XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Fee income and other $ 292,000,000 $ 375,000,000 $ 923,000,000 $ 1,085,000,000
Earned premiums 56,000,000 55,000,000 (15,000,000) 135,000,000
Net investment income:        
Net investment income 391,000,000 415,000,000 1,178,000,000 1,283,000,000
Net realized capital gains (losses):        
Total other-than-temporary impairment (OTTI) losses (10,000,000) (19,000,000) (21,000,000) (43,000,000)
OTTI losses recognized in other comprehensive income 0 3,000,000 1,000,000 11,000,000
Net OTTI losses recognized in earnings (10,000,000) (16,000,000) (20,000,000) (32,000,000)
Other net realized capital gains (losses) 60,000,000 (25,000,000) 614,000,000 (732,000,000)
Realized Investment Gains (Losses) 50,000,000 (41,000,000) 594,000,000 797,000,000
Total revenues 789,000,000 804,000,000 2,680,000,000 3,300,000,000
Benefits, losses and expenses        
Policyholder Benefits and Claims Incurred, Net 421,000,000 435,000,000 1,090,000,000 1,304,000,000
Amortization of deferred policy acquisition costs and present value of future profits 134,000,000 147,000,000 188,000,000 218,000,000
Insurance operating costs and other expenses 144,000,000 (36,000,000) 696,000,000 (450,000,000)
Dividends to policyholders 0 4,000,000 2,000,000 12,000,000
Benefits, Losses and Expenses 699,000,000 550,000,000 1,976,000,000 2,575,000,000
Income before income taxes 90,000,000 254,000,000 704,000,000 725,000,000
Income tax expense (benefit) (1,000,000) 52,000,000 157,000,000 145,000,000
Income from discontinued operations, net of tax 0 (1,000,000) 0 (28,000,000)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 91,000,000 201,000,000 547,000,000 552,000,000
Net Income (Loss) Attributable to Noncontrolling Interest 3,000,000 0 3,000,000 6,000,000
Net income attributable to Hartford Life Insurance Company 88,000,000 201,000,000 544,000,000 546,000,000
Proceeds from Sale of Available-for-sale Securities 2,600,000,000 3,500,000,000 8,200,000,000 12,300,000,000
Income from continuing operations, net of tax 91,000,000 202,000,000 547,000,000 580,000,000
Hartford Life and Annuity Insurance Company [Member] | White River Life Reinsurance [Member]
       
Revenues        
Earned premiums   (7,000,000) (5,000,000) (25,000,000)
Net realized capital gains (losses):        
Realized Investment Gains (Losses)   (323,000,000) [1] (103,000,000) [1] (1,250,000,000) [1]
Total revenues   (330,000,000) (108,000,000) (1,275,000,000)
Benefits, losses and expenses        
Policyholder Benefits and Claims Incurred, Net   (2,000,000) (1,000,000) (7,000,000)
Insurance operating costs and other expenses   (194,000,000) (4,000,000) (1,016,000,000)
Benefits, Losses and Expenses   (196,000,000) (5,000,000) (1,023,000,000)
Income before income taxes   (134,000,000) (103,000,000) (252,000,000)
Income tax expense (benefit)   (47,000,000) (36,000,000) (88,000,000)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest   (84,000,000) (67,000,000) (163,000,000)
Reinsurance Loss on Dispositions [Member]
       
Net realized capital gains (losses):        
Net realized capital gains on business dispositions 0 0 0 (1,491,000,000)
Net Realized Capital Gain (Loss) [Member]
       
Net realized capital gains (losses):        
Net realized capital gains on business dispositions $ 0 $ 0 $ 0 $ (1,561,000,000)
[1] Amounts represent the change in valuation of the derivative associated with this transaction.