Transamerica Corporation

:This article is about the U.S. corporation. For the board game, see TransAmerica (board game).

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Transamerica Corporation is an insurance and investment company in the United States.

Related Topics:
Insurance - Investment - United States

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In 1956, in response to the passage of the Bank Holding Company Act, Transamerica Corporation divested itself of its banking concerns, which then went on to become Bank of America. This left Transamerica with life insurance and property and casualty insurance operations.

Related Topics:
1956 - Bank Holding Company Act - Bank of America

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Over the next 20 years, Transamerica gradually became a diversified conglomerate whose subsidiaries included United Artists (a major motion picture studio), Transamerica Airlines, Budget Rent A Car, and a manufacturer of machinery.

Related Topics:
United Artists - Transamerica Airlines - Budget Rent A Car

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In 1972, construction of the Transamerica Pyramid skyscraper in San Francisco, California was completed. The company's headquarters was located in the building for many years, although today, it retains only a small presence in the building. Nevertheless, the company's logo still depicts the iconic building.

Related Topics:
1972 - Transamerica Pyramid - San Francisco, California

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In the 1980s, Transamerica sold all operations that were not related to its core competency of insurance and other financial services.

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In July 1999, Transamerica Corporation was acquired by AEGON, an insurance holding company based in the Netherlands, though much of the former Transamerica assets were subsequently sold to General Electric.

Related Topics:
1999 - AEGON - Netherlands - General Electric

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