables - nonadmitted
|
58,970
|
43,825
|
15,145
|
||
Section 197 Intangible Amortization
|
454
|
512
|
(58)
|
||
Corporate Provision
|
70
|
175
|
(105)
|
||
Other (including items <5% of
|
|||||
ordinary tax assets)
|
4,297
|
4,405
|
(108)
|
||
Subtotal
|
829,096
|
530,622
|
298,474
|
||
Nonadmitted
|
336,781
|
323,684
|
13,097
|
||
Admitted ordinary deferred tax assets
|
492,315
|
206,938
|
285,377
|
||
Capital:
|
|||||
Investments
|
113,031
|
114,293
|
(1,262)
|
||
Other (including items <5% of total
|
|||||
total capital tax assets)
|
–
|
1
|
(1)
|
||
Subtotal
|
113,031
|
114,294
|
(1,263)
|
||
Nonadmitted
|
–
|
924
|
(924)
|
||
Admitted capital deferred tax assets
|
113,031
|
113,370
|
(339)
|
||
Admitted deferred tax assets
|
$ 605,346
|
$ 320,308
|
$ 285,038
|
||
Year Ended December 31
|
|||||
2015
|
2014
|
Change
|
|||
Deferred Tax Liabilities:
|
|||||
Ordinary
|
|||||
Investments
|
$ 137,137
|
$ 9,976
|
$ 127,161
|
||
Provision for Contingent Debt
|
4,270
|
4,439
|
(169)
|
||
Deferred and uncollected premium
|
44,761
|
–
|
44,761
|
||
Reinsurance Ceded
|
1,402
|
1,865
|
(463)
|
||
§807(f) adjustment
|
14,254
|
12,865
|
1,389
|
||
Separate account adjustments
|
1,373
|
–
|
1,373
|
||
Other (including items <5% of total
|
|||||
ordinary tax liabilities)
|
1
|
500
|
(499)
|
||
Subtotal
|
203,198
|
29,645
|
173,553
|
||
Capital
|
|||||
Investments
|
64,641
|
57,163
|
7,478
|
||
Subtotal
|
64,641
|
57,163
|
7,478
|
||
Deferred tax liabilities
|
267,839
|
86,808
|
181,031
|
||
Net deferred tax assets/liabilities
|
$ 337,507
|
$ 233,500
|
$ 104,007
|
||
December 31, 2015
|
|||||
Ordinary
|
Capital
|
Total
|
|||
Admission Calculation Components SSAP No. 101
|
|||||
2(a)
|
Federal Income Taxes Paid in Prior Years
|
||||
Recoverable Through Loss Carrybacks
|
$ 205,446
|
$ 17,106
|
$ 222,552
|
||
2(b)
|
Adjusted Gross Deferred Tax Assets Expected to
|
||||
be Realized (Excluding The Amount of Deferred
|
|||||
Tax Assets From 2(a) above) After Application of
|
|||||
the Threshold Limitation (the Lesser of 2(b)1 and
|
|||||
2(b)2 below)
|
76,949
|
38,006
|
114,955
|
||
1.
|
Adjusted Gross Deferred Tax Assets
|
||||
Expected to be Realized Following the
|
|||||
Balance Sheet Date
|
76,949
|
38,006
|
114,955
|
||
2.
|
Adjusted Gross Deferred Tax Assets
|
||||
Allowed per Limitation Threshold
|
XXX
|
XXX
|
174,970
|
||
2(c)
|
Adjusted Gross Deferred Tax Assets (Excluding
|
||||
The Amount Of Deferred Tax Assets From 2(a)
|
|||||
and 2(b) above) Offset by Gross Deferred Tax
|
|||||
Liabilities
|
209,920
|
57,919
|
267,839
|
||
2(d)
|
Deferred Tax Assets Admitted as the result of
application of SSAP No. 101, Total (2(a) + 2(b) + 2(c))
|
$ 492,315
|
$ 113,031
|
$ 605,346
|
|
December 31, 2014
|
|||||
Ordinary
|
Capital
|
Total
|
|||
Admission Calculation Components SSAP No. 101
|
|||||
2(a)
|
Federal Income Taxes Paid in Prior Years
|
||||
Recoverable Through Loss Carrybacks
|
$ 177,293
|
$ 23,614
|
$ 200,907
|
||
2(b)
|
Adjusted Gross Deferred Tax Assets Expected to
|
||||
be Realized (Excluding The Amount of Deferred
|
|||||
Tax Assets From 2(a) above) After Application of
|
|||||
the Threshold Limitation (the Lesser of 2(b)1 and
|
|||||
2(b)2 below)
|
–
|
32,593
|
32,593
|
||
1.
|
Adjusted Gross Deferred Tax Assets
|
||||
Expected to be Realized Following the
|
|||||
Balance Sheet Date
|
–
|
32,593
|
32,593
|
||
2.
|
Adjusted Gross Deferred Tax Assets
|
||||
Allowed per Limitation Threshold
|
XXX
|
XXX
|
231,618
|
||
2(c)
|
Adjusted Gross Deferred Tax Assets (Excluding
|
||||
The Amount Of Deferred Tax Assets From 2(a)
|
|||||
and 2(b) above) Offset by Gross Deferred Tax
|
|||||
Liabilities
|
29,645
|
57,163
|
86,808
|
||
2(d)
|
Deferred Tax Assets Admitted as the result of
application of SSAP No. 101, Total (2(a) + 2(b) + 2(c))
|
$ 206,938
|
$ 113,370
|
$ 320,308
|
|
Change
|
|||||
Ordinary
|
Capital
|
Total
|
|||
Admission Calculation Components SSAP No. 101
|
|||||
2(a)
|
Federal Income Taxes Paid in Prior Years
|
||||
Recoverable Through Loss Carrybacks
|
$ 28,153
|
$ (6,508)
|
$ 21,645
|
||
2(b)
|
Adjusted Gross Deferred Tax Assets Expected to
|
||||
be Realized (Excluding The Amount of Deferred
|
|||||
Tax Assets From 2(a) above) After Application of
|
|||||
the Threshold Limitation (the Lesser of 2(b)1 and
|
|||||
2(b)2 below)
|
76,949
|
5,413
|
82,362
|
||
1.
|
Adjusted Gross Deferred Tax Assets
|
||||
Expected to be Realized Following the
|
|||||
Balance Sheet Date
|
76,949
|
5,413
|
82,362
|
||
2.
|
Adjusted Gross Deferred Tax Assets
|
||||
Allowed per Limitation Threshold
|
XXX
|
XXX
|
(56,648)
|
||
2(c)
|
Adjusted Gross Deferred Tax Assets (Excluding
|
||||
The Amount Of Deferred Tax Assets From 2(a)
|
|||||
and 2(b) above) Offset by Gross Deferred Tax
|
|||||
Liabilities
|
180,275
|
756
|
181,031
|
||
2(d)
|
Deferred Tax Assets Admitted as the result of
application of SSAP No. 101, Total (2(a) + 2(b) + 2(c))
|
$ 285,377
|
$ (339)
|
$ 285,038
|
|
December 31
|
||||
2015
|
2014
|
Change
|
||
Ratio Percentage Used To Determine Recovery
|
||||
Period and Threshold Limitation Amount
|
672%
|
721%
|
-49%
|
|
Amount of Adjusted Capital and Surplus Used To
|
||||
Determine Recovery Period and Threshold
|
||||
Limitation in 2(b)2 above
|
$ 1,166,465
|
$ 1,535,877
|
$ (369,412)
|
|
December 31, 2015
|
||||
Ordinary
|
Capital
|
|||
Percent
|
Percent
|
Total Percent
|
||
(% of Total Adjusted Gross DTAs)
|
0%
|
82%
|
10%
|
|
(% of Total Net Admitted Adjusted Gross DTAs)
|
0%
|
34%
|
6%
|
|
December 31, 2014
|
||||
Ordinary
|
Capital
|
|||
Percent
|
Percent
|
Total Percent
|
||
(% of Total Adjusted Gross DTAs)
|
0%
|
79%
|
14%
|
|
(% of Total Net Admitted Adjusted Gross DTAs)
|
0%
|
29%
|
10%
|
|
Year Ended December 31
|
|||||
2015
|
2014
|
Change
|
|||
Current Income Tax
|
|||||
Federal
|
$ (29,748)
|
$ 196,140
|
$ (225,888)
|
||
Subtotal
|
(29,748)
|
196,140
|
(225,888)
|
||
Federal income tax on net capital gains
|
17,108
|
4,261
|
12,847
|
||
Federal and foreign income taxes incurred
|
$ (12,640)
|
$ 200,401
|
$ (213,041)
|
||
Year Ended December 31
|
|||||
2014
|
2013
|
Change
|
|||
Current Income Tax
|
|||||
Federal
|
$ 196,140
|
$ 49,579
|
$ 146,561
|
||
Subtotal
|
196,140
|
49,579
|
146,561
|
||
Federal income tax on net capital gains
|
4,261
|
(36,884)
|
41,145
|
||
Federal and foreign income taxes incurred
|
$ 200,401
|
$ 12,695
|
$ 187,706
|
||
Year Ended December 31
|
||||
2015
|
2014
|
2013
|
||
Current income taxes incurred
|
$ (12,640)
|
$ 200,401
|
$ 12,695
|
|
Change in deferred income taxes
|
(105,861)
|
23,946
|
4,359
|
|
(without tax on unrealized gains and losses)
|
||||
Total income tax reported
|
$ (118,501)
|
$ 224,347
|
$ 17,054
|
|
Income before taxes
|
$ 198,070
|
$ 558,113
|
$ 293,806
|
|
35.00%
|
35.00%
|
35.00%
|
||
Expected income tax expense (benefit) at 35%
|
||||
statutory rate
|
$ 69,325
|
$ 195,340
|
$ 102,832
|
|
Increase (decrease) in actual tax reported resulting from:
|
||||
Dividends received deduction
|
(13,319)
|
(10,219)
|
(16,951)
|
|
Tax credits
|
(43,238)
|
(8,934)
|
(19,000)
|
|
Tax-exempt Income
|
(8)
|
(12)
|
(19)
|
|
Tax adjustment for IMR
|
(8,634)
|
(8,667)
|
(5,719)
|
|
Surplus adjustment for in-force ceded
|
(34,325)
|
93,779
|
(27,791)
|
|
Nondeductible expenses
|
382
|
973
|
701
|
|
Deferred tax benefit on other items in surplus
|
(78,300)
|
(26,022)
|
(5,934)
|
|
Provision to return
|
(2,526)
|
(3,964)
|
(226)
|
|
Life-owned life insurance
|
(1,283)
|
(1,319)
|
(1,685)
|
|
Dividends from certain foreign corporations
|
448
|
414
|
443
|
|
Prior period adjustment
|
(3,325)
|
–
|
(8,973)
|
|
Pre-tax income of single member limited liability company
|
(872)
|
(3,094)
|
(1,333)
|
|
Intercompany Dividends
|
(7,000)
|
–
|
–
|
|
Partnership Permanent Adjustment
|
4,077
|
–
|
–
|
|
Other
|
98
|
(3,928)
|
709
|
|
Total income tax reported
|
$ (118,501)
|
$ 224,347
|
$ 17,054
|
|
December 31, 2015
|
||||||
General Account
|
Separate Account with Guarantees
|
Separate Account Non-Guaranteed
|
Total
|
Percent
|
||
Subject to discretionary withdrawal
|
||||||
With fair value adjustment
|
$ 31,320
|
$ 20,565
|
$ –
|
$ 51,885
|
0
|
%
|
At book value less surrender charge
|
||||||
of 5% or more
|
11,894
|
–
|
–
|
11,894
|
0
|
|
At fair value
|
4,063
|
–
|
17,914,618
|
17,918,681
|
69
|
|
Total with adjustment or at fair value
|
47,277
|
20,565
|
17,914,618
|
17,982,460
|
69
|
|
At book value without adjustment
|
||||||
(minimal or no charge or adjustment)
|
3,639,498
|
–
|
–
|
3,639,498
|
14
|
|
Not subject to discretionary withdrawal
|
||||||
provision
|
4,433,305
|
–
|
93,166
|
4,526,471
|
17
|
|
Total annuity reserves and deposit
|
||||||
liabilities
|
8,120,080
|
20,565
|
18,007,784
|
26,148,429
|
100
|
%
|
Less reinsurance ceded
|
3,891,981
|
–
|
–
|
3,891,981
|
||
Net annuity reserves and deposit
|
||||||
liabilities
|
$ 4,228,099
|
$ 20,565
|
$ 18,007,784
|
$ 22,256,448
|
||
December 31
|
||||||
2014
|
||||||
General Account
|
Separate Account with Guarantees
|
Separate Account Non-Guaranteed
|
Total
|
Percent
|
||
Subject to discretionary withdrawal
|
||||||
With fair value adjustment
|
$ 35,274
|
$ 21,366
|
$ –
|
$ 56,640
|
0
|
%
|
At book value less surrender charge
|
||||||
of 5% or more
|
17,307
|
–
|
–
|
17,307
|
0
|
|
At fair value
|
4,459
|
–
|
18,396,004
|
18,400,463
|
69
|
|
Total with adjustment or at fair value
|
||||||
At book value without adjustment
|
57,040
|
21,366
|
18,396,004
|
18,474,410
|
69
|
|
(minimal or no charge or adjustment)
|
||||||
Not subject to discretionary withdrawal
|
3,866,498
|
–
|
–
|
3,866,498
|
14
|
|
provision
|
4,536,818
|
–
|
97,284
|
4,634,102
|
17
|
|
Total annuity reserves and deposit
|
||||||
liabilities
|
8,460,356
|
21,366
|
18,493,288
|
26,975,010
|
100
|
%
|
Less reinsurance ceded
|
3,894,077
|
–
|
–
|
3,894,077
|
||
Net annuity reserves and deposit
|
||||||
liabilities
|
$ 4,566,279
|
$ 21,366
|
$ 18,493,288
|
$ 23,080,933
|
Year
|
Amount
|
2015
|
$ –
|
2016
|
–
|
2017
|
–
|
2018
|
39,249
|
2019
|
–
|
Thereafter
|
10,929
|
Nonindexed
|
||||||||
Guarantee
|
Nonguaranteed
|
|||||||
Guaranteed
|
Less Than or
|
Separate
|
||||||
Indexed
|
Equal to 4%
|
Accounts
|
Total
|
|||||
Premiums, deposits and other
|
||||||||
considerations for the year
|
||||||||
ended December 31, 2015
|
$
|
–
|
$
|
198
|
$
|
900,198
|
$
|
900,396
|
Reserves for separate accounts
|
||||||||
as of December 31, 2015 with
|
||||||||
assets at fair value
|
$
|
–
|
$
|
20,565
|
$
|
21,174,797
|
$
|
21,195,362
|
Total as of December 31, 2015
|
$
|
–
|
$
|
20,565
|
$
|
21,174,797
|
$
|
21,195,362
|
Reserves for separate accounts by
|
||||||||
withdrawal characteristics as of
|
||||||||
December 31, 2015:
|
||||||||
With fair value adjustment
|
$
|
–
|
$
|
20,565
|
$
|
–
|
$
|
20,565
|
At fair value
|
–
|
–
|
21,081,630
|
21,081,630
|
||||
Not subject to discretionary
|
||||||||
withdrawal
|
–
|
–
|
93,167
|
93,167
|
||||
Total separate account liabilities
|
||||||||
at December 31, 2015
|
$
|
–
|
$
|
20,565
|
$
|
21,174,797
|
$
|
21,195,362
|
Nonindexed
|
||||||||
Guarantee
|
Nonguaranteed
|
|||||||
Guaranteed
|
Less Than or
|
Separate
|
||||||
Indexed
|
Equal to 4%
|
Accounts
|
Total
|
|||||
Premiums, deposits and other
|
||||||||
considerations for the year
|
||||||||
ended December 31, 2014
|
$
|
–
|
$
|
90
|
$
|
888,802
|
$
|
888,892
|
Reserves for separate accounts
|
||||||||
as of December 31, 2014 with
|
||||||||
assets at fair value
|
$
|
–
|
$
|
21,367
|
$
|
21,868,175
|
$
|
21,889,542
|
Total as of December 31, 2014
|
$
|
–
|
$
|
21,367
|
$
|
21,868,175
|
$
|
21,889,542
|
Reserves for separate accounts by
|
||||||||
withdrawal characteristics as of
|
||||||||
December 31, 2014:
|
||||||||
With fair value adjustment
|
$
|
–
|
$
|
21,367
|
$
|
–
|
$
|
21,367
|
At fair value
|
–
|
–
|
21,770,891
|
21,770,891
|
||||
Not subject to discretionary
|
||||||||
withdrawal
|
–
|
–
|
97,284
|
97,284
|
||||
Total separate account liabilities
|
||||||||
at December 31, 2014
|
$
|
–
|
$
|
21,367
|
$
|
21,868,175
|
$
|
21,889,542
|
Nonindexed
|
||||||||
Guarantee
|
Nonguaranteed
|
|||||||
Guaranteed
|
Less Than or
|
Separate
|
||||||
Indexed
|
Equal to 4%
|
Accounts
|
Total
|
|||||
Premiums, deposits and other
|
||||||||
considerations for the year
|
||||||||
ended December 31, 2013
|
$
|
–
|
$
|
132
|
$
|
852,652
|
$
|
852,784
|
Reserves for separate accounts
|
||||||||
as of December 31, 2013 with
|
||||||||
assets at fair value
|
$
|
78,682
|
$
|
20,697
|
$
|
21,128,673
|
$
|
21,228,052
|
Total as of December 31, 2013
|
$
|
78,682
|
$
|
20,697
|
$
|
21,128,673
|
$
|
21,228,052
|
Reserves for separate accounts by
|
||||||||
withdrawal characteristics as of
|
||||||||
December 31, 2013:
|
||||||||
With fair value adjustment
|
$
|
78,682
|
$
|
20,697
|
$
|
–
|
$
|
99,379
|
At fair value
|
–
|
–
|
21,041,179
|
21,041,179
|
||||
Not subject to discretionary
|
||||||||
withdrawal
|
–
|
87,494
|
87,494
|
|||||
Total separate account liabilities
|
||||||||
at December 31, 2013
|
$
|
78,682
|
$
|
20,697
|
$
|
21,128,673
|
$
|
21,228,052
|
Year Ended December 31
|
|||
2015
|
2014
|
2013
|
|
Transfer as reported in the summary of
|
|||
operations of the separate accounts
|
|||
statement:
|
|||
Transfers to separate accounts
|
$ 907,989
|
$ 889,269
|
$ 852,927
|
Transfers from separate accounts
|
(1,381,485)
|
(1,351,592)
|
(1,621,705)
|
Net transfers from separate accounts
|
(473,496)
|
(462,323)
|
(768,778)
|
Miscellaneous reconciling adjustments
|
245,172
|
166,002
|
175,178
|
Net transfers as reported in the statement
|
|||
of operations of the life, accident and health
|
|||
annual statement
|
$ (228,324)
|
$ (296,321)
|
$ (593,600)
|
2015
|
2014
|
|
Group annuities
|
$ 2,174,583
|
$ 2,088,591
|
Variable annuities
|
$ 15,845,604
|
16,388,193
|
Variable universal life
|
$ 379,720
|
426,037
|
Variable life
|
$ 2,887,049
|
3,090,035
|
Modified separate account
|
$ 21,804
|
23,066
|
WRL asset accumulator
|
$ 10,873
|
12,950
|
Total separate account assets
|
$ 21,319,633
|
$ 22,028,872
|
Subjected
|
Gross Amount of
|
Reinsurance
|
|
Account
|
Reserve
|
||
Benefit and Type of Risk
|
Value
|
Reserve Held
|
Credit
|
December 31, 2015
|
|||
Minimum guaranteed death benefit
|
$ 9,044,951
|
$ 21,962
|
$ 14,416
|
Minimum guaranteed income benefit
|
650,495
|
78,296
|
70,325
|
Minimum guaranteed withdrawal benefit
|
676,512
|
–
|
–
|
December 31, 2014
|
|||
Minimum guaranteed death benefit
|
$ 8,899,283
|
$ 30,258
|
$ 17,797
|
Minimum guaranteed income benefit
|
1,475,658
|
103,434
|
91,014
|
Minimum guaranteed withdrawal benefit
|
802,020
|
–
|
–
|
Gross
|
Loading
|
Net
|
|
December 31, 2015
|
|||
Life and annuity:
|
|||
Ordinary direct first-year business
|
$ 13,984
|
$ 11,667
|
$ 2,317
|
Ordinary direct renewal business
|
182,599
|
41,472
|
141,127
|
Group life direct business
|
10,761
|
3,027
|
7,734
|
Credit direct business
|
210
|
–
|
210
|
Reinsurance ceded
|
(23,339)
|
–
|
(23,339)
|
$ 184,215
|
$ 56,166
|
$ 128,049
|
|
Accident and health
|
66,918
|
–
|
66,918
|
$ 251,133
|
$ 56,166
|
$ 194,967
|
|
Gross
|
Loading
|
Net
|
|
December 31, 2014
|
|||
Life and annuity:
|
|||
Ordinary direct first-year business
|
$ 12,053
|
$ 8,626
|
$ 3,427
|
Ordinary direct renewal business
|
191,187
|
45,312
|
145,875
|
Group life direct business
|
11,763
|
2,936
|
8,827
|
Credit direct business
|
405
|
–
|
405
|
Reinsurance ceded
|
(24,402)
|
–
|
(24,402)
|
Total life and annuity
|
191,006
|
56,874
|
134,132
|
Accident and health
|
64,805
|
–
|
64,805
|
$ 255,811
|
$ 56,874
|
$ 198,937
|
|
For Year
|
Balance
|
Interest Paid
|
Cumulative
|
Accrued
|
Ending
|
Outstanding
|
Current Year
|
Interest Paid
|
Interest
|
2015
|
||||
CGC
|
$ 102,734
|
$ 6,164
|
$ 74,023
|
$ 514
|
TA Corp
|
57,266
|
3,436
|
31,790
|
286
|
Total
|
$ 160,000
|
$ 9,600
|
$ 105,813
|
$ 800
|
2014
|
||||
CGC
|
$ 102,734
|
$ 6,164
|
$ 67,859
|
$ 514
|
TA Corp
|
57,266
|
3,436
|
28,354
|
286
|
Total
|
$ 160,000
|
$ 9,600
|
$ 96,213
|
$ 800
|
Year Ended December 31,
|
||||||||
2015
|
2014
|
|||||||
ACA fee assessment payable for the upcoming year
|
$
|
2,158
|
$
|
2,573
|
||||
ACA fee assessment paid
|
1,972
|
1,705
|
||||||
Premium written subject to ACA 9010 assessment
|
112,723
|
124,201
|
||||||
Total adjusted capital before surplus adjustment
|
1,779,149
|
2,023,084
|
||||||
Total adjusted capital after surplus adjustment
|
1,776,991
|
2,020,511
|
||||||
Authorized control level after surplus adjustment
|
214,505
|
203,403
|
||||||
Fair Value
|
||
Open
|
$
|
354,047
|
30 days or less
|
–
|
|
31 to 60 days
|
–
|
|
61 to 90 days
|
–
|
|
Greater than 90 days
|
–
|
|
Total
|
354,047
|
|
Securities received
|
–
|
|
Total collateral received
|
$
|
354,047
|
Amortized Cost
|
Fair Value
|
||||
Open
|
$
|
69,828
|
$
|
69,828
|
|
30 days or less
|
139,305
|
139,305
|
|||
31 to 60 days
|
61,586
|
61,586
|
|||
61 to 90 days
|
14,827
|
14,827
|
|||
91 to 120 days
|
52,000
|
52,000
|
|||
121 to 180 days
|
16,505
|
16,505
|
|||
181 to 365 days
|
–
|
–
|
|||
1 to 2 years
|
–
|
–
|
|||
2 to 3 years
|
–
|
–
|
|||
Greater than 3 years
|
–
|
–
|
|||
Total
|
354,051
|
354,051
|
|||
Securities received
|
–
|
–
|
|||
Total collateral reinvested
|
$
|
354,051
|
$
|
354,051
|
|
Receivable from
|
Amount
|
Due By
|
Interest Rate
|
|
TA Corp
|
$ 9,200
|
July 16, 2016
|
0.16%
|
|
TA Corp
|
17,000
|
July 20,2016
|
0.16%
|
|
TA Corp
|
200,000
|
July 28, 2016
|
0.16%
|
|
TA Corp
|
26,500
|
October 27, 2016
|
0.25%
|
SCA Description
|
Gross Amount
|
Nonadmitted Amount
|
Admitted Asset Amount
|
Date of Filing to NAIC
|
Type of NAIC Filing
|
NAIC Response Received
|
NAIC Valuation
|
NAIC Disallowed Entity's Valuation Method, Resubmission Required
|
Transamerica Asset Management
|
$47,547
|
$ -
|
$ 47,547
|
12/18/2015
|
Sub-2
|
Yes
|
$ 35,135
|
No
|
Real Estate Alternatives Portfolio 3A Inc.
|
$14,063
|
$ -
|
$ 14,063
|
3/1/2016
|
Sub-2
|
Yes
|
$ 15,169
|
No
|
Total Direct
|
|||||||||
Name and Address of Managing
|
Types of
|
Types of
|
Premiums
|
||||||
General Agent or Third-Party
|
Exclusive
|
Business
|
Authority
|
Written/
|
|||||
Administrator
|
FEIN
|
Contract
|
Written
|
Granted
|
Produced By
|
||||
The Vanguard Group, Inc.
|
23-1945930
|
No
|
Deferred and Income
|
C, B, P, U
|
$ 618,587
|
||||
100 Vanguard Blvd.
|
Annuities
|
||||||||
Malvern, PA 19355
|
|||||||||
Gallagher Bollinger, Inc.
|
22-0781130
|
No
|
Group A&H, Life
|
C, CA, P, U
|
41,103
|
||||
101 JFK Parkway
|
|||||||||
Short Hills, NJ 07078
|
|||||||||
Affinion Group
|
20-0641090
|
No
|
AD&D
|
P
|
146,339
|
||||
6 High Ridge Park
|
|||||||||
Stamford, CT 06905
|
|||||||||
All Other TPA Premiums
|
154
|
||||||||
Total
|
$ 806,183
|
||||||||
C-
|
Claims Payment
|
B-
|
Binding Authority
|
P-
|
Premium Collection
|
December 31
|
||
2015
|
2014
|
|
Aggregate maximum potential of future payments
|
||
of all guarantees (undiscounted)
|
$ 72
|
$ 120
|
Current liability recognized in financial statements:
|
||
Noncontingent liabilities
|
–
|
–
|
Contingent liabilities
|
–
|
–
|
Ultimate financial statement impact if action required:
|
||
Incurred claims
|
–
|
–
|
Other
|
72
|
120
|
Total impact if action required
|
$ 72
|
$ 120
|
Year Ended December 31
|
||
2015
|
2014
|
|
Membership Stock:
|
||
Class A
|
$ –
|
$ –
|
Class B
|
10,000
|
10,000
|
Activity Stock
|
16,000
|
16,000
|
Excess Stock
|
–
|
–
|
Total
|
$ 26,000
|
$ 26,000
|
Less Than 6 Months
|
6 Months to Less Than 1 Year
|
1 to Less Than 3 Years
|
3 to 5 Years
|
|
Membership Stock
|
||||
Class A
|
$ –
|
$ –
|
$ –
|
$ –
|
Class B
|
–
|
–
|
–
|
10,000
|
Total
|
$ –
|
$ –
|
$ –
|
$ –
|
Fair Value
|
Carry Value
|
|
December 31, 2015
|
||
Total Collateral Pledged
|
$ 925,622
|
$ 895,353
|
Fair Value
|
Carry Value
|
|
December 31, 2014
|
||
Total Collateral Pledged
|
$ 598,820
|
$ 560,881
|
Fair Value
|
Carry Value
|
|
December 31, 2015
|
||
Maximum Collateral Pledged
|
$ 954,381
|
$ 898,749
|
Fair Value
|
Carry Value
|
|
December 31, 2014
|
||
Maximum Collateral Pledged
|
$ 627,101
|
$ 587,829
|
General Account
|
Funding Agreements Reserves Established
|
|
December 31, 2015
|
||
Debt
|
$ –
|
$ –
|
Funding agreements
|
400,000
|
–
|
Other
|
–
|
–
|
Total
|
$ 400,000
|
$ –
|
General Account
|
Funding Agreements Reserves Established
|
|
December 31, 2014
|
||
Debt
|
$ –
|
$ –
|
Funding agreements
|
400,000
|
–
|
Other
|
–
|
–
|
Total
|
$ 400,000
|
$ –
|
General Account
|
|
December 31, 2015
|
|
Debt
|
$ –
|
Funding agreements
|
400,000
|
Other
|
–
|
Total
|
$ 400,000
|
Does the Company have prepayment obligations under the following arrangements (yes/no)?
|
|
Debt
|
N/A
|
Funding Agreements
|
No
|
Other
|
N/A
|
Fair Value
|
||
Open
|
$
|
160,983
|
30 days or less
|
–
|
|
31 to 60 days
|
–
|
|
61 to 90 days
|
–
|
|
Greater than 90 days
|
–
|
|
Total
|
160,983
|
|
Securities received
|
–
|
|
Total collateral received
|
$
|
160,983
|
Transamerica Corporation
|
|
EIN: 42-1484983
|
|
AFFILIATIONS SCHEDULE
|
|
YEAR ENDED DECEMBER 31, 2015
|
|
Attachment to Note 7
|
|
Entity Name
|
FEIN
|
Transamerica Corporation
|
42-1484983
|
AEGON Alliances Inc
|
56-1358257
|
AEGON Asset Management Services Inc
|
39-1884868
|
AEGON Assignment Corp (Illinois)
|
42-1477359
|
AEGON Assignment Corp of Kentucky
|
61-1314968
|
AEGON Direct Marketing Services Inc
|
42-1470697
|
AEGON Direct Marketing Services International Inc
|
52-1291367
|
AEGON Financial Services Group Inc
|
41-1479568
|
AEGON Institutional Markets Inc
|
61-1085329
|
AEGON Management Company
|
35-1113520
|
AEGON Structured Settlements Inc
|
61-1068209
|
AEGON US Holding Corp
|
13-3350744
|
AEGON USA Real Estate Services Inc
|
61-1098396
|
AEGON USA Realty Advisors of CA FKA Pensaprima Inc
|
20-5023693
|
AFSG Securities Corporation
|
23-2421076
|
AUSA Distribution Corporation (FKA Transamerica Retirement Solutions)
|
47-4460403
|
AUSA Holding Company
|
52-1549874
|
AUSA Properties Inc
|
27-1275705
|
Clark Investment Strategies Inc
|
38-3768457
|
Clark Securities Inc
|
95-4295824
|
Commonwealth General Corporation
|
51-0108922
|
Creditor Resources Inc
|
42-1079584
|
CRG Insurance Agency Inc
|
95-4123166
|
CRI Solutions Inc
|
52-1363611
|
Financial Planning Services Inc
|
23-2130174
|
Firebird Reinsurance Corporation
|
47-3331975
|
Garnet Assurance Corporation
|
11-3674132
|
Garnet Assurance Corporation II
|
14-1893533
|
Garnet Assurance Corporation III
|
01-0947856
|
Global Preferred RE LTD
|
98-0164807
|
Intersecurities Ins Agency
|
42-1517005
|
Investors Warranty of America Inc
|
42-1154276
|
LIICA RE I
|
20-5984601
|
LIICA RE II
|
20-5927773
|
Transamerica Corporation
|
|
EIN: 42-1484983
|
|
AFFILIATIONS SCHEDULE
|
|
YEAR ENDED DECEMBER 31, 2015
|
|
Attachment to Note 7
|
|
Entity Name
|
FEIN
|
Massachusetts Fidelity Trust
|
42-0947998
|
MLIC RE I Inc
|
01-0930908
|
Money Services Inc
|
42-1079580
|
Monumental General Administrators Inc
|
52-1243288
|
Pearl Holdings Inc I
|
20-1063558
|
Pearl Holdings Inc II
|
20-1063571
|
Pine Falls Re Inc
|
26-1552330
|
Pyramid Insurance Company LTD
|
98-0087891
|
Real Estate Alternatives Portfolio 3A Inc
|
20-1627078
|
River Ridge Insurance Company
|
20-0877184
|
Short Hills Management
|
42-1338496
|
Stonebridge Benefit Services Inc
|
75-2548428
|
Stonebridge Life Insurance Company
|
03-0164230
|
Stonebridge Reinsurance Company
|
61-1497252
|
TCF Asset Management Corp
|
84-0642550
|
TCFC Air Holdings Inc
|
32-0092333
|
TCFC Asset Holdings Inc
|
32-0092334
|
The RCC Group Inc
|
13-3695273
|
TLIC Oakbrook Reinsurance Inc.
|
47-1026613
|
TLIC Riverwood Reinsurance Inc
|
45-3193055
|
Tranasmerica Advisors Life Insurance Company (FKA MLLIC)
|
91-1325756
|
Transamerica Accounts Holding Corp
|
36-4162154
|
Transamerica Affinity Services Inc
|
42-1523438
|
Transamerica Affordable Housing Inc
|
94-3252196
|
Transamerica Agency Network Inc (FKA: Life Inv Fin Group)
|
61-1513662
|
Transamerica Annuity Service Corporation
|
85-0325648
|
Transamerica Asset Management (fka Transamerica Fund Adviso)
|
59-3403585
|
Transamerica Capital Inc
|
95-3141953
|
Transamerica Casualty Insurance Company
|
31-4423946
|
Transamerica Commercial Finance Corp I
|
94-3054228
|
Transamerica Consumer Finance Holding Company
|
95-4631538
|
Transamerica Corporation (OREGON)
|
98-6021219
|
Transamerica Distribution Finance Overseas Inc
|
36-4254366
|
Transamerica Finance Corporation
|
95-1077235
|
SCHEDULE I
|
||||
Amount at
|
||||
Which Shown
|
||||
Fair
|
in the
|
|||
Type of Investment
|
Cost (1)
|
Value
|
Balance Sheet (2)
|
|
Fixed maturities
|
||||
Bonds:
|
||||
United States government and
|
||||
government agencies and
|
||||
authorities
|
$ 669,676
|
$ 726,899
|
$ 672,651
|
|
States, municipalities and political
|
||||
subdivisions
|
479,744
|
506,433
|
479,695
|
|
Foreign governments
|
224,105
|
236,408
|
224,105
|
|
Hybrid securities
|
376,278
|
331,012
|
376,146
|
|
All other corporate bonds
|
12,745,103
|
13,456,345
|
12,718,775
|
|
Preferred stocks
|
6,428
|
5,579
|
6,428
|
|
Total fixed maturities
|
14,501,334
|
15,262,676
|
14,477,800
|
|
Equity securities
|
||||
Common stocks:
|
||||
Industrial, miscellaneous and all
|
||||
other
|
26,652
|
50,528
|
50,528
|
|
Total equity securities
|
26,652
|
50,528
|
50,528
|
|
Mortgage loans on real estate
|
1,687,756
|
1,687,756
|
||
Real estate
|
227,311
|
227,311
|
||
Policy loans
|
925,179
|
925,179
|
||
Other long-term investments
|
271,647
|
271,647
|
||
Receivable for Securities
|
1,552
|
1,552
|
||
Securities Lending
|
354,051
|
354,051
|
||
Cash, cash equivalents and short-term
|
||||
investments
|
630,473
|
630,473
|
||
Total investments
|
$ 18,625,955
|
$ 18,626,297
|
||
SCHEDULE III
|
||||||||
Benefits,
|
||||||||
Claims
|
||||||||
Future Policy
|
Policy and
|
Net
|
Losses and
|
Other
|
||||
Benefits and
|
Unearned
|
Contract
|
Premium
|
Investment
|
Settlement
|
Operating
|
||
Expenses
|
Premiums
|
Liabilities
|
Revenue
|
Income*
|
Expenses
|
Expenses*
|
||
Year ended December 31, 2015
|
||||||||
Individual life
|
$ 7,342,263
|
$ –
|
$ 115,608
|
$ 1,173,427
|
$ 363,846
|
$ 872,269
|
$ 799,628
|
|
Individual health
|
874,366
|
30,940
|
57,676
|
530,294
|
41,145
|
524,184
|
237,922
|
|
Group life and health
|
635,765
|
19,430
|
92,704
|
636,321
|
31,081
|
353,653
|
211,968
|
|
Annuity
|
3,363,955
|
–
|
676
|
778,135
|
330,277
|
949,835
|
(34,630)
|
|
Other
|
–
|
–
|
–
|
–
|
74,485
|
–
|
–
|
|
$ 12,216,349
|
$ 50,370
|
$ 266,664
|
$ 3,118,177
|
$ 840,834
|
$ 2,699,941
|
$ 1,214,888
|
||
Year ended December 31, 2014
|
||||||||
Individual life
|
$ 6,956,487
|
$ –
|
$ 130,400
|
$ 950,127
|
$ 372,068
|
$ 718,488
|
$ 648,770
|
|
Individual health
|
545,640
|
23,215
|
40,888
|
4,065,711
|
43,818
|
(13,748)
|
3,855,616
|
|
Group life and health
|
662,343
|
31,956
|
102,266
|
566,324
|
35,156
|
313,348
|
269,914
|
|
Annuity
|
3,660,269
|
–
|
941
|
755,164
|
374,929
|
1,222,721
|
(155,769)
|
|
$ 11,824,739
|
$ 55,171
|
$ 274,495
|
$ 6,337,326
|
$ 825,971
|
$ 2,240,809
|
$ 4,618,531
|
||
Year ended December 31, 2013
|
||||||||
Individual life
|
$ 6,713,309
|
$ –
|
$ 130,184
|
$ 916,673
|
$ 354,505
|
$ 813,697
|
$ 646,392
|
|
Individual health
|
616,993
|
24,181
|
43,741
|
163,907
|
30,895
|
221,766
|
83,668
|
|
Group life and health
|
685,630
|
30,939
|
88,578
|
452,609
|
36,268
|
283,405
|
180,142
|
|
Annuity
|
3,815,167
|
–
|
710
|
714,379
|
400,151
|
1,316,276
|
(511,961)
|
|
$ 11,831,099
|
$ 55,120
|
$ 263,213
|
$ 2,247,568
|
$ 821,819
|
$ 2,635,144
|
$ 398,241
|
||
SCHEDULE IV
|
||||||
Assumed
|
Percentage
|
|||||
Ceded to
|
From
|
of Amount
|
||||
Gross
|
Other
|
Other
|
Net
|
Assumed
|
||
Amount
|
Companies
|
Companies
|
Amount
|
to Net
|
||
Year ended December 31, 2015
|
||||||
Life insurance in force
|
$ 199,150,576
|
$ 77,398,265
|
$ 5,030,659
|
$ 126,782,970
|
4%
|
|
Premiums:
|
||||||
Individual life
|
$ 1,629,401
|
$ 464,671
|
$ 8,697
|
$ 1,173,427
|
1%
|
|
Individual health
|
145,438
|
4,720
|
388,714
|
529,432
|
73%
|
|
Group life and health
|
630,126
|
77,888
|
84,084
|
636,322
|
13%
|
|
Annuity
|
793,281
|
33,124
|
17,978
|
778,135
|
2%
|
|
$ 3,198,246
|
$ 580,403
|
$ 499,473
|
$ 3,117,316
|
16%
|
||
Year ended December 31, 2014
|
||||||
Life insurance in force
|
$ 184,738,794
|
$ 84,926,052
|
$ 5,804,983
|
$ 105,617,725
|
5%
|
|
Premiums:
|
||||||
Individual life
|
$ 1,468,449
|
$ 532,051
|
$ 13,729
|
$ 950,127
|
1%
|
|
Individual health
|
109,110
|
6,436
|
3,963,037
|
4,065,711
|
97%
|
|
Group life and health
|
594,400
|
90,136
|
62,059
|
566,323
|
11%
|
|
Annuity
|
768,531
|
36,250
|
22,884
|
755,165
|
3%
|
|
$ 2,940,490
|
$ 664,873
|
$ 4,061,709
|
$ 6,337,326
|
64%
|
||
Year ended December 31, 2013
|
||||||
Life insurance in force
|
$ 179,192,720
|
$ 92,104,550
|
$ 3,588,743
|
$ 90,676,913
|
4%
|
|
Premiums:
|
||||||
Individual life
|
$ 1,461,159
|
$ 555,312
|
$ 10,826
|
$ 916,673
|
1%
|
|
Individual health
|
116,968
|
8,564
|
55,503
|
163,907
|
34%
|
|
Group life and health
|
489,347
|
101,641
|
64,902
|
452,608
|
14%
|
|
Annuity
|
730,888
|
42,317
|
25,808
|
714,379
|
4%
|
|
$ 2,798,362
|
$ 707,834
|
$ 157,039
|
$ 2,247,567
|
7%
|
||
(a)
|
Board of Directors Resolution
|
|
(i)
|
Resolution of the Board of Directors of Western Reserve establishing the separate account (1)
|
|
(ii)
|
Resolution of TPLIC Board authorizing Plan of Merger and attached Plan of Merger (13)
|
|
(iii)
|
Resolution of WRL Board of Directors authorizing Plan of Merger and attached Plan of Merger (18)
|
|
(iv)
|
Resolution Authorizing Re-domestication of the Separate Account (13)
|
|
(b)
|
Not Applicable
|
|
(c)
|
Underwriting Contracts
|
|
(i)
|
Amended and Restated Principal Underwriting Agreement between Transamerica Capital Inc. and Monumental Life dated March 1, 2013 (19)
|
|
(ii)
|
Amendment No. 1 to Amended and Restated Principal Underwriting Agreement between Transamerica Capital Inc. and Transamerica Premier Life Insurance Company (formerly, Monumental Life) dated July 31, 2014 (13)
|
|
(d)
|
Contracts
|
|
(i)
|
(a)Specimen Flexible Premium Variable Life Insurance Policy (VL07) (5)
|
|
(b) Revised GPT Schedule Pages (VL07) (10)
|
||
(c) Revised CVAT Schedule Pages (VL07) (10)
|
||
(ii)
|
Inflation Fighter Rider (5)
|
|
(iii)
|
Primary Insured Rider Plus (5)
|
|
(iv)
|
Disability Waiver of Premium Rider (5)
|
|
(v)
|
Disability Waiver of Monthly Deductions Rider (5)
|
|
(vi)
|
Other Insured Rider (5)
|
|
(vii)
|
Accidental Death Benefit Rider (5)
|
|
(viii)
|
Living Benefit Rider (an Accelerated Death Benefit) (3)
|
|
(ix)
|
Children's Insurance Rider (4)
|
|
(e)
|
Applications
|
|
Application for Flexible Premium Variable Life Insurance Policy (3)
|
||
(f)
|
Depositor's Certificate of Incorporation and By-Laws
|
|
(i)
|
Restated Articles of Incorporation and Articles of Re-domestication of TPLIC (formerly, Monumental Life Insurance Company) (20)
|
|
(ii)
|
Amended By-Laws of TPLIC (formerly, Monumental Life Insurance Company) (20)
|
|
(g)
|
Reinsurance Contracts
|
|
(i)
|
Reinsurance Treaty dated September 30, 2000 and Amendments Thereto (2)
|
|
(ii)
|
Reinsurance Treaty dated July 1, 2002 and Amendments Thereto (2)
|
|
(iii)
|
Reinsurance Treaty dated September 1, 2003 (6)
|
|
(h)
|
Participation Agreements
|
|
(i)
|
Participation Agreement among Transamerica Series Trust and Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, Monumental Life Insurance Company, and Western Reserve Life Assurance Co. of Ohio dated May 1, 2013 (13)
|
|
(ii)
|
Amendment No. 1 to Participation Agreement among Transamerica Series Trust and Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, Monumental Life Insurance Company, and Western Reserve Life Assurance Co. of Ohio dated May 1, 2013 (13)
|
|
(iii)
|
Revision to Schedule A dated September 3, 2013 of the Participation Agreement among Transamerica Series Trust and Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, Monumental Life Insurance Company, and Western Reserve Life Assurance Co. of Ohio dated May 1, 2013 (13)
|
|
(iv)
|
Revision to Schedule A dated September 18, 2013 of the Participation Agreement among Transamerica Series Trust and Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, Monumental Life Insurance Company, and Western Reserve Life Assurance Co. of Ohio dated May 1, 2013 (13)
|
(v)
|
Revision to Schedule A dated October 31, 2013 of the Participation Agreement among Transamerica Series Trust and Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, Monumental Life Insurance Company, and Western Reserve Life Assurance Co. of Ohio dated May 1, 2013 (13)
|
|
(vi)
|
Revision to Schedule A dated May 1, 2014 of the Participation Agreement among Transamerica Series Trust and Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, Monumental Life Insurance Company, and Western Reserve Life Assurance Co. of Ohio dated May 1, 2013 (22)
|
|
(vii)
|
Revision to Schedule A dated July 1, 2014 of the Participation Agreement among Transamerica Series Trust and Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, Monumental Life Insurance Company, and Western Reserve Life Assurance Co. of Ohio dated May 1, 2013 (22)
|
|
(viii)
|
Amendment No. 2 dated November 10, 2014 to Participation Agreement among Transamerica Series Trust and Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, and Transamerica Premier Life Insurance Company dated May 1, 2013 (22)
|
|
(ix)
|
Amended Schedule A to Participation Agreement dated 5-1-2015 (23)
|
|
(x)
|
Amended Schedule A to Participation Agreement dated 12-18-2015 (23)
|
|
(xi)
|
Amended Schedule A to Participation Agreement dated 3-21-2016 (23)
|
|
(xii)
|
Amended Schedule A to Participation Agreement dated 5-01-2016 (23)
|
|
(xiii)
|
Participation Agreement Among Variable Insurance Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 12-1-2000 (22)
|
|
(xiv)
|
Amendment No. 1 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 3-8-2004 (22)
|
|
(xv)
|
Amendment No. 2 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 5-1-2005 (22)
|
|
(xvi)
|
Amendment No. 3 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 6-27-2007 (22)
|
|
(xvii)
|
Amendment No. 4 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 10-1-2007 (22)
|
|
(xviii)
|
Amendment No. 5 (Privacy) to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Monumental Life Insurance Company (formerly, Peoples Benefit Life Insurance Company) dated 3-1-2012 (22)
|
|
(xix)
|
Amendment No. 6 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Monumental Life Insurance Company (formerly, Peoples Benefit Life Insurance Company) dated 5-1-2013 (22)
|
|
(xx)
|
Amendment No. 7 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Transamerica Premier Life Insurance Company (formerly, Monumental Life Insurance Company) dated 10-1-2014 (22)
|
|
(xxi)
|
Summary Prospectus Agreement between WRL and Fidelity Distributors Corporation dated May 1, 2011 (11)
|
|
(xxii)
|
Participation Agreement Among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated June 6, 2006 (7)
|
|
(xxiii)
|
Amendment No. 1 to Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated June 1, 2007 (7)
|
|
(xxiv)
|
Amendment No. 2 to Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated August 30, 2008 (8)
|
|
(xxv)
|
Amendment No. 3 to Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated February 28, 2008 (9)
|
|
(xxvi)
|
Amendment No. 5 to Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated May 1, 2012 (11)
|
|
(xxvii)
|
Amendment No. 6 to Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated May 1, 2013(13)
|
|
(xxviii)
|
Confidentiality Amendment to ProFunds Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFunds Advisors LLC dated February 22, 2012 (11)
|
(xxix)
|
Participation Agreement between AllianceBernstein Variable Products Series Fund, Inc. and Transamerica Premier Life Insurance Company (formerly, Monumental Life) dated August 2, 2000 (16)
|
||
(xxx)
|
Amendment to Participation Agreement Among AllianceBernstein Variable Products Series Fund, Inc. and TPLIC dated May 9, 2008 (16)
|
||
(xxxi)
|
Amendment 2 to Participation Agreement Among AllianceBernstein Variable Products Series Fund, Inc. and TPLIC dated March 1, 2012 (17)
|
||
(xxxii)
|
Amendment No. 3 to Participation Agreement between AllianceBernstein Variable Products Series Fund, Inc. and TPLIC dated April 30, 2014(18)
|
||
(xxxiii)
|
Amendment No. 4 to Participation Agreement between AllianceBernstein Variable Products Series Fund, Inc. and TPLIC dated October 1, 2014(15)
|
||
(xxxiv)
|
Amended Schedule A to Participation Agreement dated 5-1-2015 (23)
|
||
(xxxv)
|
Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and Transamerica Capital, Inc. dated November 10, 2008 (9)
|
||
(xxxvi)
|
Amendment No. 1 to Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and Transamerica Capital, Inc. dated May 1, 2009 (9)
|
||
(xxxvii)
|
Amendment No. 2 to Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and Transamerica Capital, Inc. dated October 1, 2010 (12)
|
||
(xxxviii)
|
Amendment No. 3 to Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and Transamerica Capital, Inc. dated October 31, 2011 (11)
|
||
(xxxix)
|
Amendment to Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and Transamerica Capital, Inc. dated January 15, 2013 (10)
|
||
(xxxl)
|
Addendum to Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and Transamerica Capital, Inc. dated May 1, 2011 (10)
|
||
(xxxli)
|
Amendment No.6 to Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve Life Assurance Co. of Ohio and Transamerica Capital, Inc. dated May 1, 2014 (22)
|
||
(xliii)
|
Amendment No.7 to Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Transamerica Premier Life Insurance Company (formerly, Western Reserve Life Assurance Co. of Ohio) and Transamerica Capital, Inc. dated September 30, 2014 (22)
|
||
(xliiii)
|
Amendment No.8 to Participation Agreement Among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Transamerica Premier Life Insurance Company (formerly, Western Reserve Life Assurance Co. of Ohio) and Transamerica Capital, Inc. dated October 24, 2014 (22)
|
||
(i)
|
Not Applicable
|
||
(j)
|
Not Applicable
|
||
(k)
|
Legal Opinion
|
||
(i)
|
Legal Opinion and Consent of Arthur D. Woods, Esq. (2 4 )
|
||
(l)
|
Actuarial Opinion
|
||
(i)
|
Opinion and Consent of Randall C. Wright (2 4 )
|
||
(m)
|
Sample Hypothetical Illustration (6)
|
||
(n)
|
Other Opinions:
|
||
Written Consent of PricewaterhouseCoopers LLP (2 4 )
|
|||
(i)
|
Written Consent of Ernst & Young LLP (2 4 )
|
||
(o)
|
Not Applicable
|
||
(p)
|
Not Applicable
|
||
(q)
|
Redeemability Exemption
|
||
Memorandum describing issuance, transfer and redemption procedures (21)
|
(r)
|
Powers of Attorney for: (2 4 )
|
|
(i)
|
Mark W. Mullin
|
|
(ii)
|
David Schulz
|
|
(iii)
|
Blake S. Bostwick
|
|
(iv)
|
Jason Orlandi
|
|
(v)
|
C. Michael van Katwijk
|
|
(vi)
|
Eric J. Martin
|
|
(1)
|
This exhibit was previously filed on Post-Effective Amendment No. 16 to Form S-6 Registration Statement dated April 21, 1998 (File No. 33-31140) and is incorporated herein by reference.
|
(2)
|
This exhibit was previously filed on Pre-Effective Amendment No. 1 to Form N-6 Registration Statement dated January 31, 2003 (File No. 333-100993) and is incorporated herein by reference.
|
(3)
|
This exhibit was previously filed on the Initial Registration Statement to Form S-6 dated April 5, 2001 (File No. 333-58322) and is incorporated herein by reference.
|
(4)
|
This exhibit was previously filed on Pre-Effective Amendment No. 1 to Form S-6 Registration Statement dated April 21, 1999 (File No. 333-62397) and is incorporated herein by reference.
|
(5)
|
This exhibit was previously filed on the Initial Registration Statement to Form N-6 Registration Statement dated August 6, 2003 (File No. 333-107705) and is incorporated herein by reference.
|
(6)
|
This exhibit was previously filed on Post-Effective Amendment No. 1 to Form N-6 Registration Statement dated February 26, 2004 (File No. 333-107705) and is incorporated herein by reference.
|
(7)
|
This exhibit was previously filed on the Initial Registrations Statement to Form N-6 Registration Statement dated June 14, 2006 (File No. 333-135005) and is incorporated herein by reference.
|
(8)
|
This exhibit was previously filed on Pre-Effective Amendment No. 1 to Form N-6 Registration Statement dated October 16, 2007 (File 333-144117) and is incorporated herein by reference.
|
(9)
|
(10)
|
This exhibit was previously filed on Post-Effective Amendment No. 13 to Form N-6 Registration Statement dated April 18, 2011 (File No. 333-110315) and is incorporated herein by reference.
|
(11)
|
This exhibit was previously filed on Post-Effective Amendment No. 16 to Form N-6 Registration Statement dated April 18, 2012 (File No. 333-107705) and is incorporated herein by reference.
|
(12)
|
This exhibit was previously filed on Post-Effective Amendment No. 15 to Form N-6 Registration Statement dated April 22, 2013 (File No. 333-110315) and is incorporated herein by reference.
|
(13)
|
This exhibit was previously filed on Post-Effective Amendment No. 16 to Form N-6 Registration Statement dated April 29, 2014 (File No. 333-110315) and is incorporated herein by reference.
|
(14)
|
This exhibit was previously filed on Post-Effective Amendment No. 18 to Form N-6 Registration Statement dated April 29, 2014 (File No. 333-107705) and is incorporated herein by reference.
|
(15)
|
This exhibit was previously filed on the Initial Registration Statement dated October 1, 2014 (File No. 333-199047) and is incorporated herein by reference.
|
(16)
|
This exhibit was previously filed on Post-Effective amendment No. 5 to Form N-4 Registration Statement dated April 29, 2009 (File No. 333-146323) and is incorporated herein by reference.
|
(17)
|
This exhibit was previously filed on Post-Effective amendment No. 9 to Form N-4 Registration Statement dated April 25, 2013 (File No. 333-146323) and is incorporated herein by reference.
|
(18)
|
This exhibit was previously filed on Post-Effective amendment No. 10 to Form N-4 Registration Statement dated April 30, 2014 (File No. 333-146323) and is incorporated herein by reference.
|
(19)
|
This exhibit was previously filed on Post-Effective amendment No. 9 to Form N-4 Registration Statement dated April 25, 2013 (File No. 333-146323) and is incorporated herein by reference.
|
(20)
|
Incorporated herein by reference to initial filing on Form N-4 Registration Statement (File 333-138040) filed on October 17, 2006.
|
(21)
|
This exhibit was previously filed on the Initial Registration Statement to Form N-6 dated October 1, 2014 (File No. 333-199047) and is incorporated herein by reference.
|
(22)
|
This exhibit was previously filed on Post-Effective Amendment No. 1 to Form N-6 Registration Statement (File No. 333-199047) filed on April 28, 2015.
|
(23)
|
This exhibit was previously filed on Post-Effective Amendment No. 2 to Form N-6 Registration Statement (File No. 333-199047) filed on April 27, 2016.
|
(24)
|
Filed herewith.
|
Name
|
Position and Offices with Depositor
|
|
Mark W. Mullin
|
(2)
|
|
Blake B. Bostwick
|
(3)
|
and President
|
Eric J. Martin
|
(1)
|
Senior Vice President and Corporate Controller
|
C. Michiel van Katwijk
|
(1)
|
Director, Chief Financial Officer, Senior Vice President and Treasurer
|
David Schulz
|
(1)
|
Director, Senior Vice President and Chief Tax Officer
|
Jason Orlandi
|
(2)
|
Director, Senior Vice President, Secretary and General Counsel
|
__________________________
|
||
(1)
|
(1)
|
4333 Edgewood Road, N.E., Cedar Rapids. Iowa 52499-0001
|
(2)
|
Two East Chase St., Baltimore, MD 21202
|
(3)
|
1801 California Street, Suite 5200, Denver, CO 80202-2642
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
|
25 East 38th Street, LLC
|
Delaware
|
Sole Member: Yarra Rapids, LLC
|
Real estate investments
|
239 West 20th Street, LLC
|
Delaware
|
Sole Member: Yarra Rapids, LLC
|
Real estate investments
|
313 East 95th Street, LLC
|
Delaware
|
Sole Member: Yarra Rapids, LLC
|
Real estate investments
|
319 East 95th Street, LLC
|
Delaware
|
Sole Member: Yarra Rapids, LLC
|
Real estate investments
|
AEGON Affordable Housing Debt Fund I, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
AEGON Alliances, Inc.
|
Virginia
|
100% Commonwealth General Corporation
|
Insurance company marketing support
|
AEGON Asset Management Services, Inc.
|
Delaware
|
100% AUSA Holding, LLC
|
Registered investment advisor
|
AEGON Assignment Corporation
|
Illinois
|
100% AEGON Financial Services Group, Inc.
|
Administrator of structured settlements
|
AEGON Assignment Corporation of Kentucky
|
Kentucky
|
100% AEGON Financial Services Group, Inc.
|
Administrator of structured settlements
|
AEGON Direct Marketing Services, Inc.
|
Maryland
|
Transamerica Premier Life Insurance Company owns 103,324 shares; Commonwealth General Corporation owns 37,161 shares
|
Marketing company
|
AEGON Direct Marketing Services International, Inc.
|
Maryland
|
100% AUSA Holding, LLC
|
Marketing arm for sale of mass marketed insurance coverage
|
AEGON Direct Marketing Services Mexico, S.A. de C.V.
|
Mexico
|
100% AEGON DMS Holding B.V.
|
Provide management advisory and technical consultancy services.
|
AEGON Direct Marketing Services Mexico Servicios, S.A. de C.V.
|
Mexico
|
100% AEGON DMS Holding B.V.
|
Provide marketing, trading, telemarketing and advertising services in favor of any third party, particularly in favor of insurance and reinsurance companies.
|
AEGON Financial Services Group, Inc.
|
Minnesota
|
100% Transamerica Life Insurance Company
|
Marketing
|
AEGON Funding Company, LLC.
|
Delaware
|
100% Transamerica Corporation
|
Issue debt securities-net proceeds used to make loans to affiliates
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
AEGON Institutional Markets, Inc.
|
Delaware
|
100% Commonwealth General Corporation
|
Provider of investment, marketing and administrative services to insurance companies
|
AEGON Life Insurance Agency Inc.
|
Taiwan
|
100% AEGON Direct Marketing Services, Inc. (Taiwan Domiciled)
|
Life insurance
|
AEGON Managed Enhanced Cash, LLC
|
Delaware
|
Members: Transamerica Life Insurance Company (88.6339%) ; Transamerica Premier Life Insurance Company (11.3661%)
|
Investment vehicle for securities lending cash collateral
|
AEGON Management Company
|
Indiana
|
100% Transamerica Corporation
|
Holding company
|
AEGON N.V.
|
Netherlands
|
22.446% of Vereniging AEGON Netherlands Membership Association
|
Holding company
|
AEGON Structured Settlements, Inc.
|
Kentucky
|
100% Commonwealth General Corporation
|
Administers structured settlements of plaintiff's physical injury claims against property and casualty insurance companies.
|
AEGON USA Asset Management Holding, LLC
|
Iowa
|
100% AUSA Holding, LLC
|
Holding company
|
AEGON USA Investment Management, LLC
|
Iowa
|
100% AEGON USA Asset Management Holding, LLC
|
Investment advisor
|
AEGON USA Real Estate Services, Inc.
|
Delaware
|
100% AEGON USA Realty Advisors, Inc.
|
Real estate and mortgage holding company
|
AEGON USA Realty Advisors, LLC
|
Iowa
|
Sole Member - AEGON USA Asset Management Holding, LLC
|
Administrative and investment services
|
AEGON USA Realty Advisors of California, Inc.
|
Iowa
|
100% AEGON USA Realty Advisors, Inc.
|
Investments
|
AFSG Securities Corporation
|
Pennsylvania
|
100% Commonwealth General Corporation
|
Inactive
|
AHDF Manager I, LLC
|
Delaware
|
Sole Member - AEGON USA Realty Advisors, LLC
|
Investments
|
ALH Properties Eight LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
ALH Properties Eleven LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
ALH Properties Four LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
ALH Properties Nine LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
ALH Properties Seven LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
ALH Properties Seventeen LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
ALH Properties Sixteen LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
ALH Properties Ten LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
ALH Properties Twelve LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
ALH Properties Two LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
AMTAX HOLDINGS 308, LLC
|
Ohio
|
TAHP Fund II, LLC - 100% member; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 347, LLC
|
Ohio
|
TAHP Fund II, LLC - 100% member; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 388, LLC
|
Ohio
|
TAHP Fund II, LLC - 100% member; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 483, LLC
|
Ohio
|
TAHP Fund I, LLC - 100% MEMBER; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 546, LLC
|
Ohio
|
TAHP Fund II, LLC - 100% member; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 559, LLC
|
Ohio
|
TAHP Fund I, LLC - 100% MEMBER; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 561, LLC
|
Ohio
|
TAHP Fund VII, LLC - 100% member; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 567, LLC
|
Ohio
|
TAHP Fund I, LLC - 100% MEMBER; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 588, LLC
|
Ohio
|
TAHP Fund I, LLC - 100% MEMBER; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 613, LLC
|
Ohio
|
Garnet LIHTC Fund VII, LLC - 99% member; Cupples State LIHTC Investors, LLC - 1% member; TAH Pentagon Funds, LLC - non-owner manager
|
Affordable housing
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
AMTAX HOLDINGS 639, LLC
|
Ohio
|
TAHP Fund I, LLC - 100% MEMBER; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 649, LLC
|
Ohio
|
TAHP Fund I, LLC - 100% MEMBER; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 672, LLC
|
Ohio
|
TAHP Fund I, LLC - 100% MEMBER; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
AMTAX HOLDINGS 713, LLC
|
Ohio
|
TAHP Fund II, LLC - 100% member; TAH Pentagon Funds LLC - non-owner manager
|
Affordable housing
|
Apollo Housing Capital Arrowhead Gardens, LLC
|
Delaware
|
Garnet LIHTC Fund XXXV, LLC - sole Member
|
Affordable housing
|
AUIM Credit Opportunities Fund, Ltd.
|
Delaware
|
100% AEGON USA Investment Management, LLC
|
Investment vehicle
|
AUSA Holding, LLC
|
Maryland
|
100% Transamerica Corporation
|
Holding company
|
AUSA Properties, Inc.
|
Iowa
|
100% AEGON USA Realty Advisors, LLC
|
Own, operate and manage real estate
|
AXA Equitable AgriFinance, LLC
|
Delaware
|
Members: AEGON USA Realty Advisors, LLC (50%); AXA Equitable Life Insurance Company, a non-affiliate of AEGON (50%)
|
Agriculturally-based real estate advisory services
|
Bay Area Community Investments I, LP
|
California
|
Partners: 69.995% Transamerica Life Insurance Company; 29.995% Transamerica Premier Life Insurance Company; 0.01% Transamerica Affordable housing, Inc.
|
Investments in low income housing tax credit properties
|
Bay State Community Investments I, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments in low income housing tax credit properties
|
Bay State Community Investments II, LLC
|
Delaware
|
100% Transamerica Premier
|
Investments in low income housing tax credit properties
|
Cedar Funding, Ltd.
|
Cayman Islands
|
100% Transamerica Life Insurance Company
|
Investments
|
Commonwealth General Corporation
|
Delaware
|
100% Transamerica Corporation
|
Holding company
|
Creditor Resources, Inc.
|
Michigan
|
100% AUSA Holding, LLC
|
Credit insurance
|
CRI Solutions Inc.
|
Maryland
|
100% Creditor Resources, Inc.
|
Sales of reinsurance and credit insurance
|
Cupples State LIHTC Investors, LLC
|
Delaware
|
100% Garnet LIHTC Fund VIII, LLC
|
Investments
|
FD TLIC, Limited Liability Company
|
New York
|
100% Transamerica Life Insurance Company
|
Broadway production
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
FGH Realty Credit LLC
|
Delaware
|
100% FGH USA, LLC
|
Real estate
|
FGH USA LLC
|
Delaware
|
100% RCC North America LLC
|
Real estate
|
FGP 90 West Street LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
FGP West Street LLC
|
Delaware
|
100% FGP West Mezzanine LLC
|
Real estate
|
Fifth FGP LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
Financial Planning Services, Inc.
|
District of Columbia
|
100% Commonwealth General Corporation
|
Special-purpose subsidiary
|
Firebird Re Corp.
|
Arizona
|
100% Transamerica Corporation
|
Captive insurance company
|
First FGP LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
Fourth FGP LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
Garnet Assurance Corporation
|
Kentucky
|
100%Transamerica Life Insurance Company
|
Investments
|
Garnet Assurance Corporation II
|
Iowa
|
100% Commonwealth General Corporation
|
Business investments
|
Garnet Assurance Corporation III
|
Iowa
|
100% Transamerica Life Insurance Company
|
Business investments
|
Garnet Community Investments, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments II, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Securities
|
Garnet Community Investments III, LLC
|
Delaware
|
100%Transamerica Life Insurance Company
|
Business investments
|
Garnet Community Investments IV, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments V, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments VI, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments VII, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments VIII, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments IX, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet Community Investments X, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments XI, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments XII, LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Investments
|
Garnet Community Investments XVIII, LLC
|
Delaware
|
100% Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XX, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXIV, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXV, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investment XXVI, LLC
|
Delaware
|
100% Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXVII, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investment XXVIII, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXIX, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXX, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXXI, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXXII, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXXIII, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXXIV, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXXV, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXXVI, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet Community Investments XXXVII, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXXVIII, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XXXIX, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XL, LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XLI, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XLII, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XLIII, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XLIV, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XLVI, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XLVII, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Garnet ITC Fund XLIII, LLC
|
Delaware
|
Sole Member: Garnet Community Investments XLIII, LLC
|
Investments
|
Garnet LIHTC Fund II, LLC
|
Delaware
|
Members: Garnet Community Investments II, LLC (99.99%); Transamerica Life Insurance Company (0.01%)
|
Investments
|
Garnet LIHTC Fund III, LLC
|
Delaware
|
Members: Garnet Community Investments III, LLC (0.01%); Jefferson-Pilot Life Insurance Company, a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund IV, LLC
|
Delaware
|
Members: Garnet Community Investments IV, LLC (0.01%); Goldenrod Asset Management, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund V, LLC
|
Delaware
|
Members: Garnet Community Investments V, LLC (0.01%); Lease Plan North America, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet LIHTC Fund VI, LLC
|
Delaware
|
Members: Garnet Community Investments VI, LLC (0.01%); Pydna Corporation, a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund VII, LLC
|
Delaware
|
Members: Garnet Community Investments VII, LLC (0.01%); J.P. Morgan Chase Bank, N.A., a non-AEGON affiliate(99.99%)
|
Investments
|
Garnet LIHTC Fund VIII, LLC
|
Delaware
|
Members: Garnet Community Investments VIII, LLC (0.01%); J.P. Morgan Chase Bank, N.A., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund IX, LLC
|
Delaware
|
Members: Garnet Community Investments IX, LLC (0.01%); Bank of America, N.A., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund X, LLC
|
Delaware
|
Members: Garnet Community Investments X, LLC (0.01%); Goldenrod Asset Management, a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XI, LLC
|
Delaware
|
Members: Garnet Community Investments XI, LLC (0.01%); NorLease, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XII, LLC
|
Delaware
|
Garnet Community Investments XII, LLC (.01%); and the following non-AEGON affiliates: Bank of America, N.A.( 73.39%); J.P. Morgan Chase Bank, N.A. (13.30%); NorLease, Inc. (13.30%)
|
Investments
|
Garnet LIHTC Fund XII-A, LLC
|
Delaware
|
Garnet Community Investments XII, LLC (0.01%); Bank of America, N.A., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XII-B, LLC
|
Delaware
|
Garnet Community Investments XII, LLC (0.01%); J.P. Morgan Chase Bank, N.A., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XII-C, LLC
|
Delaware
|
Garnet Community Investments XII, LLC (.01%); NorLease, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet LIHTC Fund XIII, LLC
|
Delaware
|
Garnet Community Investments XII, LLC (.01%); and the following non-AEGON affiliates: Bank of America, N.A.( 73.39%); J.P. Morgan Chase Bank, N.A. (13.30%); NorLease, Inc. (13.30%)
|
Investments
|
Garnet LIHTC Fund XIII-A, LLC
|
Delaware
|
Garnet Community Investments XII, LLC (.01%); J.P. Morgan Chase Bank, N.A., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XIII-B, LLC
|
Delaware
|
Garnet Community Investments XII, LLC (.01%); NorLease, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XIV, LLC
|
Delaware
|
0.01% Garnet Community Investments, LLC; 49.995% Wells Fargo Bank, N.A.; and 49.995% Goldenrod Asset Management, Inc.
|
Investments
|
Garnet LIHTC Fund XV, LLC
|
Delaware
|
Members: Garnet Community Investments, LLC (0.01%); Bank of America, N.A., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XVI, LLC
|
Delaware
|
Members: Garnet Community Investments, LLC (0.01%); FNBC Leasing Corporation, a non-AEGON entity (99.99%)
|
Investments
|
Garnet LIHTC Fund XVII, LLC
|
Delaware
|
Members: Garnet Community Investments, LLC (0.01%); Special Situations Investing Group II, LLC, a non-affiliate of AEGON (99.99%)
|
Investments
|
Garnet LIHTC Fund XVIII, LLC
|
Delaware
|
Members: Garnet Community Investments XVIII, LLC (0.01%); Verizon Capital Corp., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XIX, LLC
|
Delaware
|
Members: Garnet Community Investments, LLC (0.01%); Bank of America, N.A., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XX, LLC
|
Delaware
|
Sole Member - Garnet Community Investments XX, LLC
|
Investments
|
Garnet LIHTC Fund XXI, LLC
|
Delaware
|
100% Garnet Community Investments, LLC
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet LIHTC Fund XXII, LLC
|
Delaware
|
Members: Garnet Community Investments, LLC (0.01%); NorLease, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XXIII, LLC
|
Delaware
|
Members: Garnet Community Investments, LLC (0.01%); Idacorp Financial Services, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XXIV, LLC
|
Delaware
|
Members: Garnet Community Investments XXIV, LLC (0.01% as Managing Member); Transamerica Life Insurance Company (21.26%); non-affiliates of AEGON: New York Life Insurance Company (25.51%), New York Life Insurance and Annuity Corporation (21.73%) and Principal Life Insurance Company (31.49%)
|
Investments
|
Garnet LIHTC Fund XXV, LLC
|
Delaware
|
Members: Garnet Community Investment XXV, LLC (0.01%); Garnet LIHTC Fund XXVIII LLC (1%); non-affiliates of AEGON: Mt. Hamilton Fund, LLC (97.99%); Google Affordable housing I LLC (1%)
|
Investments
|
Garnet LIHTC Fund XXVI, LLC
|
Delaware
|
Members: Garnet Community Investments XXVI, LLC (0.01%); American Income Life Insurance Company, a non-affiliate of AEGON (99.99%)
|
Investments
|
Garnet LIHTC Fund XXVII, LLC
|
Delaware
|
Members: Garnet Community Investments XXVII, LLC (0.01%); Transamerica Life Insurance Company (16.7045%); non-affiliates of AEGON: Aetna Life Insurance Company (30.2856%); New York Life Insurance Company (22.7142%); ProAssurance Casualty Company (3.6343%); ProAssurance Indemnity Company (8.4800%); State Street Bank and Trust Company (18.1714%)
|
Investments
|
Garnet LIHTC Fund XXVIII, LLC
|
Delaware
|
Members: Garnet Community Investments XXVIII LLC (0.01%); non-affiliates of AEGON: USAA Casualty Insurance Company (17.998%); USAA General Indemnity Company (19.998%); USAA Life Insurance Company (3.999%); United Services Automobile Association (57.994%)
|
Investments
|
Garnet LIHTC Fund XXIX, LLC
|
Delaware
|
Members: Garnet Community Investments XXIX, LLC (.01%); non-affiliate of AEGON: Bank of America, N.A. (99.99%)
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet LIHTC Fund XXX, LLC
|
Delaware
|
Garnet Community Investments XXX, LLC (0.01%); non-affiliate of AEGON, New York Life Insurance Company (99.99%)
|
Investments
|
Garnet LIHTC Fund XXXI, LLC
|
Delaware
|
Members: Garnet Community Investments XXXI, LLC (0.1%); non-affiliates of AEGON: Thunderbolt Peak Fund, LLC (98.99%); Google Affordable housing I, LLC (1%)
|
Investments
|
Garnet LIHTC Fund XXXII, LLC
|
Delaware
|
Sole Member: Garnet Community Investments XXXVII, LLC.
|
Investments
|
Garnet LIHTC Fund XXXIII, LLC
|
Delaware
|
Members: Garnet Community Investment XXXIII, LLC (0.01%); non-affiliate of AEGON, NorLease, Inc. (99.99%)
|
Investments
|
Garnet LIHTC Fund XXXIV, LLC
|
Delaware
|
Members: non-AEGON affiliate, U.S. Bancorp Community Development Corporation (99.99%); Garnet Community Investments XXXIV, LLC (.01%)
|
Investments
|
Garnet LIHTC Fund XXXV, LLC
|
Delaware
|
Members: Garnet Community Investment XXXV, LLC (0.01%); non-affiliate of AEGON, Microsoft Corporation (99.99%)
|
Investments
|
Garnet LIHTC Fund XXXVI, LLC
|
Delaware
|
Members: Garnet Community Investments XXXVI, LLC (1%) as managing member; JPM Capital Corporation, a non-AEGON affiliate (99%) as investor member
|
Investments
|
Garnet LIHTC Fund XXXVII, LLC
|
Delaware
|
Members: Garnet Community Investments XXXVII, LLC (.01%); LIH Realty Corporation, a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XXXVIII, LLC
|
Delaware
|
Members: Garnet Community Investments XXXVIII, LLC, non-member manager; non-affiliate of AEGON, Norlease, Inc. (100%)
|
Investments
|
Garnet LIHTC Fund XXXIX, LLC
|
Delaware
|
Members: Garnet Community Investments XXXIX, LLC at 1% managing member and non-AEGON affiliate, FNBC Leasing Corporation as the 99% investor member.
|
Investments
|
Garnet LIHTC Fund XL, LLC
|
Delaware
|
Members: Garnet Community Investments XL, LLC as a .01% member and non-AEGON affiliate, Partner Reinsurance Company of the U.S. as the 99.99% member.
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet LIHTC Fund XLI, LLC
|
Delaware
|
Members: Transamerica Life Insurance Company (9.990%) and Garnet Community Investments XLI, LLC (.01% managing member); non-AEGON affiliates : BBCN Bank (1.2499%), East West Bank (12.4988%), Opus Bank (12.4988%), Standard Insurance Company (24.9975%), Mutual of Omaha (12.4988%), Pacific Western Bank (7.4993%) and Principal Life Insurance Company (18.7481%).
|
Investments
|
Ganet LIHTC Fund XLII, LLC
|
Delaware
|
Members: Garnet Community Investments XLII, LLC (.01%) managing member; non-affiliates of AEGON: Community Trust Bank (83.33%) investor member; Metropolitan Bank (16.66%) investor member.
|
Investments
|
Garnet LIHTC Fund XLIV-A, LLC
|
Delaware
|
Sole Member: ING Capital, LLC; Asset Manager: Garnet Community Investments XLIV, LLC (0% interest)
|
Investments
|
Garnet LIHTC Fund XLIV-B, LLC
|
Delaware
|
Sole Member: Lion Capital Delaware, Inc.; Asset Manager: Garnet Community Investments XLIV, LLC (0% interest)
|
Investments
|
Garnet LIHTC Fund XLVI, LLC
|
Delaware
|
Sole Member - Garnet Community Investments XLVI, LLC
|
Investments
|
Garnet LIHTC Fund XLVII, LLC
|
Delaware
|
Sole Member: Garnet Community Investments XLVII, LLC
|
Investments
|
Harbor View Re Corp.
|
Hawaii
|
100% Commonwealth General Corporation
|
Captive insurance company
|
Horizons Acquisition 5, LLC
|
Florida
|
Sole Member - PSL Acquisitions Operating, LLC
|
Development company
|
Horizons St. Lucie Development, LLC
|
Florida
|
Sole Member - PSL Acquisitions Operating, LLC
|
Development company
|
Imani Fe, LP
|
California
|
Partners: Garnet LIHTC Fund XIV, LL (99.99% investor limited partner); Transamerica Affordable housing, Inc. (non-owner manager); non-affiliates of AEGON: ABS Imani Fe, LLC (.0034% class A limited partner); Central Valley Coalition for Affordable housing (.0033% co-managing general partner); Grant Housing and Economic Development Corporation (.0033% managing partner)
|
Affordable housing
|
Intersecurities Insurance Agency, Inc.
|
California
|
100% Transamerica Premier Life Insurance Company
|
Insurance agency
|
Interstate North Office Park GP, LLC
|
Delaware
|
100% Interstate North Office Park Owner, LLC
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Interstate North Office Park, LP
|
Delaware
|
100% Interstate North Office Park Owner, LLC
|
Investments
|
Interstate North Office Park Owner, LLC
|
Delaware
|
100% Investors Warranty of America, LLC
|
Investments
|
Interstate North Office Park (Land) GP, LLC
|
Delaware
|
100% Interstate North Office Park Owner, LLC
|
Investments
|
Interstate North Office Park (Land) LP
|
Delaware
|
100% Interstate North Office Park Owner, LLC
|
Investments
|
Investors Warranty of America, LLC
|
Iowa
|
100% Transamerica Life Insurance Company
|
Leases business equipment
|
Ironwood Re Corp.
|
Hawaii
|
100% Transamerica Corporation
|
Captive insurance company
|
LCS Associates, LLC
|
Delaware
|
100% Investors Warranty of America, LLC
|
Investments
|
Life Investors Alliance LLC
|
Delaware
|
Sole Member - Transamerica Life Insurance Company
|
Purchase, own, and hold the equity interest of other entities
|
LIHTC Fund XLV, LLC
|
Delaware
|
Non-Member Manager: Garnet Community Investments XLV, LLC (0%)
|
Investments
|
LIICA Holdings, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
To form and capitalize LIICA Re I, Inc.
|
LIICA Re I, Inc.
|
Vermont
|
100% LIICA Holdings, LLC
|
Captive insurance company
|
LIICA Re II, Inc.
|
Vermont
|
100% Transamerica Life Insurance Company
|
Captive insurance company
|
Massachusetts Fidelity Trust Company
|
Iowa
|
100% AUSA Holding, LLC
|
Trust company
|
Mitigation Manager, LLC
|
Delaware
|
100% Investors Warranty of America, LLC
|
Investments
|
MLIC Re I, Inc.
|
Vermont
|
100% Transamerica Life Insurance Company
|
Captive insurance company
|
Money Services, Inc.
|
Delaware
|
100% AUSA Holding, LLC
|
Provides financial counseling for employees and agents of affiliated companies
|
Monumental Financial Services, Inc.
|
Maryland
|
100% Transamerica Corporation
|
DBA in the State of West Virginia for United Financial Services, Inc.
|
Monumental General Administrators, Inc.
|
Maryland
|
100% AUSA Holding, LLC
|
Provides management services to unaffiliated third party administrator
|
nVISION Financial, Inc.
|
Iowa
|
100% AUSA Holding, LLC
|
Special-purpose subsidiary
|
New Markets Community Investment Fund, LLC
|
Iowa
|
50% AEGON Institutional Markets, Inc.; 50% AEGON USA Realty Advisors, Inc.
|
Community development entity
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Oncor Insurance Services, LLC
|
Iowa
|
Sole Member - Life Investors Financial Group, Inc.
|
Direct sales of term life insurance
|
Pearl Holdings, Inc. I
|
Delaware
|
100% AEGON USA Asset Management Holding, LLC
|
Holding company
|
Pearl Holdings, Inc. II
|
Delaware
|
100% AEGON USA Asset Management Holding, LLC
|
Holding company
|
Peoples Benefit Services, LLC
|
Pennsylvania
|
Sole Member - Transamerica Life Insurance Company
|
Special-purpose subsidiary
|
Pine Falls Re, Inc.
|
Vermont
|
100% Transamerica Life Insurance Company
|
Captive insurance company
|
Primus Guaranty, Ltd.
|
Bermuda
|
Members: Transamerica Life Insurance Company (20% 13.1%) and non-affiliates of AEGON and the public holders own the remainder.
|
Provides protection from default risk of investment grade corporate and sovereign issues of financial obligations.
|
PSL Acquisitions Operating, LLC
|
Iowa
|
Sole Member: Investors Warranty of America, LLC
|
Owner of Core subsidiary entities
|
RCC North America LLC
|
Delaware
|
100% Transamerica Corporation
|
Real estate
|
Real Estate Alternatives Portfolio 1 LLC
|
Delaware
|
Members: Transamerica Life Insurance Company (90.96%); Transamerica Premier Life Insurance Company (6.30%); Transamerica Financial Life Insurance Company (2.74%). Manager: AEGON USA Realty Advisors, Inc.
|
Real estate alternatives investment
|
Real Estate Alternatives Portfolio 2 LLC
|
Delaware
|
Members are: Transamerica Life Insurance Company (92.%); Transamerica Financial Life Insurance Company (7.5%). Manager: AEGON USA Realty Advisors, Inc.
|
Real estate alternatives investment
|
Real Estate Alternatives Portfolio 3 LLC
|
Delaware
|
Members are: Transamerica Life Insurance Company (74.4%
|
Real estate alternatives investment
|
Real Estate Alternatives Portfolio 3A, Inc.
|
Delaware
|
Members: Transamerica Premier Life Insurance Company (37%); Transamerica Financial Life Insurance Company (9.4%); Transamerica Life Insurance Company (53.6%).
|
Real estate alternatives investment
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Real Estate Alternatives Portfolio 4 HR, LLC
|
Delaware
|
Members are: Transamerica Life Insurance Company (64%); Transamerica Premier Life Insurance Company (32%); Transamerica Financial Life Insurance Company (4%). Manager: AEGON USA Realty Advisors, Inc.
|
Investment vehicle for alternative real estate investments that are established annually for our affiliated companies common investment
|
Real Estate Alternatives Portfolio 4 MR, LLC
|
Delaware
|
Members are: Transamerica Life Insurance Company (64%); Transamerica Premier Life Insurance Company (32%); Transamerica Financial Life Insurance Company (4%). Manager: AEGON USA Realty Advisors, Inc.
|
Investment vehicle for alternative real estate investments that are established annually for our affiliated companies common investment
|
River Ridge Insurance Company
|
Vermont
|
100% AEGON Management Company
|
Captive insurance company
|
SB Frazer Owner, LLC
|
Delaware
|
100% Transamerica Life Insurance Company
|
Investments
|
Second FGP LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
Seventh FGP LLC
|
Delaware
|
100% FGH USA LLC
|
Real estate
|
Short Hills Management Company
|
New Jersey
|
100% Transamerica Corporation
|
Dormant
|
Southwest Equity Life Insurance Company
|
Arizona
|
Voting common stock is allocated 75% of total cumulative vote - Transamerica Corporation. Participating Common stock (100% owned by non-AEGON shareholders) is allocated 25% of total cumulative vote.
|
Insurance
|
St. Lucie West Development Company, LLC
|
Florida
|
Sole Member - PSL Acquisitions Operating, LLC
|
Development company
|
Stonebridge Benefit Services, Inc.
|
Delaware
|
100% Commonwealth General Corporation
|
Health discount plan
|
Stonebridge Reinsurance Company
|
Vermont
|
100% Transamerica Life Insurance Company
|
Captive insurance company
|
TAH-MCD IV, LLC
|
Iowa
|
Sole Member - Transamerica Affordable housing, Inc.
|
Serve as the general partner for McDonald Corporate Tax Credit Fund IV Limited Partnership.
|
TAH Pentagon Funds, LLC
|
Iowa
|
Sole Member - Transamerica Affordable housing, Inc.
|
Serve as a general partner in a lower-tier tax credit entity
|
TAHP Fund 1, LLC
|
Delaware
|
Sole Member
|
Real estate investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
TAHP Fund 2, LLC
|
Delaware
|
Sole Member - Garnet LIHTC Fund VIII, LLC
|
Low incoming housing tax credit
|
TAHP Fund VII, LLC
|
Delaware
|
Investor Member: Garnet LIHTC Fund XIX, LLC
|
Real estate investments
|
TCF Asset Management Corporation
|
Colorado
|
100% TCFC Asset Holdings, Inc.
|
A depository for foreclosed real and personal property.
|
TCFC Air Holdings, Inc.
|
Delaware
|
100% Transamerica Commercial Finance Corporation, I
|
Holding company
|
TCFC Asset Holdings, Inc.
|
Delaware
|
100% Transamerica Commercial Finance Corporation, I
|
Holding company
|
The AEGON Trust Advisory Board: Mark W. Mullin, Alexander R. Wynaendts, and Jay Orlandi
|
Delaware
|
100% AEGON International B.V.
|
Voting Trust
|
THH Acquisitions, LLC
|
Iowa
|
Sole Member - Investors Warranty of America, LLC
|
Acquirer of Core South Carolina mortgage loans from Investors Warranty of America, LLC and holder of foreclosed real estate.
|
TIHI Canada Holding, LLC
|
Iowa
|
Sole Member - Commonwealth General Corporation
|
Holding company
|
TLIC Oakbrook Reinsurance, Inc.
|
Iowa
|
100% Transamerica Life Insurance Company
|
Limited purpose subsidiary life insurance company
|
TLIC Riverwood Reinsurance, Inc.
|
Iowa
|
100% Transamerica Life Insurance Company
|
Limited purpose subsidiary life insurance company
|
Tradition Development Company, LLC
|
Florida
|
Sole Member - PSL Acquisitions Operating, LLC
|
Development company
|
Tradition Irrigation Company, LLC
|
Florida
|
Sole Member - PSL Acquisitions Operating, LLC
|
Irrigation company
|
Tradition Land Company, LLC
|
Iowa
|
Sole Member: Investors Warranty of America, LLC
|
Acquirer of Core Florida mortgage loans from Investors Warranty and holder of foreclosed real estate.
|
Transamerica Accounts Holding Corporation
|
Delaware
|
100% TCFC Asset Holdings, Inc.
|
Holding company
|
Transamerica Advisors Life Insurance Company
|
Arkansas
|
100% Transamerica Corporation
|
Insurance company
|
Transamerica Affinity Marketing Corretora de Seguros Ltda.
|
Brazil
|
749,000 quota shares owned by AEGON DMS Holding B.V.; 1 quota share owned by AEGON International B.V.
|
Brokerage company
|
Transamerica Affinity Services, Inc.
|
Maryland
|
100% AEGON Direct Marketing Services, Inc.
|
Marketing company
|
Transamerica Affordable housing, Inc.
|
California
|
100% Transamerica Realty Services, LLC
|
General partner LHTC Partnership
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Transamerica Agency Network, Inc.
|
Iowa
|
100% AUSA Holding, LLC
|
Special purpose subsidiary
|
Transamerica Annuity Service Corporation
|
New Mexico
|
100% Commonwealth General Corporation
|
Performs services required for structured settlements
|
Transamerica Asset Management, Inc.
|
Florida
|
Transamerica Premier Life Insurance Company owns 77%; AUSA Holding, LLC owns 23%.
|
Fund advisor
|
Transamerica Aviation LLC
|
Delaware
|
100% TCFC Air Holdings, Inc.
|
Special purpose corporation
|
Transamerica (Bermuda) Services Center, Ltd.
|
Bermuda
|
100% AEGON International B.V.
|
Special purpose corporation
|
Transamerica Capital, Inc.
|
California
|
100% AUSA Holding, LLC
|
Broker/Dealer
|
Transamerica Casualty Insurance Company
|
Ohio
|
100% Transamerica Corporation
|
Insurance company
|
Transamerica Commercial Finance Corporation, I
|
Delaware
|
100% Transamerica Finance Corporation
|
Holding company
|
Transamerica Consumer Finance Holding Company
|
Delaware
|
100% TCFC Asset Holdings, Inc.
|
Consumer finance holding company
|
Transamerica Corporation
|
Delaware
|
100% The AEGON Trust
|
Major interest in insurance and finance
|
Transamerica Corporation
|
Oregon
|
100% Transamerica Corporation
|
Holding company
|
Transamerica Distribution Finance - Overseas, Inc.
|
Delaware
|
100% TCFC Asset Holdings, Inc.
|
Commercial Finance
|
Transamerica Finance Corporation
|
Delaware
|
100% Transamerica Corporation
|
Commercial & Consumer Lending & equipment leasing
|
Transamerica Financial Advisors, Inc.
|
Delaware
|
1,000 shares owned by AUSA Holding, LLC; 209 shares owned by Commonwealth General Corporation;
|
Broker/Dealer
|
Transamerica Financial Life Insurance Company
|
New York
|
88% Transamerica Corporation; 12% Transamerica Life Insurance Company
|
Insurance
|
Transamerica Fund Services, Inc.
|
Florida
|
Transamerica Premier Life Insurance Company owns 44%; AUSA Holding, LLC owns 56%
|
Mutual fund
|
Transamerica Funding LP
|
U.K.
|
99% Transamerica Leasing Holdings, Inc.; 1% Transamerica Commercial Finance Corporation, I
|
Intermodal leasing
|
Transamerica Home Loan
|
California
|
100% Transamerica Consumer Finance Holding Company
|
Consumer mortgages
|
Transamerica Insurance Marketing Asia Pacific Pty Ltd.
|
Australia
|
100% Transamerica Direct Marketing Asia Pacific Pty Ltd.
|
Insurance intermediary
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Transamerica International Direct Marketing Consultants, LLC
|
Maryland
|
51% Hugh J. McAdorey; 49% AEGON Direct Marketing Services, Inc.
|
Provide consulting services ancillary to the marketing of insurance products overseas.
|
Transamerica International RE (Bermuda) Ltd.
|
Bermuda
|
100% Transamerica Corporation
|
Reinsurance
|
Transamerica International Re Escritório de Representação no Brasil Ltd
|
Brazil
|
95% Transamerica International Re(Bermuda) Ltd.; 5% Commonwealth General Corporation
|
Insurance and reinsurance consulting
|
Transamerica Investment Management, LLC
|
Delaware
|
Sole Member - AEGON USA Asset Management Holding, LLC
|
Investment advisor
|
Transamerica Investors Securities Corporation
|
Delaware
|
100% Transamerica Retirement Solutions, LLC
|
Broker/Dealer
|
Transamerica Leasing Holdings Inc.
|
Delaware
|
100% Transamerica Finance Corporation
|
Holding company
|
Transamerica Life Insurance Company
|
Iowa
|
100% - Commonwealth General Corporation
|
Insurance
|
Transamerica Life (Bermuda) Ltd.
|
Bermuda
|
100% Transamerica Life Insurance Company
|
Long-term life insurer in Bermuda - - will primarily write fixed universal life and term insurance
|
Transamerica Pacific Insurance Company, Ltd.
|
Hawaii
|
100% Commonwealth General Corporation
|
Life insurance
|
Transamerica Premier Life Insurance Company
|
Iowa
|
100% Commonwealth General Corporation
|
Insurance Company
|
Transamerica Pyramid Properties LLC
|
Iowa
|
100% Transamerica Premier Life Insurance Company
|
Realty limited liability company
|
Transamerica Realty Investment Properties LLC
|
Delaware
|
100% Transamerica Premier Life Insurance Company
|
Realty limited liability company
|
TABR Realty Services, LLC
|
Delaware
|
AUSA Holding, LLC - sole Member
|
Real estate investments
|
Transamerica Resources, Inc.
|
Maryland
|
100% Monumental General Administrators, Inc.
|
Provides education and information regarding retirement and economic issues.
|
Transamerica Retirement Advisors, LLC
|
Delaware
|
100% Transamerica Retirement Solutions, LLC
|
Investment advisor
|
Transamerica Retirement Insurance Agency, LLC
|
Delaware
|
100% Transamerica Retirement Solutions, LLC
|
Conduct business as an insurance agency.
|
Transamerica Retirement Solutions, LLC
|
Delaware
|
100% AUSA Holding, LLC
|
Retirement plan services.
|
Transamerica Small Business Capital, Inc.
|
Delaware
|
100% TCFC Asset Holdings, Inc.
|
Holding company
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Transamerica Stable Value Solutions Inc.
|
Delaware
|
100% Commonwealth General Corporation
|
Principle Business: Provides management services to the stable value division of AEGON insurers who issue synthetic GIC contracts.
|
Transamerica Travel and Conference Services, LLC
|
Iowa
|
100% Money Services, Inc.
|
Travel and conference services
|
Transamerica Vendor Financial Services Corporation
|
Delaware
|
100% TCFC Asset Holdings, Inc.
|
Provides commercial leasing
|
Transamerica Ventures, LLC
|
Delaware
|
100% AUSA Holding, LLC
|
Investments
|
Transamerica Ventures Fund, LLC
|
Delaware
|
100% AUSA Holding, LLC
|
Investments
|
United Financial Services, Inc.
|
Maryland
|
100% Transamerica Corporation
|
General agency
|
Universal Benefits, LLC
|
Iowa
|
100% AUSA Holding, LLC
|
Third party administrator
|
WFG China Holdings, Inc.
|
Delaware
|
100% World Financial Group, Inc.
|
Hold interest in Insurance Agency located in Peoples Republic of China
|
WFG Insurance Agency of Puerto Rico, Inc.
|
Puerto Rico
|
100% World Financial Group Insurance Agency, Inc.
|
Insurance agency
|
WFG Properties Holdings, LLC
|
Georgia
|
100% World Financial Group, Inc.
|
Marketing
|
WFG Reinsurance Limited
|
Bermuda
|
51% owned by World Financial Group, Inc.; remaining 49% is annually offered to independent contractors associated with WFG Reinsurance Ltd.
|
Reinsurance
|
WFG Securities Inc.
|
Canada
|
100% World Financial Group Holding Company of Canada, Inc.
|
Mutual fund dealer
|
World Financial Group Canada Inc.
|
Canada
|
100% World Financial Group Holding Company of Canada Inc.
|
Marketing
|
World Financial Group Holding Company of Canada Inc.
|
Canada
|
100% Commonwealth General Corporation
|
Holding company
|
World Financial Group, Inc.
|
Delaware
|
100% AEGON Asset Management Services, Inc.
|
Marketing
|
World Financial Group Insurance Agency of Canada Inc.
|
Ontario
|
50% World Financial Group Holding Co. of Canada Inc.; 50% World Financial Group Subholding Co. of Canada Inc.
|
Insurance agency
|
World Financial Group Insurance Agency of Hawaii, Inc.
|
Hawaii
|
100% World Financial Group Insurance Agency, Inc.
|
Insurance agency
|
World Financial Group Insurance Agency of Massachusetts, Inc.
|
Massachusetts
|
100% World Financial Group Insurance Agency, Inc.
|
Insurance agency
|
World Financial Group Insurance Agency of Wyoming, Inc.
|
Wyoming
|
100% World Financial Group Insurance Agency, Inc.
|
Insurance agency
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
World Financial Group Insurance Agency, Inc.
|
California
|
100% Transamerica Premier Life Insurance Company
|
Insurance agency
|
World Financial Group Subholding Company of Canada Inc.
|
Canada
|
100% World Financial Group Holding Company of Canada, Inc.
|
Holding company
|
Yarra Rapids, LLC
|
Delaware
|
Members are: Real Estate Alternatives Portfolio 4MR, LLC (49%) and non-AEGON affiliate (51%)
|
Real estate investments
|
Zahorik Company, Inc.
|
California
|
100% AUSA Holding, LLC
|
Inactive
|
Zero Beta Fund, LLC
|
Delaware
|
Members are: Transamerica Life Insurance Company (74.22%
|
Aggregating vehicle formed to hold various fund investments.
|
Name
|
Principal
Business Address
|
Position and Offices with Underwriter
|
William McCauley
|
( 6 )
|
Director and Vice President
|
David W. Hopewell
|
(2)
|
Director
|
David R. Paulsen
|
(1)
|
Director, Chief Executive Officer , President and Chief Sales Officer
|
Blake S. Bostwick
|
(1)
|
Chief Marketing Officer and Chief Operations Officer
|
Rick B. Resnik
|
(3)
|
Chief Compliance Officer
|
Bonnie Howe
|
( 1 )
|
Vice President
|
Alison Ryan
|
(4)
|
Vice President and Assistant Secretary
|
Ayla Nazli
|
(4)
|
Assistant Secretary
|
Amy Angle
|
(5)
|
Assistant Vice President
|
Brenda L. Smith
|
(1)
|
Assistant Vice President
|
|
||
Arthur D. Woods
|
(6)
|
Assistant Vice President
|
Marc Cahn
|
(3)
|
Secretary
|
Jeffrey T. McGlaun
|
(5)
|
Assistant Treasurer
|
C. Michiel Van Katwijk
|
(5)
|
Treasurer
|
Name of Principal Underwriter
|
Net Underwriting
Discounts and
Commissions(1)
|
Compensation on Events Occasioning the Deduction of A Deferred Sales Load
|
Brokerage Commissions
|
Other
Compensation
|
Transamerica Capital, Inc.
|
$0
|
0
|
$ 0
|
0
|
WRL SERIES LIFE ACCOUNT
(Registrant)
|
|
Transamerica Premier Life Insurance Company
(Depositor)
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By: Blake S. Bostwick
|
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Chairman of the Board, Chief Executive Officer & President
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|
of Transamerica Premier Life Insurance Company
|
Mark W. Mullin*
Mark W. Mullin
|
Director
|
Blake S. Bostwick*
Blake S. Bostwick
|
Director, Chairman of the Board, Chief Executive Officer and President
|
Jason Orlandi*
Jason Orlandi
|
Director, Senior Vice President, Secretary and General Counsel
|
C. Michiel van Katwijk*
C. Michiel van Katwijk
|
Director, Chief Financial Officer,
Senior Vice President and Treasurer
|
Eric J. Martin*
Eric J. Martin
|
Senior Vice President and Corporate
Controller
|
s/ Arthur D. Woods
*By: Arthur D. Woods
|
Vice President and Senior Counsel
|
Exhibit Index
|
|
Exhibit
No.
|
Description
of Exhibit
|
26(k)(i)
|
Legal Opinion & Consent of Arthur D. Woods, Esq.
|
26(l)(i)
|
Actuarial Opinion and Consent of Randall C. Wright
|
26(k)(i)
|
Written Consent of PricewaterhouseCoopers LLP
|
26(n)(i)
|
Written Consent of Ernst & Young LLP
|
1.
|
Transamerica Premier Life Insurance Company has been duly organized under the laws of the State of Iowa and is a validly existing corporation.
|
|
2.
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The Separate Account has been duly created and validly exists as a separate account pursuant to Iowa Insurance Law.
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3.
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Iowa Insurance Law Section 508A.1 provides that the portion of the assets of any such separate account equal to the reserves and other policy liabilities with respect to such separate account shall not be chargeable with liabilities arising out of any other business Transamerica Premier Life Insurance Company may conduct.
|
|
4.
|
The Policies, when issued as contemplated by the Registration Statement, are legal and binding obligations of Transamerica Premier Life Insurance Company in accordance with their terms.
|
Very truly yours,
|
/s/ Arthur D. Woods
|
Arthur D. Woods, Esq.
Vice President and Senior Counsel
|
1)
|
the illustrations of death benefits, cash values, and net surrender values included in the Prospectus are consistent with the provisions of the Policy;
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2)
|
the rate structure of the Policy has not been designed, and the assumptions for the illustrations (including sex, age, rating classification, and premium amount and payment schedule) have not been selected, so as to make the relationship between premiums and benefits, as shown in the illustrations, appear to be materially more favorable than for other prospective purchasers with different assumptions; and
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3)
|
the illustrations represent a rating classification, premium payment amount, and issue age that are fairly representative of Policies sold.
|