As filed with the Securities and Exchange Commission on June 13, 2025

Registration No.  333- 163881

  811- 22371 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM N-4

REGISTRATION STATEMENT UNDER THE

SECURITIES ACT OF 1933

Pre-Effective Amendment No.

Post-Effective Amendment No. 18

and

REGISTRATION STATEMENT UNDER THE

INVESTMENT COMPANY ACT OF 1940

Amendment No. 20

 

 

TFLIC POOLED ACCOUNT NO. 44

(Exact Name of Registrant)

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

(Name of Depositor)

440 Mamaroneck Avenue

Harrison, NY 10528

(Address of Depositor’s Principal Executive Offices)

Depositor’s Telephone Number: (914) 627-3630

Brian Stallworth, Esquire

Transamerica Financial Life Insurance Company

c/o Office of the General Counsel

440 Mamaroneck Avenue

Harrison, NY 10528

(Name and Address of Agent for Service)


It is proposed that this filing become effective:

 x   immediately upon filing pursuant to paragraph (b) of Rule 485

     on May 1, 2025 pursuant to paragraph (b) of Rule 485

     60 days after filing pursuant to paragraph (a)(1) of Rule 485

     on (date) pursuant to paragraph (a)(1) of Rule 485

If appropriate, check the following box:

    This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

Check each box that appropriately characterizes the Registrant:

      New Registrant (as applicable, a Registered Separate Account or Insurance Company that has not filed a Securities Act registration statement or amendment thereto within 3years preceding this filing)

      Emerging Growth Company (as defined by Rule 12b-2 under the Securities Exchange Act of 1934 (“Exchange Act”))

      If an Emerging Growth Company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act

 x   Insurance Company relying on Rule 12h-7 under the Exchange Act

     Smaller reporting company (as defined by Rule 12b-2 under the Exchange Act)


Registrant is filing this post-effective amendment (the “Amendment”) for the purpose of supplementing the Statement of Additional Information for the SecurePath for Life Product dated May 1, 2025 included in the Registration Statement. The sole purpose of the amendment is to include the opinion, dated April 3, 2025, that was inadvertently omitted from the May 1, 2025 filing. The Amendment is not intended to amend or delete any part of the Registration Statement, except as specifically noted herein. Parts A and B filed in Post-Effective Amendment No.17 to the Registration Statement (File No. 333-163881) and Amendment No.19 to the Registration Statement (File No. 811-22371) are hereby incorporated by reference to the extent required by applicable law.


SECUREPATH FOR LIFE PRODUCT

Issued By:

 

TRANSAMERICA LIFE INSURANCE

COMPANY

 

Separate Account VA FF

 

TRANSAMERICA FINANCIAL LIFE

INSURANCE COMPANY

 

TFLIC Pooled Account No.44

Supplement dated June 13, 2025

to the

Statement of Additional Information

Dated May 1, 2025

Effective immediately, the Statement of Additional Information (SAI) is hereby amended as follows.

This Supplement updates certain information in the above referenced SAI. Except as indicated in this Supplement, all other information included in the SAI remains unchanged. We will send you another copy of the applicable SAI or any supplement without charge upon request. Please contact our Administrative Office referenced in the SAI.

This Supplement must be accompanied or preceded by the applicable SAI.

 

 

Please read this Supplement carefully and retain it for future reference.


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

STATEMENTS OF ASSETS AND LIABILITIES

At December 31, 2024

 

     SecurePath
for Life
Retirement
Income
    SecurePath
for Life

2020
     SecurePath
for Life

2025
    SecurePath
for Life

2030
     SecurePath
for Life

2035
 

Assets:

            

Investment in mutual fund, at net asset value

   $ 2,188     $ 1,026,924      $ 554,335     $ 282,005      $ 278,078  

Receivable for investment sold

     12       12        29       21        —   
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Total assets

     2,200       1,026,936        554,364       282,026        278,078  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Liabilities:

            

Payable for units redeemed

     12       12        29       21        —   

Accrued guaranteed income benefit charge

     2       817        442       226        223  

Accrued administrative fees

     1       409        221       113        111  

Accrued mortality and expense risk fees

     —      91        49       25        25  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Total liabilities

     15       1,329        741       385        359  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Net assets attributable to annuity contractholders

   $ 2,185     $ 1,025,607      $ 553,623     $ 281,641      $ 277,719  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Accumulation units outstanding

     137       49,839        24,459       13,494        19,093  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Accumulation unit value

   $ 15.93 **    $ 20.58      $ 22.64 **    $ 20.87      $ 14.55  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Investment in mutual fund (Note 1):

            

Number of shares

     167       38,781        29,659       7,445        11,596  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 

Cost

   $ 2,330     $ 1,165,688      $ 558,971     $ 263,661      $ 240,811  
  

 

 

   

 

 

    

 

 

   

 

 

    

 

 

 
 
*

Rounds to less than $1.

**

Actual unit value presented differs from calculated unit value due to rounding.

 

The notes to the financial statements are an integral part of this report.


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

STATEMENTS OF OPERATIONS

For the Year Ended December 31, 2024

 

     SecurePath
for Life
Retirement
Income
    SecurePath
for Life

2020
    SecurePath
for Life

2025
    SecurePath
for Life

2030
     SecurePath
for Life

2035
 

Investment income:

           

Dividend income

   $ 71     $ 30,938     $ 15,697     $ 7,564      $ 6,969  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Expenses:

           

Guaranteed income benefit charge

     21       9,080       5,013       2,625        2,418  

Administrative fees

     12       4,540       2,506       1,313        1,209  

Mortality and expense risk fees

     4       1,009       557       292        269  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Total expenses

     37       14,629       8,076       4,230        3,896  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Net investment income

     34       16,309       7,621       3,334        3,073  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Net realized and unrealized gains (losses) on investments:

           

Net realized gains (losses) from investment

     (267     (711     (9,425     9,088        440  

Realized capital gain distributions

     54       56,851       23,629       2,325        1,444  

Net change in unrealized appreciation (depreciation) from investment

     249       (12,116     20,120       10,226        20,717  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Net realized and unrealized gain on investment

     36       44,024       34,324       21,639        22,601  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

Net increase in net assets resulting from operations

   $ 70     $ 60,333     $ 41,945     $ 24,973      $ 25,674  
  

 

 

   

 

 

   

 

 

   

 

 

    

 

 

 

 

The notes to the financial statements are an integral part of this report.


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

STATEMENTS OF CHANGES IN NET ASSETS

For the Year Ended December 31, 2024

 

     SecurePath
for Life
Retirement
Income
    SecurePath
for Life

2020
    SecurePath
for Life

2025
    SecurePath
for Life

2030
    SecurePath
for Life

2035
 

From operations:

          

Net investment income

   $ 34     $ 16,309     $ 7,621     $ 3,334     $ 3,073  

Net realized gain (loss) from investment

     (267     (711     (9,425     9,088       440  

Realized capital gain distributions

     54       56,851       23,629       2,325       1,444  

Net change in unrealized appreciation (depreciation) from investment

     249       (12,116     20,120       10,226       20,717  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net increase in net assets resulting from operations

     70       60,333       41,945       24,973       25,674  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

From unit transactions:

          

Units sold

     —        —        8,892       —        —   

Units redeemed

     (4,369     (9,665     (89,950     (51,597     (55
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from unit transactions

     (4,369     (9,665     (81,058     (51,597     (55
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total increase (decrease) in net assets

     (4,299     50,668       (39,113     (26,624     25,619  

Net assets:

          

Beginning of year

     6,484       974,939       592,736       308,265       252,100  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

End of year

   $ 2,185     $ 1,025,607     $ 553,623     $ 281,641     $ 277,719  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Units outstanding beginning of year

     428       50,315       28,247       16,111       19,097  

Units sold

     —        —        408       —        —   

Units redeemed

     (291     (476     (4,196     (2,617     (4
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Units outstanding end of year

     137       49,839       24,459       13,494       19,093  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The notes to the financial statements are an integral part of this report.


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

STATEMENTS OF CHANGES IN NET ASSETS

For the Year Ended December 31, 2023

 

     SecurePath
for Life
Retirement
Income
    SecurePath
for Life

2020
    SecurePath
for Life

2025
    SecurePath
for Life

2030
    SecurePath
for Life

2035
 

From operations:

          

Net investment income

   $ 108     $ 13,146     $ 3,897     $ 3,665     $ 1,997  

Net realized gain (loss) from investment

     (10     (6,546     (63,439     480       (1,421

Realized capital gain distributions

     60       30,043       6,937       —        —   

Net change in unrealized appreciation (depreciation) from investment

     398       62,125       159,880       34,248       42,313  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net increase in net assets resulting from operations

     556       98,768       107,275       38,393       42,889  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

From unit transactions:

          

Units sold

     —        776       22,102       5,093       —   

Units redeemed

     (261     (63,909     (666,929     (125     (93,700
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net increase (decrease) in net assets resulting from unit transactions

     (261     (63,133     (644,827     4,968       (93,700
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total increase (decrease) in net assets

     295       35,635       (537,552     43,361       (50,811

Net assets:

          

Beginning of year

     6,189       939,304       1,130,288       264,904       302,911  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

End of year

   $ 6,484     $ 974,939     $ 592,736     $ 308,265     $ 252,100  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Units outstanding beginning of year

     445       53,760       60,815       15,830       26,493  

Units sold

     —        43       1,136       288       —   

Units redeemed

     (17     (3,488     (33,704     (7     (7,396
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Units outstanding end of year

     428       50,315       28,247       16,111       19,097  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The notes to the financial statements are an integral part of this report.


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

FINANCIAL HIGHLIGHTS

 

For an accumulation unit outstanding throughout the year:

 

          Income (Loss) from
Investment Operations
                      Ratios to Average Net Assets (b)        

For the

  Year Ended  

  Unit Value,
Beginning of
Year
    Net
Investment
Income
(Loss) (a)
    Net Realized
and
Unrealized
Gains (Losses)
on Investment
    Total
Income
(Loss) From
Investment
Operations
    Unit Value,
End of
Year
    Net Assets,
End of

Year
    Total
Return*
    Expenses     Net
Investment
Income (Loss)
    Portfolio
Turnover
 

SPL Retirement Income

 

12/31/2024

  $ 15.17     $ 0.22     $ 0.54     $ 0.76     $ 15.93     $ 2,185       5.03     1.52 (c)%      1.40     5

12/31/2023

    13.91       0.24       1.02       1.26       15.17       6,484       9.11       1.47 (c)      1.68       4  

12/31/2022

    16.17       0.15       (2.41     (2.26     13.91       6,189       (14.02     1.45       1.05       3  

12/31/2021

    15.58       0.15       0.44       0.59       16.17       7,528       3.76       1.42 (c)      0.92       8  

12/31/2020

    14.37       0.08       1.13       1.21       15.58       8,218       8.45       1.43 (c)      0.57       2  

SPL 2020

 

12/31/2024

    19.38       0.33       0.87       1.20       20.58       1,025,607       6.20       1.45       1.62       2  

12/31/2023

    17.47       0.25       1.66       1.91       19.38       974,939       10.90       1.45       1.37       6  

12/31/2022

    20.65       0.17       (3.35     (3.18     17.47       939,304       (15.40     1.45       0.92       3  

12/31/2021

    19.37       0.19       1.09       1.28       20.65       1,064,579       6.62       1.45       0.96       2  

12/31/2020

    17.54       0.07       1.76       1.83       19.37       870,440       10.44       1.45       0.39       2  

SPL 2025

 

         

12/31/2024

    20.98       0.30       1.36       1.66       22.64       553,623       7.87       1.45       1.37       9  

12/31/2023

    18.59       0.09       2.30       2.39       20.98       592,736       12.90       1.45       0.48       5  

12/31/2022

    22.33       0.12       (3.86     (3.74     18.59       1,130,288       (16.78     1.45       0.59       28  

12/31/2021

    20.63       0.10       1.60       1.70       22.33       1,568,555       8.23       1.45       0.47       9  

12/31/2020

    18.48       0.07       2.08       2.15       20.63       1,461,636       11.63       1.45       0.39       12  

SPL 2030

 

         

12/31/2024

    19.13       0.23       1.51       1.74       20.87       281,641       9.08       1.45       1.14       3  

12/31/2023

    16.73       0.22       2.18       2.40       19.13       308,265       14.33       1.45       1.28       1  

12/31/2022

    20.28       0.07       (3.62     (3.55     16.73       264,904       (17.48     1.45       0.38       16  

12/31/2021

    18.47       0.09       1.72       1.81       20.28       337,451       9.79       1.45       0.47       1  

12/31/2020

    16.42       0.12       1.93       2.05       18.47       298,049       12.48       1.45       0.75       1  

SPL 2035

 

         

12/31/2024

    13.20       0.16       1.19       1.35       14.55       277,719       10.18       1.45       1.14       1  

12/31/2023

    11.43       0.09       1.68       1.77       13.20       252,100       15.46       1.45       0.70       2  

12/31/2022

    13.91       0.19       (2.67     (2.48     11.43       302,911       (17.81     1.45       1.66       2  

12/31/2021

    12.49       (0.12     1.54       1.42       13.91       1,391       11.33       1.43 (c)      (0.94     4  

12/31/2020

    11.04       (0.05     1.50       1.45       12.49       10,852       13.15       1.45       (0.49     19  

 

 
*

Return presented may differ from calculated return due to rounding of unit value for financial statement purposes.

(a)

Calculated based upon average accumulation units outstanding.

(b)

Ratios exclude expenses incurred by the underlying Vanguard Fund.

(c)

Actual expense ratio experienced is not equal to the contracted ratio of 1.45% due to rounding.

 

The notes to the financial statements are an integral part of this report.


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

NOTES TO FINANCIAL STATEMENTS

 

NOTE 1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

 

Pooled Account No. 44 (the “Pooled Account”) is a separate investment account established on September 1, 2010, by Transamerica Financial Life Insurance Company, Inc. (“TFLIC”). TFLIC is incorporated under the laws of the State of New York and is a wholly-owned indirect subsidiary of Transamerica Corporation, which conducts most of its operations through subsidiary companies engaged in the insurance business or in providing non-insurance financial services. Transamerica Corporation is indirectly owned by Aegon Ltd., the securities of which are publicly traded. Aegon Ltd., a holding company, conducts its business through subsidiary companies engaged primarily in the insurance business.

The Pooled Account is registered with the Securities and Exchange Commission and operates as a unit investment trust pursuant to the provisions of the Investment Company Act of 1940, as amended. The Pooled Account holds assets that are segregated from all of TFLIC’s other assets and, at present, is used as a funding vehicle under certain tax-deferred annuity contracts issued by TFLIC to fund retirement plans maintained by certain not-for-profit and other organizations (“Group Plans”). TFLIC is the legal holder of the assets in the Pooled Account.

At December 31, 2024, there were six Subaccounts (collectively, the “Subaccounts”) within the Pooled Account available to contractholders of Group Plans. SecurePath for Life Retirement Income (“SPL Retirement Income”), SecurePath for Life 2020 (“SPL 2020”), and SecurePath for Life 2025 (“SPL 2025”) commenced operations on December 1, 2010. SecurePath for Life 2030 (“SPL 2030”) commenced operations on January 3, 2013. SecurePath for Life 2035 (“SPL 2035”) commenced operations on January 2, 2018. SecurePath for Life 2040 (“SPL 2040”) was seeded by TFLIC on December 27, 2022 but does not yet have any investors. Therefore, no financial statements are included for SPL 2040. Each Subaccount invests in one of a series of Vanguard Target Retirement Funds (the “Target Retirement Funds”), which are mutual funds offered through the Vanguard Group, Inc. The financial statements of the Target Retirement Funds should be read in conjunction with the Pooled Account’s financial statements.

 

Subaccount

  

Underlying Investment

SPL Retirement Income

   Vanguard Target Retirement Income Fund, Investor Class

SPL 2020

   Vanguard Target Retirement 2020 Fund, Investor Class

SPL 2025

   Vanguard Target Retirement 2025 Fund, Investor Class

SPL 2030

   Vanguard Target Retirement 2030 Fund, Investor Class

SPL 2035

   Vanguard Target Retirement 2035 Fund, Investor Class

SPL 2040

   Vanguard Target Retirement 2040 Fund, Investor Class

From time to time, the Subaccounts may have a concentration of several contractholders holding a significant percentage of units outstanding. Investment activities of these unit holders could have a material impact on the Subaccounts.

In preparing the Subaccounts’ financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”), estimates or assumptions (which could differ from actual results) may be used that affect reported amounts and disclosures. The Subaccounts apply investment company accounting and reporting guidance Financial Accounting Standards Board Accounting Standards Codification (“ASC”) 946 Financial Services – Investment Companies. The following is a summary of significant accounting policies consistently followed by the Pooled Account.

Security Transactions and Investment Income: Security transactions are accounted for on the trade date. Realized gains and losses from the sale of investments are determined on the basis of identified cost. Dividend


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

NOTES TO FINANCIAL STATEMENTS (Continued)

 

NOTE 1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (continued)

 

income and realized capital gain distributions from the investment in the Target Retirement Funds is recorded on the ex-dividend date. Dividends received from the Target Retirement Fund investments are reinvested to purchase additional mutual fund shares.

Contributions and Withdrawals: The unit value of each Subaccount is determined as of the close of business of the New York Stock Exchange (the “NYSE”). Contractholders may contribute or withdraw from the Subaccounts at the stated unit value on any business day based upon the terms described in the prospectus.

Federal Income Taxes: The operations of the Pooled Account form a part of, and are taxed with, the operations of TFLIC, which is taxed as a life insurance company under Subchapter L of the Internal Revenue Code of 1986, as amended (the “Code”). TFLIC does not expect, based upon current tax law, to incur any income tax upon the earnings or realized or unrealized capital gains attributable to the Pooled Account. Based upon this expectation, no charges are currently being deducted from the Pooled Account for federal income tax purposes. TFLIC identifies its major tax jurisdictions as US Federal, all fifty states and the District of Columbia.

The Pooled Account recognizes the tax benefits of uncertain tax positions only where the position is “more likely than not” to be sustained assuming examination by tax authorities. If applicable, the Pooled Account recognizes interest accrued related to unrecognized tax liabilities and related penalties as “tax expense” on the Statement of Operations. Management has evaluated the Pooled Account’s tax provisions taken for all open tax years 2021-2023, as 2024 has not yet been filed, and has concluded that no provision for income tax is required in the Pooled Account’s financial statements.

Indemnification: In the normal course of business, the Pooled Account enters into contracts that contain a variety of representations that provide general indemnifications. The Pooled Account’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Pooled Account and/or its affiliates that have not yet occurred. However, based on experience, the Pooled Account expects the risk of loss to be remote.

NOTE 2. SECURITY VALUATIONS

All investments in securities, including mutual funds, are recorded at their estimated fair value. The value of the investment in each Target Retirement Fund is valued at the net asset value per share at the close of business of the NYSE, normally, 4:00 P.M. Eastern time, each day the NYSE is open for business. The Subaccounts utilize various methods to measure the fair value of their investments on a recurring basis. A description of the portfolio valuation policy for the Target Retirement Funds can be found in the notes to the Target Retirement Funds’ financial statements. GAAP establishes a hierarchy that prioritizes inputs to valuation methods. The three Levels of inputs are:

Level 1 – Unadjusted quoted prices in active markets for identical securities.

Level 2 – Inputs, other than quoted prices included in Level 1, that are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 – Unobservable inputs, which may include management’s own assumptions in determining the fair value of investments. Factors considered in making this determination may include, but are not limited to, information obtained by contacting the issuer, analysts, or the appropriate stock exchange (for exchange-traded securities), analysis of the issuer’s financial statements or other available documents and, if necessary, available information concerning other securities in similar circumstances.


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

NOTES TO FINANCIAL STATEMENTS (Continued)

 

NOTE 2. SECURITY VALUATIONS (continued)

 

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety.

Fair value measurement: Certain investment companies are valued at the net asset value of the underlying portfolio as a practical expedient. These investment companies are not included within the fair value hierarchy. Certain other investment companies are valued at the actively traded net asset value and no valuation adjustments are applied. These investment companies are categorized in Level 1 of the fair value hierarchy. There are no Level 2 or Level 3 investments held as of December 31, 2024 and during the year then ended.

NOTE 3. FEES AND RELATED PARTY TRANSACTIONS

Daily charges to each Subaccount for the Guaranteed Income Benefit Charge charged by TFLIC were computed at the annual rate of 0.90%; however, TFLIC reserves the right to charge maximum fees of 1.40% upon 90 days’ prior written notice. Daily charges to each Subaccount for mortality and expense risk fees charged by TFLIC were computed at an annual rate of 0.10% of daily average net assets. Daily charges to each Subaccount for administrative fees payable to TFLIC were computed at an annual rate of 0.45% of daily average net assets. Total annual expenses for each Subaccount are currently 1.45% of daily average net assets.

TFLIC reserves the right to deduct an annual contract charge from a contractholder’s account to reimburse TFLIC for administrative expenses relating to the maintenance of the group variable annuity contracts. TFLIC has no present intention to impose such a charge but may do so in the future. Any such annual charge will not exceed $50.

The value of the assets in each Subaccount reflects the fees and expenses paid by the underlying Target Retirement Fund, including investment advisory fees and other expenses.

NOTE 4. INVESTMENT TRANSACTIONS

The aggregate cost of purchases and proceeds from sales of investments for the year ended December 31, 2024 were as follows:

 

Subaccount

   Cost of Purchases      Proceeds from Sales  

SPL Retirement Income

   $ 125      $ 4,411  

SPL 2020

     87,789        24,159  

SPL 2025

     47,922        97,735  

SPL 2030

     9,889        55,835  

SPL 2035

     8,413        3,896  


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

NOTES TO FINANCIAL STATEMENTS (Continued)

 

NOTE 4. INVESTMENT TRANSACTIONS (continued)

 

The Target Retirement Funds each invest in an array of other Vanguard fund investments (“Underlying Funds”) at the Underlying Funds’ net asset values on valuation date.

NOTE 5. RISK FACTORS

Market risk: The market values of the Underlying Funds’ securities and other assets will fluctuate, sometimes sharply and unpredictably, due to changes in general market conditions, overall economic trends or events, governmental actions or interventions, actions taken by the U.S. Federal Reserve or foreign central banks, political developments, investor sentiment, public health emergencies such as a pandemic, weather or climate events, and other factors that may or may not be related to the issuer of the security or other asset. The market prices of securities and other assets also may go down due to events or conditions that affect particular sectors, industries or issuers. Adverse market conditions may be prolonged and may not have the same impact on all types of securities or other assets.

Economies and financial markets throughout the world are increasingly interconnected. Economic, financial or political events, trading and tariff arrangements, public health events, terrorism, technology and data interruptions, natural disasters, and other circumstances in one or more countries or regions could be highly disruptive to, and have profound impacts on, global economies or markets. As a result, whether or not an Underlying Fund invests in securities of issuers located in or with significant exposure to the countries directly affected, the value and liquidity of an Underlying Fund’s investments may go down.

In recent years, the COVID-19 pandemic, the large expansion of government deficits and debt as a result of government actions to mitigate the effects of the pandemic, the Russian invasion of Ukraine and the rise of inflation have resulted in extreme volatility in the global economy and in global financial markets. These events could be prolonged and could continue to adversely affect the value and liquidity of an Underlying Fund’s investments, impair an Underlying Fund’s ability to satisfy redemption requests, and negatively impact an Underlying Fund’s performance.

Underlying funds risk: Because each Subaccount invests its assets in a Target Retirement Fund, its ability to achieve to achieve its investment objective depends largely on the performance of the Target Retirement Fund in which it invests. Investing in the Target Retirement Funds subjects the Subaccounts to the risks of investing in the underlying securities or assets held by those Target Retirement Funds. Each Target Retirement Fund has its own investment risks, and those risks can affect the value of the Target Retirement Fund’s shares, and therefore the value of a Subaccount’s investment. There can be no assurance that the investment objective of any Target Retirement Fund will be achieved. In addition, a Subaccount will bear a pro rata portion of the operating expenses of the Target Retirement Fund in which it invests.

NOTE 6. NEW ACCOUNTING PRONOUNCEMENT

In this reporting period, we adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures (“ASU 2023-07”). Adoption of the new standard impacted financial statement disclosures only and did not affect our financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity’s chief operating decision maker (CODM) to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. The CODM is the President of Transamerica Financial Life Insurance Company. The subaccount


TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

POOLED ACCOUNT NO. 44

SECUREPATH FOR LIFE VARIABLE ANNUITY

NOTES TO FINANCIAL STATEMENTS (Continued)

 

NOTE 6. NEW ACCOUNTING PRONOUNCEMENT (continued)

 

represents a single operating segment, as the CODM monitors the operating results of the subaccount and as a whole, the subaccount’s long-term strategic asset allocation is pre-determined based on a defined investment strategy. The change in net assets resulting from operations, which is used by the CODM to assess the segment’s performance is consistent with that presented within the subaccount’s financial statements. Segment assets are reflected on the accompanying Statement of Assets and Liabilities as “net assets” and significant segment expenses are listed on the accompanying Statements of Operations and Changes in Net Assets.

NOTE 7. SUBSEQUENT EVENTS

Management has evaluated the impact of all subsequent events through the date on which these financial statements were available to be issued and has determined that there were no subsequent events requiring adjustment to or disclosure in the financial statements.


Report of Independent Registered Public Accounting Firm

To the Contractholders of Pooled Account No. 44 and the Board of Directors of Transamerica Financial Life Insurance Company, Inc.

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities of SecurePath for Life Retirement Income, SecurePath for Life 2020, SecurePath for Life 2025, SecurePath for Life 2030 and SecurePath for Life 2035 (collectively referred to as the “Subaccounts”) (five of the subaccounts constituting Pooled Account No. 44 (the “Pooled Account”)) as of December 31, 2024, and the related statements of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the five years in the period then ended and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Subaccounts (five of the subaccounts constituting Pooled Account No. 44) at December 31, 2024, the results of their operations for the year then ended, the changes in their net assets for each of the two years in the period then ended and their financial highlights for each of the five years in the period then ended, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements are the responsibility of the Pooled Account’s management. Our responsibility is to express an opinion on each of the Subaccounts’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Pooled Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Pooled Account is not required to have, nor were we engaged to perform, an audit of the Pooled Account’s internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Pooled Account’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of December 31, 2024, by correspondence with the custodian, brokers and others; when replies were not received from brokers and others, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

 

LOGO

We have served as the Pooled Account’s auditor since 2010.

Boston, Massachusetts

April 3, 2025


PART C

OTHER INFORMATION

 

Item 27.

Exhibits

 

Exhibit No:

    

Description

(a)      Board of Directors Resolution
(a)(1)      Resolution of the Board of Directors of TFLIC authorizing establishment of TFLIC Pooled Account No. 44. Note 1.
(b)      Custodian Agreements. Not Applicable.
(c)      Underwriting Contracts
(c)(1)      Amended and Restated Principal Underwriting Agreement by and between Transamerica Financial Life Insurance Company on its own behalf and on behalf of the Separate Account, and Transamerica Capital, Inc. Note 2
(d)      Contracts
(d)(1)      Group Variable Annuity Contract. Note 2
(d)(2)      Application form for the Contract. Note 2
(e)      Applications. Not Applicable
(f)      Depositor’s Certificate of Incorporation and By-laws
(f)(1)      Articles of Incorporation of Transamerica Financial Life Insurance Company. Note 1
(f)(2)      ByLaws of Transamerica Financial Life Insurance Company. Note 1
(g)      Reinsurance Contracts
(h)      Participation Agreements
(h)(1)      Fund Participation Agreement with Vanguard Group. Note 2
(i)      Administrative Contracts. Not applicable.
(j)      Other Material Contracts. Not applicable.
(k)      Legal Opinion. Opinion and Consent of Counsel. Filed herewith.
(l)(1)      Other Opinions Consent of Independent Registered Public Accounting Firm. Filed herewith.
(l)(2)      Consent of Independent Auditors. Filed herewith.
(m)      Omitted Financial Statements. Not applicable
(n)      Initial Capital Agreements. Not applicable
(o)      Form of Initial Summary Prospectuses. Not Applicable
(p)      Powers of Attorney - Note 3
(p)(1)      Resolution of the Board of Directors Authorizing the Principal Executive Officer to sign on behalf of Transamerica Financial Life Insurance Company pursuant to power of attorney. Note 3


Note 1.      Incorporated herein by reference to the Initial Filing of Form N-4 Registration Statement (File No. 333-163881) filed on December 21, 2009.
Note 2.      Incorporated herein by reference to the Pre-Effective Amendment No. 2 to Form N-4 Registration Statement (File No. 333-163881) filed on August 16, 2010.
Note 3.      Incorporated herein by reference to the Post-Effective Amendment No.17 to Form N-4 Registration Statement (File No. 333-163881) filed on April 29, 2025.


Item 28. Directors and Officers of the Depositor (Transamerica Financial Life Insurance Company)

 

Name and Business Address    Principal Positions and Offices with Depositor

Jamie Ohl

1801 California St. Suite 5200

Denver, CO 80202

   Director and President

Bonnie T. Gerst

6400 C Street SW

Cedar Rapids, IA 52499

   Director and President, Financial Assets

Maurice Perkins

100 Light Street

Baltimore, MD 21202

   Director, Chief Corporate Affairs Officer

Andrew S. Williams

100 Light Street

Baltimore, MD 21202

   Director, Secretary, General Counsel and Senior Vice President

Matt Keppler

100 Light Street

Baltimore, MD 21202

   Chief Financial Officer, Executive Vice President and Treasurer

Chris Giovanni

100 Light Street

Baltimore, MD 21202

   Director, Chief Strategy & Development Officer and Senior Vice President

Wendy E. Cooper

245 East 93 Street

New York, NY 10128

   Director

Anne C. Kronenberg

187 Guard Hill Road

Bedford Corner, NY 10549

   Director

June Yuson

245 East 93rd Street

New York, NY 10128

   Director


ITEM 29 LISTING

 

Item 29. Persons Controlled by or under Common Control with the Depositor or Registrant.

As of December 31, 2024, the following pages shows all corporations directly or indirectly controlled or under common control, with the Depositor, showing the state or other sovereign power under the laws of which each is organized and the percentage owner ship of voting securities giving rise to the control relationship.
Aegon Ltd. Subsidiaries Under Common Control (as of 12/31/24)
Company Name   Immediate Parent
Ownership %
  Parent   State/Country

239 West 20th Street, LLC

  100%   Yarra Rapids, LLC   DE, USA

25 East 38th Street, LLC

  100%   Yarra Rapids, LLC   DE, USA

313 East 95th Street, LLC

  100%   Yarra Rapids, LLC   DE, USA

319 East 95th Street, LLC

  100%   Yarra Rapids, LLC   DE, USA

Administrative Group, LLC

  100%   AUSA Holding, LLC   IA, USA

ADMS Global Services (Thailand) Limited

  47.37%   AEGON DMS Holding B.V.   Thailand

AEGON Administracion y Servicios Aie

  Other Manner of Control   Aegon Iberia Holding BV, Sucursal en España   Spain

AEGON Administracion y Servicios Aie

  100%   AEGON España, S.A.U. de Seguros y Reaseguros   Spain

AEGON Administracion y Servicios Aie

  Other Manner of Control   Aegon Mediacion S.L.U.   Spain

AEGON Administracion y Servicios Aie

  Other Manner of Control   SANTANDER GENERALES SEGUROS Y REASEGUROS, S.A.   Spain

AEGON Administracion y Servicios Aie

  Other Manner of Control   SANTANDER VIDA SEGUROS Y REASEGUROS, S.A.   Spain

AEGON Administracion y Servicios Aie

  Other Manner of Control   Serenitas, S.L.U.   Spain

AEGON Administracion y Servicios Aie

  Other Manner of Control   AEGON SANTANDER PORTUGAL NÃO VIDA - COMPANHIA DE SEGUROS S.A.   Spain

AEGON Administracion y Servicios Aie

  Other Manner of Control   AEGON SANTANDER PORTUGAL VIDA - COMPANHIA DE SEGUROS DE VIDA S.A.   Spain

AEGON Affordable Housing Debt Fund I, LLC

  Other Manner of Control   AHDF Manager I, LLC   DE, USA

AEGON Affordable Housing Debt Fund I, LLC

  5%   Transamerica Life Insurance Company   DE, USA

AEGON AM Funds, LLC

  100%   AEGON USA Investment Management, LLC   DE, USA

Aegon AM Private Equity Partners I, LLC

  100%   AEGON USA Investment Management, LLC   DE, USA

Aegon AM Private Equity Partners II, LLC

  100%   AEGON USA Investment Management, LLC   DE, USA

AEGON Asia B.V.

  100%   AEGON International B.V.   Netherlands

Aegon Asset Management (Asia) Limited

  100%   AEGON Asset Management Holding B.V.   Hong Kong

AEGON Asset Management Holding B.V.

  100%   Aegon Ltd.   Netherlands

AEGON Asset Management Hungary B.V.

  100%   AEGON Asset Management Holding B.V.   Netherlands

Aegon Asset Management Limited

  100%   Aegon Asset Management UK plc   United Kingdom

Aegon Asset Management Pan-Europe B.V.

  100%   AEGON Asset Management Holding B.V.   Netherlands

Aegon Asset Management UK Holdings Limited

  100%   AEGON Asset Management Holding B.V.   United Kingdom

Aegon Asset Management UK plc

  100%   Aegon Asset Management UK Holdings Limited   United Kingdom

AEGON Brazil Holding B.V.

  100%   AEGON International B.V.   Netherlands

AEGON Brazil Holding II B.V.

  100%   AEGON International B.V.   Netherlands

AEGON CEE B.V.

  100%   Aegon Ltd.   Netherlands

Aegon Community Investments 50, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 51, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 52, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 53, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 54, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 55, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 56, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 57, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 58, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 59, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 60, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 61, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 62, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 63, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 64, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 65, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 66, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 67, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 68, LLC

  100%   Transamerica Life Insurance Company   DE, USA

Aegon Community Investments 69, LLC

  100%   Transamerica Life Insurance Company   DE, USA

AEGON Corporate Center B.V.

  100%   Aegon Ltd.   Netherlands

AEGON Custody B.V.

  100%   AEGON Asset Management Holding B.V.   Netherlands

AEGON Derivatives N.V.

  100%   Aegon Ltd.   Netherlands

AEGON Digital Investments Holding B.V.

  100%   Aegon Ltd.   Netherlands

AEGON Direct Marketing Services International, LLC

  100%   AUSA Holding, LLC   MD, USA

AEGON Direct Marketing Services Mexico Servicios, S.A. de C.V.

  Other Manner of Control   AEGON DMS Holding B.V.   Mexico

AEGON Direct Marketing Services Mexico Servicios, S.A. de C.V.

  100%   AEGON Mexico Holding B.V.   Mexico

AEGON Direct Marketing Services Mexico, S.A. de C.V.

  5.82%   AEGON DMS Holding B.V.   Mexico

AEGON Direct Marketing Services Mexico, S.A. de C.V.

  92.96%   AEGON Mexico Holding B.V.   Mexico

AEGON Direct Marketing Services, Inc.

  100%   Transamerica Life Insurance Company   MD, USA

AEGON DMS Holding B.V.

  100%   AEGON International B.V.   Netherlands

AEGON EDC Limited

  100%  

Aegon Ltd.

 

United Kingdom

Aegon Employees Netherlands B.V.

  100%  

AEGON Europe Holding B.V.

 

Netherlands

Aegon Energy Management, LLC

  100%  

AEGON USA Realty Advisors, LLC

 

DE, USA

AEGON España, S.A.U. de Seguros y Reaseguros

  100%  

Aegon Iberia Holding BV, Sucursal en España

 

Spain


AEGON Europe Holding B.V.

  100%  

Aegon Ltd.

 

Netherlands

AEGON Financial Services Group, Inc.

  100%  

Transamerica Life Insurance Company

 

MN, USA

AEGON Funding Company LLC

  100%  

Transamerica Corporation

 

DE, USA

Aegon Global Services, LLC

  100%  

Commonwealth General Corporation

 

IA, USA

AEGON Growth Capital Fund I C.V.

  100%  

AEGON Growth Capital Fund I GP B.V.

 

Netherlands

AEGON Growth Capital Fund I GP B.V.

  100%  

AEGON Digital Investments Holding B.V.

 

Netherlands

AEGON Growth Capital Management B.V.

  100%  

Aegon Ltd.

 

Netherlands

AEGON Iberia Holding B.V.

  100%  

Aegon Ltd.

 

Netherlands

Aegon Iberia Holding BV, Sucursal en España

  100%  

AEGON Iberia Holding B.V.

 

Spain

AEGON India Holding B.V.

  100%  

AEGON International B.V.

 

Netherlands

Aegon Insights (Thailand) Limited

  Other Manner of Control  

Aegon Insights Limited

 

Thailand

Aegon Insights (Thailand) Limited

  100%  

Transamerica International Direct Marketing Consultants, LLC

 

Thailand

Aegon Insights Australia Pty Limited

  100%  

Transamerica Direct Marketing Asia Pacific Pty. Ltd.

 

Australia

Aegon Insights Limited

  100%  

AEGON DMS Holding B.V.

 

Hong Kong

AEGON Institutional Markets, Inc.

  100%  

Commonwealth General Corporation

 

DE, USA

AEGON International B.V.

  100%  

Aegon Ltd.

 

Netherlands

AEGON Investment Management B.V.

  100%  

AEGON Asset Management Holding B.V.

 

Netherlands

AEGON Investment Solutions - Nominee 1 (Gross) Ltd.

  100%  

AEGON UK plc

 

United Kingdom

AEGON Investment Solutions - Nominee 2 (Net) Ltd.

  100%  

AEGON UK plc

 

United Kingdom

AEGON Investment Solutions - Nominee 3 (ISA) Ltd.

  100%  

AEGON UK plc

 

United Kingdom

AEGON Investment Solutions Ltd.

  100%  

Aegon UK Investment Holdings Limited

 

United Kingdom

Aegon Investments Limited

  100%  

Aegon UK Investment Holdings Limited

 

United Kingdom

Aegon LIHTC Fund 50, LLC

  51.01%  

Aegon LIHTC Fund 63, LLC

 

DE, USA

Aegon LIHTC Fund 51, LLC

  0.01%  

Aegon Community Investments 51, LLC

 

DE, USA

Aegon LIHTC Fund 52, LLC

  0.01%  

Aegon Community Investments 52, LLC

 

DE, USA

Aegon LIHTC Fund 52, LLC

  1%  

Transamerica Life Insurance Company

 

DE, USA

Aegon LIHTC Fund 52, LLC

  10.81%  

Transamerica Financial Life Insurance Company

 

DE, USA

Aegon LIHTC Fund 54, LLC

  Other Manner of Control  

Aegon Community Investments 54, LLC

 

DE, USA

Aegon LIHTC Fund 55, LLC

  2.82%  

Transamerica Life Insurance Company

 

DE, USA

Aegon LIHTC Fund 57, LLC

  0.01%  

Aegon Community Investments 57, LLC

 

DE, USA

Aegon LIHTC Fund 58, LLC

  0.01%  

Aegon Community Investments 58, LLC

 

DE, USA

Aegon LIHTC Fund 58, LLC

  2.92%  

Transamerica Life Insurance Company

 

DE, USA

Aegon LIHTC Fund 60, LLC

  Other Manner of Control  

Aegon Community Investments 60, LLC

 

DE, USA

Aegon LIHTC Fund 62, LLC

  0.01%  

Aegon Community Investments 62, LLC

 

DE, USA

Aegon LIHTC Fund 63, LLC

  Other Manner of Control  

Aegon Community Investments 63, LLC

 

DE, USA

Aegon LIHTC Fund 64, LLC

  Other Manner of Control  

Aegon Community Investments 64, LLC

 

DE, USA

Aegon LIHTC Fund 65, LLC

  0.01%  

Aegon Community Investments 65, LLC

 

DE, USA

Aegon LIHTC Fund 66, LLC

  0.01%  

Aegon Community Investments 66, LLC

 

DE, USA

Aegon LIHTC Fund 67, LLC

  Other Manner of Control  

Aegon Community Investments 67, LLC

 

DE, USA

Aegon LIHTC Fund 68, LLC

  100%  

Aegon Community Investments 68, LLC

 

DE, USA

Aegon LIHTC Fund 69, LLC

  100%  

Aegon Community Investments 69, LLC

 

DE, USA

AEGON Managed Enhanced Cash, LLC

  62.09%  

Transamerica Life Insurance Company

 

DE, USA

AEGON Managed Enhanced Cash, LLC

  37.90%  

Transamerica Life Insurance Company

 

DE, USA

AEGON Management Company

  100%  

Transamerica Corporation

 

IN, USA

Aegon Mediacion S.L.U.

  100%  

AEGON España, S.A.U. de Seguros y Reaseguros

 

Spain

AEGON Mexico Holding B.V.

  100%  

AEGON DMS Holding B.V.

 

Netherlands

Aegon Opportunity Zone Fund Joint Venture 1, LP

  0.16%  

Aegon OZF Investments 1, LLC

 

DE, USA

Aegon OZF Investments 1, LLC

  100%  

AEGON USA Realty Advisors, LLC

 

DE, USA

AEGON Pension Trustee Limited

  100%  

AEGON UK plc

 

United Kingdom

AEGON SANTANDER PORTUGAL NÃO VIDA - COMPANHIA DE SEGUROS S.A.   51%  

AEGON Iberia Holding B.V.

 

Portugal

AEGON SANTANDER PORTUGAL VIDA - COMPANHIA DE SEGUROS DE VIDA S.A.   51%  

AEGON Iberia Holding B.V.

 

Portugal

AEGON SIPP GUARANTEE NOMINEE LIMITED

  100%  

AEGON UK plc

 

United Kingdom

Aegon SIPP Nominee 2 Ltd.

  100%  

AEGON UK plc

 

United Kingdom

AEGON SIPP Nominee Ltd.

  100%  

AEGON UK plc

 

United Kingdom

AEGON Taiwan Holding B.V.

  100%  

AEGON International B.V.

 

Netherlands

Aegon THTF Life Insurance Co., Ltd.

  50%  

AEGON International B.V.

 

China

AEGON Treasury Investments B.V.

  100%  

Aegon Ltd.

 

Netherlands

AEGON UK Corporate Services Limited

  100%  

AEGON UK plc

 

United Kingdom

Aegon UK Investment Holdings Limited

  100%  

AEGON UK plc

 

United Kingdom

AEGON UK plc

  100%  

AEGON Europe Holding B.V.

 

United Kingdom

AEGON UK Property Fund Limited

  100%  

AEGON UK plc

 

United Kingdom

Aegon Upstream Energy Fund, LLC

  100%  

Aegon Energy Management, LLC

 

DE, USA

AEGON USA Asset Management Holding, LLC

  100%  

AUSA Holding, LLC

 

IA, USA

AEGON USA Investment Management, LLC

  100%  

AEGON USA Asset Management Holding, LLC

 

IA, USA

AEGON USA Real Estate Services, Inc.

  100%  

AEGON USA Realty Advisors, LLC

 

DE, USA

AEGON USA Realty Advisors of California, Inc.

  100%  

AEGON USA Realty Advisors, LLC

 

IA, USA

AEGON USA Realty Advisors, LLC

  100%  

AEGON USA Asset Management Holding, LLC

 

IA, USA

Aegon Workforce Housing Fund 2 Holding Company B, LLC

  100%  

Aegon Workforce Housing Fund 2, L.P

 

DE, USA

Aegon Workforce Housing Fund 2 Holding Company C, LLC

  100%  

Aegon Workforce Housing Fund 2, L.P

 

DE, USA

Aegon Workforce Housing Fund 2 Holding Company, LLC

  100%  

Aegon Workforce Housing Fund 2, L.P

 

DE, USA

Aegon Workforce Housing Fund 2, L.P

  80%  

Transamerica Life Insurance Company

 

DE, USA

Aegon Workforce Housing Fund 2, L.P

  20%  

Transamerica Financial Life Insurance Company

 

DE, USA

Aegon Workforce Housing Fund 3 Holding Company, LLC

  100%  

Aegon Workforce Housing Fund 3, L.P

 

DE, USA

Aegon Workforce Housing Fund 3, L.P

  60%  

Transamerica Life Insurance Company

 

DE, USA

Aegon Workforce Housing Fund 3, L.P

  30%  

Transamerica Life Insurance Company

 

DE, USA


Aegon Workforce Housing Fund 3, L.P

  10%  

Transamerica Financial Life Insurance Company

 

DE, USA

Aegon Workforce Housing JV 4A, LLC

  44.50%  

Aegon Workforce Housing Fund 2 Holding Company, LLC

 

DE, USA

Aegon Workforce Housing JV 4B, LLC

  25%  

Aegon Workforce Housing Fund 2 Holding Company, LLC

 

DE, USA

Aegon Workforce Housing JV 4C, LLC

  10%  

Aegon Workforce Housing Fund 2 Holding Company, LLC

 

DE, USA

Aegon Workforce Housing Park at Via Rosa REIT, LLC

  100%  

Aegon Workforce Housing Separate Account 1, LLC

 

IA, USA

Aegon Workforce Housing Separate Account 1, LLC

  15.83%  

Transamerica Life Insurance Company

 

IA, USA

Aegon Workforce Housing Separate Account 1, LLC

  4.17%  

Transamerica Life Insurance Company

 

IA, USA

Aegon Workforce Housing Separate Account 1, LLC

  5%  

Transamerica Financial Life Insurance Company

 

IA, USA

AEGON-INDUSTRIAL Capital Management (Shanghai) Co., Ltd.

  100%  

AEGON-INDUSTRIAL Fund Management Co., LTD.

 

China

AEGON-INDUSTRIAL Fund Management Co., LTD.

  49%  

AEGON International B.V.

 

China

AGT Hungary IT Service Korlátolt Felelősségű  Társaság

  100%  

AEGON EDC Limited

 

Hungary

AHDF Manager I, LLC

  100%  

AEGON USA Realty Advisors, LLC

 

DE, USA

ALH Properties Eight LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Eleven LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Four LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Nine LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Seven LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Seventeen LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Sixteen LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Ten LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Twelve LLC

  100%  

FGH USA LLC

 

DE, USA

ALH Properties Two LLC

  100%  

FGH USA LLC

 

DE, USA

AMFETF Manager, LLC

  100%  

AEGON USA Realty Advisors, LLC

 

DE, USA

AMTAX Holdings 308 LLC

  100%  

TAHP Fund 2, LLC

 

OH, USA

AMTAX Holdings 388 LLC

  100%  

TAHP Fund 2, LLC

 

OH, USA

AMTAX Holdings 483 LLC

  100%  

TAHP Fund 1, LLC

 

OH, USA

AMTAX Holdings 559, LLC

  100%  

TAHP Fund 1, LLC

 

OH, USA

AMTAX Holdings 561 LLC

  100%  

TAHP Fund VII, LLC

 

OH, USA

AMTAX Holdings 588 LLC

  100%  

TAHP Fund 1, LLC

 

OH, USA

AMTAX Holdings 613 LLC

  0.15%  

Cupples State LIHTC Investors, LLC

 

OH, USA

AMTAX Holdings 613 LLC

  99.85%  

Garnet LIHTC Fund VII, LLC

 

OH, USA

AMTAX Holdings 639 LLC

  100%  

TAHP Fund 1, LLC

 

OH, USA

AMTAX Holdings 649 LLC

  100%  

TAHP Fund 1, LLC

 

OH, USA

AMTAX Holdings 672 LLC

  100%  

TAHP Fund 1, LLC

 

OH, USA

AMTAX Holdings 713 LLC

  100%  

TAHP Fund 2, LLC

 

OH, USA

Andrews Nominees Limited

  100%  

Cofunds Limited

 

United Kingdom

Apollo Housing Capital Arrowhead Gardens, L.L.C.

  100%  

Garnet LIHTC Fund XXXV, LLC

 

DE, USA

APOP III, LLC

  9.84%  

Transamerica Financial Life Insurance Company

 

DE, USA

APOP III, LLC

  88.60%  

Transamerica Life Insurance Company

 

DE, USA

ASR Nederland N.V.

  29.99%  

Aegon Ltd.

 

Bermuda

AUSA Holding, LLC

  100%  

Transamerica Corporation

 

MD, USA

AUSA Properties, Inc.

  100%  

AEGON USA Realty Advisors, LLC

 

IA, USA

AWHF2 General Partner, LLC

  100%  

AEGON USA Realty Advisors, LLC

 

DE, USA

AWHF2 Subsidiary Holding Company C, LLC

  100%  

Aegon Workforce Housing Fund 2 Holding Company C, LLC

 

DE, USA

AWHF3 General Partner, LLC

  100%  

AEGON USA Realty Advisors, LLC

 

DE, USA

AWHJV4 Manager, LLC

  100%  

AEGON USA Realty Advisors, LLC

 

DE, USA

AWHSA Manager 1, LLC

  100%  

AEGON USA Realty Advisors, LLC

 

IA, USA

Barfield Ranch Associates, LLC

  50%  

Mitigation Manager LLC

 

FL, USA

Carle Place Leasehold SPE, LLC

  100%  

Transamerica Financial Life Insurance Company

 

DE, USA

Cofunds Limited

  100%  

Aegon UK Investment Holdings Limited

 

United Kingdom

Cofunds Nominees Ltd

  100%  

Cofunds Limited

 

United Kingdom

Commonwealth General Corporation

  100%  

Transamerica Corporation

 

DE, USA

Coöperatieve AEGON Financieringsmaatschappij U.A.

  1.51%  

AEGON International B.V.

 

Netherlands

Coöperatieve AEGON Financieringsmaatschappij U.A.

  98.49%  

Aegon Ltd.

 

Netherlands

Cornerstone International Holdings Ltd.

  100%  

AEGON DMS Holding B.V.

 

United Kingdom

Creditor Resources, Inc.

  100%  

AUSA Holding, LLC

 

MI, USA

CRI Solutions, Inc.

  100%  

Creditor Resources, Inc.

 

MD, USA

Cupples State LIHTC Investors, LLC

  22%  

Transamerica Life Insurance Company

 

DE, USA

Cupples State LIHTC Investors, LLC

  15%  

Transamerica Life Insurance Company

 

DE, USA

Cupples State LIHTC Investors, LLC

  63%  

Transamerica Life Insurance Company

 

DE, USA

Dorset Nominees Limited

  100%  

Cofunds Limited

 

United Kingdom

Equitable AgriFinance, LLC

  50%  

AEGON USA Realty Advisors, LLC

 

DE, USA

Favela Promoção e Vendas Ltda.

  100%  

Mongeral AEGON Holding Ltda.

 

Brazil

FGH Realty Credit LLC

  100%  

FGH USA LLC

 

DE, USA

FGH USA LLC

  100%  

RCC North America LLC

 

DE, USA

Fifth FGP LLC

  100%  

FGH USA LLC

 

DE, USA

Financial Planning Services, Inc.

  100%  

Commonwealth General Corporation

 

D.C., USA

FINANCIERE DE L’ECHIQUIER

  100%  

La Banque Postale Asset Management

 

France

First FGP LLC

  100%  

FGH USA LLC

 

DE, USA

Fourth FGP LLC

  100%  

FGH USA LLC

 

DE, USA

Garnet Assurance Corporation

  100%  

Transamerica Life Insurance Company

 

KY, USA

Garnet Assurance Corporation II

  100%  

Commonwealth General Corporation

 

IA, USA

Garnet Assurance Corporation III

  100%  

Transamerica Life Insurance Company

 

IA, USA

Garnet Community Investments IX, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments V, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments VI, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments VII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments VIII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA


Garnet Community Investments X, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XI, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XL, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XLI, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XLII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XLIV, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XLIX, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XLV, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XLVI, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XLVII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XLVIII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XVIII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XX, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXIV, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXIX, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXV, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXVI, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXVII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXVIII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXI, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXIII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXIV, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXIX, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXV, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXVI, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXVII, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments XXXVIII, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet Community Investments, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund IX, LLC

  99.99%  

Garnet Community Investments IX, LLC

 

DE, USA

Garnet LIHTC Fund IX, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund V, LLC

  99.99%  

Garnet Community Investments V, LLC

 

DE, USA

Garnet LIHTC Fund V, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund VI, LLC

  99.99%  

Garnet Community Investments VI, LLC

 

DE, USA

Garnet LIHTC Fund VI, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund VII, LLC

  99.99%  

Garnet Community Investments VII, LLC

 

DE, USA

Garnet LIHTC Fund VII, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund VIII, LLC

  99.99%  

Garnet Community Investments VIII, LLC

 

DE, USA

Garnet LIHTC Fund VIII, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund X, LLC

  0.01%  

Garnet Community Investments X, LLC

 

DE, USA

Garnet LIHTC Fund XI, LLC

  99.99%  

Garnet Community Investments XI, LLC

 

DE, USA

Garnet LIHTC Fund XI, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XII, LLC

  0.01%  

Garnet Community Investments XII, LLC

 

DE, USA

Garnet LIHTC Fund XII, LLC

  73.39%  

Garnet LIHTC Fund XII-A, LLC

 

DE, USA

Garnet LIHTC Fund XII, LLC

  13.30%  

Garnet LIHTC Fund XII-B, LLC

 

DE, USA

Garnet LIHTC Fund XII, LLC

  13.30%  

Garnet LIHTC Fund XII-C, LLC

 

DE, USA

Garnet LIHTC Fund XII-A, LLC

  99.99%  

Garnet Community Investments XII, LLC

 

DE, USA

Garnet LIHTC Fund XII-A, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XII-B, LLC

  99.99%  

Garnet Community Investments XII, LLC

 

DE, USA

Garnet LIHTC Fund XII-B, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XII-C, LLC

  99.99%  

Garnet Community Investments XII, LLC

 

DE, USA

Garnet LIHTC Fund XII-C, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XIII, LLC

  0.01%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XIII, LLC

  68.10%  

Garnet LIHTC Fund XIII-A, LLC

 

DE, USA

Garnet LIHTC Fund XIII, LLC

  31.89%  

Garnet LIHTC Fund XIII-B, LLC

 

DE, USA

Garnet LIHTC Fund XIII-A, LLC

  99.99%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XIII-A, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XIII-B, LLC

  99.99%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XIII-B, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XIV, LLC

  99.99%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XIV, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XIX, LLC

  99.99%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XIX, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XL, LLC

  0.01%  

Garnet Community Investments XL, LLC

 

DE, USA

Garnet LIHTC Fund XLI, LLC

  0.01%  

Garnet Community Investments XLI, LLC

 

DE, USA

Garnet LIHTC Fund XLI, LLC

  10%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XLII, LLC

  0.01%  

Garnet Community Investments XLII, LLC

 

DE, USA

Garnet LIHTC Fund XLIV-A, LLC

  Other Manner of Control  

Garnet Community Investments XLIV, LLC

 

DE, USA

Garnet LIHTC Fund XLIV-B, LLC

  Other Manner of Control  

Garnet Community Investments XLIV, LLC

 

DE, USA

Garnet LIHTC Fund XLVI, LLC

  Other Manner of Control  

Garnet Community Investments XLVI, LLC

 

DE, USA

Garnet LIHTC Fund XLVII, LLC

  1%  

Garnet Community Investments XLVII, LLC

 

DE, USA

Garnet LIHTC Fund XLVII, LLC

  13.99%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XLVIII, LLC

  0.01%  

Garnet Community Investments XLVIII, LLC

 

DE, USA

Garnet LIHTC Fund XLVIII, LLC

  75.18%  

Transamerica Financial Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XV, LLC

  0.01%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XV, LLC

  99.99%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XVI, LLC

  0.01%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XVII, LLC

  99.99%  

Garnet Community Investments, LLC

 

DE, USA


Garnet LIHTC Fund XVII, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XVIII, LLC

  0.01%  

Garnet Community Investments XVIII, LLC

 

DE, USA

Garnet LIHTC Fund XX, LLC

  100%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XXII, LLC

  0.01%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XXIII, LLC

  99.99%  

Garnet Community Investments, LLC

 

DE, USA

Garnet LIHTC Fund XXIII, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XXIV, LLC

  0.01%  

Garnet Community Investments XXIV, LLC

 

DE, USA

Garnet LIHTC Fund XXIV, LLC

  21.26%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XXIX, LLC

  0.01%  

Garnet Community Investments XXIX, LLC

 

DE, USA

Garnet LIHTC Fund XXV, LLC

  0.01%  

Garnet Community Investments XXV, LLC

 

DE, USA

Garnet LIHTC Fund XXV, LLC

  1%  

Garnet LIHTC Fund XXVIII, LLC

 

DE, USA

Garnet LIHTC Fund XXVI, LLC

  0.01%  

Garnet Community Investments XXVI, LLC

 

DE, USA

Garnet LIHTC Fund XXVII, LLC

  0.01%  

Garnet Community Investments XXVII, LLC

 

DE, USA

Garnet LIHTC Fund XXVII, LLC

  16.71%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XXVIII, LLC

  99.99%  

Garnet Community Investments XXVIII, LLC

 

DE, USA

Garnet LIHTC Fund XXVIII, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XXXI, LLC

  0.01%  

Garnet Community Investments XXXI, LLC

 

DE, USA

Garnet LIHTC Fund XXXII, LLC

  0.01%  

Garnet Community Investments XXXII, LLC

 

DE, USA

Garnet LIHTC Fund XXXIII, LLC

  0.01%  

Garnet Community Investments XXXIII, LLC

 

DE, USA

Garnet LIHTC Fund XXXIV, LLC

  99.99%  

Garnet Community Investments XXXIV, LLC

 

DE, USA

Garnet LIHTC Fund XXXIV, LLC

  0.01%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XXXIX, LLC

  1%  

Garnet Community Investments XXXIX, LLC

 

DE, USA

Garnet LIHTC Fund XXXV, LLC

  0.01%  

Garnet Community Investments XXXV, LLC

 

DE, USA

Garnet LIHTC Fund XXXVI, LLC

  1%  

Garnet Community Investments XXXVI, LLC

 

DE, USA

Garnet LIHTC Fund XXXVII, LLC

  0.01%  

Garnet Community Investments XXXVII, LLC

 

DE, USA

Garnet LIHTC Fund XXXVII, LLC

  99.99%  

Transamerica Life Insurance Company

 

DE, USA

Garnet LIHTC Fund XXXVIII, LLC

  Other Manner of Control  

Garnet Community Investments XXXVIII, LLC

 

DE, USA

GoBear (Philippines) Inc.

  100%  

Woodpecker Asia Tech PTE Ltd.

 

Philippines

GoBear (Vietnam) Co., Ltd.

  100%  

Woodpecker Asia Tech PTE Ltd.

 

Vietnam

Hague Reinsurance Management N.V.

  100%  

AEGON Digital Investments Holding B.V.

 

Netherlands

Horizons Acquisition 5, LLC

  100%  

PSL Acquisitions Operating, LLC

 

FL, USA

Horizons St. Lucie Development, LLC

  100%  

PSL Acquisitions Operating, LLC

 

FL, USA

Hubei Xinhuaxin Insurance Sales Company Limited

  12.40%  

AEGON International B.V.

 

China

Imani FE, L.P.

  Other Manner of Control  

TAH Imani Fe GP, LLC

 

CA, USA

Imani FE, L.P.

  99.99%  

Garnet LIHTC Fund XIV, LLC

 

CA, USA

Investors Warranty of America, LLC

  100%  

RCC North America LLC

 

IA, USA

Ironwood Re Corp.

  100%  

Commonwealth General Corporation

 

HI, USA

IZNES SAS

  4.31%  

La Banque Postale Asset Management

 

France

Kognita Lab S.A.

  8.74%  

Mongeral AEGON Holding Ltda.

 

Brazil

La Banque Postale Asset Management

  25%  

AEGON Asset Management Holding B.V.

 

France

La Banque Postale Asset Management

  75%  

La Banque Postale Asset Management

 

France

LBPAM Private Debt GP Lux SARL

  100%  

La Banque Postale Asset Management

 

Luxembourg

LCS Associates, LLC

  100%  

RCC North America LLC

 

DE, USA

Life Investors Alliance LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

LIHTC Fund 53, LLC

  Other Manner of Control  

Aegon Community Investments 53, LLC

 

DE, USA

LIHTC Fund 56, LLC

  Other Manner of Control  

Aegon Community Investments 56, LLC

 

DE, USA

LIHTC Fund 59, LLC

  Other Manner of Control  

Aegon Community Investments 56, LLC

 

DE, USA

LIHTC Fund XLIX, LLC

  Other Manner of Control  

Garnet Community Investments XLIX, LLC

 

DE, USA

LIHTC Fund XLV, LLC

  Other Manner of Control  

Garnet Community Investments XLV, LLC

 

DE, USA

LIICA Re II, Inc.

  100%  

Transamerica Life Insurance Company

 

VT, USA

Lochside Nominees Limited

  100%  

Cofunds Limited

 

United Kingdom

Longevity Services Consultoria e Serviços Ltda.

  100%  

Mongeral AEGON Holding Ltda.

 

Brazil

MAG Consultoria de Investimentos Ltda.

  100%  

Mongeral AEGON Holding Ltda.

 

Brazil

MAG Instituição de Pagamento Ltda.

  100%  

Mongeral Aegon Holding Financeira

 

Brazil

MAG Tanure Holding Participações S.A.

  50%  

Mongeral AEGON Holding Ltda.

 

Belo Horizonte, Minas Gerais

Minster Nominees Limited

  100%  

Cofunds Limited

 

United Kingdom

Mitigation Manager LLC

  100%  

RCC North America LLC

 

DE, USA

Momentum Group Limited

  100%  

Aegon UK Investment Holdings Limited

 

United Kingdom

Money Services, Inc.

  100%  

AUSA Holding, LLC

 

DE, USA

Mongeral Aegon Administração de Benefícios LTDA.

  100%  

Mongeral AEGON Holding Ltda.

 

Brazil

Mongeral Aegon Capitalização S.A.

  100%  

Mongeral AEGON Seguros e Previdência SA

 

Brazil

Mongeral Aegon Gestão de Fundos Imobiliários Ltda

  20%  

Mongeral AEGON Investimentos Ltda.

 

Brazil

Mongeral Aegon Holding Financeira

  100%  

Mongeral AEGON Holding Ltda.

 

Brazil

Mongeral AEGON Holding Ltda.

  50%  

AEGON Brazil Holding II B.V.

 

Brazil

Mongeral AEGON Investimentos Ltda.

  100%  

Mongeral AEGON Holding Ltda.

 

Brazil

Mongeral Aegon Renda Variavel Ltda

  100%  

Mongeral AEGON Investimentos Ltda.

 

Brazil

Mongeral AEGON Seguros e Previdência SA

  50%  

AEGON Brazil Holding B.V.

 

Brazil

Monumental General Administrators, Inc.

  100%  

AUSA Holding, LLC

 

MD, USA

MT ADMINISTRADORA E CORRETORA DE SEGUROS LTDA

  90%  

Mongeral AEGON Holding Ltda.

 

Brazil

Natural Resources Alternatives Portfolio 3, LLC

  85%  

Transamerica Life Insurance Company

 

DE, USA

Natural Resources Alternatives Portfolio 3, LLC

  15%  

Transamerica Financial Life Insurance Company

 

DE, USA

Natural Resources Alternatives Portfolio I, LLC

  32%  

Transamerica Life Insurance Company

 

DE, USA

Natural Resources Alternatives Portfolio I, LLC

  64%  

Transamerica Life Insurance Company

 

DE, USA

Natural Resources Alternatives Portfolio I, LLC

  4%  

Transamerica Financial Life Insurance Company

 

DE, USA

Natural Resources Alternatives Portfolio II, LLC

  35%  

Transamerica Life Insurance Company

 

DE, USA

Natural Resources Alternatives Portfolio II, LLC

  60%  

Transamerica Life Insurance Company

 

DE, USA

Natural Resources Alternatives Portfolio II, LLC

  5%  

Transamerica Financial Life Insurance Company

 

DE, USA

NEWCAST PROPERTY DEVELOPMENTS (ONE) LIMITED

  100%  

AEGON UK Property Fund Limited

 

United Kingdom


NEWCAST PROPERTY DEVELOPMENTS (TWO) LIMITED

  100%  

AEGON UK Property Fund Limited

 

United Kingdom

Nomagon Title Grandparent, LLC

  100%  

AEGON USA Asset Management Holding, LLC

 

DE, USA

Nomagon Title Holding 1, LLC

  100%  

Nomagon Title Parent, LLC

 

DE, USA

Nomagon Title Parent, LLC

  100%  

Nomagon Title Grandparent, LLC

 

DE, USA

North Westerly Holding B.V.

  100%  

AEGON Asset Management Holding B.V.

 

Netherlands

Origen Financial Services Limited

  100%  

Momentum Group Limited

 

United Kingdom

Origen Limited

  100%  

Momentum Group Limited

 

United Kingdom

Origen Trustee Services Limited

  100%  

Momentum Group Limited

 

United Kingdom

Osceola Mitigation Partners, LLC

  50%  

Mitigation Manager LLC

 

FL, USA

Pearl Holdings, Inc. I

  100%  

AEGON USA Asset Management Holding, LLC

 

DE, USA

Pearl Holdings, Inc. II

  100%  

AEGON USA Asset Management Holding, LLC

 

DE, USA

Pension Geeks Limited

  100%  

AEGON UK plc

 

United Kingdom

Peoples Benefit Services, LLC

  100%  

Transamerica Life Insurance Company

 

PA, USA

Phinance Spółka Akcyjna

  44%  

AEGON Growth Capital Fund I GP B.V.

 

Poland

Placer 400 Investors, LLC

  50%  

RCC North America LLC

 

CA, USA

PSL Acquisitions Operating, LLC

  100%  

RCC North America LLC

 

IA, USA

PT Futuready Insurance Broker

  80%  

AEGON DMS Holding B.V.

 

Indonesia

PT. Aegon Insights Indonesia

  0.84%  

Aegon Insights Limited

 

Indonesia

PT. Aegon Insights Indonesia

  99.16%  

AEGON DMS Holding B.V.

 

Indonesia

RCC North America LLC

  100%  

Transamerica Corporation

 

DE, USA

Real Estate Alternatives Portfolio 2, L.L.C.

  2.25%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 2, L.L.C.

  30.75%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 2, L.L.C.

  22.25%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 2, L.L.C.

  37.25%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 2, L.L.C.

  7.50%  

Transamerica Financial Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 3, L.L.C.

  1%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 3, L.L.C.

  25.60%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 3, L.L.C.

  73.40%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 3A, Inc.

  90.60%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 3A, Inc.

  9.40%  

Transamerica Financial Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 4 HR, LLC

  32%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 4 HR, LLC

  64%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 4 HR, LLC

  4%  

Transamerica Financial Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 4 MR, LLC

  64%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 4 MR, LLC

  32%  

Transamerica Life Insurance Company

 

DE, USA

Real Estate Alternatives Portfolio 4 MR, LLC

  4%  

Transamerica Financial Life Insurance Company

 

DE, USA

River Ridge Insurance Company

  100%  

AEGON Management Company

 

VT, USA

Rock Springs Drive, LLC

  98%  

Investors Warranty of America, LLC

 

MD, USA

SANTANDER GENERALES SEGUROS Y REASEGUROS, S.A.

  51%  

AEGON España, S.A.U. de Seguros y Reaseguros

 

Spain

SANTANDER VIDA SEGUROS Y REASEGUROS, S.A.

  51%  

AEGON España, S.A.U. de Seguros y Reaseguros

 

Spain

Scottish Equitable (Managed Funds) Limited

  Other Manner of Control  

Scottish Equitable Holdings Limited

 

United Kingdom

Scottish Equitable (Managed Funds) Limited

  100%  

Scottish Equitable plc

 

United Kingdom

Scottish Equitable Holdings Limited

  100%  

AEGON UK plc

 

United Kingdom

Scottish Equitable plc

  100%  

Scottish Equitable Holdings Limited

 

United Kingdom

Scottish Equitable plc

  Other Manner of Control  

AEGON UK plc

 

United Kingdom

Second FGP LLC

  100%  

FGH USA LLC

 

DE, USA

Serenitas, S.L.U.

  100%  

Aegon Iberia Holding BV, Sucursal en España

 

Spain

Seventh FGP LLC

  100%  

FGH USA LLC

 

DE, USA

Sicoob Seguradora de Vida e Previdência S.A.

  50%  

Mongeral AEGON Seguros e Previdência SA

 

Brazil

Simple2u Seguros S.A.

  100%  

Mongeral AEGON Seguros e Previdência SA

 

Brazil

St. Lucie West Development Company, LLC

  100%  

PSL Acquisitions Operating, LLC

 

FL, USA

Stonebridge Benefit Services, Inc.

  100%  

Commonwealth General Corporation

 

DE, USA

TA Private Equity Assets, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

TA-APOP I, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

TA-APOP I-A, LLC

  90%  

Transamerica Life Insurance Company

 

DE, USA

TA-APOP I-A, LLC

  10%  

Transamerica Financial Life Insurance Company

 

DE, USA

TA-APOP II, LLC

  73.19%  

Transamerica Life Insurance Company

 

DE, USA

TA-APOP II, LLC

  24.40%  

Transamerica Financial Life Insurance Company

 

DE, USA

TABR Realty Services, LLC

  100%  

AUSA Holding, LLC

 

DE, USA

TAH Imani Fe GP, LLC

  100%  

Garnet Assurance Corporation

 

CA, USA

TAH Pentagon Funds, LLC

  100%  

Transamerica Affordable Housing, Inc.

 

IA, USA

TAHP Fund 1, LLC

  100%  

Garnet LIHTC Fund IX, LLC

 

DE, USA

TAHP Fund 2, LLC

  100%  

Garnet LIHTC Fund VIII, LLC

 

DE, USA

TAHP Fund VII, LLC

  100%  

Garnet LIHTC Fund XIX, LLC

 

DE, USA

TAH-Solar SLP, LLC

  100%  

Transamerica Affordable Housing, Inc.

 

IA, USA

Tenet Group Limited (Minority Shareholding)

  23.27%  

AEGON UK plc

 

United Kingdom

THH Acquisitions, LLC

  100%  

Transamerica Life Insurance Company

 

IA, USA

TLIC Oakbrook Reinsurance Inc.

  100%  

Transamerica Life Insurance Company

 

IA, USA

TLIC Watertree Reinsurance Inc.

  100%  

Transamerica Life Insurance Company

 

IA, USA

Tradition Development Company, LLC

  100%  

PSL Acquisitions Operating, LLC

 

FL, USA

Tradition Land Company, LLC

  100%  

RCC North America LLC

 

IA, USA

Transamerica (Bermuda) Services Center, Ltd.

  100%  

AEGON International B.V.

 

Bermuda

Transamerica Affordable Housing, Inc.

  100%  

TABR Realty Services, LLC

 

CA, USA

Transamerica Agency Network, LLC

  100%  

AUSA Holding, LLC

 

IA, USA

Transamerica Asset Holding, LLC

  100%  

AUSA Holding, LLC

 

DE, USA

Transamerica Asset Management, Inc.

  23%  

AUSA Holding, LLC

 

CO, USA

Transamerica Asset Management, Inc.

  77%  

Transamerica Life Insurance Company

 

CO, USA

Transamerica Bermuda Re, Ltd.

  100%  

Transamerica Life Insurance Company

 

Bermuda


Transamerica Capital, LLC

  100%  

AUSA Holding, LLC

 

CO, USA

Transamerica Casualty Insurance Company

  100%  

Transamerica Corporation

 

IA, USA

Transamerica Corporation

  100%  

AEGON International B.V.

 

DE, USA

Transamerica Corporation

  100%  

Transamerica Corporation

 

OR, USA

Transamerica Direct Marketing Asia Pacific Pty. Ltd.

  100%  

AEGON DMS Holding B.V.

 

Australia

Transamerica Direct Marketing Consultants Private Limited

  100%  

AEGON DMS Holding B.V.

 

India

Transamerica Finance Corporation

  100%  

Transamerica Corporation

 

DE, USA

Transamerica Financial Advisors, LLC

  100%  

AUSA Holding, LLC

 

DE, USA

Transamerica Financial Life Insurance Company

  100%  

Transamerica Corporation

 

NY, USA

Transamerica Fund Services, Inc.

  55.87%  

AUSA Holding, LLC

 

CO, USA

Transamerica Fund Services, Inc.

  44.13%  

Transamerica Life Insurance Company

 

CO, USA

Transamerica Health Savings Solutions, LLC

  100%  

Transamerica Retirement Solutions, LLC

 

DE, USA

Transamerica Insurance Marketing Asia Pacific Pty. Ltd.

  100%  

Transamerica Direct Marketing Asia Pacific Pty. Ltd.

 

Australia

Transamerica International Direct Marketing Consultants, LLC

  49%  

AEGON Direct Marketing Services, Inc.

 

MD, USA

Transamerica Investors Securities, LLC

  100%  

Transamerica Retirement Solutions, LLC

 

DE, USA

Transamerica Life (Bermuda) Ltd.

  100%  

Transamerica Life Insurance Company

 

Bermuda

Transamerica Life Insurance Company

  100%  

Commonwealth General Corporation

 

IA, USA

Transamerica Life International (Bermuda) Ltd

  100%  

AEGON International B.V.

 

Bermuda

Transamerica Pacific Re, Inc.

  100%  

Transamerica Life Insurance Company

 

VT, USA

Transamerica Pyramid Properties, LLC

  100%  

Transamerica Life Insurance Company

 

DE, USA

Transamerica Resources, Inc.

  100%  

Monumental General Administrators, Inc.

 

MD, USA

Transamerica Retirement Advisors, LLC

  100%  

Transamerica Retirement Solutions, LLC

 

DE, USA

Transamerica Retirement Insurance Agency, LLC

  100%  

Transamerica Retirement Solutions, LLC

 

DE, USA

Transamerica Retirement Solutions, LLC

  100%  

AUSA Holding, LLC

 

DE, USA

Transamerica Stable Value Solutions Inc.

  100%  

Commonwealth General Corporation

 

DE, USA

Transamerica Travel and Conference Services, LLC

  100%  

Money Services, Inc.

 

IA, USA

Transamerica Trust Company

  100%  

AUSA Holding, LLC

 

IA, USA

Transamerica Ventures Fund II, LLC

  100%  

AUSA Holding, LLC

 

DE, USA

ULI Funding, LLC

  100%  

AUSA Holding, LLC

 

IA, USA

United Financial Services, Inc.

  100%  

Transamerica Corporation

 

MD, USA

WFG Insurance Agency of Puerto Rico, Inc.

  100%  

World Financial Group Insurance Agency, LLC

 

Puerto Rico

WFG Properties Holdings, LLC

  100%  

World Financial Group, Inc.

 

GA, USA

WFG Securities Inc.

  100%  

World Financial Group Holding Company of Canada Inc.

 

Canada

Winsocial Administradora de Benefícios Ltda.

  50.00%  

AEGON Brazil Holding II B.V.

 

Brazil

Woodpecker Asia Holding I B.V.

  100%  

Woodpecker Holding B.V.

 

Netherlands

Woodpecker Asia Holding II B.V.

  100%  

Woodpecker Holding B.V.

 

Netherlands

Woodpecker Asia Tech PTE Ltd.

  100%  

Woodpecker Holding B.V.

 

Singapore

Woodpecker Holding B.V.

  50.00%  

AEGON International B.V.

 

Netherlands

World Financial Group Holding Company of Canada Inc.

  100%  

Commonwealth General Corporation

 

Canada

World Financial Group Insurance Agency of Canada Inc.

  100%  

World Financial Group Holding Company of Canada Inc.

 

Canada

World Financial Group Insurance Agency of Hawaii, Inc.

  100%  

World Financial Group Insurance Agency, LLC

 

HI, USA

World Financial Group Insurance Agency of Massachusetts, Inc

  100%  

World Financial Group Insurance Agency, LLC

 

MA, USA

World Financial Group Insurance Agency of Wyoming, Inc.

  100%  

World Financial Group Insurance Agency, LLC

 

WY, USA

World Financial Group Insurance Agency, LLC

  100%  

AUSA Holding, LLC

 

CA, USA

World Financial Group, Inc.

  100%  

Transamerica Asset Holding, LLC

 

DE, USA

Yarra Rapids, LLC

  49.00%  

Real Estate Alternatives Portfolio 4 MR, LLC

 

DE, USA

Zahorik Company, Inc.

  100%  

AUSA Holding, LLC

 

CA, USA

Zero Beta Fund, LLC

  50.14%  

Transamerica Life Insurance Company

 

DE, USA

Zero Beta Fund, LLC

  33.28%  

Transamerica Life Insurance Company

 

DE, USA

Zero Beta Fund, LLC

  16.58%  

Transamerica Financial Life Insurance Company

 

DE, USA


Item 30. Indemnification

The New York Code (Sections 721 et. seq.) provides for permissive indemnification in certain situations, mandatory indemnification in other situations, and prohibits indemnification in certain situations. The Code also specifies procedures for determining when indemnification payments can be made.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Depositor pursuant to the foregoing provisions, or otherwise, the Depositor has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Depositor of expenses incurred or paid by a director, officer or controlling person in connection with the securities being registered), the Depositor will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.


Item 31 Principal Underwriters

(a) Transamerica Capital, LLC serves as the principal underwriter for:

Transamerica Capital, LLC serves as the principal underwriter for the Merrill Lynch Life Variable Annuity Separate Account, Merrill Lynch Life Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account B, Merrill Lynch Life Variable Annuity Separate Account C, Merrill Lynch Life Variable Annuity Separate Account D, Merrill Lynch Variable Life Separate Account, and Merrill Lynch Variable Life Separate Account II, Retirement Builder Variable Annuity Account, Separate Account Fund B, Separate Account Fund C, Separate Account VA AA, Separate Account VA B, Separate Account VA BB, Separate Account VA CC, Separate Account VA DD, Separate Account VA FF, Separate Account VA HH, Separate Account VA Q, Separate Account VA U, Separate Account VA V, Separate Account VA-1, Separate Account VA-2L, Separate Account VA-5, Separate Account VA-6, Separate Account VA-7, Separate Account VA-8, Separate Account VL, Separate Account VL E, Separate Account VUL-A, Separate Account VUL-1; Separate Account VUL-2, Separate Account VUL-3, Separate Account VUL-4, Separate Account VUL-5, Separate Account VUL-6, Transamerica Corporate Separate Account Sixteen, Transamerica Separate Account R3, Variable Life Account A, WRL Series Annuity Account, WRL Series Annuity Account B, WRL Series Life Account, WRL Series Life Account G, and WRL Series Life Corporate Account. These accounts are separate accounts of Transamerica Life Insurance Company.

Transamerica Capital, LLC serves as principal underwriter for ML of New York Variable Annuity Separate Account A, ML of New York Variable Annuity Separate Account B, ML of New York Variable Annuity Separate Account C, ML of New York Variable Annuity Separate Account D, ML of New York Variable Life Separate Account, ML of New York Variable Life Separate Account II, Separate Account VA BNY, Separate Account VA QNY, Separate Account VA-2LNY, Separate Account VA-5NLNY, Separate Account VA-6NY, TFLIC Separate Account B, TFLIC Separate Account C, TFLIC Separate Account VNY, TFLIC Pooled Account No. 44, TFLIC Series Annuity Account, TFLIC Series Life Account, and Transamerica Variable Funds. These accounts are separate accounts of Transamerica Financial Life Insurance Company.

Transamerica Capital, LLC also serves as principal underwriter for Transamerica Series Trust and Transamerica Funds.

(b) Directors and Officers of Transamerica Capital, LLC:

 

Name   

Principal

Business Address

   Position and Offices with Underwriter

Brian Beitzel

   (2)    Manager, Treasurer and Chief Financial Officer

Rob Carney

   (3)    Manager, Chairman of the Board, Chief Executive Officer and President

Doug Hellerman

   (3)    Vice President and Chief Compliance Officer

Timothy Ackerman

   (3)    Manager and Vice President

Mark Halloran

   (3)    Manager

Jennifer Pearce

   (3)    Vice President

Daniel Goodman

   (1)    Secretary

David Cheung

   (3)    Assistant Secretary

(1) 100 Light Street, Floor B1, Baltimore, MD 21202

(2) 6400 C Street SW, Cedar Rapids, IA 52499-0001

(3) 1801 California Street, Suite 5200, Denver, CO 80202


Item 32. Location of Accounts and Records

The records required to be maintained by Section 31(a) of the Investment Company Act of 1940 and Rules 31a-1 to 31a-3 promulgated thereunder, are maintained by Manager Regulatory Filing Unit, Transamerica Financial Life Insurance Company at 6400 C Street S.W., Cedar Rapids, Iowa 52499-0001.

Item 33. Management Services.

All management service policies, if any, are discussed in Part A or Part B.

Item 34. Fee Representation

The Depositor hereby represents that the fees and charges deducted under the contracts, in the aggregate, are reasonable in relation to

the services rendered, the expenses expected to be incurred, and the risks assumed by the Depositor.

SECTION 403(B) REPRESENTATIONS

Transamerica Financial Life Insurance Company represents that it is relying on a no-action letter dated November 28, 1988, to the American Council of Life Insurance (Ref. No. IP-6-88), regarding Sections 22(e), 27(c)(1), and 27(d) of the Investment Company Act of 1940, in connection with redeemability restrictions on Section 403(b) Policies, and that paragraphs numbered (1) through (4) of that letter will be complied with.


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Denver and State of Colorado, on June 13, 2025.

 

TFLIC POOLED ACCOUNT NO. 44
Registrant
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY
Depositor

 

Jaime Ohl *
Director and President

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 13, 2025.

 

Signatures

          

Title

 

  *      Director and President (principal executive officer)
Jamie Ohl           

 

  *      Director, President, Financial Assets (principal accounting officer)
Bonnie T. Gerst    

 

  *      Director and Chief Corporate Affairs Officer
Maurice Perkins    

 

  *      Director, Secretary, General Counsel and Senior Vice President
Andrew S. Williams    

 

  *      Chief Financial Officer, Executive Vice President and Treasurer (principal financial officer)
Matt Kepler    

 

  *      Director, Chief Strategy & Development Officer and Senior Vice President
Chris Giovanni    

 

  *      Director
Wendy E. Cooper       

 

  *      Director
Anne C. Kronenberg       

 

  *      Director
June Yuson       

/s/Brian Stallworth

     Assistant Secretary
Brian Stallworth       

  *By: Brian Stallworth – Attorney-in-Fact pursuant to Powers of Attorney filed previously and/or herewith.


ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

EX-99.(K)

EX-99.(L)(1)

EX-99.(L)(2)