Summary Prospectus for New Investors by Investment Company - Form 497VPI

497VPI

Transamerica B-Share Variable Annuity		Transamerica I-Share II Variable Annuity
Transamerica AxiomSM III Variable Annuity

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

and

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA BNY

Supplement dated November 12, 2024

to the

Prospectus dated May 1, 2024

Initial Summary Prospectus dated May 1, 2024

Effective immediately, based on changes to the underlying portfolios, the Appendix: Portfolio Companies Available Under the Policy is revised to reflect the following change:

Portfolio Name		Current Subadvisor		New Subadvisor
Transamerica International Focus VP		Epoch Investment Partners, Inc.		Sands Capital Management, LLC

This Supplement updates certain information in the above referenced Prospectus, and Initial Summary Prospectus. Except as indicated in this Supplement, all other information included in the Prospectus remains unchanged. We will send you another copy of the applicable Prospectus or any supplement without charge upon request. Please contact our Administrative Office referenced in the Prospectus.

This Supplement must be accompanied or preceded by the applicable Prospectus.

Please read this Supplement carefully and retain it for future reference.

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