Voya 2013 Annual Report Download - page 201

Fixed Maturities
Total fixed maturities by market sector, including securities pledged, were as summarized below as of the
dates indicated:
December 31, 2013
($ in millions) Amortized Cost % of Total Fair Value % of Total
Fixed maturities:
U.S. Treasuries ..................... $ 5,094.0 7.3% $ 5,181.2 7.1%
U.S. Government agencies and
authorities ....................... 598.0 0.9% 618.9 0.9%
State, municipalities and political
subdivisions ..................... 272.0 0.4% 281.1 0.4%
U.S. corporate securities ............. 36,010.3 51.9% 37,478.6 51.5%
Foreign securities(1) ................. 15,661.4 22.6% 16,356.5 22.5%
Residential mortgage-backed
securities ........................ 6,480.3 9.3% 7,123.7 9.8%
Commercial mortgage-backed
securities ........................ 3,427.9 4.9% 3,752.1 5.2%
Other asset-backed securities .......... 1,883.1 2.7% 1,926.7 2.6%
Total fixed maturities, including
securities pledged ................. $69,427.0 100.0% $72,718.8 100.0%
(1) Primarily U.S. dollar denominated.
December 31, 2012
($ in millions) Amortized Cost % of Total Fair Value % of Total
Fixed maturities:
U.S. Treasuries ..................... $ 5,194.3 7.7% $ 5,883.7 7.7%
U.S. Government agencies and
authorities ....................... 645.4 1.0% 724.2 1.0%
State, municipalities and political
subdivisions ..................... 320.2 0.5% 352.8 0.5%
U.S. corporate securities ............. 32,986.1 49.1% 37,163.9 49.4%
Foreign securities(1) ................. 14,391.2 21.4% 15,984.5 21.2%
Residential mortgage-backed
securities ........................ 6,684.2 9.9% 7,667.0 10.2%
Commercial mortgage-backed
securities ........................ 4,438.9 6.6% 4,946.4 6.6%
Other asset-backed securities .......... 2,536.4 3.8% 2,564.6 3.4%
Total fixed maturities, including
securities pledged ................. $67,196.7 100.0% $75,287.1 100.0%
(1) Primarily U.S. dollar denominated.
As of December 31, 2013, the average duration of our fixed maturities portfolio, including securities
pledged, is between 6.5 to 7 years.
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