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              [html]<thead><tr><td>billion. Total assets under management rose 8 percent to $ 198 billion. Operating income rose</td></tr></thead><tbody><tr><td>7 percent to $ 1.034 billion, or $ 4.28 per diluted share, excluding the $ 440 million impact of</td></tr><tr><td>Sept. 11 ( after tax and net of reinsurance ) and a $ 130 million tax benefit in our life operations.</td></tr><tr><td>The results attest to the resilience of our enterprise. With our strong and balanced</td></tr><tr><td>portfolia of businesses, we consistently demonstrate superior financial performance. Since</td></tr><tr><td>1995, we ve produced 13 percent annualized operating earnings - per - share growth, excluding</td></tr><tr><td>the effects of Sept. 11 and the tax benefit in 2001, and 13 percent annualized growth in assets</td></tr><tr><td>under management. Excluding the effect of Sept. 11 and the tax benefit, operating return on</td></tr></tbody>
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