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TRANSAMERICA ADVISOR ELITESM VARIABLE ANNUITY

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

Supplement Dated June 8, 2015

to the

Prospectus dated May 1, 2015

 

Effective on or about July 1, 2015, based on changes to the underlying fund portfolios, the following changes apply to the applicable subaccounts:

 

OLD SUBACCOUNT
NAME
  NEW SUBACCOUNT
NAME
  OLD PORTFOLIO
NAME
  NEW PORTFOLIO
NAME
  OLD SUBADVISOR   NEW SUBADVISOR
TA Aegon Tactical Vanguard ETF – Balanced   TA QS Investors Active Asset Allocation – Moderate   Transamerica Aegon Active Asset Allocation - Moderate VP   Transamerica QS Investors Active Asset Allocation – Moderate VP   Aegon USA Investment Management, LLC   QS Investors, LLC
TA Aegon Tactical Vanguard ETF – Conservative   TA QS Investors Active Asset Allocation – Conservative   Transamerica Aegon Active Asset Allocation – Conservative VP   Transamerica QS Investors Active Asset Allocation – Conservative VP   Aegon USA Investment Management, LLC   QS Investors, LLC
TA Aegon Tactical Vanguard ETF – Growth   TA QS Investors Active Asset Allocation – Moderate Growth   Transamerica Aegon Active Asset Allocation – Moderate Growth VP   Transamerica QS Investors Active Asset Allocation – Moderate Growth VP   Aegon USA Investment Management, LLC   QS Investors, LLC
TA Vanguard ETF - Balanced   TA Managed Risk – Balanced ETF   Transamerica Vanguard ETF Portfolio – Balanced VP   Transamerica Managed Risk – Balanced ETF VP   Aegon USA Investment Management, LLC   Milliman Financial Risk Management LLC
TA Vanguard ETF – Conservative   TA Managed Risk – Conservative ETF   Transamerica Vanguard ETF Portfolio – Conservative VP   Transamerica Managed Risk – Conservative ETF VP   Aegon USA Investment Management, LLC   Milliman Financial Risk Management LLC
TA Vanguard ETF - Growth   TA Managed Risk – Growth ETF   Transamerica Vanguard ETF Portfolio – Growth VP   Transamerica Managed Risk – Growth ETF VP   Aegon USA Investment Management, LLC   Milliman Financial Risk Management LLC

 

All references to the subaccount names, portfolio names and subadvisors in the prospectus are hereby amended as noted above.

 

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Transamerica Advisor EliteSM Variable Annuity dated May 1, 2015