N-VPFS 1 a2020tlic7nextgen.htm N-VPFS Document

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Contract Owners of Talcott Resolution Life Insurance Company Separate Account Seven and the Board of Directors of Talcott Resolution Life Insurance Company

Opinion on the Financial Statements and Financial Highlights
We have audited the accompanying statements of assets and liabilities for each of the Sub-Accounts listed below comprising Talcott Resolution Life Insurance Company Separate Account Seven (the “Account”), as of December 31, 2020, the related statements of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the five years in the period then ended, and the related notes.

American Century VP Value FundHartford Stock HLS Fund
American Century VP Growth FundRational Trend Aggregation VA Fund
AB VPS Balanced Wealth Strategy PortfolioRational Insider Buying VA Fund
AB VPS International Value PortfolioLord Abbett Series Fund - Fundamental Equity Portfolio
AB VPS Small/Mid Cap Value PortfolioLord Abbett Series Fund - Dividend Growth Portfolio
AB VPS International Growth Portfolio(Formerly Lord Abbett Series Fund – Calibrated Dividend Growth Portfolio)
Invesco V.I. Value Opportunities FundLord Abbett Series Fund - Bond Debenture Portfolio
Invesco V.I. Core Equity FundLord Abbett Series Fund - Growth and Income Portfolio
Invesco V.I. Government Securities FundMFS® Growth Series
Invesco V.I. High Yield FundMFS® Global Equity Series
Invesco V.I. International Growth FundMFS® Investors Trust Series
Invesco V.I. Mid Cap Core Equity FundMFS® Mid Cap Growth Series
Invesco V.I. Small Cap Equity FundMFS® New Discovery Series
Invesco V.I. Balanced Risk Allocation FundMFS® Total Return Series
Invesco V.I. Diversified Dividend FundMFS® Value Series
Invesco V.I. Government Money Market FundMFS® Total Return Bond Series
American Century VP Mid Cap Value FundMFS® Research Series
American Funds Insurance Series® Capital World Bond FundMFS® High Yield Portfolio
(Formerly American Funds Global Bond Fund)BlackRock Global Allocation V.I. Fund
American Funds Insurance Series® Global Growth and Income FundBlackRock Large Cap Focus Growth V.I. Fund
American Funds Insurance Series® Asset Allocation FundBlackRock Equity Dividend V.I. Fund
American Funds Insurance Series® Blue Chip Income and Growth FundMorgan Stanley VIF Core Plus Fixed Income Portfolio
American Funds Insurance Series® Bond FundMorgan Stanley VIF Growth Portfolio
American Funds Insurance Series® Global Growth FundMorgan Stanley VIF Discovery Portfolio
American Funds Insurance Series® Growth FundInvesco V.I. American Value Fund
American Funds Insurance Series® Growth-Income FundBlackRock Capital Appreciation V.I. Fund
American Funds Insurance Series® International FundColumbia Variable Portfolio - Dividend Opportunity Fund
American Funds Insurance Series® New World FundColumbia Variable Portfolio - Income Opportunities Fund
American Funds Insurance Series® Global Small Capitalization FundColumbia Variable Portfolio - Mid Cap Growth Fund
Columbia Variable Portfolio - Small Company Growth FundInvesco Oppenheimer V.I. Capital Appreciation Fund
Wells Fargo VT Omega Growth FundInvesco Oppenheimer V.I. Global Fund
Fidelity® VIP Growth PortfolioInvesco Oppenheimer V.I. Main Street Fund®
Fidelity® VIP Contrafund® PortfolioInvesco Oppenheimer V.I. Main Street Small Cap Fund®
Fidelity® VIP Mid Cap PortfolioPutnam VT Diversified Income Fund
Fidelity® VIP Value Strategies PortfolioPutnam VT Global Asset Allocation Fund
Fidelity® VIP Dynamic Capital Appreciation PortfolioPutnam VT International Value Fund
Fidelity® VIP Strategic Income PortfolioPutnam VT International Equity Fund
Franklin Rising Dividends VIP FundPutnam VT Small Cap Value Fund
Franklin Income VIP FundJPMorgan Insurance Trust Core Bond Portfolio
Franklin Large Cap Growth VIP FundJPMorgan Insurance Trust U.S. Equity Portfolio
Franklin Global Real Estate VIP FundJPMorgan Insurance Trust Mid Cap Value Portfolio
Franklin Small-Mid Cap Growth VIP FundPutnam VT Equity Income Fund
Franklin Small Cap Value VIP FundPIMCO VIT All Asset Portfolio



Franklin Strategic Income VIP FundPIMCO StocksPLUS® Global Portfolio
Franklin Mutual Shares VIP FundPrudential Series Jennison 20/20 Focus Portfolio
Templeton Developing Markets VIP FundPrudential Series Jennison Portfolio
Templeton Foreign VIP FundPrudential Series Value Portfolio
Templeton Growth VIP FundPrudential Series SP International Growth Portfolio
Franklin Mutual Global Discovery VIP FundClearBridge Variable Dividend Strategy Portfolio
Franklin Flex Cap Growth VIP FundWestern Asset Variable Global High Yield Bond Portfolio
Templeton Global Bond VIP FundClearbridge Variable Large Cap Value Portfolio
Hartford Balanced HLS FundInvesco V.I. Growth and Income Fund
Hartford Total Return Bond HLS FundInvesco V.I. Comstock Fund
Hartford Capital Appreciation HLS FundInvesco V.I. American Franchise Fund
Hartford Dividend and Growth HLS FundWells Fargo VT Index Asset Allocation Fund
Hartford Healthcare HLS FundWells Fargo VT International Equity Fund
Hartford Disciplined Equity HLS FundWells Fargo VT Small Cap Growth Fund
Hartford MidCap HLS FundWells Fargo VT Discovery Fund
Hartford International Opportunities HLS FundWells Fargo VT Opportunity Fund
Hartford Ultrashort Bond HLS FundMFS® Core Equity Portfolio
Hartford Small Company HLS FundMFS® Massachusetts Investors Growth Stock Portfolio
Hartford SmallCap Growth HLS FundMFS® Research International Portfolio

We have also audited the accompanying statements of assets and liabilities of Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund, AB VPS Growth and Income Portfolio , Columbia Variable Portfolio - Large Cap Growth Fund, Columbia Variable Portfolio - Overseas Core Fund, CTIVP® – Loomis Sayles Growth Fund, Putnam VT Growth Opportunities Fund, BlackRock S&P 500 Index V.I. Fund, and BlackRock Managed Volatility V.I. Fund, the related statements of operations, statements of changes in net assets, and financial highlights for the periods indicated in the table below, and the related notes. We have also audited the Columbia Variable Portfolio - Asset Allocation Fund , Hartford Global Growth HLS Fund, Hartford Growth Opportunities HLS Fund, Hartford High Yield HLS Fund, Hartford MidCap Growth HLS Fund, Hartford MidCap Value HLS Fund, Hartford U.S. Government Securities HLS Fund, Hartford Value HLS Fund, and Invesco V.I. Mid Cap Growth Fund’s statements of operations, statements of changes in net assets, and financial highlights for the periods indicated in the table below, and the related notes.

Sub-AccountStatements of Assets and LiabilitiesStatements of OperationsStatements of Changes in Net AssetsFinancial Highlights
 As ofFor theFor theFor the
Columbia Variable Portfolio - Asset Allocation FundNot ApplicablePeriod from January 1, 2020 to April 24, 2020Period from January 1, 2020 to April 24, 2020 and the year ended December 31, 2019Period from January 1, 2020 to April 24, 2020 and the four years in the period ended December 31, 2019
Hartford Global Growth HLS FundNot ApplicablePeriod from January 1, 2020 to September 18, 2020Period from January 1, 2020 to September 18, 2020 and the year ended December 31, 2019Period from January 1, 2020 to September 18, 2020 and the four years in the period ended December 31, 2019
Hartford Growth Opportunities HLS FundNot ApplicablePeriod from January 1, 2020 to September 18, 2020Period from January 1, 2020 to September 18, 2020 and the year ended December 31, 2019Period from January 1, 2020 to September 18, 2020 and the four years in the period ended December 31, 2019



Hartford High Yield HLS FundNot ApplicablePeriod from January 1, 2020 to September 25, 2020Period from January 1, 2020 to September 25, 2020 and the year ended December 31, 2019Period from January 1, 2020 to September 25, 2020 and the four years in the period ended December 31, 2019
Hartford MidCap Growth HLS FundNot ApplicablePeriod from January 1, 2020 to September 18, 2020Period from January 1, 2020 to September 18, 2020 and the year ended December 31, 2019Period from January 1, 2020 to September 18, 2020 and the four years in the period ended December 31, 2019
Hartford MidCap Value HLS FundNot ApplicablePeriod from January 1, 2020 to September 18, 2020Period from January 1, 2020 to September 18, 2020 and the year ended December 31, 2019Period from January 1, 2020 to September 18, 2020 and the four years in the period ended December 31, 2019
Hartford U.S. Government Securities HLS FundNot ApplicablePeriod from January 1, 2020 to September 25, 2020Period from January 1, 2020 to September 25, 2020 and the year ended December 31, 2019Period from January 1, 2020 to September 25, 2020 and the four years in the period ended December 31, 2019
Hartford Value HLS FundNot ApplicablePeriod from January 1, 2020 to September 18, 2020Period from January 1, 2020 to September 18, 2020 and the year ended December 31, 2019Period from January 1, 2020 to September 18, 2020 and the four years in the period ended December 31, 2019
Invesco V.I. Mid Cap Growth FundNot ApplicablePeriod from January 1, 2020 to April 30, 2020Period from January 1, 2020 to April 30, 2020 and the year ended December 31, 2019Period from January 1, 2020 to April 30, 2020 and the four years in the period ended December 31, 2019
Invesco Oppenheimer V.I. Discovery Mid Cap Growth FundDecember 31, 2020Period from April 30, 2020 to December 31, 2020Period from April 30, 2020 to December 31, 2020Period from April 30, 2020 to December 31, 2020
AB VPS Growth and Income PortfolioDecember 31, 2020Year ended December 31, 2020Year ended December 31, 2020 and period from April 30, 2019 to December 31, 2019Year ended December 31, 2020 and the period from April 30, 2019 to December 31, 2019
Columbia Variable Portfolio - Large Cap Growth FundDecember 31, 2020Year ended December 31, 2020Two years in the period ended December 31, 2020Four years in the period ended December 31, 2020 and the period from March 18, 2016 to December 31, 2016
Columbia Variable Portfolio - Overseas Core FundDecember 31, 2020Year ended December 31, 2020Two years in the period ended December 31, 2020Four years in the period ended December 31, 2020 and the period from March 18, 2016 to December 31, 2016
CTIVP® – Loomis Sayles Growth Fund
December 31, 2020Year ended December 31, 2020Two years in the period ended December 31, 2020Four years in the period ended December 31, 2020 and the period from March 18, 2016 to December 31, 2016
Putnam VT Growth Opportunities FundDecember 31, 2020Year ended December 31, 2020Two years in the period ended December 31, 2020Four years in the period ended December 31, 2020 and the period from November 18, 2016 to December 31, 2016



BlackRock S&P 500 Index V.I. FundDecember 31, 2020Year ended December 31, 2020Two years in the period ended December 31, 2020Two years in the period ended December 31, 2020 and the period from April 20, 2018 to December 31, 2018
BlackRock Managed Volatility V.I. FundDecember 31, 2020Year ended December 31, 2020Two years in the period ended December 31, 2020Two years in the period ended December 31, 2020 and the period from April 20, 2018 to December 31, 2018

In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of each of the Sub-Accounts listed above comprising Talcott Resolution Life Insurance Company Separate Account Seven as of December 31, 2020, and the results of their operations for the year then ended (or for the period listed in the table above), the changes in their net assets for each of the two years in the period then ended (or for the period listed in the table above), and the financial highlights for each of the five years in the period then ended (or for the period listed in the table above), in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Account’s management. Our responsibility is to express an opinion on the Account’s financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Account is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Account’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of December 31, 2020, by correspondence with mutual fund companies. We believe that our audits provide a reasonable basis for our opinion.

/s/ DELOITTE & TOUCHE LLP
Hartford, Connecticut
April 21, 2021

We have served as the auditor of the Sub-Accounts that comprise Talcott Resolution Life Insurance Company Separate Account Seven since 2002.



SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities
December 31, 2020
American Century VP Value FundAmerican Century VP Growth FundAB VPS Balanced Wealth Strategy PortfolioAB VPS International Value PortfolioAB VPS Small/Mid Cap Value PortfolioAB VPS International Growth PortfolioInvesco V.I. Value Opportunities FundInvesco V.I. Core Equity FundInvesco V.I. Government Securities FundInvesco V.I. High Yield Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — 2,634,263 3,855,007 1,249,116 436,941 — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II1,292,715 79,879 — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — 11,627,620 24,272,449 66,804,349 333,249 
class S2— — — — — — — 713,172 — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments1,292,715 79,879 2,634,263 3,855,007 1,249,116 436,941 11,627,620 24,985,621 66,804,349 333,249 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold24 2,556 167 201 22 66,215 27,128 40,369 20 
  Other assets— — — — — 
 Total assets1,292,740 79,880 2,636,819 3,855,174 1,249,317 436,965 11,693,835 25,012,750 66,844,719 333,270 
Liabilities:
  Due to Sponsor Company24 2,556 167 201 22 66,215 27,128 40,369 20 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — — — — — 
 Total liabilities24 2,557 167 201 22 66,215 27,128 40,369 20 
Net assets:
  For contract liabilities$1,292,716 $79,879 $2,634,262 $3,855,007 $1,249,116 $436,943 $11,627,620 $24,985,622 $66,804,350 $333,250 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — 2,634,262 3,855,007 1,249,116 436,943 — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II1,292,716 79,879 — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — 11,627,620 24,272,450 66,804,350 333,250 
class S2— — — — — — — 713,172 — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$1,292,716 $79,879 $2,634,262 $3,855,007 $1,249,116 $436,943 $11,627,620 $24,985,622 $66,804,350 $333,250 
Shares:
class 1— — — — — — — — — — 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — 251,601 268,829 72,665 16,111 — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II115,524 3,827 — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — 2,068,971 797,648 5,548,534 63,355 
class S2— — — — — — — 23,553 — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares115,524 3,827 251,601 268,829 72,665 16,111 2,068,971 821,201 5,548,534 63,355 
Cost$984,496 $50,669 $2,725,817 $3,473,570 $1,242,377 $293,969 $13,927,287 $24,922,793 $66,058,205 $341,372 
Deferred contracts in the accumulation period:
  Units owned by participants #55,925 2,248 154,918 510,376 52,613 31,435 5,696,770 1,198,914 46,515,163 116,454 
  Minimum unit fair value #*$21.367737 $35.532853 $14.993186 $6.519210 $20.138798 $11.270325 $1.756943 $1.660997 $1.224519 $1.953433 
  Maximum unit fair value #*$24.390362 $35.532853 $25.050508 $15.173551 $35.636456 $22.673971 $26.846364 $30.270210 $10.426784 $22.819514 
  Contract liability$1,292,716 $79,879 $2,634,262 $3,842,860 $1,249,116 $436,943 $11,494,330 $24,677,725 $65,854,531 $331,545 
Contracts in payout (annuitization) period:
Units owned by participants #— — — 1,595 — — 63,152 13,769 634,516 751 
Minimum unit fair value #*$— $— $— $7.270581 $— $— $2.056492 $1.897974 $1.433357 $2.270143 
Maximum unit fair value #*$— $— $— $7.653566 $— $— $2.201806 $25.944417 $1.534681 $2.270143 
Contract liability$— $— $— $12,147 $— $— $133,290 $307,897 $949,819 $1,705 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.
.
















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
Invesco V.I. International Growth FundInvesco V.I. Mid Cap Core Equity FundInvesco V.I. Small Cap Equity FundInvesco V.I. Balanced-Risk Allocation FundInvesco V.I. Diversified Dividend FundInvesco V.I. Government Money Market FundAmerican Century VP Mid Cap Value FundAB VPS Growth and Income PortfolioAmerican Funds Insurance Series® Capital World Bond FundAmerican Funds Insurance Series® Global Growth and Income Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account (1)Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — 18,080,980 33,255,987 
class 4— — — — — — — — 1,913,260 5,737,627 
class ADV— — — — — — — — — — 
class B— — — — — — — 98,098 — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — 87,037 — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S119,205,569 24,144,141 16,925,263 — — 51,349,922 — — — — 
class S27,028,257 6,173 2,807,582 935,500 6,295 1,469,604 — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments26,233,826 24,150,314 19,732,845 935,500 6,295 52,819,526 87,037 98,098 19,994,240 38,993,614 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold2,349 9,315 5,403 38 — 9,037 1,443 47,256 
  Other assets— — — — — — — — 
 Total assets26,236,175 24,159,629 19,738,248 935,538 6,295 52,828,570 87,039 98,102 19,995,683 39,040,872 
Liabilities:
  Due to Sponsor Company2,349 9,315 5,403 38 — 9,037 1,443 47,256 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — — 
 Total liabilities2,350 9,316 5,404 38 — 9,037 1,446 47,256 
Net assets:
  For contract liabilities$26,233,825 $24,150,313 $19,732,844 $935,500 $6,295 $52,819,533 $87,037 $98,098 $19,994,237 $38,993,616 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — 18,080,978 33,255,990 
class 4— — — — — — — — 1,913,259 5,737,626 
class ADV— — — — — — — — — — 
class B— — — — — — — 98,098 — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — 87,037 — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S119,205,568 24,144,141 16,925,262 — — 51,349,928 — — — — 
class S27,028,257 6,172 2,807,582 935,500 6,295 1,469,605 — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$26,233,825 $24,150,313 $19,732,844 $935,500 $6,295 $52,819,533 $87,037 $98,098 $19,994,237 $38,993,616 
Shares:
class 1— — — — — — — — — — 
class 2— — — — — — — — 1,408,176 1,999,759 
class 4— — — — — — — — 150,532 350,925 
class ADV— — — — — — — — — — 
class B— — — — — — — 3,451 — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — 4,231 — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1451,683 2,284,214 820,818 — — 51,349,922 — — — — 
class S2167,819 603 146,304 90,914 247 1,469,604 — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares619,502 2,284,817 967,122 90,914 247 52,819,526 4,231 3,451 1,558,708 2,350,684 
Cost$19,053,202 $26,970,452 $16,720,292 $991,516 $4,371 $52,819,526 $74,186 $102,405 $18,018,194 $30,255,219 
Deferred contracts in the accumulation period:
  Units owned by participants #6,213,300 7,737,158 627,907 59,682 300 5,693,026 3,545 7,428 1,460,006 1,920,631 
  Minimum unit fair value #*$2.779490 $2.711059 $22.139605 $14.328032 $20.962948 $8.375289 $22.761118 $10.951484 $10.593678 $12.464868 
  Maximum unit fair value #*$24.786293 $26.539528 $38.183448 $17.257367 $20.962948 $10.062010 $25.008360 $11.195674 $15.971086 $30.056152 
  Contract liability$26,102,925 $23,977,689 $19,623,018 $935,500 $6,295 $52,120,282 $87,037 $82,814 $19,823,237 $38,442,392 
Contracts in payout (annuitization) period:
Units owned by participants #29,961 53,001 3,252 — — 75,014 — 1,375 12,078 31,797 
Minimum unit fair value #*$3.253327 $3.173262 $24.532101 $— $— $9.104546 $— $11.113670 $10.981850 $12.921754 
Maximum unit fair value #*$15.677928 $3.397498 $35.276940 $— $— $9.433440 $— $11.113670 $14.873505 $23.313393 
Contract liability$130,900 $172,624 $109,826 $— $— $699,251 $— $15,284 $171,000 $551,224 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.
.

















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
American Funds Insurance Series® Asset Allocation FundAmerican Funds Insurance Series® Blue Chip Income and Growth FundAmerican Funds Insurance Series® Bond FundAmerican Funds Insurance Series® Global Growth FundAmerican Funds Insurance Series® Growth FundAmerican Funds Insurance Series® Growth-Income FundAmerican Funds Insurance Series® International FundAmerican Funds Insurance Series® New World FundAmerican Funds Insurance Series® Global Small Capitalization FundColumbia Variable Portfolio - Small Company Growth Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $6,438,292 
class 2126,513,784 61,474,049 100,883,073 49,551,302 476,557,803 301,296,945 66,315,885 26,053,102 31,731,576 — 
class 47,701,984 3,021,569 17,284,225 3,155,522 40,126,026 20,700,811 22,002,890 3,515,252 5,568,815 — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments134,215,768 64,495,618 118,167,298 52,706,824 516,683,829 321,997,756 88,318,775 29,568,354 37,300,391 6,438,292 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold123,959 94,477 20,421 74,475 164,106 230,393 21,207 24,336 49,042 1,759 
  Other assets— — — — — — 
 Total assets134,339,727 64,590,095 118,187,723 52,781,299 516,847,935 322,228,156 88,339,982 29,592,691 37,349,436 6,440,051 
Liabilities:
  Due to Sponsor Company123,959 94,477 20,421 74,475 164,106 230,393 21,207 24,336 49,042 1,759 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — — 
 Total liabilities123,960 94,477 20,421 74,479 164,111 230,393 21,210 24,336 49,042 1,759 
Net assets:
  For contract liabilities$134,215,767 $64,495,618 $118,167,302 $52,706,820 $516,683,824 $321,997,763 $88,318,772 $29,568,355 $37,300,394 $6,438,292 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $6,438,292 
class 2126,513,784 61,474,049 100,883,077 49,551,299 476,557,799 301,296,948 66,315,883 26,053,103 31,731,576 — 
class 47,701,983 3,021,569 17,284,225 3,155,521 40,126,025 20,700,815 22,002,889 3,515,252 5,568,818 — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$134,215,767 $64,495,618 $118,167,302 $52,706,820 $516,683,824 $321,997,763 $88,318,772 $29,568,355 $37,300,394 $6,438,292 
Shares:
class 1— — — — — — — — — 214,825 
class 24,826,928 4,344,456 8,600,432 1,216,879 3,998,975 5,512,202 2,817,157 833,699 1,005,436 — 
class 4295,548 214,905 1,478,548 78,010 342,255 383,419 946,361 113,249 175,839 — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares5,122,476 4,559,361 10,078,980 1,294,889 4,341,230 5,895,621 3,763,518 946,948 1,181,275 214,825 
Cost$98,192,792 $54,184,441 $110,725,535 $32,527,247 $285,062,289 $247,639,911 $70,268,625 $19,406,041 $24,972,868 $3,421,033 
Deferred contracts in the accumulation period:
  Units owned by participants #5,076,470 25,068,584 7,134,060 1,392,373 12,012,670 10,024,946 4,724,521 884,833 1,170,293 876,837 
  Minimum unit fair value #*$12.452079 $2.111595 $10.835740 $15.561718 $19.245800 $13.802630 $11.813682 $13.523919 $15.072053 $4.525261 
  Maximum unit fair value #*$35.331345 $30.667613 $21.122096 $53.171965 $66.293151 $44.594291 $28.439024 $52.882058 $49.131165 $64.217683 
  Contract liability$132,532,439 $63,610,913 $116,154,925 $52,350,698 $511,280,628 $317,562,506 $87,705,621 $29,380,659 $37,053,936 $6,334,323 
Contracts in payout (annuitization) period:
Units owned by participants #61,126 338,421 112,834 8,578 111,474 143,597 27,517 4,655 6,084 19,769 
Minimum unit fair value #*$12.798223 $2.473504 $11.232737 $16.131931 $19.984973 $14.308457 $12.246680 $14.019601 $15.624386 $5.259160 
Maximum unit fair value #*$35.331345 $12.361196 $21.122096 $53.171965 $66.293151 $44.594291 $27.493457 $48.855802 $49.131165 $5.259160 
Contract liability$1,683,328 $884,705 $2,012,377 $356,122 $5,403,196 $4,435,257 $613,151 $187,696 $246,458 $103,969 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.

















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
Wells Fargo VT Omega Growth FundFidelity® VIP Growth PortfolioFidelity® VIP Contrafund® PortfolioFidelity® VIP Mid Cap PortfolioFidelity® VIP Value Strategies PortfolioFidelity® VIP Dynamic Capital Appreciation PortfolioFidelity® VIP Strategic Income PortfolioFranklin Rising Dividends VIP FundFranklin Income VIP FundFranklin Large Cap Growth VIP Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$795,094 $— $— $— $— $— $— $— $— $— 
class 210,538 — — — — — — 134,908,351 201,355,891 27,822,404 
class 4— — — — — — — 849,870 22,335,139 — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— 1,897,977 13,362,651 9,937,154 599,960 285,581 45,429 — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments805,632 1,897,977 13,362,651 9,937,154 599,960 285,581 45,429 135,758,221 223,691,030 27,822,404 
  Due from Sponsor Company— — — — — — — — 34,340 94,088 
  Receivable for fund shares sold39 85 640 1,309 30 14 13,746 — — 
  Other assets— — — — — — — — 
 Total assets805,671 1,898,062 13,363,291 9,938,463 599,990 285,596 45,430 135,771,967 223,725,370 27,916,497 
Liabilities:
  Due to Sponsor Company39 85 640 1,309 30 14 13,746 — — 
  Payable for fund shares purchased— — — — — — — — 34,340 94,088 
  Other liabilities— — — — — — — 
 Total liabilities39 87 640 1,309 31 14 13,748 34,340 94,088 
Net assets:
  For contract liabilities$805,632 $1,897,975 $13,362,651 $9,937,154 $599,959 $285,582 $45,429 $135,758,219 $223,691,030 $27,822,409 
Contract Liabilities:
class 1$795,094 $— $— $— $— $— $— $— $— $— 
class 210,538 — — — — — — 134,908,348 201,355,891 27,822,409 
class 4— — — — — — — 849,871 22,335,139 — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— 1,897,975 13,362,651 9,937,154 599,959 285,582 45,429 — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$805,632 $1,897,975 $13,362,651 $9,937,154 $599,959 $285,582 $45,429 $135,758,219 $223,691,030 $27,822,409 
Shares:
class 118,805 — — — — — — — — — 
class 2261 — — — — — — 4,629,662 13,388,025 971,114 
class 4— — — — — — — 29,085 1,445,640 — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— 18,870 285,954 266,483 43,857 17,060 3,889 — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares19,066 18,870 285,954 266,483 43,857 17,060 3,889 4,658,747 14,833,665 971,114 
Cost$536,295 $1,169,176 $7,883,191 $7,579,173 $485,620 $207,612 $44,527 $104,455,168 $222,268,836 $19,036,212 
Deferred contracts in the accumulation period:
  Units owned by participants #189,090 47,183 429,421 408,238 24,664 7,944 2,524 3,468,659 9,573,249 741,866 
  Minimum unit fair value #*$2.992084 $34.135552 $25.751107 $20.625265 $19.651824 $30.083646 $17.871498 $29.664271 $14.362581 $32.895710 
  Maximum unit fair value #*$65.100874 $59.487586 $47.709520 $35.834747 $38.580890 $48.470550 $18.182550 $45.128058 $28.195715 $43.887429 
  Contract liability$804,067 $1,897,975 $13,322,798 $9,856,035 $599,959 $270,320 $45,429 $133,894,427 $220,135,876 $27,588,120 
Contracts in payout (annuitization) period:
Units owned by participants #471 — 1,397 3,467 — 476 — 45,678 140,662 5,917 
Minimum unit fair value #*$3.320711 $— $28.536377 $22.856287 $— $32.077881 $— $38.846863 $16.018337 $38.423595 
Maximum unit fair value #*$3.320711 $— $28.536377 $24.060654 $— $32.077881 $— $41.692142 $26.049113 $41.038866 
Contract liability$1,565 $— $39,853 $81,119 $— $15,262 $— $1,863,792 $3,555,154 $234,289 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
Franklin Global Real Estate VIP FundFranklin Small-Mid Cap Growth VIP FundFranklin Small Cap Value VIP FundFranklin Strategic Income VIP FundFranklin Mutual Shares VIP FundTempleton Developing Markets VIP FundTempleton Foreign VIP FundTempleton Growth VIP FundFranklin Mutual Global Discovery VIP FundFranklin Flex Cap Growth VIP Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $57,218,260 $— $12,354,474 $— $— $— $— 
class 2401,421 51,374,806 6,345,377 306,860 109,340,619 — 45,256,548 61,357,843 32,362,287 13,633,733 
class 4— 2,257,953 2,817,162 12,367,453 15,325,936 1,441,651 3,079,357 5,902,407 3,630,138 1,098,492 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments401,421 53,632,759 9,162,539 69,892,573 124,666,555 13,796,125 48,335,905 67,260,250 35,992,425 14,732,225 
  Due from Sponsor Company— — — 65,873 4,924 1,158 — — — — 
  Receivable for fund shares sold17 77,409 473 — — — 198,734 10,869 19,567 754 
  Other assets— — — — — 
 Total assets401,439 53,710,169 9,163,012 69,958,446 124,671,480 13,797,285 48,534,639 67,271,119 36,011,993 14,732,979 
Liabilities:
  Due to Sponsor Company17 77,409 473 — — — 198,734 10,869 19,567 754 
  Payable for fund shares purchased— — — 65,873 4,924 1,158 — — — — 
  Other liabilities— — — — — — 
 Total liabilities17 77,409 477 65,875 4,924 1,158 198,734 10,873 19,567 759 
Net assets:
  For contract liabilities$401,422 $53,632,760 $9,162,535 $69,892,571 $124,666,556 $13,796,127 $48,335,905 $67,260,246 $35,992,426 $14,732,220 
Contract Liabilities:
class 1$— $— $— $57,218,258 $— $12,354,475 $— $— $— $— 
class 2401,422 51,374,807 6,345,374 306,859 109,340,621 — 45,256,549 61,357,840 32,362,288 13,633,728 
class 4— 2,257,953 2,817,161 12,367,454 15,325,935 1,441,652 3,079,356 5,902,406 3,630,138 1,098,492 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$401,422 $53,632,760 $9,162,535 $69,892,571 $124,666,556 $13,796,127 $48,335,905 $67,260,246 $35,992,426 $14,732,220 
Shares:
class 1— — — 5,317,682 — 1,053,237 — — — — 
class 228,249 2,223,055 437,612 29,620 6,590,755 — 3,407,872 5,493,092 1,913,795 1,248,511 
class 4— 93,073 187,936 1,160,174 914,981 123,113 227,427 520,036 209,351 105,624 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares28,249 2,316,128 625,548 6,507,476 7,505,736 1,176,350 3,635,299 6,013,128 2,123,146 1,354,135 
Cost$426,334 $42,925,229 $9,720,784 $75,238,646 $127,410,510 $10,883,179 $48,826,071 $71,065,419 $39,725,125 $11,436,556 
Deferred contracts in the accumulation period:
  Units owned by participants #15,538 1,555,547 436,772 3,332,230 5,403,600 513,859 3,570,179 3,679,842 1,282,983 401,522 
  Minimum unit fair value #*$21.846472 $22.495078 $17.827063 $12.468570 $13.400133 $10.765023 $8.826908 $11.764001 $13.923132 $32.486861 
  Maximum unit fair value #*$26.185103 $55.583257 $36.624803 $28.120219 $31.334807 $39.032431 $16.898497 $22.934036 $36.623242 $51.073075 
  Contract liability$390,469 $53,042,543 $9,094,004 $68,775,072 $122,725,159 $13,725,532 $47,878,141 $66,151,539 $35,782,225 $14,682,835 
Contracts in payout (annuitization) period:
Units owned by participants #441 16,230 3,108 46,997 72,498 2,132 30,891 53,720 6,463 1,260 
Minimum unit fair value #*$24.814494 $26.522394 $19.958065 $14.220065 $14.945307 $29.390450 $9.781881 $13.723540 $31.525747 $37.538832 
Maximum unit fair value #*$24.814494 $48.585951 $23.835323 $25.945692 $28.911131 $36.013291 $15.591232 $21.187634 $33.834679 $39.365324 
Contract liability$10,953 $590,217 $68,531 $1,117,499 $1,941,397 $70,595 $457,764 $1,108,707 $210,201 $49,385 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.


















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
Templeton Global Bond VIP FundHartford Balanced HLS FundHartford Total Return Bond HLS FundHartford Capital Appreciation HLS FundHartford Dividend and Growth HLS FundHartford Healthcare HLS FundHartford Disciplined Equity HLS FundHartford International Opportunities HLS FundHartford MidCap HLS FundHartford Ultrashort Bond HLS Fund
Sub-Account Sub-Account Sub-Account (2)Sub-Account Sub-Account (3)Sub-Account Sub-Account (4)(5)Sub-Account Sub-Account (16)(17)Sub-Account (8)
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $— 
class 2155,211 — — — — — — — — — 
class 47,786,562 — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— 3,706,154 67,219,920 70,569,304 50,036,139 — 29,682,303 3,788,282 940,078 37,813,372 
class IB— 7,160,972 17,033,731 18,590,447 12,707,931 92,637 2,594,766 2,363,350 1,590,370 3,248,374 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments7,941,773 10,867,126 84,253,651 89,159,751 62,744,070 92,637 32,277,069 6,151,632 2,530,448 41,061,746 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold1,415 1,736 24,254 37,041 50,568 4,241 618 121 3,979 
  Other assets— — — — — — 
 Total assets7,943,189 10,868,862 84,277,905 89,196,793 62,794,638 92,641 32,281,312 6,152,250 2,530,569 41,065,731 
Liabilities:
  Due to Sponsor Company1,415 1,736 24,254 37,041 50,568 4,241 618 121 3,979 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — — 
 Total liabilities1,415 1,738 24,256 37,041 50,570 4,241 620 121 3,979 
Net assets:
  For contract liabilities$7,941,774 $10,867,124 $84,253,649 $89,159,752 $62,744,068 $92,637 $32,277,071 $6,151,630 $2,530,448 $41,061,752 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $— 
class 2155,212 — — — — — — — — — 
class 47,786,562 — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— 3,706,155 67,219,917 70,569,310 50,036,138 — 29,682,305 3,788,280 940,078 37,813,376 
class IB— 7,160,969 17,033,732 18,590,442 12,707,930 92,637 2,594,766 2,363,350 1,590,370 3,248,376 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$7,941,774 $10,867,124 $84,253,649 $89,159,752 $62,744,068 $92,637 $32,277,071 $6,151,630 $2,530,448 $41,061,752 
Shares:
class 1— — — — — — — — — — 
class 211,231 — — — — — — — — — 
class 4549,510 — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— 117,432 5,611,012 1,361,028 2,254,896 — 1,705,879 193,478 21,641 3,747,609 
class IB— 222,736 1,430,204 365,594 576,585 4,216 151,475 119,000 38,083 321,940 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares560,741 340,168 7,041,216 1,726,622 2,831,481 4,216 1,857,354 312,478 59,724 4,069,549 
Cost$9,421,175 $8,809,401 $79,372,304 $73,697,404 $57,770,458 $79,163 $27,850,619 $4,330,031 $1,964,386 $40,998,634 
Deferred contracts in the accumulation period:
  Units owned by participants #611,281 2,628,084 12,000,991 6,254,726 4,669,344 10,382 1,258,168 791,894 200,115 33,466,006 
  Minimum unit fair value #*$10.049054 $1.833150 $1.546980 $3.120868 $2.712457 $8.922857 $2.768744 $2.029047 $4.851820 $0.782331 
  Maximum unit fair value #*$14.256611 $27.804909 $17.133094 $44.397682 $39.247339 $8.922857 $51.794321 $25.826368 $47.529369 $10.227000 
  Contract liability$7,857,797 $10,778,080 $83,567,886 $88,684,525 $62,501,132 $92,637 $32,109,813 $6,115,638 $2,519,408 $40,498,844 
Contracts in payout (annuitization) period:
Units owned by participants #6,563 31,164 146,385 41,118 47,924 — 5,610 14,267 778 525,011 
Minimum unit fair value #*$12.709102 $2.130543 $1.797827 $3.658136 $3.179300 $— $4.307151 $2.378434 $14.198735 $0.909089 
Maximum unit fair value #*$13.378703 $20.888829 $15.096590 $25.887410 $24.994212 $— $33.841917 $15.878197 $14.198735 $9.367995 
Contract liability$83,977 $89,044 $685,763 $475,227 $242,936 $— $167,258 $35,992 $11,040 $562,908 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.


















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
Hartford Small Company HLS FundHartford SmallCap Growth HLS FundHartford Stock HLS FundRational Trend Aggregation VA FundRational Insider Buying VA FundLord Abbett Series Fund - Fundamental Equity PortfolioLord Abbett Series Fund - Dividend Growth PortfolioLord Abbett Series Fund - Bond Debenture PortfolioLord Abbett Series Fund - Growth and Income PortfolioMFS® Growth Series
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account (9)Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA1,410,432 1,629,490 543,784 — — — — — — — 
class IB2,125,350 110,028 5,677,939 — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — 24,877,571 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — 2,385,003 
class SRV2— — — — — — — — — — 
class VC— — — — — 606,554 2,431,598 7,536,721 1,198,608 — 
class - N/A— — — 2,307,860 2,848,149 — — — — — 
                   Total investments3,535,782 1,739,518 6,221,723 2,307,860 2,848,149 606,554 2,431,598 7,536,721 1,198,608 27,262,574 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold187 77 981 94 130 11 98 319 87 48,293 
  Other assets— — — — 
 Total assets3,535,971 1,739,597 6,222,704 2,307,954 2,848,279 606,566 2,431,696 7,537,041 1,198,696 27,310,869 
Liabilities:
  Due to Sponsor Company187 77 981 94 130 11 98 319 87 48,293 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — — 
 Total liabilities187 77 982 95 133 11 99 319 87 48,293 
Net assets:
  For contract liabilities$3,535,784 $1,739,520 $6,221,722 $2,307,859 $2,848,146 $606,555 $2,431,597 $7,536,722 $1,198,609 $27,262,576 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA1,410,433 1,629,491 543,785 — — — — — — — 
class IB2,125,351 110,029 5,677,937 — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — 24,877,575 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — 2,385,001 
class SRV2— — — — — — — — — — 
class VC— — — — — 606,555 2,431,597 7,536,722 1,198,609 — 
class - N/A— — — 2,307,859 2,848,146 — — — — — 
  Total contract liabilities$3,535,784 $1,739,520 $6,221,722 $2,307,859 $2,848,146 $606,555 $2,431,597 $7,536,722 $1,198,609 $27,262,576 
Shares:
class 1— — — — — — — — — — 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA51,401 42,713 5,693 — — — — — — — 
class IB87,715 3,016 59,467 — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — 337,049 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — 33,960 
class SRV2— — — — — — — — — — 
class VC— — — — — 36,517 135,616 603,420 34,305 — 
class - N/A— — — 204,961 226,583 — — — — — 
  Total shares139,116 45,729 65,160 204,961 226,583 36,517 135,616 603,420 34,305 371,009 
Cost$2,602,421 $1,278,856 $3,979,749 $2,450,354 $3,323,948 $593,346 $2,029,681 $7,015,002 $909,347 $16,840,791 
Deferred contracts in the accumulation period:
  Units owned by participants #404,399 61,081 1,970,387 441,565 811,836 23,385 86,706 376,595 64,914 839,000 
  Minimum unit fair value #*$4.245921 $4.961691 $2.112408 $1.874950 $2.601929 $21.435305 $25.690231 $17.341160 $16.997522 $21.627746 
  Maximum unit fair value #*$53.127451 $58.452133 $39.261810 $22.147061 $37.224402 $26.897280 $33.192977 $22.446896 $24.849461 $61.875988 
  Contract liability$3,533,850 $1,739,520 $6,150,843 $2,306,564 $2,835,773 $606,555 $2,431,597 $7,412,788 $1,198,609 $26,949,047 
Contracts in payout (annuitization) period:
Units owned by participants #301 — 24,602 605 4,140 — — 6,245 — 7,787 
Minimum unit fair value #*$6.419041 $— $2.455213 $2.142029 $2.969122 $— $— $19.215239 $— $38.028604 
Maximum unit fair value #*$6.419041 $— $3.081049 $2.142029 $3.145792 $— $— $20.226903 $— $40.865097 
Contract liability$1,934 $— $70,879 $1,295 $12,373 $— $— $123,934 $— $313,529 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.
















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
MFS® Global Equity SeriesMFS® Investors Trust SeriesMFS® Mid Cap Growth SeriesMFS® New Discovery SeriesMFS® Total Return SeriesMFS® Value SeriesMFS® Total Return Bond SeriesMFS® Research SeriesMFS® High Yield PortfolioBlackRock Managed Volatility V.I. Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — 22,178,202 
class INIT4,228,814 40,995,011 20,839,864 34,282,575 110,484,608 32,400,837 50,738,899 3,925,927 21,424,096 — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— 89,896 — 128,027 5,747,377 13,904,030 8,129,331 — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments4,228,814 41,084,907 20,839,864 34,410,602 116,231,985 46,304,867 58,868,230 3,925,927 21,424,096 22,178,202 
  Due from Sponsor Company31,770 — — — — 12,007 — — — — 
  Receivable for fund shares sold— 26,545 1,084 28,611 73,479 — 3,067 198 676 437 
  Other assets— — — — 
 Total assets4,260,589 41,111,456 20,840,948 34,439,214 116,305,464 46,316,875 58,871,297 3,926,125 21,424,776 22,178,641 
Liabilities:
  Due to Sponsor Company— 26,545 1,084 28,611 73,479 — 3,067 198 676 437 
  Payable for fund shares purchased31,770 — — — — 12,007 — — — — 
  Other liabilities— — — — — — 
 Total liabilities31,770 26,545 1,085 28,611 73,481 12,007 3,070 200 676 437 
Net assets:
  For contract liabilities$4,228,819 $41,084,911 $20,839,863 $34,410,603 $116,231,983 $46,304,868 $58,868,227 $3,925,925 $21,424,100 $22,178,204 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — 22,178,204 
class INIT4,228,819 40,995,015 20,839,863 34,282,576 110,484,607 32,400,838 50,738,897 3,925,925 21,424,100 — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— 89,896 — 128,027 5,747,376 13,904,030 8,129,330 — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$4,228,819 $41,084,911 $20,839,863 $34,410,603 $116,231,983 $46,304,868 $58,868,227 $3,925,925 $21,424,100 $22,178,204 
Shares:
class 1— — — — — — — — — — 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — 1,680,167 
class INIT172,113 1,121,001 1,648,723 1,271,608 4,246,142 1,588,276 3,593,406 119,438 3,771,848 — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— 2,498 — 5,423 225,387 696,595 586,532 — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares172,113 1,123,499 1,648,723 1,277,031 4,471,529 2,284,871 4,179,938 119,438 3,771,848 1,680,167 
Cost$3,159,271 $27,096,782 $14,903,109 $22,622,034 $95,833,423 $37,895,789 $54,932,976 $3,166,479 $22,183,098 $22,928,686 
Deferred contracts in the accumulation period:
  Units owned by participants #126,580 1,570,235 1,029,072 695,763 4,568,685 1,450,697 3,698,856 117,930 1,630,816 2,137,156 
  Minimum unit fair value #*$27.608143 $22.243257 $17.836039 $33.371310 $16.642025 $19.976734 $12.833884 $29.816078 $11.979282 $10.148217 
  Maximum unit fair value #*$43.333033 $34.050797 $60.135452 $70.196959 $32.661696 $43.608359 $18.068142 $38.721351 $13.868809 $10.503914 
  Contract liability$4,203,932 $40,486,513 $20,707,018 $34,040,464 $114,725,512 $46,021,117 $58,407,837 $3,925,925 $21,045,835 $22,178,204 
Contracts in payout (annuitization) period:
Units owned by participants #702 21,031 6,129 6,306 53,481 8,324 28,170 — 28,602 — 
Minimum unit fair value #*$32.404501 $25.557119 $20.410608 $39.169785 $24.823723 $22.136359 $14.604027 $— $13.011095 $— 
Maximum unit fair value #*$40.033891 $31.136538 $21.847615 $68.759781 $30.135766 $40.288195 $16.694796 $— $13.357623 $— 
Contract liability$24,887 $598,398 $132,845 $370,139 $1,506,471 $283,751 $460,390 $— $378,265 $— 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
BlackRock Global Allocation V.I. FundBlackRock S&P 500 Index V.I. FundBlackRock Large Cap Focus Growth V.I. FundBlackRock Equity Dividend V.I. FundMorgan Stanley VIF Core Plus Fixed Income PortfolioMorgan Stanley VIF Growth PortfolioMorgan Stanley VIF Discovery PortfolioInvesco V.I. American Value FundBlackRock Capital Appreciation V.I. FundColumbia Variable Portfolio - Dividend Opportunity Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $6,246,856 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — 519,637 — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — 4,857 346,827 2,229,392 — — — 
class III51,553 3,421,625 — 497,388 — — — — 360,517 — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — 1,238,223 — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments51,553 3,421,625 519,637 497,388 4,857 346,827 2,229,392 1,238,223 360,517 6,246,856 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold66 29 — 22 100 85 769 
  Other assets— — — — — — — — 
 Total assets51,554 3,421,693 519,666 497,397 4,857 346,851 2,229,492 1,238,308 360,524 6,247,625 
Liabilities:
  Due to Sponsor Company66 29 — 22 100 85 769 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — 
 Total liabilities66 29 22 100 86 770 
Net assets:
  For contract liabilities$51,552 $3,421,627 $519,637 $497,388 $4,856 $346,829 $2,229,392 $1,238,222 $360,516 $6,246,855 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $6,246,855 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — 519,637 — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — 4,856 346,829 2,229,392 — — — 
class III51,552 3,421,627 — 497,388 — — — — 360,516 — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — 1,238,222 — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$51,552 $3,421,627 $519,637 $497,388 $4,856 $346,829 $2,229,392 $1,238,222 $360,516 $6,246,855 
Shares:
class 1— — — — — — — — — 208,716 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — 24,080 — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — 416 5,329 78,500 — — — 
class III3,165 126,774 — 42,694 — — — — 35,872 — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — 79,272 — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares3,165 126,774 24,080 42,694 416 5,329 78,500 79,272 35,872 208,716 
Cost$46,070 $2,902,977 $306,472 $437,697 $4,344 $163,189 $997,539 $1,168,659 $305,440 $3,597,254 
Deferred contracts in the accumulation period:
  Units owned by participants #2,918 243,107 12,257 20,687 385 6,129 32,990 62,527 9,699 364,868 
  Minimum unit fair value #*$17.628569 $13.778283 $36.770571 $22.268401 $12.606666 $54.631252 $60.967971 $17.226208 $34.451234 $15.867280 
  Maximum unit fair value #*$17.892685 $14.240813 $43.289288 $24.467754 $12.606666 $60.685679 $111.318556 $29.604518 $37.853614 $17.647469 
  Contract liability$51,552 $3,421,627 $519,637 $497,388 $4,856 $346,829 $2,202,146 $1,238,222 $360,516 $6,176,747 
Contracts in payout (annuitization) period:
Units owned by participants #— — — — — — 418 — — 3,973 
Minimum unit fair value #*$— $— $— $— $— $— $65.004866 $— $— $17.647469 
Maximum unit fair value #*$— $— $— $— $— $— $68.425966 $— $— $17.647469 
Contract liability$— $— $— $— $— $— $27,246 $— $— $70,108 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.

















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
Columbia Variable Portfolio - Income Opportunities FundColumbia Variable Portfolio - Mid Cap Growth FundInvesco Oppenheimer V.I. Discovery Mid Cap Growth FundInvesco Oppenheimer V.I. Capital Appreciation FundInvesco Oppenheimer V.I. Global FundInvesco Oppenheimer V.I. Main Street Fund®Invesco Oppenheimer V.I. Main Street Small Cap Fund®Putnam VT Diversified Income FundPutnam VT Global Asset Allocation FundPutnam VT Growth Opportunities Fund
Sub-Account Sub-Account Sub-Account (10)(11)Sub-Account Sub-Account Sub-Account (12)Sub-Account (12)Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$4,858,372 $7,794,104 $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — 8,688,643 489,360 1,285,909 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — 2,513,619 — — — — — — — 
class S2— — 558,710 316,317 4,249,476 409,188 3,450,764 — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments4,858,372 7,794,104 3,072,329 316,317 4,249,476 409,188 3,450,764 8,688,643 489,360 1,285,909 
  Due from Sponsor Company— — 4,802 — — — — — — — 
  Receivable for fund shares sold919 1,894 — 13 229 17 185 371 24 24 
  Other assets— — — — — — 
 Total assets4,859,291 7,795,998 3,077,131 316,330 4,249,705 409,207 3,450,951 8,689,016 489,385 1,285,933 
Liabilities:
  Due to Sponsor Company919 1,894 — 13 229 17 185 371 24 24 
  Payable for fund shares purchased— — 4,802 — — — — — — — 
  Other liabilities— — — — — — 
 Total liabilities919 1,895 4,803 15 230 17 185 371 24 24 
Net assets:
  For contract liabilities$4,858,372 $7,794,103 $3,072,328 $316,315 $4,249,475 $409,190 $3,450,766 $8,688,645 $489,361 $1,285,909 
Contract Liabilities:
class 1$4,858,372 $7,794,103 $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — 8,688,645 489,361 1,285,909 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — 2,513,618 — — — — — — — 
class S2— — 558,710 316,315 4,249,475 409,190 3,450,766 — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$4,858,372 $7,794,103 $3,072,328 $316,315 $4,249,475 $409,190 $3,450,766 $8,688,645 $489,361 $1,285,909 
Shares:
class 1630,139 173,356 — — — — — — — — 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — 1,521,654 26,495 88,379 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — 23,507 — — — — — — — 
class S2— — 5,698 4,608 82,739 13,871 128,233 — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares630,139 173,356 29,205 4,608 82,739 13,871 128,233 1,521,654 26,495 88,379 
Cost$5,219,818 $3,119,643 $2,161,127 $242,049 $2,674,065 $368,425 $2,465,761 $9,511,061 $423,946 $767,602 
Deferred contracts in the accumulation period:
  Units owned by participants #377,545 298,386 214,300 9,423 161,864 15,556 116,753 587,225 24,907 49,345 
  Minimum unit fair value #*$11.985355 $24.560410 $14.198664 $26.045916 $22.845178 $22.967480 $25.775841 $12.925866 $18.787866 $25.153216 
  Maximum unit fair value #*$13.056240 $26.651034 $14.399603 $30.380295 $37.759849 $35.939803 $42.304096 $19.497164 $27.496560 $26.271547 
  Contract liability$4,774,915 $7,676,238 $3,070,021 $276,047 $4,224,245 $409,190 $3,435,469 $8,618,626 $489,361 $1,285,909 
Contracts in payout (annuitization) period:
Units owned by participants #6,392 4,423 160 1,395 997 — 511 4,783 — — 
Minimum unit fair value #*$13.056240 $26.651034 $14.399603 $28.860737 $25.314221 $— $28.561159 $14.323548 $— $— 
Maximum unit fair value #*$13.056240 $26.651034 $14.399603 $28.860737 $25.314221 $— $30.064694 $15.078038 $— $— 
Contract liability$83,457 $117,865 $2,307 $40,268 $25,230 $— $15,297 $70,019 $— $— 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.

















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
Putnam VT International Value FundPutnam VT International Equity FundPutnam VT Small Cap Value FundJPMorgan Insurance Trust Core Bond PortfolioJPMorgan Insurance Trust U.S. Equity PortfolioJPMorgan Insurance Trust Mid Cap Value PortfolioPutnam VT Equity Income FundPIMCO VIT All Asset PortfolioPIMCO StocksPLUS® Global PortfolioPrudential Series Jennison 20/20 Focus Portfolio
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — 13,471 318,188 — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB12,451 278,342 159,201 — — — 27,482 — — — 
class II— — — — — — — — — 8,207 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — 23,227,773 4,213,001 2,840,485 — — — — 
                   Total investments12,451 278,342 159,201 23,227,773 4,213,001 2,840,485 27,482 13,471 318,188 8,207 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold15 1,202 197 280 — — 
  Other assets— — — — — — — 
 Total assets12,452 278,357 159,209 23,228,975 4,213,198 2,840,766 27,483 13,471 318,195 8,207 
Liabilities:
  Due to Sponsor Company15 1,202 197 280 — — 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — — — — 
 Total liabilities15 1,204 197 280 — 
Net assets:
  For contract liabilities$12,451 $278,342 $159,202 $23,227,771 $4,213,001 $2,840,486 $27,482 $13,471 $318,189 $8,206 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — 13,471 318,189 — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB12,451 278,342 159,202 — — — 27,482 — — — 
class II— — — — — — — — — 8,206 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — 23,227,771 4,213,001 2,840,486 — — — — 
  Total contract liabilities$12,451 $278,342 $159,202 $23,227,771 $4,213,001 $2,840,486 $27,482 $13,471 $318,189 $8,206 
Shares:
class 1— — — — — — — — — — 
class 2— — — — — — — — — — 
class 4— — — — — — — — — — 
class ADV— — — — — — — 1,202 35,953 — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB1,217 16,890 15,904 — — — 1,077 — — — 
class II— — — — — — — — — 174 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — 1,955,200 112,647 260,834 — — — — 
  Total shares1,217 16,890 15,904 1,955,200 112,647 260,834 1,077 1,202 35,953 174 
Cost$11,248 $190,425 $202,570 $21,601,076 $2,587,385 $2,833,911 $21,141 $13,049 $320,313 $2,049 
Deferred contracts in the accumulation period:
  Units owned by participants #829 22,029 7,887 1,432,126 97,271 90,359 795 926 17,465 282 
  Minimum unit fair value #*$9.485878 $11.131976 $17.763636 $13.230314 $36.973478 $27.139932 $28.991681 $14.544835 $16.885926 $4.069926 
  Maximum unit fair value #*$10.114857 $18.639312 $29.282783 $23.715722 $64.827518 $48.921520 $37.523333 $14.544835 $18.553325 $40.601528 
  Contract liability$8,037 $268,880 $159,202 $22,692,519 $4,136,228 $2,808,133 $27,482 $13,471 $318,189 $8,206 
Contracts in payout (annuitization) period:
Units owned by participants #459 818 — 32,968 1,816 1,043 — — — — 
Minimum unit fair value #*$9.608482 $11.569090 $— $16.235614 $42.274157 $31.030844 $— $— $— $— 
Maximum unit fair value #*$9.608482 $11.569090 $— $16.235614 $42.274157 $31.030844 $— $— $— $— 
Contract liability$4,414 $9,462 $— $535,252 $76,773 $32,353 $— $— $— $— 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.

















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (continued)
December 31, 2020
Prudential Series Jennison PortfolioPrudential Series Value PortfolioPrudential Series SP International Growth PortfolioClearBridge Variable Dividend Strategy PortfolioWestern Asset Variable Global High Yield Bond PortfolioClearbridge Variable Large Cap Value PortfolioInvesco V.I. Growth and Income FundInvesco V.I. Comstock FundInvesco V.I. American Franchise FundWells Fargo VT Index Asset Allocation Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — 30,544 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — 28,938 34,621 708,691 — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II405,829 18,826 12,962 — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — 21,388,365 — 
class S2— — — — — — 1,119,528 174,528 386,740 — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments405,829 18,826 12,962 28,938 34,621 708,691 1,119,528 174,528 21,775,105 30,544 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold33 27 130 10 1,516 
  Other assets— — — — — — — — — 
 Total assets405,862 18,827 12,963 28,939 34,622 708,718 1,119,658 174,538 21,776,623 30,545 
Liabilities:
  Due to Sponsor Company33 27 130 10 1,516 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — — — — 
 Total liabilities33 27 130 11 1,516 
Net assets:
  For contract liabilities$405,829 $18,825 $12,962 $28,938 $34,621 $708,691 $1,119,528 $174,527 $21,775,107 $30,544 
Contract Liabilities:
class 1$— $— $— $— $— $— $— $— $— $— 
class 2— — — — — — — — — 30,544 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — 28,938 34,621 708,691 — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II405,829 18,825 12,962 — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — 21,388,365 — 
class S2— — — — — — 1,119,528 174,527 386,742 — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$405,829 $18,825 $12,962 $28,938 $34,621 $708,691 $1,119,528 $174,527 $21,775,107 $30,544 
Shares:
class 1— — — — — — — — — — 
class 2— — — — — — — — — 1,396 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — 1,309 4,660 35,720 — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II3,347 518 1,103 — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — — — — — — — 
class S1— — — — — — — — 240,049 — 
class S2— — — — — — 59,868 10,861 4,587 — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares3,347 518 1,103 1,309 4,660 35,720 59,868 10,861 244,636 1,396 
Cost$194,847 $9,993 $5,957 $21,535 $37,935 $690,439 $1,072,478 $174,148 $14,050,185 $21,219 
Deferred contracts in the accumulation period:
  Units owned by participants #91,943 8,395 6,207 1,240 11,858 224,136 50,459 6,146 630,944 4,539 
  Minimum unit fair value #*$3.776148 $2.045820 $2.088604 $23.341136 $2.919678 $3.059826 $18.896833 $26.997703 $30.787038 $3.084251 
  Maximum unit fair value #*$31.769620 $2.337556 $2.088604 $23.341136 $2.919678 $3.059826 $32.458675 $31.529939 $38.036567 $30.000358 
  Contract liability$404,758 $18,825 $12,962 $28,938 $34,621 $685,817 $1,119,528 $174,527 $21,607,342 $30,544 
Contracts in payout (annuitization) period:
Units owned by participants #34 — — — — 7,476 — — 4,680 — 
Minimum unit fair value #*$31.769620 $— $— $— $— $3.059826 $— $— $35.000205 $— 
Maximum unit fair value #*$31.769620 $— $— $— $— $3.059826 $— $— $36.220047 $— 
Contract liability$1,071 $— $— $— $— $22,874 $— $— $167,765 $— 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.

















SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Assets and Liabilities (concluded)
December 31, 2020
Wells Fargo VT International Equity FundWells Fargo VT Small Cap Growth FundWells Fargo VT Discovery FundWells Fargo VT Opportunity FundMFS® Core Equity PortfolioMFS® Massachusetts Investors Growth Stock PortfolioMFS® Research International PortfolioColumbia Variable Portfolio - Large Cap Growth FundColumbia Variable Portfolio - Overseas Core FundCTIVP® - Loomis Sayles Growth Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Assets:
  Investments, at fair value
class 1$689,217 $1,115,744 $— $5,062,463 $— $— $— $8,065,487 $— $6,941,825 
class 213,391 15,657 16,455 48,943 — — — — 4,622,203 — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — 4,991,583 7,803,312 7,287,564 — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
                   Total investments702,608 1,131,401 16,455 5,111,406 4,991,583 7,803,312 7,287,564 8,065,487 4,622,203 6,941,825 
  Due from Sponsor Company— — — — — — — — — — 
  Receivable for fund shares sold32 57 1,045 681 584 477 11,013 355 1,190 
  Other assets— — — — — — 
 Total assets702,640 1,131,458 16,456 5,112,451 4,992,268 7,803,896 7,288,042 8,076,501 4,622,559 6,943,015 
Liabilities:
  Due to Sponsor Company32 57 1,045 681 584 477 11,013 355 1,190 
  Payable for fund shares purchased— — — — — — — — — — 
  Other liabilities— — — — — — — 
 Total liabilities33 57 1,046 681 586 477 11,013 355 1,190 
Net assets:
  For contract liabilities$702,607 $1,131,401 $16,455 $5,111,405 $4,991,587 $7,803,310 $7,287,565 $8,065,488 $4,622,204 $6,941,825 
Contract Liabilities:
class 1$689,216 $1,115,744 $— $5,062,463 $— $— $— $8,065,488 $— $6,941,825 
class 213,391 15,657 16,455 48,942 — — — — 4,622,204 — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — 4,991,587 7,803,310 7,287,565 — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total contract liabilities$702,607 $1,131,401 $16,455 $5,111,405 $4,991,587 $7,803,310 $7,287,565 $8,065,488 $4,622,204 $6,941,825 
Shares:
class 1372,550 72,687 — 171,725 — — — 273,592 — 140,126 
class 26,974 1,064 338 1,652 — — — — 328,048 — 
class 4— — — — — — — — — — 
class ADV— — — — — — — — — — 
class B— — — — — — — — — — 
class I— — — — — — — — — — 
class IA— — — — — — — — — — 
class IB— — — — — — — — — — 
class II— — — — — — — — — — 
class III— — — — — — — — — — 
class INIT— — — — 179,038 311,385 401,740 — — — 
class S1— — — — — — — — — — 
class S2— — — — — — — — — — 
class SRV— — — — — — — — — — 
class SRV2— — — — — — — — — — 
class VC— — — — — — — — — — 
class - N/A— — — — — — — — — — 
  Total shares379,524 73,751 338 173,377 179,038 311,385 401,740 273,592 328,048 140,126 
Cost$1,085,155 $729,143 $8,490 $3,699,364 $4,226,915 $5,874,306 $6,180,388 $3,758,177 $4,182,119 $3,210,643 
Deferred contracts in the accumulation period:
  Units owned by participants #394,633 27,453 246 170,420 254,087 353,542 523,081 361,470 350,469 306,216 
  Minimum unit fair value #*$1.189636 $5.454260 $66.999860 $26.997501 $18.600633 $20.585652 $12.981200 $21.120145 $12.554366 $21.335639 
  Maximum unit fair value #*$16.984489 $46.135200 $66.999860 $33.154804 $20.147433 $22.899150 $14.569220 $22.260196 $13.232276 $22.433566 
  Contract liability$693,307 $1,128,477 $16,455 $5,084,275 $4,975,245 $7,674,973 $7,210,342 $7,898,550 $4,528,010 $6,729,869 
Contracts in payout (annuitization) period:
Units owned by participants #5,844 65 — 881 817 5,752 5,510 7,499 7,118 9,448 
Minimum unit fair value #*$1.308608 $44.016261 $— $29.778867 $19.734511 $21.905226 $13.854441 $22.260196 $13.232276 $22.433566 
Maximum unit fair value #*$2.260172 $45.655594 $— $30.912290 $20.087887 $22.363560 $14.144413 $22.260196 $13.232276 $22.433566 
Contract liability$9,300 $2,924 $— $27,130 $16,342 $128,337 $77,223 $166,938 $94,194 $211,956 
# Rounded units/unit fair values
* For Sub-Accounts with only one unit fair value, the unit fair value is illustrated in both the minimum and maximum unit fair value rows.
The accompanying notes are an integral part of these financial statements.



















(1) Formerly American Funds Insurance Series® Global Bond Fund. Change effective May 1, 2020.
(2) Merged assets from Hartford High Yield HLS Fund. Change effective September 25, 2020.
(3) Merged assets from Hartford Value HLS Fund. Change effective September 18, 2020.
(4) Merged assets from Hartford Growth Opportunities HLS Fund. Change effective September 18, 2020.
(5) Merged assets from Hartford Global Growth HLS Fund. Change effective September 18, 2020.
(6) Merged assets from Hartford MidCap Value HLS Fund. Change effective September 18, 2020.
(7) Merged assets from Hartford MidCap Growth HLS Fund. Change effective September 18, 2020.
(8) Merged assets from Hartford U.S. Government Securities HLS Fund. Change effective September 25, 2020.
(9) Formerly Lord Abbett Series Fund – Calibrated Dividend Growth Portfolio. Change effective April 1, 2020.
(10) Funded as of April 30, 2020.
(11) Merged assets from Invesco V.I. Mid Cap Growth Fund. Change effective April 30, 2020.
(12) See Note 8 for additional information related to this Sub-Account.




SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations
For the Periods Ended December 31, 2020
American Century VP Value FundAmerican Century VP Growth FundAB VPS Balanced Wealth Strategy PortfolioAB VPS International Value PortfolioAB VPS Small/Mid Cap Value PortfolioAB VPS International Growth PortfolioInvesco V.I. Value Opportunities FundInvesco V.I. Core Equity FundInvesco V.I. Government Securities FundInvesco V.I. High Yield Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$27,766 $248 $56,031 $52,653 $8,871 $4,272 $39,990 $305,933 $1,667,233 $19,898 
Expenses:
  Administrative charges— — — — — — (14,055)(38,501)(95,411)(422)
  Mortality and expense risk charges(8,826)(491)(39,643)(52,739)(16,631)(7,042)(177,269)(390,555)(1,134,475)(6,406)
    Total expenses(8,826)(491)(39,643)(52,739)(16,631)(7,042)(191,324)(429,056)(1,229,886)(6,828)
    Net investment income (loss)18,940 (243)16,388 (86)(7,760)(2,770)(151,334)(123,123)437,347 13,070 
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions71,961 6,383 (121,538)(48,305)(35,769)16,385 (973,271)370,464 289,286 (4,283)
  Net realized gain distributions34,024 5,336 79,841 — 54,647 33,353 453,505 5,308,994 — — 
  Change in unrealized appreciation (depreciation) during the period(114,624)11,029 223,233 166,716 42,670 48,552 988,900 (2,758,899)2,267,943 (3,380)
    Net gain (loss) on investments(8,639)22,748 181,536 118,411 61,548 98,290 469,134 2,920,559 2,557,229 (7,663)
    Net increase (decrease) in net assets resulting from operations$10,301 $22,505 $197,924 $118,325 $53,788 $95,520 $317,800 $2,797,436 $2,994,576 $5,407 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Invesco V.I. International Growth FundInvesco V.I. Mid Cap Core Equity FundInvesco V.I. Small Cap Equity FundInvesco V.I. Balanced-Risk Allocation FundInvesco V.I. Diversified Dividend FundInvesco V.I. Government Money Market FundAmerican Century VP Mid Cap Value FundAB VPS Growth and Income PortfolioAmerican Funds Insurance Series® Capital World Bond FundAmerican Funds Insurance Series® Global Growth and Income Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account (1)Sub-Account
Investment income:
  Dividends$546,489 $157,633 $48,460 $74,079 $165 $139,611 $1,280 $1,157 $230,081 $441,646 
Expenses:
  Administrative charges(24,852)(29,860)(45)— — — — — — — 
  Mortality and expense risk charges(363,588)(385,423)(290,483)(14,451)(97)(899,198)(513)(1,313)(348,743)(625,480)
    Total expenses(388,440)(415,283)(290,528)(14,451)(97)(899,198)(513)(1,313)(348,743)(625,480)
    Net investment income (loss)158,049 (257,650)(242,068)59,628 68 (759,587)767 (156)(118,662)(183,834)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions865,257 (632,253)(50,526)(25,150)221 — 187 (1,916)174,919 713,344 
  Net realized gain distributions543,598 4,462,897 1,408,130 49,487 150 — — 4,733 334,034 945,165 
  Change in unrealized appreciation (depreciation) during the period1,324,231 (2,055,784)3,179,534 (6,898)(559)— 1,151 (1,781)1,092,691 657,904 
    Net gain (loss) on investments2,733,086 1,774,860 4,537,138 17,439 (188)— 1,338 1,036 1,601,644 2,316,413 
    Net increase (decrease) in net assets resulting from operations$2,891,135 $1,517,210 $4,295,070 $77,067 $(120)$(759,587)$2,105 $880 $1,482,982 $2,132,579 
The accompanying notes are an integral part of these financial statements.

SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
American Funds Insurance Series® Asset Allocation FundAmerican Funds Insurance Series® Blue Chip Income and Growth FundAmerican Funds Insurance Series® Bond FundAmerican Funds Insurance Series® Global Growth FundAmerican Funds Insurance Series® Growth FundAmerican Funds Insurance Series® Growth-Income FundAmerican Funds Insurance Series® International FundAmerican Funds Insurance Series® New World FundAmerican Funds Insurance Series® Global Small Capitalization FundColumbia Variable Portfolio - Small Company Growth Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$2,067,161 $1,020,948 $2,317,948 $155,045 $1,323,665 $3,986,737 $464,275 $17,778 $50,337 $— 
Expenses:
  Administrative charges(187,660)(78,560)(150,630)(67,249)(606,312)(434,758)(88,705)(32,329)(39,645)— 
  Mortality and expense risk charges(2,121,331)(1,005,887)(1,736,984)(739,150)(7,078,883)(4,920,421)(1,212,344)(436,598)(514,929)(109,662)
    Total expenses(2,308,991)(1,084,447)(1,887,614)(806,399)(7,685,195)(5,355,179)(1,301,049)(468,927)(554,574)(109,662)
    Net investment income (loss)(241,830)(63,499)430,334 (651,354)(6,361,530)(1,368,442)(836,774)(451,149)(504,237)(109,662)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions4,271,604 519,427 1,129,990 2,318,132 25,336,598 7,106,229 496,021 1,000,918 1,065,943 388,313 
  Net realized gain distributions588,624 724,112 1,044,257 1,278,535 10,288,398 8,029,643 — 278,755 1,950,649 93,465 
  Change in unrealized appreciation (depreciation) during the period7,846,714 2,598,719 5,711,295 8,794,434 150,660,943 19,072,366 10,312,974 4,422,439 5,714,086 2,406,417 
    Net gain (loss) on investments12,706,942 3,842,258 7,885,542 12,391,101 186,285,939 34,208,238 10,808,995 5,702,112 8,730,678 2,888,195 
    Net increase (decrease) in net assets resulting from operations$12,465,112 $3,778,759 $8,315,876 $11,739,747 $179,924,409 $32,839,796 $9,972,221 $5,250,963 $8,226,441 $2,778,533 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Wells Fargo VT Omega Growth FundFidelity® VIP Growth PortfolioFidelity® VIP Contrafund® PortfolioFidelity® VIP Mid Cap PortfolioFidelity® VIP Value Strategies PortfolioFidelity® VIP Dynamic Capital Appreciation PortfolioFidelity® VIP Strategic Income PortfolioFranklin Rising Dividends VIP FundFranklin Income VIP FundFranklin Large Cap Growth VIP Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$— $632 $10,252 $33,211 $5,210 $102 $1,336 $1,563,892 $12,923,448 $— 
Expenses:
  Administrative charges(1,080)— — — — — — (173,325)(301,197)(36,295)
  Mortality and expense risk charges(10,767)(27,804)(199,547)(132,880)(9,024)(4,218)(255)(2,022,091)(3,554,668)(430,645)
    Total expenses(11,847)(27,804)(199,547)(132,880)(9,024)(4,218)(255)(2,195,416)(3,855,865)(466,940)
    Net investment income (loss)(11,847)(27,172)(189,295)(99,669)(3,814)(4,116)1,081 (631,524)9,067,583 (466,940)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions16,818 194,803 977,304 94,851 91 4,935 (33)2,698,685 (1,979,991)1,477,593 
  Net realized gain distributions52,928 147,460 68,888 — 27,407 3,211 421 6,633,106 183,335 2,392,299 
  Change in unrealized appreciation (depreciation) during the period187,144 402,301 2,351,054 1,567,742 11,002 59,506 1,293 7,621,955 (12,334,182)5,216,953 
    Net gain (loss) on investments256,890 744,564 3,397,246 1,662,593 38,500 67,652 1,681 16,953,746 (14,130,838)9,086,845 
    Net increase (decrease) in net assets resulting from operations$245,043 $717,392 $3,207,951 $1,562,924 $34,686 $63,536 $2,762 $16,322,222 $(5,063,255)$8,619,905 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Franklin Global Real Estate VIP FundFranklin Small-Mid Cap Growth VIP FundFranklin Small Cap Value VIP FundFranklin Strategic Income VIP FundFranklin Mutual Shares VIP FundTempleton Developing Markets VIP FundTempleton Foreign VIP FundTempleton Growth VIP FundFranklin Mutual Global Discovery VIP FundFranklin Flex Cap Growth VIP Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$12,361 $— $120,935 $3,433,678 $3,288,093 $521,474 $1,484,075 $1,911,527 $786,058 $— 
Expenses:
  Administrative charges(574)(63,975)— (89,398)(164,007)(15,166)(63,727)(90,274)(40,846)(18,325)
  Mortality and expense risk charges(5,437)(748,932)(139,063)(1,130,461)(1,876,083)(207,740)(687,809)(1,026,210)(583,142)(215,844)
    Total expenses(6,011)(812,907)(139,063)(1,219,859)(2,040,090)(222,906)(751,536)(1,116,484)(623,988)(234,169)
    Net investment income (loss)6,350 (812,907)(18,128)2,213,819 1,248,003 298,568 732,539 795,043 162,070 (234,169)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions(5,048)123,171 (595,542)(1,502,094)(1,860,922)196,479 (1,158,552)(2,550,980)(1,643,116)310,508 
  Net realized gain distributions39,711 5,889,693 523,991 — 4,583,866 310,088 — — 632,858 756,927 
  Change in unrealized appreciation (depreciation) during the period(72,075)14,071,218 506,761 254,386 (14,282,385)932,637 (40,815)3,377,086 (2,322,917)3,538,499 
    Net gain (loss) on investments(37,412)20,084,082 435,210 (1,247,708)(11,559,441)1,439,204 (1,199,367)826,106 (3,333,175)4,605,934 
    Net increase (decrease) in net assets resulting from operations$(31,062)$19,271,175 $417,082 $966,111 $(10,311,438)$1,737,772 $(466,828)$1,621,149 $(3,171,105)$4,371,765 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Templeton Global Bond VIP FundHartford Balanced HLS FundHartford Total Return Bond HLS FundHartford Capital Appreciation HLS FundHartford Dividend and Growth HLS FundHartford Healthcare HLS FundHartford Global Growth HLS FundHartford Disciplined Equity HLS FundHartford Growth Opportunities HLS FundHartford High Yield HLS Fund
Sub-Account Sub-Account Sub-Account (2)Sub-Account Sub-Account (3)Sub-Account Sub-Account (4)Sub-Account (5)(6)Sub-Account (7)Sub-Account (8)
Investment income:
  Dividends$613,081 $152,028 $2,869,835 $710,182 $1,073,400 $246 $3,781 $92,884 $— $421,745 
Expenses:
  Administrative charges— (8,502)(22,966)(21,088)(13,841)(121)(307)(461)(76)(72)
  Mortality and expense risk charges(123,516)(184,510)(1,268,193)(1,294,392)(917,874)(1,009)(13,303)(232,415)(218,433)(51,013)
    Total expenses(123,516)(193,012)(1,291,159)(1,315,480)(931,715)(1,130)(13,610)(232,876)(218,509)(51,085)
    Net investment income (loss)489,565 (40,984)1,578,676 (605,298)141,685 (884)(9,829)(139,992)(218,509)370,660 
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions(251,204)300,664 922,050 1,744,600 (100,050)227 (98,720)331,132 571,410 (517,442)
  Net realized gain distributions— 529,983 174,450 6,050,668 3,035,300 16,039 404,354 695,174 8,265,431 — 
  Change in unrealized appreciation (depreciation) during the period(816,931)140,174 2,721,172 8,040,991 391,727 855 (133,014)3,239,781 (2,188,952)141,432 
    Net gain (loss) on investments(1,068,135)970,821 3,817,672 15,836,259 3,326,977 17,121 172,620 4,266,087 6,647,889 (376,010)
    Net increase (decrease) in net assets resulting from operations$(578,570)$929,837 $5,396,348 $15,230,961 $3,468,662 $16,237 $162,791 $4,126,095 $6,429,380 $(5,350)
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Hartford International Opportunities HLS FundHartford MidCap Growth HLS FundHartford MidCap HLS FundHartford MidCap Value HLS FundHartford Ultrashort Bond HLS FundHartford Small Company HLS FundHartford SmallCap Growth HLS FundHartford Stock HLS FundHartford U.S. Government Securities HLS FundHartford Value HLS Fund
Sub-Account Sub-Account (9)Sub-Account (10)(11)Sub-Account (12)Sub-Account (13)Sub-Account Sub-Account Sub-Account Sub-Account (14)Sub-Account (15)
Investment income:
  Dividends$96,517 $— $402 $1,565 $917,614 $— $— $83,223 $110,567 $14,194 
Expenses:
  Administrative charges(1,773)— (1,015)— (53,176)(2,470)(125)(7,604)(143)— 
  Mortality and expense risk charges(84,179)(13,739)(16,681)(5,060)(659,529)(49,546)(20,932)(106,588)(36,442)(9,145)
    Total expenses(85,952)(13,739)(17,696)(5,060)(712,705)(52,016)(21,057)(114,192)(36,585)(9,145)
    Net investment income (loss)10,565 (13,739)(17,294)(3,495)204,909 (52,016)(21,057)(30,969)73,982 5,049 
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions193,696 (223,343)7,360 (122,191)136,253 38,252 20,469 328,776 32,540 (141,279)
  Net realized gain distributions— 303,289 90,587 30,435 — 415,317 50,501 399,613 — 123,991 
  Change in unrealized appreciation (depreciation) during the period752,496 3,460 416,651 23,644 (501,993)824,328 378,846 (149,719)34,002 (116,942)
    Net gain (loss) on investments946,192 83,406 514,598 (68,112)(365,740)1,277,897 449,816 578,670 66,542 (134,230)
    Net increase (decrease) in net assets resulting from operations$956,757 $69,667 $497,304 $(71,607)$(160,831)$1,225,881 $428,759 $547,701 $140,524 $(129,181)
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Rational Trend Aggregation VA FundRational Insider Buying VA FundLord Abbett Series Fund - Fundamental Equity PortfolioLord Abbett Series Fund - Dividend Growth PortfolioLord Abbett Series Fund - Bond Debenture PortfolioLord Abbett Series Fund - Growth and Income PortfolioMFS® Growth SeriesMFS® Global Equity SeriesMFS® Investors Trust SeriesMFS® Mid Cap Growth Series
Sub-Account Sub-Account Sub-Account Sub-Account (16)Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$14,110 $— $6,891 $21,666 $274,755 $18,628 $— $41,324 $241,520 $— 
Expenses:
  Administrative charges(2,642)(1,859)— — — — (34,588)(5,727)(59,353)(26,767)
  Mortality and expense risk charges(28,259)(40,253)(4,324)(36,792)(111,541)(18,194)(441,205)(62,946)(633,155)(321,294)
    Total expenses(30,901)(42,112)(4,324)(36,792)(111,541)(18,194)(475,793)(68,673)(692,508)(348,061)
    Net investment income (loss)(16,791)(42,112)2,567 (15,126)163,214 434 (475,793)(27,349)(450,988)(348,061)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions(56,009)(123,501)(32,988)30,968 29,424 21,622 2,701,990 79,049 1,991,469 545,095 
  Net realized gain distributions— 192,641 1,110 43,533 — — 1,700,529 136,569 1,156,166 1,328,957 
  Change in unrealized appreciation (depreciation) during the period58,277 292,739 32,322 196,052 176,822 (24,884)2,924,847 135,015 1,779,469 3,743,762 
    Net gain (loss) on investments2,268 361,879 444 270,553 206,246 (3,262)7,327,366 350,633 4,927,104 5,617,814 
    Net increase (decrease) in net assets resulting from operations$(14,523)$319,767 $3,011 $255,427 $369,460 $(2,828)$6,851,573 $323,284 $4,476,116 $5,269,753 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
MFS® New Discovery SeriesMFS® Total Return SeriesMFS® Value SeriesMFS® Total Return Bond SeriesMFS® Research SeriesMFS® High Yield PortfolioBlackRock Managed Volatility V.I. FundBlackRock Global Allocation V.I. FundBlackRock S&P 500 Index V.I. FundBlackRock Large Cap Focus Growth V.I. Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$— $2,517,444 $655,991 $1,950,287 $25,994 $1,209,000 $786,971 $589 $46,488 $— 
Expenses:
  Administrative charges(44,539)(167,896)(41,281)(81,626)(6,043)— — — — (639)
  Mortality and expense risk charges(466,818)(1,813,347)(684,308)(840,135)(61,667)(389,425)(155,165)(291)(23,113)(8,218)
    Total expenses(511,357)(1,981,243)(725,589)(921,761)(67,710)(389,425)(155,165)(291)(23,113)(8,857)
    Net investment income (loss)(511,357)536,201 (69,598)1,028,526 (41,716)819,575 631,806 298 23,375 (8,857)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions1,610,516 2,167,118 926,643 545,469 101,567 (394,173)(257,340)45 41,566 2,947 
  Net realized gain distributions2,621,744 2,933,655 1,937,056 — 143,291 — — 2,867 203,205 28,545 
  Change in unrealized appreciation (depreciation) during the period7,358,567 2,434,115 (1,850,923)1,812,420 287,573 117,297 119,726 5,381 205,610 127,907 
    Net gain (loss) on investments11,590,827 7,534,888 1,012,776 2,357,889 532,431 (276,876)(137,614)8,293 450,381 159,399 
    Net increase (decrease) in net assets resulting from operations$11,079,470 $8,071,089 $943,178 $3,386,415 $490,715 $542,699 $494,192 $8,591 $473,756 $150,542 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
BlackRock Equity Dividend V.I. FundMorgan Stanley VIF Core Plus Fixed Income PortfolioMorgan Stanley VIF Growth PortfolioMorgan Stanley VIF Discovery PortfolioInvesco V.I. American Value FundBlackRock Capital Appreciation V.I. FundColumbia Variable Portfolio - Asset Allocation FundColumbia Variable Portfolio - Dividend Opportunity FundColumbia Variable Portfolio - Income Opportunities FundColumbia Variable Portfolio - Mid Cap Growth Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account (17)Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$9,307 $123 $— $— $6,721 $— $43,750 $— $223,728 $— 
Expenses:
  Administrative charges— — — — — — — — (2,726)(2,831)
  Mortality and expense risk charges(3,127)(80)(5,973)(27,622)(15,509)(2,320)(11,243)(121,273)(95,124)(139,380)
    Total expenses(3,127)(80)(5,973)(27,622)(15,509)(2,320)(11,243)(121,273)(97,850)(142,211)
    Net investment income (loss)6,180 43 (5,973)(27,622)(8,788)(2,320)32,507 (121,273)125,878 (142,211)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions5,055 38 30,039 310,176 (22,840)6,317 (498,573)236,829 (101,389)669,075 
  Net realized gain distributions16,788 50 27,773 185,015 10,257 33,106 447,923 — — — 
  Change in unrealized appreciation (depreciation) during the period(9,158)134 148,461 1,089,207 51,010 81,640 (113,129)(174,362)133,247 1,453,467 
    Net gain (loss) on investments12,685 222 206,273 1,584,398 38,427 121,063 (163,779)62,467 31,858 2,122,542 
    Net increase (decrease) in net assets resulting from operations$18,865 $265 $200,300 $1,556,776 $29,639 $118,743 $(131,272)$(58,806)$157,736 $1,980,331 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Invesco Oppenheimer V.I. Discovery Mid Cap Growth FundInvesco Oppenheimer V.I. Capital Appreciation FundInvesco Oppenheimer V.I. Global FundInvesco Oppenheimer V.I. Main Street Fund®Invesco Oppenheimer V.I. Main Street Small Cap Fund®Putnam VT Diversified Income FundPutnam VT Global Asset Allocation FundPutnam VT Growth Opportunities FundPutnam VT International Value FundPutnam VT International Equity Fund
Sub-Account (18)(19)Sub-Account Sub-Account Sub-Account (21)Sub-Account (21)Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$— $— $16,148 $4,343 $10,582 $646,316 $9,199 $616 $329 $3,866 
Expenses:
  Administrative charges— — — — — — — — — — 
  Mortality and expense risk charges(33,332)(4,617)(60,879)(5,975)(48,041)(132,495)(8,838)(9,132)(197)(4,588)
    Total expenses(33,332)(4,617)(60,879)(5,975)(48,041)(132,495)(8,838)(9,132)(197)(4,588)
    Net investment income (loss)(33,332)(4,617)(44,731)(1,632)(37,459)513,821 361 (8,516)132 (722)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions70,297 17,359 186,854 6,030 94,714 (239,285)2,833 219,261 (166)3,430 
  Net realized gain distributions— 41,546 133,907 36,778 42,199 — 9,493 87,121 193 — 
  Change in unrealized appreciation (depreciation) during the period911,202 25,007 570,679 2,908 521,268 (532,839)35,660 133,828 (83)21,936 
    Net gain (loss) on investments981,499 83,912 891,440 45,716 658,181 (772,124)47,986 440,210 (56)25,366 
    Net increase (decrease) in net assets resulting from operations$948,167 $79,295 $846,709 $44,084 $620,722 $(258,303)$48,347 $431,694 $76 $24,644 
The accompanying notes are an integral part of these financial statements.

SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Putnam VT Small Cap Value FundJPMorgan Insurance Trust Core Bond PortfolioJPMorgan Insurance Trust U.S. Equity PortfolioJPMorgan Insurance Trust Mid Cap Value PortfolioPutnam VT Equity Income FundPIMCO VIT All Asset PortfolioPIMCO StocksPLUS® Global PortfolioPrudential Series Jennison 20/20 Focus PortfolioPrudential Series Jennison PortfolioPrudential Series Value Portfolio
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$1,308 $459,333 $31,668 $38,866 $927 $587 $3,239 $— $— $— 
Expenses:
  Administrative charges— — — — — — — (10)(343)— 
  Mortality and expense risk charges(2,168)(369,278)(60,730)(41,403)(278)(78)(2,032)(94)(3,886)(267)
    Total expenses(2,168)(369,278)(60,730)(41,403)(278)(78)(2,032)(104)(4,229)(267)
    Net investment income (loss)(860)90,055 (29,062)(2,537)649 509 1,207 (104)(4,229)(267)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions(11,097)276,423 349,044 (79,155)2,024 (5)(11,472)87 10,098 199 
  Net realized gain distributions— — 255,387 162,158 3,734 — 29,771 — — — 
  Change in unrealized appreciation (depreciation) during the period17,232 1,065,247 272,679 (72,675)(8,109)402 20,111 1,836 94,749 310 
    Net gain (loss) on investments6,135 1,341,670 877,110 10,328 (2,351)397 38,410 1,923 104,847 509 
    Net increase (decrease) in net assets resulting from operations$5,275 $1,431,725 $848,048 $7,791 $(1,702)$906 $39,617 $1,819 $100,618 $242 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (continued)
For the Periods Ended December 31, 2020
Prudential Series SP International Growth PortfolioClearBridge Variable Dividend Strategy PortfolioWestern Asset Variable Global High Yield Bond PortfolioClearbridge Variable Large Cap Value PortfolioInvesco V.I. Growth and Income FundInvesco V.I. Comstock FundInvesco V.I. American Franchise FundInvesco V.I. Mid Cap Growth FundWells Fargo VT Index Asset Allocation FundWells Fargo VT International Equity Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account (20)Sub-Account Sub-Account
Investment income:
  Dividends$— $388 $1,323 $8,995 $19,466 $3,372 $12,850 $— $232 $18,249 
Expenses:
  Administrative charges— — (50)(980)(281)(177)— — — — 
  Mortality and expense risk charges(150)(383)(417)(8,168)(13,689)(3,302)(357,574)(13,146)(509)(10,107)
    Total expenses(150)(383)(467)(9,148)(13,970)(3,479)(357,574)(13,146)(509)(10,107)
    Net investment income (loss)(150)856 (153)5,496 (107)(344,724)(13,146)(277)8,142 
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions285 455 (318)2,752 (19,855)(4,710)1,316,457 (681,221)503 (67,245)
  Net realized gain distributions— 243 — 70,555 16,432 4,192 1,365,934 620,829 2,238 — 
  Change in unrealized appreciation (depreciation) during the period2,872 733 1,395 (49,139)33,041 (9,969)3,889,113 (14,791)1,442 89,169 
    Net gain (loss) on investments3,157 1,431 1,077 24,168 29,618 (10,487)6,571,504 (75,183)4,183 21,924 
    Net increase (decrease) in net assets resulting from operations$3,007 $1,436 $1,933 $24,015 $35,114 $(10,594)$6,226,780 $(88,329)$3,906 $30,066 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Operations (concluded)
For the Periods Ended December 31, 2020
Wells Fargo VT Small Cap Growth FundWells Fargo VT Discovery FundWells Fargo VT Opportunity FundMFS® Core Equity PortfolioMFS® Massachusetts Investors Growth Stock PortfolioMFS® Research International PortfolioColumbia Variable Portfolio - Large Cap Growth FundColumbia Variable Portfolio - Overseas Core FundCTIVP® - Loomis Sayles Growth Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Investment income:
  Dividends$— $— $31,712 $32,812 $31,538 $140,771 $— $58,913 $— 
Expenses:
  Administrative charges— — — — — — — — — 
  Mortality and expense risk charges(15,068)(164)(73,988)(84,793)(131,231)(120,644)(155,889)(89,181)(131,216)
    Total expenses(15,068)(164)(73,988)(84,793)(131,231)(120,644)(155,889)(89,181)(131,216)
    Net investment income (loss)(15,068)(164)(42,276)(51,981)(99,693)20,127 (155,889)(30,268)(131,216)
Net realized and unrealized gain (loss) on investments:
  Net realized gain (loss) on security transactions46,757 282 184,784 52,506 311,941 75,687 935,040 (29,284)470,463 
  Net realized gain distributions46,438 1,055 345,157 226,708 668,045 235,740 — 50,794 — 
  Change in unrealized appreciation (depreciation) during the period304,887 5,110 366,243 485,941 423,022 397,995 1,327,754 300,625 1,293,818 
    Net gain (loss) on investments398,082 6,447 896,184 765,155 1,403,008 709,422 2,262,794 322,135 1,764,281 
    Net increase (decrease) in net assets resulting from operations$383,014 $6,283 $853,908 $713,174 $1,303,315 $729,549 $2,106,905 $291,867 $1,633,065 
The accompanying notes are an integral part of these financial statements.










(1) Formerly American Funds Insurance Series® Global Bond Fund. Change effective May 1, 2020.
(2) Merged assets from Hartford High Yield HLS Fund. Change effective September 25, 2020.
(3) Merged assets from Hartford Value HLS Fund. Change effective September 18, 2020.
(4) Merged into Hartford Disciplined Equity HLS Fund. Change effective September 18, 2020.
(5) Merged assets from Hartford Growth Opportunities HLS Fund. Change effective September 18, 2020.
(6) Merged assets from Hartford Global Growth HLS Fund. Change effective September 18, 2020.
(7) Merged into Hartford Disciplined Equity HLS Fund. Change effective September 18, 2020.
(8) Merged into Hartford Total Return Bond HLS Fund. Change effective September 25, 2020.
(9) Merged into Hartford MidCap HLS Fund. Change effective September 18, 2020.
(10) Merged assets from Hartford MidCap Value HLS Fund. Change effective September 18, 2020.
(11) Merged assets from Hartford MidCap Growth HLS Fund. Change effective September 18, 2020.
(12) Merged into Hartford MidCap HLS Fund. Change effective September 18, 2020.
(13) Merged assets from Hartford U.S. Government Securities HLS Fund. Change effective September 25, 2020.
(14) Merged into Hartford Ultrashort Bond HLS Fund. Change effective September 25, 2020.
(15) Merged into Hartford Dividend and Growth HLS Fund. Change effective September 18, 2020.
(16) Formerly Lord Abbett Series Fund – Calibrated Dividend Growth Portfolio. Change effective April 1, 2020.
(17) Liquidated as of April 24, 2020.
(18) Funded as of April 30, 2020.
(19) Merged assets from Invesco V.I. Mid Cap Growth Fund. Change effective April 30, 2020.
(20) Merged into Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund. Change effective April 30, 2020.
(21) See Note 8 for additional information related to this Sub-Account.




SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets
For the Periods Ended December 31, 2020
American Century VP Value FundAmerican Century VP Growth FundAB VPS Balanced Wealth Strategy PortfolioAB VPS International Value PortfolioAB VPS Small/Mid Cap Value PortfolioAB VPS International Growth PortfolioInvesco V.I. Value Opportunities FundInvesco V.I. Core Equity FundInvesco V.I. Government Securities FundInvesco V.I. High Yield Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$18,940 $(243)$16,388 $(86)$(7,760)$(2,770)$(151,334)$(123,123)$437,347 $13,070 
  Net realized gain (loss) on security transactions71,961 6,383 (121,538)(48,305)(35,769)16,385 (973,271)370,464 289,286 (4,283)
  Net realized gain distributions34,024 5,336 79,841 — 54,647 33,353 453,505 5,308,994 — — 
  Change in unrealized appreciation (depreciation) during the period(114,624)11,029 223,233 166,716 42,670 48,552 988,900 (2,758,899)2,267,943 (3,380)
  Net increase (decrease) in net assets resulting from operations10,301 22,505 197,924 118,325 53,788 95,520 317,800 2,797,436 2,994,576 5,407 
Unit transactions:
  Purchases— 1,200 20,359 16,900 874 — 17,492 53,323 311,416 — 
  Net transfers98,588 (16,075)(12,676)267,739 69,845 (18,821)(203,515)(845,192)4,719,983 27,210 
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(251,661)(4,814)(1,097,485)(365,706)(115,202)(25,137)(952,829)(2,106,625)(7,061,520)(8,384)
  Other transactions— — 994 (14)— 224 2,110 3,774 — 
  Death benefits(20,244)— (70,354)(66,317)(32,809)(26,947)(209,728)(609,668)(1,961,295)(14,924)
  Net annuity transactions— — (424)5,607 — — (15,553)(59,854)(26,743)(348)
  Net increase (decrease) in net assets resulting from unit transactions(173,317)(19,689)(1,159,586)(141,791)(77,292)(70,904)(1,363,909)(3,565,906)(4,014,385)3,554 
  Net increase (decrease) in net assets(163,016)2,816 (961,662)(23,466)(23,504)24,616 (1,046,109)(768,470)(1,019,809)8,961 
Net assets:
  Beginning of period1,455,732 77,063 3,595,924 3,878,473 1,272,620 412,327 12,673,729 25,754,092 67,824,159 324,289 
  End of period$1,292,716 $79,879 $2,634,262 $3,855,007 $1,249,116 $436,943 $11,627,620 $24,985,622 $66,804,350 $333,250 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Invesco V.I. International Growth FundInvesco V.I. Mid Cap Core Equity FundInvesco V.I. Small Cap Equity FundInvesco V.I. Balanced-Risk Allocation FundInvesco V.I. Diversified Dividend FundInvesco V.I. Government Money Market FundAmerican Century VP Mid Cap Value FundAB VPS Growth and Income PortfolioAmerican Funds Insurance Series® Capital World Bond FundAmerican Funds Insurance Series® Global Growth and Income Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account (1)Sub-Account
Operations:
  Net investment income (loss)$158,049 $(257,650)$(242,068)$59,628 $68 $(759,587)$767 $(156)$(118,662)$(183,834)
  Net realized gain (loss) on security transactions865,257 (632,253)(50,526)(25,150)221 — 187 (1,916)174,919 713,344 
  Net realized gain distributions543,598 4,462,897 1,408,130 49,487 150 — — 4,733 334,034 945,165 
  Change in unrealized appreciation (depreciation) during the period1,324,231 (2,055,784)3,179,534 (6,898)(559)— 1,151 (1,781)1,092,691 657,904 
  Net increase (decrease) in net assets resulting from operations2,891,135 1,517,210 4,295,070 77,067 (120)(759,587)2,105 880 1,482,982 2,132,579 
Unit transactions:
  Purchases65,231 90,003 86,199 1,800 — 831,975 189 — 17,148 100,568 
  Net transfers(292,415)(450,300)(346,705)(48,184)— 29,262,465 5,482 6,194 281,020 (1,176,954)
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(2,518,092)(1,917,615)(1,285,901)(133,046)(550)(20,203,218)(2,382)(5,214)(1,757,065)(3,205,937)
  Other transactions657 38 322 — — 15,949 — — 900 863 
  Death benefits(465,525)(573,846)(491,971)(11,840)— (2,337,570)— (2,503)(238,213)(701,738)
  Net annuity transactions10,934 (22,040)(12,262)— — 347,628 — (4,230)(26,657)(37,475)
  Net increase (decrease) in net assets resulting from unit transactions(3,199,210)(2,873,760)(2,050,318)(191,270)(550)7,917,229 3,289 (5,753)(1,722,867)(5,020,673)
  Net increase (decrease) in net assets(308,075)(1,356,550)2,244,752 (114,203)(670)7,157,642 5,394 (4,873)(239,885)(2,888,094)
Net assets:
  Beginning of period26,541,900 25,506,863 17,488,092 1,049,703 6,965 45,661,891 81,643 102,971 20,234,122 41,881,710 
  End of period$26,233,825 $24,150,313 $19,732,844 $935,500 $6,295 $52,819,533 $87,037 $98,098 $19,994,237 $38,993,616 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
American Funds Insurance Series® Asset Allocation FundAmerican Funds Insurance Series® Blue Chip Income and Growth FundAmerican Funds Insurance Series® Bond FundAmerican Funds Insurance Series® Global Growth FundAmerican Funds Insurance Series® Growth FundAmerican Funds Insurance Series® Growth-Income FundAmerican Funds Insurance Series® International FundAmerican Funds Insurance Series® New World FundAmerican Funds Insurance Series® Global Small Capitalization FundColumbia Variable Portfolio - Small Company Growth Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$(241,830)$(63,499)$430,334 $(651,354)$(6,361,530)$(1,368,442)$(836,774)$(451,149)$(504,237)$(109,662)
  Net realized gain (loss) on security transactions4,271,604 519,427 1,129,990 2,318,132 25,336,598 7,106,229 496,021 1,000,918 1,065,943 388,313 
  Net realized gain distributions588,624 724,112 1,044,257 1,278,535 10,288,398 8,029,643 — 278,755 1,950,649 93,465 
  Change in unrealized appreciation (depreciation) during the period7,846,714 2,598,719 5,711,295 8,794,434 150,660,943 19,072,366 10,312,974 4,422,439 5,714,086 2,406,417 
  Net increase (decrease) in net assets resulting from operations12,465,112 3,778,759 8,315,876 11,739,747 179,924,409 32,839,796 9,972,221 5,250,963 8,226,441 2,778,533 
Unit transactions:
  Purchases337,893 133,285 363,212 125,845 1,210,550 1,037,154 217,034 54,246 48,316 3,951 
  Net transfers1,036,547 81,101 10,877,209 (553,224)(27,502,350)(4,790,556)898,895 (800,692)(1,113,370)(494,741)
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(10,663,381)(5,366,804)(10,530,161)(3,706,336)(36,665,838)(26,886,561)(6,905,814)(2,097,511)(2,761,843)(458,718)
  Other transactions1,817 1,294 687 1,053 29,373 17,728 1,901 70 624 23 
  Death benefits(3,789,433)(1,102,786)(2,360,625)(882,715)(9,577,247)(6,688,296)(1,297,628)(426,370)(449,084)(86,109)
  Net annuity transactions(187,234)(104,439)(22,024)(30,868)(830,808)(603,634)21,322 (38,077)12,536 (60,109)
  Net increase (decrease) in net assets resulting from unit transactions(13,263,791)(6,358,349)(1,671,702)(5,046,245)(73,336,320)(37,914,165)(7,064,290)(3,308,334)(4,262,821)(1,095,703)
  Net increase (decrease) in net assets(798,679)(2,579,590)6,644,174 6,693,502 106,588,089 (5,074,369)2,907,931 1,942,629 3,963,620 1,682,830 
Net assets:
  Beginning of period135,014,446 67,075,208 111,523,128 46,013,318 410,095,735 327,072,132 85,410,841 27,625,726 33,336,774 4,755,462 
  End of period$134,215,767 $64,495,618 $118,167,302 $52,706,820 $516,683,824 $321,997,763 $88,318,772 $29,568,355 $37,300,394 $6,438,292 
The accompanying notes are an integral part of these financial statements.



SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Wells Fargo VT Omega Growth FundFidelity® VIP Growth PortfolioFidelity® VIP Contrafund® PortfolioFidelity® VIP Mid Cap PortfolioFidelity® VIP Value Strategies PortfolioFidelity® VIP Dynamic Capital Appreciation PortfolioFidelity® VIP Strategic Income PortfolioFranklin Rising Dividends VIP FundFranklin Income VIP FundFranklin Large Cap Growth VIP Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$(11,847)$(27,172)$(189,295)$(99,669)$(3,814)$(4,116)$1,081 $(631,524)$9,067,583 $(466,940)
  Net realized gain (loss) on security transactions16,818 194,803 977,304 94,851 91 4,935 (33)2,698,685 (1,979,991)1,477,593 
  Net realized gain distributions52,928 147,460 68,888 — 27,407 3,211 421 6,633,106 183,335 2,392,299 
  Change in unrealized appreciation (depreciation) during the period187,144 402,301 2,351,054 1,567,742 11,002 59,506 1,293 7,621,955 (12,334,182)5,216,953 
  Net increase (decrease) in net assets resulting from operations245,043 717,392 3,207,951 1,562,924 34,686 63,536 2,762 16,322,222 (5,063,255)8,619,905 
Unit transactions:
  Purchases— — 4,121 44,351 700 — — 589,708 667,430 33,579 
  Net transfers(31,942)(113,189)(559,595)(38,657)1,818 15,214 38 (2,314,740)(785,072)(2,379,567)
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(22,172)(110,360)(1,778,443)(856,885)(38,282)(40,769)(2,221)(11,572,300)(21,815,221)(2,525,723)
  Other transactions— (4)853 (1)— — 17,508 12,102 (95)
  Death benefits— — (119,178)(180,188)(4,136)— — (2,813,055)(6,306,950)(957,677)
  Net annuity transactions(279)— 18,255 20,891 — 11,924 — (409,689)(763,357)(44,195)
  Net increase (decrease) in net assets resulting from unit transactions(54,393)(223,545)(2,434,844)(1,009,635)(39,901)(13,631)(2,183)(16,502,568)(28,991,068)(5,873,678)
  Net increase (decrease) in net assets190,650 493,847 773,107 553,289 (5,215)49,905 579 (180,346)(34,054,323)2,746,227 
Net assets:
  Beginning of period614,982 1,404,128 12,589,544 9,383,865 605,174 235,677 44,850 135,938,565 257,745,353 25,076,182 
  End of period$805,632 $1,897,975 $13,362,651 $9,937,154 $599,959 $285,582 $45,429 $135,758,219 $223,691,030 $27,822,409 
The accompanying notes are an integral part of these financial statements.


SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Franklin Global Real Estate VIP FundFranklin Small-Mid Cap Growth VIP FundFranklin Small Cap Value VIP FundFranklin Strategic Income VIP FundFranklin Mutual Shares VIP FundTempleton Developing Markets VIP FundTempleton Foreign VIP FundTempleton Growth VIP FundFranklin Mutual Global Discovery VIP FundFranklin Flex Cap Growth VIP Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$6,350 $(812,907)$(18,128)$2,213,819 $1,248,003 $298,568 $732,539 $795,043 $162,070 $(234,169)
  Net realized gain (loss) on security transactions(5,048)123,171 (595,542)(1,502,094)(1,860,922)196,479 (1,158,552)(2,550,980)(1,643,116)310,508 
  Net realized gain distributions39,711 5,889,693 523,991 — 4,583,866 310,088 — — 632,858 756,927 
  Change in unrealized appreciation (depreciation) during the period(72,075)14,071,218 506,761 254,386 (14,282,385)932,637 (40,815)3,377,086 (2,322,917)3,538,499 
  Net increase (decrease) in net assets resulting from operations(31,062)19,271,175 417,082 966,111 (10,311,438)1,737,772 (466,828)1,621,149 (3,171,105)4,371,765 
Unit transactions:
  Purchases— 321,540 8,770 267,580 338,267 26,217 151,597 148,990 111,612 307,169 
  Net transfers20,325 (2,292,691)78,106 1,544,636 2,680,407 (283,448)4,083,508 (1,716,853)3,132 (211,402)
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(29,904)(3,678,685)(611,382)(6,345,378)(12,298,574)(1,013,872)(3,895,117)(7,052,736)(3,263,004)(880,472)
  Other transactions630 4,331 5,290 165 409 741 358 112 
  Death benefits(4,068)(766,400)(88,584)(1,829,078)(3,152,154)(156,244)(1,091,269)(1,771,558)(1,189,098)(440,616)
  Net annuity transactions(2,296)(21,473)29,051 (122,640)(336,116)768 (3,722)(113,597)(70,175)(10,630)
  Net increase (decrease) in net assets resulting from unit transactions(15,942)(6,437,079)(584,032)(6,480,549)(12,762,880)(1,426,414)(754,594)(10,505,013)(4,407,175)(1,235,839)
  Net increase (decrease) in net assets(47,004)12,834,096 (166,950)(5,514,438)(23,074,318)311,358 (1,221,422)(8,883,864)(7,578,280)3,135,926 
Net assets:
  Beginning of period448,426 40,798,664 9,329,485 75,407,009 147,740,874 13,484,769 49,557,327 76,144,110 43,570,706 11,596,294 
  End of period$401,422 $53,632,760 $9,162,535 $69,892,571 $124,666,556 $13,796,127 $48,335,905 $67,260,246 $35,992,426 $14,732,220 
The accompanying notes are an integral part of these financial statements.



SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Templeton Global Bond VIP FundHartford Balanced HLS FundHartford Total Return Bond HLS FundHartford Capital Appreciation HLS FundHartford Dividend and Growth HLS FundHartford Healthcare HLS FundHartford Global Growth HLS FundHartford Disciplined Equity HLS FundHartford Growth Opportunities HLS FundHartford High Yield HLS Fund
Sub-Account Sub-Account Sub-Account (2)Sub-Account Sub-Account (3)Sub-Account Sub-Account (4)Sub-Account (5)(6)Sub-Account (7)Sub-Account (8)
Operations:
  Net investment income (loss)$489,565 $(40,984)$1,578,676 $(605,298)$141,685 $(884)$(9,829)$(139,992)$(218,509)$370,660 
  Net realized gain (loss) on security transactions(251,204)300,664 922,050 1,744,600 (100,050)227 (98,720)331,132 571,410 (517,442)
  Net realized gain distributions— 529,983 174,450 6,050,668 3,035,300 16,039 404,354 695,174 8,265,431 — 
  Change in unrealized appreciation (depreciation) during the period(816,931)140,174 2,721,172 8,040,991 391,727 855 (133,014)3,239,781 (2,188,952)141,432 
  Net increase (decrease) in net assets resulting from operations(578,570)929,837 5,396,348 15,230,961 3,468,662 16,237 162,791 4,126,095 6,429,380 (5,350)
Unit transactions:
  Purchases41,683 64,661 381,097 261,746 240,076 — 234 46,212 79,170 16,788 
  Net transfers977,312 241,999 3,590,051 (5,472,189)729,289 307 (108,376)(1,682,318)(4,019,935)403,107 
  Net interfund transfers due to corporate actions— — 4,775,368 — 843,532 — (1,092,732)21,926,661 (20,833,929)(4,775,368)
  Surrenders for benefit payments and fees(861,281)(851,612)(9,213,494)(8,749,128)(6,848,860)(1,245)(38,342)(1,395,694)(1,579,707)(302,345)
  Other transactions(1)— 750 4,409 1,753 — — 22 (1)
  Death benefits(176,069)(300,885)(2,107,677)(2,215,218)(1,785,042)— (2,045)(371,289)(216,042)(38,642)
  Net annuity transactions60,755 (85,990)234,131 (226,739)(27,572)— (2,713)36,340 (30,962)(21,237)
  Net increase (decrease) in net assets resulting from unit transactions42,399 (931,827)(2,339,774)(16,397,119)(6,846,824)(938)(1,243,970)18,559,912 (26,601,383)(4,717,698)
  Net increase (decrease) in net assets(536,171)(1,990)3,056,574 (1,166,158)(3,378,162)15,299 (1,081,179)22,686,007 (20,172,003)(4,723,048)
Net assets:
  Beginning of period8,477,945 10,869,114 81,197,075 90,325,910 66,122,230 77,338 1,081,179 9,591,064 20,172,003 4,723,048 
  End of period$7,941,774 $10,867,124 $84,253,649 $89,159,752 $62,744,068 $92,637 $— $32,277,071 $— $— 
The accompanying notes are an integral part of these financial statements.




SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Hartford International Opportunities HLS FundHartford MidCap Growth HLS FundHartford MidCap HLS FundHartford MidCap Value HLS FundHartford Ultrashort Bond HLS FundHartford Small Company HLS FundHartford SmallCap Growth HLS FundHartford Stock HLS FundHartford U.S. Government Securities HLS FundHartford Value HLS Fund
Sub-Account Sub-Account (9)Sub-Account (10)(11)Sub-Account (12)Sub-Account (13)Sub-Account Sub-Account Sub-Account Sub-Account (14)Sub-Account (15)
Operations:
  Net investment income (loss)$10,565 $(13,739)$(17,294)$(3,495)$204,909 $(52,016)$(21,057)$(30,969)$73,982 $5,049 
  Net realized gain (loss) on security transactions193,696 (223,343)7,360 (122,191)136,253 38,252 20,469 328,776 32,540 (141,279)
  Net realized gain distributions— 303,289 90,587 30,435 — 415,317 50,501 399,613 — 123,991 
  Change in unrealized appreciation (depreciation) during the period752,496 3,460 416,651 23,644 (501,993)824,328 378,846 (149,719)34,002 (116,942)
  Net increase (decrease) in net assets resulting from operations956,757 69,667 497,304 (71,607)(160,831)1,225,881 428,759 547,701 140,524 (129,181)
Unit transactions:
  Purchases8,713 17,340 7,048 19,950 150,460 31,513 3,500 8,512 26,903 — 
  Net transfers(20,572)(114,639)(21,009)7,917 3,510,866 (164,361)62,596 (140,367)503,286 3,145 
  Net interfund transfers due to corporate actions— (1,050,090)1,382,162 (332,072)3,431,135 — — — (3,431,135)(843,532)
  Surrenders for benefit payments and fees(563,743)(45,916)(36,732)(8,547)(4,713,551)(183,274)(94,424)(476,984)(284,578)(47,063)
  Other transactions474 — (1)396 (1)15 
  Death benefits(115,749)(73,421)— — (1,251,418)(37,981)(9,468)(74,184)(17,623)(13,837)
  Net annuity transactions(8,731)— (4,740)— (114,342)(4,199)— (57,479)(740)— 
  Net increase (decrease) in net assets resulting from unit transactions(699,608)(1,266,726)1,326,728 (312,750)1,013,546 (358,295)(37,797)(740,487)(3,203,885)(901,284)
  Net increase (decrease) in net assets257,149 (1,197,059)1,824,032 (384,357)852,715 867,586 390,962 (192,786)(3,063,361)(1,030,465)
Net assets:
  Beginning of period5,894,481 1,197,059 706,416 384,357 40,209,037 2,668,198 1,348,558 6,414,508 3,063,361 1,030,465 
  End of period$6,151,630 $— $2,530,448 $— $41,061,752 $3,535,784 $1,739,520 $6,221,722 $— $— 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Rational Trend Aggregation VA FundRational Insider Buying VA FundLord Abbett Series Fund - Fundamental Equity PortfolioLord Abbett Series Fund - Dividend Growth PortfolioLord Abbett Series Fund - Bond Debenture PortfolioLord Abbett Series Fund - Growth and Income PortfolioMFS® Growth SeriesMFS® Global Equity SeriesMFS® Investors Trust SeriesMFS® Mid Cap Growth Series
Sub-Account Sub-Account Sub-Account Sub-Account (16)Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$(16,791)$(42,112)$2,567 $(15,126)$163,214 $434 $(475,793)$(27,349)$(450,988)$(348,061)
  Net realized gain (loss) on security transactions(56,009)(123,501)(32,988)30,968 29,424 21,622 2,701,990 79,049 1,991,469 545,095 
  Net realized gain distributions— 192,641 1,110 43,533 — — 1,700,529 136,569 1,156,166 1,328,957 
  Change in unrealized appreciation (depreciation) during the period58,277 292,739 32,322 196,052 176,822 (24,884)2,924,847 135,015 1,779,469 3,743,762 
  Net increase (decrease) in net assets resulting from operations(14,523)319,767 3,011 255,427 369,460 (2,828)6,851,573 323,284 4,476,116 5,269,753 
Unit transactions:
  Purchases31,881 744 563 22,064 29,853 — 93,394 35,086 137,159 38,485 
  Net transfers82,040 (49,265)7,537 (282,105)511,156 59,981 (1,969,913)16,239 (742,820)(1,032,443)
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(207,013)(227,760)(186,844)(307,580)(800,737)(105,907)(3,109,921)(279,184)(3,396,621)(2,017,009)
  Other transactions22 (175)1,026 (8)1,371 (87)(447)5,674 
  Death benefits(58,431)(12,910)(242)(96,471)(119,647)(8,895)(481,672)(95,050)(965,647)(657,921)
  Net annuity transactions(210)(1,578)— (34)43,519 — (24,620)(28,653)(35,495)(56,901)
  Net increase (decrease) in net assets resulting from unit transactions(151,730)(290,747)(179,161)(663,100)(335,864)(54,818)(5,491,361)(351,649)(5,003,871)(3,720,115)
  Net increase (decrease) in net assets(166,253)29,020 (176,150)(407,673)33,596 (57,646)1,360,212 (28,365)(527,755)1,549,638 
Net assets:
  Beginning of period2,474,112 2,819,126 782,705 2,839,270 7,503,126 1,256,255 25,902,364 4,257,184 41,612,666 19,290,225 
  End of period$2,307,859 $2,848,146 $606,555 $2,431,597 $7,536,722 $1,198,609 $27,262,576 $4,228,819 $41,084,911 $20,839,863 
The accompanying notes are an integral part of these financial statements.



SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
MFS® New Discovery SeriesMFS® Total Return SeriesMFS® Value SeriesMFS® Total Return Bond SeriesMFS® Research SeriesMFS® High Yield PortfolioBlackRock Managed Volatility V.I. FundBlackRock Global Allocation V.I. FundBlackRock S&P 500 Index V.I. FundBlackRock Large Cap Focus Growth V.I. Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$(511,357)$536,201 $(69,598)$1,028,526 $(41,716)$819,575 $631,806 $298 $23,375 $(8,857)
  Net realized gain (loss) on security transactions1,610,516 2,167,118 926,643 545,469 101,567 (394,173)(257,340)45 41,566 2,947 
  Net realized gain distributions2,621,744 2,933,655 1,937,056 — 143,291 — — 2,867 203,205 28,545 
  Change in unrealized appreciation (depreciation) during the period7,358,567 2,434,115 (1,850,923)1,812,420 287,573 117,297 119,726 5,381 205,610 127,907 
  Net increase (decrease) in net assets resulting from operations11,079,470 8,071,089 943,178 3,386,415 490,715 542,699 494,192 8,591 473,756 150,542 
Unit transactions:
  Purchases41,817 414,529 171,195 340,172 530 43,926 81,328 — 76,027 — 
  Net transfers(3,529,155)587,724 1,706,084 3,388,185 (42,669)(528,699)1,208,163 (236)(179,153)— 
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(2,278,859)(11,288,858)(3,911,575)(6,365,857)(354,332)(1,906,100)(3,596,346)(451)(689,491)(7)
  Other transactions4,732 12,112 385 957 (2)3,064 (1,544)— — 
  Death benefits(569,113)(3,011,124)(930,554)(1,561,908)(92,950)(492,640)(96,013)— (1,686)— 
  Net annuity transactions(67,758)(328,767)33,032 (34,803)— (56,126)— — — — 
  Net increase (decrease) in net assets resulting from unit transactions(6,398,336)(13,614,384)(2,931,433)(4,233,254)(489,423)(2,936,575)(2,404,412)(687)(794,302)(7)
  Net increase (decrease) in net assets4,681,134 (5,543,295)(1,988,255)(846,839)1,292 (2,393,876)(1,910,220)7,904 (320,546)150,535 
Net assets:
  Beginning of period29,729,469 121,775,278 48,293,123 59,715,066 3,924,633 23,817,976 24,088,424 43,648 3,742,173 369,102 
  End of period$34,410,603 $116,231,983 $46,304,868 $58,868,227 $3,925,925 $21,424,100 $22,178,204 $51,552 $3,421,627 $519,637 
The accompanying notes are an integral part of these financial statements.


SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
BlackRock Equity Dividend V.I. FundMorgan Stanley VIF Core Plus Fixed Income PortfolioMorgan Stanley VIF Growth PortfolioMorgan Stanley VIF Discovery PortfolioInvesco V.I. American Value FundBlackRock Capital Appreciation V.I. FundColumbia Variable Portfolio - Asset Allocation FundColumbia Variable Portfolio - Dividend Opportunity FundColumbia Variable Portfolio - Income Opportunities FundColumbia Variable Portfolio - Mid Cap Growth Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account (17)Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$6,180 $43 $(5,973)$(27,622)$(8,788)$(2,320)$32,507 $(121,273)$125,878 $(142,211)
  Net realized gain (loss) on security transactions5,055 38 30,039 310,176 (22,840)6,317 (498,573)236,829 (101,389)669,075 
  Net realized gain distributions16,788 50 27,773 185,015 10,257 33,106 447,923 — — — 
  Change in unrealized appreciation (depreciation) during the period(9,158)134 148,461 1,089,207 51,010 81,640 (113,129)(174,362)133,247 1,453,467 
  Net increase (decrease) in net assets resulting from operations18,865 265 200,300 1,556,776 29,639 118,743 (131,272)(58,806)157,736 1,980,331 
Unit transactions:
  Purchases— — — 2,186 3,150 — — 6,384 37,899 24,793 
  Net transfers22,200 — (35,601)(670,982)177,445 (82,626)(1,698,981)308,505 47,412 (369,746)
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(44,033)(399)(15,005)(137,454)(73,301)(28,669)(7,528)(280,804)(271,630)(357,206)
  Other transactions— — 1,611 1,221 — 64 25 
  Death benefits(346)— (2,070)(12,712)(7,354)— — (58,944)(96,595)(136,540)
  Net annuity transactions— — — 19,590 — — (6,279)(101,344)(17,271)1,203 
  Net increase (decrease) in net assets resulting from unit transactions(22,179)(399)(52,675)(797,761)101,161 (111,295)(1,712,786)(126,139)(300,184)(837,471)
  Net increase (decrease) in net assets(3,314)(134)147,625 759,015 130,800 7,448 (1,844,058)(184,945)(142,448)1,142,860 
Net assets:
  Beginning of period500,702 4,990 199,204 1,470,377 1,107,422 353,068 1,844,058 6,431,800 5,000,820 6,651,243 
  End of period$497,388 $4,856 $346,829 $2,229,392 $1,238,222 $360,516 $— $6,246,855 $4,858,372 $7,794,103 
The accompanying notes are an integral part of these financial statements.


SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Invesco Oppenheimer V.I. Discovery Mid Cap Growth FundInvesco Oppenheimer V.I. Capital Appreciation FundInvesco Oppenheimer V.I. Global FundInvesco Oppenheimer V.I. Main Street Fund®Invesco Oppenheimer V.I. Main Street Small Cap Fund®Putnam VT Diversified Income FundPutnam VT Global Asset Allocation FundPutnam VT Growth Opportunities FundPutnam VT International Value FundPutnam VT International Equity Fund
Sub-Account (18)(19)Sub-Account Sub-Account Sub-Account (21)Sub-Account (21)Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$(33,332)$(4,617)$(44,731)$(1,632)$(37,459)$513,821 $361 $(8,516)$132 $(722)
  Net realized gain (loss) on security transactions70,297 17,359 186,854 6,030 94,714 (239,285)2,833 219,261 (166)3,430 
  Net realized gain distributions— 41,546 133,907 36,778 42,199 — 9,493 87,121 193 — 
  Change in unrealized appreciation (depreciation) during the period911,202 25,007 570,679 2,908 521,268 (532,839)35,660 133,828 (83)21,936 
  Net increase (decrease) in net assets resulting from operations948,167 79,295 846,709 44,084 620,722 (258,303)48,347 431,694 76 24,644 
Unit transactions:
  Purchases1,501 350 19,534 284 15,141 47,729 — — — — 
  Net transfers141,000 (41,867)(318,819)(30,393)(169,428)754,137 742 (296,521)(77)6,365 
  Net interfund transfers due to corporate actions2,127,438 — — — — — — — — — 
  Surrenders for benefit payments and fees(148,056)(34,622)(462,457)(82,463)(387,960)(968,235)(75,826)(292,587)(5,142)(22,260)
  Other transactions— (1)2,074 (2)22 (7)— — (1)— 
  Death benefits715 — (30,912)— (49,842)(192,236)— (20,740)(1,343)— 
  Net annuity transactions1,563 (10,543)20,752 — 6,805 53,316 — — 3,859 8,530 
  Net increase (decrease) in net assets resulting from unit transactions2,124,161 (86,683)(769,828)(112,574)(585,262)(305,296)(75,084)(609,848)(2,704)(7,365)
  Net increase (decrease) in net assets3,072,328 (7,388)76,881 (68,490)35,460 (563,599)(26,737)(178,154)(2,628)17,279 
Net assets:
  Beginning of period— 323,703 4,172,594 477,680 3,415,306 9,252,244 516,098 1,464,063 15,079 261,063 
  End of period$3,072,328 $316,315 $4,249,475 $409,190 $3,450,766 $8,688,645 $489,361 $1,285,909 $12,451 $278,342 
The accompanying notes are an integral part of these financial statements.


SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Putnam VT Small Cap Value FundJPMorgan Insurance Trust Core Bond PortfolioJPMorgan Insurance Trust U.S. Equity PortfolioJPMorgan Insurance Trust Mid Cap Value PortfolioPutnam VT Equity Income FundPIMCO VIT All Asset PortfolioPIMCO StocksPLUS® Global PortfolioPrudential Series Jennison 20/20 Focus PortfolioPrudential Series Jennison PortfolioPrudential Series Value Portfolio
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$(860)$90,055 $(29,062)$(2,537)$649 $509 $1,207 $(104)$(4,229)$(267)
  Net realized gain (loss) on security transactions(11,097)276,423 349,044 (79,155)2,024 (5)(11,472)87 10,098 199 
  Net realized gain distributions— — 255,387 162,158 3,734 — 29,771 — — — 
  Change in unrealized appreciation (depreciation) during the period17,232 1,065,247 272,679 (72,675)(8,109)402 20,111 1,836 94,749 310 
  Net increase (decrease) in net assets resulting from operations5,275 1,431,725 848,048 7,791 (1,702)906 39,617 1,819 100,618 242 
Unit transactions:
  Purchases350 108,232 10,872 20,896 — — — — — — 
  Net transfers3,489 230,929 (404,423)61,868 — — (9,718)— 144,411 — 
  Net interfund transfers due to corporate actions— — — — — — — — — — 
  Surrenders for benefit payments and fees(2,759)(2,467,623)(334,885)(176,282)(30,698)(23)(24,926)(14)(239)(227)
  Other transactions— 2,468 136 103 — — — (4)
  Death benefits(20,009)(703,986)(110,221)(51,165)— (65)— — — — 
  Net annuity transactions— 90,257 12,910 (4,306)— — — — (10,739)— 
  Net increase (decrease) in net assets resulting from unit transactions(18,929)(2,739,723)(825,611)(148,886)(30,698)(88)(34,644)(18)133,435 (226)
  Net increase (decrease) in net assets(13,654)(1,307,998)22,437 (141,095)(32,400)818 4,973 1,801 234,053 16 
Net assets:
  Beginning of period172,856 24,535,769 4,190,564 2,981,581 59,882 12,653 313,216 6,405 171,776 18,809 
  End of period$159,202 $23,227,771 $4,213,001 $2,840,486 $27,482 $13,471 $318,189 $8,206 $405,829 $18,825 
The accompanying notes are an integral part of these financial statements.


SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2020
Prudential Series SP International Growth PortfolioClearBridge Variable Dividend Strategy PortfolioWestern Asset Variable Global High Yield Bond PortfolioClearbridge Variable Large Cap Value PortfolioInvesco V.I. Growth and Income FundInvesco V.I. Comstock FundInvesco V.I. American Franchise FundInvesco V.I. Mid Cap Growth FundWells Fargo VT Index Asset Allocation FundWells Fargo VT International Equity Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account (20)Sub-Account Sub-Account
Operations:
  Net investment income (loss)$(150)$$856 $(153)$5,496 $(107)$(344,724)$(13,146)$(277)$8,142 
  Net realized gain (loss) on security transactions285 455 (318)2,752 (19,855)(4,710)1,316,457 (681,221)503 (67,245)
  Net realized gain distributions— 243 — 70,555 16,432 4,192 1,365,934 620,829 2,238 — 
  Change in unrealized appreciation (depreciation) during the period2,872 733 1,395 (49,139)33,041 (9,969)3,889,113 (14,791)1,442 89,169 
  Net increase (decrease) in net assets resulting from operations3,007 1,436 1,933 24,015 35,114 (10,594)6,226,780 (88,329)3,906 30,066 
Unit transactions:
  Purchases— — — — — — 96,754 552 — — 
  Net transfers— 223 469 4,756 55,672 (7,374)158,829 (93,784)— 21,830 
  Net interfund transfers due to corporate actions— — — — — — — (2,127,438)— — 
  Surrenders for benefit payments and fees(503)(1,244)(1,131)(47,111)(69,741)(15,208)(2,199,602)(31,276)(1,341)(47,050)
  Other transactions— — — — — (1)6,585 (202)— (3)
  Death benefits— (1,456)(1,135)(5,739)(4,183)— (965,011)— — (4,648)
  Net annuity transactions— — — (4,028)— — (41,194)(1,821)— 3,497 
  Net increase (decrease) in net assets resulting from unit transactions(503)(2,477)(1,797)(52,122)(18,252)(22,583)(2,943,639)(2,253,969)(1,341)(26,374)
  Net increase (decrease) in net assets2,504 (1,041)136 (28,107)16,862 (33,177)3,283,141 (2,342,298)2,565 3,692 
Net assets:
  Beginning of period10,458 29,979 34,485 736,798 1,102,666 207,704 18,491,966 2,342,298 27,979 698,915 
  End of period$12,962 $28,938 $34,621 $708,691 $1,119,528 $174,527 $21,775,107 $— $30,544 $702,607 
The accompanying notes are an integral part of these financial statements.

SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (concluded)
For the Periods Ended December 31, 2020
Wells Fargo VT Small Cap Growth FundWells Fargo VT Discovery FundWells Fargo VT Opportunity FundMFS® Core Equity PortfolioMFS® Massachusetts Investors Growth Stock PortfolioMFS® Research International PortfolioColumbia Variable Portfolio - Large Cap Growth FundColumbia Variable Portfolio - Overseas Core FundCTIVP® - Loomis Sayles Growth Fund
Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account Sub-Account
Operations:
  Net investment income (loss)$(15,068)$(164)$(42,276)$(51,981)$(99,693)$20,127 $(155,889)$(30,268)$(131,216)
  Net realized gain (loss) on security transactions46,757 282 184,784 52,506 311,941 75,687 935,040 (29,284)470,463 
  Net realized gain distributions46,438 1,055 345,157 226,708 668,045 235,740 — 50,794 — 
  Change in unrealized appreciation (depreciation) during the period304,887 5,110 366,243 485,941 423,022 397,995 1,327,754 300,625 1,293,818 
  Net increase (decrease) in net assets resulting from operations383,014 6,283 853,908 713,174 1,303,315 729,549 2,106,905 291,867 1,633,065 
Unit transactions:
  Purchases— — 34,773 28,923 13,251 8,607 47,083 62,899 1,250 
  Net transfers35,915 — (237,207)(154,297)(530,759)(326,092)(325,059)131,842 (146,723)
  Net interfund transfers due to corporate actions— — — — — — — — — 
  Surrenders for benefit payments and fees(90,926)(731)(500,417)(235,348)(666,883)(600,453)(746,247)(300,673)(331,763)
  Other transactions(16)(14)(108)143 103 
  Death benefits(8,126)— (126,682)(154,676)(106,295)(176,632)(318,070)(82,876)(181,695)
  Net annuity transactions(311)— 9,714 (18,110)(17,945)(10,655)(24,648)(11,783)49,765 
  Net increase (decrease) in net assets resulting from unit transactions(63,447)(730)(819,835)(533,501)(1,308,645)(1,105,333)(1,366,798)(200,488)(609,165)
  Net increase (decrease) in net assets319,567 5,553 34,073 179,673 (5,330)(375,784)740,107 91,379 1,023,900 
Net assets:
  Beginning of period811,834 10,902 5,077,332 4,811,914 7,808,640 7,663,349 7,325,381 4,530,825 5,917,925 
  End of period$1,131,401 $16,455 $5,111,405 $4,991,587 $7,803,310 $7,287,565 $8,065,488 $4,622,204 $6,941,825 
The accompanying notes are an integral part of these financial statements.







(1) Formerly American Funds Insurance Series® Global Bond Fund. Change effective May 1, 2020.
(2) Merged assets from Hartford High Yield HLS Fund. Change effective September 25, 2020.
(3) Merged assets from Hartford Value HLS Fund. Change effective September 18, 2020.
(4) Merged into Hartford Disciplined Equity HLS Fund. Change effective September 18, 2020.
(5) Merged assets from Hartford Growth Opportunities HLS Fund. Change effective September 18, 2020.
(6) Merged assets from Hartford Global Growth HLS Fund. Change effective September 18, 2020.
(7) Merged into Hartford Disciplined Equity HLS Fund. Change effective September 18, 2020.
(8) Merged into Hartford Total Return Bond HLS Fund. Change effective September 25, 2020.
(9) Merged into Hartford MidCap HLS Fund. Change effective September 18, 2020.
(10) Merged assets from Hartford MidCap Value HLS Fund. Change effective September 18, 2020.
(11) Merged assets from Hartford MidCap Growth HLS Fund. Change effective September 18, 2020.
(12) Merged into Hartford MidCap HLS Fund. Change effective September 18, 2020.
(13) Merged assets from Hartford U.S. Government Securities HLS Fund. Change effective September 25, 2020.
(14) Merged into Hartford Ultrashort Bond HLS Fund. Change effective September 25, 2020.
(15) Merged into Hartford Dividend and Growth HLS Fund. Change effective September 18, 2020.
(16) Formerly Lord Abbett Series Fund – Calibrated Dividend Growth Portfolio. Change effective April 1, 2020.
(17) Liquidated as of April 24, 2020.
(18) Funded as of April 30, 2020.
(19) Merged assets from Invesco V.I. Mid Cap Growth Fund. Change effective April 30, 2020.
(20) Merged into Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund. Change effective April 30, 2020.
(21) See Note 8 for additional information related to this Sub-Account.




SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets
For the Periods Ended December 31, 2019
American Century VP Value FundAmerican Century VP Growth FundAB VPS Balanced Wealth Strategy PortfolioAB VPS International Value PortfolioAB VPS Small/Mid Cap Value PortfolioAB VPS International Growth PortfolioInvesco V.I. Value Opportunities FundInvesco V.I. Core Equity FundInvesco V.I. Government Securities Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$19,732 $(338)$35,574 $(29,525)$(15,935)$(6,170)$(205,186)$(234,154)$476,310 
Net realized gain (loss) on security transactions153,045 7,282 (43,760)(7,885)(13,069)18,171 (611,353)637,916 (668,266)
Net realized gain distributions95,378 11,704 438,434 — 145,966 9,865 2,539,869 2,874,596 — 
Change in unrealized appreciation (depreciation) during the period102,375 7,868 138,989 571,213 111,523 66,735 1,324,863 2,748,361 3,239,289 
Net increase (decrease) in net assets resulting from operations370,530 26,516 569,237 533,803 228,485 88,601 3,048,193 6,026,719 3,047,333 
Unit transactions:
Purchases— 1,951 2,812 6,325 1,100 — 35,400 88,795 212,981 
Net transfers(181,637)(14,648)8,840 463,144 30,366 (28,635)117,896 (483,777)(120,901)
Net interfund transfers due to corporate actions— — — — — — — — — 
Surrenders for benefit payments and fees(285,435)(27,854)(618,095)(491,875)(287,927)(28,159)(1,396,253)(3,065,561)(9,794,638)
Other transactions— — (709)— 1,408 687 471 
Death benefits(38,406)— (3,252)(163,275)(5,963)(2,781)(303,039)(492,744)(2,312,468)
Net annuity transactions— — — (21,301)— (6,558)(88,106)(70,160)(138,284)
Net increase (decrease) in net assets resulting from unit transactions(505,477)(40,551)(609,695)(207,691)(262,422)(66,133)(1,632,694)(4,022,760)(12,152,839)
Net increase (decrease) in net assets(134,947)(14,035)(40,458)326,112 (33,937)22,468 1,415,499 2,003,959 (9,105,506)
Net assets:
Beginning of period1,590,679 91,098 3,636,382 3,552,361 1,306,557 389,859 11,258,230 23,750,133 76,929,665 
End of period$1,455,732 $77,063 $3,595,924 $3,878,473 $1,272,620 $412,327 $12,673,729 $25,754,092 $67,824,159 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Invesco V.I. High Yield FundInvesco V.I. International Growth FundInvesco V.I. Mid Cap Core Equity FundInvesco V.I. Small Cap Equity FundInvesco V.I. Balanced Risk Allocation FundInvesco V.I. Diversified Dividend FundInvesco V.I. Government Money Market FundAmerican Century VP Mid Cap Value FundAB VPS Growth and Income PortfolioAmerican Funds Insurance Series® Global Bond Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$11,935 $(47,673)$(354,614)$(319,259)$(16,617)$67 $77,037 $1,127 $(19)$(54,799)
Net realized gain (loss) on security transactions(729)1,346,627 (184,759)12,876 (38,006)268 — 1,388 (655)108,813 
Net realized gain distributions— 1,647,597 2,701,440 2,115,175 — 367 — 9,714 11,076 — 
Change in unrealized appreciation (depreciation) during the period19,132 3,377,732 3,046,527 2,033,354 197,469 631 — 8,772 (2,526)1,161,012 
Net increase (decrease) in net assets resulting from operations30,338 6,324,283 5,208,594 3,842,146 142,846 1,333 77,037 21,001 7,876 1,215,026 
Unit transactions:
Purchases— 23,298 31,270 31,683 2,181 — 695,755 499 — 153,998 
Net transfers87,102 (1,273,801)(237,057)112,130 13,856 — 18,081,827 (33)(18,520)242,682 
Net interfund transfers due to corporate actions— — — — — — — — 106,383 — 
Surrenders for benefit payments and fees(34,064)(3,776,359)(2,856,774)(2,360,207)(296,212)(724)(24,514,617)(19,795)(8,187)(2,598,442)
Other transactions— (511)1,688 (239)— — 733 — 108 
Death benefits(22,585)(565,579)(466,046)(274,114)(761)— (2,319,283)— (2,618)(737,052)
Net annuity transactions(398)10,160 (49,629)15,525 — — (20,832)— 18,036 (7,425)
Net increase (decrease) in net assets resulting from unit transactions30,055 (5,582,792)(3,576,548)(2,475,222)(280,936)(724)(8,076,417)(19,329)95,095 (2,946,131)
Net increase (decrease) in net assets60,393 741,491 1,632,046 1,366,924 (138,090)609 (7,999,380)1,672 102,971 (1,731,105)
Net assets:
Beginning of period263,896 25,800,409 23,874,817 16,121,168 1,187,793 6,356 53,661,271 79,971 — 21,965,227 
End of period$324,289 $26,541,900 $25,506,863 $17,488,092 $1,049,703 $6,965 $45,661,891 $81,643 $102,971 $20,234,122 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
American Funds Insurance Series® Global Growth and Income FundAmerican Funds Insurance Series® Asset Allocation FundAmerican Funds Insurance Series® Blue Chip Income and Growth FundAmerican Funds Insurance Series® Bond FundAmerican Funds Insurance Series® Global Growth FundAmerican Funds Insurance Series® Growth FundAmerican Funds Insurance Series® Growth-Income FundAmerican Funds Insurance Series® International FundAmerican Funds Insurance Series® New World FundAmerican Funds Insurance Series® Global Small Capitalization Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$30,013 $24,143 $86,939 $931,332 $(326,861)$(4,282,506)$(593,949)$(312,086)$(260,445)$(534,567)
Net realized gain (loss) on security transactions1,271,565 4,942,596 1,011,904 (7,258)1,632,398 11,521,957 8,617,857 713,916 1,009,248 797,765 
Net realized gain distributions2,090,438 6,795,796 5,298,068 — 2,438,125 42,079,252 32,605,542 2,176,989 1,066,223 2,047,581 
Change in unrealized appreciation (depreciation) during the period6,976,406 11,343,735 5,213,671 7,305,776 8,866,363 49,745,231 27,970,895 13,626,183 4,698,183 5,854,252 
Net increase (decrease) in net assets resulting from operations10,368,422 23,106,270 11,610,582 8,229,850 12,610,025 99,063,934 68,600,345 16,205,002 6,513,209 8,165,031 
Unit transactions:
Purchases171,477 735,857 524,273 459,346 313,563 1,715,008 1,183,736 218,511 67,829 66,279 
Net transfers(1,390,445)2,495,963 (760,410)4,649,042 (2,871,809)(8,927,346)(2,826,201)(2,038,602)(1,431,859)(614,789)
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(4,672,818)(15,052,062)(7,359,317)(14,193,518)(4,922,684)(44,135,349)(34,625,270)(10,355,427)(2,904,838)(3,447,854)
Other transactions2,608 7,508 5,442 (15)2,703 19,386 12,808 1,521 272 485 
Death benefits(918,137)(3,990,892)(1,650,312)(3,885,277)(1,107,824)(9,983,261)(8,833,515)(1,648,718)(480,445)(586,269)
Net annuity transactions(178,529)(468,033)(278,727)102,871 (27,958)(844,477)(622,528)(228,657)(55,860)(8,078)
Net increase (decrease) in net assets resulting from unit transactions(6,985,844)(16,271,659)(9,519,051)(12,867,551)(8,614,009)(62,156,039)(45,710,970)(14,051,372)(4,804,901)(4,590,226)
Net increase (decrease) in net assets3,382,578 6,834,611 2,091,531 (4,637,701)3,996,016 36,907,895 22,889,375 2,153,630 1,708,308 3,574,805 
Net assets:
Beginning of period38,499,132 128,179,835 64,983,677 116,160,829 42,017,302 373,187,840 $304,182,757 $83,257,211 $25,917,418 $29,761,969 
End of period$41,881,710 $135,014,446 $67,075,208 $111,523,128 $46,013,318 $410,095,735 $327,072,132 $85,410,841 $27,625,726 $33,336,774 
The accompanying notes are an integral part of these financial statements.

SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Columbia Variable Portfolio - Small Company Growth FundWells Fargo VT Omega Growth FundFidelity® VIP Growth PortfolioFidelity® VIP ContrafundSM PortfolioFidelity® VIP Mid Cap PortfolioFidelity® VIP Value Strategies PortfolioFidelity® VIP Dynamic Capital Appreciation PortfolioFidelity® VIP Strategic Income PortfolioFranklin Rising Dividends VIP FundFranklin Income VIP Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$(100,877)$(10,829)$(25,911)$(167,311)$(89,225)$(2,455)$(3,343)$778 $(688,395)$9,617,572 
Net realized gain (loss) on security transactions165,319 26,504 138,127 420,490 67,424 5,973 338 150 5,140,887 1,935,428 
Net realized gain distributions930,341 76,228 120,015 1,495,764 1,136,956 52,713 37,870 324 21,146,383 4,332,978 
Change in unrealized appreciation (depreciation) during the period437,330 99,902 225,380 1,428,442 734,689 97,950 18,683 10,269 6,653,839 19,479,871 
Net increase (decrease) in net assets resulting from operations1,432,113 191,805 457,611 3,177,385 1,849,844 154,181 53,548 11,521 32,252,714 35,365,849 
Unit transactions:
Purchases19,372 15,600 — 13,743 6,936 650 — — 399,243 700,002 
Net transfers(170,350)(21,489)(407,104)(541,315)281,666 (7,210)(793)2,741 (1,741,384)(3,006,826)
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(460,648)(196,324)(201,587)(1,474,554)(1,354,737)(49,505)(19,668)(79,347)(17,769,001)(33,739,005)
Other transactions377 (2)(3)(3)(1)— — 13,136 5,886 
Death benefits(65,932)— (10,049)(212,659)(249,493)— — (32,855)(4,007,625)(7,570,007)
Net annuity transactions33,439 1,144 (22,511)(24,061)33,019 — (1,405)— (651,128)(738,329)
Net increase (decrease) in net assets resulting from unit transactions(643,742)(201,067)(641,253)(2,238,849)(1,282,612)(56,066)(21,866)(109,461)(23,756,759)(44,348,279)
Net increase (decrease) in net assets788,371 (9,262)(183,642)938,536 567,232 98,115 31,682 (97,940)8,495,955 (8,982,430)
Net assets:
Beginning of period3,967,091 624,244 1,587,770 11,651,008 8,816,633 507,059 203,995 142,790 127,442,610 266,727,783 
End of period$4,755,462 $614,982 $1,404,128 $12,589,544 $9,383,865 $605,174 $235,677 $44,850 $135,938,565 $257,745,353 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Franklin Large Cap Growth VIP FundFranklin Global Real Estate VIP FundFranklin Small-Mid Cap Growth VIP FundFranklin Small Cap Value VIP FundFranklin Strategic Income VIP FundFranklin Mutual Shares VIP FundTempleton Developing Markets VIP FundTempleton Foreign VIP FundTempleton Growth VIP FundFranklin Mutual Global Discovery VIP Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$(470,836)$4,558 $(775,693)$(68,427)$2,850,653 $53,750 $(85,916)$(36,477)$773,416 $(123,625)
Net realized gain (loss) on security transactions815,239 5,449 (1,047,987)(442,269)(1,322,340)2,479,466 147,865 (573,212)(1,063,384)(314,702)
Net realized gain distributions3,181,020 9,214 5,822,522 1,589,921 — 14,085,243 — 494,141 14,709,432 4,265,855 
Change in unrealized appreciation (depreciation) during the period3,283,917 66,686 6,432,026 907,327 3,511,877 10,863,208 2,788,909 5,093,805 (4,853,097)4,852,012 
Net increase (decrease) in net assets resulting from operations6,809,340 85,907 10,430,868 1,986,552 5,040,190 27,481,667 2,850,858 4,978,257 9,566,367 8,679,540 
Unit transactions:
Purchases76,491 — 187,790 33,976 210,707 394,227 14,461 134,720 139,872 276,617 
Net transfers(8,155)(660)(1,108,276)(210,105)401,529 (1,533,647)(360,004)3,612,749 (429,253)(1,381,840)
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(3,015,928)(17,125)(5,226,420)(1,189,860)(10,111,901)(18,096,008)(1,476,408)(6,510,186)(9,418,014)(5,181,900)
Other transactions522 — 621 348 1,167 1,931 (58)695 7,384 479 
Death benefits(464,463)(63,502)(965,568)(147,166)(2,186,927)(3,431,125)(177,095)(957,908)(1,695,802)(1,046,172)
Net annuity transactions(86,112)(3,018)(250,064)7,042 (38,002)(116,299)4,114 (67,811)(91,815)(206,578)
Net increase (decrease) in net assets resulting from unit transactions(3,497,645)(84,305)(7,361,917)(1,505,765)(11,723,427)(22,780,921)(1,994,990)(3,787,741)(11,487,628)(7,539,394)
Net increase (decrease) in net assets3,311,695 1,602 3,068,951 480,787 (6,683,237)4,700,746 855,868 1,190,516 (1,921,261)1,140,146 
Net assets:
Beginning of period21,764,487 446,824 37,729,713 8,848,698 82,090,246 143,040,128 12,628,901 48,366,811 78,065,371 42,430,560 
End of period$25,076,182 $448,426 $40,798,664 $9,329,485 $75,407,009 $147,740,874 $13,484,769 $49,557,327 $76,144,110 $43,570,706 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Franklin Flex Cap Growth VIP FundTempleton Global Bond VIP FundHartford Balanced HLS FundHartford Total Return Bond HLS FundHartford Capital Appreciation HLS FundHartford Dividend and Growth HLS FundHartford Healthcare HLS FundHartford Global Growth HLS FundHartford Disciplined Equity HLS FundHartford Growth Opportunities HLS Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$(222,510)$486,110 $(23,789)$1,947,834 $(439,684)$129,566 $(942)$(16,992)$(66,053)$(318,123)
Net realized gain (loss) on security transactions(289,973)(105,603)390,692 162,815 1,792,005 891,287 116 1,469 270,969 1,217,898 
Net realized gain distributions600,543 — 894,135 — 9,554,545 7,511,436 9,763 142,652 1,080,547 3,815,425 
Change in unrealized appreciation (depreciation) during the period2,863,924 (345,292)705,081 5,209,815 11,798,795 6,632,309 9,789 151,387 1,382,206 549,099 
Net increase (decrease) in net assets resulting from operations2,951,984 35,215 1,966,119 7,320,464 22,705,661 15,164,598 18,726 278,516 2,667,669 5,264,299 
Unit transactions:
Purchases13,395 8,158 33,669 185,714 128,162 106,647 — 336 16,400 18,205 
Net transfers(198,636)297,081 468,004 (1,648,341)(907,601)583,971 310 (145,484)(180,890)(326,051)
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(1,471,736)(1,549,803)(1,430,280)(12,298,933)(12,060,535)(9,277,025)(909)(65,012)(1,565,316)(2,781,071)
Other transactions(2)(7)458 (1,266)232 — (1)(2,120)(1,262)
Death benefits(411,022)(206,358)(230,916)(2,394,887)(1,946,269)(1,403,365)— (13,695)(146,796)(424,830)
Net annuity transactions7,691 565 (40,947)11,917 10,893 (53,513)— (10,525)(32,304)(9,577)
Net increase (decrease) in net assets resulting from unit transactions(2,060,310)(1,450,356)(1,200,477)(16,144,072)(14,776,616)(10,043,053)(599)(234,381)(1,911,026)(3,524,586)
Net increase (decrease) in net assets891,674 (1,415,141)765,642 (8,823,608)7,929,045 5,121,545 18,127 44,135 756,643 1,739,713 
Net assets:
Beginning of period10,704,620 9,893,086 10,103,472 90,020,683 82,396,865 61,000,685 59,211 1,037,044 8,834,421 18,432,290 
End of period$11,596,294 $8,477,945 $10,869,114 $81,197,075 $90,325,910 $66,122,230 $77,338 $1,081,179 $9,591,064 $20,172,003 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Hartford High Yield HLS FundHartford International Opportunities HLS FundHartford MidCap Growth HLS FundHartford MidCap HLS FundHartford MidCap Value HLS FundHartford Ultrashort Bond HLS FundHartford Small Company HLS FundHartford SmallCap Growth HLS FundHartford Stock HLS FundHartford U.S. Government Securities HLS Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$236,356 $8,996 $(15,826)$(9,415)$(4,487)$20,640 $(50,073)$(22,543)$(37,441)$31,987 
Net realized gain (loss) on security transactions(78,541)201,322 769 12,042 (2,285)163,117 55,634 23,113 587,260 (12,465)
Net realized gain distributions— 218,734 197,747 102,451 42,908 — 493,964 247,321 526,698 — 
Change in unrealized appreciation (depreciation) during the period472,538 829,239 164,670 67,047 42,298 232,863 236,784 139,402 470,191 91,433 
Net increase (decrease) in net assets resulting from operations630,353 1,258,291 347,360 172,125 78,434 416,620 736,309 387,293 1,546,708 110,955 
Unit transactions:
Purchases4,737 13,905 794 — — 49,913 9,812 — 21,891 29,178 
Net transfers58,742 119,925 (2,157)819 47,621 2,840,190 (50,953)(23,217)(52,627)425,353 
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(961,510)(801,963)(101,992)(18,919)(10,164)(5,895,418)(212,458)(264,819)(611,588)(564,268)
Other transactions(162)527 — — (1)(308)497 — (9)
Death benefits(107,145)(54,522)(34,058)(22,249)(22)(1,153,298)(34,933)— (212,404)(84,392)
Net annuity transactions(3,362)(29,180)— (4,898)— (198,976)(3,318)— (13,400)— 
Net increase (decrease) in net assets resulting from unit transactions(1,008,700)(751,308)(137,413)(45,247)37,434 (4,357,897)(291,353)(288,036)(868,137)(194,128)
Net increase (decrease) in net assets(378,347)506,983 209,947 126,878 115,868 (3,941,277)444,956 99,257 678,571 (83,173)
Net assets:
Beginning of period5,101,395 5,387,498 987,112 579,538 268,489 44,150,314 2,223,242 1,249,301 5,735,937 3,146,534 
End of period$4,723,048 $5,894,481 $1,197,059 $706,416 $384,357 $40,209,037 $2,668,198 $1,348,558 $6,414,508 $3,063,361 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Hartford Value HLS FundRational Trend Aggregation VA FundRational Insider Buying VA FundLord Abbett Series Fund - Fundamental Equity PortfolioLord Abbett Calibrated Dividend Growth FundLord Abbett Series Fund - Bond Debenture PortfolioLord Abbett Series Fund - Growth and Income PortfolioMFS® Growth SeriesMFS® Global Equity SeriesMFS® Investors Trust Series
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$3,799 $34,216 $(45,391)$2,530 $(1,988)$167,882 $(1,121)$(478,383)$(35,149)$(473,306)
Net realized gain (loss) on security transactions18,997 (28,447)(68,367)(40,843)50,954 55,897 62,354 2,964,480 194,592 2,659,532 
Net realized gain distributions100,875 — 554,437 19,390 151,412 — 80,614 2,166,871 243,459 2,336,830 
Change in unrealized appreciation (depreciation) during the period106,224 144,873 111,763 221,355 451,943 624,691 91,747 3,445,320 616,838 6,041,977 
Net increase (decrease) in net assets resulting from operations229,895 150,642 552,442 202,432 652,321 848,470 233,594 8,098,288 1,019,740 10,565,033 
Unit transactions:
Purchases— 2,919 2,938 1,125 2,881 11,163 — 10,448 14,498 141,231 
Net transfers(36,239)38,391 26,001 (135,414)288,783 168,534 5,263 (3,270,564)(91,356)(1,442,505)
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(87,773)(301,747)(272,219)(430,856)(827,992)(899,159)(204,223)(3,354,175)(500,488)(4,663,249)
Other transactions(1)(36)(32)— — (199)(12)51 272 
Death benefits(19,098)(20,949)(29,223)(17,984)(2,377)(258,153)(1,966)(592,880)(62,827)(1,021,462)
Net annuity transactions(892)(394)(1,866)— — (26,311)— (54,044)(7,005)(103,868)
Net increase (decrease) in net assets resulting from unit transactions(144,003)(281,816)(274,401)(583,129)(538,705)(1,004,125)(200,925)(7,261,227)(647,127)(7,089,581)
Net increase (decrease) in net assets85,892 (131,174)278,041 (380,697)113,616 (155,655)32,669 837,061 372,613 3,475,452 
Net assets:
Beginning of period944,573 2,605,286 2,541,085 1,163,402 2,725,654 7,658,781 1,223,586 25,065,303 3,884,571 38,137,214 
End of period$1,030,465 $2,474,112 $2,819,126 $782,705 $2,839,270 $7,503,126 $1,256,255 $25,902,364 $4,257,184 $41,612,666 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
MFS® Mid Cap Growth SeriesMFS® New Discovery SeriesMFS® Total Return SeriesMFS® Value SeriesMFS® Total Return Bond SeriesMFS® Research SeriesMFS® High Yield PortfolioBlackRock Managed Volatility V.I. FundBlackRock Global Allocation V.I. FundBlackRock S&P 500 Index V.I. Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$(340,965)$(522,102)$629,929 $154,491 $1,088,114 $(39,448)$939,585 $575,587 $(68)$41,719 
Net realized gain (loss) on security transactions628,296 1,385,589 2,752,265 2,246,739 321,583 76,126 (317,471)(116,406)(10,290)47,163 
Net realized gain distributions2,472,969 4,992,569 3,187,600 2,164,221 — 357,264 — 2,117 1,702 204,085 
Change in unrealized appreciation (depreciation) during the period2,288,597 3,617,051 13,726,155 7,389,327 3,573,921 538,948 2,298,321 (201,803)27,238 719,511 
Net increase (decrease) in net assets resulting from operations5,048,897 9,473,107 20,295,949 11,954,778 4,983,618 932,890 2,920,435 259,495 18,582 1,012,478 
Unit transactions:
Purchases11,259 67,896 207,824 75,445 121,370 568 72,887 38,717 — 30,910 
Net transfers2,774,575 (947,289)1,092,757 (2,828,936)4,188,735 187,971 660,561 2,895,299 2,118 (290,512)
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(2,391,086)(3,441,992)(14,353,161)(6,131,452)(9,571,120)(330,370)(2,980,174)(5,517,479)(190,854)(787,541)
Other transactions1,035 1,126 1,720 (1,877)66 — 10,065 (20)(1)
Death benefits(280,246)(475,171)(3,306,634)(935,941)(2,270,108)(4,246)(612,547)(297,225)— (3,349)
Net annuity transactions83,734 (69,365)(533,883)11,859 163,217 — (318,542)— — — 
Net increase (decrease) in net assets resulting from unit transactions199,271 (4,864,795)(16,891,377)(9,810,902)(7,367,840)(146,077)(3,167,750)(2,880,708)(188,737)(1,050,490)
Net increase (decrease) in net assets5,248,168 4,608,312 3,404,572 2,143,876 (2,384,222)786,813 (247,315)(2,621,213)(170,155)(38,012)
Net assets:
Beginning of period14,042,057 25,121,157 118,370,706 46,149,247 62,099,288 3,137,820 24,065,291 26,709,637 213,803 3,780,185 
End of period$19,290,225 $29,729,469 $121,775,278 $48,293,123 $59,715,066 $3,924,633 $23,817,976 $24,088,424 $43,648 $3,742,173 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
BlackRock Large Cap Focus Growth V.I. FundBlackRock Equity Dividend V.I. FundMorgan Stanley VIF Core Plus Fixed Income PortfolioMorgan Stanley VIF Growth PortfolioMorgan Stanley VIF Discovery PortfolioInvesco V.I. American Value FundBlackRock Capital Appreciation V.I. FundColumbia Variable Portfolio - Asset Allocation FundColumbia Variable Portfolio - Dividend Opportunity FundColumbia Variable Portfolio - Income Opportunities Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$(7,206)$6,668 $(179)$(4,494)$(25,827)$(11,343)$(3,217)$540 $(134,048)$150,622 
Net realized gain (loss) on security transactions5,836 28,147 3,850 9,982 99,289 (2,348)(5,375)3,206 537,905 (103,535)
Net realized gain distributions36,331 34,211 — 11,283 220,430 78,190 61,946 84,616 — — 
Change in unrealized appreciation (depreciation) during the period55,017 68,551 (1,467)34,186 219,767 138,970 68,460 207,441 809,546 594,370 
Net increase (decrease) in net assets resulting from operations89,978 137,577 2,204 50,957 513,659 203,469 121,814 295,803 1,213,403 641,457 
Unit transactions:
Purchases— 240 — — 1,485 596 — — 32,486 27,176 
Net transfers— (43,994)30,173 42,315 (92,673)148,642 (60,464)75,636 64,316 114,626 
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(42,054)(190,945)(70,456)(63,086)(304,173)(90,359)(172,419)(52,763)(689,774)(344,167)
Other transactions— — — (1)(1)(1)— — 570 
Death benefits— (10,391)— — (16,090)(6,086)(9,524)(39,921)(138,387)(43,692)
Net annuity transactions— — — — — — — (1,109)71,734 (48,252)
Net increase (decrease) in net assets resulting from unit transactions(42,054)(245,090)(40,283)(20,772)(411,452)52,792 (242,407)(18,157)(659,624)(293,739)
Net increase (decrease) in net assets47,924 (107,513)(38,079)30,185 102,207 256,261 (120,593)277,646 553,779 347,718 
Net assets:
Beginning of period321,178 608,215 43,069 169,019 1,368,170 851,161 473,661 1,566,412 5,878,021 4,653,102 
End of period$369,102 $500,702 $4,990 $199,204 $1,470,377 $1,107,422 $353,068 $1,844,058 $6,431,800 $5,000,820 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Columbia Variable Portfolio - Mid Cap Growth FundInvesco Oppenheimer V.I. Capital Appreciation FundInvesco Oppenheimer V.I. Global FundInvesco Oppenheimer V.I. Main Street Fund®Invesco Oppenheimer V.I. Main Street Small Cap Fund®Putnam VT Diversified Income FundPutnam VT Global Asset Allocation FundPutnam VT Growth Opportunities FundPutnam VT International Value FundPutnam VT International Equity Fund
Sub-AccountSub-AccountSub-AccountSub-Account (1)Sub-Account (1)Sub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$(140,584)$(5,073)$(40,536)$(3,678)$(53,847)$165,616 $(1,784)$(8,629)$349 $(962)
Net realized gain (loss) on security transactions721,905 877 171,163 17,331 73,199 (167,484)553 166,986 580 6,353 
Net realized gain distributions— 29,849 578,749 86,425 317,029 — 16,570 239,437 1,560 487 
Change in unrealized appreciation (depreciation) during the period1,211,128 69,427 325,557 52,981 393,071 879,198 57,631 119,729 1,204 46,101 
Net increase (decrease) in net assets resulting from operations1,792,449 95,080 1,034,933 153,059 729,452 877,330 72,970 517,523 3,693 51,979 
Unit transactions:
Purchases41,203 325 2,145 262 4,974 16,591 — — — — 
Net transfers(178,597)(3,552)8,531 (28,582)271,076 43,920 519 (306,800)661 17,341 
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(601,956)(71,649)(493,684)(256,701)(481,192)(1,161,526)(79,439)(394,024)(8,546)(48,622)
Other transactions1,173 (53)— (4)(962)(377)— — — 
Death benefits(220,488)(6,080)(63,223)(4,700)(128,186)(402,603)— (37,358)(6,397)(4,407)
Net annuity transactions(17,562)(34,916)(26,162)(7,429)111 (4,560)— — (1,563)— 
Net increase (decrease) in net assets resulting from unit transactions(976,227)(115,925)(572,393)(297,154)(334,179)(1,508,555)(78,920)(738,181)(15,845)(35,688)
Net increase (decrease) in net assets816,222 (20,845)462,540 (144,095)395,273 (631,225)(5,950)(220,658)(12,152)16,291 
Net assets:
Beginning of period5,835,021 344,548 3,710,054 621,775 3,020,033 9,883,469 522,048 1,684,721 27,231 244,772 
End of period$6,651,243 $323,703 $4,172,594 $477,680 $3,415,306 $9,252,244 $516,098 $1,464,063 $15,079 $261,063 
The accompanying notes are an integral part of these financial statements.

SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Putnam VT Small Cap Value FundJPMorgan Insurance Trust Core Bond PortfolioJPMorgan Insurance Trust U.S. Equity PortfolioJPMorgan Insurance Trust Mid Cap Value PortfolioPutnam VT Equity Income FundPIMCO VIT All Asset PortfolioPIMCO StocksPLUS® Global PortfolioPrudential Series Jennison 20/20 Focus PortfolioPrudential Series Jennison Portfolio
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$(1,959)$261,379 $(29,185)$(470)$1,408 $863 $2,704 $(248)$(3,040)
Net realized gain (loss) on security transactions(22,892)(3,646)231,406 (4,082)22,100 (3,750)(21,856)16,309 20,611 
Net realized gain distributions21,835 — 283,292 193,334 8,022 — — — — 
Change in unrealized appreciation (depreciation) during the period39,550 1,417,768 567,314 448,017 (9,888)10,903 99,869 (12,729)25,743 
Net increase (decrease) in net assets resulting from operations36,534 1,675,501 1,052,827 636,799 21,642 8,016 80,717 3,332 43,314 
Unit transactions:
Purchases325 26,804 2,540 8,926 — — — — — 
Net transfers(27,389)(820,988)34,283 28,485 (39,020)88 (36,623)(15,107)(1,079)
Net interfund transfers due to corporate actions— — — — — — — — — 
Surrenders for benefit payments and fees(10,448)(3,205,120)(411,561)(231,988)(55,411)(124,017)(65,950)(10,713)(3,183)
Other transactions— 466 — — — (5)
Death benefits(6,762)(990,803)(81,210)(30,617)— (59)(8,424)— (6,047)
Net annuity transactions— (85,400)(8,135)(582)— — — — (8,540)
Net increase (decrease) in net assets resulting from unit transactions(44,274)(5,075,041)(464,076)(225,776)(94,431)(123,987)(110,997)(25,825)(18,847)
Net increase (decrease) in net assets(7,740)(3,399,540)588,751 411,023 (72,789)(115,971)(30,280)(22,493)24,467 
Net assets:
Beginning of period180,596 27,935,309 3,601,813 2,570,558 132,671 128,624 343,496 28,898 147,309 
End of period$172,856 $24,535,769 $4,190,564 $2,981,581 $59,882 $12,653 $313,216 $6,405 $171,776 
The accompanying notes are an integral part of these financial statements.

SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (continued)
For the Periods Ended December 31, 2019
Prudential Value PortfolioPrudential SP International Growth PortfolioClearBridge Variable Dividend Strategy PortfolioWestern Asset Variable Global High Yield Bond PortfolioClearBridge Variable Large Cap Value PortfolioInvesco V.I. Growth and Income FundInvesco V.I. Comstock FundInvesco V.I. American Franchise FundInvesco V.I. Mid Cap Growth FundWells Fargo VT Index Asset Allocation Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$(280)$(134)$48 $1,307 $2,585 $485 $(935)$(327,405)$(45,820)$(191)
Net realized gain (loss) on security transactions198 173 168 (566)1,422 1,866 372 826,908 8,312 613 
Net realized gain distributions— — 2,106 — 43,794 115,394 25,657 2,511,783 370,440 1,685 
Change in unrealized appreciation (depreciation) during the period3,699 2,436 4,227 3,399 110,732 102,102 14,549 1,943,450 318,930 2,275 
Net increase (decrease) in net assets resulting from operations3,617 2,475 6,549 4,140 158,533 219,847 39,643 4,954,736 651,862 4,382 
Unit transactions:
Purchases— — — — 3,026 — — 23,209 830 — 
Net transfers— — 2,532 (955)5,192 48,052 557 1,723,124 667 — 
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(186)(405)(479)(2,075)(7,820)(117,565)(17,510)(2,126,932)(469,791)(1,894)
Other transactions— — — — — 2,772 — 
Death benefits— — — — (10,725)(695)— (283,418)(18,915)— 
Net annuity transactions— — — — (4,730)— — (60,459)(2,186)— 
Net increase (decrease) in net assets resulting from unit transactions(186)(405)2,053 (3,030)(15,056)(70,207)(16,953)(721,704)(489,389)(1,894)
Net increase (decrease) in net assets3,431 2,070 8,602 1,110 143,477 149,640 22,690 4,233,032 162,473 2,488 
Net assets:
Beginning of period15,378 8,388 21,377 33,375 593,321 953,026 185,014 14,258,934 2,179,825 25,491 
End of period$18,809 $10,458 $29,979 $34,485 $736,798 $1,102,666 $207,704 $18,491,966 $2,342,298 $27,979 
The accompanying notes are an integral part of these financial statements.
SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Statements of Changes in Net Assets (concluded)
For the Periods Ended December 31, 2019
Wells Fargo VT International Equity FundWells Fargo VT Small Cap Growth FundWells Fargo VT Discovery FundWells Fargo VT Opportunity FundMFS® Core Equity PortfolioMFS® Massachusetts Investors Growth Stock PortfolioMFS® Research International PortfolioColumbia Variable Portfolio - Large Cap Growth FundColumbia Variable Portfolio - Overseas Core FundCTIVP® – Loomis Sayles Growth Fund
Sub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-AccountSub-Account
Operations:
Net investment income (loss)$17,602 $(15,596)$(140)$(54,488)$(49,937)$(89,448)$(25,290)$(145,989)$(16,254)$(119,015)
Net realized gain (loss) on security transactions(102,141)32,920 190 265,186 35,138 208,308 50,905 504,396 7,865 312,655 
Net realized gain distributions293,504 144,423 1,089 562,438 597,494 562,118 305,809 — 628,061 — 
Change in unrealized appreciation (depreciation) during the period(118,451)26,675 1,945 566,701 652,441 1,511,188 1,377,729 1,599,314 270,838 1,210,021 
Net increase (decrease) in net assets resulting from operations90,514 188,422 3,084 1,339,837 1,235,136 2,192,166 1,709,153 1,957,721 890,510 1,403,661 
Unit transactions:
Purchases— 150 — 3,380 375 16,184 5,371 39,126 16,946 49,173 
Net transfers1,347 (9,446)— (213,477)(73,863)557,168 (27,622)(58,717)27,647 (75,031)
Net interfund transfers due to corporate actions— — — — — — — — — — 
Surrenders for benefit payments and fees(78,753)(196,027)(592)(551,561)(652,226)(710,003)(863,807)(828,595)(470,854)(403,342)
Other transactions— (11)15 (25)(35)1,982 36 2,122 
Death benefits(9,627)(14,770)— (289,492)(79,275)(144,034)(161,106)(141,703)(79,060)(55,201)
Net annuity transactions(831)650 — 7,974 (35,035)(15,337)12,788 84,842 28,914 (23,135)
Net increase (decrease) in net assets resulting from unit transactions(87,864)(219,454)(591)(1,043,161)(840,022)(296,047)(1,034,411)(903,065)(476,371)(505,414)
Net increase (decrease) in net assets2,650 (31,032)2,493 296,676 395,114 1,896,119 674,742 1,054,656 414,139 898,247 
Net assets:
Beginning of period696,265 842,866 8,409 4,780,656 4,416,800 5,912,521 6,988,607 6,270,725 4,116,686 5,019,678 
End of period$698,915 $811,834 $10,902 $5,077,332 $4,811,914 $7,808,640 $7,663,349 $7,325,381 $4,530,825 $5,917,925 
The accompanying notes are an integral part of these financial statements.
(1) See Note 8 for additional information related to this Sub-Account.






SEPARATE ACCOUNT SEVEN
Talcott Resolution Life Insurance Company
Notes to Financial Statements
December 31, 2020

1. Organization:

Separate Account Seven (the “Account”) is a separate investment account established by Talcott Resolution Life Insurance Company (the “Sponsor Company”) and is registered with the Securities and Exchange Commission (“SEC”) as a unit investment trust under the Investment Company Act of 1940, as amended. Both the Sponsor Company and the Account are subject to supervision and regulation by the Department of Insurance of the State of Connecticut and the SEC. The contract owners of the Sponsor Company direct their deposits into various investment options (the “Sub-Accounts”) within the Account.
The Sponsor Company is owned by Talcott Resolution Life, Inc., wholly owned by Hopmeadow Acquisition, Inc., owned by Hopmeadow Holdings, LP, ultimately owned by Hopmeadow Holdings GP LLC. Hopmeadow Holdings GP LLC is funded by a group of investors (the “Investor Group”) led by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group, Pine Brook, J. Safra Group and Hartford Holdings, Inc.

The Account is comprised of the following Sub-Accounts:
American Century VP Value Fund, American Century VP Growth Fund, AB VPS Balanced Wealth Strategy Portfolio, AB VPS International Value Portfolio, AB VPS Small/Mid Cap Value Portfolio, AB VPS International Growth Portfolio, Invesco V.I. Value Opportunities Fund, Invesco V.I. Core Equity Fund, Invesco V.I. Government Securities Fund, Invesco V.I. High Yield Fund, Invesco V.I. International Growth Fund, Invesco V.I. Mid Cap Core Equity Fund, Invesco V.I. Small Cap Equity Fund, Invesco V.I. Balanced-Risk Allocation Fund, Invesco V.I. Diversified Dividend Fund, Invesco V.I. Government Money Market Fund, American Century VP Mid Cap Value Fund, AB VPS Growth and Income Portfolio, American Funds Insurance Series® Capital World Bond Fund (Formerly American Funds Insurance Series® Global Bond Fund), American Funds Insurance Series® Global Growth and Income Fund, American Funds Insurance Series® Asset Allocation Fund, American Funds Insurance Series® Blue Chip Income and Growth Fund, American Funds Insurance Series® Bond Fund, American Funds Insurance Series® Global Growth Fund, American Funds Insurance Series® Growth Fund, American Funds Insurance Series® Growth-Income Fund, American Funds Insurance Series® International Fund, American Funds Insurance Series® New World Fund, American Funds Insurance Series® Global Small Capitalization Fund, Columbia Variable Portfolio - Small Company Growth Fund, Wells Fargo VT Omega Growth Fund, Fidelity® VIP Growth Portfolio, Fidelity® VIP Contrafund® Portfolio, Fidelity® VIP Mid Cap Portfolio, Fidelity® VIP Value Strategies Portfolio, Fidelity® VIP Dynamic Capital Appreciation Portfolio, Fidelity® VIP Strategic Income Portfolio, Franklin Rising Dividends VIP Fund, Franklin Income VIP Fund, Franklin Large Cap Growth VIP Fund, Franklin Global Real Estate VIP Fund, Franklin Small-Mid Cap Growth VIP Fund, Franklin Small Cap Value VIP Fund, Franklin Strategic Income VIP Fund, Franklin Mutual Shares VIP Fund, Templeton Developing Markets VIP Fund, Templeton Foreign VIP Fund, Templeton Growth VIP Fund, Franklin Mutual Global Discovery VIP Fund, Franklin Flex Cap Growth VIP Fund, Templeton Global Bond VIP Fund, Hartford Balanced HLS Fund, Hartford Total Return Bond HLS Fund (Merged assets from Hartford High Yield HLS Fund), Hartford Capital Appreciation HLS Fund, Hartford Dividend and Growth HLS Fund (Merged assets from Hartford Value HLS Fund), Hartford Healthcare HLS Fund, Hartford Global Growth HLS Fund (Merged into Hartford Disciplined Equity HLS Fund), Hartford Disciplined Equity HLS Fund (Merged assets from Hartford Growth Opportunities HLS Fund) (Merged assets from Hartford Global Growth HLS Fund), Hartford Growth Opportunities HLS Fund (Merged into Hartford Disciplined Equity HLS Fund), Hartford High Yield HLS Fund (Merged into Hartford Total Return Bond HLS Fund), Hartford International Opportunities HLS Fund, Hartford MidCap Growth HLS Fund (Merged into Hartford MidCap HLS Fund), Hartford MidCap HLS Fund (Merged assets from Hartford MidCap Value HLS Fund) (Merged assets from Hartford MidCap Growth HLS Fund), Hartford MidCap Value HLS Fund (Merged into Hartford MidCap HLS Fund), Hartford Ultrashort Bond HLS Fund (Merged assets from Hartford U.S. Government Securities HLS Fund), Hartford Small Company HLS Fund, Hartford SmallCap Growth HLS Fund, Hartford Stock HLS Fund, Hartford U.S. Government Securities HLS Fund (Merged into Hartford Ultrashort Bond HLS Fund), Hartford Value HLS Fund (Merged into Hartford Dividend and Growth HLS Fund), Rational Trend Aggregation VA Fund, Rational Insider Buying VA Fund, Lord Abbett Series Fund - Fundamental Equity Portfolio, Lord Abbett Series Fund - Dividend Growth Portfolio (Formerly Lord Abbett Series Fund – Calibrated Dividend Growth Portfolio), Lord Abbett Series Fund - Bond Debenture Portfolio, Lord Abbett Series Fund - Growth and Income Portfolio, MFS® Growth Series, MFS® Global Equity Series, MFS® Investors Trust Series, MFS® Mid Cap Growth Series, MFS® New Discovery Series, MFS® Total Return Series, MFS® Value Series, MFS® Total Return Bond Series, MFS® Research Series, MFS® High Yield Portfolio,
BlackRock Managed Volatility V.I. Fund, BlackRock Global Allocation V.I. Fund, BlackRock S&P 500 Index V.I. Fund, BlackRock Large Cap Focus Growth V.I. Fund, BlackRock Equity Dividend V.I. Fund, Morgan Stanley VIF Core Plus Fixed Income Portfolio, Morgan Stanley VIF Growth Portfolio , Morgan Stanley VIF Discovery Portfolio, Invesco V.I. American Value Fund, BlackRock Capital Appreciation V.I. Fund, Columbia Variable Portfolio - Asset Allocation Fund*, Columbia Variable Portfolio - Dividend Opportunity Fund, Columbia Variable Portfolio - Income Opportunities Fund, Columbia Variable Portfolio - Mid Cap Growth Fund, Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund (Merged assets from Invesco V.I. Mid Cap Growth Fund), Invesco Oppenheimer V.I. Capital Appreciation Fund, Invesco Oppenheimer V.I. Global Fund, Invesco Oppenheimer V.I. Main Street Fund®++, Invesco Oppenheimer V.I. Main Street Small Cap Fund®++, Putnam VT Diversified Income Fund, Putnam VT Global Asset Allocation Fund, Putnam VT Growth Opportunities Fund, Putnam VT International Value Fund, Putnam VT International Equity Fund, Putnam VT Small Cap Value Fund, JPMorgan Insurance Trust Core Bond Portfolio, JPMorgan Insurance Trust U.S. Equity Portfolio, JPMorgan Insurance Trust Mid Cap Value Portfolio, Putnam VT Equity Income Fund, PIMCO VIT All Asset Portfolio, PIMCO StocksPLUS® Global Portfolio, Prudential Series Jennison 20/20 Focus Portfolio, Prudential Series Jennison Portfolio, Prudential Series Value Portfolio, Prudential Series SP International Growth Portfolio, ClearBridge Variable Dividend Strategy Portfolio, Western Asset Variable Global High Yield Bond Portfolio, Clearbridge Variable Large Cap Value Portfolio, Invesco V.I. Growth and Income Fund, Invesco V.I. Comstock Fund, Invesco V.I. American Franchise Fund, Invesco V.I. Mid Cap Growth Fund (Merged into Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund), Wells Fargo VT Index Asset Allocation Fund, Wells Fargo VT International Equity Fund, Wells Fargo VT Small Cap Growth Fund, Wells Fargo VT Discovery Fund, Wells Fargo VT Opportunity Fund, MFS® Core Equity Portfolio, MFS® Massachusetts Investors Growth Stock Portfolio, MFS® Research International Portfolio, Columbia Variable Portfolio - Large Cap Growth Fund, Columbia Variable Portfolio - Overseas Core Fund, CTIVP® - Loomis Sayles Growth Fund.
* During 2020, this Sub-Account was Liquidated.
++ See Note 8 for additional information related to this Sub-Account.
The Sub-Accounts are invested in mutual funds (the “Funds”) of the same name. Each Sub-Account may invest in one or more share classes of a Fund, depending upon the product(s) available in that Sub-Account. A contract owner's unitized performance correlates with the share class associated with the contract owner's product.

If a Fund is subject to a merger by the Fund Manager, the Sub-Account invested in the surviving Fund acquires, at fair value, the net assets of the Sub-Account associated with the merging Fund on the date disclosed. These transfers are reflected in net interfund transfers due to corporate actions on the statements of changes in net assets.

Under applicable insurance law, the assets and liabilities of the Account are clearly identified and distinguished from the Sponsor Company’s other assets and liabilities and are not chargeable with liabilities arising out of any other business the Sponsor Company may conduct.

2. Significant Accounting Policies:

The Account qualifies as an investment company and follows the accounting and reporting guidance as defined in Accounting Standards Codification 946, "Financial Services - Investment Companies." The following is a summary of significant accounting policies of the Account, which are in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"):

a) Security Transactions - Security transactions are recorded on the trade date (date the order to buy or sell is executed). Realized gains and losses on the sales of securities are computed using the average cost method. Dividend income is either accrued daily or as of the ex-dividend date based upon the Fund. Net realized gain distributions are accrued as of the ex-dividend date. Net realized gain distributions represent those dividends from the Funds which are characterized as capital gains under tax regulations.

b) Unit Transactions - Unit transactions are executed based on the unit values calculated at the close of the business day.

c) Federal Income Taxes - The operations of the Account form a part of, and are taxed with, the total operations of the Sponsor Company, which is taxed as an insurance company under the Internal Revenue Code ("IRC"). Under the current provisions of the IRC, the Sponsor Company does not expect to incur federal income taxes on the earnings of the Account to the extent the earnings are credited to the contract owners. Based on this, no charge is being made currently to the Account for federal income
taxes. The Sponsor Company will review periodically the status of this policy. In the event of changes in the tax law, a charge may be made in future years for any federal income taxes that would be attributable to the contracts.

d) Use of Estimates - The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of income and expenses during the period. Actual results could differ from those estimates. The most significant estimates contained within the financial statements are the fair value measurements.

e) Mortality Risk - The mortality risk associated with net assets allocated to contracts in the annuity period is determined using certain mortality tables. The mortality risk is fully borne by the Sponsor Company and may result in additional amounts being transferred into the Account by the Sponsor Company to cover greater longevity of contract owners than expected. Conversely, if amounts allocated exceed amounts required, transfers may be made to the Sponsor Company. These amounts are included in net annuity transactions on the accompanying statements of changes in net assets.

f) Fair Value Measurements - The Sub-Accounts' investments are carried at fair value in the Account’s financial statements. The investments in shares of the Funds are valued at the December 31, 2020 closing net asset value as determined by the appropriate Fund Manager. For financial instruments that are carried at fair value, a hierarchy is used to place the instruments into three broad levels (Levels 1, 2 and 3) by prioritizing the inputs in the valuation techniques used to measure fair value.

Level 1: Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities in active markets that the Account has the ability to access at the measurement date. Level 1 investments include mutual funds.

Level 2: Observable inputs, other than unadjusted quoted prices included in Level 1, for the asset or liability or prices for similar assets and liabilities. Level 2 investments include those that are model priced by vendors using observable inputs.

Level 3: Valuations that are derived from techniques in which one or more of the significant inputs are unobservable (including assumptions about risk). Because Level 3 fair values, by their nature, contain unobservable market inputs, considerable judgment is used to determine the Level 3 fair values. Level 3 fair values represent the best estimate of an amount that could be realized in a current market exchange absent actual market exchanges.

In certain cases, the inputs used to measure fair value fall into different levels of the fair value hierarchy. In such cases, an investment’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement.

As of December 31, 2020, the Sub-Accounts invest in mutual funds which are carried at fair value and represent Level 1 investments under the fair value hierarchy levels. There were no Level 2 or Level 3 investments in the Sub-Accounts. The Account’s policy is to recognize transfers of securities among the levels at the beginning of the reporting period. There were no transfers among the levels for the periods ended December 31, 2020 and 2019.

g) Accounting for Uncertain Tax Positions - The federal audits have been completed through 2013, the statute of limitations is closed through the 2016 tax year and the Sponsor Company is not currently under examination for any open years.  Management evaluates whether or not there are uncertain tax positions that require financial statement recognition and has determined that no reserves for uncertain tax positions are required at December 31, 2020.
h) Novel Coronavirus - The impact of the outbreak and continuing spread of the novel coronavirus ("COVID-19") and the related disruption to the worldwide economy are affecting companies across all industries. Worldwide health emergency measures to combat the spread of the virus have caused severe disruption resulting in an economic slowdown. The duration and impact of the COVID-19 public health crises on the financial markets and overall economy are uncertain, as is the efficacy of government and central bank interventions. Additionally, we are unable to determine what, if any, actions our regulators may take in response to the COVID 19 public health crises and its impact on financial markets. At this time, the Company is not able to reliably estimate the length and severity of the COVID-19 public health crises and, as such, cannot quantify its impact on the financial results, liquidity and capital resources of the Company and its operations in future periods.

3. Administration of the Account and Related Charges:

Each Sub-Account is charged certain fees, according to contract terms, as follows:

a) Mortality and Expense Risk Charges - The Sponsor Company, as an issuer of variable annuity contracts, assesses mortality and expense risk charges for which it receives a maximum annual fee of 1.55% of the Sub-Account’s average daily net assets. These charges are reflected in the accompanying statements of operations as a reduction in unit value.

b) Tax Expense Charges - If applicable, the Sponsor Company will make deductions up to a maximum rate of 3.50% of the contract’s average daily net assets to meet premium tax requirements. An additional tax charge based on a percentage of the Sub-Account’s average daily net assets may be assessed on partial withdrawals or surrenders. These charges are a redemption of units from applicable contract owners’ accounts and are reflected in surrenders for benefit payments and fees on the accompanying statements of changes in net assets.

c) Administrative Charges - The Sponsor Company provides administrative services to the Account and receives a maximum annual fee of 0.20% of the Sub-Account’s average daily net assets for these services. These charges are reflected in the accompanying statements of operations as a reduction in unit value.

d) Annual Maintenance Fees - An annual maintenance fee up to a maximum of $50 may be charged. These charges are deducted through a redemption of units from applicable contract owners’ accounts and are reflected in surrenders for benefit payments and fees in the accompanying statements of changes in net assets.

e) Rider Charges -

The Sponsor Company will make certain deductions (as a percentage of average daily Sub-Account value) for various rider charges:

Optional Death Benefit Charge maximum of 0.15%
Earnings Protection Benefit Charge maximum of 0.20%
Principal First Charge maximum of 0.75%
Principal First Preferred Charge maximum of 0.20%
MAV/EPB Death Benefit Charge maximum of 0.30%
MAV 70 Death Benefit Charge maximum of 0.20%
MAV Plus Charge maximum of 0.30%
Maximum Anniversary Value III Charge maximum of 1.50%
Liquidity Feature Charge maximum of 0.50%
MAV V Charge maximum of 1.50%
MAV IV Charge maximum of 1.50%
Legacy Lock Charge maximum of 1.50%
Daily Lock Charge maximum of 2.50%
Safety Plus Charge maximum of 2.50%
Future 5 Charge maximum of 2.50%
Future 6 Charge maximum of 2.50%
Maximum Daily Value Charge maximum of 1.50%
Return of Premium IV Charge maximum of 0.75%
Return of Premium V Charge maximum of 0.75%
Return of Premium III Charge maximum of 0.75%
Return of Premium Death Benefit Charge maximum of 0.75%
Lifetime Income Builder Charge maximum of 0.75%
Lifetime Income Builder II Charge maximum of 0.75%
Lifetime Income Foundation Charge maximum of 0.30%
Lifetime Income Builder Selects Charge maximum of 1.50%
Lifetime Income Builder Portfolios Charge maximum of 1.50%
Income Foundation Builder maximum of 2.50%
Premium Based Charges maximum of .71%

These charges can be assessed as a reduction in unit values or a redemption of units from applicable contract owners’ accounts as specified in the product prospectus.

f) Distribution Charge - A Distribution Charge of 0.85% may be charged, by the Sponsor Company, to the contract’s value each year at the contract anniversary date. This charge is based on a percentage of remaining gross premiums with each
premium payment having its own Distribution Charge schedule. The Distribution Charge is reduced to zero after the completion of seven or eight years (based upon contract terms) after each respective premium payment. These charges are deducted through a redemption of units from applicable contract owners’ accounts and are reflected in surrenders for benefit payments and fees in the accompanying statements of changes in net assets.








4. Purchases and Sales of Investments:

The cost of purchases and proceeds from sales of investments for the period ended December 31, 2020 were as follows:

Sub-AccountPurchases at CostProceeds from Sales
American Century VP Value Fund$340,586 $460,939 
American Century VP Growth Fund$11,317 $25,913 
AB VPS Balanced Wealth Strategy Portfolio$304,301 $1,367,658 
AB VPS International Value Portfolio$619,700 $761,576 
AB VPS Small/Mid Cap Value Portfolio$206,235 $236,641 
AB VPS International Growth Portfolio$37,624 $77,947 
Invesco V.I. Value Opportunities Fund$1,234,945 $2,296,684 
Invesco V.I. Core Equity Fund$7,060,826 $5,440,865 
Invesco V.I. Government Securities Fund$16,704,014 $20,281,052 
Invesco V.I. High Yield Fund$56,827 $40,204 
Invesco V.I. International Growth Fund$2,481,101 $4,978,660 
Invesco V.I. Mid Cap Core Equity Fund$5,805,987 $4,474,501 
Invesco V.I. Small Cap Equity Fund$3,970,216 $4,854,474 
Invesco V.I. Balanced-Risk Allocation Fund$180,982 $263,137 
Invesco V.I. Diversified Dividend Fund$317 $649 
Invesco V.I. Government Money Market Fund$44,658,289 $37,500,636 
American Century VP Mid Cap Value Fund$7,692 $3,636 
AB VPS Growth and Income Portfolio$12,420 $13,595 
American Funds Insurance Series® Capital World Bond Fund+$2,679,360 $4,186,854 
American Funds Insurance Series® Global Growth and Income Fund$2,877,446 $7,136,788 
American Funds Insurance Series® Asset Allocation Fund$8,715,882 $21,632,881 
American Funds Insurance Series® Blue Chip Income and Growth Fund$4,378,561 $10,076,289 
American Funds Insurance Series® Bond Fund$23,683,381 $23,880,496 
American Funds Insurance Series® Global Growth Fund$4,434,467 $8,853,533 
American Funds Insurance Series® Growth Fund$20,897,744 $90,307,194 
American Funds Insurance Series® Growth-Income Fund$21,146,694 $52,399,665 
American Funds Insurance Series® International Fund$6,596,508 $14,497,568 
American Funds Insurance Series® New World Fund$1,560,941 $5,041,666 
American Funds Insurance Series® Global Small Capitalization Fund$4,032,525 $6,848,939 
Columbia Variable Portfolio - Small Company Growth Fund$314,159 $1,426,061 
Wells Fargo VT Omega Growth Fund$57,851 $71,164 
Fidelity® VIP Growth Portfolio$633,949 $737,208 
Fidelity® VIP Contrafund® Portfolio$653,569 $3,208,826 
Fidelity® VIP Mid Cap Portfolio$1,062,540 $2,171,845 
Fidelity® VIP Value Strategies Portfolio$52,091 $68,398 
Fidelity® VIP Dynamic Capital Appreciation Portfolio$31,184 $45,721 
Fidelity® VIP Strategic Income Portfolio$2,318 $2,999 
Franklin Rising Dividends VIP Fund$11,158,854 $21,659,840 
Franklin Income VIP Fund$17,922,294 $37,662,443 
Franklin Large Cap Growth VIP Fund$5,095,719 $9,044,039 
Franklin Global Real Estate VIP Fund$75,256 $45,138 
Franklin Small-Mid Cap Growth VIP Fund$9,951,349 $11,311,642 
Franklin Small Cap Value VIP Fund$2,014,677 $2,092,845 
Franklin Strategic Income VIP Fund$8,162,796 $12,429,523 
Franklin Mutual Shares VIP Fund$13,961,586 $20,892,600 
Templeton Developing Markets VIP Fund$1,748,386 $2,566,144 
Templeton Foreign VIP Fund$8,263,046 $8,285,100 
Templeton Growth VIP Fund$3,088,037 $12,798,007 
Franklin Mutual Global Discovery VIP Fund$3,619,088 $7,231,335 
Franklin Flex Cap Growth VIP Fund$3,951,162 $4,664,242 
Templeton Global Bond VIP Fund$2,245,916 $1,713,953 
Hartford Balanced HLS Fund$1,559,537 $2,002,364 
Hartford Total Return Bond HLS Fund+$20,025,315 $20,611,966 
Hartford Capital Appreciation HLS Fund$10,136,529 $21,088,276 
Hartford Dividend and Growth HLS Fund+$9,248,910 $12,918,750 
Hartford Healthcare HLS Fund$16,524 $2,308 
Hartford Global Growth HLS Fund+$428,320 $1,277,770 
Hartford Disciplined Equity HLS Fund+$23,291,319 $4,176,225 
Hartford Growth Opportunities HLS Fund+$8,681,320 $27,235,780 
Hartford High Yield HLS Fund+$976,243 $5,323,281 
Hartford International Opportunities HLS Fund$641,990 $1,331,031 
Hartford MidCap Growth HLS Fund+$346,550 $1,323,725 
Hartford MidCap HLS Fund+$1,481,245 $81,225 
Hartford MidCap Value HLS Fund+$76,165 $361,976 
Hartford Ultrashort Bond HLS Fund+$13,021,299 $11,802,848 
Hartford Small Company HLS Fund$561,391 $556,384 
Hartford SmallCap Growth HLS Fund$334,524 $342,879 
Hartford Stock HLS Fund$604,306 $976,155 
Hartford U.S. Government Securities HLS Fund+$916,996 $4,046,898 
Hartford Value HLS Fund+$173,807 $946,053 
Rational Trend Aggregation VA Fund$174,408 $342,928 
Rational Insider Buying VA Fund$282,164 $422,379 
Lord Abbett Series Fund - Fundamental Equity Portfolio$128,859 $304,344 
Lord Abbett Series Fund - Dividend Growth Portfolio+$253,710 $888,401 
Lord Abbett Series Fund - Bond Debenture Portfolio$1,172,045 $1,344,697 
Lord Abbett Series Fund - Growth and Income Portfolio$103,346 $157,731 
MFS® Growth Series$4,135,670 $8,402,301 
MFS® Global Equity Series$806,417 $1,048,849 
MFS® Investors Trust Series$3,251,850 $7,550,548 
MFS® Mid Cap Growth Series$2,670,678 $5,409,897 
MFS® New Discovery Series$4,740,925 $9,028,874 
MFS® Total Return Series$8,990,876 $19,135,401 
MFS® Value Series$6,767,275 $7,831,249 
MFS® Total Return Bond Series$12,555,858 $15,760,587 
MFS® Research Series$819,143 $1,206,989 
MFS® High Yield Portfolio$2,779,420 $4,896,422 
BlackRock Managed Volatility V.I. Fund$4,296,738 $6,069,345 
BlackRock Global Allocation V.I. Fund$3,861 $1,383 
BlackRock S&P 500 Index V.I. Fund$624,291 $1,192,015 
BlackRock Large Cap Focus Growth V.I. Fund$28,547 $8,866 
BlackRock Equity Dividend V.I. Fund$86,874 $86,085 
Morgan Stanley VIF Core Plus Fixed Income Portfolio$172 $477 
Morgan Stanley VIF Growth Portfolio$41,681 $72,559 
Morgan Stanley VIF Discovery Portfolio$281,394 $921,761 
Invesco V.I. American Value Fund$300,590 $197,961 
BlackRock Capital Appreciation V.I. Fund$49,698 $130,207 
Columbia Variable Portfolio - Asset Allocation Fund+$744,584 $1,976,941 
Columbia Variable Portfolio - Dividend Opportunity Fund$414,145 $661,557 
Columbia Variable Portfolio - Income Opportunities Fund$536,362 $710,670 
Columbia Variable Portfolio - Mid Cap Growth Fund$280,442 $1,260,124 
Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund+$2,462,373 $371,543 
Invesco Oppenheimer V.I. Capital Appreciation Fund$55,028 $104,780 
Invesco Oppenheimer V.I. Global Fund$201,991 $882,643 
Invesco Oppenheimer V.I. Main Street Fund®++$49,290 $126,718 
Invesco Oppenheimer V.I. Main Street Small Cap Fund®++$465,565 $1,046,091 
Putnam VT Diversified Income Fund$1,821,683 $1,613,161 
Putnam VT Global Asset Allocation Fund$19,787 $85,017 
Putnam VT Growth Opportunities Fund$179,658 $710,900 
Putnam VT International Value Fund$998 $3,377 
Putnam VT International Equity Fund$11,656 $19,743 
Putnam VT Small Cap Value Fund$7,779 $27,568 
JPMorgan Insurance Trust Core Bond Portfolio$3,162,036 $5,811,703 
JPMorgan Insurance Trust U.S. Equity Portfolio$630,405 $1,229,691 
JPMorgan Insurance Trust Mid Cap Value Portfolio$577,064 $566,329 
Putnam VT Equity Income Fund$4,662 $30,978 
PIMCO VIT All Asset Portfolio$586 $166 
PIMCO StocksPLUS® Global Portfolio$77,189 $80,856 
Prudential Series Jennison 20/20 Focus Portfolio$— $126 
Prudential Series Jennison Portfolio$144,849 $15,642 
Prudential Series Value Portfolio$$495 
Prudential Series SP International Growth Portfolio$— $652 
ClearBridge Variable Dividend Strategy Portfolio$789 $3,017 
Western Asset Variable Global High Yield Bond Portfolio$1,668 $2,610 
Clearbridge Variable Large Cap Value Portfolio$82,962 $64,682 
Invesco V.I. Growth and Income Fund$154,169 $150,492 
Invesco V.I. Comstock Fund$10,266 $28,764 
Invesco V.I. American Franchise Fund$3,708,416 $5,630,848 
Invesco V.I. Mid Cap Growth Fund+$824,248 $2,470,534 
Wells Fargo VT Index Asset Allocation Fund$2,470 $1,850 
Wells Fargo VT International Equity Fund$62,530 $80,760 
Wells Fargo VT Small Cap Growth Fund$203,534 $235,611 
Wells Fargo VT Discovery Fund$1,055 $894 
Wells Fargo VT Opportunity Fund$645,467 $1,162,420 
MFS® Core Equity Portfolio$700,506 $1,059,282 
MFS® Massachusetts Investors Growth Stock Portfolio$1,190,762 $1,931,054 
MFS® Research International Portfolio$947,139 $1,796,606 
Columbia Variable Portfolio - Large Cap Growth Fund$451,388 $1,974,072 
Columbia Variable Portfolio - Overseas Core Fund$453,427 $633,390 
CTIVP® - Loomis Sayles Growth Fund$256,119 $996,500 

+ See Note 1 for additional information related to this Sub-Account.

++ See Note 8 for additional information related to this Sub-Account.

5. Changes in Units Outstanding:

The changes in units outstanding for the period ended December 31, 2020 were as follows:

Sub-Account
Units IssuedUnits RedeemedNet Increase/(Decrease)
American Century VP Value Fund15,013 22,000 (6,987)
American Century VP Growth Fund210 864 (654)
AB VPS Balanced Wealth Strategy Portfolio11,501 69,014 (57,513)
AB VPS International Value Portfolio101,834 110,596 (8,762)
AB VPS Small/Mid Cap Value Portfolio8,939 10,698 (1,759)
AB VPS International Growth Portfolio— 6,529 (6,529)
Invesco V.I. Value Opportunities Fund530,291 1,298,630 (768,339)
Invesco V.I. Core Equity Fund89,428 255,672 (166,244)
Invesco V.I. Government Securities Fund11,235,723 13,975,691 (2,739,968)
Invesco V.I. High Yield Fund2,681 17,236 (14,555)
Invesco V.I. International Growth Fund407,057 1,234,372 (827,315)
Invesco V.I. Mid Cap Core Equity Fund474,259 1,537,876 (1,063,617)
Invesco V.I. Small Cap Equity Fund121,063 189,355 (68,292)
Invesco V.I. Balanced-Risk Allocation Fund4,416 17,488 (13,072)
Invesco V.I. Diversified Dividend Fund— 26 (26)
Invesco V.I. Government Money Market Fund4,890,633 4,023,621 867,012 
American Century VP Mid Cap Value Fund349 144 205 
AB VPS Growth and Income Portfolio705 1,230 (525)
American Funds Insurance Series® Capital World Bond Fund+189,965 322,548 (132,583)
American Funds Insurance Series® Global Growth and Income Fund102,069 405,240 (303,171)
American Funds Insurance Series® Asset Allocation Fund302,049 840,326 (538,277)
American Funds Insurance Series® Blue Chip Income and Growth Fund1,192,872 4,061,973 (2,869,101)
American Funds Insurance Series® Bond Fund1,412,413 1,501,203 (88,790)
American Funds Insurance Series® Global Growth Fund108,920 277,321 (168,401)
American Funds Insurance Series® Growth Fund356,476 2,828,610 (2,472,134)
American Funds Insurance Series® Growth-Income Fund431,236 1,776,828 (1,345,592)
American Funds Insurance Series® International Fund519,828 889,637 (369,809)
American Funds Insurance Series® New World Fund60,604 186,305 (125,701)
American Funds Insurance Series® Global Small Capitalization Fund106,740 286,519 (179,779)
Columbia Variable Portfolio - Small Company Growth Fund36,130 249,457 (213,327)
Wells Fargo VT Omega Growth Fund680 14,112 (13,432)
Fidelity® VIP Growth Portfolio19,681 21,090 (1,409)
Fidelity® VIP Contrafund® Portfolio24,211 112,236 (88,025)
Fidelity® VIP Mid Cap Portfolio65,981 108,844 (42,863)
Fidelity® VIP Value Strategies Portfolio1,032 3,157 (2,125)
Fidelity® VIP Dynamic Capital Appreciation Portfolio1,450 2,137 (687)
Fidelity® VIP Strategic Income Portfolio33 164 (131)
Franklin Rising Dividends VIP Fund119,502 616,734 (497,232)
Franklin Income VIP Fund300,678 1,650,689 (1,350,011)
Franklin Large Cap Growth VIP Fund92,459 303,875 (211,416)
Franklin Global Real Estate VIP Fund1,058 1,738 (680)
Franklin Small-Mid Cap Growth VIP Fund156,148 403,589 (247,441)
Franklin Small Cap Value VIP Fund92,830 116,504 (23,674)
Franklin Strategic Income VIP Fund277,622 613,639 (336,017)
Franklin Mutual Shares VIP Fund387,041 945,510 (558,469)
Templeton Developing Markets VIP Fund48,129 117,515 (69,386)
Templeton Foreign VIP Fund654,406 646,830 7,576 
Templeton Growth VIP Fund82,689 755,035 (672,346)
Franklin Mutual Global Discovery VIP Fund110,346 269,933 (159,587)
Franklin Flex Cap Growth VIP Fund108,123 156,551 (48,428)
Templeton Global Bond VIP Fund130,338 127,151 3,187 
Hartford Balanced HLS Fund236,961 438,009 (201,048)
Hartford Total Return Bond HLS Fund+1,905,545 2,501,419 (595,874)
Hartford Capital Appreciation HLS Fund275,918 1,476,019 (1,200,101)
Hartford Dividend and Growth HLS Fund+409,418 948,781 (539,363)
Hartford Healthcare HLS Fund41 153 (112)
Hartford Global Growth HLS Fund+1,112 140,910 (139,798)
Hartford Disciplined Equity HLS Fund+1,030,212 149,745 880,467 
Hartford Growth Opportunities HLS Fund+19,939 790,834 (770,895)
Hartford High Yield HLS Fund+31,581 297,876 (266,295)
Hartford International Opportunities HLS Fund66,725 157,575 (90,850)
Hartford MidCap Growth HLS Fund+1,876 48,138 (46,262)
Hartford MidCap HLS Fund+146,066 6,400 139,666 
Hartford MidCap Value HLS Fund+2,733 29,743 (27,010)
Hartford Ultrashort Bond HLS Fund+8,147,729 10,114,863 (1,967,134)
Hartford Small Company HLS Fund18,887 74,428 (55,541)
Hartford SmallCap Growth HLS Fund9,630 10,393 (763)
Hartford Stock HLS Fund48,149 277,054 (228,905)
Hartford U.S. Government Securities HLS Fund+76,970 489,859 (412,889)
Hartford Value HLS Fund+2,498 87,764 (85,266)
Rational Trend Aggregation VA Fund27,706 69,255 (41,549)
Rational Insider Buying VA Fund25,638 107,459 (81,821)
Lord Abbett Series Fund - Fundamental Equity Portfolio5,870 13,714 (7,844)
Lord Abbett Series Fund - Dividend Growth Portfolio+8,333 36,707 (28,374)
Lord Abbett Series Fund - Bond Debenture Portfolio51,827 71,755 (19,928)
Lord Abbett Series Fund - Growth and Income Portfolio5,374 8,914 (3,540)
MFS® Growth Series105,091 297,591 (192,500)
MFS® Global Equity Series21,748 38,154 (16,406)
MFS® Investors Trust Series99,227 307,948 (208,721)
MFS® Mid Cap Growth Series85,073 332,421 (247,348)
MFS® New Discovery Series70,373 237,715 (167,342)
MFS® Total Return Series181,072 791,972 (610,900)
MFS® Value Series172,025 262,304 (90,279)
MFS® Total Return Bond Series711,929 1,008,347 (296,418)
MFS® Research Series22,873 40,007 (17,134)
MFS® High Yield Portfolio137,486 382,041 (244,555)
BlackRock Managed Volatility V.I. Fund347,390 589,383 (241,993)
BlackRock Global Allocation V.I. Fund27 72 (45)
BlackRock S&P 500 Index V.I. Fund34,274 102,390 (68,116)
BlackRock Large Cap Focus Growth V.I. Fund— — — 
BlackRock Equity Dividend V.I. Fund3,106 3,838 (732)
Morgan Stanley VIF Core Plus Fixed Income Portfolio— 33 (33)
Morgan Stanley VIF Growth Portfolio298 1,606 (1,308)
Morgan Stanley VIF Discovery Portfolio2,740 24,187 (21,447)
Invesco V.I. American Value Fund17,846 10,882 6,964 
BlackRock Capital Appreciation V.I. Fund612 4,262 (3,650)
Columbia Variable Portfolio - Asset Allocation Fund+11,553 851,466 (839,913)
Columbia Variable Portfolio - Dividend Opportunity Fund29,294 36,366 (7,072)
Columbia Variable Portfolio - Income Opportunities Fund30,252 55,787 (25,535)
Columbia Variable Portfolio - Mid Cap Growth Fund13,809 53,605 (39,796)
Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund+242,096 27,636 214,460 
Invesco Oppenheimer V.I. Capital Appreciation Fund528 4,636 (4,108)
Invesco Oppenheimer V.I. Global Fund5,400 41,619 (36,219)
Invesco Oppenheimer V.I. Main Street Fund®++411 5,256 (4,845)
Invesco Oppenheimer V.I. Main Street Small Cap Fund®++24,173 43,555 (19,382)
Putnam VT Diversified Income Fund86,400 109,859 (23,459)
Putnam VT Global Asset Allocation Fund59 4,287 (4,228)
Putnam VT Growth Opportunities Fund4,211 32,293 (28,082)
Putnam VT International Value Fund578 894 (316)
Putnam VT International Equity Fund1,726 2,423 (697)
Putnam VT Small Cap Value Fund468 1,312 (844)
JPMorgan Insurance Trust Core Bond Portfolio197,604 380,576 (182,972)
JPMorgan Insurance Trust U.S. Equity Portfolio11,697 34,406 (22,709)
JPMorgan Insurance Trust Mid Cap Value Portfolio16,250 19,716 (3,466)
Putnam VT Equity Income Fund— 945 (945)
PIMCO VIT All Asset Portfolio— (7)
PIMCO StocksPLUS® Global Portfolio3,196 5,029 (1,833)
Prudential Series Jennison 20/20 Focus Portfolio— (1)
Prudential Series Jennison Portfolio39,224 644 38,580 
Prudential Series Value Portfolio— 115 (115)
Prudential Series SP International Growth Portfolio— 290 (290)
ClearBridge Variable Dividend Strategy Portfolio10 134 (124)
Western Asset Variable Global High Yield Bond Portfolio171 812 (641)
Clearbridge Variable Large Cap Value Portfolio2,371 20,672 (18,301)
Invesco V.I. Growth and Income Fund7,590 7,614 (24)
Invesco V.I. Comstock Fund124 1,029 (905)
Invesco V.I. American Franchise Fund83,641 203,205 (119,564)
Invesco V.I. Mid Cap Growth Fund+10,479 126,452 (115,973)
Wells Fargo VT Index Asset Allocation Fund— 224 (224)
Wells Fargo VT International Equity Fund42,285 60,013 (17,728)
Wells Fargo VT Small Cap Growth Fund4,266 7,580 (3,314)
Wells Fargo VT Discovery Fund— 15 (15)
Wells Fargo VT Opportunity Fund13,046 44,472 (31,426)
MFS® Core Equity Portfolio26,422 58,329 (31,907)
MFS® Massachusetts Investors Growth Stock Portfolio28,266 101,554 (73,288)
MFS® Research International Portfolio56,009 144,206 (88,197)
Columbia Variable Portfolio - Large Cap Growth Fund24,657 98,169 (73,512)
Columbia Variable Portfolio - Overseas Core Fund39,175 54,546 (15,371)
CTIVP® - Loomis Sayles Growth Fund14,837 46,870 (32,033)

+ See Note 1 for additional information related to this Sub-Account.

++ See Note 8 for additional information related to this Sub-Account.

The changes in units outstanding for the period ended December 31, 2019 were as follows:

Sub-Account
Units IssuedUnits RedeemedNet Increase/(Decrease)
American Century VP Value Fund5,441 29,190 (23,749)
American Century VP Growth Fund202 1,912 (1,710)
AB VPS Balanced Wealth Strategy Portfolio1,014 37,896 (36,882)
AB VPS International Value Portfolio76,262 101,480 (25,218)
AB VPS Small/Mid Cap Value Portfolio3,799 15,152 (11,353)
AB VPS International Growth Portfolio5,900 13,747 (7,847)
Invesco V.I. Value Opportunities Fund542,635 1,479,808 (937,173)
Invesco V.I. Core Equity Fund68,157 290,118 (221,961)
Invesco V.I. Government Securities Fund6,399,620 15,492,019 (9,092,399)
Invesco V.I. High Yield Fund47,262 22,625 24,637 
Invesco V.I. International Growth Fund146,349 1,660,516 (1,514,167)
Invesco V.I. Mid Cap Core Equity Fund272,543 1,596,889 (1,324,346)
Invesco V.I. Small Cap Equity Fund77,037 178,283 (101,246)
Invesco V.I. Balanced Risk Allocation Fund1,996 21,798 (19,802)
Invesco V.I. Diversified Dividend Fund— 39 (39)
Invesco V.I. Government Money Market Fund3,092,153 3,983,482 (891,329)
American Century VP Mid Cap Value Fund206 1,055 (849)
AB VPS Growth and Income Portfolio10,572 1,244 9,328 
American Funds Insurance Series® Global Bond Fund142,699 381,604 (238,905)
American Funds Insurance Series® Global Growth and Income Fund68,891 479,949 (411,058)
American Funds Insurance Series® Asset Allocation Fund370,310 1,119,829 (749,519)
American Funds Insurance Series® Blue Chip Income and Growth Fund1,511,840 5,697,026 (4,185,186)
American Funds Insurance Series® Bond Fund610,819 1,553,984 (943,165)
American Funds Insurance Series® Global Growth Fund59,602 373,084 (313,482)
American Funds Insurance Series® Growth Fund376,476 2,905,926 (2,529,450)
American Funds Insurance Series® Growth-Income Fund357,877 2,123,370 (1,765,493)
American Funds Insurance Series® International Fund206,035 1,128,066 (922,031)
American Funds Insurance Series® New World Fund50,064 226,798 (176,734)
American Funds Insurance Series® Global Small Capitalization Fund41,665 253,871 (212,206)
Columbia Variable Portfolio - Small Company Growth Fund76,148 262,834 (186,686)
Wells Fargo VT Omega Growth Fund10,188 92,339 (82,151)
Fidelity® VIP Growth Portfolio7,393 35,432 (28,039)
Fidelity® VIP ContrafundSM Portfolio6,903 101,425 (94,522)
Fidelity® VIP Mid Cap Portfolio50,032 111,765 (61,733)
Fidelity® VIP Value Strategies Portfolio122 3,169 (3,047)
Fidelity® VIP Dynamic Capital Appreciation Portfolio62 918 (856)
Fidelity® VIP Strategic Income Portfolio181 6,814 (6,633)
Franklin Rising Dividends VIP Fund121,751 881,107 (759,356)
Franklin Income VIP Fund243,255 2,253,225 (2,009,970)
Franklin Large Cap Growth VIP Fund98,538 237,015 (138,477)
Franklin Global Real Estate VIP Fund234 3,538 (3,304)
Franklin Small-Mid Cap Growth VIP Fund117,023 467,005 (349,982)
Franklin Small Cap Value VIP Fund50,377 133,486 (83,109)
Franklin Strategic Income VIP Fund189,590 801,234 (611,644)
Franklin Mutual Shares VIP Fund138,751 1,147,635 (1,008,884)
Templeton Developing Markets VIP Fund36,670 133,876 (97,206)
Templeton Foreign VIP Fund366,940 652,784 (285,844)
Templeton Growth VIP Fund161,890 869,589 (707,699)
Franklin Mutual Global Discovery VIP Fund39,887 309,791 (269,904)
Franklin Flex Cap Growth VIP Fund53,039 137,392 (84,353)
Templeton Global Bond VIP Fund51,542 155,710 (104,168)
Hartford Balanced HLS Fund99,133 469,727 (370,594)
Hartford Total Return Bond HLS Fund893,356 2,965,407 (2,072,051)
Hartford Capital Appreciation HLS Fund290,545 1,511,711 (1,221,166)
Hartford Dividend and Growth HLS Fund186,114 1,141,684 (955,570)
Hartford Healthcare HLS Fund47 145 (98)
Hartford Global Growth HLS Fund3,056 19,796 (16,740)
Hartford Disciplined Equity HLS Fund30,736 103,269 (72,533)
Hartford Growth Opportunities HLS Fund76,868 205,670 (128,802)
Hartford High Yield HLS Fund15,720 74,972 (59,252)
Hartford International Opportunities HLS Fund90,567 187,401 (96,834)
Hartford MidCap Growth HLS Fund4,728 11,392 (6,664)
Hartford MidCap HLS Fund108 4,507 (4,399)
Hartford MidCap Value HLS Fund2,430 491 1,939 
Hartford Ultrashort Bond HLS Fund5,340,853 9,798,644 (4,457,791)
Hartford Small Company HLS Fund46,228 111,402 (65,174)
Hartford SmallCap Growth HLS Fund10,110 20,072 (9,962)
Hartford Stock HLS Fund119,430 401,390 (281,960)
Hartford U.S. Government Securities HLS Fund48,698 67,729 (19,031)
Hartford Value HLS Fund1,423 9,512 (8,089)
Rational Trend Aggregation VA Fund11,891 81,272 (69,381)
Rational Insider Buying VA Fund33,181 119,992 (86,811)
Lord Abbett Series Fund - Fundamental Equity Portfolio2,717 27,411 (24,694)
Lord Abbett Calibrated Dividend Growth Fund15,396 38,553 (23,157)
Lord Abbett Series Fund - Bond Debenture Portfolio29,644 85,843 (56,199)
Lord Abbett Series Fund - Growth and Income Portfolio520 12,329 (11,809)
MFS® Growth Series137,059 447,670 (310,611)
MFS® Global Equity Series10,913 34,736 (23,823)
MFS® Investors Trust Series101,863 432,320 (330,457)
MFS® Mid Cap Growth Series330,077 306,667 23,410 
MFS® New Discovery Series85,309 248,124 (162,815)
MFS® Total Return Series263,022 1,024,967 (761,945)
MFS® Value Series99,915 440,422 (340,507)
MFS® Total Return Bond Series600,045 1,119,326 (519,281)
MFS® Research Series30,455 36,334 (5,879)
MFS® High Yield Portfolio163,701 428,953 (265,252)
BlackRock Managed Volatility V.I. Fund349,212 637,574 (288,362)
BlackRock Global Allocation V.I. Fund160 14,159 (13,999)
BlackRock S&P 500 Index V.I. Fund25,685 123,390 (97,705)
BlackRock Large Cap Focus Growth V.I. Fund— 1,163 (1,163)
BlackRock Equity Dividend V.I. Fund544 12,005 (11,461)
Morgan Stanley VIF Core Plus Fixed Income Portfolio2,713 6,223 (3,510)
Morgan Stanley VIF Growth Portfolio2,089 2,764 (675)
Morgan Stanley VIF Discovery Portfolio5,563 21,216 (15,653)
Invesco V.I. American Value Fund10,052 6,719 3,333 
BlackRock Capital Appreciation V.I. Fund791 10,338 (9,547)
Columbia Variable Portfolio - Asset Allocation Fund62,169 58,106 4,063 
Columbia Variable Portfolio - Dividend Opportunity Fund31,705 73,871 (42,166)
Columbia Variable Portfolio - Income Opportunities Fund26,751 52,062 (25,311)
Columbia Variable Portfolio - Mid Cap Growth Fund26,456 82,023 (55,567)
Invesco Oppenheimer V.I. Capital Appreciation Fund508 6,815 (6,307)
Invesco Oppenheimer V.I. Global Fund2,283 32,450 (30,167)
Invesco Oppenheimer V.I. Main Street Fund®++451 14,544 (14,093)
Invesco Oppenheimer V.I. Main Street Small Cap Fund®++15,403 28,506 (13,103)
Putnam VT Diversified Income Fund38,965 141,384 (102,419)
Putnam VT Global Asset Allocation Fund39 4,329 (4,290)
Putnam VT Growth Opportunities Fund2,311 45,892 (43,581)
Putnam VT International Value Fund236 1,960 (1,724)
Putnam VT International Equity Fund1,899 5,536 (3,637)
Putnam VT Small Cap Value Fund275 2,127 (1,852)
JPMorgan Insurance Trust Core Bond Portfolio92,088 439,856 (347,768)
JPMorgan Insurance Trust U.S. Equity Portfolio10,349 24,481 (14,132)
JPMorgan Insurance Trust Mid Cap Value Portfolio8,204 15,592 (7,388)
Putnam VT Equity Income Fund— 3,119 (3,119)
PIMCO VIT All Asset Portfolio9,594 (9,587)
PIMCO StocksPLUS® Global Portfolio766 8,206 (7,440)
Prudential Series Jennison 20/20 Focus Portfolio— 10,092 (10,092)
Prudential Series Jennison Portfolio4,080 6,724 (2,644)
Prudential Value Portfolio— 86 (86)
Prudential SP International Growth Portfolio— 281 (281)
ClearBridge Variable Dividend Strategy Portfolio126 24 102 
Western Asset Variable Global High Yield Bond Portfolio184 1,330 (1,146)
ClearBridge Variable Large Cap Value Portfolio2,380 8,239 (5,859)
Invesco V.I. Growth and Income Fund3,036 6,302 (3,266)
Invesco V.I. Comstock Fund36 685 (649)
Invesco V.I. American Franchise Fund141,802 167,168 (25,366)
Invesco V.I. Mid Cap Growth Fund34,357 60,719 (26,362)
Wells Fargo VT Index Asset Allocation Fund— 250 (250)
Wells Fargo VT International Equity Fund36,827 93,624 (56,797)
Wells Fargo VT Small Cap Growth Fund2,454 10,276 (7,822)
Wells Fargo VT Discovery Fund— 15 (15)
Wells Fargo VT Opportunity Fund12,416 57,170 (44,754)
MFS® Core Equity Portfolio16,334 73,680 (57,346)
MFS® Massachusetts Investors Growth Stock Portfolio75,679 92,829 (17,150)
MFS® Research International Portfolio54,590 145,275 (90,685)
Columbia Variable Portfolio - Large Cap Growth Fund33,232 95,209 (61,977)
Columbia Variable Portfolio - Overseas Core Fund34,154 76,271 (42,117)
CTIVP® – Loomis Sayles Growth Fund19,352 52,013 (32,661)

++ See Note 8 for additional information related to this Sub-Account.


6. Financial Highlights:

The following is a summary of units, unit fair values, net assets, expense ratios, investment income ratios, and total return ratios as of or for each of the periods presented for the aggregate of all share classes within each Sub- Account that had outstanding units during the period ended December 31, 2020. The ranges presented are calculated using the results of only the contracts with the highest and lowest expense ratios. A specific unit value or ratio may be outside of the range presented in this table due to the initial assigned unit values, combined with varying performance and/or length of time since inception of the presented expense ratios. Investment income and total return ratios are calculated for the period the related share class within the Sub-Account is active, while the expense ratio is annualized. In the case of fund mergers, the expense, investment income, and total return ratios are calculated using only the results of the surviving fund and exclude the results of the fund merged into the surviving fund. For the fund merged into the surviving fund the results are through the date of the fund merger. Corporate actions are identified for only the current year, prior years’ corporate actions are disclosed in the respective year’s report.




 Units # Unit
Fair Value
Lowest to Highest #
 Net AssetsExpense
Ratio Lowest to Highest*
Investment
Income
Ratio Lowest to Highest**
Total Return Ratio
Lowest to Highest***
American Century VP Value Fund
202055,925$21.367737 to$23.450700$1,292,7160.50 %to1.45%2.15 %to2.21%(0.62)%to0.33%
201962,912$21.501257 to$23.374017$1,455,7320.50 %to1.45%1.96 %to1.96%25.10 %to26.29%
201886,661$17.187910 to$18.508409$1,590,6790.50 %to1.45%1.49 %to1.53%(10.58)%to(9.73)%
201790,449$19.222298 to$20.503245$1,841,8680.50 %to1.45%1.50 %to1.52%7.01 %to8.03%
2016102,221$17.962488 to$18.978389$1,933,6230.50 %to1.45%1.26 %to1.58%18.55 %to19.68%
American Century VP Growth Fund
20202,248$35.532853 to$35.532853$79,8790.65 %to0.65%0.33 %to0.33%33.80 %to33.80%
20192,902$26.557241 to$26.557241$77,0630.65 %to0.65%0.26 %to0.26%34.46 %to34.46%
20184,612$19.751240 to$19.751240$91,0980.65 %to0.65%0.11 %to0.11%(2.23)%to(2.23)%
20174,847$20.200979 to$20.200979$97,9070.65 %to0.65%0.63 %to0.63%29.38 %to29.38%
20165,234$15.613557 to$15.613557$81,7290.65 %to0.65%— %to—%3.52 %to3.52%
AB VPS Balanced Wealth Strategy Portfolio
2020154,918$21.099126 to$25.050508$2,634,2620.50 %to2.70%0.88 %to2.21%6.34 %to8.71%
2019212,431$19.840768 to$23.044027$3,595,9240.50 %to2.70%2.30 %to2.33%15.06 %to17.61%
2018249,313$17.244421 to$19.593049$3,636,3820.50 %to2.70%1.68 %to1.69%(8.90)%to(6.88)%
2017282,012$18.929797 to$21.039797$4,424,8860.50 %to2.70%1.82 %to1.82%12.54 %to15.05%
2016320,168$16.819960 to$18.288255$4,357,8150.50 %to2.70%1.81 %to1.82%1.66 %to3.92%
AB VPS International Value Portfolio
2020511,971$13.264223 to$15.173551$3,855,0070.50 %to2.70%1.72 %to1.76%(0.51)%to1.70%
2019520,733$13.332472 to$14.919716$3,878,4730.50 %to2.70%0.84 %to0.87%13.68 %to16.21%
2018545,951$11.727917 to$12.838845$3,552,3610.50 %to2.70%0.77 %to1.09%(25.03)%to(23.36)%
2017575,458$15.643661 to$16.752424$4,943,8710.50 %to2.70%2.02 %to2.24%21.76 %to24.47%
2016694,415$12.847489 to$13.458962$4,843,9990.50 %to2.70%1.09 %to1.16%(3.44)%to(1.29)%
AB VPS Small/Mid Cap Value Portfolio
202052,613$31.978466 to$35.636456$1,249,1160.50 %to2.75%0.80 %to0.84%0.26 %to2.54%
201954,372$31.896029 to$34.753847$1,272,6200.50 %to2.75%0.32 %to0.34%16.65 %to19.30%
201865,725$27.342613 to$29.130337$1,306,5570.50 %to2.75%0.19 %to0.23%(17.59)%to(15.72)%
201779,290$33.180411 to$34.562643$1,891,3890.50 %to2.75%0.24 %to0.25%9.79 %to12.29%
201696,375$30.221710 to$30.780680$2,065,8680.50 %to2.75%0.36 %to0.36%21.41 %to24.17%
AB VPS International Growth Portfolio
202031,435$13.230890 to$21.866344$436,9431.25 %to2.70%0.99 %to1.19%26.15 %to27.99%
201937,964$10.337219 to$17.333346$412,3271.25 %to2.70%0.28 %to0.29%23.85 %to25.65%
201845,811$8.226871 to$13.995949$389,8591.25 %to2.70%0.40 %to0.40%(19.80)%to(18.62)%
201759,347$10.109732 to$17.450543$611,1541.25 %to2.70%0.87 %to0.95%31.05 %to32.96%
201669,760$7.603435 to$13.315844$541,8771.25 %to2.70%— %to—%(9.55)%to(8.22)%
Invesco V.I. Value Opportunities Fund
20205,759,922$2.383302 to$26.363868$11,627,6200.85 %to2.80%0.40 %to0.41%2.54 %to4.56%
20196,528,261$2.279300 to$25.710068$12,673,7290.85 %to2.80%0.24 %to0.24%27.01 %to29.51%
20187,465,434$1.759925 to$20.241880$11,258,2300.85 %to2.80%0.32 %to0.32%(21.41)%to(19.86)%
20178,398,891$2.196079 to$25.756336$15,999,9700.85 %to2.80%0.40 %to0.40%14.20 %to16.44%
20169,847,169$1.885957 to$22.554491$16,246,5820.85 %to2.80%0.39 %to0.41%15.07 %to17.33%
Invesco V.I. Core Equity Fund
20201,212,683$25.583443 to$30.270210$24,985,6220.50 %to2.75%1.05 %to1.18%10.76 %to13.01%
20191,378,927$23.097375 to$26.786554$25,754,0920.50 %to2.75%0.17 %to0.95%25.47 %to28.02%
20181,600,888$18.408618 to$20.922989$23,750,1330.50 %to2.75%— %to0.90%(11.85)%to(10.06)%
20171,840,303$20.884186 to$23.263545$30,798,7070.50 %to2.75%0.80 %to1.04%10.11 %to12.31%
20162,102,473$18.967298 to$21.026178$31,902,4280.30 %to2.75%— %to0.79%7.27 %to9.69%
Invesco V.I. Government Securities Fund
202047,149,679$1.661102 to$10.239324$66,804,3500.85 %to2.80%2.52 %to2.52%3.34 %to5.37%
201949,889,647$1.576383 to$9.908485$67,824,1590.85 %to2.80%2.53 %to2.58%3.14 %to5.18%
201858,982,046$1.498812 to$9.606402$76,929,6650.85 %to2.80%2.18 %to2.20%(2.22)%to(0.29)%
201765,970,861$1.503200 to$9.824279$87,071,4680.85 %to2.80%2.10 %to2.12%(0.86)%to1.09%
201672,236,130$1.486940 to$9.909381$95,179,4340.85 %to2.80%1.89 %to1.95%(1.57)%to0.37%
Invesco V.I. High Yield Fund
2020117,205$2.270143 to$22.274429$333,2501.70 %to2.65%6.02 %to6.03%0.62 %to1.58%
2019131,760$2.234887 to$21.893599$324,2891.70 %to2.75%0.03 %to5.08%10.43 %to11.60%
2018107,123$2.002661 to$19.825577$263,8961.70 %to2.75%5.07 %to5.30%(5.97)%to(4.98)%
2017127,229$2.107655 to$21.085280$508,9371.70 %to2.75%3.98 %to4.07%3.42 %to4.51%
2016165,289$2.016745 to$20.388679$580,3371.70 %to2.75%4.06 %to4.20%8.20 %to9.34%
Invesco V.I. International Growth Fund
20206,243,261$22.258091 to$24.786293$26,233,8250.30 %to2.80%— %to2.40%10.85 %to13.40%
20197,070,576$20.079731 to$21.857569$26,541,9000.30 %to2.80%— %to1.58%25.03 %to27.85%
20188,584,743$16.060392 to$17.095661$25,800,4090.30 %to2.80%— %to2.13%(17.32)%to(15.46)%
20179,693,455$19.425716 to$20.221611$34,441,1090.30 %to2.80%— %to1.44%19.61 %to22.36%
201611,461,762$16.241116 to$16.526576$34,208,2240.30 %to2.80%— %to1.42%(3.20)%to(0.99)%
Invesco V.I. Mid Cap Core Equity Fund
20207,790,159$23.076506 to$26.539528$24,150,3130.65 %to2.80%0.51 %to0.74%6.23 %to8.24%
20198,853,776$21.722629 to$24.520242$25,506,8630.65 %to2.80%0.07 %to0.50%21.82 %to24.23%
201810,178,122$17.831447 to$19.738095$23,874,8170.65 %to2.80%0.09 %to0.51%(13.80)%to(12.17)%
201711,917,687$20.685989 to$22.473592$32,149,0130.65 %to2.80%0.32 %to0.53%11.75 %to13.91%
201613,755,618$18.511422 to$20.254163$32,861,2520.30 %to2.80%— %to0.08%10.30 %to12.82%
Invesco V.I. Small Cap Equity Fund
2020631,159$30.608904 to$37.017915$19,732,8440.30 %to2.80%— %to0.34%23.73 %to26.49%
2019699,451$24.738082 to$28.657437$17,488,0920.50 %to2.80%— %to—%23.11 %to25.69%
2018800,697$20.094666 to$23.237086$16,121,1680.30 %to2.80%— %to—%(17.43)%to(15.53)%
2017933,454$24.335556 to$27.508052$22,532,9800.30 %to2.80%— %to—%10.91 %to13.39%
20161,082,645$21.942004 to$24.260672$23,354,6640.30 %to2.80%— %to—%8.97 %to11.50%
Invesco V.I. Balanced-Risk Allocation Fund
202059,682$14.328032 to$17.257367$935,5000.50 %to2.40%7.55 %to7.94%7.38 %to9.44%
201972,754$13.343050 to$15.768680$1,049,7030.50 %to2.40%— %to—%12.16 %to14.31%
201892,556$11.896602 to$13.794728$1,187,7930.50 %to2.40%1.27 %to1.31%(8.92)%to(7.18)%
2017109,910$13.062314 to$14.861220$1,531,7000.50 %to2.40%3.88 %to4.13%7.23 %to9.28%
2016144,195$12.181854 to$13.598736$1,847,2820.50 %to2.40%0.15 %to0.18%8.87 %to10.96%
Invesco V.I. Diversified Dividend Fund
2020300$20.962948 to$20.962948$6,2951.70 %to1.70%2.91 %to2.91%(1.82)%to(1.82)%
2019326$21.351168 to$21.351168$6,9651.70 %to1.70%2.72 %to2.72%22.67 %to22.67%
2018365$17.405343 to$17.405343$6,3561.70 %to1.70%2.17 %to2.17%(9.37)%to(9.37)%
2017394$19.204376 to$19.204376$7,5641.70 %to1.70%1.50 %to1.50%6.52 %to6.52%
2016424$18.028771 to$18.028771$7,6391.70 %to1.70%1.15 %to1.15%12.61 %to12.61%
Invesco V.I. Government Money Market Fund
20205,768,040$8.375289 to$10.125144$52,819,5330.30 %to2.80%— %to0.29%(2.55)%to(0.09)%
20194,901,028$8.693415 to$10.133930$45,661,8910.30 %to2.75%1.62 %to1.86%(0.87)%to1.34%
20185,792,357$8.769400 to$9.999989$53,661,2710.30 %to2.75%1.28 %to1.42%(1.20)%to0.99%
20175,269,921$8.876326 to$9.901669$49,089,2840.30 %to2.75%0.30 %to0.64%(2.16)%to0.01%
20165,971,300$9.072730 to$9.900264$56,196,0850.30 %to2.75%0.02 %to0.09%(2.62)%to(0.27)%
American Century VP Mid Cap Value Fund
20203,545$22.761118 to$25.008360$87,0370.50 %to1.45%1.70 %to1.71%(0.34)%to0.61%
20193,340$22.839853 to$24.857624$81,6430.50 %to1.45%1.91 %to1.92%27.14 %to28.35%
20184,189$17.964559 to$19.367050$79,9710.50 %to1.45%1.10 %to1.26%(14.22)%to(13.40)%
20176,844$20.941448 to$22.362747$151,3620.50 %to1.45%1.40 %to1.40%9.86 %to10.91%
20167,027$19.061376 to$20.162741$140,8360.50 %to1.45%1.55 %to1.57%20.95 %to22.11%
AB VPS Growth and Income Portfolio
20208,803$10.951484 to$11.195674$98,0981.25 %to2.45%1.33 %to1.33%(0.01)%to1.20%
2019♦9,328$10.952221 to$11.062894$102,9711.25 %to2.45%1.01 %to1.02%9.52 %to10.63%
American Funds Insurance Series® Capital World Bond Fund+
20201,472,084$11.423284 to$11.959025$19,994,2370.50 %to2.75%0.84 %to1.22%6.92 %to9.07%
20191,604,667$10.473324 to$11.185125$20,234,1220.50 %to2.75%1.41 %to1.50%4.85 %to7.00%
20181,843,572$9.788153 to$10.668221$21,965,2270.50 %to2.75%1.73 %to1.95%(4.01)%to(2.10)%
20172,099,339$9.998043 to$11.113629$25,833,1160.50 %to2.75%0.36 %to0.42%(0.02)%to3.96%
20162,046,112$10.690698 to$13.232531$24,561,1090.85 %to2.75%0.55 %to0.56%(0.07)%to1.85%
American Funds Insurance Series® Global Growth and Income Fund
20201,952,428$13.441354 to$29.515709$38,993,6160.50 %to2.75%1.12 %to1.22%5.78 %to8.00%
20192,255,599$12.445256 to$27.902511$41,881,7100.50 %to2.75%1.46 %to1.66%27.59 %to30.08%
20182,666,657$9.567445 to$21.759494$38,499,1320.50 %to2.80%0.22 %to1.48%(12.13)%to(10.34)%
20173,146,861$10.670657 to$24.762218$51,339,4310.50 %to2.80%1.83 %to2.10%6.71 %to22.59%
20162,780,558$15.982931 to$20.199758$40,552,6390.85 %to2.80%1.79 %to1.85%4.38 %to6.44%
American Funds Insurance Series® Asset Allocation Fund
20205,137,596$13.312705 to$26.354191$134,215,7670.50 %to2.80%0.73 %to1.76%9.35 %to11.60%
20195,675,873$11.928983 to$24.100232$135,014,4460.50 %to2.80%1.75 %to1.84%17.88 %to20.32%
20186,425,392$9.914185 to$20.443889$128,179,8350.50 %to2.80%1.36 %to1.45%(7.24)%to(5.31)%
20177,490,631$10.469884 to$22.139871$159,190,8760.50 %to2.75%1.06 %to1.67%4.70 %to13.08%
20167,474,934$19.579122 to$24.149417$148,582,3580.85 %to2.75%1.52 %to1.60%6.44 %to8.48%
American Funds Insurance Series® Blue Chip Income and Growth Fund
202025,407,005$12.946697 to$30.116208$64,495,6180.30 %to2.75%1.73 %to1.96%5.73 %to8.15%
201928,276,106$11.971410 to$28.482870$67,075,2080.30 %to2.75%— %to2.00%18.09 %to20.67%
201832,461,292$9.920577 to$24.120341$64,983,6770.30 %to2.75%— %to1.78%(11.14)%to(9.19)%
201739,821,581$10.915463 to$27.019907$89,031,3870.50 %to2.80%0.33 %to1.53%9.15 %to13.81%
201645,421,296$2.104686 to$23.741193$84,142,0650.85 %to2.80%1.93 %to1.99%15.42 %to17.70%
American Funds Insurance Series® Bond Fund
20207,246,894$11.684237 to$13.095358$118,167,3020.50 %to2.75%1.76 %to3.48%6.76 %to8.83%
20197,335,684$10.735782 to$12.266349$111,523,1280.50 %to2.75%1.59 %to2.67%6.39 %to8.54%
20188,278,849$9.891325 to$11.529400$116,160,8290.50 %to2.75%2.34 %to2.39%(3.41)%to(1.38)%
20179,499,220$10.029764 to$11.935949$136,569,4620.50 %to2.75%1.43 %to1.87%0.30 %to0.85%
20168,048,993$11.835007 to$17.669273$123,541,3170.85 %to2.75%1.66 %to1.69%0.15 %to2.07%
American Funds Insurance Series® Global Growth Fund
20201,400,951$16.780459 to$40.648006$52,706,8200.50 %to2.75%0.11 %to0.35%26.93 %to29.52%
20191,569,352$12.956097 to$32.024496$46,013,3180.50 %to2.75%0.95 %to1.08%31.61 %to34.20%
20181,882,834$9.654189 to$24.210580$42,017,3020.50 %to2.80%0.08 %to0.51%(11.56)%to(9.69)%
20172,135,003$10.690165 to$27.374033$52,725,9700.50 %to2.80%0.48 %to0.63%6.90 %to27.84%
20162,112,043$21.412322 to$26.031439$43,944,5170.85 %to2.80%0.89 %to0.90%(2.16)%to(0.23)%
American Funds Insurance Series® Growth Fund
202012,124,144$20.788080 to$57.907788$516,683,8240.50 %to2.80%0.22 %to0.33%47.89 %to50.96%
201914,596,278$13.770810 to$39.157035$410,095,7350.50 %to2.80%0.53 %to0.84%27.16 %to29.79%
201817,125,728$10.640480 to$30.792652$373,187,8400.30 %to2.80%— %to0.40%(3.00)%to(0.80)%
201720,385,830$10.726522 to$31.745880$447,865,3080.30 %to2.80%0.24 %to0.53%7.27 %to24.75%
201619,010,681$25.447295 to$26.911796$375,951,3240.85 %to2.80%0.77 %to0.77%6.47 %to8.56%
American Funds Insurance Series® Growth-Income Fund
202010,168,543$14.883680 to$35.599175$321,997,7630.50 %to2.80%1.11 %to1.42%10.41 %to12.68%
201911,514,135$13.208437 to$32.242598$327,072,1320.50 %to2.80%1.47 %to1.70%22.65 %to25.23%
201813,279,628$10.547662 to$26.287348$304,182,7570.50 %to2.80%1.01 %to1.28%(4.50)%to(2.55)%
201715,778,593$10.823191 to$27.525937$372,003,1920.50 %to2.80%1.02 %to1.40%8.23 %to19.00%
201615,641,611$23.130093 to$26.765509$337,129,1400.85 %to2.80%1.47 %to1.47%8.44 %to10.58%
American Funds Insurance Series® International Fund
20204,752,038$12.826795 to$22.648525$88,318,7720.30 %to2.75%0.30 %to0.69%10.88 %to13.32%
20195,121,847$11.319229 to$20.426000$85,410,8410.30 %to2.75%— %to1.54%19.55 %to22.30%
20186,043,878$9.255268 to$17.085804$83,257,2110.30 %to2.75%— %to1.78%(15.49)%to(13.67)%
20176,885,084$10.720462 to$20.217781$110,844,3700.30 %to2.75%0.92 %to1.38%7.20 %to28.56%
20165,036,124$15.725893 to$18.277357$75,344,6120.85 %to2.75%1.37 %to1.40%0.72 %to2.66%
American Funds Insurance Series® New World Fund
2020889,488$14.683658 to$25.042110$29,568,3550.30 %to2.75%— %to0.07%20.23 %to22.92%
20191,015,189$11.945320 to$20.828630$27,625,7260.30 %to2.75%— %to0.92%25.64 %to28.43%
20181,191,923$9.301084 to$16.577745$25,917,4180.30 %to2.75%— %to0.82%(16.37)%to(14.51)%
20171,413,979$10.879165 to$19.823120$36,479,7420.30 %to2.75%0.61 %to0.95%8.79 %to25.94%
20161,145,166$15.740655 to$30.807302$28,455,1250.85 %to2.75%0.75 %to0.76%2.40 %to4.37%
American Funds Insurance Series® Global Small Capitalization Fund
20201,176,377$16.364324 to$36.994250$37,300,3940.30 %to2.75%0.09 %to0.16%26.20 %to29.00%
20191,356,156$12.685349 to$29.312834$33,336,7740.30 %to2.75%— %to0.15%27.95 %to30.85%
20181,568,362$9.694514 to$22.793980$29,761,9690.30 %to2.80%— %to0.04%(13.02)%to(11.07)%
20171,850,115$10.901655 to$26.205876$39,665,9650.30 %to2.80%0.03 %to0.43%9.02 %to22.42%
20161,446,887$21.406541 to$26.421449$31,146,9080.85 %to2.80%0.24 %to0.24%(0.72)%to1.23%
Columbia Variable Portfolio - Small Company Growth Fund
2020896,606$5.259160 to$61.556762$6,438,2921.70 %to2.80%— %to—%66.41 %to68.24%
20191,109,933$3.125905 to$36.991782$4,755,4621.70 %to2.80%— %to—%36.82 %to38.33%
20181,296,619$2.259761 to$27.037123$3,967,0911.70 %to2.80%— %to—%(4.47)%to(3.41)%
20171,550,710$2.339489 to$28.300855$4,816,5331.70 %to2.80%— %to—%25.68 %to27.07%
20161,854,763$1.841082 to$22.517686$4,334,4571.70 %to2.80%— %to—%9.63 %to10.84%
Wells Fargo VT Omega Growth Fund
2020189,561$46.934619 to$54.742957$805,6321.25 %to2.45%— %to—%39.94 %to41.63%
2019202,993$38.652451 to$43.134586$614,9821.25 %to2.75%— %to—%33.67 %to35.69%
2018285,144$28.485826 to$32.268741$624,2441.25 %to2.75%— %to—%(2.21)%to(0.73)%
2017280,899$28.695211 to$32.997419$592,5931.25 %to2.75%0.23 %to0.24%31.29 %to33.28%
2016410,201$21.530599 to$25.132315$658,7761.25 %to2.75%— %to—%(1.97)%to(0.49)%
Fidelity® VIP Growth Portfolio
202047,183$38.315724 to$55.324211$1,897,9751.25 %to2.70%0.03 %to0.04%39.73 %to41.77%
201948,592$27.027166 to$39.594026$1,404,1281.25 %to2.70%0.05 %to0.06%30.41 %to32.31%
201876,631$20.426792 to$30.361627$1,587,7701.25 %to2.70%0.01 %to0.04%(3.09)%to(1.67)%
201786,555$20.773564 to$31.328356$1,814,7241.25 %to2.70%— %to0.08%31.23 %to33.14%
2016110,327$15.602567 to$23.873316$1,750,4471.25 %to2.70%— %to—%(2.13)%to(0.70)%
Fidelity® VIP Contrafund® Portfolio
2020430,818$40.301088 to$47.709520$13,362,6510.50 %to2.75%0.08 %to0.08%26.70 %to29.58%
2019518,843$31.807540 to$36.817306$12,589,5440.50 %to2.75%0.21 %to0.22%27.71 %to30.62%
2018613,365$24.905161 to$28.186566$11,651,0080.50 %to2.75%0.44 %to0.44%(9.17)%to(7.11)%
2017725,286$27.420725 to$30.342536$14,891,3760.50 %to2.75%0.76 %to0.78%18.29 %to20.98%
2016900,107$23.180801 to$25.080544$15,545,7590.50 %to2.75%0.56 %to0.63%4.81 %to7.19%
Fidelity® VIP Mid Cap Portfolio
2020411,705$32.947923 to$35.834747$9,937,1540.50 %to2.70%0.38 %to0.42%14.73 %to17.28%
2019454,568$28.718380 to$30.555009$9,383,8650.50 %to2.70%0.62 %to0.70%19.89 %to22.56%
2018516,301$23.953677 to$24.931094$8,816,6330.50 %to2.70%0.40 %to0.40%(17.04)%to(15.20)%
2017619,332$28.875414 to$29.398935$12,575,5780.50 %to2.70%0.48 %to0.49%17.33 %to19.94%
2016778,627$24.512368 to$24.611032$13,298,9840.50 %to2.70%0.32 %to0.32%8.94 %to11.36%
Fidelity® VIP Value Strategies Portfolio
202024,664$22.059290 to$36.981426$599,9591.25 %to2.75%1.05 %to1.06%5.09 %to6.68%
201926,789$20.678302 to$35.190452$605,1741.25 %to2.75%1.43 %to1.43%30.46 %to32.43%
201829,836$15.614159 to$26.973639$507,0591.25 %to2.75%0.69 %to0.71%(19.74)%to(18.52)%
201731,607$19.164009 to$33.606969$656,8561.25 %to2.75%1.24 %to1.30%15.86 %to17.61%
201632,475$16.295090 to$29.007446$581,8831.25 %to2.75%0.82 %to0.93%6.31 %to7.91%
Fidelity® VIP Dynamic Capital Appreciation Portfolio
20208,420$33.767951 to$48.470550$285,5821.25 %to2.40%0.04 %to0.05%30.18 %to31.69%
20199,107$25.642809 to$37.233195$235,6771.25 %to2.40%0.38 %to0.39%26.74 %to28.21%
20189,963$20.000688 to$29.376711$203,9951.25 %to2.40%0.33 %to0.33%(7.42)%to(6.35)%
201712,674$21.356064 to$31.730615$274,6131.25 %to2.40%0.44 %to0.47%20.57 %to21.97%
201617,768$17.509591 to$26.316250$337,3031.25 %to2.40%0.81 %to1.08%0.22 %to1.38%
Fidelity® VIP Strategic Income Portfolio
20202,524$17.871498 to$18.182550$45,4290.50 %to0.65%3.05 %to3.14%6.47 %to6.63%
20192,655$16.786188 to$17.052753$44,8500.50 %to0.65%1.03 %to1.64%9.94 %to10.10%
20189,288$15.268699 to$15.487927$142,7900.50 %to0.65%3.45 %to5.18%(3.45)%to(3.31)%
20177,473$15.814675 to$16.017684$118,6870.50 %to0.65%2.95 %to3.05%6.85 %to7.01%
20167,390$11.555892 to$14.968580$109,8100.50 %to1.45%— %to3.40%6.46 %to7.48%
Franklin Rising Dividends VIP Fund
20203,514,337$33.756131 to$42.733716$135,758,2190.50 %to2.80%1.24 %to1.25%12.77 %to15.27%
20194,011,569$29.934183 to$37.072649$135,938,5650.50 %to2.80%1.15 %to1.22%25.66 %to28.51%
20184,770,925$23.820835 to$28.847348$127,442,6100.50 %to2.80%1.21 %to1.39%(7.70)%to(5.64)%
20175,735,871$25.807302 to$30.570925$164,155,1250.50 %to2.80%1.48 %to1.53%17.23 %to19.80%
20166,764,063$22.014024 to$25.517537$163,348,9290.50 %to2.80%1.35 %to1.37%12.84 %to15.36%
Franklin Income VIP Fund
20209,713,911$20.725204 to$22.578017$223,691,0300.50 %to2.75%5.40 %to5.63%(2.15)%to0.08%
201911,063,922$21.180744 to$22.560764$257,745,3530.50 %to2.75%4.18 %to5.14%12.90 %to15.47%
201813,073,892$18.876011 to$19.538448$266,727,7830.50 %to2.80%4.64 %to4.79%(6.95)%to(4.89)%
201715,375,955$20.285231 to$20.543598$333,343,3160.50 %to2.80%3.86 %to4.09%6.65 %to9.00%
201618,020,246$18.846757 to$19.021188$362,542,9370.50 %to2.80%4.81 %to4.99%10.88 %to13.30%
Franklin Large Cap Growth VIP Fund
2020747,783$41.038866 to$42.838646$27,822,4091.35 %to2.80%— %to—%40.64 %to42.70%
2019959,199$28.759724 to$30.459066$25,076,1821.35 %to2.80%— %to—%30.86 %to32.77%
20181,097,676$21.660712 to$23.275572$21,764,4871.35 %to2.80%— %to—%(4.19)%to(2.79)%
20171,145,388$22.282173 to$24.293354$23,627,6811.35 %to2.80%0.62 %to0.62%24.57 %to26.39%
20161,308,833$17.629724 to$19.501475$21,434,3681.35 %to2.80%— %to—%(4.50)%to(3.11)%
Franklin Global Real Estate VIP Fund
202015,979$19.682129 to$26.185103$401,4221.40 %to2.40%— %to3.26%(7.63)%to(6.70)%
201916,659$21.308476 to$28.066435$448,4261.40 %to2.40%2.56 %to2.65%19.47 %to20.67%
201819,963$17.835379 to$23.258150$446,8241.40 %to2.40%2.61 %to2.64%(8.99)%to(8.07)%
201733,022$19.596544 to$25.300343$811,9651.40 %to2.40%3.02 %to3.13%7.85 %to8.94%
201637,743$18.169348 to$23.224410$855,2991.40 %to2.40%1.22 %to1.23%(1.84)%to(0.86)%
Franklin Small-Mid Cap Growth VIP Fund
20201,571,777$48.950188 to$55.583257$53,632,7600.50 %to2.80%— %to—%50.81 %to54.23%
20191,819,218$32.457390 to$36.038163$40,798,6640.50 %to2.80%— %to—%27.81 %to30.61%
20182,169,200$25.395749 to$27.592165$37,729,7130.50 %to2.80%— %to—%(7.99)%to(5.93)%
20172,552,501$27.599807 to$29.331498$47,720,8810.50 %to2.80%— %to—%18.05 %to20.70%
20162,904,627$23.380067 to$24.301278$45,772,2180.50 %to2.80%— %to—%1.29 %to3.52%
Franklin Small Cap Value VIP Fund
2020439,880$30.516310 to$36.624803$9,162,5350.30 %to2.75%— %to1.45%2.34 %to4.82%
2019463,554$29.819901 to$34.215823$9,329,4850.50 %to2.75%0.94 %to1.05%22.92 %to25.60%
2018546,663$24.259372 to$27.764714$8,848,6980.30 %to2.75%— %to0.76%(15.24)%to(13.27)%
2017644,831$28.621801 to$32.012289$12,167,5640.30 %to2.75%— %to0.52%7.65 %to10.23%
2016853,643$26.587670 to$29.040831$14,743,9720.30 %to2.75%— %to0.78%26.66 %to29.73%
Franklin Strategic Income VIP Fund
20203,379,227$15.672577 to$16.692945$69,892,5710.50 %to2.75%4.40 %to5.16%0.94 %to2.83%
20193,715,244$15.526646 to$16.233619$75,407,0090.50 %to2.75%5.43 %to5.78%5.47 %to7.40%
20184,326,888$14.647895 to$15.115649$82,090,2460.50 %to2.80%2.49 %to2.85%(4.62)%to(2.72)%
20175,125,664$15.357547 to$15.538835$100,756,2000.50 %to2.80%2.70 %to3.01%1.85 %to3.94%
20165,658,488$14.949678 to$15.079310$108,493,1980.50 %to2.80%3.24 %to3.63%5.26 %to7.33%
Franklin Mutual Shares VIP Fund
20205,476,098$20.320731 to$25.104208$124,666,5560.30 %to2.80%— %to2.98%(7.67)%to(5.45)%
20196,034,567$22.008085 to$26.000539$147,740,8740.50 %to2.80%1.51 %to2.62%19.19 %to21.83%
20187,043,451$18.464947 to$21.751800$143,040,1280.30 %to2.80%— %to2.62%(11.58)%to(9.43)%
20178,326,615$20.882885 to$24.016641$189,034,2550.30 %to2.80%— %to2.27%5.36 %to7.93%
20169,730,034$19.821188 to$22.252692$207,416,2960.30 %to2.80%— %to1.99%12.85 %to15.59%
Templeton Developing Markets VIP Fund
2020515,991$22.404484 to$38.981630$13,796,1270.85 %to2.75%4.09 %to4.37%14.20 %to16.39%
2019585,377$19.618264 to$33.491115$13,484,7690.85 %to2.75%1.25 %to1.28%23.48 %to25.84%
2018682,583$15.888264 to$26.613105$12,628,9010.85 %to2.75%1.13 %to1.13%(17.74)%to(16.16)%
2017819,480$19.314424 to$31.742262$18,327,9100.85 %to2.75%1.11 %to1.22%36.84 %to39.46%
2016920,120$14.114481 to$22.760523$14,913,6560.85 %to2.75%1.11 %to1.14%14.60 %to16.80%
Templeton Foreign VIP Fund
20203,601,070$14.512639 to$16.500981$48,335,9050.30 %to2.75%— %to3.76%(3.84)%to(1.63)%
20193,593,494$15.092142 to$16.775065$49,557,3270.30 %to2.75%— %to1.69%9.48 %to12.16%
20183,879,338$13.785709 to$14.956769$48,366,8110.30 %to2.75%— %to2.67%(17.74)%to(15.79)%
20174,214,224$16.758176 to$17.761339$63,148,6060.30 %to2.75%— %to2.59%13.53 %to16.27%
20164,970,803$14.761174 to$15.275854$64,936,8580.30 %to2.75%— %to1.91%4.27 %to6.77%
Templeton Growth VIP Fund
20203,733,562$19.281926 to$22.474536$67,260,2460.50 %to2.80%2.90 %to3.00%2.88 %to5.13%
20194,405,908$18.846815 to$21.378475$76,144,1100.50 %to2.75%2.77 %to2.89%12.03 %to14.39%
20185,113,607$16.822841 to$18.688430$78,065,3710.50 %to2.75%1.83 %to1.84%(17.16)%to(15.31)%
20176,013,942$20.307880 to$22.065681$109,641,3280.50 %to2.75%1.44 %to1.64%15.29 %to17.79%
20167,095,202$17.614976 to$18.733633$110,930,1970.50 %to2.75%1.92 %to2.00%6.65 %to8.92%
Franklin Mutual Global Discovery VIP Fund
20201,289,446$18.392654 to$22.340643$35,992,4260.30 %to2.80%1.38 %to2.36%(7.10)%to(4.83)%
20191,449,033$19.798818 to$22.985609$43,570,7060.50 %to2.80%1.34 %to3.00%20.93 %to23.66%
20181,718,937$16.371480 to$18.944755$42,430,5600.30 %to2.80%— %to1.73%(13.67)%to(11.57)%
20172,026,252$18.963990 to$21.062852$57,709,1850.50 %to2.80%1.68 %to1.79%5.60 %to7.96%
20162,299,590$17.958351 to$19.509669$61,818,3460.50 %to2.80%1.51 %to1.71%9.08 %to11.46%
Franklin Flex Cap Growth VIP Fund
2020402,782$42.391561 to$51.073075$14,732,2200.50 %to2.80%— %to—%40.89 %to43.99%
2019451,210$30.088821 to$35.470329$11,596,2940.50 %to2.80%— %to—%27.54 %to30.37%
2018535,563$23.591030 to$27.207007$10,704,6200.50 %to2.80%— %to—%0.29 %to2.58%
2017558,501$23.630633 to$26.522361$10,970,2740.50 %to2.75%— %to—%23.50 %to26.15%
2016638,501$19.134239 to$21.023945$10,079,9640.50 %to2.75%— %to—%(5.52)%to(3.47)%
Templeton Global Bond VIP Fund
2020617,844$12.065266 to$13.770500$7,941,7740.50 %to2.70%6.02 %to7.31%(7.87)%to(5.82)%
2019614,657$13.096391 to$14.621949$8,477,9450.50 %to2.70%6.81 %to7.87%(0.86)%to1.35%
2018718,825$13.209580 to$14.427373$9,893,0860.50 %to2.70%— %to—%(0.82)%to1.39%
2017853,837$13.318597 to$14.229796$11,731,5500.50 %to2.70%— %to—%(0.95)%to1.25%
2016972,798$13.446298 to$14.053626$13,338,0930.50 %to2.70%— %to—%0.13 %to2.36%
Hartford Balanced HLS Fund
20202,659,248$21.989439 to$25.545702$10,867,1241.25 %to2.75%1.41 %to1.71%8.33 %to10.23%
20192,860,296$19.948771 to$23.581242$10,869,1141.25 %to2.75%1.62 %to1.93%19.15 %to21.27%
20183,230,890$17.178279 to$19.790765$10,103,4720.85 %to2.75%— %to1.63%(8.06)%to(6.04)%
20173,851,653$18.283142 to$21.526102$13,086,7630.85 %to2.75%0.80 %to2.05%12.17 %to14.61%
20164,387,479$15.952107 to$19.190531$12,814,9540.85 %to2.75%2.22 %to2.53%2.92 %to5.14%
Hartford Total Return Bond HLS Fund+
202012,147,376$13.804464 to$14.812980$84,253,6490.30 %to2.80%— %to3.46%5.71 %to8.38%
201912,743,250$13.059352 to$15.793290$81,197,0750.50 %to2.80%3.58 %to3.85%7.27 %to10.10%
201814,815,301$12.173989 to$14.344597$90,020,6830.50 %to2.80%3.70 %to3.94%(3.65)%to(1.30)%
201716,817,785$12.634875 to$14.533811$105,310,7720.50 %to2.80%2.72 %to2.84%1.91 %to4.63%
201618,329,294$12.398507 to$13.890160$111,466,6080.50 %to2.80%2.24 %to2.59%1.34 %to3.97%
Hartford Capital Appreciation HLS Fund
20206,295,844$37.257360 to$42.084285$89,159,7520.50 %to2.80%0.70 %to0.83%18.27 %to21.31%
20197,495,945$31.503143 to$34.692391$90,325,9100.50 %to2.80%0.93 %to1.15%27.34 %to30.63%
20188,717,111$24.738975 to$26.558553$82,396,8650.50 %to2.80%0.65 %to0.89%(9.74)%to(7.42)%
201710,221,718$27.410023 to$28.687355$106,852,6780.50 %to2.80%0.84 %to1.07%18.45 %to21.53%
201612,087,633$23.139746 to$23.605269$109,530,0120.50 %to2.80%0.86 %to1.13%2.34 %to5.00%
Hartford Dividend and Growth HLS Fund+
20204,717,268$30.593568 to$39.247339$62,744,0680.50 %to2.80%1.65 %to1.70%4.48 %to7.23%
20195,256,631$29.281629 to$36.600599$66,122,2300.50 %to2.80%1.64 %to1.87%24.76 %to27.96%
20186,212,201$23.470328 to$28.602526$61,000,6850.50 %to2.80%1.61 %to1.86%(8.17)%to(5.79)%



20177,208,288$25.558708 to$30.360968$78,574,7760.50 %to2.80%1.35 %to1.61%14.85 %to17.77%
20168,617,177$22.253982 to$25.780508$84,569,7500.50 %to2.80%1.71 %to2.06%11.42 %to14.31%
Hartford Healthcare HLS Fund
202010,382$8.922857 to$8.922857$92,6371.40 %to1.40%0.31 %to0.31%21.08 %to21.08%
201910,494$7.369428 to$7.369428$77,3381.40 %to1.40%— %to—%31.82 %to31.82%
201810,592$5.590363 to$5.590363$59,2111.40 %to1.40%— %to—%(4.31)%to(4.31)%
201713,766$5.500146 to$5.842235$80,4231.40 %to1.75%— %to—%19.85 %to20.27%
201620,225$4.589350 to$4.857765$97,5361.40 %to1.75%3.33 %to3.36%(10.22)%to(9.91)%
Hartford Global Growth HLS Fund+
2020$21.539725 to$49.788353$—0.50 %to2.75%0.21 %to0.66%25.41 %to28.28%
2019139,798$17.175376 to$38.812232$1,081,1790.50 %to2.75%0.12 %to0.40%28.70 %to31.95%
2018156,538$13.345210 to$29.413557$1,037,0440.50 %to2.75%0.27 %to0.68%(6.67)%to(4.29)%
2017177,889$14.299699 to$30.730518$998,9250.50 %to2.75%0.27 %to0.51%28.78 %to32.06%
2016237,517$11.104106 to$23.269366$903,8750.50 %to2.75%0.13 %to0.68%(1.05)%to1.44%
Hartford Disciplined Equity HLS Fund+
20201,263,778$43.082464 to$51.794321$32,277,0710.50 %to2.75%0.30 %to1.05%14.84 %to17.45%
2019383,311$25.186511 to$44.098165$9,591,0640.50 %to2.45%0.69 %to0.84%30.88 %to33.45%
2018455,844$28.896195 to$33.044016$8,834,4210.50 %to2.70%— %to0.19%(4.60)%to(2.48)%
2017600,755$30.291087 to$33.884927$11,973,0680.50 %to2.70%0.97 %to1.54%18.67 %to21.31%
2016684,441$25.525292 to$27.932790$11,480,1350.50 %to2.70%0.17 %to0.97%2.94 %to5.23%
Hartford Growth Opportunities HLS Fund+
2020$59.719372 to$71.357319$—0.50 %to2.75%— %to—%47.43 %to50.43%
2019770,895$40.506435 to$47.435562$20,172,0030.50 %to2.75%— %to—%27.14 %to30.03%
2018899,697$31.859571 to$36.479614$18,432,2900.50 %to2.75%— %to—%(2.20)%to0.03%
20171,150,790$32.576607 to$36.470168$23,977,4010.50 %to2.75%— %to—%26.91 %to29.80%
20161,435,786$25.668615 to$28.097800$23,340,9740.50 %to2.75%0.43 %to0.43%(3.19)%to(0.99)%
Hartford High Yield HLS Fund+
2020$16.167203 to$22.999319$—0.30 %to2.70%9.28 %to9.56%(0.11)%to1.89%
2019266,295$23.024611 to$23.276874$4,723,0480.50 %to2.70%5.69 %to5.85%12.00 %to14.49%
2018325,547$20.331660 to$20.558517$5,101,3950.50 %to2.70%5.69 %to6.14%(6.02)%to(3.93)%
2017392,657$21.162614 to$21.874855$6,566,8260.50 %to2.70%3.56 %to6.53%4.74 %to7.07%
2016455,559$19.765540 to$20.885096$7,253,7530.50 %to2.70%6.03 %to6.05%11.21 %to13.68%
Hartford International Opportunities HLS Fund
2020806,161$22.004357 to$25.826368$6,151,6300.50 %to2.75%1.64 %to1.95%16.83 %to19.85%
2019897,011$18.834632 to$21.549247$5,894,4810.50 %to2.75%1.56 %to1.93%22.72 %to25.80%
2018993,845$15.347309 to$17.130353$5,387,4980.50 %to2.75%1.64 %to1.90%(21.16)%to(19.15)%
20171,099,728$19.466539 to$21.188012$7,377,3640.50 %to2.75%1.16 %to1.49%21.61 %to24.63%
20161,204,232$12.016012 to$16.007910$6,723,0230.30 %to2.75%— %to0.95%(1.80)%to0.64%
Hartford MidCap Growth HLS Fund+
2020$32.353976 to$44.744260$—0.85 %to2.75%— %to—%22.57 %to25.02%
201946,262$25.879631 to$36.504278$1,197,0590.85 %to2.75%0.15 %to0.46%35.78 %to38.60%
201852,926$18.671699 to$26.885584$987,1120.85 %to2.75%0.41 %to0.68%(12.69)%to(10.81)%
201760,900$20.935673 to$30.792776$1,262,8110.85 %to2.75%0.61 %to1.03%10.85 %to13.46%
201689,432$18.452482 to$27.778644$1,675,4530.85 %to2.75%— %to1.43%13.18 %to15.50%
Hartford MidCap HLS Fund+
2020200,893$11.912631 to$12.010227$2,530,4480.85 %to2.75%— %to0.05%19.13 %to20.10%
201961,227$11.537710 to$11.537710$706,4161.40 %to1.40%— %to—%30.65 %to30.65%



201865,626$8.830832 to$8.830832$579,5381.40 %to1.40%— %to—%(8.93)%to(8.93)%
201783,625$9.696947 to$9.696947$810,9091.40 %to1.40%— %to—%22.44 %to22.44%
201689,461$7.919670 to$7.919670$708,4981.40 %to1.40%0.03 %to0.03%10.14 %to10.14%
Hartford MidCap Value HLS Fund+
2020$3.365214 to$20.399453$—1.40 %to2.75%0.46 %to0.51%(7.16)%to(6.03)%
201927,010$3.581266 to$21.973542$384,3571.40 %to2.75%0.79 %to0.82%27.33 %to29.06%
201825,071$2.774943 to$17.257533$268,4891.40 %to2.75%0.50 %to0.51%(17.09)%to(15.96)%
201726,009$3.301867 to$20.813961$346,8871.40 %to2.75%0.31 %to0.31%10.11 %to11.61%
201633,243$2.958388 to$18.902209$416,8751.40 %to2.75%— %to0.31%9.50 %to10.99%
Hartford Ultrashort Bond HLS Fund+
202033,991,017$7.587488 to$10.326324$41,061,7520.30 %to2.80%2.01 %to2.51%(1.53)%to0.97%
201935,958,151$7.705137 to$10.227567$40,209,0370.30 %to2.80%1.63 %to1.67%(0.29)%to2.24%
201840,415,942$7.727460 to$10.003964$44,150,3140.30 %to2.80%0.87 %to0.92%(1.52)%to0.97%
201745,072,107$7.847083 to$9.907999$49,071,4100.30 %to2.80%0.51 %to0.55%(1.98)%to0.50%
201652,018,282$8.005703 to$9.858641$57,724,5550.30 %to2.80%0.15 %to0.16%(2.13)%to0.34%
Hartford Small Company HLS Fund
2020404,700$40.427736 to$48.530009$3,535,7840.85 %to2.80%— %to—%50.76 %to54.20%
2019460,241$32.191209 to$38.820600$2,668,1980.50 %to2.80%— %to—%33.00 %to36.31%
2018525,415$24.204101 to$28.478787$2,223,2420.50 %to2.80%— %to—%(7.15)%to(4.71)%
2017612,130$26.067689 to$29.886392$2,768,6060.50 %to2.80%— %to—%22.57 %to25.73%
2016696,045$21.267803 to$23.769976$2,725,9760.50 %to2.80%— %to—%(1.01)%to1.54%
Hartford SmallCap Growth HLS Fund
202061,081$43.064752 to$55.691814$1,739,5201.25 %to2.70%— %to—%29.65 %to31.54%
201961,844$32.738182 to$42.955144$1,348,5581.25 %to2.70%— %to—%32.20 %to34.13%
201871,806$24.408201 to$32.493141$1,249,3011.25 %to2.70%— %to—%(14.05)%to(12.80)%
201775,199$24.873776 to$27.990034$1,537,8641.25 %to2.45%0.04 %to0.04%17.17 %to18.58%
201669,179$21.228904 to$23.603716$1,160,8611.25 %to2.45%0.15 %to0.15%9.65 %to10.98%
Hartford Stock HLS Fund
20201,994,989$29.827801 to$37.862682$6,221,7220.85 %to2.75%1.43 %to1.73%8.76 %to11.13%
20192,223,894$26.840834 to$34.813408$6,414,5080.85 %to2.75%1.39 %to1.70%27.34 %to30.11%
20182,505,854$20.629307 to$27.339013$5,735,9370.85 %to2.75%1.29 %to1.60%(3.09)%to(0.99)%
20172,969,751$20.835266 to$28.209319$6,984,0490.85 %to2.75%1.52 %to1.86%16.30 %to18.83%
20163,387,031$17.533233 to$24.255468$6,634,4450.85 %to2.75%1.82 %to1.90%4.23 %to6.51%
Hartford U.S. Government Securities HLS Fund+
2020$9.843552 to$11.758903$—0.65 %to2.45%2.30 %to3.30%3.43 %to4.89%
2019412,889$9.517556 to$12.330367$3,063,3610.50 %to2.45%2.09 %to2.55%2.67 %to4.69%
2018431,920$9.510813 to$11.777786$3,146,5340.50 %to2.70%— %to2.80%(1.84)%to0.34%
2017563,800$9.688990 to$11.737333$4,537,8110.50 %to2.70%2.16 %to2.86%(1.38)%to0.81%
2016591,593$9.824638 to$11.642669$4,708,2410.50 %to2.70%1.56 %to1.91%(1.16)%to1.03%
Hartford Value HLS Fund+
2020$17.934692 to$21.376523$—0.65 %to2.45%1.46 %to1.73%(4.72)%to(3.38)%
201985,266$18.823819 to$32.406476$1,030,4650.50 %to2.45%— %to2.04%24.62 %to27.07%
201893,355$15.104919 to$25.502106$944,5730.50 %to2.45%1.66 %to1.66%(12.36)%to(10.63)%
2017104,753$17.234496 to$28.535135$1,264,1140.50 %to2.45%1.75 %to1.80%12.65 %to14.86%
2016122,918$15.299496 to$24.842421$1,382,0860.50 %to2.45%1.77 %to1.81%10.94 %to13.13%
Rational Trend Aggregation VA Fund



2020442,170$17.610333 to$22.147061$2,307,8590.50 %to2.50%0.61 %to0.64%(1.30)%to0.69%
2019483,719$19.532184 to$21.994595$2,474,1120.50 %to2.75%— %to2.19%4.39 %to6.76%
2018553,100$18.711256 to$20.601555$2,605,2860.50 %to2.75%3.71 %to4.00%(7.16)%to(5.05)%
2017654,916$20.154101 to$21.696327$3,403,3690.50 %to2.75%3.36 %to3.38%(4.26)%to(2.08)%
2016716,440$21.050591 to$22.157222$3,991,8870.50 %to2.75%4.42 %to4.73%4.07 %to6.43%
Rational Insider Buying VA Fund
2020815,976$2.601929 to$37.224402$2,848,1460.50 %to2.50%— %to—%11.32 %to13.57%
2019897,797$2.337368 to$32.777444$2,819,1260.50 %to2.50%— %to—%20.94 %to23.38%
2018984,608$1.932603 to$26.565284$2,541,0850.50 %to2.50%0.62 %to0.69%(9.47)%to(7.64)%
20171,186,020$2.134848 to$28.763884$3,494,5380.50 %to2.50%0.54 %to0.56%14.62 %to16.93%
20161,453,799$1.862571 to$24.598765$3,742,3890.50 %to2.50%0.61 %to0.64%8.26 %to10.45%
Lord Abbett Series Fund - Fundamental Equity Portfolio
202023,385$21.435305 to$26.897280$606,5550.50 %to1.45%0.89 %to0.98%0.31 %to1.27%
201931,229$21.369380 to$26.561027$782,7050.50 %to1.45%0.99 %to1.12%19.77 %to20.91%
201855,923$17.842358 to$21.967697$1,163,4020.50 %to1.45%1.40 %to1.51%(9.48)%to(8.61)%
201760,492$19.639304 to$24.038372$1,385,5750.50 %to1.50%— %to1.04%10.90 %to12.01%
201669,743$17.709076 to$21.460226$1,432,0570.50 %to1.50%1.14 %to1.20%14.02 %to15.17%
Lord Abbett Series Fund - Dividend Growth Portfolio+
202086,706$28.833806 to$33.192977$2,431,5971.25 %to2.40%0.86 %to0.94%12.68 %to13.98%
2019115,080$25.296771 to$29.457917$2,839,2701.25 %to2.40%1.54 %to1.73%23.45 %to24.88%
2018138,237$21.153997 to$23.150651$2,725,6540.85 %to2.70%— %to—%(7.21)%to(5.48)%
2017145,762$22.380222 to$24.950037$3,061,8940.85 %to2.70%0.39 %to0.43%15.95 %to18.12%
2016183,230$18.947640 to$21.517417$3,283,4530.85 %to2.70%1.15 %to2.46%12.04 %to14.13%
Lord Abbett Series Fund - Bond Debenture Portfolio
2020382,840$21.387305 to$21.574761$7,536,7220.50 %to2.70%3.78 %to4.48%4.45 %to6.77%
2019402,768$20.206957 to$20.476753$7,503,1260.50 %to2.70%3.66 %to3.80%10.34 %to12.79%
2018458,967$17.915732 to$18.558562$7,658,7810.50 %to2.70%3.95 %to4.27%(6.58)%to(4.50)%
2017549,121$18.759450 to$19.864893$9,682,2910.50 %to2.70%3.04 %to4.10%6.30 %to8.67%
2016567,672$17.263252 to$18.687005$9,315,7540.50 %to2.70%4.46 %to6.07%9.15 %to11.57%
Lord Abbett Series Fund - Growth and Income Portfolio
202064,914$19.077676 to$24.849461$1,198,6091.25 %to2.40%1.59 %to1.76%0.26 %to1.42%
201968,454$18.810265 to$24.784516$1,256,2551.25 %to2.40%1.41 %to1.69%19.59 %to20.97%
201880,263$20.724317 to$21.464992$1,223,5860.50 %to2.40%— %to1.39%(10.32)%to(8.60)%
201793,217$23.110049 to$23.485274$1,576,0870.50 %to2.40%1.37 %to1.38%10.69 %to12.82%
2016116,670$20.817381 to$20.877488$1,754,6960.50 %to2.40%1.41 %to1.47%14.34 %to16.53%
MFS® Growth Series
2020846,787$54.121821 to$61.875988$27,262,5760.50 %to2.80%— %to—%28.22 %to30.88%
20191,039,287$42.210773 to$47.276922$25,902,3640.50 %to2.80%— %to—%34.34 %to37.09%
20181,349,898$31.421847 to$34.485795$25,065,3030.50 %to2.80%— %to0.09%(0.17)%to1.90%
20171,533,512$31.474515 to$34.422833$28,375,0460.30 %to2.80%— %to0.10%27.78 %to30.69%
20161,900,666$24.631996 to$26.339016$26,796,9130.30 %to2.80%— %to0.04%(0.39)%to1.87%
MFS® Global Equity Series
2020127,282$31.180053 to$43.333033$4,228,8190.85 %to2.70%0.94 %to1.18%10.27 %to12.33%
2019143,688$28.276158 to$38.576897$4,257,1840.85 %to2.70%1.07 %to1.09%27.09 %to29.46%
2018167,511$22.248543 to$29.797244$3,884,5710.85 %to2.70%0.78 %to0.93%(12.15)%to(10.51)%
2017199,279$25.325223 to$33.295481$5,247,4440.85 %to2.70%0.81 %to0.82%20.77 %to23.02%
2016218,763$20.970437 to$27.065192$4,771,5820.85 %to2.70%0.94 %to0.96%4.49 %to6.44%



MFS® Investors Trust Series
20201,591,266$27.285498 to$33.438558$41,084,9111.25 %to2.80%0.43 %to0.63%10.72 %to12.19%
20191,799,987$24.321045 to$30.199846$41,612,6661.25 %to2.80%0.49 %to0.68%27.95 %to29.62%
20182,130,444$18.968143 to$23.603351$38,137,2141.15 %to2.80%0.44 %to0.64%(8.10)%to(6.79)%
20172,583,712$20.349036 to$25.683454$49,741,6301.15 %to2.80%0.54 %to0.72%19.94 %to21.62%
20163,098,037$16.584360 to$21.413220$49,243,6071.25 %to2.80%0.53 %to0.86%5.59 %to6.97%
MFS® Mid Cap Growth Series
20201,035,201$23.533536 to$59.054337$20,839,8630.85 %to2.75%— %to—%32.78 %to35.33%
20191,282,549$17.390355 to$44.475488$19,290,2250.85 %to2.75%— %to—%34.90 %to37.49%
20181,259,139$12.648609 to$32.968847$14,042,0570.85 %to2.75%— %to—%(1.51)%to0.38%
20171,343,451$12.601001 to$33.475229$15,121,7690.85 %to2.75%0.12 %to0.12%23.55 %to25.92%
20161,572,628$10.007009 to$27.093650$14,169,7370.85 %to2.75%— %to—%2.06 %to4.02%
MFS® New Discovery Series
2020702,069$35.553185 to$68.934908$34,410,6030.65 %to2.80%— %to—%41.86 %to44.64%
2019869,411$24.580273 to$48.592365$29,729,4690.65 %to2.80%— %to—%37.79 %to40.36%
20181,032,226$17.512382 to$35.265658$25,121,1570.65 %to2.80%— %to—%(4.20)%to(2.35)%
20171,236,454$17.934518 to$36.811059$31,095,6080.65 %to2.80%— %to—%23.16 %to25.51%
20161,483,583$14.288949 to$29.888778$30,037,3430.65 %to2.80%— %to—%6.04 %to8.09%
MFS® Total Return Series
20204,622,166$21.389078 to$25.440330$116,231,9830.50 %to2.75%0.50 %to2.31%6.83 %to8.97%
20195,233,066$20.020743 to$23.346161$121,775,2780.50 %to2.75%1.96 %to2.36%17.12 %to19.52%
20185,995,011$17.094302 to$19.533646$118,370,7060.50 %to2.75%2.00 %to2.19%(8.17)%to(6.34)%
20176,864,595$18.615767 to$20.856045$146,002,0860.50 %to2.75%2.18 %to2.38%9.25 %to11.47%
20168,086,822$17.039000 to$18.710636$155,634,7550.50 %to2.75%2.68 %to2.79%6.14 %to8.27%
MFS® Value Series
20201,459,021$28.427263 to$34.628548$46,304,8680.30 %to2.80%— %to1.62%0.62 %to2.91%
20191,549,300$28.253107 to$32.949434$48,293,1230.50 %to2.80%1.75 %to2.13%26.22 %to28.86%
20181,889,807$22.384386 to$25.569995$46,149,2470.50 %to2.80%1.30 %to1.58%(12.57)%to(10.80)%
20172,233,173$25.602921 to$29.158588$61,806,7600.30 %to2.80%— %to1.92%14.40 %to17.00%
20162,651,324$22.379369 to$24.922682$63,152,9980.30 %to2.80%— %to2.08%10.94 %to13.43%
MFS® Total Return Bond Series
20203,727,026$14.131653 to$16.425026$58,868,2270.50 %to2.80%3.21 %to3.45%5.47 %to7.63%
20194,023,444$13.398268 to$15.260070$59,715,0660.50 %to2.80%2.35 %to3.48%7.16 %to9.37%
20184,542,725$12.502604 to$13.952486$62,099,2880.50 %to2.80%2.94 %to3.30%(3.82)%to(1.82)%
20175,299,312$12.998837 to$14.211206$74,483,0250.50 %to2.80%2.95 %to3.37%1.57 %to3.66%
20165,749,097$12.797583 to$13.708924$78,599,5280.50 %to2.80%3.22 %to3.40%1.36 %to3.49%
MFS® Research Series
2020117,930$37.951847 to$38.721351$3,925,9250.85 %to2.75%0.72 %to0.73%13.43 %to15.61%
2019135,064$33.458059 to$33.494040$3,924,6330.85 %to2.75%0.78 %to0.79%29.34 %to31.82%
2018140,943$25.408533 to$25.867939$3,137,8200.85 %to2.75%0.69 %to0.70%(6.96)%to(5.18)%
2017173,623$26.796181 to$27.804362$4,116,0690.85 %to2.75%1.35 %to1.36%20.02 %to22.32%
2016185,876$21.905803 to$23.165645$3,649,1010.85 %to2.75%0.76 %to0.79%5.79 %to7.82%
MFS® High Yield Portfolio
20201,659,418$11.979282 to$13.868809$21,424,1000.85 %to2.80%5.62 %to5.64%2.19 %to4.20%
20191,903,973$11.723106 to$13.310228$23,817,9760.85 %to2.80%5.72 %to5.73%11.64 %to13.84%
20182,169,225$10.500893 to$11.692453$24,065,2910.85 %to2.80%5.64 %to5.64%(5.76)%to(3.90)%
20172,511,844$11.142162 to$12.166841$29,269,4880.85 %to2.80%6.10 %to6.46%3.74 %to5.78%



20162,755,806$10.740269 to$11.501580$30,652,9210.85 %to2.80%6.73 %to6.75%10.68 %to12.86%
BlackRock Managed Volatility V.I. Fund
20202,137,156$10.148217 to$10.503914$22,178,2040.30 %to1.50%3.68 %to3.80%1.71 %to2.94%
20192,379,149$9.977691 to$10.204233$24,088,4240.30 %to1.50%3.16 %to3.28%0.33 %to1.54%
2018♦2,667,511$9.944640 to$10.049156$26,709,6370.30 %to1.50%1.51 %to1.54%(0.55)%to0.49%
BlackRock Global Allocation V.I. Fund
20202,918$17.684316 to$17.892685$51,5520.50 %to0.75%1.33 %to1.33%19.81 %to20.11%
20192,963$14.760724 to$14.897373$43,6480.50 %to0.75%0.43 %to0.62%16.88 %to17.17%
201816,962$12.629451 to$12.714556$213,8030.50 to0.750.87 %to0.87%(8.27)%to(8.04)%
201717,028$13.767961 to$13.826114$233,8340.50 to0.751.27 %to1.29%12.86 %to13.14%
201616,468$11.552461 to$12.220278$200,2850.50 to1.45— %to1.27%2.31 %to3.29%
BlackRock S&P 500 Index V.I. Fund
2020243,107$13.778283 to$14.240813$3,421,6270.30 %to1.45%1.48 %to1.50%16.23 %to17.57%
2019311,223$11.854609 to$12.112500$3,742,1730.30 %to1.45%1.86 %to1.88%29.09 %to30.58%
2018♦408,928$9.183495 to$9.276028$3,780,1850.30 %to1.45%0.36 %to0.88%(8.17)%to(7.24)%
BlackRock Large Cap Focus Growth V.I. Fund
202012,257$36.770571 to$42.109765$519,6371.75 %to2.15%— %to—%40.69 %to41.25%
201912,257$26.032122 to$41.386696$369,1021.75 %to2.45%— %to—%29.49 %to30.40%
201813,420$19.963519 to$31.961560$321,1781.75 %to2.45%— %to—%0.52 %to1.23%
201715,345$19.721825 to$31.796548$363,8311.75 %to2.45%0.02 %to0.04%26.42 %to27.31%
201623,745$15.491046 to$25.150778$443,8601.75 %to2.45%0.76 %to1.07%5.27 %to6.01%
BlackRock Equity Dividend V.I. Fund
202020,687$22.268401 to$24.467754$497,3880.50 %to1.45%2.02 %to2.03%2.08 %to3.05%
201921,419$21.814802 to$23.742678$500,7020.50 %to1.45%1.81 %to1.81%25.63 %to26.82%
201832,880$17.364852 to$18.720835$608,2150.50 %to1.45%1.68 %to1.73%(8.75)%to(7.88)%
201734,579$19.029838 to$20.321731$695,3240.50 %to1.45%1.45 %to1.55%14.81 %to15.91%
201640,661$16.574538 to$17.532485$705,6200.50 %to1.45%1.46 %to1.54%14.39 %to15.48%
Morgan Stanley VIF Core Plus Fixed Income Portfolio
2020385$12.606666 to$12.606666$4,8561.70 %to1.70%2.62 %to2.62%5.74 %to5.74%
2019418$11.922847 to$11.922847$4,9901.70 %to1.70%0.88 %to0.88%8.75 %to8.75%
20183,928$10.963905 to$10.963905$43,0691.70 %to1.70%2.31 %to2.31%(2.58)%to(2.58)%
20173,989$11.254344 to$11.254344$44,8941.70 %to1.70%2.91 %to2.91%4.11 %to4.11%
20164,051$10.810072 to$10.810072$43,7941.70 %to1.70%1.67 %to1.67%4.08 %to4.08%
Morgan Stanley VIF Growth Portfolio
20206,129$54.631252 to$60.685679$346,8291.35 %to2.75%— %to—%110.89 %to113.86%
20197,437$25.904504 to$28.376220$199,2041.35 %to2.75%— %to—%27.91 %to29.71%
20188,112$20.252770 to$21.877160$169,0191.35 %to2.75%— %to—%4.39 %to5.86%
201713,935$19.401823 to$20.666424$280,8261.35 %to2.75%— %to—%38.95 %to40.91%
201617,208$13.963132 to$14.666750$247,5621.35 %to2.75%— %to—%(4.58)%to(3.24)%
Morgan Stanley VIF Discovery Portfolio
202033,408$72.026905 to$101.061146$2,229,3920.85 %to2.70%— %to—%145.35 %to149.91%
201954,855$28.820599 to$41.191212$1,470,3770.85 %to2.70%— %to—%36.24 %to38.78%
201870,508$20.766699 to$30.233586$1,368,1700.85 %to2.70%— %to—%7.58 %to9.59%
201783,954$18.949179 to$28.102860$1,503,5520.85 %to2.70%— %to—%34.91 %to37.43%
201699,265$13.788729 to$20.830859$1,299,4580.85 %to2.70%— %to—%(11.27)%to(9.61)%
Invesco V.I. American Value Fund
202062,527$17.226208 to$21.150556$1,238,2220.85 %to2.45%0.65 %to0.68%(1.58)%to—%



201955,563$17.503412 to$21.149754$1,107,4220.85 %to2.45%0.42 %to0.42%21.70 %to23.66%
201852,230$14.382978 to$17.103787$851,1610.85 %to2.45%0.19 %to0.20%(14.98)%to(13.60)%
201757,869$16.916529 to$19.797010$1,098,1120.85 %to2.45%0.55 %to0.60%7.03 %to8.75%
201653,924$15.805692 to$18.203574$950,1080.85 %to2.45%0.12 %to0.12%12.43 %to14.24%
BlackRock Capital Appreciation V.I. Fund
20209,699$34.451234 to$37.853614$360,5160.50 %to1.45%— %to—%39.48 %to40.81%
201913,349$24.699361 to$26.882304$353,0680.50 %to1.45%— %to—%29.66 %to30.89%
201822,896$19.050058 to$20.537687$473,6610.50 %to1.45%— %to—%0.66 %to1.62%
201726,551$18.925560 to$20.210434$539,6190.50 %to1.45%— %to—%31.03 %to32.28%
201636,553$14.443338 to$15.278228$559,6790.50 %to1.45%— %to—%(1.57)%to(0.63)%
Columbia Variable Portfolio - Asset Allocation Fund+
2020$1.873248 to$20.500709$—1.70 %to2.80%2.70 %to2.73%(7.36)%to(6.99)%
2019839,913$2.014132 to$22.130246$1,844,0581.70 %to2.80%2.00 %to2.01%17.79 %to19.09%
2018835,850$1.691211 to$18.787480$1,566,4121.70 %to2.80%1.45 %to1.47%(7.16)%to(6.13)%
2017896,939$1.801739 to$20.236855$1,931,1341.70 %to2.80%1.59 %to1.64%12.43 %to13.67%
20161,027,526$1.585011 to$17.999392$1,929,5991.70 %to2.80%2.22 %to2.23%2.45 %to3.58%
Columbia Variable Portfolio - Dividend Opportunity Fund
2020368,841$15.867280 to$17.647469$6,246,8551.70 %to2.80%— %to—%(1.64)%to(0.56)%
2019375,913$16.132372 to$17.746052$6,431,8001.70 %to2.80%— %to—%20.65 %to21.98%
2018418,079$13.371688 to$14.548520$5,878,0211.70 %to2.80%— %to—%(8.34)%to(7.32)%
2017474,696$14.587562 to$15.697718$7,236,0211.70 %to2.80%— %to—%11.22 %to12.45%
2016552,896$13.115961 to$13.959804$7,528,2921.70 %to2.80%— %to—%10.53 %to11.75%
Columbia Variable Portfolio - Income Opportunities Fund
2020383,937$11.985355 to$13.056240$4,858,3721.70 %to2.80%4.74 %to4.82%2.97 %to4.11%
2019409,472$11.639297 to$12.540566$5,000,8201.70 %to2.80%5.04 %to5.04%13.25 %to14.51%
2018434,783$10.277245 to$10.951963$4,653,1021.70 %to2.80%5.00 %to5.09%(6.41)%to(5.38)%
2017486,473$10.981367 to$11.574276$5,519,7731.70 %to2.80%6.23 %to6.27%3.62 %to4.76%
2016551,922$10.598072 to$11.048118$6,004,4601.70 %to2.80%10.70 %to10.87%7.87 %to9.06%
Columbia Variable Portfolio - Mid Cap Growth Fund
2020302,809$24.560410 to$26.651034$7,794,1031.70 %to2.75%— %to—%31.75 %to33.14%
2019342,605$18.641561 to$20.017211$6,651,2431.70 %to2.75%— %to—%31.51 %to32.90%
2018398,172$14.174651 to$15.061723$5,835,0211.70 %to2.75%— %to—%(7.35)%to(6.38)%
2017456,179$15.299871 to$16.087414$7,176,5351.70 %to2.75%— %to—%19.65 %to20.91%
2016519,137$12.787005 to$13.304866$6,786,7791.70 %to2.75%— %to—%(0.48)%to0.57%
Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund+
2020♦214,460$14.232850 to$14.371001$3,072,3281.25 %to2.75%— %to—%42.33 %to43.71%
Invesco Oppenheimer V.I. Capital Appreciation Fund
202010,818$26.045916 to$30.380295$316,3151.25 %to2.45%— %to—%32.94 %to34.55%
201914,926$19.591677 to$22.579571$323,7031.25 %to2.45%— %to—%32.56 %to34.16%
201821,233$14.779214 to$16.830265$344,5481.25 %to2.45%— %to—%(8.23)%to(7.12)%
201727,283$16.105084 to$18.121213$478,2671.25 %to2.45%0.01 %to0.01%23.44 %to24.93%
201638,555$13.046402 to$14.504715$543,6141.25 %to2.45%0.11 %to0.12%(4.79)%to(3.64)%
Invesco Oppenheimer V.I. Global Fund
2020162,861$26.647038 to$36.414905$4,249,4751.25 %to2.70%— %to0.43%23.95 %to25.76%
2019199,080$21.189468 to$29.379437$4,172,5941.25 %to2.70%0.61 %to0.64%27.96 %to29.82%
2018229,247$16.321785 to$22.960360$3,710,0541.25 %to2.70%0.76 %to0.77%(15.70)%to(14.47)%



2017285,296$19.848103 to$27.236947$5,392,0220.85 %to2.70%0.65 %to0.76%32.69 %to35.17%
2016317,145$14.684228 to$20.526498$4,470,2800.85 %to2.70%0.77 %to0.77%(2.82)%to(1.00)%
Invesco Oppenheimer V.I. Main Street Fund®++
202015,556$22.967480 to$28.199727$409,1900.85 %to2.45%— %to1.20%10.94 %to12.73%
201920,401$20.702074 to$25.014872$477,6800.85 %to2.45%0.81 %to0.81%28.55 %to30.62%
201834,494$16.103869 to$19.150336$621,7750.85 %to2.45%0.90 %to0.92%(10.32)%to(8.88)%
201744,637$17.957499 to$21.015465$884,7870.85 %to2.45%— %to1.01%13.81 %to15.65%
201663,862$17.541290 to$24.640162$1,126,2331.25 %to2.40%0.75 %to0.92%8.66 %to9.92%
Invesco Oppenheimer V.I. Main Street Small Cap Fund®++
2020117,264$31.647238 to$40.307414$3,450,7660.85 %to2.70%0.37 %to0.41%16.45 %to18.62%
2019136,646$26.678781 to$34.613533$3,415,3060.85 %to2.70%— %to—%22.78 %to25.07%
2018149,749$21.331624 to$28.192134$3,020,0330.85 %to2.70%0.06 %to0.06%(12.92)%to(11.30)%
2017178,400$24.047995 to$32.376125$4,081,2970.85 %to2.70%0.62 %to0.65%10.88 %to12.95%
2016222,152$21.291496 to$29.199890$4,535,6930.85 %to2.70%0.25 %to0.25%14.54 %to16.68%
Putnam VT Diversified Income Fund
2020592,008$15.872256 to$18.576488$8,688,6450.85 %to2.70%6.60 %to7.55%(3.54)%to(1.74)%
2019615,467$16.153825 to$19.259015$9,252,2440.85 %to2.70%3.18 %to4.91%8.27 %to10.29%
2018717,886$14.646834 to$17.788260$9,883,4690.85 %to2.70%3.74 %to4.24%(3.62)%to(1.82)%
2017820,853$14.918344 to$18.456355$11,591,8240.85 %to2.70%5.34 %to5.53%4.27 %to6.22%
2016929,770$14.045264 to$17.700565$12,444,8520.85 %to2.70%7.02 %to7.16%2.61 %to4.53%
Putnam VT Global Asset Allocation Fund
202024,907$20.686324 to$27.165979$489,3611.25 %to2.40%1.83 %to1.85%9.65 %to10.91%
201929,135$18.650633 to$24.775815$516,0981.25 %to2.40%1.43 %to2.46%14.35 %to15.68%
201833,425$16.123119 to$21.665735$522,0481.25 %to2.40%1.74 %to1.83%(9.46)%to(8.41)%
201735,413$17.603743 to$23.929053$611,6471.25 %to2.40%1.45 %to1.45%12.60 %to13.90%
201645,602$15.454823 to$21.250834$694,9571.25 %to2.40%1.74 %to2.21%4.18 %to5.39%
Putnam VT Growth Opportunities Fund
202049,345$25.153216 to$26.271547$1,285,9090.50 %to1.45%0.04 %to0.05%36.71 %to38.02%
201977,427$18.398600 to$19.035053$1,464,0630.50 %to1.45%0.13 %to0.14%34.78 %to36.06%
2018121,008$13.651188 to$13.990078$1,684,7210.50 %to1.45%— %to—%0.91 %to1.87%
2017141,273$13.528598 to$13.733316$1,934,2110.50 %to1.45%0.10 %to0.11%29.02 %to30.25%
2016♦184,130$10.485674 to$10.543823$1,939,2360.50 %to1.45%— %to—%4.86 %to5.44%
Putnam VT International Value Fund
20201,288$9.245395 to$10.114857$12,4511.25 %to1.95%2.48 %to2.54%1.93 %to2.65%
20191,604$9.853684 to$16.020063$15,0791.25 %to2.30%2.42 %to2.69%17.49 %to18.73%
20183,328$8.299263 to$13.635139$27,2311.25 %to2.30%1.91 %to2.03%(19.49)%to(18.64)%
20173,686$10.200436 to$16.935698$37,1941.25 %to2.30%1.41 %to1.46%21.86 %to23.15%
201614,262$8.283132 to$13.897450$114,9251.25 %to2.30%1.55 %to2.37%(1.19)%to(0.15)%
Putnam VT International Equity Fund
202022,847$12.820487 to$17.866625$278,3420.85 %to2.75%1.57 %to1.61%9.06 %to11.15%
201923,544$11.534710 to$16.382955$261,0630.85 %to2.75%1.37 %to1.50%21.76 %to24.09%
201827,181$9.295079 to$13.454862$244,7720.85 %to2.75%1.34 %to1.39%(21.31)%to(19.80)%
201728,739$11.589569 to$17.098285$324,3150.85 %to2.75%0.41 %to2.17%23.15 %to25.51%
201632,659$8.913224 to$13.884178$294,5291.25 %to2.75%3.35 %to3.70%(5.10)%to(3.67)%
Putnam VT Small Cap Value Fund
20207,887$17.763636 to$21.814143$159,2020.85 %to2.45%0.90 %to1.08%1.45 %to3.08%
20198,731$17.510173 to$21.161632$172,8560.85 %to2.45%0.65 %to0.71%21.24 %to23.19%



201810,583$14.442914 to$17.178045$180,5960.85 %to2.45%0.40 %to0.40%(21.87)%to(20.61)%
201712,307$21.636201 to$29.607146$264,4450.85 %to2.70%0.14 %to0.70%5.00 %to6.96%
201613,471$19.525830 to$28.197366$276,5551.25 %to2.70%— %to1.05%24.10 %to25.91%
JPMorgan Insurance Trust Core Bond Portfolio
20201,465,094$13.331159 to$14.660277$23,227,7711.25 %to2.40%1.86 %to1.94%5.29 %to6.51%
20191,648,066$12.661550 to$13.764758$24,535,7691.25 %to2.40%2.59 %to2.88%5.61 %to6.83%
20181,995,834$11.988878 to$12.884475$27,935,3091.25 %to2.40%2.44 %to2.46%(2.32)%to(1.19)%
20172,305,493$12.274080 to$13.040154$32,676,5921.25 %to2.40%2.58 %to2.63%1.12 %to2.29%
20162,561,530$12.138605 to$12.748775$35,591,6351.25 %to2.40%2.77 %to2.84%(0.31)%to0.85%
JPMorgan Insurance Trust U.S. Equity Portfolio
202099,087$42.274157 to$44.372926$4,213,0011.35 %to2.40%0.81 %to0.83%22.29 %to23.58%
2019121,796$34.207190 to$36.284271$4,190,5641.35 %to2.40%0.85 %to0.97%28.63 %to29.99%
2018135,928$26.315372 to$28.207466$3,601,8131.35 %to2.40%0.85 %to0.86%(8.39)%to(7.42)%
2017167,507$28.425441 to$30.791075$4,794,8111.35 %to2.40%0.88 %to0.91%19.43 %to20.69%
2016208,022$23.552269 to$25.781403$4,941,2541.35 %to2.40%1.00 %to1.01%8.31 %to9.45%
JPMorgan Insurance Trust Mid Cap Value Portfolio
202091,402$31.030844 to$33.710071$2,840,4861.35 %to2.40%1.23 %to1.53%(2.01)%to(0.98)%
201994,868$31.336582 to$34.401541$2,981,5811.35 %to2.40%1.57 %to1.70%23.76 %to25.06%
2018102,256$25.056568 to$27.797246$2,570,5581.35 %to2.40%0.99 %to0.99%(13.93)%to(13.02)%
2017119,256$28.806816 to$32.295239$3,453,3811.35 %to2.40%0.81 %to0.81%11.07 %to12.24%
2016147,100$25.665526 to$29.077072$3,791,9201.35 %to2.40%0.87 %to0.87%11.98 %to13.16%
Putnam VT Equity Income Fund
2020795$28.991681 to$37.523333$27,4820.65 %to0.75%1.70 %to2.34%5.01 %to5.12%
20191,740$27.607823 to$36.263155$59,8820.50 %to0.75%1.98 %to2.07%29.43 %to29.75%
20184,859$21.330168 to$27.947538$132,6710.50 %to0.75%0.69 %to0.69%(9.17)%to(8.94)%
20175,059$23.484207 to$30.692956$151,9420.50 %to0.75%1.67 %to1.67%17.89 %to18.18%
20165,229$20.012284 to$25.971361$133,0760.50 %to1.45%— %to1.79%12.01 %to13.08%
PIMCO VIT All Asset Portfolio
2020926$14.544835 to$14.544835$13,4710.65 %to0.65%4.88 %to4.88%7.21 %to7.21%
2019933$13.566822 to$13.749444$12,6530.50 %to0.65%0.70 %to2.40%11.02 %to11.19%
201810,520$11.470489 to$12.366123$128,6240.50 %to1.45%— %to3.03%(6.81)%to(5.92)%
201711,313$12.308429 to$13.144011$146,7450.50 %to1.45%4.52 %to4.55%11.75 %to12.81%
201611,674$11.014586 to$11.651192$134,4560.50 %to1.45%2.35 %to2.53%11.28 %to12.34%
PIMCO StocksPLUS® Global Portfolio
202017,465$16.885926 to$18.553325$318,1890.50 %to1.45%1.09 %to1.09%11.41 %to12.47%
201919,298$15.156784 to$16.496037$313,2160.50 %to1.45%1.52 %to1.52%25.69 %to26.89%
201826,738$12.058566 to$13.000146$343,4960.50 %to1.45%1.53 %to1.54%(12.03)%to(11.19)%
201727,479$13.707092 to$14.637587$397,9310.50 %to1.45%3.31 %to3.32%21.22 %to22.38%
201637,054$11.307594 to$11.961135$438,4410.50 %to1.45%5.01 %to5.06%6.20 %to7.21%
Prudential Series Jennison 20/20 Focus Portfolio
2020282$4.069926 to$40.601528$8,2061.55 %to1.65%— %to—%28.28 %to28.41%
2019283$2.970416 to$31.619387$6,4051.55 %to2.00%— %to—%25.86 %to26.43%
201810,375$2.360103 to$25.010073$28,8981.55 %to2.00%— %to—%(7.59)%to(7.17)%
201710,986$2.553982 to$27.660366$32,8311.40 %to2.00%— %to—%27.18 %to27.94%
201615,002$2.008202 to$21.619448$54,2701.40 %to2.00%— %to—%(0.77)%to(0.18)%
Prudential Series Jennison Portfolio
202091,977$3.776148 to$31.769620$405,8291.40 %to2.35%— %to—%51.96 %to53.41%



201953,397$2.484981 to$20.709276$171,7761.40 %to2.35%— %to—%29.74 %to30.98%
201856,041$1.915343 to$15.811276$147,3091.40 %to2.35%— %to—%(3.48)%to(2.55)%
201759,180$1.984309 to$16.225624$165,2401.40 %to2.35%— %to—%32.97 %to34.24%
201661,143$1.492264 to$12.087007$133,4061.40 %to2.35%— %to—%(3.58)%to(2.66)%
Prudential Series Value Portfolio
20208,395$2.045820 to$2.337556$18,8251.40 %to2.10%— %to—%1.01 %to1.72%
20198,510$2.025453 to$2.298137$18,8091.40 %to2.10%— %to—%22.97 %to23.84%
20188,596$1.647061 to$1.855800$15,3781.40 %to2.10%— %to—%(12.10)%to(11.48)%
20179,637$1.873801 to$2.096526$19,5831.40 %to2.10%— %to—%14.09 %to14.89%
201624,960$1.642440 to$1.824867$44,5911.40 %to2.10%— %to—%8.65 %to9.41%
Prudential Series SP International Growth Portfolio
20206,207$2.088604 to$2.088604$12,9621.40 %to1.40%— %to—%29.75 %to29.75%
20196,497$1.609702 to$1.609702$10,4581.40 %to1.40%— %to—%30.07 %to30.07%
20186,778$1.237526 to$1.237526$8,3881.40 %to1.40%— %to—%(14.41)%to(14.41)%
20177,083$1.278383 to$1.445916$10,2411.40 %to2.15%— %to—%32.54 %to33.54%
201611,950$0.964520 to$1.082783$12,3961.40 %to2.15%— %to—%(6.20)%to(5.49)%
ClearBridge Variable Dividend Strategy Portfolio
20201,240$23.341136 to$23.341136$28,9381.40 %to1.40%1.42 %to1.42%6.17 %to6.17%
20191,364$21.983695 to$21.983695$29,9791.40 %to1.40%1.59 %to1.59%29.76 %to29.76%
20181,262$16.941486 to$16.941486$21,3771.40 %to1.40%1.53 %to1.53%(6.18)%to(6.18)%
20171,375$18.057513 to$18.057513$24,8221.40 %to1.40%1.53 %to1.53%17.52 %to17.52%
20161,385$15.365722 to$15.365722$21,2801.40 %to1.40%1.33 %to1.33%13.39 %to13.39%
Western Asset Variable Global High Yield Bond Portfolio
202011,858$2.919678 to$2.919678$34,6211.40 %to1.40%3.96 %to3.96%5.83 %to5.83%
201912,499$2.758968 to$2.758968$34,4851.40 %to1.40%5.23 %to5.23%12.80 %to12.80%
201813,645$2.445971 to$2.445971$33,3751.40 %to1.40%5.26 %to5.26%(5.26)%to(5.26)%
201713,740$2.581684 to$2.581684$35,4731.40 %to1.40%5.31 %to5.31%7.14 %to7.14%
201614,120$2.409606 to$2.409606$34,0231.40 %to1.40%4.76 %to4.76%14.00 %to14.00%
Clearbridge Variable Large Cap Value Portfolio
2020231,612$3.059826 to$3.059826$708,6911.40 %to1.40%1.38 %to1.38%3.79 %to3.79%
2019249,913$2.948223 to$2.948223$736,7981.40 %to1.40%1.78 %to1.78%27.09 %to27.09%
2018255,772$2.319727 to$2.319727$593,3211.40 %to1.40%1.54 %to1.54%(10.14)%to(10.14)%
2017258,254$2.512622 to$2.581528$666,6891.40 %to1.55%0.05 %to1.37%13.07 %to13.24%
2016291,027$2.222184 to$2.279705$662,5861.40 %to1.55%1.43 %to1.59%11.26 %to11.43%
Invesco V.I. Growth and Income Fund
202050,459$21.900621 to$24.651166$1,119,5280.85 %to2.75%1.93 %to2.09%(0.91)%to0.99%
201950,483$21.686390 to$24.878310$1,102,6660.85 %to2.75%1.55 %to1.61%21.47 %to23.79%
201853,749$17.518199 to$20.481565$953,0260.85 %to2.75%1.78 %to1.81%(15.94)%to(14.32)%
201763,581$20.446817 to$24.364558$1,314,3680.85 %to2.75%1.22 %to1.29%10.94 %to13.07%
201680,338$18.083109 to$21.961036$1,494,7230.85 %to2.75%0.90 %to0.91%16.19 %to18.42%
Invesco V.I. Comstock Fund
20206,146$26.997703 to$31.529939$174,5271.35 %to2.75%1.87 %to2.04%(3.77)%to(2.41)%
20197,051$28.055727 to$32.309992$207,7041.35 %to2.75%1.65 %to1.72%21.56 %to23.27%
20187,700$23.080545 to$26.211385$185,0141.35 %to2.75%1.40 %to1.42%(14.75)%to(13.54)%
20178,337$27.072505 to$30.317055$233,4731.35 %to2.75%1.95 %to2.62%14.39 %to16.00%
20169,115$23.667346 to$26.135580$218,3901.35 %to2.75%1.33 %to1.34%13.81 %to15.42%
Invesco V.I. American Franchise Fund



2020635,624$31.427475 to$38.036567$21,775,1070.85 %to2.80%0.07 %to0.07%38.43 %to41.15%
2019755,188$22.703518 to$26.947741$18,491,9660.85 %to2.80%— %to—%32.98 %to35.60%
2018780,554$17.072275 to$19.873018$14,258,9340.85 %to2.80%— %to—%(6.29)%to(4.44)%
2017895,002$18.217547 to$20.796354$17,285,0300.85 %to2.80%0.01 %to0.08%23.83 %to26.26%
2016991,273$14.711905 to$16.470522$15,346,4970.85 %to2.80%— %to—%(0.56)%to1.40%
Invesco V.I. Mid Cap Growth Fund+
2020$18.727962 to$20.819202$—1.25 %to2.75%— %to—%(0.90)%to(0.26)%
2019115,973$18.897727 to$20.872439$2,342,2981.25 %to2.75%— %to—%30.70 %to32.34%
2018142,335$14.458749 to$15.771615$2,179,8251.25 %to2.75%— %to—%(8.15)%to(7.04)%
2017167,537$15.740859 to$16.966627$2,776,1781.25 %to2.75%— %to—%19.17 %to20.63%
2016194,581$13.208587 to$14.065558$2,687,4461.25 %to2.75%— %to—%(1.98)%to(0.68)%
Wells Fargo VT Index Asset Allocation Fund
20204,539$3.084251 to$30.000358$30,5441.35 %to2.10%0.82 %to0.82%14.17 %to15.03%
20194,763$2.681360 to$26.277674$27,9791.35 %to2.10%1.09 %to1.09%17.66 %to18.55%
20185,013$2.261876 to$22.333438$25,4911.35 %to2.10%0.98 %to0.98%(4.92)%to(4.21)%
20175,077$2.361191 to$23.489624$27,5241.35 %to2.10%0.75 %to0.75%9.92 %to10.74%
20165,133$2.132126 to$21.370472$25,6041.35 %to2.10%0.88 %to0.89%5.43 %to6.23%
Wells Fargo VT International Equity Fund
2020400,477$1.189636 to$11.046527$702,6071.25 %to2.20%2.92 %to3.19%2.61 %to3.59%
2019418,205$1.159414 to$10.664198$698,9151.25 %to2.20%3.31 %to4.20%12.99 %to14.07%
2018475,002$1.026115 to$9.348948$696,2651.25 %to2.20%11.84 %to11.93%(18.67)%to(17.89)%
2017530,559$1.261646 to$11.386150$936,7571.25 %to2.20%3.03 %to3.92%22.14 %to23.31%
2016646,667$8.305074 to$9.234000$884,4691.25 %to2.45%— %to3.71%0.75 %to1.97%
Wells Fargo VT Small Cap Growth Fund
202027,518$40.486664 to$44.089234$1,131,4010.65 %to2.50%— %to—%54.20 %to56.76%
201930,832$26.256695 to$28.124965$811,8340.65 %to2.50%— %to—%22.22 %to24.02%
201838,654$21.482856 to$22.677432$842,8660.65 %to2.50%— %to—%(1.03)%to0.65%
201741,722$21.706710 to$22.530277$910,2990.65 %to2.50%— %to—%23.03 %to25.04%
201647,614$17.361509 to$18.018017$841,1260.65 %to2.75%— %to—%5.17 %to7.05%
Wells Fargo VT Discovery Fund
2020246$66.999860 to$66.999860$16,4551.35 %to1.35%— %to—%60.47 %to60.47%
2019261$41.751703 to$41.751703$10,9021.35 %to1.35%— %to—%37.16 %to37.16%
2018276$30.440346 to$30.440346$8,4091.35 %to1.35%— %to—%(8.31)%to(8.31)%
2017278$33.198862 to$33.198862$9,2401.35 %to1.35%— %to—%27.40 %to27.40%
2016280$26.058826 to$26.058826$7,3071.35 %to1.35%— %to—%6.20 %to6.20%
Wells Fargo VT Opportunity Fund
2020171,301$26.997501 to$33.154804$5,111,4050.50 %to2.70%0.65 %to0.71%18.09 %to20.72%
2019202,727$22.860939 to$27.464284$5,077,3320.50 %to2.70%0.54 %to0.56%28.30 %to31.15%
2018247,481$17.817813 to$20.940590$4,780,6560.50 %to2.70%0.43 %to0.44%(9.41)%to(7.39)%
2017312,160$19.668343 to$22.612128$6,589,2730.50 %to2.70%0.92 %to0.93%17.51 %to20.12%
2016390,053$16.737469 to$18.824251$6,934,7660.50 %to2.70%2.31 %to2.32%9.52 %to11.96%
MFS® Core Equity Portfolio
2020254,904$18.600633 to$20.147433$4,991,5871.35 %to2.70%0.72 %to0.87%15.55 %to17.12%
2019286,811$16.097983 to$17.202882$4,811,9141.35 %to2.70%0.46 %to0.66%29.65 %to31.41%
2018344,157$12.416933 to$13.091312$4,416,8001.35 %to2.70%0.15 %to0.69%(6.39)%to(5.12)%
2017372,778$13.265075 to$13.797841$5,067,7141.35 %to2.70%0.63 %to0.88%21.50 %to23.15%
2016419,240$10.917513 to$11.257684$4,652,4461.10 %to2.70%0.78 %to0.86%8.41 %to10.16%



MFS® Massachusetts Investors Growth Stock Portfolio
2020359,294$20.585652 to$22.899150$7,803,3100.95 %to2.75%0.45 %to0.46%19.20 %to21.37%
2019432,582$17.269454 to$18.867637$7,808,6400.95 %to2.75%0.58 %to0.58%36.16 %to38.63%
2018449,732$12.683437 to$13.398507$5,912,5211.35 %to2.75%0.54 %to0.56%(1.93)%to(0.54)%
2017530,023$12.932622 to$13.471689$7,033,7241.35 %to2.75%0.55 %to0.65%24.94 %to26.70%
2016613,346$10.350730 to$10.683492$6,458,2771.10 %to2.75%0.59 %to0.60%3.20 %to4.91%
MFS® Research International Portfolio
2020528,591$12.981200 to$14.569220$7,287,5650.85 %to2.80%2.07 %to2.09%9.83 %to11.99%
2019616,788$11.819708 to$13.009415$7,663,3490.85 %to2.80%1.48 %to1.49%24.51 %to26.96%
2018707,473$9.493017 to$10.246844$6,988,6070.85 %to2.80%1.49 %to1.50%(16.50)%to(14.85)%
2017826,341$11.368649 to$12.034167$9,677,0410.85 %to2.80%1.84 %to1.89%24.75 %to27.21%
20161,020,912$9.113093 to$9.460449$9,488,5470.85 %to2.80%1.63 %to1.64%(3.44)%to(1.54)%
Columbia Variable Portfolio - Large Cap Growth Fund
2020368,969$21.120145 to$22.260196$8,065,4881.70 %to2.80%— %to—%31.02 %to32.47%
2019442,481$16.120179 to$16.804571$7,325,3811.70 %to2.80%— %to—%32.15 %to33.61%
2018504,458$12.198087 to$12.577042$6,270,7251.70 %to2.80%— %to—%(6.59)%to(5.56)%
2017577,359$13.058934 to$13.317231$7,631,3831.70 %to2.80%— %to—%24.60 %to25.98%
2016♦640,820$10.480645 to$10.571146$6,752,1461.70 %to2.80%— %to—%4.81 %to5.71%
Columbia Variable Portfolio - Overseas Core Fund
2020357,587$12.554366 to$13.232276$4,622,2041.70 %to2.80%1.44 %to1.45%5.82 %to6.99%
2019372,958$11.863683 to$12.367530$4,530,8251.70 %to2.80%1.79 %to1.81%21.70 %to23.04%
2018415,075$9.748587 to$10.051567$4,116,6861.70 %to2.80%2.52 %to2.55%(19.11)%to(18.22)%
2017446,682$12.051765 to$12.290283$5,443,4031.70 %to2.80%1.86 %to1.90%23.67 %to25.04%
2016♦510,759$9.744961 to$9.829212$5,001,6171.70 %to2.80%1.08 %to1.10%(2.55)%to(1.71)%
CTIVP® - Loomis Sayles Growth Fund
2020315,664$21.335639 to$22.433566$6,941,8251.70 %to2.75%— %to—%28.35 %to29.71%
2019347,697$16.622505 to$17.295422$5,917,9251.70 %to2.75%— %to—%28.19 %to29.54%
2018380,358$12.967579 to$13.351777$5,019,6781.70 %to2.75%— %to—%(5.05)%to(4.04)%
2017407,908$13.656632 to$13.914318$5,632,9501.70 %to2.75%— %to—%29.43 %to30.79%
2016♦452,246$10.551696 $10.638654$4,794,9521.70 %2.75%— %—%5.52 %6.39%




*Represents the annualized contract expenses of the Sub-Account for the period indicated and includes only those expenses that are charged through a reduction in the unit values. Excluded are expenses of the Funds and charges made directly to contract owner accounts through the redemption of units. Where the expense ratio is the same for each unit value, it is presented in both the lowest and highest columns.
**These amounts represent the dividends, excluding distributions of capital gains, received by the Sub-Account from the Fund, net of management fees assessed by the Fund’s manager, divided by the average net assets. These ratios exclude those expenses, such as mortality and expense risk charges, that result in direct reductions in the unit values. The recognition of investment income by the Sub-Account is affected by the timing of the declaration of dividends by the Fund in which the Sub-Account invests. Where the investment income ratio is the same for each unit value, it is presented in both the lowest and highest columns.    
***Represents the total return for the period indicated and reflects a deduction only for expenses assessed through the daily unit value calculation. The total return does not include any expenses assessed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented. Investment options with a date notation in the notes on the Statements of Operations indicate the effective date of that investment option in the Account. The total return is calculated for the period indicated or from the effective date through the end of the reporting period.
# Rounded units/unit fair values. Where only one unit value exists, it is presented in both the lowest and highest columns.

+ See Note 1 for additional information related to this Sub-Account.

♦ Investment income and total return ratios are calculated for the period the related share class within the Sub-Account is active, while the expense ratio is annualized.

++ See Note 8 for additional information related to this Sub-Account.


7. Subsequent Events:

On January 18, 2021 the Sponsor Company’s indirect owners, Hopmeadow Holdings GP LLC and Hopmeadow Holdings LP, entered into a definitive agreement to merge Hopmeadow Holdings LP with a subsidiary of Sixth Street, a leading global investment firm. The merger is subject to regulatory approvals and other customary closing conditions and is expected to close in the second quarter of 2021. If consummated, the merger would result in a change of ownership and control of the Sponsor Company.

Management has evaluated events subsequent to December 31, 2020 and through April 21, 2021, the date the financial statements were available to be issued, noting there are no other subsequent events requiring adjustment or disclosure in the financial statements.

8. Restatement of Invesco Oppenheimer V.I. Main Street Fund® and Invesco Oppenheimer V.I. Main Street Small Cap Fund® Sub-Account for the period ended December 31, 2019 :

Based on accounting review and validation procedures in connection with the financial reporting process and subsequent to reporting the December 31, 2019 financial statements, the Sponsor Company identified that the results of the Invesco Oppenheimer V.I. Main Street Fund® and Invesco Oppenheimer V.I. Main Street Small Cap Fund® were inadvertently mislabeled. The 2019 results of the Invesco Oppenheimer V.I. Main Street Fund® and Invesco Oppenheimer V.I. Main Street Small Cap Fund® have been updated to reflect the activity in this Account.