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ING U.S. Seeks to Achieve Operating ROE of 12% to 13%

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March 19 (Bloomberg) -- ING U.S. Inc., an insurance subsidiary of the largest Dutch financial-services company, said it’s seeking to achieve an operating return on equity of 12 percent to 13 percent by 2016.

The unit of ING Groep NV disclosed the return-on-equity target for its ongoing business in an updated regulatory filing for an initial public offering.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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