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Investor Presentaiton

Pacific Life Investment Portfolio Highlights. Total investment portfolio • Investment portfolio consists primarily of investment grade public and private fixed income securities, mortgage loans and contract loans Fixed income profile • Net unrealized losses in the fixed income portfolio were $8.9B as of September 30, 2022 As of September 30, 2022, 94% of our fixed maturity securities were rated as investment-grade. We have not experienced any material changes in the credit quality of our portfolio since December 31, 2021 • Fixed income portfolio performance continues to be strong Investment Portfolio Cash, Cash Equiv, Other¹ 11% and Short Term Investments 1% Contract loans 7% Mortgage Loans 16% 9/30/22 Stat CV $113.1B Bonds 65% ¹Other includes other invested assets, securities lending reinvested collateral assets, private equity funds, derivatives, and common stock PACIFIC LIFE NAIC 3 5% NAIC 2 52% Fixed Income Securities by NAIC Rating 9/30/22 Stat CV $74.0B NAIC 4-6 1% Fixed Income Securities by Industry NAIC 1 42% Real Estate 4% Other 9% Consumer cyclicals and non-cyclicals 18% Governments 6% CMBS/RMBS 6% Energy 7% Telecommunications 8% Industrials 8% 9/30/22 Stat CV $74.0B Financials 13% Utilities 13% Transportation 8% PLGFII - Investor Presentation (Q3 2022) 21 of 33
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