----

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|        UNITED      STATES SECURITIES AND EXCHANGE COMMISSIONWASHINGTON,      D.C. 20549                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        FORM      10-Q                                                                                                                                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (Mark      One)                                                                                                                                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|  x                                                                                                                                                                        |  QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 For      the quarterly period ended March 31,      2010                                                                                                                                             OR |   |
|                                                                                                                                                                           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |
|  ¨                                                                                                                                                                   |  TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 For      the transition period from ___________________ to      ____________________                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |
|  Commission      File Number:        333-164981,      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 WayWindsor, 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)                                                                                                   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (Former name, former address and      former fiscal year, if changed since last report)                                                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

| 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    ¨                                             |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Indicate      by check mark whether the registrant (1) has submitted electronically and      posted on its corporate Web site, if any, every Interactive Data File      required to be submitted and posted pursuant to Rule 405 of Regulation S-T      (§232.405 of this chapter) during the preceding 12 months (or for such      shorter period that the registrant was required to submit and post such      files).       Yes     ¨       No    ¨ |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 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            £                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | Accelerated      filer           £ | Non-accelerated      filer     x(Do      not check if a smallerreporting      company) | Smaller      reporting company     £ |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Indicate      by check mark whether the registrant is a shell company (as defined in      Rule 12b-2 of the Exchange Act).             Yes    ¨       No    x                                                                                                                                                                                                                                                                                                         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| APPLICABLE      ONLY TO CORPORATE ISSUERS:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Indicate      the number of shares outstanding of each of the issuer's classes of common      stock, as of the latest practicable date: 55,000 shares of Common Stock,      $50 par value, as of May 7, 2010, are 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 H(1)(a) AND (b) OF FORM 10-Q, THIS FORM IS BEING FILED      WITH THE REDUCED DISCLOSURE FORMAT PURSUANT TO GENERAL INSTRUCTION      H(2).                                                                                                                                                                                                                                                                                                                |

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| ING      Life Insurance and Annuity Company and Subsidiaries(A      wholly-owned subsidiary of Lion Connecticut Holdings Inc.)Form      10-Q for the period ended March 31,2010 |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|               | INDEX                                                                                               |   |
|--------------------|-----------------------------------------------------------------------------------------------------|--------|
|               |                                                                                                |   |
| PART    I.         | FINANCIAL      INFORMATION  (UNAUDITED)                                                   | PAGE   |
|               |                                                                                                |        |
|               |                                                                                                |   |
| Item      1.       | Financial      Statements:                                                                          |   |
|               |                                                                                                |   |
|               | Condensed      Consolidated Statements of Operations                                                | 3      |
|               |                                                                                                |   |
|               | Condensed Consolidated Balance      Sheets                                                          | 4      |
|               |                                                                                                |   |
|               | Condensed      Consolidated Statements of Changes in Shareholder's      Equity                      | 6      |
|               |                                                                                                |   |
|               | Condensed      Consolidated Statements of Cash Flows                                                | 7      |
|               |                                                                                                |   |
|               | Notes to      Condensed Consolidated Financial Statements                                           | 8      |
|               |                                                                                                |   |
|               |                                                                                                |   |
| Item    2.         | Management’s Narrative      Analysis of the Results of Operations andFinancial      Condition | 51     |
|               |                                                                                                |   |
|               |                                                                                                |   |
| Item    4.         | Controls and      Procedures                                                                        | 83     |
|               |                                                                                                |   |
|               |                                                                                                |   |
|               |                                                                                                |   |
| PART      II.      | OTHER      INFORMATION                                                                              |   |
|               |                                                                                                |   |
|               |                                                                                                |   |
| Item      1.       | Legal      Proceedings                                                                              | 84     |
|               |                                                                                                |   |
|               |                                                                                                |   |
| Item      1A.      | Risk      Factors                                                                                   | 84     |
|               |                                                                                                |   |
|               |                                                                                                |   |
| Item      6.       | Exhibits                                                                                            | 87     |
|               |                                                                                                |   |
|               |                                                                                                |   |
| Signature          |                                                                                                | 88     |
|               |                                                                                                |   |
|               |                                                                                                |   |
| Exhibit      Index |                                                                                                | 89     |
|               |                                                                                                |   |

----

| ING Life Insurance and Annuity Company and Subsidiaries                                                                          |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| (A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)                                                                    |   |
|                                                                                                                                                                |   |
|                                                                                                                                                                |   |
|                                                                                                                                                                |   |
| PART I.       FINANCIAL INFORMATION (UNAUDITED)                                                                                                 |   |
|                                                                                                                                                                |   |
| Item 1. Financial Statements                                                                                                                         |   |
|                                                                                                                                                                |   |
| Condensed Consolidated Statements of Operations                                                                                                 |   |
| (Unaudited)                                                                                                                                                         |   |
| (In millions)                                                                                                                                                  |   |
|                                                                                                                                                                |   |
|                                                                                                                                                                |   | Three Months Ended March 31, |   |
|                                                                                                                                                                |   | 2010 |   | 2009 |   |
|                                                                                                                                                                |   |   |   |   |   |   |   |
| Revenues:                                                                                                                                                           |   |   |   |   |   |   |   |
|         Net investment income                                                                                                                   |   | $ | 297.3 |   | $ | 320.4 |   |
|         Fee income                                                                                                                                   |   |   | 141.1 |   |   | 111.4 |   |
|         Premiums                                                                                                                                          |   |   | 8.1 |   |   | 4.8 |   |
|         Broker-dealer commission revenue                                                                                                        |   |   | 58.6 |   |   | 95.7 |   |
|         Net realized capital gains:                                                                                                        |   |   |   |   |   |   |   |
|        Total other-than-temporary impairment losses                                                               |   |   | (34.9 | )  |   | (159.4 | ) |
|        Portion of other-than-temporary impairment                                                                 |   |   |   |   |   |   |   |
|            losses recognized in Other comprehensive      income (loss)              |   |   | 7.7 |   |   | - |   |
|        Net other-than-temporary impairments                                                                            |   |   |   |   |   |   |   |
|            recognized in earnings                                                                  |   |   | (27.2) |   |   | (159.4 | ) |
|        Other net realized capital gains                                                                      |   |   | 40.2 |   |   | 211.9 |   |
|        Total net realized capital gains                                                                      |   |   | 13.0 |   |   | 52.5 |   |
|         Other income                                                                                                                                 |   |   | 2.5 |   |   | 4.1 |   |
| Total revenue                                                                                                                                                  |   |   | 520.6 |   |   | 588.9 |   |
| Benefits and expenses:                                                                                                                                    |   |   |   |   |   |   |   |
|          Interest credited and other benefits       to contractowners                                                  |   |   | 172.5 |   |   | 165.0 |   |
|          Operating expenses                                                                                                                     |   |   | 165.5 |   |   | 144.8 |   |
|          Broker-dealer commission expense                                                                                                  |   |   | 58.6 |   |   | 95.7 |   |
|          Net amortization of deferred policy acquisition costs and value of business acquired |   |   | 18.3 |   |   | 146.8 |   |
|          Interest expense                                                                                                                       |   |   | 0.8 |   |   | 0.3 |   |
| Total benefits and expenses                                                                                                                          |   |   | 415.7 |   |   | 552.6 |   |
| Income before income taxes                                                                                                                           |   |   | 104.9 |   |   | 36.3 |   |
| Income tax expense (benefit)                                                                                                                         |   |   | 14.0 |   |   | (4.0 | ) |
| Net income                                                                                                                                                     |   | $ | 90.9 |   | $ | 40.3 |   |

----

| ING Life Insurance and Annuity Company and Subsidiaries                                                              |
|---------------------------------------------------------------------------------------------------------------------------------------------------------|
| (A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)                                                        |
|                                                                                                                                                    |
| Condensed Consolidated Balance Sheets                                                                                                    |
| (In millions, except share data)                                                                                                    |
|                                                                                                                                                    |
|                                                                                                                                                    |
|                                                                                                                                                    | As of |   | As of |
|                                                                                                                                                    | March 31, |   | December 31, |
|                                                                                                                                                    | 2010 |   | 2009 |
|                                                                                                                                                    | (Unaudited) |   |   |   |
| Assets                                                                                                                                                  |   |   |   |   |   |
| Investments:                                                                                                                                            |   |   |   |   |   |
|          Fixed maturities, available-for-sale, at fair value                                               |   |   |   |   |   |
|         (amortized cost of $14,822.5 at 2010 and $15,038.2 at 2009)                              | $ | 15,240.0 |   | $ | 15,185.5 |
|          Equity securities, available-for-sale, at fair value                                                   |   |   |   |   |   |
|         (cost of $184.9 at 2010 and $175.1 at 2009)                                                   |   | 200.8 |   |   | 187.9 |
|          Short-term investments                                                                                                     |   | 292.4 |   |   | 535.5 |
|          Mortgage loans on real estate                                                                               |   | 1,834.0 |   |   | 1,874.5 |
|          Loan - Dutch State obligation                                                                               |   | 630.8 |   |   | 674.1 |
|          Policy loans                                                                                                               |   | 252.1 |   |   | 254.7 |
|          Limited partnerships/corporations                                                                                          |   | 417.4 |   |   | 426.2 |
|          Derivatives                                                                                                                     |   | 157.0 |   |   | 129.0 |
|          Securities pledged (amortized cost of $360.7 at 2010 and $483.7 at 2009) |   | 363.4 |   |   | 469.8 |
| Total investments                                                                                                                                  |   | 19,387.9 |   |   | 19,737.2 |
| Cash and cash equivalents                                                                                                                |   | 219.3 |   |   | 243.3 |
| Short-term investments under securities loan agreement,      including collateral delivered                          |   | 280.1 |   |   | 351.0 |
| Accrued investment income                                                                                                                     |   | 236.4 |   |   | 217.2 |
| Receivable for securities sold                                                                                                           |   | 36.5 |   |   | 3.1 |
| Reinsurance recoverable                                                                                                                            |   | 2,405.8 |   |   | 2,426.3 |
| Deferred policy acquisition costs                                                                                                        |   | 932.6 |   |   | 901.8 |
| Value of business acquired                                                                                                               |   | 894.4 |   |   | 991.5 |
| Notes receivable from affiliate                                                                                                          |   | 175.0 |   |   | 175.0 |
| Short-term loan to affiliate                                                                                                             |   | 510.8 |   |   | 287.2 |
| Due from affiliates                                                                                                                           |   | 29.7 |   |   | 49.1 |
| Current income tax recoverable                                                                                                           |   | - |   |   | 23.9 |
| Property and equipment                                                                                                                        |   | 89.9 |   |   | 90.8 |
| Other assets                                                                                                                                       |   | 100.7 |   |   | 100.8 |
| Assets held in separate accounts                                                                                                    |   | 43,283.8 |   |   | 41,369.8 |
| Total assets                                                                                                                                       | $ | 68,582.9 |   | $ | 66,968.0 |

----

| ING Life Insurance and Annuity Company and Subsidiaries                   |           |
|--------------------------------------------------------------------------------------------------------------|----------------|
| (A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)             |           |
|                                                                                                         |           |
| Condensed Consolidated Balance Sheets                                                         |           |
| (In millions, except share data)                                                         |           |
|                                                                                                         |           |
|                                                                                                         | As of     |   | As of |   |
|                                                                                                         | March 31, |   | December 31, |   |
|                                                                                                         | 2010           |   | 2009 |   |
|                                                                                                         | (Unaudited)    |   |   |   |
| Liabilities and Shareholder's Equity                                                          |           |   |   |   |
| Future policy benefits and claims reserves                                          | $              | 20,899.7 |   | $ | 21,115.0 |   |
| Payable for securities purchased                                                              |           | 87.3 |   |   | 18.4 |   |
| Payables under securities loan agreement, including collateral held       |           | 285.4 |   |   | 351.0 |   |
| Notes payable                                                                                           |           | 4.9 |   |   | 4.9 |   |
| Due to affiliates                                                                                  |           | 147.6 |   |   | 159.9 |   |
| Current income taxes                                                                               |           | 17.7 |   |   | - |   |
| Deferred income taxes                                                                              |           | 362.0 |   |   | 351.2 |   |
| Other liabilities                                                                                       |           | 587.2 |   |   | 693.7 |   |
| Liabilities related to separate accounts                                                 |           | 43,283.8 |   |   | 41,369.8 |   |
| Total liabilities                                                                                       |           | 65,675.6 |   |   | 64,063.9 |   |
|                                                                                                         |           |   |   |   |   |   |
| 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                                                 |           | 4,325.5 |   |   | 4,528.2 |   |
|          Accumulated other comprehensive income (loss)                    |           | 100.0 |   |   | (15.0 | ) |
|          Retained earnings (deficit)                                                |           | (1,521.0) |   |   | (1,611.9 | ) |
| Total shareholder's equity                                                                         |           | 2,907.3 |   |   | 2,904.1 |   |
| Total liabilities and shareholder's equity                                               | $              | 68,582.9 |   | $ | 66,968.0 |   |
|                                                                                                         |           |   |   |   |   |   |

----

| ING Life Insurance and Annuity Company and Subsidiaries                                                                                   |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| (A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)                                                                             |   |
|                                                                                                                                                                         |   |
| Condensed Consolidated Statements of Changes in Shareholder’s Equity                                                                |   |
| (Unaudited)                                                                                                                                                                  |   |
| (In millions)                                                                                                                                                           |   |
|                                                                                                                                                                         |   |
|                                                                                                                                                                         |   |
|                                                                                                                                                                         |   |   |   |   |   | Accumulated |   |   |   |   |   |   |   |
|                                                                                                                                                                         |   |   | Additional |   |   | Other |   |   | Retained |   |   | Total |   |
|                                                                                                                                                                         | Common |   | Paid-In |   |   | Comprehensive |   |   | Earnings |   |   | Shareholder's |   |
|                                                                                                                                                                         | Stock  |   | Capital |   |   | Income (Loss) |   |   | (Deficit) |   |   | Equity |   |
| Balance at December 31, 2008                                                                                                                             | $      | 2.8 |   | $ | 4,161.3 |   |   | $ | (482.1 | ) |   | $ | (2,117.5 | ) |   | $ | 1,564.5 |   |
|     Comprehensive income:                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|         Net income                                                                                                              |   | - |   |   | - |   |   |   | - |   |   |   | 40.3 |   |   |   | 40.3 |   |
|         Other comprehensive income, net of tax:                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|             Change in net unrealized capital gains                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 (losses) on securities ($38.3 pretax)                    |   | - |   |   | - |   |   |   | 29.9 |   |   |   | - |   |   |   | 29.9 |   |
|             Pension liability ($0.4 pretax)                                                       |   | - |   |   | - |   |   |   | 0.3 |   |   |   | - |   |   |   | 0.3 |   |
|     Total comprehensive income                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 70.5 |   |
|     Contribution of capital                                                                                                                    |   | - |   |   | 365.0 |   |   |   | - |   |   |   | - |   |   |   | 365.0 |   |
|     Employee share-based payments                                                                                                              |   | - |   |   | 0.5 |   |   |   | - |   |   |   | - |   |   |   | 0.5 |   |
| Balance at March 31, 2009                                                                                                                                | $      | 2.8 |   | $ | 4,526.8 |   |   | $ | (451.9 | ) |   | $ | (2,077.2 | ) |   | $ | 2,000.5 |   |
|                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance at December 31, 2009                                                                                                                             | $      | 2.8 |   | $ | 4,528.2 |   |   | $ | (15.0 | ) |   | $ | (1,611.9 | ) |   | $ | 2,904.1 |   |
|     Comprehensive income:                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|         Net income                                                                                                              |   | - |   |   | - |   |   |   | - |   |   |   | 90.9 |   |   |   | 90.9 |   |
|         Other comprehensive income, net of tax:                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                  Change in net unrealized capital gains (losses)                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 on securities ($112.7 pretax), including            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 decrease in tax valuation allowance of $(40.1) |   | - |   |   | - |   |   |   | 117.4 |   |   |   | - |   |   |   | 117.4 |   |
|                  Portion of other-than-temporary impairment                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                      losses recognized in other comprehensive                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 income (loss) ($(7.7) pretax), including                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 increase in tax valuation allowance                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 of $2.5                                                                 |   | - |   |   | - |   |   |   | (7.7 | ) |   |   | - |   |   |   | (7.7 | ) |
|            Change in other-than-temporary impairment                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 losses recognized in other comprehensive                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 income (loss) ($5.3 pretax), including                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 decrease in tax valuation allowance                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                 of $(1.9)                                                               |   | - |   |   | - |   |   |   | 5.3 |   |   |   | - |   |   |   | 5.3 |   |
|     Total comprehensive income                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 205.9 |   |
|     Dividends paid                                                                                                                                  |   | - |   |   | (203.0 | ) |   |   | - |   |   |   | - |   |   |   | (203.0 | ) |
|     Employee share-based payments                                                                                                              |   | - |   |   | 0.3 |   |   |   | - |   |   |   | - |   |   |   | 0.3 |   |
| Balance at March 31, 2010                                                                                                                                | $      | 2.8 |   | $ | 4,325.5 |   |   | $ | 100.0 |   |   | $ | (1,521.0 | ) |   | $ | 2,907.3 |   |
|                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| ING Life Insurance and Annuity Company and Subsidiaries                                   |                                             |
|------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------|
| (A wholly-owned subsidiary of Lion Connecticut Holdings Inc.)                             |                                             |
|                                                                                                                         |                                             |
| Condensed Consolidated Statements of Cash Flows                                                     |                                             |
| (Unaudited)                                                                                                                  |                                             |
| (In millions)                                                                                                           |                                             |
|                                                                                                                         |                                             |
|                                                                                                                         | Three Months Ended March 31, |   |
|                                                                                                                         | 2010                                             |   | 2009 |   |
| Net cash provided by operating activities                                                           | $                                                | 211.1 |   | $ | 369.9 |   |
|                                                                                                                         |                                             |   |   |   |   |   |
| Cash Flows from Investing Activities:                                                                    |                                             |   |   |   |   |   |
|     Proceeds from the sale, maturity, disposal or redemption of: |                                             |   |   |   |   |   |
|        Fixed maturities, available-for-sale                                     |                                             | 1,838.2 |   |   | 1,864.7 |   |
|        Equity securities, available-for-sale                                    |                                             | 5.8 |   |   | 23.6 |   |
|        Mortgage loans on real estate                                  |                                             | 66.0 |   |   | 31.8 |   |
|        Limited partnerships/corporations                                             |                                             | 12.6 |   |   | 12.6 |   |
|        Derivatives                                                                        |                                             | (22.8) |   |   | 22.6 |   |
|    Acquisition of:                                                                                       |                                             |   |   |   |   |   |
|        Fixed maturities, available-for-sale                                     |                                             | (1,486.6) |   |   | (2,092.6 | ) |
|        Equity securities, available-for-sale                                    |                                             | (13.3) |   |   | (12.2 | ) |
|        Mortgage loans on real estate                                  |                                             | (24.9) |   |   | (6.9 | ) |
|        Limited partnerships/corporations                                             |                                             | (13.1) |   |   | (7.4 | ) |
|        Derivatives                                                                        |                                             | (28.0) |   |   | (9.5 | ) |
|     Policy loans, net                                                                          |                                             | 2.6 |   |   | 9.2 |   |
|     Short-term investments, net                                                                |                                             | 243.1 |   |   | (319.1 | ) |
|     Loan-Dutch State obligation, net                                                      |                                             | 43.3 |   |   | - |   |
|     Collateral (delivered) received                                                       |                                             | 5.3 |   |   | 0.5 |   |
|     Purchases of fixed assets, net                                                   |                                             | - |   |   | (2.1 | ) |
| Net cash used in investing activities                                                               |                                             | 628.2 |   |   | (484.8 | ) |
|                                                                                                                         |                                             |   |   |   |   |   |
| Cash Flows from Financing Activities:                                                                    |                                             |   |   |   |   |   |
|     Deposits received for investment contracts                                       |                                             | 429.3 |   |   | 949.5 |   |
|     Maturities and withdrawals from investment contracts                        |                                             | (866.0) |   |   | (585.2 | ) |
|     Short-term loans to affiliates                                                        |                                             | (223.6) |   |   | (623.4 | ) |
|     Short-term repayments of repurchase agreements, net                         |                                             | - |   |   | (53.1 | ) |
|     Dividends to parent                                                                        |                                             | (203.0) |   |   | - |   |
|     Contribution of capital                                                                    |                                             | - |   |   | 365.0 |   |
| Net cash (used in) provided by financing activities                                       |                                             | (863.3) |   |   | 52.8 |   |
| Net decrease in cash and cash equivalents                                                      |                                             | (24.0) |   |   | (62.1 | ) |
| Cash and cash equivalents, beginning of period                                                 |                                             | 243.3 |   |   | 203.5 |   |
| Cash and cash equivalents, end of period                                                       | $                                                | 219.3 |   | $ | 141.4 |   |
|                                                                                                                         |                                             |   |   |   |   |   |

----

----

| 1.   | Organization      and Significant Accounting Policies |
|----------------|-------------------------------------------------------|

----

----

| 2.   | Recently      Adopted Accounting Standards |
|----------------|--------------------------------------------|

----

----

| §   | Significant      transfers in and out of Level 1 and Level 2 fair value measurements and      the reason for the transfers; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------|

| §   | Purchases,      sales, issuances, and settlement, in the Level 3 fair value measurements      reconciliation on a gross basis; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------|

| §   | Fair      value measurement disclosures for each class of assets and liabilities      (i.e., disaggregated); and |
|--------------------|------------------------------------------------------------------------------------------------------------------|

| §   | Valuation      techniques and inputs for both recurring and nonrecurring fair value      measurements that fall in either Level 2 or Level 3 fair value      measurements. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | A      subsidiary or group of assets that is a business or nonprofit      activity; |
|--------------------|-------------------------------------------------------------------------------------|

| §   | A      subsidiary that is a business or nonprofit activity that is transferred to      an equity method investee or joint venture;and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------|

| §   | An      exchange of a group of assets that constitutes a business or nonprofit      activity for a noncontrolling interest in an entity (including an equity      method investee or joint venture). |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| §   | Removes      the quantitative-based assessment for consolidation of VIEs and, instead,      requires a qualitative assessment of whether an entity has the power to      direct the VIE’s activities, and whether the entity has the obligation to      absorb losses or the right to reserve benefits that could be significant      to the VIE; and |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Requires      an ongoing reassessment of whether an entity is the primary beneficiary of      a VIE. |
|--------------------|------------------------------------------------------------------------------------------------------|

| §   | Consider      the transferor’s continuing involvement in assets, limiting the      circumstances in which a financial asset should be derecognized when the      transferor has not transferred the entire asset to an entity that is not      consolidated; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Account      for the transfer as a sale only if an entity transfers an entire financial      asset and surrenders controls, unless the transfer meets the conditions      for a participating interest; and |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Recognize      and initially measure at fair value all assets obtained and liabilities      incurred as a result of a transfer of financial assets accounted for as a      sale. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

| §   | The      period after the balance sheet date during which an entity should evaluate      events or transactions for potential recognition or disclosure in the      financial statements; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | The      circumstances under which an entity should recognize such events or      transactions in its financial statements;and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------|

| §   | Disclosures      regarding such events or transactions and the date through which an entity      has evaluated subsequent events. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------|

| §   | Noncredit      related impairments to be recognized in other comprehensive income (loss),      if management asserts that it does not have the intent to sell the      security and that it is more likely than not that the entity will not have      to sell the security before recovery of the amortized cost      basis; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Total      other-than-temporary impairments (“OTTI”) to be presented in the Statement      of Operations with an offset recognized in Accumulated other comprehensive      income (loss) for the noncredit related  impairments; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | A      cumulative effect adjustment as of the beginning of the period of adoption      to reclassify the noncredit component of a previously recognized      other-than-temporary impairment from Retained earnings (deficit) to      Accumulated other comprehensive income (loss);  and |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Additional      interim disclosures for debt and equity securities regarding types of      securities held, unrealized losses, and other-than-temporary      impairments. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|                                                                           | Change in      |
|--------------------------------------------------------------------------------|---------------------|
|                                                                           | Amortized Cost |
|                                                                           |                |   |
| Fixed maturities:                                                         |                |   |
|         U.S. corporate, state and municipalities | $                   | 47.0 |
|         Foreign                                                      |                | 45.0 |
|         Residential mortgage-backed                             |                | 14.3 |
|         Commercial mortgage-backed                              |                | 88.5 |
|         Other asset-backed                                      |                | 44.0 |
| Total investments, available-for-sale                                | $                   | 238.8 |

----

----

| §   | How      and why derivative instruments areused; |
|--------------------|--------------------------------------------------|

| §   | How      derivative instruments and related hedged items are accounted for under US      GAAP for derivative and hedging activities;and |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| §   | How      derivative instruments and related hedged items affect an entity’s      financial statements. |
|--------------------|--------------------------------------------------------------------------------------------------------------|

| 3.   | New      Accounting Pronouncements |
|----------------|------------------------------------|

----

----

| 4.   | Financial      Instruments |
|----------------|----------------------------|

| §   | Level      1 - Unadjusted quoted prices for identical assets or liabilities in an      active market. |
|--------------------|-------------------------------------------------------------------------------------------------------|

| §   | Level      2 - Quoted prices in markets that are not active or inputs that are      observable either directly or indirectly for substantially the full term      of the asset or liability.  Level 2 inputs include the      following: |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| a)   | Quoted      prices for similar assets or liabilities in active  markets; |
|----------------|--------------------------------------------------------------------------|

| b)   | Quoted      prices for identical or similar assets or liabilities in non-active      markets; |
|----------------|-----------------------------------------------------------------------------------------------|

| c)   | Inputs      other than quoted market prices that are observable;  and |
|----------------|-----------------------------------------------------------------------|

| d)   | Inputs      that are derived principally from or corroborated by observable market      data through correlation or othermeans. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------|

| §   | Level      3 - Prices or valuation techniques that require inputs that are both      unobservable and significant to the overall fair value      measurement.  These valuations, whether derived internally or      obtained from a third party, use critical assumptions that are not widely      available to estimate market participant expectations in valuing the asset      or liability. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

|                                                                                                                                                                                                                                                                                                                                                                              | 2010         |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|
|                                                                                                                                                                                                                                                                                                                                                                              | Level 1 |   | Level 2 |   | Level 3(1) |   | Total |
| Assets:                                                                                                                                                                                                                                                                                                                                                                           |         |   |   |   |   |   |   |
|     Fixed maturities, available-for-sale,                                                                                                                                                                                                                                                                                                      |         |   |   |   |   |   |   |
|         including securities pledged:                                                                                                                                                                                                                                                                                           |         |   |   |   |   |   |   |
|                 U.S. Treasuries                                                                                                                                                                                                                                                                                                 |  $      | 964.5  |   |  $ | 53.7  |   |  $ | -  |   |  $ | 1,018.2  |
|            U.S. government agencies and authorities                                                                                                                                                                                                                                                    |         | - |   |   | 666.3 |   |   | - |   |   | 666.3 |
|            U.S. corporate, state and municipalities                                                                                                                                                                                                                                                    |         | - |   |   | 6,355.0 |   |   | 44.7 |   |   | 6,399.7 |
|            Foreign                                                                                                                                                                                                                                                                                                         |         | - |   |   | 3,761.8 |   |   | 29.8 |   |   | 3,791.6 |
|            Residential mortgage-backed securities                                                                                                                                                                                                                                                                |         | - |   |   | 1,960.6 |   |   | 63.3 |   |   | 2,023.9 |
|            Commercial mortgage-backed securities                                                                                                                                                                                                                                                                 |         | - |   |   | 1,196.8 |   |   | 5.7 |   |   | 1,202.5 |
|            Other asset-backed securities                                                                                                                                                                                                                                                                         |         | - |   |   | 257.9 |   |   | 243.3 |   |   | 501.2 |
|     Equity securities, available-for-sale                                                                                                                                                                                                                                                                                                           |         | 149.4 |   |   | - |   |   | 51.4 |   |   | 200.8 |
|     Derivatives:                                                                                                                                                                                                                                                                                                                                              |         |   |   |   |   |   |   |   |   |   |   |
|         Interest rate contracts                                                                                                                                                                                                                                                                                                 |         | 0.3 |   |   | 153.9 |   |   | - |   |   | 154.2 |
|         Foreign exchange contracts                                                                                                                                                                                                                                                                                              |         | - |   |   | 1.5 |   |   | - |   |   | 1.5 |
|         Credit contracts                                                                                                                                                                                                                                                                                                             |         | - |   |   | 1.3 |   |   | - |   |   | 1.3 |
|     Cash and cash equivalents, short-term                                                                                                                                                                                                                                                                                                 |         |   |   |   |   |   |   |   |   |   |   |
|         investments, and short-term investments                                                                                                                                                                                                                                                                            |         |   |   |   |   |   |   |   |   |   |   |
|         under securities loan agreement                                                                                                                                                                                                                                                                                    |         | 791.8 |   |   | - |   |   | - |   |   | 791.8 |
|     Product guarantees                                                                                                                                                                                                                                                                                                                                   |         | - |   |   | - |   |   | 7.5 |   |   | 7.5 |
|     Assets held in separate accounts                                                                                                                                                                                                                                                                                                      |         | 36,904.8 |   |   | 6,379.0 |   |   | - |   |   | 43,283.8 |
| Total                                                                                                                                                                                                                                                                                                                                                                             | $            | 38,810.8 |   | $ | 20,787.8 |   | $ | 445.7 |   | $ | 60,044.3 |
|                                                                                                                                                                                                                                                                                                                                                                              |         |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                                                                                                                                                                                                                                                                                                                                                                      |         |   |   |   |   |   |   |   |   |   |   |
|     Derivatives:                                                                                                                                                                                                                                                                                                                                              |         |   |   |   |   |   |   |   |   |   |   |
|         Interest rate contracts                                                                                                                                                                                                                                                                                                 | $            | - |   | $ | 215.5 |   | $ | - |   | $ | 215.5 |
|         Foreign exchange contracts                                                                                                                                                                                                                                                                                              |         | - |   |   | 37.3 |   |   | - |   |   | 37.3 |
|         Credit contracts                                                                                                                                                                                                                                                                                                             |         | - |   |   | 4.1 |   |   | 41.0 |   |   | 45.1 |
| Total                                                                                                                                                                                                                                                                                                                                                                             | $            | - |   | $ | 256.9 |   | $ | 41.0 |   | $ | 297.9 |
|  (1)         Level 3 net assets and liabilities accounted for 0.7% of total net assets and liabilities measured at fair value on a recurring basis. Excluding separate accounts assets for                        |
|            which the policyholder bears the risk, the Level 3 net assets and liabilities in relation to total net assets and liabilities measured at fair value on a recurring basis totaled 2.5%. |

----

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 2009         |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                    | Level 1 |   | Level 2 |   | Level 3(1) |   | Total |
| Assets:                                                                                                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |   |   |   |   |
|      Fixed maturities, available-for-sale,                                                                                                                                                                                                                                                                                                                                                                      |         |   |   |   |   |   |   |
|          including securities pledged                                                                                                                                                                                                                                                                                                                                                            | $            | 1,861.8 |   | $ | 12,320.6 |   | $ | 1,472.9 |   | $ | 15,655.3 |
|      Equity securities, available-for-sale                                                                                                                                                                                                                                                                                                                                                                           |         | 148.1 |   |   | - |   |   | 39.8 |   |   | 187.9 |
|      Derivatives                                                                                                                                                                                                                                                                                                                                                                                                               |         | - |   |   | 129.0 |   |   | - |   |   | 129.0 |
|      Cash and cash equivalents, short-term                                                                                                                                                                                                                                                                                                                                                                 |         |   |   |   |   |   |   |   |   |   |   |
|          investments, and short-term investments                                                                                                                                                                                                                                                                                                                                            |         |   |   |   |   |   |   |   |   |   |   |
|          under securities loan agreement                                                                                                                                                                                                                                                                                                                                                    |         | 1,128.0 |   |   | 1.8 |   |   | - |   |   | 1,129.8 |
|       Assets held in separate accounts                                                                                                                                                                                                                                                                                                                                                                |         | 34,936.7 |   |   | 6,433.1 |   |   | - |   |   | 41,369.8 |
| Total                                                                                                                                                                                                                                                                                                                                                                                                                                                   | $            | 38,074.6 |   | $ | 18,884.5 |   | $ | 1,512.7 |   | $ | 58,471.8 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                    |         |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                                                                                                                                                                                                                                                                                                                                                                                                                                            |         |   |   |   |   |   |   |   |   |   |   |
|     Product guarantees                                                                                                                                                                                                                                                                                                                                                                                                         | $            | - |   | $ | - |   | $ | 6.0 |   | $ | 6.0 |
|     Derivatives                                                                                                                                                                                                                                                                                                                                                                                                                     |         | - |   |   | 283.4 |   |   | 48.3 |   |   | 331.7 |
| Total                                                                                                                                                                                                                                                                                                                                                                                                                                                   | $            | - |   | $ | 283.4 |   | $ | 54.3 |   | $ | 337.7 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                          |         |   |   |   |   |   |   |   |   |   |
|  (1)  Level  net assets and liabilities accounted for 2.5% of total net assets and liabilities measured at fair value on a recurring basis. Excluding separate accounts assets for which the policyholder bears the risk, the Level 3 net  |
|             assets and liabilities  in relation to total net assets and liabilities measured      at fair value on a recurring basis totaled 8.7%.                                                                                                                                                                    |

----

----

----

----

----

----

----

----

----

----

----

----

|                                                                                    |   | 2010     |     |   | 2009   |
|-----------------------------------------------------------------------------------------|--------|----------|----------|--------|--------|
|                                                                                    |   | Carrying |     |   | Fair   |   |   | Carrying |   |   | Fair |
|                                                                                    |   | Value    |     |   | Value  |   |   | Value |   |   | Value |
| Assets:                                                                                 |   |     |     |   |   |   |   |   |   |   |   |   |   |   |   |
|     Fixed maturities, available-for-sale,                 |   |     |     |   |   |   |   |   |   |   |   |   |   |   |   |
|         including securities pledged  |   | $        | 15,603.4 |   |   | $ | 15,603.4 |   |   | $ | 15,655.3 |   |   | $ | 15,655.3 |
|     Equity securities, available-for-sale                 |   |     | 200.8    |   |   |   | 200.8 |   |   |   | 187.9 |   |   |   | 187.9 |
|     Mortgage loans on real estate               |   |     | 1,834.0  |   |   |   | 1,785.0 |   |   |   | 1,874.5 |   |   |   | 1,792.8 |
|     Loan-Dutch State obligation                           |   |     | 630.8    |   |   |   | 615.1 |   |   |   | 674.1 |   |   |   | 645.5 |
|     Policy loans                                               |   |     | 252.1    |   |   |   | 252.1 |   |   |   | 254.7 |   |   |   | 254.7 |
|     Cash, cash equivalents, short-term          |   |     |     |   |   |   |   |   |   |   |   |   |   |   |   |
|         investments, and short-term   |   |     |     |   |   |   |   |   |   |   |   |   |   |   |   |
|         investments under securities  |   |     |     |   |   |   |   |   |   |   |   |   |   |   |   |
|         loan agreement                     |   |     | 791.8    |   |   |   | 791.8 |   |   |   | 1,129.8 |   |   |   | 1,129.8 |
|     Derivatives                                                     |   |     | 157.0    |   |   |   | 157.0 |   |   |   | 129.0 |   |   |   | 129.0 |
|     Notes receivable from affiliates                 |   |     | 175.0    |   |   |   | 171.1 |   |   |   | 175.0 |   |   |   | 169.6 |
|     Product guarantees                                         |   |     | 7.5      |   |   |   | 7.5 |   |   |   | - |   |   |   | - |
|     Assets held in separate accounts            |   |     | 43,283.8 |   |   |   | 43,283.8 |   |   |   | 41,369.8 |   |   |   | 41,369.8 |
| Liabilities:                                                                            |   |     |     |   |   |   |   |   |   |   |   |   |   |   |   |
|     Investment contract liabilities:                      |   |     |     |   |   |   |   |   |   |   |   |   |   |   |   |
|         With a fixed maturity    |   |     | 1,271.6  |   |   |   | 1,390.2 |   |   |   | 1,359.0 |   |   |   | 1,450.4 |
|         Without a fixed maturity |   |     | 16,206.2 |   |   |   | 17,587.1 |   |   |   | 16,441.2 |   |   |   | 17,688.4 |
|     Product guarantees                                         |   |     | -        |   |   |   | - |   |   |   | 6.0 |   |   |   | 6.0 |
|     Derivatives                                                     |   |     | 297.9    |   |   |   | 297.9 |   |   |   | 331.7 |   |   |   | 331.7 |

----

----

----

----

|                                                                                 |   | Three Months Ended March 31, 2010 |    |
|--------------------------------------------------------------------------------------|--------|------------------------------------------------------------|---------|
|                                                                                 |   | Fair Value                                            |    | Total realized/unrealized |   |   | Purchases, |   |
|                                                                                 |   | as of                                                 |    | gains (losses)      included in: |   |   |  issuances, and |   |
|                                                                                 |   | January 1                                             |    | Net income |   |   | OCI |   |   | settlements |   |
| Fixed maturities, available for sale,                            |   |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |
|     including securities pledged:                      |   |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |
|     U.S. corporate, state and municipalities |   | $                                                          | -       |   | $ | - |   |   | $ | 0.2 |   |   | $ | 37.4 |   |
|     Foreign                                                      |   |                                                       | -       |   |   | - |   |   |   | - |   |   |   | 24.1 |   |
|     Residential mortgage-backed securities             |   |                                                       | 1,284.1 |   |   | (6.3) |   |   |   | 1.0 |   |   |   | 10.2 |   |
|     Commercial mortgage-backed securities              |   |                                                       | -       |   |   | - |   |   |   | - |   |   |   | - |   |
|     Other asset-backed securities                      |   |                                                       | 188.8   |   |   | (6.9) |   |   |   | 19.7 |   |   |   | (10.6 | ) |
|                                                                                 |   |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Total Fixed maturities, available for sale,                 |   |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |
|     including securities pledged                       |   |                                                       | 1,472.9 |   |   | (13.2) |   |   |   | 20.9 |   |   |   | 61.1 |   |
|                                                                                 |   |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity securities, available for sale                            |   |                                                       | 39.8    |   |   | - |   |   |   | (0.2 | ) |   |   | 11.8 |   |
|                                                                                 |   |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Derivatives                                                                          |   |                                                       | (48.3)  |   |   | 0.6 |   |   |   | - |   |   |   | 6.7 |   |
|                                                                                 |   |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |
| Product guarantees                                                              |   |                                                       | (6.0)   |   |   | 15.1 | (1) |   |   | - |   |   |   | (1.6 | ) |

|                                                                                 |   |            |   |   |            |   |     |            |   |   | Change in         |   |
|--------------------------------------------------------------------------------------|--------|-----------------|--------|--------|-----------------|--------|----------|-----------------|--------|--------|------------------------|--------|
|                                                                                 |   | Transfers       |   |   | Transfers       |   |     | Fair Value |   |   | unrealized gains  |   |
|                                                                                 |   | in to      |   |   | out of     |   |     | as of      |   |   | (losses) included |   |
|                                                                                 |   | Level 3(2) |   |   | Level 3(2) |   |     | March 31   |   |   | in earnings(3)    |   |
| Fixed maturities, available for sale,                            |   |            |   |   |            |   |     |            |   |   |                   |   |   |   |   |   |
|     including securities pledged:                      |   |            |   |   |            |   |     |            |   |   |                   |   |   |   |   |   |
|     U.S. corporate, state and municipalities |   | $               | 7.1    |   |            | $      | -        |            |   | $      | 44.7                   |   |   | $ | - |   |
|     Foreign                                                      |   |            | 5.7    |   |            |   | -        |            |   |   | 29.8                   |   |   |   | - |   |
|     Residential mortgage-backed securities             |   |            | 0.8    |   |            |   | (1,226.5 | )               |   |   | 63.3                   |   |   |   | (7.1 | ) |
|     Commercial mortgage-backed securities              |   |            | 5.7    |   |            |   | -        |            |   |   | 5.7                    |   |   |   | - |   |
|     Other asset-backed securities                      |   |            | 52.3   |   |            |   | -        |            |   |   | 243.3                  |   |   |   | (6.3 | ) |
|                                                                                 |   |            |   |   |            |   |     |            |   |   |                   |   |   |   |   |   |
| Total Fixed maturities, available for sale,                 |   |            |   |   |            |   |     |            |   |   |                   |   |   |   |   |   |
|     including securities pledged                       |   |            | 71.6   |   |            |   | (1,226.5 | )               |   |   | 386.8                  |   |   |   | (13.4 | ) |
|                                                                                 |   |            |   |   |            |   |     |            |   |   |                   |   |   |   |   |   |
| Equity securities, available for sale                            |   |            | -      |   |            |   | -        |            |   |   | 51.4                   |   |   |   | - |   |
|                                                                                 |   |            |   |   |            |   |     |            |   |   |                   |   |   |   |   |   |
| Derivatives                                                                          |   |            | -      |   |            |   | -        |            |   |   | (41.0                  | )      |   |   | - |   |
|                                                                                 |   |            |   |   |            |   |     |            |   |   |                   |   |   |   |   |   |
| Product guarantees                                                              |   |            | -      |   |            |   | -        |            |   |   | 7.5                    |   |   |   | - |   |

| (1)    | This amount is included in Interest credited and other benefits to contractowners on the Condensed Consolidated Statements of  Operations.All gains and losses on Level 3 liabilities are classified as realized gains (losses) for the purpose of this disclosure because it is impracticable to track realized and unrealized gains (losses)  |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | separately on a contract-by-contract basis.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| (2)    | The Company's policy is to recognize transfers in and transfers out as of the beginning of the reporting period.                                                                                                                                                                                                                                                                                                                                                                                                |
| (3)    | For financial instruments still held as of March 31.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

----

----

|                                                                                               | Three Months Ended March 31, 2009 |    |
|----------------------------------------------------------------------------------------------------|------------------------------------------------------------|---------|
|                                                                                               | Fair Value                                            |    |   | Total realized/ | unrealized |   | Purchases, |   |   | Transfers |   | Fair Value |   |
|                                                                                               | as of                                                 |    |   |  gains (losses) |  included in: |   | issuances, and |   |   | in to |   | as of |   |
|                                                                                               | January 1                                             |    |   | Net income |   |   | OCI |   | settlements |   |   | Level 3(2) |   | March 31 |   |
|  Fixed      maturities, available for sale,      including  securities pledged | $                                                          | 2,291.6 |   |   | $ | 196.1 |   |   | $ | 243.0 |   | $ | (1,106.2 | ) |   | $ | 316.2 |   | $ | 1,940.7 |   |
|                                                                                               |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Derivatives                                                                                        |                                                       | (73.6   | ) |   |   | (1.2) |   |   |   | - |   |   | (0.2 | ) |   |   | - |   |   | (75.0 | ) |
|                                                                                               |                                                       |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Product guarantees                                                                            |                                                       | (220.0  | ) |   |   | 26.2 | (1) |   |   | - |   |   | (1.2 | ) |   |   | - |   |   | (195.0 | ) |

| (1)    | This amount is included in Interest credited and other benefits to contractowners on the Condensed Consolidated Statements of  Operations.All gains and losses on Level 3 liabilities are classified as realized gains (losses) for the purpose of this disclosure because it is impracticable to track realized and unrealized gains (losses)  |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | gains (losses) separately on a contract-by-contract basis.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| (2)    | The Company's policy is to recognize transfers in and transfers out as of the beginning of the reporting period.                                                                                                                                                                                                                                                                                                                                                                                                |

----

----

----

----

|                                                                                                                                                                                                                                                                                                                                                               | 2010     |     |   | 2009            |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|----------|--------|-----------------|--------|
|                                                                                                                                                                                                                                                                                                                                                               | Notional |     |   | Asset           |   |   | Liability |   |   | Notional |   |   | Asset |   |   | Liability |   |
|                                                                                                                                                                                                                                                                                                                                                               | Amount   |     |   | Fair Value |   |   | Fair Value |   |   | Amount |   |   | Fair Value |   |   | Fair Value |   |
| Interest rate caps(1)                                                                                                                                                                                                                                                                                                                                    |     | 7,690.0  |   |            | $      | 53.2 |   |   | $ | (4.1 | ) |   |   | 3,750.0 |   |   | $ | 41.5 |   |   | $ | (6.0 | ) |
| Interest rate swaps(1)                                                                                                                                                                                                                                                                                                                                   |     | 5,835.6  |   |            |   | 100.4 |   |   |   | (211.4 | ) |   |   | 5,909.4 |   |   |   | 86.8 |   |   |   | (228.8 | ) |
| Foreign exchange swaps(1)                                                                                                                                                                                                                                                                                                                                |     | 224.0    |   |            |   | 1.5 |   |   |   | (37.3 | ) |   |   | 199.5 |   |   |   | - |   |   |   | (43.3 | ) |
| Credit default swaps(1)                                                                                                                                                                                                                                                                                                                                  |     | 250.5    |   |            |   | 1.3 |   |   |   | (45.1 | ) |   |   | 243.9 |   |   |   | 0.2 |   |   |   | (53.6 | ) |
| Forwards(1)                                                                                                                                                                                                                                                                                                                                                        |     | 68.4     |   |            |   | 0.3 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Swaptions(1)                                                                                                                                                                                                                                                                                                                                                       |     | 90.7     |   |            |   | 0.3 |   |   |   | - |   |   |   | 90.7 |   |   |   | 0.5 |   |   |   | - |   |
| Managed custody guarantees(3)                                                                                                                                                                                                                                                                                                                            |     | N/A      |   |            |   | - |   |   |   | (2.5 | ) |   |   | N/A |   |   |   | - |   |   |   | (6.0 | ) |
| Embedded derivatives:                                                                                                                                                                                                                                                                                                                                         |     |     |   |            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|          Within securities(2)                                                                                                                                                                                                                                                                                                                  |     | N/A      |   |            |   | 49.4 |   |   |   | (0.2 | ) |   |   | N/A |   |   |   | 46.4 |   |   |   | (0.1 | ) |
|        Within retail annuity products(3)                                                                                                                                                                                                                                                                                                       |     | N/A      |   |            |   | 10.0 |   |   |   | - |   |   |   | N/A |   |   |   | - |   |   |   | - |   |
| Total                                                                                                                                                                                                                                                                                                                                                         |     | 14,159.2 |   |            | $      | 216.4 |   |   | $ | (300.6 | ) |   |   | 10,193.5 |   |   | $ | 175.4 |   |   | $ | (337.8 | ) |
|                                                                                                                                                                                                                                                                                                                                                               |     |     |   |            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| N/A - Not applicable.                                                                                                                                                                                                                                                                                                                               |     |     |   |            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  (1)      The fair values of these derivatives are reported in Derivatives or Other liabilities on the Condensed Consolidated Balance Sheets.                                                                                                                       |     |
|  (2)The fair values of embedded derivatives within securities are reported in Fixed maturities, available-for-sale, on the Condensed  Consolidated Balance Sheets with the underlying instrument.                                     |     |
|  (3)  Thefair values of embedded derivatives within retail annuity products and managed custody guarantees are reported in Futurepolicy benefits and claim reserves on the Condensed Consolidated Balance Sheets. |     |

----

----

|                                                                                                                                                                                                                                                     |   |   | For the Three Months Ended March 31, |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                     |   |   | 2010                                                               |   |   | 2009 |   |
| Interest rate swaps(1)                                                                                                                                                                                                                         |   | $      | (9.8                                                               | )      |   | $ | (25.3 | ) |
| Foreign exchange swaps(1)                                                                                                                                                                                                                      |   |   | 7.4                                                                |   |   |   | 5.5 |   |
| Credit default swaps(1)                                                                                                                                                                                                                        |   |   | 1.2                                                                |   |   |   | 3.0 |   |
| Forwards(1)                                                                                                                                                                                                                                              |   |   | 0.3                                                                |   |   |   | 4.9 |   |
| Futures(1)                                                                                                                                                                                                                                               |   |   | -                                                                  |   |   |   | 60.1 |   |
| Swaptions(1)                                                                                                                                                                                                                                             |   |   | (0.2                                                               | )      |   |   | (3.1 | ) |
| Interest rate caps(1)                                                                                                                                                                                                                          |   |   | (13.5                                                              | )      |   |   | - |   |
| Managed custody guarantees(2)                                                                                                                                                                                                                  |   |   | 3.5                                                                |   |   |   | - |   |
| Embedded derivatives:                                                                                                                                                                                                                               |   |   |                                                               |   |   |   |   |   |
|         Within securities(2)                                                                                                                                                                                                              |   |   | 3.1                                                                |   |   |   | (59.0 | ) |
|         Within retail annuity products(2)                                                                                                                                                                                       |   |   | 11.6                                                               |   |   |   | 26.2 |   |
| Total                                                                                                                                                                                                                                                    |   |   | $                                                                  | 3.6    |   |   | $ | 12.3 |   |
|  (1) Changes in value are included in Net realized capital losses on the Condensed Consolidated Statements of Operations.                                           |   |
| )(2) Changes in value are included in Interest credited and other benefits to contractowners on the Condensed      Consolidated Statements of Operations. |   |

----

----

| 5.   | Investments |
|----------------|-------------|

|                                                                                                                                                                                              |   |      |     |   | Gross      |   |   | Gross      |   |   |    |   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|----------|--------|------------|--------|--------|------------|--------|--------|---------|--------|--------|
|                                                                                                                                                                                              |   |      |     |   | Unrealized |   |   | Unrealized |   |   |    |   |   |
|                                                                                                                                                                                              |   | Amortized |     |   | Capital    |   |   | Capital    |   |   |    |   | Fair   |
|                                                                                                                                                                                              |   | Cost      |     |   | Gains      |   |   | Losses     |   |   | OTTI(2) |   | Value  |
| Fixed maturities:                                                                                                                                                                            |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|     U.S. Treasuries                                                                                                                                                      |   | $         | 1,050.8  |   |       | $      | 3.2    |       |   | $      | 35.8    |   |   | $ | - |   | $ | 1,018.2 |
|     U.S. government agencies and       authorities                                                                                                        |   |      | 622.5    |   |       |   | 43.8   |       |   |   | -       |   |   |   | - |   |   | 666.3 |
|          State, municipalities, and political                                                                                                                  |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|         subdivisions                                                                                                                                      |   |      | 112.2    |   |       |   | 3.5    |       |   |   | 6.9     |   |   |   | - |   |   | 108.8 |
|                                                                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|     U.S. corporate securities:                                                                                                                                      |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|         Public utilities                                                                                                                             |   |      | 1,196.3  |   |       |   | 45.6   |       |   |   | 9.9     |   |   |   | - |   |   | 1,232.0 |
|         Other corporate securities                                                                                                              |   |      | 4,787.4  |   |       |   | 310.2  |       |   |   | 38.1    |   |   |   | 0.6 |   |   | 5,058.9 |
|                                                                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|     Total U.S. corporate securities                                                                                                                            |   |      | 5,983.7  |   |       |   | 355.8  |       |   |   | 48.0    |   |   |   | 0.6 |   |   | 6,290.9 |
|                                                                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|                                                                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|     Foreign securities(1):                                                                                                                                               |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|         Government                                                                                                                                        |   |      | 459.8    |   |       |   | 32.2   |       |   |   | 6.3     |   |   |   | - |   |   | 485.7 |
|         Other                                                                                                                                             |   |      | 3,177.3  |   |       |   | 160.5  |       |   |   | 31.8    |   |   |   | 0.1 |   |   | 3,305.9 |
|                                                                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|      Total foreign securities                                                                                                                                  |   |      | 3,637.1  |   |       |   | 192.7  |       |   |   | 38.1    |   |   |   | 0.1 |   |   | 3,791.6 |
|                                                                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|      Residential mortgage-backed securities                                                                                                                    |   |      | 1,858.1  |   |       |   | 264.7  |       |   |   | 81.3    |   |   |   | 17.6 |   |   | 2,023.9 |
|      Commercial mortgage-backed securities                                                                                                                     |   |      | 1,315.5  |   |       |   | 30.9   |       |   |   | 143.9   |   |   |   | - |   |   | 1,202.5 |
|      Other asset-backed securities                                                                                                                             |   |      | 603.3    |   |       |   | 13.1   |       |   |   | 84.4    |   |   |   | 30.8 |   |   | 501.2 |
|                                                                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|      Total fixed maturities, including                                                                                                               |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
|                securities pledged                                                                                                               |   |      | 15,183.2 |   |       |   | 907.7  |       |   |   | 438.4   |   |   |   | 49.1 |   |   | 15,603.4 |
|       Less: securities pledged                                                                                                                            |   |      | 360.7    |   |       |   | 12.2   |       |   |   | 9.5     |   |   |   | - |   |   | 363.4 |
|                                                                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
| Total fixed maturities                                                                                                                                                                  |   |      | 14,822.5 |   |       |   | 895.5  |       |   |   | 428.9   |   |   |   | 49.1 |   |   | 15,240.0 |
| Equity securities                                                                                                                                                                            |   |      | 184.9    |   |       |   | 16.3   |       |   |   | 0.4     |   |   |   | - |   |   | 200.8 |
| Total investments, available-for-sale                                                                                                                                                   |   | $         | 15,007.4 |   |       | $      | 911.8  |       |   | $      | 429.3   |   |   | $ | 49.1 |   | $ | 15,440.8 |
| (1)Primarily U.S. dollar denominated.                                                                                                                                              |   |      |     |   |       |   |   |       |   |   |    |   |   |   |   |   |   |   |
| (2)Represents other-than-temporary impairments reported as a component of Other comprehensive income ("noncredit impairments”). |

----

----

|                                                                                                                                                                                                    |   |      |     | Gross      |   | Gross      |   |    |   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|----------|------------|--------|------------|--------|---------|--------|--------|
|                                                                                                                                                                                                    |   |      |     | Unrealized |   | Unrealized |   |    |   |   |
|                                                                                                                                                                                                    |   | Amortized |     | Capital    |   | Capital    |   |    |   | Fair   |
|                                                                                                                                                                                                    |   | Cost      |     | Gains      |   | Losses     |   | OTTI(2) |   | Value  |
| Fixed maturities:                                                                                                                                                                                  |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|     U.S. Treasuries                                                                                                                                                            |   | $         | 1,897.2  |       | $      | 3.0        |   | $       | 38.3   |   | $ | - |   | $ | 1,861.9 |
|     U.S. government agencies and                                                                                                                                |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|         authorities                                                                                                                                             |   |      | 632.5    |       |   | 41.1       |   |    | -      |   |   | - |   |   | 673.6 |
|     State, municipalities, and political                                                                                                                        |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|         subdivisions                                                                                                                                            |   |      | 112.5    |       |   | 2.5        |   |    | 7.8    |   |   | - |   |   | 107.2 |
|                                                                                                                                                                                                    |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|      U.S. corporate securities:                                                                                                                                      |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|          Public utilities                                                                                                                             |   |      | 1,138.7  |       |   | 40.8       |   |    | 14.3   |   |   | - |   |   | 1,165.2 |
|          Other corporate securities                                                                                                              |   |      | 4,366.5  |       |   | 267.4      |   |    | 63.2   |   |   | 0.6 |   |   | 4,570.1 |
|      Total U.S. corporate securities                                                                                                                            |   |      | 5,505.2  |       |   | 308.2      |   |    | 77.5   |   |   | 0.6 |   |   | 5,735.3 |
|                                                                                                                                                                                                    |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|      Foreign securities(1):                                                                                                                                               |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|          Government                                                                                                                                        |   |      | 343.0    |       |   | 29.2       |   |    | 8.7    |   |   | - |   |   | 363.5 |
|          Other                                                                                                                                             |   |      | 2,922.5  |       |   | 129.0      |   |    | 56.6   |   |   | 0.1 |   |   | 2,994.8 |
|      Total foreign securities                                                                                                                                        |   |      | 3,265.5  |       |   | 158.2      |   |    | 65.3   |   |   | 0.1 |   |   | 3,358.3 |
|                                                                                                                                                                                                    |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|      Residential mortgage-backed securities                                                                                                                          |   |      | 1,916.6  |       |   | 268.3      |   |    | 111.9  |   |   | 16.8 |   |   | 2,056.2 |
|      Commercial mortgage-backed securities                                                                                                                           |   |      | 1,535.0  |       |   | 10.4       |   |    | 214.3  |   |   | - |   |   | 1,331.1 |
|      Other asset-backed securities                                                                                                                                   |   |      | 657.4    |       |   | 9.8        |   |    | 106.3  |   |   | 29.2 |   |   | 531.7 |
|                                                                                                                                                                                                    |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|      Total fixed maturities, including                                                                                                                     |   |      |     |       |   |       |   |    |   |   |   |   |   |   |   |
|           securities pledged                                                                                                                     |   |      | 15,521.9 |       |   | 801.5      |   |    | 621.4  |   |   | 46.7 |   |   | 15,655.3 |
|       Less: securities pledged                                                                                                                                  |   |      | 483.7    |       |   | 4.3        |   |    | 18.2   |   |   | - |   |   | 469.8 |
| Total fixed maturities                                                                                                                                                                        |   |      | 15,038.2 |       |   | 797.2      |   |    | 603.2  |   |   | 46.7 |   |   | 15,185.5 |
| Equity securities                                                                                                                                                                                  |   |      | 175.1    |       |   | 13.4       |   |    | 0.6    |   |   | - |   |   | 187.9 |
| Total investments, available-for-sale                                                                                                                                                         |   | $         | 15,213.3 |       | $      | 810.6      |   | $       | 603.8  |   | $ | 46.7 |   | $ | 15,373.4 |
| (1) Primarily U.S. dollar denominated.                                                                                                                                              |
| (2) Represents other-than-temporary impairments reported as a component of Other comprehensive income ("noncredit impairments”). |

----

----

|                                                               |   | Amortized |     |   | Fair   |
|--------------------------------------------------------------------|--------|-----------|----------|--------|--------|
|                                                               |   | Cost      |     |   | Value  |
| Due to mature:                                           |   |      |     |   |   |   |   |
| One year or less                                    |   | $         | 214.2    |   |   | $ | 216.1 |
| After one year through five years         |   |      | 3,861.4  |   |   |   | 4,094.4 |
| After five years through ten years        |   |      | 3,938.7  |   |   |   | 4,140.7 |
| After ten years                                          |   |      | 3,392.0  |   |   |   | 3,424.6 |
| Mortgage-backed securities                                    |   |      | 3,173.6  |   |   |   | 3,226.4 |
| Other asset-backed securities                            |   |      | 603.3    |   |   |   | 501.2 |
| Less: securities pledged                                 |   |      | 360.7    |   |   |   | 363.4 |
| Fixed maturities, excluding securities pledged |   | $         | 14,822.5 |   |   | $ | 15,240.0 |

----

----

----

----

|                                                         |   | 2010                         |   |              | 2009   |
|--------------------------------------------------------------|--------|------------------------------|--------|-------------------|--------|
|                                                         |   |                         |   | % of IG |   |   |   |   | % of IG |   |   |   |   | % of IG |   |   |   |   | % of IG |
|                                                         |   | IG                           |   | and BIG      |   |   | BIG |   | and BIG |   |   | IG |   | and BIG |   |   | BIG |   | and BIG |
| Six months or less                            |   |                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      below amortized cost | $      |    72.8  |   | 15.0%             |   | $ |       6.5  |   | 1.3% |   | $ |      105.5  |   | 15.7% |   | $ |        18.5  |   | 2.8% |
| More than six months and                 |   |                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     twelve months or less |   |                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     below amortized cost       |   |    44.5  |   | 9.1%              |   |   |     44.8  |   | 9.2% |   |   |        44.0  |   | 6.6% |   |   |        37.9  |   | 5.7% |
| More than twelve months                       |   |                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     below amortized cost       |   |  168.4             |   | 34.5%             |   |   |   150.5  |   | 30.9% |   |   |      300.8  |   | 45.0% |   |   |      161.4  |   | 24.2% |
| Total unrealized capital loss                 | $      |  285.7             |   | 58.6%             |   | $ |   201.8  |   | 41.4% |   | $ |      450.3  |   | 67.3% |   | $ |      217.8  |   | 32.7% |

|                                                 |            |    | More than           |   |               |   |       |
|------------------------------------------------------|-----------------|---------|--------------------------|--------|--------------------|--------|------------|
|                                                 | Six Months |    | Six Months and |   |               |   |       |
|                                                 | or Less    |    | Twelve Months       |   | More than     |   | Total      |
|                                                 | Below           |    | or Less Below  |   | Twelve Months |   | Unrealized |
|                                                 | Amortized       |    | Amortized                |   | Below              |   | Capital    |
| 2010                                                 | Cost            |    | Cost                     |   | Cost               |   | Losses     |
| Interest rate or spread widening | $               | 70.6    |                     | $      | 16.3               |   | $          | 42.6 |   | $ | 129.5 |
| Mortgage and other asset-backed  |            |    |                     |   |               |   |       |   |   |   |   |
|     securities                   |            | 8.7     |                     |   | 73.0               |   |       | 276.3 |   |   | 358.0 |
| Total unrealized capital losses       | $               | 79.3    |                     | $      | 89.3               |   | $          | 318.9 |   | $ | 487.5 |
| Fair value                                      | $               | 2,481.8 |                     | $      | 290.7              |   | $          | 1,479.2 |   | $ | 4,251.7 |
|                                                 |            |    |                     |   |               |   |       |   |   |   |   |
| 2009                                                 |            |    |                     |   |               |   |       |   |   |   |   |
| Interest rate or spread widening | $               | 75.9    |                     | $      | 35.2               |   | $          | 78.5 |   | $ | 189.6 |
| Mortgage and other asset-backed  |            |    |                     |   |               |   |       |   |   |   |   |
|     securities                   |            | 48.1    |                     |   | 46.7               |   |       | 383.7 |   |   | 478.5 |
| Total unrealized capital losses       | $               | 124.0   |                     | $      | 81.9               |   | $          | 462.2 |   | $ | 668.1 |
| Fair value                                      | $               | 2,901.8 |                     | $      | 212.6              |   | $          | 2,127.2 |   | $ | 5,241.6 |

----

----

|                                                                |                              |    |   |                           |       |   | More Than Six     |   |   |                       |   |       |            |   |   |              |   |    |            |
|---------------------------------------------------------------------|-----------------------------------|---------|--------|--------------------------------|------------|--------|-----------------------------|--------|--------|----------------------------|--------|------------|-----------------|--------|--------|-------------------|--------|---------|-----------------|
|                                                                |                              |    |   |                           |       |   | Months and Twelve |   |   | More Than Twelve |   |       |            |   |   |              |
|                                                                | Six Months or Less |    |   | Months or Less       |       |   | Months Below           |   |   |                       |   |       |            |
|                                                                | Below Amortized Cost    |    |   | Below Amortized Cost |       |   | Amortized Cost         |   |   | Total                      |
|                                                                |                              |    |   |                           | Unrealized |   |                        |   |   |                       |   | Unrealized |            |   |   |              |   |    | Unrealized      |   |   |   |   |   |   | Unrealized |
|                                                                | Fair Value                   |    |   | Capital Loss              |       |   | Fair Value             |   |   | Capital Loss          |   |       | Fair Value |   |   | Capital Loss |   |    | Fair Value |   |   | Capital Loss |
| 2010                                                                |                              |    |   |                           |       |   |                        |   |   |                       |   |       |            |   |   |              |   |    |            |   |   |   |   |   |   |   |   |   |   |   |
| U.S. Treasuries                                                | $                                 | 727.0   |   |                           | $          | 35.8   |                        |   | $      | -                          |   |       | $               | -      |   |              | $      | -       |            |   | $ | - |   |   | $ | 727.0 |   |   | $ | 35.8 |
| U.S. corporate,state, and      municipalities             |                              | 1,053.5 |   |                           |       | 17.4   |                        |   |   | 119.3                      |   |       |            | 8.5    |   |              |   | 290.4   |            |   |   | 29.6 |   |   |   | 1,463.2 |   |   |   | 55.5 |
|  Government agencies      and authorities            |                              | 4.2     |   |                           |       | -      |                        |   |   | -                          |   |       |            | -      |   |              |   | -       |            |   |   | - |   |   |   | 4.2 |   |   |   | - |
| Foreign                                                             |                              | 623.2   |   |                           |       | 17.4   |                        |   |   | 36.6                       |   |       |            | 7.8    |   |              |   | 196.2   |            |   |   | 13.0 |   |   |   | 856.0 |   |   |   | 38.2 |
|  Residential      mortgage-backed                              |                              | 47.7    |   |                           |       | 6.8    |                        |   |   | 94.0                       |   |       |            | 35.5   |   |              |   | 329.6   |            |   |   | 56.6 |   |   |   | 471.3 |   |   |   | 98.9 |
|  Commercial      mortgage-backed                               |                              | 20.6    |   |                           |       | 0.7    |                        |   |   | 31.2                       |   |       |            | 33.2   |   |              |   | 410.8   |            |   |   | 110.0 |   |   |   | 462.6 |   |   |   | 143.9 |
| Other asset-backed                                             |                              | 5.6     |   |                           |       | 1.2    |                        |   |   | 9.6                        |   |       |            | 4.3    |   |              |   | 252.2   |            |   |   | 109.7 |   |   |   | 267.4 |   |   |   | 115.2 |
| Total                                                               | $                                 | 2,481.8 |   |                           | $          | 79.3   |                        |   | $      | 290.7                      |   |       | $               | 89.3   |   |              | $      | 1,479.2 |            |   | $ | 318.9 |   |   | $ | 4,251.7 |   |   | $ | 487.5 |
|                                                                |                              |    |   |                           |       |   |                        |   |   |                       |   |       |            |   |   |              |   |    |            |   |   |   |   |   |   |   |   |   |   |   |
| 2009                                                                |                              |    |   |                           |       |   |                        |   |   |                       |   |       |            |   |   |              |   |    |            |   |   |   |   |   |   |   |   |
| U.S. Treasuries                                                | $                                 | 1,002.1 |   |                           | $          | 38.3   |                        |   | $      | -                          |   |       | $               | -      |   |              | $      | -       |            |   | $ | - |   |   | $ | 1,002.1 |   |   | $ | 38.3 |
|  U.S. corporate,      state, and      municipalities |                              | 1,097.0 |   |                           |       | 22.7   |                        |   |   | 86.1                       |   |       |            | 14.9   |   |              |   | 381.2   |            |   |   | 48.3 |   |   |   | 1,564.3 |   |   |   | 85.9 |
| Foreign                                                             |                              | 528.6   |   |                           |       | 14.8   |                        |   |   | 40.0                       |   |       |            | 20.4   |   |              |   | 301.8   |            |   |   | 30.2 |   |   |   | 870.4 |   |   |   | 65.4 |
|  Residential      mortgage-backed                              |                              | 141.1   |   |                           |       | 45.4   |                        |   |   | 47.7                       |   |       |            | 4.2    |   |              |   | 425.3   |            |   |   | 79.1 |   |   |   | 614.1 |   |   |   | 128.7 |
|  Commercial      mortgage-backed                               |                              | 105.8   |   |                           |       | 1.2    |                        |   |   | 27.2                       |   |       |            | 35.7   |   |              |   | 757.1   |            |   |   | 177.4 |   |   |   | 890.1 |   |   |   | 214.3 |
| Other asset-backed                                             |                              | 27.2    |   |                           |       | 1.6    |                        |   |   | 11.6                       |   |       |            | 6.7    |   |              |   | 261.8   |            |   |   | 127.2 |   |   |   | 300.6 |   |   |   | 135.5 |
| Total                                                               | $                                 | 2,901.8 |   |                           | $          | 124.0  |                        |   | $      | 212.6                      |   |       | $               | 81.9   |   |              | $      | 2,127.2 |            |   | $ | 462.2 |   |   | $ | 5,241.6 |   |   | $ | 668.1 |

----

----

|                                                   |   | Amortized Cost |    |          | Unrealized Capital Loss | Number of Securities |
|--------------------------------------------------------|--------|---------------------|---------|---------------|-----------------------------------|--------------------------------|
|                                                   |   | < 20%       |    | > 20% |                              |                           | < 20% |   |   | > 20% | < 20% | > 20% |
| 2010                                              |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Six months or less                      |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   | $                   | 1,725.9 |          | $                                 | 39.1                           |   |   | $ | 70.3 |   |   | $ | 9.9 |   | 244 |   | 8 |
| More than six months and           |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         twelve months or less |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   |                | 1,018.8 |          |                              | 254.4                          |   |   |   | 47.9 |   |   |   | 122.3 |   | 178 |   | 82 |
| More than twelve months                 |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   |                | 1,205.3 |          |                              | 495.7                          |   |   |   | 52.9 |   |   |   | 184.2 |   | 106 |   | 110 |
| Total                                             |   | $                   | 3,950.0 |          | $                                 | 789.2                          |   |   | $ | 171.1 |   |   | $ | 316.4 |   | 528 |   | 200 |
|                                                   |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
| 2009                                         |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |
| Six months or less                      |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   | $                   | 3,652.0 |          | $                                 | 185.0                          |   |   | $ | 168.0 |   |   | $ | 60.7 |   | 377 |   | 98 |
| More than six months and           |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Twelve months or less                   |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   |                | 734.5   |          |                              | 247.0                          |   |   |   | 40.2 |   |   |   | 124.3 |   | 120 |   | 48 |
| More than twelve months                 |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   |                | 431.1   |          |                              | 660.1                          |   |   |   | 28.2 |   |   |   | 246.7 |   | 90 |   | 129 |
| Total                                                  |   |                | $       | 4,817.6       |                              | $                              | 1,092.1 |   |   | $ | 236.4 |   |   | $ | 431.7 |   | 587 |   | 275 |

----

----

|                                         | Amortized Cost |    | Unrealized Capital Loss |   | Number of Securities |
|----------------------------------------------|---------------------|---------|-----------------------------------|--------|--------------------------------|
|                                         | < 20%       |    | > 20%                     |   | < 20%                  |   | > 20% |   | < 20% |   | > 20% |
| 2010                                         |                |    |                              |   |                           |   |   |   |   |   |   |
| U.S. Treasuries                         | $                   | 762.8   |                              | $      | -                              |   | $ | 35.8 |   | $ | - |   | 7 |   | - |
| U.S. corporate, state and     |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
|     municipalities       |                | 1,465.8 |                              |   | 52.9                           |   |   | 42.2 |   |   | 13.3 |   | 228 |   | 9 |
| Government agencies                     |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
|     and authorities |                | 4.2     |                              |   | -                              |   |   | - |   |   | - |   | 1 |   | - |
| Foreign                                      |                | 866.4   |                              |   | 27.8                           |   |   | 29.6 |   |   | 8.6 |   | 108 |   | 10 |
| Residential mortgage-backed             |                | 361.5   |                              |   | 208.7                          |   |   | 33.2 |   |   | 65.7 |   | 114 |   | 80 |
| Commercial mortgage-backed              |                | 356.9   |                              |   | 249.6                          |   |   | 23.3 |   |   | 120.6 |   | 36 |   | 27 |
| Other asset-backed                      |                | 132.4   |                              |   | 250.2                          |   |   | 7.0 |   |   | 108.2 |   | 34 |   | 74 |
| Total                                        | $                   | 3,950.0 |                              | $      | 789.2                          |   | $ | 171.1 |   | $ | 316.4 |   | 528 |   | 200 |
|                                         |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
| 2009                                         |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
| U.S. Treasuries                         | $                   | 1,040.5 |                              | $      | -                              |   | $ | 38.3 |   | $ | - |   | 9 |   | - |
| U.S. corporate, state and     |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
|     municipalities       |                | 1,532.2 |                              |   | 118.0                          |   |   | 53.5 |   |   | 32.4 |   | 256 |   | 23 |
| Foreign                                      |                | 830.0   |                              |   | 105.8                          |   |   | 31.7 |   |   | 33.7 |   | 111 |   | 22 |
| Residential mortgage-backed             |                | 522.0   |                              |   | 220.8                          |   |   | 55.1 |   |   | 73.6 |   | 115 |   | 109 |
| Commercial mortgage-backed              |                | 732.4   |                              |   | 372.0                          |   |   | 49.3 |   |   | 165.0 |   | 59 |   | 39 |
| Other asset-backed                      |                | 160.5   |                              |   | 275.5                          |   |   | 8.5 |   |   | 127.0 |   | 37 |   | 82 |
| Total                                        | $                   | 4,817.6 |                              | $      | 1,092.1                        |   | $ | 236.4 |   | $ | 431.7 |   | 587 |   | 275 |

----

----

----

----

|                                                             | Three Months Ended March 31, |
|------------------------------------------------------------------|--------------------------------------------------|
|                                                             | 2010                                             |   | 2009 |
|                                                             |                                             |   | No. of |   |   |   | No. of |
|                                                             | Impairment                                       |   | Securities |   | Impairment |   | Securities |
| U.S. Treasuries                                             | $                                                | 1.7 |   | 1 |   | $ | 33.1 |   | 5 |
| Public utilities                                            |                                             | 0.7 |   | 3 |   |   | - |   | - |
| Other U.S. corporate                                   |                                             | 3.3 |   | 7 |   |   | 23.5 |   | 38 |
| Foreign(1)                                                       |                                             | 13.2 |   | 6 |   |   | 26.3 |   | 22 |
| Residential mortgage-backed                                 |                                             | 1.2 |   | 16 |   |   | 35.8 |   | 43 |
| Other asset-backed                                          |                                             | 6.1 |   | 14 |   |   | 14.5 |   | 15 |
| Limited partnerships                                        |                                             | - |   | - |   |   | 10.7 |   | 14 |
| Equity securities                                           |                                             | - |   | - |   |   | 15.5 |   | 6 |
| Mortgage loans on real estate                |                                             | 1.0 |   | 1 |   |   | - |   | - |
| Total                                                            | $                                                | 27.2 |   | 48 |   | $ | 159.4 |   | 143 |
| (1)       Primarily U.S. dollar denominated. |                                             |   |   |   |   |   |   |   |   |

|                                                 | Three Months Ended March 31, |
|------------------------------------------------------|--------------------------------------------------|
|                                                 | 2010                                             |   | 2009 |
|                                                 |                                             |   | No. of |   |   |   | No. of |
|                                                 | Impairment                                       |   | Securities |   | Impairment |   | Securities |
| U.S. Treasuries                                 | $                                                | 1.7 |   | 1 |   | $ | 33.1 |   | 5 |
| Public utilities                                |                                             | 0.7 |   | 3 |   |   | - |   | - |
| Other U.S. corporate                       |                                             | 3.0 |   | 6 |   |   | 16.5 |   | 23 |
| Foreign(1)                                           |                                             | 6.2 |   | 3 |   |   | 26.3 |   | 22 |
| Residential mortgage-backed                     |                                             | - |   | - |   |   | 22.5 |   | 8 |
| Other asset-backed                              |                                             | - |   | - |   |   | 13.8 |   | 6 |
| Total                                                | $                                                | 11.6 |   | 13 |   | $ | 112.2 |   | 64 |
| (1)Primarily U.S. dollar denominated. |                                             |   |   |   |   |   |   |   |   |

----

----

|                             |                                                                                                                                                                                                                                                                       |   | Three Months Ended |   |
|----------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|--------|
|                             |                                                                                                                                                                                                                                                                       |   | March 31, 2010*    |   |
|                             |                                                                                                                                                                                                                                                                       |   |                         |   | No. of |   |
|                             |                                                                                                                                                                                                                                                                       |   | Impairment                   |   | Securities |   |
| Residential mortgage-backed |                                                                                                                                                                                                                                                                       | $      | 2.3                          |   | 6 |   |
| Other asset-backed          |                                                                                                                                                                                                                                                                       |   | 5.4                          |   | 5 |   |
| Total                            |                                                                                                                                                                                                                                                                       | $      | 7.7                          |   | 11 |   |
| *                                | No amounts disclosed for three months ended March 31, 2009, as new guidance on OTTI, included in ASC Topic 320,      was adopted on April 1, 2009. |   |

|                                                                                                                                                                                                                                                                        |   |   | Three Months Ended |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------------------------|--------|
|                                                                                                                                                                                                                                                                        |   |   | March 31, 2010*    |   |
| Balance at January 1, 2010                                                                                                                                                                                                                              |   | $      | 46.0                         |   |
| Additional credit impairments:                                                                                                                                                                                                                                    |   |   |                         |   |
|         On securities not previously impaired                                                                                                                                                                                                 |   |   | 2.1                          |   |
|         On securities previously impaired                                                                                                                                                                                                          |   |   | 1.2                          |   |
| Reductions:                                                                                                                                                                                                                                                                 |   |   |                         |   |   |
|         Securities sold, matured, prepaid or paid down                                                                                                                                                                              |   |   | (0.2                         | )      |
| Balance at March 31, 2010                                                                                                                                                                                                                               |   | $      | 49.1                         |   |
| *No amounts disclosed for three months ended March 31, 2009, as new guidance on OTTI, included in ASC Topic 320,      was adopted on April 1, 2009. |   |

----

----

|                                                                                                            |   | Three Months Ended March 31, |   |
|-----------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|--------|
|                                                                                                            |   | 2010                                             |   |   | 2009 |   |
| Fixed maturities, available-for-sale, including net OTTI                          |   |                                             |   |   |   |   |
| of  $(26.2) and $(133.2) in 2010 and 2009, respectively            |   | $                                                | 13.5   |   |   | $ | 23.1 |   |
| Equity securities, available-for-sale, including net OTTI                         |   |                                             |   |   |   |   |   |   |
| of  $0 and $(15.5) in 2010 and 2009, respectively                  |   |                                             | 1.7    |   |   |   | (15.3 | ) |
| Derivatives                                                                                                     |   |                                             | (14.6  | ) |   |   | 45.1 |   |
| Other investments, including net OTTI of $(1.0) and $(10.7)        |   |                                             |   |   |   |   |   |   |
| in 2010 and 2009, respectively                                                              |   |                                             | 2.4    |   |   |   | (13.2 | ) |
| Less: allocation to experience-rated contracts, including                         |   |                                             |   |   |   |   |   |   |
| net OTTI of $(8.5) and $(76.4) in 2010 and 2009, respectively |   |                                             | (10.0  | ) |   |   | (12.8 | ) |
| Net realized capital gains                                                                       |   | $                                                | 13.0   |   |   | $ | 52.5 |   |
| After-tax net realized capital gains (losses) including tax valuation   |   |                                             |   |   |   |   |   |   |
| allowance of $20.8 and $13.0 for 2010 and 2009, respectively       |   | $                                                | 29.3   |   |   | $ | 47.1 |   |

----

----

|                        |   | 2010   |    |   | 2009   |
|-----------------------------|--------|--------|---------|--------|--------|
| Proceeds on sales |   | $      | 1,589.2 |   |   | $ | 1,157.4 |
| Gross gains            |   |   | 44.5    |   |   |   | 40.2 |
| Gross losses           |   |   | 8.5     |   |   |   | 55.9 |

| 6.   | Deferred      Policy Acquisition Costs and Value of Business  Acquired |
|----------------|------------------------------------------------------------------------|

|                                                                               | 2010   |   | 2009   |
|------------------------------------------------------------------------------------|--------|--------|--------|
| Balance at January 1                                                | $      | 901.8  |   | $ | 865.5 |
| Deferrals of commissions and expenses                          |   | 35.6   |   |   | 30.5 |
| Amortization:                                                                      |   |   |   |   |   |
| Amortization                                                                       |   | (18.2  | )      |   | (52.5) |
| Interest accrued at 5% to 7%                              |   | 15.9   |   |   | 13.9 |
| Net amortization included in Condensed Consolidated  |   |   |   |   |   |
| Statements of Operations                                                 |   | (2.3   | )      |   | (38.6) |
| Change in unrealized capital gains/losses on              |   |   |   |   |   |
| available-for-sale securities                                                 |   | (2.5   | )      |   | (16.3) |
| Balance at March 31                                                 | $      | 932.6  |   | $ | 841.1 |

----

----

|                                                                               | 2010   |   |   | 2009   |   |
|------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|
| Balance at January 1                                                | $      | 991.5  |   |   | $      | 1,832.5 |   |
| Deferrals of commissions and expenses                          |   | 5.2    |   |   |   | 7.5 |   |
| Amortization:                                                                      |   |   |   |   |   |   |   |
| Amortization                                                                       |   | (34.8  | )      |   |   | (126.5) |   |
| Interest accrued at 5% to 7%                              |   | 18.8   |   |   |   | 18.3 |   |
| Net amortization included in Condensed Consolidated  |   |   |   |   |   |   |   |
| Statements of Operations                                                 |   | (16.0  | )      |   |   | (108.2) |   |
| Change in unrealized capital gains/losses on              |   |   |   |   |   |   |   |
| available-for-sale securities                                                 |   | (86.3  | )      |   |   | (15.5) |   |
| Balance at March 31                                                 | $      | 894.4  |   |   | $      | 1,716.3 |   |

| 7.   | Capital      Contributions and Dividends |
|----------------|------------------------------------------|

----

----

| 8.   | Income      Taxes |
|----------------|-------------------|

|                                           |    |   |    |   |   |   |   |   | Three Months Ended March 31, |
|------------------------------------------------|---------|--------|---------|--------|--------|--------|--------|--------|--------------------------------------------------|
|                                           |    |   |    |   |   |   |   |   | 2010                                             |   | 2009 |
| Statutory rate                            |    |   | 35.0%   |   | 35.0%  |
|                                           |    |   |    |   |   |   |   |   |                                             |   |   |
| Dividend received deduction          | (1.9)%  |   | (10.4)% |
| Valuation allowance                       | (19.9)% |   | (35.9)% |
| Other                                          |    |   |    |   |   |   | 0.1%   |   | 0.3%                                             |
| Effective rate at March 31 | 13.3%   |   | (11.0)% |

----

----

| 9.   | Financing      Agreements |
|----------------|---------------------------|

| 10.   | Commitments      and Contingent Liabilities |
|-----------------|---------------------------------------------|

----

----

----

----

| 11.   | Restructuring      Charges |
|-----------------|----------------------------|

----

----

| 12.   | Accumulated      Other Comprehensive Income (Loss) |
|-----------------|----------------------------------------------------|

|                                                                                                           |   | 2010   |   |   | 2009   |   |
|----------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Net unrealized capital gains (losses):                                                     |   |   |   |   |   |   |
|     Fixed maturities, available-for-sale; including OTTI of  |   |   |   |   |   |   |
|         $(49.1) in 2010                                      |   | $      | 420.2  |   |   | $      | (1,252.2 | ) |
|     Equity securities, available-for-sale                                        |   |   | 15.9   |   |   |   | 0.4 |   |
|     DAC/VOBA adjustment on available-for-sale securities               |   |   | (177.5 | )      |   |   | 619.1 |   |
|     Sales inducements adjustment on available-for-sale securities |   |   | -      |   |   |   | 1.4 |   |
|     Policy loans                                                                      |   |   | (8.5   | )      |   |   | - |   |
|     Other investments                                                                 |   |   | -      |   |   |   | (0.3 | ) |
|     Less: allocation to experience-rated contracts                     |   |   | (82.2  | )      |   |   | - |   |
| Unrealized capital gains (losses), before tax                                         |   |   | 167.9  |   |   |   | (631.6 | ) |
| Deferred income tax (liability) asset                                                      |   |   | (59.7  | )      |   |   | 197.4 |   |
| Deferred tax asset valuation allowance                                                     |   |   | 0.5    |   |   |   | - |   |
| Net unrealized capital gains (losses)                                                      |   |   | 108.7  |   |   |   | (434.2 | ) |
| Pension liability, net of tax                                                              |   |   | (8.7   | )      |   |   | (17.7 | ) |
| Accumulated other comprehensive income (loss)                                              |   | $      | 100.0  |   |   | $      | (451.9 | ) |

----

----

|                                                                                                                                                                                                                       |   | 2010   |   |   | 2009   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|
| Net unrealized capital holding gains arising during the period(1)                                                                                                                  |   | $      | 82.3   |   |   | $ | 75.0 |
| Less: reclassification adjustment for gains and other                                                                                                                                        |   |   |   |   |   |   |   |
|     items included in Net income (loss)(2)                                                                                                                                    |   |   | 6.8    |   |   |   | 45.1 |
| Net change in unrealized capital gains on securities                                                                                                                               |   | $      | 75.5   |   |   | $ | 29.9 |
|  (1)       Pretax net unrealized capital holding gains arising during the period were $120.3 and $96.1 for the three months |
|              ended March 31, 2010 and 2009, respectively.                                                                                                 |
|  (2)Pretax reclassification adjustments for gains and other items included in Net income (loss) were $10.0 and $57.8                  |
|        for the three months ended March 31, 2010 and 2009, respectively.                                                              |

|                                                                                                                      | 2010   |   |
|---------------------------------------------------------------------------------------------------------------------------|--------|--------|
| Balance at January 1, 2010                                                                            | $      | 46.7   |   |
|         Additional noncredit impairments:                                                        |   |   |   |
|             On securities not previously impaired                       |   | 7.6    |   |
|             On securities previously impaired                                |   | 0.1    |   |
|         Reductions:                                                                                   |   |   |   |
|        Securities sold, matured, prepaid or paid down(1) |   | (0.8   | ) |
|             Securities with additional credit impairments(1)            |   | (4.5   | ) |
| Balance at March 31, 2010                                                                             | $      | 49.1   |   |
|  (1)Represents realization of noncredit impairments to Net income (loss).    |   |

----

| Item      2. | Management’s      Narrative Analysis of the Results of Operations and Financial      Condition |
|--------------|------------------------------------------------------------------------------------------------------|

| (1)   | While      the United States is slowly emerging from the recent financial crisis      after substantial governmental intervention, significant risks still      remain for the United States and other world economies. Recent concerns      regarding certain sovereign credit risks and the threat of contagion could      increase U.S. market uncertainty and volatility.  These global      market conditions have affected and may continue to affect the Company’s      results of operations; |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (2)   | Adverse      financial market conditions, changes in rating agency standards and      practices and/or actions taken by ratings agencies may significantly      affect the Company’s ability to meet liquidity needs, access to capital      and cost of capital; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | Circumstances      associated with implementation of ING Groep’s recently announced global      business strategy and the final restructuring plan submitted to the      European Commission in connection with its review of ING Groep’s receipt      of state aid from the Dutch State could adversely affect the Company’s      results of operations and financialcondition; |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4)   | The      amount of statutory capital that the Company holds can vary significantly      from time to time and is sensitive to a number of factors outside of the      Company’s control and influences its financial strength and credit      ratings; |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5)   | The      Company has experienced ratings downgrades recently and may experience      additional future downgrades in the Company’s ratings which may negatively      affect profitability, financial condition, and access to      liquidity; |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6)   | Recent      federal actions taken to alleviate the financial crisis may not be      effective and state and federal financial regulatory reform initiatives,      including new laws and regulations, could have unintended consequences for      the financial services industry, including the Company and/or materially      affect the Company’s results of operations, financial condition and      liquidity; |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7)   | The      valuation of many of the Company’s financial instruments include      methodologies, estimations and assumptions that are subject to differing      interpretations and could result in changes to investment valuations that      may materially adversely affect results of operations and financial      condition; |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8)   | The      determination of the amount of impairments taken on the Company’s      investments is subjective and could materially impact results of      operations; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9)   | If      assumptions used in estimating future gross profits differ from actual      experience or if an estimation technique used to estimate future gross      profits is modified, the Company may be required to accelerate the      amortization of Deferred Acquisition Costs (“DAC”), which could have a      material adverse effect on results of operations and financial      condition; |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)   | If      the Company’s business does not generate sufficient taxable income, the      Company may be required to establish an additional valuation allowance      against the deferred income tax asset, which could have a material adverse      effect on results of operations and financial  condition; |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (11)   | Reinsurance      subjects the Company to the credit risk of reinsurers and may not be      adequate to protect against losses arising from ceded      reinsurance; |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (12)   | The      inability of counterparties to meet their financial obligations could have      an adverse effect on the Company's results of  operations; |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| (13)   | Changes      in underwriting and actual experience could materially affect      profitability; |
|------------------|------------------------------------------------------------------------------------------------|

| (14)   | A      loss of key product distribution relationships could materially affect      sales; |
|------------------|-------------------------------------------------------------------------------------------|

| (15)   | Competition      could negatively affect the ability to maintain or increase      profitability; |
|------------------|--------------------------------------------------------------------------------------------------|

| (16)   | 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; |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (17)   | The      Company may be adversely affected by increased governmental and regulatory      scrutiny or negative publicity; |
|------------------|--------------------------------------------------------------------------------------------------------------------------|

| (18)   | A      loss of key employees could increase the Company’s operational risks and      could adversely affect the effectiveness of internal controls over      financial reporting; |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (19)   | Litigation      may adversely affect profitability and financial  condition; |
|------------------|------------------------------------------------------------------------------|

| (20)   | Changes      in regulation in the United States and recent regulatory investigations      may reduce profitability; |
|------------------|---------------------------------------------------------------------------------------------------------------------|

| (21)   | The      Company’s products are subject to extensive regulation and failure to meet      any of the complex product requirements may reduce      profitability; |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (22)   | Failure      of a Company operating or information system or a compromise of security      with respect to an operating or information system or portable electronic      device or a failure to implement system modifications or a new accounting,      actuarial or other operating system  effectively could adversely      affect the Company’s results of operations and financial condition or the      effectiveness of internal controls over financial    reporting; |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (23)   | The      occurrence of natural or man-made disasters may adversely affect the      Company’s results of operations and financial condition;    and |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| (24)   | The      occurrence of unidentified or unanticipated risks could negatively affect      the Company’s business or result inlosses. |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

|                                                          | Three Months Ended March 31, |   |   | $ Increase |   |   | % Increase |   |
|---------------------------------------------------------------|--------------------------------------------------|--------|--------|-----------------|--------|--------|-----------------|--------|
|                                                          | 2010                                             |   |   | 2009            |   |   | (Decrease)      |   |   | (Decrease) |   |
| Revenues:                                                     |                                             |   |   |            |   |   |            |   |   |   |   |
| Net investment income                               | $                                                | 297.3  |   |            | $      | 320.4  |            |   | $ | (23.1 | ) |   | (7.2 | )% |
|        Fee income                                   |                                             | 141.1  |   |            |   | 111.4  |            |   |   | 29.7 |   |   | 26.7 | % |
|         Premiums                                    |                                             | 8.1    |   |            |   | 4.8    |            |   |   | 3.3 |   |   | 68.8 | % |
| Broker-dealer commission revenue                    |                                             | 58.6   |   |            |   | 95.7   |            |   |   | (37.1 | ) |   | (38.8 | )% |
| Net realized capital gains:                    |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| Total other-than-temporary                          |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| impairment losses                                        |                                             | (34.9  | )      |            |   | (159.4 | )               |   |   | 124.5 |   |   | 78.1 | % |
| Portion of other-than-temporary                |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| impairment losses recognized in           |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| Other comprehensive income (loss)              |                                             | 7.7    |   |            |   | -      |            |   |   | 7.7 |   |   | NM |   |
| Net other-than-temporary impairments                |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| recognized in earnings                              |                                             | (27.2  | )      |            |   | (159.4 | )               |   |   | 132.2 |   |   | 82.9 | % |
| Other net realized capital gains          |                                             | 40.2   |   |            |   | 211.9  |            |   |   | (171.7 | ) |   | (81.0 | )% |
| Total net realized capital gains          |                                             | 13.0   |   |            |   | 52.5   |            |   |   | (39.5 | ) |   | (75.2 | )% |
|        Other income                                 |                                             | 2.5    |   |            |   | 4.1    |            |   |   | (1.6 | ) |   | (39.0 | )% |
| Total revenue                                            |                                             | 520.6  |   |            |   | 588.9  |            |   |   | (68.3 | ) |   | (11.6 | )% |
| Benefits and expenses:                              |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| Interest credited and other               |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| benefits to contractowners                          |                                             | 172.5  |   |            |   | 165.0  |            |   |   | 7.5 |   |   | 4.5 | % |
| Operating expenses                                       |                                             | 165.5  |   |            |   | 144.8  |            |   |   | 20.7 |   |   | 14.3 | % |
| Broker-dealer commission expense                    |                                             | 58.6   |   |            |   | 95.7   |            |   |   | (37.1 | ) |   | (38.8 | )% |
| Net amortization of deferred policy  |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| acquisition costs and value               |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |
| of business acquired                                |                                             | 18.3   |   |            |   | 146.8  |            |   |   | (128.5 | ) |   | (87.5 | )% |
|    Interest expense                       |                                             | 0.8    |   |            |   | 0.3    |            |   |   | 0.5 |   |   | NM |   |
| Total benefits and expenses                    |                                             | 415.7  |   |            |   | 552.6  |            |   |   | (136.9 | ) |   | (24.8 | )% |
| Income before income taxes                |                                             | 104.9  |   |            |   | 36.3   |            |   |   | 68.6 |   |   | NM |   |
| Income tax expense (benefit)                   |                                             | 14.0   |   |            |   | (4.0   | )               |   |   | 18.0 |   |   | NM |   |
| Net income                                               | $                                                | 90.9   |   |            | $      | 40.3   |            |   | $ | 50.6 |   |   | NM |   |
| Effective tax rate                                  |                                             | 13.3   | %      |            |   | (11.0  | )%              |   |   |   |   |   |   |   |
| NM - Not meaningful.                           |                                             |   |   |            |   |   |            |   |   |   |   |   |   |   |

----

----

|                                              |   | 2010                |     |   | 2009   |   |
|---------------------------------------------------|--------|---------------------|----------|--------|--------|--------|
|                                              |   | Carrying Value |     |   | %      |   |   | Carrying Value |   |   | % |   |
| Fixed maturities, available-for-sale,   |   |                |     |   |   |   |   |   |   |   |   |   |
| including securities pledged            |   | $                   | 15,603.4 |   |   |   | 80.4 | % |   | $ | 15,655.3 |   |   |   | 79.2 | % |
| Equity securities, available-for-sale   |   |                | 200.8    |   |   |   | 1.0 | % |   |   | 187.9 |   |   |   | 1.0 | % |
| Short-term investments                       |   |                | 292.4    |   |   |   | 1.5 | % |   |   | 535.5 |   |   |   | 2.7 | % |
| Mortgage loans on real estate |   |                | 1,834.0  |   |   |   | 9.5 | % |   |   | 1,874.5 |   |   |   | 9.5 | % |
| Policy loans                                 |   |                | 252.1    |   |   |   | 1.3 | % |   |   | 254.7 |   |   |   | 1.3 | % |
| Loan-Dutch State obligation             |   |                | 630.8    |   |   |   | 3.3 | % |   |   | 674.1 |   |   |   | 3.4 | % |
| Limited partnerships/corporations            |   |                | 417.4    |   |   |   | 2.2 | % |   |   | 426.2 |   |   |   | 2.2 | % |
| Derivatives                                       |   |                | 157.0    |   |   |   | 0.8 | % |   |   | 129.0 |   |   |   | 0.7 | % |
| Total investments                            |   | $                   | 19,387.9 |   |   |   | 100.0 | % |   | $ | 19,737.2 |   |   |   | 100.0 | % |

----

|                                                                                                                                                                                              |   |      |     |   | Gross      |    |   | Gross      |   |    |    |   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|----------|--------|------------|---------|--------|------------|--------|---------|---------|--------|--------|
|                                                                                                                                                                                              |   |      |     |   | Unrealized |    |   | Unrealized |   |    |    |   |   |
|                                                                                                                                                                                              |   | Amortized |     |   | Capital    |    |   | Capital    |   |    |    |   | Fair   |
|                                                                                                                                                                                              |   | Cost      |     |   | Gains      |    |   | Losses     |   |    | OTTI(2) |   | Value  |
| Fixed maturities:                                                                                                                                                                            |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|     U.S. Treasuries                                                                                                                                                      |   | $         | 1,050.8  |   |       | $       | 3.2    |       |   | $       | 35.8    |   |   | $ | - |   | $ | 1,018.2 |
|     U.S. government agencies and       authorities                                                                                                        |   |      | 622.5    |   |       |    | 43.8   |       |   |    | -       |   |   |   | - |   |   | 666.3 |
|          State, municipalities, and political                                                                                                                  |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|         subdivisions                                                                                                                                      |   |      | 112.2    |   |       |    | 3.5    |       |   |    | 6.9     |   |   |   | - |   |   | 108.8 |
|                                                                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|     U.S. corporate securities:                                                                                                                                      |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|         Public utilities                                                                                                                             |   |      | 1,196.3  |   |       |    | 45.6   |       |   |    | 9.9     |   |   |   | - |   |   | 1,232.0 |
|         Other corporate securities                                                                                                              |   |      | 4,787.4  |   |       |    | 310.2  |       |   |    | 38.1    |   |   |   | 0.6 |   |   | 5,058.9 |
|                                                                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|     Total U.S. corporate securities                                                                                                                            |   |      | 5,983.7  |   |       |    | 355.8  |       |   |    | 48.0    |   |   |   | 0.6 |   |   | 6,290.9 |
|                                                                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|                                                                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|     Foreign securities(1):                                                                                                                                               |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|         Government                                                                                                                                        |   |      | 459.8    |   |       |    | 32.2   |       |   |    | 6.3     |   |   |   | - |   |   | 485.7 |
|         Other                                                                                                                                             |   |      | 3,177.3  |   |       |    | 160.5  |       |   |    | 31.8    |   |   |   | 0.1 |   |   | 3,305.9 |
|                                                                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|      Total foreign securities                                                                                                                                  |   |      | 3,637.1  |   |       |    | 192.7  |       |   |    | 38.1    |   |   |   | 0.1 |   |   | 3,791.6 |
|                                                                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|      Residential mortgage-backed securities                                                                                                                    |   |      | 1,858.1  |   |       |    | 264.7  |       |   |    | 81.3    |   |   |   | 17.6 |   |   | 2,023.9 |
|      Commercial mortgage-backed securities                                                                                                                     |   |      | 1,315.5  |   |       |    | 30.9   |       |   |    | 143.9   |   |   |   | - |   |   | 1,202.5 |
|      Other asset-backed securities                                                                                                                             |   |      | 603.3    |   |       |    | 13.1   |       |   |    | 84.4    |   |   |   | 30.8 |   |   | 501.2 |
|                                                                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|      Total fixed maturities, including                                                                                                               |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
|                securities pledged                                                                                                               |   |      | 15,183.2 |   |       |    | 907.7  |       |   |    | 438.4   |   |   |   | 49.1 |   |   | 15,603.4 |
|       Less: securities pledged                                                                                                                            |   |      | 360.7    |   |       |    | 12.2   |       |   |    | 9.5     |   |   |   | - |   |   | 363.4 |
|                                                                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
| Total fixed maturities                                                                                                                                                                  |   |  $   | 14,822.5 |   |       |  $ | 895.5  |       |   |  $ | 428.9   |   |   |  $ | 49.1 |   |  $ | 15,240.0 |
| (1)Primarily U.S. dollar denominated.                                                                                                                                              |   |      |     |   |       |    |   |       |   |    |    |   |   |   |   |   |   |   |
| (2)Represents other-than-temporary impairments reported as a component of Other comprehensive income ("noncredit impairments”). |

----

|                                                                                                                                                                                                    |   |      |     | Gross      |    | Gross      |   |    |   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|----------|------------|---------|------------|--------|---------|--------|--------|
|                                                                                                                                                                                                    |   |      |     | Unrealized |    | Unrealized |   |    |   |   |
|                                                                                                                                                                                                    |   | Amortized |     | Capital    |    | Capital    |   |    |   | Fair   |
|                                                                                                                                                                                                    |   | Cost      |     | Gains      |    | Losses     |   | OTTI(2) |   | Value  |
| Fixed maturities:                                                                                                                                                                                  |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|     U.S. Treasuries                                                                                                                                                            |   | $         | 1,897.2  |       | $       | 3.0        |   | $       | 38.3   |   | $ | - |   | $ | 1,861.9 |
|     U.S. government agencies and                                                                                                                                |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|         authorities                                                                                                                                             |   |      | 632.5    |       |    | 41.1       |   |    | -      |   |   | - |   |   | 673.6 |
|     State, municipalities, and political                                                                                                                        |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|         subdivisions                                                                                                                                            |   |      | 112.5    |       |    | 2.5        |   |    | 7.8    |   |   | - |   |   | 107.2 |
|                                                                                                                                                                                                    |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|      U.S. corporate securities:                                                                                                                                      |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|          Public utilities                                                                                                                             |   |      | 1,138.7  |       |    | 40.8       |   |    | 14.3   |   |   | - |   |   | 1,165.2 |
|          Other corporate securities                                                                                                              |   |      | 4,366.5  |       |    | 267.4      |   |    | 63.2   |   |   | 0.6 |   |   | 4,570.1 |
|      Total U.S. corporate securities                                                                                                                            |   |      | 5,505.2  |       |    | 308.2      |   |    | 77.5   |   |   | 0.6 |   |   | 5,735.3 |
|                                                                                                                                                                                                    |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|      Foreign securities(1):                                                                                                                                               |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|          Government                                                                                                                                        |   |      | 343.0    |       |    | 29.2       |   |    | 8.7    |   |   | - |   |   | 363.5 |
|          Other                                                                                                                                             |   |      | 2,922.5  |       |    | 129.0      |   |    | 56.6   |   |   | 0.1 |   |   | 2,994.8 |
|      Total foreign securities                                                                                                                                        |   |      | 3,265.5  |       |    | 158.2      |   |    | 65.3   |   |   | 0.1 |   |   | 3,358.3 |
|                                                                                                                                                                                                    |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|      Residential mortgage-backed securities                                                                                                                          |   |      | 1,916.6  |       |    | 268.3      |   |    | 111.9  |   |   | 16.8 |   |   | 2,056.2 |
|      Commercial mortgage-backed securities                                                                                                                           |   |      | 1,535.0  |       |    | 10.4       |   |    | 214.3  |   |   | - |   |   | 1,331.1 |
|      Other asset-backed securities                                                                                                                                   |   |      | 657.4    |       |    | 9.8        |   |    | 106.3  |   |   | 29.2 |   |   | 531.7 |
|                                                                                                                                                                                                    |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|      Total fixed maturities, including                                                                                                                     |   |      |     |       |    |       |   |    |   |   |   |   |   |   |   |
|           securities pledged                                                                                                                     |   |      | 15,521.9 |       |    | 801.5      |   |    | 621.4  |   |   | 46.7 |   |   | 15,655.3 |
|       Less: securities pledged                                                                                                                                  |   |      | 483.7    |       |    | 4.3        |   |    | 18.2   |   |   | - |   |   | 469.8 |
| Total fixed maturities                                                                                                                                                                        |   |  $   | 15,038.2 |       |  $ | 797.2      |   |  $ | 603.2  |   |  $ | 46.7 |   |  $ | 15,185.5 |
| (1) Primarily U.S. dollar denominated.                                                                                                                                              |
| (2) Represents other-than-temporary impairments reported as a component of Other comprehensive income ("noncredit impairments”). |

----

|                  |   | 2010                                                                                                                                                                         |     |
|-----------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|
|                  |   | Fair                                                                                                                                                                         |     |   | % of |   |   | Amortized |   |   | % of |   |
|                  |   | Value                                                                                                                                                                        |     |   | Total |   |   | Cost |   |   | Total |   |
| AAA                   |   | $                                                                                                                                                                            | 4,544.4  |   |   |   | 29.2 | % |   | $ | 4,324.7 |   |   |   | 28.5 | % |
| AA                    |   |                                                                                                                                                                         | 962.1    |   |   |   | 6.2 | % |   |   | 953.6 |   |   |   | 6.3 | % |
| A                     |   |                                                                                                                                                                         | 3,946.4  |   |   |   | 25.3 | % |   |   | 3,829.9 |   |   |   | 25.2 | % |
| BBB                   |   |                                                                                                                                                                         | 5,123.9  |   |   |   | 32.8 | % |   |   | 4,935.2 |   |   |   | 32.5 | % |
| BB                    |   |                                                                                                                                                                         | 598.8    |   |   |   | 3.8 | % |   |   | 624.2 |   |   |   | 4.1 | % |
| B and below |   |                                                                                                                                                                         | 427.8    |   |   |   | 2.7 | % |   |   | 515.6 |   |   |   | 3.4 | % |
| Total                 |   | $                                                                                                                                                                            | 15,603.4 |   |   |   | 100.0 | % |   | $ | 15,183.2 |   |   |   | 100.0 | % |
|                  |   |                                                                                                                                                                         |     |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                  |   |                                                                                                                                                                         |     |
|                  |   |  2009                                                                                                                                                                   |     |
|                  |   |                             Fair |     | % of |   |   | Amortized |   |   | % of |   |
|                  |   | Value                                                                                                                                                                        |     |   | Total |   |   | Cost |   |   | Total |   |
| AAA                   |   | $                                                                                                                                                                            | 5,626.6  |   |   |   | 35.9 | % |   | $ | 5,488.6 |   |   |   | 35.3 | % |
| AA                    |   |                                                                                                                                                                         | 961.9    |   |   |   | 6.1 | % |   |   | 987.2 |   |   |   | 6.4 | % |
| A                     |   |                                                                                                                                                                         | 3,514.8  |   |   |   | 22.5 | % |   |   | 3,458.7 |   |   |   | 22.3 | % |
| BBB                   |   |                                                                                                                                                                         | 4,606.1  |   |   |   | 29.4 | % |   |   | 4,493.6 |   |   |   | 29.0 | % |
| BB                    |   |                                                                                                                                                                         | 558.6    |   |   |   | 3.6 | % |   |   | 613.5 |   |   |   | 4.0 | % |
| B and below |   |                                                                                                                                                                         | 387.3    |   |   |   | 2.5 | % |   |   | 480.3 |   |   |   | 3.0 | % |
| Total                 |   | $                                                                                                                                                                            | 15,655.3 |   |   |   | 100.0 | % |   | $ | 15,521.9 |   |   |   | 100.0 | % |

|                                                          |   | 2010   |     |
|---------------------------------------------------------------|--------|--------|----------|
|                                                          |   | Fair   |     |   | % of |   |   | Amortized |   |   | % of |   |
|                                                          |   | Value  |     |   | Total |   |   | Cost |   |   | Total |   |
| U.S. Treasuries                                          |   | $      | 1,018.2  |   |   |   | 6.5 | % |   | $ | 1,050.8 |   |   |   | 6.9 | % |
| U.S. government agencies and authorities  |   |   | 666.3    |   |   |   | 4.3 | % |   |   | 622.5 |   |   |   | 4.1 | % |
| U.S. corporate, state, and municipalities |   |   | 6,399.7  |   |   |   | 41.0 | % |   |   | 6,095.9 |   |   |   | 40.1 | % |
| Foreign                                                       |   |   | 3,791.6  |   |   |   | 24.3 | % |   |   | 3,637.1 |   |   |   | 24.0 | % |
| Residential mortgage-backed                              |   |   | 2,023.9  |   |   |   | 13.0 | % |   |   | 1,858.1 |   |   |   | 12.2 | % |
| Commercial mortgage-backed                               |   |   | 1,202.5  |   |   |   | 7.7 | % |   |   | 1,315.5 |   |   |   | 8.7 | % |
| Other asset-backed                                       |   |   | 501.2    |   |   |   | 3.2 | % |   |   | 603.3 |   |   |   | 4.0 | % |
| Total                                                         |   | $      | 15,603.4 |   |   |   | 100.0 | % |   | $ | 15,183.2 |   |   |   | 100.0 | % |

----

|                                                          |   | 2009   |     |
|---------------------------------------------------------------|--------|--------|----------|
|                                                          |   | Fair   |     |   | % of |   |   | Amortized |   |   | % of |   |
|                                                          |   | Value  |     |   | Total |   |   | Cost |   |   | Total |   |
| U.S. Treasuries                                          |   | $      | 1,861.9  |   |   |   | 11.9 | % |   | $ | 1,897.2 |   |   |   | 12.2 | % |
| U.S. government agencies and authorities  |   |   | 673.6    |   |   |   | 4.3 | % |   |   | 632.5 |   |   |   | 4.1 | % |
| U.S. corporate, state, and municipalities |   |   | 5,842.5  |   |   |   | 37.3 | % |   |   | 5,617.7 |   |   |   | 36.3 | % |
| Foreign                                                       |   |   | 3,358.3  |   |   |   | 21.5 | % |   |   | 3,265.5 |   |   |   | 21.0 | % |
| Residential mortgage-backed                              |   |   | 2,056.2  |   |   |   | 13.1 | % |   |   | 1,916.6 |   |   |   | 12.3 | % |
| Commercial mortgage-backed                               |   |   | 1,331.1  |   |   |   | 8.5 | % |   |   | 1,535.0 |   |   |   | 9.9 | % |
| Other asset-backed                                       |   |   | 531.7    |   |   |   | 3.4 | % |   |   | 657.4 |   |   |   | 4.2 | % |
| Total                                                         |   | $      | 15,655.3 |   |   |   | 100.0 | % |   | $ | 15,521.9 |   |   |   | 100.0 | % |

|                                                                     |   | Amortized |     |   | Fair   |
|--------------------------------------------------------------------------|--------|-----------|----------|--------|--------|
|                                                                     |   | Cost      |     |   | Value  |
| One year or less                                          |   | $         | 214.2    |   |   | $ | 216.1 |
| After one year through five years               |   |      | 3,861.4  |   |   |   | 4,094.4 |
| After five years through ten years              |   |      | 3,938.7  |   |   |   | 4,140.7 |
| After ten years                                                |   |      | 3,392.0  |   |   |   | 3,424.6 |
| Mortgage-backed securities                                          |   |      | 3,173.6  |   |   |   | 3,226.4 |
| Other asset-backed securities                                  |   |      | 603.3    |   |   |   | 501.2 |
| Less: securities pledged                                       |   |      | 360.7    |   |   |   | 363.4 |
| Fixed maturities, excluding securities pledged  |   | $         | 14,822.5 |   |   | $ | 15,240.0 |

----

| 2010                               |   | 2009    |
|------------------------------------|--------|---------|
| % of Total Subprime |   |    |   |   |   | % of Total Subprime |   |   |   |   |
| Mortgage-backed                    |   |    |   |   |   | Mortgage-backed |   |   |   |   |
| Securities                         |   | Vintage |   | Securities |   | Vintage |
| AAA                                |   | 39.4%   |   | 2007 |   | 27.6% |   | AAA |   | 42.2% |   | 2007 |   | 28.3% |
| AA                                 |   | 14.2%   |   | 2006 |   | 23.9% |   | AA |   | 16.0% |   | 2006 |   | 24.4% |
| A                                  |   | 2.3%    |   | 2005 and prior |   | 48.5% |   | A |   | 4.6% |   | 2005 and prior |   | 47.3% |
| BBB                                |   | 3.7%    |   |   |   | 100.0% |   | BBB |   | 1.7% |   |   |   | 100.0% |
| BB and below             |   | 40.4%   |   |   |   |   |   | BB and below |   | 35.5% |   |   |   |   |
|                               |   | 100.0%  |   |   |   |   |   |   |   | 100.0% |   |   |   |   |

----

| 2010                                  |   | 2009    |
|---------------------------------------|--------|---------|
| % of Total Alt-A  |   |    |   |   |   | % of Total Alt-A  |   |   |   |   |
| Mortgage-backed                       |   |    |   |   |   | Mortgage-backed |   |   |   |   |
| Securities                            |   | Vintage |   | Securities |   | Vintage |
| AAA                                   |   | 33.2%   |   | 2007 |   | 10.5% |   | AAA |   | 37.5% |   | 2007 |   | 11.3% |
| AA                                    |   | 3.4%    |   | 2006 |   | 28.5% |   | AA |   | 1.4% |   | 2006 |   | 29.1% |
| A                                     |   | 0.4%    |   | 2005 and prior |   | 61.0% |   | A |   | 1.7% |   | 2005 and prior |   | 59.6% |
| BBB                                   |   | 5.0%    |   |   |   | 100.0% |   | BBB |   | 8.0% |   |   |   | 100.0% |
| BB and below                |   | 58.0%   |   |   |   |   |   | BB and below |   | 51.4% |   |   |   |   |
|                                  |   | 100.0%  |   |   |   |   |   |   |   | 100.0% |   |   |   |   |

----

| 2010                           |   | 2009    |
|--------------------------------|--------|---------|
| % of Total CMBS |   | Vintage |   | % of Total CMBS |   | Vintage |
| AAA                            |   | 69.2%   |   | 2008 |   | 0.4% |   | AAA |   | 73.6% |   | 2008 |   | 0.4% |
| AA                             |   | 1.8%    |   | 2007 |   | 22.7% |   | AA |   | 2.3% |   | 2007 |   | 21.9% |
| A                              |   | 19.3%   |   | 2006 |   | 15.6% |   | A |   | 16.6% |   | 2006 |   | 16.5% |
| BBB                            |   | 6.0%    |   | 2005 and prior | 61.3% |   | BBB |   | 3.8% |   | 2005 and prior | 61.2% |
| BB and below         |   | 3.7%    |   |   |   | 100.0% |   |   |   | 3.7% |   |   |   | 100.0% |
|                           |   | 100.0%  |   |   |   |   |   |   |   | 100.0% |   |   |   |   |

| 2010                                     |   | 2009    |
|------------------------------------------|--------|---------|
| % of Total other ABS |   | Vintage |   | % of Total other ABS |   | Vintage |
| AAA                                      |   | 54.5%   |   | 2008 |   | 6.6% |   | AAA |   | 56.3% |   | 2008 |   | 5.9% |
| AA                                       |   | 0.7%    |   | 2007 |   | 11.3% |   | AA |   | 7.2% |   | 2007 |   | 13.9% |
| A                                        |   | 18.9%   |   | 2006 |   | 31.0% |   | A |   | 18.0% |   | 2006 |   | 29.8% |
| BBB                                      |   | 24.3%   |   | 2005 and prior |   | 51.1% |   | BBB |   | 17.0% |   | 2005 and prior |   | 50.4% |
| BB and below                   |   | 1.6%    |   |   |   | 100.0% |   | BB and below |   | 1.5% |   |   |   | 100.0% |
|                                     |   | 100.0%  |   |   |   |   |   |   |   | 100.0% |   |   |   |   |

----

|                                                                                                               |                |                                                                      |                                                                                                 |   |                                                                      | 2010(1)                                                                                              |   | 2009(1) |
|--------------------------------------------------------------------------------------------------------------------|---------------------|---------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------|--------|---------|
| Loan to Value Ratio:                                                                                |                |                                                                      |                                                                                                 |   |                                                                      |
|                                                                                                               | 0% - 50%  | $                                                                         |              530.3             |   | $                                                                         |              569.0             |
|                                                                                                               | 50% - 60% |                                                                      |              567.2             |   |                                                                      |              562.9             |
|                                                                                                               | 60% - 70% |                                                                      |              589.1             |   |                                                                      |              593.6             |
|                                                                                                               | 70% - 80% |                                                                      |              128.9             |   |                                                                      |              130.4             |
|                                                                                                               | 80% - 90% |                                                                      |                20.2  |   |                                                                      |                20.6  |
| Total Commercial Mortgage Loans                                                                     | $                   |           1,835.7  |                                                                                                 | $      |           1,876.5  |
| (1)Balances do not include allowance for mortgage loan credit losses. |                |                                                                      |                                                                                                 |   |                                                                      |

|                                           |                                                                                                                               |                                                                      |                                                                                      |   |                                                                      | 2010(1)(2)                                                                                |   | 2009(1)(2) |
|------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------|-------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------|-------------------------------------------------------------------------------------------|--------|------------|
| Debt Service Coverage Ratio:    |                                                                                                                               |                                                                      |                                                                                      |   |                                                                      |
|                                           | Greater than 1.5x                                                                                                        | $                                                                         |           1,225.0                  |   | $                                                                         |           1,233.9                  |
|                                           | 1.25x - 1.5x                                                                                                             |                                                                      |              212.8  |   |                                                                      |              229.6  |
|                                           | 1.0x - 1.25x                                                                                                             |                                                                      |              150.9  |   |                                                                      |              152.6  |
|                                           | Less than 1.0x                                                                                                           |                                                                      |              190.5  |   |                                                                      |              195.4  |
| Total Commercial Mortgage Loans | $                                                                                                                                  |           1,779.2  |                                                                                      | $      |           1,811.5  |
| (1)                                            | Balances do not include allowance for mortgage loan credit losses.                    |                                                                      |                                                                                      |   |                                                                      |                                                                                      |
| (2)                                            | Excludes mortgages that are secured by loans on land or construction deals. |                                                                      |                                                                                      |   |                                                                      |                                                                                      |

----

|                                                                                                               |   | 2010(1)             |    |   | 2009(1)   |   |
|--------------------------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|-----------|--------|
|                                                                                                               |   | Gross               |    |   | % of |   |   | Gross |   |   | % of |   |
|                                                                                                               |   | Carrying Value |    |   | Total     |   |   | Carrying Value |   |   | Total |   |
| Commercial Mortgage Loans                                                                           |   |                |    |   |      |   |   |   |   |   |   |   |
| by US Region:                                                                                            |   |                |    |   |      |   |   |   |   |   |   |   |
|  Pacific                                                                                                      |   | $                   | 377.3   |   |      |   | 20.7 | % |   | $ | 372.2 |   |   |   | 19.8 | % |
|  South Atlantic                                                                                          |   |                | 303.2   |   |      |   | 16.5 | % |   |   | 308.3 |   |   |   | 16.5 | % |
|  Middle Atlantic                                                                                         |   |                | 360.2   |   |      |   | 19.6 | % |   |   | 394.1 |   |   |   | 21.0 | % |
|  East North Central                                                                                 |   |                | 142.0   |   |      |   | 7.7 | % |   |   | 143.0 |   |   |   | 7.6 | % |
|  West South Central                                                                                 |   |                | 281.7   |   |      |   | 15.3 | % |   |   | 283.5 |   |   |   | 15.1 | % |
|  Mountain                                                                                                     |   |                | 155.6   |   |      |   | 8.5 | % |   |   | 158.0 |   |   |   | 8.4 | % |
|  New England                                                                                             |   |                | 95.9    |   |      |   | 5.2 | % |   |   | 96.3 |   |   |   | 5.1 | % |
|  West North Central                                                                                 |   |                | 52.1    |   |      |   | 2.8 | % |   |   | 52.6 |   |   |   | 2.8 | % |
|  East South Central                                                                                 |   |                | 67.7    |   |      |   | 3.7 | % |   |   | 68.5 |   |   |   | 3.7 | % |
| Total Commercial Mortgage Loans                                                                     |   | $                   | 1,835.7 |   |      |   | 100.0 | % |   | $ | 1,876.5 |   |   |   | 100.0 | % |
| (1)Balances do not include allowance for mortgage loan credit losses. |   |                |    |   |      |   |   |   |   |   |   |   |   |

|                                                                                                               |   | 2010(1)             |    |   | 2009(1)   |   |
|--------------------------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|-----------|--------|
|                                                                                                               |   | Gross               |    |   | % of |   |   | Gross |   |   | % of |   |
|                                                                                                               |   | Carrying Value |    |   | Total     |   |   | Carrying Value |   |   | Total |   |
| Commercial Mortgage Loans                                                                           |   |                |    |   |      |   |   |   |   |   |   |   |
| by Property Type:                                                                                        |   |                |    |   |      |   |   |   |   |   |   |   |
| Industrial                                                                                                         |   | $                   | 623.5   |   |      |   | 34.0 | % |   | $ | 628.1 |   |   |   | 33.5 | % |
|     Retail                                                                                     |   |                | 381.8   |   |      |   | 20.8 | % |   |   | 378.1 |   |   |   | 20.1 | % |
| Office                                                                                                             |   |                | 306.0   |   |      |   | 16.7 | % |   |   | 325.0 |   |   |   | 17.3 | % |
| Apartments                                                                                                         |   |                | 259.7   |   |      |   | 14.1 | % |   |   | 261.2 |   |   |   | 13.9 | % |
| Hotel/Motel                                                                                                        |   |                | 154.8   |   |      |   | 8.4 | % |   |   | 156.1 |   |   |   | 8.3 | % |
|    Other                                                                                            |   |                | 109.9   |   |      |   | 6.0 | % |   |   | 128.0 |   |   |   | 6.9 | % |
| Total Commercial Mortgage Loans                                                                     |   | $                   | 1,835.7 |   |      |   | 100.0 | % |   | $ | 1,876.5 |   |   |   | 100.0 | % |
| (1)Balances do not include allowance for mortgage loan credit losses. |   |

|                                                                                                               |   | 2010(1) |    |   | 2009(1) |   |
|--------------------------------------------------------------------------------------------------------------------|--------|---------|---------|--------|---------|--------|
| Year of Origination:                                                                                     |   |    |    |   |    |   |
| 2010                                                                                                               |   | $       | 24.9    |   |    | $      | - |   |
| 2009                                                                                                               |   |    | 66.6    |   |    |   | 69.2 |   |
| 2008                                                                                                               |   |    | 154.3   |   |    |   | 155.3 |   |
| 2007                                                                                                               |   |    | 225.4   |   |    |   | 241.3 |   |
| 2006                                                                                                               |   |    | 600.7   |   |    |   | 639.8 |   |
| 2005                                                                                                               |   |    | 287.5   |   |    |   | 291.1 |   |
| 2004 and prior                                                                                           |   |    | 476.3   |   |    |   | 479.8 |   |
| Total Commercial Mortgage Loans                                                                     |   | $       | 1,835.7 |   |    | $      | 1,876.5 |   |
| (1)Balances do not include allowance for mortgage loan credit losses. |   |    |    |   |    |   |   |   |

----

|                                                         |   | 2010                         |   |              | 2009   |
|--------------------------------------------------------------|--------|------------------------------|--------|-------------------|--------|
|                                                         |   |                         |   | % of IG |   |   |   |   | % of IG |   |   |   |   | % of IG |   |   |   |   | % of IG |
|                                                         |   | IG                           |   | and BIG      |   |   | BIG |   | and BIG |   |   | IG |   | and BIG |   |   | BIG |   | and BIG |
| Six months or less                            |   |                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      below amortized cost | $      |    72.8  |   | 15.0%             |   | $ |       6.5  |   | 1.3% |   | $ |      105.5  |   | 15.7% |   | $ |        18.5  |   | 2.8% |
| More than six months and                 |   |                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     twelve months or less |   |                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     below amortized cost       |   |    44.5  |   | 9.1%              |   |   |     44.8  |   | 9.2% |   |   |        44.0  |   | 6.6% |   |   |        37.9  |   | 5.7% |
| More than twelve months                       |   |                         |   |              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     below amortized cost       |   |  168.4             |   | 34.5%             |   |   |   150.5  |   | 30.9% |   |   |      300.8  |   | 45.0% |   |   |      161.4  |   | 24.2% |
| Total unrealized capital loss                 | $      |  285.7             |   | 58.6%             |   | $ |   201.8  |   | 41.4% |   | $ |      450.3  |   | 67.3% |   | $ |      217.8  |   | 32.7% |

|                                                 |            |    | More than           |   |               |   |       |
|------------------------------------------------------|-----------------|---------|--------------------------|--------|--------------------|--------|------------|
|                                                 | Six Months |    | Six Months and |   |               |   |       |
|                                                 | or Less    |    | Twelve Months       |   | More than     |   | Total      |
|                                                 | Below           |    | or Less Below  |   | Twelve Months |   | Unrealized |
|                                                 | Amortized       |    | Amortized                |   | Below              |   | Capital    |
| 2010                                                 | Cost            |    | Cost                     |   | Cost               |   | Losses     |
| Interest rate or spread widening | $               | 70.6    |                     | $      | 16.3               |   | $          | 42.6 |   | $ | 129.5 |
| Mortgage and other asset-backed  |            |    |                     |   |               |   |       |   |   |   |   |
|     securities                   |            | 8.7     |                     |   | 73.0               |   |       | 276.3 |   |   | 358.0 |
| Total unrealized capital losses       | $               | 79.3    |                     | $      | 89.3               |   | $          | 318.9 |   | $ | 487.5 |
| Fair value                                      | $               | 2,481.8 |                     | $      | 290.7              |   | $          | 1,479.2 |   | $ | 4,251.7 |
|                                                 |            |    |                     |   |               |   |       |   |   |   |   |
| 2009                                                 |            |    |                     |   |               |   |       |   |   |   |   |
| Interest rate or spread widening | $               | 75.9    |                     | $      | 35.2               |   | $          | 78.5 |   | $ | 189.6 |
| Mortgage and other asset-backed  |            |    |                     |   |               |   |       |   |   |   |   |
|     securities                   |            | 48.1    |                     |   | 46.7               |   |       | 383.7 |   |   | 478.5 |
| Total unrealized capital losses       | $               | 124.0   |                     | $      | 81.9               |   | $          | 462.2 |   | $ | 668.1 |
| Fair value                                      | $               | 2,901.8 |                     | $      | 212.6              |   | $          | 2,127.2 |   | $ | 5,241.6 |

----

|                                                                |                              |    |   |                           |       |   | More Than Six     |   |   |                       |   |       |            |   |   |              |   |    |            |
|---------------------------------------------------------------------|-----------------------------------|---------|--------|--------------------------------|------------|--------|-----------------------------|--------|--------|----------------------------|--------|------------|-----------------|--------|--------|-------------------|--------|---------|-----------------|
|                                                                |                              |    |   |                           |       |   | Months and Twelve |   |   | More Than Twelve |   |       |            |   |   |              |
|                                                                | Six Months or Less |    |   | Months or Less       |       |   | Months Below           |   |   |                       |   |       |            |
|                                                                | Below Amortized Cost    |    |   | Below Amortized Cost |       |   | Amortized Cost         |   |   | Total                      |
|                                                                |                              |    |   |                           | Unrealized |   |                        |   |   |                       |   | Unrealized |            |   |   |              |   |    | Unrealized      |   |   |   |   |   |   | Unrealized |
|                                                                | Fair Value                   |    |   | Capital Loss              |       |   | Fair Value             |   |   | Capital Loss          |   |       | Fair Value |   |   | Capital Loss |   |    | Fair Value |   |   | Capital Loss |
| 2010                                                                |                              |    |   |                           |       |   |                        |   |   |                       |   |       |            |   |   |              |   |    |            |   |   |   |   |   |   |   |   |   |   |   |
| U.S. Treasuries                                                | $                                 | 727.0   |   |                           | $          | 35.8   |                        |   | $      | -                          |   |       | $               | -      |   |              | $      | -       |            |   | $ | - |   |   | $ | 727.0 |   |   | $ | 35.8 |
| U.S. corporate,state, and      municipalities             |                              | 1,053.5 |   |                           |       | 17.4   |                        |   |   | 119.3                      |   |       |            | 8.5    |   |              |   | 290.4   |            |   |   | 29.6 |   |   |   | 1,463.2 |   |   |   | 55.5 |
|  Government agencies      and authorities            |                              | 4.2     |   |                           |       | -      |                        |   |   | -                          |   |       |            | -      |   |              |   | -       |            |   |   | - |   |   |   | 4.2 |   |   |   | - |
| Foreign                                                             |                              | 623.2   |   |                           |       | 17.4   |                        |   |   | 36.6                       |   |       |            | 7.8    |   |              |   | 196.2   |            |   |   | 13.0 |   |   |   | 856.0 |   |   |   | 38.2 |
|  Residential      mortgage-backed                              |                              | 47.7    |   |                           |       | 6.8    |                        |   |   | 94.0                       |   |       |            | 35.5   |   |              |   | 329.6   |            |   |   | 56.6 |   |   |   | 471.3 |   |   |   | 98.9 |
|  Commercial      mortgage-backed                               |                              | 20.6    |   |                           |       | 0.7    |                        |   |   | 31.2                       |   |       |            | 33.2   |   |              |   | 410.8   |            |   |   | 110.0 |   |   |   | 462.6 |   |   |   | 143.9 |
| Other asset-backed                                             |                              | 5.6     |   |                           |       | 1.2    |                        |   |   | 9.6                        |   |       |            | 4.3    |   |              |   | 252.2   |            |   |   | 109.7 |   |   |   | 267.4 |   |   |   | 115.2 |
| Total                                                               | $                                 | 2,481.8 |   |                           | $          | 79.3   |                        |   | $      | 290.7                      |   |       | $               | 89.3   |   |              | $      | 1,479.2 |            |   | $ | 318.9 |   |   | $ | 4,251.7 |   |   | $ | 487.5 |
|                                                                |                              |    |   |                           |       |   |                        |   |   |                       |   |       |            |   |   |              |   |    |            |   |   |   |   |   |   |   |   |   |   |   |
| 2009                                                                |                              |    |   |                           |       |   |                        |   |   |                       |   |       |            |   |   |              |   |    |            |   |   |   |   |   |   |   |   |
| U.S. Treasuries                                                | $                                 | 1,002.1 |   |                           | $          | 38.3   |                        |   | $      | -                          |   |       | $               | -      |   |              | $      | -       |            |   | $ | - |   |   | $ | 1,002.1 |   |   | $ | 38.3 |
|  U.S. corporate,      state, and      municipalities |                              | 1,097.0 |   |                           |       | 22.7   |                        |   |   | 86.1                       |   |       |            | 14.9   |   |              |   | 381.2   |            |   |   | 48.3 |   |   |   | 1,564.3 |   |   |   | 85.9 |
| Foreign                                                             |                              | 528.6   |   |                           |       | 14.8   |                        |   |   | 40.0                       |   |       |            | 20.4   |   |              |   | 301.8   |            |   |   | 30.2 |   |   |   | 870.4 |   |   |   | 65.4 |
|  Residential      mortgage-backed                              |                              | 141.1   |   |                           |       | 45.4   |                        |   |   | 47.7                       |   |       |            | 4.2    |   |              |   | 425.3   |            |   |   | 79.1 |   |   |   | 614.1 |   |   |   | 128.7 |
|  Commercial      mortgage-backed                               |                              | 105.8   |   |                           |       | 1.2    |                        |   |   | 27.2                       |   |       |            | 35.7   |   |              |   | 757.1   |            |   |   | 177.4 |   |   |   | 890.1 |   |   |   | 214.3 |
| Other asset-backed                                             |                              | 27.2    |   |                           |       | 1.6    |                        |   |   | 11.6                       |   |       |            | 6.7    |   |              |   | 261.8   |            |   |   | 127.2 |   |   |   | 300.6 |   |   |   | 135.5 |
| Total                                                               | $                                 | 2,901.8 |   |                           | $          | 124.0  |                        |   | $      | 212.6                      |   |       | $               | 81.9   |   |              | $      | 2,127.2 |            |   | $ | 462.2 |   |   | $ | 5,241.6 |   |   | $ | 668.1 |

----

|                                                   |   | Amortized Cost |    |          | Unrealized Capital Loss | Number of Securities |
|--------------------------------------------------------|--------|---------------------|---------|---------------|-----------------------------------|--------------------------------|
|                                                   |   | < 20%       |    | > 20% |                              |                           | < 20% |   |   | > 20% | < 20% | > 20% |
| 2010                                              |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Six months or less                      |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   | $                   | 1,725.9 |          | $                                 | 39.1                           |   |   | $ | 70.3 |   |   | $ | 9.9 |   | 244 |   | 8 |
| More than six months and           |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         twelve months or less |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   |                | 1,018.8 |          |                              | 254.4                          |   |   |   | 47.9 |   |   |   | 122.3 |   | 178 |   | 82 |
| More than twelve months                 |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   |                | 1,205.3 |          |                              | 495.7                          |   |   |   | 52.9 |   |   |   | 184.2 |   | 106 |   | 110 |
| Total                                             |   | $                   | 3,950.0 |          | $                                 | 789.2                          |   |   | $ | 171.1 |   |   | $ | 316.4 |   | 528 |   | 200 |
|                                                   |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
| 2009                                         |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |
| Six months or less                      |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   | $                   | 3,652.0 |          | $                                 | 185.0                          |   |   | $ | 168.0 |   |   | $ | 60.7 |   | 377 |   | 98 |
| More than six months and           |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Twelve months or less                   |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   |                | 734.5   |          |                              | 247.0                          |   |   |   | 40.2 |   |   |   | 124.3 |   | 120 |   | 48 |
| More than twelve months                 |   |                |    |          |                              |                           |   |   |   |   |   |   |   |   |   |   |   |   |
|         below amortized cost       |   |                | 431.1   |          |                              | 660.1                          |   |   |   | 28.2 |   |   |   | 246.7 |   | 90 |   | 129 |
| Total                                                  |   |                | $       | 4,817.6       |                              | $                              | 1,092.1 |   |   | $ | 236.4 |   |   | $ | 431.7 |   | 587 |   | 275 |

----

|                                         | Amortized Cost |    | Unrealized Capital Loss |   | Number of Securities |
|----------------------------------------------|---------------------|---------|-----------------------------------|--------|--------------------------------|
|                                         | < 20%       |    | > 20%                     |   | < 20%                  |   | > 20% |   | < 20% |   | > 20% |
| 2010                                         |                |    |                              |   |                           |   |   |   |   |   |   |
| U.S. Treasuries                         | $                   | 762.8   |                              | $      | -                              |   | $ | 35.8 |   | $ | - |   | 7 |   | - |
| U.S. corporate, state and     |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
|     municipalities       |                | 1,465.8 |                              |   | 52.9                           |   |   | 42.2 |   |   | 13.3 |   | 228 |   | 9 |
| Government agencies                     |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
|     and authorities |                | 4.2     |                              |   | -                              |   |   | - |   |   | - |   | 1 |   | - |
| Foreign                                      |                | 866.4   |                              |   | 27.8                           |   |   | 29.6 |   |   | 8.6 |   | 108 |   | 10 |
| Residential mortgage-backed             |                | 361.5   |                              |   | 208.7                          |   |   | 33.2 |   |   | 65.7 |   | 114 |   | 80 |
| Commercial mortgage-backed              |                | 356.9   |                              |   | 249.6                          |   |   | 23.3 |   |   | 120.6 |   | 36 |   | 27 |
| Other asset-backed                      |                | 132.4   |                              |   | 250.2                          |   |   | 7.0 |   |   | 108.2 |   | 34 |   | 74 |
| Total                                        | $                   | 3,950.0 |                              | $      | 789.2                          |   | $ | 171.1 |   | $ | 316.4 |   | 528 |   | 200 |
|                                         |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
| 2009                                         |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
| U.S. Treasuries                         | $                   | 1,040.5 |                              | $      | -                              |   | $ | 38.3 |   | $ | - |   | 9 |   | - |
| U.S. corporate, state and     |                |    |                              |   |                           |   |   |   |   |   |   |   |   |   |   |
|     municipalities       |                | 1,532.2 |                              |   | 118.0                          |   |   | 53.5 |   |   | 32.4 |   | 256 |   | 23 |
| Foreign                                      |                | 830.0   |                              |   | 105.8                          |   |   | 31.7 |   |   | 33.7 |   | 111 |   | 22 |
| Residential mortgage-backed             |                | 522.0   |                              |   | 220.8                          |   |   | 55.1 |   |   | 73.6 |   | 115 |   | 109 |
| Commercial mortgage-backed              |                | 732.4   |                              |   | 372.0                          |   |   | 49.3 |   |   | 165.0 |   | 59 |   | 39 |
| Other asset-backed                      |                | 160.5   |                              |   | 275.5                          |   |   | 8.5 |   |   | 127.0 |   | 37 |   | 82 |
| Total                                        | $                   | 4,817.6 |                              | $      | 1,092.1                        |   | $ | 236.4 |   | $ | 431.7 |   | 587 |   | 275 |

----

----

|                                                       | Three Months Ended March 31, |
|------------------------------------------------------------|--------------------------------------------------|
|                                                       | 2010                                             |   | 2009 |
|                                                       |                                             |   | No. of |   |   |   | No. of |
|                                                       | Impairment                                       |   | Securities |   | Impairment |   | Securities |
| U.S. Treasuries                                       | $                                                | 1.7 |   | 1 |   | $ | 33.1 |   | 5 |
| Public utilities                                      |                                             | 0.7 |   | 3 |   |   | - |   | - |
| Other U.S. corporate                             |                                             | 3.3 |   | 7 |   |   | 23.5 |   | 38 |
| Foreign(1)                                                 |                                             | 13.2 |   | 6 |   |   | 26.3 |   | 22 |
| Residential mortgage-backed                           |                                             | 1.2 |   | 16 |   |   | 35.8 |   | 43 |
| Other asset-backed                                    |                                             | 6.1 |   | 14 |   |   | 14.5 |   | 15 |
| Limited partnerships                                  |                                             | - |   | - |   |   | 10.7 |   | 14 |
| Equity securities                                     |                                             | - |   | - |   |   | 15.5 |   | 6 |
| Mortgage loans on real estate          |                                             | 1.0 |   | 1 |   |   | - |   | - |
| Total                                                      | $                                                | 27.2 |   | 48 |   | $ | 159.4 |   | 143 |
| (1) Primarily U.S. dollar denominated. |                                             |   |   |   |   |   |   |   |   |

|                                                       | Three Months Ended March 31, |
|------------------------------------------------------------|--------------------------------------------------|
|                                                       | 2010                                             |   | 2009 |
|                                                       |                                             |   | No. of |   |   |   | No. of |
|                                                       | Impairment                                       |   | Securities |   | Impairment |   | Securities |
| U.S. Treasuries                                       | $                                                | 1.7 |   | 1 |   | $ | 33.1 |   | 5 |
| Public utilities                                      |                                             | 0.7 |   | 3 |   |   | - |   | - |
| Other U.S. corporate                             |                                             | 3.0 |   | 6 |   |   | 16.5 |   | 23 |
| Foreign(1)                                                 |                                             | 6.2 |   | 3 |   |   | 26.3 |   | 22 |
| Residential mortgage-backed                           |                                             | - |   | - |   |   | 22.5 |   | 8 |
| Other asset-backed                                    |                                             | - |   | - |   |   | 13.8 |   | 6 |
| Total                                                      | $                                                | 11.6 |   | 13 |   | $ | 112.2 |   | 64 |
| (1) Primarily U.S. dollar denominated. |                                             |   |   |   |   |   |   |   |   |

----

|                             |                                                                                                                                                                                                                                                                       |   | Three Months Ended |   |
|----------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|--------|
|                             |                                                                                                                                                                                                                                                                       |   | March 31, 2010*    |   |
|                             |                                                                                                                                                                                                                                                                       |   |                         |   | No. of |   |
|                             |                                                                                                                                                                                                                                                                       |   | Impairment                   |   | Securities |   |
| Residential mortgage-backed |                                                                                                                                                                                                                                                                       | $      | 2.3                          |   | 6 |   |
| Other asset-backed          |                                                                                                                                                                                                                                                                       |   | 5.4                          |   | 5 |   |
| Total                            |                                                                                                                                                                                                                                                                       | $      | 7.7                          |   | 11 |   |
| *                                | No amounts disclosed for three months ended March 31, 2009, as new guidance on OTTI, included in ASC Topic 320,      was adopted on April 1, 2009. |   |

|                                                                                                           |   | Three Months Ended March 31, |   |
|----------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|--------|
|                                                                                                           |   | 2010                                             |   |   | 2009 |   |
| Fixed maturities, available-for-sale, including net OTTI                         |   |                                             |   |   |   |   |
| of  $(26.2) and $(133.2) in 2010 and 2009, respectively           |   | $                                                | 13.5   |   |   | $ | 23.1 |   |
| Equity securities, available-for-sale, including net OTTI                        |   |                                             |   |   |   |   |   |   |
| of  $0 and $(15.5) in 2010 and 2009, respectively                 |   |                                             | 1.7    |   |   |   | (15.3 | ) |
| Derivatives                                                                                                    |   |                                             | (14.6  | ) |   |   | 45.1 |   |
| Other investments, including net OTTI of $(1.0) and $(10.7)       |   |                                             |   |   |   |   |   |   |
| in 2010 and 2009, respectively                                                             |   |                                             | 2.4    |   |   |   | (13.2 | ) |
| Less: allocation to experience-rated contracts, including                        |   |                                             |   |   |   |   |   |   |
| net OTTI of $(8.5) and $(76.4) in 2010 and 2009 respectively |   |                                             | (10.0  | ) |   |   | (12.8 | ) |
| Net realized capital gains                                                                      |   | $                                                | 13.0   |   |   | $ | 52.5 |   |
| After-tax net realized capital gains (losses) including tax valuation  |   |                                             |   |   |   |   |   |   |
| allowance of $20.8 and $13.0 for 2010 and 2009, respectively      |   | $                                                | 29.3   |   |   | $ | 47.1 |   |

----

----

|                                                                                                                                                                                                                                                                                                                 | 2010         |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|
|                                                                                                                                                                                                                                                                                                                 | Level 1 |   | Level 2 |   | Level 3(1) |   | Total |
| Assets:                                                                                                                                                                                                                                                                                                              |         |   |   |   |   |   |   |
|     Fixed maturities, available-for-sale,                                                                                                                                                                                                                                         |         |   |   |   |   |   |   |
|         including securities pledged:                                                                                                                                                                                                                              |         |   |   |   |   |   |   |
|                 U.S. Treasuries                                                                                                                                                                                                                                    |  $      | 964.5  |   |  $ | 53.7  |   |  $ | -  |   |  $  | 1,018.2  |
|            U.S. government agencies and authorities                                                                                                                                                                                       |         | - |   |   | 666.3 |   |   | - |   |   | 666.3 |
|            U.S. corporate, state and municipalities                                                                                                                                                                                       |         | - |   |   | 6,355.0 |   |   | 44.7 |   |   | 6,399.7 |
|            Foreign                                                                                                                                                                                                                                            |         | - |   |   | 3,761.8 |   |   | 29.8 |   |   | 3,791.6 |
|            Residential mortgage-backed securities                                                                                                                                                                                                   |         | - |   |   | 1,960.6 |   |   | 63.3 |   |   | 2,023.9 |
|            Commercial mortgage-backed securities                                                                                                                                                                                                    |         | - |   |   | 1,196.8 |   |   | 5.7 |   |   | 1,202.5 |
|            Other asset-backed securities                                                                                                                                                                                                            |         | - |   |   | 257.9 |   |   | 243.3 |   |   | 501.2 |
|     Equity securities, available-for-sale                                                                                                                                                                                                                                              |         | 149.4 |   |   | - |   |   | 51.4 |   |   | 200.8 |
|     Derivatives:                                                                                                                                                                                                                                                                                 |         |   |   |   |   |   |   |   |   |   |   |
|         Interest rate contracts                                                                                                                                                                                                                                    |         | 0.3 |   |   | 153.9 |   |   | - |   |   | 154.2 |
|         Foreign exchange contracts                                                                                                                                                                                                                                 |         | - |   |   | 1.5 |   |   | - |   |   | 1.5 |
|         Credit contracts                                                                                                                                                                                                                                                |         | - |   |   | 1.3 |   |   | - |   |   | 1.3 |
|     Cash and cash equivalents, short-term                                                                                                                                                                                                                                    |         |   |   |   |   |   |   |   |   |   |   |
|         investments, and short-term investments                                                                                                                                                                                                               |         |   |   |   |   |   |   |   |   |   |   |
|         under securities loan agreement                                                                                                                                                                                                                       |         | 791.8 |   |   | - |   |   | - |   |   | 791.8 |
|     Product guarantees                                                                                                                                                                                                                                                                      |         | - |   |   | - |   |   | 7.5 |   |   | 7.5 |
|     Assets held in separate accounts                                                                                                                                                                                                                                         |         | 36,904.8 |   |   | 6,379.0 |   |   | - |   |   | 43,283.8 |
| Total                                                                                                                                                                                                                                                                                                                | $            | 38,810.8 |   | $ | 20,787.8 |   | $ | 445.7 |   | $ | 60,044.3 |
|                                                                                                                                                                                                                                                                                                                 |         |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                                                                                                                                                                                                                                                                                                         |         |   |   |   |   |   |   |   |   |   |   |
|     Derivatives:                                                                                                                                                                                                                                                                                 |         |   |   |   |   |   |   |   |   |   |   |
|         Interest rate contracts                                                                                                                                                                                                                                    | $            | - |   | $ | 215.5 |   | $ | - |   | $ | 215.5 |
|         Foreign exchange contracts                                                                                                                                                                                                                                 |         | - |   |   | 37.3 |   |   | - |   |   | 37.3 |
|         Credit contracts                                                                                                                                                                                                                                                |         | - |   |   | 4.1 |   |   | 41.0 |   |   | 45.1 |
| Total                                                                                                                                                                                                                                                                                                                | $            | - |   | $ | 256.9 |   | $ | 41.0 |   | $ | 297.9 |
|  (1)  Level 3 net assets and liabilities accounted for 0.7% of total net assets and liabilities measured at fair value on a recurringbasis. Excluding separate accounts  |
|       assets for which the policyholder bears the risk, the Level 3 net assets and liabilities in      relation to total net assets and liabilities                      |
|       measured      at fair value on a recurring basis totaled 2.5%.                                                                                                                                                  |

----

|                                                                                                                                                                                                                                                                                                                             |   | 2009         |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|
|                                                                                                                                                                                                                                                                                                                             |   | Level 1 |   | Level 2 |   | Level 3(1) |   | Total |
| Assets:                                                                                                                                                                                                                                                                                                                          |   |         |   |   |   |   |   |   |
|      Fixed maturities, available-for-sale,                                                                                                                                                                                                                                               |   |         |   |   |   |   |   |   |
|          including securities pledged                                                                                                                                                                                                                                     |   | $            | 1,861.8 |   | $ | 12,320.6 |   | $ | 1,472.9 |   | $ | 15,655.3 |
|      Equity securities, available-for-sale                                                                                                                                                                                                                                                    |   |         | 148.1 |   |   | - |   |   | 39.8 |   |   | 187.9 |
|      Derivatives                                                                                                                                                                                                                                                                                        |   |         | - |   |   | 129.0 |   |   | - |   |   | 129.0 |
|      Cash and cash equivalents, short-term                                                                                                                                                                                                                                          |   |         |   |   |   |   |   |   |   |   |   |   |
|          investments, and short-term investments                                                                                                                                                                                                                     |   |         |   |   |   |   |   |   |   |   |   |   |
|          under securities loan agreement                                                                                                                                                                                                                             |   |         | 1,128.0 |   |   | 1.8 |   |   | - |   |   | 1,129.8 |
|       Assets held in separate accounts                                                                                                                                                                                                                                         |   |         | 34,936.7 |   |   | 6,433.1 |   |   | - |   |   | 41,369.8 |
| Total                                                                                                                                                                                                                                                                                                                            |   | $            | 38,074.6 |   | $ | 18,884.5 |   | $ | 1,512.7 |   | $ | 58,471.8 |
|                                                                                                                                                                                                                                                                                                                             |   |         |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                                                                                                                                                                                                                                                                                                                     |   |         |   |   |   |   |   |   |   |   |   |   |
|     Product guarantees                                                                                                                                                                                                                                                                                  |   | $            | - |   | $ | - |   | $ | 6.0 |   | $ | 6.0 |
|     Derivatives                                                                                                                                                                                                                                                                                              |   |         | - |   |   | 283.4 |   |   | 48.3 |   |   | 331.7 |
| Total                                                                                                                                                                                                                                                                                                                            |   | $            | - |   | $ | 283.4 |   | $ | 54.3 |   | $ | 337.7 |
|                                                                                                                                                                                                                                                                                                                   |   |         |   |   |   |   |   |   |   |   |   |
|  (1)  Level      3 net assets and liabilities accounted for 2.5% of total net assets and liabilities measured at fair value on a recurring basis. Excluding separate accounts        |
|       assets for which the policyholder bears the risk, the Level 3 net assets and liabilities      in relation to total net assets and liabilities measured      at fair  |
|       value on a recurring basis totaled 8.7%.                                                                                                                                                                                                                       |

----

----

| §   | A      reciprocal loan agreement with ING America Insurance Holdings, Inc. (“ING      AIH”), an affiliate, whereby either party can borrow from the other up to      3.0% of ILIAC’s statutory admitted assets as of the prior      December 31.  As of March 31, 2010 and December 31,      2009, the Company had a $510.8 and $287.2 receivable, including interest,      from ING AIH, respectively. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | A      $50.0 uncommitted, perpetual revolving note facility with the Bank of New      York.  As of March 31, 2010 and December 31, 2009, ILIAC      had no amounts outstanding under the revolving note    facility. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

| Item 4. | Controls      and Procedures |
|---------|------------------------------|

|   | a) | 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 Rule      13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934) 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 timelymanner. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | 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. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| PART      II. | OTHER      INFORMATION |
|---------------|------------------------|

| Item      1.   | LegalProceedings |
|--------------------------|------------------|

Risk Factors

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SIGNATURE

| May 7, 2010   (Date) | ING Life Insurance and Annuity Company(Registrant)     |                                                                                                                                                                                              |
|-----------------------------------------------|-----------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                               |                                                                                                     |                                                                                                                                                                                              |
|                                          | By: /s/                                                                                        | Ewout L. Steenbergen                                                                                                                                                                    |   |
|                                          |                                                                                                | Ewout L. SteenbergenExecutive Vice President andChief Financial Officer(Duly Authorized Officer and Principal Financial Officer) |   |

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| ING LIFE INSURANCE AND ANNUITY COMPANY      (“ILIAC”) |
|-------------------------------------------------------------------|
|                                                                   |
| Exhibit Index                                                     |
|                                                                   |
|                                                              |   |
| Exhibit Number                                                    | Description of Exhibit |
|                                                                   |  |
|                                                              |   |
| 3.1                                                               | Certificate      of Incorporation as amended and restated October 1, 2007, incorporated by      reference to the ILIAC Form 10-K, as filed with the SEC on March 31, 2008      (File No. 33-23376). |
|                                                              |   |
| 3.2                                                               | Amended      and Restated ING Life Insurance and Annuity Company By-Laws, effective      October 1, 2007, incorporated by reference to the ILIAC Form 10-K, as      filed with the SEC on March 31, 2008 (File No.  33-23376). |
|                                                              |   |
| 4.1                                                               | Single      Premium Deferred Modified Guaranteed Annuity Contract (IU-IA-3096) –      Incorporated herein by reference to Initial Registration Statement on Form      S-1 for ING Life Insurance and Annuity Company as filed with the SEC on      September 25, 2009 (File No. 333-162140). |
|                                                              |   |
| 4.2                                                               | IRA      Endorsement (IU-RA-4021) and Roth IRA Endorsement (IU-RA-4022) –      Incorporated herein by reference to Pre-Effective Amendment No. 1 to      Registration Statement on Form S-1 for ING Life Insurance and Annuity      Company, as filed with the SEC on December 31, 2009      (333-162140). |
|                                                              |   |
| 4.3                                                               | 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. |
|                                                              |   |
| 4.4                                                               | 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. |
|                                                              |   |
| 4.5                                                               | 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. |
|                                                              |   |
| 4.6                                                               | 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. |
|                                                              |   |
| 4.7                                                               | 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. |
|                                                              |   |
| 4.8                                                               | 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. |
|                                                              |   |
| 4.9                                                               | 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. |
|                                                              |   |
| 4.10                                                              | 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. |
|                                                              |   |
| 4.11                                                              | 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. |
|                                                              |   |
| 4.12                                                              | Incorporated      by reference to Registration Statement on Form N-4 (File No. 333-01107),      as filed on February 21, 1996. |
|                                                              |   |
| 4.13                                                              | 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. |
|                                                              |   |
| 4.14                                                              | 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. |
|                                                              |   |
| 4.15                                                              | 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. |
|                                                              |   |

----

| 4.16   | 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.      |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                        |
| 4.17   | 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.     |
|   |                                                                                                                                                                        |
| 4.18   | 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.      |
|   |                                                                                                                                                                        |
| 4.19   | 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.     |
|   |                                                                                                                                                                        |
| 4.20   | Incorporated      by reference to Registration Statement on Form N-4 (File No. 333-56297),      as filed on June 8, 1998.                                              |
|   |                                                                                                                                                                        |
| 4.21   | 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.     |
|   |                                                                                                                                                                        |
| 4.22   | 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.  |
|   |                                                                                                                                                                        |
| 4.23   | 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. |
|   |                                                                                                                                                                        |
| 4.24   | 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.  |
|   |                                                                                                                                                                        |
| 4.25   | 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.     |
|   |                                                                                                                                                                        |
| 4.26   | 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.  |
|   |                                                                                                                                                                        |
| 4.27   | 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.      |
|   |                                                                                                                                                                        |
| 4.28   | 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.      |
|   |                                                                                                                                                                        |
| 4.29   | 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.  |
|   |                                                                                                                                                                        |
| 4.30   | 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.     |
|   |                                                                                                                                                                        |
| 4.31   | 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.      |
|   |                                                                                                                                                                        |
| 4.32   | 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.  |
|   |                                                                                                                                                                        |
| 4.33   | 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.    |
|   |                                                                                                                                                                        |
| 4.34   | 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.       |
|   |                                                                                                                                                                        |
| 4.35   | 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. |
|   |                                                                                                                                                                        |

----

| 4.36   | Incorporated      by reference to the Registration Statement on Form S-2 (File No. 33-      64331), as filed on November 16, 1995.                                     |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                        |
| 4.37   | 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. |
|   |                                                                                                                                                                        |
| 4.38   | 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.  |
|   |                                                                                                                                                                        |
| 4.39   | 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.     |
|   |                                                                                                                                                                        |
| 4.40   | 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.    |
|   |                                                                                                                                                                        |
| 4.41   | 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.     |
|   |                                                                                                                                                                        |
| 4.42   | Incorporated      by reference to Registration Statement on Form N-4 (File No. 333-109860),      as filed on October 21, 2003.                                         |
|   |                                                                                                                                                                        |
| 4.43   | 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.  |
|   |                                                                                                                                                                        |
| 4.44   | Incorporated      by reference to Initial Registration Statement on Form N-4 (File No.      333-130822), as filed on January 3, 2006.                                       |
|   |                                                                                                                                                                        |
| 4.45   | 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.       |
|   |                                                                                                                                                                        |
| 4.46   | Incorporated      by reference to Registration Statement on Form N-4 (File No. 33-59749), as      filed on June 1, 1995.                                                    |
|   |                                                                                                                                                                        |
| 4.47   | 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.             |
|   |                                                                                                                                                                        |
| 4.48   | 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.             |
|   |                                                                                                                                                                        |
| 4.49   | 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.             |
|   |                                                                                                                                                                        |
| 4.50   | 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.        |
|   |                                                                                                                                                                        |
| 4.51   | Incorporated      by reference to Registration Statement on Form S-2 (File No. 33-63657), as      filed on October 25, 1995.                                                |
|   |                                                                                                                                                                        |
| 4.52   | 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.              |
|   |                                                                                                                                                                        |
| 4.53   | 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.        |
|   |                                                                                                                                                                        |
| 4.54   | 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.        |
|   |                                                                                                                                                                        |
| 4.55   | 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.        |

----

| 4.56   | Incorporated      by reference to Registration Statement on Form N-4 (File No. 33-59749), as      filed on June 1, 1995.                                        |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                            |
| 4.57   | 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. |
|   |                                                                                                                                                            |
| 31.1+  | Certificate      of Ewout L. Steenbergen pursuant to Section 302 of the Sarbanes-Oxley Act      of 2002.                                                        |
|   |                                                                                                                                                            |
| 31.2+  | Certificate      of Catherine H. Smith pursuant to Section 302 of the Sarbanes-Oxley Act of      2002.                                                          |
|   |                                                                                                                                                            |
| 32.1+  | Certificate      of Ewout L. Steenbergen pursuant to Section 906 of the Sarbanes-Oxley Act      of 2002.                                                        |
|   |                                                                                                                                                            |
| 32.2+  | Certificate      of Catherine H. Smith pursuant to Section 906 of the Sarbanes-Oxley Act of      2002.                                                          |

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