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
|
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
|
2
|
Additional Information
|
3
|
Additional Information about Transamerica Premier and the Separate Account
|
3
|
Variations in Policy Provisions
|
3
|
Personalized Illustrations of Policy Benefits
|
3
|
Distribution of the Policies
|
4
|
Reports to Owners
|
4
|
Records
|
4
|
Independent Registered Public Accounting Firm
|
4
|
Underwriters
|
5
|
Underwriting Standards
|
5
|
Transamerica Premier's Published Ratings
|
5
|
Index to Financial Statements
|
5
|
WRL Series Life Account Financials
|
S-1
|
Transamerica Premier Audited Financials
|
G-1
|
Changing the Owner
|
·
|
Change the owner by providing written notice to us 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.
|
>
|
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
|
·
|
ultimate select, non-tobacco use;
|
·
|
select, non-tobacco use;
|
·
|
ultimate standard, tobacco use;
|
·
|
standard, tobacco use; and
|
·
|
juveniles – under 18.
|
December 31
|
||
2016
|
2015
|
|
Admitted assets
|
||
Cash and invested assets:
|
||
Cash, cash equivalents and short-term investments
|
$ 1,208,373
|
$ 883,173
|
Bonds
|
13,230,216
|
14,471,372
|
Preferred stocks
|
10,449
|
6,428
|
Common stocks:
|
||
Affiliated entities (cost: 2016 - $56,261;
|
||
2015 - $58,942)
|
40,104
|
61,610
|
Unaffiliated entities (cost: 2016 - $73,118;
|
||
2015 - $26,652)
|
111,964
|
50,528
|
Mortgage loans on real estate
|
1,598,685
|
1,687,756
|
Real estate, at cost less accumulated depreciation
|
||
(2016 - $17,462; 2015 - $43,305):
|
||
Home office properties
|
24,782
|
25,799
|
Investment properties
|
194,408
|
191,248
|
Properties held for sale
|
7,498
|
10,264
|
Policy loans
|
926,400
|
925,179
|
Securities lending reinvested collateral assets
|
425,875
|
354,051
|
Derivatives
|
33,358
|
42,568
|
Other invested assets
|
650,134
|
649,193
|
Total cash and invested assets
|
$ 18,462,244
|
$ 19,359,169
|
Accrued investment income
|
$ 176,993
|
$ 185,526
|
Cash surrender value of life insurance policies
|
165,912
|
162,440
|
Premiums deferred and uncollected
|
187,663
|
194,807
|
Current federal income tax recoverable
|
5,918
|
16,936
|
Net deferred income tax asset
|
315,217
|
337,506
|
Reinsurance receivable
|
12,160
|
18,278
|
Other assets
|
52,419
|
54,905
|
Separate account assets
|
22,102,315
|
21,319,849
|
Total admitted assets
|
$ 41,480,842
|
$ 41,649,416
|
December 31
|
December 31
|
|
2016
|
2015
|
|
Liabilities and capital and surplus
|
||
Liabilities:
|
||
Aggregate reserves for policies and contracts:
|
||
Life
|
$ 8,422,870
|
$ 7,924,978
|
Annuity
|
3,344,133
|
3,363,955
|
Accident and health
|
1,043,778
|
977,785
|
Policy and contract claim reserves:
|
||
Life
|
115,137
|
136,059
|
Accident and health
|
128,651
|
130,605
|
Liability for deposit-type contracts
|
1,063,250
|
639,671
|
Other policyholders' funds
|
10,351
|
14,950
|
Funds held under reinsurance treaties
|
628,416
|
4,020,771
|
Commissions to agents due or accrued
|
62,387
|
49,414
|
Transfers from separate accounts due or accrued
|
(75,107)
|
(105,612)
|
Unearned investment income
|
16,339
|
14,668
|
Remittances and items not allocated
|
13,631
|
49,061
|
Asset valuation reserve
|
225,467
|
270,586
|
Interest maintenance reserve
|
278,692
|
283,137
|
Derivatives
|
53,051
|
22,768
|
Payable for derivative cash collateral
|
335,230
|
309,456
|
Payable for securities
|
90,247
|
3,298
|
Payable for securities lending
|
425,875
|
354,051
|
Borrowed money
|
1,346,634
|
161,834
|
Payable to parent, subsidiaries and affiliates
|
64,869
|
83,509
|
Other liabilities
|
106,949
|
116,645
|
Separate account liabilities
|
22,102,315
|
21,319,849
|
Total liabilities
|
39,803,165
|
40,141,438
|
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
|
710,132
|
710,379
|
Special Surplus Funds
|
2,105
|
2,158
|
Unassigned surplus
|
795,303
|
625,304
|
Total capital and surplus
|
1,677,677
|
1,507,978
|
Total liabilities and capital and surplus
|
$ 41,480,842
|
$ 41,649,416
|
Year Ended December 31
|
|||
2016
|
2015
|
2014
|
|
Revenues:
|
|||
Premiums and other considerations, net of reinsurance:
|
|||
Life
|
$ 1,328,402
|
$ 1,217,027
|
$ 998,356
|
Annuity
|
764,576
|
778,135
|
755,165
|
Accident and health
|
1,182,595
|
1,123,016
|
4,583,806
|
Net investment income
|
884,585
|
840,834
|
825,970
|
Amortization of interest maintenance reserve
|
25,293
|
24,668
|
24,763
|
Commissions and expense allowances on reinsurance
|
|||
ceded
|
158,779
|
162,538
|
46,416
|
Income from fees associated with investment management,
|
|||
administration and contract guarantees
|
|||
for separate accounts
|
303,084
|
318,664
|
329,455
|
Reserve adjustment on reinsurance ceded
|
(180,319)
|
(397,377)
|
(272,265)
|
Consideration on reinsurance transaction
|
133,475
|
329
|
54,150
|
Other income
|
29,766
|
53,238
|
45,989
|
4,630,236
|
4,121,072
|
7,391,805
|
|
Benefits and expenses:
|
|||
Benefits paid or provided for:
|
|||
Life
|
301,455
|
284,437
|
294,262
|
Accident and health
|
813,565
|
732,800
|
307,628
|
Annuity benefits
|
376,323
|
344,697
|
327,261
|
Surrender benefits
|
1,001,765
|
1,110,799
|
1,233,336
|
Other benefits
|
86,728
|
75,448
|
96,032
|
Increase (decrease) in aggregate reserves for policies
|
|||
and contracts:
|
|||
Life
|
497,892
|
357,155
|
217,907
|
Annuity
|
(14,166)
|
(296,314)
|
(166,726)
|
Accident and health
|
65,993
|
90,920
|
(68,891)
|
3,129,555
|
2,699,942
|
2,240,810
|
|
Insurance expenses:
|
|||
Commissions
|
858,430
|
828,793
|
467,288
|
General insurance expenses
|
318,938
|
332,879
|
297,889
|
Taxes, licenses and fees
|
60,229
|
54,384
|
59,097
|
Net transfers from separate accounts
|
(214,499)
|
(228,324)
|
(296,321)
|
Reinsurance transaction - modco reserve
|
|||
adjustment on reinsurance assumed
|
9,233
|
13,925
|
3,914,522
|
IMR adjustment due to reinsurance
|
(55,837)
|
–
|
–
|
Funds withheld ceded investment income
|
149,017
|
155,888
|
150,424
|
Other expenses
|
9,456
|
57,343
|
25,632
|
1,134,968
|
1,214,888
|
4,618,531
|
|
Total benefits and expenses
|
4,264,522
|
3,914,830
|
6,859,341
|
Year Ended December 31
|
|||
2016
|
2015
|
2014
|
|
Dividends to policyholders
|
$ 1,088
|
$ 1,134
|
$ 1,255
|
Gain from operations before federal income tax (benefit) expense
|
|||
and net realized capital (losses) gains on investments
|
364,625
|
205,108
|
531,209
|
Federal income tax (benefit) expense
|
14,355
|
(29,748)
|
196,140
|
Gain from operations before net realized capital
|
|||
(losses) gains on investments
|
350,270
|
234,856
|
335,069
|
Net realized capital (losses) gains on investments (net of related
|
|||
federal income taxes and amounts transferred to/from
|
|||
interest maintenance reserve)
|
(11,391)
|
(21,032)
|
15,662
|
Net income
|
$ 338,879
|
$ 213,824
|
$ 350,731
|
See accompanying notes.
|
Class A
|
Class B
|
Total
|
|||||
Common
|
Common
|
Surplus
|
Special
|
Paid-in
|
Unassigned
|
Capital and
|
|
Stock
|
Stock
|
Notes
|
Surplus Funds
|
Surplus
|
Surplus
|
Surplus
|
|
Balance at January 1, 2014
|
$ 7,364
|
$ 2,773
|
$ 160,000
|
$ –
|
$ 909,326
|
$ 297,209
|
$ 1,376,672
|
Net Income (loss)
|
–
|
–
|
–
|
–
|
–
|
350,731
|
350,731
|
Change in net unrealized capital gains/losses,
|
|||||||
net of taxes
|
–
|
–
|
–
|
–
|
–
|
(83,256)
|
(83,256)
|
Change in net deferred income tax asset
|
–
|
–
|
–
|
–
|
–
|
(23,947)
|
(23,947)
|
Change in nonadmitted assets
|
–
|
–
|
–
|
–
|
–
|
(58,865)
|
(58,865)
|
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)
|
Other changes, net
|
–
|
–
|
–
|
2,573
|
719
|
(22,132)
|
(18,840)
|
Balance at December 31, 2014
|
$ 7,364
|
$ 2,773
|
$ 160,000
|
$ 2,573
|
$ 910,045
|
$ 691,950
|
$ 1,774,705
|
Net income (loss)
|
–
|
–
|
–
|
–
|
–
|
213,824
|
213,824
|
Change in net unrealized capital gains/losses,
|
|||||||
net of taxes
|
–
|
–
|
–
|
–
|
–
|
(12,492)
|
(12,492)
|
Change in net deferred income tax asset
|
–
|
–
|
–
|
–
|
–
|
121,924
|
121,924
|
Change in nonadmitted assets
|
–
|
–
|
–
|
–
|
–
|
(70,668)
|
(70,668)
|
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
|
Return of capital
|
–
|
–
|
–
|
–
|
(200,000)
|
–
|
(200,000)
|
Other changes, net
|
–
|
–
|
–
|
(415)
|
334
|
(10,548)
|
(10,629)
|
Balance at December 31, 2015
|
$ 7,364
|
$ 2,773
|
$ 160,000
|
$ 2,158
|
$ 710,379
|
$ 625,304
|
$ 1,507,978
|
Class A
|
Class B
|
Total
|
|||||
Common
|
Common
|
Surplus
|
Special
|
Paid-in
|
Unassigned
|
Capital and
|
|
Stock
|
Stock
|
Notes
|
Surplus Funds
|
Surplus
|
Surplus
|
Surplus
|
|
Balance at January 1, 2016
|
$ 7,364
|
$ 2,773
|
$ 160,000
|
$ 2,158
|
$ 710,379
|
$ 625,304
|
$ 1,507,978
|
Net income (loss)
|
–
|
–
|
–
|
–
|
–
|
338,879
|
$ 338,879
|
Change in net unrealized capital gains/losses,
|
|||||||
net of tax
|
–
|
–
|
–
|
–
|
–
|
(16,737)
|
$ (16,737)
|
Change in net deferred income tax asset
|
–
|
–
|
–
|
–
|
–
|
(42,535)
|
$ (42,535)
|
Change in other nonadmitted assets
|
–
|
–
|
–
|
–
|
–
|
46,683
|
$ 46,683
|
Change in asset valuation reserve
|
–
|
–
|
–
|
–
|
–
|
45,119
|
$ 45,119
|
Change in surplus as a result of reinsurance
|
–
|
–
|
–
|
–
|
–
|
(73,924)
|
$ (73,924)
|
Dividend to Stockholders
|
–
|
–
|
–
|
–
|
–
|
(125,000)
|
$ (125,000)
|
Other changes, net
|
–
|
–
|
–
|
(53)
|
(248)
|
(2,485)
|
$ (2,785)
|
Balance at December 31, 2016
|
$ 7,364
|
$ 2,773
|
$ 160,000
|
$ 2,105
|
$ 710,131
|
$ 795,304
|
$ 1,677,677
|
See accompanying notes.
|
Year Ended December 31
|
|||
2016
|
2015
|
2014
|
|
Operating activities
|
|||
Premiums collected, net of reinsurance
|
$ 3,044,424
|
$ 3,130,025
|
$ 6,330,343
|
Net investment income
|
887,716
|
882,391
|
869,754
|
Miscellaneous income
|
365,830
|
257,013
|
244,597
|
Benefit and loss related payments
|
(2,603,139)
|
(2,600,351)
|
(2,291,355)
|
Net transfers from separate accounts
|
245,004
|
274,415
|
360,633
|
Commissions, expenses paid, and other deductions
|
(1,410,231)
|
(1,462,818)
|
(4,660,707)
|
Dividends paid to policyholders
|
(1,178)
|
(1,233)
|
(1,316)
|
Federal income taxes (paid) received
|
(12,516)
|
(132,592)
|
(83,769)
|
Net cash provided by operating activities
|
515,910
|
346,850
|
768,180
|
Investing activities
|
|||
Proceeds from investments sold, matured
|
|||
or repaid:
|
|||
Bonds
|
2,676,294
|
3,804,173
|
1,992,267
|
Stocks
|
6,453
|
53,689
|
3,662
|
Mortgage loans
|
209,326
|
586,271
|
206,081
|
Real estate and properties held for sale
|
7,206
|
1,804
|
4,082
|
Other invested assets
|
152,116
|
292,198
|
123,279
|
Securities lending reinvested collateral assets
|
–
|
–
|
114,129
|
Derivatives
|
217
|
–
|
37,103
|
Miscellaneous proceeds
|
97,866
|
8,614
|
165,730
|
Total investment proceeds
|
3,149,478
|
4,746,749
|
2,646,333
|
Costs of investments acquired:
|
|||
Bonds
|
(3,699,101)
|
(4,025,603)
|
(2,468,084)
|
Stocks
|
(54,630)
|
(887)
|
(31,395)
|
Mortgage loans
|
(353,355)
|
(377,635)
|
(339,734)
|
Real estate and properties held for sale
|
(13,146)
|
(2,332)
|
(7,116)
|
Other invested assets
|
(192,886)
|
(260,265)
|
(179,832)
|
Derivatives
|
–
|
(43,878)
|
–
|
Securities lending reinvested collateral assets
|
(71,824)
|
(57,705)
|
–
|
Miscellaneous applications
|
(1,062)
|
(84,014)
|
(173,295)
|
Total cost of investments acquired
|
(4,386,004)
|
(4,852,319)
|
(3,199,456)
|
Net increase in policy loans
|
(1,221)
|
(2,210)
|
(9,620)
|
Net cost of investments acquired
|
(4,387,225)
|
(4,854,529)
|
(3,209,076)
|
Net cash provided by (used in) investing activities
|
(1,237,747)
|
(107,781)
|
(562,743)
|
Year Ended December 31
|
|||
2016
|
2015
|
2014
|
|
Financing and miscellaneous activities
|
|||
Net withdrawals on deposit-type contracts and other
|
|||
insurance liabilities
|
$ (171,072)
|
$ (44,010)
|
$ (1,007,531)
|
Change in:
|
|||
Reinsurance on deposit-type contracts and other
|
|||
insurance liabilities
|
113,696
|
(3,437)
|
995,438
|
Borrowed funds
|
1,184,168
|
(129,114)
|
210,207
|
Funds held under reinsurance treaties
|
|||
with unauthorized reinsurers
|
6,316
|
(32,215)
|
(489,686)
|
Receivable from parent, subsidiaries and
|
|||
affiliates
|
-
|
80,661
|
(3,694)
|
Payable to parent, subsidiaries and affiliates
|
(18,640)
|
82,899
|
610
|
Payable for securities lending
|
71,824
|
57,705
|
114,129
|
Other cash (applied) provided
|
(14,007)
|
81,729
|
(29,494)
|
Dividends to stockholders
|
(125,000)
|
–
|
(50,000)
|
Capital contribution received (provided)
|
(248)
|
(200,000)
|
135,000
|
Net cash used in financing and
|
|||
miscellaneous activities
|
1,047,037
|
(105,782)
|
(125,021)
|
Net increase (decrease) in cash, cash
|
|||
equivalents and short-term investments
|
325,200
|
133,287
|
80,416
|
Cash, cash equivalents and short-term
|
|||
investments:
|
|||
Beginning of year
|
883,173
|
749,886
|
669,470
|
End of year
|
$ 1,208,373
|
$ 883,173
|
$ 749,886
|
See accompanying notes.
|
|||
Unpaid Claims
|
||||
Liability
|
Unpaid Claims
|
|||
Beginning
|
Claims
|
Claims
|
Liability End
|
|
of Year
|
Incurred
|
Paid
|
of Year
|
|
Year ended December 31, 2016
|
||||
2016
|
$ -
|
$ 465,317
|
$ 310,609
|
$ 154,708
|
2015 and prior
|
287,935
|
347,625
|
504,911
|
130,649
|
287,935
|
$ 812,942
|
$ 815,520
|
285,357
|
|
Active life reserve
|
820,456
|
887,071
|
||
Total accident and health
|
||||
reserves
|
$ 1,108,391
|
$ 1,172,428
|
||
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
|
||
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
|
||||||
2016
|
||||||
Estimated
Fair Value
|
Admitted Assets
|
(Level 1)
|
(Level 2)
|
(Level 3)
|
||
Admitted assets
|
||||||
Cash equivalents and short-term
|
||||||
investments, other than affiliates
|
$ 1,184,092
|
$ 1,184,092
|
$ –
|
$ 1,184,092
|
$ –
|
|
Short-term notes receivable from affiliates
|
74,100
|
74,100
|
–
|
74,100
|
–
|
|
Bonds
|
14,424,146
|
13,230,216
|
2,055,240
|
12,054,988
|
313,918
|
|
Preferred stocks, other than affiliates
|
9,818
|
10,449
|
–
|
2,491
|
7,327
|
|
Common stocks, other than affiliates
|
111,964
|
111,964
|
2
|
68
|
111,894
|
|
Mortgage loans on real estate
|
1,612,868
|
1,598,685
|
–
|
–
|
1,612,868
|
|
Other invested assets
|
118,128
|
108,433
|
–
|
115,229
|
2,899
|
|
Options
|
15,369
|
15,369
|
20
|
15,349
|
–
|
|
Interest rate swaps
|
13,767
|
7,206
|
–
|
13,767
|
–
|
|
Currency swaps
|
13,399
|
6,880
|
–
|
13,399
|
–
|
|
Credit default swaps
|
1,381
|
1,139
|
–
|
1,381
|
–
|
|
Equity swaps
|
2,764
|
2,764
|
–
|
2,764
|
–
|
|
Policy loans
|
926,400
|
926,400
|
–
|
926,400
|
–
|
|
Securities lending reinvested collateral
|
425,875
|
425,875
|
–
|
425,875
|
–
|
|
Receivable from parent, subsidiaries
|
||||||
and affiliates
|
–
|
–
|
–
|
–
|
–
|
|
Separate account assets
|
20,813,832
|
20,813,832
|
18,770,629
|
2,043,126
|
77
|
|
Liabilities
|
||||||
Investment contract liabilities
|
3,482,582
|
2,390,142
|
-
|
46,327
|
3,436,255
|
|
Interest rate swaps
|
(268,876)
|
21,383
|
–
|
(268,876)
|
–
|
|
Currency swaps
|
18,240
|
11,459
|
–
|
18,240
|
–
|
|
Credit default swaps
|
(943)
|
4,663
|
–
|
(943)
|
–
|
|
Equity swaps
|
15,545
|
15,545
|
–
|
15,545
|
–
|
|
Payable to parent, subsidiaries
|
||||||
and affiliates
|
–
|
64,869
|
–
|
64,869
|
–
|
|
Separate account annuity liabilities
|
18,772,441
|
18,772,441
|
460
|
18,771,981
|
–
|
|
Surplus notes
|
186,730
|
160,000
|
–
|
186,730
|
–
|
December 31
|
||||||
2015
|
||||||
Aggregate
Fair Value
|
Admitted Assets
|
(Level 1)
|
(Level 2)
|
(Level 3)
|
||
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
|
–
|
|
|||||||||
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||
Assets:
|
|||||||||
Bonds
|
|||||||||
Government
|
$ –
|
$ 749
|
$ –
|
$ 749
|
|||||
Industrial and miscellaneous
|
–
|
1,758
|
28,650
|
30,408
|
|||||
Total bonds
|
–
|
2,507
|
28,650
|
31,157
|
|||||
Preferred stock
|
|||||||||
Industrial and miscellaneous
|
–
|
–
|
7,326
|
7,326
|
|||||
Total preferred stock
|
–
|
–
|
7,326
|
7,326
|
|||||
Common stock
|
|||||||||
Mutual funds
|
–
|
68
|
–
|
68
|
|||||
Industrial and miscellaneous
|
2
|
–
|
111,894
|
111,896
|
|||||
Total common stock
|
2
|
68
|
111,894
|
111,964
|
|||||
Short-term
|
|||||||||
Government
|
–
|
219,445
|
–
|
219,445
|
|||||
Industrial and miscellaneous
|
–
|
962,775
|
–
|
962,775
|
|||||
Intercompany notes receivable
|
–
|
74,100
|
–
|
74,100
|
|||||
Sweep accounts
|
–
|
1,872
|
–
|
1,872
|
|||||
Total short-term
|
–
|
1,258,192
|
–
|
1,258,192
|
|||||
Securities lending reinvested collateral
|
–
|
425,875
|
–
|
425,875
|
|||||
Derivative assets
|
20
|
25,191
|
–
|
25,211
|
|||||
Separate account assets
|
(1,012,247)
|
2,043,126
|
77
|
1,030,956
|
|||||
Total assets
|
$ (1,012,225)
|
$ 3,754,959
|
$ 147,947
|
$ 2,890,681
|
|||||
Liabilities:
|
|||||||||
Derivative liabilities
|
$ –
|
$ 32,205
|
$ –
|
$ 32,205
|
|||||
Separate account liabilities
|
460
|
–
|
–
|
460
|
|||||
Total liabilities
|
$ 460
|
$ 32,205
|
$ –
|
$ 32,665
|
|
|||||||||
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
|
|||||
Industrial and miscellaneous
|
547
|
1
|
49,925
|
50,473
|
|||||
Total common stock
|
547
|
56
|
49,925
|
50,528
|
|||||
Short-term
|
|||||||||
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
|
Total Gains
|
Total Gains
|
||||
Balance at
|
Transfers
|
Transfers
|
and (Losses)
|
and (Losses)
|
|
January 1,
|
into
|
out of
|
Included in
|
Included in
|
|
2016
|
Level 3
|
Level 3
|
Net income (a)
|
Surplus (b)
|
|
Bonds
|
|||||
RMBS
|
$ 168
|
$ –
|
$ 167
|
$ (11)
|
$ 10
|
Other
|
27,944
|
–
|
2,580
|
(834)
|
8,711
|
Preferred stock
|
136
|
–
|
–
|
–
|
(232)
|
Common stock
|
49,925
|
–
|
–
|
–
|
14,969
|
Separate account assets
|
9,046
|
–
|
471
|
(7)
|
59,148
|
Total
|
$ 87,219
|
$ –
|
$ 3,218
|
$ (852)
|
$ 82,606
|
Balance at
|
|||||
December 31,
|
|||||
Purchases
|
Issuances
|
Sales
|
Settlements
|
2016
|
|
Bonds
|
|||||
RMBS
|
$ –
|
$ –
|
$ –
|
$ –
|
$ –
|
Other
|
–
|
–
|
–
|
4,591
|
28,650
|
Preferred stock
|
7,422
|
–
|
–
|
–
|
7,326
|
Common stock
|
46,996
|
–
|
–
|
(4)
|
111,894
|
Separate account assets
|
–
|
–
|
–
|
67,639
|
77
|
Total
|
$ 54,418
|
$ –
|
$ –
|
$ 72,226
|
$ 147,947
|
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
|
Gross
|
Gross
|
||||
Unrealized
|
Unrealized
|
||||
Gross
|
Losses 12
|
Losses less
|
Estimated
|
||
Carrying
|
Unrealized
|
Months or
|
Than 12
|
Fair
|
|
Amount
|
Gains
|
More
|
Months
|
Value
|
|
December 31, 2016
|
|||||
Unaffiliated bonds:
|
|||||
United States Government and
|
|||||
agencies
|
$ 1,844,826
|
$ 64,036
|
$ 1,303
|
$ 78,735
|
$ 1,828,824
|
State, municipal and other
|
|||||
government
|
471,784
|
36,529
|
900
|
7,486
|
499,927
|
Hybrid securities
|
158,787
|
7,790
|
12,956
|
633
|
152,988
|
Industrial and miscellaneous
|
8,702,769
|
1,176,570
|
42,404
|
38,902
|
9,798,034
|
Mortgage and other asset-backed
|
|||||
securities
|
2,052,050
|
126,370
|
15,135
|
18,911
|
2,144,373
|
13,230,216
|
1,411,295
|
72,698
|
144,667
|
14,424,146
|
|
Unaffiliated preferred stocks
|
10,449
|
108
|
739
|
–
|
9,818
|
$ 13,240,665
|
$1,411,403
|
$ 73,437
|
$ 144,667
|
$ 14,433,964
|
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
|
Losses 12
|
Losses Less
|
|||||||
Months or
|
Than 12
|
|||||||
More
|
Months
|
Total
|
||||||
December 31, 2016
|
||||||||
Unaffiliated bonds:
|
||||||||
United States Government and agencies
|
$ 8,977
|
$ 1,025,289
|
$ 1,034,266
|
|||||
State, municipal and other government
|
7,326
|
113,985
|
121,311
|
|||||
Hybrid securities
|
60,309
|
21,919
|
82,228
|
|||||
Industrial and miscellaneous
|
393,876
|
1,229,405
|
1,623,281
|
|||||
Mortgage and other asset-backed securities
|
168,887
|
752,620
|
921,507
|
|||||
639,375
|
3,143,218
|
3,782,593
|
||||||
Unaffiliated preferred stocks
|
1,261
|
–
|
1,261
|
|||||
Unaffiliated common stocks
|
–
|
13
|
13
|
|||||
$ 640,636
|
$ 3,143,231
|
$ 3,783,867
|
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
|
Estimated
|
||||
Carrying
|
Fair
|
|||
Amount
|
Value
|
|||
Due in one year or less
|
$ 435,979
|
$ 440,843
|
||
Due after one year through five years
|
1,859,874
|
1,968,619
|
||
Due after five years through ten years
|
1,786,902
|
1,922,936
|
||
Due after ten years
|
7,095,411
|
7,947,375
|
||
11,178,166
|
12,279,773
|
|||
Mortgage and other asset-backed securities
|
2,052,050
|
2,144,373
|
||
$ 13,230,216
|
$ 14,424,146
|
CUSIP
Identification
|
Actual Cost
|
Fair Value
|
Book / Adjusted
Carrying Value
|
Mortgage-
Referenced
Security
(YES/NO)
|
44965TAA5
|
$ 4,384
|
$ 4,168
|
$ 4,386
|
NO
|
871928AW7
|
6,232
|
29,680
|
27,315
|
NO
|
912810QV3
|
9,959
|
8,977
|
10,281
|
NO
|
912810RA8
|
184,686
|
213,454
|
194,230
|
NO
|
912810RL4
|
400,160
|
407,605
|
408,801
|
NO
|
Total
|
$ 605,421
|
$ 663,884
|
$ 645,013
|
Number of
|
Book / Adjusted
|
|||||||
5* Securities
|
Carrying Value
|
Fair Value
|
||||||
December 31, 2016
|
||||||||
Bonds, amortized cost
|
1
|
$
|
1,490
|
$
|
1,543
|
|||
Loan-backed and structured
|
||||||||
securities, amortized cost
|
1
|
6
|
6
|
|||||
Total
|
2
|
$
|
1,496
|
$
|
1,549
|
|||
December 31, 2015
|
||||||||
Bonds, amortized cost
|
1
|
$
|
7,333
|
$
|
7,395
|
|||
Loan-backed and structured
|
||||||||
securities, amortized cost
|
2
|
608
|
551
|
|||||
Total
|
3
|
$
|
7,941
|
$
|
7,946
|
Amortized Cost before Current Period OTTI
|
Recognized OTTI
|
Amortized Cost After OTTI
|
Fair Value
|
|
Year ended December 31, 2016
|
||||
1st quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
$ 9,786
|
$ 734
|
$ 9,052
|
$ 7,952
|
2nd quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
–
|
–
|
–
|
–
|
3rd quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
14,575
|
443
|
14,132
|
13,616
|
4th quarter present value of
|
||||
cash flows expected to be less
|
||||
than the amortized cost basis
|
43,857
|
2,687
|
41,170
|
24,054
|
Aggregate total
|
$ 68,218
|
$ 3,864
|
$ 64,354
|
$ 45,622
|
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
|
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 Impairment Occurred
|
24763LDE7
|
$ 159
|
$ 137
|
$ 22
|
$ 137
|
$ 138
|
1Q 2016
|
35729PPC8
|
423
|
114
|
309
|
114
|
82
|
1Q 2016
|
75970QAH3
|
1,060
|
1,014
|
46
|
1,014
|
945
|
1Q 2016
|
75970QAJ9
|
2,535
|
2,421
|
114
|
2,421
|
2,203
|
1Q 2016
|
75971EAF3
|
3,496
|
3,335
|
161
|
3,335
|
2,909
|
1Q 2016
|
83611MMM7
|
2,113
|
2,031
|
82
|
2,031
|
1,675
|
1Q 2016
|
14984WAA8
|
4,650
|
4,306
|
344
|
4,306
|
3,744
|
3Q 2016
|
75970QAJ9
|
1,928
|
1,928
|
–
|
1,928
|
1,924
|
3Q 2016
|
759950GA0
|
1,823
|
1,809
|
14
|
1,809
|
1,798
|
3Q 2016
|
126380AB0
|
6,174
|
6,089
|
85
|
6,089
|
6,150
|
3Q 2016
|
35729PPC8
|
95
|
49
|
45
|
49
|
86
|
4Q 2016
|
41161XAC0
|
2,165
|
1,810
|
356
|
1,810
|
2,154
|
4Q 2016
|
07325WAE2
|
41,597
|
39,311
|
2,286
|
39,311
|
21,814
|
4Q 2016
|
$ 3,864
|
Losses 12
|
Losses Less
|
|||
Months or
|
Than 12
|
|||
More
|
Months
|
|||
Year ended December 31, 2016
|
||||
The aggregate amount of unrealized losses
|
$ 15,135
|
$ 37,367
|
||
The aggregate related fair value of securities with unrealized losses
|
168,887
|
782,581
|
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
|
Year Ended December 31
|
||||||||
2016
|
2015
|
2014
|
||||||
Income:
|
||||||||
Bonds
|
$ 710,033
|
$ 685,467
|
$ 676,182
|
|||||
Preferred stocks
|
227
|
1,203
|
2,252
|
|||||
Common stocks
|
46,485
|
20,610
|
18,430
|
|||||
Mortgage loans on real estate
|
82,224
|
97,633
|
98,459
|
|||||
Real estate
|
31,665
|
30,522
|
5,583
|
|||||
Policy loans
|
50,559
|
51,402
|
52,384
|
|||||
Cash, cash equivalents and
|
||||||||
short-term investments
|
6,070
|
1,336
|
797
|
|||||
Derivatives
|
9,790
|
(5,862)
|
1,709
|
|||||
Other invested assets
|
13,872
|
19,277
|
8,642
|
|||||
Other
|
5,836
|
10,482
|
4,806
|
|||||
Gross investment income
|
956,761
|
912,070
|
869,244
|
|||||
Less investment expenses
|
72,176
|
71,236
|
43,274
|
|||||
Net investment income
|
$ 884,585
|
$ 840,834
|
$ 825,970
|
Year Ended December 31
|
||||||||
2016
|
2015
|
2014
|
||||||
Proceeds
|
$ 4,888,465
|
$ 3,379,615
|
$ 1,761,136
|
|||||
Gross realized gains
|
$ 167,992
|
$ 38,484
|
$ 13,103
|
|||||
Gross realized losses
|
(91,022)
|
(19,618)
|
(19,222)
|
|||||
Net realized capital gains (losses)
|
$ 76,970
|
$ 18,866
|
$ (6,119)
|
Realized
|
||||||
Year Ended December 31
|
||||||
2016
|
2015
|
2014
|
||||
Bonds
|
$ 67,594
|
$ 11,867
|
$ (27,107)
|
|||
Preferred stocks
|
(324)
|
1,375
|
(4,800)
|
|||
Common stocks
|
186
|
3,433
|
1,037
|
|||
Mortgage loans on real estate
|
18,849
|
(6,924)
|
(1,010)
|
|||
Real estate
|
55
|
(760)
|
(4,098)
|
|||
Cash, cash equivalents and short-term investments
|
24
|
3
|
9
|
|||
Derivatives
|
217
|
(43,877)
|
37,103
|
|||
Other invested assets
|
(17,503)
|
27,846
|
25,769
|
|||
69,098
|
(7,037)
|
26,903
|
||||
Federal income tax effect
|
(3,804)
|
(17,108)
|
(4,261)
|
|||
Transfer (to) from interest maintenance reserve
|
(76,685)
|
3,113
|
(6,980)
|
|||
Net realized capital (losses) gains on investments
|
$ (11,391)
|
$ (21,032)
|
$ 15,662
|
Change in Unrealized
|
||||||
Year Ended December 31
|
||||||
2016
|
2015
|
2014
|
||||
Bonds
|
$ 17,650
|
$ (10,977)
|
$ 21,255
|
|||
Preferred stocks
|
(232)
|
–
|
–
|
|||
Common stocks
|
14,970
|
23,258
|
(550)
|
|||
Affiliated entities
|
(18,824)
|
10,397
|
2,328
|
|||
Mortgage loans on real estate
|
–
|
–
|
247
|
|||
Cash, cash equivalents and short-term investments
|
(56)
|
–
|
–
|
|||
Derivatives
|
(24,747)
|
(148)
|
(121,278)
|
|||
Other invested assets
|
3,338
|
(45,292)
|
(17,647)
|
|||
Change in unrealized capital (losses) gains, before tax
|
(7,901)
|
(22,762)
|
(115,645)
|
|||
Taxes on unrealized capital gains/losses
|
(9,049)
|
10,318
|
32,482
|
|||
Change in unrealized capital (losses) gains, net of tax
|
$ (16,950)
|
$ (12,444)
|
$ (83,163)
|
Farm
|
Commercial
|
Mezzanine
|
Total
|
|
AAA - AA
|
$ –
|
$ 796,653
|
$ –
|
$ 796,653
|
A
|
15,369
|
666,241
|
–
|
681,610
|
BBB
|
–
|
116,669
|
–
|
116,669
|
BB
|
–
|
1,287
|
–
|
1,287
|
$ 15,369
|
$ 1,580,850
|
$ –
|
$ 1,596,219
|
December 31, 2016
|
Residential
|
Commercial
|
||||||||
Farm
|
Insured
|
All Other
|
Insured
|
All Other
|
Mezzanine
|
Total
|
||||
Recorded Investment (All)
|
||||||||||
(a)
|
Current
|
$ 15,369
|
$ –
|
$ 463
|
$ –
|
$ 1,580,850
|
$ –
|
$ 1,596,682
|
||
(b)
|
30-59 Days Past Due
|
–
|
–
|
1,922
|
–
|
–
|
–
|
1,922
|
||
(c)
|
60-89 Days Past Due
|
–
|
–
|
42
|
–
|
–
|
–
|
42
|
||
(d)
|
90-179 Days Past Due
|
–
|
–
|
11
|
–
|
–
|
–
|
11
|
||
(e)
|
180+ Days Past Due
|
–
|
–
|
29
|
–
|
–
|
–
|
29
|
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
|
Year Ended December 31
|
||||||
2016
|
2015
|
2014
|
||||
Balance at beginning of period
|
$ –
|
$ –
|
$ 247
|
|||
Additions, net charged to operations
|
–
|
–
|
528
|
|||
Recoveries in amounts previously charged off
|
–
|
–
|
(775)
|
|||
Balance at end of period
|
$ –
|
$ –
|
$ –
|
Year Ended December 31
|
||||||||||
2016
|
2015
|
|||||||||
Aggregate amount of mortgage loans derecognized
|
$ 37
|
$ –
|
||||||||
Real estate collateral recognized
|
37
|
–
|
||||||||
Other collateral recognized
|
–
|
–
|
||||||||
Receivables recognized from a government guarantee of
|
||||||||||
the foreclosed mortgage loan
|
–
|
–
|
Geographic Distribution
|
Property Type Distribution
|
|||||||||
December 31
|
December 31
|
|||||||||
2016
|
2015
|
2016
|
2015
|
|||||||
South Atlantic
|
28
|
%
|
25
|
%
|
Apartment
|
47
|
%
|
37
|
%
|
|
Pacific
|
27
|
28
|
Retail
|
20
|
22
|
|||||
W. South Central
|
11
|
10
|
Office
|
14
|
19
|
|||||
Middle Atlantic
|
10
|
12
|
Other
|
11
|
10
|
|||||
W. North Central
|
8
|
6
|
Industrial
|
5
|
8
|
|||||
Mountain
|
6
|
7
|
Medical
|
2
|
2
|
|||||
E. South Central
|
4
|
5
|
Agricultural
|
1
|
2
|
|||||
E. North Central
|
4
|
5
|
||||||||
New England
|
2
|
2
|
December 31, 2016
|
|||
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, 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
|
2016
|
2015
|
|
Fair value - positive
|
$ 400,267
|
$ 501,700
|
Fair value - negative
|
(117,553)
|
(59,588)
|
2016
|
2015
|
2014
|
|
Options:
|
|||
Calls
|
$ 192
|
$ 96
|
$ –
|
Puts
|
4,824
|
13,043
|
–
|
Total options
|
$ 5,016
|
$ 13,139
|
$ –
|
Swaps:
|
|||
Interest rate
|
$ (11,388)
|
$ (17,657)
|
$ 11,773
|
Credit
|
(1,530)
|
33
|
(50)
|
Total return
|
(34,637)
|
(13,720)
|
(5,916)
|
Total swaps
|
$ (47,555)
|
$ (31,344)
|
$ 5,807
|
Futures - net positions
|
42,756
|
(28,601)
|
31,296
|
Argentina warrants
|
–
|
2,928
|
–
|
Lehman settlements
|
126
|
162
|
–
|
Total realized gains (losses)
|
$ 343
|
$ (43,716)
|
$ 37,103
|
Year Ended December 31
|
|||
2016
|
2015
|
2014
|
|
Replicated assets
|
$ 729,430
|
$ 763,649
|
$ 638,687
|
Credit default
|
(5,860)
|
(20,253)
|
(13,239)
|
Year Ended December 31
|
|||
2016
|
2015
|
2014
|
|
Capital (losses) gains
|
$ (1,530)
|
$ 33
|
$ (50)
|
Deal, Receive (Pay), Underlying
|
Maturity Date
|
Maximum Future Payout (Estimated)
|
Current Fair Value
|
43299,SWAP, USD 1 / (USD 0), :JP1200551248
|
3/20/2017
|
$ 12,000
|
$ 25
|
43302,SWAP, USD 1 / (USD 0), :US50064FAD69
|
3/20/2017
|
10,000
|
$ 19
|
43307,SWAP, USD 1 / (USD 0), :US731011AN26
|
3/20/2017
|
15,000
|
$ 23
|
43310,SWAP, USD 1 / (USD 0), :US50064FAD69
|
3/20/2017
|
10,000
|
$ 19
|
43321,SWAP, USD 1 / (USD 0), :USY6826RAA06
|
3/20/2017
|
5,000
|
$ 7
|
47295,SWAP, USD 1 / (USD 0), :US59156RAN89
|
6/20/2017
|
25,000
|
$ 100
|
47296,SWAP, USD 1 / (USD 0), :US172967ES69
|
6/20/2017
|
25,000
|
$ 88
|
47297,SWAP, USD 1 / (USD 0), :US00163MAB00
|
6/20/2017
|
25,000
|
$ 90
|
43374,SWAP, USD 1 / (USD 0), :CDX-NAIGS18V1-5Y
|
6/20/2017
|
10,000
|
$ 44
|
43601,SWAP, USD 1 / (USD 0), :US88322LAA70
|
9/20/2017
|
5,100
|
$ 30
|
43613,SWAP, USD 1 / (USD 0), :US455780AQ93
|
9/20/2017
|
7,800
|
$ 32
|
46915,SWAP, USD 1 / (USD 0), :US534187AX79
|
12/20/2017
|
20,000
|
$ 164
|
47657,SWAP, USD 1 / (USD 0), :US416515AV66
|
12/20/2017
|
12,500
|
$ 105
|
48775,SWAP, USD 1 / (USD 0), :CDX-NAIGS19V1-5Y
|
12/20/2017
|
12,500
|
$ 108
|
53821,SWAP, USD 1 / (USD 0), :US260543BJ10
|
3/20/2018
|
22,000
|
$ 232
|
54865,SWAP, USD 5 / (USD 0), :US37247DAE67
|
3/20/2018
|
15,000
|
$ 468
|
55127,SWAP, USD 1 / (USD 0), :XS0292653994
|
3/20/2018
|
2,300
|
$ 25
|
119322,SWAP, USD 1 / (USD 0), :US455780AU06
|
3/20/2020
|
5,000
|
$ 6
|
102754,SWAP, USD 1 / (USD 0), :XS0292653994
|
3/20/2020
|
13,000
|
$ 174
|
102918,SWAP, USD 1 / (USD 0), :US195325BB02
|
3/20/2020
|
5,000
|
$ (2)
|
103284,SWAP, USD 1 / (USD 0), :USY6826RAA06
|
3/20/2020
|
5,000
|
$ 23
|
102927,SWAP, USD 1 / (USD 0), :US465410AH18
|
3/20/2020
|
5,000
|
$ (42)
|
103048,SWAP, USD 1 / (USD 0), :USY6826RAA06
|
3/20/2020
|
5,000
|
$ 23
|
103141,SWAP, USD 1 / (USD 0), :US465410AH18
|
3/20/2020
|
15,000
|
$ (127)
|
109219,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
2,500
|
$ (9)
|
109571,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
2,500
|
$ (9)
|
109622,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
2,500
|
$ (9)
|
109623,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
2,500
|
$ 27
|
109544,SWAP, USD 1 / (USD 0), :US698299AD63
|
6/20/2020
|
2,400
|
$ 10
|
109553,SWAP, USD 1 / (USD 0), :US698299AD63
|
6/20/2020
|
1,200
|
$ 5
|
109550,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
1,250
|
$ 13
|
109645,SWAP, USD 1 / (USD 0), :US465410AH18
|
6/20/2020
|
1,330
|
$ (14)
|
109647,SWAP, USD 1 / (USD 0), :US465410AH18
|
6/20/2020
|
1,330
|
$ (14)
|
109687,SWAP, USD 1 / (USD 0), :US465410AH18
|
6/20/2020
|
1,340
|
$ (15)
|
110510,SWAP, USD 1 / (USD 0), :US698299AD63
|
6/20/2020
|
1,200
|
$ 5
|
110620,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
1,250
|
$ 13
|
111121,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
1,250
|
$ 13
|
111125,SWAP, USD 1 / (USD 0), :US698299AD63
|
6/20/2020
|
1,200
|
$ 5
|
110854,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
1,250
|
$ 13
|
111719,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
1,200
|
$ (40)
|
111729,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
600
|
$ (2)
|
111732,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
600
|
$ (20)
|
111735,SWAP, USD 1 / (USD 0), :US836205AN45
|
6/20/2020
|
600
|
$ (9)
|
111738,SWAP, USD 1 / (USD 0), :US105756BV13
|
6/20/2020
|
600
|
$ (16)
|
111744,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
600
|
$ (2)
|
111832,SWAP, USD 1 / (USD 0), :US715638AP79
|
6/20/2020
|
600
|
$ 6
|
111842,SWAP, USD 1 / (USD 0), :US91086QAW87
|
6/20/2020
|
600
|
$ (2)
|
111845,SWAP, USD 1 / (USD 0), :US195325BB02
|
6/20/2020
|
600
|
$ (2)
|
111898,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
600
|
$ (20)
|
112138,SWAP, USD 1 / (USD 0), :US698299AD63
|
9/20/2020
|
1,200
|
$ 3
|
112153,SWAP, USD 1 / (USD 0), :US900123AL40
|
6/20/2020
|
600
|
$ (20)
|
112228,SWAP, USD 1 / (USD 0), :USY6826RAA06
|
9/20/2020
|
1,200
|
$ (1)
|
112230,SWAP, USD 1 / (USD 0), :US698299AD63
|
9/20/2020
|
600
|
$ 1
|
112304,SWAP, USD 1 / (USD 0), :US455780AU06
|
9/20/2020
|
600
|
$ (3)
|
112328,SWAP, USD 1 / (USD 0), :US91086QAW87
|
9/20/2020
|
600
|
$ (3)
|
112340,SWAP, USD 1 / (USD 0), :US25271CAJ18
|
9/20/2020
|
3,350
|
$ (212)
|
112428,SWAP, USD 1 / (USD 0), :US465410AH18
|
6/20/2020
|
600
|
$ (7)
|
112431,SWAP, USD 1 / (USD 0), :US698299AD63
|
9/20/2020
|
600
|
$ 1
|
112573,SWAP, USD 1 / (USD 0), :US105756BV13
|
6/20/2020
|
600
|
$ (16)
|
113398,SWAP, USD 1 / (USD 0), :US88322KAC53
|
9/20/2020
|
600
|
$ 9
|
113437,SWAP, USD 1 / (USD 0), :US455780AU06
|
9/20/2020
|
600
|
$ (3)
|
115816,SWAP, USD 1 / (USD 0), :US260543BJ10
|
9/20/2020
|
10,000
|
$ 169
|
115817,SWAP, USD 1 / (USD 0), :US40414LAA70
|
9/20/2020
|
10,000
|
$ (81)
|
116006,SWAP, USD 1 / (USD 0), :US00163MAB00
|
9/20/2020
|
10,000
|
$ 87
|
116040,SWAP, USD 1 / (USD 0), :ES0413900384
|
9/20/2020
|
10,000
|
$ 10
|
127389,SWAP, USD 1 / (USD 0), :US149123BZ39
|
12/20/2020
|
5,000
|
$ 109
|
127393,SWAP, USD 1 / (USD 0), :US460146CE11
|
12/20/2020
|
5,000
|
$ 109
|
127397,SWAP, USD 1 / (USD 0), :US244199BC83
|
12/20/2020
|
5,000
|
$ 126
|
127471,SWAP, USD 1 / (USD 0), :US037411AN57
|
12/20/2020
|
10,000
|
$ 92
|
130585,SWAP, USD 1 / (USD 0), :US416515AY06
|
6/20/2017
|
25,000
|
$ 104
|
120681,SWAP, USD 1 / (USD 0), :JP1200551248
|
6/20/2017
|
10,000
|
$ 45
|
133646,SWAP, USD 1 / (USD 0), :US91086QAW87
|
12/20/2020
|
3,900
|
$ (30)
|
133655,SWAP, USD 1 / (USD 0), :US195325BB02
|
12/20/2020
|
2,000
|
$ (19)
|
133658,SWAP, USD 1 / (USD 0), :US715638AP79
|
12/20/2020
|
2,000
|
$ 16
|
133738,SWAP, USD 1 / (USD 0), :US195325BB02
|
12/20/2020
|
5,000
|
$ (47)
|
133740,SWAP, USD 1 / (USD 0), :US455780AU06
|
12/20/2020
|
5,000
|
$ (41)
|
133901,SWAP, USD 1 / (USD 0), :US698299AD63
|
12/20/2020
|
2,100
|
$ -
|
134594,SWAP, USD 1 / (USD 0), :US465410AH18
|
12/20/2020
|
5,000
|
$ (78)
|
134657,SWAP, USD 1 / (USD 0), :US445545AD87
|
12/20/2020
|
4,000
|
$ (2)
|
134619,SWAP, USD 1 / (USD 0), :US445545AD87
|
12/20/2020
|
2,500
|
$ (1)
|
134823,SWAP, USD 1 / (USD 0), :US455780AU06
|
12/20/2020
|
5,000
|
$ (41)
|
134803,SWAP, USD 1 / (USD 0), :US712219AG90
|
12/20/2020
|
10,000
|
$ 28
|
134807,SWAP, USD 1 / (USD 0), :US712219AG90
|
12/20/2020
|
5,000
|
$ 14
|
134930,SWAP, USD 1 / (USD 0), :US168863AV04
|
12/20/2020
|
5,000
|
$ 65
|
137187,SWAP, USD 1 / (USD 0), :US718286AP29
|
12/20/2020
|
2,500
|
$ 18
|
158025,SWAP, USD 1 / (USD 0), :CDX-NAIGS26V1-5Y
|
6/20/2021
|
10,000
|
$ 164
|
160769,SWAP, USD 1 / (USD 0), :XS0114288789
|
6/20/2021
|
2,500
|
$ (58)
|
160771,SWAP, USD 1 / (USD 0), :XS0114288789
|
6/20/2021
|
3,500
|
$ (81)
|
186521,SWAP, USD 1 / (USD 0), :XS0114288789
|
12/20/2021
|
6,000
|
$ (207)
|
186524,SWAP, USD 1 / (USD 0), :XS0114288789
|
12/20/2021
|
360
|
$ (12)
|
186525,SWAP, USD 5 / (USD 0), :USP04808AE45
|
12/20/2021
|
4,000
|
$ (25)
|
186528,SWAP, USD 5 / (USD 0), :USP04808AE45
|
12/20/2021
|
240
|
$ (1)
|
187622,SWAP, USD 0 / (USD 0), :US23331ABF57
|
12/20/2021
|
11,000
|
$ (122)
|
187594,SWAP, USD 1 / (USD 0), :US29250RAC07
|
12/20/2017
|
5,000
|
$ 17
|
187598,SWAP, USD 1 / (USD 0), :US74432QAY17
|
6/20/2018
|
20,000
|
$ 236
|
187595,SWAP, USD 1 / (USD 0), :US92276MAT27
|
6/20/2018
|
20,000
|
$ 212
|
187597,SWAP, USD 1 / (USD 0), :US74432QAB14
|
6/20/2018
|
20,000
|
$ 236
|
$ 591,550
|
$ 2,321
|
Notional Amount
|
|||||||
2016
|
2015
|
||||||
Interest rate and currency swaps:
|
|||||||
Receive fixed - pay fixed
|
$ 18,242
|
$ 650,104
|
|||||
Receive fixed - pay floating
|
32,292
|
8,970
|
|||||
Receive floating - pay fixed
|
19,500
|
19,500
|
|||||
Receive floating - pay floating
|
120,950
|
–
|
|||||
Swaps:
|
|||||||
Receive fixed - pay fixed
|
1,187,278
|
144,849
|
|||||
Receive fixed - pay floating
|
1,836,930
|
2,204,430
|
|||||
Receive floating - pay fixed
|
1,320,450
|
126,450
|
|||||
Receive floating - pay floating
|
1,054,350
|
561,004
|
|||||
Caps
|
9,750,000
|
9,750,000
|
|||||
Options Calls / Puts
|
333
|
171,644
|
Gross Restricted (Admitted & Nonadmitted)
|
|||||
2016
|
|||||
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
|
Subject to contractual
|
|||||
obligation for which
|
|||||
liability is not shown
|
$ –
|
$ –
|
$ –
|
$ –
|
$ –
|
Collateral held under
|
|||||
security lending agreements
|
425,817
|
–
|
–
|
–
|
425,817
|
Subject to repurchase
|
|||||
agreements
|
–
|
–
|
–
|
–
|
–
|
Subject to reverse
|
|||||
repurchase agreements
|
–
|
–
|
–
|
–
|
–
|
Subject to dollar
|
|||||
repurchase agreements
|
175,171
|
–
|
–
|
–
|
175,171
|
Subject to dollar reverse
|
|||||
repurchase agreements
|
–
|
–
|
–
|
–
|
–
|
Placed under option
|
|||||
contracts
|
–
|
–
|
–
|
–
|
–
|
Letter stock or securities
|
|||||
restricted as to sale -
|
|||||
excluding FHLB capital stock
|
18,049
|
–
|
–
|
–
|
18,049
|
FHLB capital stock
|
73,000
|
–
|
–
|
–
|
73,000
|
On deposit with states
|
9,214
|
–
|
–
|
–
|
9,214
|
On deposit with other
|
|||||
regulatory bodies
|
–
|
–
|
–
|
–
|
–
|
Pledged as collateral to
|
|||||
FHLB (including assets
|
|||||
backing funding agreements)
|
1,898,720
|
–
|
–
|
–
|
1,898,720
|
Pledged as collateral not
|
|||||
captured in other categories
|
244,157
|
–
|
–
|
–
|
244,157
|
Other restricted assets
|
–
|
–
|
–
|
–
|
–
|
Total Restricted Assets
|
$ 2,844,128
|
$ –
|
$ –
|
$ –
|
$ 2,844,128
|
Gross (Admitted & Nonadmitted) Restricted
|
Percentage
|
|||||
Restricted Asset Category
|
Total From
Prior Year
|
Increase/
(Decrease)
|
Total Nonadmitted Restricted
|
Total Admitted Restricted
|
Gross (Admitted & Nonadmitted)
Restricted
to Total
Assets
|
Admitted
Restricted to
Total
Admitted
Assets
|
Subject to contractual
|
||||||
obligation for which
|
||||||
liability is not shown
|
$ –
|
$ –
|
$ –
|
$ –
|
0.00%
|
0.00%
|
Collateral held under
|
||||||
security lending agreements
|
354,047
|
71,770
|
–
|
425,817
|
1.01%
|
1.03%
|
Subject to repurchase
|
||||||
agreements
|
–
|
–
|
–
|
–
|
0.00%
|
0.00%
|
Subject to reverse
|
||||||
repurchase agreements
|
–
|
–
|
–
|
–
|
0.00%
|
0.00%
|
Subject to dollar
|
||||||
repurchase agreements
|
291,895
|
(116,724)
|
–
|
175,171
|
0.42%
|
0.42%
|
Subject to dollar reverse
|
||||||
repurchase agreements
|
–
|
–
|
–
|
–
|
0.00%
|
0.00%
|
Placed under option
|
||||||
contracts
|
–
|
–
|
–
|
–
|
0.00%
|
0.00%
|
Letter stock or securities
|
||||||
restricted as to sale -
|
||||||
excluding FHLB capital stock
|
–
|
18,049
|
–
|
18,049
|
0.04%
|
0.04%
|
FHLB capital stock
|
26,000
|
47,000
|
–
|
73,000
|
0.17%
|
0.18%
|
On deposit with states
|
10,024
|
(810)
|
–
|
9,214
|
0.02%
|
0.02%
|
On deposit with other
|
||||||
regulatory bodies
|
–
|
–
|
–
|
–
|
0.00%
|
0.00%
|
Pledged as collateral to
|
||||||
FHLB (including assets
|
||||||
backing funding agreements)
|
895,353
|
1,003,367
|
–
|
1,898,720
|
4.52%
|
4.57%
|
Pledged as collateral not
|
||||||
captured in other categories
|
131,658
|
112,499
|
–
|
244,157
|
0.58%
|
0.59%
|
Other restricted assets
|
190,947
|
(190,947)
|
–
|
–
|
0.00%
|
0.00%
|
Total Restricted Assets
|
$ 1,899,924
|
$ 944,204
|
$ –
|
$ 2,844,128
|
6.77%
|
6.85%
|
Gross (Admitted & Nonadmitted) Restricted
|
|||||||||||||||
|
2016 | ||||||||||||||
Total Separate
|
|||||||||||||||
Account (S/A)
|
S/A Assets
|
||||||||||||||
Total General
|
G/A Supporting
|
Restricted
|
Supporting
|
||||||||||||
Description of Assets
|
Account (G/A)
|
S/A Activity (a)
|
Assets
|
G/A Activity
|
Total
|
||||||||||
Derivatives
|
$ 244,157
|
$ –
|
$ –
|
$ –
|
$ 244,157
|
||||||||||
Secured Funding Agreements
|
-
|
–
|
–
|
–
|
- |
|
|||||||||
AMBAC
|
-
|
–
|
–
|
–
|
- |
|
|||||||||
Total
|
$ 244,157
|
$ –
|
$ –
|
$ –
|
$ –
|
$ 244,157
|
Gross (Admitted &
|
||||||||||||||||
Nonadmitted) Restricted
|
Percentage
|
|||||||||||||||
Gross
|
Admitted
|
|||||||||||||||
(Admitted &
|
Restricted to
|
|||||||||||||||
Total Current
|
Nonadmitted)
|
Total
|
||||||||||||||
Total From
|
Increase/
|
Year Admitted
|
Restricted to
|
Admitted
|
||||||||||||
Description of Assets
|
Prior Year
|
(Decrease)
|
Restricted
|
Total Assets
|
Assets
|
|||||||||||
Derivatives
|
$ 118,131
|
$ 126,026
|
$ 244,157
|
0.58
|
%
|
0.59
|
%
|
|||||||||
Secured Funding Agreements
|
13,528
|
(13,528)
|
-
|
0.00
|
0.00
|
|||||||||||
AMBAC
|
-
|
–
|
-
|
0.00
|
0.00
|
|||||||||||
Total
|
$ 131,659
|
$ 112,498
|
$ 244,157
|
0.58
|
%
|
0.78
|
%
|
Collateral Assets
|
Book Adjusted Carrying Value (BACV)
|
Fair Value
|
% of BACV to Total Assets (Admitted and Nonadmitted*)
|
% of BACV to Total Admitted Assets **
|
||||
Cash
|
$
|
411,447
|
$
|
411,447
|
2.07
|
%
|
2.12
|
%
|
Schedule DL, Part 1
|
425,875
|
425,875
|
2.14
|
2.19
|
||||
Other
|
93,932
|
93,932
|
0.47
|
0.48
|
||||
Total Collateral Assets
|
$
|
931,255
|
$
|
931,255
|
4.68
|
%
|
4.80
|
%
|
Amount
|
% of Liability to Total Liabilities*
|
|||
Recognized Obligation to
|
||||
Return Collateral Asset
|
$ 931,699
|
|
5.25% |
Net Amount
|
|||||||
Presented on
|
|||||||
Gross Amount
|
Financial
|
||||||
Recognized
|
Amount Offset
|
Statements
|
|||||
December 31, 2016
|
|||||||
Assets:
|
|||||||
Receivables for securities
|
$ –
|
$ –
|
$ –
|
||||
Liabilities:
|
|||||||
Borrowed money
|
$ –
|
$ –
|
$ –
|
||||
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
|
|||
2016
|
2015
|
2014
|
|
Direct premiums
|
$ 3,302,028
|
$ 3,198,245
|
$ 2,940,490
|
Reinsurance assumed - non affiliates
|
89,277
|
94,177
|
122,228
|
Reinsurance assumed - affiliates
|
(1,651,630)
|
405,295
|
3,939,481
|
Reinsurance ceded - non affiliates
|
(95,982)
|
(85,971)
|
(114,182)
|
Reinsurance ceded - affiliates
|
1,631,880
|
(494,431)
|
(550,690)
|
Net premiums earned
|
$ 3,275,573
|
$ 3,117,315
|
$ 6,337,327
|
December 31, 2016
|
||||
Ordinary
|
Capital
|
Total
|
||
Gross Deferred Tax Assets
|
$ 862,256
|
$ 93,444
|
$ 955,700
|
|
Statutory Valuation Allowance Adjustment
|
–
|
–
|
–
|
|
Adjusted Gross Deferred Tax Assets
|
862,256
|
93,444
|
955,700
|
|
Deferred Tax Assets Nonadmitted
|
307,256
|
–
|
307,256
|
|
Subtotal (Net Deferred Tax Assets)
|
555,000
|
93,444
|
648,444
|
|
Deferred Tax Liabilities
|
248,544
|
84,683
|
333,227
|
|
Net Admitted Deferred Tax Assets
|
$ 306,456
|
$ 8,761
|
$ 315,217
|
|
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
|
|
Change
|
||||
Ordinary
|
Capital
|
Total
|
||
Gross Deferred Tax Assets
|
$ 33,160
|
$ (19,587)
|
$ 13,573
|
|
Statutory Valuation Allowance Adjustment
|
–
|
–
|
–
|
|
Adjusted Gross Deferred Tax Assets
|
33,160
|
(19,587)
|
13,573
|
|
Deferred Tax Assets Nonadmitted
|
(29,525)
|
–
|
(29,525)
|
|
Subtotal (Net Deferred Tax Assets)
|
62,685
|
(19,587)
|
43,098
|
|
Deferred Tax Liabilities
|
45,346
|
20,042
|
65,388
|
|
Net Admitted Deferred Tax Assets
|
$ 17,339
|
$ (39,629)
|
$ (22,290)
|
Deferred Tax Assets:
|
|||||
Year Ended December 31
|
|||||
2016
|
2015
|
Change
|
|||
Ordinary
|
|||||
Discounting of unpaid losses
|
$ 1,212
|
$ 641
|
$ 571
|
||
Policyholder reserves
|
400,728
|
397,858
|
2,870
|
||
Investments
|
198,541
|
159,998
|
38,543
|
||
Deferred acquisition costs
|
207,849
|
206,232
|
1,617
|
||
Compensation and benefits accrual
|
342
|
576
|
(234)
|
||
Receivables - nonadmitted
|
49,919
|
58,970
|
(9,051)
|
||
Section 197 Intangible Amortization
|
395
|
454
|
(59)
|
||
Corporate Provision
|
140
|
70
|
70
|
||
Other (including items <5% of
|
|||||
ordinary tax assets)
|
3,130
|
4,297
|
(1,167)
|
||
Subtotal
|
862,256
|
829,096
|
33,160
|
||
Nonadmitted
|
307,256
|
336,781
|
(29,525)
|
||
Admitted ordinary deferred tax assets
|
555,000
|
492,315
|
62,685
|
||
Capital:
|
|||||
Investments
|
93,444
|
113,031
|
(19,587)
|
||
Other (including items <5% of total
|
|||||
total capital tax assets)
|
–
|
–
|
–
|
||
Subtotal
|
93,444
|
113,031
|
(19,587)
|
||
Statutory valuation allowance adjustment
|
–
|
–
|
–
|
||
Nonadmitted
|
–
|
–
|
–
|
||
Admitted capital deferred tax assets
|
93,444
|
113,031
|
(19,587)
|
||
Admitted deferred tax assets
|
$ 648,444
|
$ 605,346
|
$ 43,098
|
Year Ended December 31
|
|||||
2016
|
2015
|
Change
|
|||
Deferred Tax Liabilities:
|
|||||
Ordinary
|
|||||
Investments
|
$ 186,250
|
$ 137,137
|
$ 49,113
|
||
Provision for Contingent Debt
|
4,091
|
4,270
|
(179)
|
||
Deferred and uncollected premium
|
44,560
|
44,761
|
(201)
|
||
Reinsurance Ceded
|
916
|
1,402
|
(486)
|
||
§807(f) adjustment
|
11,389
|
14,254
|
(2,865)
|
||
Separate account adjustments
|
1,339
|
1,373
|
(34)
|
||
Other (including items <5% of total
|
|||||
ordinary tax liabilities)
|
(1)
|
1
|
(2)
|
||
Subtotal
|
248,544
|
203,198
|
45,346
|
||
Capital
|
|||||
Investments
|
84,683
|
64,641
|
20,042
|
||
Subtotal
|
84,683
|
64,641
|
20,042
|
||
Deferred tax liabilities
|
333,227
|
267,839
|
65,388
|
||
Net deferred tax assets/liabilities
|
$ 315,217
|
$ 337,507
|
$ (22,290)
|
December 31, 2016
|
|||||
Ordinary
|
Capital
|
Total
|
|||
Admission Calculation Components SSAP No. 101
|
|||||
2(a)
|
Federal Income Taxes Paid in Prior Years
|
||||
Recoverable Through Loss Carrybacks
|
$ 189,735
|
$ 21,620
|
$ 211,355
|
||
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)
|
87,353
|
16,509
|
103,862
|
||
1.
|
Adjusted Gross Deferred Tax Assets
|
||||
Expected to be Realized Following the
|
|||||
Balance Sheet Date
|
87,353
|
16,509
|
103,862
|
||
2.
|
Adjusted Gross Deferred Tax Assets
|
||||
Allowed per Limitation Threshold
|
XXX
|
XXX
|
203,977
|
||
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
|
277,912
|
55,315
|
333,227
|
||
2(d)
|
Deferred Tax Assets Admitted as the result of
application of SSAP No. 101, Total (2(a) + 2(b) + 2(c))
|
$ 555,000
|
$ 93,444
|
$ 648,444
|
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
|
Change
|
|||||
Ordinary
|
Capital
|
Total
|
|||
Admission Calculation Components SSAP No. 101
|
|||||
2(a)
|
Federal Income Taxes Paid in Prior Years
|
||||
Recoverable Through Loss Carrybacks
|
$ (15,711)
|
$ 4,514
|
$ (11,197)
|
||
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)
|
10,404
|
(21,497)
|
(11,093)
|
||
1.
|
Adjusted Gross Deferred Tax Assets
|
||||
Expected to be Realized Following the
|
|||||
Balance Sheet Date
|
10,404
|
(21,497)
|
(11,093)
|
||
2.
|
Adjusted Gross Deferred Tax Assets
|
||||
Allowed per Limitation Threshold
|
XXX
|
XXX
|
29,007
|
||
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
|
67,992
|
(2,604)
|
65,388
|
||
2(d)
|
Deferred Tax Assets Admitted as the result of
application of SSAP No. 101, Total (2(a) + 2(b) + 2(c))
|
$ 62,685
|
$ (19,587)
|
$ 43,098
|
December 31
|
||||
2016
|
2015
|
Change
|
||
Ratio Percentage Used To Determine Recovery
|
||||
Period and Threshold Limitation Amount
|
674%
|
672%
|
2%
|
|
Amount of Adjusted Capital and Surplus Used To
|
||||
Determine Recovery Period and Threshold
|
||||
Limitation in 2(b)2 above
|
$ 1,359,844
|
$ 1,166,465
|
$ 193,379
|
December 31, 2016
|
||||
Ordinary
|
Capital
|
|||
Percent
|
Percent
|
Total Percent
|
||
(% of Total Adjusted Gross DTAs)
|
0%
|
0%
|
0%
|
|
(% of Total Net Admitted Adjusted Gross DTAs)
|
0%
|
18%
|
3%
|
|
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%
|
Year Ended December 31
|
|||||
2016
|
2015
|
Change
|
|||
Current Income Tax
|
|||||
Federal
|
$ 14,354
|
$ (29,748)
|
$ 44,102
|
||
Subtotal
|
14,354
|
(29,748)
|
44,102
|
||
Federal income tax on net capital gains
|
3,804
|
17,108
|
(13,304)
|
||
Federal and foreign income taxes incurred
|
$ 18,158
|
$ (12,640)
|
$ 30,798
|
||
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
|
||||
2016
|
2015
|
2014
|
||
Current income taxes incurred
|
$ 18,159
|
$ (12,640)
|
$ 200,401
|
|
Change in deferred income taxes
|
42,764
|
(105,861)
|
23,946
|
|
(without tax on unrealized gains and losses)
|
||||
Total income tax reported
|
$ 60,923
|
$ (118,501)
|
$ 224,347
|
|
Income before taxes
|
$ 433,722
|
$ 198,070
|
$ 558,113
|
|
35.00%
|
35.00%
|
35.00%
|
||
Expected income tax expense (benefit) at 35%
|
||||
statutory rate
|
$ 151,803
|
$ 69,325
|
$ 195,340
|
|
Increase (decrease) in actual tax reported resulting from:
|
||||
Dividends received deduction
|
(11,217)
|
(13,319)
|
(10,219)
|
|
Tax credits
|
(12,804)
|
(43,238)
|
(8,934)
|
|
Tax-exempt Income
|
(13)
|
(8)
|
(12)
|
|
Tax adjustment for IMR
|
(28,395)
|
(8,634)
|
(8,667)
|
|
Surplus adjustment for in-force ceded
|
(25,874)
|
(34,325)
|
93,779
|
|
Nondeductible expenses
|
107
|
382
|
973
|
|
Deferred tax benefit on other items in surplus
|
7,670
|
(78,300)
|
(26,022)
|
|
Provision to return
|
(201)
|
(2,526)
|
(3,964)
|
|
Life-owned life insurance
|
(1,281)
|
(1,283)
|
(1,319)
|
|
Dividends from certain foreign corporations
|
442
|
448
|
414
|
|
Prior period adjustment
|
–
|
(3,325)
|
–
|
|
Pre-tax income of single member limited liability company
|
2,234
|
(872)
|
(3,094)
|
|
Audit Adjustment - Permanent
|
(5,667)
|
–
|
–
|
|
Intercompany Dividends
|
(15,785)
|
(7,000)
|
–
|
|
Partnership Permanent Adjustment
|
(848)
|
4,077
|
–
|
|
Other
|
752
|
98
|
(3,928)
|
|
Total income tax reported
|
$ 60,923
|
$ (118,501)
|
$ 224,347
|
December 31
|
||||||
2016
|
||||||
General Account
|
Separate Account with Guarantees
|
Separate Account Non-Guaranteed
|
Total
|
Percent
|
||
Subject to discretionary withdrawal
|
||||||
With fair value adjustment
|
$ 11,168
|
$ 19,728
|
$ –
|
$ 30,896
|
0
|
%
|
At book value less surrender charge
|
||||||
of 5% or more
|
5,622
|
–
|
–
|
5,622
|
0
|
|
At fair value
|
4,016
|
–
|
16,489,244
|
16,493,260
|
77
|
|
Total with adjustment or at fair value
|
20,806
|
19,728
|
16,489,244
|
16,529,778
|
77
|
|
At book value without adjustment
|
||||||
(minimal or no charge or adjustment)
|
1,494,122
|
–
|
–
|
1,494,122
|
7
|
|
Not subject to discretionary withdrawal
|
||||||
provision
|
3,372,006
|
–
|
88,046
|
3,460,052
|
16
|
|
Total annuity reserves and deposit
|
||||||
liabilities
|
4,886,934
|
19,728
|
16,577,290
|
21,483,952
|
100
|
%
|
Less reinsurance ceded
|
298,987
|
–
|
–
|
298,987
|
||
Net annuity reserves and deposit
|
||||||
liabilities
|
$ 4,587,947
|
$ 19,728
|
$ 16,577,290
|
$ 21,184,965
|
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
|
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
|
Year Ended December 31
|
|||
2016
|
2015
|
2014
|
|
Transfer as reported in the summary of
|
|||
operations of the separate accounts
|
|||
statement:
|
|||
Transfers to separate accounts
|
$ 810,679
|
$ 907,989
|
$ 889,269
|
Transfers from separate accounts
|
(1,153,614)
|
(1,381,485)
|
(1,351,592)
|
Net transfers from separate accounts
|
(342,935)
|
(473,496)
|
(462,323)
|
Miscellaneous reconciling adjustments
|
128,436
|
245,172
|
166,002
|
Net transfers as reported in the statement
|
|||
of operations of the life, accident and health
|
|||
annual statement
|
$ (214,499)
|
$ (228,324)
|
$ (296,321)
|
2016
|
2015
|
|
Group annuities
|
$ 2,297,161
|
$ 2,174,583
|
Variable annuities
|
$ 16,575,392
|
15,845,604
|
Variable universal life
|
$ 385,393
|
379,720
|
Variable life
|
$ 2,812,022
|
2,887,049
|
Modified separate account
|
$ 22,062
|
21,804
|
WRL asset accumulator
|
$ 10,069
|
10,873
|
Total separate account assets
|
$ 22,102,099
|
$ 21,319,633
|
Subjected
|
Gross Amount of
|
Reinsurance
|
|
Account
|
Reserve
|
||
Benefit and Type of Risk
|
Value
|
Reserve Held
|
Credit
|
December 31, 2016
|
|||
Minimum guaranteed death benefit
|
$ 9,209,972
|
$ 31,208
|
$ 18,546
|
Minimum guaranteed income benefit
|
602,234
|
107,989
|
93,632
|
Minimum guaranteed withdrawal benefit
|
614,637
|
–
|
–
|
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
|
–
|
–
|
Gross
|
Loading
|
Net
|
|
December 31, 2016
|
|||
Life and annuity:
|
|||
Ordinary direct first-year business
|
$ 14,525
|
$ 12,178
|
$ 2,347
|
Ordinary direct renewal business
|
177,650
|
37,981
|
139,669
|
Group life direct business
|
9,595
|
2,641
|
6,954
|
Credit direct business
|
187
|
–
|
187
|
Reinsurance ceded
|
(21,860)
|
–
|
(21,860)
|
$ 180,097
|
$ 52,800
|
$ 127,297
|
|
Accident and health
|
60,509
|
–
|
60,509
|
$ 240,606
|
$ 52,800
|
$ 187,806
|
|
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
|
For Year
|
Balance
|
Interest Paid
|
Cumulative
|
Accrued
|
Ending
|
Outstanding
|
Current Year
|
Interest Paid
|
Interest
|
2016
|
||||
CGC
|
$ 102,734
|
$ 6,164
|
$ 80,187
|
$ 514
|
TA Corp
|
57,266
|
3,436
|
35,225
|
286
|
Total
|
$ 160,000
|
$ 9,600
|
$ 115,412
|
$ 800
|
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
|
Fair Value
|
||
Open
|
$
|
425,817
|
30 days or less
|
–
|
|
31 to 60 days
|
–
|
|
61 to 90 days
|
–
|
|
Greater than 90 days
|
–
|
|
Total
|
425,817
|
|
Securities received
|
–
|
|
Total collateral received
|
$
|
425,817
|
Amortized Cost
|
Fair Value
|
||||
Open
|
$
|
64,657
|
$
|
64,657
|
|
30 days or less
|
193,281
|
193,281
|
|||
31 to 60 days
|
59,319
|
59,319
|
|||
61 to 90 days
|
37,085
|
37,085
|
|||
91 to 120 days
|
20,346
|
20,346
|
|||
121 to 180 days
|
51,187
|
51,187
|
|||
Total
|
425,875
|
425,875
|
|||
Securities received
|
–
|
–
|
|||
Total collateral reinvested
|
$
|
425,875
|
$
|
425,875
|
Receivable from
|
Amount
|
Due By
|
Interest Rate
|
|
TA Corp
|
$ 74,100
|
December 31, 2017
|
0.47%
|
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 Entity
|
Percentage of SCA Ownership
|
Gross Amount
|
Admitted Amount
|
Nonadmitted Amount
|
||||
SSAP No. 97 8a Entities
|
||||||||
None
|
–
|
%
|
$
|
–
|
$
|
–
|
$
|
–
|
Total SSAP No. 97 8a Entities
|
XXX
|
$
|
–
|
$
|
–
|
$
|
–
|
|
SSAP No. 97 8b(ii) Entities
|
||||||||
None
|
–
|
%
|
$
|
–
|
$
|
–
|
$
|
–
|
Total SSAP No. 97 8b(ii) Entities
|
XXX
|
$
|
–
|
$
|
–
|
$
|
–
|
|
SSAP No. 97 8b(iii) Entities
|
||||||||
REAL ESTATE ALTERN PORT 3A INC
|
37.00
|
%
|
$
|
11,909
|
$
|
11,909
|
$
|
–
|
INTERSECURITIES INS AGENCY INC
|
100.00
|
–
|
–
|
–
|
||||
TRANSAMERICA ASSET MANAGEMENT INC
|
77.00
|
28,195
|
28,195
|
–
|
||||
TRANSAMERICA FUND SERVICES INC
|
44.13
|
–
|
–
|
–
|
||||
WORLD FIN GRP INSURANCE AGENCY INC
|
100.00
|
–
|
–
|
–
|
||||
AEGON DIRECT MARKETING SVC INC
|
73.55
|
–
|
–
|
–
|
||||
Total SSAP No. 97 8b(iii) Entities
|
XXX
|
$
|
40,104
|
$
|
40,104
|
$
|
–
|
|
SSAP No. 97 8b(iv) Entities
|
||||||||
None
|
–
|
%
|
$
|
–
|
$
|
–
|
$
|
–
|
Total SSAP No. 97 8b(iv) Entities
|
XXX
|
$
|
–
|
$
|
–
|
$
|
–
|
|
Total SSAP No. 97 8b Entities (except 8bi entities) (b+c+d+e)
|
XXX
|
$
|
40,104
|
$
|
40,104
|
$
|
–
|
|
Aggregate Total (a+e)
|
XXX
|
$
|
40,104
|
$
|
40,104
|
$
|
–
|
SCA Entity (Should be same entities as shown in M(1) above.)
|
Type of NAIC Filing*
|
Date of Filing to the NAIC
|
NAIC Valuation Amount
|
NAIC Response Received Y/N
|
NAIC Disallowed Entities Valuation Method, Submission Required Y/N
|
Code**
|
|
SSAP No. 97 8a Entities
|
|||||||
None
|
$
|
–
|
|||||
Total SSAP No. 97 8a Entities
|
–
|
–
|
$
|
–
|
–
|
–
|
–
|
SSAP No. 97 8b(ii) Entities
|
|||||||
None
|
$
|
–
|
|||||
Total SSAP No. 97 8b(ii) Entities
|
–
|
–
|
$
|
–
|
–
|
–
|
–
|
SSAP No. 97 8b(iii) Entities
|
|||||||
REAL ESTATE ALTERN PORT 3A INC
|
S2
|
12/21/2016
|
$
|
14,215
|
Y
|
N
|
I
|
INTERSECURITIES INS AGENCY INC
|
NA
|
–
|
N
|
N
|
I
|
||
TRANSAMERICA ASSET MANAGEMENT INC
|
S2
|
11/16/2016
|
47,762
|
Y
|
N
|
I
|
|
TRANSAMERICA FUND SERVICES INC
|
NA
|
–
|
N
|
N
|
I
|
||
WORLD FIN GRP INSURANCE AGENCY INC
|
NA
|
–
|
N
|
N
|
I
|
||
AEGON DIRECT MARKETING SVC INC
|
NA
|
–
|
N
|
N
|
I
|
||
Total SSAP No. 97 8b(iii) Entities
|
–
|
–
|
$
|
61,977
|
|||
SSAP No. 97 8b(iv) Entities
|
|||||||
None
|
$
|
–
|
–
|
–
|
–
|
||
Total SSAP No. 97 8b(iv) Entities
|
–
|
–
|
$
|
–
|
–
|
–
|
–
|
Total SSAP No. 97 8b Entities (except 8bi entities) (b+c+d+e)
|
–
|
–
|
$
|
61,977
|
–
|
–
|
–
|
Aggregate Total (a+e)
|
–
|
–
|
$
|
61,977
|
–
|
–
|
–
|
* S1 – Sub1, S2 – Sub2 or RDF – Resubmission of Disallowed Filing
|
|||||||
** I – Immaterial or M – Material
|
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
|
$ 558,092
|
||||
100 Vanguard Blvd.
|
Annuities
|
||||||||
Malvern, PA 19355
|
|||||||||
Gallagher Bollinger, Inc.
|
22-0781130
|
No
|
Group A&H, Life
|
C, CA, P, U
|
26,830
|
||||
101 JFK Parkway
|
|||||||||
Short Hills, NJ 07078
|
|||||||||
Affinion Group
|
20-0641090
|
No
|
AD&D
|
P
|
141,151
|
||||
6 High Ridge Park
|
|||||||||
Stamford, CT 06905
|
|||||||||
All Other TPA Premiums
|
102
|
||||||||
Total
|
$ 726,175
|
C-
|
Claims Payment
|
B-
|
Binding Authority1%
|
P-
|
Premium Collection
|
December 31
|
||
2016
|
2015
|
|
Aggregate maximum potential of future payments
|
||
of all guarantees (undiscounted)
|
$ 39
|
$ 72
|
Current liability recognized in financial statements:
|
||
Noncontingent liabilities
|
–
|
–
|
Contingent liabilities
|
–
|
–
|
Ultimate financial statement impact if action required:
|
||
Incurred claims
|
–
|
–
|
Other
|
39
|
$ 72
|
Total impact if action required
|
$ 39
|
$ 72
|
Year Ended December 31
|
||
2016
|
2015
|
|
Membership Stock:
|
||
Class A
|
$ –
|
$ –
|
Class B
|
10,000
|
10,000
|
Activity Stock
|
63,000
|
16,000
|
Excess Stock
|
–
|
–
|
Total
|
$ 73,000
|
$ 26,000
|
6 Months to
|
1 to Less
|
|||
Less Than
|
Less Than 1
|
Than 3
|
3 to 5
|
|
6 Months
|
Year
|
Years
|
Years
|
|
Membership Stock
|
||||
Class A
|
$ –
|
$ –
|
$ –
|
$ –
|
Class B
|
–
|
–
|
–
|
10,000
|
Total
|
$ –
|
$ –
|
$ –
|
$ 10,000
|
Fair Value
|
Carry Value
|
|
December 31, 2016
|
||
Total Collateral Pledged
|
$ 1,924,639
|
$ 1,883,635
|
Fair Value
|
Carry Value
|
|
Decemeber 31, 2015
|
||
Total Collateral Pledged
|
$ 925,622
|
$ 895,353
|
Fair Value
|
Carry Value
|
|
2016
|
||
Maximum Collateral Pledged
|
$ 1,924,639
|
$ 1,883,635
|
Fair Value
|
Carry Value
|
|
2015
|
||
Maximum Collateral Pledged
|
$ 954,381
|
$ 898,749
|
Funding
|
||
Agreements
|
||
General
|
Reserves
|
|
Account
|
Established
|
|
December 31, 2016
|
||
Debt
|
$ 1,175,000
|
$ –
|
Funding agreements
|
400,000
|
400,157
|
Other
|
–
|
–
|
Total
|
$ 1,575,000
|
$ 400,157
|
Funding
|
||
Agreements
|
||
General
|
Reserves
|
|
Account
|
Established
|
|
December 31, 2015
|
||
Debt
|
$ –
|
$ –
|
Funding agreements
|
400,000
|
–
|
Other
|
–
|
–
|
Total
|
$ 400,000
|
$ –
|
General
|
|
Account
|
|
2016
|
|
Debt
|
$ 1,175,000
|
Funding agreements
|
400,000
|
Other
|
–
|
Total
|
$ 1,575,000
|
Does the Company have
|
||
prepayment obligations
|
||
under the following
|
||
arrangements (yes/no)?
|
||
Debt
|
NO
|
|
Funding Agreements
|
NO
|
|
Other
|
N/A
|
Fair Value
|
||
Open
|
$
|
170,150
|
30 days or less
|
–
|
|
31 to 60 days
|
–
|
|
61 to 90 days
|
–
|
|
Greater than 90 days
|
–
|
|
Total
|
170,150
|
|
Securities received
|
–
|
|
Total collateral received
|
$
|
170,150
|
December 31,
|
|
2016
|
|
Balance Sheet:
|
|
Total assets as reported in the company's Annual Statement
|
41,515,552
|
Decrease Cash, cash equivalents and short-term investments
|
(40,000)
|
Increase accounts receivable
|
40,000
|
Decrease in other assets
|
(34,708)
|
Total assets as reported in the accompanying audited
|
|
statutory basis balance sheet
|
41,480,844
|
Liabilities as reported in the Company's Annual Statement
|
39,837,875
|
Decrease in Remmittances and items not allocated
|
(34,708)
|
Total liabilities as reported in the accompanying audited
|
|
statutory basis balance sheet
|
39,803,167
|
December 31,
|
|
2016
|
|
Statement of Cash Flow
|
|
Total net cash from operations in the Company's Annual Statement
|
2,614,332
|
Decrease Premiums collected, net of reinsurance
|
(2,886,342)
|
Increase Benefit and loss related payments
|
787,920
|
Total net cash from operations in the accompanying
|
|
audited statutory basis statement of cash flow
|
(272,010)
|
Total net cash from financing and miscellaneous sources in the
|
|
Company's Annual Statement
|
(1,011,385)
|
Decrease Reinsurance on deposit-type contracts and other
|
|
insurance liabilities
|
(1,300,249)
|
Increase Funds held under reinsurance treaties
|
|
with unauthorized reinsurers
|
3,398,671
|
Decrease other cash (applied) provided
|
(40,000)
|
Total net cash from financing and miscellaneous sources in the
|
|
accompanying audited statuotry basis satement of cash flow
|
1,047,037
|
Net change in cash, cash equivalents and short-term investments
|
|
due to reconciliation
|
(40,000)
|
Transamerica Corporation
|
|
EIN: 42-1484983
|
|
AFFILIATIONS SCHEDULE
|
|
YEAR ENDED DECEMBER 31, 2016
|
|
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 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 Properties Inc
|
27-1275705
|
Commonwealth General Corporation
|
51-0108922
|
Creditor Resources Inc
|
42-1079584
|
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, 2016
|
|
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
|
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
|
TLIC Watertree Reinsurance Inc
|
81-3715574
|
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 Corporation
|
|
EIN: 42-1484983
|
|
AFFILIATIONS SCHEDULE
|
|
YEAR ENDED DECEMBER 31, 2016
|
|
Attachment to Note 7
|
|
Entity Name
|
FEIN
|
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
|
Transamerica Financial Advisors FKA InterSecurities
|
59-2476008
|
Transamerica Financial Life Insurance Company
|
36-6071399
|
Transamerica Fund Services Inc
|
59-3403587
|
Transamerica Home Loan
|
95-4390993
|
Transamerica International Re (Bermuda) Ltd
|
98-0199561
|
Transamerica Investors Securities Corp
|
13-3696753
|
Transamerica Leasing Holdings Inc
|
13-3452993
|
Transamerica Life Insurance Company
|
39-0989781
|
Transamerica Pacific Insurance Co Ltd
|
94-3304740
|
Transamerica Premier Life Insurance Company
|
52-0419790
|
Transamerica Resources Inc (FKA: Nat Assoc Mgmt)
|
52-1525601
|
Transamerica Small Business Capital Inc
|
36-4251204
|
Transamerica Stable Value Solutions Inc
|
27-0648897
|
Transamerica Vendor Financial Services Corporation
|
36-4134790
|
United Financial Services Inc
|
52-1263786
|
WFG China Holdings Inc
|
20-2541057
|
World Fin Group Ins Agency of Massachusetts Inc
|
04-3182849
|
World Financial Group Inc
|
42-1518386
|
World Financial Group Ins Agency of Hawaii Inc
|
99-0277127
|
World Financial Group Insurance Agency of WY Inc
|
42-1519076
|
World Financial Group Insurance Agency
|
95-3809372
|
Zahorik Company Inc
|
95-2775959
|
Zero Beta Fund LLC
|
26-1298094
|
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
|
$ 1,918,664
|
$ 1,918,639
|
$ 1,933,300
|
|
States, municipalities and political
|
||||
subdivisions
|
546,657
|
555,409
|
546,651
|
|
Foreign governments
|
215,641
|
224,479
|
215,641
|
|
Hybrid securities
|
316,139
|
309,163
|
316,139
|
|
All other corporate bonds
|
10,236,957
|
11,416,457
|
10,218,485
|
|
Preferred stocks
|
10,681
|
9,818
|
10,449
|
|
Total fixed maturities
|
13,244,739
|
14,433,964
|
13,240,665
|
|
Equity securities
|
||||
Common stocks:
|
||||
Industrial, miscellaneous and all
|
||||
other
|
73,117
|
111,964
|
111,964
|
|
Total equity securities
|
73,117
|
111,964
|
111,964
|
|
Mortgage loans on real estate
|
1,598,685
|
1,598,685
|
||
Real estate
|
226,688
|
226,688
|
||
Policy loans
|
926,400
|
926,400
|
||
Other long-term investments
|
257,527
|
257,527
|
||
Receivable for Securities
|
1,154
|
1,154
|
||
Securities Lending
|
425,875
|
425,875
|
||
Cash, cash equivalents and short-term
|
||||
investments
|
1,134,273
|
1,134,273
|
||
Total investments
|
$ 17,888,458
|
$ 17,923,232
|
||
(1)
|
Original cost of equity securities and, as to fixed maturities, original cost reduced by
|
|||
repayments and adjusted for amortization of premiums or accrual of discounts.
|
||||
(2)
|
United States government, state, municipal and political, hybrid and corporate bonds of $31,157 are held at fair value rather than amortized cost due to having an NAIC 6 rating. A preferred stock security is held at its fair value of $7,326 due to having an NAIC 6 rating.
|
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, 2016
|
||||||||
Individual life
|
$ 7,871,102
|
$ –
|
$ 108,989
|
$ 1,280,727
|
$ 374,691
|
$ 1,021,572
|
$ 780,254
|
|
Individual health
|
943,236
|
25,921
|
52,368
|
604,965
|
48,396
|
583,032
|
184,394
|
|
Group life and health
|
602,867
|
23,520
|
81,892
|
625,305
|
31,012
|
344,371
|
282,335
|
|
Annuity
|
3,344,133
|
–
|
539
|
764,576
|
314,418
|
1,180,579
|
(112,011)
|
|
$ 12,761,338
|
$ 49,441
|
$ 243,788
|
$ 3,275,573
|
$ 768,517
|
$ 3,129,554
|
$ 1,134,972
|
||
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
|
SCHEDULE IV
|
||||||
Assumed
|
Percentage
|
|||||
Ceded to
|
From
|
of Amount
|
||||
Gross
|
Other
|
Other
|
Net
|
Assumed
|
||
Amount
|
Companies
|
Companies
|
Amount
|
to Net
|
||
Year ended December 31, 2016
|
||||||
Life insurance in force
|
$ 219,520,173
|
$ 73,369,751
|
$ 338,978
|
$ 146,489,399
|
0%
|
|
Premiums:
|
||||||
Individual life
|
$ 1,719,001
|
$ 448,239
|
$ 9,965
|
$ 1,280,727
|
1%
|
|
Individual health
|
228,511
|
1,676
|
378,130
|
604,965
|
63%
|
|
Group life and health
|
630,029
|
85,628
|
80,904
|
625,305
|
13%
|
|
Annuity
|
723,545
|
(2,072,383)
|
(2,031,352)
|
764,576
|
-266%
|
|
$ 3,301,086
|
$ (1,536,840)
|
$ (1,562,353)
|
$ 3,275,573
|
-48%
|
||
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%
|
||
(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 (12)
|
|
(iii)
|
Resolution of WRL Board of Directors authorizing Plan of Merger and attached Plan of Merger (12)
|
|
(iv)
|
Resolution authorizing Re-Domestication of Separate Account (12)
|
|
(b)
|
Not Applicable
|
|
(c)
|
Underwriting Contracts
|
|
(i)
|
Amended and Restated Principal Underwriting Agreement between Transamerica Capital Inc. and Monumental Life dated March 1, 2013 (14)
|
|
(ii)
|
Amendment No. 1 to the Amended and Restated Principal Underwriting Agreement between Transamerica Capital, Inc. and Transamerica Premier Life Insurance Company (formerly, Monumental Life) dated July 31, 2014 (12)
|
|
(d)
|
Contracts
|
|
(i)
|
Specimen Flexible Premium Variable Life Insurance Policy (1)
|
|
(ii)
|
Endorsement (EL101) (2)
|
|
(iii)
|
Terminal Illness Accelerated Death Benefit Rider (1)
|
|
(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) (15)
|
|
(ii)
|
Amended By-Laws of TPLIC (formerly, Monumental Life Insurance Company) (12)
|
|
(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)
|
|
(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 (11)
|
|
(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 (11)
|
|
(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 (11)
|
|
(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 (11)
|
|
(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 (11)
|
|
(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 (16)
|
|
(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 (16)
|
(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 (16)
|
|
( i x)
|
Amended Schedule A to Participation Agreement dated 12-18-2015 (TST) (17)
|
|
(x)
|
Amended Schedule A to Participation Agreement dated 3-21-2016 (TST) (17)
|
|
(xi)
|
Amended Schedule A to Participation Agreement dated 5-01-2016 (TST) (17)
|
|
Amended Schedule A to Participation Agreement dated 12-16-2016 (TST) (18)
|
||
Amended Schedule A to Participation Agreement dated 5-1-2017 (TST) (18)
|
||
(xii)
|
Participation Agreement Among Variable Insurance Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 12-1-2000 (16)
|
|
(xiii)
|
Amendment No. 1 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 3-8-2004 (16)
|
|
(xiv)
|
Amendment No. 2 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 5-1-2005 (16)
|
|
(xv)
|
Amendment No. 3 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 6-27-2007 (16)
|
|
(xvi)
|
Amendment No. 4 to Participation Agreement Among Variable Products' Funds, Fidelity Distributors Corporation and Peoples Benefit Life Insurance Company dated 10-1-2007 (16)
|
|
(xvii)
|
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 (16)
|
|
(x vii i)
|
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 (16)
|
|
(xix)
|
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 (16)
|
|
(xx)
|
Summary Prospectus Agreement between WRL and Fidelity Distributors Corporation dated May 1, 2011 (9)
|
|
(xxi)
|
Participation Agreement Among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated June 6, 2006 (4)
|
|
(xxii)
|
Amendment No. 1 to Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated June 1, 2007 (5)
|
|
(xxiii)
|
Amendment No. 2 to Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated August 30, 2008 (5)
|
|
(xxiv)
|
Amendment No. 3 to Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFund Advisors LLC dated February 28, 2008. (6)
|
|
(xxv)
|
Amendment No. 5 to ProFunds Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFunds Advisors LLC dated May 1, 2012 (9)
|
|
(xxvi)
|
Amendment No. 6 to Participation Agreement among Westerner Reserve Life Assurance Co. of Ohio and ProFunds, Access One Trust and ProFund Advisors LLC dated May 1, 2013 (11)
|
|
(xxvii)
|
Amendment No. 7 to Participation Agreement among Transamerica Premier Life Insurance Company and ProFunds, Access One Trust and ProFund Advisors LLC dated June 2, 2016 (18)
|
|
(xxi ii )
|
Confidentiality Amendment to ProFunds Participation Agreement among Western Reserve, ProFunds, Access One Trust and ProFunds Advisors LLC dated February 22, 2012 (9)
|
|
(xxix)
|
Participation Agreement between AllianceBernstein Variable Products Series Fund, Inc. and TPLIC (formerly Monumental) dated August 2, 2000 (13)
|
|
(xxx)
|
Amendment to Participation Agreement Among AllianceBernstein Variable Products Series Fund, Inc. and TPLIC dated May 9, 2008 (13)
|
|
(xxxi)
|
Amendment No. 2 to Participation Agreement between AllianceBernstein Variable Products Series Fund, Inc. and TPLIC dated April 25, 2013 (14)
|
|
(xxxii)
|
Amendment No. 3 to Participation Agreement between AllianceBernstein Variable Products Series Fund, Inc. and TPLIC dated April 30, 2014 (15)
|
|
(xxxiii)
|
Amendment No. 4 to Participation Agreement between AllianceBernstein Variable Products Series Fund, Inc. and TPLIC dated October 1, 2014 (12)
|
(xxx i v)
|
Amended Schedule A to Participation Agreement dated 5-1-2015 (17)
|
|
(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 (7)
|
|
(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 (7)
|
|
(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 (10)
|
|
(xxxiii)
|
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 (9)
|
|
(xxxix)
|
Addendum to Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., Western Reserve and Transamerica Capital, Inc. dated May 1, 2011(8)
|
|
(xl)
|
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 (11)
|
|
(xli)
|
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 (16)
|
|
(xlii)
|
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 (16)
|
|
(xliii)
|
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 (16)
|
|
(i)
|
Not Applicable
|
|
(j)
|
Not Applicable
|
|
(k)
|
Legal Opinion
|
|
(i)
|
Legal Opinion and Consent of Arthur D. Woods, Esq. as to the Legality of the Securities being Registered (1 9 )
|
|
(l)
|
Actuarial Opinion
|
|
N/A
|
||
(m)
|
Sample Hypothetical Illustration (4)
|
|
(n)
|
Other Opinions:
|
|
(i)
|
Written Consent of PricewaterhouseCoopers LLP ( 19 )
|
|
(o)
|
Not Applicable
|
|
(p)
|
Not Applicable
|
|
(q)
|
Redeemability Exemption
|
|
(i)
|
Memorandum describing issuance, transfer and redemption procedures (1)
|
|
(r)
|
Powers of Attorney (1 8 )
|
|
(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 Post-Effective Amendment No. 1 to Form N-6 Registration Statement dated April 22, 2003 (File No. 333-100993) and is incorporated herein by reference.
|
(4)
|
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.
|
(5)
|
This exhibit was previously filed on Post-Effective Amendment No. 1 to Form N-6 Registration Statement dated October 16, 2007 (File No. 333- 144117 ) and is incorporated herein by reference.
|
(6)
|
This exhibit was previously filed on Post-Effective Amendment No. 6 to Form N-6 Registration Statement dated April 14, 2008 (File No. 333- 110315 ) and is incorporated herein by reference.
|
(7)
|
This exhibit was previously filed on Post-Effective Amendment No. 6 to Form N-6 Registration Statement dated April 27, 2009 (File No. 333-135005) and is incorporated herein by reference.
|
(8)
|
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.
|
(9)
|
This exhibit 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.
|
(10)
|
This exhibit 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.
|
(11)
|
This exhibit previously filed on Post-Effective amendment No. 16 to Form N-6 Registration Statement dated April 2 9 , 2014 (File No. 333-110315) and is incorporated herein by reference.
|
(12)
|
This exhibit was previously filed on the Initial Filing to Form N-6 Registration Statement dated October 1, 2014 (File No. 333-199047) and is incorporated herein by reference.
|
(13)
|
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.
|
(14)
|
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.
|
(15)
|
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.
|
(16)
|
This exhibit was previously filed on Post-Effective Amendment No. 1 to Form N-6 Registration Statement dated April 28, 2015 (File No. 333-199047) and is incorporated herein by reference .
|
(17)
|
This exhibit was previously filed on Post-Effective Amendment No. 2 to Form N-6 Registration Statement dated April 26, 2016 (File No. 333-199047) and is incorporated herein by reference .
|
(18)
|
This exhibit was previously filed on Post-Effective Amendment No. 3 to Form N-6 Registration Statement dated April 26, 2017 (File No. 333-199047) and is incorporated herein by reference.
|
(1 9 )
|
Filed herewith.
|
Name
|
Principal Business Address
|
Position and Offices with Depositor
|
Blake B. Bostwick
|
(1)
|
Director and President
|
C. Michiel van Katwijk
|
(2)
|
|
Mark W. Mullin
|
(2)
|
Director and Chairman of the Board
|
Jay Orlandi
|
(2)
|
Director, Executive Vice President, General Counsel and Secretary
|
David Schulz
|
(3)
|
Director, Chief Tax Officer and Senior Vice President
|
Eric J. Martin
|
(3)
|
Assistant Treasurer, Controller and Senior Vice President
|
|
|
|
|
Name
|
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 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 Community Investments 50, LLC
|
Delaware
|
Members: Aegon Community Investments 50, LLC (0.10%); Transamerica Financial Life Insurance
Company (25.49750%); Transamerica Premier Life Insurance Company (25.49750%); non-AEGON
affiliate, Citibank, N.A. (48.9950%)
|
Investments
|
Aegon Community Investments 51, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
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
|
Sole Member: Transamerica Corporation
|
Issue debt securities-net proceeds used to make loans to affiliates
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Aegon Global Services, LLC
|
Iowa
|
Sole Member: Commonwealth General Corporation
|
Holding company
|
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 LIHTC Fund 50, LLC
|
Delaware
|
Members: Aegon Community Investments 50, LLC
(0.01%); Transamerica Financial Life Insurance Company (25.49750%); Transamerica Premier Life Insurance
Company (25.49750%); non-Sole Member: Aegon
Community Investments 50, LLC
managing member)
|
Investments
|
Aegon LIHTC Fund 51, LLC
|
Delaware
|
Sole Member: Aegon Community Investments 51, LLC
|
Investments
|
AEGON Managed Enhanced Cash, LLC
|
Delaware
|
Members: Transamerica Life Insurance Company
(84.3972%) ; Transamerica Premier Life Insurance Company (15.6028%)
|
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
|
Sole Member: AUSA Holding, LLC
|
Holding company
|
AEGON USA Investment Management, LLC
|
Iowa
|
Sole Member: 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
|
Sole Member: FGH USA LLC
|
Real estate
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
ALH Properties Eleven LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
ALH Properties Four LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
ALH Properties Nine LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
ALH Properties Seven LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
ALH Properties Seventeen LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
ALH Properties Sixteen LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
ALH Properties Ten LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
ALH Properties Twelve LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
ALH Properties Two LLC
|
Delaware
|
Sole Member: 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
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
AMTAX HOLDINGS 613, LLC
|
Ohio
|
Garnet LIHTC Fund VII, LLC - 99% member; Cupples
State LIHTC Investors, LLC - 1% member; TAH
Pentagon , LLC - non-owner manager
|
Affordable housing
|
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
|
Sole Member: Garnet LIHTC Fund XXXV, LLC
|
Affordable housing
|
AUIM Credit Opportunities Fund, Ltd.
|
Delaware
|
100% AEGON USA Investment Management, LLC
|
Investment vehicle
|
AUSA Holding, LLC
|
Maryland
|
Sole Member: 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
|
Barfield Ranch Associates, LLC
|
Florida
|
Members: Mitigation Manager, LLC (50%); non-affiliate
of AEGON, OBPFL-Barfield, LLC (50%)
|
Investments
|
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
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments in low income housing tax credit properties
|
Bay State Community Investments II, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments in low income housing tax credit properties
|
Carle Place Leasehold SPE, LLC
|
Delaware
|
Sole Member: Transamerica Financial Life Insurance
Company
|
Lease holder
|
Cedar Funding, Ltd.
|
Cayman Islands
|
100% Transamerica Life Insurance Company
|
Investments
|
Commonwealth General Corporation
|
Delaware
|
100% Transamerica Corporation
|
Holding company
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
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
|
Sole Member: Garnet LIHTC Fund VIII, LLC
|
Investments
|
FD TLIC, Limited Liability Company
|
New York
|
100% Transamerica Life Insurance Company
|
Broadway production
|
FGH Realty Credit LLC
|
Delaware
|
Sole Member: FGH USA, LLC
|
Real estate
|
FGH USA LLC
|
Delaware
|
Sole Member: RCC North America LLC
|
Real estate
|
FGP 90 West Street LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
FGP West Street LLC
|
Delaware
|
Sole Member: FGP West Mezzanine LLC
|
Real estate
|
Fifth FGP LLC
|
Delaware
|
Sole Member: 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
|
Sole Member: FGH USA LLC
|
Real estate
|
Fourth FGP LLC
|
Delaware
|
Sole Member: 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
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments III, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Business investments
|
Garnet Community Investments IV, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments V, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments VI, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet Community Investments VII, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments VIII, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments IX, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments X, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments XI, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments XII, LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance
Company
|
Investments
|
Garnet Community Investments XVIII, LLC
|
Delaware
|
Sole Member: 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
|
Sole Member: 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 Community Investments XLVIII, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Garnet Community Investments XLIX, LLC
|
Delaware
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Garnet ITC Fund XLIII, LLC
|
Delaware
|
Members: Garnet Community Investments XLIII, LLC (0%)
asset manager: non-affiliate of AEGON, Solar TC Corp.
(100%) investor member
|
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
|
Garnet LIHTC Fund VI, LLC
|
Delaware
|
Members: Garnet Community Investments VI, LLC
(0.01%); Pydna Corporation, a non-AEGON affiliate (99.99%)
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
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
|
Members: 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
|
Members: 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
|
Members: 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
|
Members: Garnet Community Investments XII, LLC (.01%);
NorLease, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XIII, LLC
|
Delaware
|
Members: 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
|
Members: Garnet Community Investments XII, LLC (.01%);
J.P. Morgan Chase Bank, N.A., a non-AEGON affiliate (99.99%)
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet LIHTC Fund XIII-B, LLC
|
Delaware
|
Members: Garnet Community Investments XII, LLC (.01%);
NorLease, Inc., a non-AEGON affiliate (99.99%)
|
Investments
|
Garnet LIHTC Fund XIV, LLC
|
Delaware
|
Members: 0.01% Garnet Community Investments, LLC (0.01%);
Wells Fargo Bank, N.A. (49.995%); and Goldenrod Asset
Management, Inc.(49.995%), both non-AEGON affiliates
|
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
|
Sole Member: Garnet Community Investments, LLC
|
Investments
|
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%); I
dacorp 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
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
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
(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
|
Garnet LIHTC Fund XXX, LLC
|
Delaware
|
Members: 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
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
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
|
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
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Garnet LIHTC Fund XLVI, LLC
|
Delaware
|
Members: Garnet Community Investments XLVI, LLC (0.01%)
managing member; non-affiliate of AEGON, Standard Life Insurance
Company (99.99%) investor member
|
Investments
|
Garnet LIHTC Fund XLVII, LLC
|
Delaware
|
Members: Garnet Community Investments XLVII, LLC (1%) managing
member; Transamerica Premire Life Insurance Company (14%)
member; non-affiliate of AEGON: Citibank, N.A. (49%) investor member;
New York Life Insurance Company (20.5%) investor member and New
York Life Insurance and Annuity Corporation (15.5%) investor member.
|
Investments
|
Garnet LIHTC Fund XLVIII, LLC
|
Delaware
|
Sole Member: Garnet Community Investments XLVIII, 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
|
Sole Member: Interstate North Office Park Owner, LLC
|
Investments
|
Interstate North Office Park, LP
|
Delaware
|
100% Interstate North Office Park Owner, LLC
|
Investments
|
Interstate North Office Park Owner, LLC
|
Delaware
|
Sole Member: Investors Warranty of America, LLC
|
Investments
|
Interstate North Office Park (Land) GP, LLC
|
Delaware
|
Sole Member: Interstate North Office Park Owner, LLC
|
Investments
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Interstate North Office Park (Land) LP
|
Delaware
|
100% Interstate North Office Park Owner, LLC
|
Investments
|
Investors Warranty of America, LLC
|
Iowa
|
Sole Member: Transamerica Life Insurance Company
|
Leases business equipment
|
Ironwood Re Corp.
|
Hawaii
|
100% Transamerica Corporation
|
Captive insurance company
|
LCS Associates, LLC
|
Delaware
|
Sole Member: 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
|
LIHTC Fund XLIX, LLC
|
Delaware
|
Sole Member: Garnet Community Investments XLIX, LLC
|
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
|
Sole Member: 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 certain financial services for affiliates including, but not limited to, certain intellectual property, computer and computer-related software and hardware services, including procurement and contract services to some or all of the members of the AEGON Group in the United States and Canada.
|
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
|
Members: AEGON Institutional Markets, Inc.(50%); AEGON USA
Realty Advisors, Inc. (50%)
|
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
|
Osceola Mitigation Partners, LLC
|
Florida
|
Members: Mitigation Manager, LLC (50%); non-affiliate of
AEGON, OBPFL-MITBK, LLC (50%)
|
Investmetns
|
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
|
Placer 400 Investors, LLC
|
California
|
Members: Investors Warranty of America, LLC (50%); non-affiliate
of AEGON, AKT Placer 400 Investors, LLC (50%)
|
Investments
|
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
|
Sole Member: Transamerica Corporation
|
Real estate
|
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% );
Transamerica Premier Life Insurance Company (25.6%). Manager:
AEGON USA Realty Advisors, Inc.
|
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: 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: 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
|
Sole Member: Transamerica Life Insurance Company
|
Investments
|
Second FGP LLC
|
Delaware
|
Sole Member: FGH USA LLC
|
Real estate
|
Seventh FGP LLC
|
Delaware
|
Sole Member: 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
|
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
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
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.
|
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
|
TLIC Watertree 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
|
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
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Transamerica Aviation LLC
|
Delaware
|
Sole Member: 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
|
Transamerica International Direct Marketing Consultants, LLC
|
Maryland
|
Members: 51% Beth Lewellyn; 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
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
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
|
Sole Member: Transamerica Premier Life Insurance Company
|
Realty limited liability company
|
Transamerica Realty Investment Properties LLC
|
Delaware
|
Sole Member: Transamerica Premier Life Insurance Company
|
Realty limited liability company
|
TABR Realty Services, LLC
|
Delaware
|
Sole Member: AUSA Holding, LLC
|
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
|
Sole Member: Transamerica Retirement Solutions, LLC
|
Investment advisor
|
Transamerica Retirement Insurance Agency, LLC
|
Delaware
|
Sole Member: Transamerica Retirement Solutions, LLC
|
Conduct business as an insurance agency.
|
Transamerica Retirement Solutions, LLC
|
Delaware
|
Sole Member: AUSA Holding, LLC
|
Retirement plan services.
|
Transamerica Small Business Capital, Inc.
|
Delaware
|
100% TCFC Asset Holdings, Inc.
|
Holding company
|
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
|
Sole Member: Money Services, Inc.
|
Travel and conference services
|
Transamerica Vendor Financial Services Corporation
|
Delaware
|
100% TCFC Asset Holdings, Inc.
|
Provides commercial leasing
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Transamerica Ventures, LLC
|
Delaware
|
Sole Member: 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
|
Sole Member: 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
|
Sole Member: World Financial Group, Inc.
|
Marketing
|
WFG Reinsurance Limited
|
Hawaii
|
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
|
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
|
Name
|
Jurisdiction of Incorporation
|
Percent of Voting
Securities Owned |
Business
|
Zahorik Company, Inc.
|
California
|
100% AUSA Holding, LLC
|
Inactive
|
Zero Beta Fund, LLC
|
Delaware
|
Members are: Transamerica Life Insurance
Company (71.6%
Insurance Company (16.8%); Transamerica
Financial Life Insurance Company (9.3%); Firebird
Re Corp. (1.7%); Transamerica Advisors Life Insurance Company (0.7%). Manager: AEGON USA Investment Management LLC
|
Aggregating vehicle formed to hold various fund investments.
|
(a)
|
Transamerica Capital, Inc. serves as the principal underwriter for:
|
(b)
|
Directors and Officers of Transamerica Capital, Inc.:
|
Name
|
Principal
Business Address
|
Position and Offices with Underwriter
|
Brian Beitzel
|
(2)
|
Director, Treasurer and Chief Financial Officer
|
Joe Boan
|
(1)
|
Director and Vice President
|
David R. Paulsen
|
(3)
|
Director, Chief Executive Officer, President and Chairman of the Board
|
Mike Curran
|
(3)
|
Chief Compliance Officer
|
Amy E. Angle
|
(2)
|
Secretary
|
Vincent J. Toner
|
(3)
|
Vice President
|
John Koehler
|
(3)
|
Vice President
|
Alison Ryan
|
(4)
|
Assistant Secretary
|
Name of Principal Underwriter
|
Net Underwriting
Discounts and
Commissions*
|
Compensation on Redemption
|
Brokerage Commissions
|
Compensation
|
Transamerica Capital, Inc.
|
0
|
0
|
0
|
0
|
WRL SERIES LIFE ACCOUNT
|
(Registrant)
|
Transamerica Premier Life Insurance Company
|
(depositor)
|
By: Blake S. Bostwick*
|
Director and President
|
of Transamerica Premier Life Insurance Company
|
Blake S. Bostwick*
Blake S. Bostwick
|
Director and President
|
C. Michiel van Katwijk*
C. Michiel van Katwijk
|
Director, Chief Financial Officer,
Executive Vice President and Treasurer
|
Mark W. Mullin*
Mark W. Mullin
|
Director and Chairman of the Board
|
Jay Orlandi*
Jay Orlandi
|
Director, Executive Vice President, General Counsel
And Secretary
|
David Schulz*
David Schulz
|
Director, Chief Tax Officer and Senior Vice President
|
Eric J. Martin*
Eric J. Martin
|
Assistant Treasurer, Controller and Senior Vice President
|
s/ Arthur D. Woods
*By: Arthur D. Woods
|
Exhibit
No.
|
Description
of Exhibit
|
26(k)(i)
|
Opinion and Consent of Arthur D. Woods, Esq. as to the Legality of the Securities being Registered
|
26(n)(i)
|
Written Consent of PricewaterhouseCoopers 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.
|
The Separate Account has been duly created and validly exists as a separate account pursuant to Iowa Insurance Law.
|
|
3.
|
Iowa Insurance Law Section 508A.1 provides that the portion of the assets of the Separate Account equal to the reserves and other liabilities for variable benefits under the Policies is not 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, will be 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.
Transamerica Premier Life Insurance Company
|