Selected Income Statement Data
| |
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
Selected Income Statement Data
(Consolidated "GAAP" Basis, $ in millions) |
|
| Insurance Revenues |
$569 |
$533 |
$314 |
$237 |
$119 |
$24 |
N/A |
| Investment Income, including funds withheld at interest |
$329 |
$211 |
$236 |
$258 |
$120 |
$1 |
N/A |
| Policy benefits, including interest credited |
$551 |
$528 |
$298 |
$339 |
$175 |
$18 |
N/A |
| Net Operating Income (loss) |
$105 |
$78 |
$39 |
$30 |
$6 |
($9) |
($3) |
| Unrealized Gain/(Loss), Net of DAC/VOBA Amortization and Taxes |
$80 |
$289 |
($232) |
$6 |
$7 |
N/A |
N/A |
| Realized Gain/(Loss), Net of DAC/VOBA Amortization and Taxes |
$26 |
($23) |
($33) |
($2) |
($1) |
N/A |
N/A |
| Net Income (loss) |
$211 |
$344 |
($226) |
$34 |
$12 |
($13) |
($4) |
Selected Balance Sheet Data
| |
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
Selected Ballance Sheet Data
(Consolidated "GAAP" Basis, $ in millions) |
|
| Cash and Investments, including funds withheld at interest (at fair value) |
$5,666 |
$5,313 |
$4,280 |
$4,552 |
$4,649 |
$175 |
$12 |
| Cash and Investments, including funds withheld at interest (at book value) |
$5,425 |
$5,238 |
$4,673 |
$4,538 |
$4,628 |
$175 |
$12 |
| Unrealized Gain/(Loss) on Investments and funds withheld at interest |
$241 |
$74 |
($393) |
$14 |
$21 |
0 |
0 |
| Total Assets |
$6,712 |
$6,333 |
$5,332 |
$5,324 |
$5,320 |
$252 |
$15 |
| Insurance Liabilities |
$4,953 |
$4,929 |
$4,151 |
$4,180 |
$4,360 |
$130 |
N/A |
| Term Debt |
$0 |
$0 |
$113 |
$138 |
$150 |
N/A |
N/A |
| Total Liabilities |
$5,168 |
$5,117 |
$4,588 |
$4,711 |
$4,743 |
$143 |
$3 |
| GAAP Shareholders Equity |
$1,543 |
$1,216 |
$744 |
$613 |
$577 |
$109 |
$11 |
| Adjusted GAAP Shareholders Equity |
$1,426 |
$1,179 |
$976 |
$612 |
$570 |
$109 |
$11 |
| Debt to Total Capital Ratio |
N/A |
N/A |
10% |
18% |
21% |
N/A |
N/A |
December 31, 2010 Investment Portfolio Composition
|
Wilton Re's current corporate policy is to maintain a high quality, diversified fixed income portfolio. At year end 2010, over
95% of our assets were rated investment grade and over 30% of our investments were in cash and cash equivalents, AAA rated or US
government and agency securities. Wilton Re currently has no investments in mortgage loans or real estate.
|
| |
December 31, 2010 |
| |
GAAP
Book Value |
% of
Portfolio |
| Cash & Cash Equivalents |
$ |
282 |
5.5% |
| Treasuries & Governments |
|
363 |
7.1% |
| Agencies |
|
143 |
2.8% |
| Residential Mortgage-Backed |
|
539 |
10.5% |
| Commercial Mortgage-Backed |
|
420 |
8.2% |
| Asset Backed Securities |
|
304 |
5.9% |
| Investment Grade Credit |
|
2,524 |
49.3% |
| High Yield Credit |
|
109 |
2.1% |
| Municipals |
|
360 |
7.0% |
| Other |
|
71 |
1.4% |
| Total |
$ |
5,115 |
100.0% |