TRANSAMERICA VARIABLE ANNUITY I-SHARE

TRANSAMERICA VARIABLE ANNUITY I-SHARE NY

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

Separate Account VA B

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

Separate Account VA BNY

Supplement Dated January 18, 2018

to the

Prospectus dated May 1, 2017

Effective on or about January 18, 2018, based on the change to the underlying fund portfolio, the name change will apply to the applicable subaccount:

PRIOR SUBACCOUNT NAME	NEW SUBACCOUNT NAME
REIT Index Portfolio	Real Estate Index Portfolio
Investment Objective: The Portfolio seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs and other real estate-related investments.

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Transamerica Variable Annuity I-Share & Transamerica Variable Annuity I-Share NY dated May 1, 2017