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     <TD align=left width="55%"><FONT face="Times New Roman" size=2>As filed with the Securities and Exchange</FONT>&nbsp; </TD>
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     <TD align=right width="42%"><FONT face="Times New Roman" size=2>Registration No. 333-_<BR>
_____</FONT>&nbsp; </TD></TR>
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     <TD align=left width="55%"><FONT face="Times New Roman" size=2>Commission on April 08, 2008</FONT>&nbsp; </TD>
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<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</FONT></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">ING Life Insurance and Annuity Company</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Connecticut</FONT><BR>
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<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">71-0294708</FONT></TD></TR></TABLE></P>
<P align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">One Orange Way, C1S, Windsor, Connecticut 06095-4774, (860) 580-2831</FONT></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Michael A. Pignatella, Counsel</FONT></TD></TR></TABLE></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">ING Life Insurance and Annuity Company</FONT></TD></TR></TABLE></P>
<P align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">One Orange Way, C1S, Windsor, Connecticut 06095-4774</FONT></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(860) 580-2831</FONT></TD></TR></TABLE></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Approximate date of commencement of proposed sale to the public: </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">It is proposed that the public offering will commence as soon as practicable after effectiveness of this filing.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">If any of the securities being registered to this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the following box. [ X ]</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [&nbsp; ] </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ]</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ]</FONT></P>
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<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of &#147;large accelerated filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule 12b-2 of the Exchange Act. (Check one):</FONT></P>
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     <TD align=left width="37%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="Times New Roman" size=2>Large accelerated filer</FONT>&nbsp; </TD>
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     <TD align=left width="19%"><FONT face="Times New Roman" size=2>Accelerated filer</FONT>&nbsp; </TD>
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     <TD align=left width="37%" colSpan=3>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="Times New Roman" size=2>Non-accelerated filer</FONT>&nbsp; </TD>
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     <TD align=left width="57%" colSpan=5>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<FONT face="Times New Roman" size=2>(Do not check if a smaller reporting company)</FONT>&nbsp; </TD>
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     <TD align=center width="97%" colSpan=9><B><FONT face="Times New Roman" size=2>Calculation of Registration Fee</FONT></B> </TD></TR>
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     <TD align=left width="17%"><FONT face="Times New Roman" size=2>Title of Each</FONT>&nbsp; </TD>
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     <TD align=left width="18%"><FONT face="Times New Roman" size=2>Proposed</FONT>&nbsp; </TD>
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     <TD align=right width="19%"><FONT face="Times New Roman" size=2>Proposed</FONT>&nbsp; </TD>
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     <TD align=left width="17%"><FONT face="Times New Roman" size=2>Class of</FONT>&nbsp; </TD>
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     <TD align=left width="18%"><FONT face="Times New Roman" size=2>Maximum</FONT>&nbsp; </TD>
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     <TD align=left width="19%"><FONT face="Times New Roman" size=2>Maximum</FONT>&nbsp; </TD>
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     <TD align=left width="18%"><FONT face="Times New Roman" size=2>Offering Price</FONT>&nbsp; </TD>
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     <TD align=left width="19%"><FONT face="Times New Roman" size=2>Aggregate</FONT>&nbsp; </TD>
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     <TD align=left width="17%"><FONT face="Times New Roman" size=2>Amount of</FONT>&nbsp; </TD></TR>
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     <TD align=left width="17%"><FONT face="Times New Roman" size=2>Registered</FONT>&nbsp; </TD>
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     <TD align=left width="18%"><FONT face="Times New Roman" size=2>Registered</FONT>&nbsp; </TD>
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     <TD align=left width="18%"><FONT face="Times New Roman" size=2>Per Unit</FONT>&nbsp; </TD>
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     <TD align=left width="19%"><FONT face="Times New Roman" size=2>Offering Price</FONT>&nbsp; </TD>
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     <TD align=right width="18%"><FONT face="Times New Roman" size=2>*</FONT>&nbsp; </TD>
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     <TD align=right width="18%"><FONT face="Times New Roman" size=2>*</FONT>&nbsp; </TD>
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     <TD align=right width="19%"><FONT face="Times New Roman" size=2>$175,000,000</FONT>&nbsp; </TD>
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     <TD align=right width="17%"><FONT face="Times New Roman" size=2>$6,877.50</FONT>&nbsp; </TD></TR>
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<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">*The proposed maximum aggregate offering price is estimated solely for the purpose of determining the registration fee. The amount to be registered and the proposed maximum offering price per unit are not applicable since these securities are not issued in predetermined amounts or units.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to Rule 429(b) of the 1933 Act, unsold securities previously registered under Registration Statement No. 333-141040 are being carried forward to this Registration Statement. As of March 31, 2008, the amount of such unsold securities was $78,697,000.</FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">The Registrant hereby amends this Registration Statement on such dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to Section 8(a), may determine.</FONT></B></P>
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     <TD noWrap align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">PART I</FONT></B></TD></TR></TABLE></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">INFORMATION REQUIRED IN PROSPECTUS</FONT></B></P>
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<P align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=4>ING Life Insurance and Annuity Company Guaranteed Accumulation Account Prospectus -April 28, 2008 </FONT></B></P>
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     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Introduction</FONT></I></B></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Guaranteed Accumulation Account (GAA) is a fixed interest option available during the accumulation phase of certain variable annuity contracts issued by ING Life Insurance and Annuity Company (the Company, we, us, our). Read this prospectus carefully before investing in GAA and save it for future reference.</FONT></P>
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     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">General Description</FONT></I></B></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>GAA offers investors the opportunity to earn specified guaranteed rates of interest for specified periods of time, called guaranteed terms. We generally offer several guaranteed terms at any one time for those considering investing in GAA. Each guaranteed term offers a guaranteed interest rate for investments that remain in GAA for the duration of the specific guaranteed term. The guaranteed term establishes both the length of time for which we agree to credit a guaranteed interest rate and how long your investment must remain in GAA in order to receive the guaranteed interest rate.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We guarantee both principal and interest if, and only if, your investment remains invested for the full guaranteed term. Charges related to the contract, such as a maintenance fee or early withdrawal charge, may still apply even if you do not withdraw until the end of a guaranteed term. </FONT><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Investments taken out of GAA prior to the end of a guaranteed term may be subject to a market value adjustment, which may result in an investment gain or loss. See &#147;Market Value Adjustment,&#148; page 13.</FONT></B></P>
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     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>This prospectus will explain:</FONT></TD></TR></TABLE></P>
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<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Guaranteed interest rates and guaranteed terms;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Contributions to GAA;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Types of investments available, and how they are classified;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>How rates are offered;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>How there can be an investment risk, and how we calculate gain or loss;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Contract charges that can affect your account value in GAA;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Taking investments out of GAA; and</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>How to reinvest or withdraw at maturity.</FONT> </LI></UL>
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     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Additional Disclosure Information</FONT></I></B></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed on the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense. We do not intend for this prospectus to be an offer to sell or a solicitation of an offer to buy these securities in any state or jurisdiction that does not permit their sale. We have not authorized anyone to provide you with information that is different than that contained in this prospectus.</FONT></P>
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     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> Our Home Office:</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>ING Life Insurance and Annuity Company</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>One Orange Way</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Windsor, Connecticut 06095-4774</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>1-800-262-3862 </FONT></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>PRO.GAA-08</FONT></P>
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     <TD width="99%" colSpan=3> &nbsp; </TD></TR>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Summary</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>3</FONT>&nbsp; </TD></TR>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Description of the Guaranteed Accumulation Account</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>6</FONT>&nbsp; </TD></TR>
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     <TD align=left width="92%"><FONT face="Times New Roman" size=2>General, Contributions to GAA, Deposit Period, Guaranteed Terms, Guaranteed Term Classifications,</FONT>&nbsp; </TD>
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     <TD align=left width="92%"><FONT face="Times New Roman" size=2>Guaranteed Interest Rates, Interest Rate Lock, Maturity of a Guaranteed Term, Maturity Value Transfer</FONT>&nbsp; </TD>
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     <TD align=left width="92%"><FONT face="Times New Roman" size=2>Provision </FONT>&nbsp; </TD>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Transfers</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>10</FONT>&nbsp; </TD></TR>
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     <TD align=left width="92%"><FONT face="Times New Roman" size=2>Transfers from GAA, Transfers Between Guaranteed Term Classifications</FONT>&nbsp; </TD>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Withdrawals</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>11</FONT>&nbsp; </TD></TR>
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     <TD align=left width="92%"><FONT face="Times New Roman" size=2>Deferral of Payments, Reinvestment Privilege</FONT>&nbsp; </TD>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Market Value Adjustment (MVA)</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>13</FONT>&nbsp; </TD></TR>
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     <TD align=left width="92%"><FONT face="Times New Roman" size=2>Calculation of the MVA, Deposit Period Yield, Current Yield, MVA Formula</FONT>&nbsp; </TD>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Contract Charges</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>15</FONT>&nbsp; </TD></TR>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Other Topics</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>15</FONT>&nbsp; </TD></TR>
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     <TD align=left width="92%"><FONT face="Times New Roman" size=2>The Company, Income Phase, Contract Loans, Investments, Distribution of Contracts, Taxation, Experts,</FONT>&nbsp; </TD>
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     <TD align=right width="5%">&nbsp; </TD></TR>
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     <TD align=left width="92%"><FONT face="Times New Roman" size=2>Legal Matters, Further Information, Incorporation of Certain Documents by Reference, Inquiries</FONT>&nbsp; </TD>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Appendix I - Examples of Market Value Adjustment Calculations</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>19</FONT>&nbsp; </TD></TR>
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     <TD align=left width="92%"><B><FONT face="Times New Roman" size=2>Appendix II - Examples of Market Value Adjustment at Various Yields</FONT></B>&nbsp; </TD>
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     <TD align=right width="5%"><FONT face="Times New Roman" size=2>21</FONT>&nbsp; </TD></TR></TABLE><BR>
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     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>PRO.GAA-08</FONT></TD></TR></TABLE></P>
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     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>2</FONT></TD></TR></TABLE></P>
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<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>GAA is a fixed interest option that may be available during the accumulation phase of your annuity contract. The following is a summary of certain facts about GAA. </FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>In General. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Amounts that you invest in GAA will earn a guaranteed interest rate if left in GAA for a specified period of time (the guaranteed term). You must invest amounts in GAA for the full guaranteed term in order to receive the quoted guaranteed interest rate. If you withdraw or transfer those amounts before the end of the guaranteed term, we may apply a &#147;market value adjustment,&#148; which may be positive or negative. </FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Deposit Periods. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>A deposit period is the time during which we offer a specific guaranteed interest rate if you deposit dollars for a specific guaranteed term. For a particular guaranteed interest rate and guaranteed term to apply to your account dollars, you must invest them during the deposit period in which that rate and term are offered. </FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Guaranteed Terms. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>A guaranteed term is the period of time account dollars must be left in GAA in order to earn the guaranteed interest rate specified for that guaranteed term. We may offer different guaranteed terms at different times. Check with your representative or the Company to learn the details about the guaranteed term(s) currently offered. We reserve the right to limit the number of guaranteed terms or the availability of certain guaranteed terms. In addition, under certain contracts, we reserve the right to discontinue offering GAA, or to limit the availability of GAA guaranteed term classifications.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Some annuity contracts that offer GAA distinguish between short- and long-term classifications of GAA. Under those contracts, we make the following distinction: </FONT></P>
<UL>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Short-term classification&#151;three years or less.</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Long-term classification&#151;between three and ten years.</FONT> </LI></UL>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Guaranteed Interest Rates.</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> We guarantee different interest rates, depending upon when account dollars are invested in GAA. The interest rate we guarantee is an annual effective yield; that means that the rate reflects a full year&#146;s interest. We credit interest at a rate that will provide the guaranteed annual effective yield over one year. The guaranteed interest rate(s) is guaranteed for that deposit period and for the length of the guaranteed term. </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The guaranteed interest rates we offer will always meet or exceed the minimum interest rates agreed to in the contract. Apart from meeting the contractual minimum interest rates, we can in no way guarantee any aspect of future offerings. </FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Questions: Contacting the Company. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>To answer your questions, contact your sales representative or write or call our Home Office at: </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> ING</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>USFS Customer Service Defined Contribution Administration P.O. Box 990063 Hartford, CT 06199-0063 1-800-262-3862 </FONT></P>
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<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2> Interest Rate Lock.</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> Certain contracts may provide a 45 day interest rate lock in connection with external transfers into GAA, which you must elect at the time you initiate the external transfer. Under this rate lock provision we will deposit external transfers to the deposit period offering the greater of (a) and (b) where:</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>a)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>is the guaranteed interest rate for the deposit period in effect at the time we receive the rate lock election; and</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>b)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>is the guaranteed interest rate for the deposit period in effect at the time we receive an external transfer from your prior provider.</FONT> </TD></TR>
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     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>This rate lock will be available to all external transfers received for 45 days from the date we receive a rate lock election. In the event we receive an external transfer after this 45 day time period, it will be deposition to the deposit period in effect at the time we receive the external transfer, and will earn the guaranteed interest rate for that guaranteed term. Only one rate lock may be in effect at one time per contract &#150; once a rate lock has been elected, that rate lock will apply to all external transfers received during that 45 day period, and you may not elect to begin a new rate lock period during that 45 day period.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Amounts subject to the rate lock will not be deposited until the external transfer has been received, and will not be credited interest until deposited. This could result in the deposit being credited interest for a shorter term than if a rate lock had not been elected. The cost of providing a rate lock may be a factor we consider when determining the guaranteed interest rate for a deposit period, which impacts the guaranteed interest rate for all investors in that guaranteed term. </FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Fees and Other Deductions.</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> We do not make deductions from amounts in GAA to cover mortality and expense risks. Rather, we consider these risks when determining the credited rate. The following other types of charges may be deducted from amounts held in, withdrawn or transferred from GAA:</FONT></P>
<UL>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Market Value Adjustment (MVA). An MVA may be applied to amounts transferred or withdrawn prior to the</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>end of a guaranteed term, which reflects changes in interest rates since the deposit period. The MVA may be</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>positive or negative, and therefore may increase or decrease the amount withdrawn to satisfy a transfer or</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>withdrawal request. See &#147;Market Value Adjustment.&#148;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Tax Penalties and/or Tax Withholding. Amounts withdrawn may be subject to withholding for federal income</FONT> <FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif" size=2>taxes, as well as a 10% penalty tax for amounts withdrawn prior to your having attained age 59&#189;. See</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>&#147;Taxation&#148;; see also the &#147;Taxation&#148; section of the contract prospectus.</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Early Withdrawal Charge. An early withdrawal charge, which is a deferred sales charge, may apply to</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>amounts withdrawn from the contract, in order to reimburse us for some of the sales and administrative</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>expenses associated with the contract. See &#147;Contract Charges&#148;; see also the &#147;Fees&#148; section of the contract</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>prospectus.</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Maintenance Fee. An annual maintenance fee of up to $30 may be deducted pro rata from all funding options</FONT> <FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif" size=2>including GAA. See &#147;Contract Charges&#148;; see also the &#147;Fees&#148; section of the contract prospectus.</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Transfer Fees. Under some contracts transfer fees of up to $10 per transfer may be deducted from amounts</FONT> <FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif" size=2>held in or transferred from GAA during the accumulation phase. See &#147;Contract Charges&#148;; see also the &#147;Fees&#148;</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>section of the contract prospectus.</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Premium Taxes. We may deduct a charge for premium taxes of up to 4% from amounts in GAA. See</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>&#147;Contract Charges&#148;; see also the &#147;Fees&#148; section of the contract prospectus.</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Front End Sales Charges. Under some contracts, we may deduct front end sales charges of up to 6%. See</FONT> <FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif" size=2>&#147;Contract Charges&#148;; see also the &#147;Fees&#148; section of the contract prospectus.</FONT> </LI></UL>
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     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Market Value Adjustment (MVA). </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>If you withdraw or transfer all or part of your account value from GAA</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>before the guaranteed term is complete, an MVA may apply. The MVA reflects the change in the value of the</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>investment due to changes in interest rates since the date of deposit. The MVA may be positive or negative</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>depending upon interest rate activity at the time of withdrawal or transfer. </FONT></TD></TR></TABLE></P>
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     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Any MVA applied to a withdrawal or transfer from GAA will be calculated as an &#147;aggregate MVA,&#148; which is the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>sum of all MVA&#146;s applicable due to the withdrawal. See the sidebar on page 13 for an example of the calculation </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>of the aggregate MVA. The following withdrawals will be subject to an aggregate MVA only if it is positive: </FONT></TD></TR></TABLE></P>
<UL>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Withdrawals due to the election of a lifetime income option; and</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Withdrawals due to the death of the participant (if paid within the first six months following death). For</FONT> <FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif" size=2>certain contracts issued in the state of New York, this provision also applies in the event of disability, as</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>defined in the contract.</FONT> </LI></UL>
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     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>All other withdrawals will be subject to an aggregate MVA, regardless of whether it is positive or negative,</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>including:</FONT></TD></TR></TABLE></P>
<UL>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Withdrawals due to the election of a nonlifetime income option;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Payments due to the death of the participant, if paid more than six months following death (or disability, if</FONT> <FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif" size=2>applicable); and</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Full or partial withdrawals during the accumulation phase (except for withdrawals at the end of a guaranteed</FONT> <FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif" size=2>term or pursuant to the maturity value transfer provision - see &#147;Maturity of a Guaranteed Term&#148; and</FONT> <FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>&#147;Maturity Value Transfer Provision&#148;).</FONT> </LI></UL>
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     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> Under certain contracts that guarantee a death benefit equal to the greater of the &#147;adjusted purchase total&#148; or the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>current account value (excluding loans), the calculation of the current account value will include the aggregate </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>MVA only if it is positive, regardless of whether the death benefit is paid within six months following death. See </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the &#147;Death Benefit&#148; section of the contract prospectus. Under some of these contracts, an election to defer </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>payment of the death benefit will result in the application of the aggregate MVA, whether positive or negative, </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>when the beneficiary elects to begin distribution of the death benefit. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>See &#147;Description of the Guaranteed Accumulation Account&#148; and &#147;Market Value Adjustment.&#148;</FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Maturity of a Guaranteed Term. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>On or before the end of a guaranteed term, the contract holder or you, if </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>applicable, may instruct us to: </FONT></TD></TR></TABLE></P>
<UL>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Transfer the matured amount to one or more new guaranteed terms available under the current deposit period;</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Transfer the matured amount to other available investment options; or</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Withdraw the matured amount.</FONT> </LI></UL>
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     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Amounts withdrawn may be subject to an early withdrawal charge, maintenance fee, tax withholding, and tax </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>penalties. See &#147;Contract Charges&#148;; see also the &#147;Fees&#148; and &#147;Taxation&#148; sections of the contract prospectus. When a </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term ends, if we have not received instructions, we will automatically reinvest the maturing investment </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>into a guaranteed term available in the current deposit period. See &#147;Maturity of a Guaranteed Term&#148; and &#147;Maturity </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Value Transfer Provision.&#148; For contracts that distinguish between short- and long-term classifications, we will </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>generally transfer the maturing investment to the available deposit period for the guaranteed term having the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>shortest maturity within the same classification. For other contracts, we will generally transfer the maturing </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>investment in the following manner based upon availability: </FONT></TD></TR></TABLE></P>
<UL>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>To a guaranteed term of the same duration, if available; or</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>To a guaranteed term with the next shortest duration, if available; or</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>To a guaranteed term with the next longest duration.</FONT> </LI></UL>
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     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>If you do not provide instructions concerning the maturing amount on or before the end of a guaranteed term, and </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>this amount is automatically reinvested as noted above, the maturity value transfer provision will apply. </FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Maturity Value Transfer Provision. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>If we automatically transfer the matured investment into the current deposit </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>period, the contract holder or you, if applicable, may, for a limited time, transfer or withdraw all or a portion of </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the matured investment that was transferred without the application of an MVA. As described in &#147;Fees and Other </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Deductions&#148; above, other fees, including an early withdrawal charge and a maintenance fee, may be assessed on </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>amounts withdrawn. See &#147;Maturity Value Transfer Provision.&#148; </FONT></TD></TR></TABLE></P>
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<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Transfer of Account Dollars. </FONT></B><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Generally, account dollars invested in GAA may be transferred among
guaranteed terms offered through GAA, and/or to other investment options offered through the contract. However:</FONT></P>
<UL>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Transfers may not be made during the deposit period in which your account dollars are invested in GAA or</FONT> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">for
90 days after the close of that deposit period; and</FONT></LI>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">We may apply an MVA to transfers made before the end of a guaranteed term.</FONT></LI>
</UL>
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<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Transfers to other investment options offered through the contract may be subject to limits on frequent or </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">disruptive transfers or limits imposed by the underlying funds. See the &#147;Transfers&#148; and &#147;Investment Options&#148; </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">sections of your contract prospectus.</FONT><BR>
<BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Investments. </FONT></B><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Guaranteed interest rates credited during any guaranteed term do not necessarily
relate to </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">investment performance. Deposits received into GAA will generally be invested in federal, state and municipal </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">obligations, corporate bonds, preferred stocks, real estate mortgages, real estate, certain other fixed income </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">investments, and cash or cash equivalents. All of our general assets are available to meet guarantees under GAA. </FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Amounts allocated to GAA are held in a nonunitized separate account established by the Company under </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Connecticut law. To the extent provided for in the contract, assets of the separate account are not chargeable with </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">liabilities arising out of any other business that we conduct. See &#147;Investments.&#148; </FONT><BR>
<BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Notification of Maturity. </FONT></B><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">We will notify the contract holder or you, if applicable, at least 18
calendar days prior </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">to the maturity of a guaranteed term. We will include information relating to the current deposit period&#146;s </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">guaranteed interest rates and the available guaranteed terms. You may obtain information concerning available </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">deposit periods, guaranteed interest rates, and guaranteed terms by telephone five business days prior to the </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">maturity date (1-800-GAA-FUND or 1-800-422-3863). See &#147;Description of the Guaranteed Accumulation </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Account&#151;General&#148; and &#147;Maturity of a Guaranteed Term.&#148; </FONT></TD></TR></TABLE>
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<B><FONT size=5 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Description of the Guaranteed Accumulation Account </FONT></B><BR>
<BR>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">General</FONT></I></B><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">GAA offers guaranteed interest rates for specific guaranteed terms. For a particular guaranteed interest rate and </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">guaranteed term to apply to your account dollars, you must invest them during the deposit period during which </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">that rate and term are offered. Each deposit period may offer more than one guaranteed term. Guaranteed terms </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">may be classified according to length of time to maturity, and each deposit period may offer various guaranteed </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">terms within these classifications. </FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Any MVA applied to a withdrawal or transfer from GAA will be calculated as an &#147;aggregate MVA,&#148; which is the </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">sum of all MVAs applicable due to the withdrawal. See the sidebar on page 13 for an example of the calculation </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">of the aggregate MVA. The following withdrawals will be subject to an aggregate MVA only if it is positive: </FONT></TD></TR></TABLE>
</P>
<UL>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Withdrawals due to the election of a lifetime income option; and</FONT></LI>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Withdrawals due to the death of the participant (if paid within the first six months following death). For</FONT> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">certain contracts issued in the state of New York, this provision also applies in the event of disability, as</FONT> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">defined in the contract.</FONT></LI>
</UL>
<P align="left">
<TABLE><TR><TD width=12>&nbsp;</TD><TD nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">All other withdrawals will be subject to an aggregate MVA, regardless of whether it is positive or negative,</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">including: </FONT></TD></TR></TABLE>
</P>
<UL>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Withdrawals due to the election of a nonlifetime income option;</FONT></LI>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Payments due to the death of the participant, if paid more than six months following death (or disability, if</FONT> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">applicable); and</FONT></LI>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Full or partial withdrawals during the accumulation phase (except for withdrawals at the end of a guaranteed</FONT> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">term or pursuant to the maturity value transfer provision, see &#147;Maturity of a Guaranteed Term&#148; and</FONT> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">&#147;Maturity Value Transfer
Provision&#148;).</FONT></LI>
</UL>
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<P align="left">
<TABLE><TR><TD nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">We maintain a toll-free telephone number for those wishing to obtain information concerning available deposit </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">periods, guaranteed interest rates, and guaranteed terms. The telephone number is 1-800-GAA-FUND (1-800-422-</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3863). At least 18 calendar days before a guaranteed term matures, we will notify the contract holder or you, if </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">applicable, of the upcoming deposit period dates and the current guaranteed interest rates, guaranteed terms and </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">projected matured guaranteed term values.</FONT></TD></TR></TABLE>
</P>
<P align="left">
<TABLE><TR><TD width=9>&nbsp;</TD><TD nowrap>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Contributions to GAA </FONT></I></B></TD></TR></TABLE>
</P>
<P align="left">
<TABLE><TR><TD nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The contract holder or you, if applicable, may invest in the guaranteed terms available in the current deposit</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">period by allocating new purchase payments to GAA or by transferring a sum from other funding options</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">available under the contract or from other guaranteed terms. </FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Though we may require a minimum payment(s) to a contract, we do not require a minimum investment for a</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">guaranteed term. Refer to the contract prospectus. We reserve the right to establish a minimum amount for</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">transfers from other funding options. </FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Investments may not be transferred from a guaranteed term during the deposit period in which the investment is</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">applied nor during the first 90 days after the close of the deposit period. This restriction does not apply to amounts</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">transferred or withdrawn under the maturity value transfer provision. See &#147;Maturity Value Transfer Provision.&#148;</FONT></TD></TR></TABLE>
</P>
<P align="left">
<TABLE><TR><TD width=9>&nbsp;</TD><TD nowrap>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Deposit Period</FONT></I></B></TD></TR></TABLE>
</P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The deposit period is the period of time during which the contract holder or you, if applicable, may direct investments to a particular guaranteed term(s) and receive a stipulated
guaranteed interest rate(s). Each deposit period may be a month, a calendar quarter, or any other period of time we specify. </FONT></P>
<P align="left">
<TABLE><TR><TD width=9>&nbsp;</TD><TD nowrap>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Guaranteed Terms</FONT></I></B></TD></TR></TABLE>
</P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">A guaranteed term is the time we specify during which we credit the guaranteed interest rate. Generally, we will offer at least one guaranteed term of three years or less and one
guaranteed term of more than three years in any deposit period. However, under certain contracts we reserve the right to limit the guaranteed terms or guaranteed term classifications offered, as well as the right to discontinue offering GAA. We
offer guaranteed terms at our discretion for various periods ranging from one to ten years. </FONT></P>
<P align="left">
<TABLE><TR><TD width=9>&nbsp;</TD><TD nowrap>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Guaranteed Term Classifications </FONT></I></B></TD></TR></TABLE>
</P>
<P align="left">
<TABLE><TR><TD width=9>&nbsp;</TD><TD nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Some contracts distinguish between long-term and short-term guaranteed term classifications. The following are </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the guaranteed term classifications:</FONT></TD></TR></TABLE>
</P>
<UL>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Short-term&#151;All guaranteed terms of three years or less.</FONT></LI>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Long-term&#151;All guaranteed terms of between three and ten years.</FONT></LI>
</UL>
<P align="left">
<TABLE><TR><TD nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">During each deposit period, we may offer more than one guaranteed term within each guaranteed term </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">classification. The contract holder or you, if applicable, may allocate investments to guaranteed terms within one </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">or both guaranteed term classifications during a deposit period. </FONT></TD></TR></TABLE>
</P>
<P align="left">
<TABLE><TR><TD width=9>&nbsp;</TD><TD nowrap>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Guaranteed Interest Rates </FONT></I></B></TD></TR></TABLE>
</P>
<P align="left">
<TABLE><TR><TD width=5>&nbsp;</TD><TD nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Guaranteed interest rates are the rates that we guarantee will be credited on amounts applied during a deposit</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">period for a specific guaranteed term. Guaranteed interest rates are annual effective yields, reflecting a full year&#146;s</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">interest. We credit interest at a rate that will provide the guaranteed annual effective yield over one year.</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Guaranteed interest rates are credited according to the length of the guaranteed term as follows: </FONT></TD></TR></TABLE>
</P>
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<FONT size=2 face="Times New Roman">7</FONT>&nbsp;
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     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Guaranteed Terms of One Year or Less: </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The guaranteed interest rate is credited from the date of deposit to the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>last day of the guaranteed term. </FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Guaranteed Terms of Greater than One Year: </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Except for certain contracts issued in the state of New York, </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>several different guaranteed interest rates may be applicable during a guaranteed term of more than one year. The </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>initial guaranteed interest rate is credited from the date of deposit to the end of a specified period within the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term. We may credit several different guaranteed interest rates for subsequent specific periods of time </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>within the guaranteed term. For example, for a five-year guaranteed term we may guarantee 5% for the first year, </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>4.75% for the next two years, and 4.5% for the remaining two years. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We will not guarantee or credit a guaranteed interest rate below the minimum rate specified in the contract, nor </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>will we credit interest at a rate above the guaranteed interest rate we announce prior to the start of a deposit </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>period. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> Our guaranteed interest rates are influenced by, but do not necessarily correspond to, interest rates available on </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>fixed income investments we may buy using deposits directed to GAA. See &#147;Investments.&#148; We consider other </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>factors when determining guaranteed interest rates including regulatory and tax requirements, sales commissions </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>and administrative expenses borne by the Company, general economic trends, competitive factors, and whether an </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>interest rate lock is being offered for that guaranteed term under certain contracts. </FONT><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>We make the final </FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>determination regarding guaranteed interest rates. We cannot predict the level of future guaranteed </FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>interest rates. </FONT></B><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2> Interest Rate Lock.</FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> Certain contracts may provide a 45 day interest rate lock in connection with external </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>transfers into GAA, which you must elect at the time you initiate the external transfer. Under this rate lock </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>provision we will deposit external transfers to the deposit period offering the greater of (a) and (b) where:</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>a)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>is the guaranteed interest rate for the deposit period in effect at the time we receive the rate lock election; and</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>b)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>is the guaranteed interest rate for the deposit period in effect at the time we receive an external transfer from your prior provider.</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left>
<TABLE>
<TR>
     <TD width=2>&nbsp;</TD>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>This rate lock will be available to all external transfers received for 45 days from the date we receive a rate lock </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>election. In the event we receive an external transfer after this 45 day time period, it will be deposition to the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>deposit period in effect at the time we receive the external transfer, and will earn the guaranteed interest rate for </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>that guaranteed term. Only one rate lock may be in effect at one time per contract &#150; once a rate lock has been </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>elected, that rate lock will apply to all external transfers received during that 45 day period, and you may not elect </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>to begin a new rate lock period during that 45 day period.</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Amounts subject to the rate lock will not be deposited until the external transfer has been received, and will not be </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>credited interest until deposited. This could result in the deposit being credited interest for a shorter term than if a </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>rate lock had not been elected. The cost of providing a rate lock may be a factor we consider when determining </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the guaranteed interest rate for a deposit period, which impacts the guaranteed interest rate for all investors in that </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term. </FONT></TD></TR></TABLE></P>
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     <TD align=left width="59%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="38%"><FONT face="Times New Roman" size=2>8</FONT>&nbsp; </TD></TR></TABLE><BR>
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     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Maturity of a Guaranteed Term</FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>At least 18 calendar days prior to the maturity of a guaranteed term, we will</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>notify the contract holder or you, if applicable, of the upcoming deposit</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>period, the projected value of the amount maturing at the end of the</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term, and the guaranteed interest rate(s) and guaranteed term(s)</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>available for the current deposit period. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>When a guaranteed term matures, the amounts in any maturing guaranteed</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>term may be: </FONT><BR>
<BR>
<FONT face="MT-Extra,Times New Roman,Times,serif" size=2></FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Transferred to one or more new guaranteed terms available under the</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>current deposit period; or </FONT></TD></TR></TABLE></P>
<UL>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Transferred to other available investment options; or</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Withdrawn from the contract.</FONT> </LI></UL>
<P align=left>
<TABLE>
<TR>
     <TD width=7>&nbsp;</TD>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We do not apply an MVA to amounts transferred or surrendered from a </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term on the date the guaranteed term matures. Amounts </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>withdrawn, however, may be subject to an early withdrawal charge, a </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>maintenance fee, taxation, and tax penalties. If we have not received direction </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>from the contract holder or you, if applicable, by the maturity date of a </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term, we will automatically transfer the matured value to one of </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the following: </FONT><BR>
<BR>
<FONT face="MT-Extra,Times New Roman,Times,serif" size=2></FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>For contracts distinguishing between short- and long-term classifications, </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>we will generally transfer the amount maturing to the available deposit period </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>for the guaranteed term having the shortest maturity within the same </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>classification, though it may be different than the maturing term; or</FONT><BR>
<FONT face="MT-Extra,Times New Roman,Times,serif" size=2></FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>For contracts that do not distinguish between short- and long-term </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>classifications, we will generally transfer the maturing amount as follows:</FONT></TD></TR></TABLE></P>
<UL>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>To a guaranteed term of the same duration, if available; or</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>To a guaranteed term with the next shortest duration, if available; or</FONT>
<LI><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>To a guaranteed term with the next longest duration.</FONT> </LI></UL>
<P align=left>
<TABLE>
<TR>
     <TD width=3>&nbsp;</TD>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The contract holder or you, if applicable, will receive a confirmation </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>statement, plus information on the new guaranteed interest rate(s) and </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed terms. </FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="74%"><B><I><FONT face="Times New Roman" size=2>Maturity Value Transfer Provision</FONT></I></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%" bgColor=#e0e0e0><B><I><FONT face="Times New Roman" size=2>Business Day&#151;</FONT></I></B><FONT face="Times New &#13;&#10;Roman" size=2>any</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="74%"></TD>
     <TD width="2%"></TD>
     <TD width="23%" bgColor=#e0e0e0>
<HR noShade SIZE=2>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>day on which the</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="74%"></TD>
     <TD width="2%"></TD>
     <TD width="23%" bgColor=#e0e0e0>
<HR noShade SIZE=2>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>If we automatically reinvest the proceeds from a matured guaranteed term,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>New York Stock</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="74%"></TD>
     <TD width="2%"></TD>
     <TD width="23%" bgColor=#e0e0e0>
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</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>the contract holder or you, if applicable, may transfer or withdraw from</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>Exchange is open.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>GAA the amount that was reinvested without an MVA. An early withdrawal</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>charge and maintenance fee may apply to withdrawals. If the full amount</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>reinvested is transferred or withdrawn, we will include interest credited to</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>the date of the transfer or withdrawal. This provision is only available until</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>the last business day of the month following the maturity date of the prior</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>guaranteed term. This provision only applies to the first transfer or</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>withdrawal request received from the contract holder or you, if applicable,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>with respect to a particular matured guaranteed term value, regardless of the</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="74%"><FONT face="Times New Roman" size=2>amount involved in the transaction.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="23%">&nbsp; </TD></TR></TABLE><BR>
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     <TD align=left width="59%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="38%"><FONT face="Times New Roman" size=2>9</FONT>&nbsp; </TD></TR></TABLE><BR>
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     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>Transfers </FONT></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We allow the contract holder or you, if applicable, to transfer all or a portion of your account value to GAA or to </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>other investment options under the contract. We do not allow transfers from any guaranteed term to any other </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term or investment option during the deposit period for that guaranteed term or for 90 days following </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the close of that deposit period, except for amounts transferred under the maturity value transfer provision. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We do not apply an MVA to the value transferred upon maturity of a guaranteed term nor for values transferred </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>under the maturity value transfer provision. We do not count either of these types of transfers as one of the 12 free </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>transfers allowed per calendar year by those contracts allowing only 12 free transfers. Transfers to other </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>investment options through the contract may be subject to limits on frequent or disruptive transfers or limits </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>imposed by the underlying funds. See the &#147;Transfers&#148; and &#147;Investment Options&#148; sections of your contract </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>prospectus.</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>When the contract holder or you, if applicable, requests the transfer of a specific dollar amount, we account for </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>any applicable MVA in determining the amount to be withdrawn from a guaranteed term(s) to fulfill the request. </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Therefore, the amount we actually withdraw from the guaranteed term(s) may be more or less than the requested </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>dollar amount. See &#147;Appendix I&#148; for an example. For more information on transfers, see the contract prospectus.</FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Transfers From GAA</FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>For contracts that do not distinguish between short- and long-term classifications, the contract holder or you, if </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>applicable, may choose the guaranteed term from which funds will be first withdrawn. If there is more than one </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term of the same duration, we will withdraw funds starting from the oldest guaranteed term that has </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>not reached maturity.</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>If we do not receive directions, we will withdraw funds pro rata from each guaranteed term in which you are </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>invested. If there is more than one guaranteed term of the same duration, we will withdraw funds starting from the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>oldest guaranteed term that has not reached maturity. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>For contracts that distinguish between short- and long-term classifications, the contract holder or you, if </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>applicable, may choose the guaranteed term classification from which funds will be first withdrawn. We will </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>withdraw funds starting from the oldest guaranteed term that has not reached maturity within the classification </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>chosen. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>If we do not receive directions, we will withdraw funds pro rata from the guaranteed term classifications, starting </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>with the oldest guaranteed term that has not reached maturity, and any other investment options. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We will apply an MVA to transfers made before the end of a guaranteed term. See &#147;Market Value Adjustment.&#148; </FONT><BR>
<BR>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Transfers Between Guaranteed Term Classifications</FONT></I></B><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>(For contracts that distinguish between short-term and long-term classifications only) </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The contract holder or you, if applicable, may transfer amounts from short-term guaranteed terms to available </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>long-term guaranteed terms of the current deposit period, or from long-term guaranteed terms to available short-</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>term guaranteed terms of the current deposit period. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>For example, funds may be transferred from a three-year guaranteed term (any time after 90 days from the close </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>of the deposit period applicable to that three-year guaranteed term) to the open deposit period of a seven-year </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term. </FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>10</FONT>&nbsp; </TD></TR></TABLE><BR>
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<TR>
     <TD width=15>&nbsp;</TD>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Funds will be first transferred from the oldest deposit period for which the guaranteed term has not reached </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>maturity and we will assess an MVA on the transferred amount. These transfers are counted toward the 12 free </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>transfers allowed per calendar year by those contracts allowing only 12 free transfers. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We do not permit the transfer of value from one guaranteed term prior to its maturity to another guaranteed term </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>within the same classification. For example, we do not permit transfers from one-year to three-year, one-year to </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>one-year, five-year to seven-year, or ten-year to seven-year guaranteed terms. </FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>Withdrawals </FONT></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The contract allows for full or partial withdrawals from GAA at any time during the accumulation phase. To make</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>a full or partial withdrawal, a request form (available from us) must be properly completed and submitted to our</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Home Office (or other designated office as provided in the contract).</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Partial withdrawals are made pro rata from funding options unless the contract holder or you, if applicable,</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>request otherwise. For contracts that do not distinguish between short- and long-term classifications, each</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term is considered a separate funding option for the purpose of a partial withdrawal. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The contract holder or you, if applicable, may choose the guaranteed term from which funds will be withdrawn. If</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>there is more than one guaranteed term of the same duration, we will withdraw funds starting from the oldest</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>guaranteed term that has not reached maturity. If no guaranteed term is elected, we will withdraw funds pro rata</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>from each guaranteed term in which you are invested. If there is more than one guaranteed term of the same</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>duration, we will withdraw funds starting from the oldest guaranteed term that has not reached maturity. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> For contracts distinguishing between short- and long-term classifications, each guaranteed term classification is</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>considered a separate funding option for the purpose of a partial withdrawal. The contract holder or you, if</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>applicable, may elect to take a partial withdrawal from either guaranteed term classification. We will first</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>withdraw funds from the oldest guaranteed term that has not reached maturity within the chosen classification. If</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>no guaranteed term classification is elected, we will withdraw funds pro rata from each classification (starting</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>with the oldest guaranteed term that has not reached maturity) and other funding options. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> We may apply an MVA to withdrawals made prior to the end of a guaranteed term, except for withdrawals made</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>under the maturity value transfer provision. See &#147;Market Value Adjustment.&#148; We may deduct an early withdrawal</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>charge and a maintenance fee depending upon the terms of the contract. The early withdrawal charge is a deferred</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>sales charge that may be deducted upon withdrawal to reimburse us for some of the sales and administrative</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>expenses associated with the contract. A maintenance fee up to $30 may be deducted pro rata from each of the</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>funding options, including GAA. Refer to the contract prospectus for a description of these fees. When a request</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>for a partial withdrawal of a specific dollar amount is made, we will include the MVA in determining the amount</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>to be withdrawn from the guaranteed term(s) to fulfill the request. Therefore, the amount we actually take from</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the guaranteed term(s) may be more or less than the dollar amount requested. See &#147;Appendix I&#148; for an example. </FONT></TD></TR></TABLE></P>
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<TR>
     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Deferral of Payments</FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Under certain emergency conditions, we may defer payment of a GAA withdrawal for up to six months. Refer to </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the contract prospectus for more details. </FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>11</FONT>&nbsp; </TD></TR></TABLE><BR>
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<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Reinvestment Privilege</FONT></I></B><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">If allowed by the contract, the contract holder or you, if applicable, may elect to reinvest all or a portion of a full </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">withdrawal during the 30 days following such a withdrawal. We must receive amounts for reinvestment within 60 </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">days of the withdrawal. </FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">We will apply reinvested amounts to the current deposit period. This means that the guaranteed annual interest </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">rate and guaranteed terms available on the date of reinvestment will apply. Amounts are reinvested in the </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">guaranteed term classifications, where applicable, in the same proportion as prior to the full withdrawal. Any </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">negative MVA we applied to a withdrawal will not be refunded, and any taxes that were withheld may also not be </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">refunded. Refer to the contract prospectus for further details. </FONT></TD></TR></TABLE>
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<FONT size=2 face="Times New Roman">PRO.GAA-08</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=right width=39%>
<FONT size=2 face="Times New Roman">12</FONT>&nbsp;
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     <TD align=left width="68%" colSpan=3><B><FONT face="Times New Roman" size=2>Market Value Adjustment (MVA)</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>We apply an MVA to amounts transferred or withdrawn from GAA prior to</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><B><FONT face="Times New Roman" size=2>Aggregate MVA </FONT></B><FONT face="Times New Roman" size=2>is the total of</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
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</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>the end of a guaranteed term. To accommodate early withdrawals or</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>all MVAs applied due to a</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>transfers, we may need to liquidate certain assets or use cash that could</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>transfer or withdrawal.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>otherwise be invested at current interest rates. When we sell assets</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>prematurely we could realize a profit or loss depending upon market</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><B><FONT face="Times New Roman" size=2>Calculation of the Aggregate</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
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</TD></TR>
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     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>conditions.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><B><FONT face="Times New Roman" size=2>MVA&#151;</FONT></B><FONT face="Times New Roman" size=2>In order to satisfy a</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>transfer or withdrawal,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="2%"></TD>
     <TD width="2%"></TD>
     <TD width="64%"></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>The MVA reflects changes in interest rates since the deposit period. When</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>amounts may be withdrawn</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>interest rates increase after the deposit period, the value of the investment</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>from more than one</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>decreases and the market value adjustment amount may be negative.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>guaranteed term, with more</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>Conversely, when interest rates decrease after the deposit period, the value</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>than one guaranteed interest</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
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</TD></TR>
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     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>of the investment increases and the market value adjustment amount may be</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>rate. In order to determine the</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>positive. Therefore, the application of an MVA may increase or decrease the</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>MVA applicable to such a</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>amount withdrawn from a guaranteed term to satisfy a withdrawal or</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>transfer or withdrawal, the</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
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     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>transfer request.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>MVAs applicable to </FONT><I><FONT face="Times New &#13;&#10;Roman" size=2>each</FONT></I>&nbsp; </TD></TR>
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     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
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</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><I><FONT face="Times New Roman" size=2>guaranteed term </FONT></I><FONT face="Times New Roman" size=2>will be added</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="2%"></TD>
     <TD width="2%"></TD>
     <TD width="64%"></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
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<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>An MVA applied to a withdrawal or transfer from GAA will be calculated</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>together, in order to determine</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
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     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>as an &#147;aggregate MVA,&#148; which is the sum of all MVAs applicable due to</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>the &#147;aggregate MVA.&#148;</FONT>&nbsp; </TD></TR>
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     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
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     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>the withdrawal. See the sidebar on this page for an example of the</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>calculation of the aggregate MVA. The following withdrawals will be</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><B><FONT face="Times New Roman" size=2>Example: </FONT></B><FONT face="Times New Roman" size=2>$1,000 withdrawal,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>subject to an aggregate MVA only if it is positive:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>two guaranteed terms,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%"><FONT face="Times New Roman" size=2></FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>Withdrawals due to the election of a lifetime income option; and</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%"><FONT face="Times New Roman" size=2></FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>Withdrawals due to the death of the participant (if paid within the first</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>MVA1 = $10, MVA2 = - $30</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="2%"></TD>
     <TD width="2%"></TD>
     <TD width="64%"></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>six months following death). For certain contracts issued in the state of</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>$10 + - $30 = - $20.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="2%"></TD>
     <TD width="2%"></TD>
     <TD width="64%"></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>New York, this provision also applies in the event of disability, as</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>Aggregate MVA = - $20.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="2%"></TD>
     <TD width="2%"></TD>
     <TD width="64%"></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>defined in the contract.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>All other withdrawals will be subject to an aggregate MVA, regardless of</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><B><FONT face="Times New Roman" size=2>Example: </FONT></B><FONT face="Times New Roman" size=2>$1,000 withdrawal,</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="68%" colSpan=3><FONT face="Times New Roman" size=2>whether it is positive or negative, including:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>two guaranteed terms.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="68%" colSpan=3></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%"><FONT face="Times New Roman" size=2></FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>Withdrawals due to the election of a nonlifetime income option;</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>MVA1 = $30, MVA2 = - $10</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="2%"></TD>
     <TD width="2%"></TD>
     <TD width="64%"></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%"><FONT face="Times New Roman" size=2></FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2> Payments due to the death of the participant, if paid more than six</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>$30 + - $10 = $20.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="2%"></TD>
     <TD width="2%"></TD>
     <TD width="64%"></TD>
     <TD width="2%"></TD>
     <TD width="29%" bgColor=#e0e0e0>
<HR noShade SIZE=1>
</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>months following death (or disability, if applicable under your</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0><FONT face="Times New Roman" size=2>Aggregate MVA = $20.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>contract); and</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%" bgColor=#e0e0e0>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%"><FONT face="Times New Roman" size=2></FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>Full or partial withdrawals during the accumulation phase (except for</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>withdrawals at the end of a guaranteed term or pursuant to the maturity</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>value transfer provision, see &#147;Maturity of a Guaranteed Term&#148; and</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="2%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="64%"><FONT face="Times New Roman" size=2>&#147;Maturity Value Transfer Provision&#148;). </FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="29%">&nbsp; </TD></TR></TABLE><BR>
<P align=left>
<TABLE>
<TR>
     <TD width=4>&nbsp;</TD>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Should two or more consecutive guaranteed terms have the same guaranteed </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>interest rate and mature on the same date, we will calculate an MVA </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>applicable to each. We will apply the MVA that is more favorable to you to </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>any withdrawal or transfer from either guaranteed term prior to their </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>maturity.</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Under some contracts, election of a Systematic Distribution Option, as </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>described in the contract prospectus, will not result in an MVA being </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>applied to amounts withdrawn from GAA.</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> Under certain contracts that guarantee a death benefit equal to the greater of </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the &#147;adjusted purchase total&#148; or the current account value (excluding loans), </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the calculation of the current account value will include the aggregate </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>MVA only if it is positive, regardless of whether the death benefit is paid </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>within six months following death. See the &#147;Death Benefit&#148; section of the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Contract Prospectus. Under some of these contracts, an election to defer </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>payment of the death benefit will result in the application of the aggregate </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>MVA, whether positive or negative when the beneficiary elects to begin </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>distribution of the death benefit. </FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>13</FONT>&nbsp; </TD></TR></TABLE><BR>
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<P align="left">
<TABLE><TR><TD width=9>&nbsp;</TD><TD nowrap>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Calculation of the MVA</FONT></I></B><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The amount of the MVA depends on the relationship between:</FONT></TD></TR></TABLE>
</P>
<UL>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The deposit period yield of U.S. Treasury Notes that will mature in the last quarter of the guaranteed term;</FONT> <FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">and</FONT></LI>
<LI>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The current yield of such U.S. Treasury Notes at the time of withdrawal.</FONT></LI>
</UL>
<P align="left">
<TABLE><TR><TD width=13>&nbsp;</TD><TD nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">If the current yield is less than the deposit period yield, the MVA will decrease the amount withdrawn from a </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">guaranteed term to satisfy a transfer or withdrawal request (the MVA will be positive). If the current yield is </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">greater than the deposit period yield, the MVA will increase the amount withdrawn from a guaranteed term (the </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">MVA will be negative). </FONT></TD></TR></TABLE>
</P>
<P align="left">
<TABLE><TR><TD width=5>&nbsp;</TD><TD nowrap>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Deposit Period Yield</FONT></I></B><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">We determine the deposit period yield used in the MVA calculation by considering interest rates prevailing during </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the deposit period of the guaranteed term from which the transfer or withdrawal will be made. First, we identify </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the Treasury Notes that mature in the last three months of the guaranteed term. Then, we determine their yield-to-</FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">maturity percentages for the last business day of each week in the deposit period. We then average the resulting </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">percentages to determine the deposit period yield. Treasury Note information may be found each business day in </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">publications such as the Wall Street Journal which publishes the yield-to-maturity percentages for all Treasury </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Notes as of the preceding business day. </FONT></TD></TR></TABLE>
</P>
<P align="left">
<TABLE><TR><TD nowrap>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Current Yield </FONT></I></B><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">We use the same Treasury Notes identified for the deposit period yield to determine the current yield&#151;Treasury </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Notes that mature in the last three months of the guaranteed term. However, we use the yield-to-maturity </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">percentages for the last business day of the week preceding the withdrawal and average those percentages to get </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">the current yield. </FONT></TD></TR></TABLE>
</P>
<P align="left">
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">MVA Formula</FONT></I></B></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The mathematical formula used to determine the MVA is:</FONT></P>
<TABLE border=0 cellspacing=1 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=81%>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=right width=16%>
<FONT size=2 face="Times New Roman">x</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>
	</TD>
	<TD>
	</TD>
	<TD>
<HR noshade size=1>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=81%>
&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=right width=16%>
<FONT size=2 face="Times New Roman">365</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=81%>
<FONT size=2 face="Times New Roman">{ </FONT><U><SUP><FONT size=2 face="Times New Roman">(1 </FONT></SUP></U><U><FONT size=2 face="Times New Roman">+ </FONT></U><I><U><SUP><FONT size=2 face="Times New Roman">i</FONT></SUP></U></I><U><SUP><FONT size=2 face="Times New Roman">) </FONT></SUP></U><FONT size=2 face="Times New Roman">}</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=right width=16%>
&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=81%>
<FONT size=2 face="Times New Roman">(1 + </FONT><I><FONT size=2 face="Times New Roman">j</FONT></I><FONT size=2 face="Times New Roman">)</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=right width=16%>
&nbsp;
	</TD>
</TR>
</TABLE><BR>
<P align="left">
<TABLE><TR><TD width=6>&nbsp;</TD><TD nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">where </FONT><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">i</FONT></B><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif"> is the deposit
period yield; </FONT><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">j</FONT></B><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif"> is the current yield; and </FONT><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">x</FONT></B><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif"> is the number of days remaining (computed from </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Wednesday of the week of withdrawal) in the guaranteed term. For examples of how we calculate MVA, refer to </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Appendix I. </FONT><BR>
<BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">We make an adjustment in the formula of the MVA to reflect the period of time remaining in the guaranteed term </FONT><BR>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">from the Wednesday of the week of a withdrawal. </FONT></TD></TR></TABLE>
</P>
<TABLE border=0 cellspacing=1 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=58%>
<FONT size=2 face="Times New Roman">PRO.GAA-08</FONT>&nbsp;
	</TD>
	<TD width=2%>
&nbsp;	</TD>
	<TD align=right width=39%>
<FONT size=2 face="Times New Roman">14</FONT>&nbsp;
	</TD>
</TR>
</TABLE><BR>

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<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>Contract Charges </FONT></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Certain charges may be deducted directly or indirectly from the funding options available under the contract, </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>including GAA.</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The contract may have a maintenance fee of up to $30 that we will deduct, on an annual basis, pro rata from all </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>funding options including GAA. We may also deduct a maintenance fee upon full withdrawal of a contract. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The contract may have an early withdrawal charge that we will deduct, if applicable, upon a full or partial </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>withdrawal from the contract. If the withdrawal occurs prior to the maturity of a guaranteed term, both the early </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>withdrawal charge and an MVA may be assessed.</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We do not deduct mortality and expense risk charges and other asset-based charges that may apply to variable </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>funding options from GAA. These charges are only applicable to the variable funding options. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We may deduct a charge for premium taxes of up to 4% from amounts in GAA, and, under some contracts, front </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>end sales charges of up to 6%. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Under certain contracts, we reserve the right to charge $10 for each transfer of accumulated value between </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>available investment options over 12. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Refer to the contract prospectus for further details on contract charges. </FONT></P>
<P align=left><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>Other Topics </FONT></B></P>
<P align=left><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">The Company</FONT></I></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>ING Life Insurance and Annuity Company (the Company, we, us, our) is a directly wholly owned subsidiary of Lion Connecticut Holdings Inc. </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We are a stock life insurance company organized under the insurance laws of the State of Connecticut in 1976 and an indirect wholly owned subsidiary of ING Groep N.V. ("ING"), a global financial institution active in the fields of insurance, banking and asset management. Through a merger, our operations include the business of Aetna Variable Annuity Life Insurance Company (formerly known as Participating Annuity Life Insurance Company, an Arkansas life insurance company organized in 1954). Prior to January 1, 2002, the Company was known as Aetna Life Insurance and Annuity Company.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> Our principal executive offices are located at:</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>One Orange Way</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Windsor, Connecticut 06095-4774 </FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Income Phase</FONT></I></B></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>GAA may not be used as a funding option during the income phase. Amounts invested in guaranteed terms must </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>be transferred to one or more of the options available to fund income payments before income payments can </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>begin. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>An aggregate MVA, as previously described, may be applied to amounts transferred to fund income payments </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>before the end of a guaranteed term. Amounts used to fund lifetime income payments will only receive an </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>aggregate MVA to the extent it is positive; however amounts transferred to fund a nonlifetime income payment </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>option may receive either a positive or negative aggregate MVA. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Refer to the contract prospectus for a further discussion of the income phase. </FONT></TD></TR></TABLE></P>
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<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>15</FONT>&nbsp; </TD></TR></TABLE><BR>
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<P align=left><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Contract Loans </FONT></I></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>(403(b) and some 457 and 401(a) Plans Only) </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> The contract holder or you, if applicable, may not take a loan from amounts held in GAA, but we include amounts </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>invested in GAA when calculating the account value that determines the amount available for a loan. Amounts </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>held in GAA must be transferred to a funding option available for loans in order to be received as a loan. Refer to </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the contract prospectus for more information on contract loans. We will apply an MVA to amounts transferred </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>from guaranteed terms due to a loan request. </FONT></P>
<P align=left><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Investments </FONT></I></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Amounts applied to GAA will be deposited in a nonunitized separate account established under Connecticut law. </FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>A nonunitized separate account is a separate account in which neither the contract holder nor you participate in the performance of the assets through unit values or any other interest. Contract holders and participants allocating funds to the nonunitized separate account do not receive a unit value of ownership of assets accounted for in this separate account. The risk of investment gain or loss is borne entirely by the Company. All Company obligations due to allocations to the nonunitized separate account are contractual guarantees of the Company and are accounted for in the separate account. All of the general assets of the Company are available to meet our contractual guarantees. To the extent provided for in the applicable contract, the assets of the nonunitized separate account are not chargeable with liabilities resulting from any other business of the Company. Income, gains and losses of the separate account are credited to or charged against the separate account without regard to other income, gains or losses of the Company. </FONT></P>
<P><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Types of Investments. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We intend to invest primarily in investment-grade fixed income securities including: </FONT></P>
<P><FONT face="MT-Extra,Times New Roman,Times,serif" size=2></FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Securities issued by the United States Government;</FONT></P>
<P><FONT face="MT-Extra,Times New Roman,Times,serif" size=2></FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> Issues of U. S. Government agencies or instrumentalities (these issues may or may not be guaranteed by the United States Government);</FONT><FONT face="MT-Extra,Times New Roman,Times,serif" size=2> </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Debt securities which have an investment grade, at the time of purchase, within the four highest grades assigned by Moody&#146;s Investors Services, Inc. (Aaa, Aa, A or Baa), Standard &amp; Poor&#146;s Corporation (AAA, AA, A or BBB) or any other nationally recognized rating service;</FONT><FONT face="MT-Extra,Times New &#13;&#10;Roman,Times,serif" size=2> </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Other debt instruments, including those issued or guaranteed by banks or bank holding companies, and of corporations, which although not rated by Moody&#146;s, Standard &amp; Poor&#146;s, or other nationally recognized rating services, are deemed by the Company&#146;s management to have an investment quality comparable to securities that may be purchased as stated above; or</FONT><FONT face="MT-Extra,Times New Roman,Times,serif" size=2> </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Commercial paper, cash or cash equivalents, and other short-term investments having a maturity of less than one year that are considered by the Company&#146;s management to have investment quality comparable to securities, which may be purchased as stated above. </FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We may invest in futures and options. We purchase financial futures, related options and options on securities </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>solely for non-speculative hedging purposes. Should securities prices be expected to decline, we may sell a futures </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>contract or purchase a put option on futures or securities to protect the value of securities held in or to be sold for </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the nonunitized separate account. Similarly, if securities prices are expected to rise, we may purchase a futures </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>contract or a call option against anticipated positive cash flow or may purchase options on securities.</FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>We are not obligated to invest the assets attributable to the contracts according to any particular strategy, </FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>except as required by Connecticut and other state insurance laws. The guaranteed interest rates established </FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>by the Company may not necessarily relate to the performance of the nonunitized separate account.</FONT></B></TD></TR></TABLE></P>
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     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>16</FONT>&nbsp; </TD></TR></TABLE><BR>
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<P align=left><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Distribution of Contracts</FONT></I></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The Company&#146;s subsidiary, ING Financial Advisers, LLC serves as the principal underwriter for the variable annuity contracts that include GAA as an investment option. ING Financial Advisers, LLC, a Delaware limited liability company, is registered as a broker-dealer with the Securities and Exchange Commission. ING Financial Advisers, LLC is also a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation. ING Financial Advisers, LLC&#146;s principal office is located at One Orange Way, Windsor, Connecticut .06095-4774.</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>As principal underwriter, ING Financial Advisers, LLC may enter into arrangements with one or more registered broker-dealers to offer and sell the contracts. We and our affiliate(s) may also sell the contracts directly. All individuals offering and selling the contracts must be registered representatives of a broker-dealer and must be licensed as insurance agents to sell variable annuity contracts. For additional information, see the contract prospectus.</FONT></P>
<P align=left><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Taxation</FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>You should seek advice from your tax adviser as to the application of federal (and where applicable, state and </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>local) tax laws to amounts paid to or distributed under the contracts. Refer to the applicable contract prospectus </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>for a further discussion of tax considerations.</FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Taxation of the Company. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We are taxed as a life insurance company under Part I of Subchapter L of the Internal </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Revenue Code. The Company owns all assets supporting the contract obligations of GAA. Any income earned on </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>such assets is considered income to the Company. We do not intend to make any provision or impose a charge </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>under the contracts with respect to any tax liability of the Company. </FONT><BR>
<BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=2>Taxation of Payments and Distributions. </FONT></B><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>For information concerning the tax treatment of payments to and </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>distributions from the contracts, please refer to the applicable contract prospectus. </FONT></P>
<P align=left>
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<TR>
     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Experts</FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> The consolidated financial statements of the Company appearing in the Company&#146;s Annual Report (Form 10-K) </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>for the year ended December 31, 2007 (including schedules appearing therein) have been audited by Ernst &amp; </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Young LLP, independent registered public accounting firm, as set forth in their reports thereon included therein, </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>and are included and incorporated herein by reference. Such consolidated financial statements are included and </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>incorporated herein by reference in reliance upon such reports given on the authority of such firm as experts in </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>accounting and auditing. </FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Legal Matters</FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>For information regarding legal matters affecting the Company or the distributor of the variable annuity contracts, </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>please refer to the applicable contract prospectus.</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>17</FONT>&nbsp; </TD></TR></TABLE><BR>
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<P align=left><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Further Information </FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>This prospectus does not contain all of the information contained in the registration statement of which this </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>prospectus is a part. Portions of the registration statement have been omitted from this prospectus as allowed by </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>the Securities and Exchange Commission (SEC). You may obtain the omitted information from the offices of the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>SEC, as described below. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We are required by the Securities Exchange Act of 1934 to file periodic reports and other information with the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>SEC. You may inspect or copy information concerning the Company at the Public Reference Branch of the SEC </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>at:</FONT></P>
<P align=left>
<TABLE>
<TR>
     <TD width=191>&nbsp;</TD>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>SEC Public Reference Branch</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>100 F Street, NE, Room 1580 </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Washington, D.C. 20549</FONT></TD></TR></TABLE></P>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>You may also obtain copies of these materials at prescribed rates from the Public Reference Branch of the above </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>office. You may obtain information on the operation of the Public Reference Branch by calling the SEC at either </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>1-800-SEC-0330 or 1-202-551-8090 or by e-mailing publicinfo@sec.gov. You may also find more information </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>about the Company by visiting the Company&#146;s homepage on the internet at www.ingretirementplans.com.</FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2> A copy of the Company&#146;s annual report on Form 10-K for the year ended December 31, 2007 accompanies this </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>prospectus. We refer to Form 10-K for a description of the Company and its business, including financial </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>statements. We intend to send contract holders annual account statements and other such legally required reports. </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We do not anticipate such reports will include periodic financial statements or information concerning the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Company. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>You can find this prospectus and other information the Company files electronically with the SEC on the SEC&#146;s </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>web site at http://www.sec.gov. </FONT><BR>
<BR>
<B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Incorporation of Certain Documents by Reference </FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>We have incorporated by reference the Company&#146;s latest Annual Report on Form 10-K as filed with the SEC and </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>in accordance with the Securities and Exchange Act of 1934. The Annual Report must accompany this prospectus. </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Form 10-K contains additional information about the Company and includes certified financial statements for the </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>respective periods. Other than these reports, we were not required to file any other reports pursuant to Sections </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>13(a) or 15(d) of the Securities and Exchange Act since the end of the fiscal year covered by that Form 10-K. </FONT><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The registration statement for this prospectus incorporates some documents by reference. We will provide a free </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>copy of any such documents upon the written or oral request of anyone who has received this prospectus. We will </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>not include exhibits to those documents unless they are specifically incorporated by reference into the document. </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Direct requests to: </FONT></TD></TR></TABLE></P>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>ING Life Insurance and Annuity Company</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>One Orange Way</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>Windsor, CT 06095-4774</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>1-800-262-3862 </FONT></TD></TR></TABLE></P>
<P align=left><B><I><FONT face="TimesNewRomanPS-BoldItalicMT,Times New Roman,Times,serif">Inquiries</FONT></I></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>You may contact us directly by writing or calling to us at the address or phone number shown above.</FONT></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>18</FONT>&nbsp; </TD></TR></TABLE><BR>
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     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>Appendix I </FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>Examples of Market Value Adjustment Calculations</FONT></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The following are examples of market value adjustment ("MVA") calculations using several hypothetical deposit </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>period yields and current yields. These examples do not include the effect of any early withdrawal charge or other </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>fees that may be assessed under the contract upon withdrawal. </FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="34%" colSpan=5><B><FONT face="Times New Roman" size=2>EXAMPLE I</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="34%" colSpan=5><FONT face="Times New Roman" size=2>Assumptions:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>i,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="90%" colSpan=7><FONT face="Times New Roman" size=2>the deposit period yield, is 4%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>j,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="54%" colSpan=5><FONT face="Times New Roman" size=2>the current yield, is 6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="34%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>x,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="90%" colSpan=7><FONT face="Times New Roman" size=2>the number of days remaining (computed from</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="90%" colSpan=7><FONT face="Times New Roman" size=2>Wednesday of the week of withdrawal) in the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="54%" colSpan=5><FONT face="Times New Roman" size=2>guaranteed term, is 927.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="34%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%"><U><FONT face="Times New Roman" size=2>x</FONT></U>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%"><FONT face="Times New Roman" size=2>365</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><U><FONT face="Times New Roman" size=2>(1 + </FONT></U><B><I><U><FONT face="Times New &#13;&#10;Roman" size=2>i</FONT></U></I></B><I><U><FONT face="Times New Roman" size=2>)</FONT></U></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="17%" colSpan=3><FONT face="Times New Roman" size=2>MVA</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%"><FONT face="Times New Roman" size=2>=</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>{ </FONT><FONT face="Times New Roman" size=2>(1 + </FONT><B><I><FONT face="Times New Roman" size=2>j</FONT></I></B><I><FONT face="Times New Roman" size=2>)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%"><FONT face="Times New Roman" size=2>}</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%"><U><FONT face="Times New Roman" size=2>927</FONT></U>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%"><FONT face="Times New Roman" size=2>365</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><U><FONT face="Times New Roman" size=2>(1.04</FONT></U><I><U><FONT face="Times New &#13;&#10;Roman" size=2>)</FONT></U></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="17%" colSpan=3><FONT face="Times New Roman" size=2>MVA</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%"><FONT face="Times New Roman" size=2>=</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>{ </FONT><FONT face="Times New Roman" size=2>(1.06</FONT><I><FONT face="Times New Roman" size=2>)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%"><FONT face="Times New Roman" size=2>}</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="15%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="34%"><FONT face="Times New Roman" size=2>= .9528</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>In this example, the deposit period yield of 4% is</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>In this example, the deposit period yield of 5% is</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>less than the current yield of 6%; therefore, the</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>less than the current yield of 6%; therefore, the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>MVA is less than one. The amount withdrawn</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>MVA is less than one. The amount withdrawn</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>from the guaranteed term is multiplied by this</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>from the guaranteed term is multiplied by this</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>MVA.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>MVA.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>If a withdrawal or transfer request of a specific</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>If a withdrawal or transfer request of a specific</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>dollar amount is requested, the amount withdrawn</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>dollar amount is requested, the amount withdrawn</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>from a guaranteed term will be increased to</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>from a guaranteed term will be increased to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>compensate for the negative MVA amount. For</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>compensate for the negative MVA amount. For</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>example, a withdrawal request to receive a check</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>example, a withdrawal request to receive a check</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>for $2,000 would result in a $2,099.08 withdrawal</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>for $2,000 would result in a $2,048.76 withdrawal</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="49%"><FONT face="Times New Roman" size=2>from the guaranteed term.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="48%"><FONT face="Times New Roman" size=2>from the guaranteed term.</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="29%" colSpan=3><FONT face="Times New Roman" size=2>Assumptions:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>i,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="61%" colSpan=5><FONT face="Times New Roman" size=2>the deposit period yield, is 5%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="26%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>j,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="61%" colSpan=5><FONT face="Times New Roman" size=2>the current yield, is 6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="26%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>x,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="89%" colSpan=7><FONT face="Times New Roman" size=2>the number of days remaining (computed from</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="89%" colSpan=7><FONT face="Times New Roman" size=2>Wednesday of the week of withdrawal) in the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="61%" colSpan=5><FONT face="Times New Roman" size=2>guaranteed term, is 927.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="26%">&nbsp; </TD></TR>
<TR>
     <TD align=left width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><U><FONT face="Times New Roman" size=2>x</FONT></U>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>365</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%"><U><FONT face="Times New Roman" size=2>(1 + </FONT></U><B><I><U><FONT face="Times New &#13;&#10;Roman" size=2>i</FONT></U></I></B><I><U><FONT face="Times New Roman" size=2>)</FONT></U></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%"><FONT face="Times New Roman" size=2>MVA</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>=</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%"><FONT face="Times New Roman" size=2>{ </FONT><FONT face="Times New Roman" size=2>(1 + </FONT><B><I><FONT face="Times New Roman" size=2>j</FONT></I></B><I><FONT face="Times New Roman" size=2>)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>}</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><U><FONT face="Times New Roman" size=2>927</FONT></U>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>365</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%"><U><FONT face="Times New Roman" size=2>(1.05</FONT></U><I><U><FONT face="Times New &#13;&#10;Roman" size=2>)</FONT></U></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%"><FONT face="Times New Roman" size=2>MVA</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>=</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%"><FONT face="Times New Roman" size=2>{ </FONT><FONT face="Times New Roman" size=2>(1.06</FONT><I><FONT face="Times New Roman" size=2>)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>}</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="21%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>= .9762</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>19</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_20"></A>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="36%" colSpan=5><B><FONT face="Times New Roman" size=2>EXAMPLE II</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="36%" colSpan=5><FONT face="Times New Roman" size=2>Assumptions:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>i,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="90%" colSpan=7><FONT face="Times New Roman" size=2>the deposit period yield, is 6%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>j,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="56%" colSpan=5><FONT face="Times New Roman" size=2>the current yield, is 4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="32%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>x,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="90%" colSpan=7><FONT face="Times New Roman" size=2>the number of days remaining (computed from</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="90%" colSpan=7><FONT face="Times New Roman" size=2>Wednesday of the week of withdrawal) in the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="56%" colSpan=5><FONT face="Times New Roman" size=2>guaranteed term, is 927.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="32%">&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%"><U><FONT face="Times New Roman" size=2>x</FONT></U>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%"><FONT face="Times New Roman" size=2>365</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><U><FONT face="Times New Roman" size=2>(1 + </FONT></U><B><I><U><FONT face="Times New &#13;&#10;Roman" size=2>i</FONT></U></I></B><I><U><FONT face="Times New Roman" size=2>)</FONT></U></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="17%" colSpan=3><FONT face="Times New Roman" size=2>MVA</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%"><FONT face="Times New Roman" size=2>=</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>{ </FONT><FONT face="Times New Roman" size=2>(1 + </FONT><B><I><FONT face="Times New Roman" size=2>j</FONT></I></B><I><FONT face="Times New Roman" size=2>)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%"><FONT face="Times New Roman" size=2>}</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%"><U><FONT face="Times New Roman" size=2>927</FONT></U>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%"><FONT face="Times New Roman" size=2>365</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><U><FONT face="Times New Roman" size=2>(1.06</FONT></U><I><U><FONT face="Times New &#13;&#10;Roman" size=2>)</FONT></U></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="17%" colSpan=3><FONT face="Times New Roman" size=2>MVA</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%"><FONT face="Times New Roman" size=2>=</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>{ </FONT><FONT face="Times New Roman" size=2>(1.04</FONT><I><FONT face="Times New Roman" size=2>)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%"><FONT face="Times New Roman" size=2>}</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="98%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="17%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="32%"><FONT face="Times New Roman" size=2>= 1.0496</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>In this example, the deposit period yield of 6% is</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>greater than the current yield of 4%; therefore, the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>MVA is greater than one. The amount withdrawn</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>from the guaranteed term is multiplied by this</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>MVA.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>If a withdrawal or transfer request of a specific</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>dollar amount is requested, the amount withdrawn</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>from a guaranteed term will be decreased to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>reflect the positive MVA amount. For example, a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>withdrawal request to receive a check for $2,000</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>would result in a $1,905.49 withdrawal from the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>guaranteed term.</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="30%" colSpan=3><FONT face="Times New Roman" size=2>Assumptions:</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>i,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="61%" colSpan=5><FONT face="Times New Roman" size=2>the deposit period yield, is 5%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>j,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="61%" colSpan=5><FONT face="Times New Roman" size=2>the current yield, is 4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%"><FONT face="Times New Roman" size=2>x,</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="89%" colSpan=7><FONT face="Times New Roman" size=2>the number of days remaining (computed from</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="89%" colSpan=7><FONT face="Times New Roman" size=2>Wednesday of the week of withdrawal) in the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="61%" colSpan=5><FONT face="Times New Roman" size=2>guaranteed term, is 927.</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><U><FONT face="Times New Roman" size=2>x</FONT></U>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>365</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%"><U><FONT face="Times New Roman" size=2>(1 + </FONT></U><B><I><U><FONT face="Times New &#13;&#10;Roman" size=2>i</FONT></U></I></B><I><U><FONT face="Times New Roman" size=2>)</FONT></U></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%"><FONT face="Times New Roman" size=2>MVA</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>=</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%"><FONT face="Times New Roman" size=2>{ </FONT><FONT face="Times New Roman" size=2>(1 + </FONT><B><I><FONT face="Times New Roman" size=2>j</FONT></I></B><I><FONT face="Times New Roman" size=2>)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>}</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><U><FONT face="Times New Roman" size=2>927</FONT></U>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>365</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%"><U><FONT face="Times New Roman" size=2>(1.05</FONT></U><I><U><FONT face="Times New &#13;&#10;Roman" size=2>)</FONT></U></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%"><FONT face="Times New Roman" size=2>MVA</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>=</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="24%"><FONT face="Times New Roman" size=2>{ </FONT><FONT face="Times New Roman" size=2>(1.04</FONT><I><FONT face="Times New Roman" size=2>)</FONT></I>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="26%"><FONT face="Times New Roman" size=2>}</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=9>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="22%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="52%" colSpan=3><FONT face="Times New Roman" size=2>= 1.0246</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>In this example, the deposit period yield of 5% is</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>greater than the current yield of 4%; therefore,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>the MVA is greater than one. The amount</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>withdrawn from the guaranteed term is</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>multiplied by this MVA.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="100%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>If a withdrawal or transfer request of a specific</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>dollar amount is requested, the amount</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>withdrawn from a guaranteed term will be</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>decreased to reflect the positive MVA amount.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>For example, a withdrawal request to receive a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>check for $2,000 would result in a $1,951.98</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="100%"><FONT face="Times New Roman" size=2>withdrawal from the guaranteed term.</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>20</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_21"></A>
<P align=left>
<TABLE>
<TR>
     <TD noWrap><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>Appendix II</FONT></B><BR>
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif" size=5>Examples of Market Value Adjustment at Various Yields</FONT></B><BR>
<BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>The following hypothetical examples show the market value adjustment based on a given current yield at various </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>times remaining in the guaranteed term. Table A illustrates the application of the market value adjustment based on </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>a deposit period yield of 6%; Table B illustrates the application of the market value adjustment based on a deposit </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>period yield of 5%. The market value adjustment will have either a positive or negative influence on the amount </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>withdrawn from or remaining in a guaranteed term. Also, the amount of the market value adjustment generally </FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>decreases as the end of the guaranteed term approaches. </FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="36%" colSpan=5><B><FONT face="Times New Roman" size=2>TABLE A: Deposit Period Yield of 6%</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=15>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="12%"><B><FONT face="Times New Roman" size=2>Change in</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="12%"><B><FONT face="Times New Roman" size=2>Deposit</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><B><FONT face="Times New Roman" size=2>Current</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="12%"><B><FONT face="Times New Roman" size=2>Period</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="25%" colSpan=3><B><FONT face="Times New Roman" size=2>Time Remaining to</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><B><U><FONT face="Times New Roman" size=2>Yield</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="12%"><B><U><FONT face="Times New Roman" size=2>Yield</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="36%" colSpan=5><B><FONT face="Times New Roman" size=2>Maturity of Guaranteed Term</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR>
     <TD width="9%"></TD>
     <TD width="2%"></TD>
     <TD width="12%"></TD>
     <TD width="2%"></TD>
     <TD width="11%"></TD>
     <TD width="2%"></TD>
     <TD width="10%"></TD>
     <TD width="2%"></TD>
     <TD width="36%" colSpan=5>
<HR noShade SIZE=1>
</TD>
     <TD width="2%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><B><U><FONT face="Times New Roman" size=2>8 Years</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><B><U><FONT face="Times New Roman" size=2>6 Years</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><B><U><FONT face="Times New Roman" size=2>4 Years</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><B><U><FONT face="Times New Roman" size=2>2 Years</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><B><U><FONT face="Times New Roman" size=2>1 Year</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><B><U><FONT face="Times New Roman" size=2>3 Months</FONT></U></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>+3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>80.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>84.6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>89.4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>94.6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>97.2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.3%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>+2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>86.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>89.4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>92.8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>96.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>98.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.5%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>7%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>+1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>92.8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>94.5%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>96.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>98.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.8%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>100.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>100.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>100.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>100.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>100.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>100.0%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>-2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>116.5%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>112.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>107.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>103.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>101.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>100.5%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>-3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>125.8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>118.8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>112.2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>105.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>102.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>100.7%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>-4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>136.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>126.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>116.6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>108.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>103.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>101.0%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>-5%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>147.2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>133.6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>121.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>110.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>105.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>101.2%</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=15>&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=15>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="36%" colSpan=5><B><FONT face="Times New Roman" size=2>TABLE B: Deposit Period Yield of 5%</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR>
     <TD width="97%" colSpan=15>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="12%"><B><FONT face="Times New Roman" size=2>Change in</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="12%"><B><FONT face="Times New Roman" size=2>Deposit</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><B><FONT face="Times New Roman" size=2>Current</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="12%"><B><FONT face="Times New Roman" size=2>Period</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="25%" colSpan=3><B><FONT face="Times New Roman" size=2>Time Remaining to</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><B><U><FONT face="Times New Roman" size=2>Yield</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="12%"><B><U><FONT face="Times New Roman" size=2>Yield</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="36%" colSpan=5><B><FONT face="Times New Roman" size=2>Maturity of Guaranteed Term</FONT></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%">&nbsp; </TD></TR>
<TR>
     <TD width="9%"></TD>
     <TD width="2%"></TD>
     <TD width="12%"></TD>
     <TD width="2%"></TD>
     <TD width="11%"></TD>
     <TD width="2%"></TD>
     <TD width="10%"></TD>
     <TD width="2%"></TD>
     <TD width="36%" colSpan=5>
<HR noShade SIZE=1>
</TD>
     <TD width="2%"></TD>
     <TD width="9%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><B><U><FONT face="Times New Roman" size=2>8 Years</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><B><U><FONT face="Times New Roman" size=2>6 Years</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><B><U><FONT face="Times New Roman" size=2>4 Years</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><B><U><FONT face="Times New Roman" size=2>2 Years</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><B><U><FONT face="Times New Roman" size=2>1 Year</FONT></U></B>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><B><U><FONT face="Times New Roman" size=2>3 Months</FONT></U></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>+4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>74.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>79.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>86.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>92.8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>96.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.1%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>+3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>79.8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>84.4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>89.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>94.5%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>97.2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.3%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>7%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>+2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>86.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>89.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>92.7%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>96.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>98.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.5%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>+1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>92.7%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>94.5%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>96.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>98.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>99.8%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>-1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>108.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>105.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>103.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>101.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>101.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>100.2%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>-2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>116.6%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>112.2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>108.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>103.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>101.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>100.5%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>-3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>126.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>119.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>112.3%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>106.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>102.9%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>100.7%</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>-4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>136.4%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="10%"><FONT face="Times New Roman" size=2>126.2%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="11%"><FONT face="Times New Roman" size=2>116.8%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="12%"><FONT face="Times New Roman" size=2>108.1%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>104.0%</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="9%"><FONT face="Times New Roman" size=2>101.0%</FONT>&nbsp; </TD></TR></TABLE><BR>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="58%"><FONT face="Times New Roman" size=2>PRO.GAA-08</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="39%"><FONT face="Times New Roman" size=2>21</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>


<HEAD>
<TITLE>form10k_iliac-123107 </TITLE>
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            <p style='margin:0in;text-indent:0pt;text-align:center;margin-top:4pt;margin-bottom:.0001pt'><font size=2>&nbsp;<img src="img1.gif"><br> </font></p>
<p style='margin:0in;text-indent:0pt;text-align:center;margin-top:4pt;margin-bottom:.0001pt'><font size=2>&nbsp;</font></p>
<p style='margin:0in;text-indent:0pt;text-align:center;margin-top:4pt;margin-bottom:.0001pt'><font size=1>&nbsp;</font></p>
<p style='margin:0in;text-indent:0pt;text-align:justify;margin-top:4pt;margin-bottom:.0001pt'><font size=1>&nbsp;</font></p> </td> </tr>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=3>UNITED STATES SECURITIES AND EXCHANGE COMMISSION</font></B></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>WASHINGTON, D.C. 20549</font></B></p>
<p style='margin:0in;text-indent:0pt;text-align:center;margin-top:4pt;margin-bottom:.0001pt'><b><font size=3>_______________________</font></b></p>
<p style='margin:0in;text-indent:0pt;text-align:center;margin-top:4pt;margin-bottom:.0001pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:17.1pt'>
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            <p style='margin:0in;text-indent:0pt;text-align:center;margin-top:4pt;margin-bottom:.0001pt'><B><font SIZE=5>FORM 10-K</font></B></p> </td> </tr>
    <tr style='height:17.1pt'>
        <td  colspan="4" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:17.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></b></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>For the fiscal year ended </font></b><u><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31, 2007</font></b></u></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
<p
style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Commission File Number:</font></b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><u><b><font size=2>333-141040, 333-133157, 333-133158, 333-130833, 333-130827</font></b></u></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
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        <td  colspan="4" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:17.1pt'>
            <div style='border-bottom:solid black .5pt;padding:0in 0in 1.0pt 0in'>
<p style='margin-left:0pt;text-indent:62.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=5>ING LIFE INSURANCE AND ANNUITY COMPANY</font></B></p>  </div>
<p style='margin-left:0pt;text-indent:193.5pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>(Exact name of registrant as specified in its charter)</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:1.0in'>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:1.0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Connecticut</font></b></u></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>(State or other jurisdiction of incorporation or organization)</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>One Orange Way</font></b></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Windsor, Connecticut</font></b></u></p>
<p style='margin:0in;text-indent:0pt;text-align:center;margin-top:5pt;margin-bottom:.0001pt'><font size=1>&nbsp;</font></p>
<p
style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>(Address of principal executive offices)</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:1.0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>71-0294708</font></b></u></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>(IRS Employer Identification No.)</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>06095-4774</font></b></u></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>(Zip Code)</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:.25in'>
        <td  colspan="4" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.25in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=1>(860) 580-4646</font></b></u></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>(Registrant's telephone number, including area code) </font></p> </td> </tr>
    <tr style='height:.25in'>
        <td  colspan="4" valign=top style=' border-bottom:solid black .5pt;padding:0in 5.4pt 0in 5.4pt;height:.25in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>151 Farmington Avenue</font></b></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Hartford, Connecticut  06156</font></b></u></p> </td> </tr>
    <tr style='height:13.0pt'>
        <td  colspan="4" valign=top style=' padding:0in 5.4pt 0in 5.4pt; height:13.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>Former name, former address and former fiscal year, if changed since last report</font></p> </td> </tr>
    <tr style='height:81.8pt'>
        <td  colspan="4" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:81.8pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Securities registered pursuant to Section 12(b) of the Act: None</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Securities registered pursuant to Section 12(g) of the Act: None</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font><font
size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>x</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font><font size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>x</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13
or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>x</font><font size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (&sect; 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant&#146;s knowledge, in definitive proxy or information statements incorporated by
reference in Part III of this form 10-K or any amendment to this Form 10-K.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>x</font><font size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See definition of &#147;large accelerated filer&#148;, &#147;accelerated filer&#148;, and &#147;smaller reporting company&#148; in Rule 12b-2 of the Exchange Act.  (Check one):</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font
size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:30.6pt'>
        <td width="177" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:30.6pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>Large accelerated filer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font></p> </td>
        <td width="177" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:30.6pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>Accelerated filer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font></p> </td>
        <td width="177" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:30.6pt'>
            <p style='margin-left:8.1pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0in'><font size=1>Non-accelerated filer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>x</font></p>
<p style='margin-left:8.1pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(Do not check if a smaller</font></p>
<p style='margin-left:8.1pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>reporting company)</font></p> </td>
        <td width="213" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:30.6pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>Smaller reporting company&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font></p> </td> </tr>
    <tr style='height:16.65pt'>
        <td  colspan="4" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:16.65pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font><font size=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>x</font></p>
<p style='margin-left:0pt;text-indent:273.75pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>State the aggregate market value of the voting and non-voting common equity held by
non-affiliates:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A</font></p>
<p style='margin-left:0pt;text-indent:273.75pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:162.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>APPLICABLE ONLY TO CORPORATE ISSUERS:</font></B></p>
<p style='margin-left:0pt;text-indent:273.75pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date: 250,000 shares of Common Stock, $10 par value, as of March 25, 2008, are authorized, issued, and outstanding, all of which were directly owned by Lion Connecticut Holdings Inc.</font></p>
<p
style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>NOTE: WHEREAS ING LIFE INSURANCE AND ANNUITY COMPANY MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION I(1)(a) AND (b) OF FORM 10-K, THIS FORM IS BEING FILED WITH THE REDUCED DISCLOSURE FORMAT PURSUANT TO GENERAL INSTRUCTION I(2).</font></p> </td> </tr>
    <tr>
        <td width="177" ></td>

        <td width="177" ></td>

        <td width="177" ></td>

        <td width="213" ></td> </tr> </table>
            </div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=3>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>1</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Annual Report on Form 10-K</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>For the Year Ended December</font></b><font size=2>&nbsp;</font><b><font size=2>31, 2007</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=1>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=1>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="666" style=' margin-left:0pt;border-collapse:collapse'>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>TABLE</font></B><font size=2>&nbsp;</font><B><font SIZE=2>OF</font></B><font size=2>&nbsp;</font><B><font SIZE=2>CONTENTS</font></B></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><U><B><font SIZE=2>PAGE</font></B></U><u></u></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#PartI"><u><B><font SIZE=2>PART</font></B><font size=2>&nbsp;</font><B><font SIZE=2>I</font></B></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item1"><u><font size=2>Item&nbsp;1.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Business"><u><font size=2>Business</font><font size=2>**</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>3</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item1A"><u><font size=2>Item&nbsp;1A.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#RiskFactors"><u><font size=2>Risk&nbsp;Factors</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>11</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item1B"><u><font size=2>Item&nbsp;1B.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#UnresolvedStaffComments"><u><font size=2>Unresolved&nbsp;Staff&nbsp;Comments</font><font size=2>****</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>18</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item2"><u><font size=2>Item&nbsp;2.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Properties"><u><font size=2>Properties</font><font size=2>**</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>18</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item3"><u><font size=2>Item&nbsp;3.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#LegalProceedings"><u><font size=2>Legal&nbsp;Proceedings</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>19</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item4"><u><font size=2>Item&nbsp;4.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#SubmissionofMatters"><u><font size=2>Submission&nbsp;of&nbsp;Matters&nbsp;to&nbsp;a&nbsp;Vote&nbsp;of&nbsp;Security&nbsp;Holders</font><font size=2>*</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>19</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#PartII"><u><B><font SIZE=2>PART</font></B><font size=2>&nbsp;</font><B><font SIZE=2>II</font></B></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item5"><u><font size=2>Item&nbsp;5.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#MarketforRegistrants"><u><font size=2>Market&nbsp;for&nbsp;Registrant&#146;s&nbsp;Common&nbsp;Equity,&nbsp;Related&nbsp;Stockholder&nbsp;Matters</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>20</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#MarketforRegistrants"><u><font size=2>and&nbsp;Issuer&nbsp;Purchases&nbsp;of&nbsp;Equity&nbsp;Securities</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item6"><u><font size=2>Item&nbsp;6.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#SelectedFinancialData"><u><font size=2>Selected&nbsp;Financial&nbsp;Data</font><font size=2>***</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>21</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item7"><u><font size=2>Item&nbsp;7.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#ManagementsNarrative"><u><font size=2>Management&#146;s&nbsp;Narrative&nbsp;Analysis&nbsp;of&nbsp;the&nbsp;Results&nbsp;of&nbsp;Operations&nbsp;and&nbsp;</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>22</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#ManagementsNarrative"><u><font size=2>Financial&nbsp;Condition</font><font size=2>**</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item7A"><u><font size=2>Item&nbsp;7A</font></u></a><font size=2>.</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#QuantitativeandQualitative"><u><font size=2>Quantitative&nbsp;and&nbsp;Qualitative&nbsp;Disclosures&nbsp;About&nbsp;Market&nbsp;Risk</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>58</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item8"><u><font size=2>Item&nbsp;8.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#FinancialStatementandSupplementalData"><u><font size=2>Financial&nbsp;Statements&nbsp;and&nbsp;Supplementary&nbsp;Data</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>61</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item9"><u><font size=2>Item&nbsp;9.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:.1pt;text-indent:-.1pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#ChangesinandDisagreements"><u><font size=2>Changes&nbsp;in&nbsp;and&nbsp;Disagreements&nbsp;With&nbsp;Accountants&nbsp;on&nbsp;Accounting&nbsp;and</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#ChangesinandDisagreements"><u><font size=2>Financial&nbsp;Disclosure</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>119</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item9A"><u><font size=2>Item&nbsp;9A.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#ControlsandProcedures"><u><font size=2>Controls&nbsp;and&nbsp;Procedures</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>119</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item9B"><u><font size=2>Item&nbsp;9B.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#OtherInformation"><u><font size=2>Other&nbsp;Information</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>120</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#PartIII"><u><B><font SIZE=2>PART</font></B><font size=2>&nbsp;</font><B><font SIZE=2>III</font></B></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item10"><u><font size=2>Item&nbsp;10.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#DirectorsandExecutive"><u><font size=2>Directors,&nbsp;Executive&nbsp;Officers,&nbsp;and Corporate Governance</font><font size=2>*</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>121</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item11"><u><font size=2>Item&nbsp;11.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#ExecutiveCompensation"><u><font size=2>Executive&nbsp;Compensation</font><font size=2>*</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>121</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item12"><u><font size=2>Item&nbsp;12.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:11.7pt;text-indent:-11.7pt;text-align:left;margin-top:0in;margin-bottom: 0in'><a href="#SecurityOwnership"><u><font size=2>Security&nbsp;Ownership&nbsp;of&nbsp;Certain&nbsp;Beneficial&nbsp;Owners&nbsp;and&nbsp;Management</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#SecurityOwnership"><u><font size=2>and&nbsp;Related&nbsp;Stockholder&nbsp;Matters</font><font size=2>*</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>121</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item13"><u><font size=2>Item&nbsp;13.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#CertainRelationships"><u><font size=2>Certain&nbsp;Relationships,&nbsp;Related&nbsp;Transactions, and Director Independence</font><font size=2>*</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>121</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item14"><u><font size=2>Item&nbsp;14.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#PrincipaAccountant"><u><font size=2>Principal&nbsp;Accounting&nbsp;Fees&nbsp;and&nbsp;Services</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>122</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#PartIV"><u><B><font SIZE=2>PART</font></B><font size=2>&nbsp;</font><B><font SIZE=2>IV</font></B></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:.75in;text-indent:-.75in;text-align:left;margin-top:0in;margin-bottom: 0in'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:.75in;text-indent:-.75in;text-align:left;margin-top:0in;margin-bottom: 0in'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Item15"><u><font size=2>Item&nbsp;15.</font></u></a></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#ExhibitsFinancialStatementsSchedules"><u><font size=2>Exhibits,&nbsp;Consolidated&nbsp;Financial&nbsp;Statement&nbsp;Schedules</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>124</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Signatures"><u><font size=2>Index to Consolidated Financial Statement Schedules</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>125</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#Signatures"><u><font size=2>Signatures</font></u></a></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>129</font></p> </td> </tr>
    <tr>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><a href="#IndextoConsolidatedFinancialStatement"><u><font size=2>Exhibits Index</font></u></a><font size=2> </font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>130</font></p> </td> </tr>
    <tr style='height:.1in'>
        <td width="103" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.1in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="17" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.1in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="468" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.1in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.1in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td  colspan="4" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:26.1pt;text-indent: -26.1pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item&nbsp;omitted&nbsp;pursuant&nbsp;to&nbsp;General&nbsp;Instruction&nbsp;I(2)&nbsp;of&nbsp;Form&nbsp;10-K,&nbsp;except&nbsp;as&nbsp;to&nbsp;Part&nbsp;III,&nbsp;Item&nbsp;10&nbsp;with&nbsp;respect&nbsp;to&nbsp;compliance&nbsp;with&nbsp;Sections&nbsp;406&nbsp; and</font></p>
<p style='margin-left:26.1pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>407&nbsp;of&nbsp;the&nbsp;Sarbanes-Oxley&nbsp;Act&nbsp;of&nbsp;2002.</font></p>
<p style='margin-left:26.1pt;text-indent: -26.1pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font
size=1>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Items&nbsp;prepared&nbsp;in&nbsp;accordance&nbsp;with&nbsp;General&nbsp;Instruction&nbsp;I(2)&nbsp;of&nbsp;Form&nbsp;10-K.</font></p>
<p style='margin-left:27.0pt;text-indent:-27.0pt;text-align:left;margin-top:0in;margin-bottom: 0in'><font size=1>***&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although&nbsp;item&nbsp;may&nbsp;be&nbsp;omitted&nbsp;pursuant&nbsp;to&nbsp;General&nbsp;Instruction&nbsp;I(2)&nbsp;of&nbsp;Form&nbsp;10-K,&nbsp;the&nbsp;Company&nbsp;has&nbsp;provided&nbsp;certain&nbsp;disclosure&nbsp;under&nbsp;this&nbsp;item.</font></p>
<p style='margin-left:27.0pt;text-indent:-27.0pt;text-align:left;margin-top:0in;margin-bottom: 0in'><font size=1>****&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item&nbsp;omitted&nbsp;as&nbsp;registrant&nbsp;is&nbsp;neither&nbsp;an&nbsp;accelerated&nbsp;filer&nbsp;nor&nbsp;a&nbsp;well-known&nbsp;seasoned&nbsp;issuer.</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2><a name="parti"></a></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>2</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>PART I</font></B></p>
<a name="item1"></a>&nbsp;


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="152" style=' border-collapse:collapse'>
    <tr>
        <td width="72" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 1.</font></b></p> </td>
        <td width="80" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="business"></a>Business</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>(Dollar amounts in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Organization of Business</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>ING Life Insurance and Annuity Company (&#147;ILIAC&#148;) is a stock life insurance company domiciled in the state of Connecticut.  ILIAC and its wholly-owned subsidiaries (collectively, the &#147;Company&#148;) are providers of financial products and services in the United States.  ILIAC is authorized to conduct its insurance business in all states and in the District of Columbia.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The consolidated financial statements include ILIAC and its wholly-owned subsidiaries, ING Financial Advisers, LLC (&#147;IFA&#148;) and Directed Services LLC (&#147;DSL&#148;).  ILIAC is a direct, wholly-owned subsidiary of Lion Connecticut Holdings Inc. (&#147;Lion&#148; or &#147;Parent&#148;), which is an indirect, wholly-owned subsidiary of ING Groep N.V. (&#147;ING&#148;).  ING is a global financial services holding company based in The Netherlands, with American Depository Shares listed on the New York Stock Exchange under the symbol &#147;ING.&#148;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On December 1, 2006, Lion contributed to ILIAC, Directed Services, Inc. (&#147;DSI&#148;), a New York corporation registered as a broker-dealer under the Securities Exchange Act of 1934 and as an investment advisor under the Investment Advisors Act of 1940, whose primary functions were the distribution of variable insurance products and investment advisory services for open-end mutual funds.  Additionally, on December 12, 2006, ILIAC organized DSL as a wholly-owned Delaware limited liability company.  On December 31, 2006, DSI merged with and into DSL and ceased to exist.  Upon merger, the operations and broker-dealer and investment advisor registrations of DSI were consolidated into DSL, the surviving company.  Effective January 1, 2007, ILIAC&#146;s investment advisory agreement with certain variable funds offered in Company products was assigned to DSL.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Statement of Financial Accounting Standards (&#147;FAS&#148;) No. 141, &#147;Business Combinations&#148;, excludes transfers of net assets or exchanges of shares between entities under common control, and notes that certain provisions under Accounting Principles Board (&#147;APB&#148;) Opinion No. 16, &#147;Business Combinations&#148;, provide a source of guidance for such transactions.  In accordance with APB Opinion No. 16, financial information of the combined entity is presented as if the entities had been combined for the full year, and all comparative financial statements are restated and presented as if the entities had previously been combined, in a manner similar to a pooling-of-interests.  The consolidated financial statements give effect to the DSL consolidation transactions as if they had occurred on January&nbsp;1, 2004 and include the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="545" style=' margin-left:54.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>594.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>507.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>35.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>28.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Additional&nbsp;paid-in&nbsp;capital:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Dividends&nbsp;paid</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Employee&nbsp;share-based&nbsp;payments</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>3</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On May 11, 2006, ILIAC organized Northfield Windsor LLC (&#147;NWL&#148;) as a wholly-owned subsidiary for the purpose of purchasing, constructing, developing, leasing, and managing a new corporate office facility to be located at One Orange Way, Windsor, Connecticut (the &#147;Windsor Property&#148;).  Effective October 1, 2007, the principal executive office of ILIAC was changed to One Orange Way, Windsor, Connecticut.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On October 31, 2007, ILIAC&#146;s subsidiary, NWL merged with and into ILIAC.  As of the merger date, NWL ceased to exist, and ILIAC became the surviving corporation.  The merger did not have an impact on ILIAC&#146;s consolidated results of operations and financial position, as NWL was a wholly-owned subsidiary and already included in the consolidated financial statements for all periods presented since its formation.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Description of Business</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company offers qualified and nonqualified annuity contracts that include a variety of funding and payout options for individuals and employer-sponsored retirement plans qualified under Internal Revenue Code Sections 401, 403, 408, and 457, as well as nonqualified deferred compensation plans.  The Company&#146;s products are offered primarily to individuals, pension plans, small businesses, and employer-sponsored groups in the health care, government, and education markets (collectively &#147;not-for-profit&#148; organizations) and corporate markets.  The Company&#146;s products are generally distributed through pension professionals, independent agents and brokers, third party administrators, banks, dedicated career agents, and financial planners.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>See &#147;Reserves&#148; for a discussion of the Company&#146;s reserves by product type.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company has one operating segment, which offers the products described below.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Products and Services</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Products offered by the Company include deferred and immediate (payout annuities) annuity contracts.  Company products also include programs offered to qualified plans and nonqualified deferred compensation plans that package administrative and record-keeping services along with a variety of investment options, including affiliated and nonaffiliated mutual funds and variable and fixed investment options.  In addition, the Company offers wrapper agreements entered into with retirement plans, which contain certain benefit responsive guarantees (i.e., liquidity guarantees of principal and previously accrued interest for benefits paid under the terms of the plan) with respect to portfolios of plan-owned assets not invested with the Company.  The Company also offers investment advisory services and pension and retirement savings plan administrative services.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Annuity contracts offered by the Company contain variable and fixed investment options.  Variable options generally provide for assumption by the customer of investment risks.  Assets supporting variable annuity options are held in separate accounts that invest in mutual funds managed and/or distributed by ILIAC, its affiliates, or unaffiliated entities.  Variable separate account investment income and realized capital gains and losses are not reflected in the Consolidated Statements of Operations. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>4</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Fixed options are either &#147;fully-guaranteed&#148; or &#147;experience-rated&#148;.  Fully-guaranteed fixed options provide guarantees on investment returns and maturity values.  Experience-rated fixed options require the contractowner to assume certain investment risks, including realized capital gains and losses on the sale of invested assets, and other risks subject to, among other things, principal and interest guarantees.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s variable annuities offer one or more of the following guaranteed minimum death benefits:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Guaranteed Minimum Death Benefits </font></i><font size=2>(&#147;GMDBs&#148;):</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Standard - Guarantees that, upon death, the death benefit will be no less than the premiums paid by the contractowner, adjusted for any contract withdrawals.</font></p> </td> </tr></table>
</div>



<div align=left>

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    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Annual Ratchet - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Standard or (2) the maximum contract anniversary value of the variable annuity.</font></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Five Year Ratchet - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Standard or (2) the maximum contract quinquennial anniversary value of the variable annuity.</font></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Combination Annual Ratchet and 5% RollUp - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Annual Ratchet or (2) aggregate premiums paid by the contractowner accruing interest at 5% per annum.  </font></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Combination Seven-Year Ratchet and 4% RollUp - Guarantees that, upon death, the death benefit will be no less than the greater of (1) a seven year ratchet or (2) aggregate premiums paid by the contractowner accruing interest at 4% per annum.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Products offering Annual Ratchet, Five Year Ratchet, Combination Ratchet and 5% RollUp, and Combination Seven-Year Ratchet and 4% RollUp, guarantees are no longer being sold by the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Variable annuity contracts containing guaranteed minimum death benefits expose the Company to equity risk.  A decrease in the equity markets may cause a decrease in the account values, thereby increasing the possibility that the Company may be required to pay amounts to customers due to guaranteed death benefits.  An increase in the value of the equity markets may increase account values for these contracts, thereby decreasing the Company&#146;s risk associated with the GMDBs.  Most contracts with GMDBs are reinsured to third party reinsurers to mitigate the risk produced by such guaranteed death benefits.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Fees and Margins</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Insurance and expense charges, investment management fees, and other fees earned by the Company vary by product and depend on, among other factors, the funding option selected by the customer under the product.  For annuity products where assets are allocated to variable funding options, the Company may charge the separate account asset-based insurance and expense fees.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>5</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In addition, where the customer selects a variable funding option, the Company may receive compensation from the fund&#146;s adviser, administrator, or other affiliated entity, for the performance of certain services.  The Company may also receive administrative service, distribution (12b-1), and/or service plan fees from the funds in which customers invest, in addition to compensation from the fund&#146;s adviser, administrator, or other affiliated entity for the performance of certain services.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>For fixed funding options, the Company earns a margin that is based on the difference between income earned on the investments supporting the liability and interest credited to customers.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In connection with programs offered to qualified plans and nonqualified deferred compensation plans that package administrative and recordkeeping services along with a menu of investment options, the Company may receive 12b-1 and service plan fees, as well as compensation from the affiliated or nonaffiliated fund&#146;s advisor, administrator, or other affiliated entity for the performance of certain shareholder services.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company may also receive other fees or charges depending on the nature of the products.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Strategy, Method of Distribution, and Principal Markets</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s products are offered primarily to individuals, pension plans, small businesses, and employer-sponsored groups in not-for-profit organizations, and corporate markets.  The Company&#146;s products generally are distributed through pension professionals, independent agents and brokers, third party administrators, banks, dedicated career agents, and financial planners.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company is not dependent upon any single customer and no single customer accounted for more than 10% of consolidated revenue in 2007.  In addition, the loss of business from any one, or a few, independent brokers or agents would not have a material adverse effect on the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Assets Under Management and Administration</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>A substantial portion of the Company&#146;s fees, or other charges and margins, are based on general and separate account assets under management (&#147;AUM&#148;).  General account AUM represents assets in which the Company bears the investment risk, while separate account AUM represent assets in which the contractowners bear the investment risk.  AUM is principally affected by net deposits (i.e., new deposits, less surrenders and other outflows) and investment performance (i.e., interest credited to contractowner accounts for fixed options or market performance for variable options).  A portion of the Company&#146;s fee income is also based on assets under administration (&#147;AUA&#148;), which are assets not included on the Company&#146;s Consolidated Balance Sheets and for which the Company provides administrative services only.  The general and separate account AUM, AUA, and
deposits, were as follows at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>6</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="545" style=' margin-left:54.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="257" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="92" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="92" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>New&nbsp;deposits:</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Variable&nbsp;annuities</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>6,418.4&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>5,884.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;annuities</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>1,531.9&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>1,808.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Stabilizer</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>743.9&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;new&nbsp;deposits</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8,694.2&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7,693.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="257" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Assets&nbsp;under&nbsp;management:</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Variable&nbsp;annuities</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>42,969.5&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>39,992.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;annuities</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,145.7&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,287.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;annuities</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>58,115.2&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56,280.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Plan&nbsp;sponsored&nbsp;and&nbsp;other&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,383.2&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,709.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;assets&nbsp;under&nbsp;management</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>59,498.4&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>60,990.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="257" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Assets&nbsp;under&nbsp;administration</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>27,876.7&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25,950.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;assets&nbsp;under&nbsp;management&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>and&nbsp;administration</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>87,375.1&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>86,940.7&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>AUM are generally available for contractowner withdrawal and are generally subject to market value adjustments and/or deferred surrender charges.  To encourage customer retention and recover acquisition expenses, contracts typically impose a surrender charge on contractowner balances withdrawn within a period of time after the contract&#146;s inception.  The period of time and level of the charge vary by product.  In addition, an approach incorporated into certain recent variable annuity contracts with fixed funding options allows contractowners to receive an incremental interest rate if withdrawals from the fixed account are spread over a period of five years.  Further, more favorable credited rates may be offered after policies have been in force for a period of time.  Existing tax penalties on annuity and certain custodial account distributions prior to age 59-1/2 provide further
disincentive to customers for premature surrenders of account balances, but generally do not impede transfers of those balances to products of competitors.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Competition</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Within the retirement services business, competition from traditional insurance carriers, as well as banks, mutual fund companies, and other investment managers, offers consumers many choices.  Principal competitive factors are reputation for investment performance, product features, service, cost, and the perceived financial strength of the investment manager. Competition may affect, among other matters, both business growth and the pricing of the Company&#146;s products and services.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Reserves</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company records as liabilities reserves to meet the Company&#146;s future obligations under its variable annuity and fixed annuity products.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Future policy benefits and claims reserves include reserves for deferred annuities and immediate annuities with and without life contingent payouts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>7</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Reserves for individual and group deferred annuity investment contracts and individual immediate annuities without life contingent payouts are equal to cumulative deposits, less charges and withdrawals, plus credited interest thereon, net of adjustments for investment experience that the Company is entitled to reflect in future credited interest.  Reserve interest rates vary by product and range from 1.6% to 7.8% for the years 2007, 2006, and 2005.  Certain reserves also include unrealized gains and losses related to investments and unamortized realized gains and losses on investments for experience-rated contracts.  Reserves on experience-rated contracts reflect the rights of contractowners, plan participants, and the Company.  Reserves for group immediate annuities without life contingent payouts are equal to the discounted value of the payment at the implied break-even rate.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Reserves for individual immediate annuities with life contingent payout benefits are computed on the basis of assumed interest discount rates, mortality, and expenses, including a margin for adverse deviations.  Such assumptions generally vary by annuity type plan, year of issue, and policy duration.  For the years 2007, 2006, and 2005, reserve interest rates ranged from 5.1% to 5.9%.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s domestic individual life insurance business was disposed of on October 1, 1998 via an indemnity reinsurance agreement.  The Company includes an amount in Reinsurance recoverable on the Consolidated Balance Sheets, which equals the Company&#146;s total individual life reserves.  Individual life reserves are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>As discussed under &#147;Products and Services,&#148; the Company also has guaranteed death benefits included in variable annuities, which are included in reserves.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Reinsurance Arrangements</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company utilizes indemnity reinsurance agreements to reduce its exposure to losses from its annuity insurance business.  Reinsurance permits recovery of a portion of losses from reinsurers, although it does not discharge the Company&#146;s primary liability as the direct insurer of the risks.  Reinsurance treaties are structured as yearly renewable term, coinsurance, or modified coinsurance.  All agreements that the Company currently has relate to specifically-identified blocks of business or contracts; therefore the agreements do not cover new contracts written, if any.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company has a significant concentration of reinsurance arising from the disposition of its individual life insurance business.  In 1998, the Company entered into an indemnity reinsurance arrangement with certain subsidiaries of Lincoln National Corporation (&#147;Lincoln&#148;).  At December 31, 2007 and 2006, the Company had $2.6 billion and $2.7 billion, respectively, related to reinsurance recoverable from those subsidiaries of Lincoln.  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company evaluates the financial strength of potential reinsurers and continually monitors the financial strength and credit ratings of its reinsurers.  Only those reinsurance recoverable balances deemed probable of recovery are reflected as assets on the Company&#146;s Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>8</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Investment Overview and Strategy</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s investment strategy focuses on diversification by asset class.  The Company seeks to achieve economic diversification, while reducing overall credit risk and liquidity risk.  In addition, the Company seeks to mitigate the impact of cash flow variability from embedded options within certain investment products, such as prepayment options, interest rate options embedded in collateralized mortgage obligations, and call options embedded in corporate bonds.  The investment management function is centralized under ING Investment Management LLC, an affiliate of the Company, pursuant to an investment advisory agreement.  Separate portfolios are established for groups of products with similar liability characteristics within the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s general account invests primarily in fixed maturity investments, including publicly issued bonds (including government bonds), privately placed notes and bonds, mortgage-backed securities, and asset-backed securities.  The primary investment strategy is to optimize the risk-adjusted return through superior asset selection predicated on a developed relative value approach, credit research and monitoring, superior management of interest rate risk, and active exploration into new investment product opportunities. Investments are purchased when market returns, adjusted for risk and expenses, are sufficient to profitably support growth of the liability block of business. In addition, assets and liabilities are analyzed and reported for internal management purposes on an option-adjusted basis. The level of required capital of given transactions is a primary factor in
determining relative value among different investment and liability alternatives, within the scope of each product type&#146;s objective. An active review of existing holdings identifies specific assets that could be effectively traded in order to enhance the risk-adjusted returns of the portfolio, while minimizing adverse tax and accounting impacts.  The Company strives to maintain a portfolio weighted average asset quality rating of A, based on Standard &amp; Poor&#146;s (&#147;S&amp;P&#148;) ratings classifications.  The weighted average excludes mortgage loans, but includes mortgage-backed securities, which are reported with bonds.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company uses derivatives for hedging purposes to reduce the Company&#146;s exposure to cash flow variability of assets and liabilities, interest rate risk, credit risk, and market risk. In addition, the Company uses credit default swaps to reduce the credit loss exposure with respect to certain assets that the Company owns, or to assume credit exposure to certain assets that the Company does not own.  These credit default swaps are similar in credit risk to bonds of the named issuer and allow the Company to gain access to a broader, more diversified pool of credit risks. See &#147;Liquidity and Capital Resources - Derivatives&#148; in Management&#146;s Narrative Analysis of the Results of Operations and Financial Condition for further discussion of the Company&#146;s use of derivatives.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Ratings</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On August 23, 2005, S&amp;P reaffirmed its AA (Very Strong) counterparty credit and financial strength rating of ING&#146;s primary U.S. insurance operating companies (&#147;ING U.S.&#148;), including the Company.  S&amp;P also, on that date, affirmed the stable outlook on the core insurance operating companies.  There has been no change in S&amp;P&#146;s rating of ING U.S., including the Company, since that date.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>9</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On July 25, 2007, Moody&#146;s Investor&#146;s Service, Inc. (&#147;Moody&#146;s&#148;) affirmed the financial strength rating of the Company, of Aa3 (Excellent) with a stable outlook.  On February 12, 2008, Moody's assigned a short-term financial strength rating of Prime-1 (P-1) and reaffirmed the long-term financial strength rating of Aa3.  The rating is based on the strong implicit support and financial strength of the parent company, ING.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On May 11, 2007, A.M. Best Company, Inc. (&#147;A.M. Best&#148;) reaffirmed the financial strength rating of A+ (Superior) of ING U.S., including the Company, with a stable outlook.  A.M. Best assigned an issuer credit rating of aa- to ILIAC at that time.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Regulation</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><I><font SIZE=2>T</font></I><font size=2>he Company&#146;s operations are subject to comprehensive regulation throughout the United States.  The laws of the various jurisdictions establish supervisory agencies, including the state insurance departments, with broad authority to grant licenses to transact business and regulate many aspects of the products and services offered by the Company, as well as solvency and reserve adequacy.  Many agencies also regulate the investment activities of insurance companies on the basis of quality, diversification, and other quantitative criteria.  The Company&#146;s operations and accounts are subject to examination at regular intervals by certain of these regulators.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>ILIAC is subject to the insurance laws of the State of Connecticut, where it is domiciled, and other jurisdictions in which it transacts business.  The primary regulators of the Company&#146;s insurance operations are the insurance departments of Connecticut and New York.  Among other matters, these agencies may regulate trade practices, agent licensing, policy forms, underwriting and claims practices, minimum interest rates to be credited to fixed annuity contractowner accounts, and the maximum interest rates that can be charged on policy loans.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Securities and Exchange Commission (&#147;SEC&#148;), the Financial Industry Regulatory Authority (&#147;FINRA&#148;), the self-regulatory organization which succeeded to the regulatory functions of the National Association of Securities Dealers and the New York Stock Exchange, and, to a lesser extent, the states, regulate the sales and investment management activities and operations of the Company.  Generally, the Company&#146;s variable annuity products and certain of its fixed annuities are registered as securities with the SEC.  Regulations of the SEC, Department of Labor, and Internal Revenue Service also impact certain of the Company&#146;s annuity and other investment and retirement products.  These products may involve separate accounts and mutual funds registered under the Investment Company Act of 1940.  The Company also provides a variety of products and services to
employee benefit plans that are covered by the Employee Retirement Income Security Act of 1974.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Insurance Holding Company Laws</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>A number of states regulate affiliated groups that include insurers such as the Company under holding company statutes.  These laws, among other things, place certain restrictions on investments in, or transactions with, affiliates and may require prior approval of the payment of certain dividends by the Company to its parent.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>10</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Insurance Company Guaranty Fund Assessments</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Insurance companies are assessed the costs of funding the insolvencies of other insurance companies by the various state guaranty associations, generally based on the amount of premiums companies collect in that state.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company accrues the cost of future guaranty fund assessments based on estimates of insurance company insolvencies provided by the National Organization of Life and Health Insurance Guaranty Associations and the amount of premiums written in each state.  The Company has estimated this liability to be $7.9 as of December&nbsp;31, 2007 and 2006.  The Company has also recorded an asset of $5.9 and $5.6 as of December&nbsp;31, 2007 and 2006, respectively, for future credits to premium taxes for assessments already paid.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>For information regarding certain other potential regulatory changes relating to the Company&#146;s businesses, see Item 1A. Risk Factors.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Employees and Other Shared Services</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>ILIAC had 2,076 employees as of December&nbsp;31, 2007, primarily focused on managing new business processing, product distribution, marketing, customer service, and product management for the Company, as well as, providing product development, actuarial, and finance services to the Company.  The Company also utilizes services provided by ING North America Insurance Corporation and other affiliates.  These services include risk management, human resources, investment management, information technology, and legal and compliance services, as well as other new business processing, actuarial, and finance related services.  The affiliated companies are reimbursed for the Company&#146;s use of various services and facilities under a variety of intercompany agreements.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item1a"></a>&nbsp;

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    <tr>
        <td width="72" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 1A.</font></b></p> </td>
        <td width="106" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="riskfactors"></a>Risk Factors</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In addition to the normal risks of business, the Company is subject to significant risks and uncertainties, including those which are described below.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>Equity market volatility could negatively impact profitability and financial condition</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The decline of the United States and international equity markets over an extended period of time may reduce the profitability and negatively affect the financial condition of the Company due to the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Sales of variable annuity products may decrease as prospective customers seek products with higher returns.  </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Account values of separate accounts that support variable annuity products may decrease, which results in a decrease in fees and profits earned on the accounts.  The amount of fees the Company earns on variable annuity products is based on such account values.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>11</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>If the Company&#146;s expectations of future performance and profits decrease, it may be required to accelerate the amortization of deferred policy acquisition costs and value of business acquired, as applicable, decreasing profits.</font></p> </td> </tr></table>
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        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>If the Company&#146;s net amount at risk under certain guaranteed minimum death benefits increases, the amount of required reserve increases.  If reserves are not adequate, the Company may need to increase reserves through a charge to earnings.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>Changes in interest rates could have a negative impact on profitability and financial condition</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Changes in interest rates may be caused by either changes in the underlying risk free rates or changes in the credit spreads required for various levels of risk within the market.  Changes in interest rates may negatively affect the Company&#146;s attempts to maintain profitable margins between the amounts earned on its general account investments and the amounts paid under its annuity contracts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>As interest rates rise, fixed annuity contract surrenders and withdrawals may increase as contractowners seek higher returns.   To raise the cash necessary to fund such surrenders and withdrawals, the Company may need to sell assets at capital losses.  An increase in contract surrenders and withdrawals may also require the Company to accelerate amortization of deferred policy acquisition costs and value of business acquired, as applicable, relating to such contracts, further reducing profits.  In addition, rising interest rates increase unrealized losses for fixed maturities and certain derivatives where the Company assumes credit exposure.  Significant or sustained increases in interest rates may result in increased other-than-temporary impairments.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>As interest rates decline, borrowers may prepay or redeem mortgages and bonds with embedded call options that are owned as investments by the Company.  This may force the Company to reinvest the proceeds at lower interest rates.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>All of the Company&#146;s fixed annuity products, and the fixed account options included in some of the Company&#146;s annuity products, contain minimum interest rate guarantees that limit the Company&#146;s ability to lower interest rates credited to contractowners in response to lower investment returns.  A decrease in the difference between earned investment income and the interest credited to contractowners further reduces profits.  This decrease in profits may also require the Company to accelerate amortization of deferred policy acquisition costs and value of business acquired, as applicable.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>The Company&#146;s</font></i><font size=2> </font><i><font size=2>investment portfolio is subject to risks that may reduce the value of invested assets and adversely affect sales, profitability, and investment returns credited to contractowners</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s investment portfolio is subject to several risks, including the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>12</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>An increase in defaults or delinquency in investment portfolios, including derivative contracts;</font></p> </td> </tr></table>
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        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Greater difficulty selling privately placed and certain asset-backed fixed maturity securities and commercial mortgage loans at attractive prices and in a timely manner, as all are less liquid than publicly traded fixed maturity securities;</font></p> </td> </tr></table>
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        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Borrower prepayment or redemption, prior to maturity, of mortgages that back mortgage-backed securities and bonds with embedded call options could force the Company to reinvest proceeds at lower interest rates;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>An increase in environmental liability exposure from the Company&#146;s commercial mortgage loan portfolio; and</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Losses in the commercial mortgage loan portfolio as a result of economic downturns or natural disasters.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>Changes in underwriting and actual experience could materially affect profitability</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company prices its products based on long-term assumptions regarding investment returns, mortality, persistency, and operating costs.  Management establishes target returns for each product based upon these factors and the average amount of regulatory and rating agency capital that the Company must hold to support in-force contracts.  The Company monitors and manages pricing and sales mix to achieve target returns.  Profitability from a new business emerges over a period of years, depending on the nature and life of the product, and is subject to variability as actual results may differ from pricing assumptions.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s profitability depends on the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Adequacy of investment margins; </font></p> </td> </tr></table>
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        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Management of market and credit risks associated with investments; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Ability to maintain premiums and contract charges at a level adequate to cover mortality, benefits, and contract administration expenses; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Adequacy of contract charges on variable contracts to cover the cost of product features; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Persistency of policies to ensure recovery of acquisition expenses and value of business acquired, as applicable; and </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Management of operating costs and expenses within anticipated pricing allowances.  </font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.17in; text-indent:-0.42in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>A downgrade in</font></i><font size=2> </font><i><font size=2>the Company&#146;s ratings may negatively affect profitability and financial condition</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Ratings are an important factor in establishing the competitive position of insurance companies.  A downgrade, or the potential for a downgrade, of any of the Company&#146;s ratings may lead to lower margins and fee income due to lower assets under management, resulting from:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>13</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Increase in annuity contract surrenders and withdrawals;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Termination of relationships with broker-dealers, banks, agents, wholesalers, and other distributors of products and services; and </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reduction of new annuity contract sales.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company cannot predict what actions rating organizations may take, or what actions the Company may be required to take in response to the actions of rating organizations, which could adversely affect the Company. Rating organizations assign ratings based upon several factors, including the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Statutory capital; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Risk of investment portfolio; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Views of the rating organization;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Economic trends affecting the financial services industry; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Changes in models and formulas used by rating organizations to assess the financial strength of a rated company; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Enterprise risk management; and</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Other circumstances outside the rated company&#146;s control.  </font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>The Company&#146;s results of operations and financial condition may be adversely affected by general economic and business conditions or adverse capital market conditions that are less favorable than anticipated</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Factors such as consumer spending, business investment, government spending, the volatility and strength of capital markets and inflation affect the business and economic environment and, ultimately, the amount and profitability of the Company&#146;s business.  For example, in an economic downturn characterized by high unemployment, lower family income, lower corporate earnings, lower business investment and lower consumer spending, the demand for financial and insurance products could be adversely affected.  Additionally, slow growth and recessionary periods are often associated with declining asset prices, lower interest rates, credit rating agency downgrades and increasing default losses.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Adverse capital market conditions, such as that recently experienced with the decrease in the value and liquidity of asset-backed securities supported by subprime mortgages, as well as other investments, could also impact the cost of and ability of the Company to issue debt, including commercial paper borrowings. While the Company has various sources of liquidity available, adverse market conditions could impact the cost and availability of these borrowing sources.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>Competition could negatively affect the ability to maintain or increase profitability</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The insurance industry is intensely competitive.  The Company competes based on factors including the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
&nbsp;

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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'>&nbsp;</p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Name recognition and reputation; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'>&nbsp;</p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Service;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Investment performance;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Product features;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Price;</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>14</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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&nbsp;

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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'>&nbsp;</p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Perceived financial strength; and</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'>&nbsp;</p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Claims paying and credit ratings.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s competitors include insurers, broker-dealers, financial advisors, asset managers, and other financial institutions, which may, for example, have greater market share, offer a broader range of products, or have higher claims-paying or credit ratings than the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In recent years, there has been substantial consolidation among companies in the financial services industry resulting in increased competition from large, well-capitalized financial services firms.  Many of these firms also have been able to increase their distribution systems through mergers or contractual arrangements.  Furthermore, larger competitors may lower operating costs and have an ability to absorb greater risk, while maintaining financial strength ratings, allowing them to price products more competitively.  While the Company cannot predict the future level of consolidation, the Company expects consolidation to continue and perhaps accelerate in the future, increasing competitive pressure. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>Changes in federal income tax law or interpretations of existing tax law could affect profitability and financial condition by making some products less attractive to contractowners and increasing tax costs of contractowners or the Company</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Annuity products that the Company sells currently benefit from one or more forms of tax favored status under current federal tax law. The Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs Act and Growth Tax Relief Reconciliation Act of 2003 contain provisions that will, over time, significantly lower individual tax rates.  This decrease will reduce the benefits of deferral on the build-up of value of annuities.  Many of these provisions expire in 2008 and 2010.  The Bush Administration, however, has proposed that many of the rate reductions and tax-favored savings initiatives be made permanent.  Although the Company cannot predict the overall effect on product sales, some of these tax law changes could hinder sales and result in the increased surrender of annuity contracts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Additionally, the Company is subject to federal corporation income tax, and benefits from certain federal tax provisions, including but not limited to, dividends received deductions, various tax credits, and insurance reserve deductions. There is risk that changes to federal tax law or in Internal Revenue Service (&#147;IRS&#148;) interpretation of existing tax law may be enacted or adopted, and could result in materially higher corporate taxes than would be incurred under existing tax law or interpretation and adversely impact profitability.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>Litigation may adversely affect profitability and financial condition</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company is, and may be in the future, subject to legal actions in the ordinary course of insurance, investment management, and other business operations.  These legal actions may include proceedings relating to aspects of businesses and operations that are specific to the Company, and proceedings that are typical of the businesses in which the Company operates.  Some of these proceedings may be brought on behalf of a class.  Plaintiffs may seek large or indeterminate amounts of damage, including compensatory, liquidated, treble, and/or punitive damages.  Given the large or </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>15</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>indeterminate amounts sometimes sought, and the inherent unpredictability of litigation, it is possible that an adverse outcome could, from time to time, have an adverse effect on the Company&#146;s reputation, results of operations, or cash flows, in particular quarterly or annual periods.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>Changes in regulation in the United States and recent regulatory investigations may reduce profitability</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s insurance and securities business is subject to comprehensive state and federal regulation and supervision throughout the United States.  The primary purpose of state regulation is to protect contractowners, and not necessarily to protect creditors and investors.  State insurance and securities regulators, state attorneys general, the National Association of Insurance Commissioners, the SEC, the FINRA, the Department of Labor and the IRS continually reexamine existing laws and regulations and may impose changes in the future.  Changes in legislation and administrative policies, or new interpretations of existing laws, in areas such as employee benefit plan regulation, financial services regulation, and federal taxation, could lessen the competitive advantages of certain of the Company&#146;s products, result in the surrender of existing contracts and policies, increase
costs, reduce new product sales, or result in higher taxes affecting the Company, thus reducing the Company&#146;s profitability.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Since 2002, the insurance industry has become the focus of increased regulatory scrutiny as various state and federal governmental agencies and self-regulatory organizations conduct inquiries and investigations into the products and practices of the financial services industries.  These initiatives currently focus on areas such as:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Inappropriate trading of fund shares; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Revenue sharing and directed brokerage; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Sales and marketing practices (including sales to seniors); </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Suitability; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Arrangements with service providers; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Pricing;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Product cost and fees;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Compensation and sales incentives;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Potential conflicts of interest; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Potential anti-competitive activity; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reinsurance; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Specific product types (including group annuities and indexed annuities); and </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Adequacy of disclosure.  </font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>It is likely that the scope of these industry investigations will become broader before they conclude.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In some cases, this regulatory scrutiny has led to new proposed legislation and regulation that could significantly affect the financial services industry, including businesses in which the Company is engaged, or has resulted in regulatory penalties, settlements, and litigation.  At this time, the Company does not believe that any of this regulatory scrutiny will have a material adverse affect on it.  The Company cannot guarantee, however, that new laws, regulations, and other regulatory actions aimed at the business practices under scrutiny would not adversely affect its business.  The adoption of new laws and regulations, enforcement actions, or litigation, whether </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>16</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>or not involving the Company, could influence the manner in which the Company distributes its products, result in negative coverage of the industry by the media, cause significant harm to the Company&#146;s reputation, and adversely impact profitability.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>The Company&#146;s products are subject to extensive regulation and failure to meet any of the complex product requirements may reduce profitability</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s insurance and annuity products are subject to a complex and extensive array of state and federal tax, securities and insurance laws, and regulations, which are administered and enforced by a number of different governmental and self-regulatory authorities, including state insurance regulators, state securities administrators, the SEC, the FINRA, and the IRS. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>For example, U.S. federal income tax law imposes requirements relating to insurance and annuity product design, administration, and investments that are conditions for beneficial tax treatment of such products under the Internal Revenue Code.  Failure to administer certain contract features (for example, contractual annuity start dates in nonqualified annuities) could affect such beneficial tax treatment.  Additionally, state and federal securities and insurance laws impose requirements relating to insurance and annuity product design, offering and distribution, and administration.  Failure to meet any of these complex tax, securities, or insurance requirements could subject the Company to administrative penalties imposed by a particular governmental or self-regulatory authority, unanticipated costs associated with remedying such failure or other claims, harm to the Company's reputation,
interruption of the Company's operations, or adversely impact profitability.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:justify;'><i><font size=2>A failure of the Company&#146;s operating systems or a compromise of security with respect to operating systems or portable electronic devices could adversely affect the Company&#146;s results of operations and financial condition</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company is highly dependent on automated systems to record and process Company and contractowner transactions.  The Company may experience a failure of its operating systems or a compromise of its security due to technical system flaws, clerical or record-keeping errors, or tampering or manipulation of those systems by employees or unauthorized third parties.  Information security risks also exist with respect to the use of portable electronic devices, such as laptops, which are particularly vulnerable to loss and theft.  The Company may also be subject to disruptions of its operating systems arising from events that are wholly or partially beyond its control (for example, natural disasters, acts of terrorism, epidemics, computer viruses, and electrical/telecommunications outages).  All of these risks are also applicable where the Company relies on outside vendors to provide services
to it and its contractowners.  Operating system failures or disruptions or the compromise of security with respect to operating systems or portable electronic devices could subject the Company to regulatory sanctions, or other claims, harm the Company&#146;s reputation, interrupt the Company&#146;s operations, and adversely affect the Company&#146;s business, results of operations, or financial condition.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>17</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:left;'><i><font size=2>The occurrence of natural or man-made disasters may adversely affect the Company&#146;s results of operations and financial condition</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company is exposed to various risks arising from natural disasters, including hurricanes, floods, earthquakes, tornadoes, and pandemic disease, caused by a virus such as H5N1 (the &#147;Avian flu&#148; virus), as well as man-made disasters, including acts of terrorism and military actions, which may adversely affect assets under management, results of operations and financial condition, as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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    <tr>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Losses in the Company&#146;s investment portfolio due to significant volatility in global financial markets or the failure of counterparties to perform.</font></p> </td> </tr></table>
</div>



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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Changes in the rate of mortality, lapses and surrenders of existing policies/contracts, as well as sales of new policies/contracts.</font></p> </td> </tr></table>
</div>



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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Disruption of the Company&#146;s normal business operations due to catastrophic property damage, loss of life, or disruption of public and private infrastructure, including communications and financial services.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>While the Company has a business continuation and crisis management plan, there can be no assurance that the Company&#146;s plan and insurance coverages would be effective in mitigating any negative effects on operations or profitability in the event of a disaster. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in;text-align:left;'><i><font size=2>The occurrence of unidentified or unanticipated risks could negatively affect the Company&#146;s business or result in losses</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company has developed risk management policies and procedures and expects to continue to do so in the future.  Nonetheless, the Company&#146;s policies and procedures to identify, monitor, and manage risks may not be fully effective.  Many of the Company&#146;s methods of managing risk and exposures are based upon observed historical market behavior or statistics based on historical models.  As a result, these methods may not predict future exposures, which could be significantly greater than historical measures indicate.  Other risk management methods depend on the evaluation of information regarding markets, clients, catastrophe occurrence, or other matters, that is publicly available or otherwise accessible to the Company.  This information may not always be accurate, complete, up-to-date or properly evaluated.  Management of operational, legal, and regulatory risks requires,
among other things, policies and procedures to record and verify large numbers of transactions and events.  These policies and procedures may not be fully effective.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item1b"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 1B.</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="unresolvedstaffcomments"></a>Unresolved Staff Comments</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Omitted as registrant is neither an accelerated filer nor a well-known seasoned issuer.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item2"></a>&nbsp;


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<table border="0" cellspacing=0 cellpadding=0 width="164" style=' border-collapse:collapse'>
    <tr>
        <td width="72" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 2.</font></b></p> </td>
        <td width="92" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="properties"></a>Properties</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s home office is located at One Orange Way, Windsor, Connecticut, 06095-4774.  All Company office space other than the home office is leased or subleased by the Company or its other affiliates.  The Company pays substantially all expenses associated with its owned or leased and subleased office properties.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>18</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Affiliates within ING&#146;s U.S. operations provide the Company with various management, finance, investment management and other administrative services, from facilities located at 5780 Powers Ferry Road, N.W., Atlanta, Georgia 30327-4390.  The affiliated companies are reimbursed for the Company&#146;s use of these services and facilities under a variety of intercompany agreements.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2><a name="item3"></a>&nbsp;</font></p>


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        <td width="72" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 3.</font></b></p> </td>
        <td width="145" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="legalproceedings"></a>Legal Proceedings</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company is involved in threatened or pending lawsuits/arbitrations arising from the normal conduct of business.  Due to the climate in insurance and business litigation/arbitrations, suits against the Company sometimes include claims for substantial compensatory, consequential, or punitive damages, and other types of relief.  Moreover, certain claims are asserted as class actions, purporting to represent a group of similarly situated individuals.  While it is not possible to forecast the outcome of such lawsuits/arbitrations, in light of existing insurance, reinsurance, and established reserves, it is the opinion of management that the disposition of such lawsuits/arbitrations will not have a materially adverse effect on the Company&#146;s operations or financial position.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item4"></a>&nbsp;


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<table border="0" cellspacing=0 cellpadding=0 width="447" style=' border-collapse:collapse'>
    <tr>
        <td width="72" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 4.</font></b></p> </td>
        <td width="375" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="submissionofmatters"></a>Submission of Matters to a Vote of Security Holders</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Omitted pursuant to General Instruction I(2)(c) of Form 10-K.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2><a name="partii"></a>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>19</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>PART II</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<a name="item5"></a>&nbsp;


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        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 5.</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="marketforregistrants"></a>Market for Registrant&#146;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>(Dollar amounts in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>There is no public trading market for the common stock of ING Life Insurance and Annuity Company (&#147;ILIAC&#148;).  All of ILIAC&#146;s outstanding common stock is owned by its parent, Lion Connecticut Holdings Inc. (&#147;Lion&#148; or &#147;Parent&#148;), a Connecticut holding and management company.  All of the outstanding common stock of Lion is owned by ING America Insurance Holdings, Inc. (&#147;ING AIH&#148;), whose ultimate parent is ING Groep N.V. (&#147;ING&#148;).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>ILIAC&#146;s ability to pay dividends to its parent is subject to the prior approval of insurance regulatory authorities of the State of Connecticut for payment of any dividend, which, when combined with other dividends paid within the preceding 12 months, exceeds the greater of (1) ten percent (10%) of ILIAC&#146;s statutory surplus at the prior year end or (2) ILIAC&#146;s prior year statutory net gain from operations.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>During 2007, 2006 and 2005, ILIAC paid $145.0, $256.0, and $20.5, respectively, in dividends on its common stock to Lion.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>During 2006, Lion contributed to ILIAC, Directed Services, Inc., which had $50.5 in equity on the date of contribution and was accounted for in a manner similar to a pooling-of-interests.  During 2007, 2006 and 2005, ILIAC did not receive any cash capital contributions from Lion.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>20</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<b><font size=2><a name="item6"></a></font></b></p>


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        <td width="72" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 6.</font></b></p> </td>
        <td width="180" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="selectedfinancialdata"></a>Selected Financial Data</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>(Dollar amounts in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:center;'><B><font SIZE=2>ING LIFE INSURANCE AND ANNUITY COMPANY AND SUBSIDIARIES</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:center;'><b><font size=2>3-YEAR SUMMARY OF SELECTED FINANCIAL DATA</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The following selected financial data has been derived from the consolidated financial statements.  The following selected financial data should be read in conjunction with "Management's Discussion and Analysis of Results of Operations and Financial Condition" and the consolidated financial statements and notes thereto.  Due to the correction of an error related to the identification of unreconciled net liabilities in 2007, Total shareholder&#146;s equity, Total assets, and Future policy benefits and claims reserves have been restated for 2006 and 2005.  See Changes to Prior Years Presentation for further discussion on the restatement.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="255" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="255" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>(Restated)</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>(Restated)</font></b></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>CONSOLIDATED&nbsp;OPERATING&nbsp;RESULTS</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;investment&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,054.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,029.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,037.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fee&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>789.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>714.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>609.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premiums</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Broker-dealer&nbsp;commission&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>429.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>378.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;realized&nbsp;capital&nbsp;gains&nbsp;(losses)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8.2)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>22.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,451.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,229.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,097.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;credited&nbsp;and&nbsp;other&nbsp;benefits&nbsp;to&nbsp;contractowners</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>822.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>783.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>739.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Broker-dealer&nbsp;commission&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>429.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>378.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization&nbsp;of&nbsp;deferred&nbsp;policy&nbsp;acquisition</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>costs&nbsp;and&nbsp;value&nbsp;of&nbsp;business&nbsp;acquired</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>129.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>159.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>218.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>301.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>272.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="255" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>CONSOLIDATED&nbsp;FINANCIAL&nbsp;POSITION</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,898.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,010.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,961.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Assets&nbsp;held&nbsp;in&nbsp;separate&nbsp;accounts</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>48,091.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43,550.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>35,899.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;assets</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>71,621.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>68,482.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>61,685.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Future&nbsp;policy&nbsp;benefits&nbsp;and&nbsp;claims&nbsp;reserves</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>18,569.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,984.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20,921.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Liabilities&nbsp;related&nbsp;to&nbsp;separate&nbsp;accounts</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>48,091.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43,550.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>35,899.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;shareholder's&nbsp;equity</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,041.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,013.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,970.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="255" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>ASSETS&nbsp;UNDER&nbsp;MANAGEMENT&nbsp;AND</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>ADMINISTRATION</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Variable&nbsp;annuities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>42,969.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>39,992.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>35,067.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;annuities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,145.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,287.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,034.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Plan&nbsp;sponsored&nbsp;and&nbsp;other</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,383.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,709.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,335.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;assets&nbsp;under&nbsp;management</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>59,498.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>60,990.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>55,437.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Assets&nbsp;under&nbsp;administration</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>27,876.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25,950.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>23,031.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;assets&nbsp;under&nbsp;management&nbsp;and&nbsp;administration</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>87,375.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>86,940.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>78,468.6&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>21</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in; text-indent:-0.75in;text-align:justify;'>
<b><font size=2><a name="item7"></a></font></b></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 7.</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="managementsnarrative"></a>Management&#146;s Narrative Analysis of the Results of Operations and Financial Condition</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>(Dollar amounts in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><b><font size=2>Overview</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The following narrative analysis presents a review of the consolidated results of operations of ING Life Insurance and Annuity Company (&#147;ILIAC&#148;) and its wholly-owned subsidiaries (collectively, the &#147;Company&#148;) for each of the three years ended December&nbsp;31, 2007, 2006 and 2005, and financial condition as of December&nbsp;31, 2007 and 2006.  This item should be read in its entirety and in conjunction with the selected financial data, consolidated financial statements and related notes, and other supplemental data, which can be found under Part II, Item 6. and Item 8. contained herein.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><b><font size=2>Forward-Looking Information/Risk Factors</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In connection with the &#147;safe harbor&#148; provisions of the Private Securities Litigation Reform Act of 1995, the Company cautions readers regarding certain forward-looking statements contained in this report and in any other statements made by, or on behalf of, the Company, whether or not in future filings with the Securities Exchange Commission (&#147;SEC&#148;). Forward-looking statements are statements not based on historical information and which relate to future operations, strategies, financial results, or other developments. Statements using verbs such as &#147;expect,&#148; &#147;anticipate,&#148; &#147;believe,&#148; or words of similar import, generally involve forward-looking statements.  Without limiting the foregoing, forward-looking statements include statements that represent the Company&#146;s beliefs concerning future levels of sales and redemptions of the
Company&#146;s products, investment spreads and yields, or the earnings and profitability of the Company&#146;s activities.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to significant business, economic, and competitive uncertainties and contingencies, many of which are beyond the Company&#146;s control and many of which are subject to change. These uncertainties and contingencies could cause actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.  Whether or not actual results differ materially from forward-looking statements may depend on numerous foreseeable and unforeseeable developments, including, but not limited to the following:  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity market volatility could negatively impact profitability and financial condition; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Changes in interest rates could have a negative impact on profitability and financial condition; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The Company&#146;s investment portfolio is subject to risks that may reduce the value of invested assets and adversely affect sales, profitability, and investment returns credited to contractowners; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(4)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Changes in underwriting and actual experience could materially affect profitability; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>A downgrade in the Company&#146;s ratings may negatively affect profitability and financial condition; </font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>22</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(6)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The Company&#146;s results of operations and financial condition may be adversely affected by general economic and business conditions or adverse capital market conditions that are less favorable than anticipated; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(7)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Competition could negatively affect the ability to maintain or increase profitability; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Changes in federal income tax law or interpretations of existing tax law could affect profitability and financial condition by making some products less attractive to contractowners and increasing tax costs of contractowners or the Company;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(9)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Litigation may adversely affect profitability and financial condition; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(10)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Changes in regulation in the United States and recent regulatory investigations may reduce profitability; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(11)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The Company&#146;s products are subject to extensive regulation and failure to meet any of the complex product requirements may reduce profitability; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(12)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>A failure of the Company&#146;s operating systems or a compromise of security with respect to operating systems or portable electronic devices could adversely affect the Company&#146;s results of operations and financial condition; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(13)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The occurrence of natural or man-made disasters may adversely affect the Company&#146;s results of operations and financial condition; and </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(14)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The occurrence of unidentified or unanticipated risks could negatively affect the Company&#146;s business or result in losses.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Investors are also directed to consider the risks and uncertainties discussed in Items 1A., 7., and 7A. contained herein, as well as in other documents filed by the Company with the SEC.  Except as may be required by the federal securities laws, the Company disclaims any obligation to update forward-looking information.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><b><font size=2>Basis of Presentation</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>ILIAC is a stock life insurance company domiciled in the state of Connecticut.  ILIAC and its wholly-owned subsidiaries are providers of financial products and services in the United States.  ILIAC is authorized to conduct its insurance business in all states and in the District of Columbia.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The consolidated financial statements include ILIAC and its wholly-owned subsidiaries, ING Financial Advisers, LLC (&#147;IFA&#148;) and Directed Services LLC (&#147;DSL&#148;).  ILIAC is a direct, wholly-owned subsidiary of Lion Connecticut Holdings Inc., which is an indirect, wholly-owned subsidiary of ING Groep N.V.  ING is a global financial services holding company based in The Netherlands, with American Depository Shares listed on the New York Stock Exchange under the symbol &#147;ING.&#148;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On December 1, 2006, Lion contributed to ILIAC, Directed Services, Inc. (&#147;DSI&#148;), a New York corporation registered as a broker-dealer under the Securities Exchange Act of 1934 and as an investment advisor under the Investment Advisors Act of 1940, whose primary functions were the distribution of variable insurance products and investment advisory services for open-end mutual funds.  Additionally, on December&nbsp;12, 2006, ILIAC organized DSL as a wholly-owned Delaware limited liability company.  On December 31, 2006, DSI merged with and into DSL and ceased to exist.  Upon merger, the operations and broker-dealer and investment advisor registrations of DSI were consolidated into DSL, the surviving company.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>23</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Effective January 1, 2007, ILIAC&#146;s investment advisory agreement with certain variable funds offered in Company products was assigned to DSL.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Statement of Financial Accounting Standards (&#147;FAS&#148;) No. 141, &#147;Business Combinations&#148;, excludes transfers of net assets or exchanges of shares between entities under common control, and notes that certain provisions under Accounting Principles Board (&#147;APB&#148;) Opinion No. 16, &#147;Business Combinations&#148;, provide a source of guidance for such transactions.  In accordance with APB Opinion No. 16, financial information of the combined entity is presented as if the entities had been combined for the full year, and all comparative financial statements are restated and presented as if the entities had previously been combined, in a manner similar to a pooling-of-interests.  The consolidated financial statements give effect to the DSL consolidation transactions as if they had occurred on January 1, 2004 and include the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>594.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>507.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>35.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>28.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Additional&nbsp;paid-in&nbsp;capital:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Dividends&nbsp;paid</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Employee&nbsp;share-based&nbsp;payments</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On May 11, 2006, ILIAC organized Northfield Windsor LLC (&#147;NWL&#148;) as a wholly-owned subsidiary for the purpose of purchasing, constructing, developing, leasing, and managing a new corporate office facility to be located at One Orange Way, Windsor, Connecticut (the &#147;Windsor Property&#148;).  Effective October 1, 2007, the principal executive office of ILIAC was changed to One Orange Way, Windsor, Connecticut.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On October 31, 2007, ILIAC&#146;s subsidiary, NWL merged with and into ILIAC.  As of the merger date, NWL ceased to exist, and ILIAC became the surviving corporation.  The merger did not have an impact on ILIAC&#146;s consolidated results of operations and financial position, as NWL was a wholly-owned subsidiary and already included in the consolidated financial statements for all periods presented since its formation.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company has one operating segment.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><b><font size=2>Critical Accounting Policies</font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>General</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires the use of estimates and assumptions in certain circumstances that affect amounts reported in the accompanying consolidated financial statements and related footnotes.  These estimates and assumptions are evaluated on an on-going basis based on historical developments, market conditions, industry trends, and other information that is reasonable under the circumstances. There can be no assurance that actual results will conform to estimates and assumptions, and that reported results of operations will not be materially adversely affected by the need to make future accounting adjustments to reflect changes in these estimates and assumptions from time to time.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>24</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company has identified the following estimates as critical in that they involve a higher degree of judgment and are subject to a significant degree of variability: reserves, valuation of investments and other-than-temporary impairments, and amortization of deferred acquisition costs (&#147;DAC&#148;) and value of business acquired (&#147;VOBA&#148;).  In developing these estimates, management makes subjective and complex judgments that are inherently uncertain and subject to material changes as facts and circumstances develop.  Although variability is inherent in these estimates, management believes the amounts provided are appropriate based upon the facts available upon compilation of the consolidated financial statements.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Reserves</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company records as liabilities reserves to meet the Company&#146;s future obligations under its variable annuity and fixed annuity products.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Future policy benefits and claims reserves include reserves for deferred annuities and immediate annuities with and without life contingent payouts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Reserves for individual and group deferred annuity investment contracts and individual immediate annuities without life contingent payouts are equal to cumulative deposits, less charges and withdrawals, plus credited interest thereon, net of adjustments for investment experience that the Company is entitled to reflect in future credited interest.  Reserve interest rates vary by product and range from 1.6% to 7.8% for the years 2007, 2006 and 2005.  Certain reserves also include unrealized gains and losses related to investments and unamortized realized gains and losses on investments for experience-rated contracts.  Reserves on experience-rated contracts reflect the rights of contractowners, plan participants, and the Company.  Reserves for group immediate annuities without life contingent payouts are equal to the discounted value of the payment at the implied break-even rate.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Reserves for individual immediate annuities with life contingent payout benefits are computed on the basis of assumed interest discount rates, mortality, and expenses, including a margin for adverse deviations.  Such assumptions generally vary by annuity type plan, year of issue, and policy duration.  For the years 2007, 2006 and 2005, reserve interest rates ranged from 5.1% to 5.9%.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company has a significant concentration of reinsurance arising from the disposition of its individual life insurance business.  In 1998, the Company entered into an indemnity reinsurance arrangement with certain subsidiaries of Lincoln National Corporation (&#147;Lincoln&#148;).  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.  The Company includes an amount in Reinsurance recoverable on the Consolidated Balance Sheets, which equals the Company&#146;s total individual life reserves.  Individual life reserves are included in Future policy benefits and claims reserves of the Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>25</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Certain variable annuity contracts offer guaranteed minimum death benefits (&#147;GMDB&#148;).  The GMDB is accrued in the event the customer&#146;s account value at death is below the guaranteed value and is included in reserves.  See Item I, Business, &#147;Products and Services&#148;, for a description of the GMDBs.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Valuation of Investments</font></i><font size=2> </font><i><font size=2>and Other-Than-Temporary Impairments</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>All of the Company&#146;s fixed maturities and equity securities are currently designated as available-for-sale.  Available-for-sale securities are reported at fair value and unrealized capital gains (losses) on these securities are recorded directly in Shareholder&#146;s equity, after adjustment for related changes in experience-rated contract allocations, DAC, VOBA, and deferred income taxes.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The fair values for fixed maturities are largely determined by one of two pricing methods: published price quotations or valuation techniques with market inputs.  Security pricing is applied using a hierarchy or &#147;waterfall&#148; approach, whereby prices are first sought from published price quotations, including pricing services or broker-dealer quotations.  Published price quotations may be unavailable or deemed unreliable due to a limited market for securities that are rarely traded or are traded only in privately negotiated transactions.  As such, fair values for the remaining securities, consisting primarily of privately placed bonds, are then determined using risk-free interest rates, current corporate spreads, the credit quality of the issuer, and cash flow characteristics of the security.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The fair values for actively traded equity securities are based on quoted market prices. For equity securities not actively traded, estimated fair values are based upon values of issues of comparable yield and quality or conversion value, where applicable.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The fair values for short-term investments are based on quoted market prices.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Derivative instruments are reported at fair value primarily using the Company&#146;s derivative accounting system. The system uses key financial data, such as yield curves, exchange rates, Standard and Poor&#146;s (&#147;S&amp;P&#148;) 500 Index prices, and London Inter Bank Offered Rates, which are obtained from third party sources and uploaded into the system.  For those derivatives that are unable to be valued by the accounting system, the Company typically utilizes values established by third party brokers.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between knowledgeable, unrelated willing parties.  As such, the estimated fair value of a financial instrument may differ significantly from the amount that could be realized if the security was sold immediately. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s accounting policy requires that a decline in the value of an investment below its amortized cost basis be assessed to determine if the decline is other-than-temporary.  If so, the investment is deemed to be other-than-temporarily impaired, and a charge is recorded in Net realized capital gains (losses) equal to the difference between fair value and the amortized cost basis of the investment.  The fair value of the other-than-temporarily impaired investment becomes its new cost basis.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>26</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The evaluation of other-than-temporary impairments included in the Company&#146;s general account is a quantitative and qualitative process, which is subject to risks and uncertainties and is intended to determine whether declines in the fair value of investments should be recognized in current period earnings.  The risks and uncertainties include the length of time and extent to which the fair value has been less than amortized cost, the issuer&#146;s financial condition and near-term prospects, future economic conditions and market forecasts, and the Company&#146;s intent and ability to retain the investment for a period of time sufficient to allow for recovery in fair value.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In addition, the Company invests in structured securities that meet the criteria of Emerging Issues Task Force (&#147;EITF&#148;) Issue No. 99-20, &#147;Recognition of Interest Income and Impairment on Purchased and Retained Beneficial Interests in Securitized Financial Assets&#148; (&#147;EITF 99-20&#148;).  Under EITF 99-20, a determination of the required impairment is based on the analysis discussed in the preceding paragraph, as well as credit risk and the possibility of significant prepayment risk that restricts the Company&#146;s ability to recover the investment.  An impairment is recognized if the fair value of the security is less than amortized cost and there has been an adverse change in cash flow since the last remeasurement date.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Amortization of Deferred Acquisition Costs and Value of Business Acquired</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>DAC represents policy acquisition costs that have been capitalized and are subject to amortization.  Such costs consist principally of certain commissions, underwriting, contract issuance, and certain agency expenses, related to the production of new and renewal business.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>VOBA represents the outstanding value of in force business capitalized in purchase accounting when the Company was acquired and is subject to amortization.  The value is based on the present value of estimated net cash flows embedded in the Company&#146;s contracts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>FAS No. 97, &#147;Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments&#148; (&#147;FAS No. 97&#148;), applies to universal life and investment-type products, such as fixed and variable deferred annuities.  Under FAS No. 97, DAC and VOBA are amortized, with interest, over the life of the related contracts in relation to the present value of estimated future gross profits from investment, mortality, and expense margins, plus surrender charges.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Contractowners may periodically exchange one contract for another, or make modifications to an existing contract. Beginning January 1, 2007, these transactions are identified as internal replacements and are accounted for in accordance with Statement of Position (&#147;SOP&#148;) 05-1, &#147;Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts&#148; (&#147;SOP 05-1&#148;).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>27</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Internal replacements that are determined to result in substantially unchanged contracts are accounted for as continuations of the replaced contracts.  Any costs associated with the issuance of the new contracts are considered maintenance costs and expensed as incurred. Unamortized DAC and VOBA related to the replaced contracts continue to be deferred and amortized in connection with the new contracts, as follows:  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>For deferred annuities, the estimated future gross profits of the new contracts are treated as revisions to the estimated future gross profits of the replaced contracts in the determination of amortization. </font></p> </td> </tr></table>
</div>



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    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>As of January 1, 2007, internal replacements that are determined to result in contracts that are substantially changed are accounted for as extinguishments of the replaced contracts, and any unamortized DAC and VOBA related to the replaced contracts are written off to Amortization of deferred policy acquisition costs and value of business acquired in the Consolidated Statements of Operations.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Changes in assumptions can have a significant impact on DAC and VOBA balances and amortization rates.  Several assumptions are considered significant in the estimation of future gross profits associated with variable universal life and variable deferred annuity products.  One of the most significant assumptions involved in the estimation of future gross profits is the assumed return associated with the variable account performance.  The overall return on the variable account is dependent on multiple factors, including the relative mix of the underlying sub-accounts among bond funds and equity funds, as well as equity sector weightings.  Other significant assumptions include surrender and lapse rates, estimated interest spread, and estimated mortality.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Due to the relative size and sensitivity to minor changes in underlying assumptions of DAC and VOBA balances, the Company performs quarterly and annual analyses of DAC and VOBA for the annuity and life businesses, respectively.  The DAC and VOBA balances are also evaluated for recoverability.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>At each evaluation date, actual historical gross profits are reflected, and estimated future gross profits and related assumptions are evaluated for continued reasonableness.  Any adjustment in estimated future gross profits requires that the amortization rate be revised (&#147;unlocking&#148;) retroactively to the date of the policy or contract issuance.  The cumulative unlocking adjustment is recognized as a component of current period amortization.  In general, sustained increases in investment, mortality, and expense margins, and thus estimated future profits, lower the rate of amortization.  However, sustained decreases in investment, mortality, and expense margins, and thus estimated future gross profits, increase the rate of amortization.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>For interest rate and equity sensitivity and related effects on DAC and VOBA, see Item 7A. Quantitative and Qualitative Disclosures About Market Risk.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>28</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><b><font size=2>Results of Operations</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Overview</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Products offered by the Company include qualified and nonqualified annuity contracts that include a variety of funding and payout options for individuals and employer-sponsored retirement plans qualified under Internal Revenue Code Sections 401, 403, 408, and 457, as well as nonqualified deferred compensation plans.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company derives its revenue mainly from (a) fee income generated from separate account assets supporting variable options under variable annuity contract investments, as designated by contractowners, (b) investment income earned on assets supporting fixed assets under management (&#147;AUM&#148;), mainly generated from annuity products with fixed investment options, and (c) certain other fees.  The Company&#146;s expenses primarily consist of (a) interest credited and other benefits to contractowners, (b) amortization of DAC and VOBA, (c) expenses related to the selling and servicing of the various products offered by the Company, and (d) other general business expenses.  In addition, the Company collects broker-dealer commissions through its subsidiary DSL, which are, in turn, paid to broker-dealers and expensed.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Economic Analysis</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The current economic environment presents challenges for the Company and the insurance industry. The Company&#146;s sales and financial results continue to be affected by economic trends.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Equity market performance affects the Company, as fee revenue from variable AUM is generally affected by equity market performance. In addition, variable product demand often mirrors consumer demand for equity market investments.  Sales and favorable investment performance in the variable product lines during 2007 favorably impacted variable AUM in 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>While the interest rate environment during 2007 has resulted in an increase in unrealized losses as compared to 2006, overall increases in market yields have allowed for improved asset returns, and, therefore, improved margins on fixed products during 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>29</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<i><font size=2>Year ended December</font></i><font size=2>&nbsp;</font><i><font size=2>31, 2007 compared to year ended December</font></i><font size=2>&nbsp;</font><i><font size=2>31, 2006</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s results of operations for the year ended December 31, 2007, and changes therein, were primarily impacted by net amortization of DAC and VOBA and operating expenses, partially offset by fee income resulting from higher average variable AUM and favorable net margins on average fixed AUM.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="545" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Years</font></b><font size=2>&nbsp;</font><b><font size=2>Ended</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>$</font></b><font size=2>&nbsp;</font><b><font size=2>Increase</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>%</font></b><font size=2>&nbsp;</font><b><font size=2>Increase</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>(Decrease)</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>(Decrease)</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Revenues:</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;investment&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,054.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,029.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>2.4%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fee&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>789.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>714.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>74.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>10.4%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premiums</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>24.8%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Broker-dealer&nbsp;commission&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>429.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>139.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>32.4</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;realized&nbsp;capital&nbsp;(loss)&nbsp;gains</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8.2)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(11.2)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NM</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>0.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>15.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(14.8)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:1.0pt;margin-bottom:0pt'><font size=2>(94.3)%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,451.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,229.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>222.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>10.0%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Benefits</font></b><font size=2>&nbsp;</font><b><font size=2>and</font></b><font size=2>&nbsp;</font><b><font size=2>expenses:</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;credited&nbsp;and&nbsp;other&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>benefits&nbsp;to&nbsp;contractowners</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>822.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>783.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>38.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.9%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Operating&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>652.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>83.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>14.8%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Broker-dealer&nbsp;commission&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>429.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>139.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>32.4%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization&nbsp;of&nbsp;deferred&nbsp;policy&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>acquisition&nbsp;costs&nbsp;and&nbsp;value&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>of&nbsp;business&nbsp;acquired</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>129.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>107.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NM</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>2.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>89.7%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;benefits&nbsp;and&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,177.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,805.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>372.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>20.6%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Income&nbsp;before&nbsp;income&nbsp;taxes</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>274.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>424.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(150.1)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>(35.4)%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Income&nbsp;tax&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>122.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(66.7)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>(54.4)%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>218.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>301.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(83.4)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>(27.6)%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Effective&nbsp;tax&nbsp;rate</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>20.4%</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>28.9%</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>NM&nbsp;-&nbsp;Not&nbsp;meaningful.</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Revenues</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Total revenue increased for the year ended December 31, 2007, primarily reflecting increases in Fee income and Net investment income and partially offset by an increase in Net realized capital losses and a decrease in Other income.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Fee income</font></i><font size=2> increased for the year ended December 31, 2007, as overall average variable AUM increased, driven by continuing increase in sales and favorable investment performance in variable product lines.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The increase in </font><i><font size=2>Net investment income</font></i><font size=2> for the year ended December 31, 2007, was mainly due to favorable yields on investments supporting average fixed AUM.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The increase in </font><i><font size=2>Premiums</font></i><font size=2> for the year ended December 31, 2007, was entirely offset by the Interest credited and other benefits to contractowners</font><font size=2>.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>30</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The increase in </font><i><font size=2>Net realized capital losses</font></i><font size=2> for the year ended December 31, 2007, was primarily due to realized losses on derivatives, primarily related to losses on interest rate swaps and the widening of credit spreads.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Other income</font></i><font size=2> decreased for the year ended December 31, 2007 due to higher commissions, primarily on the sales of retirement products, during 2006 as compared to 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Benefits and Expenses</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Total benefits and expenses increased for the year ended December 31, 2007, primarily due to increases in Amortization of DAC and VOBA, Operating expenses, and Interest credited and other benefits to contractowners.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The increase in </font><i><font size=2>Amortization of DAC and VOBA</font></i><font size=2> for the year ended December 31, 2007, was primarily driven by an increase in actual gross profits related to higher fee income and fixed margins in 2007.  In addition, amortization for the year ended December 31, 2006 was lower due to favorable unlocking, as a result of prospective expense assumption changes.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Operating expenses</font></i><font size=2> for the year ended December 31, 2007 increased in conjunction with the growth of the business and were primarily driven by higher operating expenses and commissions. The increase in commissions was due to higher renewal premiums and higher average variable AUM.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Interest credited and other benefits to contractowners</font></i><font size=2> increased for the year ended December 31, 2007, primarily driven by the increase in reserves associated with minimum guarantees on variable annuities due to the widening of credit spreads in the fourth quarter of 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Income Taxes</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Income tax expense</font></i><font size=2> decreased for the year ended December 31, 2007, primarily due to the audit settlement with the State of Connecticut, dividends received deduction, and lower income before taxes.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Year ended December</font></i><font size=2>&nbsp;</font><i><font size=2>31, 2006 compared to year ended December</font></i><font size=2>&nbsp;</font><i><font size=2>31, 2005</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s results of operations for the year ended December 31, 2006, and changes therein, were primarily impacted by DAC and VOBA unlocking, as well as increases in variable AUM which were driven by changing equity markets and cash flows.  Regulatory settlements and interest rate movements had an unfavorable impact on the Company&#146;s operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>31</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="545" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Years Ended December 31,</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>$ Increase</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>% Increase</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>(Decrease)</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>(Decrease)</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Revenues:</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net investment income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,029.7 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,037.1 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(7.4)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.7)%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fee income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>714.8 </font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>609.6 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>105.2 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>17.3%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premiums</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.5 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43.2 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5.7)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>(13.2)%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Broker-dealer commission revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>429.2 </font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>378.1 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>51.1 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>13.5%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net realized capital gains</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.0 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>22.0 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(19.0)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>(86.4)%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15.7 </font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.7 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8.0 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NM</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,229.9 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,097.7 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>132.2 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>6.3%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Benefits and expenses:</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest credited and other </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>benefits to contractowners</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>783.7 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>739.6 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>44.1 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>6.0%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Operating expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.3 </font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>524.3 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>44.0 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>8.4%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Broker-dealer commission expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>429.2 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>378.1 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>51.1 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>13.5%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization of deferred policy </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>acquisition costs and value </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>of business acquired</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.3 </font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>159.9 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(138.6)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>(86.7)%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.9 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.6 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>1.3 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>81.3%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total benefits and expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,805.4 </font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,803.5 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.9 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Income before income taxes</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>424.5 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>294.2 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>130.3 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>44.3%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Income tax expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>122.7 </font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.5 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>101.2 </font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NM</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>301.8 </font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>272.7 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>29.1 </font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>10.7%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Effective tax rate</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>28.9%</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>7.3%</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="160" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>NM - Not meaningful.</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Revenues</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Total revenue increased for the year ended December 31, 2006, primarily due to increases in Fee income and Commission revenue, partially offset by a decrease in Net realized capital gains.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Fee income</font></i><font size=2> increased as overall average variable AUM increased, driven by favorable equity market conditions and net cashflow during 2006.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Net realized capital gains</font></i><font size=2> decreased due to higher losses on derivatives, partially offset by realized capital gains on fixed maturities.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Benefits and Expenses</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Total benefits and expenses decreased for the year ended December 31, 2006, primarily due to a decrease in Amortization of DAC and VOBA, partially offset by higher Interest credited and other benefits to contractowners and Operating expenses.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Interest credited and other benefits to contractowners</font></i><font size=2> increased for the year ended December 31, 2006, primarily due to regulatory settlements.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>32</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Operating expenses</font></i><font size=2> for the year ended December 31, 2006 increased due to higher non-deferred commission expense and the continued growth of the business during 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The decrease in </font><i><font size=2>Amortization of DAC and VOBA</font></i><font size=2> in 2006, is primarily driven by favorable unlocking of $83.3, due to assumption changes and model refinements.  In addition, the decrease in amortization reflects lower actual gross profits, primarily due to legal a settlement incurred in 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Income Taxes</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Income tax expense</font></i><font size=2> increased for the year ended December 31, 2006, primarily due to the Internal Revenue Service (&#147;IRS&#148;) audit settlement in the third quarter of 2005, which related to the Company's tax returns for the years 2000 and 2001. The provision for the year ended December 31, 2005, reflected non-recurring favorable adjustments, due to a reduction in the tax liability that was no longer deemed necessary based on the results of the IRS examination, monitoring the activities of the IRS with respect to certain issues with other taxpayers, and the merits of the Company's positions.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><b><font size=2>Financial Condition</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><b><font size=2>Investments</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Investment Strategy</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s investment strategy focuses on diversification by asset class.  The Company seeks to achieve economic diversification, while reducing overall credit risk and liquidity risks.  In addition, the Company seeks to mitigate the impact of cash flow variability from embedded options within certain investment products, such as prepayment options, interest rate options embedded in collateralized mortgage obligations, and call options embedded in corporate bonds.  The investment management function is centralized under ING Investment Management LLC, an affiliate of the Company, pursuant to an investment advisory agreement.  Separate portfolios are established for groups of products with similar liability characteristics within the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s general account invests primarily in fixed maturity investments, including publicly issued bonds (including government bonds), privately placed notes and bonds, mortgage-backed securities, and asset-backed securities. The primary investment strategy is to optimize the risk-adjusted return through superior asset selection predicated on a developed relative value approach, credit research and monitoring, superior management of interest rate risk, and active exploration into new investment product opportunities. Investments are purchased when market returns, adjusted for risk and expenses, are sufficient to profitably support growth of the liability block of business. In addition, assets and liabilities are analyzed and reported for internal management purposes on an option-adjusted basis. The level of required capital of given transactions is a primary factor in
determining relative value among different investment and liability alternatives, within the scope of each product type&#146;s objective. An active review of existing holdings identifies specific assets that could be effectively traded in order to enhance the risk-adjusted returns of the portfolio, </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>33</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>while minimizing adverse tax and accounting impacts.  The Company strives to maintain a portfolio weighted average asset quality rating of A, based on Standard &amp; Poor&#146;s (&#147;S&amp;P&#148;) ratings classifications.  The weighted average excludes mortgage loans, but includes mortgage-backed securities which are reported with bonds.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company uses derivatives for hedging purposes to reduce the Company&#146;s exposure to cash flow variability of assets and liabilities, interest rate risk, credit risk, and market risk. In addition, the Company uses credit default swaps to reduce the credit loss exposure with respect to certain assets that the Company owns, or to assume credit exposure to certain assets that the Company does not own.  These credit default swaps are similar in credit risk to bonds of the named issuer and allow the Company to gain access to a broader, more diversified pool of credit risks. See &#147;Liquidity and Capital Resources - Derivatives&#148; for further discussion of the Company&#146;s use of derivatives.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Portfolio Composition</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The following table presents the investment portfolio at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="556" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="215" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="215" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Carrying</font></b><font size=2>&nbsp;</font><b><font size=2>Value</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>%</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Carrying</font></b><font size=2>&nbsp;</font><b><font size=2>Value</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>%</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale,</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="215" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>including&nbsp;securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="99" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>79.6%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="99" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,211.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>85.3%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>2.5%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>251.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>1.3%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage&nbsp;loans&nbsp;on&nbsp;real&nbsp;estate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,089.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>11.7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,879.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>9.9%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Policy&nbsp;loans</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>1.5%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>268.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>1.4%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>838.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>398.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>2.1%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="99" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,898.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>100.0%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:.75pt;text-indent:-.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="99" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,010.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>100.0%</font></p> </td> </tr>
    <tr style='height:5.1pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="215" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="44" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Fair Values</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The following table identifies the fair value of fixed maturities and equity securities available-for-sale, as well as short-term investments and derivatives by pricing source as of December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="551" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Valuation</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Valuation</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Techniques</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Techniques</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Published</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>with</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>without</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Price</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Market</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Market</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="2" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Quotations</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Inputs</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Inputs</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Assets:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale,&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>including&nbsp;securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11,333.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,916.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:4.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments&nbsp;(primarily&nbsp;derivatives</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>and&nbsp;short-term&nbsp;investments)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>168.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>34.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>202.7&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Liabilities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;liabilities&nbsp;(primarily&nbsp;derivatives)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>200.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>200.3&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>34</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="551" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Valuation</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Valuation</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Techniques</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Techniques</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Published</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>with</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>without</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Price</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Market</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Market</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Quotations</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Inputs</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Inputs</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="2" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Assets:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale,&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>including&nbsp;securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,891.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,320.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:4.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,211.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>251.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>251.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments&nbsp;(primarily&nbsp;derivatives</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>and&nbsp;short-term&nbsp;investments)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>33.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>39.7&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="183" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Liabilities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;liabilities&nbsp;(primarily&nbsp;derivatives)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.5&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Fixed Maturities</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Fixed maturities, available-for-sale, were as follows as of December&nbsp;31, 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="555" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gross</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gross</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Unrealized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Unrealized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gains</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Losses</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;government&nbsp;agencies&nbsp;and&nbsp;authorities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>State,&nbsp;municipalities,&nbsp;and&nbsp;political&nbsp;subdivisions</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>66.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>64.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate&nbsp;securities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Public&nbsp;utilities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,049.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,044.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,855.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>65.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,836.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;U.S.&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,904.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>80.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,880.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign&nbsp;securities</font><font size=1><sup>(1)</sup></font><font size=2>:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Government</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>379.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>389.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,955.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>29.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>40.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,945.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;foreign&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,335.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>47.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,335.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,146.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>101.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>63.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,184.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Commercial&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,927.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>52.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,885.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>924.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>41.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>888.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities,&nbsp;including&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>fixed&nbsp;maturities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,314.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>222.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>287.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;fixed&nbsp;maturities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>940.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>934.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,374.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>214.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="57" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,316.3&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1><sup>(1)</sup>&nbsp;Primarily&nbsp;U.S.&nbsp;dollar&nbsp;denominated.</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="57" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>35</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
<font size=2>Fixed maturities, available-for-sale, were as follows as of December&nbsp;31, 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="569" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gains</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Losses</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;government&nbsp;agencies&nbsp;and&nbsp;authorities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>276.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>276.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>State,&nbsp;municipalities,&nbsp;and&nbsp;political&nbsp;subdivisions</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate&nbsp;securities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Public&nbsp;utilities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,111.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,104.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,281.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>47.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>62.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>4,267.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;U.S.&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5,393.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>78.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5,371.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign&nbsp;securities<sup>(1)</sup>:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Government</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>466.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>31.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>494.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,000.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>28.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>33.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>1,995.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;foreign&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,466.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>60.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>36.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,489.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,529.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>52.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>82.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,500.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Commercial&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,261.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>28.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,246.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,258.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,254.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities,&nbsp;including&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>fixed&nbsp;maturities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,256.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>194.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>239.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,211.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;fixed&nbsp;maturities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,106.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,099.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,150.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>188.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>226.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,112.2&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="223" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1><sup>(1)</sup>&nbsp;Primarily&nbsp;U.S.&nbsp;dollar&nbsp;denominated.</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>At December&nbsp;31, 2007 and 2006, the Company&#146;s carrying value of fixed maturities, available-for-sale, including securities pledged to creditors, (hereinafter referred to as &#147;total fixed maturities&#148;) represented 79.6% and 85.3%, respectively, of the total general account invested assets.  For the same periods, $10,179.9, or 71.4% of total fixed maturities, and $13,505.3, or 83.3% of total fixed maturities, respectively, supported experience-rated products. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>It is management&#146;s objective that the portfolio of fixed maturities be of high quality and be well diversified by market sector.  The fixed maturities in the Company&#146;s portfolio are generally rated by external rating agencies and, if not externally rated, are rated by the Company on a basis believed to be similar to that used by the rating agencies.  At December 31, 2007 and 2006, the average qualify rating of the Company&#146;s fixed maturities portfolio was AA-.  Ratings are calculated using a rating hierarchy that considers S&amp;P, Moody&#146;s Investor&#146;s Service, Inc., and internal ratings.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>36</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Total fixed maturities, including securities pledged to creditors, by quality rating category were as follows at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="556" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>%</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>%</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>AAA</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6,446.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>45.3%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7,824.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>48.2%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>AA</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>956.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>6.7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,135.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>7.0%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>A</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,114.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>14.8%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,588.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>16.0%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>BBB</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,932.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>27.6%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,920.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>24.2%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>BB</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>591.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.1%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>652.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.0%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>B&nbsp;and&nbsp;below</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>209.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>1.5%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>90.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="248" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>100.0%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,211.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>100.0%</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>94.4% and 95.4% of fixed maturities were invested in securities rated BBB and above (Investment Grade) at December&nbsp;31, 2007 and 2006, respectively.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Fixed maturities rated BB and below (Below Investment Grade) may have speculative characteristics, and changes in economic conditions or other circumstances are more likely to lead to a weakened capacity of the issuer to make principal and interest payments than is the case with higher rated fixed maturities.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Total fixed maturities by market sector, including securities pledged to creditors, were as follows at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="549" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>%</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>%</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;government&nbsp;agencies&nbsp;and&nbsp;authorities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>0.0%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>276.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>1.7%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate,&nbsp;state,&nbsp;and&nbsp;municipalities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,944.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>34.7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5,418.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>33.3%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,335.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>16.4%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,489.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>15.4%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,184.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>29.4%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,500.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>27.8%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Commercial&nbsp;mortgage-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,885.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>13.2%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,246.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>13.9%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>888.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>6.2%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,254.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>7.7%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="241" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>100.0%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="84" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,211.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="46" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>100.0%</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>37</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
<font size=2>The amortized cost and fair value of fixed maturities as of December&nbsp;31, 2007, are shown below by contractual maturity.  Actual maturities may differ from contractual maturities as securities may be restructured, called, or prepaid.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="552" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="312" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="312" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Due&nbsp;to&nbsp;mature:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="312" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>One&nbsp;year&nbsp;or&nbsp;less</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>363.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>363.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="312" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>After&nbsp;one&nbsp;year&nbsp;through&nbsp;five&nbsp;years</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,440.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,451.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="312" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>After&nbsp;five&nbsp;years&nbsp;through&nbsp;ten&nbsp;years</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,779.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,761.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="312" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>After&nbsp;ten&nbsp;years</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,733.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,715.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="312" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6,073.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6,070.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="312" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>924.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>888.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;securities&nbsp;pledged&nbsp;to&nbsp;creditors</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>940.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>934.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;excluding&nbsp;securities&nbsp;pledged&nbsp;to&nbsp;creditors</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,374.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,316.3&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company did not have any investments in a single issuer, other than obligations of the U.S. government and government agencies, with a carrying value in excess of 10% of the Company&#146;s shareholder&#146;s equity at December&nbsp;31, 2007 or 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>At December&nbsp;31, 2007 and 2006, fixed maturities with fair values of $13.9 and $11.2, respectively, were on deposit as required by regulatory authorities.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company invest in various categories of collateralized mortgage obligations (&#147;CMOs&#148;) that are subject to different degrees of risk from changes in interest rates and, for CMOs that are not agency-backed, defaults.  The principal risks inherent in holding CMOs are prepayment and extension risks related to dramatic decreases and increases in interest rates resulting in the prepayment of principal from the underlying mortgages, either earlier or later than originally anticipated.  At December&nbsp;31, 2007 and 2006, approximately 11.3% and 8.4%, respectively, of the Company&#146;s CMO holdings were invested in those types of CMOs which are subject to more prepayment and extension risk than traditional CMOs, such as interest-only or principal-only strips.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Equity Securities</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Equity securities, available-for-sale, included investments with fair values of $279.5 and $219.5 in ING proprietary funds as of December 31, 2007 and 2006, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Subprime Mortgage Exposure</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Credit markets have recently become more turbulent amid concerns about subprime mortgages and collateralized debt obligations (&#147;CDOs&#148;).  This in turn has resulted in a general widening of credit spreads, reduced price transparency, reduced liquidity, increased rating agency downgrades and increased volatility across certain markets.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>To date, this market disruption has had a limited impact on the Company, which does not originate or purchase subprime or Alt-A whole-loan mortgages. Subprime lending is the origination of loans to customers with weaker credit profiles.  The Company defines Alt-A Loans to include residential mortgage loans to customers who have strong credit profiles but lack some element(s), such as documentation to substantiate </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>38</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>income.  Commencing in the fourth quarter of 2007, the Company expanded its definition of Alt-A loans to include residential mortgage loans to borrowers that would otherwise be classified as prime but whose loan structure provides repayment options to the borrower that increase the risk of default.  Further, during the fourth quarter, the industry coalesced around classifying any residential mortgage backed securities (&#147;RMBS&#148;) not clearly identifiable as prime or subprime into the Alt-A category and the Company is following that lead.  The following summarizes the Company&#146;s exposure to subprime and Alt-A mortgages as of December 31, 2007.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>As of December 31, 2007, the fair value and gross unrealized losses related to the Company&#146;s exposure to subprime mortgages was $410.2 and $32.9, respectively, representing 2.3% of total investments.  95.5% of these securities were rated &#147;AAA&#148; or &#147;AA&#148;.  This exposure was primarily in the form of asset-backed securities (&#147;ABS&#148;) structures, collateralized by subprime residential mortgages (&#147;ABS Home Equity&#148;) and one CDO position backed by ABS Home Equity.  Of the total subprime residential mortgage backed securities portfolio, 35.7% were issued in 2007, 14.8% in 2006, and 49.5% in 2005 and prior.  The ABS CDO had no unrealized loss and a fair value of $0.4 at December 31, 2007.   </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s exposure to Alt-A mortgages was concentrated in RMBS, and the fair value and gross unrealized losses aggregated to $1.3 billion and $38.1, respectively, representing 7.2% of total investments at December 31, 2007. 99.9% of these securities were AAA-rated.  The Alt-A mortgage backed securities portfolio included 28.4% issued in 2007, 12.9% in 2006, and 58.7% in 2005 and prior.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Total RMBS (including CMO and ABS structures) was $4.2 billion with 9.8% consisting of subprime residential mortgage backed securities and 30.4% consisting of Alt-A mortgage backed securities.  The RMBS portfolio is of high credit quality with 100.0% of the portfolio rated AAA.  Further, 12.4% of the RMBS portfolio was issued by the Government National Mortgage Association (&#147;GNMA&#148; or &#147;Ginnie Mae&#148;), the Federal National Mortgage Association (&#147;FNMA&#148; or &#147;Fannie Mae&#148;), or the Federal Home Loan Mortgage Corporation (&#147;FHLMC&#148; or &#147;Freddie Mac&#148;), which are government agencies or instrumentalities that guarantee the credit quality of the underlying mortgage pools.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Commercial Mortgage-backed and Other Asset-backed Securities</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>While the delinquency rates on commercial mortgages have been stable in recent years, commercial real estate rents and property values have recently become more volatile.  In addition, there are growing concerns with consumer loans as a result of the current economic environment, which includes lower family income and higher unemployment rates.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>At December 31, 2007, the fair value of the Company&#146;s Commercial mortgage-backed securities (&#147;CMBS&#148;) totaled $1.9 billion, and Other ABS, excluding subprime exposure, totaled $512.8.  CMBS investments represent pools of commercial mortgages that are broadly diversified across property types and geographical areas.  The Other ABS is also broadly diversified both by type and issuer with credit card receivables, automobile receivables, public utility and collateralized loan obligations comprising 34.5%, 18.8%, 17.6% and 13.3%, respectively, of total Other ABS, excluding subprime exposure.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>39</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The following tables summarize the Company&#146;s exposure to CMBS and Other ABS holdings by credit quality and vintage year as of December 31, 2007:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="390" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="10" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><U><B><font SIZE=2>CMBS</font></B></U><u></u></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>% of Total CMBS</font></b></u><u></u></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Vintage</font></b></u><u></u></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="40" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="40" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="41" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="41" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>AAA</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>84.1%</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2007</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>25.4%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>AA</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>9.3%</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2006</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>11.5%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>A</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4%</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2005 and prior</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>63.1%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>BBB</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2%</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="40" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="40" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="41" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="41" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="10" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Other ABS</font></b></u><u></u></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>% of Total Other ABS</font></b></u><u></u></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Vintage</font></b></u><u></u></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="40" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="40" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="26" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="41" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="41" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>AAA</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>60.1%</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2007</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>26.2%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>AA</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>5.8%</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2006</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>12.9%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>A</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>16.8%</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2005 and prior</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>60.9%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>BBB</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>16.7%</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>BB and below</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6%</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="76" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Mortgage Loans on Real Estate</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Mortgage loans on real estate, primarily commercial mortgage loans, totaled $2,089.4 and $1,879.3 at December&nbsp;31, 2007 and 2006, respectively.  These loans are reported at amortized cost, less impairment write-downs.  If the value of any mortgage loan is determined to be impaired (i.e., when it is probable that the Company will be unable to collect on all amounts due according to the contractual terms of the loan agreement), the carrying value of the mortgage loan is reduced to either the present value of expected cash flows from the loan, discounted at the loan&#146;s effective interest rate, or fair value of the collateral.  If the loan is in foreclosure, the carrying value is reduced to the fair value of the underlying collateral, net of estimated costs to obtain and sell.  The carrying value of the impaired loans is reduced by establishing a permanent write-down charged to Net
realized capital gains (losses).  At December&nbsp;31, 2007 and 2006, the Company had no allowance for mortgage loan credit losses.  The properties collateralizing mortgage loans are geographically dispersed throughout the United States, with the largest concentration of 16.8% and 17.7% and of properties in California at December&nbsp;31, 2007 and 2006, respectively.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Unrealized Capital Losses </font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Unrealized capital losses related to fixed maturities are analyzed in detail in the following tables.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Unrealized capital losses in fixed maturities, including securities pledged to creditors, for Investment Grade (&#147;IG&#148;) and Below Investment Grade (&#147;BIG&#148;) securities by duration were as follows at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>40</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="575" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>2007</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>2006</font></b></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>%</font></b><font size=1>&nbsp;</font><b><font size=1>of</font></b><font size=1>&nbsp;</font><B><font SIZE=1>IG</font></B></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>%</font></b><font size=1>&nbsp;</font><b><font size=1>of</font></b><font size=1>&nbsp;</font><B><font SIZE=1>IG</font></B></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>%</font></b><font size=1>&nbsp;</font><b><font size=1>of</font></b><font size=1>&nbsp;</font><B><font SIZE=1>IG</font></B></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>%</font></b><font size=1>&nbsp;</font><b><font size=1>of</font></b><font size=1>&nbsp;</font><B><font SIZE=1>IG</font></B></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=1>IG</font></B></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>and</font></b><font size=1>&nbsp;</font><B><font SIZE=1>BIG</font></B></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=1>BIG</font></B></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>and</font></b><font size=1>&nbsp;</font><B><font SIZE=1>BIG</font></B></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=1>IG</font></B></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>and</font></b><font size=1>&nbsp;</font><B><font SIZE=1>BIG</font></B></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=1>BIG</font></B></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>and</font></b><font size=1>&nbsp;</font><B><font SIZE=1>BIG</font></B></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Less&nbsp;than&nbsp;six</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>months&nbsp;below&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>amortized&nbsp;cost</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:6.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>44.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>15.7%</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>1.4%</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:6.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>20.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>8.5%</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>1.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>0.5%</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>More&nbsp;than&nbsp;six&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>months&nbsp;and&nbsp;less&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>than&nbsp;twelve&nbsp;months&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>below&nbsp;amortized&nbsp;cost</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>119.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>41.6%</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:6.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>11.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>4.1%</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>6.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>2.8%</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>0.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>0.3%</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>More&nbsp;than&nbsp;twelve&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>months&nbsp;below&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="124" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>amortized&nbsp;cost</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>102.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>35.5%</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>5.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>1.7%</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>208.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>87.4%</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>1.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>0.5%</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>Total&nbsp;unrealized&nbsp;capital&nbsp;loss</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>266.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>92.8%</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:6.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>20.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>7.2%</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>236.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>98.7%</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="38" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>3.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>1.3%</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Unrealized capital losses in fixed maturities at December&nbsp;31, 2007 and 2006, were primarily related to interest rate movement or spread widening to mortgage and other asset-backed securities.  Mortgage and other asset-backed securities include U.S. government-backed securities, principal protected securities, and structured securities, which did not have an adverse change in cash flows.  The following table summarizes the unrealized capital losses by duration and reason, along with the fair value of fixed maturities, including securities pledged to creditors, in unrealized capital loss positions at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="563" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>More</font></b><font size=1>&nbsp;</font><b><font size=1>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Six</font></b><font size=1>&nbsp;</font><b><font size=1>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Less</font></b><font size=1>&nbsp;</font><b><font size=1>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>and</font></b><font size=1>&nbsp;</font><b><font size=1>less</font></b><font size=1>&nbsp;</font><b><font size=1>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>More</font></b><font size=1>&nbsp;</font><b><font size=1>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Six</font></b><font size=1>&nbsp;</font><b><font size=1>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Twelve</font></b><font size=1>&nbsp;</font><b><font size=1>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Twelve</font></b><font size=1>&nbsp;</font><b><font size=1>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Total</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Below</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Below</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Below</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Unrealized</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Capital</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><u><b><font size=1>2007</font></b></u><u></u></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Loss</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Interest&nbsp;rate&nbsp;or&nbsp;spread&nbsp;widening</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>18.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>62.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>48.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>129.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Mortgage&nbsp;and&nbsp;other&nbsp;asset-backed&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>30.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>69.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>58.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>157.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>Total&nbsp;unrealized&nbsp;capital&nbsp;loss</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>48.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>131.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>107.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>287.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>Fair&nbsp;value</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2,256.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2,217.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>3,612.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>8,086.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><b><font size=1>2006</font></b></u><u></u></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Interest&nbsp;rate&nbsp;or&nbsp;spread&nbsp;widening</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>10.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>102.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>118.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Mortgage&nbsp;and&nbsp;other&nbsp;asset-backed&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="173" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>11.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>107.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>120.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>Total&nbsp;unrealized&nbsp;capital&nbsp;loss</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>21.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>7.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>210.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>239.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>Fair&nbsp;value</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2,447.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>501.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>6,726.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>9,675.1&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Unrealized capital losses in fixed maturities, including securities pledged to creditors, by market sector and duration were as follows at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>41</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="563" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>More</font></b><font size=1>&nbsp;</font><b><font size=1>than</font></b><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Less</font></b><font size=1>&nbsp;</font><b><font size=1>than</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Six</font></b><font size=1>&nbsp;</font><b><font size=1>Months</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>More</font></b><font size=1>&nbsp;</font><b><font size=1>than</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Six</font></b><font size=1>&nbsp;</font><b><font size=1>Months</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>and</font></b><font size=1>&nbsp;</font><b><font size=1>less</font></b><font size=1>&nbsp;</font><b><font size=1>than</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Twelve</font></b><font size=1>&nbsp;</font><b><font size=1>Months</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Total</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Below</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Twelve</font></b><font size=1>&nbsp;</font><b><font size=1>Months</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Below</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Unrealized</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Amortized</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Below</font></b><font size=1>&nbsp;</font><b><font size=1>Amortized</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Amortized</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Capital</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><u><b><font size=1>2007</font></b></u><u></u></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:1.5pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Cost</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Cost</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:1.5pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Cost</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Loss</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>U.S.&nbsp;corporate,&nbsp;state,&nbsp;and&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>municipalities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>10.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>40.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>31.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>83.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Foreign</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>8.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>21.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>17.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>46.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Residential&nbsp;mortgage-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>17.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>18.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>28.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>63.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Commercial&nbsp;mortgage-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>33.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>14.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>52.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Other&nbsp;asset-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>8.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>17.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>15.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>41.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>Total&nbsp;unrealized&nbsp;capital&nbsp;loss</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>48.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>131.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>107.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>287.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><b><font size=1>2006</font></b></u><u></u></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>U.S.&nbsp;government&nbsp;agencies&nbsp;and&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>authorities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:48.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>1.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>0.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>3.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>U.S.&nbsp;corporate,&nbsp;state,&nbsp;and&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>municipalities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>6.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:48.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>1.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>70.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>78.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Foreign</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:48.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>32.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>36.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Residential&nbsp;mortgage-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>6.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:48.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>0.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>74.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>82.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Commercial&nbsp;mortgage-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>3.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:48.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>0.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>24.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>28.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Other&nbsp;asset-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>0.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:48.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>1.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>7.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>10.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>Total&nbsp;unrealized&nbsp;capital&nbsp;loss</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>21.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:48.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>7.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>210.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>239.1&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Of the unrealized capital losses aged more than twelve months, the average market value of the related fixed maturities was 96.9% of the average book value as of December 31, 2007.  In addition, this category includes 761 securities, which have an average quality rating of AA.  No other-than-temporary impairment loss was considered necessary for these fixed maturities as of December&nbsp;31, 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Other-Than-Temporary Impairments</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company analyzes the general account investments to determine whether there has been an other-than-temporary decline in fair value below the amortized cost basis.  Management considers the length of time and the extent to which the fair value has been less than amortized cost, the issuer&#146;s financial condition and near-term prospects, future economic conditions and market forecasts, interest rate changes, and the Company&#146;s intent to retain the investment for a period of time sufficient to allow for recovery in fair value.  If it is probable that all amounts due according to the contractual terms of an investment will not be collected, an other-than-temporary impairment is considered to have occurred.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In addition, the Company invests in asset-backed securities.  Determination of the required impairment is based on the analysis discussed in the preceding paragraph, as well as credit risk and the possibility of significant prepayment risk that restricts the Company&#146;s ability to recover the investment.  An impairment is recognized if the fair value of the security is less than book value and there has been an adverse change in cash flow since the last remeasurement date.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>42</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>When a decline in fair value is determined to be other-than-temporary, the individual security is written down to fair value, and the loss is recorded in Net realized capital gains (losses).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The following table identifies the Company&#146;s other-than-temporary impairments by type for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="617" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Limited&nbsp;partnerships</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>3.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;treasuries</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>36.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>113&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>24.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>67&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>54&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>30&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>76&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>44.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>82&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>76.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>219&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>58.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>161&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>49.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>100&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The above schedule includes $16.4, $16.1, and $43.3 for the years ended December&nbsp;31, 2007, 2006, and 2005, respectively, in other-than-temporary write-downs related to the analysis of credit-risk and the possibility of significant prepayment risk.  The remaining $59.6, $42.6, and $5.7 in write-downs for the years ended December 31, 2007, 2006, and 2005, respectively, are related to investments that the Company does not have the intent to retain for a period of time sufficient to allow for recovery in fair value.  The following table summarizes these write-downs recognized by type for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="611" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="70" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>31.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>102&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>24.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>67&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>54&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>59.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>174&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="70" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>42.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>83&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company may sell securities during the period in which fair value has declined below amortized cost for fixed maturities or cost for equity securities.  In certain situations new factors, including changes in the business environment, can change the Company&#146;s previous intent to continue holding a security.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>43</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Net Realized Capital Gains (Losses)</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Net realized capital gains (losses) are comprised of the difference between the amortized cost of investments and proceeds from sale and redemption, as well as losses incurred due to other-than-temporary impairment of investments and changes in fair value of derivatives.  The cost of the investments on disposal is determined based on specific identification of securities.  Net realized capital gains (losses) on investments were as follows for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="551" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="256" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="256" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(50.3)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(67.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="256" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>12.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="256" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Derivatives</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(123.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="256" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.3)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="256" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;allocation&nbsp;to&nbsp;experience-rated&nbsp;contracts</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>161.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(64.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="256" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;realized&nbsp;capital&nbsp;(losses)&nbsp;gains</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8.2)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>22.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="256" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>After-tax&nbsp;net&nbsp;realized&nbsp;capital&nbsp;(losses)&nbsp;gains</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5.3)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.3&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The increase in Net realized capital losses for the year ended December 31, 2007, was primarily due to realized losses on derivatives, primarily related to losses on interest rate swaps and widening of credit spreads.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Net realized capital gains (losses) allocated to experience-rated contracts were deducted from Net realized capital gains (losses) and an offsetting amount was reflected in Future policy benefits and claim reserves on the Consolidated Balance Sheets. Net unamortized realized capital gains allocated to experienced-rated contractowners were $53.8, $164.5, and $240.3, at December&nbsp;31, 2007, 2006, and 2005, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><b><font size=2>Liquidity and Capital Resources</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Liquidity is the ability of the Company to generate sufficient cash flows to meet the cash requirements of operating, investing, and financing activities. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Sources and Uses of Liquidity</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s principal sources of liquidity are product charges, investment income, proceeds from the maturity and sale of investments, and capital contributions.  Primary uses of these funds are payments of commissions and operating expenses, interest credits, investment purchases, and contract maturities, withdrawals, and surrenders.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s liquidity position is managed by maintaining adequate levels of liquid assets, such as cash, cash equivalents, and short-term investments.  Asset/liability management is integrated into many aspects of the Company&#146;s operations, including investment decisions, product development, and determination of crediting rates.  As part of the risk management process, different economic scenarios are modeled, including cash flow testing required for insurance regulatory purposes, to determine that existing assets are adequate to meet projected liability cash flows.  Key variables in the modeling process include interest rates, anticipated contractowner behavior, and variable separate account performance.  Contractowners </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>44</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>bear the investment risk related to variable annuity products, subject, in limited cases, to certain minimum guaranteed rates.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The fixed account liabilities are supported by a general account portfolio, principally composed of fixed rate investments with matching duration characteristics that can generate predictable, steady rates of return.  The portfolio management strategy for the fixed account considers the assets available-for-sale.  This strategy enables the Company to respond to changes in market interest rates, prepayment risk, relative values of asset sectors and individual securities and loans, credit quality outlook, and other relevant factors.  The objective of portfolio management is to maximize returns, taking into account interest rate and credit risk, as well as other risks.  The Company&#146;s asset/liability management discipline includes strategies to minimize exposure to loss as interest rates and economic and market conditions change. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Liquidity and Capital Resources</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Additional sources of liquidity include borrowing facilities to meet short-term cash requirements that arise in the ordinary course of business.  ILIAC maintains the following agreements:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>A reciprocal loan agreement with ING AIH, an affiliate, whereby either party can borrow from the other up to 3% of ILIAC&#146;s statutory admitted assets as of the prior December&nbsp;31.  As of December 31, 2007 and 2006, ILIAC had no amount due to ING AIH under the reciprocal loan agreement.  As of December 31, 2007, ILIAC had no amount due from ING AIH under the reciprocal loan agreement and $45.0 receivable from ING AIH as of December&nbsp;31, 2006.  </font></p> </td> </tr></table>
</div>



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    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>A $100.0 uncommitted, perpetual revolving note facility with the Bank of New York.  At December&nbsp;31, 2007 and 2006, ILIAC had no amounts outstanding under the revolving note facility.  </font></p> </td> </tr></table>
</div>



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    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>A $75.0 uncommitted line-of-credit agreement with PNC Bank.  Borrowings are guaranteed by ING AIH, with maximum aggregate borrowings outstanding at anytime to ING AIH and its affiliates of $75.0.  At December&nbsp;31, 2007 and 2006, ILIAC had no amounts outstanding under the line-of-credit agreement.</font></p> </td> </tr></table>
</div>



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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>A $100.0 uncommitted line-of-credit agreement with Svenska Handelsbanken AB (Publ.), effective June 2, 2006.  Borrowings are guaranteed by ING AIH, with maximum aggregate borrowings outstanding at anytime to ING AIH and its affiliates of $100.0. As of December 31, 2007 and 2006, ILIAC had no amounts outstanding under the line-of-credit agreement.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Management believes that these sources of liquidity are adequate to meet the Company&#146;s short-term cash obligations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Financing Agreement</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>As of June 1, 2007, the State of Connecticut, acting by the Department of Economic and Community Development (&#147;DECD&#148;), loaned ILIAC $9.9 (the &#147;DECD Loan&#148;) in connection with the development of the Windsor Property. The loan has a term of twenty years and bears an annual interest rate of 1.00%. As long as no defaults have occurred under the loan, no payments of principal or interest are due for the initial ten years of the loan. For the second ten years of the DECD Loan term, ILIAC is obligated to make monthly payments of principal and interest.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>45</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The DECD Loan provides for loan forgiveness at varying amounts up to $4.0 if ILIAC and its affiliates meet certain employment thresholds at the Windsor Property during the term of the loan. ILIAC&#146;s obligations under the DECD Loan are secured by an unlimited recourse guaranty from its affiliate, ING North America Insurance Corporation. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Capital Contributions and Dividends</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>During 2006, Lion contributed to ILIAC DSI, which had $50.5 in equity on the date of contribution and was accounted for in a manner similar to a pooling-of-interests.  During 2007, 2006, and 2005, ILIAC did not receive any cash capital contributions from its parent.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>During 2007, 2006, and 2005, ILIAC paid $145.0, $256.0, and $20.5, respectively, in dividends on its common stock to its parent.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Separate Accounts </font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Separate account assets and liabilities generally represent funds maintained to meet specific investment objectives of contractowners who bear the investment risk, subject, in limited cases, to certain minimum guarantees.  Investment income and investment gains and losses generally accrue directly to such contractowners.  The assets of each account are legally segregated and are not subject to claims that arise out of any other business of the Company or its affiliates.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Separate account assets supporting variable options under variable annuity contracts are invested, as designated by the contractowner or participant (who bears the investment risk subject, in limited cases, to certain minimum guaranteed rates) under a contract, in shares of mutual funds that are managed by affiliates of the Company, or in other selected mutual funds not managed by affiliates of the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Variable annuity deposits are allocated to various subaccounts established within the separate account.  Each subaccount represents a different investment option into which the contractowner may allocate deposits.  The account value of a variable annuity contract is equal to the aggregate value of the subaccounts selected by the contractowner (including the value allocated to any fixed account), less fees and expenses.  The Company offers investment options for its variable annuity contracts covering a wide range of investment styles, including large, mid, and small cap equity funds, as well as fixed income alternatives.  Therefore, unlike fixed annuities, under variable annuity contracts, contractowners bear the risk of investment gains and losses associated with the selected investment allocation.  The Company, however, offers certain guaranteed benefits (described below) under
which it bears specific risks associated with these benefits.  Many of the variable annuities issued by the Company are combination contracts offering both variable and fixed deferred annuity options under which some or all of the deposits may be allocated by the contractowner to a fixed account available under the contract.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>46</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s major source of income from variable annuities is the base contract mortality fees, expense fees, and guaranteed death benefit rider fees charged to the contractowner, less the cost of administering the product, as well as the cost of providing for the guaranteed death benefits.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Minimum Guarantees</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Variable annuity contracts containing minimum guarantees expose the Company to additional risks.  For guaranteed minimum death benefits, a decrease in the equity markets may cause a decrease in the account values, thereby increasing the possibility that the Company may be required to pay amounts to contractowners due to guaranteed death benefits.  An increase in the value of the equity markets may increase account values for these contracts, thereby decreasing the Company&#146;s risk associated with guaranteed death benefits.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s variable annuities offer one or more of the following guaranteed minimum benefits:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Guaranteed Minimum Death Benefits </font></i><font size=2>(&#147;GMDBs&#148;):</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Standard - Guarantees that, upon death, the death benefit will be no less than the premiums paid by the contractowner, adjusted for any contract withdrawals.</font></p> </td> </tr></table>
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    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Annual Ratchet - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Standard or (2) the maximum contract anniversary value of the variable annuity.</font></p> </td> </tr></table>
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        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Five Year Ratchet - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Standard or (2) the maximum contract quinquennial anniversary value of the variable annuity.</font></p> </td> </tr></table>
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    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Combination Annual Ratchet and 5% RollUp - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Annual Ratchet or (2) aggregate premiums paid by the contractowner accruing interest at 5% per annum.</font></p> </td> </tr></table>
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        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Combination Seven-Year Ratchet and 4% RollUp - Guarantees that, upon death, the death benefit will be no less than the greater of (1)&nbsp;a seven year ratchet or (2) aggregate premiums paid by the contractowner accruing interest at 4% per annum.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Products offering Annual Ratchet, Five Year Ratchet, Combination Ratchet and 5% RollUp, and Combination Seven-Year Ratchet and 4% RollUp, guarantees are no longer being sold by the Company.  Most contracts with GMDBs are reinsured to third party reinsurers to mitigate the risk produced by such guaranteed death benefits.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Other Minimum Guarantees</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Other variable annuity contracts contain minimum interest rate guarantees and allow the contractholder to select either the market value of the account or the book value of the account at termination.  The book value of the account is equal to deposits plus interest, less any withdrawals.  These guarantees are accounted for as derivatives under FAS No. 133, "Accounting for Derivative Instruments and Hedging Activities" ("FAS No. 133").  At December 31, 2007, the fair value of the guaranteed benefits was $78.1.  The guaranteed benefits had no fair value at December 31, 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>47</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Reinsurance</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company utilizes indemnity reinsurance agreements to reduce its exposure to large losses from GMDBs in its annuity insurance business.  Reinsurance permits recovery of a portion of losses from reinsurers, although it does not discharge the Company&#146;s primary liability as direct insurer of the risks.  The Company evaluates the financial strength of potential reinsurers and continually monitors the financial strength and credit ratings of its reinsurers.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Off-Balance Sheet Arrangements and Aggregate Contractual Obligations</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Through the normal course of investment operations, the Company commits to either purchase or sell securities, commercial mortgage loans, or money market instruments, at a specified future date and at a specified price or yield.  The inability of counterparties to honor these commitments may result in either a higher or lower replacement cost.  Also, there is likely to be a change in the value of the securities underlying the commitments.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>At December&nbsp;31, 2007, the Company had off-balance sheet commitments to purchase investments equal to their fair value of $357.8, $226.6 of which was with related parties.  At December&nbsp;31, 2006, the Company had off-balance sheet commitments to purchase investments equal to their fair value of $706.8, $322.3 of which was with related parties.  During 2007 and 2006, $87.3 and $79.4, respectively, was funded to related parties under these commitments.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company has entered into various credit default swaps to assume credit exposure to certain assets that the Company does not own.  Credit default swaps involve a transfer of credit risk from one party to another in exchange for periodic payments.  In the event of a default on the underlying credit exposure, the Company will either receive an additional payment (purchased credit protection) or will be required to make an additional payment (sold credit protection) equal to the notional value of the swap contract.  At December&nbsp;31, 2007, the fair value of credit default swaps of $7.9 and $16.8 was included in Other investments and Other liabilities, respectively, on the Balance Sheets.  As of December 2007, the maximum potential future exposure to the Company on the sale of credit protection under credit default swaps was $136.2.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company owns a 3-year credit-linked note arrangement, whereby the Company agrees to reimburse the guaranteed party upon payment default of the referenced obligation. Upon such default, the Company reimburses the guaranteed party for the loss under the reference obligation, and the Company receives that reference obligation in settlement.  The Company can then seek recovery of any losses under the agreement by sale or collection of the received reference obligation. As of December&nbsp;31, 2007, the maximum potential future exposure to the Company under the guarantee was $30.0.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>48</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<font size=2>As of December&nbsp;31, 2007, the Company had certain contractual obligations due over a period of time as summarized in the following table.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="567" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="139" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="13" valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Payments</font></b><font size=2>&nbsp;</font><b><font size=2>Due</font></b><font size=2>&nbsp;</font><b><font size=2>by</font></b><font size=2>&nbsp;</font><b><font size=2>Period</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="139" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Less</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>More</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Contractual</font></b><font size=2>&nbsp;</font><b><font size=2>Obligations</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>1</font></b><font size=2>&nbsp;</font><b><font size=2>Year</font></b></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>1-3</font></b><font size=2>&nbsp;</font><b><font size=2>Years</font></b></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>3-5</font></b><font size=2>&nbsp;</font><b><font size=2>Years</font></b></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>5</font></b><font size=2>&nbsp;</font><b><font size=2>Years</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Operating&nbsp;lease&nbsp;obligations</font><font size=1><sup>(1)</sup></font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="69" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13.5&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.6&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.9&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.5&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="67" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Purchase&nbsp;obligations</font><font size=1><sup>(2)</sup></font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>357.8&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>357.8&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Reserves&nbsp;for&nbsp;insurance</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="139" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>obligations</font><font size=1><sup>(3)</sup></font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:9.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>60,301.9&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:9.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9,128.7&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:4.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,813.3&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:4.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,110.8&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,249.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Construction&nbsp;agreement</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="139" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>obligations</font><font size=1><sup>(4)</sup></font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.8&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.8&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Pension&nbsp;obligations</font><font size=1><sup>(5)</sup></font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>97.4&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.9&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>23.9&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:20.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.2&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="69" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:9.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>60,777.4&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="62" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:9.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9,512.8&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:4.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,843.1&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:4.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,134.5&nbsp;</font></p> </td>
        <td width="7" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="67" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,287.0&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Operating lease obligations relate to the rental of office space under various noncancelable operating lease agreements, the longest term of which expires in April of 2014.</font></p> </td> </tr></table>
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    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Purchase obligations consist primarily of outstanding commitments under limited partnerships that may occur any time within the terms of the partnership.  The exact timing, however, of funding these commitments cannot be estimated.  Therefore, the total amount of the commitments is included in the category &#147;Less than 1 Year.&#148;</font></p> </td> </tr></table>
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<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Reserves for insurance obligations consist of amounts required to meet the Company&#146;s future obligations under its variable annuity, fixed annuity, and other investment and retirement products.</font></p> </td> </tr></table>
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        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(4)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Construction agreement obligations relate to the construction and development of the Windsor Property under various agreements, which was substantially complete by October 1, 2007, with final payments to be made in the second quarter of 2008.</font></p> </td> </tr></table>
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        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Pension obligations consist of actuarially-determined pension obligations, contribution matching obligations, and other supplemental retirement and insurance obligations, under various benefit plans.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Repurchase Agreements</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company engages in dollar repurchase agreements (&#147;dollar rolls&#148;) and repurchase agreements to increase its return on investments and improve liquidity.  These transactions involve a sale of securities and an agreement to repurchase substantially the same securities as those sold.  Company policies require a minimum of 95% of the fair value of securities pledged under dollar rolls and repurchase agreement transactions to be maintained as collateral.  Cash collateral received is invested in fixed maturities, and the offsetting collateral liability is included in Borrowed money on the Consolidated Balance Sheets.  At December&nbsp;31, 2007 and 2006, the carrying value of the securities pledged in dollar rolls and repurchase agreement transactions was $757.6 and $832.4, respectively.  The carrying value of the securities pledged in dollar rolls and repurchase agreement
transactions is included in Securities pledged on the Consolidated Balance Sheets.  The repurchase obligation related to dollar rolls and repurchase agreements totaled $734.8 and $833.2 at December&nbsp;31, 2007 and 2006, respectively.  The repurchase obligation related to </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>49</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>dollar rolls and repurchase agreements is included in Borrowed money on the Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company also enters into reverse purchase agreements.  These transactions involve a purchase of securities and an agreement to sell substantially the same securities as those purchased.  Company policies require a minimum of 102% of the fair value of securities pledged under reverse repurchase agreements to be pledged as collateral.  At December 31, 2007 and 2006, the Company did not have reverse repurchase agreements.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The primary risk associated with short-term collateralized borrowings is that the counterparty will be unable to perform under the terms of the contract.  The Company&#146;s exposure is limited to the excess of the net replacement cost of the securities over the value of the short-term investments, an amount that was immaterial at December&nbsp;31, 2007.  The Company believes the counterparties to the dollar roll, repurchase, and reverse repurchase agreements are financially responsible and that the counterparty risk is minimal.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Securities Lending</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company engages in securities lending whereby certain securities from its portfolio are loaned to other institutions for short periods of time.  Initial collateral, primarily cash, is required at a rate of 102% of the market value of the loaned domestic securities.  The collateral is deposited by the borrower with a lending agent, and retained and invested by the lending agent according to the Company&#146;s guidelines to generate additional income.  The market value of the loaned securities is monitored on a daily basis with additional collateral obtained or refunded as the market value of the loaned securities fluctuates.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Derivatives</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s use of derivatives is limited mainly to hedging purposes to reduce the Company&#146;s exposure to cash flow variability of assets and liabilities, interest rate risk, credit risk, and market risk.  Generally, derivatives are not accounted for using hedge accounting treatment under FAS No. 133, as the Company has not historically sought hedge accounting treatment.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company enters into interest rate, equity market, credit default, and currency contracts, including swaps, caps, floors, and options, to reduce and manage risks associated with changes in value, yield, price, cash flow, or exchange rates of assets or liabilities held or intended to be held, or to assume or reduce credit exposure associated with a referenced asset, index, or pool.  The Company also utilizes options and futures on equity indices to reduce and manage risks associated with its annuity products.  Open derivative contracts are reported as either Other investments or Other liabilities, as appropriate, on the Consolidated Balance Sheets.  Changes in the fair value of such derivatives are recorded in Net realized capital gains (losses) in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>50</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company also had investments in certain fixed maturity instruments, and has issued certain retail annuity products, that contain embedded derivatives whose market value is at least partially determined by, among other things, levels of or changes in domestic and/or foreign interest rates (short- or long-term), exchange rates, prepayment rates, equity markets, or credit ratings/spreads.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Embedded derivatives within fixed maturity instruments are included in Fixed maturities, available-for-sale, on the Consolidated Balance Sheets, and changes in fair value are recorded in Net realized capital gains (losses) in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Embedded derivatives within retail annuity products are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets, and changes in the fair value are recorded in Interest credited and benefits to contractowners in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Risk-Based Capital</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The National Association of Insurance Commissioners (&#147;NAIC&#148;) risk-based capital requirements require insurance companies to calculate and report information under a risk-based capital formula. These requirements are intended to allow insurance regulators to monitor the capitalization of insurance companies based upon the type and mixture of risks inherent in a company&#146;s operations. The formula includes components for asset risk, liability risk, interest rate exposure, and other factors. ILIAC has complied with the NAIC&#146;s risk-based capital reporting requirements. Amounts reported indicate that, as of December&nbsp;31, 2007, ILIAC has total adjusted capital above all required capital levels.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Income Taxes</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On September 25, 2007, the Internal Revenue Service (&#147;IRS&#148;) issued Revenue Ruling 2007-61, which announced its intention to issue regulations with respect to certain computational aspects of the dividend received deduction (&#147;DRD&#148;) on separate account assets held in connection with variable annuity and life insurance contracts. Revenue Ruling 2007-61 suspended Revenue Ruling 2007-54 issued in August 2007 that purported to change accepted industry and IRS interpretations of the statutes governing these computational questions. Any regulations that the IRS ultimately proposes for issuance in this area will be subject to public notice and comment, at which time insurance companies and other members of the public will have the opportunity to raise legal and practical questions about the content, scope and application of such regulations. As a result, the ultimate timing,
substance, and effective date of any such regulations are unknown, but they could result in the elimination of some or all of the separate account DRD tax benefit that the Company receives.  Management believes that such regulations would apply prospectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Income tax obligations include the allowance on uncertain tax benefits related to IRS tax audits and state tax exams that have not been completed.  The current liability of $42.2 may be paid in less than one year, upon completion of such audits and exams.  The timing of the payment of the remaining allowance of $18.6 cannot be reliably estimated.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>51</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><b><font size=2>Recently Adopted Accounting Standards</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>(See the Organization and Significant Accounting Policies footnote to the consolidated financial statements for further information.)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Accounting for Uncertainty in Income Taxes</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In June 2006, the Financial Accounting Standards Board (&#147;FASB&#148;) issued FASB Interpretation No. 48, &#147;Accounting for Uncertainty in Income Taxes&#148; (&#147;FIN 48&#148;), which creates a single model to address the accounting for the uncertainty in income tax positions recognized in a company&#146;s financial statements.  FIN 48 prescribes a recognition threshold and measurement criteria that must be satisfied to recognize a financial statement benefit of tax positions taken, or expected to be taken, on an income tax return.  Additionally, FIN 48 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>FIN 48 was adopted by the Company on January 1, 2007.  As a result of implementing FIN 48, the Company recognized a cumulative effect of change in accounting principle of $2.9 as a reduction to January 1, 2007 Retained earnings (deficit).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In September 2005, the American Institute of Certified Public Accountants ("AICPA") issued Statement of Position 05-1, &#147;Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts&#148;, which states that when an internal replacement transaction results in a substantially changed contract, the unamortized deferred acquisition costs, unearned revenue liabilities, and deferred sales inducement assets, related to the replaced contract should not be deferred in connection with the new contract.  Contract modifications that meet various conditions defined by SOP 05-1 and result in a new contract that is substantially unchanged from the replaced contract, however, should be accounted for as a continuation of the replaced contract.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>SOP 05-1 defines an internal replacement as a modification in product benefits, features, rights, or coverage that occurs by the exchange of a contract for a new contract, by amendment, endorsement, or rider, to a contract, or by the election of a feature or coverage within a contract.  SOP 05-1 applies to internal replacements made primarily to contracts defined by FAS No. 60, &#147;Accounting and Reporting by Insurance Enterprises&#148; (&#147;FAS No. 60&#148;), as short-duration and long-duration insurance contracts, and by FAS No. 97, &#147;Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments&#148;, as investment contracts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>52</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>SOP 05-1 was adopted by the Company on January 1, 2007, and is effective for internal replacements occurring on or after that date.  As a result of implementing SOP 05-1, the Company recognized a cumulative effect of change in accounting principle of $43.4, before tax, or $28.2, net of $15.2 of income taxes, as a reduction to January 1, 2007 Retained earnings (deficit).  In addition, the Company revised its accounting policy on the amortization of DAC and VOBA to include internal replacements.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In September 2006, the FASB issued FAS No. 158, &#147;Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans - An Amendment of FASB Statements No. 87, 88, 106, and 132R&#148; (&#147;FAS No. 158&#148;). FAS No. 158 requires an employer to:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Recognize in the statement of financial position, an asset for a plan&#146;s overfunded status or a liability for a plan&#146;s underfunded status; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Measure a plan&#146;s assets and obligations that determine its funded status as of the end of the fiscal year; and </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Recognize changes in the funded status of a defined benefit postretirement plan in the year in which the changes occur, reporting such changes in comprehensive income.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On December 31, 2006, the Company adopted the recognition and disclosure provisions of FAS No. 158.  The effect of adopting FAS No. 158 on the Company&#146;s financial condition at December 31, 2006 is included in the accompanying consolidated financial statements.  FAS No. 158 did not have a significant effect on the Company&#146;s financial condition at December 31, 2006.  The provisions regarding the change in the measurement date of postretirement benefit plans were not applicable, as the Company already used a measurement date of December 31 for its pension plans.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The incremental effects of adopting the provisions of FAS No. 158 on the Company&#146;s Consolidated Balance Sheets at December 31, 2006 was $(0.5).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><b><font size=2>New Accounting Pronouncements</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Business Combinations</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In December 2007, the FASB issued FAS No. 141 (revised 2007), &#147;Business Combinations&#148; (&#147;FAS No. 141R&#148;), which replaces FAS No. 141, &#147;Business Combinations,&#148; as issued in 2001.  FAS No. 141R requires most identifiable assets, liabilities, noncontrolling interest, and goodwill acquired in a business combination to be recorded at full fair value as of the acquisition date, even for acquisitions achieved in stages.  In addition, the statement requires:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Acquisition-related costs to be recognized separately and generally expensed;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Non-obligatory restructuring costs to be recognized separately when the liability is incurred;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Contractual contingencies acquired to be recorded at acquisition-date fair values;</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>53</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>A bargain purchase, which occurs when the fair value of net assets acquired exceeds the consideration transferred plus any non-controlling interest in the acquiree, to be recognized as a gain; and</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The nature and financial effects of the business combination to be disclosed.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>FAS No. 141R also amends or eliminates various other authoritative literature.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The provisions of FAS No. 141R are effective for fiscal years beginning on or after December 15, 2008 for all business combinations occurring on or after that date.  As such, this standard will impact any Company acquisitions that occur on or after January 1, 2009.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>The Fair Value Option for Financial Assets and Financial Liabilities</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In February 2007, the FASB issued FAS No. 159, &#147;The Fair Value Option for Financial Assets and Financial Liabilities&#148; (&#147;FAS No. 159&#148;), which allows a company to make an irrevocable election, on specific election dates, to measure eligible items at fair value.  The election to measure an item at fair value may be determined on an instrument by instrument basis, with certain exceptions.  If the fair value option is elected, unrealized gains and losses will be recognized in earnings at each subsequent reporting date, and any upfront costs and fees related to the item will be recognized in earnings as incurred.  Items eligible for the fair value option include:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Certain recognized financial assets and liabilities;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Rights and obligations under certain insurance contracts that are not financial instruments;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Host financial instruments resulting from the separation of an embedded nonfinancial derivative instrument from a nonfinancial hybrid instrument; and </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Certain commitments.   </font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>FAS No. 159 is effective for fiscal years beginning after November&nbsp;15, 2007.  As of the effective date, the fair value option may be elected for eligible items that exist on that date.  The effect of the first remeasurement to fair value shall be reported as a cumulative effect adjustment to the opening balance of Retained earnings (deficit).  The Company will not be electing the fair value option for any eligible assets or liabilities in existence on January 1, 2008.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Fair Value Measurements</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In September 2006, the FASB issued FAS No. 157, &#147;Fair Value Measurements&#148; (&#147;FAS No. 157&#148;).  FAS No. 157 provides guidance for using fair value to measure assets and liabilities whenever other standards require (or permit) assets or liabilities to be measured at fair value.  FAS No. 157 does not expand the use of fair value to any new circumstances.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>54</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Under FAS No. 157, the FASB clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability. In support of this principle, FAS No. 157 establishes a fair value hierarchy that prioritizes the information used to develop such assumptions. The fair value hierarchy gives the highest priority to quoted prices in active markets and the lowest priority to unobservable data.  FAS No. 157 also requires separate disclosure of fair value measurements by level within the hierarchy and expanded disclosure of the effect on earnings for items measured using unobservable data.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The provisions of FAS No. 157 are effective for financial statements issued for fiscal years beginning after November 15, 2007.  The Company is in the process of determining the impact of adoption of FAS No. 157.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><b><font size=2>Legislative Initiatives</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Legislative proposals, which have been or are being considered by Congress, include repealing/modifying the estate tax, reducing the taxation on annuity benefits, changing the tax treatment of insurance products relative to other financial products, and changing life insurance company taxation.  Some of these proposals, if enacted, could have a material adverse effect on life insurance, annuity, and other retirement savings product sales, while others could have a material beneficial effect.  There are no indications at the present time, however, that Congress will enact tax changes that will adversely effect the Company&#146;s products in 2008.  Legislation has also been introduced in the House of Representatives to increase disclosure of 401(k) and other defined contribution plan fees charged by plan investment and service providers.  In addition, the Department of Labor and the SEC
have several regulatory initiatives underway to improve fee disclosures in defined contribution plans and mutual funds.  Legislative or regulatory action to change fee disclosure requirements could adversely impact the market for certain of the Company&#146;s defined contribution retirement services products, but the timing and content of such changes are uncertain at this time.  The IRS and the Treasury have published final regulations, effective in 2009, that update and consolidate the rules applicable to 403(b) tax deferred annuity arrangements.  The final regulations impose broad written plan document and operational compliance requirements on all 403(b) programs and contain new restrictions on annuity exchanges.  The final regulations have the potential to change the marketplace for 403(b) service providers in a fundamental way and could have a material beneficial effect on providers that position themselves to assist 403(b) sponsors with plan document and operational compliance
or otherwise assist with streamlining overall plan administration.  For a description of Revenue Ruling 2007-61 issued by the IRS in September of 2007, see the &#147;Liquidity and Capital Resources, Income Taxes&#148; section of &#147;Management&#146;s Narrative Analysis of the Results of Operations and Financial Condition&#148; above.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>55</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><b><font size=2>Other Regulatory Matters</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Regulatory Matters</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>As with many financial services companies, the Company and its affiliates have received informal and formal requests for information from various state and federal governmental agencies and self-regulatory organizations in connection with inquiries and investigations of the products and practices of the financial services industry.  In each case, the Company and its affiliates have been and are providing full cooperation.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Insurance and Retirement Plan Products and Other Regulatory Matters</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Federal and state regulators, and self-regulatory agencies, are conducting broad inquiries and investigations involving the insurance and retirement industries.  These initiatives currently focus on, among other things, compensation, revenue sharing, and other sales incentives; potential conflicts of interest; potential anti-competitive activity; reinsurance; sales and marketing practices (including sales to seniors); specific product types (including group annuities and indexed annuities); and disclosure.  It is likely that the scope of these industry investigations will further broaden before they conclude.  The Company and certain of its U.S. affiliates have received formal and informal requests in connection with such investigations, and are cooperating fully with each request for information.  Some of these matters could result in regulatory action involving the Company.  These
initiatives also may result in new legislation and regulation that could significantly affect the financial services industry, including businesses in which the Company is engaged.  In light of these and other developments, U.S. affiliates of ING, including the Company, periodically review whether modifications to their business practices are appropriate.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Investment Product Regulatory Issues</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Since 2002, there has been increased governmental and regulatory activity relating to mutual funds and variable insurance products.  This activity has primarily focused on inappropriate trading of fund shares; directed brokerage; compensation; sales practices, suitability, and supervision; arrangements with service providers; pricing; compliance and controls; adequacy of disclosure; and document retention.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In addition to responding to governmental and regulatory requests on fund trading issues, ING management, on its own initiative, conducted, through special counsel and a national accounting firm, an extensive internal review of mutual fund trading in ING insurance, retirement, and mutual fund products. The goal of this review was to identify any instances of inappropriate trading in those products by third parties or by ING investment professionals and other ING personnel.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>56</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The internal review identified several isolated arrangements allowing third parties to engage in frequent trading of mutual funds within the variable insurance and mutual fund products of certain affiliates of the Company, and identified other circumstances where frequent trading occurred despite measures taken by ING intended to combat market timing. Each of the arrangements has been terminated and disclosed to regulators, to the independent trustees of ING Funds (U.S.) and in Company reports previously filed with the Securities and Exchange Commission (&#147;SEC&#148;) pursuant to the Securities Exchange Act of 1934, as amended.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Action may be taken with respect to certain ING affiliates before investigations relating to fund trading are completed.  The potential outcome of such action is difficult to predict but could subject certain affiliates to adverse consequences, including, but not limited to, settlement payments, penalties, and other financial liability.  It is not currently anticipated, however, that the actual outcome of any such action will have a material adverse effect on ING or ING&#146;s U.S.-based operations, including the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>ING has agreed to indemnify and hold harmless the ING Funds from all damages resulting from wrongful conduct by ING or its employees or from ING&#146;s internal investigation, any investigations conducted by any governmental or self-regulatory agencies, litigation or other formal proceedings, including any proceedings by the SEC.  Management reported to the ING Funds Board that ING management believes that the total amount of any indemnification obligations will not be material to ING or ING&#146;s U.S.-based operations, including the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>For further discussion of the risks to the Company as a result of recent regulatory inquiries and possible changes in U.S. regulation, see Part I, Item 1A. Risk Factors.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>57</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<a name="item7a"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 7A.</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="quantitativeandqualitative"></a>Quantitative and Qualitative Disclosure About Market Risk</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>(Dollar amounts in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Asset/liability management is integrated into many aspects of the Company&#146;s operations, including investment strategy, product development, and determination of crediting rates. As part of the risk management process, different economic scenarios are modeled, including cash flow testing required for insurance regulatory purposes, to determine that existing assets are adequate to meet projected liability cash flows.  Key variables in the modeling process include interest rates, anticipated contractowner behavior, and variable separate account performance.  Contractowners bear the investment risk related to variable annuity products, subject to the minimum guaranteed death benefits included in these contracts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The fixed account liabilities are supported by a general account portfolio principally composed of fixed income investments that can generate predictable, steady rates of return. The duration and convexity profile of the portfolio is managed relative to the liabilities.  The assets are classified as available-for-sale, which enables the Company to respond to changes in market interest rates, prepayment risk, relative values of asset sectors and individual securities and loans, credit quality outlook, and other relevant factors. The objective of portfolio management is to maximize returns, taking into account interest rate and credit risk, as well as other risks. The Company&#146;s asset/liability management discipline includes strategies to minimize exposure to loss as interest rates and economic and market conditions change.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>On the basis of these analyses, management believes there is currently no material solvency risk to the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Interest Rate Risk</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company defines interest rate risk as the risk of an economic loss due to adverse changes in interest rates. This risk arises from the Company&#146;s primary activity of investing fixed annuity premiums received in interest-sensitive assets and carrying these funds as interest-sensitive liabilities. The Company manages the interest rate risk in its general account investments relative to the interest rate risk in its liabilities. The current product portfolio also includes products where interest rate risks are entirely or partially passed on to the contractowner, thereby reducing the Company&#146;s exposure to interest rate movements. Changes in interest rates can impact present and future earnings, the levels of new sales, surrenders, or withdrawals.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The following schedule demonstrates the potential changes in the 2007 earnings from an instantaneous parallel increase/decrease in interest rates of 1% on December&nbsp;31, 2007.  These changes to income could relate to future investment income, interest paid to contractowners, market-value adjustments, amortization of DAC and VOBA, sales levels, or any other net income item that would be affected by interest rate changes.  The effect of interest rate changes is different by product.  A significant portion of the Company&#146;s contracts are close to the minimum contractual guaranteed credited rates.  In a down interest rate environment, the Company&#146;s ability to reduce credited rates is limited, which will cause margin compression and accelerate the amortization of DAC and VOBA.  In addition, the Company has estimated the impact to December&nbsp;31, 2007 Shareholder&#146;s equity
from the same instantaneous change in interest rates.  The effect on Shareholder&#146;s equity includes the impact of interest rate </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>58</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>fluctuations on income, unrealized capital gains (losses) on available-for-sale securities, and DAC and VOBA adjustments for unrealized capital gains (losses) on available-for-sale securities.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Interest rate sensitivity and effect on Net income and Shareholder&#146;s equity:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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    <tr style='height:12.95pt'>
        <td width="313" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Effect</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="313" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Shareholder's</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="313" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Effect</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b><font size=2>&nbsp;</font><b><font size=2>Net</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Equity</font></b><font size=2>&nbsp;</font><b><font size=2>as</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="313" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Income</font></b><font size=2>&nbsp;</font><b><font size=2>for</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="313" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="313" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Increase&nbsp;of&nbsp;1%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="313" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Decrease&nbsp;of&nbsp;1%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(7.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(7.0)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The above analysis includes the following changes in DAC and VOBA related to an instantaneous, parallel increase/decrease in interest rates.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Interest rate sensitivity and effect on DAC and VOBA:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="556" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="99" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Effect</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="102" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Effect</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortization</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>DAC</font></B><font size=2>&nbsp;</font><b><font size=2>and</font></b><font size=2>&nbsp;</font><B><font SIZE=2>VOBA</font></B></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>DAC</font></B><font size=2>&nbsp;</font><b><font size=2>and</font></b><font size=2>&nbsp;</font><B><font SIZE=2>VOBA</font></B></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Assets</font></b><font size=2>&nbsp;</font><b><font size=2>as</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>for</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Increase&nbsp;of&nbsp;1%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="103" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:60.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="103" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:60.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Decrease&nbsp;of&nbsp;1%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:60.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(17.4)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Equity Market Risk</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company&#146;s operations are significantly influenced by changes in the equity markets. The Company&#146;s profitability depends largely on the amount of assets under management (&#147;AUM&#148;), which is primarily driven by the level of sales, equity market appreciation and depreciation, and the persistency of the in force block of business.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Prolonged and precipitous declines in the equity markets can have a significant impact on the Company&#146;s operations. As a result, sales of variable products may decline and surrender activity may increase, as contractowner sentiment towards the equity market turns negative. Lower AUM will have a negative impact on the Company&#146;s financial results, primarily due to lower fee income on variable annuities. Furthermore, the Company may experience a reduction in profit margins if a significant portion of the assets held in the variable annuity separate account move to the general account and the Company is unable to earn an acceptable margin, particularly in light of the low interest rate environment and the presence of contractually guaranteed interest credited rates.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In addition, prolonged declines in the equity market may also decrease the Company&#146;s expectations of future gross profits, which are utilized to determine the amount of DAC and VOBA to be amortized in a given financial statement period. A significant decrease in the Company&#146;s estimated gross profits would require the Company to accelerate the amount of amortization of DAC and VOBA in a given period, potentially causing a material adverse deviation in the period&#146;s Net income. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>59</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The following schedule demonstrates the potential changes in 2007 earnings resulting from an instantaneous increase/decrease in equity markets of 10% on December&nbsp;31, 2007. These changes to income could relate to future fee income, unrealized or realized capital gains (losses), amortization of DAC and VOBA, sales levels, or any other net income item that would be affected by a substantial change to equity markets. In addition, the Company has estimated the impact to Shareholder&#146;s equity as of December&nbsp;31, 2007 from the same instantaneous change in equity markets.  The effect on shareholder&#146;s equity includes the impact of equity market fluctuations on income, unrealized capital gains (losses) on available-for-sale securities, and DAC and VOBA adjustments for unrealized capital gains (losses) on available-for-sale securities.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Equity sensitivity and effect on Net income and Shareholder&#146;s equity:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="558" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="320" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Effect</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="320" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Shareholder's</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="320" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Effect</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b><font size=2>&nbsp;</font><b><font size=2>Net</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Equity</font></b><font size=2>&nbsp;</font><b><font size=2>as</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="320" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Income</font></b><font size=2>&nbsp;</font><b><font size=2>for</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="320" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="320" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Increase&nbsp;of&nbsp;10%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>27.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>27.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="320" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Decrease&nbsp;of&nbsp;10%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(27.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(27.7)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The above analysis includes the following changes in DAC and VOBA related to an instantaneous increase/decrease in equity markets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Equity sensitivity and effect on DAC and VOBA:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="558" style=' margin-left:55.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="102" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Effect</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="102" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Effect</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortization</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>DAC</font></B><font size=2>&nbsp;</font><b><font size=2>and</font></b><font size=2>&nbsp;</font><B><font SIZE=2>VOBA</font></B></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>DAC</font></B><font size=2>&nbsp;</font><b><font size=2>and</font></b><font size=2>&nbsp;</font><B><font SIZE=2>VOBA</font></B></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Assets</font></b><font size=2>&nbsp;</font><b><font size=2>as</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>for</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Increase&nbsp;of&nbsp;10%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="103" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(10.3)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="103" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Decrease&nbsp;of&nbsp;10%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="103" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(48.2)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>60</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<a name="item8"></a>&nbsp;


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="410" style=' border-collapse:collapse'>
    <tr>
        <td width="72" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 8.</font></b></p> </td>
        <td width="338" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="financialstatementandsupplementaldata"></a>Financial Statements and Supplementary Data</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="546" style=' margin-left:59.4pt;border-collapse:collapse'>
    <tr>
        <td  colspan="4" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Index</font></b><font size=2>&nbsp;</font><b><font size=2>to</font></b><font size=2>&nbsp;</font><b><font size=2>Consolidated</font></b><font size=2>&nbsp;</font><b><font size=2>Financial</font></b><font size=2>&nbsp;</font><b><font size=2>Statements</font></b><u></u></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Page</font></b></u><u></u></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td  colspan="3" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Report&nbsp;of&nbsp;Independent&nbsp;Registered&nbsp;Public&nbsp;Accounting&nbsp;Firm</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>62</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td  colspan="3" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Consolidated&nbsp;Financial&nbsp;Statements:</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Consolidated&nbsp;Statements&nbsp;of&nbsp;Operations&nbsp;for&nbsp;the&nbsp;years&nbsp;ended</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>December&nbsp;31,&nbsp;2007,&nbsp;2006,&nbsp;and&nbsp;2005</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>63</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Consolidated&nbsp;Balance&nbsp;Sheets&nbsp;as&nbsp;of</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>December&nbsp;31,&nbsp;2007&nbsp;and&nbsp;2006</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>64</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Consolidated&nbsp;Statements&nbsp;of&nbsp;Changes&nbsp;in&nbsp;Shareholder's&nbsp;Equity&nbsp;</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>for&nbsp;the&nbsp;years&nbsp;ended&nbsp;December&nbsp;31,&nbsp;2007,&nbsp;2006,&nbsp;and&nbsp;2005</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>66</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Consolidated&nbsp;Statements&nbsp;of&nbsp;Cash&nbsp;Flows&nbsp;for&nbsp;the&nbsp;years&nbsp;ended</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>December&nbsp;31,&nbsp;2007,&nbsp;2006,&nbsp;and&nbsp;2005</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>67</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td  colspan="3" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Notes&nbsp;to&nbsp;Consolidated&nbsp;Financial&nbsp;Statements</font><u></u></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>69</font></p> </td> </tr>
    <tr>
        <td width="25" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="431" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="66" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.08in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.08in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=3>Report of Independent Registered Public Accounting Firm</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>The Board of Directors</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>ING Life Insurance and Annuity Company</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>We have audited the accompanying consolidated balance sheets of ING Life Insurance and Annuity Company and subsidiaries as of December&nbsp;31, 2007 and 2006, and the related consolidated statements of operations, changes in shareholder&#146;s equity, and cash flows for each of the three years in the period ended December&nbsp;31, 2007.  These financial statements are the responsibility of the Company&#146;s management.  Our responsibility is to express an opinion on these financial statements based on our audits.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.  We were not engaged to perform an audit of the Company&#146;s internal control over financial reporting.  Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company&#146;s internal control over financial reporting.  Accordingly, we express no such opinion.  An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and
significant estimates made by management, and evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of ING Life Insurance and Annuity Company and subsidiaries as of December&nbsp;31, 2007 and 2006, and the results of their operations and their cash flows for each of the three years in the period ended December&nbsp;31, 2007, in conformity with U.S. generally accepted accounting principles.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>As discussed in Note 14 to the financial statements, the Company restated 2006 and 2005 retained earnings (deficit), asset, and liability amounts presented in their consolidated balance sheets and changes in shareholder&#146;s equity.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:right'><font size=2>/s/&nbsp;&nbsp;Ernst &amp; Young LLP</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Atlanta, Georgia</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>March 25, 2008</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Consolidated Statements of Operations</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(In millions)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="617" style=' border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="229" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Year</font></b><font size=2>&nbsp;</font><b><font size=2>Ended</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="229" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Revenue:</font></b></p> </td>
        <td width="229" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;investment&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,054.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,029.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,037.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fee&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>789.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>714.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>609.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premiums</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Broker-dealer&nbsp;commission&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>429.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>378.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;realized&nbsp;capital&nbsp;gains&nbsp;(losses)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8.2)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>22.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,451.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,229.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,097.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Benefits</font></b><font size=2>&nbsp;</font><b><font size=2>and</font></b><font size=2>&nbsp;</font><b><font size=2>expenses:</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;credited&nbsp;and&nbsp;other&nbsp;benefits&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>to&nbsp;contractowners</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>822.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>783.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>739.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Operating&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>652.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>524.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Broker-dealer&nbsp;commission&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>568.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>429.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>378.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization&nbsp;of&nbsp;deferred&nbsp;policy&nbsp;acquisition&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>cost&nbsp;and&nbsp;value&nbsp;of&nbsp;business&nbsp;acquired</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>129.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>159.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;benefits&nbsp;and&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,177.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,805.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,803.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Income&nbsp;before&nbsp;income&nbsp;taxes&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>274.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>424.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>294.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Income&nbsp;tax&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>122.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>218.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>301.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>272.7&nbsp;</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><i><font size=2>The accompanying notes are an integral part of these consolidated financial statements.
</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>63</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Consolidated Balance Sheets</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(In millions, except share data)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="635" style=' border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="367" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>As</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="367" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>(Restated)</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Assets</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Investments:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale,&nbsp;at&nbsp;fair&nbsp;value&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(amortized&nbsp;cost&nbsp;of&nbsp;$13,374.7&nbsp;at&nbsp;2007&nbsp;and&nbsp;$15,150.1&nbsp;at&nbsp;2006)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,316.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,112.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale,&nbsp;at&nbsp;fair&nbsp;value</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(cost&nbsp;of&nbsp;$440.1&nbsp;at&nbsp;2007&nbsp;and&nbsp;$233.6&nbsp;at&nbsp;2006)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>251.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage&nbsp;loans&nbsp;on&nbsp;real&nbsp;estate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,089.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,879.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Policy&nbsp;loans</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>268.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Limited&nbsp;partnerships/corporations</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>636.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>359.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>202.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>39.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Securities&nbsp;pledged&nbsp;(amortized&nbsp;cost&nbsp;of&nbsp;$940.2&nbsp;at&nbsp;2007&nbsp;and&nbsp;$1,106.2&nbsp;at&nbsp;2006)</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>934.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,099.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,898.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,010.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Cash&nbsp;and&nbsp;cash&nbsp;equivalents</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>252.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>311.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Short-term&nbsp;investments&nbsp;under&nbsp;securities&nbsp;loan&nbsp;agreement</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>183.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>283.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Accrued&nbsp;investment&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>168.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>180.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Receivables&nbsp;for&nbsp;securities&nbsp;sold</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>90.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Reinsurance&nbsp;recoverable</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,594.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,715.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;policy&nbsp;acquisition&nbsp;costs</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>728.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>622.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Value&nbsp;of&nbsp;business&nbsp;acquired</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,253.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,340.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Notes&nbsp;receivable&nbsp;from&nbsp;affiliate</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>175.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>175.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Short-term&nbsp;loan&nbsp;to&nbsp;affiliate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Due&nbsp;from&nbsp;affiliates</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Property&nbsp;and&nbsp;equipment</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>147.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>75.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;assets</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>112.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>73.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Assets&nbsp;held&nbsp;in&nbsp;separate&nbsp;accounts</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>48,091.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43,550.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style=' padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;assets</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>71,621.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>68,482.3&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><i><font size=2>The accompanying notes are an integral part of these consolidated financial statements.
</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>64</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Consolidated Balance Sheets</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(In millions, except share data)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="617" style=' border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="355" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>As</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="355" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="355" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>(Restated)</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Liabilities</font></b><font size=2>&nbsp;</font><b><font size=2>and</font></b><font size=2>&nbsp;</font><b><font size=2>Shareholder's</font></b><font size=2>&nbsp;</font><b><font size=2>Equity</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Future&nbsp;policy&nbsp;benefits&nbsp;and&nbsp;claims&nbsp;reserves</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>18,569.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,984.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Payables&nbsp;for&nbsp;securities&nbsp;purchased</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>42.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Payables&nbsp;under&nbsp;securities&nbsp;loan&nbsp;agreement</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>165.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>283.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Notes&nbsp;payable</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Borrowed&nbsp;money</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>738.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>833.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Due&nbsp;to&nbsp;affiliates</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>130.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>82.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Current&nbsp;income&nbsp;taxes</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>59.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;income&nbsp;taxes</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>275.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>261.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;liabilities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>542.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>371.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Liabilities&nbsp;related&nbsp;to&nbsp;separate&nbsp;accounts</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>48,091.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43,550.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;liabilities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>68,580.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>65,468.6&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="355" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Shareholder's&nbsp;equity</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Common&nbsp;stock&nbsp;(100,000&nbsp;shares&nbsp;authorized;&nbsp;55,000&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:.75pt;text-indent:-.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>issued&nbsp;and&nbsp;outstanding;&nbsp;$50&nbsp;per&nbsp;share&nbsp;value)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Additional&nbsp;paid-in&nbsp;capital</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,159.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,299.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Accumulated&nbsp;other&nbsp;comprehensive&nbsp;loss</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(33.8)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(14.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Retained&nbsp;earnings&nbsp;(deficit)</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1,087.3)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1,274.6)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;shareholder's&nbsp;equity</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,041.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,013.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding: 1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;liabilities&nbsp;and&nbsp;shareholder's&nbsp;equity</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>71,621.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:1.0pt 1.0pt 0in 1.0pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:1.0pt 1.0pt 0in 1.0pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>68,482.3&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><i><font size=2>The accompanying notes are an integral part of these consolidated financial statements.
</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>65</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Consolidated Statements of Changes in Shareholder's Equity Sheets</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(In millions)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="699" style=' margin-left:0pt;border-collapse:collapse'>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Accumulated</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Retained</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Total</font></b></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Additional</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Other</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Earnings</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Shareholder's</font></b></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Common</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Paid-In</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Comprehensive</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>(Deficit)</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Equity</font></b></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Stock</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>Income</font></b><font size=1>&nbsp;</font><b><font size=1>(Loss)</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>(Restated)</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=1>(Restated)</font></b></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2004</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4,566.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>67.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:12.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(1,877.1)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2,759.6&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Prior&nbsp;period&nbsp;adjustment&nbsp;($43.1&nbsp;pretax)</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>28.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>28.0&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Balance&nbsp;at&nbsp;January&nbsp;1,&nbsp;2005</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4,566.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>67.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:12.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(1,849.1)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2,787.6&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Comprehensive&nbsp;income:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>272.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>272.7&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Other&nbsp;comprehensive&nbsp;loss,&nbsp;net&nbsp;of&nbsp;tax:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Change&nbsp;in&nbsp;net&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>on&nbsp;securities&nbsp;($(108.4)&nbsp;pretax)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(77.5)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(77.5)</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Minimum&nbsp;pension&nbsp;liability&nbsp;($(1.1)&nbsp;pretax)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>5.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 11.1pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>5.1&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Total&nbsp;comprehensive&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>200.3&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Dividends&nbsp;paid</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:18.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(20.5)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(20.5)</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Employee&nbsp;share-based&nbsp;payments</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>3.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>3.3&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2005</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4,549.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(5.3)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:12.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(1,576.4)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2,970.7&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Comprehensive&nbsp;income:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>301.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>301.8&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Other&nbsp;comprehensive&nbsp;loss,&nbsp;net&nbsp;of&nbsp;tax:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Change&nbsp;in&nbsp;net&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>on&nbsp;securities&nbsp;($(23.4)&nbsp;pretax)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(10.7)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(10.7)</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Pension&nbsp;liability&nbsp;and&nbsp;FAS&nbsp;No.&nbsp;158</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>transition&nbsp;adjustment&nbsp;($3.9&nbsp;pretax)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>2.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.5&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>293.6&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Total&nbsp;comprehensive&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Cumulative&nbsp;effect&nbsp;of&nbsp;change&nbsp;in&nbsp;accounting</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>principle&nbsp;($(0.8)&nbsp;pretax)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(0.5)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(0.5)</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Dividends&nbsp;paid</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:14.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(256.0)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:18.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(256.0)</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Employee&nbsp;share-based&nbsp;payments</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>5.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>5.9&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2006</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4,299.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(14.0)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:12.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(1,274.6)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;&nbsp;&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>3,013.7&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Cumulative&nbsp;effect&nbsp;of&nbsp;change&nbsp;in&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>accounting&nbsp;principle&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(31.1)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(31.1)</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Balance&nbsp;at&nbsp;January&nbsp;1,&nbsp;2007</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4,299.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(14.0)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:12.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(1,305.7)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:16.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2,982.6&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Comprehensive&nbsp;income:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>218.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>218.4&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Other&nbsp;comprehensive&nbsp;loss,&nbsp;net&nbsp;of&nbsp;tax:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Change&nbsp;in&nbsp;net&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>on&nbsp;securities&nbsp;($(27.7)&nbsp;pretax),&nbsp;including&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>tax&nbsp;valuation&nbsp;allowance&nbsp;of&nbsp;$(6.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(24.4)</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(24.4)</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Pension&nbsp;liability&nbsp;($7.1&nbsp;pretax)&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4.6&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Total&nbsp;comprehensive&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>198.6&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>Dividends&nbsp;paid</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:14.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(145.0)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:18.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(145.0)</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>Employee&nbsp;share-based&nbsp;payments</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:30.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 11.1pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 11.1pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4.8&nbsp;</font></p> </td> </tr>
    <tr style='height:11.1pt'>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2007</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:24.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>2.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:10.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>4,159.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="78" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:26.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(33.8)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:12.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(1,087.3)</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>$</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:11.1pt'>
            <p style='margin:0in;text-indent:16.5pt;text-align:left;margin-top:5pt;margin-bottom:.0001pt'><font size=1>3,041.0&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><i><font size=2>The accompanying notes are an integral part of these consolidated financial statements.
</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>66</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Consolidated Statements of Cash Flows</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(In millions)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="629" style=' border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="285" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Year</font></b><font size=2>&nbsp;</font><b><font size=2>Ended</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="285" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cash</font></b><font size=2>&nbsp;</font><b><font size=2>Flows</font></b><font size=2>&nbsp;</font><b><font size=2>from</font></b><font size=2>&nbsp;</font><b><font size=2>Operating</font></b><font size=2>&nbsp;</font><b><font size=2>Activities:</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>218.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>301.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>272.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Adjustments&nbsp;to&nbsp;reconcile&nbsp;net&nbsp;income&nbsp;to&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>net&nbsp;cash&nbsp;provided&nbsp;by&nbsp;operating&nbsp;activities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Capitalization&nbsp;of&nbsp;deferred&nbsp;policy&nbsp;acquisition&nbsp;costs,&nbsp;value</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>of&nbsp;business&nbsp;acquired,&nbsp;and&nbsp;sales&nbsp;inducements</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(193.4)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(191.0)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(174.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization&nbsp;of&nbsp;deferred&nbsp;policy&nbsp;acquisition&nbsp;costs,</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>value&nbsp;of&nbsp;business&nbsp;acquired,&nbsp;and&nbsp;sales&nbsp;inducements</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>133.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>165.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;accretion/decretion&nbsp;of&nbsp;discount/premium</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>72.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>83.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>115.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Future&nbsp;policy&nbsp;benefits,&nbsp;claims&nbsp;reserves,&nbsp;and</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>interest&nbsp;credited</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>599.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>662.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>634.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Provision&nbsp;for&nbsp;deferred&nbsp;income&nbsp;taxes</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>30.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>75.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;realized&nbsp;capital&nbsp;losses&nbsp;(gains)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3.0)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(22.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Depreciation</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>18.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>12.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>12.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Change&nbsp;in:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Accrued&nbsp;investment&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>12.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>23.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(21.6)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Reinsurance&nbsp;recoverable</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>121.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>81.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>104.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;receivable&nbsp;and&nbsp;assets&nbsp;accruals</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(37.0)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(20.1)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Due&nbsp;to/from&nbsp;affiliates</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;payables&nbsp;and&nbsp;accruals</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>86.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(49.8)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other,&nbsp;net</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(16.4)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Net&nbsp;cash&nbsp;provided&nbsp;by&nbsp;operating&nbsp;activities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,031.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,165.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,058.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cash</font></b><font size=2>&nbsp;</font><b><font size=2>Flows</font></b><font size=2>&nbsp;</font><b><font size=2>from</font></b><font size=2>&nbsp;</font><b><font size=2>Investing</font></b><font size=2>&nbsp;</font><b><font size=2>Activities:</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Proceeds&nbsp;from&nbsp;the&nbsp;sale,&nbsp;maturity,&nbsp;or&nbsp;redemption&nbsp;of:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10,235.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10,355.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,232.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>113.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>91.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>119.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage&nbsp;loans&nbsp;on&nbsp;real&nbsp;estate&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>205.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>197.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>179.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Acquisition&nbsp;of:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8,425.5)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8,802.1)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(19,435.9)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(243.9)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(149.1)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(120.4)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage&nbsp;loans&nbsp;on&nbsp;real&nbsp;estate</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(415.1)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(680.3)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(484.8)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Policy&nbsp;loans</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(4.5)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(6.5)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Derivatives,&nbsp;net</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>32.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Limited&nbsp;partnerships,&nbsp;net</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(279.5)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(237.6)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(46.3)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(182.1)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(4.0)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1.5)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Purchases&nbsp;of&nbsp;property&nbsp;and&nbsp;equipment,&nbsp;net</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(90.5)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(54.5)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(14.2)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Net&nbsp;cash&nbsp;provided&nbsp;by&nbsp;(used&nbsp;in)&nbsp;investing&nbsp;activities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>945.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>711.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(567.5)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><i><font size=2>The accompanying notes are an integral part of these consolidated financial statements.
</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>67</font></p>
<!-- EEDocs PBStart-->
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<!-- EEDocs PBEnd-->

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Consolidated Statements of Cash Flows</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(In millions)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="629" style=' border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="285" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Year</font></b><font size=2>&nbsp;</font><b><font size=2>Ended</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="285" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cash</font></b><font size=2>&nbsp;</font><b><font size=2>Flows</font></b><font size=2>&nbsp;</font><b><font size=2>from</font></b><font size=2>&nbsp;</font><b><font size=2>Financing</font></b><font size=2>&nbsp;</font><b><font size=2>Activities:</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deposits&nbsp;received&nbsp;for&nbsp;investment&nbsp;contracts</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,600.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,875.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,024.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Maturities&nbsp;and&nbsp;withdrawals&nbsp;from&nbsp;investment&nbsp;contracts</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3,451.2)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3,420.7)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2,237.5)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Short-term&nbsp;loans&nbsp;to&nbsp;affiliates</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>86.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(106.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Short-term&nbsp;borrowings</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(94.8)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(107.9)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(116.3)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Notes&nbsp;payable</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Dividends&nbsp;to&nbsp;Parent</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(145.0)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(256.0)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(20.5)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Net&nbsp;cash&nbsp;used&nbsp;in&nbsp;financing&nbsp;activities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2,036.1)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1,822.9)</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(456.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;(decrease)&nbsp;increase&nbsp;in&nbsp;cash&nbsp;and&nbsp;cash&nbsp;equivalents</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(58.9)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>53.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>35.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Cash&nbsp;and&nbsp;cash&nbsp;equivalents,&nbsp;beginning&nbsp;of&nbsp;year</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>311.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>257.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>222.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Cash&nbsp;and&nbsp;cash&nbsp;equivalents,&nbsp;end&nbsp;of&nbsp;year</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>252.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>311.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>257.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Supplemental&nbsp;cash&nbsp;flow&nbsp;information:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="81" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Income&nbsp;taxes&nbsp;paid,&nbsp;net</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>47.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Interest&nbsp;paid</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>44.6&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>40.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="81" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>32.0&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><i><font size=2>The accompanying notes are an integral part of these consolidated financial statements.
</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center'><font size=2>68</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>



<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>1.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Organization and Significant Accounting Policies</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Basis of Presentation</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ING Life Insurance and Annuity Company (&#147;ILIAC&#148;) is a stock life insurance company domiciled in the state of Connecticut.  ILIAC and its wholly-owned subsidiaries (collectively, the &#147;Company&#148;) are providers of financial products and services in the United States.  ILIAC is authorized to conduct its insurance business in all states and in the District of Columbia.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The consolidated financial statements include ILIAC and its wholly-owned subsidiaries, ING Financial Advisers, LLC (&#147;IFA&#148;) and Directed Services LLC (&#147;DSL&#148;).  ILIAC is a direct, wholly-owned subsidiary of Lion Connecticut Holdings Inc. (&#147;Lion&#148; or &#147;Parent&#148;), which is an indirect, wholly-owned subsidiary of ING Groep N.V. (&#147;ING&#148;).  ING is a global financial services holding company based in The Netherlands, with American Depository Shares listed on the New York Stock Exchange under the symbol &#147;ING.&#148;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>On December 1, 2006, Lion contributed to ILIAC, Directed Services, Inc. (&#147;DSI&#148;), a New York corporation registered as a broker-dealer under the Securities Exchange Act of 1934 and as an investment advisor under the Investment Advisors Act of 1940, whose primary functions were the distribution of variable insurance products and investment advisory services for open-end mutual funds.  Additionally, on December 12, 2006, ILIAC organized DSL as a wholly-owned Delaware limited liability company.  On December 31, 2006, DSI merged with and into DSL and ceased to exist.  Upon merger, the operations and broker-dealer and investment advisor registrations of DSI were consolidated into DSL, the surviving company.  Effective January 1, 2007, ILIAC&#146;s investment advisory agreement with certain variable funds offered in Company products was assigned to DSL.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Statement of Financial Accounting Standards (&#147;FAS&#148;) No. 141, &#147;Business Combinations&#148;, excludes transfers of net assets or exchanges of shares between entities under common control, and notes that certain provisions under Accounting Principles Board (&#147;APB&#148;) Opinion No. 16, &#147;Business Combinations&#148;, provide a source of guidance for such transactions.  In accordance with APB Opinion No. 16, financial information of the combined entity is presented as if the entities had been combined for the full year, and all comparative financial statements are restated and presented as if the entities had previously been combined, in a manner similar to a pooling-of-interests.  The consolidated financial statements give effect to the DSL consolidation transactions as if they had occurred on January&nbsp;1, 2004 and include the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>69</font><font size=2>
</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="574" style=' margin-left:38.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="266" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>594.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>507.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>35.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>28.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Additional&nbsp;paid-in&nbsp;capital:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Dividends&nbsp;paid</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Employee&nbsp;share-based&nbsp;payments</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>On May 11, 2006, ILIAC organized NWL as a wholly-owned subsidiary for the purpose of purchasing, constructing, developing, leasing, and managing a new corporate office facility to be located at One Orange Way, Windsor, Connecticut (the &#147;Windsor Property&#148;).  Effective October 1, 2007, the principal executive office of ILIAC was changed to One Orange Way, Windsor, Connecticut.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>On October 31, 2007, ILIAC&#146;s subsidiary, NWL merged with and into ILIAC.  As of the merger date, NWL ceased to exist, and ILIAC became the surviving corporation.  The merger did not have an impact on ILIAC&#146;s consolidated results of operations and financial position, as NWL was a wholly-owned subsidiary and already included in the consolidated financial statements for all periods presented since its formation.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Description of Business</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company offers qualified and nonqualified annuity contracts that include a variety of funding and payout options for individuals and employer-sponsored retirement plans qualified under Internal Revenue Code Sections 401, 403, 408, and 457, as well as nonqualified deferred compensation plans.  The Company&#146;s products are offered primarily to individuals, pension plans, small businesses, and employer-sponsored groups in the health care, government, and education markets (collectively &#147;not-for-profit&#148; organizations) and corporate markets.  The Company&#146;s products are generally distributed through pension professionals, independent agents and brokers, third party administrators, banks, dedicated career agents, and financial planners.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Products offered by the Company include deferred and immediate (payout annuities) annuity contracts.  Company products also include programs offered to qualified plans and nonqualified deferred compensation plans that package administrative and record-keeping services along with a variety of investment options, including affiliated and nonaffiliated mutual funds and variable and fixed investment options. In addition, the Company offers wrapper agreements entered into with retirement plans, which contain certain benefit responsive guarantees (i.e. liquidity guarantees of principal and previously accrued interest for benefits paid under the terms of the plan) with respect to portfolios of plan-owned assets not invested with the Company. The Company also offers investment advisory services and pension and retirement savings plan administrative services.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company has one operating segment.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>70</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Recently Adopted Accounting Standards</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Accounting for Uncertainty in Income Taxes</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In June 2006, the Financial Accounting Standards Board (&#147;FASB&#148;) issued FASB Interpretation No. 48, &#147;Accounting for Uncertainty in Income Taxes&#148; (&#147;FIN 48&#148;), which creates a single model to address the accounting for the uncertainty in income tax positions recognized in a company&#146;s financial statements.  FIN 48 prescribes a recognition threshold and measurement criteria that must be satisfied to recognize a financial statement benefit of tax positions taken, or expected to be taken, on an income tax return.  Additionally, FIN 48 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>FIN 48 was adopted by the Company on January 1, 2007.  As a result of implementing FIN 48, the Company recognized a cumulative effect of change in accounting principle of $2.9 as a reduction to January 1, 2007 Retained earnings (deficit).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In September 2005, the American Institute of Certified Public Accountants ("AICPA") issued Statement of Position ("SOP") 05-1, &#147;Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts&#148; (&#147;SOP 05-1&#148;), which states that when an internal replacement transaction results in a substantially changed contract, the unamortized deferred acquisition costs, unearned revenue liabilities, and deferred sales inducement assets, related to the replaced contract should not be deferred in connection with the new contract.  Contract modifications that meet various conditions defined by SOP 05-1 and result in a new contract that is substantially unchanged from the replaced contract, however, should be accounted for as a continuation of the replaced contract.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>SOP 05-1 defines an internal replacement as a modification in product benefits, features, rights, or coverage that occurs by the exchange of a contract for a new contract, by amendment, endorsement, or rider, to a contract, or by the election of a feature or coverage within a contract.  SOP 05-1 applies to internal replacements made primarily to contracts defined by FAS No. 60, &#147;Accounting and Reporting by Insurance Enterprises&#148; (&#147;FAS No. 60&#148;), as short-duration and long-duration insurance contracts, and by FAS No. 97, &#147;Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments&#148; (&#147;FAS No. 97&#148;), as investment contracts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>71</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>SOP 05-1 was adopted by the Company on January 1, 2007, and is effective for internal replacements occurring on or after that date.  As a result of implementing SOP 05-1, the Company recognized a cumulative effect of change in accounting principle of $43.4, before tax, or $28.2, net of $15.2 of income taxes, as a reduction to January 1, 2007 Retained earnings (deficit).  In addition, the Company revised its accounting policy on the amortization of deferred policy acquisition costs ("DAC") and value of business acquired ("VOBA") to include internal replacements.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In September 2006, the FASB issued FAS No.&nbsp;158, &#147;Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans - An Amendment of FASB Statements No. 87, 88, 106, and 132R&#148; (&#147;FAS No. 158&#148;). FAS No. 158 requires an employer to:</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Recognize in the statement of financial position, an asset for a plan&#146;s overfunded status or a liability for a plan&#146;s underfunded status; </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Measure a plan&#146;s assets and obligations that determine its funded status as of the end of the fiscal year; and </font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Recognize changes in the funded status of a defined benefit postretirement plan in the year in which the changes occur, reporting such changes in comprehensive income.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>On December 31, 2006, the Company adopted the recognition and disclosure provisions of FAS No. 158.  The effect of adopting FAS No. 158 on the Company&#146;s financial condition at December 31, 2006 is included in the accompanying consolidated financial statements.  FAS No. 158 did not have a significant effect on the Company&#146;s financial condition at December 31, 2006.  The provisions regarding the change in the measurement date of postretirement benefit plans are not applicable, as the Company already uses a measurement date of December 31 for its pension plans.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The incremental effects of adopting the provisions of FAS No. 158 on the Company&#146;s Consolidated Balance Sheets at December 31, 2006 was $(0.5).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Accounting for Certain Hybrid Financial Instruments</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In February 2006, the FASB issued FAS No.&nbsp;155, &#147;Accounting for Certain Hybrid Financial Instruments - an amendment of FASB Statements No. 133 and 140&#148; (&#147;FAS No. 155&#148;), which permits the application of fair value accounting to certain hybrid financial instruments in their entirety if they contain embedded derivatives that would otherwise require bifurcation under FAS No. 133, &#147;Accounting for Derivative Instruments and Hedging Activities&#148; (&#147;FAS No. 133&#148;).  Under this approach, changes in fair value would be recognized currently in earnings.  In addition, FAS No. 155 does the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>72</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.88in; text-indent:-0.38in;text-align:justify;'>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Clarifies which interest-only strips and principal-only strips are not subject to derivative accounting under FAS No. 133;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Requires that interests in securitized financial assets be analyzed to identify interests that are freestanding derivatives or that are hybrid instruments that contain embedded derivatives requiring bifurcation;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Clarifies that concentrations of credit risk in the form of subordination are not embedded derivatives; and</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Allows a qualifying special-purpose entity to hold derivative financial instruments that pertain to beneficial interests, other than another derivative financial instrument.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>FAS No. 155 was adopted by the Company on January 1, 2007, and is effective for all instruments acquired, issued, or subject to a remeasurement event, occurring on or after that date.  The adoption of FAS No. 155 did not have a material effect on the Company&#146;s financial position, results of operations, or cash flows.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>New Accounting Pronouncements</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Business Combinations</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In December 2007, the FASB issued FAS No. 141 (revised 2007), &#147;Business Combinations&#148; (&#147;FAS No. 141R&#148;), which replaces FAS No. 141, &#147;Business Combinations,&#148; as issued in 2001.  FAS No. 141R requires most identifiable assets, liabilities, noncontrolling interest, and goodwill, acquired in a business combination to be recorded at full fair value as of the acquisition date, even for acquisitions achieved in stages.  In addition, the statement requires:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Acquisition-related costs to be recognized separately and generally expensed;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Non-obligatory restructuring costs to be recognized separately when the liability is incurred;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Contractual contingencies acquired to be recorded at acquisition-date fair values;</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>A bargain purchase, which occurs when the fair value of net assets acquired exceeds the consideration transferred plus any non-controlling interest in the acquiree, to be recognized as a gain; and</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The nature and financial effects of the business combination to be disclosed.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>FAS No. 141R also amends or eliminates various other authoritative literature.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The provisions of FAS No. 141R are effective for fiscal years beginning on or after December 15, 2008 for all business combinations occurring on or after that date.  As such, this standard will impact any Company acquisitions that occur on or after January&nbsp;1, 2009.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>73</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>The Fair Value Option for Financial Assets and Financial Liabilities</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In February 2007, the FASB issued FAS No. 159, &#147;The Fair Value Option for Financial Assets and Financial Liabilities&#148; (&#147;FAS No. 159&#148;), which allows a company to make an irrevocable election, on specific election dates, to measure eligible items at fair value.  The election to measure an item at fair value may be determined on an instrument by instrument basis, with certain exceptions.  If the fair value option is elected, unrealized gains and losses will be recognized in earnings at each subsequent reporting date, and any upfront costs and fees related to the item will be recognized in earnings as incurred.  Items eligible for the fair value option include:</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Certain recognized financial assets and liabilities;</font></p> </td> </tr></table>
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        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Rights and obligations under certain insurance contracts that are not financial instruments;</font></p> </td> </tr></table>
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    <tr>
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Host financial instruments resulting from the separation of an embedded nonfinancial derivative instrument from a nonfinancial hybrid instrument; and </font></p> </td> </tr></table>
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    <tr>
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Certain commitments.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>FAS No. 159 is effective for fiscal years beginning after November&nbsp;15, 2007.  As of the effective date, the fair value option may be elected for eligible items that exist on that date.  The effect of the first remeasurement to fair value shall be reported as a cumulative effect adjustment to the opening balance of Retained earnings (deficit).  The Company will not be electing the fair value option for any eligible assets or liabilities in existence on January 1, 2008.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Fair Value Measurements</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In September 2006, the FASB issued FAS No. 157, &#147;Fair Value Measurements&#148; (&#147;FAS No. 157&#148;). FAS No. 157 provides guidance for using fair value to measure assets and liabilities whenever other standards require (or permit) assets or liabilities to be measured at fair value.  FAS No. 157 does not expand the use of fair value in any new circumstances.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Under FAS No. 157, the FASB clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability. In support of this principle, FAS No. 157 establishes a fair value hierarchy that prioritizes the information used to develop such assumptions. The fair value hierarchy gives the highest priority to quoted prices in active markets and the lowest priority to unobservable data.  FAS No. 157 also requires separate disclosure of fair value measurements by level within the hierarchy and expanded disclosure of the effect on earnings for items measured using unobservable data.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The provisions of FAS No. 157 are effective for financial statements issued for fiscal years beginning after November 15, 2007.  The Company is in the process of determining the impact of adoption of FAS No. 157.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>74</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Use of Estimates</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.  Actual results could differ from reported results using those estimates.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Reclassifications</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Certain reclassifications have been made to prior year financial information to conform to the current year classifications.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Cash and Cash Equivalents</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Cash and cash equivalents include cash on hand, money market instruments, and other debt issues with a maturity of 90 days or less when purchased.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Investments</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>All of the Company&#146;s fixed maturities and equity securities are currently designated as available-for-sale.  Available-for-sale securities are reported at fair value and unrealized capital gains (losses) on these securities are recorded directly in Shareholder&#146;s equity, after adjustment for related changes in experience-rated contract allocations, DAC, VOBA, and deferred income taxes.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Other-Than-Temporary Impairments</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company analyzes the general account investments to determine whether there has been an other-than-temporary decline in fair value below the amortized cost basis.  Management considers the length of time and the extent to which fair value has been less than amortized cost, the issuer&#146;s financial condition and near-term prospects, future economic conditions and market forecasts, and the Company&#146;s intent and ability to retain the investment for a period of time sufficient to allow for recovery in fair value.  If it is probable that all amounts due according to the contractual terms of a debt security will not be collected, an other-than-temporary impairment is considered to have occurred.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In addition, the Company invests in structured securities that meet the criteria of the Emerging Issues Task Force (&#147;EITF&#148;) Issue No. 99-20 &#147;Recognition of Interest Income and Impairment on Purchased and Retained Beneficial Interests in Securitized Financial Assets&#148; (&#147;EITF 99-20&#148;).  Under EITF 99-20, a further determination of the required impairment is based on credit risk and the possibility of significant prepayment risk that restricts the Company&#146;s ability to recover the investment.  An impairment is recognized if the fair value of the security is less than amortized cost and there has been adverse change in cash flow since the last remeasurement date.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>75</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>When a decline in fair value is determined to be other-than-temporary, the individual security is written down to fair value, and the loss is accounted for as a change in Net realized capital gains (losses).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Experience-Rated Products</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Included in available-for-sale securities are investments that support experience-rated products.  Experience-rated products are products where the customer, not the Company, assumes investment (including realized capital gains and losses) and other risks, subject to, among other things, minimum principal and interest guarantees.  Unamortized realized capital gains (losses) on the sale of and unrealized capital gains (losses) on investments supporting these products are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets.  Net realized capital gains (losses) on all other investments are reflected in the Consolidated Statements of Operations.  Unrealized capital gains (losses) on all other investments are reflected in Accumulated other comprehensive income (loss) in Shareholder&#146;s equity, net of DAC and VOBA adjustments for unrealized capital gains
(losses), and related income taxes.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Purchases and Sales</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Purchases and sales of fixed maturities and equity securities, excluding private placements, are recorded on the trade date.  Purchases and sales of private placements and mortgage loans are recorded on the closing date.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Valuation</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The fair value for fixed maturities is largely determined by one of two pricing methods: published price quotations or valuation techniques with market inputs.  Security pricing is applied using a hierarchy or &#147;waterfall&#148; approach, whereby prices are first sought from published price quotations, including independent pricing services or broker-dealer quotations.  Published price quotations may be unavailable or deemed unreliable due to a limited market for securities that are rarely traded or are traded only in privately negotiated transactions.  As such, fair values for the remaining securities, consisting primarily of privately placed bonds, are then determined using risk-free interest rates, current corporate spreads, the credit quality of the issuer, and cash flow characteristics of the security.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The fair values for actively traded equity securities are based on quoted market prices. For equity securities not actively traded, estimated fair values are based upon values of issues of comparable yield and quality or conversion value, where applicable.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>76</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Mortgage loans on real estate are reported at amortized cost, less impairment write-downs.  If the value of any mortgage loan is determined to be impaired (i.e., when it is probable the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement), the carrying value of the mortgage loan is reduced to the present value of expected cash flows from the loan, discounted at the loan&#146;s effective interest rate, or fair value of the collateral.  If the loan is in foreclosure, the carrying value is reduced to the fair value of the underlying collateral, net of estimated costs to obtain and sell.  The carrying value of the impaired loans is reduced by establishing a permanent write-down recorded in Net realized capital gains (losses).  At December&nbsp;31, 2007 and 2006, the Company had no allowance for mortgage loan credit losses. The properties
collateralizing mortgage loans are geographically dispersed throughout the United States, with the largest concentration of and 16.8% and 17.7% of properties in California at December 31, 2007 and 2006, respectively.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Policy loans are carried at unpaid principal balances.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Short-term investments, consisting primarily of money market instruments and other fixed maturity issues purchased with an original maturity of 91 days to one year, are considered available-for-sale and are carried at fair value.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Derivative instruments are reported at fair value primarily using the Company&#146;s derivative accounting system. The system uses key financial data, such as yield curves, exchange rates, Standard &amp; Poor&#146;s (&#147;S&amp;P&#148;) 500 Index prices, and London Inter Bank Offered Rates (&#147;LIBOR&#148;), which are obtained from third party sources and uploaded into the system.  For those derivatives that are unable to be valued by the accounting system, the Company typically utilizes values established by third party brokers.  Embedded derivative instruments are reported at fair value based upon internally established valuations that are consistent with external valuation models or market quotations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Repurchase Agreements</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company engages in dollar repurchase agreements (&#147;dollar rolls&#148;) and repurchase agreements to increase the return on investments and improve liquidity.  These transactions involve a sale of securities and an agreement to repurchase substantially the same securities as those sold.  Company policies require a minimum of 95% of the fair value of securities pledged under dollar rolls and repurchase agreement transactions to be maintained as collateral.  Cash collateral received is invested in fixed maturities, and the carrying value of the securities pledged in dollar rolls and repurchase agreement transactions is included in Securities pledged on the Consolidated Balance Sheets.  The repurchase obligation related to dollar rolls and repurchase agreements is included in Borrowed money on the Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>77</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company also enters into reverse repurchase agreements.  These transactions involve a purchase of securities and an agreement to sell substantially the same securities as those purchased.  Company policies require a minimum of 102% of the fair value of securities pledged under reverse repurchase agreements to be pledged as collateral.  Reverse repurchase agreements are included in Cash and cash equivalents on the Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Securities Lending</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company engages in securities lending whereby certain securities from its portfolio are loaned to other institutions for short periods of time.  Initial collateral, primarily cash, is required at a rate of 102% of the market value of the loaned domestic securities.  The collateral is deposited by the borrower with a lending agent, and retained and invested by the lending agent according to the Company&#146;s guidelines to generate additional income.  The market value of the loaned securities is monitored on a daily basis with additional collateral obtained or refunded as the market value of the loaned securities fluctuates.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Derivatives</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company&#146;s use of derivatives is limited mainly to hedging purposes to reduce the Company&#146;s exposure to cash flow variability of assets and liabilities, interest rate risk, credit risk, and market risk.  Generally, derivatives are not accounted for using hedge accounting treatment under FAS No. 133, as the Company has not historically sought hedge accounting treatment.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company enters into interest rate, equity market, credit default, and currency contracts, including swaps, caps, floors, and options, to reduce and manage risks associated with changes in value, yield, price, cash flow, or exchange rates of assets or liabilities held or intended to be held, or to assume or reduce credit exposure associated with a referenced asset, index, or pool.  The Company also utilizes options and futures on equity indices to reduce and manage risks associated with its annuity products.  Open derivative contracts are reported as either Other investments or Other liabilities, as appropriate, on the Consolidated Balance Sheets.  Changes in the fair value of such derivatives are recorded in Net realized capital gains (losses) in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company also has investments in certain fixed maturity instruments, and has issued certain retail annuity products, that contain embedded derivatives whose market value is at least partially determined by, among other things, levels of or changes in domestic and/or foreign interest rates (short- or long-term), exchange rates, prepayment rates, equity markets, or credit ratings/spreads.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Embedded derivatives within fixed maturity instruments are included in Fixed maturities, available-for-sale, on the Consolidated Balance Sheets, and changes in fair value are recorded in Net realized capital gains (losses) in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>78</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Embedded derivatives within retail annuity products are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets, and changes in the fair value are recorded in Interest credited and benefits to contractowners in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Deferred Policy Acquisition Costs and Value of Business Acquired</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><u><font size=2>General</font></u></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>DAC represents policy acquisition costs that have been capitalized and are subject to amortization.  Such costs consist principally of certain commissions, underwriting, contract issuance, and certain agency expenses, related to the production of new and renewal business.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>VOBA represents the outstanding value of in force business capitalized in purchase accounting when the Company was acquired and is subject to amortization.  The value is based on the present value of estimated net cash flows embedded in the Company&#146;s contracts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>FAS No. 97 applies to universal life and investment-type products, such as fixed and variable deferred annuities.  Under FAS No. 97, DAC and VOBA are amortized, with interest, over the life of the related contracts in relation to the present value of estimated future gross profits from investment, mortality, and expense margins, plus surrender charges.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><u><font size=2>Internal Replacements</font></u></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Contractowners may periodically exchange one contract for another, or make modifications to an existing contract. Beginning January 1, 2007, these transactions are identified as internal replacements and are accounted for in accordance with Statement of Position 05-1.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Internal replacements that are determined to result in substantially unchanged contracts are accounted for as continuations of the replaced contracts.  Any costs associated with the issuance of the new contracts are considered maintenance costs and expensed as incurred. Unamortized DAC and VOBA related to the replaced contracts continue to be deferred and amortized in connection with the new contracts.  For deferred annuities, the estimated future gross profits of the new contracts are treated as revisions to the estimated future gross profits of the replaced contracts in the determination of amortization. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Internal replacements that are determined to result in contracts that are substantially changed are accounted for as extinguishments of the replaced contracts, and any unamortized DAC and VOBA related to the replaced contracts are written off to Net amortization of deferred policy acquisition costs and value of business acquired in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>79</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>As a result of implementing SOP 05-1, the Company recognized a cumulative effect of change in accounting principle of $43.4, before tax, or $28.2, net of $15.2 of income taxes, as a reduction to January 1, 2007 Retained earnings (deficit).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><u><font size=2>Unlocking</font></u></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Changes in assumptions can have a significant impact on DAC and VOBA balances and amortization rates.  Several assumptions are considered significant in the estimation of future gross profits associated with variable deferred annuity products.  One of the most significant assumptions involved in the estimation of future gross profits is the assumed return associated with the variable account performance.  To reflect the volatility in the equity markets, this assumption involves a combination of near-term expectations and long-term assumptions regarding market performance.  The overall return on the variable account is dependent on multiple factors, including the relative mix of the underlying sub-accounts among bond funds and equity funds, as well as equity sector weightings.  Other significant assumptions include surrender and lapse rates, estimated interest spread, and estimated mortality.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Due to the relative size and sensitivity to minor changes in underlying assumptions of DAC and VOBA balances, the Company performs quarterly and annual analyses of DAC and VOBA.  The DAC and VOBA balances are evaluated for recoverability.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>At each evaluation date, actual historical gross profits are reflected, and estimated future gross profits and related assumptions are evaluated for continued reasonableness.  Any adjustment in estimated future gross profits requires that the amortization rate be revised (&#147;unlocking&#148;), retroactively to the date of the policy or contract issuance.  The cumulative unlocking adjustment is recognized as a component of current period amortization.  In general, sustained increases in investment, mortality, and expense margins, and thus estimated future gross profits, lower the rate of amortization.  Sustained decreases in investment, mortality, and expense margins, and thus estimated future gross profits, however, increase the rate of amortization.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Property and Equipment</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Property and equipment are carried at cost, less accumulated depreciation.  Expenditures for replacements and major improvements are capitalized; maintenance and repair expenditures are expensed as incurred.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>At December 31, 2007 and 2006, total accumulated depreciation and amortization was $120.7 and $107.5, respectively.  Depreciation on property and equipment is provided on a straight-line basis over the estimated useful lives of the assets with the exception of land and artwork, which are not depreciated or amortized.  The Company&#146;s property and equipment are depreciated using the following estimated useful lives.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>80</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="582" style=' margin-left:41.4pt;border-collapse:collapse'>
    <tr>
        <td width="228" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="354" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Estimated Useful Lives</font></u><u></u></p> </td> </tr>
    <tr>
        <td width="228" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Buildings</font></p> </td>
        <td width="354" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>40 years</font></p> </td> </tr>
    <tr>
        <td width="228" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Furniture and fixtures</font></p> </td>
        <td width="354" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:6.0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>5 years</font></p> </td> </tr>
    <tr>
        <td width="228" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Leasehold improvements</font></p> </td>
        <td width="354" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>10 years, or the life of the lease, whichever is shorter</font></p> </td> </tr>
    <tr>
        <td width="228" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Equipment</font></p> </td>
        <td width="354" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:6.0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>3 years</font></p> </td> </tr>
    <tr>
        <td width="228" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Software</font></p> </td>
        <td width="354" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:6.0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>3 years</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Reserves</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company records as liabilities reserves to meet the Company&#146;s future obligations under its variable annuity and fixed annuity products.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Future policy benefits and claims reserves include reserves for deferred annuities and immediate annuities with and without life contingent payouts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Reserves for individual and group deferred annuity investment contracts and individual immediate annuities without life contingent payouts are equal to cumulative deposits, less charges and withdrawals, plus credited interest thereon, net of adjustments for investment experience that the Company is entitled to reflect in future credited interest.  Reserves interest rates vary by product and ranged from 1.6% to 7.8% for the years 2007, 2006, and 2005.  Certain reserves also include unrealized gains and losses related to investments and unamortized realized gains and losses on investments for experience-rated contracts.  Reserves on experienced-rated contracts reflect the rights of contractowners, plan participants, and the Company.  Reserves for group immediate annuities without life contingent payouts are equal to the discount value of the payment at the implied break-even rate.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Reserves for individual immediate annuities with life contingent payout benefits are computed on the basis of assumed interest discount rates, mortality, and expenses, including a margin for adverse deviations.  Such assumptions generally vary by annuity type plan, year of issue, and policy duration.  For the years 2007, 2006, and 2005, reserve interest rates ranged from 5.1% to 5.9%.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company has a significant concentration of reinsurance arising from the disposition of its individual life insurance business.  In 1998, the Company entered into an indemnity reinsurance arrangement with certain subsidiaries of Lincoln National Corporation (&#147;Lincoln&#148;).  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.  The Company includes an amount in Reinsurance recoverable on the Consolidated Balance Sheets, which equals the Company&#146;s total individual life reserves.  Individual life reserves are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Unpaid claims and claim expenses for all lines of insurance include benefits for reported losses and estimates of benefits for losses incurred but not reported.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>81</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Certain variable annuities offer guaranteed minimum death benefits (&#147;GMDB&#148;).  The GMDB is accrued in the event the contractowner account value at death is below the guaranteed value and is included in reserves.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Revenue Recognition</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>For most annuity contracts, charges assessed against contractowner funds for the cost of insurance, surrenders, expenses, and other fees are recorded as revenue as charges are assessed.  Other amounts received for these contracts are reflected as deposits and are not recorded as premiums or revenue.  When annuity payments with life contingencies begin under contracts that were initially investment contracts, the accumulated balance in the account is treated as a single premium for the purchase of an annuity and reflected in both Premiums and Interest credited and other benefits to contractowners in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Premiums on the Consolidated Statements of Operations primarily represent amounts received for immediate annuities with life contingent payouts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Separate Accounts </font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Separate account assets and liabilities generally represent funds maintained to meet specific investment objectives of contractowners who bear the investment risk, subject, in limited cases, to certain minimum guarantees.  Investment income and investment gains and losses generally accrue directly to such contractowners.  The assets of each account are legally segregated and are not subject to claims that arise out of any other business of the Company or its affiliates.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Separate account assets supporting variable options under variable annuity contracts are invested, as designated by the contractowner or participant (who bears the investment risk subject, in limited cases, to minimum guaranteed rates) under a contract, in shares of mutual funds that are managed by the Company or its affiliates, or in other selected mutual funds not managed by the Company or its affiliates.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Separate account assets and liabilities are carried at fair value and shown as separate captions in the Consolidated Balance Sheets.  Deposits, investment income, and net realized and unrealized capital gains (losses) of the separate accounts, however, are not reflected in the Consolidated Statements of Operations (with the exception of realized and unrealized capital gains (losses) on the assets supporting the guaranteed interest option).  The Consolidated Statements of Cash Flows do not reflect investment activity of the separate accounts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>82</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Assets and liabilities of separate account arrangements that do not meet the criteria for separate presentation in the Consolidated Balance Sheets (primarily the guaranteed interest option), and revenue and expenses related to such arrangements, are consolidated in the financial statements with the general account.  At December&nbsp;31, 2007 and 2006, unrealized capital losses of $11.0 and $7.3, respectively, after taxes, on assets supporting a guaranteed interest option are reflected in Shareholder&#146;s equity.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Reinsurance</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company utilizes indemnity reinsurance agreements to reduce its exposure to losses from GMDBs in its annuity insurance business.  Reinsurance permits recovery of a portion of losses from reinsurers, although it does not discharge the Company&#146;s primary liability as the direct insurer of the risks.  The Company evaluates the financial strength of potential reinsurers and continually monitors the financial strength and credit ratings of its reinsurers. Only those reinsurance recoverable balances deemed probable of recovery are reflected as assets on the Company&#146;s Consolidated Balance Sheets.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Of the Reinsurance recoverable on the Consolidated Balance Sheets, $2.6 billion and $2.7 billion at December&nbsp;31, 2007 and 2006, respectively, is related to the reinsurance recoverable from certain subsidiaries of Lincoln arising from the disposal of the Company&#146;s individual life insurance business in 1998 (see the Reinsurance footnote).  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Income Taxes</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company is taxed at regular corporate rates after adjusting income reported for financial statement purposes for certain items.  Deferred income tax expenses/benefits result from changes during the year in cumulative temporary differences between the tax basis and book basis of assets and liabilities.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:.0001pt'><font size=4><b></b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:.0001pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>83</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>2.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Investments</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Fixed Maturities and Equity Securities</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Fixed maturities and equity securities, available-for-sale, were as follows as of December&nbsp;31, 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="586" style=' margin-left:.5in;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gross</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gross</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Unrealized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Unrealized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gains</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Losses</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities:</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="152" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;government&nbsp;agencies&nbsp;and&nbsp;authorities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>State,&nbsp;municipalities,&nbsp;and&nbsp;political&nbsp;subdivisions</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>66.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>64.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate&nbsp;securities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Public&nbsp;utilities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,049.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,044.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,855.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>65.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>3,836.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;U.S.&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,904.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>80.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,880.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign&nbsp;securities<sup>(1)</sup>:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Government</font></p> </td>
        <td width="152" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>379.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>389.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,955.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>29.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>40.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>1,945.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;foreign&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,335.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>47.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,335.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,146.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>101.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>63.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,184.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Commercial&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,927.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>52.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,885.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>924.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>41.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>888.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities,&nbsp;including&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,314.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>222.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>287.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>940.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>934.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,374.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>214.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,316.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>440.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;investments,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,814.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>228.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>280.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,762.7&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="152" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1><sup>(1)</sup>&nbsp;Primarily&nbsp;U.S.&nbsp;dollar&nbsp;denominated.</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>84</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Fixed maturities and equity securities, available-for-sale, were as follows as of December&nbsp;31, 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="579" style=' margin-left:.5in;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gross</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gross</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Unrealized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Unrealized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gains</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Losses</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities:</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="145" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;government&nbsp;agencies&nbsp;and&nbsp;authorities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>276.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>276.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="9" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>State,&nbsp;municipalities,&nbsp;and&nbsp;political&nbsp;subdivisions</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate&nbsp;securities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Public&nbsp;utilities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,111.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,104.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,281.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>47.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>62.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>4,267.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;U.S.&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5,393.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>78.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5,371.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign&nbsp;securities<sup>(1)</sup>:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Government</font></p> </td>
        <td width="145" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>466.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>31.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>494.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,000.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>28.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>33.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>1,995.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;foreign&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,466.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>60.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>36.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,489.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,529.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>52.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>82.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,500.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Commercial&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,261.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>28.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,246.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,258.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,254.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities,&nbsp;including&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,256.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>194.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>239.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,211.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,106.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,099.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,150.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>188.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>226.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,112.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities</font></p> </td>
        <td width="145" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>233.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:31.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>251.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;investments,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,383.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>208.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>228.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15,363.9&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="145" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1><sup>(1)</sup>&nbsp;Primarily&nbsp;U.S.&nbsp;dollar&nbsp;denominated.</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>At December&nbsp;31, 2007 and 2006, net unrealized losses were $58.2 and $26.5, respectively, on total fixed maturities, including securities pledged to creditors, and equity securities.  At December 31, 2007 and 2006, $16.4 and $52.4, respectively, of net unrealized capital gains (losses) was related to experience-rated contracts and was not reflected in Shareholder&#146;s equity but in Future policy benefits and claim reserves.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>85</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
<font size=2>The amortized cost and fair value of total fixed maturities as of December&nbsp;31, 2007, are shown below by contractual maturity.  Actual maturities may differ from contractual maturities as securities may be restructured, called, or prepaid.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="573" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="341" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="92" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="92" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="341" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Due&nbsp;to&nbsp;mature:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="341" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>One&nbsp;year&nbsp;or&nbsp;less</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>363.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>363.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="341" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>After&nbsp;one&nbsp;year&nbsp;through&nbsp;five&nbsp;years</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,440.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,451.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="341" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>After&nbsp;five&nbsp;years&nbsp;through&nbsp;ten&nbsp;years</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,779.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,761.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="341" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>After&nbsp;ten&nbsp;years</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,733.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,715.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="341" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6,073.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6,070.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="341" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>924.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>888.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>940.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>934.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;excluding&nbsp;securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,374.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,316.3&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company did not have any investments in a single issuer, other than obligations of the U.S. government and government agencies, with a carrying value in excess of 10% of the Company&#146;s Shareholder&#146;s equity at December&nbsp;31, 2007 or 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>At December&nbsp;31, 2007 and 2006, fixed maturities with fair values of $13.9 and $11.2, respectively, were on deposit as required by regulatory authorities.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company invests in various categories of collateralized mortgage obligations (&#147;CMOs&#148;) that are subject to different degrees of risk from changes in interest rates and, for CMOs that are not agency-backed, defaults.  The principal risks inherent in holding CMOs are prepayment and extension risks related to dramatic decreases and increases in interest rates resulting in the prepayment of principal from the underlying mortgages, either earlier or later than originally anticipated.  At December&nbsp;31, 2007 and 2006, approximately 11.3% and 8.4%, respectively, of the Company&#146;s CMO holdings were invested in those types of CMOs which are subject to more prepayment and extension risk than traditional CMOs, such as interest-only or principal-only strips.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Equity Securities</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Equity securities, available-for-sale, included investments with fair values of $279.5 and $219.5 in ING proprietary funds as of December 31, 2007 and 2006, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Repurchase Agreements</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company engages in dollar repurchase agreements (&#147;dollar rolls&#148;) and repurchase agreements.  At December&nbsp;31, 2007 and 2006, the carrying value of the securities pledged in dollar rolls and repurchase agreement transactions was $757.6 and $832.4, respectively.  The repurchase obligation related to dollar rolls and repurchase agreements totaled $734.8 and $833.2 at December&nbsp;31, 2007 and 2006, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>86</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company also engages in reverse repurchase agreements.  At December 31, 2007 and 2006, the Company did not have any reverse repurchase agreements.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The primary risk associated with short-term collateralized borrowings is that the counterparty will be unable to perform under the terms of the contract.  The Company&#146;s exposure is limited to the excess of the net replacement cost of the securities over the value of the short-term investments, an amount that was immaterial at December&nbsp;31, 2007 and 2006.  The Company believes the counterparties to the dollar rolls, repurchase, and reverse repurchase agreements are financially responsible and that the counterparty risk is minimal.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Unrealized Capital Losses</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Unrealized capital losses in fixed maturities at December&nbsp;31, 2007 and 2006, were primarily related to interest rate movement or spread widening to mortgage and other asset-backed securities.  Mortgage and other asset-backed securities include U.S. government-backed securities, principal protected securities, and structured securities, which did not have an adverse change in cash flows.  The following table summarizes the unrealized capital losses by duration and reason, along with the fair value of fixed maturities, including securities pledged, in unrealized capital loss positions at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="583" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Less</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>More</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>More</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Six</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Six</font></b><font size=2>&nbsp;</font><b><font size=2>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Twelve</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>and</font></b><font size=2>&nbsp;</font><b><font size=2>less</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Below</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Twelve</font></b><font size=2>&nbsp;</font><b><font size=2>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Below</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Unrealized</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Below</font></b><font size=2>&nbsp;</font><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><u><b><font size=2>2007</font></b></u><u></u></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Costs</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Loss</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;rate&nbsp;or&nbsp;spread&nbsp;widening</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>18.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>62.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>48.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>129.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage&nbsp;and&nbsp;other&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>30.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>69.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>58.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>157.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;unrealized&nbsp;capital&nbsp;losses</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>48.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>131.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>107.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>287.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Fair&nbsp;value</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,256.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,217.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,612.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8,086.0&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>87</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="583" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Less</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>More</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>More</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Six</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Six</font></b><font size=2>&nbsp;</font><b><font size=2>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Twelve</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>and</font></b><font size=2>&nbsp;</font><b><font size=2>less</font></b><font size=2>&nbsp;</font><b><font size=2>than</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Total</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Below</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Twelve</font></b><font size=2>&nbsp;</font><b><font size=2>Months</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Below</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Unrealized</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Below</font></b><font size=2>&nbsp;</font><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amortized</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Capital</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><u><b><font size=2>2006</font></b></u><u></u></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Costs</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Loss</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;rate&nbsp;or&nbsp;spread&nbsp;widening</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.75in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>102.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>118.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage&nbsp;and&nbsp;other&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.75in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>107.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>120.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;unrealized&nbsp;capital&nbsp;losses</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.75in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>210.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>239.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Fair&nbsp;value</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,447.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="96" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>501.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6,726.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9,675.1&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Of the unrealized capital losses aged more than twelve months, the average market value of the related fixed maturities is 96.9% of the average book value.  In addition, this category includes 761 securities, which have an average quality rating of AA.  No other-than-temporary impairment loss was considered necessary for these fixed maturities as of December&nbsp;31, 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Other-Than-Temporary Impairments</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The following table identifies the Company&#146;s other-than-temporary impairments by type for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="611" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Limited&nbsp;partnerships</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>3.0&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>36.3&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>113&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>24.4&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>67&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19.1&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>54&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.2&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.1&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>30&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16.6&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>76&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>44.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>82&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.5&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.0&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>76.0&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>219&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="70" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>58.7&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>161&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="14" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>49.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>100&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The above schedule includes $16.4, $16.1, and $43.3 for the years ended December 31, 2007, 2006, and 2005, respectively, in other-than-temporary write-downs related to the analysis of credit-risk and the possibility of significant prepayment risk.  The remaining $59.6, $42.6, and $5.7 in write-downs for the years ended December 31, 2007, 2006, and 2005, respectively, are related to investments that the Company does not have the intent to retain for a period of time sufficient to allow for recovery in fair value.  The following table summarizes these write-downs recognized by type for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>88</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="611" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>No.</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="128" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Impairment</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Securities</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="70" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;corporate</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>31.6&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>102&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>24.4&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>67&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19.1&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>54&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.2&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.6&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.3&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="70" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.0&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:38.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>59.6&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>174&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="70" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>42.6&nbsp;</font></p> </td>
        <td width="5" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>83&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The remaining fair value of the fixed maturities with other-than-temporary impairments at December&nbsp;31, 2007, 2006, and 2005 was $1,210.8, $704.4, and $475.0, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company may sell securities during the period in which fair value has declined below amortized cost for fixed maturities or cost for equity securities.  In certain situations new factors, including changes in the business environment, can change the Company&#146;s previous intent to continue holding a security.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Net Investment Income</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Sources of Net investment income were as follows for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="572" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="252" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed maturities, available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>895.5 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>969.0 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>978.9 </font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity securities, available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>38.5 </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.5 </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.7 </font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage loans on real estate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>118.5 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>93.6 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>73.0 </font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Policy loans</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.1 </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13.2 </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>30.0 </font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Short-term investments and cash equivalents</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.2 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.4 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.7 </font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>88.3 </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>44.5 </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>38.7 </font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Gross investment income</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,157.1 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,133.2 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,133.0 </font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less: investment expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>102.4 </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>103.5 </font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>95.9 </font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net investment income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,054.7 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,029.7 </font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="83" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,037.1 </font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Net Realized Capital Gains (Losses)</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Net realized capital gains (losses) are comprised of the difference between the amortized cost of investments and proceeds from sale and redemption, as well as losses incurred due to other-than-temporary impairment of investments and changes in fair value of derivatives.  The cost of the investments on disposal is determined based on specific identification of securities.  Net realized capital gains (losses) on investments were as follows for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>89</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="575" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="240" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(50.3)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(67.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>12.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Derivatives</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(123.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.3)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;allocation&nbsp;to&nbsp;experience-rated&nbsp;contracts</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>161.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(64.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;realized&nbsp;capital&nbsp;(loss)&nbsp;gains</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8.2)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>22.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>After-tax&nbsp;net&nbsp;realized&nbsp;capital&nbsp;(loss)&nbsp;gains</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5.3)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="88" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.3&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The increase in Net realized capital losses for the year ended December 31, 2007, was primarily due to realized losses on derivatives, primarily related to losses on interest rate swaps and widening of credit spreads.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Net realized capital gains (losses) allocated to experience-rated contracts were deducted from Net realized capital gains (losses) and an offsetting amount was reflected in Future policy benefits and claim reserves on the Consolidated Balance Sheets. Net unamortized realized capital gains allocated to experienced-rated contractowners were $53.8, $164.5, $240.3, at December&nbsp;31, 2007, 2006, and 2005, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Proceeds from the sale of fixed maturities and equity securities, available-for-sale, and the related gross gains and losses, excluding those related to experience-related contracts, were as follows for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="571" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="243" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="243" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Proceeds&nbsp;on&nbsp;sales</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5,738.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:33.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6,481.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10,062.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="243" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Gross&nbsp;gains</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>66.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>109.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>161.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="243" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Gross&nbsp;losses</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.5in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(101.2)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:40.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>110.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>93.9&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>3.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Financial Instruments</font></b></p> </td> </tr></table>
</div>



<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Estimated Fair Value</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The following disclosures are made in accordance with the requirements of FAS No. 107, &#147;Disclosures about Fair Value of Financial Instruments&#148; (&#147;FAS No. 107&#148;).  FAS No. 107 requires disclosure of fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practicable to estimate that value.  In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques.  Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows.  In that regard, the derived fair value estimates, in many cases, could not be realized in immediate settlement of the instrument.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>90</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>FAS No. 107 excludes certain financial instruments, including insurance contracts, and all nonfinancial instruments from its disclosure requirements.  Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The following valuation methods and assumptions were used by the Company in estimating the fair value of the following financial instruments:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Fixed maturities, available-for-sale</font></i><font size=2>:  The fair values for the actively traded marketable bonds are determined based upon the quoted market prices or dealer quotes. The fair values for marketable bonds without an active market are obtained through several commercial pricing services which provide the estimated fair values. Fair values of privately placed bonds are determined using a matrix-based pricing model. The model considers the current level of risk-free interest rates, current corporate spreads, the credit quality of the issuer, and cash flow characteristics of the security.  Also considered are factors such as the net worth of the borrower, the value of collateral, the capital structure of the borrower, the presence of guarantees, and the Company&#146;s evaluation of the borrower's ability to compete in their relevant market.  Using this data, the model
generates estimated market values which the Company considers reflective of the fair value of each privately placed bond.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Equity securities, available-for-sale</font></i><font size=2>: Fair values of these securities are based upon quoted market price.  For equity securities not actively traded, estimated fair values are based upon values of issues of comparable yield and quality or conversion price, where applicable.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Mortgage loans on real estate</font></i><font size=2>: The fair values for mortgage loans on real estate are estimated using discounted cash flow analyses and rates currently being offered in the marketplace for similar loans to borrowers with similar credit ratings. Loans with similar characteristics are aggregated for purposes of the calculations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Cash and cash equivalents, Short-term investments under securities loan agreement, and Policy loans</font></i><font size=2>: The carrying amounts for these assets approximate the assets' fair values.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Assets held in separate accounts</font></i><font size=2>: Assets held in separate accounts are reported at the quoted fair values of the individual securities in the separate accounts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Investment contract liabilities (included in Future policy benefits and claim reserves)</font></i><font size=2>:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>With a fixed maturity</font></i><font size=2>: Fair value is estimated by discounting cash flows at interest rates currently being offered by, or available to, the Company for similar contracts.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Without a fixed maturity</font></i><font size=2>: Fair value is estimated as the amount payable to the contractowner upon demand.  However, the Company has the right under such contracts to delay payment of withdrawals, which may ultimately result in paying an amount different than that determined to be payable on demand.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>91</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Other financial instruments reported as assets and liabilities</font></i><font size=2>: The carrying amounts for these financial instruments (primarily derivatives and limited partnerships) approximate the fair values of the assets and liabilities.  Derivatives are carried at fair value, which is determined using the Company&#146;s derivative accounting system in conjunction with key financial data from third party sources or through values established by third party brokers, on the Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The carrying values and estimated fair values of certain of the Company&#146;s financial instruments were as follows at December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="572" style=' margin-left:.5in;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="167" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="167" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Carrying</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Carrying</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="167" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="4" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Assets:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="167" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale,</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>including&nbsp;securities&nbsp;pledged</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,211.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16,211.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>251.7&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>251.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage&nbsp;loans&nbsp;on&nbsp;real&nbsp;estate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,089.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,099.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,879.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,852.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Policy&nbsp;loans</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.4&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>268.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>268.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Cash,&nbsp;cash&nbsp;equivalents,&nbsp;and</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>short-term&nbsp;investments&nbsp;under</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>securities&nbsp;loan&nbsp;agreement</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>436.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>436.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>594.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>594.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>838.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>838.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>398.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>398.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Assets&nbsp;held&nbsp;in&nbsp;separate&nbsp;accounts</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>48,091.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>48,091.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43,550.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43,550.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Liabilities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="167" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Investment&nbsp;contract&nbsp;liabilities:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>With&nbsp;a&nbsp;fixed&nbsp;maturity</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,251.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,308.7&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,475.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:11.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,529.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Without&nbsp;a&nbsp;fixed&nbsp;maturity</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,421.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13,379.1&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,407.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,367.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Derivatives</font></p> </td>
        <td width="167" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>200.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>200.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="65" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.1&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Fair value estimates are made at a specific point in time, based on available market information and judgments about various financial instruments, such as estimates of timing and amounts of future cash flows.  Such estimates do not reflect any premium or discount that could result from offering for sale at one time the Company&#146;s entire holdings of a particular financial instrument, nor do they consider the tax impact of the realization of unrealized capital gains (losses).  In many cases, the fair value estimates cannot be substantiated by comparison to independent markets, nor can the disclosed value be realized in immediate settlement of the instruments.  In evaluating the Company&#146;s management of interest rate, price, and liquidity risks, the fair values of all assets and liabilities should be taken into consideration, not only those presented above.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>92</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Derivative Financial Instruments</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="600" style=' margin-left:38.0pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Notional</font></b><font size=2>&nbsp;</font><b><font size=2>Amount</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b><font size=2>&nbsp;</font><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><i><font size=2>Interest</font></i><font size=2>&nbsp;</font><i><font size=2>Rate</font></i><font size=2>&nbsp;</font><i><font size=2>Swaps</font></i><i></i></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;rate&nbsp;swaps&nbsp;are&nbsp;used&nbsp;to&nbsp;manage&nbsp;the&nbsp;interest</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>rate&nbsp;risk&nbsp;in&nbsp;the&nbsp;Company&#146;s&nbsp;fixed&nbsp;maturities&nbsp;portfolio,&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>as&nbsp;well&nbsp;as&nbsp;the&nbsp;Company&#146;s&nbsp;liabilities.&nbsp;&nbsp;Interest&nbsp;rate&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>swaps&nbsp;represent&nbsp;contracts&nbsp;that&nbsp;require&nbsp;the&nbsp;exchange</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>of&nbsp;cash&nbsp;flows&nbsp;at&nbsp;regular&nbsp;interim&nbsp;periods,&nbsp;typically</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>monthly&nbsp;or&nbsp;quarterly.</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7,680.0&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:6.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,277.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:9.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(111.6)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><i><font size=2>Foreign</font></i><font size=2>&nbsp;</font><i><font size=2>Exchange</font></i><font size=2>&nbsp;</font><i><font size=2>Swaps</font></i><i></i></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign&nbsp;exchange&nbsp;swaps&nbsp;are&nbsp;used&nbsp;to&nbsp;reduce&nbsp;the&nbsp;risk</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>of&nbsp;a&nbsp;change&nbsp;in&nbsp;the&nbsp;value,&nbsp;yield,&nbsp;or&nbsp;cash&nbsp;flow&nbsp;with&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>respect&nbsp;to&nbsp;invested&nbsp;assets.&nbsp;&nbsp;Foreign&nbsp;exchange</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>swaps&nbsp;represent&nbsp;contracts&nbsp;that&nbsp;require&nbsp;the&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>exchange&nbsp;of&nbsp;foreign&nbsp;currency&nbsp;cash&nbsp;flows&nbsp;for</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;dollar&nbsp;cash&nbsp;flows&nbsp;at&nbsp;regular&nbsp;interim&nbsp;periods,&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>typically&nbsp;quarterly&nbsp;or&nbsp;semi-annually.</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>224.5&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>204.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(45.3)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(30.9)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><i><font size=2>Credit</font></i><font size=2>&nbsp;</font><i><font size=2>Default</font></i><font size=2>&nbsp;</font><i><font size=2>Swaps</font></i><i></i></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Credit&nbsp;default&nbsp;swaps&nbsp;are&nbsp;used&nbsp;to&nbsp;reduce&nbsp;the&nbsp;credit&nbsp;loss</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>exposure&nbsp;with&nbsp;respect&nbsp;to&nbsp;certain&nbsp;assets&nbsp;that&nbsp;the&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Company&nbsp;owns,&nbsp;or&nbsp;to&nbsp;assume&nbsp;credit&nbsp;exposure&nbsp;to</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>certain&nbsp;assets&nbsp;that&nbsp;the&nbsp;Company&nbsp;does&nbsp;not&nbsp;own.&nbsp;&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Payments&nbsp;are&nbsp;made&nbsp;to&nbsp;or&nbsp;received&nbsp;from&nbsp;the&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>counterparty&nbsp;at&nbsp;specified&nbsp;intervals&nbsp;and&nbsp;amounts</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>for&nbsp;the&nbsp;purchase&nbsp;or&nbsp;sale&nbsp;of&nbsp;credit&nbsp;protection.</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>In&nbsp;the&nbsp;event&nbsp;of&nbsp;a&nbsp;default&nbsp;on&nbsp;the&nbsp;underlying&nbsp;credit</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>exposure,&nbsp;the&nbsp;Company&nbsp;will&nbsp;either&nbsp;receive&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>an&nbsp;additional&nbsp;payment&nbsp;(purchased&nbsp;credit&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>protection)&nbsp;or&nbsp;will&nbsp;be&nbsp;required&nbsp;to&nbsp;make&nbsp;an&nbsp;additional&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>payment&nbsp;(sold&nbsp;credit&nbsp;protection)&nbsp;equal&nbsp;to&nbsp;the&nbsp;notional&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>value&nbsp;of&nbsp;the&nbsp;swap&nbsp;contract.</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>335.9&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>756.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8.8)</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:.25in;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2.5)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><i><font size=2>Total</font></i><font size=2>&nbsp;</font><i><font size=2>Return</font></i><font size=2>&nbsp;</font><i><font size=2>Swaps</font></i><i></i></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;return&nbsp;swaps&nbsp;are&nbsp;used&nbsp;to&nbsp;assume&nbsp;credit&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>exposure&nbsp;to&nbsp;a&nbsp;referenced&nbsp;index&nbsp;or&nbsp;asset&nbsp;pool.&nbsp;&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>The&nbsp;difference&nbsp;between&nbsp;different&nbsp;floating-rate&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>interest&nbsp;amounts&nbsp;calculated&nbsp;by&nbsp;reference&nbsp;to&nbsp;an&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>agreed&nbsp;upon&nbsp;notional&nbsp;principal&nbsp;amount&nbsp;is&nbsp;exchanged&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>with&nbsp;other&nbsp;parties&nbsp;at&nbsp;specified&nbsp;intervals.</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:13.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>139.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:22.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.3&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>93</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Notional</font></b><font size=2>&nbsp;</font><b><font size=2>Amount</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fair</font></b><font size=2>&nbsp;</font><b><font size=2>Value</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><i><font size=2>Swaptions</font></i><i></i></p> </td>
        <td width="237" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Swaptions&nbsp;are&nbsp;used&nbsp;to&nbsp;manage&nbsp;interest&nbsp;rate&nbsp;risk&nbsp;in&nbsp;the</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
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        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Company&#146;s&nbsp;collateralized&nbsp;mortgage&nbsp;obligation&nbsp;portfolio.&nbsp;&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Swaptions&nbsp;are&nbsp;contracts&nbsp;that&nbsp;give&nbsp;the&nbsp;Company&nbsp;the&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>option&nbsp;to&nbsp;enter&nbsp;into&nbsp;an&nbsp;interest&nbsp;rate&nbsp;swap&nbsp;at&nbsp;a&nbsp;specific</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>future&nbsp;date.</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:14.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>542.3&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:7.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,112.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:23.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:23.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><i><font size=2>Embedded</font></i><font size=2>&nbsp;</font><i><font size=2>Derivatives</font></i><i></i></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>The&nbsp;Company&nbsp;also&nbsp;has&nbsp;investments&nbsp;in&nbsp;certain&nbsp;fixed</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>maturity&nbsp;instruments&nbsp;that&nbsp;contain&nbsp;embedded&nbsp;derivatives</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>whose&nbsp;market&nbsp;value&nbsp;is&nbsp;at&nbsp;least&nbsp;partially&nbsp;determined&nbsp;by,</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>among&nbsp;other&nbsp;things,&nbsp;levels&nbsp;of&nbsp;or&nbsp;changes&nbsp;in&nbsp;domestic</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>and/or&nbsp;foreign&nbsp;interest&nbsp;rates&nbsp;(short-&nbsp;or&nbsp;long-term),</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>exchange&nbsp;rates,&nbsp;prepayment&nbsp;rates,&nbsp;equity&nbsp;rates,&nbsp;or</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>credit&nbsp;ratings/spreads.&nbsp;&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Within&nbsp;securities</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:3.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>N/A*&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:3.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>N/A*&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:18.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>40.8&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:18.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2.7)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Within&nbsp;annuity&nbsp;products</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:3.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>N/A*&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:3.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>N/A*&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:18.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>78.1&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="237" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>*&nbsp;N/A&nbsp;-&nbsp;not&nbsp;applicable.</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="59" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="11" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="58" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="6" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="9" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="60" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>&nbsp;</p>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Credit Default Swaps</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>As of December 31, 2007, the maximum potential future exposure to the Company on the sale of credit protection under credit default swaps was $136.2.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:.0001pt'><font size=4>&nbsp;</font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:.0001pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>94</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>4.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Deferred Policy Acquisition Costs and Value of Business Acquired</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Activity within DAC was as follows for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="577" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;January&nbsp;1,&nbsp;2005</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="94" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>414.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Prior&nbsp;period&nbsp;adjustment</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;January&nbsp;1,&nbsp;2005&nbsp;(restated)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>413.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferrals&nbsp;of&nbsp;commissions&nbsp;and&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>123.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="441" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(59.6)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="441" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;accrued&nbsp;at&nbsp;5%&nbsp;to&nbsp;7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>30.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;amortization&nbsp;included&nbsp;in&nbsp;the&nbsp;Consolidated&nbsp;Statements&nbsp;of&nbsp;Operations</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(28.9)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Change&nbsp;in&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;on&nbsp;available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2005</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-top: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>511.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferrals&nbsp;of&nbsp;commissions&nbsp;and&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>136.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="441" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(62.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="441" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;accrued&nbsp;at&nbsp;6%&nbsp;to&nbsp;7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;amortization&nbsp;included&nbsp;in&nbsp;the&nbsp;Consolidated&nbsp;Statements&nbsp;of&nbsp;Operations</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(24.6)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Change&nbsp;in&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;on&nbsp;available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.2)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2006</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-top: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>622.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferrals&nbsp;of&nbsp;commissions&nbsp;and&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>147.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="441" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(80.9)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="441" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;accrued&nbsp;at&nbsp;5%&nbsp;to&nbsp;7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>44.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;amortization&nbsp;included&nbsp;in&nbsp;the&nbsp;Consolidated&nbsp;Statements&nbsp;of&nbsp;Operations</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(36.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Change&nbsp;in&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;on&nbsp;available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Implementation&nbsp;of&nbsp;SOP&nbsp;05-01</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(6.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2007</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>728.6&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The estimated amount of DAC to be amortized, net of interest, is $45.1, $44.1, $46.0, $42.4, and $42.1, for the years 2008, 2009, 2010, 2011 and 2012, respectively. Actual amortization incurred during these years may vary as assumptions are modified to incorporate actual results.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>95</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Activity within VOBA was as follows for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="578" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;January&nbsp;1,&nbsp;2005</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="94" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,365.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Prior&nbsp;period&nbsp;adjustment</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2.7)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;January&nbsp;1,&nbsp;2005&nbsp;(restated)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,362.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferrals&nbsp;of&nbsp;commissions&nbsp;and&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>49.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="442" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(219.4)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="442" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;accrued&nbsp;at&nbsp;5%&nbsp;to&nbsp;7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>88.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;amortization&nbsp;included&nbsp;in&nbsp;the&nbsp;Consolidated&nbsp;Statements&nbsp;of&nbsp;Operations</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(131.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Change&nbsp;in&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;on&nbsp;available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>10.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2005</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,291.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferrals&nbsp;of&nbsp;commissions&nbsp;and&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="442" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(82.4)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="442" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;accrued&nbsp;at&nbsp;5%&nbsp;to&nbsp;7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>85.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;amortization&nbsp;included&nbsp;in&nbsp;the&nbsp;Consolidated&nbsp;Statements&nbsp;of&nbsp;Operations</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Change&nbsp;in&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;on&nbsp;available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2006</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,340.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferrals&nbsp;of&nbsp;commissions&nbsp;and&nbsp;expenses</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>40.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="442" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Amortization</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(177.3)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="442" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;accrued&nbsp;at&nbsp;5%&nbsp;to&nbsp;7%</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>84.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;amortization&nbsp;included&nbsp;in&nbsp;the&nbsp;Consolidated&nbsp;Statements&nbsp;of&nbsp;Operations</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(93.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Change&nbsp;in&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;on&nbsp;available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Implementation&nbsp;of&nbsp;SOP&nbsp;05-1</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(37.3)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2007</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,253.2&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The estimated amount of VOBA to be amortized, net of interest, is $99.4, $90.8, $88.0, $82.4, and $77.1, for the years 2008, 2009, 2010, 2011, and 2012, respectively. Actual amortization incurred during these years may vary as assumptions are modified to incorporate actual results.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Analysis of DAC and VOBA</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The increase in Amortization of DAC and VOBA for the year ended December 31, 2007, was primarily driven by unfavorable unlocking of $131.3 attributable to an increase in actual gross profits related to higher fee income and fixed margins in 2007.  In addition, amortization for the year ended December 31, 2006 was lower due to favorable unlocking, as a result of prospective expense assumption changes.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>96</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The decrease in Amortization of DAC and VOBA in 2006 is primarily driven by favorable unlocking of $83.3, resulting from the refinements of the Company&#146;s estimates of persistency, expenses and other assumptions.  In addition, the decrease in amortization reflects lower actual gross profits, primarily due to a legal settlement incurred in 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Amortization of DAC and VOBA increased in 2005 primarily due to increased gross profits, which were driven by higher fixed margins and variable fees because of higher average assets under management (&#147;AUM&#148;), partially offset by higher expenses.  The Company revised long-term separate account return and certain contractowner withdrawal behavior assumptions, as well as reflected current experience during 2005, resulting in a deceleration of amortization of DAC and VOBA of $11.7.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>5.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Dividend Restrictions and Shareholder&#146;s Equity</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ILIAC&#146;s ability to pay dividends to its parent is subject to the prior approval of insurance regulatory authorities of the State of Connecticut for payment of any dividend, which, when combined with other dividends paid within the preceding 12 months, exceeds the greater of (1) ten percent (10%) of ILIAC&#146;s statutory surplus at the prior year end or (2) ILIAC&#146;s prior year statutory net gain from operations.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>During 2007, 2006, and 2005, ILIAC paid $145.0, $256.0, and $20.5, respectively, in dividends on its common stock to its parent.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>During 2006, Lion contributed to ILIAC DSI, which had $50.5 in equity on the date of contribution and was accounted for in a manner similar to a pooling-of-interests.  During 2007, 2006, and 2005, ILIAC did not receive any cash capital contributions from its parent.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Insurance Department of the State of Connecticut (the &#147;Department&#148;) recognizes as net income and capital and surplus those amounts determined in conformity with statutory accounting practices prescribed or permitted by the Department, which differ in certain respects from accounting principles generally accepted in the United States.  Statutory net income was $245.5, $138.3, and $258.5, for the years ended December&nbsp;31, 2007, 2006, and 2005, respectively.  Statutory capital and surplus was $1,388.0 and $1,447.5 as of December&nbsp;31, 2007 and 2006, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>As of December&nbsp;31, 2007, ILIAC did not utilize any statutory accounting practices that are not prescribed by state regulatory authorities that, individually or in the aggregate, materially affect statutory capital and surplus. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>97</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>6.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Additional Insurance Benefits and Maximum Guarantees</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company calculates an additional liability for certain GMDBs and other minimum guarantees in order to recognize the expected value of these benefits in excess of the projected account balance over the accumulation period based on total expected assessments.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company regularly evaluates estimates used to adjust the additional liability balance, with a related charge or credit to benefit expense, if actual experience or other evidence suggests that earlier assumptions should be revised.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>As of December&nbsp;31, 2007, the separate account liability for guaranteed minimum benefits and the additional liability recognized related to minimum guarantees were $7.1 billion and $80.4, respectively.  As of December&nbsp;31, 2006, the separate account liability for guaranteed minimum benefits and the additional liability recognized related to minimum guarantees were $6.4 billion and $0.7, respectively.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The aggregate fair value of equity securities, including mutual funds, supporting separate accounts with additional insurance benefits and minimum investment return guarantees as of December&nbsp;31, 2007 and 2006 was $7.1 billion and $6.4 billion, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>7.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Income Taxes</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Effective January 1, 2006, ILIAC files a consolidated federal income tax return with ING America Insurance Holdings (&#147;ING AIH&#148;) and certain other subsidiaries of ING AIH that are eligible corporations qualified to file consolidated federal income tax returns as part of the ING AIH affiliated group.  Effective January 1, 2006, ILIAC is party to a federal tax allocation agreement with ING AIH and its subsidiaries that are part of the group whereby ING AIH charges its subsidiaries for federal taxes each subsidiary would have incurred were it not a member of the consolidated group and credits each subsidiary for losses at the statutory federal tax rate.  For calendar year 2005, ILIAC filed a consolidated federal income tax return with its (former) subsidiary, ING Insurance Company of America.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="567" style=' margin-left:.5in;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Current&nbsp;tax&nbsp;expense&nbsp;(benefit):</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Federal</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>28.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>23.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>State</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(9.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:.75pt;text-indent:-.75pt;text-align:left;margin-top:1.0pt;margin-bottom: 0in'><font size=2>Total&nbsp;current&nbsp;tax&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;tax&nbsp;expense:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Federal</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>36.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>79.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;deferred&nbsp;tax&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>36.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>79.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;income&nbsp;tax&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>122.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.5&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>98</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<!-- EEDocs PBEnd-->

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Income taxes were different from the amount computed by applying the federal income tax rate to income before income taxes for the following reasons for the years ended December 31, 2007, 2006 and 2005:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="578" style=' margin-left:.5in;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Income&nbsp;before&nbsp;income&nbsp;taxes</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>274.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>424.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>294.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="4" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Tax&nbsp;rate</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>35.0%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>35.0%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>35.0%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Income&nbsp;tax&nbsp;at&nbsp;federal&nbsp;statutory&nbsp;rate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>96.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>148.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>103.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="7" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Tax&nbsp;effect&nbsp;of:</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Dividend&nbsp;received&nbsp;deduction</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(26.2)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(36.5)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(25.8)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>IRS&nbsp;audit&nbsp;settlement</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(58.2)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>State&nbsp;audit&nbsp;settlement</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:29.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(21.8)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>State&nbsp;tax&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:47.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>13.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.7)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Income&nbsp;tax&nbsp;expense&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>56.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>122.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21.5&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Temporary Differences</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The tax effects of temporary differences that give rise to Deferred tax assets and Deferred tax liabilities at December&nbsp;31, 2007 and 2006, are presented below.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="573" style=' margin-left:.5in;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="264" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="94" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="94" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;tax&nbsp;assets:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Insurance&nbsp;reserves</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>216.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>250.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;unrealized&nbsp;capital&nbsp;loss</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Unrealized&nbsp;losses&nbsp;allocable&nbsp;to&nbsp;experience-rated&nbsp;contracts</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>18.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="6" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Investments</font></p> </td>
        <td width="264" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Postemployment&nbsp;benefits</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>75.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>74.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Compensation</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>27.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>25.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="264" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>32.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;gross&nbsp;assets&nbsp;before&nbsp;valuation&nbsp;allowance</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>371.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>391.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;valuation&nbsp;allowance</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(6.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="5" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Assets,&nbsp;net&nbsp;of&nbsp;valuation&nbsp;allowance</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>364.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>391.8&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="264" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;tax&nbsp;liabilities:&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Value&nbsp;of&nbsp;business&nbsp;acquired</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(436.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(469.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;unrealized&nbsp;capital&nbsp;gains</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(15.9)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="7" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;policy&nbsp;acquisition&nbsp;costs</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(203.8)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(167.9)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;gross&nbsp;liabilities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(640.5)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(652.9)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;deferred&nbsp;income&nbsp;tax&nbsp;liability</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(275.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:39.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(261.1)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Net unrealized capital gains and losses are presented as a component of other comprehensive income (loss) in Shareholder&#146;s equity, net of deferred taxes.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>99</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Valuation allowances are provided when it is considered unlikely that deferred tax assets will be realized.  As of December 31, 2007, the Company had a $6.4 valuation allowance related to unrealized capital losses on investments, which is included in Accumulated other comprehensive income (loss).  The Company had no valuation allowance as of December 31, 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Tax Sharing Agreement</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ILIAC had a payable of $ 56.8 and $ 59.8 to ING AIH at December 31, 2007 and 2006, respectively, for federal income taxes under the inter-company tax sharing agreement.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>See Related Party Transactions footnote for more information.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Unrecognized Tax Benefits</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>As a result of implementing FIN 48, the Company recognized a cumulative effect of change in accounting principle of $2.9 as a reduction to January 1, 2007 Retained earnings (deficit).  In addition, the Company had $68.0 of unrecognized tax benefits as of January 1, 2007, of which $52.1 would affect the Company&#146;s effective tax rate if recognized.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>A reconciliation of the change in the unrecognized income tax benefits for the year is as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="568" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;January&nbsp;1,&nbsp;2007</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="94" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Additions&nbsp;for&nbsp;tax&nbsp;positions&nbsp;related&nbsp;to&nbsp;current&nbsp;year</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Additions&nbsp;(reductions)&nbsp;for&nbsp;tax&nbsp;positions&nbsp;related&nbsp;to&nbsp;prior&nbsp;years</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(23.5)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Balance&nbsp;at&nbsp;December&nbsp;31,&nbsp;2007</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47.4&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company had $42.6 of unrecognized tax benefits as of December 31, 2007 that would affect the Company&#146;s effective tax rate if recognized.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Interest and Penalties</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company recognizes accrued interest and penalties related to unrecognized tax benefits in Current income taxes and Income tax expense on the Balance Sheets and Statements of Operations, respectively. The Company had accrued interest of $16.9 as of December 31, 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Regulatory Matters</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company is under audit by the Internal Revenue Service (&#147;IRS&#148;) for tax years 2002 through 2005, and is subject to state audit in New York for years 1995 through 2000.  It is anticipated that the IRS audit of tax years 2002 and 2003 will be finalized within the next twelve months. Upon finalization of the IRS exam, it is reasonably possible that the unrecognized tax benefits will decrease by up to $17.7.  It is also reasonably possible that </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>100</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>the aforementioned state tax audits may be settled within the next twelve months.   It is reasonably possible that the unrecognized tax benefit on uncertain tax positions related to the New York state tax audit will decrease by up to $11.4.  The timing of the settlement and any potential future payment of the remaining allowance of $18.3 cannot be reliably estimated.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>On September 25, 2007, the IRS issued Revenue Ruling 2007-61, which announced its intention to issue regulations with respect to certain computational aspects of the dividend received deduction (&#147;DRD&#148;) on separate account assets held in connection with variable annuity and life insurance contracts. Revenue Ruling 2007-61 suspended Revenue Ruling 2007-54 issued in August 2007 that purported to change accepted industry and IRS interpretations of the statutes governing these computational questions. Any regulations that the IRS ultimately proposes for issuance in this area will be subject to public notice and comment, at which time insurance companies and other members of the public will have the opportunity to raise legal and practical questions about the content, scope and application of such regulations. As a result, the ultimate timing, substance, and effective date of any such
regulations are unknown, but they could result in the elimination of some or all of the separate account DRD tax benefit that the Company receives.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Under prior law, life insurance companies were allowed to defer from taxation a portion of income.  Deferred income of $17.2 was accumulated in the Policyholders Surplus Account and would only become taxable under certain conditions, which management believed to be remote.  In 2004, Congress passed the American Jobs Creation Act of 2004 allowing certain tax-free distributions from the Policyholders&#146; Surplus Account during 2005 and 2006.  During 2006, the Company made a dividend distribution of $256.0, which eliminated the $17.2 balance in the Policyholders Surplus Account and, therefore, any potential tax on the accumulated balance.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>8.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Benefit Plans</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Defined Benefit Plan</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ING North America Insurance Corporation (&#147;ING North America&#148;) sponsors the ING Americas Retirement Plan (the &#147;Retirement Plan&#148;), effective as of December&nbsp;31, 2001.  Substantially all employees of ING North America and its affiliates (excluding certain employees) are eligible to participate, including the Company&#146;s employees other than Company agents.  The Retirement Plan is a tax-qualified defined benefit plan, the benefits of which are guaranteed (within certain specified legal limits) by the Pension Benefit Guaranty Corporation (&#147;PBGC&#148;). As of January 1, 2002, each participant in the Retirement Plan (except for certain specified employees) earns a benefit under a final average compensation formula. Subsequent to December&nbsp;31, 2001, ING North America is responsible for all Retirement Plan liabilities. The costs allocated to the Company for its
employees&#146; participation in the Retirement Plan were $17.2, $23.8, and $22.5, for 2007, 2006, and 2005, respectively, and are included in Operating expenses in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>101</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Defined Contribution Plan</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ING North America sponsors the ING Americas Savings Plan and ESOP (the &#147;Savings Plan&#148;).  Substantially all employees of ING North America and its affiliates (excluding certain employees, including but not limited to Career Agents) are eligible to participate, including the Company&#146;s employees other than Company agents. Career Agents are certain, full-time insurance salespeople who have entered into a career agent agreement with the Company and certain other individuals who meet specified eligibility criteria.  The Savings Plan is a tax-qualified profit sharing and stock bonus plan, which includes an employee stock ownership plan (&#147;ESOP&#148;) component. Savings Plan benefits are not guaranteed by the PBGC. The Savings Plan allows eligible</font><font size=2> </font><font size=2>participants to defer into the Savings Plan a specified percentage of eligible compensation
on a pre-tax basis.  ING North America matches such pre-tax contributions, up to a maximum of 6% of eligible compensation.  Matching contributions are subject to a 4-year graded vesting schedule (although certain specified participants are subject to a 5-year graded vesting schedule). All contributions made to the Savings Plan are subject to certain limits imposed by applicable law. Pre-tax charges to operations of the Company for the Savings Plan were $10.1</font><font size=2>, </font><font size=2>$9.7, and $8.9, for the years ended December 31, 2007, 2006, and 2005, respectively, and are included in Operating expenses in the Consolidated Statements of Operations.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Non-Qualified Retirement Plans</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Through December&nbsp;31, 2001, the Company, in conjunction with ING North America, offered certain eligible employees (other than Career Agents) a Supplemental Executive Retirement Plan and an Excess Plan (collectively, the &#147;SERPs&#148;).  Benefit accruals under the SERPs ceased, effective as of December&nbsp;31, 2001.  Benefits under the SERPs are determined based on an eligible employee&#146;s years of service and average annual compensation for the highest five years during the last ten years of employment.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company, in conjunction with ING North America, sponsors the Pension Plan for Certain Producers of ING Life Insurance and Annuity Company (formerly the Pension Plan for Certain Producers of Aetna Life Insurance and Annuity Company) (the &#147;Agents Non-Qualified Plan&#148;).  This plan covers certain full-time insurance salespeople who have entered into a career agent agreement with the Company and certain other individuals who meet the eligibility criteria specified in the plan (&#147;Career Agents&#148;).  The Agents Non-Qualified Plan was terminated effective January 1, 2002. In connection with the termination, all benefit accruals ceased and all accrued benefits were frozen.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>102</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The SERPs and Agents Non-Qualified Plan, are non-qualified defined benefit pension plans, which means all the SERPs benefits are payable from the general assets of the Company and Agents Non-Qualified Plan benefits are payable from the general assets of the Company and ING North America.  These non-qualified defined benefit pension plans are not guaranteed by the PBGC.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Obligations and Funded Status</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The following tables summarize the benefit obligations, fair value of plan assets, and funded status, for the SERPs and Agents Non-Qualified Plan, for the years ended December&nbsp;31, 2007 and 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="575" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="324" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Change&nbsp;in&nbsp;Projected&nbsp;Benefit&nbsp;Obligation:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Projected&nbsp;benefit&nbsp;obligation,&nbsp;January&nbsp;1</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>97.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>106.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;cost</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Benefits&nbsp;paid</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(9.3)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8.3)</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Actuarial&nbsp;loss&nbsp;on&nbsp;obligation</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(8.2)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(6.3)</font></p> </td> </tr>
    <tr style='height:13.5pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Projected&nbsp;benefit&nbsp;obligation,&nbsp;December&nbsp;31</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:13.5pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>85.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:13.5pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>97.7&nbsp;</font></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="324" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fair&nbsp;Value&nbsp;of&nbsp;Plan&nbsp;Assets:</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Fair&nbsp;value&nbsp;of&nbsp;plan&nbsp;assets,&nbsp;December&nbsp;31</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Amounts recognized in the Consolidated Balance Sheets consist of:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="583" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="335" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="94" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="94" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Accrued&nbsp;benefit&nbsp;cost</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(85.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(97.7)</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Intangible&nbsp;assets</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Accumulated&nbsp;other&nbsp;comprehensive&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.1&nbsp;</font></p> </td> </tr>
    <tr style='height:13.5pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;amount&nbsp;recognized</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:13.5pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(80.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:13.5pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:13.5pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(83.6)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>At December&nbsp;31, 2007 and 2006, the projected benefit obligation was $85.6 and $97.7, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Assumptions</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The weighted-average assumptions used in the measurement of the December&nbsp;31, 2007 and 2006 benefit obligation for the SERPs and Agents Non-Qualified Plan, were as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="567" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="376" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="376" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Discount&nbsp;rate&nbsp;at&nbsp;beginning&nbsp;of&nbsp;period</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>5.90%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>5.50%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="376" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Rate&nbsp;of&nbsp;compensation&nbsp;increase</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.20%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.00%</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>103</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In determining the discount rate assumption, the Company utilizes current market information provided by its plan actuaries (particularly the Citigroup Pension Discount Curve Liability Index), including a discounted cash flow analysis of the Company&#146;s pension obligation and general movements in the current market environment.  The discount rate modeling process involves selecting a portfolio of high quality, noncallable bonds that will match the cash flows of the Retirement Plan.  Based upon all available information, it was determined that 6.5% was the appropriate discount rate as of December&nbsp;31, 2007, to calculate the Company&#146;s accrued benefit liability.  Accordingly, as prescribed by SFAS No. 87, &#147;Employers&#146; Accounting for Pensions&#148;, the 6.5% discount rate will also be used to determine the Company&#146;s 2008 pension expense.  December&nbsp;31 is the
measurement date for the SERP&#146;s and Agents Non-Qualified Plan.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The weighted-average assumptions used in calculating the net pension cost were as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="572" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.0pt'>
        <td width="280" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="280" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Discount&nbsp;rate</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>6.50%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>5.90%</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>6.00%</font></p> </td> </tr>
    <tr style='height:12.75pt'>
        <td width="280" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Rate&nbsp;of&nbsp;increase&nbsp;in&nbsp;compensation&nbsp;levels</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.20%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.00%</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>4.00%</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The weighted average assumptions used in calculating the net pension cost for 2007 were, as indicated above, a 6.5% discount rate and a 4.2% rate of compensation increase.  Since the benefit plans of the Company are unfunded, an assumption for return on plan assets is not required.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Net Periodic Benefit Costs</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Net periodic benefit costs for the SERPs and Agents Non-Qualified Plan, for the years ended December&nbsp;31, 2007, 2006, and 2005, were as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="583" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="285" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Interest&nbsp;cost</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;actuarial&nbsp;loss&nbsp;recognized&nbsp;in&nbsp;the&nbsp;year</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Unrecognized&nbsp;past&nbsp;service&nbsp;cost&nbsp;recognized&nbsp;in&nbsp;the&nbsp;year</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>The&nbsp;effect&nbsp;of&nbsp;any&nbsp;curtailment&nbsp;or&nbsp;settlement</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;periodic&nbsp;benefit&nbsp;cost</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>8.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.8&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Cashflows</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In 2008, the employer is expected to contribute $5.5 to the SERPs and Agents Non-Qualified Plan.  Future expected benefit payments related to the SERPs, and Agents Non-Qualified Plan, for the years ended December&nbsp;31, 2008 through 2012, and thereafter through 2017, are estimated to be $5.5, $4.0, $4.0, $4.3, $4.4 and $21.1, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>104</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Other</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>On October 4, 2004, the President signed into law The Jobs Creation Act (&#147;Jobs Act&#148;).  The Jobs Act affects nonqualified deferred compensation plans, such as the Agents Nonqualified Plan.  ING North America will make changes to impacted nonqualified deferred compensation plans, as necessary to comply with the requirements of the Jobs Act.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Stock Option and Share Plans</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ING sponsors the ING Group Long Term Equity Ownership Plan (&#147;leo&#148;), which provides employees of the Company who are selected by the ING Board of Directors to be granted options and/or performance shares.  The terms applicable to an award under leo are set out in an award agreement, which is signed by the participant when he or she accepts the award.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Options granted under leo are nonqualified options on ING shares in the form of American Depository Receipts (&#147;ADRs&#148;).  Leo options have a ten (10) year term and vest three years from the grant date.  Options awarded under leo may vest earlier in the event of the participant&#146;s death, permanent disability or retirement.  Retirement for purposes of leo means a participant terminates service after attaining age 55 and completing 5 years of service.  Early vesting in all or a portion of a grant of options may also occur in the event the participant is terminated due to redundancy or business divestiture.  Unvested options are generally subject to forfeiture when a participant voluntarily terminates employment or is terminated for cause (as defined in leo).  Upon vesting, participants generally have up to seven years in which to exercise their vested options.  A shorter exercise
period applies in the event of termination due to redundancy, business divestiture, voluntary termination or termination for cause.  An option gives the recipient the right to purchase an ING share in the form of ADRs at a price equal to the fair market value of one ING share on the date of grant.  On exercise, participant&#146;s have three options (i) retain the shares and remit a check for applicable taxes due on exercise, (ii) request the administrator to remit a cash payment for the value of the options being exercised, less applicable taxes, or (iii) retain some of the shares and have the administrator liquidate sufficient shares to satisfy the participant&#146;s tax obligation. The share price is in Euros and converted to U.S. dollars, as determined by ING.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Awards of performance shares may also be made under leo.  Performance shares are a contingent grant of ING stock, and, on vesting, the participant has the right to receive a cash amount equal to the closing price per ING share on the Euronext Amsterdam Stock Market on the vesting date times the number of vested Plan shares.  Performance shares generally vest three years from the date of grant, with the amount payable based on ING&#146;s share price on the vesting date.  Payments made to participants on vesting are based on the performance targets established in connection with leo and payments can range from 0% to 200% of target.  Performance is based on ING&#146;s total shareholder return relative to a peer group as determined at the end of the vesting period.  To vest, a participant must be actively employed on the vesting date, although vesting will continue </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>105</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>to occur in the event of the participant&#146;s death, disability or retirement.  If a participant is terminated due to redundancy or business divestiture, vesting will occur but in only a portion of the award.  Unvested shares are generally subject to forfeiture when an employee voluntarily terminates employment or is terminated for cause (as defined in leo).  Upon vesting, participants have three options (i) retain the shares and remit a check for applicable taxes due on exercise, (ii) request the administrator to remit a cash payment for the value of the shares, less applicable taxes, or (iii) retain some of the shares and have the administrator liquidate sufficient shares to satisfy the participant&#146;s tax obligation.  The amount is converted from Euros to U.S. dollars based on the daily average exchange rate between the Euro and the U.S. dollar, as determined by ING.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company recognized compensation expense for the leo options and performance shares of $4.5, $10.1, and $5.6 for the years ended December&nbsp;31, 2007, 2006, and 2005 respectively.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>For leo, the Company recognized tax benefits of $3.2, $0.1, and $0.3 in 2007, 2006, and 2005, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Other Benefit Plans</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In addition, the Company, in conjunction with ING North America, sponsors the following benefit plans:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The ING 401(k) Plan for ILIAC Agents, which allows participants to defer a specified percentage of eligible compensation on a pre-tax basis.  Effective January&nbsp;1, 2006, the Company match equals 60% of a participant&#146;s pre-tax deferral contribution, with a maximum of 6% of the participant&#146;s eligible pay.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The Producers&#146; Incentive Savings Plan, which allows participants to defer up to a specified portion of their eligible compensation on a pre-tax basis.  The Company matches such pre-tax contributions at specified amounts.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The Producers&#146; Deferred Compensation Plan, which allows participants to defer up to a specified portion of their eligible compensation on a pre-tax basis.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Certain health care and life insurance benefits for retired employees and their eligible dependents. The post retirement health care plan is contributory, with retiree contribution levels adjusted annually. The life insurance plan provides a flat amount of noncontributory coverage and optional contributory coverage.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The benefit charges allocated to the Company related to these plans for the years ended December&nbsp;31, 2007, 2006, and 2005, were $0.4, $1.4, and $1.3, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>9.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Related Party Transactions</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Operating Agreements</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ILIAC has certain agreements whereby it generates revenues and expenses with affiliated entities, as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>106</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Investment Advisory agreement with ING Investment Management LLC (&#147;IIM&#148;), an affiliate, in which IIM provides asset management, administrative, and accounting services for ILIAC&#146;s general account.  ILIAC incurs a fee, which is paid quarterly, based on the value of the assets under management.  For the years ended December&nbsp;31, 2007, 2006, and 2005, expenses were incurred in the amounts of $60.5, $62.2, and $61.7, respectively.</font></p> </td> </tr></table>
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    <tr>
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Services agreement with ING North America for administrative, management, financial, and information technology services, dated January 1, 2001 and amended effective January 1, 2002.  For the years ended December&nbsp;31, 2007, 2006, and 2005, expenses were incurred in the amounts of $167.9, $175.3, and $138.5, respectively.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Services agreement between ILIAC and its U.S. insurance company affiliates dated January 1, 2001, and amended effective January 1, 2002 and December 31, 2007.  For the years ended December&nbsp;31, 2007, 2006, and 2005, net expenses related to the agreement were incurred in the amount of $21.7, $12.4, and $17.8, respectively.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Management and service contracts and all cost sharing arrangements with other affiliated companies are allocated in accordance with the Company&#146;s expense and cost allocation methods.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>DSL has certain agreements whereby it generates revenues and expenses with affiliated entities, as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Underwriting and distribution agreements with ING USA Annuity and Life Insurance Company (&#147;ING USA&#148;) and ReliaStar Life Insurance Company of New York (&#147;RLNY&#148;), affiliated companies, whereby DSL serves as the principal underwriter for variable insurance products.  In addition, DSL is authorized to enter into agreements with broker-dealers to distribute the variable insurance products and appoint representatives of the broker-dealers as agents.  For the years ended December 31, 2007, 2006, and 2005, commissions were collected in the amount of  $568.4, $429.2, and $378.1.  Such commissions are, in turn, paid to broker-dealers.  </font></p> </td> </tr></table>
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        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Services agreements with ING USA and RLNY, whereby DSL receives managerial and supervisory services and incurs a fee that is calculated as a percentage of average assets of each company&#146;s variable separate accounts deposited in ING Investors Trust.  On August 9, 2007, DSL and ING USA entered into an amendment to the service agreement effective July 31, 2007 to modify the method for calculating the compensation owed to ING USA under the service agreement.  As a result of this amendment, DSL pays ING USA the total net revenue associated with ING USA deposits into ING Investors Trust.  For the years ended December 31, 2007, 2006, and 2005, expenses were incurred under these services agreements in the amount of $124.4, $70.8, and $46.3, respectively.  </font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>107</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>


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        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Administrative and advisory services agreements with ING Investment LLC and IIM, affiliated companies, in which DSL receives certain services for a fee. The fee for these services is calculated as a percentage of average assets of ING Investors Trust. For the years ended December 31, 2007, 2006, and 2005, expenses were incurred in the amounts of $13.1, $8.8, and $6.4, respectively.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Investment Advisory and Other Fees</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>During 2006 and 2005, ILIAC served as investment advisor to certain variable funds offered in Company products (collectively, the &#147;Company Funds&#148;).  The Company Funds paid ILIAC, as investment advisor, daily fees that, on an annual basis, ranged, depending on the Fund, from 0.5% to 1.0% of their average daily net assets.  Each of the Company Funds managed by ILIAC were subadvised by investment advisors, in which case ILIAC paid a subadvisory fee to the investment advisors, which included affiliates.  Effective January 1, 2007, ILIAC&#146;s investment advisory agreement with the Company Funds was assigned to DSL.  ILIAC is also compensated by the separate accounts for bearing mortality and expense risks pertaining to variable life and annuity contracts.  Under the insurance and annuity contracts, the separate accounts pay ILIAC daily fees that, on an annual basis are, depending
on the product, up to 3.4% of their average daily net assets.  The total amount of compensation and fees received by the Company from the Company Funds and separate accounts totaled $312.7, $289.9, and $263.0, (excludes fees paid to ING Investment Management Co.) in 2007, 2006, and 2005, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>DSL has been retained by ING Investors Trust (the &#147;Trust&#148;), an affiliate, pursuant to a management agreement to provide advisory, management, administrative and other services to the Trust.  Under the management agreement, DSL provides or arranges for the provision of all services necessary for the ordinary operations of the Trust.  DSL earns a monthly fee based on a percentage of average daily net assets of the Trust.  DSL has entered into an administrative services subcontract with ING Fund Services, LLC, an affiliate, pursuant to which ING Fund Services, LLC, provides certain management, administrative and other services to the Trust and is compensated a portion of the fees received by DSL under the management agreement.  For the years ended December 31, 2007, 2006, and 2005, revenue received by DSL under the management agreement (exclusive of fees paid to affiliates) was
$343.8, $233.9, and $174.6, respectively.  At December 31, 2007 and 2006, DSL had $26.7 and $22.1, respectively, receivable from the Trust under the management agreement.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Financing Agreements</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ILIAC maintains a reciprocal loan agreement with ING AIH, an affiliate, to facilitate the handling of unanticipated short-term cash requirements that arise in the ordinary course of business.  Under this agreement, which became effective in June 2001 and expires on April 1, 2011, either party can borrow from the other up to 3% of ILIAC&#146;s statutory admitted assets as of the preceding December&nbsp;31.  Interest on any ILIAC borrowing is charged at the rate of ING AIH&#146;s cost of funds for the interest period, plus 0.15%.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>108</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Interest on any ING AIH borrowings is charged at a rate based on the prevailing interest rate of U.S. commercial paper available for purchase with a similar duration.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Under this agreement, ILIAC incurred interest expense of $3.9, $1.8, and $0.7, for the years ended December&nbsp;31, 2007, 2006, and 2005, respectively, and earned interest income of $1.7, $3.3, and $1.1, for the years ended December&nbsp;31, 2007, 2006, and 2005, respectively.  Interest expense and income are included in Interest expense and Net investment income, respectively, on the Consolidated Statements of Operations.  At December&nbsp;31, 2007, ILIAC had no amount due from ING AIH under the reciprocal loan agreement and $45.0 receivable from ING AIH at December 31, 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><font size=2>Note with Affiliate</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>On December 29, 2004, ING USA issued a surplus note in the principal amount of $175.0 (the &#147;Note&#148;) scheduled to mature on December 29, 2034, to ILIAC, in an offering that was exempt from the registration requirements of the Securities Act of 1933.  ILIAC&#146;s $175.0 Note from ING USA bears interest at a rate of 6.26% per year.  Any payment of principal and/or interest is subject to the prior approval of the Iowa Insurance Commissioner.  Interest is scheduled to be paid semi-annually in arrears on June 29 and December 29 of each year, commencing on June 29, 2005.  Interest income for the years ended December&nbsp;31, 2007 and 2006 was $11.1.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:10pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><i><b><font size=2>Tax Sharing Agreements</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Effective January 1, 2006, ILIAC is a party to a federal tax allocation agreement with ING AIH and its subsidiaries that are part of the ING AIH consolidated group.  Under the federal tax allocation agreement, ING AIH charges its subsidiaries for federal taxes each subsidiary would have incurred were it not a member of the consolidated group and credits each subsidiary for losses at the statutory federal tax rate.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>For the years ended December 31, 2006 and 2005, DSI, which merged with and into DSL on December 31, 2006, was party to the ING AIH federal tax allocation agreement, as described above.  Income from DSL, a single member limited liability company, is taxed at the member level (ILIAC).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ILIAC has also entered into a state tax sharing agreement with ING AIH and each of the specific subsidiaries that are parties to the agreement.  The state tax agreement applies to situations in which ING AIH and all or some of the subsidiaries join in the filing of a state or local franchise, income tax, or other tax return on a consolidated, combined, or unitary basis.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>109</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>10.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Financing Agreements</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ILIAC maintains a $100.0 uncommitted, perpetual revolving note facility with the Bank of New York ("BONY").  Interest on any of ILIAC&#146;s borrowing accrues at an annual rate equal to a rate quoted by BONY to ILIAC for the borrowing.  Under this agreement, ILIAC incurred minimal interest expense for the years ended December&nbsp;31, 2007, 2006, and 2005.  At December&nbsp;31, 2007 and 2006, ILIAC had no amounts outstanding under the revolving note facility.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ILIAC also maintains a $75.0 uncommitted line-of-credit agreement with PNC Bank (&#147;PNC&#148;), effective December 19, 2005.  Borrowings are guaranteed by ING AIH, with maximum aggregate borrowings outstanding at anytime to ING AIH and its affiliates of $75.0.  Interest on any of ILIAC&#146;s borrowing accrues at an annual rate equal to a rate quoted by PNC to ILIAC for the borrowing. Under this agreement, ILIAC incurred minimal interest expense for the years ended December&nbsp;31, 2007 and 2006. At December&nbsp;31, 2007 and 2006, ILIAC had no amounts outstanding under the line-of-credit agreement.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ILIAC also maintains $100.0 uncommitted line-of-credit agreement with Svenska Handelsbanken AB (Publ.), effective June 2, 2006. Borrowings are guaranteed by ING AIH, with maximum aggregate borrowings outstanding at anytime to ING AIH and its affiliates of $100.0.  Interest on any of the Company&#146;s borrowing accrues at an annual rate equal to the rate quoted by Svenska to the Company for the borrowing. Under this agreement, the Company incurred minimal interest expense for the year ended December&nbsp;31, 2007.  At December 31, 2007, ILIAC had no amounts outstanding under the line-of-credit agreement.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Also see Financing Agreements in the Related Party Transactions footnote.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>11.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Reinsurance</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>At December&nbsp;31, 2007, the Company had reinsurance treaties with 8 unaffiliated reinsurers covering a significant portion of the mortality risks and guaranteed death benefits under its variable contracts.  At December 31, 2007, the Company did not have any outstanding cessions under any reinsurance treaties with affiliated reinsurers.  The Company remains liable to the extent its reinsurers do not meet their obligations under the reinsurance agreements.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>On, October 1, 1998, the Company disposed of its individual life insurance business under an indemnity reinsurance arrangement with certain subsidiaries of Lincoln for $1.0 billion in cash.  Under the agreement, Lincoln contractually assumed from the Company certain policyholder liabilities and obligations, although the Company remains obligated to contractowners.  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.  </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>110</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company assumed $25.0 of premium revenue from Aetna Life, for the purchase and administration of a life contingent single premium variable payout annuity contract.  In addition, the Company is also responsible for administering fixed annuity payments that are made to annuitants receiving variable payments.  Reserves of $16.1 and $17.4 were maintained for this contract as of December&nbsp;31, 2007 and 2006, respectively.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Reinsurance ceded in force for life mortality risks were $20.9 billion and $22.4 billion at December&nbsp;31, 2007 and 2006, respectively.  At December&nbsp;31, 2007 and 2006, net receivables were comprised of the following:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="585" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="94" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="94" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Claims&nbsp;recoverable&nbsp;from&nbsp;reinsurers</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,595.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,727.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Payable&nbsp;for&nbsp;reinsurance&nbsp;premiums</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1.2)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Reinsured&nbsp;amounts&nbsp;due&nbsp;to&nbsp;reinsurer</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.5)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Reserve&nbsp;credits</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:44.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(10.8)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="348" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,594.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,715.4&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Premiums and Interest credited and other benefits to contractowners were reduced by the following amounts for reinsurance ceded for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="577" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="291" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="291" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deposits&nbsp;ceded&nbsp;under&nbsp;reinsurance</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>188.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:.75pt;text-indent:-.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>199.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>215.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="291" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premiums&nbsp;ceded&nbsp;under&nbsp;reinsurance</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="291" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Reinsurance&nbsp;recoveries</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>419.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>359.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>363.7&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>12.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Commitments and Contingent Liabilities</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Leases</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company leases certain office space and certain equipment under various operating leases, the longest term of which expires in 2014.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>For the years ended December&nbsp;31, 2007, 2006, and 2005, rent expense for leases was $17.7, $17.8, and $17.4, respectively.  The future net minimum payments under noncancelable leases for the years ended December&nbsp;31, 2008 through 2012 are estimated to be $4.6, $3.5, $2.4, $1.7, and $0.8, respectively, and $0.5,  thereafter.  The Company pays substantially all expenses associated with its leased and subleased office properties.  Expenses not paid directly by the Company are paid for by an affiliate and allocated back to the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>111</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Commitments</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Through the normal course of investment operations, the Company commits to either purchase or sell securities, commercial mortgage loans, or money market instruments, at a specified future date and at a specified price or yield. The inability of counterparties to honor these commitments may result in either a higher or lower replacement cost. Also, there is likely to be a change in the value of the securities underlying the commitments. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>At December&nbsp;31, 2007, the Company had off-balance sheet commitments to purchase investments equal to their fair value of $357.8, $226.6 of which was with related parties.  At December&nbsp;31, 2006, the Company had off-balance sheet commitments to purchase investments equal to their fair value of $706.8, $322.3 of which was with related parties.  During 2007 and 2006, $87.3 and $79.4, respectively, was funded to related parties under off-balance sheet commitments.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Financial Guarantees</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company owns a 3-year credit-linked note arrangement, whereby the Company will reimburse the guaranteed party upon payment default of the referenced obligation. Upon such default, the Company reimburses the guaranteed party for the loss under the reference obligation, and the Company receives that reference obligation in settlement. The Company can then seek recovery of any losses under the agreement by sale or collection of the received reference obligation. As of December 31, 2007, the maximum liability to the Company under the guarantee was $30.0.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Windsor Property Construction</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>During the second half of 2006, NWL entered into agreements for site development and facility construction at the Windsor Property (collectively, the "Construction Agreements").  Construction of the Windsor Property is complete, and costs incurred under the Construction Agreements and other agreements associated with the construction, acquisition, and development of the corporate office facility totaled $62.4 and $27.6 for the years ended December 31, 2007 and 2006, respectively.  These costs were capitalized in Property and equipment on the Consolidated Balance Sheets.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Litigation</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The Company is involved in threatened or pending lawsuits/arbitrations arising from the normal conduct of business.  Due to the climate in insurance and business litigation/arbitrations, suits against the Company sometimes include claims for substantial compensatory, consequential, or punitive damages, and other types of relief.  Moreover, certain claims are asserted as class actions, purporting to represent a group of similarly situated individuals.  While it is not possible to forecast the outcome of such lawsuits/arbitrations, in light of existing insurance, reinsurance, and established reserves, </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>112</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>it is the opinion of management that the disposition of such lawsuits/arbitrations will not have a materially adverse effect on the Company&#146;s operations or financial position.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><b><font size=2>Other Regulatory Matters</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Regulatory Matters</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>As with many financial services companies, the Company and its affiliates have received informal and formal requests for information from various state and federal governmental agencies and self-regulatory organizations in connection with inquiries and investigations of the products and practices of the financial services industry.  In each case, the Company and its affiliates have been and are providing full cooperation.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Insurance and Retirement Plan Products and Other Regulatory Matters</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Federal and state regulators, and self-regulatory agencies, are conducting broad inquiries and investigations involving the insurance and retirement industries.  These initiatives currently focus on, among other things, compensation, revenue sharing, and other sales incentives; potential conflicts of interest; potential anti-competitive activity; reinsurance; sales and marketing practices (including sales to seniors); specific product types (including group annuities and indexed annuities); and disclosure.  It is likely that the scope of these industry investigations will further broaden before they conclude.  The Company and certain of its U.S. affiliates have received formal and informal requests in connection with such investigations, and are cooperating fully with each request for information.  Some of these matters could result in regulatory action involving the Company.  These
initiatives also may result in new legislation and regulation that could significantly affect the financial services industry, including businesses in which the Company is engaged.  In light of these and other developments, U.S. affiliates of ING, including the Company, periodically review whether modifications to their business practices are appropriate.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><i><font size=2>Investment Product Regulatory Issues</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Since 2002, there has been increased governmental and regulatory activity relating to mutual funds and variable insurance products.  This activity has primarily focused on inappropriate trading of fund shares; directed brokerage; compensation; sales practices, suitability, and supervision; arrangements with service providers; pricing; compliance and controls; adequacy of disclosure; and document retention.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>In addition to responding to governmental and regulatory requests on fund trading issues, ING management, on its own initiative, conducted, through special counsel and a national accounting firm, an extensive internal review of mutual fund trading in ING insurance, retirement, and mutual fund products. The goal of this review was to identify any instances of inappropriate trading in those products by third parties or by ING investment professionals and other ING personnel.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>113</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>The internal review identified several isolated arrangements allowing third parties to engage in frequent trading of mutual funds within the variable insurance and mutual fund products of certain affiliates of the Company, and identified other circumstances where frequent trading occurred despite measures taken by ING intended to combat market timing. Each of the arrangements has been terminated and disclosed to regulators, to the independent trustees of ING Funds (U.S.) and in Company reports previously filed with the Securities and Exchange Commission (&#147;SEC&#148;) pursuant to the Securities Exchange Act of 1934, as amended.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Action may be taken with respect to certain ING affiliates before investigations relating to fund trading are completed.  The potential outcome of such action is difficult to predict but could subject certain affiliates to adverse consequences, including, but not limited to, settlement payments, penalties, and other financial liability.  It is not currently anticipated, however, that the actual outcome of any such action will have a material adverse effect on ING or ING&#146;s U.S.-based operations, including the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>ING has agreed to indemnify and hold harmless the ING Funds from all damages resulting from wrongful conduct by ING or its employees or from ING&#146;s internal investigation, any investigations conducted by any governmental or self-regulatory agencies, litigation or other formal proceedings, including any proceedings by the SEC.  Management reported to the ING Funds Board that ING management believes that the total amount of any indemnification obligations will not be material to ING or ING&#146;s U.S.-based operations, including the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:.0001pt'><font size=2>&nbsp;</font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:.0001pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>114</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>13.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Accumulated Other Comprehensive Income (Loss)</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Shareholder&#146;s equity included the following components of Accumulated other comprehensive income (loss) as of December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="571" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="248" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses):</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(64.5)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(44.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(18.0)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>18.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>DAC/VOBA&nbsp;adjustment&nbsp;on&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="248" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>7.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>5.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Sales&nbsp;inducements&nbsp;adjustment&nbsp;on&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="248" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premium&nbsp;deficiency&nbsp;reserve&nbsp;adjustment</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(37.5)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(23.6)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;allocation&nbsp;to&nbsp;experience-rated&nbsp;contracts</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(16.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(52.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(48.6)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Unrealized&nbsp;capital&nbsp;gains&nbsp;(losses),&nbsp;before&nbsp;tax</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(34.5)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(6.8)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;income&nbsp;tax&nbsp;asset&nbsp;(liability)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>12.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(10.3)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Asset&nbsp;valuation&nbsp;allowance</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(6.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(28.8)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(4.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>6.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Pension&nbsp;liability,&nbsp;net&nbsp;of&nbsp;tax</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(9.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(11.6)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Accumulated&nbsp;other&nbsp;comprehensive</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>(loss)&nbsp;income&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(33.8)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(14.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5.3)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Net unrealized capital gains (losses) allocated to experience-rated contracts of $(16.4) and $(52.4) at December&nbsp;31, 2007 and 2006, respectively, are reflected on the Consolidated Balance Sheets in Future policy benefits and claims reserves and are not included in Shareholder&#146;s equity.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>115</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>Changes in Accumulated other comprehensive income (loss), net of DAC, VOBA, and tax (excluding the tax valuation allowance), related to changes in unrealized capital gains (losses) on securities, including securities pledged and excluding those related to experience-rated contracts, were as follows for the years ended December&nbsp;31, 2007, 2006, and 2005.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="575" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="258" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(19.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(26.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(500.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(11.8)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(5.5)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>DAC/VOBA&nbsp;adjustment&nbsp;on&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1.2)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Sales&nbsp;inducements&nbsp;adjustment&nbsp;on&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>available-for-sale&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premium&nbsp;deficiency&nbsp;reserve&nbsp;adjustment</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(13.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(23.6)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1.5)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(0.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;allocation&nbsp;to&nbsp;experience-rated&nbsp;contracts</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>36.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3.8)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(406.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Unrealized&nbsp;capital&nbsp;gains&nbsp;(losses),&nbsp;before&nbsp;tax</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(27.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(23.4)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(108.4)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;income&nbsp;tax&nbsp;asset&nbsp;(liability)</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:42.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>9.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>12.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>30.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;change&nbsp;in&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(18.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="80" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(10.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(77.5)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="575" style=' margin-left:36.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="299" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2005</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Net&nbsp;unrealized&nbsp;capital&nbsp;holding&nbsp;gains&nbsp;(losses)&nbsp;arising&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>during&nbsp;the&nbsp;year</font><font size=1><sup>&nbsp;(1)</sup></font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="64" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:21.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(66.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="64" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:21.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(43.6)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="64" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:21.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(38.2)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Less:&nbsp;reclassification&nbsp;adjustment&nbsp;for&nbsp;gains&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>(losses)&nbsp;and&nbsp;other&nbsp;items&nbsp;included&nbsp;in&nbsp;Net&nbsp;income</font><font size=1><sup>(2)</sup></font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:21.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(48.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:21.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(32.9)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>39.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;change&nbsp;in&nbsp;unrealized&nbsp;capital&nbsp;gains&nbsp;(losses)&nbsp;on&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:21.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(18.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:21.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(10.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="64" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:21.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(77.5)</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>
<sup>&nbsp;</sup>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1><sup>(1)</sup></font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>Pretax unrealized holding gains (losses) arising during the year were $(102.9), $(95.4), and $(53.4), for the years ended December&nbsp;31, 2007, 2006, and 2005, respectively.</font></p> </td> </tr></table>
</div>

<sup>&nbsp;</sup>
<sup>&nbsp;</sup>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1><sup>(2)</sup></font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>Pretax reclassification adjustments for gains (losses) and other items included in Net income were $(75.2), $(72.0), and $55.0, for the years ended December&nbsp;31, 2007, 2006, and 2005, respectively.</font></p> </td> </tr></table>
</div>

<sup>&nbsp;</sup>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:.0001pt'><font size=2>&nbsp;</font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:.0001pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>
</p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>116</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><b><font size=2>Notes to Consolidated Financial Statements</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amount in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;border-top:solid 0.5pt;padding-top:1;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><b>14.</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Changes to Prior Years Presentation</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>During 2007, the Company identified $43.1 in unreconciled net liabilities. While the correction of this error is not material to the prior period financial statements, correction of the error through the current period income statement would be material to the 2007 Statements of Operations.  In accordance with the guidance provided in SEC Staff Accounting Bulletin (&#147;SAB&#148;) Topic IN, &#147;Financial Statements - Considering the Effects of Prior Year Misstatements When Quantifying Misstatements in Current Year Financial Statements&#148; (&#147;SAB 108&#148;), the Company has restated the prior period financial statements to correct this error by adjusting January 1, 2005 Retained earnings and December 31, 2006 DAC, VOBA, Future policy benefits and claims reserves, Other liabilities, and Deferred taxes as follows:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="575" style=' margin-left:.5in;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="180" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Previously</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="180" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Reported</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Adjustment</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Restated</font></b></p> </td> </tr>
    <tr style='height:6.0pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="180" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:6.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.0pt'>
        <td  nowrap colspan="9" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>January&nbsp;1,&nbsp;2005</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.0pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Retained&nbsp;earnings&nbsp;(net&nbsp;of&nbsp;tax)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1,877.1)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>28.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1,849.1)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;shareholder's&nbsp;equity&nbsp;(net&nbsp;of&nbsp;tax)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,759.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>28.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,787.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="180" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>December&nbsp;31,&nbsp;2006</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;policy&nbsp;acquisition&nbsp;cost</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>623.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(1.0)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>622.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Value&nbsp;of&nbsp;business&nbsp;acquired</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,342.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(2.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,340.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="6" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;assets</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="180" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>68,486.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(3.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>68,482.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="180" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="9" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Future&nbsp;policy&nbsp;benefits&nbsp;and&nbsp;claims&nbsp;reserves</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,995.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(11.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>$&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>19,984.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="8" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;liabilities</font></p> </td>
        <td width="180" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>406.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(35.1)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>371.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="7" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Deferred&nbsp;taxes</font></p> </td>
        <td width="19" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="180" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>246.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>15.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>261.1&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="7" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;liabilities</font></p> </td>
        <td width="19" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="180" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>65,500.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(31.7)</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="79" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>65,486.6&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>117</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><B><font SIZE=2>QUARTERLY DATA (UNAUDITED)</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>(Dollar amounts in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="603" style=' border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="31" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=1>2007</font></b></p> </td>
        <td width="215" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="67" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>First</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Second</font></b></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Third</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="68" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fourth</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>579.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>594.9&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>601.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>676.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Income&nbsp;(loss)&nbsp;before&nbsp;income&nbsp;taxes&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>100.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>115.8&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>85.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(27.9)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Income&nbsp;tax&nbsp;expense&nbsp;(benefit)</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>28.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>33.6&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>22.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(28.4)</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>72.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>82.2&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>63.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:34.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.5&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="31" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="215" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="31" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=1>2006</font></b></p> </td>
        <td width="215" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>First*</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Second*</font></b></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Third*</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Fourth</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Total&nbsp;revenue</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>532.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>551.2&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>548.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>597.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Income&nbsp;before&nbsp;income&nbsp;taxes&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>80.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>116.9&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>84.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>142.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Income&nbsp;tax&nbsp;expense</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:right;margin-top:0pt;margin-bottom:0pt'><font size=2>21.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>34.2&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>16.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>50.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Net&nbsp;income</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="69" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>58.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>82.7&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>67.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="71" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>92.6&nbsp;</font></p> </td> </tr>
    <tr style='height:5.1pt'>
        <td width="31" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="215" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:5.1pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="31" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="215" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="69" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="15" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="71" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="13" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>*Amounts&nbsp;have&nbsp;been&nbsp;restated&nbsp;to&nbsp;reflect&nbsp;the&nbsp;contribution&nbsp;of&nbsp;Directed&nbsp;Services,&nbsp;Inc.&nbsp;on&nbsp;December&nbsp;1,&nbsp;2006.&nbsp;&nbsp;See&nbsp;the&nbsp;"Organization</font></p> </td> </tr>
    <tr style='height:10.5pt'>
        <td  nowrap colspan="13" valign=bottom style=' padding:.75pt .75pt 0in .75pt;height:10.5pt'>
            <p style='margin-left:0pt;text-indent:4.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>and&nbsp;Significant&nbsp;Accounting&nbsp;Policies"&nbsp;footnote&nbsp;for&nbsp;further&nbsp;information&nbsp;regarding&nbsp;the&nbsp;contribution.</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>118</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in; text-indent:-0.75in;text-align:justify;'>
<b><font size=2><a name="item9"></a></font></b></p>


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    <tr>
        <td width="72" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 9.</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="changesinanddisagreements"></a>Changes in and Disagreements With Accountants on Accounting and Financial Disclosure</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>None.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item9a"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 9A.</font></b></p> </td>
        <td  valign=top style='padding:0in 0in 10.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="controlsandprocedures"></a>Controls and Procedures</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Evaluation of Disclosure Controls and Procedures</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The Company carried out an evaluation, under the supervision and with the participation of its management, including its Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company&#146;s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (&#147;Exchange Act&#148;)) as of the end of the period covered by this report.  Based on that evaluation, the Chief Executive Officer and the Chief Financial Officer have concluded that the Company&#146;s current disclosure controls and procedures are effective in ensuring that material information relating to the Company required to be disclosed in the Company&#146;s periodic SEC filings is made known to them in a timely manner.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><i><font size=2>Management&#146;s Report on Internal Control Over Financial Reporting</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) for the Company.  The Company&#146;s internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the consolidated financial statements of the Company in accordance with U.S. generally accepted accounting principles.  The Company&#146;s internal control over financial reporting includes those policies and procedures that:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company;</font></p> </td> </tr></table>
</div>



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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures are being made only in accordance with authorizations of the Company&#146;s management and directors; and</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font face=Wingdings>&sect;</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>provide reasonable assurance regarding the prevention or timely detection of unauthorized acquisition, use, or disposition of assets that could have a material effect on the financial statements.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.  Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>119</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Management has assessed the effectiveness of the Company&#146;s internal control over financial reporting as of December 31, 2007.  In making its assessment, management has used the criteria set forth in &#147;Internal Control &#150; Integrated Framework&#148; issued by the Committee of Sponsoring Organizations of the Treadway Commission.  Based upon its assessment, management has concluded that the Company&#146;s internal control over financial reporting was effective as of December 31, 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>This annual report does not include an attestation report of the Company&#146;s registered public accounting firm regarding internal control over financial reporting.  Management&#146;s report was not subject to attestation by the Company&#146;s registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit the Company to provide only management&#146;s report in this annual report.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><i><font size=2>Changes in Internal Control Over Financial Reporting</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>There has not been any change in the internal controls over financial reporting of the Company that occurred during the period covered by this report that has materially affected or is reasonably likely to materially affect these internal controls.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item9b"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 9B.</font></b></p> </td>
        <td  valign=top style='padding:0in 0in 10.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="otherinformation"></a>Other Information</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>None.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>120</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<b><font size=2><a name="partiii"></a></font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>PART III</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>
<a name="item10"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 10.</font></b></p> </td>
        <td width="413" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="directorsandexecutive"></a>Directors, Executive Officers, and Corporate Governance</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Omitted pursuant to General Instruction I(2) of Form 10-K, except with respect to compliance with Sections 406 and 407 of the Sarbanes-Oxley Act of 2002.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>a)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Code of Ethics for Financial Professionals</font></u></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in;text-align:justify;'><font size=2>The Company has approved and adopted a Code of Ethics for Financial Professionals (which was filed as Exhibit 14 to the Company&#146;s Form 10-K, as filed with the Securities and Exchange Commission on March 29, 2004, File No. 033-23376), pursuant to the requirements of Section 406 of the Sarbanes-Oxley Act of 2002.  Any waiver of the Code of Ethics will be disclosed by the Company by way of a Form 8-K filing.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.25in;text-align:justify;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>b)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Designation of Board Financial Expert</font></u></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in;text-align:justify;'><font size=2>The Company has designated David A. Wheat, Director, Executive Vice President and Chief Financial Officer of the Company, as its Board Financial Expert, pursuant to the requirements of Section 407 of the Sarbanes-Oxley Act of 2002.  Because the Company is not subject to the requirements of Exchange Act Rule 10A-3, it does not have any outside directors sitting on its board.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item11"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 11.</font></b></p> </td>
        <td width="188" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="executivecompensation"></a>Executive Compensation</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Omitted pursuant to General Instruction I(2) of Form 10-K.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item12"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 12.</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="securityownership"></a>Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Omitted pursuant to General Instruction I(2) of Form 10-K.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>
<a name="item13"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 13.</font></b></p> </td>
        <td width="517" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="certainrelationships"></a>Certain Relationships, Related Transactions, and Director Independence</font></b></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Omitted pursuant to General Instruction I(2) of Form 10-K.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>121</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<b><font size=2><a name="item14"></a></font></b></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 14.</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="principaaccountant"></a>Principal Accounting Fees and Services</font></b></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>(Dollar amounts in millions, unless otherwise stated)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In 2007 and 2006, Ernst &amp; Young LLP (&#147;Ernst &amp; Young&#148;) served as the principal external auditing firm for ING, including ILIAC.  ING subsidiaries, including ILIAC, are allocated Ernst &amp; Young fees attributable to services rendered by Ernst &amp; Young to each subsidiary.  Ernst &amp; Young fees allocated to the Company for the years ended December&nbsp;31, 2007 and 2006 are detailed below, along with a description of the services rendered by Ernst &amp; Young to the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>


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<table border="0" cellspacing=0 cellpadding=0 width="551" style=' margin-left:54.75pt;border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="92" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="92" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Audit&nbsp;fees</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Audit-related&nbsp;fees</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Tax&nbsp;fees</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>*</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>*</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>All&nbsp;other&nbsp;fees</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>*</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:59.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>*</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.5&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="307" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>*Less&nbsp;than&nbsp;$0.1.</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Audit Fees</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Fees for audit services include fees associated with professional services rendered by the auditors for the audit of the annual financial statements of the Company and review of the Company&#146;s interim financial statements.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Audit-related Fees</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>Audit-related fees were allocated to ILIAC for assurance and related services that are reasonably related to the performance of the audit or review of the financial statements and are not reported under the audit fee item above.  These services consisted primarily of the audit of SEC product filings.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Tax Fees</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>There were minimal tax fees allocated to ILIAC in 2007 and 2006.  Tax fees allocated to ILIAC were primarily for tax compliance and accounting for income taxes.  These services consist of tax compliance, including the review of tax disclosures and proper completion of tax forms, assistance with questions regarding tax audits, and tax planning and advisory services relating to common forms of domestic taxation (i.e., income tax and capital tax).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><i><font size=2>All Other Fees</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>There were minimal fees allocated to ILIAC in 2007and 2006 under the category &#147;all other fees.&#148;  Other fees allocated to ILIAC under this category typically include fees paid for products and services other than the audit fees, audit-related fees, and tax fees described above, and consist primarily of non-recurring support and advisory services.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>122</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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</p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><b><font size=2>Pre-approval Policies and Procedures</font></b></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>ILIAC has adopted the pre-approval policies and procedures of ING. Audit, audit-related, and non-audit, services provided to the Company by ING&#146;s independent auditors are pre-approved by ING&#146;s audit committee.  Pursuant to ING&#146;s pre-approval policies and procedures, the ING audit committee is required to pre-approve all services provided by ING&#146;s independent auditors to ING and its affiliates, including the Company.  The ING pre-approval policies and procedures distinguish five types of services:  (1) audit services, (2) audit-related services, (3) tax services, (4) other services that are not audit, audit-related, tax, or prohibited services, and (5) prohibited services (as described in the Sarbanes-Oxley Act).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>The ING pre-approval procedures consist of a general pre-approval procedure and a specific pre-approval procedure.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>General Pre-approval Procedure</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>ING&#146;s audit committee pre-approves audit, audit-related, tax, and other, services to be provided by ING&#146;s external audit firms on an annual basis.  The audit committee also sets the maximum annual amount for such pre-approved services.  Throughout the year, ING&#146;s audit committee receives from ING&#146;s external audit firms an overview of all services provided, including related fees and supported by sufficiently detailed information.  ING&#146;s audit committee evaluates this overview periodically on a retrospective basis during the year.  Additionally, ING&#146;s external audit firms and Corporate Audit Services monitor the amounts paid versus the pre-approved amounts throughout the year.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><i><font size=2>Specific Pre-approval Procedure</font></i></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In addition to the general pre-approval procedures, each proposed independent auditor engagement that is expected to generate fees in excess of the pre-approved amounts, must be approved by the audit committee after recommendation of local management on a case-by-case basis.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>In 2007 and 2006, 100% of each of the audit-related services, tax services, and all other services were pre-approved by ING&#146;s audit committee.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.75in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>123</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in; text-indent:-1.12in;text-align:center;'><b><font size=2><a name="partiv"></a></font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in; text-indent:-1.12in;text-align:center;'><B><font SIZE=2>PART IV</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in; text-indent:-1.12in;text-align:left;'><font size=2>&nbsp;</font></p>
<a name="item15"></a>&nbsp;


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Item 15.</font></b></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2><a name="exhibitsfinancialstatementsschedules"></a>Exhibits, Financial Statement Schedules </font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1.12in; text-indent:-1.12in;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="36" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(a) </font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The following documents are filed as part of this report:</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Financial statements. See Item 8. on page 61.</font></p> </td> </tr></table>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2.</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Financial statement schedules.  See Index to Consolidated Financial Statement Schedules on page 125.</font></p> </td> </tr></table>
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    <tr>
        <td width="108" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="24" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3.</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Exhibits.  See Exhibit Index on page 130.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>124</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.08in;text-align:center;'><b><font size=2><a name="indextoconsolidatedfinancialstatement"></a>Index to Consolidated Financial Statement Schedules</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.08in;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.08in;text-align:center;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="625" style=' border-collapse:collapse'>
    <tr>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Page</font></b></u></p> </td> </tr>
    <tr>
        <td width="31" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="516" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Report&nbsp;of&nbsp;Independent&nbsp;Registered&nbsp;Public&nbsp;Accounting&nbsp;Firm</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>126</font></p> </td> </tr>
    <tr>
        <td width="31" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="516" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="31" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>I.</font></p> </td>
        <td width="516" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Summary&nbsp;of&nbsp;Investments&nbsp;-&nbsp;Other&nbsp;than&nbsp;Investments&nbsp;in&nbsp;Affiliates&nbsp;as&nbsp;of</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="31" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="516" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>December&nbsp;31,&nbsp;2007</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>127</font></p> </td> </tr>
    <tr>
        <td width="31" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="516" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="31" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>IV.</font></p> </td>
        <td width="516" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Reinsurance&nbsp;Information&nbsp;as&nbsp;of&nbsp;and&nbsp;for&nbsp;the&nbsp;years&nbsp;ended</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="31" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="516" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>December&nbsp;31,&nbsp;2007,&nbsp;2006,&nbsp;and&nbsp;2005</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>128</font></p> </td> </tr>
    <tr>
        <td width="31" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="516" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Schedules&nbsp;other&nbsp;than&nbsp;those&nbsp;listed&nbsp;above&nbsp;are&nbsp;omitted&nbsp;because&nbsp;they&nbsp;are&nbsp;not&nbsp;required</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>or&nbsp;not&nbsp;applicable.</font></p> </td>
        <td width="78" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>125</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=3>Report of Independent Registered Public Accounting Firm</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The Board of Directors</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>ING Life Insurance and Annuity Company</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>We have audited the consolidated financial statements of ING Life Insurance and Annuity Company as of December&nbsp;31, 2007 and 2006, and for each of the three years in the period ended December&nbsp;31, 2007, and have issued our report thereon dated March 25, 2008.  Our audits also included the financial statement schedules listed in Item 15.  These schedules are the responsibility of the Company&#146;s management.  Our responsibility is to express an opinion based on our audits.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>In our opinion, the financial statement schedules referred to above, when considered in relation to the basic financial statements taken as a whole, present fairly, in all material respects, the information set forth therein.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:right;'><font size=2>Ernst &amp; Young LLP</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Atlanta, Georgia</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>March 25, 2008</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>Schedule I </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>Summary of Investments &#150; Other than Investments in Affiliates</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>As of December&nbsp;31, 2007</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(In millions)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="89" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Amount</font></b><font size=2>&nbsp;</font></p> </td> </tr>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="300" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Shown</font></b><font size=2>&nbsp;</font><b><font size=2>on</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="300" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Consolidated</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="4" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><b><font size=2>Type</font></b><font size=2>&nbsp;</font><b><font size=2>of</font></b><font size=2>&nbsp;</font><b><font size=2>Investments</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Cost</font></b><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Value*</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Balance</font></b><font size=2>&nbsp;</font><b><font size=2>Sheets</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="4" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Fixed&nbsp;maturities,&nbsp;available-for-sale:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;Treasuries</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>11.9&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>U.S.&nbsp;government&nbsp;agencies&nbsp;and&nbsp;authorities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:54.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.6&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>State,&nbsp;municipalities,&nbsp;and&nbsp;political&nbsp;subdivisions</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>66.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>64.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:49.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>64.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Public&nbsp;utilities&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,049.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,044.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,044.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Other&nbsp;U.S.&nbsp;corporate&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,855.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,836.0&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>3,836.0&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Foreign&nbsp;securities</font><font size=1>&nbsp;<sup>(1)</sup></font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,335.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,335.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,335.2&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Residential&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,146.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,184.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>4,184.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Commercial&nbsp;mortgage-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,927.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,885.7&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1,885.7&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td  nowrap colspan="3" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;asset-backed&nbsp;securities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>924.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>888.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>888.3&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:1.5pt;text-indent:-1.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Total&nbsp;fixed&nbsp;maturities,&nbsp;available-for-sale,&nbsp;including&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="300" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:.75pt;text-indent:-.75pt;text-align:left;margin-top:1.0pt;margin-bottom: 0in'><font size=2>securities&nbsp;pledged&nbsp;to&nbsp;creditors</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,314.9&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>14,250.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="300" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Equity&nbsp;securities,&nbsp;available-for-sale</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>440.1&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>446.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="300" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mortgage&nbsp;loans&nbsp;on&nbsp;real&nbsp;estate</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,089.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,099.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:37.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>2,089.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="4" valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Policy&nbsp;loans</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>273.4&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="4" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Other&nbsp;investments</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>808.4&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>838.8&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:45.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>838.8&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;investments&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,926.2&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="72" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:15.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,908.3&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="95" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:32.25pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>17,898.4&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="389" style=' border-collapse:collapse'>
    <tr>
        <td width="19" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>*</font></p> </td>
        <td width="370" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>See Notes 2 and 3 of Notes to Consolidated Financial Statements.</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
<sup>&nbsp;</sup>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
    <tr>
        <td width="18" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2><sup>(1)</sup></font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>The term &#147;foreign&#148; includes foreign governments, foreign political subdivisions, foreign public utilities, and all other bonds of foreign issuers. Substantially all of the Company&#146;s foreign securities are denominated in U.S. dollars.</font></p> </td> </tr></table>
</div>

<sup>&nbsp;</sup>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.25in; text-indent:-0.25in;text-align:center;'><font size=2>127</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=3>ING Life Insurance and Annuity Company and Subsidiaries</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>Schedule IV</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>Reinsurance Information</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>As of and for the years ended December&nbsp;31, 2007, 2006, and 2005</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(In millions)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="601" style=' border-collapse:collapse'>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="61" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Percentage</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:2.25pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>of</font></b><font size=2>&nbsp;</font><b><font size=2>Assumed</font></b><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Gross</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Ceded</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Assumed</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Net</font></b></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>to</font></b><font size=2>&nbsp;</font><b><font size=2>Net</font></b></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Year</font></b><font size=2>&nbsp;</font><b><font size=2>Ended</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b><font size=2>&nbsp;</font><b><font size=2>2007</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Life&nbsp;insurance&nbsp;in&nbsp;force</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:7.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20,379.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:7.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>20,938.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>559.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NM</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premiums:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Life</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Accident&nbsp;and&nbsp;health&nbsp;insurance</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Annuities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>45.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;premiums</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>47.0&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:double black 2.25pt;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>46.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.5pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Year</font></b><font size=2>&nbsp;</font><b><font size=2>Ended</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b><font size=2>&nbsp;</font><b><font size=2>2006</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Life&nbsp;insurance&nbsp;in&nbsp;force</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:7.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>21,844.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:7.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>22,450.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:19.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>605.9&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NM</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premiums:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Accident&nbsp;and&nbsp;health&nbsp;insurance</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Annuities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.3&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;premiums</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.8&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>37.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Year</font></b><font size=2>&nbsp;</font><b><font size=2>Ended</font></b><font size=2>&nbsp;</font><b><font size=2>December</font></b><font size=2>&nbsp;</font><b><font size=2>31,</font></b><font size=2>&nbsp;</font><b><font size=2>2005</font></b></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Life&nbsp;insurance&nbsp;in&nbsp;force</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:7.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>24,151.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:7.5pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>24,151.5&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>0.0%</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Premiums:</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:.75pt;text-indent:-.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Accident&nbsp;and&nbsp;health&nbsp;insurance</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="195" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>Annuities</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:solid black .5pt;padding:.75pt .75pt 0in .75pt;height: 12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: solid black .5pt;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>43.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='background: #FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>Total&nbsp;premiums</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="62" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43.6&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:30.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>0.4&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style=' border-bottom:double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:36.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>-&nbsp;&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='border-bottom: double black 2.25pt;background:#FFCC99;padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>$</font></p> </td>
        <td width="63" nowrap valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:double black 2.25pt;border-right:none; background:#FFCC99;padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:24.75pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>43.2&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='background:#FFCC99; padding:.75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:1.5pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr style='height:12.95pt'>
        <td  nowrap colspan="2" valign=bottom style='padding: .75pt .75pt 0in .75pt;height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>NM&nbsp;-&nbsp;Not&nbsp;meaningful</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="62" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="12" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="63" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="10" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="75" nowrap valign=bottom style='padding:.75pt .75pt 0in .75pt; height:12.95pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>128</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2><a name="signatures"></a>SIGNATURES</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="632" style=' margin-left:.4pt;border-collapse:collapse'>
    <tr >
        <td width="266" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>March 25, 2008</font></u></p>
<p style='margin-left:0pt;text-indent:27.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(Date)</font></p> </td>
        <td  colspan="2" valign=bottom >
            <p style='margin-left:0pt;text-indent:33.0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><u><font size=2>ING&nbsp;Life&nbsp;Insurance&nbsp;and&nbsp;Annuity&nbsp;Company</font></u></p>
<p style='margin-left:0pt;text-indent:.5in;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>(Registrant)</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td  width="2">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr>
        <td width="266" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'>&nbsp;</p> </td>
        <td width="51" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'><font size=2>By: /s/</font></p> </td>
        <td width="313" valign=bottom style='border-bottom: solid black .75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>David A. Wheat</font></p> </td>
        <td width="2" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:1.0pt;margin-bottom:0pt'>&nbsp;</p> </td> </tr>
    <tr>
        <td width="266" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'>&nbsp;</p> </td>
        <td width="51" valign=bottom >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'>&nbsp;</p> </td>
        <td width="313" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>David&nbsp;A.&nbsp;Wheat</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>Executive&nbsp;Vice&nbsp;President&nbsp;and</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>Chief&nbsp;Financial&nbsp;Officer</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=1>(Duly&nbsp;Authorized&nbsp;Officer&nbsp;and&nbsp;Principal&nbsp;Financial&nbsp;Officer)</font></p> </td>
        <td width="2" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'>&nbsp;</p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on or before March 25, 2008.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="612" style=' margin-left:.45in;border-collapse:collapse'>
    <tr>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><b><font size=2>Signatures</font></b></p>
<p  align=center style='text-align:center;text-indent:0in; '><font size=2>&nbsp;</font></p>
<p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><b><font size=2>Title</font></b></p>
<p  align=center style='text-align:center;text-indent:0in'><font size=2>&nbsp;</font></p>
<p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>/s/</font></p> </td>
        <td width="216" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>David&nbsp;A.&nbsp;Wheat</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='margin-top:1.0pt;text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:.1pt;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0in'><font size=2>Director, Executive Vice President and</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='border-top:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>David&nbsp;A.&nbsp;Wheat</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=2>Chief Financial Officer</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>/s/</font></p> </td>
        <td width="216" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Bridget M. Healy</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='margin-top:1.0pt;text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-top:1.0pt;text-align:center; text-indent:0in'><font size=2>Director</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Bridget M. Healy</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>/s/</font></p> </td>
        <td width="216" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Robert G. Leary</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='margin-top:1.0pt;text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-top:1.0pt;text-align:center; text-indent:0in'><font size=2>Director</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Robert G. Leary</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>/s/</font></p> </td>
        <td width="216" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Thomas&nbsp;J.&nbsp;McInerney</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='margin-top:1.0pt;text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-top:1.0pt;text-align:center; text-indent:0in'><font size=2>Director and Chairman</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Thomas&nbsp;J.&nbsp;McInerney</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>/s/</font></p> </td>
        <td width="216" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Kathleen&nbsp;A.&nbsp;Murphy</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='margin-top:1.0pt;text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-top:1.0pt;text-align:center; text-indent:0in'><font size=2>Director</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Kathleen&nbsp;A.&nbsp;Murphy</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>/s/</font></p> </td>
        <td width="216" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Catherine&nbsp;H.&nbsp;Smith</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='margin-top:1.0pt;text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-top:1.0pt;text-align:center; text-indent:0in'><font size=2>Director</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Catherine&nbsp;H.&nbsp;Smith</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>/s/</font></p> </td>
        <td width="216" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Brian&nbsp;D.&nbsp;Comer</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='margin-top:1.0pt;text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-top:1.0pt;text-align:center; text-indent:0in'><font size=2>President</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Brian&nbsp;D.&nbsp;Comer</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>/s/</font></p> </td>
        <td width="216" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Steven T. Pierson</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='margin-top:1.0pt;text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:0in'><font size=2>Senior Vice President and</font></p> </td> </tr>
    <tr>
        <td width="36" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="216" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in; '><font size=2>Steven T. Pierson</font><u></u></p> </td>
        <td width="50" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  style='text-indent:0in'><font size=1>&nbsp;</font></p> </td>
        <td width="310" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='text-align:center;text-indent:0in'><font size=2>Chief Accounting Officer</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>129</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="648" style=' margin-left:5.4pt;border-collapse:collapse'>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'><U><B><font SIZE=2>ING LIFE INSURANCE AND ANNUITY COMPANY</font></B></U><u></u></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'><U><B><font SIZE=2>FORM 10-K FOR FISCAL YEAR ENDED DECEMBER 31, 2007</font></B></U><u></u></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p align=center style='margin:0in;margin-bottom:.0001pt;text-align:center'><u><b><font size=2>Exhibit Index</font></b></u></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><u><b><font size=2>Exhibit Number</font></b></u></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><u><b><font size=2>Description of Exhibit</font></b></u></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>3.1+</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Certificate of Incorporation as amended and restated October 1, 2007.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>3.2+</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Amended and Restated ING Life Insurance and Annuity Company By-Laws, effective October 1, 2007.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.1</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 33-75964), as filed on July&nbsp;29, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.2</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-75980), as filed on February&nbsp;12, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.3</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 33-75964), as filed on February&nbsp;11, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.4</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 5 to Registration Statement on Form N-4 (File No. 33-75986), as filed on April&nbsp;12, 1996.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.5</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February&nbsp;4, 1999.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.6</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 4 to Registration Statement on Form N-4 (File No. 33-75988), as filed on April&nbsp;15, 1996.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.7</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 33-81216), as filed on April&nbsp;17, 1996.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.8</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 33-91846), as filed on April&nbsp;15, 1996.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.9</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-91846), as filed on August&nbsp;6, 1996.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.10</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Registration Statement on Form N-4 (File No. 333-01107), as filed on February&nbsp;21, 1996.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.11</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 33-75982), as filed on February&nbsp;20, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.12</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 33-75992), as filed on February&nbsp;13, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.13</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-75974), as filed on February&nbsp;28, 1997.</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>130</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="648" style=' margin-left:5.4pt;border-collapse:collapse'>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.14</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-75962), as filed on April&nbsp;17, 1996.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.15</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 33-75962), as filed on April&nbsp;17, 1998.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.16</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-75982), as filed on April&nbsp;22, 1996. </font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.17</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 33-75980), as filed on August&nbsp;19, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.18</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Registration Statement on Form N-4 (File No. 333-56297), as filed on June&nbsp;8, 1998.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.19</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 33-79122), as filed on August&nbsp;16, 1995.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.20</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 32 to Registration Statement on Form N-4 (File No. 33-34370), as filed on December&nbsp;16, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.21</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 30 to Registration Statement on Form N-4 (File No. 33-34370), as filed on September&nbsp;29, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.22</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 26 to Registration Statement on Form N-4 (File No. 33-34370), as filed on February&nbsp;21, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.23</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 35 to Registration Statement on Form N-4 (File No. 33-34370), as filed on April&nbsp;17, 1998.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.24</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 33-87932), as filed on September&nbsp;19, 1995.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.25</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 33-79122), as filed on April&nbsp;17, 1998.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.26</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 33-79122), as filed on April&nbsp;22, 1997.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.27</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 21 to Registration Statement on Form N-4 (File No. 33-75996), as filed on February&nbsp;16, 2000.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.28</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 13 to Registration Statement on Form N-4 (File No. 333-01107), as filed on April&nbsp;7, 1999.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.29</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 37 to Registration Statement on Form N-4 (File No. 33-34370), as filed on April&nbsp;9, 1999.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>131</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<HR noshade align="center" width="100%" size="2">
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="648" style=' margin-left:5.4pt;border-collapse:collapse'>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.30</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 333-87305), as filed on December&nbsp;13, 1999.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.31</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 18 to Registration Statement on Form N-4 (File No. 33-56297), as filed on August&nbsp;30, 2000.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.32</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No.17 to Registration Statement on Form N-4 (File No. 33-75996), as filed on April&nbsp;7, 1999.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.33</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 19 to Registration Statement on From N-4 (File No. 333-01107), as filed on February&nbsp;16, 2000.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.34</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to the Registration Statement on Form S-2 (File No. 33- 64331), as filed on November&nbsp;16, 1995.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.35</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Pre-Effective Amendment No. 2 to the Registration Statement on Form S-2 (File No. 33-64331), as filed on January&nbsp;17, 1996.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.36</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 30 to Registration Statement on Form N-4 (File No. 33-75988), as filed on December&nbsp;30, 2003.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.37</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 18 to Registration Statement on Form N-4 (File No. 33-75980), as filed on April&nbsp;16, 2003.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.38</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 30 to Registration Statement on Form N-4 (File No. 333-01107), as filed on April&nbsp;10, 2002.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.39</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 24 to Registration Statement on Form N-4 (File No. 33-81216), as filed on April&nbsp;11, 2003.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.40</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Registration Statement on Form N-4 (File No. 333-109860), as filed on October&nbsp;21, 2003.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.41</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 39 to Registration Statement on Form N-4 (File No. 33-75962), as filed on December&nbsp;17, 2004.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.42</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Initial Registration Statement on Form N-4 (File No. 333-130822), as filed on January 3, 2006.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.43</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 333-87131), as filed on December 15, 1999.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.44</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Registration Statement on Form N-4 (File No. 33-59749), as filed on June 1, 1995.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.45</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 4 to Registration Statement on Form N-4 (File No. 33-59749), as filed on April 16, 1997.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.46</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 9 to Registration Statement on Form N-4 (File No. 33-80750), as filed on April 17, 1998.</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>132</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="648" style=' margin-left:5.4pt;border-collapse:collapse'>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.47</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 33-80750), as filed on April 23, 1997.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.48</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-59749), as filed on November 26, 1997.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.49</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Registration Statement on Form S-2 (File No. 33-63657), as filed on October 25, 1995.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.50</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Pre-Effective Amendment No. 3 to Registration Statement on Form S-2 (File No. 33-63657), as filed on January 17, 1996.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.51</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form S-2 (File No. 33-63657), as filed on November 24, 1997.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.52</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form S-2 (File No. 33-64331), as filed on November 24, 1997.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.53</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-59749), as filed on November 26, 1997.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.54</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Registration Statement on Form N-4 (File No. 33-59749), as filed on June 1, 1995.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>4.55</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Incorporated by reference to Post-Effective Amendment No. 4 to Registration Statement on Form N-4 (File No. 33-59749), as filed on April 16, 1997.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.1</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Tax Sharing Agreement, dated as of December 13, 2000, among Aetna Inc. renamed Lion, Aetna U.S. Healthcare, Inc. renamed Aetna Inc. and ING America Insurance Holdings, Inc., incorporated by reference to the Company&#146;s Form 10-K filed on March 30, 2001 (File No. 33-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.2 </font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Lease Agreement, dated as of December 13, 2000, by and between Aetna Life Insurance Company and ILIAC, incorporated by reference to the Company&#146;s Form 10-K filed on March 30, 2001 (File No. 33-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.3 </font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Real Estate Services Agreement, dated as of December 13, 2000, between Aetna Inc. and ILIAC, incorporated by reference to the Company&#146;s Form 10-K filed on March 30, 2001 (File No. 33-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.4</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Tax Sharing Agreement between ILIAC and ING Insurance Company of America, effective January 1, 2001, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.5</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Tax Sharing Agreement between ILIAC, ING America Insurance Holdings, Inc. and affiliated companies, effective January 1, 2001, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>133</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<!-- EEDocs PBEnd-->

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="648" style=' margin-left:5.4pt;border-collapse:collapse'>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.6</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Investment Advisory Agreement between ILIAC and ING Investment Management LLC, dated March 31, 2001, as amended effective January 1, 2003, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.7</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Reciprocal Loan Agreement between ILIAC and ING America Insurance Holdings, Inc., effective June 1, 2001, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.8</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Services Agreement between ILIAC and the affiliated companies listed in Exhibit B to the Agreement, dated as of January 1, 2001, as amended effective January 1, 2002, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.9</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Services Agreement between ILIAC and ING North America Insurance Corporation, dated as of January 1, 2001, as amended effective January 1, 2002, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.10</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Services Agreement between ILIAC and ING Financial Advisers, LLC., effective June 1, 2002, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.11</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Administrative Services Agreement between ILIAC, ReliaStar Life Insurance Company of New York and the affiliated companies specified in Exhibit A to the Agreement, effective March 1, 2003, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.12</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>First Amendment to the Administrative Services Agreement between ILIAC, RLNY and the affiliated companies specified in Exhibit A to the Agreement, effective as of August 1, 2004, incorporated by reference to the Company&#146;s Form 10-K filed on March 31, 2005 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.13</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Amendment to Investment Advisory Agreement between ILIAC and ING Investment Management LLC, effective October 14, 2003, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.14</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Surplus Note for $175,000,000 aggregate principal amount, dated December 29, 2004 issued by ING USA Annuity and Life Insurance Company to its affiliate, ILIAC, incorporated by reference to the Company&#146;s Form 10-K filed on March&nbsp;31, 2005 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.15</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Joinder Number 2006-1 to Tax Sharing Agreement, dated January 20, 2006, between ILIAC and ING America Insurance Holdings, Inc. and its subsidiaries, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2006 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>134</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<!-- EEDocs PBStart-->
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
<!-- EEDocs PBEnd-->

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="648" style=' margin-left:5.4pt;border-collapse:collapse'>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.16</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Amendment Number 2006-1 to Services Agreement, dated as of September 11, 2006, between ILIAC and ING North America Insurance Corporation, incorporated by reference to the Company&#146;s Form 10-Q filed on November 13, 2006 (File No. 033-22376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.17</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>First Amendment, dated August 14, 2006, to Lease Agreement, dated as of December 13, 2000, between Aetna Life Insurance Company and ILIAC, incorporated by reference to the Company&#146;s Form 10-Q filed on November 13, 2006 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.18</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Second Amendment, dated October 13, 2006, to the Lease Agreement, dated as of December 13, 2000, between Aetna Life Insurance Company and ILIAC, incorporated by reference to the Company&#146;s Form 10-K filed on April 2, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.19</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Agreement A1A document A111-1997 Standard Form of Agreement between Owner and Contractor, as modified, dated September 6, 2006 between Northfield Windsor LLC and John Moriarty &amp; Associates, Inc., incorporated by reference to the Company&#146;s Form 8-K filed on September 11, 2006 (File/Film No. 033-23376/061083829).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.20</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Form of Agreement, titled Assurance of Discontinuance Pursuant to Executive Law Sec. 63(15), between the Attorney General of the State of New York and ING Life Insurance and Annuity Company dated October 10, 2006, incorporated by reference to the Company&#146;s Form 8-K filed on October 11, 2006 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>10.21</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Form of Agreement, titled Consent Agreement among the State of New Hampshire, Department of State, Bureau of Securities Regulation, ING Life Insurance and Annuity Company, and ING Financial Advisors, LLC dated October 10, 2006, incorporated by reference to the Company&#146;s Form 8-K filed on October 11, 2006 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.22+</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Amendment Number 2007-1 to Reciprocal Loan Agreement, dated as of December 31, 2007, between ILIAC and ING America Insurance Holdings, Inc.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.23+</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Amendment Number 2007-1 to Services Agreement, dated as of December 31, 2007, between ILIAC and affiliated insurance companies listed on Exhibit B to the Agreement.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.24</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Administrative Services Agreement, dated as of October 1, 1998, among Aetna Life Insurance and Annuity Company (nka ILIAC), Aetna Life Insurance Company and The Lincoln National Life Insurance Company, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.25</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Administrative Services Agreement, dated as of October 1, 1998, among Aetna Life Insurance and Annuity Company (nka ILIAC), Aetna Life Insurance Company and Lincoln Life &amp; Annuity Company of New York, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>135</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="648" style=' margin-left:5.4pt;border-collapse:collapse'>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.26</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Coinsurance Agreement, dated as of October 1, 1998, between Aetna Life Insurance and Annuity Company (nka ILIAC) and The Lincoln National Life Insurance Company, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.27</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Coinsurance Agreement, dated as of October 1, 1998, between Aetna Life Insurance and Annuity Company (nka ILIAC) and Lincoln Life &amp; Annuity Company of New York, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p>
<p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.28</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Modified Coinsurance Agreement, dated as of October 1, 1998, between Aetna Life Insurance and Annuity Company (nka ILIAC) and The Lincoln National Life Insurance Company, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).  </font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.29</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Modified Coinsurance Agreement, dated as of October 1, 1998, between Aetna Life Insurance and Annuity Company (nka ILIAC) and Lincoln Life &amp; Annuity Company of New York, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.30</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Assignment and Assumption Agreement, dated as of March 19, 2007, effective as of March 1, 2007, between ILIAC, The Lincoln National Life Insurance Company and Lincoln Life &amp; Annuity Company of New York, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.31</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Amendment No. 1 to Coinsurance Agreement, effective March 1, 2007, between ILIAC and Lincoln Life &amp; Annuity Company of New York, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.32</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Amendment No. 1 to Coinsurance Agreement, effective March 1, 2007, between ILIAC and Lincoln Life &amp; Annuity Company of New York, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.33</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Grantor Trust Agreement, dated as of March 19, 2007 and effective as of March 1, 2007, among ILIAC, Lincoln Life &amp; Annuity Company of New York and The Bank of New York, incorporated by reference to the Company&#146;s Form 10-Q filed on May 15, 2007 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>10.34<sup>+</sup></font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Services Agreement, effective as of January 1, 1994 and dated March 7, 1995, as amended March 7, 1995 and as amended July 31, 2007, between Golden American Life Insurance Company (nka ING USA Annuity and Life Insurance Company) &amp; Directed Services Inc. (nka Directed Services LLC).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt'><font size=2>14.</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>ING Code of Ethics for Financial Professionals, incorporated by reference to the Company&#146;s Form 10-K filed on March 29, 2004 (File No. 033-23376).</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>31.1<sup>+</sup></font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Certificate of David A. Wheat pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</font></p> </td> </tr>
    <tr style='height:.15in'>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt; height:.15in'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify;line-height: 10.8pt'><font size=2>&nbsp;</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>136</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="648" style=' margin-left:5.4pt;border-collapse:collapse'>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>31.2<sup>+</sup></font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Certificate of Brian D. Comer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>32.1<sup>+</sup></font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Certificate of David A. Wheat pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=1>&nbsp;</font></p> </td> </tr>
    <tr>
        <td width="84" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>32.2<sup>+</sup></font></p> </td>
        <td width="564" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin:0in;margin-bottom:.0001pt;text-align:justify'><font size=2>Certificate of Brian D. Comer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</font></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='padding:0in 5.4pt 0in 5.4pt'> <p><font size=2><sup>+</sup> Filed herewith.</font></p> </td> </tr></table>
            </div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>137</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<page>
<A name="page_1"></A>

<P align="right">
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Exhibit 31.1</FONT></B></P>
<P align="center">
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFICATION</FONT></B></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">I, </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">David A. Wheat</FONT><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">, certify that:</FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">I have reviewed this annual report on Form 10-K of ING Life Insurance and Annuity Company;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect to the period covered by this report;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this report;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The registrant&#146;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating
to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">c)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls
and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">d)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal quarter (the
registrant&#146;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The registrant&#146;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#146;s
auditors and the audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions):</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
registrant&#146;s ability to record, process, summarize and report financial information; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control over financial
reporting.</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR></TABLE>
<TABLE border=0 cellspacing=1 cellpadding=0>
<TR valign="top">
	<TD width=14%><P><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date:</FONT></P>
<P><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: /s/</FONT></P>

	</TD>
	<TD width=85% colspan=1><P><U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">March 25, 2008</FONT></U></P>
<P><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">David A. Wheat David A. Wheat</FONT></P>

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=14% nowrap>
&nbsp;
	</TD>
	<TD align=left width=85% nowrap>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Executive Vice President and Chief Financial Officer</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=center width=99% colspan=2>
<FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Duly Authorized Officer and Principal Financial Officer)</FONT>
	</TD>
</TR>
</TABLE><BR>

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<page>
<A name="page_2"></A>

<P align="right">
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Exhibit 31.2</FONT></B></P>
<P align="center">
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFICATION</FONT></B></P>
<P align="left">
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">I, Brian D. Comer, certify that:</FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">1.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">I have reviewed this annual report on Form 10-K of ING Life Insurance and Annuity Company;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">2.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect to the period covered by this report;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">3.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this report;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">4.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The registrant&#146;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating
to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">c)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls
and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">d)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal quarter (the
registrant&#146;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">5.</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100% colspan=2>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The registrant&#146;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#146;s
auditors and the audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions):</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">a)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
registrant&#146;s ability to record, process, summarize and report financial information; and</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD nowrap valign=top>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">b)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control over financial
reporting.</FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR></TABLE>
<TABLE border=0 cellspacing=1 cellpadding=0>
<TR valign="top">
	<TD width=18%><P><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Date:</FONT></P>
<P><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: /s/</FONT></P>

	</TD>
	<TD width=81% colspan=1><P><U><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">March 25, 2008</FONT></U></P>
<P><FONT size=2 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Brian D. Comer Brian D. Comer President</FONT></P>
<P><FONT size=1 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Duly Authorized Officer and Principal Officer)</FONT></P>

	</TD>
</TR>
</TABLE><BR>

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<A name="page_3"></A>
<P align=right><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Exhibit 32.1</FONT></B></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFICATION</FONT></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to 18 U.S.C. &#167;1350, the undersigned officer of </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>ING Life Insurance and Annuity Company</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(the &#147;Company&#148;) hereby certifies that, to the officer&#146;s knowledge, the Company&#146;s Annual Report</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">on Form 10-K for the year ended December 31, 2007 (the &#147;Report&#148;) fully complies with the</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">requirements of Section 13 or 15(d), as applicable, of the Securities Exchange Act of 1934 and</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">that the information contained in the Report fairly presents, in all material respects, the financial</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">condition and results of operations of the Company.</FONT></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="31%"><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">March 25, 2008</FONT></U> </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=right width="26%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: /s/</FONT> </TD>
     <TD width="2%">&nbsp; </TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">David A. Wheat</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="31%">&nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Date)</FONT> </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">David A. Wheat</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="31%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Executive Vice President and</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="31%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="26%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="37%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Chief Financial Officer</FONT> </TD></TR></TABLE><BR>
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<A name="page_4"></A>
<P align=right><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Exhibit 32.2</FONT></B></P>
<P align=center><B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">CERTIFICATION</FONT></B></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to 18 U.S.C. &#167;1350, the undersigned officer of </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif" size=2>ING Life Insurance and Annuity Company</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(the &#147;Company&#148;) hereby certifies that, to the officer&#146;s knowledge, the Company&#146;s Annual Report</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">on Form 10-K for the year ended December 31, 2007 (the &#147;Report&#148;) fully complies with the</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">requirements of Section 13 or 15(d), as applicable, of the Securities Exchange Act of 1934 and</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">that the information contained in the Report fairly presents, in all material respects, the financial</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">condition and results of operations of the Company. </FONT></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD noWrap align=left width="35%"><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">March 25, 2008</FONT></U> </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=right width="33%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">By: /s/</FONT> </TD>
     <TD width="2%">&nbsp; </TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=center width="27%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Brian D. Comer</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="35%">&nbsp; &nbsp; &nbsp; &nbsp;<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(Date)</FONT> </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="33%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="27%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Brian D. Comer</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left width="35%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=left width="33%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD noWrap align=center width="27%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">President</FONT> </TD></TR></TABLE><BR>
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<P align="center">
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">PART II</FONT></B></P>
<P align="center">
<B><FONT face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">INFORMATION NOT REQUIRED IN PROSPECTUS</FONT></B></P>
<P align="left">
<U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 13. Other Expenses of Issuance and Distribution </FONT></U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Not Applicable </FONT><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 14. Indemnification of Directors and Officers</FONT></U></P>
<P align="left">
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Section 33-779 of the Connecticut General Statutes ("CGS") provides that a corporation may provide indemnification of or advance expenses to a director, officer, employee or agent only as
permitted by Sections 33-770 to 33-778, inclusive, of the Connecticut General Statutes, as amended by Sections 12 to 20, inclusive, of the CGS. Reference is hereby made to Section 33-771(e) of the CGS regarding indemnification of directors and
Section 33-776(d) of CGS regarding indemnification of officers, employees and agents of Connecticut corporations. These statutes provide in general that Connecticut corporations incorporated prior to January 1, 1997 shall, except to the extent that
their certificate of incorporation expressly provides otherwise, indemnify their directors, officers, employees and agents against "liability" (defined as the obligation to pay a judgment, settlement, penalty, fine, including an excise tax assessed
with respect to an employee benefit plan, or reasonable expenses incurred with respect to a proceeding) when (1) a determination is made pursuant to Section 33-775 that the party seeking indemnification has met the standard of conduct set forth in
Section 33-771 or (2) a court has determined that indemnification is appropriate pursuant to Section 33-774. Under Section 33-775, the determination of and the authorization for indemnification are made (a) by two or more disinterested directors, as
defined in Section 33-770(3); (b) by special legal counsel; (c) by the shareholders; or (d) in the case of indemnification of an officer, agent or employee of the corporation, by the general counsel of the corporation or such other officer(s) as the
board of directors may specify. Also, Section 33-772 with Section 33-776 provide that a corporation shall indemnify an individual who was wholly successful on the merits or otherwise against reasonable expenses incurred by him in connection with a
proceeding to which he was a party because he is or was a director, officer, employee, or agent of the corporation. Pursuant to Section 33-771(d), in the case of a proceeding by or in the right of the corporation or with respect to conduct for which
the director, officer, agent or employee was adjudged liable on the basis that he received a financial benefit to which he was not entitled, indemnification is limited to reasonable expenses incurred in connection with the proceeding against the
corporation to which the individual was named a party.</FONT></P>
<P align="left">
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Section 33-777 of the statute does specifically authorize a corporation to procure indemnification insurance on behalf of an individual who was a director, officer, employee or agent of the
corporation. Consistent with the statute, ING Groep N.V. maintains an umbrella insurance policy with an international insurer. The policy covers ING Groep N.V. and any company in which ING Groep N.V. has controlling interest of 50% or more. This
would encompass the principal underwriter as well as the depositor. The policy provides for the following types of coverage: errors and omissions, directors and officers, employment practices, fiduciary and fidelity.</FONT></P>

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<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Section 20 of the ING Financial Advisers, LLC Limited Liability Company Agreement executed as of November 28, 2000 provides that ING Financial Advisers, LLC will indemnify certain persons against any loss, damage, claim or expenses (including legal fees) incurred by such person if he is made a party or is threatened to be made a party to a suit or proceeding because he was a member, officer, director, employee or agent of ING Financial Advisers, LLC, as long as he acted in good faith on behalf of ING Financial Advisers, LLC and in a manner reasonably believed to be within the scope of his authority. An additional condition requires that no person shall be entitled to indemnity if his loss, damage, claim or expense was incurred by reason of his gross negligence or willful misconduct. This indemnity provision is authorized by and is consistent with Title 8, Section 145 of the General Corporation Law of the State of Delaware.</FONT></P>
<P align=left><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 15. Recent Sales of Unregistered Securities</FONT></U></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Not Applicable</FONT></P>
<P align=left><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 16. Exhibits and Financial Statement Schedules</FONT></U></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(a)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Furnish the exhibits as required by Item 601 of Regulation S-K (&#167;229.601):</FONT> </TD></TR>
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     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(3) (a) Restated Certificate of Incorporation (amended and restated as of January 1,</FONT> </TD></TR>
<TR>
     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">2002) of ING Life Insurance and Annuity Company (formerly Aetna Life Insurance and Annuity Company) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183;</FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif"> Incorporated by reference to ING Life Insurance and Annuity Company annual report on Form 10-K (File No. 033-23376), as filed on March 28, 2002.</FONT></P>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(b)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Amended and Restated By-Laws of ING Life Insurance and Annuity Company, effective January 1, 2005 </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to the ILIAC 10-Q, as filed on May 13, 2005 (File No. 033-23376, Accession No.</FONT> </TD></TR>
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     <TD colSpan=2>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">0001047469-05-014783).</FONT> </TD></TR>
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     <TD colSpan=2>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing=0 cellPadding=0 border=0>
<TR>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(4)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%" colSpan=2><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Instruments Defining the Rights of Security Holders </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form S-1 (File No.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD width="100%" colSpan=2><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">033-60477), as filed on April 15, 1996.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(a)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA-HF) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 033-75964), as filed on July 29, 1997.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(b)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (GTCC-HF) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75980), as filed on February 12, 1997.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(c)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GIT-CDA-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(d)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA-IA(RP)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 5 to the Registration Statement on Form N- 4 (File No. 033-75986), as filed on April 12, 1996.</FONT> </TD></TR>
<TR>
     <TD colSpan=3>&nbsp;</TD></TR>
<TR>
     <TD>&nbsp;</TD>
     <TD vAlign=top noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(e)</FONT>&nbsp; &nbsp; &nbsp; </TD>
     <TD width="100%"><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (GTCC-IA(RP)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 11 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 4, 1999.</FONT> </TD></TR>
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     <TD colSpan=3>&nbsp;</TD></TR></TABLE>
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<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(f)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA(12/99)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(g)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (C-CDA(12/99)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(h)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GLIT-CDA-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(i)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GST-CDA-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(j)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (IP-CDA-IB) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 4 to Registration Statement on Form N-4 (File No. 033-75988), as filed on April 15, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(k)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (I-CDA-IA(RP)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 5 to the Registration Statement on Form N- 4 (File No. 033-75986), as filed on April 12, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(l)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (I-CDA-HD) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(m)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GIH-CDA-HB) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75980), as filed on February 12, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(n)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (IMT-CDA-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75980), as filed on February 12, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(o)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-401-IB(X/M)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-81216), as filed on April 7, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(p)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA-IB(XC/SM)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-81216), as filed on April 7, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(q)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contracts (G-CDA-IB(ATORP)) and (G-CDA- IB(AORP)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-91846), as filed on April 15, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(r)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA-96(TORP)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-91846), as filed on August 6, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(s)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Group Combination Annuity Contract (Nonparticipating) (A001RP95) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Registration Statement on Form N-4 (File No.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">333-01107), as filed on February 21, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>

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<TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(t)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Group Combination Annuity Contract (Nonparticipating) (A007RC95) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Registration Statement on Form N-4 (File No.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">333-01107), as filed on February 21, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(u)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Group Combination Annuity Certificate (Nonparticipating) (A020RV95) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Registration Statement on Form N-4 (File No.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">333-01107), as filed on February 21, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(v)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Group Combination Annuity Certificate (Nonparticipating) (A027RV95) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Registration Statement on Form N-4 (File No.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD>	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">333-01107), as filed on February 21, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(w)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GID-CDA-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 033-75982), as filed on February 20, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(x)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GSD-CDA-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 033-75982), as filed on February 20, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(y)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (IST-CDA-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 033-75992), as filed on February 13, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(z)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (I-CDA-HD(XC)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 033-75992), as filed on February 13, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(aa)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (HR1O-DUA-GIA) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75974), as filed on February 28, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(bb)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GA-UPA-GO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75974), as filed on February 28, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(cc)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contracts (G-TDA-HH(XC/M)) and (G-TDA-HH(XC/S)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75962), as filed on April 17, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(dd)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Certificate (GTCC-HH(XC/M)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 033-75962), as filed on April 17, 1998.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(ee)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Certificate (GTCC-HH(XC/S)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 033-75962), as filed on April 17, 1998.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(ff)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (IA-CDA-IA) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 033-75964), as filed on July 29, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(gg)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GLID-CDA-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 033-75982), as filed on February 20, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(hh)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA-HD) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75982), as filed on April 22, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>

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<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(ii)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (GTCC-HD) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated
by reference to Post-Effective Amendment No. 11 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 4, 1999.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(jj)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA-IA(RPM/XC)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(kk)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contracts and Certificate (G-CDA-95(ORP)), (G-CDA-95(TORP)) and (GTCC-95 (ORP)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-91846), as filed on April 15, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(ll)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contracts and Certificate (G-CDA-ORP), (CDA- IB(TORP)) and (GTCC-95(TORP)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post- Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-91846), as filed on April 15, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(mm)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (IRA-CDA-IC) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 5 to the Registration Statement on Form N- 4 (File No. 033-75986), as filed on April 12, 1996.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(nn)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (GIP-CDA-HB) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 033-75980), as filed on August 19, 1997.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(oo)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (I-CDA-98(ORP)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 11 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 4, 1999.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(pp)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA-99(NY)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(qq)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (C-CDA-99(NY)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(rr)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (GDCC-HF) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated
by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(ss)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (GDCC-HD) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated
by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(tt)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract (G-CDA-HD(XC) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(uu)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (GDCC-HO) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated
by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR><TR>
	<TD nowrap valign=top>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(vv)</FONT>&nbsp; &nbsp; &nbsp; 	</TD>
	<TD width=100%>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Variable Annuity Contract Certificate (GDCC-HD(XC)) </FONT><FONT face="SymbolMT,Times New Roman,Times,serif">&#183; </FONT><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Incorporated by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>	</TD>
</TR>
<TR><TD colspan=2>&nbsp;</TD></TR></TABLE>

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<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(ww)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract Certificate (GTCC-HD(XC)) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>reference to Post-Effective Amendment No. 19 to Registration Statement on</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="98%" colSpan=5><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(xx)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract Certificate (GTCC-HO) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>reference to Post-Effective Amendment No. 19 to Registration Statement on</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="98%" colSpan=5><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(yy)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract Certificate (GTCC-96(ORP)) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>reference to Post-Effective Amendment No. 19 to Registration Statement on</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="98%" colSpan=5><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(zz)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract G-CDA-96(ORP)) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by reference</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>to Post-Effective Amendment No. 19 to Registration Statement on Form N-</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>4 (File No. 333-01107), as filed on February 16, 2000.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(a1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract Certificate (GTCC-96(TORP)) </FONT><FONT face="Times &#13;&#10;New Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>reference to Post-Effective Amendment No. 19 to Registration Statement on</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="98%" colSpan=5><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(b1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract Certificate (GTCC-IB(ATORP)) </FONT><FONT face="Times &#13;&#10;New Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>by reference to Post-Effective Amendment No. 19 to Registration Statement</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>on Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(c1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract Certificate (GTCC-IB(AORP) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>reference to Post-Effective Amendment No. 19 to Registration Statement on</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="98%" colSpan=5><FONT face="Times New Roman" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Form N-4 (File No. 333-01107), as filed on February 16, 2000.</FONT> </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(d1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract (ISE-CDA-HO) </FONT><FONT face="Times New Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by reference to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Post-Effective Amendment No. 21 to Registration Statement on Form N-4</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>(File No. 033-75996), as filed on February 16, 2000.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(e1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract (G-CDA-IB(ORP)) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by reference</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>to Post-Effective Amendment No. 3 to Registration Statement on Form N-4</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>(File No. 033-91846), as filed on April 15, 1996.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(f1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract (G-CDA-IB(TORP)) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by reference</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>to Post-Effective Amendment No. 3 to Registration Statement on Form N-4</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>(File No. 033-91846), as filed on April 15, 1996.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(g1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract (G-CDA-01(NY)) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by reference to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Post-Effective Amendment No. 1 to Registration Statement on Form S-2</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>(File No. 333-60016), as filed on April 5, 2002.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(h1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Variable Annuity Contract Certificate (C-CDA-01(NY)) </FONT><FONT face="Times New &#13;&#10;Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>reference to Post-Effective Amendment No. 1 to Registration Statement on</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Form S-2 (File No. 333-60016), as filed on April 5, 2002.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%"><FONT face="Times New Roman" size=2>(5)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="91%" colSpan=3><FONT face="Times New Roman" size=2>Opinion re Legality</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%"><FONT face="Times New Roman" size=2>(10)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="91%" colSpan=3><FONT face="Times New Roman" size=2>Material contracts are listed under Item 15 in the Company's Form 10-K for the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="91%" colSpan=3><FONT face="Times New Roman" size=2>fiscal year ended December 31, 2007 (File No. 033-23376), as filed with the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="91%" colSpan=3><FONT face="Times New Roman" size=2>Commission on&nbsp;March 31, 2008. Each of the Exhibits so listed is incorporated by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="91%" colSpan=3><FONT face="Times New Roman" size=2>reference as indicated in the Form 10-K.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%"><FONT face="Times New Roman" size=2>(21)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="91%" colSpan=3><FONT face="Times New Roman" size=2>Subsidiaries of the Registrant </FONT><FONT face="Times New Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Incorporated by reference to Registration Statement</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="91%" colSpan=3><FONT face="Times New Roman" size=2>on Form S-1 for ING Life Insurance and Annuity Company (File No. 333-130833),</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="91%" colSpan=3><FONT face="Times New Roman" size=2>as filed on January 3, 2006.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%"><FONT face="Times New Roman" size=2>(23)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(a)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Consent of Independent Registered Public Accounting Firm</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(b)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Consent of Legal Counsel (included in Exhibit (5) above)</FONT>&nbsp; </TD></TR></TABLE><BR>
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<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="5%"><FONT face="Times New Roman" size=2>(24)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="5%"><FONT face="Times New Roman" size=2>(a)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="84%"><FONT face="Times New Roman" size=2>Powers of Attorney </FONT><FONT face="Times New Roman" size=2>&#183; </FONT><FONT face="Times New Roman" size=2>Included in signature page of this Registration.</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="5%"><FONT face="Times New Roman" size=2>(b)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="84%"><FONT face="Times New Roman" size=2>Certificate of Resolution Authorizing Signature by Power of Attorney </FONT><FONT face="Times New Roman" size=2>&#183;</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="84%"><FONT face="Times New Roman" size=2>Incorporated by reference to Post-Effective Amendment No. 5 to the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="84%"><FONT face="Times New Roman" size=2>Registration Statement on Form N-4 (File No. 033-75986), as filed on April</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="84%"><FONT face="Times New Roman" size=2>12, 1996.</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Exhibits other than those listed above are omitted because they are not required or are not</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">applicable.</FONT></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="5%"><FONT face="Times New Roman" size=2>(b)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="92%"><FONT face="Times New Roman" size=2>ING Life Insurance and Annuity Company Form 10-K for the fiscal year ended</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="5%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="92%"><FONT face="Times New Roman" size=2>December 31, 2007 is incorporated in Part I within the Prospectus.</FONT>&nbsp; </TD></TR></TABLE><BR>
<P align=left><U><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Item 17. Undertakings</FONT></U></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">The undersigned registrant hereby undertakes as follows, pursuant to Item 512 of Regulation S-K:</FONT></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(a)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%" colSpan=5><FONT face="Times New Roman" size=2>Rule 415 offerings:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(1)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>To file, during any period in which offers or sales of the registered securities are</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>being made, a post-effective amendment to this registration statement:</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%"><FONT face="Times New Roman" size=2>(i)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>To include any prospectus required by Section 10(a)(3) of the Securities</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>Act of 1933;</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%"><FONT face="Times New Roman" size=2>(ii)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>To reflect in the prospectus any facts or events arising after the effective</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>date of the registration statement (or the most recent post-effective</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>amendment thereof) which, individually or in the aggregate, represent a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>fundamental change in the information set forth in the registration</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>statement; and</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%"><FONT face="Times New Roman" size=2>(iii)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>To include any material information with respect to the plan of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>distribution not previously disclosed in the registration statement or any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="7%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="76%"><FONT face="Times New Roman" size=2>material changes to such information in the registration statement.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(2)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>That, for the purpose of determining any liability under the Securities Act of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>1933, each such post-effective amendment shall be deemed to be a new</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>registration statement relating to the securities offered therein, and the offering</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>of such securities at that time shall be deemed to be the initial bona fide offering</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>thereof.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(3)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>To remove from registration by means of a post-effective amendment any of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>securities being registered which remain unsold at the termination of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>offering.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=7>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="6%"><FONT face="Times New Roman" size=2>(4)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="85%" colSpan=3><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR></TABLE><BR>
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<A name="page_8"></A>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%"><FONT face="Times New Roman" size=2>(5)(i)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%"><FONT face="Times New Roman" size=2>(5)(ii)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>That for, the purpose of determining liability under the Securities Act of 1933 to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>registration statement relating to an offering, other than registration statements</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>shall be deemed to be part of and included in the registration statement as of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>date it is first used after effectiveness. Provided, however, that no statement</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>made in a registration statement or prospectus that is part of the registration</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>statement or made in a document incorporated or deemed incorporated by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>reference into the registration statement or prospectus that is part of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>registration statement will, as to a purchaser with a time of contract of sale prior</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>to such first use, supersede or modify any statement that was made in the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>registration statement or prospectus that was part of the registration statement or</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>made in any such document immediately prior to such date of first use.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%"><FONT face="Times New Roman" size=2>(6)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>That, for the purpose of determining liability of the registrant under the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>Securities Act of 1933 to any purchaser in the initial distribution of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>securities, the undersigned registrant undertakes that in a primary offering of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>securities of the undersigned registrant pursuant to this registration statement,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>regardless of the underwriting method used to sell the securities to the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>purchaser, if the securities are offered or sold to such purchaser by means of any</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>of the following communications, the undersigned registrant will be a seller to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>the purchaser and will be considered to offer or sell such securities to such</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>purchaser: (i) any preliminary prospectus or prospectus of the undersigned</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>registrant relating to the offering required to be filed pursuant to Rule 424; (ii)</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>any free writing prospectus relating to the offering prepared by or on behalf of</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>the undersigned registrant or used or referred to by the undersigned registrant;</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>(iii) the portion of any other free writing prospectus relating to the offering</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>containing material information about the undersigned registrant or its securities</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>provided by or on behalf of the undersigned registrant; and (iv) any other</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>communication that is an offer in the offering made by the undersigned</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=right width="8%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="83%"><FONT face="Times New Roman" size=2>registrant to the purchaser.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(b)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%" colSpan=3><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(c)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%" colSpan=3><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(d)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%" colSpan=3><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(e)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%" colSpan=3><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(f)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%" colSpan=3><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(g)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%" colSpan=3><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=5>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(h)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%" colSpan=3><FONT face="Times New Roman" size=2>Request for Acceleration of Effective Date:</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>

<!--$$/page=-->
<A name="page_9"></A>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>Insofar as indemnification for liabilities arising under the Securities Act of 1933 may</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>be permitted to directors, officers and controlling persons of the registrant pursuant to</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>the foregoing provisions, or otherwise, the registrant has been advised that in the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>opinion of the Securities and Exchange Commission such indemnification is against</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>public policy as expressed in the Act and is, therefore, unenforceable. In the event that</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>a claim for indemnification against such liabilities (other than the payment by the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>registrant of expenses incurred or paid by a director, officer or controlling person of the</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>registrant in the successful defense of any action, suit or proceeding) is asserted by such</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>director, officer or controlling person in connection with the securities being registered,</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>the registrant will, unless in the opinion of its counsel the matter has been settled by</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>controlling precedent, submit to a court of appropriate jurisdiction the question whether</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>such indemnification by it is against public policy as expressed in the Act and will be</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%">&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>governed by the final adjudication of such issue.</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(i)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(j)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(k)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD align=left width="4%"><FONT face="Times New Roman" size=2>(l)</FONT>&nbsp; </TD>
     <TD width="2%">&nbsp; </TD>
     <TD align=left width="93%"><FONT face="Times New Roman" size=2>Not Applicable</FONT>&nbsp; </TD></TR></TABLE><BR>
<HR align=center width="100%" noShade SIZE=2>


<A name="page_10"></A>
<P align=center>
<TABLE>
<TR>
     <TD noWrap align=center><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">SIGNATURES</FONT></TD></TR></TABLE></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to the requirements of the Securities Act of 1933, the Registrant has duly caused this Registration Statement on Form S-1 to be signed on its behalf by the undersigned, thereunto duly authorized in the Town of Windsor, State of Connecticut, on this&nbsp;8th day of April</FONT><FONT face="TimesNewRomanPSMT,Times New &#13;&#10;Roman,Times,serif">, 2008.</FONT></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>By:</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="88%"><FONT face="Times New Roman" size=2>ING LIFE INSURANCE AND ANNUITY</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="88%"><FONT face="Times New Roman" size=2>COMPANY</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="88%"><I><FONT face="Times New Roman" size=2>(REGISTRANT)</FONT></I>&nbsp;</TD></TR>
<TR>
     <TD width="99%" colSpan=3>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%"><FONT face="Times New Roman" size=2>By:</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="88%"><FONT size=3><FONT size=1><FONT size=2>/s/ Richard T. Mason</FONT></FONT></FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="88%"><FONT face="Times New Roman" size=2>Richard T. Mason</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="88%"><FONT face="Times New Roman" size=2>President</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="9%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="88%"><FONT face="Times New Roman" size=2>(principal executive officer)</FONT>&nbsp;</TD></TR></TABLE><BR>
<P align=left>
<TABLE>
<TR>
     <TD width=9>&nbsp;</TD>
     <TD noWrap><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">As required by the Securities Act of 1933, this Registration Statement has been signed by the</FONT> <BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">following persons in the capacities and on the dates indicated. Each person whose signature appears</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">below hereby constitutes and appoints J. Neil McMurdie, Julie E. Rockmore, Michael A. Pignatella</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">and Scott Kreighbaum, and each of them individually, such person's true and lawful attorneys and</FONT> <BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">agents with full power of substitution and resubstitution for him or her and in his or her name, place</FONT> <BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">and stead, in any and all capacities, to sign for such person and in such person's name and capacity</FONT> <BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">indicated below, any and all amendments to this Registration Statement, hereby ratifying and</FONT> <BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">confirming such person's signatures as it may be signed by said attorneys to any and all amendments</FONT><BR>
<FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">(pre-effective and post-effective amendments).</FONT></TD></TR></TABLE></P>
<TABLE cellSpacing=1 cellPadding=0 border=0>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>Signature</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=right width="55%"><FONT face="Times New Roman" size=2>Title</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>Date</FONT>&nbsp;</TD></TR>
<TR>
     <TD width="98%" colSpan=5>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>/s/ Richard T. Mason</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%"><FONT face="Times New Roman" size=2>President</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR>
     <TD width="25%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%"></TD>
     <TD align=left width="55%"></TD>
     <TD width="2%"></TD>
     <TD width="14%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>Richard T. Mason</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%"><FONT face="Times New Roman" size=2>(principal executive officer)</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>/s/ Thomas J. McInerney </FONT></TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%"><FONT face="Times New Roman" size=2>Director and Chairman</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>) April</FONT>&nbsp;</TD></TR>
<TR>
     <TD width="25%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%"></TD>
     <TD align=left width="55%"></TD>
     <TD width="2%"></TD>
     <TD width="14%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>Thomas J. McInerney</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>) 8, 2008</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>/s/ Kathleen A. Murphy</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%"><FONT face="Times New Roman" size=2>Director</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR>
     <TD width="25%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%"></TD>
     <TD align=left width="55%"></TD>
     <TD width="2%"></TD>
     <TD align=left width="14%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>Kathleen A. Murphy</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>/s/ Catherine H. Smith</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%"><FONT face="Times New Roman" size=2>Director and Senior Vice President</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR>
     <TD width="25%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%"></TD>
     <TD align=left width="55%"></TD>
     <TD width="2%"></TD>
     <TD align=left width="14%"></TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>Catherine H. Smith</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%">&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD align=left width="25%"><FONT face="Times New Roman" size=2>/s/ Bridget M. Healy</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="55%"><FONT face="Times New Roman" size=2>Director</FONT>&nbsp;</TD>
     <TD width="2%">&nbsp;</TD>
     <TD align=left width="14%"><FONT face="Times New Roman" size=2>)</FONT>&nbsp;</TD></TR>
<TR>
     <TD width="25%">
<HR noShade SIZE=1>
</TD>
     <TD width="2%"></TD>
     <TD align=left width="55%"></TD>
     <TD width="2%"></TD>
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     <TD align=left width="25%"><FONT face="Times New Roman" size=2>Bridget M. Healy</FONT>&nbsp;</TD>
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     <TD align=left width="25%"><FONT face="Times New Roman" size=2>/s/ Robert G. Leary</FONT>&nbsp;</TD>
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     <TD align=left width="25%"><FONT face="Times New Roman" size=2>Robert G. Leary</FONT>&nbsp;</TD>
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     <TD align=left width="28%" background=""><FONT size=2><FONT face="Times New Roman">/s/ David A. Wheat</FONT></FONT></TD>
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     <TD align=left width="61%" background=""><FONT size=2><FONT face="Times New Roman">Director, Executive Vice President and Chief Financial Officer</FONT></FONT></TD>
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     <TD align=left width="28%"><FONT face="Times New Roman" size=2>David A. Wheat</FONT>&nbsp; </TD>
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     <TD align=left width="28%"><FONT face="Times New Roman" size=2>/s/ Steven T. Pierson</FONT>&nbsp; </TD>
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     <TD align=left width="61%"><FONT face="Times New Roman" size=2>Senior Vice President and Chief Accounting Officer</FONT>&nbsp; </TD>
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     <TD align=left width="28%"><FONT face="Times New Roman" size=2>Steven T. Pierson</FONT>&nbsp; </TD>
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     <TD align=left width="71%"><B><FONT face="Times New Roman" size=2>EXHIBIT INDEX</FONT></B>&nbsp; </TD>
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     <TD align=left width="14%"><U><FONT face="Times New Roman" size=2>Exhibit No.</FONT></U>&nbsp; </TD>
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     <TD align=left width="14%"><FONT face="Times New Roman" size=2>16(5)</FONT>&nbsp; </TD>
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     <TD align=left width="14%"><FONT face="Times New Roman" size=2>16(23)(a)</FONT>&nbsp; </TD>
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     <TD align=left width="71%"><FONT face="Times New Roman" size=2>Consent of Independent Registered Public Accounting Firm</FONT>&nbsp; </TD>
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     <TD align=left width="14%"><FONT face="Times New Roman" size=2>16(23)(b)</FONT>&nbsp; </TD>
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     <TD align=left width="71%"><FONT face="Times New Roman" size=2>Consent of Legal Counsel</FONT>&nbsp; </TD>
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     <TD align=left width="14%"><FONT face="Times New Roman" size=2>16(24)(a)</FONT>&nbsp; </TD>
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     <TD align=left width="71%"><FONT face="Times New Roman" size=2>Powers of Attorney</FONT>&nbsp; </TD>
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<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">*Included in Exhibit 16(5) above</FONT></P>
<P align=left><FONT face="TimesNewRomanPSMT,Times New Roman,Times,serif">** Included on signature page of this Registration</FONT></P>
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gaamerge.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing
As filed with the Securities and Exchange
Registration No. 333-_
_____
Commission on April 08, 2008
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
ING Life Insurance and Annuity Company
Connecticut
71-0294708
One Orange Way, C1S, Windsor, Connecticut 06095-4774, (860) 580-2831
Michael A. Pignatella, Counsel
ING Life Insurance and Annuity Company
One Orange Way, C1S, Windsor, Connecticut 06095-4774
(860) 580-2831
Approximate date of commencement of proposed sale to the public:
It is proposed that the public offering will commence as soon as practicable after effectiveness of this filing.
If any of the securities being registered to this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the following box. [ X ]
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [  ]
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ]
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer
Accelerated filer
Non-accelerated filer
Smaller reporting company
(Do not check if a smaller reporting company)
Calculation of Registration Fee
Title of Each
Proposed
Proposed
Class of
Maximum
Maximum
Securities to be
Amount to be
Offering Price
Aggregate
Amount of
Registered
Registered
Per Unit
Offering Price
Registration Fee
*
*
$175,000,000
$6,877.50
*The proposed maximum aggregate offering price is estimated solely for the purpose of determining the registration fee. The amount to be registered and the proposed maximum offering price per unit are not applicable since these securities are not issued in predetermined amounts or units.
Pursuant to Rule 429(b) of the 1933 Act, unsold securities previously registered under Registration Statement No. 333-141040 are being carried forward to this Registration Statement. As of March 31, 2008, the amount of such unsold securities was $78,697,000.
The Registrant hereby amends this Registration Statement on such dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to Section 8(a), may determine.
PART I
INFORMATION REQUIRED IN PROSPECTUS
ING Life Insurance and Annuity Company Guaranteed Accumulation Account Prospectus -April 28, 2008
Introduction
The Guaranteed Accumulation Account (GAA) is a fixed interest option available during the accumulation phase of certain variable annuity contracts issued by ING Life Insurance and Annuity Company (the Company, we, us, our). Read this prospectus carefully before investing in GAA and save it for future reference.
General Description
GAA offers investors the opportunity to earn specified guaranteed rates of interest for specified periods of time, called guaranteed terms. We generally offer several guaranteed terms at any one time for those considering investing in GAA. Each guaranteed term offers a guaranteed interest rate for investments that remain in GAA for the duration of the specific guaranteed term. The guaranteed term establishes both the length of time for which we agree to credit a guaranteed interest rate and how long your investment must remain in GAA in order to receive the guaranteed interest rate.
We guarantee both principal and interest if, and only if, your investment remains invested for the full guaranteed term. Charges related to the contract, such as a maintenance fee or early withdrawal charge, may still apply even if you do not withdraw until the end of a guaranteed term.
Investments taken out of GAA prior to the end of a guaranteed term may be subject to a market value adjustment, which may result in an investment gain or loss. See "Market Value Adjustment," page 13.
This prospectus will explain:
Guaranteed interest rates and guaranteed terms;
Contributions to GAA;
Types of investments available, and how they are classified;
How rates are offered;
How there can be an investment risk, and how we calculate gain or loss;
Contract charges that can affect your account value in GAA;
Taking investments out of GAA; and
How to reinvest or withdraw at maturity.
Additional Disclosure Information
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed on the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense. We do not intend for this prospectus to be an offer to sell or a solicitation of an offer to buy these securities in any state or jurisdiction that does not permit their sale. We have not authorized anyone to provide you with information that is different than that contained in this prospectus.
Our Home Office:
ING Life Insurance and Annuity Company
One Orange Way
Windsor, Connecticut 06095-4774
1-800-262-3862
PRO.GAA-08
Table of Contents
Summary
3
Description of the Guaranteed Accumulation Account
6
General, Contributions to GAA, Deposit Period, Guaranteed Terms, Guaranteed Term Classifications,
Guaranteed Interest Rates, Interest Rate Lock, Maturity of a Guaranteed Term, Maturity Value Transfer
Provision
Transfers
10
Transfers from GAA, Transfers Between Guaranteed Term Classifications
Withdrawals
11
Deferral of Payments, Reinvestment Privilege
Market Value Adjustment (MVA)
13
Calculation of the MVA, Deposit Period Yield, Current Yield, MVA Formula
Contract Charges
15
Other Topics
15
The Company, Income Phase, Contract Loans, Investments, Distribution of Contracts, Taxation, Experts,
Legal Matters, Further Information, Incorporation of Certain Documents by Reference, Inquiries
Appendix I - Examples of Market Value Adjustment Calculations
19
Appendix II - Examples of Market Value Adjustment at Various Yields
21
PRO.GAA-08
2
Summary
GAA is a fixed interest option that may be available during the accumulation phase of your annuity contract. The following is a summary of certain facts about GAA.
In General.
Amounts that you invest in GAA will earn a guaranteed interest rate if left in GAA for a specified period of time (the guaranteed term). You must invest amounts in GAA for the full guaranteed term in order to receive the quoted guaranteed interest rate. If you withdraw or transfer those amounts before the end of the guaranteed term, we may apply a "market value adjustment," which may be positive or negative.
Deposit Periods.
A deposit period is the time during which we offer a specific guaranteed interest rate if you deposit dollars for a specific guaranteed term. For a particular guaranteed interest rate and guaranteed term to apply to your account dollars, you must invest them during the deposit period in which that rate and term are offered.
Guaranteed Terms.
A guaranteed term is the period of time account dollars must be left in GAA in order to earn the guaranteed interest rate specified for that guaranteed term. We may offer different guaranteed terms at different times. Check with your representative or the Company to learn the details about the guaranteed term(s) currently offered. We reserve the right to limit the number of guaranteed terms or the availability of certain guaranteed terms. In addition, under certain contracts, we reserve the right to discontinue offering GAA, or to limit the availability of GAA guaranteed term classifications.
Some annuity contracts that offer GAA distinguish between short- and long-term classifications of GAA. Under those contracts, we make the following distinction:
Short-term classification—three years or less.
Long-term classification—between three and ten years.
Guaranteed Interest Rates.
We guarantee different interest rates, depending upon when account dollars are invested in GAA. The interest rate we guarantee is an annual effective yield; that means that the rate reflects a full year's interest. We credit interest at a rate that will provide the guaranteed annual effective yield over one year. The guaranteed interest rate(s) is guaranteed for that deposit period and for the length of the guaranteed term.
The guaranteed interest rates we offer will always meet or exceed the minimum interest rates agreed to in the contract. Apart from meeting the contractual minimum interest rates, we can in no way guarantee any aspect of future offerings.
Questions: Contacting the Company.
To answer your questions, contact your sales representative or write or call our Home Office at:
ING
USFS Customer Service Defined Contribution Administration P.O. Box 990063 Hartford, CT 06199-0063 1-800-262-3862
PRO.GAA-08
3
Interest Rate Lock.
Certain contracts may provide a 45 day interest rate lock in connection with external transfers into GAA, which you must elect at the time you initiate the external transfer. Under this rate lock provision we will deposit external transfers to the deposit period offering the greater of (a) and (b) where:
a)
is the guaranteed interest rate for the deposit period in effect at the time we receive the rate lock election; and
b)
is the guaranteed interest rate for the deposit period in effect at the time we receive an external transfer from your prior provider.
This rate lock will be available to all external transfers received for 45 days from the date we receive a rate lock election. In the event we receive an external transfer after this 45 day time period, it will be deposition to the deposit period in effect at the time we receive the external transfer, and will earn the guaranteed interest rate for that guaranteed term. Only one rate lock may be in effect at one time per contract – once a rate lock has been elected, that rate lock will apply to all external transfers received during that 45 day period, and you may not elect to begin a new rate lock period during that 45 day period.
Amounts subject to the rate lock will not be deposited until the external transfer has been received, and will not be credited interest until deposited. This could result in the deposit being credited interest for a shorter term than if a rate lock had not been elected. The cost of providing a rate lock may be a factor we consider when determining the guaranteed interest rate for a deposit period, which impacts the guaranteed interest rate for all investors in that guaranteed term.
Fees and Other Deductions.
We do not make deductions from amounts in GAA to cover mortality and expense risks. Rather, we consider these risks when determining the credited rate. The following other types of charges may be deducted from amounts held in, withdrawn or transferred from GAA:
Market Value Adjustment (MVA). An MVA may be applied to amounts transferred or withdrawn prior to the
end of a guaranteed term, which reflects changes in interest rates since the deposit period. The MVA may be
positive or negative, and therefore may increase or decrease the amount withdrawn to satisfy a transfer or
withdrawal request. See "Market Value Adjustment."
Tax Penalties and/or Tax Withholding. Amounts withdrawn may be subject to withholding for federal income
taxes, as well as a 10% penalty tax for amounts withdrawn prior to your having attained age 59½. See
"Taxation"; see also the "Taxation" section of the contract prospectus.
Early Withdrawal Charge. An early withdrawal charge, which is a deferred sales charge, may apply to
amounts withdrawn from the contract, in order to reimburse us for some of the sales and administrative
expenses associated with the contract. See "Contract Charges"; see also the "Fees" section of the contract
prospectus.
Maintenance Fee. An annual maintenance fee of up to $30 may be deducted pro rata from all funding options
including GAA. See "Contract Charges"; see also the "Fees" section of the contract prospectus.
Transfer Fees. Under some contracts transfer fees of up to $10 per transfer may be deducted from amounts
held in or transferred from GAA during the accumulation phase. See "Contract Charges"; see also the "Fees"
section of the contract prospectus.
Premium Taxes. We may deduct a charge for premium taxes of up to 4% from amounts in GAA. See
"Contract Charges"; see also the "Fees" section of the contract prospectus.
Front End Sales Charges. Under some contracts, we may deduct front end sales charges of up to 6%. See
"Contract Charges"; see also the "Fees" section of the contract prospectus.
Market Value Adjustment (MVA).
If you withdraw or transfer all or part of your account value from GAA
before the guaranteed term is complete, an MVA may apply. The MVA reflects the change in the value of the
investment due to changes in interest rates since the date of deposit. The MVA may be positive or negative
depending upon interest rate activity at the time of withdrawal or transfer.
PRO.GAA-08
4
Any MVA applied to a withdrawal or transfer from GAA will be calculated as an "aggregate MVA," which is the
sum of all MVA's applicable due to the withdrawal. See the sidebar on page 13 for an example of the calculation
of the aggregate MVA. The following withdrawals will be subject to an aggregate MVA only if it is positive:
Withdrawals due to the election of a lifetime income option; and
Withdrawals due to the death of the participant (if paid within the first six months following death). For
certain contracts issued in the state of New York, this provision also applies in the event of disability, as
defined in the contract.
All other withdrawals will be subject to an aggregate MVA, regardless of whether it is positive or negative,
including:
Withdrawals due to the election of a nonlifetime income option;
Payments due to the death of the participant, if paid more than six months following death (or disability, if
applicable); and
Full or partial withdrawals during the accumulation phase (except for withdrawals at the end of a guaranteed
term or pursuant to the maturity value transfer provision - see "Maturity of a Guaranteed Term" and
"Maturity Value Transfer Provision").
Under certain contracts that guarantee a death benefit equal to the greater of the "adjusted purchase total" or the
current account value (excluding loans), the calculation of the current account value will include the aggregate
MVA only if it is positive, regardless of whether the death benefit is paid within six months following death. See
the "Death Benefit" section of the contract prospectus. Under some of these contracts, an election to defer
payment of the death benefit will result in the application of the aggregate MVA, whether positive or negative,
when the beneficiary elects to begin distribution of the death benefit.
See "Description of the Guaranteed Accumulation Account" and "Market Value Adjustment."
Maturity of a Guaranteed Term.
On or before the end of a guaranteed term, the contract holder or you, if
applicable, may instruct us to:
Transfer the matured amount to one or more new guaranteed terms available under the current deposit period;
Transfer the matured amount to other available investment options; or
Withdraw the matured amount.
Amounts withdrawn may be subject to an early withdrawal charge, maintenance fee, tax withholding, and tax
penalties. See "Contract Charges"; see also the "Fees" and "Taxation" sections of the contract prospectus. When a
guaranteed term ends, if we have not received instructions, we will automatically reinvest the maturing investment
into a guaranteed term available in the current deposit period. See "Maturity of a Guaranteed Term" and "Maturity
Value Transfer Provision." For contracts that distinguish between short- and long-term classifications, we will
generally transfer the maturing investment to the available deposit period for the guaranteed term having the
shortest maturity within the same classification. For other contracts, we will generally transfer the maturing
investment in the following manner based upon availability:
To a guaranteed term of the same duration, if available; or
To a guaranteed term with the next shortest duration, if available; or
To a guaranteed term with the next longest duration.
If you do not provide instructions concerning the maturing amount on or before the end of a guaranteed term, and
this amount is automatically reinvested as noted above, the maturity value transfer provision will apply.
Maturity Value Transfer Provision.
If we automatically transfer the matured investment into the current deposit
period, the contract holder or you, if applicable, may, for a limited time, transfer or withdraw all or a portion of
the matured investment that was transferred without the application of an MVA. As described in "Fees and Other
Deductions" above, other fees, including an early withdrawal charge and a maintenance fee, may be assessed on
amounts withdrawn. See "Maturity Value Transfer Provision."
PRO.GAA-08
5
Transfer of Account Dollars.
Generally, account dollars invested in GAA may be transferred among
guaranteed terms offered through GAA, and/or to other investment options offered through the contract. However:
Transfers may not be made during the deposit period in which your account dollars are invested in GAA or
for
90 days after the close of that deposit period; and
We may apply an MVA to transfers made before the end of a guaranteed term.
Transfers to other investment options offered through the contract may be subject to limits on frequent or
disruptive transfers or limits imposed by the underlying funds. See the "Transfers" and "Investment Options"
sections of your contract prospectus.
Investments.
Guaranteed interest rates credited during any guaranteed term do not necessarily
relate to
investment performance. Deposits received into GAA will generally be invested in federal, state and municipal
obligations, corporate bonds, preferred stocks, real estate mortgages, real estate, certain other fixed income
investments, and cash or cash equivalents. All of our general assets are available to meet guarantees under GAA.
Amounts allocated to GAA are held in a nonunitized separate account established by the Company under
Connecticut law. To the extent provided for in the contract, assets of the separate account are not chargeable with
liabilities arising out of any other business that we conduct. See "Investments."
Notification of Maturity.
We will notify the contract holder or you, if applicable, at least 18
calendar days prior
to the maturity of a guaranteed term. We will include information relating to the current deposit period's
guaranteed interest rates and the available guaranteed terms. You may obtain information concerning available
deposit periods, guaranteed interest rates, and guaranteed terms by telephone five business days prior to the
maturity date (1-800-GAA-FUND or 1-800-422-3863). See "Description of the Guaranteed Accumulation
Account—General" and "Maturity of a Guaranteed Term."
Description of the Guaranteed Accumulation Account
General
GAA offers guaranteed interest rates for specific guaranteed terms. For a particular guaranteed interest rate and
guaranteed term to apply to your account dollars, you must invest them during the deposit period during which
that rate and term are offered. Each deposit period may offer more than one guaranteed term. Guaranteed terms
may be classified according to length of time to maturity, and each deposit period may offer various guaranteed
terms within these classifications.
Any MVA applied to a withdrawal or transfer from GAA will be calculated as an "aggregate MVA," which is the
sum of all MVAs applicable due to the withdrawal. See the sidebar on page 13 for an example of the calculation
of the aggregate MVA. The following withdrawals will be subject to an aggregate MVA only if it is positive:
Withdrawals due to the election of a lifetime income option; and
Withdrawals due to the death of the participant (if paid within the first six months following death). For
certain contracts issued in the state of New York, this provision also applies in the event of disability, as
defined in the contract.
All other withdrawals will be subject to an aggregate MVA, regardless of whether it is positive or negative,
including:
Withdrawals due to the election of a nonlifetime income option;
Payments due to the death of the participant, if paid more than six months following death (or disability, if
applicable); and
Full or partial withdrawals during the accumulation phase (except for withdrawals at the end of a guaranteed
term or pursuant to the maturity value transfer provision, see "Maturity of a Guaranteed Term" and
"Maturity Value Transfer
Provision").
PRO.GAA-08
6
We maintain a toll-free telephone number for those wishing to obtain information concerning available deposit
periods, guaranteed interest rates, and guaranteed terms. The telephone number is 1-800-GAA-FUND (1-800-422-
3863). At least 18 calendar days before a guaranteed term matures, we will notify the contract holder or you, if
applicable, of the upcoming deposit period dates and the current guaranteed interest rates, guaranteed terms and
projected matured guaranteed term values.
Contributions to GAA
The contract holder or you, if applicable, may invest in the guaranteed terms available in the current deposit
period by allocating new purchase payments to GAA or by transferring a sum from other funding options
available under the contract or from other guaranteed terms.
Though we may require a minimum payment(s) to a contract, we do not require a minimum investment for a
guaranteed term. Refer to the contract prospectus. We reserve the right to establish a minimum amount for
transfers from other funding options.
Investments may not be transferred from a guaranteed term during the deposit period in which the investment is
applied nor during the first 90 days after the close of the deposit period. This restriction does not apply to amounts
transferred or withdrawn under the maturity value transfer provision. See "Maturity Value Transfer Provision."
Deposit Period
The deposit period is the period of time during which the contract holder or you, if applicable, may direct investments to a particular guaranteed term(s) and receive a stipulated
guaranteed interest rate(s). Each deposit period may be a month, a calendar quarter, or any other period of time we specify.
Guaranteed Terms
A guaranteed term is the time we specify during which we credit the guaranteed interest rate. Generally, we will offer at least one guaranteed term of three years or less and one
guaranteed term of more than three years in any deposit period. However, under certain contracts we reserve the right to limit the guaranteed terms or guaranteed term classifications offered, as well as the right to discontinue offering GAA. We
offer guaranteed terms at our discretion for various periods ranging from one to ten years.
Guaranteed Term Classifications
Some contracts distinguish between long-term and short-term guaranteed term classifications. The following are
the guaranteed term classifications:
Short-term—All guaranteed terms of three years or less.
Long-term—All guaranteed terms of between three and ten years.
During each deposit period, we may offer more than one guaranteed term within each guaranteed term
classification. The contract holder or you, if applicable, may allocate investments to guaranteed terms within one
or both guaranteed term classifications during a deposit period.
Guaranteed Interest Rates
Guaranteed interest rates are the rates that we guarantee will be credited on amounts applied during a deposit
period for a specific guaranteed term. Guaranteed interest rates are annual effective yields, reflecting a full year's
interest. We credit interest at a rate that will provide the guaranteed annual effective yield over one year.
Guaranteed interest rates are credited according to the length of the guaranteed term as follows:
PRO.GAA-08
7
Guaranteed Terms of One Year or Less:
The guaranteed interest rate is credited from the date of deposit to the
last day of the guaranteed term.
Guaranteed Terms of Greater than One Year:
Except for certain contracts issued in the state of New York,
several different guaranteed interest rates may be applicable during a guaranteed term of more than one year. The
initial guaranteed interest rate is credited from the date of deposit to the end of a specified period within the
guaranteed term. We may credit several different guaranteed interest rates for subsequent specific periods of time
within the guaranteed term. For example, for a five-year guaranteed term we may guarantee 5% for the first year,
4.75% for the next two years, and 4.5% for the remaining two years.
We will not guarantee or credit a guaranteed interest rate below the minimum rate specified in the contract, nor
will we credit interest at a rate above the guaranteed interest rate we announce prior to the start of a deposit
period.
Our guaranteed interest rates are influenced by, but do not necessarily correspond to, interest rates available on
fixed income investments we may buy using deposits directed to GAA. See "Investments." We consider other
factors when determining guaranteed interest rates including regulatory and tax requirements, sales commissions
and administrative expenses borne by the Company, general economic trends, competitive factors, and whether an
interest rate lock is being offered for that guaranteed term under certain contracts.
We make the final
determination regarding guaranteed interest rates. We cannot predict the level of future guaranteed
interest rates.
Interest Rate Lock.
Certain contracts may provide a 45 day interest rate lock in connection with external
transfers into GAA, which you must elect at the time you initiate the external transfer. Under this rate lock
provision we will deposit external transfers to the deposit period offering the greater of (a) and (b) where:
a)
is the guaranteed interest rate for the deposit period in effect at the time we receive the rate lock election; and
b)
is the guaranteed interest rate for the deposit period in effect at the time we receive an external transfer from your prior provider.
This rate lock will be available to all external transfers received for 45 days from the date we receive a rate lock
election. In the event we receive an external transfer after this 45 day time period, it will be deposition to the
deposit period in effect at the time we receive the external transfer, and will earn the guaranteed interest rate for
that guaranteed term. Only one rate lock may be in effect at one time per contract – once a rate lock has been
elected, that rate lock will apply to all external transfers received during that 45 day period, and you may not elect
to begin a new rate lock period during that 45 day period.
Amounts subject to the rate lock will not be deposited until the external transfer has been received, and will not be
credited interest until deposited. This could result in the deposit being credited interest for a shorter term than if a
rate lock had not been elected. The cost of providing a rate lock may be a factor we consider when determining
the guaranteed interest rate for a deposit period, which impacts the guaranteed interest rate for all investors in that
guaranteed term.
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Maturity of a Guaranteed Term
At least 18 calendar days prior to the maturity of a guaranteed term, we will
notify the contract holder or you, if applicable, of the upcoming deposit
period, the projected value of the amount maturing at the end of the
guaranteed term, and the guaranteed interest rate(s) and guaranteed term(s)
available for the current deposit period.
When a guaranteed term matures, the amounts in any maturing guaranteed
term may be:
Transferred to one or more new guaranteed terms available under the
current deposit period; or
Transferred to other available investment options; or
Withdrawn from the contract.
We do not apply an MVA to amounts transferred or surrendered from a
guaranteed term on the date the guaranteed term matures. Amounts
withdrawn, however, may be subject to an early withdrawal charge, a
maintenance fee, taxation, and tax penalties. If we have not received direction
from the contract holder or you, if applicable, by the maturity date of a
guaranteed term, we will automatically transfer the matured value to one of
the following:
For contracts distinguishing between short- and long-term classifications,
we will generally transfer the amount maturing to the available deposit period
for the guaranteed term having the shortest maturity within the same
classification, though it may be different than the maturing term; or
For contracts that do not distinguish between short- and long-term
classifications, we will generally transfer the maturing amount as follows:
To a guaranteed term of the same duration, if available; or
To a guaranteed term with the next shortest duration, if available; or
To a guaranteed term with the next longest duration.
The contract holder or you, if applicable, will receive a confirmation
statement, plus information on the new guaranteed interest rate(s) and
guaranteed terms.
Maturity Value Transfer Provision
Business Day—
any
day on which the
If we automatically reinvest the proceeds from a matured guaranteed term,
New York Stock
the contract holder or you, if applicable, may transfer or withdraw from
Exchange is open.
GAA the amount that was reinvested without an MVA. An early withdrawal
charge and maintenance fee may apply to withdrawals. If the full amount
reinvested is transferred or withdrawn, we will include interest credited to
the date of the transfer or withdrawal. This provision is only available until
the last business day of the month following the maturity date of the prior
guaranteed term. This provision only applies to the first transfer or
withdrawal request received from the contract holder or you, if applicable,
with respect to a particular matured guaranteed term value, regardless of the
amount involved in the transaction.
PRO.GAA-08
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Transfers
We allow the contract holder or you, if applicable, to transfer all or a portion of your account value to GAA or to
other investment options under the contract. We do not allow transfers from any guaranteed term to any other
guaranteed term or investment option during the deposit period for that guaranteed term or for 90 days following
the close of that deposit period, except for amounts transferred under the maturity value transfer provision.
We do not apply an MVA to the value transferred upon maturity of a guaranteed term nor for values transferred
under the maturity value transfer provision. We do not count either of these types of transfers as one of the 12 free
transfers allowed per calendar year by those contracts allowing only 12 free transfers. Transfers to other
investment options through the contract may be subject to limits on frequent or disruptive transfers or limits
imposed by the underlying funds. See the "Transfers" and "Investment Options" sections of your contract
prospectus.
When the contract holder or you, if applicable, requests the transfer of a specific dollar amount, we account for
any applicable MVA in determining the amount to be withdrawn from a guaranteed term(s) to fulfill the request.
Therefore, the amount we actually withdraw from the guaranteed term(s) may be more or less than the requested
dollar amount. See "Appendix I" for an example. For more information on transfers, see the contract prospectus.
Transfers From GAA
For contracts that do not distinguish between short- and long-term classifications, the contract holder or you, if
applicable, may choose the guaranteed term from which funds will be first withdrawn. If there is more than one
guaranteed term of the same duration, we will withdraw funds starting from the oldest guaranteed term that has
not reached maturity.
If we do not receive directions, we will withdraw funds pro rata from each guaranteed term in which you are
invested. If there is more than one guaranteed term of the same duration, we will withdraw funds starting from the
oldest guaranteed term that has not reached maturity.
For contracts that distinguish between short- and long-term classifications, the contract holder or you, if
applicable, may choose the guaranteed term classification from which funds will be first withdrawn. We will
withdraw funds starting from the oldest guaranteed term that has not reached maturity within the classification
chosen.
If we do not receive directions, we will withdraw funds pro rata from the guaranteed term classifications, starting
with the oldest guaranteed term that has not reached maturity, and any other investment options.
We will apply an MVA to transfers made before the end of a guaranteed term. See "Market Value Adjustment."
Transfers Between Guaranteed Term Classifications
(For contracts that distinguish between short-term and long-term classifications only)
The contract holder or you, if applicable, may transfer amounts from short-term guaranteed terms to available
long-term guaranteed terms of the current deposit period, or from long-term guaranteed terms to available short-
term guaranteed terms of the current deposit period.
For example, funds may be transferred from a three-year guaranteed term (any time after 90 days from the close
of the deposit period applicable to that three-year guaranteed term) to the open deposit period of a seven-year
guaranteed term.
PRO.GAA-08
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Funds will be first transferred from the oldest deposit period for which the guaranteed term has not reached
maturity and we will assess an MVA on the transferred amount. These transfers are counted toward the 12 free
transfers allowed per calendar year by those contracts allowing only 12 free transfers.
We do not permit the transfer of value from one guaranteed term prior to its maturity to another guaranteed term
within the same classification. For example, we do not permit transfers from one-year to three-year, one-year to
one-year, five-year to seven-year, or ten-year to seven-year guaranteed terms.
Withdrawals
The contract allows for full or partial withdrawals from GAA at any time during the accumulation phase. To make
a full or partial withdrawal, a request form (available from us) must be properly completed and submitted to our
Home Office (or other designated office as provided in the contract).
Partial withdrawals are made pro rata from funding options unless the contract holder or you, if applicable,
request otherwise. For contracts that do not distinguish between short- and long-term classifications, each
guaranteed term is considered a separate funding option for the purpose of a partial withdrawal.
The contract holder or you, if applicable, may choose the guaranteed term from which funds will be withdrawn. If
there is more than one guaranteed term of the same duration, we will withdraw funds starting from the oldest
guaranteed term that has not reached maturity. If no guaranteed term is elected, we will withdraw funds pro rata
from each guaranteed term in which you are invested. If there is more than one guaranteed term of the same
duration, we will withdraw funds starting from the oldest guaranteed term that has not reached maturity.
For contracts distinguishing between short- and long-term classifications, each guaranteed term classification is
considered a separate funding option for the purpose of a partial withdrawal. The contract holder or you, if
applicable, may elect to take a partial withdrawal from either guaranteed term classification. We will first
withdraw funds from the oldest guaranteed term that has not reached maturity within the chosen classification. If
no guaranteed term classification is elected, we will withdraw funds pro rata from each classification (starting
with the oldest guaranteed term that has not reached maturity) and other funding options.
We may apply an MVA to withdrawals made prior to the end of a guaranteed term, except for withdrawals made
under the maturity value transfer provision. See "Market Value Adjustment." We may deduct an early withdrawal
charge and a maintenance fee depending upon the terms of the contract. The early withdrawal charge is a deferred
sales charge that may be deducted upon withdrawal to reimburse us for some of the sales and administrative
expenses associated with the contract. A maintenance fee up to $30 may be deducted pro rata from each of the
funding options, including GAA. Refer to the contract prospectus for a description of these fees. When a request
for a partial withdrawal of a specific dollar amount is made, we will include the MVA in determining the amount
to be withdrawn from the guaranteed term(s) to fulfill the request. Therefore, the amount we actually take from
the guaranteed term(s) may be more or less than the dollar amount requested. See "Appendix I" for an example.
Deferral of Payments
Under certain emergency conditions, we may defer payment of a GAA withdrawal for up to six months. Refer to
the contract prospectus for more details.
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Reinvestment Privilege
If allowed by the contract, the contract holder or you, if applicable, may elect to reinvest all or a portion of a full
withdrawal during the 30 days following such a withdrawal. We must receive amounts for reinvestment within 60
days of the withdrawal.
We will apply reinvested amounts to the current deposit period. This means that the guaranteed annual interest
rate and guaranteed terms available on the date of reinvestment will apply. Amounts are reinvested in the
guaranteed term classifications, where applicable, in the same proportion as prior to the full withdrawal. Any
negative MVA we applied to a withdrawal will not be refunded, and any taxes that were withheld may also not be
refunded. Refer to the contract prospectus for further details.
PRO.GAA-08
12
Market Value Adjustment (MVA)
We apply an MVA to amounts transferred or withdrawn from GAA prior to
Aggregate MVA
is the total of
the end of a guaranteed term. To accommodate early withdrawals or
all MVAs applied due to a
transfers, we may need to liquidate certain assets or use cash that could
transfer or withdrawal.
otherwise be invested at current interest rates. When we sell assets
prematurely we could realize a profit or loss depending upon market
Calculation of the Aggregate
conditions.
MVA—
In order to satisfy a
transfer or withdrawal,
The MVA reflects changes in interest rates since the deposit period. When
amounts may be withdrawn
interest rates increase after the deposit period, the value of the investment
from more than one
decreases and the market value adjustment amount may be negative.
guaranteed term, with more
Conversely, when interest rates decrease after the deposit period, the value
than one guaranteed interest
of the investment increases and the market value adjustment amount may be
rate. In order to determine the
positive. Therefore, the application of an MVA may increase or decrease the
MVA applicable to such a
amount withdrawn from a guaranteed term to satisfy a withdrawal or
transfer or withdrawal, the
transfer request.
MVAs applicable to
each
guaranteed term
will be added
An MVA applied to a withdrawal or transfer from GAA will be calculated
together, in order to determine
as an "aggregate MVA," which is the sum of all MVAs applicable due to
the "aggregate MVA."
the withdrawal. See the sidebar on this page for an example of the
calculation of the aggregate MVA. The following withdrawals will be
Example:
$1,000 withdrawal,
subject to an aggregate MVA only if it is positive:
two guaranteed terms,
Withdrawals due to the election of a lifetime income option; and
Withdrawals due to the death of the participant (if paid within the first
MVA1 = $10, MVA2 = - $30
six months following death). For certain contracts issued in the state of
$10 + - $30 = - $20.
New York, this provision also applies in the event of disability, as
Aggregate MVA = - $20.
defined in the contract.
All other withdrawals will be subject to an aggregate MVA, regardless of
Example:
$1,000 withdrawal,
whether it is positive or negative, including:
two guaranteed terms.
Withdrawals due to the election of a nonlifetime income option;
MVA1 = $30, MVA2 = - $10
Payments due to the death of the participant, if paid more than six
$30 + - $10 = $20.
months following death (or disability, if applicable under your
Aggregate MVA = $20.
contract); and
Full or partial withdrawals during the accumulation phase (except for
withdrawals at the end of a guaranteed term or pursuant to the maturity
value transfer provision, see "Maturity of a Guaranteed Term" and
"Maturity Value Transfer Provision").
Should two or more consecutive guaranteed terms have the same guaranteed
interest rate and mature on the same date, we will calculate an MVA
applicable to each. We will apply the MVA that is more favorable to you to
any withdrawal or transfer from either guaranteed term prior to their
maturity.
Under some contracts, election of a Systematic Distribution Option, as
described in the contract prospectus, will not result in an MVA being
applied to amounts withdrawn from GAA.
Under certain contracts that guarantee a death benefit equal to the greater of
the "adjusted purchase total" or the current account value (excluding loans),
the calculation of the current account value will include the aggregate
MVA only if it is positive, regardless of whether the death benefit is paid
within six months following death. See the "Death Benefit" section of the
Contract Prospectus. Under some of these contracts, an election to defer
payment of the death benefit will result in the application of the aggregate
MVA, whether positive or negative when the beneficiary elects to begin
distribution of the death benefit.
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13
Calculation of the MVA
The amount of the MVA depends on the relationship between:
The deposit period yield of U.S. Treasury Notes that will mature in the last quarter of the guaranteed term;
and
The current yield of such U.S. Treasury Notes at the time of withdrawal.
If the current yield is less than the deposit period yield, the MVA will decrease the amount withdrawn from a
guaranteed term to satisfy a transfer or withdrawal request (the MVA will be positive). If the current yield is
greater than the deposit period yield, the MVA will increase the amount withdrawn from a guaranteed term (the
MVA will be negative).
Deposit Period Yield
We determine the deposit period yield used in the MVA calculation by considering interest rates prevailing during
the deposit period of the guaranteed term from which the transfer or withdrawal will be made. First, we identify
the Treasury Notes that mature in the last three months of the guaranteed term. Then, we determine their yield-to-
maturity percentages for the last business day of each week in the deposit period. We then average the resulting
percentages to determine the deposit period yield. Treasury Note information may be found each business day in
publications such as the Wall Street Journal which publishes the yield-to-maturity percentages for all Treasury
Notes as of the preceding business day.
Current Yield
We use the same Treasury Notes identified for the deposit period yield to determine the current yield—Treasury
Notes that mature in the last three months of the guaranteed term. However, we use the yield-to-maturity
percentages for the last business day of the week preceding the withdrawal and average those percentages to get
the current yield.
MVA Formula
The mathematical formula used to determine the MVA is:
x
365
{
(1
+
i
)
}
(1 +
j
)
where
i
is the deposit
period yield;
j
is the current yield; and
x
is the number of days remaining (computed from
Wednesday of the week of withdrawal) in the guaranteed term. For examples of how we calculate MVA, refer to
Appendix I.
We make an adjustment in the formula of the MVA to reflect the period of time remaining in the guaranteed term
from the Wednesday of the week of a withdrawal.
PRO.GAA-08
14
Contract Charges
Certain charges may be deducted directly or indirectly from the funding options available under the contract,
including GAA.
The contract may have a maintenance fee of up to $30 that we will deduct, on an annual basis, pro rata from all
funding options including GAA. We may also deduct a maintenance fee upon full withdrawal of a contract.
The contract may have an early withdrawal charge that we will deduct, if applicable, upon a full or partial
withdrawal from the contract. If the withdrawal occurs prior to the maturity of a guaranteed term, both the early
withdrawal charge and an MVA may be assessed.
We do not deduct mortality and expense risk charges and other asset-based charges that may apply to variable
funding options from GAA. These charges are only applicable to the variable funding options.
We may deduct a charge for premium taxes of up to 4% from amounts in GAA, and, under some contracts, front
end sales charges of up to 6%.
Under certain contracts, we reserve the right to charge $10 for each transfer of accumulated value between
available investment options over 12.
Refer to the contract prospectus for further details on contract charges.
Other Topics
The Company
ING Life Insurance and Annuity Company (the Company, we, us, our) is a directly wholly owned subsidiary of Lion Connecticut Holdings Inc.
We are a stock life insurance company organized under the insurance laws of the State of Connecticut in 1976 and an indirect wholly owned subsidiary of ING Groep N.V. ("ING"), a global financial institution active in the fields of insurance, banking and asset management. Through a merger, our operations include the business of Aetna Variable Annuity Life Insurance Company (formerly known as Participating Annuity Life Insurance Company, an Arkansas life insurance company organized in 1954). Prior to January 1, 2002, the Company was known as Aetna Life Insurance and Annuity Company.
Our principal executive offices are located at:
One Orange Way
Windsor, Connecticut 06095-4774
Income Phase
GAA may not be used as a funding option during the income phase. Amounts invested in guaranteed terms must
be transferred to one or more of the options available to fund income payments before income payments can
begin.
An aggregate MVA, as previously described, may be applied to amounts transferred to fund income payments
before the end of a guaranteed term. Amounts used to fund lifetime income payments will only receive an
aggregate MVA to the extent it is positive; however amounts transferred to fund a nonlifetime income payment
option may receive either a positive or negative aggregate MVA.
Refer to the contract prospectus for a further discussion of the income phase.
PRO.GAA-08
15
Contract Loans
(403(b) and some 457 and 401(a) Plans Only)
The contract holder or you, if applicable, may not take a loan from amounts held in GAA, but we include amounts
invested in GAA when calculating the account value that determines the amount available for a loan. Amounts
held in GAA must be transferred to a funding option available for loans in order to be received as a loan. Refer to
the contract prospectus for more information on contract loans. We will apply an MVA to amounts transferred
from guaranteed terms due to a loan request.
Investments
Amounts applied to GAA will be deposited in a nonunitized separate account established under Connecticut law.
A nonunitized separate account is a separate account in which neither the contract holder nor you participate in the performance of the assets through unit values or any other interest. Contract holders and participants allocating funds to the nonunitized separate account do not receive a unit value of ownership of assets accounted for in this separate account. The risk of investment gain or loss is borne entirely by the Company. All Company obligations due to allocations to the nonunitized separate account are contractual guarantees of the Company and are accounted for in the separate account. All of the general assets of the Company are available to meet our contractual guarantees. To the extent provided for in the applicable contract, the assets of the nonunitized separate account are not chargeable with liabilities resulting from any other business of the Company. Income, gains and losses of the separate account are credited to or charged against the separate account without regard to other income, gains or losses of the Company.
Types of Investments.
We intend to invest primarily in investment-grade fixed income securities including:
Securities issued by the United States Government;
Issues of U. S. Government agencies or instrumentalities (these issues may or may not be guaranteed by the United States Government);
Debt securities which have an investment grade, at the time of purchase, within the four highest grades assigned by Moody's Investors Services, Inc. (Aaa, Aa, A or Baa), Standard & Poor's Corporation (AAA, AA, A or BBB) or any other nationally recognized rating service;
Other debt instruments, including those issued or guaranteed by banks or bank holding companies, and of corporations, which although not rated by Moody's, Standard & Poor's, or other nationally recognized rating services, are deemed by the Company's management to have an investment quality comparable to securities that may be purchased as stated above; or
Commercial paper, cash or cash equivalents, and other short-term investments having a maturity of less than one year that are considered by the Company's management to have investment quality comparable to securities, which may be purchased as stated above.
We may invest in futures and options. We purchase financial futures, related options and options on securities
solely for non-speculative hedging purposes. Should securities prices be expected to decline, we may sell a futures
contract or purchase a put option on futures or securities to protect the value of securities held in or to be sold for
the nonunitized separate account. Similarly, if securities prices are expected to rise, we may purchase a futures
contract or a call option against anticipated positive cash flow or may purchase options on securities.
We are not obligated to invest the assets attributable to the contracts according to any particular strategy,
except as required by Connecticut and other state insurance laws. The guaranteed interest rates established
by the Company may not necessarily relate to the performance of the nonunitized separate account.
PRO.GAA-08
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Distribution of Contracts
The Company's subsidiary, ING Financial Advisers, LLC serves as the principal underwriter for the variable annuity contracts that include GAA as an investment option. ING Financial Advisers, LLC, a Delaware limited liability company, is registered as a broker-dealer with the Securities and Exchange Commission. ING Financial Advisers, LLC is also a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation. ING Financial Advisers, LLC's principal office is located at One Orange Way, Windsor, Connecticut .06095-4774.
As principal underwriter, ING Financial Advisers, LLC may enter into arrangements with one or more registered broker-dealers to offer and sell the contracts. We and our affiliate(s) may also sell the contracts directly. All individuals offering and selling the contracts must be registered representatives of a broker-dealer and must be licensed as insurance agents to sell variable annuity contracts. For additional information, see the contract prospectus.
Taxation
You should seek advice from your tax adviser as to the application of federal (and where applicable, state and
local) tax laws to amounts paid to or distributed under the contracts. Refer to the applicable contract prospectus
for a further discussion of tax considerations.
Taxation of the Company.
We are taxed as a life insurance company under Part I of Subchapter L of the Internal
Revenue Code. The Company owns all assets supporting the contract obligations of GAA. Any income earned on
such assets is considered income to the Company. We do not intend to make any provision or impose a charge
under the contracts with respect to any tax liability of the Company.
Taxation of Payments and Distributions.
For information concerning the tax treatment of payments to and
distributions from the contracts, please refer to the applicable contract prospectus.
Experts
The consolidated financial statements of the Company appearing in the Company's Annual Report (Form 10-K)
for the year ended December 31, 2007 (including schedules appearing therein) have been audited by Ernst &
Young LLP, independent registered public accounting firm, as set forth in their reports thereon included therein,
and are included and incorporated herein by reference. Such consolidated financial statements are included and
incorporated herein by reference in reliance upon such reports given on the authority of such firm as experts in
accounting and auditing.
Legal Matters
For information regarding legal matters affecting the Company or the distributor of the variable annuity contracts,
please refer to the applicable contract prospectus.
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Further Information
This prospectus does not contain all of the information contained in the registration statement of which this
prospectus is a part. Portions of the registration statement have been omitted from this prospectus as allowed by
the Securities and Exchange Commission (SEC). You may obtain the omitted information from the offices of the
SEC, as described below.
We are required by the Securities Exchange Act of 1934 to file periodic reports and other information with the
SEC. You may inspect or copy information concerning the Company at the Public Reference Branch of the SEC
at:
SEC Public Reference Branch
100 F Street, NE, Room 1580
Washington, D.C. 20549
You may also obtain copies of these materials at prescribed rates from the Public Reference Branch of the above
office. You may obtain information on the operation of the Public Reference Branch by calling the SEC at either
1-800-SEC-0330 or 1-202-551-8090 or by e-mailing publicinfo@sec.gov. You may also find more information
about the Company by visiting the Company's homepage on the internet at www.ingretirementplans.com.
A copy of the Company's annual report on Form 10-K for the year ended December 31, 2007 accompanies this
prospectus. We refer to Form 10-K for a description of the Company and its business, including financial
statements. We intend to send contract holders annual account statements and other such legally required reports.
We do not anticipate such reports will include periodic financial statements or information concerning the
Company.
You can find this prospectus and other information the Company files electronically with the SEC on the SEC's
web site at http://www.sec.gov.
Incorporation of Certain Documents by Reference
We have incorporated by reference the Company's latest Annual Report on Form 10-K as filed with the SEC and
in accordance with the Securities and Exchange Act of 1934. The Annual Report must accompany this prospectus.
Form 10-K contains additional information about the Company and includes certified financial statements for the
respective periods. Other than these reports, we were not required to file any other reports pursuant to Sections
13(a) or 15(d) of the Securities and Exchange Act since the end of the fiscal year covered by that Form 10-K.
The registration statement for this prospectus incorporates some documents by reference. We will provide a free
copy of any such documents upon the written or oral request of anyone who has received this prospectus. We will
not include exhibits to those documents unless they are specifically incorporated by reference into the document.
Direct requests to:
ING Life Insurance and Annuity Company
One Orange Way
Windsor, CT 06095-4774
1-800-262-3862
Inquiries
You may contact us directly by writing or calling to us at the address or phone number shown above.
PRO.GAA-08
18
Appendix I
Examples of Market Value Adjustment Calculations
The following are examples of market value adjustment ("MVA") calculations using several hypothetical deposit
period yields and current yields. These examples do not include the effect of any early withdrawal charge or other
fees that may be assessed under the contract upon withdrawal.
EXAMPLE I
Assumptions:
i,
the deposit period yield, is 4%
j,
the current yield, is 6%
x,
the number of days remaining (computed from
Wednesday of the week of withdrawal) in the
guaranteed term, is 927.
x
365
(1 +
i
)
MVA
=
{
(1 +
j
)
}
927
365
(1.04
)
MVA
=
{
(1.06
)
}
= .9528
In this example, the deposit period yield of 4% is
In this example, the deposit period yield of 5% is
less than the current yield of 6%; therefore, the
less than the current yield of 6%; therefore, the
MVA is less than one. The amount withdrawn
MVA is less than one. The amount withdrawn
from the guaranteed term is multiplied by this
from the guaranteed term is multiplied by this
MVA.
MVA.
If a withdrawal or transfer request of a specific
If a withdrawal or transfer request of a specific
dollar amount is requested, the amount withdrawn
dollar amount is requested, the amount withdrawn
from a guaranteed term will be increased to
from a guaranteed term will be increased to
compensate for the negative MVA amount. For
compensate for the negative MVA amount. For
example, a withdrawal request to receive a check
example, a withdrawal request to receive a check
for $2,000 would result in a $2,099.08 withdrawal
for $2,000 would result in a $2,048.76 withdrawal
from the guaranteed term.
from the guaranteed term.
Assumptions:
i,
the deposit period yield, is 5%
j,
the current yield, is 6%
x,
the number of days remaining (computed from
Wednesday of the week of withdrawal) in the
guaranteed term, is 927.
x
365
(1 +
i
)
MVA
=
{
(1 +
j
)
}
927
365
(1.05
)
MVA
=
{
(1.06
)
}
= .9762
PRO.GAA-08
19
EXAMPLE II
Assumptions:
i,
the deposit period yield, is 6%
j,
the current yield, is 4%
x,
the number of days remaining (computed from
Wednesday of the week of withdrawal) in the
guaranteed term, is 927.
x
365
(1 +
i
)
MVA
=
{
(1 +
j
)
}
927
365
(1.06
)
MVA
=
{
(1.04
)
}
= 1.0496
In this example, the deposit period yield of 6% is
greater than the current yield of 4%; therefore, the
MVA is greater than one. The amount withdrawn
from the guaranteed term is multiplied by this
MVA.
If a withdrawal or transfer request of a specific
dollar amount is requested, the amount withdrawn
from a guaranteed term will be decreased to
reflect the positive MVA amount. For example, a
withdrawal request to receive a check for $2,000
would result in a $1,905.49 withdrawal from the
guaranteed term.
Assumptions:
i,
the deposit period yield, is 5%
j,
the current yield, is 4%
x,
the number of days remaining (computed from
Wednesday of the week of withdrawal) in the
guaranteed term, is 927.
x
365
(1 +
i
)
MVA
=
{
(1 +
j
)
}
927
365
(1.05
)
MVA
=
{
(1.04
)
}
= 1.0246
In this example, the deposit period yield of 5% is
greater than the current yield of 4%; therefore,
the MVA is greater than one. The amount
withdrawn from the guaranteed term is
multiplied by this MVA.
If a withdrawal or transfer request of a specific
dollar amount is requested, the amount
withdrawn from a guaranteed term will be
decreased to reflect the positive MVA amount.
For example, a withdrawal request to receive a
check for $2,000 would result in a $1,951.98
withdrawal from the guaranteed term.
PRO.GAA-08
20
Appendix II
Examples of Market Value Adjustment at Various Yields
The following hypothetical examples show the market value adjustment based on a given current yield at various
times remaining in the guaranteed term. Table A illustrates the application of the market value adjustment based on
a deposit period yield of 6%; Table B illustrates the application of the market value adjustment based on a deposit
period yield of 5%. The market value adjustment will have either a positive or negative influence on the amount
withdrawn from or remaining in a guaranteed term. Also, the amount of the market value adjustment generally
decreases as the end of the guaranteed term approaches.
TABLE A: Deposit Period Yield of 6%
Change in
Deposit
Current
Period
Time Remaining to
Yield
Yield
Maturity of Guaranteed Term
8 Years
6 Years
4 Years
2 Years
1 Year
3 Months
9%
+3%
80.0%
84.6%
89.4%
94.6%
97.2%
99.3%
8%
+2%
86.1%
89.4%
92.8%
96.3%
98.1%
99.5%
7%
+1%
92.8%
94.5%
96.3%
98.1%
99.1%
99.8%
6%
0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
4%
-2%
116.5%
112.1%
107.9%
103.9%
101.9%
100.5%
3%
-3%
125.8%
118.8%
112.2%
105.9%
102.9%
100.7%
2%
-4%
136.0%
126.0%
116.6%
108.0%
103.9%
101.0%
1%
-5%
147.2%
133.6%
121.3%
110.1%
105.0%
101.2%
TABLE B: Deposit Period Yield of 5%
Change in
Deposit
Current
Period
Time Remaining to
Yield
Yield
Maturity of Guaranteed Term
8 Years
6 Years
4 Years
2 Years
1 Year
3 Months
9%
+4%
74.1%
79.9%
86.1%
92.8%
96.3%
99.1%
8%
+3%
79.8%
84.4%
89.3%
94.5%
97.2%
99.3%
7%
+2%
86.0%
89.3%
92.7%
96.3%
98.1%
99.5%
6%
+1%
92.7%
94.5%
96.3%
98.1%
99.1%
99.8%
4%
-1%
108.0%
105.9%
103.9%
101.9%
101.0%
100.2%
3%
-2%
116.6%
112.2%
108.0%
103.9%
101.9%
100.5%
2%
-3%
126.1%
119.0%
112.3%
106.0%
102.9%
100.7%
1%
-4%
136.4%
126.2%
116.8%
108.1%
104.0%
101.0%
PRO.GAA-08
21
form10k_iliac-123107
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_______________________
FORM 10-K
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended
December
31, 2007
Commission File Number:
333-141040, 333-133157, 333-133158, 333-130833, 333-130827
ING LIFE INSURANCE AND ANNUITY COMPANY
(Exact name of registrant as specified in its charter)
Connecticut
(State or other jurisdiction of incorporation or organization)
One Orange Way
Windsor, Connecticut
(Address of principal executive offices)
71-0294708
(IRS Employer Identification No.)
06095-4774
(Zip Code)
(860) 580-4646
(Registrant's telephone number, including area code)
151 Farmington Avenue
Hartford, Connecticut  06156
Former name, former address and former fiscal year, if changed since last report
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes
o
No
x
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes
o
No
x
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13
or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.       Yes
x
No
o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by
reference in Part III of this form 10-K or any amendment to this Form 10-K.       Yes
x
No
o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See definition of "large accelerated filer", "accelerated filer", and "smaller reporting company" in Rule 12b-2 of the Exchange Act.  (Check one):
Large accelerated filer
o
Accelerated filer
o
Non-accelerated filer
x
(Do not check if a smaller
reporting company)
Smaller reporting company
o
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).        Yes
o
No
x
State the aggregate market value of the voting and non-voting common equity held by
non-affiliates:     N/A
APPLICABLE ONLY TO CORPORATE ISSUERS:
Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date: 250,000 shares of Common Stock, $10 par value, as of March 25, 2008, are authorized, issued, and outstanding, all of which were directly owned by Lion Connecticut Holdings Inc.
NOTE: WHEREAS ING LIFE INSURANCE AND ANNUITY COMPANY MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION I(1)(a) AND (b) OF FORM 10-K, THIS FORM IS BEING FILED WITH THE REDUCED DISCLOSURE FORMAT PURSUANT TO GENERAL INSTRUCTION I(2).
1
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Annual Report on Form 10-K
For the Year Ended December
31, 2007
TABLE
OF
CONTENTS
PAGE
PART
I
Item 1.
Business
**
3
Item 1A.
Risk Factors
11
Item 1B.
Unresolved Staff Comments
****
18
Item 2.
Properties
**
18
Item 3.
Legal Proceedings
19
Item 4.
Submission of Matters to a Vote of Security Holders
*
19
PART
II
Item 5.
Market for Registrant's Common Equity, Related Stockholder Matters
20
and Issuer Purchases of Equity Securities
Item 6.
Selected Financial Data
***
21
Item 7.
Management's Narrative Analysis of the Results of Operations and
22
Financial Condition
**
Item 7A
.
Quantitative and Qualitative Disclosures About Market Risk
58
Item 8.
Financial Statements and Supplementary Data
61
Item 9.
Changes in and Disagreements With Accountants on Accounting and
Financial Disclosure
119
Item 9A.
Controls and Procedures
119
Item 9B.
Other Information
120
PART
III
Item 10.
Directors, Executive Officers, and Corporate Governance
*
121
Item 11.
Executive Compensation
*
121
Item 12.
Security Ownership of Certain Beneficial Owners and Management
and Related Stockholder Matters
*
121
Item 13.
Certain Relationships, Related Transactions, and Director Independence
*
121
Item 14.
Principal Accounting Fees and Services
122
PART
IV
Item 15.
Exhibits, Consolidated Financial Statement Schedules
124
Index to Consolidated Financial Statement Schedules
125
Signatures
129
Exhibits Index
130
*          Item omitted pursuant to General Instruction I(2) of Form 10-K, except as to Part III, Item 10 with respect to compliance with Sections 406  and
407 of the Sarbanes-Oxley Act of 2002.
**        Items prepared in accordance with General Instruction I(2) of Form 10-K.
***       Although item may be omitted pursuant to General Instruction I(2) of Form 10-K, the Company has provided certain disclosure under this item.
****     Item omitted as registrant is neither an accelerated filer nor a well-known seasoned issuer.
2
PART I
Item 1.
Business
(Dollar amounts in millions, unless otherwise stated)
Organization of Business
ING Life Insurance and Annuity Company ("ILIAC") is a stock life insurance company domiciled in the state of Connecticut.  ILIAC and its wholly-owned subsidiaries (collectively, the "Company") are providers of financial products and services in the United States.  ILIAC is authorized to conduct its insurance business in all states and in the District of Columbia.
The consolidated financial statements include ILIAC and its wholly-owned subsidiaries, ING Financial Advisers, LLC ("IFA") and Directed Services LLC ("DSL").  ILIAC is a direct, wholly-owned subsidiary of Lion Connecticut Holdings Inc. ("Lion" or "Parent"), which is an indirect, wholly-owned subsidiary of ING Groep N.V. ("ING").  ING is a global financial services holding company based in The Netherlands, with American Depository Shares listed on the New York Stock Exchange under the symbol "ING."
On December 1, 2006, Lion contributed to ILIAC, Directed Services, Inc. ("DSI"), a New York corporation registered as a broker-dealer under the Securities Exchange Act of 1934 and as an investment advisor under the Investment Advisors Act of 1940, whose primary functions were the distribution of variable insurance products and investment advisory services for open-end mutual funds.  Additionally, on December 12, 2006, ILIAC organized DSL as a wholly-owned Delaware limited liability company.  On December 31, 2006, DSI merged with and into DSL and ceased to exist.  Upon merger, the operations and broker-dealer and investment advisor registrations of DSI were consolidated into DSL, the surviving company.  Effective January 1, 2007, ILIAC's investment advisory agreement with certain variable funds offered in Company products was assigned to DSL.
Statement of Financial Accounting Standards ("FAS") No. 141, "Business Combinations", excludes transfers of net assets or exchanges of shares between entities under common control, and notes that certain provisions under Accounting Principles Board ("APB") Opinion No. 16, "Business Combinations", provide a source of guidance for such transactions.  In accordance with APB Opinion No. 16, financial information of the combined entity is presented as if the entities had been combined for the full year, and all comparative financial statements are restated and presented as if the entities had previously been combined, in a manner similar to a pooling-of-interests.  The consolidated financial statements give effect to the DSL consolidation transactions as if they had occurred on January 1, 2004 and include the following:
2006
2005
Total revenue
$
594.9
$
507.7
Net income
35.8
28.2
Additional paid-in capital:
Dividends paid
25.0
20.5
Employee share-based payments
0.1
0.2
3
On May 11, 2006, ILIAC organized Northfield Windsor LLC ("NWL") as a wholly-owned subsidiary for the purpose of purchasing, constructing, developing, leasing, and managing a new corporate office facility to be located at One Orange Way, Windsor, Connecticut (the "Windsor Property").  Effective October 1, 2007, the principal executive office of ILIAC was changed to One Orange Way, Windsor, Connecticut.
On October 31, 2007, ILIAC's subsidiary, NWL merged with and into ILIAC.  As of the merger date, NWL ceased to exist, and ILIAC became the surviving corporation.  The merger did not have an impact on ILIAC's consolidated results of operations and financial position, as NWL was a wholly-owned subsidiary and already included in the consolidated financial statements for all periods presented since its formation.
Description of Business
The Company offers qualified and nonqualified annuity contracts that include a variety of funding and payout options for individuals and employer-sponsored retirement plans qualified under Internal Revenue Code Sections 401, 403, 408, and 457, as well as nonqualified deferred compensation plans.  The Company's products are offered primarily to individuals, pension plans, small businesses, and employer-sponsored groups in the health care, government, and education markets (collectively "not-for-profit" organizations) and corporate markets.  The Company's products are generally distributed through pension professionals, independent agents and brokers, third party administrators, banks, dedicated career agents, and financial planners.
See "Reserves" for a discussion of the Company's reserves by product type.
The Company has one operating segment, which offers the products described below.
Products and Services
Products offered by the Company include deferred and immediate (payout annuities) annuity contracts.  Company products also include programs offered to qualified plans and nonqualified deferred compensation plans that package administrative and record-keeping services along with a variety of investment options, including affiliated and nonaffiliated mutual funds and variable and fixed investment options.  In addition, the Company offers wrapper agreements entered into with retirement plans, which contain certain benefit responsive guarantees (i.e., liquidity guarantees of principal and previously accrued interest for benefits paid under the terms of the plan) with respect to portfolios of plan-owned assets not invested with the Company.  The Company also offers investment advisory services and pension and retirement savings plan administrative services.
Annuity contracts offered by the Company contain variable and fixed investment options.  Variable options generally provide for assumption by the customer of investment risks.  Assets supporting variable annuity options are held in separate accounts that invest in mutual funds managed and/or distributed by ILIAC, its affiliates, or unaffiliated entities.  Variable separate account investment income and realized capital gains and losses are not reflected in the Consolidated Statements of Operations.
4
Fixed options are either "fully-guaranteed" or "experience-rated".  Fully-guaranteed fixed options provide guarantees on investment returns and maturity values.  Experience-rated fixed options require the contractowner to assume certain investment risks, including realized capital gains and losses on the sale of invested assets, and other risks subject to, among other things, principal and interest guarantees.
The Company's variable annuities offer one or more of the following guaranteed minimum death benefits:
Guaranteed Minimum Death Benefits
("GMDBs"):
§
Standard - Guarantees that, upon death, the death benefit will be no less than the premiums paid by the contractowner, adjusted for any contract withdrawals.
§
Annual Ratchet - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Standard or (2) the maximum contract anniversary value of the variable annuity.
§
Five Year Ratchet - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Standard or (2) the maximum contract quinquennial anniversary value of the variable annuity.
§
Combination Annual Ratchet and 5% RollUp - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Annual Ratchet or (2) aggregate premiums paid by the contractowner accruing interest at 5% per annum.
§
Combination Seven-Year Ratchet and 4% RollUp - Guarantees that, upon death, the death benefit will be no less than the greater of (1) a seven year ratchet or (2) aggregate premiums paid by the contractowner accruing interest at 4% per annum.
Products offering Annual Ratchet, Five Year Ratchet, Combination Ratchet and 5% RollUp, and Combination Seven-Year Ratchet and 4% RollUp, guarantees are no longer being sold by the Company.
Variable annuity contracts containing guaranteed minimum death benefits expose the Company to equity risk.  A decrease in the equity markets may cause a decrease in the account values, thereby increasing the possibility that the Company may be required to pay amounts to customers due to guaranteed death benefits.  An increase in the value of the equity markets may increase account values for these contracts, thereby decreasing the Company's risk associated with the GMDBs.  Most contracts with GMDBs are reinsured to third party reinsurers to mitigate the risk produced by such guaranteed death benefits.
Fees and Margins
Insurance and expense charges, investment management fees, and other fees earned by the Company vary by product and depend on, among other factors, the funding option selected by the customer under the product.  For annuity products where assets are allocated to variable funding options, the Company may charge the separate account asset-based insurance and expense fees.
5
In addition, where the customer selects a variable funding option, the Company may receive compensation from the fund's adviser, administrator, or other affiliated entity, for the performance of certain services.  The Company may also receive administrative service, distribution (12b-1), and/or service plan fees from the funds in which customers invest, in addition to compensation from the fund's adviser, administrator, or other affiliated entity for the performance of certain services.
For fixed funding options, the Company earns a margin that is based on the difference between income earned on the investments supporting the liability and interest credited to customers.
In connection with programs offered to qualified plans and nonqualified deferred compensation plans that package administrative and recordkeeping services along with a menu of investment options, the Company may receive 12b-1 and service plan fees, as well as compensation from the affiliated or nonaffiliated fund's advisor, administrator, or other affiliated entity for the performance of certain shareholder services.
The Company may also receive other fees or charges depending on the nature of the products.
Strategy, Method of Distribution, and Principal Markets
The Company's products are offered primarily to individuals, pension plans, small businesses, and employer-sponsored groups in not-for-profit organizations, and corporate markets.  The Company's products generally are distributed through pension professionals, independent agents and brokers, third party administrators, banks, dedicated career agents, and financial planners.
The Company is not dependent upon any single customer and no single customer accounted for more than 10% of consolidated revenue in 2007.  In addition, the loss of business from any one, or a few, independent brokers or agents would not have a material adverse effect on the Company.
Assets Under Management and Administration
A substantial portion of the Company's fees, or other charges and margins, are based on general and separate account assets under management ("AUM").  General account AUM represents assets in which the Company bears the investment risk, while separate account AUM represent assets in which the contractowners bear the investment risk.  AUM is principally affected by net deposits (i.e., new deposits, less surrenders and other outflows) and investment performance (i.e., interest credited to contractowner accounts for fixed options or market performance for variable options).  A portion of the Company's fee income is also based on assets under administration ("AUA"), which are assets not included on the Company's Consolidated Balance Sheets and for which the Company provides administrative services only.  The general and separate account AUM, AUA, and
deposits, were as follows at December 31, 2007 and 2006.
6
2007
2006
New deposits:
Variable annuities
$
6,418.4
$
5,884.9
Fixed annuities
1,531.9
1,808.7
Stabilizer
743.9
-
Total new deposits
$
8,694.2
$
7,693.6
Assets under management:
Variable annuities
$
42,969.5
$
39,992.9
Fixed annuities
15,145.7
16,287.5
Total annuities
58,115.2
56,280.4
Plan sponsored and other
1,383.2
4,709.9
Total assets under management
59,498.4
60,990.3
Assets under administration
27,876.7
25,950.4
Total assets under management
and administration
$
87,375.1
$
86,940.7
AUM are generally available for contractowner withdrawal and are generally subject to market value adjustments and/or deferred surrender charges.  To encourage customer retention and recover acquisition expenses, contracts typically impose a surrender charge on contractowner balances withdrawn within a period of time after the contract's inception.  The period of time and level of the charge vary by product.  In addition, an approach incorporated into certain recent variable annuity contracts with fixed funding options allows contractowners to receive an incremental interest rate if withdrawals from the fixed account are spread over a period of five years.  Further, more favorable credited rates may be offered after policies have been in force for a period of time.  Existing tax penalties on annuity and certain custodial account distributions prior to age 59-1/2 provide further
disincentive to customers for premature surrenders of account balances, but generally do not impede transfers of those balances to products of competitors.
Competition
Within the retirement services business, competition from traditional insurance carriers, as well as banks, mutual fund companies, and other investment managers, offers consumers many choices.  Principal competitive factors are reputation for investment performance, product features, service, cost, and the perceived financial strength of the investment manager. Competition may affect, among other matters, both business growth and the pricing of the Company's products and services.
Reserves
The Company records as liabilities reserves to meet the Company's future obligations under its variable annuity and fixed annuity products.
Future policy benefits and claims reserves include reserves for deferred annuities and immediate annuities with and without life contingent payouts.
7
Reserves for individual and group deferred annuity investment contracts and individual immediate annuities without life contingent payouts are equal to cumulative deposits, less charges and withdrawals, plus credited interest thereon, net of adjustments for investment experience that the Company is entitled to reflect in future credited interest.  Reserve interest rates vary by product and range from 1.6% to 7.8% for the years 2007, 2006, and 2005.  Certain reserves also include unrealized gains and losses related to investments and unamortized realized gains and losses on investments for experience-rated contracts.  Reserves on experience-rated contracts reflect the rights of contractowners, plan participants, and the Company.  Reserves for group immediate annuities without life contingent payouts are equal to the discounted value of the payment at the implied break-even rate.
Reserves for individual immediate annuities with life contingent payout benefits are computed on the basis of assumed interest discount rates, mortality, and expenses, including a margin for adverse deviations.  Such assumptions generally vary by annuity type plan, year of issue, and policy duration.  For the years 2007, 2006, and 2005, reserve interest rates ranged from 5.1% to 5.9%.
The Company's domestic individual life insurance business was disposed of on October 1, 1998 via an indemnity reinsurance agreement.  The Company includes an amount in Reinsurance recoverable on the Consolidated Balance Sheets, which equals the Company's total individual life reserves.  Individual life reserves are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets.
As discussed under "Products and Services," the Company also has guaranteed death benefits included in variable annuities, which are included in reserves.
Reinsurance Arrangements
The Company utilizes indemnity reinsurance agreements to reduce its exposure to losses from its annuity insurance business.  Reinsurance permits recovery of a portion of losses from reinsurers, although it does not discharge the Company's primary liability as the direct insurer of the risks.  Reinsurance treaties are structured as yearly renewable term, coinsurance, or modified coinsurance.  All agreements that the Company currently has relate to specifically-identified blocks of business or contracts; therefore the agreements do not cover new contracts written, if any.
The Company has a significant concentration of reinsurance arising from the disposition of its individual life insurance business.  In 1998, the Company entered into an indemnity reinsurance arrangement with certain subsidiaries of Lincoln National Corporation ("Lincoln").  At December 31, 2007 and 2006, the Company had $2.6 billion and $2.7 billion, respectively, related to reinsurance recoverable from those subsidiaries of Lincoln.  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.
The Company evaluates the financial strength of potential reinsurers and continually monitors the financial strength and credit ratings of its reinsurers.  Only those reinsurance recoverable balances deemed probable of recovery are reflected as assets on the Company's Consolidated Balance Sheets.
8
Investment Overview and Strategy
The Company's investment strategy focuses on diversification by asset class.  The Company seeks to achieve economic diversification, while reducing overall credit risk and liquidity risk.  In addition, the Company seeks to mitigate the impact of cash flow variability from embedded options within certain investment products, such as prepayment options, interest rate options embedded in collateralized mortgage obligations, and call options embedded in corporate bonds.  The investment management function is centralized under ING Investment Management LLC, an affiliate of the Company, pursuant to an investment advisory agreement.  Separate portfolios are established for groups of products with similar liability characteristics within the Company.
The Company's general account invests primarily in fixed maturity investments, including publicly issued bonds (including government bonds), privately placed notes and bonds, mortgage-backed securities, and asset-backed securities.  The primary investment strategy is to optimize the risk-adjusted return through superior asset selection predicated on a developed relative value approach, credit research and monitoring, superior management of interest rate risk, and active exploration into new investment product opportunities. Investments are purchased when market returns, adjusted for risk and expenses, are sufficient to profitably support growth of the liability block of business. In addition, assets and liabilities are analyzed and reported for internal management purposes on an option-adjusted basis. The level of required capital of given transactions is a primary factor in
determining relative value among different investment and liability alternatives, within the scope of each product type's objective. An active review of existing holdings identifies specific assets that could be effectively traded in order to enhance the risk-adjusted returns of the portfolio, while minimizing adverse tax and accounting impacts.  The Company strives to maintain a portfolio weighted average asset quality rating of A, based on Standard & Poor's ("S&P") ratings classifications.  The weighted average excludes mortgage loans, but includes mortgage-backed securities, which are reported with bonds.
The Company uses derivatives for hedging purposes to reduce the Company's exposure to cash flow variability of assets and liabilities, interest rate risk, credit risk, and market risk. In addition, the Company uses credit default swaps to reduce the credit loss exposure with respect to certain assets that the Company owns, or to assume credit exposure to certain assets that the Company does not own.  These credit default swaps are similar in credit risk to bonds of the named issuer and allow the Company to gain access to a broader, more diversified pool of credit risks. See "Liquidity and Capital Resources - Derivatives" in Management's Narrative Analysis of the Results of Operations and Financial Condition for further discussion of the Company's use of derivatives.
Ratings
On August 23, 2005, S&P reaffirmed its AA (Very Strong) counterparty credit and financial strength rating of ING's primary U.S. insurance operating companies ("ING U.S."), including the Company.  S&P also, on that date, affirmed the stable outlook on the core insurance operating companies.  There has been no change in S&P's rating of ING U.S., including the Company, since that date.
9
On July 25, 2007, Moody's Investor's Service, Inc. ("Moody's") affirmed the financial strength rating of the Company, of Aa3 (Excellent) with a stable outlook.  On February 12, 2008, Moody's assigned a short-term financial strength rating of Prime-1 (P-1) and reaffirmed the long-term financial strength rating of Aa3.  The rating is based on the strong implicit support and financial strength of the parent company, ING.
On May 11, 2007, A.M. Best Company, Inc. ("A.M. Best") reaffirmed the financial strength rating of A+ (Superior) of ING U.S., including the Company, with a stable outlook.  A.M. Best assigned an issuer credit rating of aa- to ILIAC at that time.
Regulation
T
he Company's operations are subject to comprehensive regulation throughout the United States.  The laws of the various jurisdictions establish supervisory agencies, including the state insurance departments, with broad authority to grant licenses to transact business and regulate many aspects of the products and services offered by the Company, as well as solvency and reserve adequacy.  Many agencies also regulate the investment activities of insurance companies on the basis of quality, diversification, and other quantitative criteria.  The Company's operations and accounts are subject to examination at regular intervals by certain of these regulators.
ILIAC is subject to the insurance laws of the State of Connecticut, where it is domiciled, and other jurisdictions in which it transacts business.  The primary regulators of the Company's insurance operations are the insurance departments of Connecticut and New York.  Among other matters, these agencies may regulate trade practices, agent licensing, policy forms, underwriting and claims practices, minimum interest rates to be credited to fixed annuity contractowner accounts, and the maximum interest rates that can be charged on policy loans.
The Securities and Exchange Commission ("SEC"), the Financial Industry Regulatory Authority ("FINRA"), the self-regulatory organization which succeeded to the regulatory functions of the National Association of Securities Dealers and the New York Stock Exchange, and, to a lesser extent, the states, regulate the sales and investment management activities and operations of the Company.  Generally, the Company's variable annuity products and certain of its fixed annuities are registered as securities with the SEC.  Regulations of the SEC, Department of Labor, and Internal Revenue Service also impact certain of the Company's annuity and other investment and retirement products.  These products may involve separate accounts and mutual funds registered under the Investment Company Act of 1940.  The Company also provides a variety of products and services to
employee benefit plans that are covered by the Employee Retirement Income Security Act of 1974.
Insurance Holding Company Laws
A number of states regulate affiliated groups that include insurers such as the Company under holding company statutes.  These laws, among other things, place certain restrictions on investments in, or transactions with, affiliates and may require prior approval of the payment of certain dividends by the Company to its parent.
10
Insurance Company Guaranty Fund Assessments
Insurance companies are assessed the costs of funding the insolvencies of other insurance companies by the various state guaranty associations, generally based on the amount of premiums companies collect in that state.
The Company accrues the cost of future guaranty fund assessments based on estimates of insurance company insolvencies provided by the National Organization of Life and Health Insurance Guaranty Associations and the amount of premiums written in each state.  The Company has estimated this liability to be $7.9 as of December 31, 2007 and 2006.  The Company has also recorded an asset of $5.9 and $5.6 as of December 31, 2007 and 2006, respectively, for future credits to premium taxes for assessments already paid.
For information regarding certain other potential regulatory changes relating to the Company's businesses, see Item 1A. Risk Factors.
Employees and Other Shared Services
ILIAC had 2,076 employees as of December 31, 2007, primarily focused on managing new business processing, product distribution, marketing, customer service, and product management for the Company, as well as, providing product development, actuarial, and finance services to the Company.  The Company also utilizes services provided by ING North America Insurance Corporation and other affiliates.  These services include risk management, human resources, investment management, information technology, and legal and compliance services, as well as other new business processing, actuarial, and finance related services.  The affiliated companies are reimbursed for the Company's use of various services and facilities under a variety of intercompany agreements.
Item 1A.
Risk Factors
In addition to the normal risks of business, the Company is subject to significant risks and uncertainties, including those which are described below.
Equity market volatility could negatively impact profitability and financial condition
The decline of the United States and international equity markets over an extended period of time may reduce the profitability and negatively affect the financial condition of the Company due to the following:
§
Sales of variable annuity products may decrease as prospective customers seek products with higher returns.
§
Account values of separate accounts that support variable annuity products may decrease, which results in a decrease in fees and profits earned on the accounts.  The amount of fees the Company earns on variable annuity products is based on such account values.
11
§
If the Company's expectations of future performance and profits decrease, it may be required to accelerate the amortization of deferred policy acquisition costs and value of business acquired, as applicable, decreasing profits.
§
If the Company's net amount at risk under certain guaranteed minimum death benefits increases, the amount of required reserve increases.  If reserves are not adequate, the Company may need to increase reserves through a charge to earnings.
Changes in interest rates could have a negative impact on profitability and financial condition
Changes in interest rates may be caused by either changes in the underlying risk free rates or changes in the credit spreads required for various levels of risk within the market.  Changes in interest rates may negatively affect the Company's attempts to maintain profitable margins between the amounts earned on its general account investments and the amounts paid under its annuity contracts.
As interest rates rise, fixed annuity contract surrenders and withdrawals may increase as contractowners seek higher returns.   To raise the cash necessary to fund such surrenders and withdrawals, the Company may need to sell assets at capital losses.  An increase in contract surrenders and withdrawals may also require the Company to accelerate amortization of deferred policy acquisition costs and value of business acquired, as applicable, relating to such contracts, further reducing profits.  In addition, rising interest rates increase unrealized losses for fixed maturities and certain derivatives where the Company assumes credit exposure.  Significant or sustained increases in interest rates may result in increased other-than-temporary impairments.
As interest rates decline, borrowers may prepay or redeem mortgages and bonds with embedded call options that are owned as investments by the Company.  This may force the Company to reinvest the proceeds at lower interest rates.
All of the Company's fixed annuity products, and the fixed account options included in some of the Company's annuity products, contain minimum interest rate guarantees that limit the Company's ability to lower interest rates credited to contractowners in response to lower investment returns.  A decrease in the difference between earned investment income and the interest credited to contractowners further reduces profits.  This decrease in profits may also require the Company to accelerate amortization of deferred policy acquisition costs and value of business acquired, as applicable.
The Company's
investment portfolio is subject to risks that may reduce the value of invested assets and adversely affect sales, profitability, and investment returns credited to contractowners
The Company's investment portfolio is subject to several risks, including the following:
12
§
An increase in defaults or delinquency in investment portfolios, including derivative contracts;
§
Greater difficulty selling privately placed and certain asset-backed fixed maturity securities and commercial mortgage loans at attractive prices and in a timely manner, as all are less liquid than publicly traded fixed maturity securities;
§
Borrower prepayment or redemption, prior to maturity, of mortgages that back mortgage-backed securities and bonds with embedded call options could force the Company to reinvest proceeds at lower interest rates;
§
An increase in environmental liability exposure from the Company's commercial mortgage loan portfolio; and
§
Losses in the commercial mortgage loan portfolio as a result of economic downturns or natural disasters.
Changes in underwriting and actual experience could materially affect profitability
The Company prices its products based on long-term assumptions regarding investment returns, mortality, persistency, and operating costs.  Management establishes target returns for each product based upon these factors and the average amount of regulatory and rating agency capital that the Company must hold to support in-force contracts.  The Company monitors and manages pricing and sales mix to achieve target returns.  Profitability from a new business emerges over a period of years, depending on the nature and life of the product, and is subject to variability as actual results may differ from pricing assumptions.
The Company's profitability depends on the following:
§
Adequacy of investment margins;
§
Management of market and credit risks associated with investments;
§
Ability to maintain premiums and contract charges at a level adequate to cover mortality, benefits, and contract administration expenses;
§
Adequacy of contract charges on variable contracts to cover the cost of product features;
§
Persistency of policies to ensure recovery of acquisition expenses and value of business acquired, as applicable; and
§
Management of operating costs and expenses within anticipated pricing allowances.
A downgrade in
the Company's ratings may negatively affect profitability and financial condition
Ratings are an important factor in establishing the competitive position of insurance companies.  A downgrade, or the potential for a downgrade, of any of the Company's ratings may lead to lower margins and fee income due to lower assets under management, resulting from:
13
§
Increase in annuity contract surrenders and withdrawals;
§
Termination of relationships with broker-dealers, banks, agents, wholesalers, and other distributors of products and services; and
§
Reduction of new annuity contract sales.
The Company cannot predict what actions rating organizations may take, or what actions the Company may be required to take in response to the actions of rating organizations, which could adversely affect the Company. Rating organizations assign ratings based upon several factors, including the following:
§
Statutory capital;
§
Risk of investment portfolio;
§
Views of the rating organization;
§
Economic trends affecting the financial services industry;
§
Changes in models and formulas used by rating organizations to assess the financial strength of a rated company;
§
Enterprise risk management; and
§
Other circumstances outside the rated company's control.
The Company's results of operations and financial condition may be adversely affected by general economic and business conditions or adverse capital market conditions that are less favorable than anticipated
Factors such as consumer spending, business investment, government spending, the volatility and strength of capital markets and inflation affect the business and economic environment and, ultimately, the amount and profitability of the Company's business.  For example, in an economic downturn characterized by high unemployment, lower family income, lower corporate earnings, lower business investment and lower consumer spending, the demand for financial and insurance products could be adversely affected.  Additionally, slow growth and recessionary periods are often associated with declining asset prices, lower interest rates, credit rating agency downgrades and increasing default losses.
Adverse capital market conditions, such as that recently experienced with the decrease in the value and liquidity of asset-backed securities supported by subprime mortgages, as well as other investments, could also impact the cost of and ability of the Company to issue debt, including commercial paper borrowings. While the Company has various sources of liquidity available, adverse market conditions could impact the cost and availability of these borrowing sources.
Competition could negatively affect the ability to maintain or increase profitability
The insurance industry is intensely competitive.  The Company competes based on factors including the following:
§
Name recognition and reputation;
§
Service;
§
Investment performance;
§
Product features;
§
Price;
14
§
Perceived financial strength; and
§
Claims paying and credit ratings.
The Company's competitors include insurers, broker-dealers, financial advisors, asset managers, and other financial institutions, which may, for example, have greater market share, offer a broader range of products, or have higher claims-paying or credit ratings than the Company.
In recent years, there has been substantial consolidation among companies in the financial services industry resulting in increased competition from large, well-capitalized financial services firms.  Many of these firms also have been able to increase their distribution systems through mergers or contractual arrangements.  Furthermore, larger competitors may lower operating costs and have an ability to absorb greater risk, while maintaining financial strength ratings, allowing them to price products more competitively.  While the Company cannot predict the future level of consolidation, the Company expects consolidation to continue and perhaps accelerate in the future, increasing competitive pressure.
Changes in federal income tax law or interpretations of existing tax law could affect profitability and financial condition by making some products less attractive to contractowners and increasing tax costs of contractowners or the Company
Annuity products that the Company sells currently benefit from one or more forms of tax favored status under current federal tax law. The Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs Act and Growth Tax Relief Reconciliation Act of 2003 contain provisions that will, over time, significantly lower individual tax rates.  This decrease will reduce the benefits of deferral on the build-up of value of annuities.  Many of these provisions expire in 2008 and 2010.  The Bush Administration, however, has proposed that many of the rate reductions and tax-favored savings initiatives be made permanent.  Although the Company cannot predict the overall effect on product sales, some of these tax law changes could hinder sales and result in the increased surrender of annuity contracts.
Additionally, the Company is subject to federal corporation income tax, and benefits from certain federal tax provisions, including but not limited to, dividends received deductions, various tax credits, and insurance reserve deductions. There is risk that changes to federal tax law or in Internal Revenue Service ("IRS") interpretation of existing tax law may be enacted or adopted, and could result in materially higher corporate taxes than would be incurred under existing tax law or interpretation and adversely impact profitability.
Litigation may adversely affect profitability and financial condition
The Company is, and may be in the future, subject to legal actions in the ordinary course of insurance, investment management, and other business operations.  These legal actions may include proceedings relating to aspects of businesses and operations that are specific to the Company, and proceedings that are typical of the businesses in which the Company operates.  Some of these proceedings may be brought on behalf of a class.  Plaintiffs may seek large or indeterminate amounts of damage, including compensatory, liquidated, treble, and/or punitive damages.  Given the large or
15
indeterminate amounts sometimes sought, and the inherent unpredictability of litigation, it is possible that an adverse outcome could, from time to time, have an adverse effect on the Company's reputation, results of operations, or cash flows, in particular quarterly or annual periods.
Changes in regulation in the United States and recent regulatory investigations may reduce profitability
The Company's insurance and securities business is subject to comprehensive state and federal regulation and supervision throughout the United States.  The primary purpose of state regulation is to protect contractowners, and not necessarily to protect creditors and investors.  State insurance and securities regulators, state attorneys general, the National Association of Insurance Commissioners, the SEC, the FINRA, the Department of Labor and the IRS continually reexamine existing laws and regulations and may impose changes in the future.  Changes in legislation and administrative policies, or new interpretations of existing laws, in areas such as employee benefit plan regulation, financial services regulation, and federal taxation, could lessen the competitive advantages of certain of the Company's products, result in the surrender of existing contracts and policies, increase
costs, reduce new product sales, or result in higher taxes affecting the Company, thus reducing the Company's profitability.
Since 2002, the insurance industry has become the focus of increased regulatory scrutiny as various state and federal governmental agencies and self-regulatory organizations conduct inquiries and investigations into the products and practices of the financial services industries.  These initiatives currently focus on areas such as:
§
Inappropriate trading of fund shares;
§
Revenue sharing and directed brokerage;
§
Sales and marketing practices (including sales to seniors);
§
Suitability;
§
Arrangements with service providers;
§
Pricing;
§
Product cost and fees;
§
Compensation and sales incentives;
§
Potential conflicts of interest;
§
Potential anti-competitive activity;
§
Reinsurance;
§
Specific product types (including group annuities and indexed annuities); and
§
Adequacy of disclosure.
It is likely that the scope of these industry investigations will become broader before they conclude.
In some cases, this regulatory scrutiny has led to new proposed legislation and regulation that could significantly affect the financial services industry, including businesses in which the Company is engaged, or has resulted in regulatory penalties, settlements, and litigation.  At this time, the Company does not believe that any of this regulatory scrutiny will have a material adverse affect on it.  The Company cannot guarantee, however, that new laws, regulations, and other regulatory actions aimed at the business practices under scrutiny would not adversely affect its business.  The adoption of new laws and regulations, enforcement actions, or litigation, whether
16
or not involving the Company, could influence the manner in which the Company distributes its products, result in negative coverage of the industry by the media, cause significant harm to the Company's reputation, and adversely impact profitability.
The Company's products are subject to extensive regulation and failure to meet any of the complex product requirements may reduce profitability
The Company's insurance and annuity products are subject to a complex and extensive array of state and federal tax, securities and insurance laws, and regulations, which are administered and enforced by a number of different governmental and self-regulatory authorities, including state insurance regulators, state securities administrators, the SEC, the FINRA, and the IRS.
For example, U.S. federal income tax law imposes requirements relating to insurance and annuity product design, administration, and investments that are conditions for beneficial tax treatment of such products under the Internal Revenue Code.  Failure to administer certain contract features (for example, contractual annuity start dates in nonqualified annuities) could affect such beneficial tax treatment.  Additionally, state and federal securities and insurance laws impose requirements relating to insurance and annuity product design, offering and distribution, and administration.  Failure to meet any of these complex tax, securities, or insurance requirements could subject the Company to administrative penalties imposed by a particular governmental or self-regulatory authority, unanticipated costs associated with remedying such failure or other claims, harm to the Company's reputation,
interruption of the Company's operations, or adversely impact profitability.
A failure of the Company's operating systems or a compromise of security with respect to operating systems or portable electronic devices could adversely affect the Company's results of operations and financial condition
The Company is highly dependent on automated systems to record and process Company and contractowner transactions.  The Company may experience a failure of its operating systems or a compromise of its security due to technical system flaws, clerical or record-keeping errors, or tampering or manipulation of those systems by employees or unauthorized third parties.  Information security risks also exist with respect to the use of portable electronic devices, such as laptops, which are particularly vulnerable to loss and theft.  The Company may also be subject to disruptions of its operating systems arising from events that are wholly or partially beyond its control (for example, natural disasters, acts of terrorism, epidemics, computer viruses, and electrical/telecommunications outages).  All of these risks are also applicable where the Company relies on outside vendors to provide services
to it and its contractowners.  Operating system failures or disruptions or the compromise of security with respect to operating systems or portable electronic devices could subject the Company to regulatory sanctions, or other claims, harm the Company's reputation, interrupt the Company's operations, and adversely affect the Company's business, results of operations, or financial condition.
17
The occurrence of natural or man-made disasters may adversely affect the Company's results of operations and financial condition
The Company is exposed to various risks arising from natural disasters, including hurricanes, floods, earthquakes, tornadoes, and pandemic disease, caused by a virus such as H5N1 (the "Avian flu" virus), as well as man-made disasters, including acts of terrorism and military actions, which may adversely affect assets under management, results of operations and financial condition, as follows:
§
Losses in the Company's investment portfolio due to significant volatility in global financial markets or the failure of counterparties to perform.
§
Changes in the rate of mortality, lapses and surrenders of existing policies/contracts, as well as sales of new policies/contracts.
§
Disruption of the Company's normal business operations due to catastrophic property damage, loss of life, or disruption of public and private infrastructure, including communications and financial services.
While the Company has a business continuation and crisis management plan, there can be no assurance that the Company's plan and insurance coverages would be effective in mitigating any negative effects on operations or profitability in the event of a disaster.
The occurrence of unidentified or unanticipated risks could negatively affect the Company's business or result in losses
The Company has developed risk management policies and procedures and expects to continue to do so in the future.  Nonetheless, the Company's policies and procedures to identify, monitor, and manage risks may not be fully effective.  Many of the Company's methods of managing risk and exposures are based upon observed historical market behavior or statistics based on historical models.  As a result, these methods may not predict future exposures, which could be significantly greater than historical measures indicate.  Other risk management methods depend on the evaluation of information regarding markets, clients, catastrophe occurrence, or other matters, that is publicly available or otherwise accessible to the Company.  This information may not always be accurate, complete, up-to-date or properly evaluated.  Management of operational, legal, and regulatory risks requires,
among other things, policies and procedures to record and verify large numbers of transactions and events.  These policies and procedures may not be fully effective.
Item 1B.
Unresolved Staff Comments
Omitted as registrant is neither an accelerated filer nor a well-known seasoned issuer.
Item 2.
Properties
The Company's home office is located at One Orange Way, Windsor, Connecticut, 06095-4774.  All Company office space other than the home office is leased or subleased by the Company or its other affiliates.  The Company pays substantially all expenses associated with its owned or leased and subleased office properties.
18
Affiliates within ING's U.S. operations provide the Company with various management, finance, investment management and other administrative services, from facilities located at 5780 Powers Ferry Road, N.W., Atlanta, Georgia 30327-4390.  The affiliated companies are reimbursed for the Company's use of these services and facilities under a variety of intercompany agreements.
Item 3.
Legal Proceedings
The Company is involved in threatened or pending lawsuits/arbitrations arising from the normal conduct of business.  Due to the climate in insurance and business litigation/arbitrations, suits against the Company sometimes include claims for substantial compensatory, consequential, or punitive damages, and other types of relief.  Moreover, certain claims are asserted as class actions, purporting to represent a group of similarly situated individuals.  While it is not possible to forecast the outcome of such lawsuits/arbitrations, in light of existing insurance, reinsurance, and established reserves, it is the opinion of management that the disposition of such lawsuits/arbitrations will not have a materially adverse effect on the Company's operations or financial position.
Item 4.
Submission of Matters to a Vote of Security Holders
Omitted pursuant to General Instruction I(2)(c) of Form 10-K.
19
PART II
Item 5.
Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
(Dollar amounts in millions, unless otherwise stated)
There is no public trading market for the common stock of ING Life Insurance and Annuity Company ("ILIAC").  All of ILIAC's outstanding common stock is owned by its parent, Lion Connecticut Holdings Inc. ("Lion" or "Parent"), a Connecticut holding and management company.  All of the outstanding common stock of Lion is owned by ING America Insurance Holdings, Inc. ("ING AIH"), whose ultimate parent is ING Groep N.V. ("ING").
ILIAC's ability to pay dividends to its parent is subject to the prior approval of insurance regulatory authorities of the State of Connecticut for payment of any dividend, which, when combined with other dividends paid within the preceding 12 months, exceeds the greater of (1) ten percent (10%) of ILIAC's statutory surplus at the prior year end or (2) ILIAC's prior year statutory net gain from operations.
During 2007, 2006 and 2005, ILIAC paid $145.0, $256.0, and $20.5, respectively, in dividends on its common stock to Lion.
During 2006, Lion contributed to ILIAC, Directed Services, Inc., which had $50.5 in equity on the date of contribution and was accounted for in a manner similar to a pooling-of-interests.  During 2007, 2006 and 2005, ILIAC did not receive any cash capital contributions from Lion.
20
Item 6.
Selected Financial Data
(Dollar amounts in millions, unless otherwise stated)
ING LIFE INSURANCE AND ANNUITY COMPANY AND SUBSIDIARIES
3-YEAR SUMMARY OF SELECTED FINANCIAL DATA
The following selected financial data has been derived from the consolidated financial statements.  The following selected financial data should be read in conjunction with "Management's Discussion and Analysis of Results of Operations and Financial Condition" and the consolidated financial statements and notes thereto.  Due to the correction of an error related to the identification of unreconciled net liabilities in 2007, Total shareholder's equity, Total assets, and Future policy benefits and claims reserves have been restated for 2006 and 2005.  See Changes to Prior Years Presentation for further discussion on the restatement.
2006
2005
2007
(Restated)
(Restated)
CONSOLIDATED OPERATING RESULTS
Net investment income
$
1,054.7
$
1,029.7
$
1,037.1
Fee income
789.3
714.8
609.6
Premiums
46.8
37.5
43.2
Broker-dealer commission revenue
568.4
429.2
378.1
Net realized capital gains (losses)
(8.2)
3.0
22.0
Total revenue
2,451.9
2,229.9
2,097.7
Interest credited and other benefits to contractowners
822.2
783.7
739.6
Broker-dealer commission expense
568.4
429.2
378.1
Amortization of deferred policy acquisition
costs and value of business acquired
129.2
21.3
159.9
Net income
218.4
301.8
272.7
CONSOLIDATED FINANCIAL POSITION
Total investments
$
17,898.4
$
19,010.5
$
19,961.2
Assets held in separate accounts
48,091.2
43,550.8
35,899.8
Total assets
71,621.0
68,482.3
61,685.7
Future policy benefits and claims reserves
18,569.1
19,984.1
20,921.1
Liabilities related to separate accounts
48,091.2
43,550.8
35,899.8
Total shareholder's equity
3,041.0
3,013.7
2,970.7
ASSETS UNDER MANAGEMENT AND
ADMINISTRATION
Variable annuities
$
42,969.5
$
39,992.9
$
35,067.7
Fixed annuities
15,145.7
16,287.5
17,034.0
Plan sponsored and other
1,383.2
4,709.9
3,335.3
Total assets under management
59,498.4
60,990.3
55,437.0
Assets under administration
27,876.7
25,950.4
23,031.6
Total assets under management and administration
$
87,375.1
$
86,940.7
$
78,468.6
21
Item 7.
Management's Narrative Analysis of the Results of Operations and Financial Condition
(Dollar amounts in millions, unless otherwise stated)
Overview
The following narrative analysis presents a review of the consolidated results of operations of ING Life Insurance and Annuity Company ("ILIAC") and its wholly-owned subsidiaries (collectively, the "Company") for each of the three years ended December 31, 2007, 2006 and 2005, and financial condition as of December 31, 2007 and 2006.  This item should be read in its entirety and in conjunction with the selected financial data, consolidated financial statements and related notes, and other supplemental data, which can be found under Part II, Item 6. and Item 8. contained herein.
Forward-Looking Information/Risk Factors
In connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, the Company cautions readers regarding certain forward-looking statements contained in this report and in any other statements made by, or on behalf of, the Company, whether or not in future filings with the Securities Exchange Commission ("SEC"). Forward-looking statements are statements not based on historical information and which relate to future operations, strategies, financial results, or other developments. Statements using verbs such as "expect," "anticipate," "believe," or words of similar import, generally involve forward-looking statements.  Without limiting the foregoing, forward-looking statements include statements that represent the Company's beliefs concerning future levels of sales and redemptions of the
Company's products, investment spreads and yields, or the earnings and profitability of the Company's activities.
Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to significant business, economic, and competitive uncertainties and contingencies, many of which are beyond the Company's control and many of which are subject to change. These uncertainties and contingencies could cause actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.  Whether or not actual results differ materially from forward-looking statements may depend on numerous foreseeable and unforeseeable developments, including, but not limited to the following:
(1)
Equity market volatility could negatively impact profitability and financial condition;
(2)
Changes in interest rates could have a negative impact on profitability and financial condition;
(3)
The Company's investment portfolio is subject to risks that may reduce the value of invested assets and adversely affect sales, profitability, and investment returns credited to contractowners;
(4)
Changes in underwriting and actual experience could materially affect profitability;
(5)
A downgrade in the Company's ratings may negatively affect profitability and financial condition;
22
(6)
The Company's results of operations and financial condition may be adversely affected by general economic and business conditions or adverse capital market conditions that are less favorable than anticipated;
(7)
Competition could negatively affect the ability to maintain or increase profitability;
(8)
Changes in federal income tax law or interpretations of existing tax law could affect profitability and financial condition by making some products less attractive to contractowners and increasing tax costs of contractowners or the Company;
(9)
Litigation may adversely affect profitability and financial condition;
(10)
Changes in regulation in the United States and recent regulatory investigations may reduce profitability;
(11)
The Company's products are subject to extensive regulation and failure to meet any of the complex product requirements may reduce profitability;
(12)
A failure of the Company's operating systems or a compromise of security with respect to operating systems or portable electronic devices could adversely affect the Company's results of operations and financial condition;
(13)
The occurrence of natural or man-made disasters may adversely affect the Company's results of operations and financial condition; and
(14)
The occurrence of unidentified or unanticipated risks could negatively affect the Company's business or result in losses.
Investors are also directed to consider the risks and uncertainties discussed in Items 1A., 7., and 7A. contained herein, as well as in other documents filed by the Company with the SEC.  Except as may be required by the federal securities laws, the Company disclaims any obligation to update forward-looking information.
Basis of Presentation
ILIAC is a stock life insurance company domiciled in the state of Connecticut.  ILIAC and its wholly-owned subsidiaries are providers of financial products and services in the United States.  ILIAC is authorized to conduct its insurance business in all states and in the District of Columbia.
The consolidated financial statements include ILIAC and its wholly-owned subsidiaries, ING Financial Advisers, LLC ("IFA") and Directed Services LLC ("DSL").  ILIAC is a direct, wholly-owned subsidiary of Lion Connecticut Holdings Inc., which is an indirect, wholly-owned subsidiary of ING Groep N.V.  ING is a global financial services holding company based in The Netherlands, with American Depository Shares listed on the New York Stock Exchange under the symbol "ING."
On December 1, 2006, Lion contributed to ILIAC, Directed Services, Inc. ("DSI"), a New York corporation registered as a broker-dealer under the Securities Exchange Act of 1934 and as an investment advisor under the Investment Advisors Act of 1940, whose primary functions were the distribution of variable insurance products and investment advisory services for open-end mutual funds.  Additionally, on December 12, 2006, ILIAC organized DSL as a wholly-owned Delaware limited liability company.  On December 31, 2006, DSI merged with and into DSL and ceased to exist.  Upon merger, the operations and broker-dealer and investment advisor registrations of DSI were consolidated into DSL, the surviving company.
23
Effective January 1, 2007, ILIAC's investment advisory agreement with certain variable funds offered in Company products was assigned to DSL.
Statement of Financial Accounting Standards ("FAS") No. 141, "Business Combinations", excludes transfers of net assets or exchanges of shares between entities under common control, and notes that certain provisions under Accounting Principles Board ("APB") Opinion No. 16, "Business Combinations", provide a source of guidance for such transactions.  In accordance with APB Opinion No. 16, financial information of the combined entity is presented as if the entities had been combined for the full year, and all comparative financial statements are restated and presented as if the entities had previously been combined, in a manner similar to a pooling-of-interests.  The consolidated financial statements give effect to the DSL consolidation transactions as if they had occurred on January 1, 2004 and include the following:
2006
2005
Total revenue
$
594.9
$
507.7
Net income
35.8
28.2
Additional paid-in capital:
Dividends paid
25.0
20.5
Employee share-based payments
0.1
0.2
On May 11, 2006, ILIAC organized Northfield Windsor LLC ("NWL") as a wholly-owned subsidiary for the purpose of purchasing, constructing, developing, leasing, and managing a new corporate office facility to be located at One Orange Way, Windsor, Connecticut (the "Windsor Property").  Effective October 1, 2007, the principal executive office of ILIAC was changed to One Orange Way, Windsor, Connecticut.
On October 31, 2007, ILIAC's subsidiary, NWL merged with and into ILIAC.  As of the merger date, NWL ceased to exist, and ILIAC became the surviving corporation.  The merger did not have an impact on ILIAC's consolidated results of operations and financial position, as NWL was a wholly-owned subsidiary and already included in the consolidated financial statements for all periods presented since its formation.
The Company has one operating segment.
Critical Accounting Policies
General
The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires the use of estimates and assumptions in certain circumstances that affect amounts reported in the accompanying consolidated financial statements and related footnotes.  These estimates and assumptions are evaluated on an on-going basis based on historical developments, market conditions, industry trends, and other information that is reasonable under the circumstances. There can be no assurance that actual results will conform to estimates and assumptions, and that reported results of operations will not be materially adversely affected by the need to make future accounting adjustments to reflect changes in these estimates and assumptions from time to time.
24
The Company has identified the following estimates as critical in that they involve a higher degree of judgment and are subject to a significant degree of variability: reserves, valuation of investments and other-than-temporary impairments, and amortization of deferred acquisition costs ("DAC") and value of business acquired ("VOBA").  In developing these estimates, management makes subjective and complex judgments that are inherently uncertain and subject to material changes as facts and circumstances develop.  Although variability is inherent in these estimates, management believes the amounts provided are appropriate based upon the facts available upon compilation of the consolidated financial statements.
Reserves
The Company records as liabilities reserves to meet the Company's future obligations under its variable annuity and fixed annuity products.
Future policy benefits and claims reserves include reserves for deferred annuities and immediate annuities with and without life contingent payouts.
Reserves for individual and group deferred annuity investment contracts and individual immediate annuities without life contingent payouts are equal to cumulative deposits, less charges and withdrawals, plus credited interest thereon, net of adjustments for investment experience that the Company is entitled to reflect in future credited interest.  Reserve interest rates vary by product and range from 1.6% to 7.8% for the years 2007, 2006 and 2005.  Certain reserves also include unrealized gains and losses related to investments and unamortized realized gains and losses on investments for experience-rated contracts.  Reserves on experience-rated contracts reflect the rights of contractowners, plan participants, and the Company.  Reserves for group immediate annuities without life contingent payouts are equal to the discounted value of the payment at the implied break-even rate.
Reserves for individual immediate annuities with life contingent payout benefits are computed on the basis of assumed interest discount rates, mortality, and expenses, including a margin for adverse deviations.  Such assumptions generally vary by annuity type plan, year of issue, and policy duration.  For the years 2007, 2006 and 2005, reserve interest rates ranged from 5.1% to 5.9%.
The Company has a significant concentration of reinsurance arising from the disposition of its individual life insurance business.  In 1998, the Company entered into an indemnity reinsurance arrangement with certain subsidiaries of Lincoln National Corporation ("Lincoln").  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.  The Company includes an amount in Reinsurance recoverable on the Consolidated Balance Sheets, which equals the Company's total individual life reserves.  Individual life reserves are included in Future policy benefits and claims reserves of the Consolidated Balance Sheets.
25
Certain variable annuity contracts offer guaranteed minimum death benefits ("GMDB").  The GMDB is accrued in the event the customer's account value at death is below the guaranteed value and is included in reserves.  See Item I, Business, "Products and Services", for a description of the GMDBs.
Valuation of Investments
and Other-Than-Temporary Impairments
All of the Company's fixed maturities and equity securities are currently designated as available-for-sale.  Available-for-sale securities are reported at fair value and unrealized capital gains (losses) on these securities are recorded directly in Shareholder's equity, after adjustment for related changes in experience-rated contract allocations, DAC, VOBA, and deferred income taxes.
The fair values for fixed maturities are largely determined by one of two pricing methods: published price quotations or valuation techniques with market inputs.  Security pricing is applied using a hierarchy or "waterfall" approach, whereby prices are first sought from published price quotations, including pricing services or broker-dealer quotations.  Published price quotations may be unavailable or deemed unreliable due to a limited market for securities that are rarely traded or are traded only in privately negotiated transactions.  As such, fair values for the remaining securities, consisting primarily of privately placed bonds, are then determined using risk-free interest rates, current corporate spreads, the credit quality of the issuer, and cash flow characteristics of the security.
The fair values for actively traded equity securities are based on quoted market prices. For equity securities not actively traded, estimated fair values are based upon values of issues of comparable yield and quality or conversion value, where applicable.
The fair values for short-term investments are based on quoted market prices.
Derivative instruments are reported at fair value primarily using the Company's derivative accounting system. The system uses key financial data, such as yield curves, exchange rates, Standard and Poor's ("S&P") 500 Index prices, and London Inter Bank Offered Rates, which are obtained from third party sources and uploaded into the system.  For those derivatives that are unable to be valued by the accounting system, the Company typically utilizes values established by third party brokers.
The fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between knowledgeable, unrelated willing parties.  As such, the estimated fair value of a financial instrument may differ significantly from the amount that could be realized if the security was sold immediately.
The Company's accounting policy requires that a decline in the value of an investment below its amortized cost basis be assessed to determine if the decline is other-than-temporary.  If so, the investment is deemed to be other-than-temporarily impaired, and a charge is recorded in Net realized capital gains (losses) equal to the difference between fair value and the amortized cost basis of the investment.  The fair value of the other-than-temporarily impaired investment becomes its new cost basis.
26
The evaluation of other-than-temporary impairments included in the Company's general account is a quantitative and qualitative process, which is subject to risks and uncertainties and is intended to determine whether declines in the fair value of investments should be recognized in current period earnings.  The risks and uncertainties include the length of time and extent to which the fair value has been less than amortized cost, the issuer's financial condition and near-term prospects, future economic conditions and market forecasts, and the Company's intent and ability to retain the investment for a period of time sufficient to allow for recovery in fair value.
In addition, the Company invests in structured securities that meet the criteria of Emerging Issues Task Force ("EITF") Issue No. 99-20, "Recognition of Interest Income and Impairment on Purchased and Retained Beneficial Interests in Securitized Financial Assets" ("EITF 99-20").  Under EITF 99-20, a determination of the required impairment is based on the analysis discussed in the preceding paragraph, as well as credit risk and the possibility of significant prepayment risk that restricts the Company's ability to recover the investment.  An impairment is recognized if the fair value of the security is less than amortized cost and there has been an adverse change in cash flow since the last remeasurement date.
Amortization of Deferred Acquisition Costs and Value of Business Acquired
DAC represents policy acquisition costs that have been capitalized and are subject to amortization.  Such costs consist principally of certain commissions, underwriting, contract issuance, and certain agency expenses, related to the production of new and renewal business.
VOBA represents the outstanding value of in force business capitalized in purchase accounting when the Company was acquired and is subject to amortization.  The value is based on the present value of estimated net cash flows embedded in the Company's contracts.
FAS No. 97, "Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments" ("FAS No. 97"), applies to universal life and investment-type products, such as fixed and variable deferred annuities.  Under FAS No. 97, DAC and VOBA are amortized, with interest, over the life of the related contracts in relation to the present value of estimated future gross profits from investment, mortality, and expense margins, plus surrender charges.
Contractowners may periodically exchange one contract for another, or make modifications to an existing contract. Beginning January 1, 2007, these transactions are identified as internal replacements and are accounted for in accordance with Statement of Position ("SOP") 05-1, "Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts" ("SOP 05-1").
27
Internal replacements that are determined to result in substantially unchanged contracts are accounted for as continuations of the replaced contracts.  Any costs associated with the issuance of the new contracts are considered maintenance costs and expensed as incurred. Unamortized DAC and VOBA related to the replaced contracts continue to be deferred and amortized in connection with the new contracts, as follows:
§
For deferred annuities, the estimated future gross profits of the new contracts are treated as revisions to the estimated future gross profits of the replaced contracts in the determination of amortization.
§
As of January 1, 2007, internal replacements that are determined to result in contracts that are substantially changed are accounted for as extinguishments of the replaced contracts, and any unamortized DAC and VOBA related to the replaced contracts are written off to Amortization of deferred policy acquisition costs and value of business acquired in the Consolidated Statements of Operations.
Changes in assumptions can have a significant impact on DAC and VOBA balances and amortization rates.  Several assumptions are considered significant in the estimation of future gross profits associated with variable universal life and variable deferred annuity products.  One of the most significant assumptions involved in the estimation of future gross profits is the assumed return associated with the variable account performance.  The overall return on the variable account is dependent on multiple factors, including the relative mix of the underlying sub-accounts among bond funds and equity funds, as well as equity sector weightings.  Other significant assumptions include surrender and lapse rates, estimated interest spread, and estimated mortality.
Due to the relative size and sensitivity to minor changes in underlying assumptions of DAC and VOBA balances, the Company performs quarterly and annual analyses of DAC and VOBA for the annuity and life businesses, respectively.  The DAC and VOBA balances are also evaluated for recoverability.
At each evaluation date, actual historical gross profits are reflected, and estimated future gross profits and related assumptions are evaluated for continued reasonableness.  Any adjustment in estimated future gross profits requires that the amortization rate be revised ("unlocking") retroactively to the date of the policy or contract issuance.  The cumulative unlocking adjustment is recognized as a component of current period amortization.  In general, sustained increases in investment, mortality, and expense margins, and thus estimated future profits, lower the rate of amortization.  However, sustained decreases in investment, mortality, and expense margins, and thus estimated future gross profits, increase the rate of amortization.
For interest rate and equity sensitivity and related effects on DAC and VOBA, see Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
28
Results of Operations
Overview
Products offered by the Company include qualified and nonqualified annuity contracts that include a variety of funding and payout options for individuals and employer-sponsored retirement plans qualified under Internal Revenue Code Sections 401, 403, 408, and 457, as well as nonqualified deferred compensation plans.
The Company derives its revenue mainly from (a) fee income generated from separate account assets supporting variable options under variable annuity contract investments, as designated by contractowners, (b) investment income earned on assets supporting fixed assets under management ("AUM"), mainly generated from annuity products with fixed investment options, and (c) certain other fees.  The Company's expenses primarily consist of (a) interest credited and other benefits to contractowners, (b) amortization of DAC and VOBA, (c) expenses related to the selling and servicing of the various products offered by the Company, and (d) other general business expenses.  In addition, the Company collects broker-dealer commissions through its subsidiary DSL, which are, in turn, paid to broker-dealers and expensed.
Economic Analysis
The current economic environment presents challenges for the Company and the insurance industry. The Company's sales and financial results continue to be affected by economic trends.
Equity market performance affects the Company, as fee revenue from variable AUM is generally affected by equity market performance. In addition, variable product demand often mirrors consumer demand for equity market investments.  Sales and favorable investment performance in the variable product lines during 2007 favorably impacted variable AUM in 2007.
While the interest rate environment during 2007 has resulted in an increase in unrealized losses as compared to 2006, overall increases in market yields have allowed for improved asset returns, and, therefore, improved margins on fixed products during 2007.
29
Year ended December
31, 2007 compared to year ended December
31, 2006
The Company's results of operations for the year ended December 31, 2007, and changes therein, were primarily impacted by net amortization of DAC and VOBA and operating expenses, partially offset by fee income resulting from higher average variable AUM and favorable net margins on average fixed AUM.
Years
Ended
December
31,
$
Increase
%
Increase
2007
2006
(Decrease)
(Decrease)
Revenues:
Net investment income
$
1,054.7
$
1,029.7
$
25.0
2.4%
Fee income
789.3
714.8
74.5
10.4%
Premiums
46.8
37.5
9.3
24.8%
Broker-dealer commission revenue
568.4
429.2
139.2
32.4
Net realized capital (loss) gains
(8.2)
3.0
(11.2)
NM
Other income
0.9
15.7
(14.8)
(94.3)%
Total revenue
2,451.9
2,229.9
222.0
10.0%
Benefits
and
expenses:
Interest credited and other
benefits to contractowners
822.2
783.7
38.5
4.9%
Operating expenses
652.2
568.3
83.9
14.8%
Broker-dealer commission expense
568.4
429.2
139.2
32.4%
Amortization of deferred policy
acquisition costs and value
of business acquired
129.2
21.3
107.9
NM
Interest expense
5.5
2.9
2.6
89.7%
Total benefits and expenses
2,177.5
1,805.4
372.1
20.6%
Income before income taxes
274.4
424.5
(150.1)
(35.4)%
Income tax expense
56.0
122.7
(66.7)
(54.4)%
Net income
$
218.4
$
301.8
$
(83.4)
(27.6)%
Effective tax rate
20.4%
28.9%
NM - Not meaningful.
Revenues
Total revenue increased for the year ended December 31, 2007, primarily reflecting increases in Fee income and Net investment income and partially offset by an increase in Net realized capital losses and a decrease in Other income.
Fee income
increased for the year ended December 31, 2007, as overall average variable AUM increased, driven by continuing increase in sales and favorable investment performance in variable product lines.
The increase in
Net investment income
for the year ended December 31, 2007, was mainly due to favorable yields on investments supporting average fixed AUM.
The increase in
Premiums
for the year ended December 31, 2007, was entirely offset by the Interest credited and other benefits to contractowners
.
30
The increase in
Net realized capital losses
for the year ended December 31, 2007, was primarily due to realized losses on derivatives, primarily related to losses on interest rate swaps and the widening of credit spreads.
Other income
decreased for the year ended December 31, 2007 due to higher commissions, primarily on the sales of retirement products, during 2006 as compared to 2007.
Benefits and Expenses
Total benefits and expenses increased for the year ended December 31, 2007, primarily due to increases in Amortization of DAC and VOBA, Operating expenses, and Interest credited and other benefits to contractowners.
The increase in
Amortization of DAC and VOBA
for the year ended December 31, 2007, was primarily driven by an increase in actual gross profits related to higher fee income and fixed margins in 2007.  In addition, amortization for the year ended December 31, 2006 was lower due to favorable unlocking, as a result of prospective expense assumption changes.
Operating expenses
for the year ended December 31, 2007 increased in conjunction with the growth of the business and were primarily driven by higher operating expenses and commissions. The increase in commissions was due to higher renewal premiums and higher average variable AUM.
Interest credited and other benefits to contractowners
increased for the year ended December 31, 2007, primarily driven by the increase in reserves associated with minimum guarantees on variable annuities due to the widening of credit spreads in the fourth quarter of 2007.
Income Taxes
Income tax expense
decreased for the year ended December 31, 2007, primarily due to the audit settlement with the State of Connecticut, dividends received deduction, and lower income before taxes.
Year ended December
31, 2006 compared to year ended December
31, 2005
The Company's results of operations for the year ended December 31, 2006, and changes therein, were primarily impacted by DAC and VOBA unlocking, as well as increases in variable AUM which were driven by changing equity markets and cash flows.  Regulatory settlements and interest rate movements had an unfavorable impact on the Company's operations.
31
Years Ended December 31,
$ Increase
% Increase
2006
2005
(Decrease)
(Decrease)
Revenues:
Net investment income
$
1,029.7
$
1,037.1
$
(7.4)
(0.7)%
Fee income
714.8
609.6
105.2
17.3%
Premiums
37.5
43.2
(5.7)
(13.2)%
Broker-dealer commission revenue
429.2
378.1
51.1
13.5%
Net realized capital gains
3.0
22.0
(19.0)
(86.4)%
Other income
15.7
7.7
8.0
NM
Total revenue
2,229.9
2,097.7
132.2
6.3%
Benefits and expenses:
Interest credited and other
benefits to contractowners
783.7
739.6
44.1
6.0%
Operating expenses
568.3
524.3
44.0
8.4%
Broker-dealer commission expense
429.2
378.1
51.1
13.5%
Amortization of deferred policy
acquisition costs and value
of business acquired
21.3
159.9
(138.6)
(86.7)%
Interest expense
2.9
1.6
1.3
81.3%
Total benefits and expenses
1,805.4
1,803.5
1.9
0.1%
Income before income taxes
424.5
294.2
130.3
44.3%
Income tax expense
122.7
21.5
101.2
NM
Net income
$
301.8
$
272.7
$
29.1
10.7%
Effective tax rate
28.9%
7.3%
NM - Not meaningful.
Revenues
Total revenue increased for the year ended December 31, 2006, primarily due to increases in Fee income and Commission revenue, partially offset by a decrease in Net realized capital gains.
Fee income
increased as overall average variable AUM increased, driven by favorable equity market conditions and net cashflow during 2006.
Net realized capital gains
decreased due to higher losses on derivatives, partially offset by realized capital gains on fixed maturities.
Benefits and Expenses
Total benefits and expenses decreased for the year ended December 31, 2006, primarily due to a decrease in Amortization of DAC and VOBA, partially offset by higher Interest credited and other benefits to contractowners and Operating expenses.
Interest credited and other benefits to contractowners
increased for the year ended December 31, 2006, primarily due to regulatory settlements.
32
Operating expenses
for the year ended December 31, 2006 increased due to higher non-deferred commission expense and the continued growth of the business during 2006.
The decrease in
Amortization of DAC and VOBA
in 2006, is primarily driven by favorable unlocking of $83.3, due to assumption changes and model refinements.  In addition, the decrease in amortization reflects lower actual gross profits, primarily due to legal a settlement incurred in 2006.
Income Taxes
Income tax expense
increased for the year ended December 31, 2006, primarily due to the Internal Revenue Service ("IRS") audit settlement in the third quarter of 2005, which related to the Company's tax returns for the years 2000 and 2001. The provision for the year ended December 31, 2005, reflected non-recurring favorable adjustments, due to a reduction in the tax liability that was no longer deemed necessary based on the results of the IRS examination, monitoring the activities of the IRS with respect to certain issues with other taxpayers, and the merits of the Company's positions.
Financial Condition
Investments
Investment Strategy
The Company's investment strategy focuses on diversification by asset class.  The Company seeks to achieve economic diversification, while reducing overall credit risk and liquidity risks.  In addition, the Company seeks to mitigate the impact of cash flow variability from embedded options within certain investment products, such as prepayment options, interest rate options embedded in collateralized mortgage obligations, and call options embedded in corporate bonds.  The investment management function is centralized under ING Investment Management LLC, an affiliate of the Company, pursuant to an investment advisory agreement.  Separate portfolios are established for groups of products with similar liability characteristics within the Company.
The Company's general account invests primarily in fixed maturity investments, including publicly issued bonds (including government bonds), privately placed notes and bonds, mortgage-backed securities, and asset-backed securities. The primary investment strategy is to optimize the risk-adjusted return through superior asset selection predicated on a developed relative value approach, credit research and monitoring, superior management of interest rate risk, and active exploration into new investment product opportunities. Investments are purchased when market returns, adjusted for risk and expenses, are sufficient to profitably support growth of the liability block of business. In addition, assets and liabilities are analyzed and reported for internal management purposes on an option-adjusted basis. The level of required capital of given transactions is a primary factor in
determining relative value among different investment and liability alternatives, within the scope of each product type's objective. An active review of existing holdings identifies specific assets that could be effectively traded in order to enhance the risk-adjusted returns of the portfolio,
33
while minimizing adverse tax and accounting impacts.  The Company strives to maintain a portfolio weighted average asset quality rating of A, based on Standard & Poor's ("S&P") ratings classifications.  The weighted average excludes mortgage loans, but includes mortgage-backed securities which are reported with bonds.
The Company uses derivatives for hedging purposes to reduce the Company's exposure to cash flow variability of assets and liabilities, interest rate risk, credit risk, and market risk. In addition, the Company uses credit default swaps to reduce the credit loss exposure with respect to certain assets that the Company owns, or to assume credit exposure to certain assets that the Company does not own.  These credit default swaps are similar in credit risk to bonds of the named issuer and allow the Company to gain access to a broader, more diversified pool of credit risks. See "Liquidity and Capital Resources - Derivatives" for further discussion of the Company's use of derivatives.
Portfolio Composition
The following table presents the investment portfolio at December 31, 2007 and 2006.
2007
2006
Carrying
Value
%
Carrying
Value
%
Fixed maturities, available-for-sale,
including securities pledged
$
14,250.4
79.6%
$
16,211.7
85.3%
Equity securities, available-for-sale
446.4
2.5%
251.7
1.3%
Mortgage loans on real estate
2,089.4
11.7%
1,879.3
9.9%
Policy loans
273.4
1.5%
268.9
1.4%
Other investments
838.8
4.7%
398.9
2.1%
Total investments
$
17,898.4
100.0%
$
19,010.5
100.0%
Fair Values
The following table identifies the fair value of fixed maturities and equity securities available-for-sale, as well as short-term investments and derivatives by pricing source as of December 31, 2007 and 2006.
Valuation
Valuation
Techniques
Techniques
Published
with
without
Price
Market
Market
2007
Quotations
Inputs
Inputs
Total
Assets:
Fixed maturities, available-for-sale,
including securities pledged
$
11,333.8
$
2,916.6
$
-
$
14,250.4
Equity securities, available-for-sale
446.4
-
-
446.4
Other investments (primarily derivatives
and short-term investments)
168.0
34.7
-
202.7
Liabilities:
Other liabilities (primarily derivatives)
-
200.3
-
200.3
34
Valuation
Valuation
Techniques
Techniques
Published
with
without
Price
Market
Market
Quotations
Inputs
Inputs
Total
2006
Assets:
Fixed maturities, available-for-sale,
including securities pledged
$
13,891.2
$
2,320.5
$
-
$
16,211.7
Equity securities, available-for-sale
251.7
-
-
251.7
Other investments (primarily derivatives
and short-term investments)
5.7
33.6
0.4
39.7
Liabilities:
Other liabilities (primarily derivatives)
-
45.1
0.4
45.5
Fixed Maturities
Fixed maturities, available-for-sale, were as follows as of December 31, 2007.
Gross
Gross
Unrealized
Unrealized
Amortized
Capital
Capital
Fair
Cost
Gains
Losses
Value
Fixed maturities:
U.S. Treasuries
$
11.2
$
0.7
$
-
$
11.9
U.S. government agencies and authorities
0.6
-
-
0.6
State, municipalities, and political subdivisions
66.1
0.1
2.2
64.0
U.S. corporate securities:
Public utilities
1,049.1
10.8
15.6
1,044.3
Other corporate securities
3,855.1
46.1
65.2
3,836.0
Total U.S. corporate securities
4,904.2
56.9
80.8
4,880.3
Foreign securities
(1)
:
Government
379.3
17.1
6.6
389.8
Other
1,955.8
29.9
40.3
1,945.4
Total foreign securities
2,335.1
47.0
46.9
2,335.2
Residential mortgage-backed securities
4,146.1
101.8
63.5
4,184.4
Commercial mortgage-backed securities
1,927.3
10.7
52.3
1,885.7
Other asset-backed securities
924.3
5.5
41.5
888.3
Total fixed maturities, including
fixed maturities pledged
14,314.9
222.7
287.2
14,250.4
Less: fixed maturities pledged
940.2
8.0
14.1
934.1
Total fixed maturities
$
13,374.7
$
214.7
$
273.1
$
13,316.3
(1)
Primarily U.S. dollar denominated.
35
Fixed maturities, available-for-sale, were as follows as of December 31, 2006.
Amortized
Capital
Capital
Fair
Cost
Gains
Losses
Value
Fixed maturities:
U.S. Treasuries
$
25.5
$
0.1
$
-
$
25.6
U.S. government agencies and authorities
276.6
3.6
3.3
276.9
State, municipalities, and political subdivisions
45.4
1.1
0.1
46.4
U.S. corporate securities:
Public utilities
1,111.4
9.1
15.7
1,104.8
Other corporate securities
4,281.8
47.6
62.3
4,267.1
Total U.S. corporate securities
5,393.2
56.7
78.0
5,371.9
Foreign securities
(1)
:
Government
466.0
31.8
3.5
494.3
Other
2,000.4
28.3
33.3
1,995.4
Total foreign securities
2,466.4
60.1
36.8
2,489.7
Residential mortgage-backed securities
4,529.8
52.4
82.2
4,500.0
Commercial mortgage-backed securities
2,261.3
14.0
28.6
2,246.7
Other asset-backed securities
1,258.1
6.5
10.1
1,254.5
Total fixed maturities, including
fixed maturities pledged
16,256.3
194.5
239.1
16,211.7
Less: fixed maturities pledged
1,106.2
6.4
13.1
1,099.5
Total fixed maturities
$
15,150.1
$
188.1
$
226.0
$
15,112.2
(1)
Primarily U.S. dollar denominated.
At December 31, 2007 and 2006, the Company's carrying value of fixed maturities, available-for-sale, including securities pledged to creditors, (hereinafter referred to as "total fixed maturities") represented 79.6% and 85.3%, respectively, of the total general account invested assets.  For the same periods, $10,179.9, or 71.4% of total fixed maturities, and $13,505.3, or 83.3% of total fixed maturities, respectively, supported experience-rated products.
It is management's objective that the portfolio of fixed maturities be of high quality and be well diversified by market sector.  The fixed maturities in the Company's portfolio are generally rated by external rating agencies and, if not externally rated, are rated by the Company on a basis believed to be similar to that used by the rating agencies.  At December 31, 2007 and 2006, the average qualify rating of the Company's fixed maturities portfolio was AA-.  Ratings are calculated using a rating hierarchy that considers S&P, Moody's Investor's Service, Inc., and internal ratings.
36
Total fixed maturities, including securities pledged to creditors, by quality rating category were as follows at December 31, 2007 and 2006.
2007
2006
Fair
%
of
Fair
%
of
Value
Total
Value
Total
AAA
$
6,446.7
45.3%
$
7,824.0
48.2%
AA
956.4
6.7%
1,135.6
7.0%
A
2,114.4
14.8%
2,588.4
16.0%
BBB
3,932.9
27.6%
3,920.4
24.2%
BB
591.0
4.1%
652.8
4.0%
B and below
209.0
1.5%
90.5
0.6%
Total
$
14,250.4
100.0%
$
16,211.7
100.0%
94.4% and 95.4% of fixed maturities were invested in securities rated BBB and above (Investment Grade) at December 31, 2007 and 2006, respectively.
Fixed maturities rated BB and below (Below Investment Grade) may have speculative characteristics, and changes in economic conditions or other circumstances are more likely to lead to a weakened capacity of the issuer to make principal and interest payments than is the case with higher rated fixed maturities.
Total fixed maturities by market sector, including securities pledged to creditors, were as follows at December 31, 2007 and 2006.
2007
2006
Fair
%
of
Fair
%
of
Value
Total
Value
Total
U.S. Treasuries
$
11.9
0.1%
$
25.6
0.2%
U.S. government agencies and authorities
0.6
0.0%
276.9
1.7%
U.S. corporate, state, and municipalities
4,944.3
34.7%
5,418.3
33.3%
Foreign
2,335.2
16.4%
2,489.7
15.4%
Residential mortgage-backed
4,184.4
29.4%
4,500.0
27.8%
Commercial mortgage-backed
1,885.7
13.2%
2,246.7
13.9%
Other asset-backed
888.3
6.2%
1,254.5
7.7%
Total
$
14,250.4
100.0%
$
16,211.7
100.0%
37
The amortized cost and fair value of fixed maturities as of December 31, 2007, are shown below by contractual maturity.  Actual maturities may differ from contractual maturities as securities may be restructured, called, or prepaid.
Amortized
Fair
Cost
Value
Due to mature:
One year or less
$
363.4
$
363.6
After one year through five years
2,440.7
2,451.6
After five years through ten years
2,779.9
2,761.2
After ten years
1,733.2
1,715.6
Mortgage-backed securities
6,073.4
6,070.1
Other asset-backed securities
924.3
888.3
Less: securities pledged to creditors
940.2
934.1
Fixed maturities, excluding securities pledged to creditors
$
13,374.7
$
13,316.3
The Company did not have any investments in a single issuer, other than obligations of the U.S. government and government agencies, with a carrying value in excess of 10% of the Company's shareholder's equity at December 31, 2007 or 2006.
At December 31, 2007 and 2006, fixed maturities with fair values of $13.9 and $11.2, respectively, were on deposit as required by regulatory authorities.
The Company invest in various categories of collateralized mortgage obligations ("CMOs") that are subject to different degrees of risk from changes in interest rates and, for CMOs that are not agency-backed, defaults.  The principal risks inherent in holding CMOs are prepayment and extension risks related to dramatic decreases and increases in interest rates resulting in the prepayment of principal from the underlying mortgages, either earlier or later than originally anticipated.  At December 31, 2007 and 2006, approximately 11.3% and 8.4%, respectively, of the Company's CMO holdings were invested in those types of CMOs which are subject to more prepayment and extension risk than traditional CMOs, such as interest-only or principal-only strips.
Equity Securities
Equity securities, available-for-sale, included investments with fair values of $279.5 and $219.5 in ING proprietary funds as of December 31, 2007 and 2006, respectively.
Subprime Mortgage Exposure
Credit markets have recently become more turbulent amid concerns about subprime mortgages and collateralized debt obligations ("CDOs").  This in turn has resulted in a general widening of credit spreads, reduced price transparency, reduced liquidity, increased rating agency downgrades and increased volatility across certain markets.
To date, this market disruption has had a limited impact on the Company, which does not originate or purchase subprime or Alt-A whole-loan mortgages. Subprime lending is the origination of loans to customers with weaker credit profiles.  The Company defines Alt-A Loans to include residential mortgage loans to customers who have strong credit profiles but lack some element(s), such as documentation to substantiate
38
income.  Commencing in the fourth quarter of 2007, the Company expanded its definition of Alt-A loans to include residential mortgage loans to borrowers that would otherwise be classified as prime but whose loan structure provides repayment options to the borrower that increase the risk of default.  Further, during the fourth quarter, the industry coalesced around classifying any residential mortgage backed securities ("RMBS") not clearly identifiable as prime or subprime into the Alt-A category and the Company is following that lead.  The following summarizes the Company's exposure to subprime and Alt-A mortgages as of December 31, 2007.
As of December 31, 2007, the fair value and gross unrealized losses related to the Company's exposure to subprime mortgages was $410.2 and $32.9, respectively, representing 2.3% of total investments.  95.5% of these securities were rated "AAA" or "AA".  This exposure was primarily in the form of asset-backed securities ("ABS") structures, collateralized by subprime residential mortgages ("ABS Home Equity") and one CDO position backed by ABS Home Equity.  Of the total subprime residential mortgage backed securities portfolio, 35.7% were issued in 2007, 14.8% in 2006, and 49.5% in 2005 and prior.  The ABS CDO had no unrealized loss and a fair value of $0.4 at December 31, 2007.
The Company's exposure to Alt-A mortgages was concentrated in RMBS, and the fair value and gross unrealized losses aggregated to $1.3 billion and $38.1, respectively, representing 7.2% of total investments at December 31, 2007. 99.9% of these securities were AAA-rated.  The Alt-A mortgage backed securities portfolio included 28.4% issued in 2007, 12.9% in 2006, and 58.7% in 2005 and prior.
Total RMBS (including CMO and ABS structures) was $4.2 billion with 9.8% consisting of subprime residential mortgage backed securities and 30.4% consisting of Alt-A mortgage backed securities.  The RMBS portfolio is of high credit quality with 100.0% of the portfolio rated AAA.  Further, 12.4% of the RMBS portfolio was issued by the Government National Mortgage Association ("GNMA" or "Ginnie Mae"), the Federal National Mortgage Association ("FNMA" or "Fannie Mae"), or the Federal Home Loan Mortgage Corporation ("FHLMC" or "Freddie Mac"), which are government agencies or instrumentalities that guarantee the credit quality of the underlying mortgage pools.
Commercial Mortgage-backed and Other Asset-backed Securities
While the delinquency rates on commercial mortgages have been stable in recent years, commercial real estate rents and property values have recently become more volatile.  In addition, there are growing concerns with consumer loans as a result of the current economic environment, which includes lower family income and higher unemployment rates.
At December 31, 2007, the fair value of the Company's Commercial mortgage-backed securities ("CMBS") totaled $1.9 billion, and Other ABS, excluding subprime exposure, totaled $512.8.  CMBS investments represent pools of commercial mortgages that are broadly diversified across property types and geographical areas.  The Other ABS is also broadly diversified both by type and issuer with credit card receivables, automobile receivables, public utility and collateralized loan obligations comprising 34.5%, 18.8%, 17.6% and 13.3%, respectively, of total Other ABS, excluding subprime exposure.
39
The following tables summarize the Company's exposure to CMBS and Other ABS holdings by credit quality and vintage year as of December 31, 2007:
CMBS
% of Total CMBS
Vintage
AAA
84.1%
2007
25.4%
AA
9.3%
2006
11.5%
A
6.4%
2005 and prior
63.1%
BBB
0.2%
Other ABS
% of Total Other ABS
Vintage
AAA
60.1%
2007
26.2%
AA
5.8%
2006
12.9%
A
16.8%
2005 and prior
60.9%
BBB
16.7%
BB and below
0.6%
Mortgage Loans on Real Estate
Mortgage loans on real estate, primarily commercial mortgage loans, totaled $2,089.4 and $1,879.3 at December 31, 2007 and 2006, respectively.  These loans are reported at amortized cost, less impairment write-downs.  If the value of any mortgage loan is determined to be impaired (i.e., when it is probable that the Company will be unable to collect on all amounts due according to the contractual terms of the loan agreement), the carrying value of the mortgage loan is reduced to either the present value of expected cash flows from the loan, discounted at the loan's effective interest rate, or fair value of the collateral.  If the loan is in foreclosure, the carrying value is reduced to the fair value of the underlying collateral, net of estimated costs to obtain and sell.  The carrying value of the impaired loans is reduced by establishing a permanent write-down charged to Net
realized capital gains (losses).  At December 31, 2007 and 2006, the Company had no allowance for mortgage loan credit losses.  The properties collateralizing mortgage loans are geographically dispersed throughout the United States, with the largest concentration of 16.8% and 17.7% and of properties in California at December 31, 2007 and 2006, respectively.
Unrealized Capital Losses
Unrealized capital losses related to fixed maturities are analyzed in detail in the following tables.
Unrealized capital losses in fixed maturities, including securities pledged to creditors, for Investment Grade ("IG") and Below Investment Grade ("BIG") securities by duration were as follows at December 31, 2007 and 2006.
40
2007
2006
%
of
IG
%
of
IG
%
of
IG
%
of
IG
IG
and
BIG
BIG
and
BIG
IG
and
BIG
BIG
and
BIG
Less than six
months below
amortized cost
$
44.8
15.7%
$
4.1
1.4%
$
20.6
8.5%
$
1.2
0.5%
More than six
months and less
than twelve months
below amortized cost
119.5
41.6%
11.8
4.1%
6.6
2.8%
0.7
0.3%
More than twelve
months below
amortized cost
102.0
35.5%
5.0
1.7%
208.9
87.4%
1.1
0.5%
Total unrealized capital loss
$
266.3
92.8%
$
20.9
7.2%
$
236.1
98.7%
$
3.0
1.3%
Unrealized capital losses in fixed maturities at December 31, 2007 and 2006, were primarily related to interest rate movement or spread widening to mortgage and other asset-backed securities.  Mortgage and other asset-backed securities include U.S. government-backed securities, principal protected securities, and structured securities, which did not have an adverse change in cash flows.  The following table summarizes the unrealized capital losses by duration and reason, along with the fair value of fixed maturities, including securities pledged to creditors, in unrealized capital loss positions at December 31, 2007 and 2006.
More
than
Six
Months
Less
than
and
less
than
More
than
Six
Months
Twelve
Months
Twelve
Months
Total
Below
Below
Below
Unrealized
Amortized
Amortized
Amortized
Capital
2007
Cost
Cost
Cost
Loss
Interest rate or spread widening
$
18.8
$
62.3
$
48.8
$
129.9
Mortgage and other asset-backed
securities
30.1
69.0
58.2
157.3
Total unrealized capital loss
$
48.9
$
131.3
$
107.0
$
287.2
Fair value
$
2,256.2
$
2,217.7
$
3,612.1
$
8,086.0
2006
Interest rate or spread widening
$
10.8
$
4.8
$
102.6
$
118.2
Mortgage and other asset-backed
securities
11.0
2.5
107.4
120.9
Total unrealized capital loss
$
21.8
$
7.3
$
210.0
$
239.1
Fair value
$
2,447.4
$
501.5
$
6,726.2
$
9,675.1
Unrealized capital losses in fixed maturities, including securities pledged to creditors, by market sector and duration were as follows at December 31, 2007 and 2006.
41
More
than
Less
than
Six
Months
More
than
Six
Months
and
less
than
Twelve
Months
Total
Below
Twelve
Months
Below
Unrealized
Amortized
Below
Amortized
Amortized
Capital
2007
Cost
Cost
Cost
Loss
U.S. corporate, state, and
municipalities
$
10.7
$
40.7
$
31.6
$
83.0
Foreign
8.1
21.6
17.2
46.9
Residential mortgage-backed
17.3
18.2
28.0
63.5
Commercial mortgage-backed
4.2
33.4
14.7
52.3
Other asset-backed
8.6
17.4
15.5
41.5
Total unrealized capital loss
$
48.9
$
131.3
$
107.0
$
287.2
2006
U.S. government agencies and
authorities
$
2.1
$
1.1
$
0.1
$
3.3
U.S. corporate, state, and
municipalities
6.2
1.6
70.3
78.1
Foreign
2.5
2.1
32.2
36.8
Residential mortgage-backed
6.6
0.8
74.8
82.2
Commercial mortgage-backed
3.5
0.2
24.9
28.6
Other asset-backed
0.9
1.5
7.7
10.1
Total unrealized capital loss
$
21.8
$
7.3
$
210.0
$
239.1
Of the unrealized capital losses aged more than twelve months, the average market value of the related fixed maturities was 96.9% of the average book value as of December 31, 2007.  In addition, this category includes 761 securities, which have an average quality rating of AA.  No other-than-temporary impairment loss was considered necessary for these fixed maturities as of December 31, 2007.
Other-Than-Temporary Impairments
The Company analyzes the general account investments to determine whether there has been an other-than-temporary decline in fair value below the amortized cost basis.  Management considers the length of time and the extent to which the fair value has been less than amortized cost, the issuer's financial condition and near-term prospects, future economic conditions and market forecasts, interest rate changes, and the Company's intent to retain the investment for a period of time sufficient to allow for recovery in fair value.  If it is probable that all amounts due according to the contractual terms of an investment will not be collected, an other-than-temporary impairment is considered to have occurred.
In addition, the Company invests in asset-backed securities.  Determination of the required impairment is based on the analysis discussed in the preceding paragraph, as well as credit risk and the possibility of significant prepayment risk that restricts the Company's ability to recover the investment.  An impairment is recognized if the fair value of the security is less than book value and there has been an adverse change in cash flow since the last remeasurement date.
42
When a decline in fair value is determined to be other-than-temporary, the individual security is written down to fair value, and the loss is recorded in Net realized capital gains (losses).
The following table identifies the Company's other-than-temporary impairments by type for the years ended December 31, 2007, 2006, and 2005.
2007
2006
2005
No.
of
No.
of
No.
of
Impairment
Securities
Impairment
Securities
Impairment
Securities
Limited partnerships
$
3.0
1
$
-
-
$
-
-
U.S. treasuries
-
-
6.4
4
0.1
2
U.S. corporate
36.3
113
24.4
67
3.9
15
Foreign
19.1
54
4.2
10
0.3
1
Residential mortgage-backed
7.1
30
16.6
76
44.7
82
Other asset-backed
10.5
21
7.0
1
-
-
Equity securities
-
-
0.1
3
-
-
Total
$
76.0
219
$
58.7
161
$
49.0
100
The above schedule includes $16.4, $16.1, and $43.3 for the years ended December 31, 2007, 2006, and 2005, respectively, in other-than-temporary write-downs related to the analysis of credit-risk and the possibility of significant prepayment risk.  The remaining $59.6, $42.6, and $5.7 in write-downs for the years ended December 31, 2007, 2006, and 2005, respectively, are related to investments that the Company does not have the intent to retain for a period of time sufficient to allow for recovery in fair value.  The following table summarizes these write-downs recognized by type for the years ended December 31, 2007, 2006, and 2005.
2007
2006
2005
No.
of
No.
of
No.
of
Impairment
Securities
Impairment
Securities
Impairment
Securities
U.S. Treasuries
$
-
-
$
6.4
4
$
0.1
2
U.S. corporate
31.6
102
24.4
67
2.3
13
Foreign
19.1
54
4.2
10
-
-
Residential mortgage-backed
2.6
2
0.6
1
3.3
2
Other asset-backed
6.3
16
7.0
1
-
-
Total
$
59.6
174
$
42.6
83
$
5.7
17
The Company may sell securities during the period in which fair value has declined below amortized cost for fixed maturities or cost for equity securities.  In certain situations new factors, including changes in the business environment, can change the Company's previous intent to continue holding a security.
43
Net Realized Capital Gains (Losses)
Net realized capital gains (losses) are comprised of the difference between the amortized cost of investments and proceeds from sale and redemption, as well as losses incurred due to other-than-temporary impairment of investments and changes in fair value of derivatives.  The cost of the investments on disposal is determined based on specific identification of securities.  Net realized capital gains (losses) on investments were as follows for the years ended December 31, 2007, 2006, and 2005.
2007
2006
2005
Fixed maturities, available-for-sale
$
(50.3)
$
(67.0)
$
1.0
Equity securities, available-for-sale
6.4
9.3
12.4
Derivatives
(123.0)
(3.9)
17.9
Other
(2.6)
-
(0.3)
Less: allocation to experience-rated contracts
161.3
(64.6)
9.0
Net realized capital (losses) gains
$
(8.2)
$
3.0
$
22.0
After-tax net realized capital (losses) gains
$
(5.3)
$
2.0
$
14.3
The increase in Net realized capital losses for the year ended December 31, 2007, was primarily due to realized losses on derivatives, primarily related to losses on interest rate swaps and widening of credit spreads.
Net realized capital gains (losses) allocated to experience-rated contracts were deducted from Net realized capital gains (losses) and an offsetting amount was reflected in Future policy benefits and claim reserves on the Consolidated Balance Sheets. Net unamortized realized capital gains allocated to experienced-rated contractowners were $53.8, $164.5, and $240.3, at December 31, 2007, 2006, and 2005, respectively.
Liquidity and Capital Resources
Liquidity is the ability of the Company to generate sufficient cash flows to meet the cash requirements of operating, investing, and financing activities.
Sources and Uses of Liquidity
The Company's principal sources of liquidity are product charges, investment income, proceeds from the maturity and sale of investments, and capital contributions.  Primary uses of these funds are payments of commissions and operating expenses, interest credits, investment purchases, and contract maturities, withdrawals, and surrenders.
The Company's liquidity position is managed by maintaining adequate levels of liquid assets, such as cash, cash equivalents, and short-term investments.  Asset/liability management is integrated into many aspects of the Company's operations, including investment decisions, product development, and determination of crediting rates.  As part of the risk management process, different economic scenarios are modeled, including cash flow testing required for insurance regulatory purposes, to determine that existing assets are adequate to meet projected liability cash flows.  Key variables in the modeling process include interest rates, anticipated contractowner behavior, and variable separate account performance.  Contractowners
44
bear the investment risk related to variable annuity products, subject, in limited cases, to certain minimum guaranteed rates.
The fixed account liabilities are supported by a general account portfolio, principally composed of fixed rate investments with matching duration characteristics that can generate predictable, steady rates of return.  The portfolio management strategy for the fixed account considers the assets available-for-sale.  This strategy enables the Company to respond to changes in market interest rates, prepayment risk, relative values of asset sectors and individual securities and loans, credit quality outlook, and other relevant factors.  The objective of portfolio management is to maximize returns, taking into account interest rate and credit risk, as well as other risks.  The Company's asset/liability management discipline includes strategies to minimize exposure to loss as interest rates and economic and market conditions change.
Liquidity and Capital Resources
Additional sources of liquidity include borrowing facilities to meet short-term cash requirements that arise in the ordinary course of business.  ILIAC maintains the following agreements:
§
A reciprocal loan agreement with ING AIH, an affiliate, whereby either party can borrow from the other up to 3% of ILIAC's statutory admitted assets as of the prior December 31.  As of December 31, 2007 and 2006, ILIAC had no amount due to ING AIH under the reciprocal loan agreement.  As of December 31, 2007, ILIAC had no amount due from ING AIH under the reciprocal loan agreement and $45.0 receivable from ING AIH as of December 31, 2006.
§
A $100.0 uncommitted, perpetual revolving note facility with the Bank of New York.  At December 31, 2007 and 2006, ILIAC had no amounts outstanding under the revolving note facility.
§
A $75.0 uncommitted line-of-credit agreement with PNC Bank.  Borrowings are guaranteed by ING AIH, with maximum aggregate borrowings outstanding at anytime to ING AIH and its affiliates of $75.0.  At December 31, 2007 and 2006, ILIAC had no amounts outstanding under the line-of-credit agreement.
§
A $100.0 uncommitted line-of-credit agreement with Svenska Handelsbanken AB (Publ.), effective June 2, 2006.  Borrowings are guaranteed by ING AIH, with maximum aggregate borrowings outstanding at anytime to ING AIH and its affiliates of $100.0. As of December 31, 2007 and 2006, ILIAC had no amounts outstanding under the line-of-credit agreement.
Management believes that these sources of liquidity are adequate to meet the Company's short-term cash obligations.
Financing Agreement
As of June 1, 2007, the State of Connecticut, acting by the Department of Economic and Community Development ("DECD"), loaned ILIAC $9.9 (the "DECD Loan") in connection with the development of the Windsor Property. The loan has a term of twenty years and bears an annual interest rate of 1.00%. As long as no defaults have occurred under the loan, no payments of principal or interest are due for the initial ten years of the loan. For the second ten years of the DECD Loan term, ILIAC is obligated to make monthly payments of principal and interest.
45
The DECD Loan provides for loan forgiveness at varying amounts up to $4.0 if ILIAC and its affiliates meet certain employment thresholds at the Windsor Property during the term of the loan. ILIAC's obligations under the DECD Loan are secured by an unlimited recourse guaranty from its affiliate, ING North America Insurance Corporation.
Capital Contributions and Dividends
During 2006, Lion contributed to ILIAC DSI, which had $50.5 in equity on the date of contribution and was accounted for in a manner similar to a pooling-of-interests.  During 2007, 2006, and 2005, ILIAC did not receive any cash capital contributions from its parent.
During 2007, 2006, and 2005, ILIAC paid $145.0, $256.0, and $20.5, respectively, in dividends on its common stock to its parent.
Separate Accounts
Separate account assets and liabilities generally represent funds maintained to meet specific investment objectives of contractowners who bear the investment risk, subject, in limited cases, to certain minimum guarantees.  Investment income and investment gains and losses generally accrue directly to such contractowners.  The assets of each account are legally segregated and are not subject to claims that arise out of any other business of the Company or its affiliates.
Separate account assets supporting variable options under variable annuity contracts are invested, as designated by the contractowner or participant (who bears the investment risk subject, in limited cases, to certain minimum guaranteed rates) under a contract, in shares of mutual funds that are managed by affiliates of the Company, or in other selected mutual funds not managed by affiliates of the Company.
Variable annuity deposits are allocated to various subaccounts established within the separate account.  Each subaccount represents a different investment option into which the contractowner may allocate deposits.  The account value of a variable annuity contract is equal to the aggregate value of the subaccounts selected by the contractowner (including the value allocated to any fixed account), less fees and expenses.  The Company offers investment options for its variable annuity contracts covering a wide range of investment styles, including large, mid, and small cap equity funds, as well as fixed income alternatives.  Therefore, unlike fixed annuities, under variable annuity contracts, contractowners bear the risk of investment gains and losses associated with the selected investment allocation.  The Company, however, offers certain guaranteed benefits (described below) under
which it bears specific risks associated with these benefits.  Many of the variable annuities issued by the Company are combination contracts offering both variable and fixed deferred annuity options under which some or all of the deposits may be allocated by the contractowner to a fixed account available under the contract.
46
The Company's major source of income from variable annuities is the base contract mortality fees, expense fees, and guaranteed death benefit rider fees charged to the contractowner, less the cost of administering the product, as well as the cost of providing for the guaranteed death benefits.
Minimum Guarantees
Variable annuity contracts containing minimum guarantees expose the Company to additional risks.  For guaranteed minimum death benefits, a decrease in the equity markets may cause a decrease in the account values, thereby increasing the possibility that the Company may be required to pay amounts to contractowners due to guaranteed death benefits.  An increase in the value of the equity markets may increase account values for these contracts, thereby decreasing the Company's risk associated with guaranteed death benefits.
The Company's variable annuities offer one or more of the following guaranteed minimum benefits:
Guaranteed Minimum Death Benefits
("GMDBs"):
§
Standard - Guarantees that, upon death, the death benefit will be no less than the premiums paid by the contractowner, adjusted for any contract withdrawals.
§
Annual Ratchet - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Standard or (2) the maximum contract anniversary value of the variable annuity.
§
Five Year Ratchet - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Standard or (2) the maximum contract quinquennial anniversary value of the variable annuity.
§
Combination Annual Ratchet and 5% RollUp - Guarantees that, upon death, the death benefit will be no less than the greater of (1) Annual Ratchet or (2) aggregate premiums paid by the contractowner accruing interest at 5% per annum.
§
Combination Seven-Year Ratchet and 4% RollUp - Guarantees that, upon death, the death benefit will be no less than the greater of (1) a seven year ratchet or (2) aggregate premiums paid by the contractowner accruing interest at 4% per annum.
Products offering Annual Ratchet, Five Year Ratchet, Combination Ratchet and 5% RollUp, and Combination Seven-Year Ratchet and 4% RollUp, guarantees are no longer being sold by the Company.  Most contracts with GMDBs are reinsured to third party reinsurers to mitigate the risk produced by such guaranteed death benefits.
Other Minimum Guarantees
Other variable annuity contracts contain minimum interest rate guarantees and allow the contractholder to select either the market value of the account or the book value of the account at termination.  The book value of the account is equal to deposits plus interest, less any withdrawals.  These guarantees are accounted for as derivatives under FAS No. 133, "Accounting for Derivative Instruments and Hedging Activities" ("FAS No. 133").  At December 31, 2007, the fair value of the guaranteed benefits was $78.1.  The guaranteed benefits had no fair value at December 31, 2006.
47
Reinsurance
The Company utilizes indemnity reinsurance agreements to reduce its exposure to large losses from GMDBs in its annuity insurance business.  Reinsurance permits recovery of a portion of losses from reinsurers, although it does not discharge the Company's primary liability as direct insurer of the risks.  The Company evaluates the financial strength of potential reinsurers and continually monitors the financial strength and credit ratings of its reinsurers.
Off-Balance Sheet Arrangements and Aggregate Contractual Obligations
Through the normal course of investment operations, the Company commits to either purchase or sell securities, commercial mortgage loans, or money market instruments, at a specified future date and at a specified price or yield.  The inability of counterparties to honor these commitments may result in either a higher or lower replacement cost.  Also, there is likely to be a change in the value of the securities underlying the commitments.
At December 31, 2007, the Company had off-balance sheet commitments to purchase investments equal to their fair value of $357.8, $226.6 of which was with related parties.  At December 31, 2006, the Company had off-balance sheet commitments to purchase investments equal to their fair value of $706.8, $322.3 of which was with related parties.  During 2007 and 2006, $87.3 and $79.4, respectively, was funded to related parties under these commitments.
The Company has entered into various credit default swaps to assume credit exposure to certain assets that the Company does not own.  Credit default swaps involve a transfer of credit risk from one party to another in exchange for periodic payments.  In the event of a default on the underlying credit exposure, the Company will either receive an additional payment (purchased credit protection) or will be required to make an additional payment (sold credit protection) equal to the notional value of the swap contract.  At December 31, 2007, the fair value of credit default swaps of $7.9 and $16.8 was included in Other investments and Other liabilities, respectively, on the Balance Sheets.  As of December 2007, the maximum potential future exposure to the Company on the sale of credit protection under credit default swaps was $136.2.
The Company owns a 3-year credit-linked note arrangement, whereby the Company agrees to reimburse the guaranteed party upon payment default of the referenced obligation. Upon such default, the Company reimburses the guaranteed party for the loss under the reference obligation, and the Company receives that reference obligation in settlement.  The Company can then seek recovery of any losses under the agreement by sale or collection of the received reference obligation. As of December 31, 2007, the maximum potential future exposure to the Company under the guarantee was $30.0.
48
As of December 31, 2007, the Company had certain contractual obligations due over a period of time as summarized in the following table.
Payments
Due
by
Period
Less
than
More
than
Contractual
Obligations
Total
1
Year
1-3
Years
3-5
Years
5
Years
Operating lease obligations
(1)
$
13.5
$
4.6
$
5.9
$
2.5
$
0.5
Purchase obligations
(2)
357.8
357.8
-
-
-
Reserves for insurance
obligations
(3)
60,301.9
9,128.7
17,813.3
17,110.8
16,249.1
Construction agreement
obligations
(4)
6.8
6.8
-
-
-
Pension obligations
(5)
97.4
14.9
23.9
21.2
37.4
Total
$
60,777.4
$
9,512.8
$
17,843.1
$
17,134.5
$
16,287.0
(1)
Operating lease obligations relate to the rental of office space under various noncancelable operating lease agreements, the longest term of which expires in April of 2014.
(2)
Purchase obligations consist primarily of outstanding commitments under limited partnerships that may occur any time within the terms of the partnership.  The exact timing, however, of funding these commitments cannot be estimated.  Therefore, the total amount of the commitments is included in the category "Less than 1 Year."
(3)
Reserves for insurance obligations consist of amounts required to meet the Company's future obligations under its variable annuity, fixed annuity, and other investment and retirement products.
(4)
Construction agreement obligations relate to the construction and development of the Windsor Property under various agreements, which was substantially complete by October 1, 2007, with final payments to be made in the second quarter of 2008.
(5)
Pension obligations consist of actuarially-determined pension obligations, contribution matching obligations, and other supplemental retirement and insurance obligations, under various benefit plans.
Repurchase Agreements
The Company engages in dollar repurchase agreements ("dollar rolls") and repurchase agreements to increase its return on investments and improve liquidity.  These transactions involve a sale of securities and an agreement to repurchase substantially the same securities as those sold.  Company policies require a minimum of 95% of the fair value of securities pledged under dollar rolls and repurchase agreement transactions to be maintained as collateral.  Cash collateral received is invested in fixed maturities, and the offsetting collateral liability is included in Borrowed money on the Consolidated Balance Sheets.  At December 31, 2007 and 2006, the carrying value of the securities pledged in dollar rolls and repurchase agreement transactions was $757.6 and $832.4, respectively.  The carrying value of the securities pledged in dollar rolls and repurchase agreement
transactions is included in Securities pledged on the Consolidated Balance Sheets.  The repurchase obligation related to dollar rolls and repurchase agreements totaled $734.8 and $833.2 at December 31, 2007 and 2006, respectively.  The repurchase obligation related to
49
dollar rolls and repurchase agreements is included in Borrowed money on the Consolidated Balance Sheets.
The Company also enters into reverse purchase agreements.  These transactions involve a purchase of securities and an agreement to sell substantially the same securities as those purchased.  Company policies require a minimum of 102% of the fair value of securities pledged under reverse repurchase agreements to be pledged as collateral.  At December 31, 2007 and 2006, the Company did not have reverse repurchase agreements.
The primary risk associated with short-term collateralized borrowings is that the counterparty will be unable to perform under the terms of the contract.  The Company's exposure is limited to the excess of the net replacement cost of the securities over the value of the short-term investments, an amount that was immaterial at December 31, 2007.  The Company believes the counterparties to the dollar roll, repurchase, and reverse repurchase agreements are financially responsible and that the counterparty risk is minimal.
Securities Lending
The Company engages in securities lending whereby certain securities from its portfolio are loaned to other institutions for short periods of time.  Initial collateral, primarily cash, is required at a rate of 102% of the market value of the loaned domestic securities.  The collateral is deposited by the borrower with a lending agent, and retained and invested by the lending agent according to the Company's guidelines to generate additional income.  The market value of the loaned securities is monitored on a daily basis with additional collateral obtained or refunded as the market value of the loaned securities fluctuates.
Derivatives
The Company's use of derivatives is limited mainly to hedging purposes to reduce the Company's exposure to cash flow variability of assets and liabilities, interest rate risk, credit risk, and market risk.  Generally, derivatives are not accounted for using hedge accounting treatment under FAS No. 133, as the Company has not historically sought hedge accounting treatment.
The Company enters into interest rate, equity market, credit default, and currency contracts, including swaps, caps, floors, and options, to reduce and manage risks associated with changes in value, yield, price, cash flow, or exchange rates of assets or liabilities held or intended to be held, or to assume or reduce credit exposure associated with a referenced asset, index, or pool.  The Company also utilizes options and futures on equity indices to reduce and manage risks associated with its annuity products.  Open derivative contracts are reported as either Other investments or Other liabilities, as appropriate, on the Consolidated Balance Sheets.  Changes in the fair value of such derivatives are recorded in Net realized capital gains (losses) in the Consolidated Statements of Operations.
50
The Company also had investments in certain fixed maturity instruments, and has issued certain retail annuity products, that contain embedded derivatives whose market value is at least partially determined by, among other things, levels of or changes in domestic and/or foreign interest rates (short- or long-term), exchange rates, prepayment rates, equity markets, or credit ratings/spreads.
Embedded derivatives within fixed maturity instruments are included in Fixed maturities, available-for-sale, on the Consolidated Balance Sheets, and changes in fair value are recorded in Net realized capital gains (losses) in the Consolidated Statements of Operations.
Embedded derivatives within retail annuity products are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets, and changes in the fair value are recorded in Interest credited and benefits to contractowners in the Consolidated Statements of Operations.
Risk-Based Capital
The National Association of Insurance Commissioners ("NAIC") risk-based capital requirements require insurance companies to calculate and report information under a risk-based capital formula. These requirements are intended to allow insurance regulators to monitor the capitalization of insurance companies based upon the type and mixture of risks inherent in a company's operations. The formula includes components for asset risk, liability risk, interest rate exposure, and other factors. ILIAC has complied with the NAIC's risk-based capital reporting requirements. Amounts reported indicate that, as of December 31, 2007, ILIAC has total adjusted capital above all required capital levels.
Income Taxes
On September 25, 2007, the Internal Revenue Service ("IRS") issued Revenue Ruling 2007-61, which announced its intention to issue regulations with respect to certain computational aspects of the dividend received deduction ("DRD") on separate account assets held in connection with variable annuity and life insurance contracts. Revenue Ruling 2007-61 suspended Revenue Ruling 2007-54 issued in August 2007 that purported to change accepted industry and IRS interpretations of the statutes governing these computational questions. Any regulations that the IRS ultimately proposes for issuance in this area will be subject to public notice and comment, at which time insurance companies and other members of the public will have the opportunity to raise legal and practical questions about the content, scope and application of such regulations. As a result, the ultimate timing,
substance, and effective date of any such regulations are unknown, but they could result in the elimination of some or all of the separate account DRD tax benefit that the Company receives.  Management believes that such regulations would apply prospectively.
Income tax obligations include the allowance on uncertain tax benefits related to IRS tax audits and state tax exams that have not been completed.  The current liability of $42.2 may be paid in less than one year, upon completion of such audits and exams.  The timing of the payment of the remaining allowance of $18.6 cannot be reliably estimated.
51
Recently Adopted Accounting Standards
(See the Organization and Significant Accounting Policies footnote to the consolidated financial statements for further information.)
Accounting for Uncertainty in Income Taxes
In June 2006, the Financial Accounting Standards Board ("FASB") issued FASB Interpretation No. 48, "Accounting for Uncertainty in Income Taxes" ("FIN 48"), which creates a single model to address the accounting for the uncertainty in income tax positions recognized in a company's financial statements.  FIN 48 prescribes a recognition threshold and measurement criteria that must be satisfied to recognize a financial statement benefit of tax positions taken, or expected to be taken, on an income tax return.  Additionally, FIN 48 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition.
FIN 48 was adopted by the Company on January 1, 2007.  As a result of implementing FIN 48, the Company recognized a cumulative effect of change in accounting principle of $2.9 as a reduction to January 1, 2007 Retained earnings (deficit).
Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts
In September 2005, the American Institute of Certified Public Accountants ("AICPA") issued Statement of Position 05-1, "Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts", which states that when an internal replacement transaction results in a substantially changed contract, the unamortized deferred acquisition costs, unearned revenue liabilities, and deferred sales inducement assets, related to the replaced contract should not be deferred in connection with the new contract.  Contract modifications that meet various conditions defined by SOP 05-1 and result in a new contract that is substantially unchanged from the replaced contract, however, should be accounted for as a continuation of the replaced contract.
SOP 05-1 defines an internal replacement as a modification in product benefits, features, rights, or coverage that occurs by the exchange of a contract for a new contract, by amendment, endorsement, or rider, to a contract, or by the election of a feature or coverage within a contract.  SOP 05-1 applies to internal replacements made primarily to contracts defined by FAS No. 60, "Accounting and Reporting by Insurance Enterprises" ("FAS No. 60"), as short-duration and long-duration insurance contracts, and by FAS No. 97, "Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments", as investment contracts.
52
SOP 05-1 was adopted by the Company on January 1, 2007, and is effective for internal replacements occurring on or after that date.  As a result of implementing SOP 05-1, the Company recognized a cumulative effect of change in accounting principle of $43.4, before tax, or $28.2, net of $15.2 of income taxes, as a reduction to January 1, 2007 Retained earnings (deficit).  In addition, the Company revised its accounting policy on the amortization of DAC and VOBA to include internal replacements.
Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans
In September 2006, the FASB issued FAS No. 158, "Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans - An Amendment of FASB Statements No. 87, 88, 106, and 132R" ("FAS No. 158"). FAS No. 158 requires an employer to:
§
Recognize in the statement of financial position, an asset for a plan's overfunded status or a liability for a plan's underfunded status;
§
Measure a plan's assets and obligations that determine its funded status as of the end of the fiscal year; and
§
Recognize changes in the funded status of a defined benefit postretirement plan in the year in which the changes occur, reporting such changes in comprehensive income.
On December 31, 2006, the Company adopted the recognition and disclosure provisions of FAS No. 158.  The effect of adopting FAS No. 158 on the Company's financial condition at December 31, 2006 is included in the accompanying consolidated financial statements.  FAS No. 158 did not have a significant effect on the Company's financial condition at December 31, 2006.  The provisions regarding the change in the measurement date of postretirement benefit plans were not applicable, as the Company already used a measurement date of December 31 for its pension plans.
The incremental effects of adopting the provisions of FAS No. 158 on the Company's Consolidated Balance Sheets at December 31, 2006 was $(0.5).
New Accounting Pronouncements
Business Combinations
In December 2007, the FASB issued FAS No. 141 (revised 2007), "Business Combinations" ("FAS No. 141R"), which replaces FAS No. 141, "Business Combinations," as issued in 2001.  FAS No. 141R requires most identifiable assets, liabilities, noncontrolling interest, and goodwill acquired in a business combination to be recorded at full fair value as of the acquisition date, even for acquisitions achieved in stages.  In addition, the statement requires:
§
Acquisition-related costs to be recognized separately and generally expensed;
§
Non-obligatory restructuring costs to be recognized separately when the liability is incurred;
§
Contractual contingencies acquired to be recorded at acquisition-date fair values;
53
§
A bargain purchase, which occurs when the fair value of net assets acquired exceeds the consideration transferred plus any non-controlling interest in the acquiree, to be recognized as a gain; and
§
The nature and financial effects of the business combination to be disclosed.
FAS No. 141R also amends or eliminates various other authoritative literature.
The provisions of FAS No. 141R are effective for fiscal years beginning on or after December 15, 2008 for all business combinations occurring on or after that date.  As such, this standard will impact any Company acquisitions that occur on or after January 1, 2009.
The Fair Value Option for Financial Assets and Financial Liabilities
In February 2007, the FASB issued FAS No. 159, "The Fair Value Option for Financial Assets and Financial Liabilities" ("FAS No. 159"), which allows a company to make an irrevocable election, on specific election dates, to measure eligible items at fair value.  The election to measure an item at fair value may be determined on an instrument by instrument basis, with certain exceptions.  If the fair value option is elected, unrealized gains and losses will be recognized in earnings at each subsequent reporting date, and any upfront costs and fees related to the item will be recognized in earnings as incurred.  Items eligible for the fair value option include:
§
Certain recognized financial assets and liabilities;
§
Rights and obligations under certain insurance contracts that are not financial instruments;
§
Host financial instruments resulting from the separation of an embedded nonfinancial derivative instrument from a nonfinancial hybrid instrument; and
§
Certain commitments.
FAS No. 159 is effective for fiscal years beginning after November 15, 2007.  As of the effective date, the fair value option may be elected for eligible items that exist on that date.  The effect of the first remeasurement to fair value shall be reported as a cumulative effect adjustment to the opening balance of Retained earnings (deficit).  The Company will not be electing the fair value option for any eligible assets or liabilities in existence on January 1, 2008.
Fair Value Measurements
In September 2006, the FASB issued FAS No. 157, "Fair Value Measurements" ("FAS No. 157").  FAS No. 157 provides guidance for using fair value to measure assets and liabilities whenever other standards require (or permit) assets or liabilities to be measured at fair value.  FAS No. 157 does not expand the use of fair value to any new circumstances.
54
Under FAS No. 157, the FASB clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability. In support of this principle, FAS No. 157 establishes a fair value hierarchy that prioritizes the information used to develop such assumptions. The fair value hierarchy gives the highest priority to quoted prices in active markets and the lowest priority to unobservable data.  FAS No. 157 also requires separate disclosure of fair value measurements by level within the hierarchy and expanded disclosure of the effect on earnings for items measured using unobservable data.
The provisions of FAS No. 157 are effective for financial statements issued for fiscal years beginning after November 15, 2007.  The Company is in the process of determining the impact of adoption of FAS No. 157.
Legislative Initiatives
Legislative proposals, which have been or are being considered by Congress, include repealing/modifying the estate tax, reducing the taxation on annuity benefits, changing the tax treatment of insurance products relative to other financial products, and changing life insurance company taxation.  Some of these proposals, if enacted, could have a material adverse effect on life insurance, annuity, and other retirement savings product sales, while others could have a material beneficial effect.  There are no indications at the present time, however, that Congress will enact tax changes that will adversely effect the Company's products in 2008.  Legislation has also been introduced in the House of Representatives to increase disclosure of 401(k) and other defined contribution plan fees charged by plan investment and service providers.  In addition, the Department of Labor and the SEC
have several regulatory initiatives underway to improve fee disclosures in defined contribution plans and mutual funds.  Legislative or regulatory action to change fee disclosure requirements could adversely impact the market for certain of the Company's defined contribution retirement services products, but the timing and content of such changes are uncertain at this time.  The IRS and the Treasury have published final regulations, effective in 2009, that update and consolidate the rules applicable to 403(b) tax deferred annuity arrangements.  The final regulations impose broad written plan document and operational compliance requirements on all 403(b) programs and contain new restrictions on annuity exchanges.  The final regulations have the potential to change the marketplace for 403(b) service providers in a fundamental way and could have a material beneficial effect on providers that position themselves to assist 403(b) sponsors with plan document and operational compliance
or otherwise assist with streamlining overall plan administration.  For a description of Revenue Ruling 2007-61 issued by the IRS in September of 2007, see the "Liquidity and Capital Resources, Income Taxes" section of "Management's Narrative Analysis of the Results of Operations and Financial Condition" above.
55
Other Regulatory Matters
Regulatory Matters
As with many financial services companies, the Company and its affiliates have received informal and formal requests for information from various state and federal governmental agencies and self-regulatory organizations in connection with inquiries and investigations of the products and practices of the financial services industry.  In each case, the Company and its affiliates have been and are providing full cooperation.
Insurance and Retirement Plan Products and Other Regulatory Matters
Federal and state regulators, and self-regulatory agencies, are conducting broad inquiries and investigations involving the insurance and retirement industries.  These initiatives currently focus on, among other things, compensation, revenue sharing, and other sales incentives; potential conflicts of interest; potential anti-competitive activity; reinsurance; sales and marketing practices (including sales to seniors); specific product types (including group annuities and indexed annuities); and disclosure.  It is likely that the scope of these industry investigations will further broaden before they conclude.  The Company and certain of its U.S. affiliates have received formal and informal requests in connection with such investigations, and are cooperating fully with each request for information.  Some of these matters could result in regulatory action involving the Company.  These
initiatives also may result in new legislation and regulation that could significantly affect the financial services industry, including businesses in which the Company is engaged.  In light of these and other developments, U.S. affiliates of ING, including the Company, periodically review whether modifications to their business practices are appropriate.
Investment Product Regulatory Issues
Since 2002, there has been increased governmental and regulatory activity relating to mutual funds and variable insurance products.  This activity has primarily focused on inappropriate trading of fund shares; directed brokerage; compensation; sales practices, suitability, and supervision; arrangements with service providers; pricing; compliance and controls; adequacy of disclosure; and document retention.
In addition to responding to governmental and regulatory requests on fund trading issues, ING management, on its own initiative, conducted, through special counsel and a national accounting firm, an extensive internal review of mutual fund trading in ING insurance, retirement, and mutual fund products. The goal of this review was to identify any instances of inappropriate trading in those products by third parties or by ING investment professionals and other ING personnel.
56
The internal review identified several isolated arrangements allowing third parties to engage in frequent trading of mutual funds within the variable insurance and mutual fund products of certain affiliates of the Company, and identified other circumstances where frequent trading occurred despite measures taken by ING intended to combat market timing. Each of the arrangements has been terminated and disclosed to regulators, to the independent trustees of ING Funds (U.S.) and in Company reports previously filed with the Securities and Exchange Commission ("SEC") pursuant to the Securities Exchange Act of 1934, as amended.
Action may be taken with respect to certain ING affiliates before investigations relating to fund trading are completed.  The potential outcome of such action is difficult to predict but could subject certain affiliates to adverse consequences, including, but not limited to, settlement payments, penalties, and other financial liability.  It is not currently anticipated, however, that the actual outcome of any such action will have a material adverse effect on ING or ING's U.S.-based operations, including the Company.
ING has agreed to indemnify and hold harmless the ING Funds from all damages resulting from wrongful conduct by ING or its employees or from ING's internal investigation, any investigations conducted by any governmental or self-regulatory agencies, litigation or other formal proceedings, including any proceedings by the SEC.  Management reported to the ING Funds Board that ING management believes that the total amount of any indemnification obligations will not be material to ING or ING's U.S.-based operations, including the Company.
For further discussion of the risks to the Company as a result of recent regulatory inquiries and possible changes in U.S. regulation, see Part I, Item 1A. Risk Factors.
57
Item 7A.
Quantitative and Qualitative Disclosure About Market Risk
(Dollar amounts in millions, unless otherwise stated)
Asset/liability management is integrated into many aspects of the Company's operations, including investment strategy, product development, and determination of crediting rates. As part of the risk management process, different economic scenarios are modeled, including cash flow testing required for insurance regulatory purposes, to determine that existing assets are adequate to meet projected liability cash flows.  Key variables in the modeling process include interest rates, anticipated contractowner behavior, and variable separate account performance.  Contractowners bear the investment risk related to variable annuity products, subject to the minimum guaranteed death benefits included in these contracts.
The fixed account liabilities are supported by a general account portfolio principally composed of fixed income investments that can generate predictable, steady rates of return. The duration and convexity profile of the portfolio is managed relative to the liabilities.  The assets are classified as available-for-sale, which enables the Company to respond to changes in market interest rates, prepayment risk, relative values of asset sectors and individual securities and loans, credit quality outlook, and other relevant factors. The objective of portfolio management is to maximize returns, taking into account interest rate and credit risk, as well as other risks. The Company's asset/liability management discipline includes strategies to minimize exposure to loss as interest rates and economic and market conditions change.
On the basis of these analyses, management believes there is currently no material solvency risk to the Company.
Interest Rate Risk
The Company defines interest rate risk as the risk of an economic loss due to adverse changes in interest rates. This risk arises from the Company's primary activity of investing fixed annuity premiums received in interest-sensitive assets and carrying these funds as interest-sensitive liabilities. The Company manages the interest rate risk in its general account investments relative to the interest rate risk in its liabilities. The current product portfolio also includes products where interest rate risks are entirely or partially passed on to the contractowner, thereby reducing the Company's exposure to interest rate movements. Changes in interest rates can impact present and future earnings, the levels of new sales, surrenders, or withdrawals.
The following schedule demonstrates the potential changes in the 2007 earnings from an instantaneous parallel increase/decrease in interest rates of 1% on December 31, 2007.  These changes to income could relate to future investment income, interest paid to contractowners, market-value adjustments, amortization of DAC and VOBA, sales levels, or any other net income item that would be affected by interest rate changes.  The effect of interest rate changes is different by product.  A significant portion of the Company's contracts are close to the minimum contractual guaranteed credited rates.  In a down interest rate environment, the Company's ability to reduce credited rates is limited, which will cause margin compression and accelerate the amortization of DAC and VOBA.  In addition, the Company has estimated the impact to December 31, 2007 Shareholder's equity
from the same instantaneous change in interest rates.  The effect on Shareholder's equity includes the impact of interest rate
58
fluctuations on income, unrealized capital gains (losses) on available-for-sale securities, and DAC and VOBA adjustments for unrealized capital gains (losses) on available-for-sale securities.
Interest rate sensitivity and effect on Net income and Shareholder's equity:
Effect
on
Shareholder's
Effect
on
Net
Equity
as
of
Income
for
December
31,
2007
2007
Increase of 1%
$
2.8
$
2.8
Decrease of 1%
(7.0)
(7.0)
The above analysis includes the following changes in DAC and VOBA related to an instantaneous, parallel increase/decrease in interest rates.
Interest rate sensitivity and effect on DAC and VOBA:
Effect
on
Effect
on
Amortization
of
DAC
and
VOBA
DAC
and
VOBA
Assets
as
of
for
December
31,
2007
2007
Increase of 1%
$
2.3
$
8.8
Decrease of 1%
0.6
(17.4)
Equity Market Risk
The Company's operations are significantly influenced by changes in the equity markets. The Company's profitability depends largely on the amount of assets under management ("AUM"), which is primarily driven by the level of sales, equity market appreciation and depreciation, and the persistency of the in force block of business.
Prolonged and precipitous declines in the equity markets can have a significant impact on the Company's operations. As a result, sales of variable products may decline and surrender activity may increase, as contractowner sentiment towards the equity market turns negative. Lower AUM will have a negative impact on the Company's financial results, primarily due to lower fee income on variable annuities. Furthermore, the Company may experience a reduction in profit margins if a significant portion of the assets held in the variable annuity separate account move to the general account and the Company is unable to earn an acceptable margin, particularly in light of the low interest rate environment and the presence of contractually guaranteed interest credited rates.
In addition, prolonged declines in the equity market may also decrease the Company's expectations of future gross profits, which are utilized to determine the amount of DAC and VOBA to be amortized in a given financial statement period. A significant decrease in the Company's estimated gross profits would require the Company to accelerate the amount of amortization of DAC and VOBA in a given period, potentially causing a material adverse deviation in the period's Net income.
59
The following schedule demonstrates the potential changes in 2007 earnings resulting from an instantaneous increase/decrease in equity markets of 10% on December 31, 2007. These changes to income could relate to future fee income, unrealized or realized capital gains (losses), amortization of DAC and VOBA, sales levels, or any other net income item that would be affected by a substantial change to equity markets. In addition, the Company has estimated the impact to Shareholder's equity as of December 31, 2007 from the same instantaneous change in equity markets.  The effect on shareholder's equity includes the impact of equity market fluctuations on income, unrealized capital gains (losses) on available-for-sale securities, and DAC and VOBA adjustments for unrealized capital gains (losses) on available-for-sale securities.
Equity sensitivity and effect on Net income and Shareholder's equity:
Effect
on
Shareholder's
Effect
on
Net
Equity
as
of
Income
for
December
31,
2007
2007
Increase of 10%
$
27.0
$
27.0
Decrease of 10%
(27.7)
(27.7)
The above analysis includes the following changes in DAC and VOBA related to an instantaneous increase/decrease in equity markets.
Equity sensitivity and effect on DAC and VOBA:
Effect
on
Effect
on
Amortization
of
DAC
and
VOBA
DAC
and
VOBA
Assets
as
of
for
December
31,
2007
2007
Increase of 10%
$
(10.3)
$
45.8
Decrease of 10%
10.8
(48.2)
60
Item 8.
Financial Statements and Supplementary Data
Index
to
Consolidated
Financial
Statements
Page
Report of Independent Registered Public Accounting Firm
62
Consolidated Financial Statements:
Consolidated Statements of Operations for the years ended
December 31, 2007, 2006, and 2005
63
Consolidated Balance Sheets as of
December 31, 2007 and 2006
64
Consolidated Statements of Changes in Shareholder's Equity
for the years ended December 31, 2007, 2006, and 2005
66
Consolidated Statements of Cash Flows for the years ended
December 31, 2007, 2006, and 2005
67
Notes to Consolidated Financial Statements
69
Report of Independent Registered Public Accounting Firm
The Board of Directors
ING Life Insurance and Annuity Company
We have audited the accompanying consolidated balance sheets of ING Life Insurance and Annuity Company and subsidiaries as of December 31, 2007 and 2006, and the related consolidated statements of operations, changes in shareholder's equity, and cash flows for each of the three years in the period ended December 31, 2007.  These financial statements are the responsibility of the Company's management.  Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.  We were not engaged to perform an audit of the Company's internal control over financial reporting.  Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting.  Accordingly, we express no such opinion.  An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and
significant estimates made by management, and evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of ING Life Insurance and Annuity Company and subsidiaries as of December 31, 2007 and 2006, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2007, in conformity with U.S. generally accepted accounting principles.
As discussed in Note 14 to the financial statements, the Company restated 2006 and 2005 retained earnings (deficit), asset, and liability amounts presented in their consolidated balance sheets and changes in shareholder's equity.
/s/  Ernst & Young LLP
Atlanta, Georgia
March 25, 2008
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Consolidated Statements of Operations
(In millions)
Year
Ended
December
31,
2007
2006
2005
Revenue:
Net investment income
$
1,054.7
$
1,029.7
$
1,037.1
Fee income
789.3
714.8
609.6
Premiums
46.8
37.5
43.2
Broker-dealer commission revenue
568.4
429.2
378.1
Net realized capital gains (losses)
(8.2)
3.0
22.0
Other income
0.9
15.7
7.7
Total revenue
2,451.9
2,229.9
2,097.7
Benefits
and
expenses:
Interest credited and other benefits
to contractowners
822.2
783.7
739.6
Operating expenses
652.2
568.3
524.3
Broker-dealer commission expense
568.4
429.2
378.1
Amortization of deferred policy acquisition
cost and value of business acquired
129.2
21.3
159.9
Interest expense
5.5
2.9
1.6
Total benefits and expenses
2,177.5
1,805.4
1,803.5
Income before income taxes
274.4
424.5
294.2
Income tax expense
56.0
122.7
21.5
Net income
$
218.4
$
301.8
$
272.7
The accompanying notes are an integral part of these consolidated financial statements.
63
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Consolidated Balance Sheets
(In millions, except share data)
As
of
December
31,
2007
2006
(Restated)
Assets
Investments:
Fixed maturities, available-for-sale, at fair value
(amortized cost of $13,374.7 at 2007 and $15,150.1 at 2006)
$
13,316.3
$
15,112.2
Equity securities, available-for-sale, at fair value
(cost of $440.1 at 2007 and $233.6 at 2006)
446.4
251.7
Mortgage loans on real estate
2,089.4
1,879.3
Policy loans
273.4
268.9
Limited partnerships/corporations
636.1
359.2
Other investments
202.7
39.7
Securities pledged (amortized cost of $940.2 at 2007 and $1,106.2 at 2006)
934.1
1,099.5
Total investments
17,898.4
19,010.5
Cash and cash equivalents
252.3
311.2
Short-term investments under securities loan agreement
183.9
283.1
Accrued investment income
168.3
180.4
Receivables for securities sold
5.6
90.1
Reinsurance recoverable
2,594.4
2,715.4
Deferred policy acquisition costs
728.6
622.6
Value of business acquired
1,253.2
1,340.2
Notes receivable from affiliate
175.0
175.0
Short-term loan to affiliate
-
45.0
Due from affiliates
10.6
9.1
Property and equipment
147.4
75.1
Other assets
112.1
73.8
Assets held in separate accounts
48,091.2
43,550.8
Total assets
$
71,621.0
$
68,482.3
The accompanying notes are an integral part of these consolidated financial statements.
64
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Consolidated Balance Sheets
(In millions, except share data)
As
of
December
31,
2007
2006
(Restated)
Liabilities
and
Shareholder's
Equity
Future policy benefits and claims reserves
$
18,569.1
$
19,984.1
Payables for securities purchased
0.2
42.6
Payables under securities loan agreement
165.1
283.1
Notes payable
9.9
-
Borrowed money
738.4
833.2
Due to affiliates
130.7
82.8
Current income taxes
56.8
59.8
Deferred income taxes
275.9
261.1
Other liabilities
542.7
371.1
Liabilities related to separate accounts
48,091.2
43,550.8
Total liabilities
68,580.0
65,468.6
Shareholder's equity
Common stock (100,000 shares authorized; 55,000
issued and outstanding; $50 per share value)
2.8
2.8
Additional paid-in capital
4,159.3
4,299.5
Accumulated other comprehensive loss
(33.8)
(14.0)
Retained earnings (deficit)
(1,087.3)
(1,274.6)
Total shareholder's equity
3,041.0
3,013.7
Total liabilities and shareholder's equity
$
71,621.0
$
68,482.3
The accompanying notes are an integral part of these consolidated financial statements.
65
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Consolidated Statements of Changes in Shareholder's Equity Sheets
(In millions)
Accumulated
Retained
Total
Additional
Other
Earnings
Shareholder's
Common
Paid-In
Comprehensive
(Deficit)
Equity
Stock
Capital
Income
(Loss)
(Restated)
(Restated)
Balance at December 31, 2004
$
2.8
$
4,566.8
$
67.1
$
(1,877.1)
$
2,759.6
Prior period adjustment ($43.1 pretax)
-
-
-
28.0
28.0
Balance at January 1, 2005
2.8
4,566.8
67.1
(1,849.1)
2,787.6
Comprehensive income:
Net income
-
-
-
272.7
272.7
Other comprehensive loss, net of tax:
Change in net unrealized capital gains (losses)
on securities ($(108.4) pretax)
-
-
(77.5)
-
(77.5)
Minimum pension liability ($(1.1) pretax)
-
-
5.1
-
5.1
Total comprehensive income
200.3
Dividends paid
-
(20.5)
-
-
(20.5)
Employee share-based payments
-
3.3
-
-
3.3
Balance at December 31, 2005
2.8
4,549.6
(5.3)
(1,576.4)
2,970.7
Comprehensive income:
Net income
-
-
-
301.8
301.8
Other comprehensive loss, net of tax:
Change in net unrealized capital gains (losses)
on securities ($(23.4) pretax)
-
-
(10.7)
-
(10.7)
Pension liability and FAS No. 158
transition adjustment ($3.9 pretax)
-
-
2.5
-
2.5
293.6
Total comprehensive income
Cumulative effect of change in accounting
principle ($(0.8) pretax)
(0.5)
-
(0.5)
Dividends paid
-
(256.0)
-
-
(256.0)
Employee share-based payments
-
5.9
-
-
5.9
Balance at December 31, 2006
2.8
4,299.5
(14.0)
(1,274.6)
3,013.7
Cumulative effect of change in
accounting principle
-
-
-
(31.1)
(31.1)
Balance at January 1, 2007
2.8
4,299.5
(14.0)
(1,305.7)
2,982.6
Comprehensive income:
Net income
-
-
-
218.4
218.4
Other comprehensive loss, net of tax:
Change in net unrealized capital gains (losses)
on securities ($(27.7) pretax), including
tax valuation allowance of $(6.4)
-
-
(24.4)
-
(24.4)
Pension liability ($7.1 pretax)
-
-
4.6
-
4.6
Total comprehensive income
198.6
Dividends paid
-
(145.0)
-
-
(145.0)
Employee share-based payments
-
4.8
-
-
4.8
Balance at December 31, 2007
$
2.8
$
4,159.3
$
(33.8)
$
(1,087.3)
$
3,041.0
The accompanying notes are an integral part of these consolidated financial statements.
66
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Consolidated Statements of Cash Flows
(In millions)
Year
Ended
December
31,
2007
2006
2005
Cash
Flows
from
Operating
Activities:
Net income
$
218.4
$
301.8
$
272.7
Adjustments to reconcile net income to
net cash provided by operating activities:
Capitalization of deferred policy acquisition costs, value
of business acquired, and sales inducements
(193.4)
(191.0)
(174.0)
Amortization of deferred policy acquisition costs,
value of business acquired, and sales inducements
133.9
25.9
165.8
Net accretion/decretion of discount/premium
72.7
83.8
115.5
Future policy benefits, claims reserves, and
interest credited
599.0
662.5
634.2
Provision for deferred income taxes
30.4
75.6
11.0
Net realized capital losses (gains)
8.2
(3.0)
(22.0)
Depreciation
18.2
12.6
12.0
Change in:
Accrued investment income
12.1
23.2
(21.6)
Reinsurance recoverable
121.0
81.3
104.6
Other receivable and assets accruals
(37.0)
(20.1)
2.6
Due to/from affiliates
46.4
20.4
4.6
Other payables and accruals
17.8
86.3
(49.8)
Other, net
(16.4)
5.9
3.3
Net cash provided by operating activities
1,031.3
1,165.2
1,058.9
Cash
Flows
from
Investing
Activities:
Proceeds from the sale, maturity, or redemption of:
Fixed maturities, available-for-sale
10,235.6
10,355.2
19,232.3
Equity securities, available-for-sale
113.8
91.7
119.8
Mortgage loans on real estate
205.4
197.0
179.0
Acquisition of:
Fixed maturities, available-for-sale
(8,425.5)
(8,802.1)
(19,435.9)
Equity securities, available-for-sale
(243.9)
(149.1)
(120.4)
Mortgage loans on real estate
(415.1)
(680.3)
(484.8)
Policy loans
(4.5)
(6.5)
0.3
Derivatives, net
32.2
1.4
4.2
Limited partnerships, net
(279.5)
(237.6)
(46.3)
Other investments
(182.1)
(4.0)
(1.5)
Purchases of property and equipment, net
(90.5)
(54.5)
(14.2)
Net cash provided by (used in) investing activities
945.9
711.2
(567.5)
The accompanying notes are an integral part of these consolidated financial statements.
67
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Consolidated Statements of Cash Flows
(In millions)
Year
Ended
December
31,
2007
2006
2005
Cash
Flows
from
Financing
Activities:
Deposits received for investment contracts
1,600.0
1,875.7
2,024.2
Maturities and withdrawals from investment contracts
(3,451.2)
(3,420.7)
(2,237.5)
Short-term loans to affiliates
45.0
86.0
(106.0)
Short-term borrowings
(94.8)
(107.9)
(116.3)
Notes payable
9.9
-
-
Dividends to Parent
(145.0)
(256.0)
(20.5)
Net cash used in financing activities
(2,036.1)
(1,822.9)
(456.1)
Net (decrease) increase in cash and cash equivalents
(58.9)
53.5
35.3
Cash and cash equivalents, beginning of year
311.2
257.7
222.4
Cash and cash equivalents, end of year
$
252.3
$
311.2
$
257.7
Supplemental cash flow information:
Income taxes paid, net
$
45.1
$
37.6
$
47.1
Interest paid
$
44.6
$
40.8
$
32.0
The accompanying notes are an integral part of these consolidated financial statements.
68
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
1.
Organization and Significant Accounting Policies
Basis of Presentation
ING Life Insurance and Annuity Company ("ILIAC") is a stock life insurance company domiciled in the state of Connecticut.  ILIAC and its wholly-owned subsidiaries (collectively, the "Company") are providers of financial products and services in the United States.  ILIAC is authorized to conduct its insurance business in all states and in the District of Columbia.
The consolidated financial statements include ILIAC and its wholly-owned subsidiaries, ING Financial Advisers, LLC ("IFA") and Directed Services LLC ("DSL").  ILIAC is a direct, wholly-owned subsidiary of Lion Connecticut Holdings Inc. ("Lion" or "Parent"), which is an indirect, wholly-owned subsidiary of ING Groep N.V. ("ING").  ING is a global financial services holding company based in The Netherlands, with American Depository Shares listed on the New York Stock Exchange under the symbol "ING."
On December 1, 2006, Lion contributed to ILIAC, Directed Services, Inc. ("DSI"), a New York corporation registered as a broker-dealer under the Securities Exchange Act of 1934 and as an investment advisor under the Investment Advisors Act of 1940, whose primary functions were the distribution of variable insurance products and investment advisory services for open-end mutual funds.  Additionally, on December 12, 2006, ILIAC organized DSL as a wholly-owned Delaware limited liability company.  On December 31, 2006, DSI merged with and into DSL and ceased to exist.  Upon merger, the operations and broker-dealer and investment advisor registrations of DSI were consolidated into DSL, the surviving company.  Effective January 1, 2007, ILIAC's investment advisory agreement with certain variable funds offered in Company products was assigned to DSL.
Statement of Financial Accounting Standards ("FAS") No. 141, "Business Combinations", excludes transfers of net assets or exchanges of shares between entities under common control, and notes that certain provisions under Accounting Principles Board ("APB") Opinion No. 16, "Business Combinations", provide a source of guidance for such transactions.  In accordance with APB Opinion No. 16, financial information of the combined entity is presented as if the entities had been combined for the full year, and all comparative financial statements are restated and presented as if the entities had previously been combined, in a manner similar to a pooling-of-interests.  The consolidated financial statements give effect to the DSL consolidation transactions as if they had occurred on January 1, 2004 and include the following:
69
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
2006
2005
Total revenue
$
594.9
$
507.7
Net income
35.8
28.2
Additional paid-in capital:
Dividends paid
25.0
20.5
Employee share-based payments
0.1
0.2
On May 11, 2006, ILIAC organized NWL as a wholly-owned subsidiary for the purpose of purchasing, constructing, developing, leasing, and managing a new corporate office facility to be located at One Orange Way, Windsor, Connecticut (the "Windsor Property").  Effective October 1, 2007, the principal executive office of ILIAC was changed to One Orange Way, Windsor, Connecticut.
On October 31, 2007, ILIAC's subsidiary, NWL merged with and into ILIAC.  As of the merger date, NWL ceased to exist, and ILIAC became the surviving corporation.  The merger did not have an impact on ILIAC's consolidated results of operations and financial position, as NWL was a wholly-owned subsidiary and already included in the consolidated financial statements for all periods presented since its formation.
Description of Business
The Company offers qualified and nonqualified annuity contracts that include a variety of funding and payout options for individuals and employer-sponsored retirement plans qualified under Internal Revenue Code Sections 401, 403, 408, and 457, as well as nonqualified deferred compensation plans.  The Company's products are offered primarily to individuals, pension plans, small businesses, and employer-sponsored groups in the health care, government, and education markets (collectively "not-for-profit" organizations) and corporate markets.  The Company's products are generally distributed through pension professionals, independent agents and brokers, third party administrators, banks, dedicated career agents, and financial planners.
Products offered by the Company include deferred and immediate (payout annuities) annuity contracts.  Company products also include programs offered to qualified plans and nonqualified deferred compensation plans that package administrative and record-keeping services along with a variety of investment options, including affiliated and nonaffiliated mutual funds and variable and fixed investment options. In addition, the Company offers wrapper agreements entered into with retirement plans, which contain certain benefit responsive guarantees (i.e. liquidity guarantees of principal and previously accrued interest for benefits paid under the terms of the plan) with respect to portfolios of plan-owned assets not invested with the Company. The Company also offers investment advisory services and pension and retirement savings plan administrative services.
The Company has one operating segment.
70
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Recently Adopted Accounting Standards
Accounting for Uncertainty in Income Taxes
In June 2006, the Financial Accounting Standards Board ("FASB") issued FASB Interpretation No. 48, "Accounting for Uncertainty in Income Taxes" ("FIN 48"), which creates a single model to address the accounting for the uncertainty in income tax positions recognized in a company's financial statements.  FIN 48 prescribes a recognition threshold and measurement criteria that must be satisfied to recognize a financial statement benefit of tax positions taken, or expected to be taken, on an income tax return.  Additionally, FIN 48 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition.
FIN 48 was adopted by the Company on January 1, 2007.  As a result of implementing FIN 48, the Company recognized a cumulative effect of change in accounting principle of $2.9 as a reduction to January 1, 2007 Retained earnings (deficit).
Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts
In September 2005, the American Institute of Certified Public Accountants ("AICPA") issued Statement of Position ("SOP") 05-1, "Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts" ("SOP 05-1"), which states that when an internal replacement transaction results in a substantially changed contract, the unamortized deferred acquisition costs, unearned revenue liabilities, and deferred sales inducement assets, related to the replaced contract should not be deferred in connection with the new contract.  Contract modifications that meet various conditions defined by SOP 05-1 and result in a new contract that is substantially unchanged from the replaced contract, however, should be accounted for as a continuation of the replaced contract.
SOP 05-1 defines an internal replacement as a modification in product benefits, features, rights, or coverage that occurs by the exchange of a contract for a new contract, by amendment, endorsement, or rider, to a contract, or by the election of a feature or coverage within a contract.  SOP 05-1 applies to internal replacements made primarily to contracts defined by FAS No. 60, "Accounting and Reporting by Insurance Enterprises" ("FAS No. 60"), as short-duration and long-duration insurance contracts, and by FAS No. 97, "Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments" ("FAS No. 97"), as investment contracts.
71
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
SOP 05-1 was adopted by the Company on January 1, 2007, and is effective for internal replacements occurring on or after that date.  As a result of implementing SOP 05-1, the Company recognized a cumulative effect of change in accounting principle of $43.4, before tax, or $28.2, net of $15.2 of income taxes, as a reduction to January 1, 2007 Retained earnings (deficit).  In addition, the Company revised its accounting policy on the amortization of deferred policy acquisition costs ("DAC") and value of business acquired ("VOBA") to include internal replacements.
Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans
In September 2006, the FASB issued FAS No. 158, "Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans - An Amendment of FASB Statements No. 87, 88, 106, and 132R" ("FAS No. 158"). FAS No. 158 requires an employer to:
§
Recognize in the statement of financial position, an asset for a plan's overfunded status or a liability for a plan's underfunded status;
§
Measure a plan's assets and obligations that determine its funded status as of the end of the fiscal year; and
§
Recognize changes in the funded status of a defined benefit postretirement plan in the year in which the changes occur, reporting such changes in comprehensive income.
On December 31, 2006, the Company adopted the recognition and disclosure provisions of FAS No. 158.  The effect of adopting FAS No. 158 on the Company's financial condition at December 31, 2006 is included in the accompanying consolidated financial statements.  FAS No. 158 did not have a significant effect on the Company's financial condition at December 31, 2006.  The provisions regarding the change in the measurement date of postretirement benefit plans are not applicable, as the Company already uses a measurement date of December 31 for its pension plans.
The incremental effects of adopting the provisions of FAS No. 158 on the Company's Consolidated Balance Sheets at December 31, 2006 was $(0.5).
Accounting for Certain Hybrid Financial Instruments
In February 2006, the FASB issued FAS No. 155, "Accounting for Certain Hybrid Financial Instruments - an amendment of FASB Statements No. 133 and 140" ("FAS No. 155"), which permits the application of fair value accounting to certain hybrid financial instruments in their entirety if they contain embedded derivatives that would otherwise require bifurcation under FAS No. 133, "Accounting for Derivative Instruments and Hedging Activities" ("FAS No. 133").  Under this approach, changes in fair value would be recognized currently in earnings.  In addition, FAS No. 155 does the following:
72
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
§
Clarifies which interest-only strips and principal-only strips are not subject to derivative accounting under FAS No. 133;
§
Requires that interests in securitized financial assets be analyzed to identify interests that are freestanding derivatives or that are hybrid instruments that contain embedded derivatives requiring bifurcation;
§
Clarifies that concentrations of credit risk in the form of subordination are not embedded derivatives; and
§
Allows a qualifying special-purpose entity to hold derivative financial instruments that pertain to beneficial interests, other than another derivative financial instrument.
FAS No. 155 was adopted by the Company on January 1, 2007, and is effective for all instruments acquired, issued, or subject to a remeasurement event, occurring on or after that date.  The adoption of FAS No. 155 did not have a material effect on the Company's financial position, results of operations, or cash flows.
New Accounting Pronouncements
Business Combinations
In December 2007, the FASB issued FAS No. 141 (revised 2007), "Business Combinations" ("FAS No. 141R"), which replaces FAS No. 141, "Business Combinations," as issued in 2001.  FAS No. 141R requires most identifiable assets, liabilities, noncontrolling interest, and goodwill, acquired in a business combination to be recorded at full fair value as of the acquisition date, even for acquisitions achieved in stages.  In addition, the statement requires:
§
Acquisition-related costs to be recognized separately and generally expensed;
§
Non-obligatory restructuring costs to be recognized separately when the liability is incurred;
§
Contractual contingencies acquired to be recorded at acquisition-date fair values;
§
A bargain purchase, which occurs when the fair value of net assets acquired exceeds the consideration transferred plus any non-controlling interest in the acquiree, to be recognized as a gain; and
§
The nature and financial effects of the business combination to be disclosed.
FAS No. 141R also amends or eliminates various other authoritative literature.
The provisions of FAS No. 141R are effective for fiscal years beginning on or after December 15, 2008 for all business combinations occurring on or after that date.  As such, this standard will impact any Company acquisitions that occur on or after January 1, 2009.
73
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
The Fair Value Option for Financial Assets and Financial Liabilities
In February 2007, the FASB issued FAS No. 159, "The Fair Value Option for Financial Assets and Financial Liabilities" ("FAS No. 159"), which allows a company to make an irrevocable election, on specific election dates, to measure eligible items at fair value.  The election to measure an item at fair value may be determined on an instrument by instrument basis, with certain exceptions.  If the fair value option is elected, unrealized gains and losses will be recognized in earnings at each subsequent reporting date, and any upfront costs and fees related to the item will be recognized in earnings as incurred.  Items eligible for the fair value option include:
§
Certain recognized financial assets and liabilities;
§
Rights and obligations under certain insurance contracts that are not financial instruments;
§
Host financial instruments resulting from the separation of an embedded nonfinancial derivative instrument from a nonfinancial hybrid instrument; and
§
Certain commitments.
FAS No. 159 is effective for fiscal years beginning after November 15, 2007.  As of the effective date, the fair value option may be elected for eligible items that exist on that date.  The effect of the first remeasurement to fair value shall be reported as a cumulative effect adjustment to the opening balance of Retained earnings (deficit).  The Company will not be electing the fair value option for any eligible assets or liabilities in existence on January 1, 2008.
Fair Value Measurements
In September 2006, the FASB issued FAS No. 157, "Fair Value Measurements" ("FAS No. 157"). FAS No. 157 provides guidance for using fair value to measure assets and liabilities whenever other standards require (or permit) assets or liabilities to be measured at fair value.  FAS No. 157 does not expand the use of fair value in any new circumstances.
Under FAS No. 157, the FASB clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability. In support of this principle, FAS No. 157 establishes a fair value hierarchy that prioritizes the information used to develop such assumptions. The fair value hierarchy gives the highest priority to quoted prices in active markets and the lowest priority to unobservable data.  FAS No. 157 also requires separate disclosure of fair value measurements by level within the hierarchy and expanded disclosure of the effect on earnings for items measured using unobservable data.
The provisions of FAS No. 157 are effective for financial statements issued for fiscal years beginning after November 15, 2007.  The Company is in the process of determining the impact of adoption of FAS No. 157.
74
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Use of Estimates
The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.  Actual results could differ from reported results using those estimates.
Reclassifications
Certain reclassifications have been made to prior year financial information to conform to the current year classifications.
Cash and Cash Equivalents
Cash and cash equivalents include cash on hand, money market instruments, and other debt issues with a maturity of 90 days or less when purchased.
Investments
All of the Company's fixed maturities and equity securities are currently designated as available-for-sale.  Available-for-sale securities are reported at fair value and unrealized capital gains (losses) on these securities are recorded directly in Shareholder's equity, after adjustment for related changes in experience-rated contract allocations, DAC, VOBA, and deferred income taxes.
Other-Than-Temporary Impairments
The Company analyzes the general account investments to determine whether there has been an other-than-temporary decline in fair value below the amortized cost basis.  Management considers the length of time and the extent to which fair value has been less than amortized cost, the issuer's financial condition and near-term prospects, future economic conditions and market forecasts, and the Company's intent and ability to retain the investment for a period of time sufficient to allow for recovery in fair value.  If it is probable that all amounts due according to the contractual terms of a debt security will not be collected, an other-than-temporary impairment is considered to have occurred.
In addition, the Company invests in structured securities that meet the criteria of the Emerging Issues Task Force ("EITF") Issue No. 99-20 "Recognition of Interest Income and Impairment on Purchased and Retained Beneficial Interests in Securitized Financial Assets" ("EITF 99-20").  Under EITF 99-20, a further determination of the required impairment is based on credit risk and the possibility of significant prepayment risk that restricts the Company's ability to recover the investment.  An impairment is recognized if the fair value of the security is less than amortized cost and there has been adverse change in cash flow since the last remeasurement date.
75
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
When a decline in fair value is determined to be other-than-temporary, the individual security is written down to fair value, and the loss is accounted for as a change in Net realized capital gains (losses).
Experience-Rated Products
Included in available-for-sale securities are investments that support experience-rated products.  Experience-rated products are products where the customer, not the Company, assumes investment (including realized capital gains and losses) and other risks, subject to, among other things, minimum principal and interest guarantees.  Unamortized realized capital gains (losses) on the sale of and unrealized capital gains (losses) on investments supporting these products are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets.  Net realized capital gains (losses) on all other investments are reflected in the Consolidated Statements of Operations.  Unrealized capital gains (losses) on all other investments are reflected in Accumulated other comprehensive income (loss) in Shareholder's equity, net of DAC and VOBA adjustments for unrealized capital gains
(losses), and related income taxes.
Purchases and Sales
Purchases and sales of fixed maturities and equity securities, excluding private placements, are recorded on the trade date.  Purchases and sales of private placements and mortgage loans are recorded on the closing date.
Valuation
The fair value for fixed maturities is largely determined by one of two pricing methods: published price quotations or valuation techniques with market inputs.  Security pricing is applied using a hierarchy or "waterfall" approach, whereby prices are first sought from published price quotations, including independent pricing services or broker-dealer quotations.  Published price quotations may be unavailable or deemed unreliable due to a limited market for securities that are rarely traded or are traded only in privately negotiated transactions.  As such, fair values for the remaining securities, consisting primarily of privately placed bonds, are then determined using risk-free interest rates, current corporate spreads, the credit quality of the issuer, and cash flow characteristics of the security.
The fair values for actively traded equity securities are based on quoted market prices. For equity securities not actively traded, estimated fair values are based upon values of issues of comparable yield and quality or conversion value, where applicable.
76
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Mortgage loans on real estate are reported at amortized cost, less impairment write-downs.  If the value of any mortgage loan is determined to be impaired (i.e., when it is probable the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement), the carrying value of the mortgage loan is reduced to the present value of expected cash flows from the loan, discounted at the loan's effective interest rate, or fair value of the collateral.  If the loan is in foreclosure, the carrying value is reduced to the fair value of the underlying collateral, net of estimated costs to obtain and sell.  The carrying value of the impaired loans is reduced by establishing a permanent write-down recorded in Net realized capital gains (losses).  At December 31, 2007 and 2006, the Company had no allowance for mortgage loan credit losses. The properties
collateralizing mortgage loans are geographically dispersed throughout the United States, with the largest concentration of and 16.8% and 17.7% of properties in California at December 31, 2007 and 2006, respectively.
Policy loans are carried at unpaid principal balances.
Short-term investments, consisting primarily of money market instruments and other fixed maturity issues purchased with an original maturity of 91 days to one year, are considered available-for-sale and are carried at fair value.
Derivative instruments are reported at fair value primarily using the Company's derivative accounting system. The system uses key financial data, such as yield curves, exchange rates, Standard & Poor's ("S&P") 500 Index prices, and London Inter Bank Offered Rates ("LIBOR"), which are obtained from third party sources and uploaded into the system.  For those derivatives that are unable to be valued by the accounting system, the Company typically utilizes values established by third party brokers.  Embedded derivative instruments are reported at fair value based upon internally established valuations that are consistent with external valuation models or market quotations.
Repurchase Agreements
The Company engages in dollar repurchase agreements ("dollar rolls") and repurchase agreements to increase the return on investments and improve liquidity.  These transactions involve a sale of securities and an agreement to repurchase substantially the same securities as those sold.  Company policies require a minimum of 95% of the fair value of securities pledged under dollar rolls and repurchase agreement transactions to be maintained as collateral.  Cash collateral received is invested in fixed maturities, and the carrying value of the securities pledged in dollar rolls and repurchase agreement transactions is included in Securities pledged on the Consolidated Balance Sheets.  The repurchase obligation related to dollar rolls and repurchase agreements is included in Borrowed money on the Consolidated Balance Sheets.
77
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
The Company also enters into reverse repurchase agreements.  These transactions involve a purchase of securities and an agreement to sell substantially the same securities as those purchased.  Company policies require a minimum of 102% of the fair value of securities pledged under reverse repurchase agreements to be pledged as collateral.  Reverse repurchase agreements are included in Cash and cash equivalents on the Consolidated Balance Sheets.
Securities Lending
The Company engages in securities lending whereby certain securities from its portfolio are loaned to other institutions for short periods of time.  Initial collateral, primarily cash, is required at a rate of 102% of the market value of the loaned domestic securities.  The collateral is deposited by the borrower with a lending agent, and retained and invested by the lending agent according to the Company's guidelines to generate additional income.  The market value of the loaned securities is monitored on a daily basis with additional collateral obtained or refunded as the market value of the loaned securities fluctuates.
Derivatives
The Company's use of derivatives is limited mainly to hedging purposes to reduce the Company's exposure to cash flow variability of assets and liabilities, interest rate risk, credit risk, and market risk.  Generally, derivatives are not accounted for using hedge accounting treatment under FAS No. 133, as the Company has not historically sought hedge accounting treatment.
The Company enters into interest rate, equity market, credit default, and currency contracts, including swaps, caps, floors, and options, to reduce and manage risks associated with changes in value, yield, price, cash flow, or exchange rates of assets or liabilities held or intended to be held, or to assume or reduce credit exposure associated with a referenced asset, index, or pool.  The Company also utilizes options and futures on equity indices to reduce and manage risks associated with its annuity products.  Open derivative contracts are reported as either Other investments or Other liabilities, as appropriate, on the Consolidated Balance Sheets.  Changes in the fair value of such derivatives are recorded in Net realized capital gains (losses) in the Consolidated Statements of Operations.
The Company also has investments in certain fixed maturity instruments, and has issued certain retail annuity products, that contain embedded derivatives whose market value is at least partially determined by, among other things, levels of or changes in domestic and/or foreign interest rates (short- or long-term), exchange rates, prepayment rates, equity markets, or credit ratings/spreads.
Embedded derivatives within fixed maturity instruments are included in Fixed maturities, available-for-sale, on the Consolidated Balance Sheets, and changes in fair value are recorded in Net realized capital gains (losses) in the Consolidated Statements of Operations.
78
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Embedded derivatives within retail annuity products are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets, and changes in the fair value are recorded in Interest credited and benefits to contractowners in the Consolidated Statements of Operations.
Deferred Policy Acquisition Costs and Value of Business Acquired
General
DAC represents policy acquisition costs that have been capitalized and are subject to amortization.  Such costs consist principally of certain commissions, underwriting, contract issuance, and certain agency expenses, related to the production of new and renewal business.
VOBA represents the outstanding value of in force business capitalized in purchase accounting when the Company was acquired and is subject to amortization.  The value is based on the present value of estimated net cash flows embedded in the Company's contracts.
FAS No. 97 applies to universal life and investment-type products, such as fixed and variable deferred annuities.  Under FAS No. 97, DAC and VOBA are amortized, with interest, over the life of the related contracts in relation to the present value of estimated future gross profits from investment, mortality, and expense margins, plus surrender charges.
Internal Replacements
Contractowners may periodically exchange one contract for another, or make modifications to an existing contract. Beginning January 1, 2007, these transactions are identified as internal replacements and are accounted for in accordance with Statement of Position 05-1.
Internal replacements that are determined to result in substantially unchanged contracts are accounted for as continuations of the replaced contracts.  Any costs associated with the issuance of the new contracts are considered maintenance costs and expensed as incurred. Unamortized DAC and VOBA related to the replaced contracts continue to be deferred and amortized in connection with the new contracts.  For deferred annuities, the estimated future gross profits of the new contracts are treated as revisions to the estimated future gross profits of the replaced contracts in the determination of amortization.
Internal replacements that are determined to result in contracts that are substantially changed are accounted for as extinguishments of the replaced contracts, and any unamortized DAC and VOBA related to the replaced contracts are written off to Net amortization of deferred policy acquisition costs and value of business acquired in the Consolidated Statements of Operations.
79
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
As a result of implementing SOP 05-1, the Company recognized a cumulative effect of change in accounting principle of $43.4, before tax, or $28.2, net of $15.2 of income taxes, as a reduction to January 1, 2007 Retained earnings (deficit).
Unlocking
Changes in assumptions can have a significant impact on DAC and VOBA balances and amortization rates.  Several assumptions are considered significant in the estimation of future gross profits associated with variable deferred annuity products.  One of the most significant assumptions involved in the estimation of future gross profits is the assumed return associated with the variable account performance.  To reflect the volatility in the equity markets, this assumption involves a combination of near-term expectations and long-term assumptions regarding market performance.  The overall return on the variable account is dependent on multiple factors, including the relative mix of the underlying sub-accounts among bond funds and equity funds, as well as equity sector weightings.  Other significant assumptions include surrender and lapse rates, estimated interest spread, and estimated mortality.
Due to the relative size and sensitivity to minor changes in underlying assumptions of DAC and VOBA balances, the Company performs quarterly and annual analyses of DAC and VOBA.  The DAC and VOBA balances are evaluated for recoverability.
At each evaluation date, actual historical gross profits are reflected, and estimated future gross profits and related assumptions are evaluated for continued reasonableness.  Any adjustment in estimated future gross profits requires that the amortization rate be revised ("unlocking"), retroactively to the date of the policy or contract issuance.  The cumulative unlocking adjustment is recognized as a component of current period amortization.  In general, sustained increases in investment, mortality, and expense margins, and thus estimated future gross profits, lower the rate of amortization.  Sustained decreases in investment, mortality, and expense margins, and thus estimated future gross profits, however, increase the rate of amortization.
Property and Equipment
Property and equipment are carried at cost, less accumulated depreciation.  Expenditures for replacements and major improvements are capitalized; maintenance and repair expenditures are expensed as incurred.
At December 31, 2007 and 2006, total accumulated depreciation and amortization was $120.7 and $107.5, respectively.  Depreciation on property and equipment is provided on a straight-line basis over the estimated useful lives of the assets with the exception of land and artwork, which are not depreciated or amortized.  The Company's property and equipment are depreciated using the following estimated useful lives.
80
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Estimated Useful Lives
Buildings
40 years
Furniture and fixtures
5 years
Leasehold improvements
10 years, or the life of the lease, whichever is shorter
Equipment
3 years
Software
3 years
Reserves
The Company records as liabilities reserves to meet the Company's future obligations under its variable annuity and fixed annuity products.
Future policy benefits and claims reserves include reserves for deferred annuities and immediate annuities with and without life contingent payouts.
Reserves for individual and group deferred annuity investment contracts and individual immediate annuities without life contingent payouts are equal to cumulative deposits, less charges and withdrawals, plus credited interest thereon, net of adjustments for investment experience that the Company is entitled to reflect in future credited interest.  Reserves interest rates vary by product and ranged from 1.6% to 7.8% for the years 2007, 2006, and 2005.  Certain reserves also include unrealized gains and losses related to investments and unamortized realized gains and losses on investments for experience-rated contracts.  Reserves on experienced-rated contracts reflect the rights of contractowners, plan participants, and the Company.  Reserves for group immediate annuities without life contingent payouts are equal to the discount value of the payment at the implied break-even rate.
Reserves for individual immediate annuities with life contingent payout benefits are computed on the basis of assumed interest discount rates, mortality, and expenses, including a margin for adverse deviations.  Such assumptions generally vary by annuity type plan, year of issue, and policy duration.  For the years 2007, 2006, and 2005, reserve interest rates ranged from 5.1% to 5.9%.
The Company has a significant concentration of reinsurance arising from the disposition of its individual life insurance business.  In 1998, the Company entered into an indemnity reinsurance arrangement with certain subsidiaries of Lincoln National Corporation ("Lincoln").  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.  The Company includes an amount in Reinsurance recoverable on the Consolidated Balance Sheets, which equals the Company's total individual life reserves.  Individual life reserves are included in Future policy benefits and claims reserves on the Consolidated Balance Sheets.
Unpaid claims and claim expenses for all lines of insurance include benefits for reported losses and estimates of benefits for losses incurred but not reported.
81
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Certain variable annuities offer guaranteed minimum death benefits ("GMDB").  The GMDB is accrued in the event the contractowner account value at death is below the guaranteed value and is included in reserves.
Revenue Recognition
For most annuity contracts, charges assessed against contractowner funds for the cost of insurance, surrenders, expenses, and other fees are recorded as revenue as charges are assessed.  Other amounts received for these contracts are reflected as deposits and are not recorded as premiums or revenue.  When annuity payments with life contingencies begin under contracts that were initially investment contracts, the accumulated balance in the account is treated as a single premium for the purchase of an annuity and reflected in both Premiums and Interest credited and other benefits to contractowners in the Consolidated Statements of Operations.
Premiums on the Consolidated Statements of Operations primarily represent amounts received for immediate annuities with life contingent payouts.
Separate Accounts
Separate account assets and liabilities generally represent funds maintained to meet specific investment objectives of contractowners who bear the investment risk, subject, in limited cases, to certain minimum guarantees.  Investment income and investment gains and losses generally accrue directly to such contractowners.  The assets of each account are legally segregated and are not subject to claims that arise out of any other business of the Company or its affiliates.
Separate account assets supporting variable options under variable annuity contracts are invested, as designated by the contractowner or participant (who bears the investment risk subject, in limited cases, to minimum guaranteed rates) under a contract, in shares of mutual funds that are managed by the Company or its affiliates, or in other selected mutual funds not managed by the Company or its affiliates.
Separate account assets and liabilities are carried at fair value and shown as separate captions in the Consolidated Balance Sheets.  Deposits, investment income, and net realized and unrealized capital gains (losses) of the separate accounts, however, are not reflected in the Consolidated Statements of Operations (with the exception of realized and unrealized capital gains (losses) on the assets supporting the guaranteed interest option).  The Consolidated Statements of Cash Flows do not reflect investment activity of the separate accounts.
82
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Assets and liabilities of separate account arrangements that do not meet the criteria for separate presentation in the Consolidated Balance Sheets (primarily the guaranteed interest option), and revenue and expenses related to such arrangements, are consolidated in the financial statements with the general account.  At December 31, 2007 and 2006, unrealized capital losses of $11.0 and $7.3, respectively, after taxes, on assets supporting a guaranteed interest option are reflected in Shareholder's equity.
Reinsurance
The Company utilizes indemnity reinsurance agreements to reduce its exposure to losses from GMDBs in its annuity insurance business.  Reinsurance permits recovery of a portion of losses from reinsurers, although it does not discharge the Company's primary liability as the direct insurer of the risks.  The Company evaluates the financial strength of potential reinsurers and continually monitors the financial strength and credit ratings of its reinsurers. Only those reinsurance recoverable balances deemed probable of recovery are reflected as assets on the Company's Consolidated Balance Sheets.
Of the Reinsurance recoverable on the Consolidated Balance Sheets, $2.6 billion and $2.7 billion at December 31, 2007 and 2006, respectively, is related to the reinsurance recoverable from certain subsidiaries of Lincoln arising from the disposal of the Company's individual life insurance business in 1998 (see the Reinsurance footnote).  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.
Income Taxes
The Company is taxed at regular corporate rates after adjusting income reported for financial statement purposes for certain items.  Deferred income tax expenses/benefits result from changes during the year in cumulative temporary differences between the tax basis and book basis of assets and liabilities.
83
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
2.
Investments
Fixed Maturities and Equity Securities
Fixed maturities and equity securities, available-for-sale, were as follows as of December 31, 2007.
Gross
Gross
Unrealized
Unrealized
Amortized
Capital
Capital
Fair
Cost
Gains
Losses
Value
Fixed maturities:
U.S. Treasuries
$
11.2
$
0.7
$
-
$
11.9
U.S. government agencies and authorities
0.6
-
-
0.6
State, municipalities, and political subdivisions
66.1
0.1
2.2
64.0
U.S. corporate securities:
Public utilities
1,049.1
10.8
15.6
1,044.3
Other corporate securities
3,855.1
46.1
65.2
3,836.0
Total U.S. corporate securities
4,904.2
56.9
80.8
4,880.3
Foreign securities
(1)
:
Government
379.3
17.1
6.6
389.8
Other
1,955.8
29.9
40.3
1,945.4
Total foreign securities
2,335.1
47.0
46.9
2,335.2
Residential mortgage-backed securities
4,146.1
101.8
63.5
4,184.4
Commercial mortgage-backed securities
1,927.3
10.7
52.3
1,885.7
Other asset-backed securities
924.3
5.5
41.5
888.3
Total fixed maturities, including
securities pledged
14,314.9
222.7
287.2
14,250.4
Less: securities pledged
940.2
8.0
14.1
934.1
Total fixed maturities
13,374.7
214.7
273.1
13,316.3
Equity securities
440.1
13.8
7.5
446.4
Total investments, available-for-sale
$
13,814.8
$
228.5
$
280.6
$
13,762.7
(1)
Primarily U.S. dollar denominated.
84
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Fixed maturities and equity securities, available-for-sale, were as follows as of December 31, 2006.
Gross
Gross
Unrealized
Unrealized
Amortized
Capital
Capital
Fair
Cost
Gains
Losses
Value
Fixed maturities:
U.S. Treasuries
$
25.5
$
0.1
$
-
$
25.6
U.S. government agencies and authorities
276.6
3.6
3.3
276.9
State, municipalities, and political subdivisions
45.4
1.1
0.1
46.4
U.S. corporate securities:
Public utilities
1,111.4
9.1
15.7
1,104.8
Other corporate securities
4,281.8
47.6
62.3
4,267.1
Total U.S. corporate securities
5,393.2
56.7
78.0
5,371.9
Foreign securities
(1)
:
Government
466.0
31.8
3.5
494.3
Other
2,000.4
28.3
33.3
1,995.4
Total foreign securities
2,466.4
60.1
36.8
2,489.7
Residential mortgage-backed securities
4,529.8
52.4
82.2
4,500.0
Commercial mortgage-backed securities
2,261.3
14.0
28.6
2,246.7
Other asset-backed securities
1,258.1
6.5
10.1
1,254.5
Total fixed maturities, including
securities pledged
16,256.3
194.5
239.1
16,211.7
Less: securities pledged
1,106.2
6.4
13.1
1,099.5
Total fixed maturities
15,150.1
188.1
226.0
15,112.2
Equity securities
233.6
20.4
2.3
251.7
Total investments, available-for-sale
$
15,383.7
$
208.5
$
228.3
$
15,363.9
(1)
Primarily U.S. dollar denominated.
At December 31, 2007 and 2006, net unrealized losses were $58.2 and $26.5, respectively, on total fixed maturities, including securities pledged to creditors, and equity securities.  At December 31, 2007 and 2006, $16.4 and $52.4, respectively, of net unrealized capital gains (losses) was related to experience-rated contracts and was not reflected in Shareholder's equity but in Future policy benefits and claim reserves.
85
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
The amortized cost and fair value of total fixed maturities as of December 31, 2007, are shown below by contractual maturity.  Actual maturities may differ from contractual maturities as securities may be restructured, called, or prepaid.
Amortized
Fair
Cost
Value
Due to mature:
One year or less
$
363.4
$
363.6
After one year through five years
2,440.7
2,451.6
After five years through ten years
2,779.9
2,761.2
After ten years
1,733.2
1,715.6
Mortgage-backed securities
6,073.4
6,070.1
Other asset-backed securities
924.3
888.3
Less: securities pledged
940.2
934.1
Fixed maturities, excluding securities pledged
$
13,374.7
$
13,316.3
The Company did not have any investments in a single issuer, other than obligations of the U.S. government and government agencies, with a carrying value in excess of 10% of the Company's Shareholder's equity at December 31, 2007 or 2006.
At December 31, 2007 and 2006, fixed maturities with fair values of $13.9 and $11.2, respectively, were on deposit as required by regulatory authorities.
The Company invests in various categories of collateralized mortgage obligations ("CMOs") that are subject to different degrees of risk from changes in interest rates and, for CMOs that are not agency-backed, defaults.  The principal risks inherent in holding CMOs are prepayment and extension risks related to dramatic decreases and increases in interest rates resulting in the prepayment of principal from the underlying mortgages, either earlier or later than originally anticipated.  At December 31, 2007 and 2006, approximately 11.3% and 8.4%, respectively, of the Company's CMO holdings were invested in those types of CMOs which are subject to more prepayment and extension risk than traditional CMOs, such as interest-only or principal-only strips.
Equity Securities
Equity securities, available-for-sale, included investments with fair values of $279.5 and $219.5 in ING proprietary funds as of December 31, 2007 and 2006, respectively.
Repurchase Agreements
The Company engages in dollar repurchase agreements ("dollar rolls") and repurchase agreements.  At December 31, 2007 and 2006, the carrying value of the securities pledged in dollar rolls and repurchase agreement transactions was $757.6 and $832.4, respectively.  The repurchase obligation related to dollar rolls and repurchase agreements totaled $734.8 and $833.2 at December 31, 2007 and 2006, respectively.
86
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
The Company also engages in reverse repurchase agreements.  At December 31, 2007 and 2006, the Company did not have any reverse repurchase agreements.
The primary risk associated with short-term collateralized borrowings is that the counterparty will be unable to perform under the terms of the contract.  The Company's exposure is limited to the excess of the net replacement cost of the securities over the value of the short-term investments, an amount that was immaterial at December 31, 2007 and 2006.  The Company believes the counterparties to the dollar rolls, repurchase, and reverse repurchase agreements are financially responsible and that the counterparty risk is minimal.
Unrealized Capital Losses
Unrealized capital losses in fixed maturities at December 31, 2007 and 2006, were primarily related to interest rate movement or spread widening to mortgage and other asset-backed securities.  Mortgage and other asset-backed securities include U.S. government-backed securities, principal protected securities, and structured securities, which did not have an adverse change in cash flows.  The following table summarizes the unrealized capital losses by duration and reason, along with the fair value of fixed maturities, including securities pledged, in unrealized capital loss positions at December 31, 2007 and 2006.
Less
than
More
than
More
than
Six
Six
Months
Twelve
Months
and
less
than
Months
Total
Below
Twelve
Months
Below
Unrealized
Amortized
Below
Amortized
Amortized
Capital
2007
Cost
Cost
Costs
Loss
Interest rate or spread widening
$
18.8
$
62.3
$
48.8
$
129.9
Mortgage and other
asset-backed securities
30.1
69.0
58.2
157.3
Total unrealized capital losses
$
48.9
$
131.3
$
107.0
$
287.2
Fair value
$
2,256.2
$
2,217.7
$
3,612.1
$
8,086.0
87
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Less
than
More
than
More
than
Six
Six
Months
Twelve
Months
and
less
than
Months
Total
Below
Twelve
Months
Below
Unrealized
Amortized
Below
Amortized
Amortized
Capital
2006
Cost
Cost
Costs
Loss
Interest rate or spread widening
$
10.8
$
4.8
$
102.6
$
118.2
Mortgage and other
asset-backed securities
11.0
2.5
107.4
120.9
Total unrealized capital losses
$
21.8
$
7.3
$
210.0
$
239.1
Fair value
$
2,447.4
$
501.5
$
6,726.2
$
9,675.1
Of the unrealized capital losses aged more than twelve months, the average market value of the related fixed maturities is 96.9% of the average book value.  In addition, this category includes 761 securities, which have an average quality rating of AA.  No other-than-temporary impairment loss was considered necessary for these fixed maturities as of December 31, 2007.
Other-Than-Temporary Impairments
The following table identifies the Company's other-than-temporary impairments by type for the years ended December 31, 2007, 2006, and 2005.
2007
2006
2005
No.
of
No.
of
No.
of
Impairment
Securities
Impairment
Securities
Impairment
Securities
Limited partnerships
$
3.0
1
$
-
-
$
-
-
U.S. Treasuries
-
-
6.4
4
0.1
2
U.S. corporate
36.3
113
24.4
67
3.9
15
Foreign
19.1
54
4.2
10
0.3
1
Residential mortgage-backed
7.1
30
16.6
76
44.7
82
Other asset-backed
10.5
21
7.0
1
-
-
Equity securities
-
-
0.1
3
-
-
Total
$
76.0
219
$
58.7
161
$
49.0
100
The above schedule includes $16.4, $16.1, and $43.3 for the years ended December 31, 2007, 2006, and 2005, respectively, in other-than-temporary write-downs related to the analysis of credit-risk and the possibility of significant prepayment risk.  The remaining $59.6, $42.6, and $5.7 in write-downs for the years ended December 31, 2007, 2006, and 2005, respectively, are related to investments that the Company does not have the intent to retain for a period of time sufficient to allow for recovery in fair value.  The following table summarizes these write-downs recognized by type for the years ended December 31, 2007, 2006, and 2005.
88
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
2007
2006
2005
No.
of
No.
of
No.
of
Impairment
Securities
Impairment
Securities
Impairment
Securities
U.S. Treasuries
$
-
-
$
6.4
4
$
0.1
2
U.S. corporate
31.6
102
24.4
67
2.3
13
Foreign
19.1
54
4.2
10
-
-
Residential mortgage-backed
2.6
2
0.6
1
3.3
2
Other asset-backed
6.3
16
7.0
1
-
-
Total
$
59.6
174
$
42.6
83
$
5.7
17
The remaining fair value of the fixed maturities with other-than-temporary impairments at December 31, 2007, 2006, and 2005 was $1,210.8, $704.4, and $475.0, respectively.
The Company may sell securities during the period in which fair value has declined below amortized cost for fixed maturities or cost for equity securities.  In certain situations new factors, including changes in the business environment, can change the Company's previous intent to continue holding a security.
Net Investment Income
Sources of Net investment income were as follows for the years ended December 31, 2007, 2006, and 2005.
2007
2006
2005
Fixed maturities, available-for-sale
$
895.5
$
969.0
$
978.9
Equity securities, available-for-sale
38.5
10.5
9.7
Mortgage loans on real estate
118.5
93.6
73.0
Policy loans
14.1
13.2
30.0
Short-term investments and cash equivalents
2.2
2.4
2.7
Other
88.3
44.5
38.7
Gross investment income
1,157.1
1,133.2
1,133.0
Less: investment expenses
102.4
103.5
95.9
Net investment income
$
1,054.7
$
1,029.7
$
1,037.1
Net Realized Capital Gains (Losses)
Net realized capital gains (losses) are comprised of the difference between the amortized cost of investments and proceeds from sale and redemption, as well as losses incurred due to other-than-temporary impairment of investments and changes in fair value of derivatives.  The cost of the investments on disposal is determined based on specific identification of securities.  Net realized capital gains (losses) on investments were as follows for the years ended December 31, 2007, 2006, and 2005.
89
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
2007
2006
2005
Fixed maturities, available-for-sale
$
(50.3)
$
(67.0)
$
1.0
Equity securities, available-for-sale
6.4
9.3
12.4
Derivatives
(123.0)
(3.9)
17.9
Other
(2.6)
-
(0.3)
Less: allocation to experience-rated contracts
161.3
(64.6)
9.0
Net realized capital (loss) gains
$
(8.2)
$
3.0
$
22.0
After-tax net realized capital (loss) gains
$
(5.3)
$
2.0
$
14.3
The increase in Net realized capital losses for the year ended December 31, 2007, was primarily due to realized losses on derivatives, primarily related to losses on interest rate swaps and widening of credit spreads.
Net realized capital gains (losses) allocated to experience-rated contracts were deducted from Net realized capital gains (losses) and an offsetting amount was reflected in Future policy benefits and claim reserves on the Consolidated Balance Sheets. Net unamortized realized capital gains allocated to experienced-rated contractowners were $53.8, $164.5, $240.3, at December 31, 2007, 2006, and 2005, respectively.
Proceeds from the sale of fixed maturities and equity securities, available-for-sale, and the related gross gains and losses, excluding those related to experience-related contracts, were as follows for the years ended December 31, 2007, 2006, and 2005.
2007
2006
2005
Proceeds on sales
$
5,738.8
$
6,481.2
$
10,062.3
Gross gains
66.4
109.0
161.1
Gross losses
(101.2)
110.9
93.9
3.
Financial Instruments
Estimated Fair Value
The following disclosures are made in accordance with the requirements of FAS No. 107, "Disclosures about Fair Value of Financial Instruments" ("FAS No. 107").  FAS No. 107 requires disclosure of fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practicable to estimate that value.  In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques.  Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows.  In that regard, the derived fair value estimates, in many cases, could not be realized in immediate settlement of the instrument.
90
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
FAS No. 107 excludes certain financial instruments, including insurance contracts, and all nonfinancial instruments from its disclosure requirements.  Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company.
The following valuation methods and assumptions were used by the Company in estimating the fair value of the following financial instruments:
Fixed maturities, available-for-sale
:  The fair values for the actively traded marketable bonds are determined based upon the quoted market prices or dealer quotes. The fair values for marketable bonds without an active market are obtained through several commercial pricing services which provide the estimated fair values. Fair values of privately placed bonds are determined using a matrix-based pricing model. The model considers the current level of risk-free interest rates, current corporate spreads, the credit quality of the issuer, and cash flow characteristics of the security.  Also considered are factors such as the net worth of the borrower, the value of collateral, the capital structure of the borrower, the presence of guarantees, and the Company's evaluation of the borrower's ability to compete in their relevant market.  Using this data, the model
generates estimated market values which the Company considers reflective of the fair value of each privately placed bond.
Equity securities, available-for-sale
: Fair values of these securities are based upon quoted market price.  For equity securities not actively traded, estimated fair values are based upon values of issues of comparable yield and quality or conversion price, where applicable.
Mortgage loans on real estate
: The fair values for mortgage loans on real estate are estimated using discounted cash flow analyses and rates currently being offered in the marketplace for similar loans to borrowers with similar credit ratings. Loans with similar characteristics are aggregated for purposes of the calculations.
Cash and cash equivalents, Short-term investments under securities loan agreement, and Policy loans
: The carrying amounts for these assets approximate the assets' fair values.
Assets held in separate accounts
: Assets held in separate accounts are reported at the quoted fair values of the individual securities in the separate accounts.
Investment contract liabilities (included in Future policy benefits and claim reserves)
:
With a fixed maturity
: Fair value is estimated by discounting cash flows at interest rates currently being offered by, or available to, the Company for similar contracts.
Without a fixed maturity
: Fair value is estimated as the amount payable to the contractowner upon demand.  However, the Company has the right under such contracts to delay payment of withdrawals, which may ultimately result in paying an amount different than that determined to be payable on demand.
91
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Other financial instruments reported as assets and liabilities
: The carrying amounts for these financial instruments (primarily derivatives and limited partnerships) approximate the fair values of the assets and liabilities.  Derivatives are carried at fair value, which is determined using the Company's derivative accounting system in conjunction with key financial data from third party sources or through values established by third party brokers, on the Consolidated Balance Sheets.
The carrying values and estimated fair values of certain of the Company's financial instruments were as follows at December 31, 2007 and 2006.
2007
2006
Carrying
Fair
Carrying
Fair
Value
Value
Value
Value
Assets:
Fixed maturities, available-for-sale,
including securities pledged
$
14,250.4
$
14,250.4
$
16,211.7
$
16,211.7
Equity securities, available-for-sale
446.4
446.4
251.7
251.7
Mortgage loans on real estate
2,089.4
2,099.3
1,879.3
1,852.6
Policy loans
273.4
273.4
268.9
268.9
Cash, cash equivalents, and
short-term investments under
securities loan agreement
436.2
436.2
594.3
594.3
Other investments
838.8
838.8
398.9
398.9
Assets held in separate accounts
48,091.2
48,091.2
43,550.8
43,550.8
Liabilities:
Investment contract liabilities:
With a fixed maturity
1,251.1
1,308.7
1,475.1
1,529.2
Without a fixed maturity
13,421.9
13,379.1
14,407.2
14,367.8
Derivatives
200.3
200.3
45.1
45.1
Fair value estimates are made at a specific point in time, based on available market information and judgments about various financial instruments, such as estimates of timing and amounts of future cash flows.  Such estimates do not reflect any premium or discount that could result from offering for sale at one time the Company's entire holdings of a particular financial instrument, nor do they consider the tax impact of the realization of unrealized capital gains (losses).  In many cases, the fair value estimates cannot be substantiated by comparison to independent markets, nor can the disclosed value be realized in immediate settlement of the instruments.  In evaluating the Company's management of interest rate, price, and liquidity risks, the fair values of all assets and liabilities should be taken into consideration, not only those presented above.
92
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Derivative Financial Instruments
Notional
Amount
Fair
Value
2007
2006
2007
2006
Interest
Rate
Swaps
Interest rate swaps are used to manage the interest
rate risk in the Company's fixed maturities portfolio,
as well as the Company's liabilities.  Interest rate
swaps represent contracts that require the exchange
of cash flows at regular interim periods, typically
monthly or quarterly.
$
7,680.0
$
3,277.8
$
(111.6)
$
16.4
Foreign
Exchange
Swaps
Foreign exchange swaps are used to reduce the risk
of a change in the value, yield, or cash flow with
respect to invested assets.  Foreign exchange
swaps represent contracts that require the
exchange of foreign currency cash flows for
U.S. dollar cash flows at regular interim periods,
typically quarterly or semi-annually.
224.5
204.4
(45.3)
(30.9)
Credit
Default
Swaps
Credit default swaps are used to reduce the credit loss
exposure with respect to certain assets that the
Company owns, or to assume credit exposure to
certain assets that the Company does not own.
Payments are made to or received from the
counterparty at specified intervals and amounts
for the purchase or sale of credit protection.
In the event of a default on the underlying credit
exposure, the Company will either receive
an additional payment (purchased credit
protection) or will be required to make an additional
payment (sold credit protection) equal to the notional
value of the swap contract.
335.9
756.8
(8.8)
(2.5)
Total
Return
Swaps
Total return swaps are used to assume credit
exposure to a referenced index or asset pool.
The difference between different floating-rate
interest amounts calculated by reference to an
agreed upon notional principal amount is exchanged
with other parties at specified intervals.
-
139.0
-
0.3
93
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Notional
Amount
Fair
Value
2007
2006
2007
2006
Swaptions
Swaptions are used to manage interest rate risk in the
Company's collateralized mortgage obligation portfolio.
Swaptions are contracts that give the Company the
option to enter into an interest rate swap at a specific
future date.
$
542.3
$
1,112.0
$
0.2
$
5.2
Embedded
Derivatives
The Company also has investments in certain fixed
maturity instruments that contain embedded derivatives
whose market value is at least partially determined by,
among other things, levels of or changes in domestic
and/or foreign interest rates (short- or long-term),
exchange rates, prepayment rates, equity rates, or
credit ratings/spreads.
Within securities
N/A*
N/A*
40.8
(2.7)
Within annuity products
N/A*
N/A*
78.1
-
* N/A - not applicable.
Credit Default Swaps
As of December 31, 2007, the maximum potential future exposure to the Company on the sale of credit protection under credit default swaps was $136.2.
94
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
4.
Deferred Policy Acquisition Costs and Value of Business Acquired
Activity within DAC was as follows for the years ended December 31, 2007, 2006, and 2005.
Balance at January 1, 2005
$
414.5
Prior period adjustment
(1.0)
Balance at January 1, 2005 (restated)
413.5
Deferrals of commissions and expenses
123.1
Amortization:
Amortization
(59.6)
Interest accrued at 5% to 7%
30.7
Net amortization included in the Consolidated Statements of Operations
(28.9)
Change in unrealized capital gains (losses) on available-for-sale securities
3.7
Balance at December 31, 2005
511.4
Deferrals of commissions and expenses
136.0
Amortization:
Amortization
(62.1)
Interest accrued at 6% to 7%
37.5
Net amortization included in the Consolidated Statements of Operations
(24.6)
Change in unrealized capital gains (losses) on available-for-sale securities
(0.2)
Balance at December 31, 2006
622.6
Deferrals of commissions and expenses
147.1
Amortization:
Amortization
(80.9)
Interest accrued at 5% to 7%
44.8
Net amortization included in the Consolidated Statements of Operations
(36.1)
Change in unrealized capital gains (losses) on available-for-sale securities
1.0
Implementation of SOP 05-01
(6.0)
Balance at December 31, 2007
$
728.6
The estimated amount of DAC to be amortized, net of interest, is $45.1, $44.1, $46.0, $42.4, and $42.1, for the years 2008, 2009, 2010, 2011 and 2012, respectively. Actual amortization incurred during these years may vary as assumptions are modified to incorporate actual results.
95
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Activity within VOBA was as follows for the years ended December 31, 2007, 2006, and 2005.
Balance at January 1, 2005
$
1,365.2
Prior period adjustment
(2.7)
Balance at January 1, 2005 (restated)
1,362.5
Deferrals of commissions and expenses
49.3
Amortization:
Amortization
(219.4)
Interest accrued at 5% to 7%
88.4
Net amortization included in the Consolidated Statements of Operations
(131.0)
Change in unrealized capital gains (losses) on available-for-sale securities
10.9
Balance at December 31, 2005
1,291.7
Deferrals of commissions and expenses
46.2
Amortization:
Amortization
(82.4)
Interest accrued at 5% to 7%
85.7
Net amortization included in the Consolidated Statements of Operations
3.3
Change in unrealized capital gains (losses) on available-for-sale securities
(1.0)
Balance at December 31, 2006
1,340.2
Deferrals of commissions and expenses
40.5
Amortization:
Amortization
(177.3)
Interest accrued at 5% to 7%
84.2
Net amortization included in the Consolidated Statements of Operations
(93.1)
Change in unrealized capital gains (losses) on available-for-sale securities
2.9
Implementation of SOP 05-1
(37.3)
Balance at December 31, 2007
$
1,253.2
The estimated amount of VOBA to be amortized, net of interest, is $99.4, $90.8, $88.0, $82.4, and $77.1, for the years 2008, 2009, 2010, 2011, and 2012, respectively. Actual amortization incurred during these years may vary as assumptions are modified to incorporate actual results.
Analysis of DAC and VOBA
The increase in Amortization of DAC and VOBA for the year ended December 31, 2007, was primarily driven by unfavorable unlocking of $131.3 attributable to an increase in actual gross profits related to higher fee income and fixed margins in 2007.  In addition, amortization for the year ended December 31, 2006 was lower due to favorable unlocking, as a result of prospective expense assumption changes.
96
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
The decrease in Amortization of DAC and VOBA in 2006 is primarily driven by favorable unlocking of $83.3, resulting from the refinements of the Company's estimates of persistency, expenses and other assumptions.  In addition, the decrease in amortization reflects lower actual gross profits, primarily due to a legal settlement incurred in 2006.
Amortization of DAC and VOBA increased in 2005 primarily due to increased gross profits, which were driven by higher fixed margins and variable fees because of higher average assets under management ("AUM"), partially offset by higher expenses.  The Company revised long-term separate account return and certain contractowner withdrawal behavior assumptions, as well as reflected current experience during 2005, resulting in a deceleration of amortization of DAC and VOBA of $11.7.
5.
Dividend Restrictions and Shareholder's Equity
ILIAC's ability to pay dividends to its parent is subject to the prior approval of insurance regulatory authorities of the State of Connecticut for payment of any dividend, which, when combined with other dividends paid within the preceding 12 months, exceeds the greater of (1) ten percent (10%) of ILIAC's statutory surplus at the prior year end or (2) ILIAC's prior year statutory net gain from operations.
During 2007, 2006, and 2005, ILIAC paid $145.0, $256.0, and $20.5, respectively, in dividends on its common stock to its parent.
During 2006, Lion contributed to ILIAC DSI, which had $50.5 in equity on the date of contribution and was accounted for in a manner similar to a pooling-of-interests.  During 2007, 2006, and 2005, ILIAC did not receive any cash capital contributions from its parent.
The Insurance Department of the State of Connecticut (the "Department") recognizes as net income and capital and surplus those amounts determined in conformity with statutory accounting practices prescribed or permitted by the Department, which differ in certain respects from accounting principles generally accepted in the United States.  Statutory net income was $245.5, $138.3, and $258.5, for the years ended December 31, 2007, 2006, and 2005, respectively.  Statutory capital and surplus was $1,388.0 and $1,447.5 as of December 31, 2007 and 2006, respectively.
As of December 31, 2007, ILIAC did not utilize any statutory accounting practices that are not prescribed by state regulatory authorities that, individually or in the aggregate, materially affect statutory capital and surplus.
97
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
6.
Additional Insurance Benefits and Maximum Guarantees
The Company calculates an additional liability for certain GMDBs and other minimum guarantees in order to recognize the expected value of these benefits in excess of the projected account balance over the accumulation period based on total expected assessments.
The Company regularly evaluates estimates used to adjust the additional liability balance, with a related charge or credit to benefit expense, if actual experience or other evidence suggests that earlier assumptions should be revised.
As of December 31, 2007, the separate account liability for guaranteed minimum benefits and the additional liability recognized related to minimum guarantees were $7.1 billion and $80.4, respectively.  As of December 31, 2006, the separate account liability for guaranteed minimum benefits and the additional liability recognized related to minimum guarantees were $6.4 billion and $0.7, respectively.
The aggregate fair value of equity securities, including mutual funds, supporting separate accounts with additional insurance benefits and minimum investment return guarantees as of December 31, 2007 and 2006 was $7.1 billion and $6.4 billion, respectively.
7.
Income Taxes
Effective January 1, 2006, ILIAC files a consolidated federal income tax return with ING America Insurance Holdings ("ING AIH") and certain other subsidiaries of ING AIH that are eligible corporations qualified to file consolidated federal income tax returns as part of the ING AIH affiliated group.  Effective January 1, 2006, ILIAC is party to a federal tax allocation agreement with ING AIH and its subsidiaries that are part of the group whereby ING AIH charges its subsidiaries for federal taxes each subsidiary would have incurred were it not a member of the consolidated group and credits each subsidiary for losses at the statutory federal tax rate.  For calendar year 2005, ILIAC filed a consolidated federal income tax return with its (former) subsidiary, ING Insurance Company of America.
2007
2006
2005
Current tax expense (benefit):
Federal
$
28.6
$
23.3
$
4.9
State
(9.0)
20.0
4.9
Total current tax expense
19.6
43.3
9.8
Deferred tax expense:
Federal
36.4
79.4
11.7
Total deferred tax expense
36.4
79.4
11.7
Total income tax expense
$
56.0
$
122.7
$
21.5
98
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Income taxes were different from the amount computed by applying the federal income tax rate to income before income taxes for the following reasons for the years ended December 31, 2007, 2006 and 2005:
2007
2006
2005
Income before income taxes
$
274.4
$
424.5
$
294.2
Tax rate
35.0%
35.0%
35.0%
Income tax at federal statutory rate
96.0
148.6
103.0
Tax effect of:
Dividend received deduction
(26.2)
(36.5)
(25.8)
IRS audit settlement
-
-
(58.2)
State audit settlement
(21.8)
-
-
State tax expense
-
13.0
3.2
Other
8.0
(2.4)
(0.7)
Income tax expense
$
56.0
$
122.7
$
21.5
Temporary Differences
The tax effects of temporary differences that give rise to Deferred tax assets and Deferred tax liabilities at December 31, 2007 and 2006, are presented below.
2007
2006
Deferred tax assets:
Insurance reserves
$
216.6
$
250.3
Net unrealized capital loss
6.4
-
Unrealized losses allocable to experience-rated contracts
5.7
18.3
Investments
6.7
3.5
Postemployment benefits
75.9
74.7
Compensation
27.3
25.1
Other
32.4
19.9
Total gross assets before valuation allowance
371.0
391.8
Less: valuation allowance
(6.4)
-
Assets, net of valuation allowance
364.6
391.8
Deferred tax liabilities:
Value of business acquired
(436.7)
(469.1)
Net unrealized capital gains
-
(15.9)
Deferred policy acquisition costs
(203.8)
(167.9)
Total gross liabilities
(640.5)
(652.9)
Net deferred income tax liability
$
(275.9)
$
(261.1)
Net unrealized capital gains and losses are presented as a component of other comprehensive income (loss) in Shareholder's equity, net of deferred taxes.
99
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Valuation allowances are provided when it is considered unlikely that deferred tax assets will be realized.  As of December 31, 2007, the Company had a $6.4 valuation allowance related to unrealized capital losses on investments, which is included in Accumulated other comprehensive income (loss).  The Company had no valuation allowance as of December 31, 2006.
Tax Sharing Agreement
ILIAC had a payable of $ 56.8 and $ 59.8 to ING AIH at December 31, 2007 and 2006, respectively, for federal income taxes under the inter-company tax sharing agreement.
See Related Party Transactions footnote for more information.
Unrecognized Tax Benefits
As a result of implementing FIN 48, the Company recognized a cumulative effect of change in accounting principle of $2.9 as a reduction to January 1, 2007 Retained earnings (deficit).  In addition, the Company had $68.0 of unrecognized tax benefits as of January 1, 2007, of which $52.1 would affect the Company's effective tax rate if recognized.
A reconciliation of the change in the unrecognized income tax benefits for the year is as follows:
Balance at January 1, 2007
$                 68.0
Additions for tax positions related to current year
2.9
Additions (reductions) for tax positions related to prior years
(23.5)
Balance at December 31, 2007
$                 47.4
The Company had $42.6 of unrecognized tax benefits as of December 31, 2007 that would affect the Company's effective tax rate if recognized.
Interest and Penalties
The Company recognizes accrued interest and penalties related to unrecognized tax benefits in Current income taxes and Income tax expense on the Balance Sheets and Statements of Operations, respectively. The Company had accrued interest of $16.9 as of December 31, 2007.
Regulatory Matters
The Company is under audit by the Internal Revenue Service ("IRS") for tax years 2002 through 2005, and is subject to state audit in New York for years 1995 through 2000.  It is anticipated that the IRS audit of tax years 2002 and 2003 will be finalized within the next twelve months. Upon finalization of the IRS exam, it is reasonably possible that the unrecognized tax benefits will decrease by up to $17.7.  It is also reasonably possible that
100
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
the aforementioned state tax audits may be settled within the next twelve months.   It is reasonably possible that the unrecognized tax benefit on uncertain tax positions related to the New York state tax audit will decrease by up to $11.4.  The timing of the settlement and any potential future payment of the remaining allowance of $18.3 cannot be reliably estimated.
On September 25, 2007, the IRS issued Revenue Ruling 2007-61, which announced its intention to issue regulations with respect to certain computational aspects of the dividend received deduction ("DRD") on separate account assets held in connection with variable annuity and life insurance contracts. Revenue Ruling 2007-61 suspended Revenue Ruling 2007-54 issued in August 2007 that purported to change accepted industry and IRS interpretations of the statutes governing these computational questions. Any regulations that the IRS ultimately proposes for issuance in this area will be subject to public notice and comment, at which time insurance companies and other members of the public will have the opportunity to raise legal and practical questions about the content, scope and application of such regulations. As a result, the ultimate timing, substance, and effective date of any such
regulations are unknown, but they could result in the elimination of some or all of the separate account DRD tax benefit that the Company receives.
Under prior law, life insurance companies were allowed to defer from taxation a portion of income.  Deferred income of $17.2 was accumulated in the Policyholders Surplus Account and would only become taxable under certain conditions, which management believed to be remote.  In 2004, Congress passed the American Jobs Creation Act of 2004 allowing certain tax-free distributions from the Policyholders' Surplus Account during 2005 and 2006.  During 2006, the Company made a dividend distribution of $256.0, which eliminated the $17.2 balance in the Policyholders Surplus Account and, therefore, any potential tax on the accumulated balance.
8.
Benefit Plans
Defined Benefit Plan
ING North America Insurance Corporation ("ING North America") sponsors the ING Americas Retirement Plan (the "Retirement Plan"), effective as of December 31, 2001.  Substantially all employees of ING North America and its affiliates (excluding certain employees) are eligible to participate, including the Company's employees other than Company agents.  The Retirement Plan is a tax-qualified defined benefit plan, the benefits of which are guaranteed (within certain specified legal limits) by the Pension Benefit Guaranty Corporation ("PBGC"). As of January 1, 2002, each participant in the Retirement Plan (except for certain specified employees) earns a benefit under a final average compensation formula. Subsequent to December 31, 2001, ING North America is responsible for all Retirement Plan liabilities. The costs allocated to the Company for its
employees' participation in the Retirement Plan were $17.2, $23.8, and $22.5, for 2007, 2006, and 2005, respectively, and are included in Operating expenses in the Consolidated Statements of Operations.
101
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Defined Contribution Plan
ING North America sponsors the ING Americas Savings Plan and ESOP (the "Savings Plan").  Substantially all employees of ING North America and its affiliates (excluding certain employees, including but not limited to Career Agents) are eligible to participate, including the Company's employees other than Company agents. Career Agents are certain, full-time insurance salespeople who have entered into a career agent agreement with the Company and certain other individuals who meet specified eligibility criteria.  The Savings Plan is a tax-qualified profit sharing and stock bonus plan, which includes an employee stock ownership plan ("ESOP") component. Savings Plan benefits are not guaranteed by the PBGC. The Savings Plan allows eligible
participants to defer into the Savings Plan a specified percentage of eligible compensation
on a pre-tax basis.  ING North America matches such pre-tax contributions, up to a maximum of 6% of eligible compensation.  Matching contributions are subject to a 4-year graded vesting schedule (although certain specified participants are subject to a 5-year graded vesting schedule). All contributions made to the Savings Plan are subject to certain limits imposed by applicable law. Pre-tax charges to operations of the Company for the Savings Plan were $10.1
,
$9.7, and $8.9, for the years ended December 31, 2007, 2006, and 2005, respectively, and are included in Operating expenses in the Consolidated Statements of Operations.
Non-Qualified Retirement Plans
Through December 31, 2001, the Company, in conjunction with ING North America, offered certain eligible employees (other than Career Agents) a Supplemental Executive Retirement Plan and an Excess Plan (collectively, the "SERPs").  Benefit accruals under the SERPs ceased, effective as of December 31, 2001.  Benefits under the SERPs are determined based on an eligible employee's years of service and average annual compensation for the highest five years during the last ten years of employment.
The Company, in conjunction with ING North America, sponsors the Pension Plan for Certain Producers of ING Life Insurance and Annuity Company (formerly the Pension Plan for Certain Producers of Aetna Life Insurance and Annuity Company) (the "Agents Non-Qualified Plan").  This plan covers certain full-time insurance salespeople who have entered into a career agent agreement with the Company and certain other individuals who meet the eligibility criteria specified in the plan ("Career Agents").  The Agents Non-Qualified Plan was terminated effective January 1, 2002. In connection with the termination, all benefit accruals ceased and all accrued benefits were frozen.
102
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
The SERPs and Agents Non-Qualified Plan, are non-qualified defined benefit pension plans, which means all the SERPs benefits are payable from the general assets of the Company and Agents Non-Qualified Plan benefits are payable from the general assets of the Company and ING North America.  These non-qualified defined benefit pension plans are not guaranteed by the PBGC.
Obligations and Funded Status
The following tables summarize the benefit obligations, fair value of plan assets, and funded status, for the SERPs and Agents Non-Qualified Plan, for the years ended December 31, 2007 and 2006.
2007
2006
Change in Projected Benefit Obligation:
Projected benefit obligation, January 1
$
97.7
$
106.8
Interest cost
5.4
5.5
Benefits paid
(9.3)
(8.3)
Actuarial loss on obligation
(8.2)
(6.3)
Projected benefit obligation, December 31
$
85.6
$
97.7
Fair Value of Plan Assets:
Fair value of plan assets, December 31
$
-
$
-
Amounts recognized in the Consolidated Balance Sheets consist of:
2007
2006
Accrued benefit cost
$
(85.6)
$
(97.7)
Intangible assets
-
-
Accumulated other comprehensive income
4.9
14.1
Net amount recognized
$
(80.7)
$
(83.6)
At December 31, 2007 and 2006, the projected benefit obligation was $85.6 and $97.7, respectively.
Assumptions
The weighted-average assumptions used in the measurement of the December 31, 2007 and 2006 benefit obligation for the SERPs and Agents Non-Qualified Plan, were as follows:
2007
2006
Discount rate at beginning of period
5.90%
5.50%
Rate of compensation increase
4.20%
4.00%
103
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
In determining the discount rate assumption, the Company utilizes current market information provided by its plan actuaries (particularly the Citigroup Pension Discount Curve Liability Index), including a discounted cash flow analysis of the Company's pension obligation and general movements in the current market environment.  The discount rate modeling process involves selecting a portfolio of high quality, noncallable bonds that will match the cash flows of the Retirement Plan.  Based upon all available information, it was determined that 6.5% was the appropriate discount rate as of December 31, 2007, to calculate the Company's accrued benefit liability.  Accordingly, as prescribed by SFAS No. 87, "Employers' Accounting for Pensions", the 6.5% discount rate will also be used to determine the Company's 2008 pension expense.  December 31 is the
measurement date for the SERP's and Agents Non-Qualified Plan.
The weighted-average assumptions used in calculating the net pension cost were as follows:
2007
2006
2005
Discount rate
6.50%
5.90%
6.00%
Rate of increase in compensation levels
4.20%
4.00%
4.00%
The weighted average assumptions used in calculating the net pension cost for 2007 were, as indicated above, a 6.5% discount rate and a 4.2% rate of compensation increase.  Since the benefit plans of the Company are unfunded, an assumption for return on plan assets is not required.
Net Periodic Benefit Costs
Net periodic benefit costs for the SERPs and Agents Non-Qualified Plan, for the years ended December 31, 2007, 2006, and 2005, were as follows:
2007
2006
2005
Interest cost
$
5.4
$
5.5
$
6.0
Net actuarial loss recognized in the year
0.7
2.0
1.3
Unrecognized past service cost recognized in the year
-
0.2
0.2
The effect of any curtailment or settlement
0.4
0.4
0.3
Net periodic benefit cost
$
6.5
$
8.1
$
7.8
Cashflows
In 2008, the employer is expected to contribute $5.5 to the SERPs and Agents Non-Qualified Plan.  Future expected benefit payments related to the SERPs, and Agents Non-Qualified Plan, for the years ended December 31, 2008 through 2012, and thereafter through 2017, are estimated to be $5.5, $4.0, $4.0, $4.3, $4.4 and $21.1, respectively.
104
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Other
On October 4, 2004, the President signed into law The Jobs Creation Act ("Jobs Act").  The Jobs Act affects nonqualified deferred compensation plans, such as the Agents Nonqualified Plan.  ING North America will make changes to impacted nonqualified deferred compensation plans, as necessary to comply with the requirements of the Jobs Act.
Stock Option and Share Plans
ING sponsors the ING Group Long Term Equity Ownership Plan ("leo"), which provides employees of the Company who are selected by the ING Board of Directors to be granted options and/or performance shares.  The terms applicable to an award under leo are set out in an award agreement, which is signed by the participant when he or she accepts the award.
Options granted under leo are nonqualified options on ING shares in the form of American Depository Receipts ("ADRs").  Leo options have a ten (10) year term and vest three years from the grant date.  Options awarded under leo may vest earlier in the event of the participant's death, permanent disability or retirement.  Retirement for purposes of leo means a participant terminates service after attaining age 55 and completing 5 years of service.  Early vesting in all or a portion of a grant of options may also occur in the event the participant is terminated due to redundancy or business divestiture.  Unvested options are generally subject to forfeiture when a participant voluntarily terminates employment or is terminated for cause (as defined in leo).  Upon vesting, participants generally have up to seven years in which to exercise their vested options.  A shorter exercise
period applies in the event of termination due to redundancy, business divestiture, voluntary termination or termination for cause.  An option gives the recipient the right to purchase an ING share in the form of ADRs at a price equal to the fair market value of one ING share on the date of grant.  On exercise, participant's have three options (i) retain the shares and remit a check for applicable taxes due on exercise, (ii) request the administrator to remit a cash payment for the value of the options being exercised, less applicable taxes, or (iii) retain some of the shares and have the administrator liquidate sufficient shares to satisfy the participant's tax obligation. The share price is in Euros and converted to U.S. dollars, as determined by ING.
Awards of performance shares may also be made under leo.  Performance shares are a contingent grant of ING stock, and, on vesting, the participant has the right to receive a cash amount equal to the closing price per ING share on the Euronext Amsterdam Stock Market on the vesting date times the number of vested Plan shares.  Performance shares generally vest three years from the date of grant, with the amount payable based on ING's share price on the vesting date.  Payments made to participants on vesting are based on the performance targets established in connection with leo and payments can range from 0% to 200% of target.  Performance is based on ING's total shareholder return relative to a peer group as determined at the end of the vesting period.  To vest, a participant must be actively employed on the vesting date, although vesting will continue
105
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
to occur in the event of the participant's death, disability or retirement.  If a participant is terminated due to redundancy or business divestiture, vesting will occur but in only a portion of the award.  Unvested shares are generally subject to forfeiture when an employee voluntarily terminates employment or is terminated for cause (as defined in leo).  Upon vesting, participants have three options (i) retain the shares and remit a check for applicable taxes due on exercise, (ii) request the administrator to remit a cash payment for the value of the shares, less applicable taxes, or (iii) retain some of the shares and have the administrator liquidate sufficient shares to satisfy the participant's tax obligation.  The amount is converted from Euros to U.S. dollars based on the daily average exchange rate between the Euro and the U.S. dollar, as determined by ING.
The Company recognized compensation expense for the leo options and performance shares of $4.5, $10.1, and $5.6 for the years ended December 31, 2007, 2006, and 2005 respectively.
For leo, the Company recognized tax benefits of $3.2, $0.1, and $0.3 in 2007, 2006, and 2005, respectively.
Other Benefit Plans
In addition, the Company, in conjunction with ING North America, sponsors the following benefit plans:
§
The ING 401(k) Plan for ILIAC Agents, which allows participants to defer a specified percentage of eligible compensation on a pre-tax basis.  Effective January 1, 2006, the Company match equals 60% of a participant's pre-tax deferral contribution, with a maximum of 6% of the participant's eligible pay.
§
The Producers' Incentive Savings Plan, which allows participants to defer up to a specified portion of their eligible compensation on a pre-tax basis.  The Company matches such pre-tax contributions at specified amounts.
§
The Producers' Deferred Compensation Plan, which allows participants to defer up to a specified portion of their eligible compensation on a pre-tax basis.
§
Certain health care and life insurance benefits for retired employees and their eligible dependents. The post retirement health care plan is contributory, with retiree contribution levels adjusted annually. The life insurance plan provides a flat amount of noncontributory coverage and optional contributory coverage.
The benefit charges allocated to the Company related to these plans for the years ended December 31, 2007, 2006, and 2005, were $0.4, $1.4, and $1.3, respectively.
9.
Related Party Transactions
Operating Agreements
ILIAC has certain agreements whereby it generates revenues and expenses with affiliated entities, as follows:
106
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
§
Investment Advisory agreement with ING Investment Management LLC ("IIM"), an affiliate, in which IIM provides asset management, administrative, and accounting services for ILIAC's general account.  ILIAC incurs a fee, which is paid quarterly, based on the value of the assets under management.  For the years ended December 31, 2007, 2006, and 2005, expenses were incurred in the amounts of $60.5, $62.2, and $61.7, respectively.
§
Services agreement with ING North America for administrative, management, financial, and information technology services, dated January 1, 2001 and amended effective January 1, 2002.  For the years ended December 31, 2007, 2006, and 2005, expenses were incurred in the amounts of $167.9, $175.3, and $138.5, respectively.
§
Services agreement between ILIAC and its U.S. insurance company affiliates dated January 1, 2001, and amended effective January 1, 2002 and December 31, 2007.  For the years ended December 31, 2007, 2006, and 2005, net expenses related to the agreement were incurred in the amount of $21.7, $12.4, and $17.8, respectively.
Management and service contracts and all cost sharing arrangements with other affiliated companies are allocated in accordance with the Company's expense and cost allocation methods.
DSL has certain agreements whereby it generates revenues and expenses with affiliated entities, as follows:
§
Underwriting and distribution agreements with ING USA Annuity and Life Insurance Company ("ING USA") and ReliaStar Life Insurance Company of New York ("RLNY"), affiliated companies, whereby DSL serves as the principal underwriter for variable insurance products.  In addition, DSL is authorized to enter into agreements with broker-dealers to distribute the variable insurance products and appoint representatives of the broker-dealers as agents.  For the years ended December 31, 2007, 2006, and 2005, commissions were collected in the amount of  $568.4, $429.2, and $378.1.  Such commissions are, in turn, paid to broker-dealers.
§
Services agreements with ING USA and RLNY, whereby DSL receives managerial and supervisory services and incurs a fee that is calculated as a percentage of average assets of each company's variable separate accounts deposited in ING Investors Trust.  On August 9, 2007, DSL and ING USA entered into an amendment to the service agreement effective July 31, 2007 to modify the method for calculating the compensation owed to ING USA under the service agreement.  As a result of this amendment, DSL pays ING USA the total net revenue associated with ING USA deposits into ING Investors Trust.  For the years ended December 31, 2007, 2006, and 2005, expenses were incurred under these services agreements in the amount of $124.4, $70.8, and $46.3, respectively.
107
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
§
Administrative and advisory services agreements with ING Investment LLC and IIM, affiliated companies, in which DSL receives certain services for a fee. The fee for these services is calculated as a percentage of average assets of ING Investors Trust. For the years ended December 31, 2007, 2006, and 2005, expenses were incurred in the amounts of $13.1, $8.8, and $6.4, respectively.
Investment Advisory and Other Fees
During 2006 and 2005, ILIAC served as investment advisor to certain variable funds offered in Company products (collectively, the "Company Funds").  The Company Funds paid ILIAC, as investment advisor, daily fees that, on an annual basis, ranged, depending on the Fund, from 0.5% to 1.0% of their average daily net assets.  Each of the Company Funds managed by ILIAC were subadvised by investment advisors, in which case ILIAC paid a subadvisory fee to the investment advisors, which included affiliates.  Effective January 1, 2007, ILIAC's investment advisory agreement with the Company Funds was assigned to DSL.  ILIAC is also compensated by the separate accounts for bearing mortality and expense risks pertaining to variable life and annuity contracts.  Under the insurance and annuity contracts, the separate accounts pay ILIAC daily fees that, on an annual basis are, depending
on the product, up to 3.4% of their average daily net assets.  The total amount of compensation and fees received by the Company from the Company Funds and separate accounts totaled $312.7, $289.9, and $263.0, (excludes fees paid to ING Investment Management Co.) in 2007, 2006, and 2005, respectively.
DSL has been retained by ING Investors Trust (the "Trust"), an affiliate, pursuant to a management agreement to provide advisory, management, administrative and other services to the Trust.  Under the management agreement, DSL provides or arranges for the provision of all services necessary for the ordinary operations of the Trust.  DSL earns a monthly fee based on a percentage of average daily net assets of the Trust.  DSL has entered into an administrative services subcontract with ING Fund Services, LLC, an affiliate, pursuant to which ING Fund Services, LLC, provides certain management, administrative and other services to the Trust and is compensated a portion of the fees received by DSL under the management agreement.  For the years ended December 31, 2007, 2006, and 2005, revenue received by DSL under the management agreement (exclusive of fees paid to affiliates) was
$343.8, $233.9, and $174.6, respectively.  At December 31, 2007 and 2006, DSL had $26.7 and $22.1, respectively, receivable from the Trust under the management agreement.
Financing Agreements
ILIAC maintains a reciprocal loan agreement with ING AIH, an affiliate, to facilitate the handling of unanticipated short-term cash requirements that arise in the ordinary course of business.  Under this agreement, which became effective in June 2001 and expires on April 1, 2011, either party can borrow from the other up to 3% of ILIAC's statutory admitted assets as of the preceding December 31.  Interest on any ILIAC borrowing is charged at the rate of ING AIH's cost of funds for the interest period, plus 0.15%.
108
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Interest on any ING AIH borrowings is charged at a rate based on the prevailing interest rate of U.S. commercial paper available for purchase with a similar duration.
Under this agreement, ILIAC incurred interest expense of $3.9, $1.8, and $0.7, for the years ended December 31, 2007, 2006, and 2005, respectively, and earned interest income of $1.7, $3.3, and $1.1, for the years ended December 31, 2007, 2006, and 2005, respectively.  Interest expense and income are included in Interest expense and Net investment income, respectively, on the Consolidated Statements of Operations.  At December 31, 2007, ILIAC had no amount due from ING AIH under the reciprocal loan agreement and $45.0 receivable from ING AIH at December 31, 2006.
Note with Affiliate
On December 29, 2004, ING USA issued a surplus note in the principal amount of $175.0 (the "Note") scheduled to mature on December 29, 2034, to ILIAC, in an offering that was exempt from the registration requirements of the Securities Act of 1933.  ILIAC's $175.0 Note from ING USA bears interest at a rate of 6.26% per year.  Any payment of principal and/or interest is subject to the prior approval of the Iowa Insurance Commissioner.  Interest is scheduled to be paid semi-annually in arrears on June 29 and December 29 of each year, commencing on June 29, 2005.  Interest income for the years ended December 31, 2007 and 2006 was $11.1.
Tax Sharing Agreements
Effective January 1, 2006, ILIAC is a party to a federal tax allocation agreement with ING AIH and its subsidiaries that are part of the ING AIH consolidated group.  Under the federal tax allocation agreement, ING AIH charges its subsidiaries for federal taxes each subsidiary would have incurred were it not a member of the consolidated group and credits each subsidiary for losses at the statutory federal tax rate.
For the years ended December 31, 2006 and 2005, DSI, which merged with and into DSL on December 31, 2006, was party to the ING AIH federal tax allocation agreement, as described above.  Income from DSL, a single member limited liability company, is taxed at the member level (ILIAC).
ILIAC has also entered into a state tax sharing agreement with ING AIH and each of the specific subsidiaries that are parties to the agreement.  The state tax agreement applies to situations in which ING AIH and all or some of the subsidiaries join in the filing of a state or local franchise, income tax, or other tax return on a consolidated, combined, or unitary basis.
109
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
10.
Financing Agreements
ILIAC maintains a $100.0 uncommitted, perpetual revolving note facility with the Bank of New York ("BONY").  Interest on any of ILIAC's borrowing accrues at an annual rate equal to a rate quoted by BONY to ILIAC for the borrowing.  Under this agreement, ILIAC incurred minimal interest expense for the years ended December 31, 2007, 2006, and 2005.  At December 31, 2007 and 2006, ILIAC had no amounts outstanding under the revolving note facility.
ILIAC also maintains a $75.0 uncommitted line-of-credit agreement with PNC Bank ("PNC"), effective December 19, 2005.  Borrowings are guaranteed by ING AIH, with maximum aggregate borrowings outstanding at anytime to ING AIH and its affiliates of $75.0.  Interest on any of ILIAC's borrowing accrues at an annual rate equal to a rate quoted by PNC to ILIAC for the borrowing. Under this agreement, ILIAC incurred minimal interest expense for the years ended December 31, 2007 and 2006. At December 31, 2007 and 2006, ILIAC had no amounts outstanding under the line-of-credit agreement.
ILIAC also maintains $100.0 uncommitted line-of-credit agreement with Svenska Handelsbanken AB (Publ.), effective June 2, 2006. Borrowings are guaranteed by ING AIH, with maximum aggregate borrowings outstanding at anytime to ING AIH and its affiliates of $100.0.  Interest on any of the Company's borrowing accrues at an annual rate equal to the rate quoted by Svenska to the Company for the borrowing. Under this agreement, the Company incurred minimal interest expense for the year ended December 31, 2007.  At December 31, 2007, ILIAC had no amounts outstanding under the line-of-credit agreement.
Also see Financing Agreements in the Related Party Transactions footnote.
11.
Reinsurance
At December 31, 2007, the Company had reinsurance treaties with 8 unaffiliated reinsurers covering a significant portion of the mortality risks and guaranteed death benefits under its variable contracts.  At December 31, 2007, the Company did not have any outstanding cessions under any reinsurance treaties with affiliated reinsurers.  The Company remains liable to the extent its reinsurers do not meet their obligations under the reinsurance agreements.
On, October 1, 1998, the Company disposed of its individual life insurance business under an indemnity reinsurance arrangement with certain subsidiaries of Lincoln for $1.0 billion in cash.  Under the agreement, Lincoln contractually assumed from the Company certain policyholder liabilities and obligations, although the Company remains obligated to contractowners.  Effective March 1, 2007, the reinsurance agreements were assigned to a single subsidiary of Lincoln, and that subsidiary established a trust to secure its obligations to the Company under the reinsurance transaction.
110
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
The Company assumed $25.0 of premium revenue from Aetna Life, for the purchase and administration of a life contingent single premium variable payout annuity contract.  In addition, the Company is also responsible for administering fixed annuity payments that are made to annuitants receiving variable payments.  Reserves of $16.1 and $17.4 were maintained for this contract as of December 31, 2007 and 2006, respectively.
Reinsurance ceded in force for life mortality risks were $20.9 billion and $22.4 billion at December 31, 2007 and 2006, respectively.  At December 31, 2007 and 2006, net receivables were comprised of the following:
2007
2006
Claims recoverable from reinsurers
$
2,595.2
$
2,727.1
Payable for reinsurance premiums
(0.9)
(1.2)
Reinsured amounts due to reinsurer
(5.9)
(0.5)
Reserve credits
0.1
0.8
Other
5.9
(10.8)
Total
$
2,594.4
$
2,715.4
Premiums and Interest credited and other benefits to contractowners were reduced by the following amounts for reinsurance ceded for the years ended December 31, 2007, 2006, and 2005.
2007
2006
2005
Deposits ceded under reinsurance
$
188.5
$
199.0
$
215.5
Premiums ceded under reinsurance
0.4
0.5
0.4
Reinsurance recoveries
419.7
359.0
363.7
12.
Commitments and Contingent Liabilities
Leases
The Company leases certain office space and certain equipment under various operating leases, the longest term of which expires in 2014.
For the years ended December 31, 2007, 2006, and 2005, rent expense for leases was $17.7, $17.8, and $17.4, respectively.  The future net minimum payments under noncancelable leases for the years ended December 31, 2008 through 2012 are estimated to be $4.6, $3.5, $2.4, $1.7, and $0.8, respectively, and $0.5,  thereafter.  The Company pays substantially all expenses associated with its leased and subleased office properties.  Expenses not paid directly by the Company are paid for by an affiliate and allocated back to the Company.
111
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Commitments
Through the normal course of investment operations, the Company commits to either purchase or sell securities, commercial mortgage loans, or money market instruments, at a specified future date and at a specified price or yield. The inability of counterparties to honor these commitments may result in either a higher or lower replacement cost. Also, there is likely to be a change in the value of the securities underlying the commitments.
At December 31, 2007, the Company had off-balance sheet commitments to purchase investments equal to their fair value of $357.8, $226.6 of which was with related parties.  At December 31, 2006, the Company had off-balance sheet commitments to purchase investments equal to their fair value of $706.8, $322.3 of which was with related parties.  During 2007 and 2006, $87.3 and $79.4, respectively, was funded to related parties under off-balance sheet commitments.
Financial Guarantees
The Company owns a 3-year credit-linked note arrangement, whereby the Company will reimburse the guaranteed party upon payment default of the referenced obligation. Upon such default, the Company reimburses the guaranteed party for the loss under the reference obligation, and the Company receives that reference obligation in settlement. The Company can then seek recovery of any losses under the agreement by sale or collection of the received reference obligation. As of December 31, 2007, the maximum liability to the Company under the guarantee was $30.0.
Windsor Property Construction
During the second half of 2006, NWL entered into agreements for site development and facility construction at the Windsor Property (collectively, the "Construction Agreements").  Construction of the Windsor Property is complete, and costs incurred under the Construction Agreements and other agreements associated with the construction, acquisition, and development of the corporate office facility totaled $62.4 and $27.6 for the years ended December 31, 2007 and 2006, respectively.  These costs were capitalized in Property and equipment on the Consolidated Balance Sheets.
Litigation
The Company is involved in threatened or pending lawsuits/arbitrations arising from the normal conduct of business.  Due to the climate in insurance and business litigation/arbitrations, suits against the Company sometimes include claims for substantial compensatory, consequential, or punitive damages, and other types of relief.  Moreover, certain claims are asserted as class actions, purporting to represent a group of similarly situated individuals.  While it is not possible to forecast the outcome of such lawsuits/arbitrations, in light of existing insurance, reinsurance, and established reserves,
112
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
it is the opinion of management that the disposition of such lawsuits/arbitrations will not have a materially adverse effect on the Company's operations or financial position.
Other Regulatory Matters
Regulatory Matters
As with many financial services companies, the Company and its affiliates have received informal and formal requests for information from various state and federal governmental agencies and self-regulatory organizations in connection with inquiries and investigations of the products and practices of the financial services industry.  In each case, the Company and its affiliates have been and are providing full cooperation.
Insurance and Retirement Plan Products and Other Regulatory Matters
Federal and state regulators, and self-regulatory agencies, are conducting broad inquiries and investigations involving the insurance and retirement industries.  These initiatives currently focus on, among other things, compensation, revenue sharing, and other sales incentives; potential conflicts of interest; potential anti-competitive activity; reinsurance; sales and marketing practices (including sales to seniors); specific product types (including group annuities and indexed annuities); and disclosure.  It is likely that the scope of these industry investigations will further broaden before they conclude.  The Company and certain of its U.S. affiliates have received formal and informal requests in connection with such investigations, and are cooperating fully with each request for information.  Some of these matters could result in regulatory action involving the Company.  These
initiatives also may result in new legislation and regulation that could significantly affect the financial services industry, including businesses in which the Company is engaged.  In light of these and other developments, U.S. affiliates of ING, including the Company, periodically review whether modifications to their business practices are appropriate.
Investment Product Regulatory Issues
Since 2002, there has been increased governmental and regulatory activity relating to mutual funds and variable insurance products.  This activity has primarily focused on inappropriate trading of fund shares; directed brokerage; compensation; sales practices, suitability, and supervision; arrangements with service providers; pricing; compliance and controls; adequacy of disclosure; and document retention.
In addition to responding to governmental and regulatory requests on fund trading issues, ING management, on its own initiative, conducted, through special counsel and a national accounting firm, an extensive internal review of mutual fund trading in ING insurance, retirement, and mutual fund products. The goal of this review was to identify any instances of inappropriate trading in those products by third parties or by ING investment professionals and other ING personnel.
113
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
The internal review identified several isolated arrangements allowing third parties to engage in frequent trading of mutual funds within the variable insurance and mutual fund products of certain affiliates of the Company, and identified other circumstances where frequent trading occurred despite measures taken by ING intended to combat market timing. Each of the arrangements has been terminated and disclosed to regulators, to the independent trustees of ING Funds (U.S.) and in Company reports previously filed with the Securities and Exchange Commission ("SEC") pursuant to the Securities Exchange Act of 1934, as amended.
Action may be taken with respect to certain ING affiliates before investigations relating to fund trading are completed.  The potential outcome of such action is difficult to predict but could subject certain affiliates to adverse consequences, including, but not limited to, settlement payments, penalties, and other financial liability.  It is not currently anticipated, however, that the actual outcome of any such action will have a material adverse effect on ING or ING's U.S.-based operations, including the Company.
ING has agreed to indemnify and hold harmless the ING Funds from all damages resulting from wrongful conduct by ING or its employees or from ING's internal investigation, any investigations conducted by any governmental or self-regulatory agencies, litigation or other formal proceedings, including any proceedings by the SEC.  Management reported to the ING Funds Board that ING management believes that the total amount of any indemnification obligations will not be material to ING or ING's U.S.-based operations, including the Company.
114
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
13.
Accumulated Other Comprehensive Income (Loss)
Shareholder's equity included the following components of Accumulated other comprehensive income (loss) as of December 31, 2007, 2006, and 2005.
2007
2006
2005
Net unrealized capital gains (losses):
Fixed maturities, available-for-sale
$
(64.5)
$
(44.6)
$
(18.0)
Equity securities, available-for-sale
6.3
18.1
3.2
DAC/VOBA adjustment on
available-for-sale securities
7.8
3.9
5.1
Sales inducements adjustment on
available-for-sale securities
0.2
0.1
0.1
Premium deficiency reserve adjustment
-
(37.5)
(23.6)
Other investments
(0.7)
0.8
1.2
Less: allocation to experience-rated contracts
(16.4)
(52.4)
(48.6)
Unrealized capital gains (losses), before tax
(34.5)
(6.8)
16.6
Deferred income tax asset (liability)
12.1
2.4
(10.3)
Asset valuation allowance
(6.4)
-
-
Net unrealized capital gains (losses)
(28.8)
(4.4)
6.3
Pension liability, net of tax
(5.0)
(9.6)
(11.6)
Accumulated other comprehensive
(loss) income
$
(33.8)
$
(14.0)
$
(5.3)
Net unrealized capital gains (losses) allocated to experience-rated contracts of $(16.4) and $(52.4) at December 31, 2007 and 2006, respectively, are reflected on the Consolidated Balance Sheets in Future policy benefits and claims reserves and are not included in Shareholder's equity.
115
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
Changes in Accumulated other comprehensive income (loss), net of DAC, VOBA, and tax (excluding the tax valuation allowance), related to changes in unrealized capital gains (losses) on securities, including securities pledged and excluding those related to experience-rated contracts, were as follows for the years ended December 31, 2007, 2006, and 2005.
2007
2006
2005
Fixed maturities, available-for-sale
$
(19.9)
$
(26.6)
$
(500.1)
Equity securities, available-for-sale
(11.8)
14.9
(5.5)
DAC/VOBA adjustment on
available-for-sale securities
3.9
(1.2)
14.6
Sales inducements adjustment on
available-for-sale securities
0.1
-
0.2
Premium deficiency reserve adjustment
37.5
(13.9)
(23.6)
Other investments
(1.5)
(0.4)
(0.1)
Less: allocation to experience-rated contracts
36.0
(3.8)
(406.1)
Unrealized capital gains (losses), before tax
(27.7)
(23.4)
(108.4)
Deferred income tax asset (liability)
9.7
12.7
30.9
Net change in unrealized capital gains (losses)
$
(18.0)
$
(10.7)
$
(77.5)
2007
2006
2005
Net unrealized capital holding gains (losses) arising
during the year
(1)
$
(66.9)
$
(43.6)
$
(38.2)
Less: reclassification adjustment for gains
(losses) and other items included in Net income
(2)
(48.9)
(32.9)
39.3
Net change in unrealized capital gains (losses) on securities
$
(18.0)
$
(10.7)
$
(77.5)
(1)
Pretax unrealized holding gains (losses) arising during the year were $(102.9), $(95.4), and $(53.4), for the years ended December 31, 2007, 2006, and 2005, respectively.
(2)
Pretax reclassification adjustments for gains (losses) and other items included in Net income were $(75.2), $(72.0), and $55.0, for the years ended December 31, 2007, 2006, and 2005, respectively.
116
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Notes to Consolidated Financial Statements
(Dollar amount in millions, unless otherwise stated)
14.
Changes to Prior Years Presentation
During 2007, the Company identified $43.1 in unreconciled net liabilities. While the correction of this error is not material to the prior period financial statements, correction of the error through the current period income statement would be material to the 2007 Statements of Operations.  In accordance with the guidance provided in SEC Staff Accounting Bulletin ("SAB") Topic IN, "Financial Statements - Considering the Effects of Prior Year Misstatements When Quantifying Misstatements in Current Year Financial Statements" ("SAB 108"), the Company has restated the prior period financial statements to correct this error by adjusting January 1, 2005 Retained earnings and December 31, 2006 DAC, VOBA, Future policy benefits and claims reserves, Other liabilities, and Deferred taxes as follows:
Previously
Reported
Adjustment
Restated
January 1, 2005
Retained earnings (net of tax)
$
(1,877.1)
$
28.0
$
(1,849.1)
Total shareholder's equity (net of tax)
2,759.6
28.0
2,787.6
December 31, 2006
Deferred policy acquisition cost
$
623.6
$
(1.0)
$
622.6
Value of business acquired
1,342.9
(2.7)
1,340.2
Total assets
68,486.0
(3.7)
68,482.3
Future policy benefits and claims reserves
$
19,995.8
$
(11.7)
$
19,984.1
Other liabilities
406.2
(35.1)
371.1
Deferred taxes
246.0
15.1
261.1
Total liabilities
65,500.3
(31.7)
65,486.6
117
QUARTERLY DATA (UNAUDITED)
(Dollar amounts in millions, unless otherwise stated)
2007
First
Second
Third
Fourth
Total revenue
$
579.1
$
594.9
$
601.4
$
676.5
Income (loss) before income taxes
100.7
115.8
85.8
(27.9)
Income tax expense (benefit)
28.5
33.6
22.3
(28.4)
Net income
$
72.2
$
82.2
$
63.5
$
0.5
2006
First*
Second*
Third*
Fourth
Total revenue
$
532.5
$
551.2
$
548.5
$
597.7
Income before income taxes
80.4
116.9
84.3
142.9
Income tax expense
21.6
34.2
16.6
50.3
Net income
$
58.8
$
82.7
$
67.7
$
92.6
*Amounts have been restated to reflect the contribution of Directed Services, Inc. on December 1, 2006.  See the "Organization
and Significant Accounting Policies" footnote for further information regarding the contribution.
118
Item 9.
Changes in and Disagreements With Accountants on Accounting and Financial Disclosure
None.
Item 9A.
Controls and Procedures
Evaluation of Disclosure Controls and Procedures
The Company carried out an evaluation, under the supervision and with the participation of its management, including its Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company's disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended ("Exchange Act")) as of the end of the period covered by this report.  Based on that evaluation, the Chief Executive Officer and the Chief Financial Officer have concluded that the Company's current disclosure controls and procedures are effective in ensuring that material information relating to the Company required to be disclosed in the Company's periodic SEC filings is made known to them in a timely manner.
Management's Report on Internal Control Over Financial Reporting
Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) for the Company.  The Company's internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the consolidated financial statements of the Company in accordance with U.S. generally accepted accounting principles.  The Company's internal control over financial reporting includes those policies and procedures that:
§
pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company;
§
provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures are being made only in accordance with authorizations of the Company's management and directors; and
§
provide reasonable assurance regarding the prevention or timely detection of unauthorized acquisition, use, or disposition of assets that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.  Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
119
Management has assessed the effectiveness of the Company's internal control over financial reporting as of December 31, 2007.  In making its assessment, management has used the criteria set forth in "Internal Control – Integrated Framework" issued by the Committee of Sponsoring Organizations of the Treadway Commission.  Based upon its assessment, management has concluded that the Company's internal control over financial reporting was effective as of December 31, 2007.
This annual report does not include an attestation report of the Company's registered public accounting firm regarding internal control over financial reporting.  Management's report was not subject to attestation by the Company's registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit the Company to provide only management's report in this annual report.
Changes in Internal Control Over Financial Reporting
There has not been any change in the internal controls over financial reporting of the Company that occurred during the period covered by this report that has materially affected or is reasonably likely to materially affect these internal controls.
Item 9B.
Other Information
None.
120
PART III
Item 10.
Directors, Executive Officers, and Corporate Governance
Omitted pursuant to General Instruction I(2) of Form 10-K, except with respect to compliance with Sections 406 and 407 of the Sarbanes-Oxley Act of 2002.
a)
Code of Ethics for Financial Professionals
The Company has approved and adopted a Code of Ethics for Financial Professionals (which was filed as Exhibit 14 to the Company's Form 10-K, as filed with the Securities and Exchange Commission on March 29, 2004, File No. 033-23376), pursuant to the requirements of Section 406 of the Sarbanes-Oxley Act of 2002.  Any waiver of the Code of Ethics will be disclosed by the Company by way of a Form 8-K filing.
b)
Designation of Board Financial Expert
The Company has designated David A. Wheat, Director, Executive Vice President and Chief Financial Officer of the Company, as its Board Financial Expert, pursuant to the requirements of Section 407 of the Sarbanes-Oxley Act of 2002.  Because the Company is not subject to the requirements of Exchange Act Rule 10A-3, it does not have any outside directors sitting on its board.
Item 11.
Executive Compensation
Omitted pursuant to General Instruction I(2) of Form 10-K.
Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Omitted pursuant to General Instruction I(2) of Form 10-K.
Item 13.
Certain Relationships, Related Transactions, and Director Independence
Omitted pursuant to General Instruction I(2) of Form 10-K.
121
Item 14.
Principal Accounting Fees and Services
(Dollar amounts in millions, unless otherwise stated)
In 2007 and 2006, Ernst & Young LLP ("Ernst & Young") served as the principal external auditing firm for ING, including ILIAC.  ING subsidiaries, including ILIAC, are allocated Ernst & Young fees attributable to services rendered by Ernst & Young to each subsidiary.  Ernst & Young fees allocated to the Company for the years ended December 31, 2007 and 2006 are detailed below, along with a description of the services rendered by Ernst & Young to the Company.
2007
2006
Audit fees
$
3.3
$
3.7
Audit-related fees
0.2
0.1
Tax fees
-
*
-
*
All other fees
-
*
-
*
$
3.5
$
3.8
*Less than $0.1.
Audit Fees
Fees for audit services include fees associated with professional services rendered by the auditors for the audit of the annual financial statements of the Company and review of the Company's interim financial statements.
Audit-related Fees
Audit-related fees were allocated to ILIAC for assurance and related services that are reasonably related to the performance of the audit or review of the financial statements and are not reported under the audit fee item above.  These services consisted primarily of the audit of SEC product filings.
Tax Fees
There were minimal tax fees allocated to ILIAC in 2007 and 2006.  Tax fees allocated to ILIAC were primarily for tax compliance and accounting for income taxes.  These services consist of tax compliance, including the review of tax disclosures and proper completion of tax forms, assistance with questions regarding tax audits, and tax planning and advisory services relating to common forms of domestic taxation (i.e., income tax and capital tax).
All Other Fees
There were minimal fees allocated to ILIAC in 2007and 2006 under the category "all other fees."  Other fees allocated to ILIAC under this category typically include fees paid for products and services other than the audit fees, audit-related fees, and tax fees described above, and consist primarily of non-recurring support and advisory services.
122
Pre-approval Policies and Procedures
ILIAC has adopted the pre-approval policies and procedures of ING. Audit, audit-related, and non-audit, services provided to the Company by ING's independent auditors are pre-approved by ING's audit committee.  Pursuant to ING's pre-approval policies and procedures, the ING audit committee is required to pre-approve all services provided by ING's independent auditors to ING and its affiliates, including the Company.  The ING pre-approval policies and procedures distinguish five types of services:  (1) audit services, (2) audit-related services, (3) tax services, (4) other services that are not audit, audit-related, tax, or prohibited services, and (5) prohibited services (as described in the Sarbanes-Oxley Act).
The ING pre-approval procedures consist of a general pre-approval procedure and a specific pre-approval procedure.
General Pre-approval Procedure
ING's audit committee pre-approves audit, audit-related, tax, and other, services to be provided by ING's external audit firms on an annual basis.  The audit committee also sets the maximum annual amount for such pre-approved services.  Throughout the year, ING's audit committee receives from ING's external audit firms an overview of all services provided, including related fees and supported by sufficiently detailed information.  ING's audit committee evaluates this overview periodically on a retrospective basis during the year.  Additionally, ING's external audit firms and Corporate Audit Services monitor the amounts paid versus the pre-approved amounts throughout the year.
Specific Pre-approval Procedure
In addition to the general pre-approval procedures, each proposed independent auditor engagement that is expected to generate fees in excess of the pre-approved amounts, must be approved by the audit committee after recommendation of local management on a case-by-case basis.
In 2007 and 2006, 100% of each of the audit-related services, tax services, and all other services were pre-approved by ING's audit committee.
123
PART IV
Item 15.
Exhibits, Financial Statement Schedules
(a)
The following documents are filed as part of this report:
1.
Financial statements. See Item 8. on page 61.
2.
Financial statement schedules.  See Index to Consolidated Financial Statement Schedules on page 125.
3.
Exhibits.  See Exhibit Index on page 130.
124
Index to Consolidated Financial Statement Schedules
Page
Report of Independent Registered Public Accounting Firm
126
I.
Summary of Investments - Other than Investments in Affiliates as of
December 31, 2007
127
IV.
Reinsurance Information as of and for the years ended
December 31, 2007, 2006, and 2005
128
Schedules other than those listed above are omitted because they are not required
or not applicable.
125
Report of Independent Registered Public Accounting Firm
The Board of Directors
ING Life Insurance and Annuity Company
We have audited the consolidated financial statements of ING Life Insurance and Annuity Company as of December 31, 2007 and 2006, and for each of the three years in the period ended December 31, 2007, and have issued our report thereon dated March 25, 2008.  Our audits also included the financial statement schedules listed in Item 15.  These schedules are the responsibility of the Company's management.  Our responsibility is to express an opinion based on our audits.
In our opinion, the financial statement schedules referred to above, when considered in relation to the basic financial statements taken as a whole, present fairly, in all material respects, the information set forth therein.
Ernst & Young LLP
Atlanta, Georgia
March 25, 2008
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Schedule I
Summary of Investments – Other than Investments in Affiliates
As of December 31, 2007
(In millions)
Amount
Shown
on
Consolidated
Type
of
Investments
Cost
Value*
Balance
Sheets
Fixed maturities, available-for-sale:
U.S. Treasuries
$
11.2
$
11.9
$
11.9
U.S. government agencies and authorities
0.6
0.6
0.6
State, municipalities, and political subdivisions
66.1
64.0
64.0
Public utilities securities
1,049.1
1,044.3
1,044.3
Other U.S. corporate securities
3,855.1
3,836.0
3,836.0
Foreign securities
(1)
2,335.1
2,335.2
2,335.2
Residential mortgage-backed securities
4,146.1
4,184.4
4,184.4
Commercial mortgage-backed securities
1,927.3
1,885.7
1,885.7
Other asset-backed securities
924.3
888.3
888.3
Total fixed maturities, available-for-sale, including
securities pledged to creditors
$
14,314.9
$
14,250.4
$
14,250.4
Equity securities, available-for-sale
$
440.1
$
446.4
$
446.4
Mortgage loans on real estate
$
2,089.4
$
2,099.3
$
2,089.4
Policy loans
273.4
273.4
273.4
Other investments
808.4
838.8
838.8
Total investments
$
17,926.2
$
17,908.3
$
17,898.4
*
See Notes 2 and 3 of Notes to Consolidated Financial Statements.
(1)
The term "foreign" includes foreign governments, foreign political subdivisions, foreign public utilities, and all other bonds of foreign issuers. Substantially all of the Company's foreign securities are denominated in U.S. dollars.
127
ING Life Insurance and Annuity Company and Subsidiaries
(A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)
Schedule IV
Reinsurance Information
As of and for the years ended December 31, 2007, 2006, and 2005
(In millions)
Percentage
of
Assumed
Gross
Ceded
Assumed
Net
to
Net
Year
Ended
December
31,
2007
Life insurance in force
$
20,379.0
$
20,938.9
$
559.9
$
-
NM
Premiums:
Life
1.2
-
-
1.2
Accident and health insurance
0.4
0.4
-
-
Annuities
45.4
-
0.2
45.6
Total premiums
$
47.0
$
0.4
$
0.2
$
46.8
Year
Ended
December
31,
2006
Life insurance in force
$
21,844.6
$
22,450.5
$
605.9
$
-
NM
Premiums:
Accident and health insurance
0.5
0.5
-
-
Annuities
37.3
-
0.2
37.5
Total premiums
$
37.8
$
0.5
$
0.2
$
37.5
Year
Ended
December
31,
2005
Life insurance in force
$
24,151.5
$
24,151.5
$
-
$
-
0.0%
Premiums:
Accident and health insurance
0.4
0.4
-
-
Annuities
43.2
-
-
43.2
Total premiums
$
43.6
$
0.4
$
-
$
43.2
NM - Not meaningful
128
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
March 25, 2008
(Date)
ING Life Insurance and Annuity Company
(Registrant)
By: /s/
David A. Wheat
David A. Wheat
Executive Vice President and
Chief Financial Officer
(Duly Authorized Officer and Principal Financial Officer)
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on or before March 25, 2008.
Signatures
Title
/s/
David A. Wheat
Director, Executive Vice President and
David A. Wheat
Chief Financial Officer
/s/
Bridget M. Healy
Director
Bridget M. Healy
/s/
Robert G. Leary
Director
Robert G. Leary
/s/
Thomas J. McInerney
Director and Chairman
Thomas J. McInerney
/s/
Kathleen A. Murphy
Director
Kathleen A. Murphy
/s/
Catherine H. Smith
Director
Catherine H. Smith
/s/
Brian D. Comer
President
Brian D. Comer
/s/
Steven T. Pierson
Senior Vice President and
Steven T. Pierson
Chief Accounting Officer
129
ING LIFE INSURANCE AND ANNUITY COMPANY
FORM 10-K FOR FISCAL YEAR ENDED DECEMBER 31, 2007
Exhibit Index
Exhibit Number
Description of Exhibit
3.1+
Certificate of Incorporation as amended and restated October 1, 2007.
3.2+
Amended and Restated ING Life Insurance and Annuity Company By-Laws, effective October 1, 2007.
4.1
Incorporated by reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 33-75964), as filed on July 29, 1997.
4.2
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-75980), as filed on February 12, 1997.
4.3
Incorporated by reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 33-75964), as filed on February 11, 1997.
4.4
Incorporated by reference to Post-Effective Amendment No. 5 to Registration Statement on Form N-4 (File No. 33-75986), as filed on April 12, 1996.
4.5
Incorporated by reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 4, 1999.
4.6
Incorporated by reference to Post-Effective Amendment No. 4 to Registration Statement on Form N-4 (File No. 33-75988), as filed on April 15, 1996.
4.7
Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 33-81216), as filed on April 17, 1996.
4.8
Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 33-91846), as filed on April 15, 1996.
4.9
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-91846), as filed on August 6, 1996.
4.10
Incorporated by reference to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 21, 1996.
4.11
Incorporated by reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 33-75982), as filed on February 20, 1997.
4.12
Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 33-75992), as filed on February 13, 1997.
4.13
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-75974), as filed on February 28, 1997.
130
4.14
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-75962), as filed on April 17, 1996.
4.15
Incorporated by reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 33-75962), as filed on April 17, 1998.
4.16
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-75982), as filed on April 22, 1996.
4.17
Incorporated by reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 33-75980), as filed on August 19, 1997.
4.18
Incorporated by reference to Registration Statement on Form N-4 (File No. 333-56297), as filed on June 8, 1998.
4.19
Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 33-79122), as filed on August 16, 1995.
4.20
Incorporated by reference to Post-Effective Amendment No. 32 to Registration Statement on Form N-4 (File No. 33-34370), as filed on December 16, 1997.
4.21
Incorporated by reference to Post-Effective Amendment No. 30 to Registration Statement on Form N-4 (File No. 33-34370), as filed on September 29, 1997.
4.22
Incorporated by reference to Post-Effective Amendment No. 26 to Registration Statement on Form N-4 (File No. 33-34370), as filed on February 21, 1997.
4.23
Incorporated by reference to Post-Effective Amendment No. 35 to Registration Statement on Form N-4 (File No. 33-34370), as filed on April 17, 1998.
4.24
Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 33-87932), as filed on September 19, 1995.
4.25
Incorporated by reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 33-79122), as filed on April 17, 1998.
4.26
Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 33-79122), as filed on April 22, 1997.
4.27
Incorporated by reference to Post-Effective Amendment No. 21 to Registration Statement on Form N-4 (File No. 33-75996), as filed on February 16, 2000.
4.28
Incorporated by reference to Post-Effective Amendment No. 13 to Registration Statement on Form N-4 (File No. 333-01107), as filed on April 7, 1999.
4.29
Incorporated by reference to Post-Effective Amendment No. 37 to Registration Statement on Form N-4 (File No. 33-34370), as filed on April 9, 1999.
131
4.30
Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 333-87305), as filed on December 13, 1999.
4.31
Incorporated by reference to Post-Effective Amendment No. 18 to Registration Statement on Form N-4 (File No. 33-56297), as filed on August 30, 2000.
4.32
Incorporated by reference to Post-Effective Amendment No.17 to Registration Statement on Form N-4 (File No. 33-75996), as filed on April 7, 1999.
4.33
Incorporated by reference to Post-Effective Amendment No. 19 to Registration Statement on From N-4 (File No. 333-01107), as filed on February 16, 2000.
4.34
Incorporated by reference to the Registration Statement on Form S-2 (File No. 33- 64331), as filed on November 16, 1995.
4.35
Incorporated by reference to Pre-Effective Amendment No. 2 to the Registration Statement on Form S-2 (File No. 33-64331), as filed on January 17, 1996.
4.36
Incorporated by reference to Post-Effective Amendment No. 30 to Registration Statement on Form N-4 (File No. 33-75988), as filed on December 30, 2003.
4.37
Incorporated by reference to Post-Effective Amendment No. 18 to Registration Statement on Form N-4 (File No. 33-75980), as filed on April 16, 2003.
4.38
Incorporated by reference to Post-Effective Amendment No. 30 to Registration Statement on Form N-4 (File No. 333-01107), as filed on April 10, 2002.
4.39
Incorporated by reference to Post-Effective Amendment No. 24 to Registration Statement on Form N-4 (File No. 33-81216), as filed on April 11, 2003.
4.40
Incorporated by reference to Registration Statement on Form N-4 (File No. 333-109860), as filed on October 21, 2003.
4.41
Incorporated by reference to Post-Effective Amendment No. 39 to Registration Statement on Form N-4 (File No. 33-75962), as filed on December 17, 2004.
4.42
Incorporated by reference to Initial Registration Statement on Form N-4 (File No. 333-130822), as filed on January 3, 2006.
4.43
Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 333-87131), as filed on December 15, 1999.
4.44
Incorporated by reference to Registration Statement on Form N-4 (File No. 33-59749), as filed on June 1, 1995.
4.45
Incorporated by reference to Post-Effective Amendment No. 4 to Registration Statement on Form N-4 (File No. 33-59749), as filed on April 16, 1997.
4.46
Incorporated by reference to Post-Effective Amendment No. 9 to Registration Statement on Form N-4 (File No. 33-80750), as filed on April 17, 1998.
132
4.47
Incorporated by reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 33-80750), as filed on April 23, 1997.
4.48
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-59749), as filed on November 26, 1997.
4.49
Incorporated by reference to Registration Statement on Form S-2 (File No. 33-63657), as filed on October 25, 1995.
4.50
Incorporated by reference to Pre-Effective Amendment No. 3 to Registration Statement on Form S-2 (File No. 33-63657), as filed on January 17, 1996.
4.51
Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form S-2 (File No. 33-63657), as filed on November 24, 1997.
4.52
Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form S-2 (File No. 33-64331), as filed on November 24, 1997.
4.53
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 33-59749), as filed on November 26, 1997.
4.54
Incorporated by reference to Registration Statement on Form N-4 (File No. 33-59749), as filed on June 1, 1995.
4.55
Incorporated by reference to Post-Effective Amendment No. 4 to Registration Statement on Form N-4 (File No. 33-59749), as filed on April 16, 1997.
10.1
Tax Sharing Agreement, dated as of December 13, 2000, among Aetna Inc. renamed Lion, Aetna U.S. Healthcare, Inc. renamed Aetna Inc. and ING America Insurance Holdings, Inc., incorporated by reference to the Company's Form 10-K filed on March 30, 2001 (File No. 33-23376).
10.2
Lease Agreement, dated as of December 13, 2000, by and between Aetna Life Insurance Company and ILIAC, incorporated by reference to the Company's Form 10-K filed on March 30, 2001 (File No. 33-23376).
10.3
Real Estate Services Agreement, dated as of December 13, 2000, between Aetna Inc. and ILIAC, incorporated by reference to the Company's Form 10-K filed on March 30, 2001 (File No. 33-23376).
10.4
Tax Sharing Agreement between ILIAC and ING Insurance Company of America, effective January 1, 2001, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
10.5
Tax Sharing Agreement between ILIAC, ING America Insurance Holdings, Inc. and affiliated companies, effective January 1, 2001, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
133
10.6
Investment Advisory Agreement between ILIAC and ING Investment Management LLC, dated March 31, 2001, as amended effective January 1, 2003, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
10.7
Reciprocal Loan Agreement between ILIAC and ING America Insurance Holdings, Inc., effective June 1, 2001, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
10.8
Services Agreement between ILIAC and the affiliated companies listed in Exhibit B to the Agreement, dated as of January 1, 2001, as amended effective January 1, 2002, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
10.9
Services Agreement between ILIAC and ING North America Insurance Corporation, dated as of January 1, 2001, as amended effective January 1, 2002, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
10.10
Services Agreement between ILIAC and ING Financial Advisers, LLC., effective June 1, 2002, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
10.11
Administrative Services Agreement between ILIAC, ReliaStar Life Insurance Company of New York and the affiliated companies specified in Exhibit A to the Agreement, effective March 1, 2003, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
10.12
First Amendment to the Administrative Services Agreement between ILIAC, RLNY and the affiliated companies specified in Exhibit A to the Agreement, effective as of August 1, 2004, incorporated by reference to the Company's Form 10-K filed on March 31, 2005 (File No. 033-23376).
10.13
Amendment to Investment Advisory Agreement between ILIAC and ING Investment Management LLC, effective October 14, 2003, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
10.14
Surplus Note for $175,000,000 aggregate principal amount, dated December 29, 2004 issued by ING USA Annuity and Life Insurance Company to its affiliate, ILIAC, incorporated by reference to the Company's Form 10-K filed on March 31, 2005 (File No. 033-23376).
10.15
Joinder Number 2006-1 to Tax Sharing Agreement, dated January 20, 2006, between ILIAC and ING America Insurance Holdings, Inc. and its subsidiaries, incorporated by reference to the Company's Form 10-Q filed on May 15, 2006 (File No. 033-23376).
134
10.16
Amendment Number 2006-1 to Services Agreement, dated as of September 11, 2006, between ILIAC and ING North America Insurance Corporation, incorporated by reference to the Company's Form 10-Q filed on November 13, 2006 (File No. 033-22376).
10.17
First Amendment, dated August 14, 2006, to Lease Agreement, dated as of December 13, 2000, between Aetna Life Insurance Company and ILIAC, incorporated by reference to the Company's Form 10-Q filed on November 13, 2006 (File No. 033-23376).
10.18
Second Amendment, dated October 13, 2006, to the Lease Agreement, dated as of December 13, 2000, between Aetna Life Insurance Company and ILIAC, incorporated by reference to the Company's Form 10-K filed on April 2, 2007 (File No. 033-23376).
10.19
Agreement A1A document A111-1997 Standard Form of Agreement between Owner and Contractor, as modified, dated September 6, 2006 between Northfield Windsor LLC and John Moriarty & Associates, Inc., incorporated by reference to the Company's Form 8-K filed on September 11, 2006 (File/Film No. 033-23376/061083829).
10.20
Form of Agreement, titled Assurance of Discontinuance Pursuant to Executive Law Sec. 63(15), between the Attorney General of the State of New York and ING Life Insurance and Annuity Company dated October 10, 2006, incorporated by reference to the Company's Form 8-K filed on October 11, 2006 (File No. 033-23376).
10.21
Form of Agreement, titled Consent Agreement among the State of New Hampshire, Department of State, Bureau of Securities Regulation, ING Life Insurance and Annuity Company, and ING Financial Advisors, LLC dated October 10, 2006, incorporated by reference to the Company's Form 8-K filed on October 11, 2006 (File No. 033-23376).
10.22+
Amendment Number 2007-1 to Reciprocal Loan Agreement, dated as of December 31, 2007, between ILIAC and ING America Insurance Holdings, Inc.
10.23+
Amendment Number 2007-1 to Services Agreement, dated as of December 31, 2007, between ILIAC and affiliated insurance companies listed on Exhibit B to the Agreement.
10.24
Administrative Services Agreement, dated as of October 1, 1998, among Aetna Life Insurance and Annuity Company (nka ILIAC), Aetna Life Insurance Company and The Lincoln National Life Insurance Company, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.25
Administrative Services Agreement, dated as of October 1, 1998, among Aetna Life Insurance and Annuity Company (nka ILIAC), Aetna Life Insurance Company and Lincoln Life & Annuity Company of New York, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
135
10.26
Coinsurance Agreement, dated as of October 1, 1998, between Aetna Life Insurance and Annuity Company (nka ILIAC) and The Lincoln National Life Insurance Company, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.27
Coinsurance Agreement, dated as of October 1, 1998, between Aetna Life Insurance and Annuity Company (nka ILIAC) and Lincoln Life & Annuity Company of New York, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.28
Modified Coinsurance Agreement, dated as of October 1, 1998, between Aetna Life Insurance and Annuity Company (nka ILIAC) and The Lincoln National Life Insurance Company, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.29
Modified Coinsurance Agreement, dated as of October 1, 1998, between Aetna Life Insurance and Annuity Company (nka ILIAC) and Lincoln Life & Annuity Company of New York, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.30
Assignment and Assumption Agreement, dated as of March 19, 2007, effective as of March 1, 2007, between ILIAC, The Lincoln National Life Insurance Company and Lincoln Life & Annuity Company of New York, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.31
Amendment No. 1 to Coinsurance Agreement, effective March 1, 2007, between ILIAC and Lincoln Life & Annuity Company of New York, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.32
Amendment No. 1 to Coinsurance Agreement, effective March 1, 2007, between ILIAC and Lincoln Life & Annuity Company of New York, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.33
Grantor Trust Agreement, dated as of March 19, 2007 and effective as of March 1, 2007, among ILIAC, Lincoln Life & Annuity Company of New York and The Bank of New York, incorporated by reference to the Company's Form 10-Q filed on May 15, 2007 (File No. 033-23376).
10.34
+
Services Agreement, effective as of January 1, 1994 and dated March 7, 1995, as amended March 7, 1995 and as amended July 31, 2007, between Golden American Life Insurance Company (nka ING USA Annuity and Life Insurance Company) & Directed Services Inc. (nka Directed Services LLC).
14.
ING Code of Ethics for Financial Professionals, incorporated by reference to the Company's Form 10-K filed on March 29, 2004 (File No. 033-23376).
31.1
+
Certificate of David A. Wheat pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
136
31.2
+
Certificate of Brian D. Comer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1
+
Certificate of David A. Wheat pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2
+
Certificate of Brian D. Comer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
+
Filed herewith.
137
Exhibit 31.1
CERTIFICATION
I,
David A. Wheat
, certify that:
1.
I have reviewed this annual report on Form 10-K of ING Life Insurance and Annuity Company;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating
to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls
and procedures, as of the end of the period covered by this report based on such evaluation; and
d)
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the
registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.
The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's
auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
registrant's ability to record, process, summarize and report financial information; and
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial
reporting.
Date:
By: /s/
March 25, 2008
David A. Wheat David A. Wheat
Executive Vice President and Chief Financial Officer
(Duly Authorized Officer and Principal Financial Officer)
Exhibit 31.2
CERTIFICATION
I, Brian D. Comer, certify that:
1.
I have reviewed this annual report on Form 10-K of ING Life Insurance and Annuity Company;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating
to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls
and procedures, as of the end of the period covered by this report based on such evaluation; and
d)
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the
registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.
The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's
auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
registrant's ability to record, process, summarize and report financial information; and
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial
reporting.
Date:
By: /s/
March 25, 2008
Brian D. Comer Brian D. Comer President
(Duly Authorized Officer and Principal Officer)
Exhibit 32.1
CERTIFICATION
Pursuant to 18 U.S.C. §1350, the undersigned officer of
ING Life Insurance and Annuity Company
(the "Company") hereby certifies that, to the officer's knowledge, the Company's Annual Report
on Form 10-K for the year ended December 31, 2007 (the "Report") fully complies with the
requirements of Section 13 or 15(d), as applicable, of the Securities Exchange Act of 1934 and
that the information contained in the Report fairly presents, in all material respects, the financial
condition and results of operations of the Company.
March 25, 2008
By: /s/
David A. Wheat
(Date)
David A. Wheat
Executive Vice President and
Chief Financial Officer
Exhibit 32.2
CERTIFICATION
Pursuant to 18 U.S.C. §1350, the undersigned officer of
ING Life Insurance and Annuity Company
(the "Company") hereby certifies that, to the officer's knowledge, the Company's Annual Report
on Form 10-K for the year ended December 31, 2007 (the "Report") fully complies with the
requirements of Section 13 or 15(d), as applicable, of the Securities Exchange Act of 1934 and
that the information contained in the Report fairly presents, in all material respects, the financial
condition and results of operations of the Company.
March 25, 2008
By: /s/
Brian D. Comer
(Date)
Brian D. Comer
President
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 13. Other Expenses of Issuance and Distribution
Not Applicable
Item 14. Indemnification of Directors and Officers
Section 33-779 of the Connecticut General Statutes ("CGS") provides that a corporation may provide indemnification of or advance expenses to a director, officer, employee or agent only as
permitted by Sections 33-770 to 33-778, inclusive, of the Connecticut General Statutes, as amended by Sections 12 to 20, inclusive, of the CGS. Reference is hereby made to Section 33-771(e) of the CGS regarding indemnification of directors and
Section 33-776(d) of CGS regarding indemnification of officers, employees and agents of Connecticut corporations. These statutes provide in general that Connecticut corporations incorporated prior to January 1, 1997 shall, except to the extent that
their certificate of incorporation expressly provides otherwise, indemnify their directors, officers, employees and agents against "liability" (defined as the obligation to pay a judgment, settlement, penalty, fine, including an excise tax assessed
with respect to an employee benefit plan, or reasonable expenses incurred with respect to a proceeding) when (1) a determination is made pursuant to Section 33-775 that the party seeking indemnification has met the standard of conduct set forth in
Section 33-771 or (2) a court has determined that indemnification is appropriate pursuant to Section 33-774. Under Section 33-775, the determination of and the authorization for indemnification are made (a) by two or more disinterested directors, as
defined in Section 33-770(3); (b) by special legal counsel; (c) by the shareholders; or (d) in the case of indemnification of an officer, agent or employee of the corporation, by the general counsel of the corporation or such other officer(s) as the
board of directors may specify. Also, Section 33-772 with Section 33-776 provide that a corporation shall indemnify an individual who was wholly successful on the merits or otherwise against reasonable expenses incurred by him in connection with a
proceeding to which he was a party because he is or was a director, officer, employee, or agent of the corporation. Pursuant to Section 33-771(d), in the case of a proceeding by or in the right of the corporation or with respect to conduct for which
the director, officer, agent or employee was adjudged liable on the basis that he received a financial benefit to which he was not entitled, indemnification is limited to reasonable expenses incurred in connection with the proceeding against the
corporation to which the individual was named a party.
Section 33-777 of the statute does specifically authorize a corporation to procure indemnification insurance on behalf of an individual who was a director, officer, employee or agent of the
corporation. Consistent with the statute, ING Groep N.V. maintains an umbrella insurance policy with an international insurer. The policy covers ING Groep N.V. and any company in which ING Groep N.V. has controlling interest of 50% or more. This
would encompass the principal underwriter as well as the depositor. The policy provides for the following types of coverage: errors and omissions, directors and officers, employment practices, fiduciary and fidelity.
Section 20 of the ING Financial Advisers, LLC Limited Liability Company Agreement executed as of November 28, 2000 provides that ING Financial Advisers, LLC will indemnify certain persons against any loss, damage, claim or expenses (including legal fees) incurred by such person if he is made a party or is threatened to be made a party to a suit or proceeding because he was a member, officer, director, employee or agent of ING Financial Advisers, LLC, as long as he acted in good faith on behalf of ING Financial Advisers, LLC and in a manner reasonably believed to be within the scope of his authority. An additional condition requires that no person shall be entitled to indemnity if his loss, damage, claim or expense was incurred by reason of his gross negligence or willful misconduct. This indemnity provision is authorized by and is consistent with Title 8, Section 145 of the General Corporation Law of the State of Delaware.
Item 15. Recent Sales of Unregistered Securities
Not Applicable
Item 16. Exhibits and Financial Statement Schedules
(a)
Furnish the exhibits as required by Item 601 of Regulation S-K (§229.601):
(3) (a) Restated Certificate of Incorporation (amended and restated as of January 1,
2002) of ING Life Insurance and Annuity Company (formerly Aetna Life Insurance and Annuity Company)
·
Incorporated by reference to ING Life Insurance and Annuity Company annual report on Form 10-K (File No. 033-23376), as filed on March 28, 2002.
(b)
Amended and Restated By-Laws of ING Life Insurance and Annuity Company, effective January 1, 2005
·
Incorporated by reference to the ILIAC 10-Q, as filed on May 13, 2005 (File No. 033-23376, Accession No.
0001047469-05-014783).
(4)
Instruments Defining the Rights of Security Holders
·
Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form S-1 (File No.
033-60477), as filed on April 15, 1996.
(a)
Variable Annuity Contract (G-CDA-HF)
·
Incorporated by reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 033-75964), as filed on July 29, 1997.
(b)
Variable Annuity Contract Certificate (GTCC-HF)
·
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75980), as filed on February 12, 1997.
(c)
Variable Annuity Contract (GIT-CDA-HO)
·
Incorporated by reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.
(d)
Variable Annuity Contract (G-CDA-IA(RP))
·
Incorporated by reference to Post-Effective Amendment No. 5 to the Registration Statement on Form N- 4 (File No. 033-75986), as filed on April 12, 1996.
(e)
Variable Annuity Contract Certificate (GTCC-IA(RP))
·
Incorporated by reference to Post-Effective Amendment No. 11 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 4, 1999.
(f)
Variable Annuity Contract (G-CDA(12/99))
·
Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(g)
Variable Annuity Contract Certificate (C-CDA(12/99))
·
Incorporated by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(h)
Variable Annuity Contract (GLIT-CDA-HO)
·
Incorporated by
reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.
(i)
Variable Annuity Contract (GST-CDA-HO)
·
Incorporated by
reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.
(j)
Variable Annuity Contract (IP-CDA-IB)
·
Incorporated by
reference to Post-Effective Amendment No. 4 to Registration Statement on Form N-4 (File No. 033-75988), as filed on April 15, 1996.
(k)
Variable Annuity Contract (I-CDA-IA(RP))
·
Incorporated by
reference to Post-Effective Amendment No. 5 to the Registration Statement on Form N- 4 (File No. 033-75986), as filed on April 12, 1996.
(l)
Variable Annuity Contract (I-CDA-HD)
·
Incorporated by
reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.
(m)
Variable Annuity Contract (GIH-CDA-HB)
·
Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75980), as filed on February 12, 1997.
(n)
Variable Annuity Contract (IMT-CDA-HO)
·
Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75980), as filed on February 12, 1997.
(o)
Variable Annuity Contract (G-401-IB(X/M))
·
Incorporated by
reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-81216), as filed on April 7, 1996.
(p)
Variable Annuity Contract (G-CDA-IB(XC/SM))
·
Incorporated by
reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-81216), as filed on April 7, 1996.
(q)
Variable Annuity Contracts (G-CDA-IB(ATORP)) and (G-CDA- IB(AORP))
·
Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-91846), as filed on April 15, 1996.
(r)
Variable Annuity Contract (G-CDA-96(TORP))
·
Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-91846), as filed on August 6, 1996.
(s)
Group Combination Annuity Contract (Nonparticipating) (A001RP95)
·
Incorporated by reference to Registration Statement on Form N-4 (File No.
333-01107), as filed on February 21, 1996.
(t)
Group Combination Annuity Contract (Nonparticipating) (A007RC95)
·
Incorporated by reference to Registration Statement on Form N-4 (File No.
333-01107), as filed on February 21, 1996.
(u)
Group Combination Annuity Certificate (Nonparticipating) (A020RV95)
·
Incorporated by reference to Registration Statement on Form N-4 (File No.
333-01107), as filed on February 21, 1996.
(v)
Group Combination Annuity Certificate (Nonparticipating) (A027RV95)
·
Incorporated by reference to Registration Statement on Form N-4 (File No.
333-01107), as filed on February 21, 1996.
(w)
Variable Annuity Contract (GID-CDA-HO)
·
Incorporated by
reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 033-75982), as filed on February 20, 1997.
(x)
Variable Annuity Contract (GSD-CDA-HO)
·
Incorporated by
reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 033-75982), as filed on February 20, 1997.
(y)
Variable Annuity Contract (IST-CDA-HO)
·
Incorporated by
reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 033-75992), as filed on February 13, 1997.
(z)
Variable Annuity Contract (I-CDA-HD(XC))
·
Incorporated by
reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 033-75992), as filed on February 13, 1997.
(aa)
Variable Annuity Contract (HR1O-DUA-GIA)
·
Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75974), as filed on February 28, 1997.
(bb)
Variable Annuity Contract (GA-UPA-GO)
·
Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75974), as filed on February 28, 1997.
(cc)
Variable Annuity Contracts (G-TDA-HH(XC/M)) and (G-TDA-HH(XC/S))
·
Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75962), as filed on April 17, 1996.
(dd)
Variable Annuity Certificate (GTCC-HH(XC/M))
·
Incorporated by
reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 033-75962), as filed on April 17, 1998.
(ee)
Variable Annuity Certificate (GTCC-HH(XC/S))
·
Incorporated by
reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 033-75962), as filed on April 17, 1998.
(ff)
Variable Annuity Contract (IA-CDA-IA)
·
Incorporated by
reference to Post-Effective Amendment No. 14 to Registration Statement on Form N-4 (File No. 033-75964), as filed on July 29, 1997.
(gg)
Variable Annuity Contract (GLID-CDA-HO)
·
Incorporated by
reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 033-75982), as filed on February 20, 1997.
(hh)
Variable Annuity Contract (G-CDA-HD)
·
Incorporated by
reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75982), as filed on April 22, 1996.
(ii)
Variable Annuity Contract Certificate (GTCC-HD)
·
Incorporated
by reference to Post-Effective Amendment No. 11 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 4, 1999.
(jj)
Variable Annuity Contract (G-CDA-IA(RPM/XC))
·
Incorporated by
reference to Post-Effective Amendment No. 12 to the Registration Statement on Form N-4 (File No. 033-75964), as filed on February 11, 1997.
(kk)
Variable Annuity Contracts and Certificate (G-CDA-95(ORP)), (G-CDA-95(TORP)) and (GTCC-95 (ORP))
·
Incorporated by reference to Post-Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-91846), as filed on April 15, 1996.
(ll)
Variable Annuity Contracts and Certificate (G-CDA-ORP), (CDA- IB(TORP)) and (GTCC-95(TORP))
·
Incorporated by reference to Post- Effective Amendment No. 3 to Registration Statement on Form N-4 (File No. 033-91846), as filed on April 15, 1996.
(mm)
Variable Annuity Contract (IRA-CDA-IC)
·
Incorporated by
reference to Post-Effective Amendment No. 5 to the Registration Statement on Form N- 4 (File No. 033-75986), as filed on April 12, 1996.
(nn)
Variable Annuity Contract (GIP-CDA-HB)
·
Incorporated by
reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 033-75980), as filed on August 19, 1997.
(oo)
Variable Annuity Contract (I-CDA-98(ORP))
·
Incorporated by
reference to Post-Effective Amendment No. 11 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 4, 1999.
(pp)
Variable Annuity Contract (G-CDA-99(NY))
·
Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(qq)
Variable Annuity Contract Certificate (C-CDA-99(NY))
·
Incorporated by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(rr)
Variable Annuity Contract Certificate (GDCC-HF)
·
Incorporated
by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(ss)
Variable Annuity Contract Certificate (GDCC-HD)
·
Incorporated
by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(tt)
Variable Annuity Contract (G-CDA-HD(XC)
·
Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(uu)
Variable Annuity Contract Certificate (GDCC-HO)
·
Incorporated
by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(vv)
Variable Annuity Contract Certificate (GDCC-HD(XC))
·
Incorporated by reference to Post-Effective Amendment No. 19 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(ww)
Variable Annuity Contract Certificate (GTCC-HD(XC))
·
Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on
Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(xx)
Variable Annuity Contract Certificate (GTCC-HO)
·
Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on
Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(yy)
Variable Annuity Contract Certificate (GTCC-96(ORP))
·
Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on
Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(zz)
Variable Annuity Contract G-CDA-96(ORP))
·
Incorporated by reference
to Post-Effective Amendment No. 19 to Registration Statement on Form N-
4 (File No. 333-01107), as filed on February 16, 2000.
(a1)
Variable Annuity Contract Certificate (GTCC-96(TORP))
·
Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on
Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(b1)
Variable Annuity Contract Certificate (GTCC-IB(ATORP))
·
Incorporated
by reference to Post-Effective Amendment No. 19 to Registration Statement
on Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(c1)
Variable Annuity Contract Certificate (GTCC-IB(AORP)
·
Incorporated by
reference to Post-Effective Amendment No. 19 to Registration Statement on
Form N-4 (File No. 333-01107), as filed on February 16, 2000.
(d1)
Variable Annuity Contract (ISE-CDA-HO)
·
Incorporated by reference to
Post-Effective Amendment No. 21 to Registration Statement on Form N-4
(File No. 033-75996), as filed on February 16, 2000.
(e1)
Variable Annuity Contract (G-CDA-IB(ORP))
·
Incorporated by reference
to Post-Effective Amendment No. 3 to Registration Statement on Form N-4
(File No. 033-91846), as filed on April 15, 1996.
(f1)
Variable Annuity Contract (G-CDA-IB(TORP))
·
Incorporated by reference
to Post-Effective Amendment No. 3 to Registration Statement on Form N-4
(File No. 033-91846), as filed on April 15, 1996.
(g1)
Variable Annuity Contract (G-CDA-01(NY))
·
Incorporated by reference to
Post-Effective Amendment No. 1 to Registration Statement on Form S-2
(File No. 333-60016), as filed on April 5, 2002.
(h1)
Variable Annuity Contract Certificate (C-CDA-01(NY))
·
Incorporated by
reference to Post-Effective Amendment No. 1 to Registration Statement on
Form S-2 (File No. 333-60016), as filed on April 5, 2002.
(5)
Opinion re Legality
(10)
Material contracts are listed under Item 15 in the Company's Form 10-K for the
fiscal year ended December 31, 2007 (File No. 033-23376), as filed with the
Commission on March 31, 2008. Each of the Exhibits so listed is incorporated by
reference as indicated in the Form 10-K.
(21)
Subsidiaries of the Registrant
·
Incorporated by reference to Registration Statement
on Form S-1 for ING Life Insurance and Annuity Company (File No. 333-130833),
as filed on January 3, 2006.
(23)
(a)
Consent of Independent Registered Public Accounting Firm
(b)
Consent of Legal Counsel (included in Exhibit (5) above)
(24)
(a)
Powers of Attorney
·
Included in signature page of this Registration.
(b)
Certificate of Resolution Authorizing Signature by Power of Attorney
·
Incorporated by reference to Post-Effective Amendment No. 5 to the
Registration Statement on Form N-4 (File No. 033-75986), as filed on April
12, 1996.
Exhibits other than those listed above are omitted because they are not required or are not
applicable.
(b)
ING Life Insurance and Annuity Company Form 10-K for the fiscal year ended
December 31, 2007 is incorporated in Part I within the Prospectus.
Item 17. Undertakings
The undersigned registrant hereby undertakes as follows, pursuant to Item 512 of Regulation S-K:
(a)
Rule 415 offerings:
(1)
To file, during any period in which offers or sales of the registered securities are
being made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities
Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective
date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration
statement; and
(iii)
To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material changes to such information in the registration statement.
(2)
That, for the purpose of determining any liability under the Securities Act of
1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona fide offering
thereof.
(3)
To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the
offering.
(4)
Not Applicable
(5)(i)
Not Applicable
(5)(ii)
That for, the purpose of determining liability under the Securities Act of 1933 to
any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a
registration statement relating to an offering, other than registration statements
relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A
shall be deemed to be part of and included in the registration statement as of the
date it is first used after effectiveness. Provided, however, that no statement
made in a registration statement or prospectus that is part of the registration
statement or made in a document incorporated or deemed incorporated by
reference into the registration statement or prospectus that is part of the
registration statement will, as to a purchaser with a time of contract of sale prior
to such first use, supersede or modify any statement that was made in the
registration statement or prospectus that was part of the registration statement or
made in any such document immediately prior to such date of first use.
(6)
That, for the purpose of determining liability of the registrant under the
Securities Act of 1933 to any purchaser in the initial distribution of the
securities, the undersigned registrant undertakes that in a primary offering of
securities of the undersigned registrant pursuant to this registration statement,
regardless of the underwriting method used to sell the securities to the
purchaser, if the securities are offered or sold to such purchaser by means of any
of the following communications, the undersigned registrant will be a seller to
the purchaser and will be considered to offer or sell such securities to such
purchaser: (i) any preliminary prospectus or prospectus of the undersigned
registrant relating to the offering required to be filed pursuant to Rule 424; (ii)
any free writing prospectus relating to the offering prepared by or on behalf of
the undersigned registrant or used or referred to by the undersigned registrant;
(iii) the portion of any other free writing prospectus relating to the offering
containing material information about the undersigned registrant or its securities
provided by or on behalf of the undersigned registrant; and (iv) any other
communication that is an offer in the offering made by the undersigned
registrant to the purchaser.
(b)
Not Applicable
(c)
Not Applicable
(d)
Not Applicable
(e)
Not Applicable
(f)
Not Applicable
(g)
Not Applicable
(h)
Request for Acceleration of Effective Date:
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may
be permitted to directors, officers and controlling persons of the registrant pursuant to
the foregoing provisions, or otherwise, the registrant has been advised that in the
opinion of the Securities and Exchange Commission such indemnification is against
public policy as expressed in the Act and is, therefore, unenforceable. In the event that
a claim for indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling person of the
registrant in the successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being registered,
the registrant will, unless in the opinion of its counsel the matter has been settled by
controlling precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act and will be
governed by the final adjudication of such issue.
(i)
Not Applicable
(j)
Not Applicable
(k)
Not Applicable
(l)
Not Applicable
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant has duly caused this Registration Statement on Form S-1 to be signed on its behalf by the undersigned, thereunto duly authorized in the Town of Windsor, State of Connecticut, on this 8th day of April
, 2008.
By:
ING LIFE INSURANCE AND ANNUITY
COMPANY
(REGISTRANT)
By:
/s/ Richard T. Mason
Richard T. Mason
President
(principal executive officer)
As required by the Securities Act of 1933, this Registration Statement has been signed by the
following persons in the capacities and on the dates indicated. Each person whose signature appears
below hereby constitutes and appoints J. Neil McMurdie, Julie E. Rockmore, Michael A. Pignatella
and Scott Kreighbaum, and each of them individually, such person's true and lawful attorneys and
agents with full power of substitution and resubstitution for him or her and in his or her name, place
and stead, in any and all capacities, to sign for such person and in such person's name and capacity
indicated below, any and all amendments to this Registration Statement, hereby ratifying and
confirming such person's signatures as it may be signed by said attorneys to any and all amendments
(pre-effective and post-effective amendments).
Signature
Title
Date
/s/ Richard T. Mason
President
)
Richard T. Mason
(principal executive officer)
)
)
/s/ Thomas J. McInerney
Director and Chairman
) April
Thomas J. McInerney
) 8, 2008
)
/s/ Kathleen A. Murphy
Director
)
Kathleen A. Murphy
)
)
/s/ Catherine H. Smith
Director and Senior Vice President
)
Catherine H. Smith
)
)
/s/ Bridget M. Healy
Director
)
Bridget M. Healy
)
)
/s/ Robert G. Leary
Director
)
Robert G. Leary
)
)
/s/ David A. Wheat
Director, Executive Vice President and Chief Financial Officer
David A. Wheat
)
)
/s/ Steven T. Pierson
Senior Vice President and Chief Accounting Officer
)
Steven T. Pierson
)
EXHIBIT INDEX
Exhibit No.
Exhibit
16(5)
Opinion re: Legality
16(23)(a)
Consent of Independent Registered Public Accounting Firm
16(23)(b)
Consent of Legal Counsel
*
16(24)(a)
Powers of Attorney
**
*Included in Exhibit 16(5) above
** Included on signature page of this Registration