The Hartford 2011 Annual Report Download - page 193

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THE HARTFORD FINANCIAL SERVICES GROUP, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
F-58
9. Separate Accounts, Death Benefits and Other Insurance Benefit Features (continued)
U.S. GMDB, International GMDB/GMIB, and UL Secondary Guarantee Benefits
Changes in the gross U.S. GMDB, International GMDB/GMIB, and UL secondary guarantee benefits are as follows:
U.S. GMDB
International
GMDB/GMIB
UL Secondary
Guarantees
Liability balance as of January 1, 2011
$
1,053
$
696
$
113
Incurred
220
122
53
Paid
(222)
(165)
—
Unlock
53
287
62
Currency translation adjustment
—
35
—
Liability balance as of December 31, 2011
$
1,104
$
975
$
228
Reinsurance recoverable asset, as of January 1, 2011 $ 686 $ 36 $ 30
Incurred
128
18
(8)
Paid
(143)
(30)
—
Unlock
53
15
—
Currency translation adjustment
—
1
—
Reinsurance recoverable asset, as of December 31, 2011
$
724
$
40
$
22
U.S. GMDB
International
GMDB/GMIB
UL Secondary
Guarantees
Liability balance as of January 1, 2010
$
1,233
$
599
$
76
Incurred
239
103
39
Paid
(294)
(134)
—
Unlock
(125)
39
(2)
Currency translation adjustment
—
89
—
Liability balance as of December 31, 2010
$
1,053
$
696
$
113
Reinsurance recoverable asset, as of January 1, 2010 $
787 $ 51 $ 22
Incurred
139
(26)
8
Paid
(176)
1
—
Unlock
(64)
5
—
Currency translation adjustment
—
5
—
Reinsurance recoverable asset, as of December 31, 2010
$
686
$
36
$
30