Schedule I - Summary of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2013

Summary of Investments, Other than Investments in Related Parties [Abstract]

Schedule I - Summary of Investments - Other Than Investments in Related Parties

Schedule I—Summary of Investments—

Other Than Investments in Related Parties

AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY

December 31, 2013



Column A	Column B		Column C		Column D
Type of Investment	Amortized Cost (1)		Fair Value		Amount at which shown in the balance sheet
	(Dollars in thousands)
Fixed maturity securities:
Available for sale:
United States Government full faith and credit	$	44,852	$	42,925	$	42,925
United States Government sponsored agencies	1,313,776		1,194,289		1,194,289
United States municipalities, states and territories	3,181,032		3,306,743		3,306,743
Foreign government obligations	86,112		91,557		91,557
Corporate securities	17,142,118		17,233,037		17,233,037
Residential mortgage backed securities	1,895,913		1,971,960		1,971,960
Commercial mortgage backed securities	1,821,988		1,735,460		1,735,460
Other asset backed securities	1,041,939		1,034,476		1,034,476
	26,527,730		26,610,447		26,610,447
Held for investment:
Corporate security	76,255		60,840		76,255
Total fixed maturity securities	26,603,985		26,671,287		26,686,702
Equity securities, available for sale:
Common stocks	7,503		7,778		7,778
Total equity securities	7,503		7,778		7,778
Mortgage loans on real estate	2,581,082		2,615,410		2,581,082
Derivative instruments	223,530		856,050		856,050
Other investments	215,042				215,042
Total investments	$	29,631,142			$	30,346,654


(1)	On the basis of cost adjusted for repayments and amortization of premiums and accrual of discounts for fixed maturity securities and short-term investments, original cost for derivative instruments and unpaid principal balance less allowance for credit losses for mortgage loans.

See accompanying Report of Independent Registered Public Accounting Firm.

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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