INVESTMENTS, LIFE/HEALTH INSURERS, 2005-2009 (1)
  Amount ($ billions) Percent of total investments
Investment type 2005 2008 2009 2005 2008 2009
Bonds  $2,145.2 $2,150.7 $2,291.1 76.61% 71.25% 74.62%
Stocks 98.7 112.3 72.7 3.52 3.72 2.37
     Preferred stock  25.6 63.8 11.7 0.91 2.11 0.38
     Common stock  73.1 48.5 61.0 2.61 1.61 1.99
Mortgage loans on real estate 276.5 327.8 315.7 9.87 10.86 10.28
     First lien real estate mortgage loans  275.2 325.4 313.0 9.83 10.78 10.19
     Real estate loans less first liens  1.3 2.3 2.8 0.05 0.08 0.09
Real estate 19.1 20.0 19.5 0.68 0.66 0.63
     Occupied properties  5.3 5.9 6.2 0.19 0.20 0.20
     Income generating properties  12.8 13.8 12.9 0.46 0.46 0.42
     Properties for sale  0.9 0.4 0.4 0.03 0.01 0.01
Cash, cash equivalent and short term assets  61.9 146.8 122.8 2.21 4.86 4.00
Contract loans including premium notes  106.4 119.2 120.0 3.80 3.95 3.91
Long-term investments  77.0 102.8 105.3 2.75 3.41 3.43
Receivables for securities  3.0 3.0 2.0 0.11 0.10 0.06
Write-ins for invested assets  12.5 36.0 21.2 0.45 1.19 0.69
Total cash and invested assets  $2,800.3 $3,018.6 $3,070.3 100.00% 100.00% 100.00%

(1) Data are net admitted assets of life/health insurers.

Source: SNL Financial LC.