The Hartford 2012 Annual Report Download - page 189

Table of Contents




The following table presents the Company’s AFS securities by type.
 




























ABS $ 2,883 $ 63 $ (183) $ 2,763 $(4) $ 3,430 $55 $(332) $ 3,153 $ (7)
CDOs [2] 3,170 60 (159)3,040 (14)2,819 16 (348) 2,487 (44)
CMBS 6,083 417 (179) 6,321 (11)7,192 271 (512) 6,951 (31)
Corporate [2] 39,694 4,631 (276) 44,049 (19) 41,161 3,661 (739)44,011 —
Foreign govt./govt. agencies 3,985 191 (40) 4,136 — 2,030 141 (10)2,161 —
Municipal 13,001 1,379 (19) 14,361 — 12,557 775 (72) 13,260 —
RMBS 7,318 295 (133)7,480 (32)5,961 252 (456) 5,757 (105)
U.S. Treasuries 3,613 175 (16) 3,772 — 3,828 203 (2) 4,029 —
       
Equity securities, AFS 866 81 (57) 890 — 1,056 68 (203)921 —
             
[1] Represents the amount of cumulative non-credit OTTI losses recognized in OCI on securities that also had credit impairments. These losses are included
in gross unrealized losses as of December 31, 2012 and 2011.
[2] Gross unrealized gains (losses) exclude the fair value of bifurcated embedded derivative features of certain securities. Subsequent changes in value will
be recorded in net realized capital gains (losses).
[3] Includes fixed maturities, AFS and equity securities, AFS relating to the sales of the Retirement Plans and Individual Life businesses; see Note 2 -
Business Dispositions of the Notes to Consolidated Financial Statements for further discussion of this transaction.
The following table presents the Company’s fixed maturities, AFS, by contractual maturity year.

  
One year or less $1,689 $ 1,710
Over one year through five years 14,664 15,556
Over five years through ten years 15,542 17,038
Over ten years 28,398 32,014
Subtotal 60,293 66,318
Mortgage-backed and asset-backed securities 19,454 19,604
  
[1] Includes fixed maturities, AFS relating to the sales of the Retirement Plans and Individual Life businesses; see Note 2 - Business Dispositions of the
Notes to Consolidated Financial Statements for further discussion of this transaction.
Estimated maturities may differ from contractual maturities due to security call or prepayment provisions. Due to the potential for variability in payment
spreads (i.e. prepayments or extensions), mortgage-backed and asset-backed securities are not categorized by contractual maturity.
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