INVESTMENTS, LIFE/HEALTH INSURERS, 2009-2011 (1)
  Amount ($ billions) Percent of total investments
Investment type 2009 2010 2011 2009 2010 2011
Bonds  $2,291.2 $2,426.5 $2,536.3 74.59% 75.92% 75.47%
Stocks 73.9 77.9 78.4 2.41 2.44 2.33
     Preferred stock  11.7 9.1 8.1 0.38 0.29 0.24
     Common stock  62.2 68.7 70.3 2.03 2.15 2.09
Mortgage loans on real estate 316.0 307.4 323.1 10.29 9.62 9.61
     First lien real estate mortgage loans  313.2 305.2 321.1 10.20 9.55 9.56
     Real estate mortgage loans less first liens  2.8 2.1 2.0 0.09 0.07 0.06
Real estate 19.5 19.7 20.6 0.63 0.62 0.61
     Occupied properties  6.2 5.7 5.7 0.20 0.18 0.17
     Income generating properties  12.9 13.6 14.6 0.42 0.43 0.43
     Properties for sale  0.4 0.3 0.3 0.01 0.01 0.01
Cash, cash equivalent and short-term investments  122.0 95.1 96.5 3.97 2.97 2.87
Contract loans including premium notes  120.0 123.5 126.0 3.91 3.86 3.75
Derivatives NA 21.6 44.4 NA 0.68 1.32
Other invested assets  105.3 111.4 124.0 3.43 3.48 3.69
Receivables for securities  2.0 1.8 2.1 0.07 0.06 0.06
Securities lending reinvested collateral assets NA 10.6 10.1 NA 0.33 0.30
Write-ins for invested assets  21.2 0.5 0.2 0.69 0.02 0.01
Total cash and invested assets  $3,071.9 $3,196.2 $3,360.5 100.00% 100.00% 100.00%

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

NA=Data not available.

Source: SNL Financial LC.