Form 497 SEPARATE ACCOUNT VA B
Transamerica LandmarkSM Variable Annuity | Transamerica FreedomSM Variable Annuity | |
Transamerica ExtraSM Variable Annuity | Transamerica LibertySM Variable Annuity | |
Transamerica AxiomSM Variable Annuity | Transamerica Variable Annuity Series | |
Transamerica Variable Annuity O-Share | Transamerica Variable Annuity I-Share | |
Transamerica Inspire® Variable Annuity | Transamerica AxiomSM II |
Issued by
TRANSAMERICA LIFE INSURANCE COMPANY
SEPARATE ACCOUNT VA B
Supplement dated September 30, 2022
to the
Prospectus dated May 1, 2022
Effective on or about November 1, 2022, based on changes to the underlying portfolios, the following name and subadvisor changes will occur:
Current Portfolio Name | New Portfolio Name | Current Subadvisor | New Subadvisor | |||
Transamerica Managed Risk - Balanced ETF VP | Transamerica Goldman Sachs Managed Risk - Balanced ETF VP | Milliman Financial Risk Management LLC | Goldman Sachs Asset Management, L.P. | |||
Transamerica Managed Risk - Conservative ETF VP | Transamerica Goldman Sachs Managed Risk - Conservative ETF VP | Milliman Financial Risk Management LLC | Goldman Sachs Asset Management, L.P. | |||
Transamerica Managed Risk - Growth ETF VP | Transamerica Goldman Sachs Managed Risk - Growth ETF VP |
Milliman Financial Risk Management LLC | Goldman Sachs Asset Management, L.P. |
Effective on or about November 1, 2022, based on changes to the underlying portfolios, the following name and subadvisor changes will occur:
Current Investment Objective |
New Investment Objective |
Current Portfolio Name |
New Portfolio Name |
Current Subadvisor |
New Subadvisor | |||||
Seeks total return, consisting of current income and capital appreciation |
Seeks to achieve maximum total return | Transamerica JPMorgan Core Bond VP | Transamerica Aegon Core Bond VP | J.P. Morgan Investment Management Inc | Aegon USA Investment Management, LLC | |||||
Seeks maximum total return consistent with preservation of capital and prudent investment management | Seeks to provide high total return through a combination of current income and capital appreciation | Transamerica PIMCO Total Return VP |
Transamerica Aegon Bond VP | Pacific Investment Management Company LLC | Aegon USA Investment Management, LLC |
This Supplement updates certain information in the above referenced prospectuses (the Prospectuses). Except as indicated in this Supplement, all other information included in the Prospectuses remains unchanged. We will send you another copy of the applicable Prospectus or any supplement without charge upon request. Please contact our Administrative Office referenced in the Prospectus.
This Supplement must be accompanied or preceded by the applicable Prospectus.
Please read this Supplement carefully and retain it for future reference.
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