MetLife 2013 Annual Report Download - page 169
Download and view the complete annual report
Please find page 169 of the 2013 MetLife annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159 -
160 -
161 -
162 -
163 -
164 -
165 -
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
 |
 |
MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)
10. Fair Value (continued)
Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Fixed Maturity Securities:
U.S.
Corporate Foreign
Corporate Foreign
Government
U.S
Treasury
and Agency RMBS CMBS ABS
State and
Political
Subdivision
(In millions)
Year Ended December 31, 2012:
Balance at January 1, ....................... $ 6,784 $ 4,370 $ 2,322 $ 31 $ 1,602 $ 753 $1,850 $ 53
Total realized/unrealized gains
(losses) included in:
Net income (loss): (1), (2)
Net investment income .................. 14 20 14 — 27 8 18 —
Net investment gains (losses) .............. 4 (78) (3) — (7) (42) 2 —
Net derivative gains (losses) ............... — — — — — — — —
Other revenues ........................ — — — — — — — —
Policyholder benefits and claims ........... — — — — — — — —
Other expenses ........................ — — — — — — — —
OCI ................................... 328 294 45 — 275 (4) (2) 3
Purchases (3) ............................. 1,718 2,654 431 48 952 682 2,007 5
Sales (3) .................................. (1,207) (855) (673) (8) (704) (397) (177) (7)
Issuances (3) .............................. — — — — — — — —
Settlements (3) ............................. — — — — — — — —
Transfers into Level 3 (4) ..................... 661 186 28 — 161 177 6 —
Transfers out of Level 3 (4) ................... (869) (383) (350) — (269) (30) (48) —
Balance at December 31, .................... $ 7,433 $ 6,208 $ 1,814 $ 71 $ 2,037 $1,147 $3,656 $ 54
Changes in unrealized gains (losses) included in net
income (loss): (5)
Net investment income .................. $ 12 $ 19 $ 16 $ — $ 27 $ 2 $ 18 $ —
Net investment gains (losses) .............. $ (4) $ (30) $ — $ — $ (4) $ (1) $ — $ —
Net derivative gains (losses) ...............$ — $ — $ — $ — $ — $ — $ — $ —
Other revenues ........................ $ — $ — $ — $ — $ — $ — $ — $ —
Policyholder benefits and claims ........... $ — $ — $ — $ — $ — $ — $ — $ —
Other expenses ........................$ — $ — $ — $ — $ — $ — $ — $ —
MetLife, Inc. 161