836658--3/30/2006--ING_USA_ANNUITY_&_LIFE_INSURANCE

related topics

{loss, insurance, financial}

{regulation, change, law}

{capital, credit, financial}

{condition, economic, financial}

{customer, product, revenue}

{system, service, information}

{financial, litigation, operation}

{regulation, government, change}

{competitive, industry, competition}

Equity market volatility could negatively impact profitability and financial condition Efforts to reduce the impact of interest rate changes on profitability and financial condition may not be effective The continued threat of terrorism and ongoing military and other actions may result in decreases in the Company s net income, revenue and assets under management and may adversely affect the Company s investment portfolio. Changes in underwriting and actual experience could materially affect profitability Changes in reserve estimates may reduce profitability A downgrade in the Company s ratings may negatively affect profitability and financial condition The continued availability of capital may affect the ability to grow A loss of key product distribution relationships could materially affect sales Competition could negatively affect the ability to maintain or increase profitability Changes in federal income tax law could make some products less attractive to contractowners and increase tax costs Litigation may adversely affect profitability and financial condition Changes in regulation in the United States and recent regulatory investigations may reduce profitability Changes in accounting standards issued by the Financial Accounting Standards Board or other standard-setting bodies may adversely affect profitability and financial condition Reinsurance subjects the Company to the credit risk of reinsurers and may not be adequate to protect against losses arising from ceded reinsurance Reinsurance may be unavailable at historical levels and prices, which may limit the ability to sell new business A failure of the Company s operating systems or a compromise of their security could adversely affect the Company s results of operation and financial condition.

Full 10-K form ▸

836658--3/30/2006--ING_USA_ANNUITY_&_LIFE_INSURANCE_CO