* * LIFE AND ACCIDENT AND HEALTH COMPANIES - ASSOCIATION EDITION

*674660700000* LIFE AND ACCIDENT AND HEALTH COMPANIES - ASSOCIATION EDITION ANNUAL STATEMENT FOR THE YEAR ENDED DECEMBER, 07 OF THE CONDITION AND AFFAIRS OF THE NAIC Group Code 0709 0709 NAIC Company Code 67466 Employer's ID Number 95-079000 (Current) (Prior) Organized under the Laws of NEBRASKA, State of Domicile or Port of Entry NEBRASKA Country of Domicile UNITED STATES OF AMERICA Incorporated/Organized 0/0/868 Commenced Business 05/0/868 Statutory Home Office 6750 MERCY ROAD, OMAHA, NE, US 6806 (Street and Number) (City or Town, State, Country and Zip Code) Main Administrative Office 700 NEWPORT CENTER DRIVE (Street and Number) NEWPORT BEACH, CA, US 9660, 949-9-0 (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Mail Address 700 NEWPORT CENTER DRIVE, NEWPORT BEACH, CA, US 9660 (Street and Number or P.O. Box) (City or Town, State, Country and Zip Code) Primary Location of Books and Records 700 NEWPORT CENTER DRIVE (Street and Number) NEWPORT BEACH, CA, US 9660, 949-9-0 (City or Town, State, Country and Zip Code) (Area Code) (Telephone Number) Internet Website Address WWW.PACIFICLIFE.COM Statutory Statement Contact STEVEN HOWARD SPARKS, 949-9-85 (Name) (Area Code) (Telephone Number) STEVE.SPARKS@PACIFICLIFE.COM, 949-9-546 (E-mail Address) (FAX Number) Chairman, President & Chief Executive Officer Senior Vice President & Chief Accounting Officer JANE MARIE GUON Vice President & Secretary JAMES THOMAS MORRIS EDWARD RALPH BYRD OFFICERS Executive Vice President & Chief Financial Officer DARRYL DOUGLAS BUTTON # OTHER JOSEPH WARD KRUM Vice President & Treasurer DIRECTORS OR TRUSTEES DARRYL DOUGLAS BUTTON # SHARON ANN CHEEVER ADRIAN SCOTT GRIGGS LAWRENCE FRANCIS HARR JAMES THOMAS MORRIS The officers of this reporting entity being duly sworn, each depose and say that they are the described officers of said reporting entity, and that on the reporting period stated above, all of the herein described assets were the absolute property of the said reporting entity, free and clear from any liens or claims thereon, except as herein stated, and that this statement, together with related exhibits, schedules and explanations therein contained, annexed or referred to, is a full and true statement of all the assets and liabilities and of the condition and affairs of the said reporting entity as of the reporting period stated above, and of its income and deductions therefrom for the period ended, and have been completed in accordance with the NAIC Annual Statement Instructions and Accounting Practices and Procedures manual except to the extent that: () state law may differ; or, () that state rules or regulations require differences in reporting not related to accounting practices and procedures, according to the best of their information, knowledge and belief, respectively. Furthermore, the scope of this attestation by the described officers also includes the related corresponding electronic filing with the NAIC, when required, that is an exact copy (except for formatting differences due to electronic filing) of the enclosed statement. The electronic filing may be requested by various regulators in lieu of or in addition to the enclosed statement. James Thomas Morris Darryl Douglas Button Edward Ralph Byrd Chairman, President & Chief Executive Officer Executive Vice President & Chief Financial Officer Senior Vice President & Chief Accounting Officer a. Is this an original filing?... Yes [ X ] No [ ] b. If no,. State the amendment number.... Date filed.... Number of pages attached... State of County of California Orange SS: Subscribed and sworn to (or affirmed) before me this day of proved to me on the basis of satisfactory evidence to be the persons who appeared before me. February, 08 by James Thomas Morris, Darryl Douglas Button, and Edward Ralph Byrd, Signature of Notary Public

ANNUAL STATEMENT FOR THE YEAR 07 OF THE ASSETS Assets Current Year Nonadmitted Assets Net Admitted Assets (Cols. - ) Prior Year 4 Net Admitted Assets. Bonds (Schedule D) 4,684,78,8 4,684,78,8 8,44,5,680. Stocks (Schedule D):. Preferred stocks,76,45,76,45 9,45,79. Common stocks 807,978,57 0,45,8 697,7,546,68,,599. Mortgage loans on real estate (Schedule B):. First liens,09,54,6,09,54,6 9,876,7,77. Other than first liens 4. Real estate (Schedule A): 4. Properties occupied by the company (less $ 0 encumbrances) 6,55,757 6,55,757,604,474 4. Properties held for the production of income (less $ 0 encumbrances),096,94,096,94 4,06,55 4. Properties held for sale (less $ encumbrances) 5. Cash ($ 7,90,0, Schedule E - Part ), cash equivalents ($ 87,5,50, Schedule E - Part ) and short-term investments ($ 0,44,980, Schedule DA),064,985,4,064,985,4 708,706,7 6. Contract loans (including $ 0 premium notes) 7,67,400, 75,58 7,67,647,86 7,49,64,00 7. Derivatives (Schedule DB) 59,68,79 59,68,79 48,496,75 8. Other invested assets (Schedule BA),85,04,99 8,04,876,8,80,06,64,7, 9. Receivables for securities 8,657,9 8,657,9 4,67,0 0. Securities lending reinvested collateral assets (Schedule DL) 8,77,955 8,77,955 84,405,876. Aggregate write-ins for invested assets,47,059,47,059 7,54,089. Subtotals, cash and invested assets (Lines to ) 67,74,587,74 9,0,945 67,64,564,796 6,549,469,56. Title plants less $ charged off (for Title insurers only) 4. Investment income due and accrued 50,97,88 50,97,88 489,88,74 5. Premiums and considerations: 5. Uncollected premiums and agents' balances in the course of collection 44,70,567 4,598,68 9,77,99 4,88,864 5. Deferred premiums and agents' balances and installments booked but deferred and not yet due (including $ 0 earned but unbilled premiums) 9,65,7 9,65,7 4,66,4 5. Accrued retrospective premiums ($ ) and 6. Reinsurance: contracts subject to redetermination ($ ) 6. Amounts recoverable from reinsurers 0,70,59 0,70,59 0,97,68 6. Funds held by or deposited with reinsured companies 79,,60 79,,60 56,609,486 6. Other amounts receivable under reinsurance contracts 6,070,4 6,070,4 0,50,584 7. Amounts receivable relating to uninsured plans 8. Current federal and foreign income tax recoverable and interest thereon 78,089,044 78,089,044 75,876,4 8. Net deferred tax asset 88,,777 77,55,7 704,56,054 696,0,560 9. Guaranty funds receivable or on deposit,94,9,94,9,69,64 0. Electronic data processing equipment and software 87,668,67 78,,40 9,6,4 5,74,469. Furniture and equipment, including health care delivery assets ($ 0 ) 7,58, 7,58,. Net adjustment in assets and liabilities due to foreign exchange rates. Receivables from parent, subsidiaries and affiliates 9,480,570 9,480,570,08,594 4. Health care ($ 0 ) and other amounts receivable 8,97,84,079,5 7,8,474,080,5 5. Aggregate write-ins for other than invested assets 90,479,660 5,646,646 54,8,04,68,889 6. Total assets excluding Separate Accounts, Segregated Accounts and Protected Cell Accounts (Lines to 5) 70,56,97,479 44,760,08 70,8,,45 6,845,95,468 7. From Separate Accounts, Segregated Accounts and Protected Cell Accounts 58,54,8,49 58,54,8,49 54,78,49,7 8. Total (Lines 6 and 7) 9,096,090,98 44,760,08 8,65,0,890 8,68,447,9 DETAILS OF WRITE-INS 0. Derivatives collateral receivable,47,059,47,059 7,54,089 0. 0. 98. Summary of remaining write-ins for Line from overflow page 99. Totals (Lines 0 thru 0 plus 98)(Line above),47,059,47,059 7,54,089 50. Prepaid pension costs,9,977,9,977 50. Cash value of life insurance policies,696,799,696,799 0,59,649 50. Accounts and notes receivable 9,74,5 9,74,5 8,47,48 598. Summary of remaining write-ins for Line 5 from overflow page 47,88,5 4,46,669,4,86 5,,8 599. Totals (Lines 50 thru 50 plus 598)(Line 5 above) 90,479,660 5,646,646 54,8,04,68,889

ANNUAL STATEMENT FOR THE YEAR 07 OF THE LIABILITIES, SURPLUS AND OTHER FUNDS Prior Year Current Year. Aggregate reserve for life contracts $ 54,08,00,75 (Exh. 5, Line 9999999) less $ 0 included in Line 6. (including $ 6,,777,56 Modco Reserve) 54,08,00,75 50,040,5,4. Aggregate reserve for accident and health contracts (including $ 0 Modco Reserve) 0,74,0 9,8,96. Liability for deposit-type contracts (Exhibit 7, Line 4, Col. ) (including $ 0 Modco Reserve),5,6,79,7,46,76 4. Contract claims: 4. Life (Exhibit 8, Part, Line 4.4, Col. less sum of Cols. 9, 0 and ) 7,878,070 765,75,68 4. Accident and health (Exhibit 8, Part, Line 4.4, sum of Cols. 9, 0 and ) 5. Policyholders dividends $ 55,0 and coupons $ 0 due and unpaid (Exhibit 4, Line 0) 55,0 0,006 6. Provision for policyholders dividends and coupons payable in following calendar year - estimated amounts: 6. Dividends apportioned for payment (including $ 0 Modco) 8,676,946 8,77,05 6. Dividends not yet apportioned (including $ 0 Modco),055,6,50,85 6. Coupons and similar benefits (including $ Modco) 7. Amount provisionally held for deferred dividend policies not included in Line 6 8. Premiums and annuity considerations for life and accident and health contracts received in advance less $ 0 discount; including $ 0 accident and health premiums (Exhibit, Part, Col., sum of lines 4 and 4) 797,00 7,890 9. Contract liabilities not included elsewhere: 9. Surrender values on canceled contracts 9. Provision for experience rating refunds, including the liability of $ accident and health experience rating refunds of which $ is for medical loss ratio rebate per the Public Health Service Act 9. Other amounts payable on reinsurance, including $ 85,85,96 assumed and $ 80,84,44 ceded 66,659,79,9,98 9.4 Interest maintenance reserve (IMR, Line 6) 04,48,09 75,0,879 0. Commissions to agents due or accrued-life and annuity contracts $ 0,,944 accident and health $ 0 and deposit-type contract funds $,67,5,89,475,97,9. Commissions and expense allowances payable on reinsurance assumed,968,546 0,,. General expenses due or accrued (Exhibit, Line, Col. 6),96,09 96,660,4. Transfers to Separate Accounts due or accrued (net) (including $ (678,5,) accrued for expense allowances recognized in reserves, net of reinsured allowances) (778,84,888) (8,,879) 4. Taxes, licenses and fees due or accrued, excluding federal income taxes (Exhibit, Line 9, Col. 5),08,96 5,7,80 5. Current federal and foreign income taxes, including $ on realized capital gains (losses) 5. Net deferred tax liability 6. Unearned investment income 6,8,6 4,088,88 7. Amounts withheld or retained by company as agent or trustee 44,887,479,66,9 8. Amounts held for agents' account, including $ agents' credit balances 9. Remittances and items not allocated 6,97,750,49,066 0. Net adjustment in assets and liabilities due to foreign exchange rates. Liability for benefits for employees and agents if not included above 9,668,68 80,849,7. Borrowed money $ 5,480,747 and interest thereon $ 0,688 5,68,45 5,5,808. Dividends to stockholders declared and unpaid 4. Miscellaneous liabilities: 4.0 Asset valuation reserve (AVR, Line 6, Col. 7) 596,98,59 674,85,608 4.0 Reinsurance in unauthorized and certified ($ 0 ) companies 69,65 46,89 4.0 Funds held under reinsurance treaties with unauthorized and certified ($ 0 ) reinsurers 05,975,760 4,0,6 4.04 Payable to parent, subsidiaries and affiliates,769,6 7,76,55 4.05 Drafts outstanding 4.06 Liability for amounts held under uninsured plans 4.07 Funds held under coinsurance 7,99,87 58,558,09 4.08 Derivatives 66,49,65 4,44,485 4.09 Payable for securities 5,755,54,05,8 4.0 Payable for securities lending 8,77,955 84,405,876 4. Capital notes $ and interest thereon $ 5. Aggregate write-ins for liabilities 44,900,058 06,09,074 6. Total liabilities excluding Separate Accounts business (Lines to 5) 60,805,0,40 55,97,5,04 7. From Separate Accounts Statement 58,54,8,49 54,78,49,7 8. Total liabilities (Lines 6 and 7) 9,9,448,84 0,080,06,97 9. Common capital stock 0,000,000 0,000,000 0. Preferred capital stock. Aggregate write-ins for other than special surplus funds 5,864,658 8,4,89. Surplus notes,79,75,0,75,6,90. Gross paid in and contributed surplus (Page, Line, Col. plus Page 4, Line 5., Col. ),85,788,60,85,48,60 4. Aggregate write-ins for special surplus funds 5. Unassigned funds (surplus) 6,4,50,759 5,79,75,886 6. Less treasury stock, at cost: 6. shares common (value included in Line 9 $ ) 6. shares preferred (value included in Line 0 $ ) 7. Surplus (Total Lines +++4+5-6) (including $ 0 in Separate Accounts Statement) 9,8,88,048 8,58,40,65 8. Totals of Lines 9, 0 and 7 (Page 4, Line 55) 9,,88,048 8,548,40,65 9. Totals of Lines 8 and 8 (Page, Line 8, Col. ) 8,65,0,890 8,68,447,9 DETAILS OF WRITE-INS 50. Derivatives collateral payable and income accruals 56,68,96 50,4,985 50. Disbursements payable 4,90, 6,09,68 50. Unclaimed accounts and uncashed checks 5,686,6 6,757,6 598. Summary of remaining write-ins for Line 5 from overflow page 0,69,5,07,684 599. Totals (Lines 50 thru 50 plus 598)(Line 5 above) 44,900,058 06,09,074 0. Other surplus adjustments - derivatives 5,864,658 8,4,89 0. 0. 98. Summary of remaining write-ins for Line from overflow page 99. Totals (Lines 0 thru 0 plus 98)(Line above) 5,864,658 8,4,89 40. 40. 40. 498. Summary of remaining write-ins for Line 4 from overflow page 499. Totals (Lines 40 thru 40 plus 498)(Line 4 above)

ANNUAL STATEMENT FOR THE YEAR 07 OF THE SUMMARY OF OPERATIONS Current Year Prior Year. Premiums and annuity considerations for life and accident and health contracts (Exhibit, Part, Line 0.4, Col., less Col. ) 9,67,94,76 8,00,487,95. Considerations for supplementary contracts with life contingencies 7,05 6,64. Net investment income (Exhibit of Net Investment Income, Line 7),909,50,6,44,587,95 4. Amortization of Interest Maintenance Reserve (IMR, Line 5) 7,479,6 8,9, 5. Separate Accounts net gain from operations excluding unrealized gains or losses 6. Commissions and expense allowances on reinsurance ceded (Exhibit, Part, Line 6., Col. ) 57,0,6 40,5,695 7. Reserve adjustments on reinsurance ceded (,004,6,866) (9,96,498) 8. Miscellaneous Income: 8. Income from fees associated with investment management, administration and contract guarantees from Separate Accounts,70,75,6,4,05,896 8. Charges and fees for deposit-type contracts 0,586,,9,644 8. Aggregate write-ins for miscellaneous income 58,888,69,7,7 9. Total (Lines to 8.),87,978,74,467,48,4 0. Death benefits,7,809,8,457,450,60. Matured endowments (excluding guaranteed annual pure endowments),760,669,468,704. Annuity benefits (Exhibit 8, Part, Line 6.4, Cols. 4 + 8) 7,67,89 70,794,984. Disability benefits and benefits under accident and health contracts 5,05,45 4,99,8 4. Coupons, guaranteed annual pure endowments and similar benefits 5. Surrender benefits and withdrawals for life contracts 6,66,469,06 5,775,97,696 6. Group conversions 7. Interest and adjustments on contract or deposit-type contract funds 0,847,88 67,64,76 8. Payments on supplementary contracts with life contingencies 705,59 549,0 9. Increase in aggregate reserves for life and accident and health contracts 4,59,7,5,45,50,888 0. Totals (Lines 0 to 9),0,40,67,44,788,0. Commissions on premiums, annuity considerations, and deposit-type contract funds (direct business only) (Exhibit, Part, Line, Col. ) 88,87,7 74,59,59. Commissions and expense allowances on reinsurance assumed (Exhibit, Part, Line 6., Col. ),486,09 4,870,9. General insurance expenses (Exhibit, Line 0, Cols.,, and 4) 700,879,05 64,5,67 4. Insurance taxes, licenses and fees, excluding federal income taxes (Exhibit, Line 7, Cols. + + ) 97,564,485 8,8,9 5. Increase in loading on deferred and uncollected premiums,7,40 98,644 6. Net transfers to or (from) Separate Accounts net of reinsurance (,770,58,68) (,440,86,9) 7. Aggregate write-ins for deductions (5,7,) 6,40,58 8. Totals (Lines 0 to 7),940,675,6 0,485,488,58 9. Net gain from operations before dividends to policyholders and federal income taxes (Line 9 minus Line 8) 877,0,405 98,759,744 0. Dividends to policyholders 0,7,7 8,99,7. Net gain from operations after dividends to policyholders and before federal income taxes (Line 9 minus Line 0) 866,57,77 97,766,67. Federal and foreign income taxes incurred (excluding tax on capital gains) 8,66,047 69,476,7. Net gain from operations after dividends to policyholders and federal income taxes and before realized capital gains or (losses) (Line minus Line ) 78,909,0 80,90,445 4. Net realized capital gains (losses) (excluding gains (losses) transferred to the IMR) less capital gains tax of $ 5,84,56 (excluding taxes of $ 6,95,897 transferred to the IMR) 47,54,08 46,696,899 5. Net income (Line plus Line 4),0,44, 849,987,44 CAPITAL AND SURPLUS ACCOUNT 6. Capital and surplus, December, prior year (Page, Line 8, Col. ) 8,548,40,65 7,76,479,50 7. Net income (Line 5),0,44, 849,987,44 8. Change in net unrealized capital gains (losses) less capital gains tax of $ (,75,) (9,64,69) 8,6,69 9. Change in net unrealized foreign exchange capital gain (loss) 0,49,706 (7,44,0) 40. Change in net deferred income tax (58,87,),00,955 4. Change in nonadmitted assets 56,6,4 (84,6,466) 4. Change in liability for reinsurance in unauthorized and certified companies 94,66,87 4. Change in reserve on account of change in valuation basis, (increase) or decrease 44. Change in asset valuation reserve 77,907,068 5,79,6 45. Change in treasury stock (Page, Lines 6. and 6., Col. minus Col. ) 46. Surplus (contributed to) withdrawn from Separate Accounts during period 47. Other changes in surplus in Separate Accounts Statement 48. Change in surplus notes 4,6,09 (55,956,6) 49. Cumulative effect of changes in accounting principles 50. Capital changes: 50. Paid in 50. Transferred from surplus (Stock Dividend) 50. Transferred to surplus 5. Surplus adjustment: 5. Paid in 50,000 0 5. Transferred to capital (Stock Dividend) 5. Transferred from capital 5.4 Change in surplus as a result of reinsurance 5. Dividends to stockholders (60,000,000) 0 5. Aggregate write-ins for gains and losses in surplus (84,80,8) 6,69,07 54. Net change in capital and surplus for the year (Lines 7 through 5) 764,46,784 785,940,764 55. Capital and surplus, December, current year (Lines 6 + 54) (Page, Line 8) 9,,88,048 8,548,40,65 DETAILS OF WRITE-INS 08.0. Fee income 7,959,76 8,590,9 08.0. Miscellaneous income 0,98,99,,65 08.0. Reinsurance recapture fee 0 60,890,64 08.98. Summary of remaining write-ins for Line 8. from overflow page 08.99. Totals (Lines 08.0 thru 08.0 plus 08.98)(Line 8. above) 58,888,69,7,7 70. Net periodic benefit cost 8,068,607 7,77,55 70. Miscellaneous disbursements (5,06,4) (,60,78) 70. Contingency expense,766,50,78,55 798. Summary of remaining write-ins for Line 7 from overflow page 799. Totals (Lines 70 thru 70 plus 798)(Line 7 above) (5,7,) 6,40,58 50. Adjustments to retirement plans 569,000,65,6 50. Other surplus adjustments - derivatives (85,79,8) (6,456,88) 50. Prior peiod tax adjustment 0 (,580,000) 598. Summary of remaining write-ins for Line 5 from overflow page 0 54,004,000 599. Totals (Lines 50 thru 50 plus 598)(Line 5 above) (84,80,8) 6,69,07 4

ANNUAL STATEMENT FOR THE YEAR 07 OF THE CASH FLOW Current Year Prior Year Cash from Operations. Premiums collected net of reinsurance 9,7,740,67 8,4,554,56. Net investment income,76,68,759,48,5,70. Miscellaneous income 65,74,887 698,,86 4. Total (Lines through ),569,644,8,89,97,659 5. Benefit and loss related payments 8,76,60,874 7,99,076,8 6. Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts (,84,946,59) (,5,957,06) 7. Commissions, expenses paid and aggregate write-ins for deductions,6,6,58,4,50,898 8. Dividends paid to policyholders 0,94,70,664,99 9. Federal and foreign income taxes paid (recovered) net of $ 0 tax on capital gains (losses) 65,65,7 68,0,8 0. Total (Lines 5 through 9) 7,80,586,705 7,0,8,0. Net cash from operations (Line 4 minus Line 0) 4,768,057,6 4,58,059,66 Cash from Investments. Proceeds from investments sold, matured or repaid:. Bonds,95,89,909,6,76,77. Stocks 66,575,9 8,06,79. Mortgage loans 5,55,84 84,789,57.4 Real estate,84,69 0.5 Other invested assets,,54,904 787,4,878.6 Net gains or (losses) on cash, cash equivalents and short-term investments 965,558 (,9,086).7 Miscellaneous proceeds 64,,768 79,08,66.8 Total investment proceeds (Lines. to.7) 6,04,90,80 4,79,8,074. Cost of investments acquired (long-term only):. Bonds 7,05,0,885 7,7,,997. Stocks 9,84,7 6,800,00. Mortgage loans,40,,560,46,785,040.4 Real estate,674,77,4,9.5 Other invested assets,849,955,650 997,776,88.6 Miscellaneous applications 8,47,764,848,84.7 Total investments acquired (Lines. to.6) 0,54,866,55 0,0,754,56 4. Net increase (decrease) in contract loans and premium notes 4,09,0 05,5,85 5. Net cash from investments (Line.8 minus Line.7 minus Line 4) (4,57,99,68) (5,4,095,) Cash from Financing and Miscellaneous Sources 6. Cash provided (applied): 6. Surplus notes, capital notes,90,000 (56,05,000) 6. Capital and paid in surplus, less treasury stock 6. Borrowed funds (849,7) (67,786) 6.4 Net deposits on deposit-type contracts and other insurance liabilities 6,40,597 54,460,545 6.5 Dividends to stockholders 60,000,000 0 6.6 Other cash provided (applied) (7,87,44) (9,49,964) 7. Net cash from financing and miscellaneous sources (Lines 6. to 6.4 minus Line 6.5 plus Line 6.6) 6,,78 465,089,796 RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS 8. Net change in cash, cash equivalents and short-term investments (Line, plus Lines 5 and 7) 56,78,7 (808,945,90) 9. Cash, cash equivalents and short-term investments: 9. Beginning of year 708,706,7,57,65,6 9. End of year (Line 8 plus Line 9.),064,985,4 708,706,7 Note: Supplemental disclosures of cash flow information for non-cash transactions: 0.000. Bonds disposed and acquired 45,97,669 55,,8 0.000. Bonds converted to stocks 7,6,06,8,90 0.000. Bonds converted to other invested assets 0 6,477,55 0.0004. Stocks disposed and acquired,54,800 7,600 0.0005. Common stock contributed from Pacific LifeCorp 00,000 0 0.0006. Other invested assets contributed from Pacific LifeCorp 50,000 0 0.0007. Common stock converted to other invested assets,089,675,486 0 0.0008. Bond interest and common stock dividend in-kind received 5,957,54 0,45,6 0.0009. Mortgage loans disposed and acquired 06,8,66 0 0.000. Transfer of other invested assets from Pacific Life to a Private Equity Fund,46,9 0 0.00. Premiums reported in funds withheld assets 4,76 6,7 5

6 ANNUAL STATEMENT FOR THE YEAR 07 OF THE ANALYSIS OF OPERATIONS BY LINES OF BUSINESS Ordinary 6 Group Accident and Health 4 5 7 8 9 0 Aggregate of All Total Industrial Life Life Insurance Individual Annuities Supplementary Contracts Credit Life (Group and Individual) Life Insurance (a) Annuities Group Credit (Group and Individual) Other Other Lines of Business. Premiums and annuity considerations for life and accident and health contracts 9,67,94,76,4,078,56 5,8,0,775 (6,54) 84,5,745,444,40. Considerations for supplementary contracts with life contingencies 7,05 7,05. Net investment income,909,50,6,79,984,06 97,45,95,05,000 64,0 7,7,569 57,,746 4. Amortization of Interest Maintenance Reserve (IMR) 7,479,6 9,445,799 6,958,057,99 6,578 4,89,48 6,74,455 5. Separate Accounts net gain from operations excluding unrealized gains or losses 6. Commissions and expense allowances on reinsurance ceded 57,0,6 9,45,05 6,89,0 6,44 7. Reserve adjustments on reinsurance ceded (,004,6,866) (7,0,575) (8,40,845) (95,446) 8. Miscellaneous Income: 8. Fees associated with income from investment management, administration and contract guarantees from Separate Accounts,70,75,6 80,694,675 990,057,98 8. Charges and fees for deposit-type contracts 0,586, 0,586, 8. Aggregate write-ins for miscellaneous income 58,888,69,85,78 74,454,49 5,99, 8,66,06 9. Totals (Lines to 8.),87,978,74 4,747,69,06 6,4,,656,65,5 (0,565),07,7,874,444,40 56,06,06 0. Death benefits,7,809,8,7,87,6 98,0. Matured endowments (excluding guaranteed annual pure endowments),760,669,760,669. Annuity benefits 7,67,89 44,574,8 6,79,50. Disability benefits and benefits under accident and health contracts 5,05,45 98,677 547,745,5,99 4. Coupons, guaranteed annual pure endowments and similar benefits 5. Surrender benefits and withdrawals for life contracts 6,66,469,06 740,45,7 5,890,8,5 99 5,8,59 6. Group conversions 7. Interest and adjustments on contract or deposit-type contract funds 0,847,88,800,9 8,077,65 5,58 7,05 6,8,464 8. Payments on supplementary contracts with life contingencies 705,59 705,59 9. Increase in aggregate reserves for life and accident and health contracts 4,59,7,5,9,04,088,609,945,49 (,466) (,57,87) 68,556,696 99,4 0. Totals (Lines 0 to 9),0,40,67 4,06,87,799 7,997,4,0 7,5 (68,544) 947,89,008 4,55,4. Commissions on premiums, annuity considerations and deposit-type contract funds (direct business only) 88,87,7 444,690,469 46,09,790 9,59,547,0. Commissions and expense allowances on reinsurance assumed,486,09,60,697 5,86,98 4,78,75 478,65. General insurance expenses 700,879,05 86,798,084,4,74,4,764,5 88,0 86,79,456 4. Insurance taxes, licenses and fees, excluding federal income taxes 97,564,485 75,86,4 4,,69 687,57 5,799 6,797, 5. Increase in loading on deferred and uncollected premiums,7,40,7,40 6. Net transfers to or (from) Separate Accounts net of reinsurance (,770,58,68) 5,458,6 (,8,986,484) 7. Aggregate write-ins for deductions (5,7,) 595,547,40,7 (8,07,59) 8. Totals (Lines 0 to 7),940,675,6 5,04,79,7 5,846,9,54 7,5 (5,58) 968,67,77 5,087,858 85,8,97 9. Net gain from operations before dividends to policyholders and federal income taxes (Line 9 minus Line 8) 877,0,405 (87,550,67) 586,78,50 5,07 (05,07) 0,564,0 (,64,78) 476,778,09 0. Dividends to policyholders 0,7,7 0,869,099,95 (9,94). Net gain from operations after dividends to policyholders and before federal income taxes (Line 9 minus Line 0) 866,57,77 (98,49,76) 586,76,550 5,07 (05,07) 0,704,07 (,64,78) 476,778,09. Federal income taxes incurred (excluding tax on capital gains) 8,66,047 (77,480,8),97,0 09,870 (,089),8,545 (86,684) 4,09,95. Net gain from operations after dividends to policyholders and federal income taxes and before realized capital gains or (losses) (Line minus Line ) 78,909,0 (0,98,9) 47,9,57 4,0 (8,948) 70,0,48 (,87,04) 46,685,94 DETAILS OF WRITE-INS 08.0. Fee income 7,959,76,0,94 5,559,68 5,80,050 8,568,090 08.0. Miscellaneous income 0,98,99 9,89,84 0,894,80 09,6 95,06 08.0. 08.98. Summary of remaining write-ins for Line 8. from overflow page 08.99. Totals (Lines 08.0 thru 08.0 plus 08.98) (Line 8. above) 58,888,69,85,78 74,454,49 5,99, 8,66,06 70. Net periodic benefit cost 8,068,607 85,4,40 7,670,89 70. Miscellaneous disbursements (5,06,4) 84,,9,74 (7,,808) 70. Contingency expense,766,50 6, 06,056,4,6 798. Summary of remaining write-ins for Line 7 from overflow page 799. Totals (Lines 70 thru 70 plus 798) (Line 7 above) (5,7,) 595,547,40,7 (8,07,59) (a) Includes the following amounts for FEGLI/SGLI: Line 0, Line 0 0, Line 6 0, Line 0, Line 4 0

ANNUAL STATEMENT FOR THE YEAR 07 OF THE ANALYSIS OF INCREASE IN RESERVES DURING THE YEAR Ordinary 6 Group 4 5 7 Total Industrial Life Life Insurance Individual Annuities Supplementary Contracts Credit Life (Group and Individual) Life Insurance 8 Annuities Involving Life or Disability Contingencies (Reserves) (Net of Reinsurance Ceded). Reserve December, prior year 50,040,5,4 8,406,87,675 8,796,58,908,979,6 4,549,055,80,05,40. Tabular net premiums or considerations,7,67,957 5,4,886,49 5,4,585,708 7,05 80,568,975. Present value of disability claims incurred 64,98 64,98 XXX 4. Tabular interest,45,9,49,45,775,9 67,69,59 8,46 687,60 46,897,46 5. Tabular less actual reserve released (74,650,59) (7,66,5) (6,64) (,96,75) 7 6. Increase in reserve on account of change in valuation basis 6. Change in excess of VM-0 deterministic/stochastic reserve over net premium reserve XXX XXX XXX XXX XXX XXX 7. Other increases (net) 87,96,5 65,40,84 6,8,04 (4,0) (,76,77) 8. Totals (Lines to 7) 6,87,89,00 5,,09,967 4,756,57,69,8,70 5,95,,76,79,8 9. Tabular cost,96,60,6,96,09,44 XXX 9,948 0. Reserves released by death 64,6,484 6,00,457 XXX XXX,60,07 XXX. Reserves released by other terminations (net) 7,97,96,756 648,564,405 6,749,98,5. Annuity, supplementary contract and disability payments involving life contingencies 740,85,968 98,677 44,89,749 46,47 5,7,069. Net transfers to or (from) Separate Accounts (,05,,844) (8,6,60) (,8,986,484) 4. Total Deductions (Lines 9 to ) 9,66,79,76 4,995,6,59 4,40,60,67 46,47,90,975 5,7,069 5. Reserve December, current year 54,08,00,75 0,7,47,75 0,45,95,65,855,797,9,8,48,556,

ANNUAL STATEMENT FOR THE YEAR 07 OF THE EXHIBIT OF NET INVESTMENT INCOME Collected During Year Earned During Year. U.S. Government bonds (a),674,66,6,09. Bonds exempt from U.S. tax (a). Other bonds (unaffiliated) (a),779,954,470,804,8,70. Bonds of affiliates (a),0,5. Preferred stocks (unaffiliated) (b),56,68,94,. Preferred stocks of affiliates (b). Common stocks (unaffiliated) 4,66 4,66. Common stocks of affiliates 44,57,44 44,57,44. Mortgage loans (c) 545,76,57 549,77,88 4. Real estate (d) 4,79,658 4,79,658 5 Contract loans 75,584,996 67,80,6 6 Cash, cash equivalents and short-term investments (e) 6,4,04 6,99,0 7 Derivative instruments (f) (95,66,) (409,76,454) 8. Other invested assets 76,4,67 80,005,59 9. Aggregate write-ins for investment income 6,47,860 6,4,804 0. Total gross investment income,58,4,994,4,09,65. Investment expenses (g) 0,5,58. Investment taxes, licenses and fees, excluding federal income taxes (g),740,4. Interest expense (h) 7,0,544 4. Depreciation on real estate and other invested assets (i) 8,58,806 5. Aggregate write-ins for deductions from investment income 6. Total deductions (Lines through 5),588,00 7. Net investment income (Line 0 minus Line 6),909,50,6 DETAILS OF WRITE-INS 090. Miscellaneous income,68,55,56,460 090. Mortgage loan and real estate service fees 4,779,45 4,779,45 090. 0998. Summary of remaining write-ins for Line 9 from overflow page 0999. Totals (Lines 090 thru 090 plus 0998) (Line 9, above) 6,47,860 6,4,804 50. 50. 50. 598. Summary of remaining write-ins for Line 5 from overflow page 599. Totals (Lines 50 thru 50 plus 598) (Line 5, above) (a) Includes $ 6,59,499 accrual of discount less $,405,94 amortization of premium and less $,670, paid for accrued interest on purchases. (b) Includes $ 0 accrual of discount less $ 0 amortization of premium and less $ 0 paid for accrued dividends on purchases. (c) Includes $ 0 accrual of discount less $ 5,8 amortization of premium and less $ 89,8 paid for accrued interest on purchases. (d) Includes $ 7,6,447 for company s occupancy of its own buildings; and excludes $ 0 interest on encumbrances. (e) Includes $ 5,48 accrual of discount less $,77 amortization of premium and less $ 58 paid for accrued interest on purchases. (f) Includes $ 0 accrual of discount less $ 6,06,466 amortization of premium. (g) Includes $ 0 investment expenses and $ 0 investment taxes, licenses and fees, excluding federal income taxes, attributable to segregated and Separate Accounts. (h) Includes $ 4,08,004 interest on surplus notes and $ 0 interest on capital notes. (i) Includes $ 8,58,806 depreciation on real estate and $ 0 depreciation on other invested assets. EXHIBIT OF CAPITAL GAINS (LOSSES) 4 5 Total Realized Capital Gain (Loss) (Columns + ) Change in Unrealized Capital Gain (Loss) Change in Unrealized Foreign Exchange Capital Gain (Loss) Realized Gain (Loss) On Sales or Maturity Other Realized Adjustments. U.S. Government bonds (44,06) (44,06). Bonds exempt from U.S. tax. Other bonds (unaffiliated) 88,46,990 (9,6,775) 78,80,6,99,447 5,499,49. Bonds of affiliates. Preferred stocks (unaffiliated) 6,499,0 6,499,0. Preferred stocks of affiliates. Common stocks (unaffiliated) 4,89,68 57,877 4,447,56 (870,747),084. Common stocks of affiliates 5,704,584 5,704,584 (87,9,46). Mortgage loans (7,90,676) (7,90,676) 59,64,64 4. Real estate (40,) (40,) 5. Contract loans 6. Cash, cash equivalents and short-term investments 4,67 4,67 7. Derivative instruments,95,86 6,547,4 486,46,0 (6,9,095) (75,97,9) 8. Other invested assets (,05,4) (4,988,50) (7,9,77) 54,964,77 4,64,98 9. Aggregate write-ins for capital gains (losses),8,704,8,704 (,598,06) 0. Total capital gains (losses) 44,95,087,55,0 548,80,08 (97,07,94) 0,49,706 DETAILS OF WRITE-INS 090. Foreign exchange on funding agreement liabilities (4,559,47) 090. Foreign exchange translation gain (loss),87,947,87,947 960,94 090. Other foreign exchange capital gain (loss) (6,44) (6,44) 0998. Summary of remaining write-ins for Line 9 from overflow page 0999. Totals (Lines 090 thru 090 plus 0998) (Line 9, above),8,704,8,704 (,598,06) 8

9 ANNUAL STATEMENT FOR THE YEAR 07 OF THE EXHIBIT - PART - PREMIUMS AND ANNUITY CONSIDERATIONS FOR LIFE AND ACCIDENT AND HEALTH CONTRACTS Ordinary 5 Group Accident and Health 4 6 7 8 9 0 Aggregate of All Total Industrial Life Life Insurance Individual Annuities Credit Life (Group and Individual) Life Insurance Annuities Group Credit (Group and Individual) Other Other Lines of Business FIRST YEAR (other than single). Uncollected (,454,600) (,454,600). Deferred and accrued 4,47,774 4,47,774. Deferred, accrued and uncollected:. Direct 4,486,807 4,486,807. Reinsurance assumed 7,006,4 7,006,4. Reinsurance ceded 9,474,767 9,474,767.4 Net (Line + Line ) (7,98,86) (7,98,86) 4. Advance,749,749 5. Line.4 - Line 4 (8,0,575) (8,0,575) 6. Collected during year: 6. Direct 5,54,87,464,44,80,556 4,70,06,908 6. Reinsurance assumed,70,6 5,45,99 6,08,657,0,78 6,468 6. Reinsurance ceded 7,94,885 86,48,6 4,776,7 6.4 Net 5,09,64,74,07,48,69 4,4,5,84,0,78 6,468 7. Line 5 + Line 6.4 5,0,5,66,065,470,8 4,4,5,84,0,78 6,468 8. Prior year (uncollected + deferred and accrued - advance) 0,94,805,700,40 6,08,657,0,78 9. First year premiums and considerations: 9. Direct 5,56,959,95,46,75,87 4,70,06,908 9. Reinsurance assumed 4,09,09 4,056,84 6,468 9. Reinsurance ceded 0,86,4 89,09,50 4,776,7 9.4 Net (Line 7 - Line 8) 5,90,6,6,06,769,708 4,8,40,85 6,468 SINGLE 0. Single premiums and considerations: 0. Direct 58,5,07 7,466,855 576,056,45 0. Reinsurance assumed,505,64,505,64 0. Reinsurance ceded 0.4 Net 585,08,947 8,97,496 576,056,45 RENEWAL. Uncollected 56,89,5 8,57,4 5,68,59,70,588. Deferred and accrued 9,6,4 8,9,65 8,086,769. Deferred, accrued and uncollected:. Direct 9,786,7 0,699,40 8,086,769. Reinsurance assumed,7,08 94,850,965 5,68,59,70,588. Reinsurance ceded 68,78,58 68,78,58.4 Net (Line + Line ) 48,8,67 6,8,786 5,68,59 95,788,57 4. Advance 765,55 765,55 5. Line.4 - Line 4 47,45, 6,046,5 5,68,59 95,788,57 6. Collected during year: 6. Direct,98,458,9,48,8,6 8,870,774 767,765,504 6. Reinsurance assumed,008,758,474 958,474,488,45,944 4,440,70,407,67 6. Reinsurance ceded,08,87,566,05,00,009,8,40 6,54 6.4 Net,,44,80,56,94, 7,47,6 (6,54) 79,05,874,407,67 7. Line 5 + Line 6.4,670,797,94,9,40,47 88,09,845 (6,54) 987,994,,407,67 8. Prior year (uncollected + deferred and accrued - advance) 78,9,488,004,95 0,74,706 46,740,486 9. Renewal premiums and considerations: 9. Direct,448,0,489,5,78,80 8,870,774 84,4,905 9. Reinsurance assumed,0,9,4 974,99,4 8,679,767 6,80,840,407,67 9. Reinsurance ceded,088,55,457,055,85,90,8,40 6,54 9.4 Net (Line 7 - Line 8),9,678,45,7,6,05 77,77,8 (6,54) 84,5,745,407,67 TOTAL 0. Total premiums and annuity considerations: 0. Direct 9,548,505,09,405,948,05 5,8,4, 84,4,905 0. Reinsurance assumed,08,50,7 980,555,64 8,679,767 6,80,840,444,40 0. Reinsurance ceded,9,07,70,44,45,4 74,60,5 6,54 0.4 Net (Lines 9.4 + 0.4 + 9.4) 9,67,94,76,4,078,56 5,8,0,775 (6,54) 84,5,745,444,40

0 DIVIDENDS AND COUPONS APPLIED (included in Part ) ANNUAL STATEMENT FOR THE YEAR 07 OF THE EXHIBIT - PART - DIVIDENDS AND COUPONS APPLIED, REINSURANCE COMMISSIONS AND EXPENSE ALLOWANCES AND COMMISSIONS INCURRED (Direct Business Only) Ordinary 5 Group Accident and Health 4 6 7 8 9 0 Total Industrial Life Life Insurance Individual Annuities. To pay renewal premiums 458,87 458,87. All other 5,955,08 5,954,04,0 REINSURANCE COMMISSIONS AND EXPENSE ALLOWANCES INCURRED. First year (other than single):. Reinsurance ceded 0,49,95 9,65,8 6,89,0 Credit Life (Group and Individual) Life Insurance Annuities Group Credit (Group and Individual). Reinsurance assumed 75,8 06,809 0,94 6,46,66. Net ceded less assumed 0,7, 9,547,04 6,78,88 (6,46) (,66) 4. Single: 4. Reinsurance ceded 4. Reinsurance assumed 6,4 79,767 8,646 4. Net ceded less assumed (6,4) (79,767) (8,646) 5. Renewal: 5. Reinsurance ceded 5,77,696 5,69,7 6,44 5. Reinsurance assumed,946,79,5,888 5,66,0 4,56,66 466,979 5. Net ceded less assumed,770,90 4,47,84 (5,66,0) 6,44 (4,56,66) (466,979) 6. Totals: 6. Reinsurance ceded (Page 6, Line 6) 57,0,6 9,45,05 6,89,0 6,44 6. Reinsurance assumed (Page 6, Line ),486,09,60,697 5,86,98 4,78,75 478,65 6. Net ceded less assumed 4,74,60 8,984,408 57,975,0 6,44 (4,78,75) (478,65) COMMISSIONS INCURRED (direct business only) 7. First year (other than single) 567,94,07 6,446,4 05,477,649 8. Single 8,68,07 8,68,07 9. Renewal 7,089,40 8,44,048 87,58,450 9,59,547,0 0. Deposit-type contract funds 4,69,84 4,69,84. Totals (to agree with Page 6, Line ) 88,87,7 444,690,469 46,09,790 9,59,547,0 Other Aggregate of All Other Lines of Business

ANNUAL STATEMENT FOR THE YEAR 07 OF THE EXHIBIT - GENERAL EXPENSES Insurance 5 6 Accident and Health 4 Life Cost Containment All Other All Other Lines of Business Investment Total. Rent 4,57,875 864 5,976,65,65,7,0,086. Salaries and wages 06,048,79 7,554 84,85,65 46,,85 46,994,8. Contributions for benefit plans for employees,94,987 669,708, 0,79,6 55,4,. Contributions for benefit plans for agents 97 97. Payments to employees under non-funded benefit plans,59 5,55 49,090. Payments to agents under non-funded benefit plans. Other employee welfare,46,7,79,89,5,007,777,60. Other agent welfare 7,075 0,67,008 84,70 4. Legal fees and expenses,67, (,9),90,7,669, 4,7,44 4. Medical examination fees,06,694,06,694 4. Inspection report fees 76,6 0,465 8,8 805,00 4.4 Fees of public accountants and consulting actuaries 4,08,8,4 86,46,6, 5,, 4.5 Expense of investigation and settlement of policy claims 0,84 0,84 5. Traveling expenses 4,68,075 59,74,76,6,065 9,7,844 5. Advertising 9,57,40 7 5,90,54 77 4,648,94 5. Postage, express, telegraph and telephone 0,668,,49,57 86,87 4,04,675 5.4 Printing and stationery 4,99,507 9 767,50 76,99 5,76,075 5.5 Cost or depreciation of furniture and equipment,97,749,,80 888,084 4,98,45 5.6 Rental of equipment 69,575 578,06 9,500,47,8 5.7 Cost or depreciation of EDP equipment and software,80,4 9,04 8,995,4 7,065 4,95,74 6. Books and periodicals 60,550 8,94 68,,77 6. Bureau and association fees,,000 690,77 65,658,888,06 6. Insurance, except on real estate 0,974 59,04 9,646 805,660 6.4 Miscellaneous losses 0,,45,566 6.5 Collection and bank service charges 7,899 8,088,8 (4,58) 984,97 6.6 Sundry general expenses (6,5,8) 8,65,66,409,84 6.7 Group service and administration fees 99,08 9,70 8,758 6.8 Reimbursements by uninsured plans 0,8,0,58 7. Agency expense allowance 7. Agents balances charged off (less $ 0 recovered),09,75,09,75 7. Agency conferences other than local meetings,567,569 7,58 0,49,94,56 9. Real estate expenses (40,70),79,88,45,5,864 9. Investment expenses not included elsewhere 05,44,56 7,5 509,05 9. Aggregate write-ins for expenses 58,46,0 67,60 (75,9,454),4,444 95,74,7 0. General expenses incurred 6,997,85 88,0 86,79,456 0,5,58 (a) 80,04,08. General expenses unpaid December, prior year 70,4,755 85,658,47 40,588,9 96,660,4. General expenses unpaid December, current year 04,64,7 84,907,64 4,77,694,96,09. Amounts receivable relating to uninsured plans, prior year 4. Amounts receivable relating to uninsured plans, current year 5. General expenses paid during year (Lines 0+--+4) 579,796,49 88,0 87,544,58 0,09,79 768,468,690 DETAILS OF WRITE-INS 09.0. Contributions 4,65 7,756,50 5,000 8,8,6 09.0. Special Services 57,9,48 67,60 (8,69,),9,444 87,59,6 09.0. Miscellaneous Interest,7,76,4 09.98. Summary of remaining write-ins for Line 9. from overflow page 09.99. Totals (Lines 09.0 thru 09.0 plus 09.98) (Line 9. above) 58,46,0 67,60 (75,9,454),4,444 95,74,7 (a) Includes management fees of $ 0 to affiliates and $,055,957 to non-affiliates. EXHIBIT - TAXES, LICENSES AND FEES (EXCLUDING FEDERAL INCOME TAXES) Insurance 4 5 Life Accident and Health All Other Lines of Business Investment Total. Real estate taxes,5,5,9,5,574. State insurance department licenses and fees,46, 4,49 7,86,55,90. State taxes on premiums 6,59,94 (96,54) 6,6,75 4. Other state taxes, including $ for employee benefits 4,708, 4 7,9 66,47 5,045,89 5. U.S. Social Security taxes 7,586, 60 6,9,9,078,8 6,597,740 6. All other taxes,46,786 5,4 50,906,95,7 7. Taxes, licenses and fees incurred 90,76,54 5,799 6,797,,740,4 0,04,907 8. Taxes, licenses and fees unpaid December, prior year 4,05,46,64,50 5,6 5,7,80 9. Taxes, licenses and fees unpaid December, current year 0,058,04,00,44 0,408,08,96 0. Taxes, licenses and fees paid during year (Lines 7 + 8-9) 84,78,7 5,799 7,47,4,77,0 95,955,60 EXHIBIT 4 - DIVIDENDS OR REFUNDS Life. Applied to pay renewal premiums 458,87. Applied to shorten the endowment or premium-paying period. Applied to provide paid-up additions 5,954,04 4. Applied to provide paid-up annuities,0 5. Total Lines through 4 6,4,595 6. Paid in cash,94,05 7. Left on deposit 7,59 8. Aggregate write-ins for dividend or refund options,40,0 9. Total Lines 5 through 8 0,94,70 0. Amount due and unpaid 55,0. Provision for dividends or refunds payable in the following calendar year 9,7,6. Terminal dividends. Provision for deferred dividend contracts 4. Amount provisionally held for deferred dividend contracts not included in Line 5. Total Lines 0 through 4 9,887,84 6. Total from prior year 0,080,46 7. Total dividends or refunds (Lines 9 + 5-6) 0,7,7 DETAILS OF WRITE-INS 080. Dividends applied to policyholder accumulation values,40,0 080. 080. 0898. Summary of remaining write-ins for Line 8 from overflow page 0899. Totals (Lines 080 thru 080 plus 0898) (Line 8 above),40,0 Accident and Health

ANNUAL STATEMENT FOR THE YEAR 07 OF THE EXHIBIT 5 - AGGREGATE RESERVE FOR LIFE CONTRACTS Valuation Standard Total Industrial 4 Ordinary 5 Credit (Group and Individual) 6 Group 00000. 94 CSO.5% NLP ANB 58-59 0,900 0,900 00000. 94 CSO.50% NLP ANB 48-6 7,78,6 7,78,6 00000. 958 CET.50% NLP ANB 64-7 55,995 55,995 000004. 958 CET.50%/0/.50% NLP ANB 74-8 586,055 586,055 000005. 958 CET 4.00% CRV ANB 8-88 5,66 5,66 000006. 958 CET 4.50% CRV ANB 79-80 4,40 4,40 000007. 958 CSO.50% NLP ANB 64-7 9,747,07 9,747,07 000008. 958 CSO.00% NLP ANB 70-74 6,59 6,59 000009. 958 CSO.50% NLP ANB 70-74,79,654,79,654 00000. 958 CSO.50% YRT,448,8,448,8 0000. 958 CSO.50%/0/.50% NLP ANB 74-8 0,86,050 0,86,050 0000. 958 CSO 4.00% CRV ALB 87-88 47,7,4 47,7,4 0000. 958 CSO 4.00% CRV ANB 74-8 8,6,544 8,6,544 00004. 958 CSO 4.00% NLP ALB 79-04 90,896 90,896 00005. 958 CSO 4.00% NLP ANB 74-8 4,066,9 4,066,9 00006. 958 CSO 4.00% YRT 74,796 74,796 00007. 958 CSO 4.50% CRV ALB 86-9 54,8 54,8 00008. 958 CSO 4.50% CRV ANB 8-88 5,9,86 5,9,86 00009. 958 CSO 4.50% CRVM 6,506 6,506 00000. 958 CSO 4.50% NLP ALB 80-88 0000. 958 CSO 4.50% NLP ANB 8-88,,99,,99 0000. 958 CSO 4.50% YRT 884,50 884,50 0000. 958 CSO 5.50% CRVM,5,5 00004. 958 CSO 5.50% NLP ANB 8-88 7,494,98 7,494,98 00005. 958 CSO 5.50% YRT 6,045 6,045 00006. 958 CSO 6.00% YRT 44,9 44,9 00007. 980 CSO.00% CRV 05-08 7,65,408 7,65,408 00008. 980 CSO.00% NLP 05-08,74,74 00009. 980 CSO.50% CRV 04-08 65,09,559 65,09,559 00000. 980 CSO.50% NLP 04-08,6,6 0000. 980 CSO.00% CRV ANB 98-07,57,59,98,57,59,98 0000. 980 CSO.00% NLP ANB 98-08 55,7,57 55,7,57 0000. 980 CSO.50% CRV ANB 8-08 6,69 6,69 00004. 980 CSO.50% YRT 74,6,765 74,6,765 00005. 980 CSO 4.00% CRV ALB 78-88 4,,089 4,,089 00006. 980 CSO 4.00% CRV ANB 8-08,50,40,8,50,40,8 00007. 980 CSO 4.00% CRVM,860,860 00008. 980 CSO 4.00% NLP ALB 87-9 7,44 7,44 00009. 980 CSO 4.00% NLP ANB 8-08,,89,,099,58,07,9,8 000040. 980 CSO 4.00% YRT 5,76,650 5,76,650 00004. 980 CSO 4.50% CRV ALB 86-88 8,480,0 8,480,0 00004. 980 CSO 4.50% CRV ANB 95-05 8,8,0 8,8,0 00004. 980 CSO 4.50% CRVM 4,48,98 4,48,98 000044. 980 CSO 4.50% NLP ALB 86-0 80 80 000045. 980 CSO 4.50% NLP ANB 8-05,049,98,049,98 000046. 980 CSO 4.50% YRT 9,6,9 9,6,9 000047. 980 CSO 5.00% CRV ANB 9-94 85,8,90 85,8,90 000048. 980 CSO 5.00% CRVM 886,508 886,508 000049. 980 CSO 5.00% NLP ANB 86-94 47,58,566 47,58,566 000050. 980 CSO 5.00% YRT 0,505,49 0,505,49 00005. 980 CSO 5.50% CRV ALB 88 94,767,57 94,767,57 00005. 980 CSO 5.50% CRV ANB 86-9 66,569,4 66,569,4 00005. 980 CSO 5.50% CRVM,588,67,588,67 000054. 980 CSO 5.50% NLP ALB 88-07,, 000055. 980 CSO 5.50% NLP ANB 86-9 876,764,0 876,764,0 000056. 980 CSO 5.50% YRT 7,60,9 7,60,9 000057. 980 CSO 6.00% CRVM 4,79,767 4,79,767 000058. 980 CSO 6.00% NLP ANB YRT REINS,99,99 000059. 980 CSO 6.00% YRT 4,046,86 4,046,86 000060. 00 CSO.00% CRV 07-5 5,77,49,7 5,77,49,7 00006. 00 CSO.00% NLP 07-5 55,7 55,7 00006. 00 CSO.50% CRV 08-5 9,4,04 9,4,04 00006. 00 CSO.50% NLP 08-5 9,78 9,78 000064. 00 CSO.00% CRV 07-5,67,74,968,67,74,968 000065. 00 CSO.00% NLP 06-5 44,7,48 44,7,48 000066. 00 CSO.50% CRV -7 NB,7,595,548,7,595,548 000067. 00 CSO.50% CRV ALB -7 NB 799,6,49 799,6,49 000068. 00 CSO.50% CRVM 9,755 9,755 000069. 00 CSO.50% NLP -7 NB 440,5 440,5 000070. 00 CSO.50% NLP ALB -7 NB,055,055 00007. 00 CSO.50% YRT 6,64,6 6,64,6 00007. 00 CSO.65% CRV ALB 90,75,9 90,75,9 00007. 00 CSO 4.00% CRV 08-48,7,5 48,7,5 000074. 00 CSO 4.00% CRVM,009,009 000075. 00 CSO 4.00% NLP 08-,87,008,87,008 000076. 00 CSO 4.00% YRT 5,95,68 5,95,68 000077. 00 CSO 4.50% CRV 07 8,877 8,877 000078. 00 CSO 4.50% CRVM 7,7 7,7 000079. 00 CSO 4.50% NLP 07,55,66,55,66 000080. 00 CSO 4.50% YRT 74,489,077 74,489,077 00008. 00 CSO 5.00% YRT,896,896 00008. 00 CSO 6.00% YRT 70 70 00008. 07 CSO ANB.50% CRV 07 NB 65,99 65,99 000084. 07 CSO ANB.50% NLP 07 NB,490,0,490,0 000085. AE.50% NLP ANB 45-47 4,6 4,6 000086. AE.75% NLP ANB 4-47 87,79 87,79 000087. AE.00% NLP ANB 08-7 8-45 97,84 97,84 000088. AE.50% NLP ANB 00-4 9,66 9,66 000089. MISCELLANEOUS REINSURANCE ASSUMED 5,048,745 5,048,745 000090. VARIABLE CRVM LESS CSV 45,809,706 45,809,706 099997. Totals (Gross),805,40,9,79,0,685,9,8

ANNUAL STATEMENT FOR THE YEAR 07 OF THE EXHIBIT 5 - AGGREGATE RESERVE FOR LIFE CONTRACTS Valuation Standard Total Industrial 4 Ordinary 5 Credit (Group and Individual) 6 Group 099998. Reinsurance ceded,87,040,005,87,040,005 099999. Life Insurance: Totals (Net) 9,968,6,98 9,955,070,680,9,8 00000. 97 STD ANN.50% 6,7-8,8,9 (I) 7,79 XXX XXX 7,79 00000. 97 STD ANN.75% 79,8 (I),95 XXX XXX,95 00000. 95 GP ANN.5% 7-78,8 (I) 5,666 XXX XXX 5,666 000004. 95 GP ANN-MOD.75% 77-8 (I) 59,60 XXX XXX 59,60 000005. 95 GP ANN-MOD.50% 67-8 (I) 6,947 XXX XXX 6,947 000006. 95 GP ANN-MOD 4.00% 7-8 (I) 4,44 XXX XXX 4,44 000007. 95 GP ANN-MOD 6.00% 7-76 (I) 5,87 XXX XXX 5,87 000008. 97 IAM.50% (D),077,40 XXX,077,40 XXX 000009. 97 IAM 4.00% (D) 9,86,97 XXX 9,86,97 XXX 00000. 97 IAM 6.00% 74-8 (I) 5,07 XXX 5,07 XXX 0000. 97 IAM 6.5% (D) 9, XXX 9, XXX 0000. 97 IAM 6.50% (D),596,05 XXX,596,05 XXX 0000. 97 IAM 7.50% 8-9 (I),48,85 XXX,48,85 XXX 00004. 97 GAM 7.50% CARVM 84-85 (I) 68,74 XXX XXX 68,74 00005. 97 GAM 9.75% CARVM 84 (I) 0,06 XXX XXX 0,06 00006. 97 GAM.00% CARVM 85 (I),75 XXX XXX,75 00007. 97 GAM.5% CARVM 84 (I) 6,704 XXX XXX 6,704 00008. 97 GP ANN 7.50% 84 (I) 86,,96 XXX XXX 86,,96 00009. 97 GP ANN 7.75% 8 (I) 4,689,7 XXX XXX 4,689,7 00000. 97 GP ANN 9.75% 8-84 (I),5,708 XXX XXX,5,708 0000. 97 GP ANN 0.75% 8-84 (I) 4,05,075 XXX XXX 4,05,075 0000. 97 GP ANN.5% 8-84 (I),8,75 XXX XXX,8,75 0000. 97 GP ANN-MOD 0.00% 85 (I) 0,0 XXX XXX 0,0 00004. 97 GP ANN-MOD.00% 8 (I) 65,5 XXX XXX 65,5 00005. 97 GP ANN-MOD.00% 85 (I),044 XXX XXX,044 00006. 97 GP ANN-MOD 4.00% 7-8 (I),0,55 XXX XXX,0,55 00007. 97 GP ANN-MOD 5.00% 75-85 (I) 9,97 XXX XXX 9,97 00008. 97 GP ANN-MOD 6.00% 74-9 (I),87,680 XXX XXX,87,680 00009. 97 GP ANN-MOD 6.75% 9 (I),546 XXX XXX,546 00000. 97 GP ANN-MOD 7.00% 80-86 (I) 640,767 XXX XXX 640,767 0000. 97 GP ANN-MOD 7.50% 79-9 (I) 8,440,877 XXX XXX 8,440,877 0000. 97 GP ANN-MOD 8.00% 8-90 (I),6,598 XXX XXX,6,598 0000. 97 GP ANN-MOD 8.50% 8-87 (I) 8,648 XXX XXX 8,648 00004. 97 IAM 7.50% CARVM 84-85 (I) 4,868 XXX 4,868 XXX 00005. 97 IAM 9.50% CARVM 85 (I),6 XXX,6 XXX 00006. 97 IAM.00% CARVM 85 (I) 9,04 XXX 9,04 XXX 00007. 97 IAM.5% CARVM 84 (I),96,57 XXX,96,57 XXX 00008. 98 GP ANN 6.00% 87,90 (I) 96,44,078 XXX XXX 96,44,078 00009. 98 GP ANN 6.5% 88-89 (I) 94,04,894 XXX XXX 94,04,894 000040. 98 GP ANN 6.50% 86,94 (I) 87,04,597 XXX XXX 87,04,597 00004. 98 GP ANN 6.75% 96-97 (I) 9,7,8 XXX XXX 9,7,8 00004. 98 GP ANN 7.00% 9 (I) 5,904,5 XXX XXX 5,904,5 00004. 98 GP ANN 7.5% 87,90,95 (I) 45,09,780 XXX XXX 45,09,780 000044. 98 GP ANN 7.50% 85,88,89 (I) 6,96,685 XXX XXX 6,96,685 000045. 98 GP ANN 7.75% 87,88,9 (I) 58,959,65 XXX XXX 58,959,65 000046. 98 GP ANN 8.00% 86,87,90 (I) 48,790,5 XXX XXX 48,790,5 000047. 98 GP ANN 8.5% 89-9 (I) 4,88,69 XXX XXX 4,88,69 000048. 98 GP ANN 8.50% 88 (I) 7,07,65 XXX XXX 7,07,65 000049. 98 GP ANN 8.75% 86,88,89 (I),89,875 XXX XXX,89,875 000050. 98 GP ANN 9.5% 86 (I) 7,9,80 XXX XXX 7,9,80 00005. 98 GP ANN 9.50% 85 (I) 8,080,50 XXX XXX 8,080,50 00005. 98 GP ANN 0.50% 85 (I) 0,645,77 XXX XXX 0,645,77 00005. 98 GP ANN.00% 85 (I) 8,0,694 XXX XXX 8,0,694 000054. 98 GP ANN-MOD.9% 96 (I) 67,66 XXX XXX 67,66 000055. 98 GP ANN-MOD 4.00% 98-00 (I),99 XXX XXX,99 000056. 98 GP ANN-MOD 4.4% 97 (I) 04,897 XXX XXX 04,897 000057. 98 GP ANN-MOD 4.50% 94-97 (I) 87,475 XXX XXX 87,475 000058. 98 GP ANN-MOD 5.00% 9-00 (I) 90,90 XXX XXX 90,90 000059. 98 GP ANN-MOD 5.5% 98-99 (I) 9,80 XXX XXX 9,80 000060. 98 GP ANN-MOD 5.50% 89-99 (I),8,789 XXX XXX,8,789 00006. 98 GP ANN-MOD 5.75% 9-00 (I) 8,75 XXX XXX 8,75 00006. 98 GP ANN-MOD 6.00% 87-99 (I) 4,987,740 XXX XXX 4,987,740 00006. 98 GP ANN-MOD 6.5% 94-99 (I),66,064 XXX XXX,66,064 000064. 98 GP ANN-MOD 6.50% 9-97 (I),709,798 XXX XXX,709,798 000065. 98 GP ANN-MOD 6.75% 90-98 (I) 740,4 XXX XXX 740,4 000066. 98 GP ANN-MOD 7.00% 85-96 (I),09,6 XXX XXX,09,6 000067. 98 GP ANN-MOD 7.5% 89-96 (I) 975,04 XXX XXX 975,04 000068. 98 GP ANN-MOD 7.50% 8-96 (I) 0,697,664 XXX XXX 0,697,664 000069. 98 GP ANN-MOD 8.00% 84-9 (I),959,85 XXX XXX,959,85 000070. 98 GP ANN-MOD 8.50% 8-89 (I),9,00 XXX XXX,9,00 00007. 98 GP ANN-MOD 9.00% 85-88 (I),504,405 XXX XXX,504,405 00007. 98 GP ANN-MOD 9.50% 84-86 (I) 67,66 XXX XXX 67,66 00007. 98 GP ANN-MOD 0.00% 8-86 (I) 0,458 XXX XXX 0,458 000074. 98 GP ANN-MOD 0.50% 8-85 (I) 95,59 XXX XXX 95,59 000075. 98 GP ANN-MOD.00% 85 (I) 60,5 XXX XXX 60,5 000076. 98 TABLE A 4.00% (D) 0,46,70 XXX 0,46,70 XXX 000077. 98 TABLE A 6.00% 9-99 (I),858,55 XXX,858,55 XXX 000078. 98 TABLE A.75% CARVM - (I) 699,056,404 XXX 699,056,404 XXX 000079. 98 TABLE A 4.75% CARVM 88,9, (I) 5,987 XXX 5,987 XXX 000080. 98 TABLE A 5.50% CARVM 86-94 (I),60,98,55 XXX,60,98,55 XXX 00008. 98 TABLE A 5.50% CARVM 96 (D) 4,08 XXX 4,08 XXX 00008. 98 TABLE A 6.00% CARVM 95 (D) 5,809 XXX 5,809 XXX 00008. 98 TABLE A 6.50% CARVM 87 90 94 (I,D) 5,6,04 XXX 5,6,04 XXX 000084. 98 TABLE A 6.75% CARVM 9 96-97 (I,D) 647,0 XXX 647,0 XXX 000085. 98 TABLE A 7.00% CARVM 88-89 9 (I,D) 87,99,6 XXX 87,99,6 XXX 000086. 98 TABLE A 7.5% CARVM 86 95 (I,D),04,9 XXX,04,9 XXX 000087. 98 TABLE A 7.75% CARVM 9 (I) 06,849 XXX 06,849 XXX 000088. 98 TABLE A 8.00% CARVM 87 (I) 0, XXX 0, XXX 000089. 98 TABLE A 8.5% CARVM 90-9 (I) 0,407 XXX 0,407 XXX.