Future Policy Benefits and Claims and Separate Account Liabilities

6 Months Ended

Jun. 30, 2011

Future Policy Benefits and Claims and Separate Account Liabilities

Future Policy Benefits and Claims and Separate Account Liabilities

7.  Future Policy Benefits and Claims and Separate Account Liabilities

Future policy benefits and claims consisted of the following:

	June 30, 2011		December 31, 2010
	(in millions)
Fixed annuities	$	16,381	$	16,520
Equity indexed annuity (“EIA”) accumulated host values	74		100
EIA embedded derivatives	2		3
Variable annuity fixed sub-accounts	4,755		4,868
Variable annuity guaranteed minimum withdrawal benefits (“GMWB”)	269		337
Variable annuity guaranteed minimum accumulation benefits (“GMAB”)	71		104
Other variable annuity guarantees	13		13
Total annuities	21,565		21,945
Variable universal life (“VUL”)/ universal life (“UL”) insurance	2,604		2,588
VUL/UL insurance additional liabilities	172		143
Other life, disability income and long term care insurance	5,114		5,004
Auto, home and other insurance	407		394
Policy claims and other policyholders’ funds	140		134
Total	$	30,002	$	30,208

Separate account liabilities consisted of the following:

	June 30, 2011		December 31, 2010
	(in millions)
Variable annuity variable sub-accounts	$	60,542	$	57,862
VUL insurance variable sub-accounts	6,096		5,887
Other insurance variable sub-accounts	45		46
Threadneedle investment liabilities	4,080		4,535
Total	$	70,763	$	68,330