The Hartford 2012 Annual Report Download - page 113

Table of Contents
The following table presents the Company’s AFS securities by type, as well as fixed maturities, FVO.
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Asset-backed securities (“ABS”)
Consumer loans $2,234 $29 $(116) $ 2,147 2.5%$2,688 $34 $(208) $ 2,514 3.1%
Small business 336 7 (67) 276 0.3%418 1(123)296 0.4%
Other 313 27 — 340 0.4%324 20 (1)343 0.4%
Collateralized debt obligations
("CDOs")
Collateralized loan obligations
(“CLOs”) 2,197 — (68) 2,129 2.5%2,334 —(181)2,153 2.6%
Commercial real estate ("CREs") 420 44 (80)384 0.4%485 16 (167) 334 0.4%
Other [1] 553 16 (11)527 0.6%— — — — —%
Commercial mortgage-backed
securities ("CMBS")
Agency backed [2] 962 79 —1,041 1.2%637 40 —677 0.8%
Bonds 4,535 293 (160)4,668 5.4%5,992 182 (487)5,687 7.0%
Interest only (“IOs”) 586 45 (19) 612 0.7%563 49 (25) 587 0.7%
Corporate
Basic industry [1] 3,741 369 (6) 4,104 4.8%3,690 309 (19) 3,979 4.9%
Capital goods 3,109 389 (2)3,496 4.1%3,327 331 (33)3,625 4.4%
Consumer cyclical 2,423 266 (5) 2,684 3.1%2,277 206 (8)2,475 3.0%
Consumer non-cyclical 5,927 759 (7)6,679 7.8%5,985 644 (13)6,616 8.1%
Energy 3,816 499 (3)4,312 5.0%3,338 381 (15) 3,704 4.5%
Financial services 7,230 604 (211)7,623 8.9%7,763 334 (526)7,571 9.3%
Tech./comm. 3,971 526 (16) 4,481 5.2%4,357 443 (61) 4,739 5.8%
Transportation 1,393 163 (2)1,554 1.8%1,285 123 (6) 1,402 1.7%
Utilities 7,792 1,017 (24)8,785 10.2%8,236 857 (38)9,055 11.2%
Other [1] 292 39 — 331 0.4%903 33 (20) 845 1.0%
Foreign govt./govt. agencies 3,985 191 (40) 4,136 4.8%2,030 141 (10)2,161 2.6%
Municipal Taxable 2,235 246 (15) 2,466 2.9%1,688 120 (51) 1,757 2.1%
Tax-exempt 10,766 1,133 (4)11,895 13.9%10,869 655 (21)11,503 14.1%
Residential mortgage-backed
securities ("RMBS")
Agency 5,906 259 (3)6,162 7.2%4,436 222 — 4,658 5.7%
Non-agency — — — — —%62 —(2) 60 0.1%
Alt-A 38 —(1)37 —%115 5(21)99 0.1%
Sub-prime 1,374 36 (129) 1,281 1.5%1,348 25 (433)940 1.1%
U.S. Treasuries 3,613 175 (16) 3,772 4.4%3,828 203 (2) 4,029 4.9%
       
Equity securities
Financial services 331 15 (42)304
479 10 (187)302
Other 535 66 (15) 586
577 58 (16) 619
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  
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    
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
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[1] Gross unrealized gains (losses) exclude the fair value of bifurcated embedded derivative features of certain securities. Changes in value are recorded in
net realized capital gains (losses).
[2] Includes securities with pools of loans issued by the Small Business Administration which are backed by the full faith and credit of the U.S.
government.
[3] Includes investments relating to the sales of the Retirement Plans and Individual Life businesses; see Note 2 - Business Dispositions of the Notes to the
Consolidated Financial Statements for further discussion of this transaction.
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