129 / 188
2016
(In millions)
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
Significant
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
Fair
Value
Securities available for sale, carried at fair value:
Fixed maturities:
Government and agencies:
Third party pricing vendor
$ 25,387
$ 827
$
0
$ 26,214
Total government and agencies
25,387
827
0
26,214
Municipalities:
Third party pricing vendor
0
1,295
0
1,295
Total municipalities
0
1,295
0
1,295
Mortgage- and asset-backed securities:
Third party pricing vendor
0
1,139
0
1,139
Broker/other
0
0
198
198
Total mortgage- and asset-backed securities
0
1,139
198
1,337
Public utilities:
Third party pricing vendor
0
7,667
0
7,667
Broker/other
0
0
16
16
Total public utilities
0
7,667
16
7,683
Sovereign and supranational:
Third party pricing vendor
0
1,469
0
1,469
Total sovereign and supranational
0
1,469
0
1,469
Banks/financial institutions:
Third party pricing vendor
0
6,038
0
6,038
Broker/other
0
0
25
25
Total banks/financial institutions
0
6,038
25
6,063
Other corporate:
Third party pricing vendor
0
29,699
0
29,699
Total other corporate
0
29,699
0
29,699
Total fixed maturities
25,387
48,134
239
73,760
Perpetual securities:
Banks/financial institutions:
Third party pricing vendor
0
1,420
0
1,420
Total banks/financial institutions
0
1,420
0
1,420
Other corporate:
Third party pricing vendor
0
213
0
213
Total other corporate
0
213
0
213
Total perpetual securities
0
1,633
0
1,633
Equity securities:
Third party pricing vendor
1,300
6
0
1,306
Broker/other
0
0
3
3
Total equity securities
1,300
6
3
1,309
Total securities available for sale
$ 26,687
$ 49,773
$ 242
$ 76,702
127