Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities (Tables)

12 Months Ended

Dec. 31, 2013

Policyholder Account Balances, Future Policy Benefits and Claims and Separate Account Liabilities

Policyholder Account Balances, Future Policy Benefits and Unpaid Claims Disclosure

Policyholder account balances, future policy benefits and claims consisted of the following:

	December 31,
	2013				2012
	(in millions)
Policyholder account balances
Fixed annuities	$	13,826			$	14,420
Variable annuity fixed sub-accounts	4,926				4,833
VUL/UL insurance	2,790				2,725
IUL insurance	315				137
Other life insurance	878				909
Total policyholder account balances	22,735				23,024
Future policy benefits
Variable annuity GMWB	(383		)	(1)	799
Variable annuity GMAB	(62		)	(1)	103
Other annuity liabilities	76				158
Fixed annuities life contingent liabilities	1,523				1,520
EIA	29				33
Life, DI and LTC insurance	4,739				4,703
VUL/UL and other life insurance additional liabilities	336				330
Total future policy benefits	6,258				7,646
Policy claims and other policyholders’ funds	627				547
Total policyholder account balances, future policy benefits and claims	$	29,620			$	31,217

⁽¹⁾  Includes the value of GMWB and GMAB embedded derivatives which was a net asset at December 31, 2013 and the amount is reported as a contra liability.

Schedule of Separate Account Liabilities by Policy Type

Separate account liabilities consisted of the following:

	December 31,
	2013		2012
	(in millions)
Variable annuity	$	70,687	$	63,302
VUL insurance	6,885		6,051
Other insurance	44		42
Threadneedle investment liabilities	3,607		3,002
Total	$	81,223	$	72,397