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FORM N-SAR
ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report as of the end of annual period: 12/31/98 (a)
or fiscal year: / / (b)
Is this a transition report? (Y or N): N
Is this an amendment to a previous filing? (Y or N): N
1.A) Registrant Name: HARTFORD LIFE AND ANNUITY INSURANCE COMPANY SEPARATE
ACCOUNT ONE
B) File Number: 811-7426
C) Telephone Number: 860-843-6394
2.A) Street: PO BOX 2999
B) City: HARTFORD C) State: CT D) Zip Code: 06104 Zip Ext.: 2999
Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by the Registrant? (Y or N) ---N---
4. Is this the last filing on this form by the Registrant? (Y or N) ---N---
5. Is Registrant a small business investment company (SBIC)? (Y or N) ---N---
6. Is Registrant a unit investment trust (UIT)? (Y or N) -------------Y------
111. A) Depositor Name (if any): HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
B) File Number:
C) City: HARTFORD State: CT Zip Code: 06104 Zip Ext.:2999
Foreign Country: Foreign Postal Code:
112. A) Sponsor Name (if any): HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
B) File Number:
C) City: HARTFORD State: CT Zip Code: 06104 Zip Ext.:2999
Foreign Country: Foreign Postal Code:
PRINCIPAL UNDERWRITER
114. A) Underwriter Name (if any): HARTFORD SECURITIES DISTRIBUTION
COMPANY, INC.
B) File Number: 8-48097
C) City: HARTFORD State: CT Zip Code: 06104 Zip Ext.: 2999
Foreign Country: Foreign Postal Code:
INDEPENDENT PUBLIC ACCOUNTANT
115. A) Accountant Name: ARTHUR ANDERSEN & COMPANY
B) City: HARTFORD State: CT Zip Code: 06103 Zip Ext.:
Foreign Country: Foreign Postal Code:
116. Family of investment companies information:
A) Is Registrant part of a family of investment companies? (Y or N) N
B) If 'Y' (Yes), state the number of registered management
investment companies in the family:
(NOTE: Count as a separate company each series of a series company
and each portfolio of a multiple portfolio company; exclude
all series of unit investment trusts from this number.)
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117. a) Is Registrant a separate account of an insurance company? (Y or N) Y
If answer is Yes, are any of the following types of contracts
funded by the registrant?:
b) Variable annuity contracts? (Y/N) Y
c) Scheduled premium variable life contracts? (Y/N) N
d) Flexible premium variable life contracts? (Y/N) N
e) Other types of insurance products registered under the Securities
Act of 1933? (Y/N) N
118. State the number of series existing at the end of the period that had
securities registered under the Securities Act of 1933. 1
119. State the number of new series for which registration statements under
the Securities Act of 1933 became effective during the period. 0
120. State the total value of the portfolio securities on the date of deposit
for the new series included in item 119 ($000's) $0
121. State the number of series for which a current prospectus was in
existence at the end of the period 1
122. State the number of existing series for which additional units were
registered under the Securities Act of 1933 during the current period 0
123. State the total value of the additional units considered in answering
item 122 ($000's omitted) $0
124. State the total value of units of prior series that were placed in the
portfolios of a subsequent series during the current period (the value
of the units is to be measured on the date they were placed in the
subsequent series) ($000's omitted) $0
125. State the total amount of sales loads collected (before re-allowances
to other brokers or dealers) by Registrant's principal underwriter and
any underwriter which is an affiliated person of the principal
underwriter during the current period solely from the sale of units of
all series of registrant ($000's omitted) $0
126. Of the amount shown in Item 125, state the total dollar amount of sales
loads collected from secondary market operations in registrant's units
(include the sales loads, if any, collected on units of a prior series
placed in the portfolio of a subsequent series.) ($000's omitted) $0
127. List opposite the appropriate description below the number of series
whose portfolios are invested primarily (Based upon a percentage of
NAV)in each type of security shown, the aggregate total assets at market
value as of a date at or near the end of the current period of each such
group of series and the total income distributions made by each such
group of series during the current period (excluding distribution of
realized gains, if any):
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<TABLE>
<CAPTION>
Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted) ($000's omitted)
--------- -------- ---------------
<S> <C> <C> <C>
A. U.S. Treasury direct issue ----- ----- -----
B. U.S. Government agency ----- ----- -----
C. State and municipal tax-free ----- ----- -----
D. Public utility debt ----- ----- -----
E. Brokers or dealers debt or debt of
brokers' or dealers parent ----- ----- -----
F. All other corporate interned & long
term debt ----- ----- -----
G. All other corporate short-term debt ----- ----- -----
H. Equity securities of brokers or
dealers or parents of brokers or dealers ----- ----- -----
I. Investment company equity securities ----- ----- -----
J. All other equity securities ----- $16,439,586 $249,737
K. Other securities ----- ----- -----
L. Total assets of all series of registrant ----- $16,439,586 $249,737
</TABLE>
128. Is the timely payment of principal and interest on any of the
portfolio securities held by any of the Registrant's series at the
end of the current period insured or guaranteed by an entity other than
the issuer? (Y or N) N
131. Total expenses incurred by all series of Registrant during the current
reporting period ($000's omitted) $168,399
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To Hartford Life and Annuity Insurance Company
Separate Account One and to the
Owners of Units of Interest Therein:
In planning and performing our audit of the financial statements of Hartford
Life and Annuity Insurance Company Separate Account One (the Account) for the
year ended December 31, 1998, we considered its internal control, including
control activities for safeguarding securities, in order to determine our
auditing procedures for the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-SAR, not to provide
assurance on internal control.
The management of the Account is responsible for establishing and maintaining
internal control. In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and related costs of
controls. Generally, controls that are relevant to an audit pertain to the
entity's objective of preparing financial statements for external purposes that
are fairly presented in conformity with generally accepted accounting
principles. Those controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, error or fraud may occur
and not be detected. Also, projection of any evaluation of internal control to
future periods is subject to the risk that it may become inadequate because of
changes in conditions or that the effectiveness of the design and operation may
deteriorate.
Our consideration of internal control would not necessarily disclose all matters
in internal control that might be material weaknesses under standards
established by the American Institute of Certified Public Accountants. A
material weakness is a condition in which the design or operation of one or more
of the internal control components does not reduce to a relatively low level the
risk that misstatements caused by error or fraud in amounts that would be
material in relation to the financial statements being audited may occur and not
be detected within a timely period by employees in the normal course of
performing their assigned functions. However, we noted no matters involving
internal control and its operation, including controls for safeguarding
securities, that we consider to be material weaknesses as defined above as of
December 31, 1998.
This report is intended solely for the information and use of management and the
Securities and Exchange Commission.
Hartford, Connecticut
February 16, 1999
