INVESTMENTS, PROPERTY/CASUALTY INSURERS, 2011-2013 (1)

($ millions, end of year)

  Amount Percent of total investments
Investment type 2011 2012 2013 2011 2012 2013
Bonds $902,533 $907,509 $926,335 67.26% 65.34% 62.55%
Stocks 238,873 266,063 327,849 17.80 19.16 22.14
     Preferred 11,619 11,930 11,537 0.87 0.86 0.78
     Common 227,254 254,133 316,312 16.94 18.30 21.36
Mortgage loans on real estate 4,969 5,682 7,985 0.37 0.41 0.54
     First liens 4,767 5,428 7,778 0.36 0.39 0.53
     Other than first liens 202 254 207 0.02 0.02 0.01
Real estate 10,374 10,387 9,953 0.77 0.75 0.67
     Properties occupied by company 8,905 8,961 8,462 0.66 0.65 0.57
     Properties held for income production 1,216 1,228 1,249 0.09 0.09 0.08
     Properties held for sale 252 198 243 0.02 0.01 0.02
Cash, cash equivalent and short-term investments 72,608 82,612 83,612 5.41 5.95 5.65
Derivatives 649 592 578 0.05 0.04 0.04
Other invested assets 104,204 108,584 117,588 7.77 7.82 7.94
Receivable for securities 1,529 960 1,485 0.11 0.07 0.10
Securities lending reinvested collateral assets 2,628 2,640 2,637 0.20 0.19 0.18
Aggregate write-in for invested assets 3,568 4,006 2,934 0.27 0.29 0.20
Total cash and invested assets $1,341,904 $1,388,998 $1,480,955 100.00% 100.00% 100.00%
(1) Includes cash and net admitted assets of property/casualty insurers. Source: SNL Financial LC.