Who Owns Transamerica?

Transamerica is owned by Aegon, a Netherlands based multinational insurance and financial services group, which has controlled Transamerica as an independent subsidiary since 1999.

Transamerica does not trade under its own stock ticker, since it operates as a wholly owned business unit within the larger Aegon corporate structure.

In a major 2026 development, Aegon is in the process of relocating its headquarters to the United States and renaming itself Transamerica Inc, effectively reversing the ownership direction of the two names.

Is Transamerica Publicly Traded or Privately Owned?

Transamerica itself is privately held as a subsidiary and does not issue its own publicly traded shares.

Its parent, Aegon, is publicly traded, with shares listed on Euronext Amsterdam and also on the New York Stock Exchange.

Once the planned redomicile completes, the renamed Transamerica Inc will continue to trade publicly, keeping listings in both Amsterdam and New York according to company statements.

What Company Owns Transamerica?

Transamerica has been owned by Aegon since Aegon acquired the company in 1999, making it one of the largest life insurance and retirement providers under Aegon global umbrella.

Aegon is a diversified insurer offering life insurance, pensions, retirement solutions and asset management across the United States, United Kingdom and several other markets, a history documented on Wikipedia.

Transamerica represents roughly 70 percent of Aegon overall operating business today, making it by far the parent company most valuable and important subsidiary.

Is Aegon Becoming Transamerica? The 2026 Rebrand Explained

Yes, Aegon announced plans to relocate its legal domicile and headquarters to New York and rename itself Transamerica Inc, a shift the company says will simplify its corporate structure.

Aegon plans to seek shareholder approval at an extraordinary general meeting in the fourth quarter of 2026, with the full transition targeted for completion by January 1, 2028.

The move will align Aegon legal domicile, tax residency and accounting standards with its primary market, since Transamerica already represents the majority of its business.

Individual operating subsidiaries, including the existing Transamerica brand used by American consumers, are expected to keep their current brand identities rather than being consolidated or renamed again.

Aegon estimates the rebrand and relocation will cost approximately 350 million euros in one time implementation expenses, spread between the second half of 2025 and the first half of 2028.

Who Is the CEO of Aegon and Transamerica?

Lard Friese has served as Chief Executive Officer of Aegon and is leading the strategic shift toward the United States headquarters relocation and Transamerica rebrand.

Will Fuller, a veteran of Lincoln Financial and Merrill Lynch, was named Chief Operating Officer as part of the leadership team strengthening ahead of the New York headquarters transition.

How Was Transamerica Founded?

Transamerica traces its origins to 1904, when banker A.P. Giannini founded the Bank of Italy in San Francisco, which later became Bank of America.

In 1928, Giannini created Transamerica Corporation as a holding company for his growing collection of financial businesses, initially holding assets worth more than 1.5 billion dollars.

Transamerica later became known for its San Francisco pyramid headquarters building, an architectural landmark that remains associated with the brand even though Transamerica sold the building in 1999.

Aegon acquired Transamerica in 1999, folding it into its growing United States life insurance and retirement business.

What Services Does Transamerica Offer?

Transamerica provides life insurance, including term, whole and universal life policies, alongside supplemental health insurance products.

The company also offers retirement plan administration for employer sponsored 401(k) plans, along with annuities and mutual funds for individual retirement savers.

Transamerica investment services include target date funds and managed retirement accounts designed to help participants save through their working years and into retirement.

Is Transamerica a Good Company for Insurance and Retirement?

Transamerica holds strong financial strength ratings from major agencies, reflecting its backing by a large international parent with decades of insurance industry experience.

Customer reviews of Transamerica are mixed, with some policyholders praising affordable term life premiums while others note slower claims processing compared to smaller specialized insurers.

Employers offering Transamerica administered retirement plans generally benefit from established recordkeeping technology and a wide investment fund lineup, similar to what Mutual of Omaha provides through its own insurance and retirement offerings.

As with any insurer, shoppers should compare Transamerica quotes and policy terms against competitors before purchasing coverage.

Where Is Transamerica Headquartered?

Transamerica corporate operations are headquartered in Baltimore, Maryland, while its life insurance subsidiary, Transamerica Life Company, is based in Cedar Rapids, Iowa.

The company also maintains offices in Denver, Harrison New York, Toronto and Philadelphia supporting different business lines, similar to how The Hartford spreads its operations across multiple regional offices.

Once Aegon completes its planned relocation, the renamed Transamerica Inc parent company will be headquartered in New York City, alongside the existing United States operating offices.

Frequently Asked Questions About Transamerica Ownership

Is Transamerica the same company as Aegon?

Transamerica is currently a subsidiary of Aegon, though Aegon is in the process of renaming its entire parent company Transamerica Inc as part of a 2026 corporate restructuring.

Is Transamerica financially stable?

Transamerica maintains strong financial strength ratings, backed by the resources of its multinational parent Aegon, which reports its results under strict European and eventually United States accounting standards.

Who is the CEO of Transamerica?

Aegon Chief Executive Officer Lard Friese leads the overall organization, while Transamerica United States operations are guided by its own executive leadership team.

Why is Aegon changing its name to Transamerica?

Aegon is adopting the Transamerica name and moving its headquarters to New York because Transamerica already represents roughly 70 percent of its business, and the change aligns its legal and tax structure with its primary market.

Coverage of the relocation from trade press, including Insurance Business America, confirms Aegon will transition to United States GAAP accounting starting with full year 2027 results as part of the restructuring.

Aegon reported third quarter 2025 operating capital generation of roughly 340 million euros, giving the company financial flexibility to fund the multi year rebrand and relocation process.

For American consumers, the day to day Transamerica brand experience, including policy servicing, claims and retirement account access, is expected to remain unchanged throughout the corporate transition.