AIG 2013 Annual Report Download - page 168

The following table presents the fair values of our available for sale U.S. municipal bond portfolio by state
and municipal bond type:
State:
California
New York
Texas
Massachusetts
Washington
Illinois
Florida
Virginia
Georgia
Arizona
Maryland
Ohio
Wisconsin
All other states
Total(a)(b)
(a) Excludes certain university and not- for- profit entities that issue their bonds in the corporate debt market. Includes industrial revenue bonds.
(b) Includes $6.1 billion of pre-refunded municipal bonds.
The following table presents the industry categories of our available for sale corporate debt securities:
Financial institutions:
Money Center /Global Bank Groups $ 12,300
Regional banks – other 885
Life insurance 4,180
Securities firms and other finance companies 636
Insurance non-life 5,429
Regional banks – North America 7,729
Other financial institutions 7,633
Utilities 24,993
Communications 11,744
Consumer noncyclical 17,307
Capital goods 9,697
Energy 11,275
Consumer cyclical 10,781
Basic 9,753
Other 16,770
Total*$ 151,112
* At December 31, 2013 and December 31, 2012, approximately 93 percent and 94 percent of these investments were rated investment grade,
respectively.
Investments in Corporate Debt Securities
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AIG 2013 Form 10-K150
ITEM 7 / INVESTMENTS
State Local Total
December 31, 2013 General General Fair
(in millions) Obligation Obligation Revenue Value
$ 649 $ 999 $ 2,647 $ 4,295
27 774 3,392 4,193
226 2,081 1,797 4,104
712 – 746 1,458
562 192 626 1,380
151 540 686 1,377
287 9 834 1,130
87 113 780 980
434 155 365 954
– 146 690 836
404 76 158 638
169 54 401 624
288 29 294 611
1,344 888 4,568 6,800
$ 5,340 $ 6,056 $ 17,984 $ 29,380
Fair Value at Fair Value at
Industry Category December 31, December 31,
(in millions) 2013 2012
$ 11,250
594
3,918
458
4,899
6,875
7,900
22,645
10,590
17,420
9,082
12,072
10,787
9,855
16,207
$ 144,552
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