Unum 2009 Annual Report Download - page 152

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150
Notes To Consolidated Financial Statements
Unum
2009
Note 15. Statutory Financial Information
Statutory Net Income, Capital and Surplus, and Dividends
Statutory net income for U.S. life insurance companies is reported in conformity with statutory accounting principles prescribed by the
NAIC and adopted by applicable domiciliary state laws. The commissioners of the states of domicile have the right to permit other specific
practices that may deviate from prescribed practices. For the years ended December 31, 2009, 2008 or 2007, none of the states of domicile
for our U.S. insurance subsidiaries had adopted accounting practices that differed materially from statutory accounting principles prescribed
by the NAIC.
The statutory operating results of our traditional U.S. insurance subsidiaries, which exclude Tailwind Re and Northwind Re, as well as
the statutory results for these two special purpose financial captive U.S. insurance subsidiaries, are as follows:
Year Ended December 31
(in millions of dollars) 2009 2008 2007
Combined Net Income (Loss)
U.S. Traditional Insurance Subsidiaries $639.2 $540.8 $ 530.8
Tailwind Re and Northwind Re $ 87.2 $ 79.8 $(111.5)
Combined Net Gain (Loss) from Operations
U.S. Traditional Insurance Subsidiaries $741.2 $682.0 $ 589.1
Tailwind Re and Northwind Re $ 87.2 $ 81.2 $(111.9)
Statutory capital and surplus is as follows:
December 31
(in millions of dollars) 2009 2008
Combined Capital and Surplus
U.S. Traditional Insurance Subsidiaries $3,286.9 $2,756.0
Tailwind Re and Northwind Re $1,300.0 $1,300.5