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                     SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C. 20549



                                  FORM 8-K


                               CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934




Date of Report (Date of earliest event reported):  March 13, 1997



                          Transamerica Corporation
           (Exact name of registrant as specified in its charter)


         Delaware                  1-2964             94-0932740
(State or other jurisdiction    (Commission        (I.R.S. Employer
    of incorporation)           File Number)      Identification No.)


        600 Montgomery Street
        San Francisco, California                        94111
 (Address of principal executive offices)             (Zip Code)



     Registrant's telephone number, including area code:  (4l5) 983-4000

 


                               Not applicable
       (Former name or former address, if changed since last report.)


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Item 5.  Other Events.

     On March 13, 1997, Transamerica Corporation issued the press release
attached as Exhibit 99.

Item 7.  Financial Statements and Exhibits.

     (c)  Exhibits.

          99  Press Release - March 13, 1997.


                                 Signatures

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized. 

TRANSAMERICA CORPORATION
(Registrant)

Burton E. Broome
Vice President and Controller

Date:  March 27, 1997