Schedule I. Summary of Investments (Notes)

12 Months Ended

Dec. 31, 2012

Summary of Investments, Other than Investments in Related Parties [Abstract]

Schedule I Summary of Investments - Other Than Investments in Affiliates

ING Life Insurance and Annuity Company and Subsidiaries

(A wholly owned subsidiary of Lion Connecticut Holdings Inc.)

Schedule I

Summary of Investments – Other than Investments in Affiliates

As of December 31, 2012

(In millions)



Type of Investments	Cost		Value*		Amount Shown on Consolidated Balance Sheets
Fixed maturities
U.S. Treasuries	$	1,011.5	$	1,146.6	$	1,146.6
U.S. government agencies and authorities	379.4		397.0		397.0
State, municipalities and political subdivisions	77.2		93.1		93.1
U.S. corporate securities	9,438.0		10,574.3		10,574.3
Foreign securities⁽¹⁾	5,009.7		5,552.0		5,552.0
Residential mortgage-backed securities	2,070.4		2,357.5		2,357.5
Commercial mortgage-backed securities	748.7		839.1		839.1
Other asset-backed securities	475.7		495.6		495.6
Total fixed maturities, including securities pledged to creditors	$	19,210.6	$	21,455.2	$	21,455.2

Equity securities, available-for-sale	$	129.3	$	142.8	$	142.8

Mortgage loans on real estate	$	2,872.7	$	2,946.9	$	2,872.7
Policy loans	240.9		240.9		240.9
Short-term investments	679.8		679.8		679.8
Limited partnerships/corporations	179.6		179.6		179.6
Derivatives	84.9		512.7		512.7
Total investments	$	23,397.8	$	26,157.9	$	26,083.7

* See Notes 2 and 4 of Notes to the Consolidated Financial Statements.

⁽¹⁾ The term "foreign" includes foreign governments, foreign political subdivisions, foreign public utilities and all other bonds of foreign issuers. Substantially all of the Company’s foreign securities are denominated in U.S. dollars.

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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