The Phoenix Companies, Inc. (Phoenix) is a holding company. The Company�s operating subsidiaries provide life insurance and annuity products through agents and financial advisors. The Company operates in two businesses segments: Life and Annuity, and Saybrus Partners, Inc. (Saybrus). The Life and Annuity segment includes individual life insurance and annuity products. Life insurance includes whole life, universal life, indexed universal life and variable universal life. Annuity products include fixed indexed annuities, fixed annuities, single premium immediate annuities and variable annuities. The Saybrus segment provides life insurance and other consulting services to financial advisors in partner companies, as well as sales of Phoenix�s product line through distribution organizations. The Company�s subsidiaries are Phoenix Life Insurance Company (Phoenix Life) and PHL Variable Insurance Company (PHL Variable).