ALL » Topics » The following table shows the changes in separate accounts liabilities.

This excerpt taken from the ALL 10-Q filed May 3, 2006.

The following table shows the changes in separate accounts liabilities.

 

 

 

Three Months Ended
March 31,

 

(in millions)

 

2006

 

2005

 

Separate accounts liabilities, beginning balance

 

$

15,235

 

$

14,377

 

 

 

 

 

 

 

Variable annuity and life deposits

 

468

 

437

 

Variable annuity and life deposits allocated to fixed accounts

 

(63

)

(94

)

Net deposits

 

405

 

343

 

Investment results

 

660

 

(218

)

Contract charges

 

(76

)

(67

)

Net transfers from fixed accounts

 

83

 

78

 

Surrenders and benefits

 

(490

)

(426

)

Separate accounts liabilities, ending balance

 

$

15,817

 

$

14,087

 

 

Separate accounts liabilities increased 3.8% as of March 31, 2006 compared to December 31, 2005. This is compared to a decline of 2.0% in the first quarter of 2005. The improvement was primarily attributable to favorable investment results in the current period compared to unfavorable investment results in the prior period and, to a lesser extent, an 18.1% increase in net deposits. Variable annuity and life deposits vary with equity market conditions, product investment allocation decisions and consumer preferences related to product features.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki