Investments, Property/Casualty Insurers, 2015-2017 (1)

($ millions, end of year)

  Amount Percent of total investments
Investment type 2015 2016 2017 2015 2016 2017
Bonds $949,702 $973,140 $979,509 62.01% 61.25% 57.91%
Stocks $340,252 $359,165 $417,448 22.22% 22.61% 24.68%
     Preferred 14,025 10,849 5,448 0.92 0.68 0.32
     Common 326,227 348,316 412,000 21.30 21.92 24.36
Mortgage loans on real estate $12,441 $15,032 $17,324 0.81% 0.95% 1.02%
     First liens 12,209 14,407 16,644 0.80 0.91 0.98
     Other than first liens 232 625 681 0.02 0.04 0.04
Real estate $11,685 $12,272 $12,888 0.76% 0.77% 0.76%
     Properties occupied by company 8,716 8,933 9,122 0.57 0.56 0.54
     Properties held for income production 2,693 3,061 3,543 0.18 0.19 0.21
     Properties held for sale 276 278 223 0.02 0.02 0.01
Cash, cash equivalent and short-term investments 87,516 92,338 115,059 5.71 5.81 6.80
Derivatives 652 531 233 0.04 0.03 0.01
Other invested assets 121,291 128,704 137,878 7.92 8.10 8.15
Receivable for securities 2,530 1,679 2,102 0.17 0.11 0.12
Securities lending reinvested collateral assets 2,618 2,582 4,440 0.17 0.16 0.26
Aggregate write-in for invested assets 2,860 3,319 4,673 0.19 0.21 0.28
Total cash and invested assets $1,531,547 $1,588,760 $1,691,553 100.00% 100.00% 100.00%
(1) Includes cash and net admitted assets of property/casualty insurers. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.