Assurant 2012 Annual Report Download - page 126

Download and view the complete annual report

Please find page 126 of the 2012 Assurant 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.

Page out of 144

  • 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

ASSURANT, INC.2012 Form10-KF-50
20 Retirement and Other Employee Bene ts
e fair value hierarchy for the Company’s quali ed pension plan and other post retirement bene t plan assets at December31, 2012 by asset
category, is as follows:
Quali ed Pension Bene ts
Financial Assets
December31, 2012
Total
Level 1 Level 2 Level 3
Cash and cash equivalents:
Short-term investment funds $ 18,288 $ 0 $ 18,288 $ 0
Equity securities:
Common stock- U.S. listed small cap 53,327 53,327 0 0
Mutual funds- U.S. listed large cap 168,933 168,933 0 0
Common/collective trust- foreign listed 67,065 0 67,065 0
Fixed maturity securities:
U.S.& foreign government and government agencies and authorities 96,622 0 96,622 0
Corporate- U.S& foreign investment grade 202,434 0 202,434 0
Corporate- U.S& foreign high yield 40,346 0 40,346 0
Investment fund:
Multi-strategy hedge fund 54,333 0 0 54,333
Private equity 65 0 0 65
Derivatives:
Interest rate swap 14,622 0 14,622 0
TOTAL FINANCIAL ASSETS $ 716,0351 $ 222,260 $ 439,377 $ 54,398
(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.
Retirement Health Bene ts
Financial Assets
December31, 2012
Total Level 1 Level 2 Level 3
Cash and cash equivalents:
Short-term investment funds $ 1,185 $ 0 $ 1,185 $ 0
Equity securities:
Common stock- U.S. listed small cap 3,453 3,453 0 0
Mutual funds- U.S. listed large cap 10,939 10,939 0 0
Common/collective trust- foreign listed 4,343 0 4,343 0
Fixed maturity securities:
U.S.& foreign government and government agencies and authorities 6,257 0 6,257 0
Corporate- U.S& foreign investment grade 13,109 0 13,109 0
Corporate- U.S& foreign high yield 2,613 0 2,613 0
Investment fund:
Multi-strategy hedge fund 3,518 0 0 3,518
Private equity 4 0 0 4
Derivatives:
Interest rate swap 947 0 947 0
TOTAL FINANCIAL ASSETS $ 46,3681 $ 14,392 $ 28,454 $ 3,522
(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.