TRAVELERS COMPANIES, INC. | 2013 | FY | 3


 

 

 
  Less than 12 months   12 months or longer   Total  
(at December 31, 2013, in millions)
  Fair
Value
  Gross
Unrealized
Losses
  Fair
Value
  Gross
Unrealized
Losses
  Fair
Value
  Gross
Unrealized
Losses
 

Fixed maturities

                                     

U.S. Treasury securities and obligations of U.S. government and government agencies and authorities

  $ 433   $ 12   $   $   $ 433   $ 12  

Obligations of states, municipalities and political subdivisions

    4,785     298     432     64     5,217     362  

Debt securities issued by foreign governments

    907     8     1         908     8  

Mortgage-backed securities, collateralized mortgage obligations and pass-through securities

    542     17     21     1     563     18  

All other corporate bonds

    6,887     253     421     46     7,308     299  

Redeemable preferred stock

    82     1             82     1  
                           

Total fixed maturities

    13,636     589     875     111     14,511     700  
                           

Equity securities

                                     

Common stock

    53     1             53     1  

Non-redeemable preferred stock

    147     2             147     2  
                           

Total equity securities

    200     3             200     3  
                           

Total

  $ 13,836   $ 592   $ 875   $ 111   $ 14,711   $ 703  
                           
                           


 

 
  Less than 12 months   12 months or longer   Total  
(at December 31, 2012, in millions)
  Fair
Value
  Gross
Unrealized
Losses
  Fair
Value
  Gross
Unrealized
Losses
  Fair
Value
  Gross
Unrealized
Losses
 

Fixed maturities

                                     

U.S. Treasury securities and obligations of U.S. government and government agencies and authorities

  $ 589   $ 1   $   $   $ 589   $ 1  

Obligations of states, municipalities and political subdivisions

    611     9     45     2     656     11  

Debt securities issued by foreign governments

    186         2         188      

Mortgage-backed securities, collateralized mortgage obligations and pass-through securities

    70         36     2     106     2  

All other corporate bonds

    1,097     13     89     7     1,186     20  
                           

Total fixed maturities

    2,553     23     172     11     2,725     34  
                           

Equity securities

                                     

Common stock

    40     4             40     4  

Non-redeemable preferred stock

    13                 13      
                           

Total equity securities

    53     4             53     4  
                           

Total

  $ 2,606   $ 27   $ 172   $ 11   $ 2,778   $ 38  
                           
                           

        


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