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TRANSAMERICA ADVISORS LIFE INSURANCE Co

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2018 10-Q, filed Nov 14, 2018. Its latest SEC filing is a 15-15D/A from Dec 21, 2018.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Services annuity and life insurance policies for contract owners, including variable annuities and variable and whole life coverage.

How Did They Make Money?

It collects fees and policy charges on annuity and life policies when charges are assessed or earned, and earns investment income and spreads on contract-owner deposits as that income is earned.

FY2017 revenue

Who Were Their Customers?

Serves owners of existing annuity contracts and life insurance policies.

Did Revenues Turn Into Profits?

Yes. It kept 46 cents of every revenue dollar as net income in FY2017.

Net income, FY2017
46% of revenue
▲ Now profitable vs FY2016 (−$20.5M, −12%)

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q3 FY2018, the three months to Sep 30, 2018
Revenue
▼ −28%
vs $60.4M in Q3 FY2017
Net income
▼ −21%
vs $25.9M in Q3 FY2017
  • Dec 6, 2018 Plans to merge with Transamerica Life Insurance Company The planned merger was expected to generate approximately USD 200 million in capital.

Grew. Revenue grew 6.4x in 4 years, from $33.8M in FY2013 to $216.8M in FY2017, about 59% a year.

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