Assurant 2010 Annual Report Download - page 121

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F-51ASSURANT, INC.2010 Form 10K
22 Retirement and Other Employee Benefi ts
Retirement Health Benefi ts
Financial Assets
December 31, 2010
Total Level 1 Level 2 Level 3
Cash and cash equivalents:
Short-term investment funds $ 674 $ — $ 674 —
Equity securities:
Common stock- U.S. listed small cap 3,166 3,166 — —
Mutual funds- U.S. listed large cap 10,381 10,381 — —
Common/collective trust- foreign listed 3,724 — 3,724 —
Fixed maturity securities:
U.S. & foreign government and government agencies and authorities 4,932 — 4,932 —
Corporate- U.S & foreign investment grade 11,316 — 11,316 —
Corporate- U.S & foreign high yield 2,206 — 2,206 —
Investment fund:
Multi-strategy hedge fund 2,878 — — 2,878
Derivatives:
Interest rate swap 113 — 113 —
TOTAL FINANCIAL ASSETS $ 39,3901 $ 13,547 $ 22,965 $ 2,878
(1) The difference between the fair value of plan assets above and the amount used in determining the funded status is due to interest receivable which is not required to be included in the
fair value hierarchy.
e fair value hierarchy for the Company’s qualifi ed pension plan and other post retirement benefi t plan assets at December 31, 2009 by asset
category, is as follows:
Qualifi ed Pension Benefi ts
Financial Assets
December 31, 2009
Total Level 1 Level 2 Level 3
Cash and cash equivalents:
Short-term investment funds $ 9,999 $ — $ 9,999 $ —
Equity securities:
Common stock- U.S. listed small cap 33,908 33,908 — —
Mutual funds- U.S. listed large cap 126,629 126,629 — —
Common/collective trust- foreign listed 44,568 — 44,568 —
Fixed maturity securities:
U.S. & foreign government and government agencies and authorities 35,835 — 35,835 —
Corporate- U.S & foreign investment grade 136,656 — 136,656 —
Corporate- U.S & foreign high yield 25,078 — 25,078 —
Investment fund:
Multi-strategy hedge fund 36,631 — — 36,631
Derivatives:
Interest rate swap 8,666 — 8,666 —
TOTAL FINANCIAL ASSETS $ 457,9701 $ 160,537 $ 260,802 $ 36,631
(1) The difference between the fair value of plan assets above and the amount used in determining the funded status is due to interest receivable which is not required to be included in the
fair value hierarchy.