ING Groep NV (ING) is the Netherlands-based company engaged in the financial industry. The Company offers banking, insurance and retirement services. ING�s business activities are divided into two main sectors. The Banking sector combines Retail Banking for individuals, small and medium enterprises, as well as Commercial Banking for governments, corporations and institutions clients. The Insurance sector is divided into seven segments: Netherlands Life offers life insurance products and pensions; Netherlands Non-life segment provides motor, transport, fire, liability and travel products; Insurance Europe comprises life and non-life insurance in Europe; Japan Life offers corporate owned life insurance (COLI); Investment Management provides investment products and advisory services; Other segment combines the business of Nationale-Nederlanden Bank, ING Reinsurance and Holding; Japan Closed Block VA consists of the closed block single premium variable annuities (SPVA).