The Hartford 2012 Annual Report Download - page 209

Table of Contents



For the years ended December 31, 2012, 2011 and 2010, the Company did not capitalize any costs to extend or renew the term of a recognized intangible asset.
As of December 31, 2012, the weighted average amortization period was 13 years for total acquired intangible assets. Net amortization expense for other
intangibles is expected to be approximately $ 6 in each of the succeeding five years.
Net amortization expense for other intangible assets is included in other insurance operating and other expenses in the Consolidated Statement of Operations.
Acquired intangible assets primarily consist of distribution agreements and servicing intangibles, and are included in other assets in the Consolidated Balance
Sheets. With the exception of goodwill, the Company has no intangible assets with indefinite useful lives. For a discussion of present value of future profits
that continue to be subject to amortization and aggregate amortization expense, see Note 8.


Changes in the gross U.S. GMDB, International GMDB/GMIB, and UL secondary guarantee benefits are as follows:





   
Incurred 210 133 113
Paid (185) (189) —
Unlock (211)(155) 22
Currency translation adjustment —(103) —
   
    
Incurred 121 9 (1)
Paid (121)(27) —
Unlock (116) 18 —
Currency translation adjustment —(4) —
    





   
Incurred 220 122 53
Paid (222)(165) —
Unlock 53 287 62
Currency translation adjustment — 35 —
   
   
Incurred 128 18 (8)
Paid (143)(30) —
Unlock 53 15 —
Currency translation adjustment — 1 —
    
F-67