Transamerica Variable Insurance Fund, Inc.
Supplement Dated March 30, 1999
to Prospectus Dated May 1, 1998
The following information supplements the prospectus. You should read it
together with the prospectus.
1) The following changes to the Portfolio managers are effective immediately:
Money Market Portfolio Primary Manager since 1999: Rex A. Olson, CFA,
Securities Analyst, Transamerica Investment Services. Also manages the
Transamerica Premier Cash Reserve Fund and the Transamerica Cash Management
Fund, since 1999. Was co-manager of the TVIF Money Market Portfolio, the
Transamerica Premier Cash Reserve Fund and the Transamerica Cash Management
Fund. Member of the Los Angeles Society of Financial Analysts. Vice
President, Mitsubishi Trust, 1987-1997. B.S., University of Southern
California. Joined Transamerica in 1997.
Co-Manager since 1999: Peter O. Lopez, Senior Research Analyst,
Transamerica Investment Services. Assistant Vice President, Shields
Alliance, 1995-1997. Corporate Bond Associate, TIAA-CREF, 1993-1995. B.A.,
Arizona State University. M.B.A., University of Michigan. Joined
Transamerica in 1997.
2) On February 18, 1999, Transamerica Corporation announced that it had signed a
merger agreement with AEGON N.V., one of the world's leading international
insurance groups, providing for AEGON's acquisition of all of Transamerica's
outstanding common stock for a combination of cash and AEGON stock worth $9.7
billion. The closing of the transaction is expected to occur during the summer
of 1999.
Transamerica Corporation indirectly owns the Transamerica Variable Insurance
Fund's Investment Adviser, Transamerica Occidental Life Insurance Company, and
directly owns the Sub-Adviser, Transamerica Investment Services, Inc..
Transamerica Bounty Variable Annuity
Issued by
Transamerica Life Insurance and Annuity Company
Supplement Dated March 29, 1999
to Prospectus Dated October 2, 1998
The following information supplements the prospectus. You should read it
together with the prospectus.
On February 18, 1999, Transamerica Corporation announced that it had signed a
merger agreement with AEGON N.V., one of the world's leading international
insurance groups, providing for AEGON's acquisition of all of Transamerica's
outstanding common stock for a combination of cash and AEGON stock worth $9.7
billion. The closing of the transaction is expected to occur during the summer
of 1999.
Transamerica Corporation indirectly owns the issuer, Transamerica Life Insurance
and Annuity Company.
