ING Takes Charge of at Least $1.2 Billion on U.S. Annuities

ING Takes Charge of at Least $1.2 Billion on U.S. Annuities

Jock Fistick/Bloomberg

The ING Groep NV headquarter's stand in Amsterdam. ING plans to provide a contingent funding facility of about 1.1 billion euros to its U.S. insurance business to ensure compliance with regulatory requirements.