Founded in 1958 by Bill Callaghan, WRL is based on the promise to protect its customers against life's uncertainties and has built a reputation on solid management, sound decisions and consumer confidence.

Measured growth became rapid expansion as WRL acquired other small insurance companies and their blocks of business. By the end of 1962, the company was able to conduct business in five states.

By the mid-70s, barely 16 years after its birth, the company achieved $1 billion of life insurance in force. The second billion came only two years thereafter. This phenomenal growth was a direct result of the success of the company's innovative products.

Sales soared when WRL introduced its first variable universal life insurance product in 1986. This revolutionary product gave consumers all the features of life insurance, including the flexibility to choose among investment options and accumulating cash value on a tax-deferred basis.

In 1991, WRL was acquired by AEGON N.V. AEGON is an international life insurance, pensions and asset management company headquartered in The Hague. As a strong global presence, AEGON has businesses in over 20 markets in the Americas, Europe and Asia and its ambition is to be a leader in all its chosen markets by 2015. For information about AEGON's financial results and strategies, please visit AEGON.

WRL continues its tradition of protecting its customers against life's uncertainties by offering a full portfolio of life insurance products to help customers achieve their dreams of financial security.