Earnings: Phoenix, Aetna, Assurant

NET INCOME: $6.2 million

REVENUE: $608 million

NET REALIZED INVESTMENT CHANGE: $26 million loss

2 Q 2007 Results

NET INCOME: $31 million

REVENUE: $627 million

NET REALIZED INVESTMENT CHANGE: $1.6 million loss

- Life insurance sales increased to $69 million, from $63 million.

- The net flow of assets into annuities increased to $27 million, from $9.1 million, in part because of a new distribution relationship with State Farm Mutual Automobile Insurance Company, Bloomington, Ill.

Aetna Inc., Hartford

2 Q 2008 Results

NET INCOME: $480 million

REVENUE: $7.8 billion

NET REALIZED CAPITAL CHANGE: $22 million loss

MEDICAL MEMBERSHIP: 17 million

2 Q 2007 Results

NET INCOME: $451 million

REVENUE: $6.8 billion

NET REALIZED CAPITAL CHANGE: $47 million loss

MEDICAL MEMBERSHIP: 16 million

- Favorable disability claims experience helped increase net income at the group life, disability and long term care unit to $34 million, from $26 million, even though unit revenue fell to $496 million, from $532 million.

Assurant Inc., New York

2 Q 2008 Results

NET INCOME: $190 million

REVENUE: $2.2 billion

NET REALIZED INVESTMENT CHANGE: $36 million loss

2 Q 2007 Results

NET INCOME: $166 million

REVENUE: $2.1 billion

NET REALIZED INVESTMENT CHANGE: $3.1 million loss

- Operating income fell to $28 million, from $34 million, at Assurant Health, Milwaukeee, and to $19 million, from $22. million, at Assurant Employee Benefits.

- At Assurant Health, small group health premiums fell, and individual medical claims experience was less favorable.

- At Assurant Employee Benefits, claims experience was less favorable and income from real estate joint venture partnerships fell.