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ALL » Topics » The following table illustrates where premiums and deposits are reflected in the condensed consolidated financial statements.

This excerpt taken from the ALL 8-K filed May 7, 2009.

The following table illustrates where premiums and deposits are reflected in the condensed consolidated financial statements.

 

 

 

Three months ended
March 31,

 

($ in millions)

 

2009

 

2008

 

Total premiums and deposits

 

$

1,533

 

$

3,046

 

Deposits to contractholder funds

 

(1,298

)

(2,824

)

Deposits to separate accounts

 

(28

)

(33

)

Change in unearned premiums and other adjustments

 

39

 

39

 

Life and annuity premiums (1)

 

$

246

 

$

228

 

 

(1)   Life and annuity contract charges in the amount of $238 million and $224 million for the three months ended March 31, 2009 and 2008, respectively, which are also revenues recognized for GAAP, have been excluded from the table above, but are a component of the Condensed Consolidated Statements of Operations line item life and annuity premiums and contract charges.

 

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