ANNUAL STATEMENT FOR THE YEAR 2010 OF THE ING Life Insurance And .

ANNUAL STATEMENT FOR THE YEAR 2010 OF THE ING Life Insurance and Annuity CompanySUMMARY OF .Premiums and annuity considerations for life and accident and health contracts (Exhibit 1, Part 1, Line 20.4, Col. 1, lessCol. 11)Considerations for supplementary contracts with life contingenciesNet investment income (Exhibit of Net Investment Income, Line 17)Amortization of interest maintenance reserve (IMR, Line 5)Separate Accounts net gain from operations excluding unrealized gains or lossesCommissions and expense allowances on reinsurance ceded (Exhibit 1, Part 2, Line 26.1, Col. 1)Reserve adjustments on reinsurance cededMiscellaneous Income:8.1 Income from fees associated with investment management, administration and contract guarantees from SeparateAccounts8.2 Charges and fees for deposit-type contracts8.3 Aggregate write-ins for miscellaneous incomeTotal (Lines 1 to 8.3)Death benefitsMatured endowments (excluding guaranteed annual pure endowments)Annuity benefits (Exhibit 8, Part 2, Line 6.4, Cols. 4 8)Disability benefits and benefits under accident and health contractsCoupons, guaranteed annual pure endowments and similar benefitsSurrender benefits and withdrawals for life contractsGroup conversionsInterest and adjustments on contract or deposit-type contract fundsPayments on supplementary contracts with life contingenciesIncrease in aggregate reserves for life and accident and health contractsTotals (Lines 10 to 19)Commissions on premiums, annuity considerations, and deposit-type contract funds (direct business only) (Exhibit 1, Part2, Line 31, Col. 1)Commissions and expense allowances on reinsurance assumed (Exhibit 1, Part 2, Line 26.2, Col. 1)General insurance expenses (Exhibit 2, Line 10, Cols. 1, 2, 3 and 4)Insurance taxes, licenses and fees, excluding federal income taxes (Exhibit 3, Line 7, Cols. 1 2 3)Increase in loading on deferred and uncollected premiumsNet transfers to or (from) Separate Accounts net of reinsuranceAggregate write-ins for deductionsTotals (Lines 20 to 27)Net gain from operations before dividends to policyholders and federal income taxes (Line 9 minus Line 28)Dividends to policyholdersNet gain from operations after dividends to policyholders and before federal income taxes (Line 29 minus Line 30)Federal and foreign income taxes incurred (excluding tax on capital gains)Net gain from operations after dividends to policyholders and federal income taxes and before realized capital gains or(losses) (Line 31 minus Line 32)Net realized capital gains (losses) (excluding gains (losses) transferred to the IMR) less capital gains tax of (excluding taxes of transferred to the IMR)q r q l m n tn l o m p l k p mNet income (Line 33 plus Line 34)CAPITAL AND SURPLUS ACCOUNTCapital and surplus, December 31, prior year (Page 3, Line 38, Col. 2)Net income (Line 35)Change in net unrealized capital gains (losses) less capital gains tax of m q l m n t l t k kChange in net unrealized foreign exchange capital gain (loss)Change in net deferred income taxChange in nonadmitted assetsChange in liability for reinsurance in unauthorized companiesChange in reserve on account of change in valuation basis, (increase) or decrease (Exh. 5A, Line 9999999, Col. 4)Change in asset valuation reserveChange in treasury stock (Page 3, Lines 36.1 and 36.2, Col. 2 minus Col. 1)Surplus (contributed to) withdrawn from Separate Accounts during periodOther changes in surplus in Separate Accounts StatementChange in surplus notesCumulative effect of changes in accounting principlesCapital changes:50.1 Paid in50.2 Transferred from surplus (Stock Dividend)50.3 Transferred to surplusSurplus adjustment:51.1 Paid in51.2 Transferred to capital (Stock Dividend)51.3 Transferred from capital51.4 Change in surplus as a result of reinsuranceDividends to stockholdersAggregate write-ins for gains and losses in surplusNet change in capital and surplus for the year (Lines 37 through 53)Capital and surplus, December 31, current year (Lines 36 54) (Page 3, Line 38)DETAILS OF WRITE-INSy z { #} z z / e z z { z/ z { X WzSummary of remaining write-ins for Line 8.3 from overflow pageTotals (Lines 08.301 thru 08.303 plus 08.398)(Line 8.3 above) { z/ z &z z zSummary of remaining write-ins for Line 27 from overflow pageTotals (Lines 2701 thru 2703 plus 2798)(Line 27 above) z 3 " z & z z } } z e & z#}b 1Current Year2Prior Yeark l m n o l p q r l p k kk l s t r l t r k l t s no l p m s l s m un l p u u l t s om l m t s l p m m l u p om l r r o l q u u l u k rv t t l s t n l q m o wv o l q u r l u n m wrrs s l t q s l p o ms p l q q r l q u mv s k l s s s l t r o wv s k l o u m l o n m wt p n l k s m l k n kt m u l q o t l m s mrrm k m l r n t l u m nm u s l n t t l m u mq l u k o l k s p l t o mq l o r t l p r p l r r srrrrt u m l k m n l o q kt u r l k k m l t r krrrrk l u o m l q u k l t q sk l r q r l r q m l r r urrt k l n s u l p p ns s l p t m l o k on l o u u l p t rp l n s n l r m nn t t l k r m l p k up t k l r t k l u s sq l p q r l k k k l p p tk l k m u l q n o l u p qm k u l n n t l q m sm n s l u m o l s s ot k l p s mt o l s n tn r p l k o u l p n up t u l p k p l t n ss u l m r n l t o rm o l t k r l k t srrv o s t l q k s l q r r wv t u o l u o q l k n r wp l s q o l k s rm l k u m l s u oq l p k q l k u n l p p tq l m p k l n p k l q s mm q o l q u k l k t qn n s l k n n l r o trrm q o l q u k l k t qn n s l k n n l r o to q l s s p l m m nq n l n p r l s n tm m k l u s p l o m pp n k l s m p l o t rv o s l u m o l q u t wv m k u l u u o l s o qxwp n l r m u l o n tt o m l u p o l s p mm l o u t l m t n l q k qm l n t p l n n n l k n rp n l r m u l o n tt o m l u p o l s p mt p l q k t l o t tu l o s u l t u tv t q l u r t wm l u s n l m n pv n n l p n n l s o o wm r m l r q q l r p sv m p t l o s t l t r p wt s n l t m mrrrrv p k l u m o l n k m wv t l o q q l t k o wrrrrt l r u t l r o kn l t r t l r s srrv n l o t n l m u p wrrrrrrrm n r l r r r l r r rrrrrrv s t l n t q l o k r wv s p l r n q l r r r wv t r s l r r r l r r r wk l q n t l q o srn r l m n t l q u uv q p l o q n l n q qxwt s o l n o r l m s qm l u u o l s s r l s q rm l o u t l m t n l q k qm t r l p o m l u k pm m m l u m n l k p qu r l n k r l q s mn m l q r u l s m trrm k m l r n t l u m nm u s l n t t l m u mp l s q o l k s rm l k u m l s u orm r yy z { & Y z / / rp l s q o l k s rm l k u m l s u om o l k t o l m p un m l m m t l m r ov k l k o p l m o s wSummary of remaining write-ins for Line 53 from overflow pageTotals (Lines 5301 thru 5303 plus 5398)(Line 53 above)v q n q l m p m wrk l q n t l q o s4rn r l m n t l q u u

ANNUAL STATEMENT FOR THE YEAR 2010 OF THE ING Life Insurance and Annuity CompanyCASH FLOW12Current YearPrior YearCash from Operations1.Premiums collected net of reinsurance 2.Net investment income ¡ 3.Miscellaneous income ¡ ¡ ¡ ¡ 4.Total (Lines 1 through 3)¡ ¡ 5.Benefit and loss related payments ¡ 6.Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts7.Commissions, expenses paid and aggregate write-ins for deductions8.Dividends paid to policyholders9.Federal and foreign income taxes paid (recovered) net of ¡ ¡ ¡ ¡ ¡ ¡x ¡ 10.Total (Lines 5 through 9)11.Net cash from operations (Line 4 minus Line 10)12.Proceeds from investments sold, matured or repaid: tax on capital gains (losses) ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ Cash from Investments12.1 Bonds ¡ ¡ 12.2 Stocks ¡ ¡ 12.3 Mortgage loans ¡ ¡ 12.4 Real estate 12.5 Other invested assets 12.6 Net gains or (losses) on cash, cash equivalents and short-term investments 12.7 Miscellaneous proceeds 12.8 Total investment proceeds (Lines 12.1 to 12.7)13. ¡ ¡ ¡ Cost of investments acquired (long-term only):13.1 Bonds13.2 Stocks ¡ 13.3 Mortgage loans 13.4 Real estate ¡13.5 Other invested assets ¡ ¡ ¡ ¡ 13.6 Miscellaneous applications¡ ¡ ¡ ¡ ¡ ¡ ¡ 13.7 Total investments acquired (Lines 13.1 to 13.6)14.Net increase (decrease) in contract loans and premium notes15.Net cash from investments (Line 12.8 minus Line 13.7 minus Line 14)16.Cash provided (applied): ¡ x ¡ Cash from Financing and Miscellaneous Sources17.16.1 Surplus notes, capital notes 16.2 Capital and paid in surplus, less treasury stock 16.3 Borrowed funds 16.4 Net deposits on deposit-type contracts and other insurance liabilities ¡ x 16.5 Dividends to stockholders 16.6 Other cash provided (applied) ¡ ¡ Net cash from financing and miscellaneous sources (Lines 16.1 to 16.4 minus Line 16.5 plus Line 16.6) ¡ ¡ ¡ x x ¡ ¡ ¡ RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS18.Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17)19.Cash, cash equivalents and short-term investments: ¡ ¡ ¡ 19.1 Beginning of year¡ 19.2 End of year (Line 18 plus Line 19.1) ¡ ¡ Note: Supplemental disclosures of cash flow information for non-cash transactions:5

ANNUAL STATEMENT FOR THE YEAR 2010 OF THE ING Life Insurance and Annuity CompanyANALYSIS OF OPERATIONS BY LINES OF BUSINESS § § ª §«ª« ª « § § « § ª « § ª « § ª §§ § « ª § ª ª ª ª § ª ª § § ª « « « « « ª « « «, Line 24 ª , Line 23ª§ ª « «« § « « ª§ §§ § ª « ««ª ª ª § ª ª ª «§ « ª ª ª «ª §§ ª ª « ª ª § § « § «§ § § § «« § §§§ ª « ª § ª ª ª « § ª §« ª § ª « §« « « « § ª ª ª « ª ª§ ª ª « § ª « ª « «§« « « « « « ª§ § §§ ª § ª « « ª « ª§ ª « ª ª ª « ª ª § « «ª§ § ª ª« § « § § « ª ª § § «ª § Other § § « §§ § § ª «ª §ª ª § § § § « « « «ª§ª§ § ª § ª « ªª ª « §§ª § « ª « , Line 1612Aggregate of AllOther Lines ofBusiness11«ª§ §§ ª§ ª § «§ ª§ § ª «ª § § «§ § § § « ª «ªª ª « § § § § ª «ª « § ª « ª « « ª «ª «ª « § §« « « ª § § §§ § ª § « §ª§ ª § « § , Line 10Accident and Health10Credit (Group andIndividual) ª §§ § ª « § § ª § § ª «Group Annuities ª § ª § § ª 9 §§ 8 Credit Life (Groupand Individual) § « ª ª ª ª «§ª « ª ª«ª §« § « « § ª Group7Life Insurance(a) 5SupplementaryContracts« 6 Individual Annuities ª § § § « ª §ª § §Life Insurance « Ordinary4 Summary of remaining write-ins for Line 27 from overflow pageTotals (Lines 2701 thru 2703 plus 2798) (Line 27 above)(a) Includes the following amounts for FEGLI/SGLI:Line 1 ª ³¾³»³ÄµÂ¾¹³»ÁÀSummary of remaining write-ins for Line 8.3 from overflow pageTotals (Lines 08.301 thru 08.303 plus 08.398) (Line 8.3 above) ³¾³½³µÃ»¼ ºµÂ¾³» º ·³µ¶³ 701.2702.2703.2798.2799.³32.33. 30.31.¾ .16.17.18.19.20.21.³6.7.8. 2.3.4.5.Premiums and annuity considerations for life and accident and healthcontractsConsiderations for supplementary contracts with life contingenciesNet investment incomeAmortization of Interest Maintenance Reserve (IMR)Separate Accounts net gain from operations excluding unrealized gains orlossesCommissions and expense allowances on reinsurance cededReserve adjustments on reinsurance cededMiscellaneous Income:8.1 Fees associated with income from investment management,administration and contract guarantees from Separate Accounts8.2 Charges and fees for deposit-type contracts8.3 Aggregate write-ins for miscellaneous incomeTotals (Lines 1 to 8.3)Death benefitsMatured endowments (excluding guaranteed annual pure endowments)Annuity benefitsDisability benefits and benefits under accident and health contractsCoupons, guaranteed annual pure endowments and similar benefitsSurrender benefits and withdrawals for life contractsGroup conversionsInterest and adjustments on contract or deposit-type contract fundsPayments on supplementary contracts with life contingenciesIncrease in aggregate reserves for life and accident and health contractsTotals (Lines 10 to 19)Commissions on premiums, annuity considerations and deposit-typecontract funds (direct business only)Commissions and expense allowances on reinsurance assumedGeneral insurance expensesInsurance taxes, licenses and fees, excluding federal income taxesIncrease in loading on deferred and uncollected premiumsNet transfers to or (from) Separate Accounts net of reinsuranceAggregate write-ins for deductionsTotals (Lines 20 to 27)Net gain from operations before dividends to policyholders and federalincome taxes (Line 9 minus Line 28)Dividends to policyholdersNet gain from operations after dividends to policyholders and before federalincome taxes (Line 29 minus Line 30)Federal income taxes incurred (excluding tax on capital gains)Net gain from operations after dividends to policyholders and federal incometaxes and before realized capital gains or (losses) (Line 31 minus Line 32)DETAILS OF WRITE-INS¾ ¿º1.Industrial Life § § § ª§ª§ª « § «ª§ §ª Total3 2 1

ANNUAL STATEMENT FOR THE YEAR 2010 OF THE ING Life Insurance and Annuity CompanyANALYSIS OF INCREASE IN RESERVES DURING THE YEAR12TotalIndustrial Life3Ordinary4Life InsuranceIndividual Annuities65SupplementaryContractsCredit Life (Group andIndividual)7GroupLife Insurance8AnnuitiesInvolving Life or Disability Contingencies (Reserves)ÉÅÐÎÊËÊÏÇ ÆÐÈÎÇ ÉÏÆÐÏÇ ÏÊÇ ÅÎÎÇÅÎÎÐÅÉÇ ÐÎÎÎÉÊËÍÇÈÆÊÉÇ ÏÍÇ ÆÆÏÌÉÌÉÎÅÊÎËÎÒÊÐÌÇ ÅÌÆÎÅÏÐÇ ÎÉÏÇ ÏÍÏÎÐÎÍÐÇ ÍÉÎÒÉÐÊËÆÌÊËÌÇ ÍÐÆÅÍÉÉÇ ÎÏÊÇ ÍÆÇ ÅÆÏÇÅÎÊÌÍÇ ÆÎÈÇ ÅÏÅÇ ÎÎÍÇ ÏÇ ÉÑÍÎÎÎÎÐÊËÇ ÍÇ ÐÎÊÅÇ ËÏÏÐÊÇ ÅÇ ÊÇ ÌÅÇ ËÐÌÐÇ ÅÇ ÏÎÇ ÊÎÎÎÎÒÅÏÎÆÇ ÌÊÎÎÎÎÎÎÏÌÅÌÊXXXÅÇ ÐÎÅÇ ÍÇ ÏÌÎÎÎÎÎÎÎÎÎÒÐÍÅÏÐËÎÇ ÍÆÉÇ ÅÌÎÍÐÅÅÆÏÑÊÎÎÐÊÆÒÉÊÎÍÌÉËÇ ÉÇ ÊÇ ÎÊÎÏÎÉÊËÒËÎÇ ÑÊÎÌËÑÇ ÏÏÊÎÇ ÅÏÐÎÆÎÎÎÉÇ ÏÎÍÐÅËÇ ÅÐÅÆÏÅÇÇ ÎÊÏÐÅÇ ÊÏËÅÆËÇ ÏÍÇ ÆÎÊÇÉÉÎÍÐÇ ÆÈÏÇ ÅÎÅÎÎÎÊÍÇ ÌÅËÉÅÇ ÌÌÎXXXÎÌÇ ÉÅÇ ÉÉÇÊÍÏÒÎÍÉÇÇ ÐÊÅÆÏÎÐÎÇÅÉÑÅËÎÎÎÍÇÎÇ ÅËÇÎÅÊÎÅËÇ ÅËÇ ÍËÇ ÊÎÇ ÆÉÉÎÎÎÎÎÎÉÍÉÍÇÇ ÍÆÐÇ ÍÅÆÇ ÅÏÇ ÏÇ ÉÉÍËÏÇ ÏÌÊÇ ÊÅÑÍÇ ÎÐÇ ÍËÇ ÉReserve December 31, current yearË15.Ç ÍTotal Deductions (Lines 9 to 13)XXXXXXÑ14.ÎNet transfers to or (from) Separate AccountsÎ13.ÎAnnuity, supplementary contract and disability payments involving life contingenciesXXXÎ12.ÎÒÏÊÅÍÐÏÅËËÇ ÎÎReserves released by other terminations (net)Ç ÊÎ11.ÎReserves released by deathÎÎÉÍËÇ ÊÏÆÍÇ ÆÌÍÈÇ ÑÍÇ ÐÊÇ ÊÅËÇ ÅÌÌÇ Å10.ÎTabular costÎ9.ÎTotals (Lines 1 to 7)Î8.ÎOther increases (net)Î7.ÅÆÎIncrease in reserve on account of change in valuation basisÏ6.ÏTabular less actual reserve releasedÉ5.ÅÇ ÍÌTabular interestÅ4.ÇPresent value of disability claims incurredÇ ÉÊË3.ÆÍÇ ÅÆÈTabular net premiums or considerationsÇ ÌÏÍ2.ÅReserve December 31, prior yearÇ ÅÆÈ71.Ç(Net of Reinsurance Ceded)

ANNUAL STATEMENT FOR THE YEAR 2010 OF THE ING Life Insurance and Annuity CompanyEXHIBIT OF NET INVESTMENT INCOME1Collected During YearÓ Ô Õ Ö Ø Õ Ù Ù Ù(a)(a)ÙÝ Ü Õ Ü Ø Õ Ú Û(a)(a)Ù(b)Û Õ Ý Û Õ Ô Û 2.13.14.15.16.17.U.S. Government bondsBonds exempt from U.S. taxOther bonds (unaffiliated)Bonds of affiliatesPreferred stocks (unaffiliated)Preferred stocks of affiliatesCommon stocks (unaffiliated)Common stocks of affiliatesMortgage loansReal estateContract loansCash, cash equivalents and short-term investmentsDerivative instrumentsOther invested assetsAggregate write-ins for investment incomeTotal gross investment incomeInvestment expensesInvestment taxes, licenses and fees, excluding federal income taxesInterest expenseDepreciation on real estate and other invested assetsAggregate write-ins for deductions from investment incomeTotal deductions (Lines 11 through 15)Net investment income (Line 10 minus Line 16)DETAILS OF 598.1599.à á â ã ä/å å æ ç ä è é â á ç ê ä â ë ì#ä ç ëeá ç ã èXìWä Ö Ú Õ Ú Ö ÖSummary of remaining write-ins for Line 9 from overflow pageTotals (Lines 0901 thru 0903 plus 0998) (Line 9, above) Ö Ú Õ Ú Ö Ö2Earned During YearÖ Ö Õ Ú Û Õ Ö Ö ÜÙÝ Ó Õ Ù Ó Ù Õ Ü ÛÙÛ Õ Ý Û Õ Ô Ö ÓÙÛ Ý Ý Õ Ú Ö(c)(d)(e)(f)Û Ý Ý Õ Ú ÓÙÙÔ Ù Ú Õ Û Õ Ü Ù ÔÔ Ù Õ Ý Ó Ô Õ Ü Ó ÔÖ Õ Ú Ö Ö Õ Ô Ù ÔÖ Õ Ú Ö Ö Õ Ô Ù ÔÔ Ô Õ Ü Ü Ú Õ Ý ÜÔ Õ Ú Ô Õ Ó Ù ÚÔ Õ Ö Ó Ø Õ Ö Ø ÚÔ Õ Ó Ü Ô Õ Ö Ü ÖÞ Û Ü Õ Ó Ù Ø Õ Ù Ø Û ßÞ Û Ø Õ Ù Ô Ú Õ Ö Ô ßÝ Ý Õ Û Ó Ö Õ Û Ú ØÝ Ý Õ Ó Ü Û Õ Ô Ù Ö Ú Õ Ú Ö Ö Û Õ Ý Ó ÚÔ Õ Ô Ú Ú Õ Ù Ø Õ Ù Ö ÔÔ Õ Ô Ü Ù Õ Ô Û Ú Õ Ó Ü Ô(g)(g)(h)(i)Ú Ù Õ Õ Ü Ü ÜÙ Õ Ù Ù Û Õ Ó Ü Õ Ú Ù Õ Û Û ÙÙÚ Ó Õ Ü Ü Õ Ù Ø ÚÔ Õ Ô Ø Õ Ú Ô Ô Õ Ó Ú Ü Û Õ Ý Ó ÚÙÙ Û Õ Ý Ó ÚSummary of remaining write-ins for Line 15 from overflow pageTotals (Lines 1501 thru 1503 plus 1598) (Line 15, above)(a) Includes Þ Ô Ø

ANNUAL STATEMENT FOR THE YEAR 2010 OF THE ING Life Insurance and Annuity Company ASSETS Current Year Prior Year 1 Assets 2 Nonadmitted Assets 3 Net Admitted Assets (Cols. 1 - 2) 4 Net Admitted Assets 1. Bonds (Schedule D) 2. Stocks (Schedule D): 2.1 Preferred stocks 2.2 Common stocks 3. Mortgage loans on real estate (Schedule B):