Transamerica Corporation

The Transamerica Corporation is an American holding organization for different disaster protection organizations and speculation firms working together essentially in the United States, offering life and supplemental medical coverage, ventures, and retirement administrations. The organization's principle workplaces are in Baltimore, Maryland and Cedar Rapids, Iowa, with associated workplaces situated all through the United States. In 1999, it turned into an auxiliary of Aegon.

Transamerica stores the Transamerica Institute, a not-for-profit establishment which contains the Transamerica Center for retirement and health studies.

In October of 1904, A.P. Giannini established the Bank of Italy in San Francisco, which later got to be known as Bank of America.In 1928, Giannini put the banks into a holding organization he named the Transamerica Corporation. In 1930, the organization gained Occidental Life Insurance Company, which had been established in 1906. Step by step, the organization turned into a more expanded combination which incorporated the film studio United Artists, Transamerica Airlines, and Budget Rent A Car.

In 1972, development of the Transamerica Pyramid high rise in San Francisco was finished, which served as the organization's home office for a long time. Despite the fact that it as of now holds just a little vicinity in the building, it is still delineated in the organization's logo and advertising materials.

In the 1980s, Transamerica started to strip and concentrated only on monetary administrations. It was in the long run pared down to three primary item divisions: protection, speculations, and retirement. In July 1999, with Frank C. Herringer as CEO, Transamerica Corporation was gained by Aegon, an insurance agency situated in the Netherlands. Transamerica Occidental was converged into Transamerica Life Insurance Company October 1, 2008.
Transamerica essentially offers protection and money related administrations. Sorts of life and health care coverage strategies offered incorporate term life, entire life, all inclusive life, variable widespread life, coincidental demise, Medicare supplement,and long haul care. Transamerica organizations likewise offer an assortment of shared assets and annuities.

Transamerica's retirement division offers characterized advantage annuity arranges and characterized commitment retirement arranges, including 401(k) and 403(b), 457, benefit sharing, cash buy, money parity, Taft-Hartley, various business arranges, nonqualified conceded remuneration, and rollover singular retirement accounts. Different administrations incorporate arrangement level recordkeeping and managerial administrations, member correspondences and instruction administrations, guardian hazard relief administrations, open speculation design, and consistence direction and administrative backing.