Corporate Governance

Multi-jurisdictional governance

Transamerica Life Bermuda is incorporated in Bermuda, a stable and globally respected financial hub with a strong record of compliance and transparency. It is also subject to the European Union’s Solvency II regulatory regime and has “qualified jurisdiction” status from the National Association of Insurance Commissioners (NAIC)#.

Our operations are governed prudently to meet the respective statutory and solvency requirements of multiple regulating authorities:

• Bermuda Monetary Authority
• Insurance Authority of Hong Kong
• Monetary Authority of Singapore

Our operations are also backed by the committed financial support of Transamerica Life Insurance Company, a subsidiary of Aegon, which offers an array of innovative financial products and services in the U.S.

# The NAIC is the standard-setting and regulatory support organisation in the United States of America (U.S.), created and governed by the chief insurance regulators from the 50 states, the District of Columbia, and five U.S. territories.