Schedule I FS HOLDCO II LTD. AND SUBSIDIARIES Summary of Investments—Other than Investments in Related Parties September 30, 2016 (In millions)
| | | | | | | | | | | | | | | | Amortized cost | | Fair value | | Amount at which shown in the balance sheet | Fixed maturities: | | | | | | | Bonds: | | | | | | | United States Government and government agencies and authorities | | $ | 72.8 |
| | $ | 74.0 |
| | $ | 74.0 |
| States, municipalities and political subdivisions | | 61.6 |
| | 66.4 |
| | 66.4 |
| Foreign governments | | 2.6 |
| | 2.8 |
| | 2.8 |
| Public utilities | | 146.8 |
| | 145.5 |
| | 145.5 |
| All other corporate bonds | | 881.7 |
| | 887.8 |
| | 887.8 |
| Mortgage-backed, asset-backed and collateralized | | 357.5 |
| | 350.4 |
| | 350.4 |
| Redeemable preferred stock | | — |
| | — |
| | — |
| Total fixed maturities | | 1,523.0 |
| | 1,526.9 |
| | 1,526.9 |
| Equity securities: | | | | | | | Nonredeemable preferred stock | | 8.8 |
| | 8.2 |
| | 8.2 |
| Policy loans | | 8.5 |
| | 8.5 |
| | 8.5 |
| Short term investments | | 95.5 |
| | 95.5 |
| | 95.5 |
| Derivative investments | | 9.8 |
| | 11.3 |
| | 11.3 |
| Total investments included in funds withheld receivables (b) | | $ | 1,645.6 |
| | $ | 1,650.4 |
| | $ | 1,650.4 |
|
| | (a) | Represents (i) original cost reduced by repayments and other-than-temporary impairments and adjusted for amortization of premiums and accrual of discounts for fixed maturity securities, (ii) original cost reduced by other-than-temporary impairments for equity securities, (iii) original cost for derivative investments, and (iv) unpaid principal balance reduced by an allowance for credit losses for commercial-mortgage and asset-based loans. |
| | (b) | This represents the underlying investments in Front Street’s funds withheld receivables portfolio. |
See accompanying Independent Auditors’ Report.
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