assets - TIAA-CREF

More documents

Recommendations

Info

ANNUAL STATEMENT FOR THE YEAR 2011 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICANOTES TO FINANCIAL STATEMENTSB. General Nature and Characteristics of Separate Accounts BusinessThe TIAA Separate Account VA-1 (“VA-1”) is a segregated investment account and was established onFebruary 16, 1994 under the insurance laws of the State of New York for the purpose of issuing and fundingnon-pension (after tax) variable annuity contracts for employees of non-profit institutions organized in theUnited States, including governmental institutions. VA-1 is registered with the Securities and ExchangeCommission, (the “Commission”) effective at November 1, 1994, as an open-end, diversified managementinvestment company under the Investment Company Act of 1940. VA-1 consists of a single investmentportfolio, the Stock Index Account (“SIA”). The SIA was established on October 3, 1994 and invests in adiversified portfolio of equity securities selected to track the overall market for common stocks publiclytraded in the United States.The REA is a segregated investment account and was organized on February 22, 1995, under the insurancelaws of the State of New York for the purpose of providing an investment option to TIAA’s pensioncustomers to direct investments to an investment vehicle that invests primarily in real estate. REA wasregistered with the Commission under the Securities Act of 1933 effective at October 2, 1995. REA’s targetis to invest between 75% and 85% of its assets directly in real estate or in real estate-related investments,with the remainder of its assets invested in publicly-traded securities and other instruments that are easilyconverted to cash to maintain adequate liquidity.The TIAA Separate Account VA-3 (“VA-3”) is a segregated investment account and was established on May17, 2006 under the laws of the State of New York for the purposes of funding individual and group variableannuities for retirement plans of employees of colleges, universities, other educational and researchorganizations, and other governmental and non-profit institutions. VA-3 is registered with the Commissionas an investment company under the Investment Company Act of 1940, effective at September 29, 2006,and operates as a unit investment trustThe TIAA Stable Value is an insulated, non-unitized separate account and was established on April, 2010qualifying under New York Insurance Law 4240(a)(5)(ii). The Separate Account will support a flexiblepremium group deferred fixed annuity contract that is intended initially to be offered to employer sponsoredretirement plans under the Internal Revenue Code (“IRC”) Section 403(b). The Contract may also be sold toqualified plans under IRC Sections 401(a), 401(k), 415(m), 457(b) (governmental and private), and 457(f).Information regarding the separate accounts of the Company is as follows:(1) (2) (3) (4) (5)Non-indexed Non-indexed Non-guaranteedGuarantee less Guarantee SeparateIndexed than/equal to 4% more than 4% Accounts Total(1) Premiums, considerations ordeposits for the year ended12/31/2011 ................... $ --- $ 37,611,028 $ --- $ 2,655,210,674 $ 2,692,821,702(2) Reserves at 12/31/2011For accounts with assets at:a. Fair value........................$ --- $ --- $ --- $ 14,615,495,305 $ 14,615,495,305b. Amortized cost.................. --- 67,211,982 --- --- 67,211,982c. Total reserves* .................$ --- $ 67,211,982 $ --- $ 14,615,495,305 $ 14,682,707,287(3) By withdrawal characteristics:a. Subject to discretionarywithdrawal....................$ --- $ 4,518,211 $ --- $ --- $ 4,518,211b. With FV adjustment............ --- --- --- --- ---c. At book value without FVadjustment and withcurrent surrender chargeof 5% or more................ --- --- --- --- ---d. At fair value ..................... --- --- --- 14,615,495,305 14,615,495,305e. At book value without FVadjustment and withcurrent surrender chargeof less than 5% .............. --- --- --- --- ---f. Subtotal .........................$ --- $ 4,518,211 $ --- $ 14,615,495,305 $ 14,620,013,516g. Not subject to discretionarywithdrawal .................. --- 62,693,771 --- --- 62,693,771h. Total ........................... $ --- $ 67,211,982 $ --- $ 14,615,495,305 $ 14,682,707,287*Line 2 should equal Line 3(h)19.28
ANNUAL STATEMENT FOR THE YEAR 2011 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICANOTES TO FINANCIAL STATEMENTSC. Reconciliation of Net Transfers To or (From) Separate Accounts(1) Transfers as reported in the Summary of Operations of the Separate Accounts Statement:a. Transfers to Separate Accounts (Page 4, Line 1.4)...............................$ 3,120,650,877b. Transfers from Separate Accounts (Page 4, Line 10) ............................ (1,462,545,886 )c. Net transfers to or (from) Separate Accounts (a) - (b) ............................ 1,658,104,991(2) Reconciling Adjustments:Fund transfer exchange gain (loss) .................................................. 3,359,790(3) Transfers as reported in the Summary of Operations of the Life, Accident &Health Annual Statement - (1c) + (2) = (Page 4, Line 26) ...................... $ 1,661,464,78135. Loss/Claims Adjustment ExpenseA. The Company has no liability for unpaid accident and health claim adjustment expenses as of December 31,2011 and 2010.B. The Company did not increase or decrease the provision for insured events of prior years.C. The Company did not incur nor pay any claim adjustment expenses in the current year which wasattributable to insured and covered events of prior years.D. The Company took into account estimated anticipated salvage and subrogation in its determination of theliability for unpaid claims/losses and reduced such liability by $ 0.19.29
Page 4 and 5: ANNUAL STATEMENT FOR THE YEAR 2011
Page 10 and 11: 9ANNUAL STATEMENT FOR THE YEAR 2011
Page 20 and 21: 17ANNUAL STATEMENT FOR THE YEAR 201
Page 100 and 101:
ANNUAL STATEMENT FOR THE YEAR 2011
Page 102 and 103:
Page 104 and 105:
Page 106 and 107:
Page 108 and 109:
30LineNumberNAICDesignationANNUAL S
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
35.1ANNUAL STATEMENT FOR THE YEAR 2
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
1AmountANNUAL STATEMENT FOR THE YEA
Page 126 and 127:
Page 128 and 129:
1NAICCompanyCode2Federal IDNumber3E
Page 130 and 131:
NAICCompanyCodeANNUAL STATEMENT FOR
Page 132 and 133:
NAICCompanyCodeANNUAL STATEMENT FOR
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Page 140 and 141:
51123ANNUAL STATEMENT FOR THE YEAR
Page 142 and 143:
51.21GroupCode2Group Name3NAICCompa
Page 144 and 145:
51.41GroupCode23NAICCompanyCodeANNU
Page 146 and 147:
51.61GroupCode23NAICCompanyCodeANNU
Page 148 and 149:
521NAICCompanyCode23ANNUAL STATEMEN
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
Page 160 and 161:
SI06ANNUAL STATEMENT FOR THE YEAR 2
Page 162 and 163:
SI08ANNUAL STATEMENT FOR THE YEAR 2
Page 164 and 165:
Page 166 and 167:
SI12NumberANNUAL STATEMENT FOR THE
Page 168 and 169:
SI12.2NumberANNUAL STATEMENT FOR TH
Page 170 and 171:
SI12.4ANNUAL STATEMENT FOR THE YEAR
Page 172 and 173:
Page 174 and 175:
Page 176 and 177:
SI12.10NumberANNUAL STATEMENT FOR T
Page 178 and 179:
SI12.12NumberANNUAL STATEMENT FOR T
Page 180 and 181:
Page 182 and 183:
ANNUAL STATEMENT BLANKALPHABETICAL
show all

assets - TIAA-CREF

Create successful ePaper yourself

Delete template?

Save as template?