Segment Information

6 Months Ended

Jun. 30, 2011

Segment Information [Abstract]

Segment Information

2. Segment Information

The Company is organized into four reporting segments: Global Annuity, Life Insurance, Retirement Plans, and Mutual Funds. In addition, the Company includes in an Other category corporate items not directly allocated to any of its reporting segments, intersegment eliminations, direct and assumed guaranteed minimum income benefit (“GMIB”), guaranteed minimum death benefit (“GMDB”), guaranteed minimum accumulation benefit (“GMAB”) and guaranteed minimum withdrawal benefit (“GMWB”) which is subsequently ceded to an affiliated captive reinsurer, and certain group benefit products, including group life and group disability insurance that is directly written by the Company and for which nearly half is ceded to its parent, HLA.

Global Annuity

Global Annuity offers variable, fixed market value adjusted (“MVA”) annuities, structured settlements, single premium immediate annuities, longevity assurance to individuals as well as customized investment, insurance, and income solutions to select markets of institutional investors. Products offered to institutional investors (“IIP”) include mutual funds, stable value contracts, institutional annuities (primarily terminal funding cases) and mutual funds owned by institutional investors.

Life Insurance

Life Insurance sells a variety of life insurance products, including variable universal life, universal life, interest sensitive whole life, term life, and private placement life insurance (“PPLI”) owned by corporations and high net worth individuals.

Retirement Plans

Retirement Plans provides products and services to corporations pursuant to Section 401(k) and products and services to municipalities and not-for-profit organizations under Section 457 and 403(b) of the IRS Code of 1986 as amended (“the Code”).

Mutual Funds

Mutual Funds offers retail mutual funds, investment-only mutual funds and college savings plans under Section 529 of the Code (collectively referred to as non-proprietary) and proprietary mutual fund supporting the insurance products issued by The Hartford.

The accounting policies of the reporting segments are the same as those described in the summary of significant accounting policies in Note 1 of the Notes to Condensed Consolidated Financial Statements. The Company evaluates performance of its segments based on revenues, net income and the segment’s return on allocated capital. Each operating segment is allocated corporate surplus as needed to support its business.

The Company charges direct operating expenses to the appropriate segment and allocates the majority of indirect expenses to the segments based on an intercompany expense arrangement. Inter-segment revenues primarily occur between the Company’s Other category and the reporting segments. These amounts primarily include interest income on allocated surplus and interest charges on excess separate account surplus. Consolidated net investment income is unaffected by such transactions.

The following table presents summarized financial information concerning the Company’s reporting segments.

	Three Months Ended						Six Months Ended
	June 30,						June 30,
Revenues by Product Line	2011			2010			2011			2010
Earned premiums, fees, and other considerations
Global Annuity
Individual variable annuity	$	433		$	442		$	883		$	858
Fixed / MVA and other annuity		9			3			13			6
IIP		(3	)		5			(4	)		20
Total Global Annuity		439			450			892			884
Life Insurance
Variable life		91			101			182			203
Universal life		102			97			201			196
Term life		8			9			17			19
PPLI		46			41			90			82
Total Life Insurance		247			248			490			500
Retirement Plans
401(k)		88			80			172			156
Government plans		13			9			26			20
Total Retirement Plans		101			89			198			176
Mutual Funds
Non-proprietary		140			132			282			262
Proprietary		14			15			30			31
Total Mutual Funds		154			147			312			293
Other		90			79			182			166
Total earned premiums, fees, and other considerations		1,031			1,013			2,074			2,019
Net investment income		685			585			1,369			1,340
Net realized capital gains (losses)		56			605			(490	)		91
Total revenues	$	1,772		$	2,203		$	2,953		$	3,450
Net income (loss) attributable to Hartford Life Insurance Company
Global Annuity	$	184		$	(228	)	$	354		$	(222	)
Life Insurance		61			88			92			110
Retirement Plans		30			14			45			8
Mutual Funds		27			22			54			47
Other		21			16			16			(41	)
Total net income (loss) attributable to Hartford Life Insurance Company	$	323		$	(88	)	$	561		$	(98	)