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TRANSAMERICA ADVISOR ELITESM VARIABLE ANNUITY

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

Supplement Dated June 1, 2017

to the

Prospectus dated May 1, 2017

Effective on or about June 5, 2017, based on changes to the underlying fund portfolios, the name changes will apply to the applicable subaccounts:

 

PRIOR SUBACCOUNT NAME    NEW SUBACCOUNT NAME
Janus Aspen Enterprise Portfolio    Janus Henderson Enterprise Portfolio
Janus Aspen Global Research Portfolio    Janus Henderson Global Research Portfolio

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Transamerica Advisor EliteSM Variable Annuity dated May 1, 2017