|
Transamerica Corporaion is an insurance and investment company in the United States. Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. ...
// Definition Investment or investing is a term with several closely-related meanings in finance and economics. ...
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. 1956 (MCMLVI) was a leap year starting on Sunday of the Gregorian calendar. ...
Bank of America (BofA) NYSE: BAC, based in Charlotte, North Carolina, is the third largest commercial bank in the United States of America, measured in assets. ...
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. The current United Artists logo. ...
Trans International Airlines was a US airline. ...
Budget Rent a Car is a car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. ...
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. 1972 (MCMLXXII) was a leap year that started on a Saturday. ...
The Transamerica Pyramid. ...
The downtown San Francisco skyline, looking east from the central part of the city. ...
In the 1980s, Transamerica sold all operations that were not related to its core competency of insurance and other financial services. // Events and trends The 1980s marked an abrupt shift towards more conservative lifestyles after the momentous cultural revolutions which took place in the 1960s and 1970s and the definition of the AIDS virus in 1981. ...
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. 1999 (MCMXCIX) is a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ...
AEGON N.V. is one of the worldâs leading listed life insurance companies ranked by market capitalization and assets. ...
The General Electric Company, or GE, NYSE: GE is a multinational technology and services company. ...
External link |