Voya 2013 Annual Report Download - page 407

ING U.S., Inc.
Schedule III
Supplementary Insurance Information
Years Ended December 31, 2013, 2012 and 2011
(In millions)
Segment
Net
Investment
Income(1)(2)
Premiums
and Fee
Income(1)(2)
Interest Credited and
Other Benefits
to Contract Owners
Amortization of
DAC and
VOBA
Other
Operating
Expenses(1)(2)
Premiums
Written
(Excluding Life)
2013
Retirement Solutions:
Retirement ........ $1,809.4 $ 765.6 $ 848.8 $ 45.9 $1,112.2 $ —
Annuities ......... 1,271.1 81.4 755.5 114.4 127.0 —
Insurance Solutions:
Individual Life ..... 931.9 1,866.9 2,059.6 193.0 358.3 —
Employee
Benefits ......... 118.3 1,148.9 903.5 16.8 236.0 587.0
Investment
Management ......... (60.8) 552.0 — 4.4 493.2 —
Corporate ............. 336.0 (163.2) 10.5 0.2 (194.6) —
Closed Blocks:
Variable Annuity . . . 97.7 1,366.4 (51.8) 67.5 467.5 —
Institutional Spread
Products ........ 187.0 2.4 62.8 0.6 10.0 —
Other ............. (1.6) 2.2 (91.1) — 77.1 —
Total ..................... $4,689.0 $5,622.6 $4,497.8 $ 442.8 $2,686.7 $587.0
2012
Retirement Solutions:
Retirement ........ $1,764.2 $ 719.9 $ 842.2 $ 160.1 $1,058.1 $ —
Annuities ......... 1,365.7 71.4 861.0 269.0 124.6 —
Insurance Solutions:
Individual Life ..... 936.1 1,870.5 2,063.3 211.3 433.1 —
Employee
Benefits ......... 127.3 1,140.6 892.1 13.5 236.2 589.5
Investment
Management ......... (89.0) 493.6 — 3.0 465.6 —
Corporate ............. 275.0 (163.0) (6.5) 6.5 317.4 —
Closed Blocks:
Variable Annuity . . . 52.7 1,235.9 113.6 58.3 450.3 —
Institutional Spread
Products ........ 233.3 2.4 67.4 0.6 11.5 —
Other ............. 32.6 5.2 28.5 — 58.2 —
Total ..................... $4,697.9 $5,376.5 $4,861.6 $ 722.3 $3,155.0 $589.5
2011
Retirement Solutions:
Retirement ........ $1,733.7 $ 721.7 $ 826.2 $ 149.5 $1,095.6 $ —
Annuities ......... 1,494.6 63.9 978.0 (159.4) 126.7 —
Insurance Solutions:
Individual Life ..... 1,009.5 1,810.0 1,872.5 328.6 332.9 0.1
Employee
Benefits ......... 143.7 1,125.2 917.7 15.9 229.3 575.2
Investment
Management ......... (123.9) 529.3 — 4.1 463.8 —
Corporate ............. 222.8 (169.5) 78.4 (7.5) 234.8 —
Closed Blocks:
Variable Annuity . . . 85.8 1,280.7 890.2 55.2 413.8 —
Institutional Spread
Products ........ 372.4 2.4 89.0 0.6 11.3 —
Other ............. 30.2 9.9 90.0 — 122.6 —
Total ..................... $4,968.8 $5,373.6 $5,742.0 $ 387.0 $3,030.8 $575.3
(1) Includes the elimination of certain intersegment revenues and expenses that have been recorded on an arm’s length basis, primarily
consisting of asset-based management and administration fees, which have been charged by Investment Management and eliminated in
the Corporate segment.
(2) Includes the elimination of intercompany transactions between the Company and its consolidated investment entities, primarily the
elimination of the Company’s management fees expensed by the funds, recorded as operating revenues before the Company’s
consolidation of its consolidated investment entities and eliminated in the Investment Management segment.
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