XML 104 R50.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Insurance Subsidiaries (Tables)
12 Months Ended
Dec. 31, 2019
Insurance [Abstract]  
Schedule of Statutory Net Income (Loss)
Statutory Net income (loss) for the years ended December 31, 2019, 2018 and 2017 and statutory capital and surplus as of December 31, 2019 and 2018 of the Company's Principal Insurance Subsidiaries (and for 2017, VIAC, which the Company sold in connection with the 2018 Transaction) are as follows:
 
Statutory Net Income (Loss)
 
Statutory Capital and Surplus
 
2019
 
2018
 
2017
 
2019
 
2018
Subsidiary Name (State of Domicile):
 
 
 
 
 
 
 
 
 
Voya Retirement Insurance and Annuity Company ("VRIAC") (CT)
$
325

 
$
377

 
$
195

 
$
2,005

 
$
2,000

Security Life of Denver Insurance Company (CO)
(226
)
 
(62
)
 
58

 
881

 
965

ReliaStar Life Insurance Company ("RLI") (MN)
35

 
101

 
234

 
1,536

 
1,633

Voya Insurance and Annuity Company ("VIAC") (IA)(1)
N/A

 
N/A

 
514

 
N/A

 
N/A


Schedule of Surplus Notes
As of December 31, 2019, SLD had the following surplus notes outstanding to its affiliate SLDI Georgia Holdings, Inc. "(Georgia Holdings").
Issuance Date
 
Maturity
 
2019
 
2018
12/21/1994
 
4/15/2021
 
$
40

 
$
60

12/19/2000
 
4/15/2021
 
26

 
39

4/15/2017
 
4/15/2042
 
61

 
61

4/15/2018
 
4/15/2043
 
62

 
62

4/15/2019
 
4/15/2044
 
63

 


Upon the closing of the Resolution MTA, Voya Financial, Inc., through one of its affiliates, will retain surplus notes issued by SLD in the amount of $123 under modified terms.
Schedule of Dividends Permitted and Dividends Paid and Return of Capital Distributions
The following table summarizes dividends permitted to be paid by the Company's Principal Insurance Subsidiaries to Voya Financial, Inc. or Voya Holdings without the need for insurance regulatory approval and dividends and extraordinary distributions paid by each of the Company's Principal Insurance Subsidiaries to its parent for the periods indicated:
 
Dividends Permitted without Approval
 
Dividends Paid
 
Extraordinary Distributions Paid
 
 
 
Year Ended December 31,
 
Year Ended December 31,
 
2020
 
2019
 
2019
 
2018
 
2019
 
2018
Subsidiary Name (State of domicile):
 
 
 
 
 
 
 
 
 
 
 
Voya Retirement Insurance and Annuity Company (CT)
$
295

 
$
396

 
$
396

 
$
126

 
$

 
$

Security Life of Denver Insurance Company (CO)

 

 

 
52

 

 

ReliaStar Life Insurance Company (MN)

 

 

 

 
360