Interim Report 2/2010 - Hannover Re

The stated maturities may in individual cases diverge from the contractual maturities because
borrowers may have the right to call or prepay obligations with or without penalty. Variable-rate
bonds (so-called “floaters”) are shown under the maturities due in one year and constitute our
interest-related, within-the-year reinvestment risk.
Amortised cost, unrealised gains and losses and accrued interest on the portfolio of investments classified as held to
maturity as well as their fair value
Figures in EUR thousand 30. 6. 2010
Cost or
amortised cost
Unrealised
gains
Unrealised
losses
Accrued
interest
Fair value
Investments held to maturity
Fixed-income securities
Government debt securities
of EU member states 327,188 17,894 621 6,508 350,969
US treasury notes 411,769 53,154 – 3,240 468,163
Other foreign government debt securities 15,369 882 – 28 16,279
Debt securities issued by semigovernmental
entities 742,023 46,199 3,124 10,409 795,507
Corporate securities 566,073 35,862 861 15,055 616,129
Covered bonds/asset-backed securities 988,037 64,478 330 16,934 1,069,119
Total 3,050,459 218,469 4,936 52,174 3,316,166
Figures in EUR thousand 31. 12. 2009
Cost or
amortised cost
Unrealised
gains
Unrealised
losses
Accrued
interest
Fair value
Investments held to maturity
Fixed-income securities
Government debt securities
of EU member states 323,510 3,065 946 6,854 332,483
US treasury notes 351,776 36,182 825 2,808 389,941
Other foreign government debt securities 13,445 664 – 25 14,134
Debt securities issued by semigovernmental
entities 685,126 30,212 2,052 12,932 726,218
Corporate securities 559,900 27,107 1,121 12,334 598,220
Covered bonds/asset-backed securities 964,236 46,223 4 20,543 1,030,998
Total 2,897,993 143,453 4,948 55,496 3,091,994
34 NOTES 4.1 Investments under own management
Hannover Re interim report 2/2010