Unum 2006 Annual Report Download - page 100

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82
The following table is a distribution of the maturity dates for fixed maturity bonds in an unrealized loss position at
December 31, 2006.
Fixed Maturity Bonds – By Maturity
As of December 31, 2006
(in millions o
f
dollars)
Due in 1 year or less 33.6$ 0.1$
Due after 1 year up to 5 years 1,031.0 11.5
Due after 5 years up to 10 years 3,326.5 289.9
Due after 10 years 7,076.5 335.5
Subtotal 11,467.6 637.0
Mortgage/Asset-Backed Securities 737.0 13.8
Total 12,204.6$ 650.8$
Fair Value of Bonds with
Gross Unrealized Loss
Gross Unrealized
Loss
Of the $650.8 million in gross unrealized losses at December 31, 2006, $590.2 million, or 90.7 percent, are related
to investment-grade fixed maturity bonds. The following table shows the length of time the investment-grade fixed
maturity bonds had been in a gross unrealized loss position as of December 31, 2006.
Unrealized Loss on Investment-Grade Fixed Maturity Bonds
Length of Time in Unrealized Loss Position
As of December 31, 2006
(in millions of dollars)
Fair Value Gross Unrealized Loss
<= 90 days 1,583.4$ 14.4$
> 90 <= 180 days 268.7 4.2
> 180 <= 270 days 624.6 9.6
> 270 <= 1 year 3,936.2 149.5
> 1 year <= 2 years 3,697.3 147.7
> 2 years <= 3 years 111.0 127.9
> 3 years 1,262.5 136.9
Total 11,483.7$ 590.2$