1、2Protectives Business at a Glance$2.21/$1.47OperatingNet$2.48/$2.52$2.79/$3.07$3.32/$3.30$3.70/$3.4620012002200320042005Operating/Net Income Per Share$19.7(In Billions)$21.9$24.5$27.2$29.020012002200320042005AssetsExcluding FAS 115 adjustments and accumulated other comprehensive income$19.63$21.62$2
2、4.20$26.93$29.8220012002200320042005Book Value Per ShareIncludes asset valuation reserve$883(In Millions)$1,042$1,305$1,512$1,53020012002200320042005Consolidated Statutory Capital&SurplusPlease refer to Financial Summary information on page 10 for a reconciliation of operatingincome to net income an
3、d book value per share(share-owners equity per share)excluding FAS115 adjustments and accumulated other comprehensive income to share-owners equity pershare.3MAJOR PRODUCTSTerm Life InsuranceUniversal life InsuranceVariable Universal Life InsuranceDISTRIBUTIONBrokerage General AgentsIndependent Pers
4、onal Producing AgentsStockbrokers/Financial PlannersDirect Response MarketersMAJOR PRODUCTSClosed blocks of traditional life and annuity productsMAJOR PRODUCTSGuaranteed Investment ContractsFunding AgreementsRegistered Retail FundingAgreement-backed NotesDISTRIBUTIONConsultantsBrokersFinancial Inter
5、mediariesMAJOR PRODUCTSMarket Value Adjusted AnnuitiesImmediate AnnuitiesEquity Indexed AnnuitiesVariable AnnuitiesDISTRIBUTIONRegional StockbrokersBanksBrokerage General AgentsIndependent Personal Producing AgentsMAJOR PRODUCTSVehicle Service ContractsMarine Service ContractsCredit InsuranceDISTRIB
6、UTIONAutomobile DealersMarine DealersLife Marketing$125.6$89.6$159.2$165.9$163.720022001200320042005Acquisitions$68.0$95.1$95.2$87.3$80.620012002200320042005Stable Value Products$33.2$42.3$38.9$53.2$54.820012002200320042005$31.9Annuities$16.9$15.7$13.4$16.520012002200320042005Asset Protection$36.3$(