Assurant 2012 Annual Report Download - page 99

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ASSURANT, INC.2012 Form10-K F-23
5 Fair Value Disclosures
Financial Assets
December31, 2012
Total Level 1 Level 2 Level 3
Fixed maturity securities:
United States Government and government agencies and authorities $ 641,924 $ 0 $ 637,749 $ 4,175
State, municipalities and political subdivisions 907,056 0 907,056 0
Foreign governments 753,408 672 729,639 23,097
Asset-backed 28,197 0 28,197 0
Commercial mortgage-backed 69,883 0 68,109 1,774
Residential mortgage-backed 771,057 0 762,846 8,211
Corporate 9,000,113 0 8,842,110 158,003
Equity securities:
Common stocks 18,950 18,267 683 0
Non-redeemable preferred stocks 456,856 0 456,842 14
Short-term investments 300,925 201,803b 99,122c 0
Collateral held/pledged under securities agreements 74,729 68,939b 5,790c 0
Other investments 250,806 49,199a 190,280c 11,327d
Cash equivalents 381,777 366,543b 15,234c 0
Other assets 6,609 0 723f 5,886e
Assets held in separate accounts 1,674,406 1,469,050a 205,356c 0
TOTAL FINANCIAL ASSETS $ 15,336,696 $ 2,174,473 $ 12,949,736 $ 212,487
Financial Liabilities
Other liabilities $ 51,828 $ 49,199a$69
f$ 2,560f
Liabilities related to separate accounts 1,674,406 1,469,050a 205,356c 0
TOTAL FINANCIAL LIABILITIES $ 1,726,234 $ 1,518,249 $ 205,425 $ 2,560
Financial Assets
December31, 2011
Total Level 1 Level 2 Level 3
Fixed maturity securities:
United States Government and government agencies and authorities $ 157,340 $ 0 $ 152,940 $ 4,400
State, municipalities and political subdivisions 929,023 0 929,023 0
Foreign governments 723,913 1,857 699,343 22,713
Asset-backed 32,433 0 31,980 453
Commercial mortgage-backed 88,024 0 87,120 904
Residential mortgage-backed 897,219 0 895,352 1,867
Corporate 8,364,647 0 8,227,018 137,629
Equity securities:
Common stocks 16,001 15,318 683 0
Non-redeemable preferred stocks 346,375 0 346,362 13
Short-term investments 441,383 355,732b 85,651c 0
Collateral held/pledged under securities agreements 70,221 56,441b 13,780c 0
Other investments 245,280 47,931a 179,092c 18,257d
Cash equivalents 915,339 887,135b 28,204c 0
Other assets 9,241 0 720f 8,521e
Assets held in separate accounts 1,632,781 1,417,864a 214,917c 0
TOTAL FINANCIAL ASSETS $ 14,869,220 $ 2,782,278 $ 11,892,185 $ 194,757
Financial Liabilities
Other liabilities $ 50,754 $ 47,931a$ 103f$ 2,720f
Liabilities related to separate accounts 1,632,781 1,417,864a 214,917c 0
TOTAL FINANCIAL LIABILITIES $ 1,683,535 $ 1,465,795 $ 215,020 $ 2,720
a. Mainly includes mutual funds.
b. Mainly includes money market funds.
c. Mainly includes fixed maturity securities.
d. Mainly includes fixed maturity securities and other derivatives.
e. Mainly includes the Consumer Price Index Cap Derivatives (“CPI Caps”).
f. Mainly includes other derivatives.