Transamerica is a leading American financial services company headquartered in Baltimore, Maryland. It operates under the umbrella of the Aegon Group, a Dutch multinational life insurance, pensions, and asset management company. Transamerica has a rich history dating back over a century.

It was founded in 1904 as the Bank of Italy by Amadeo Giannini in San Francisco, initially focusing on serving the needs of Italian immigrants. Over the years, it evolved and grew through mergers and acquisitions, eventually becoming Bank of America. In 1956, Transamerica Corporation was created as a holding company for various businesses, including banking, insurance, and transportation.

The company's headquarters was moved to San Francisco, and in 1972 it acquired Occidental Life Insurance Company, transforming Transamerica into a major player in the insurance industry. Transamerica offers a wide range of financial products and services, including life insurance, retirement products, wealth management solutions, and investment options such as mutual funds and annuities. They cater to individuals, businesses, and institutional clients.

On a global scale, Transamerica operates in several countries, including the United Kingdom, the Netherlands, Hungary, and China. It has several noteworthy subsidiaries, such as Transamerica Life Insurance Company and World Investments, Inc. Transamerica has established partnerships and joint ventures with prominent financial institutions.

For instance, it has a joint venture with Aegon Asset Management, combining their strengths in the asset management sector. This collaboration allows Transamerica to provide its customers with a broader range of investment options and expertise. In terms of market position, Transamerica is recognized as a leading financial services provider in the United States.

It has a strong presence in the life insurance, retirement, and investment sectors. While global sales figures are not readily available, Transamerica competes with other major insurers and asset management companies in the domestic and international markets. Transamerica has experienced significant growth and success throughout its history.

In recent years, the company has focused on enhancing its digital capabilities to provide more personalized and efficient services to customers. It has also made strategic acquisitions to expand its presence and offerings. As of the latest information available, Transamerica continues to innovate and evolve in line with the changing needs of its customers.

It remains committed to helping individuals and businesses achieve their financial goals and secure their future