UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended:September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: CGU Asset Management Inc.
Address: One Beacon Street, B17-01
Boston, MA 02108
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorzied to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Aida Cavalic
Title: Investment Accounting Analyst
Phone: 617-725-7057
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FORM 13F INFORMATION TABLE
SHINVSTMT
NAME OF ISSUER TITLE CUSIP VALUE SHARES PRDSCRETN
ADC TELECOMMUNICATIONS COM 000886101 10,672,889.06 396,900.00SHDEFINED
AFLAC INCORPORATED COM 001055102 21,423,187.50 331,500.00SHDEFINED
AMS SERVICES INC COM 00179#101 22,756.85 1.00SHDEFINED
AT&T CORPORATION COM 001957109 28.61 0.97SHDEFINED
AGILENT TECHNOLOGIES INC COM 00846U101 206.51 4.22SHDEFINED
ALABAMA PWR CO PFD 010392306 177,019.30 2,635.00SHDEFINED
ALABAMA PWR CO PFD 010392405 621,278.19 9,087.00SHDEFINED
ALABAMA PWR CO PFD 010392504 216,534.40 3,140.00SHDEFINED
ALABAMA PWR CO PFD 010392603 845,026.90 12,046.00SHDEFINED
ALABAMA PWR CO PFD 010392702 497,775.32 6,958.00SHDEFINED
ALUMINUM COMPANY OF AMERICA COM 013817101 15,395,062.50 608,200.00SHDEFINED
ALLSTATE CORPORATION COM 020002101 1,028,600.00 29,600.00SHDEFINED
ALZA CORP COM 022615108 20,898,400.00 241,600.00SHDEFINED
AMEREN CORP COM 023608102 4,189,000.00 100,000.00SHDEFINED
AMERICA ONLINE INC COM 02364J104 31,486,750.00 585,800.00SHDEFINED
AMERICAN EXPRESS COM 025816109 21,213,900.00 349,200.00SHDEFINED
AMERICAN GENERAL CORP COM 026351106 795,600.00 10,200.00SHDEFINED
AMERICAN INT'L. GROUP COM 026874107 2,411,325.00 25,200.00SHDEFINED
AMGEN INC COM 031162100 21,437,234.37 307,000.00SHDEFINED
ANHEUSER-BUSCH COS INC COM 035229103 14,039,287.50 331,800.00SHDEFINED
APPLIED MATERIALS COM 038222105 533,817.00 9,000.00SHDEFINED
AUTOMATIC DATA PROCESSING, INC. COM 053015103 16,464,625.00 246,200.00SHDEFINED
BALTIMORE GAS ELEC CO PFD 059165688 3,381,175.00 34,750.00SHDEFINED
BALTIMORE GAS ELEC CO PFD 059165696 2,029,400.00 20,000.00SHDEFINED
BALTIMORE GAS ELEC CO PFD 059165761 3,045,600.00 30,000.00SHDEFINED
BANK ONE COM 06423A103 2,283,750.00 60,000.00SHDEFINED
BANKNORTH GROUP COM 06646R107 5,505,500.00 308,000.00SHDEFINED
BELLSOUTH CORPORATION COM 079860102 842,400.00 20,800.00SHDEFINED
BESTFOODS COM 08658U101 1,345,875.00 18,500.00SHDEFINED
BOSTON EDISON CO PFD 100599208 1,314,789.00 20,550.00SHDEFINED
BOSTON EDISON CO PFD 100599307 3,301,956.56 45,886.00SHDEFINED
BRISTOL MYERS SQUIBB CO. COM 110122108 22,051,250.00 383,500.00SHDEFINED
CAROLINA PWR LT CO COMMCOM 12614C106 2,085,156.26 50,000.00SHDEFINED
CAROLINA PWR LT CO PFD 144141207 661,440.00 10,600.00SHDEFINED
CAROLINA PWR LT CO PFD 144141405 1,066,794.34 13,198.00SHDEFINED
CLELESTICA COM 15101Q108 567,850.00 8,200.00SHDEFINED
CENTRAL ILL LT CO PFD 153645304 2,866,104.80 42,398.00SHDEFINED
CENTRAL ILL PUB SVC CO PFD 153663307 283,175.50 3,950.00SHDEFINED
CENTRAL ILL PUB SVC CO PFD 153663406 107,100.00 1,500.00SHDEFINED
CENTRAL ILL PUB SVC CO PFD 153663802 433,510.00 7,000.00SHDEFINED
CERTIFIED CAP CORP COM 15689*106 132,500.00 132,500.00SHDEFINED
CHASE MANHATTAN CORP COM 16161A108 15,241,874.99 330,000.00SHDEFINED
CHASE MANHATTAN-NEW PFD STK SERIESPFD 16161A884 113,400.00 4,200.00SHDEFINED
CHEVRON CORPORATION COM 166751107 15,642,011.00 183,484.00SHDEFINED
CURCUIT CITY COMMCOM 172737108 529,000.00 23,000.00SHDEFINED
CISCO SYSTEMS COM 17275R102 31,558,800.00 571,200.00SHDEFINED
CITIGROUP COM 172967101 26,844,518.11 496,546.00SHDEFINED
CLEAR CHANNEL COM 184502102 876,315.00 15,510.00SHDEFINED
CLOROX COMPANY COM 189054109 7,912,500.00 200,000.00SHDEFINED
COASTAL CORP COM 190441105 35,075,950.00 473,200.00SHDEFINED
COLGATE-PALMOLIVE CO COM 194162103 9,978,080.00 211,400.00SHDEFINED
COMPUTER ASSOCIATES INTL COM 204912109 68,343.75 2,700.00SHDEFINED
CONEXANT SYSTEMS INC COM 207142100 305,687.50 7,300.00SHDEFINED
CONSOLIDATED EDISON CO N Y PFD 209111301 1,799,000.00 25,700.00SHDEFINED
CONSOLIDATED EDISON CO N Y PFD 209111400 6,171,718.20 88,180.00SHDEFINED
COSTCO COMPANIES INC COM 22160K105 15,421,412.50 441,400.00SHDEFINED
COX COMMUNICATIONS COM 224044107 9,562,500.00 250,000.00SHDEFINED
DTE ENERGY CO COM 233331107 3,826,953.13 100,000.00SHDEFINED
DEERE & COMPANY COM 244199105 12,834,500.00 386,000.00SHDEFINED
DELL COMPUTER CORP COM 247025109 973,675.00 31,600.00SHDEFINED
DELMARVA PWR LT CO PFD 247109200 1,590,475.00 28,250.00SHDEFINED
DELMARVA PWR LT CO PFD 247109408 712,011.06 11,394.00SHDEFINED
DELMARVA PWR LT CO PFD 247109507 1,353,200.00 21,250.00SHDEFINED
DELMARVA PWR LT CO PFD 247109606 556,370.00 8,200.00SHDEFINED
DELMARVA PWR LT CO PFD 247109705 2,167,495.20 29,133.00SHDEFINED
WALT DISNEY COMPANY COM 254687106 1,587,375.00 41,500.00SHDEFINED
DU PONT E I DE NEMOURS CO PFD 263534208 2,257,200.00 41,800.00SHDEFINED
DU PONT E I DE NEMOURS CO PFD 263534307 6,123,800.00 91,400.00SHDEFINED
DUKE ENERGY CORP PFD 264399643 4,227,900.00 42,500.00SHDEFINED
DUKE ENERGY CORP PFD 264399668 717,220.00 7,000.00SHDEFINED
DUKE ENERGY CORP PFD 264399791 181,300.00 2,800.00SHDEFINED
DUQUESNE LT CO PFD 266228501 49,300.00 1,700.00SHDEFINED
DUQUESNE LT CO PFD 266228600 29,500.00 1,000.00SHDEFINED
DUQUESNE LT CO PFD 266228709 48,000.00 1,600.00SHDEFINED
EMC CORP COM 268648102 22,327,800.00 224,400.00SHDEFINED
EOG RESOURCES INC COM 26875P101 17,532,625.00 451,000.00SHDEFINED
ECOLAB INC COM 278865100 602,243.75 16,700.00SHDEFINED
EMERSON ELECTRIC COMPANY COM 291011104 1,072,000.00 16,000.00SHDEFINED
ENTERGY ARK INC PFD 29364D803 99,740.00 1,000.00SHDEFINED
ERICSSON COMMCOM 294821400 5,925,000.00 400,000.00SHDEFINED
EXXON MOBIL CORP COM 30231G102 30,575,472.36 343,138.00SHDEFINED
FEDERAL NATIONAL MTG ASSOCIATION COM 313586109 30,316,000.00 424,000.00SHDEFINED
FIRSTAR CORP COM 33763V109 22,981,362.50 1,027,100.00SHDEFINED
FLORIDA PWR LT CO PFD 341081206 1,706,473.08 26,844.00SHDEFINED
FLORIDA PWR LT CO PFD 341081305 2,000,258.25 32,775.00SHDEFINED
FLORIDA PWR & LT PFD 3410817*2 195,500.00 2,000.00SHDEFINED
FLORIDA PWR LT CO PFD 341081776 1,525,760.00 16,000.00SHDEFINED
FLORIDA PWR LT CO PFD 341081784 8,736,912.00 87,720.00SHDEFINED
FLORIDA PWR LT CO PFD 341081792 2,218,725.00 22,500.00SHDEFINED
FLORIDA PWR CORP PFD 341099307 3,211,362.50 49,750.00SHDEFINED
FLORIDA PWR CORP PFD 341099406 2,491,942.72 37,088.00SHDEFINED
FLORIDA PWR CORP PFD 341099505 1,456,555.80 21,585.00SHDEFINED
FORD MOTOR COMPANY COMMCOM 345370860 15,268,123.46 598,749.94SHDEFINED
FOUNDRY NETWORKS COMMCOM 35063R100 676,068.75 10,100.00SHDEFINED
FRESENIUS NATL MED CARE HLDG PFD 358030203 10,176.10 350,900.00SHDEFINED
GPU INC COM 36225X100 2,433,984.37 75,000.00SHDEFINED
GENENTECH INC COM 368710406 7,427,500.00 40,000.00SHDEFINED
GENERAL ELECTRIC COMPANY COM 369604103 46,758,749.99 808,800.00SHDEFINED
GENERAL ELEC CAP CORP PFD STK SERIPFD 369622683 404,352.00 4,000.00SHDEFINED
GENUITY INC COM 37248E103 434,328.12 66,500.00SHDEFINED
GUIDANT CORP COM 401698105 21,460,725.00 303,600.00SHDEFINED
GULF PWR CO PFD 402479406 648,975.00 8,500.00SHDEFINED
HALLIBURTON COMPANY COM 406216101 1,101,093.75 22,500.00SHDEFINED
ITT HARTFORD CAPITAL PFD. STK. SERPFD 416315208 9,350,000.00 400,000.00SHDEFINED
THE HOME DEPOT, INC. COM 437076102 22,217,868.75 419,700.00SHDEFINED
HONEYWELL INC. COMMCOM 438516106 13,038,750.00 366,000.00SHDEFINED
HOUGHTON MIFFLIN CO COM 441560109 16,897,125.00 430,500.00SHDEFINED
HOUSEHOLD INTERNATIONAL INC COM 441815107 19,818,750.00 350,000.00SHDEFINED
IDAHO PWR CO PFD 451380208 122,980.00 2,000.00SHDEFINED
ILLINOIS TOOL WORKS COM 452308109 15,220,350.00 272,400.00SHDEFINED
INTEL CORP COM 458140100 19,534,375.00 470,000.00SHDEFINED
INTERNATIONAL BUSINESS MACHINES COCOM 459200101 12,490,112.50 110,900.00SHDEFINED
INTERPUBLIC GROUP OF COS. INC COM 460690100 950,343.75 27,900.00SHDEFINED
INTUIT INC COM 461202103 21,010,200.00 368,600.00SHDEFINED
JDS UNIPHASE COM 46612J101 984,750.00 10,400.00SHDEFINED
JOHNSON & JOHNSON COM 478160104 1,456,031.25 15,500.00SHDEFINED
KANSAS CITY PWR LT CO PFD 485134506 9,375.00 150.00SHDEFINED
KEYSPAN COM 49337W100 1,686,070.31 42,000.00SHDEFINED
L-3 COMMUNICATIONS HOLDINGS I COMMCOM 502424104 12,277,450.00 217,300.00SHDEFINED
LUCENT TECHNOLOGIES COM 549463107 16,445,600.00 539,200.00SHDEFINED
MBNA CORP COM 55262L100 19,250,000.00 500,000.00SHDEFINED
MARSH & MCLENNAN COS. COM 571748102 22,063,050.00 166,200.00SHDEFINED
MAXIM INTERGRATED PRODUCTS COM 57772K101 876,768.75 10,900.00SHDEFINED
MELLON BK CORP COM 58551A108 29,188,425.00 629,400.00SHDEFINED
MERCK & CO. INC. COM 589331107 1,697,175.00 22,800.00SHDEFINED
MERRILL LYNCH & CO COM 590188108 1,135,200.00 17,200.00SHDEFINED
METLIFE COM 59156R108 708,750.00 27,000.00SHDEFINED
MICROSOFT CORP COM 594918104 39,480,562.50 654,600.00SHDEFINED
MIDAMERICAN ENERGY CO PFD 595620709 688,187.50 12,100.00SHDEFINED
MIDAMERICAN ENERGY CO PFD 595620808 473,858.00 7,700.00SHDEFINED
MIDAMERICAN ENERGY CO PFD 595620873 16,975.00 250.00SHDEFINED
MISSISSIPPI PWR CO PFD 605417500 356,265.00 3,500.00SHDEFINED
MONONGAHELA PWR CO PFD 610202301 171,115.07 2,371.00SHDEFINED
MONONGAHELA PWR CO PFD 610202400 376,842.50 4,910.00SHDEFINED
MONONGAHELA PWR CO PFD 610202509 1,458,660.21 15,447.00SHDEFINED
MONONGAHELA PWR CO PFD 610202848 2,669,000.00 25,000.00SHDEFINED
MORGAN STANLEY DEAN WITTER COM 617446448 10,972,500.00 120,000.00SHDEFINED
MOTOROLA, INC. COM 620076109 8,850,000.00 300,000.00SHDEFINED
MURPHY OIL COM 626717102 6,481,250.00 100,000.00SHDEFINED
NABORS INDUSTRIES INC COMMCOM 629568106 15,117,400.00 288,500.00SHDEFINED
NORTEL NETWORKS CORP COM 656568102 13,874,175.00 229,800.00SHDEFINED
NORTHERN IND PUB SVC CO PFD 665262200 210,720.86 3,682.00SHDEFINED
NORTHERN IND PUB SVC CO PFD 665262507 1,858,302.47 30,449.00SHDEFINED
NOVELLUS COM 670008101 8,916,718.75 191,500.00SHDEFINED
ORACLE SYSTEMS CORPORATION COM 68389X105 35,303,625.00 448,300.00SHDEFINED
PNC BK CORP COM 693475105 1,287,000.00 19,800.00SHDEFINED
PACIFIC ENTERPRISES PFD 694232505 272,800.00 4,400.00SHDEFINED
PACIFIC ENTERPRISES PFD 694232604 436,020.00 6,240.00SHDEFINED
PAULA FINANCIAL COM 703588103 1,297,618.00 423,712.00SHDEFINED
PEPSICO INCORPORATED COM 713448108 8,335,200.00 181,200.00SHDEFINED
PFIZER INCORPORATED COM 717081103 38,152,802.00 849,350.00SHDEFINED
PHARMACIA UPJOHN INC COM 71713U102 28,520,749.69 473,865.00SHDEFINED
PHILLIP MORRIS COM 718154107 2,943,750.00 100,000.00SHDEFINED
POTOMAC ELEC PWR CO COM 737679100 3,541,587.90 140,500.00SHDEFINED
POTOMAC ELEC PWR CO PFD 737679209 3,529,826.37 98,847.00SHDEFINED
POTOMAC ELEC PWR CO PFD 737679308 1,035,880.72 27,727.00SHDEFINED
POTOMAC ELEC PWR CO PFD 737679506 330,629.59 8,777.00SHDEFINED
PROCTER & GAMBLE COMPANY COM 742718109 951,400.00 14,200.00SHDEFINED
PROXICOM COM 744282104 641,550.00 32,900.00SHDEFINED
PUBLIC SVC ELEC GAS CO PFD 744567306 2,070,000.00 36,800.00SHDEFINED
PUBLIC SVC ELEC GAS CO PFD 744567405 1,656,682.50 28,380.00SHDEFINED
PUBLIC SVC ELEC GAS CO PFD 744567504 375,100.00 6,200.00SHDEFINED
PUBLIC SVC ELEC GAS CO PFD 744567603 696,240.00 9,670.00SHDEFINED
PUBLIC SVC ELEC GAS CO PFD 744567702 906,750.00 12,400.00SHDEFINED
QWEST COMMUNICATIONS COMMCOM 749121109 20,616,701.87 428,399.00SHDEFINED
RJ REYNOLDS TOBACCO COM 76182K105 3,225,000.00 100,000.00SHDEFINED
ROCHESTER GAS ELEC CORP PFD 771367307 432,057.45 7,183.00SHDEFINED
ROCHESTER GAS ELEC CORP PFD 771367406 139,360.00 2,000.00SHDEFINED
SBC COMMUNICATIONS INC COM 78387G103 34,891,502.62 699,579.00SHDEFINED
SAN DIEGO GAS ELEC CO PFD 797440302 115,200.00 9,000.00SHDEFINED
SCHERING-PLOUGH COM 806605101 7,775,937.50 167,000.00SHDEFINED
SEAGRAM LTD COM 811850106 23,715,943.75 412,900.00SHDEFINED
SOLECTRON CORP COM 834182107 23,726,700.00 514,400.00SHDEFINED
SOUTHWEST AIRLINES COM 844741108 26,505,250.00 1,093,000.00SHDEFINED
SPRINT CORP COM 852061100 10,816,312.50 369,000.00SHDEFINED
STRYKER CORP COMMCOM 863667101 13,568,250.00 316,000.00SHDEFINED
SUNMICROSYSTEMS INC COM 866810104 25,626,625.00 219,500.00SHDEFINED
SYSCO CORPORATION COM 871829107 25,610,812.50 553,000.00SHDEFINED
TXU CORP COM 873168108 16,450,859.36 415,000.00SHDEFINED
TEXAS UTILS ELEC CO PREFPFD 87316T813 467,687.50 6,250.00SHDEFINED
TEXAS UTILS ELEC CO PREFPFD 87316T862 323,076.00 4,940.00SHDEFINED
TEXAS UTILS ELEC CO PREFPFD 87316T870 197,960.00 2,800.00SHDEFINED
TEXACO INC COM 881694103 21,971,250.00 418,500.00SHDEFINED
TEXAS INSTRS INC COM 882508104 10,465,137.50 220,900.00SHDEFINED
TEXAS UTILS ELEC CO PFD 882850753 207,231.25 3,550.00SHDEFINED
TEXAS UTILS ELEC CO PFD 882850878 1,083,731.87 18,565.00SHDEFINED
TIME WARNER INC COM 887315109 9,101,946.00 116,200.00SHDEFINED
TYCO INTERNATIONAL LTD COM 902124106 27,415,937.50 528,500.00SHDEFINED
UNICOM CORP COM 904911104 5,620,703.13 100,000.00SHDEFINED
UNION ELEC CO PFD 906548300 318,942.96 5,864.00SHDEFINED
UNION ELEC CO PFD 906548409 177,840.00 3,040.00SHDEFINED
UNION ELEC CO PFD 906548607 2,227,750.00 33,500.00SHDEFINED
UNITED FIRE CAS CO COM 910331107 34,942,980.00 2,025,680.00SHDEFINED
UNITED PARCEL SERVICE COMMCOM 911312106 12,780,212.50 226,700.00SHDEFINED
UNITED TECHNOLOGIES CORPORATION COM 913017109 20,812,500.00 300,000.00SHDEFINED
VERITAS SOFTWARE COM 923436109 823,600.00 5,800.00SHDEFINED
VERIZON COMMUNICATIONS COMMCOM 92343V104 30,387,168.74 627,348.00SHDEFINED
VIACOM INC - CLASS B COMMCOM 925524308 16,210,876.50 277,109.00SHDEFINED
VIRGINIA ELEC PWR CO PFD 927804302 1,320,682.95 21,485.00SHDEFINED
VIRGINIA ELEC PWR CO PFD 927804500 1,553,008.08 21,684.00SHDEFINED
VIRGINIA ELEC PWR CO PFD 927804633 4,197,200.00 40,000.00SHDEFINED
VISTEON CORP COMMCOM 92839U107 8.70 0.58SHDEFINED
WAL-MART STORES, INCORPORATED COM 931142103 21,006,562.50 436,500.00SHDEFINED
WALGREEN COMPANY COM 931422109 971,200.00 25,600.00SHDEFINED
WASHINGTON GAS LT CO PFD 938837606 236,272.53 3,139.00SHDEFINED
WELLPOINT HEALTH NEWTORKS COM 94973H108 20,198,400.00 210,400.00SHDEFINED
WELLS FARGO COMPANY COM 949746101 24,870,562.50 541,400.00SHDEFINED
WESTERN RES INC PFD 959425307 461,133.68 8,153.00SHDEFINED
WISCONSIN PWR LT CO PFD 976826206 364,599.20 5,680.00SHDEFINED
WISCONSIN PWR LT CO PFD 976826404 173,600.00 2,500.00SHDEFINED
WISCONSIN PWR LT CO PFD 976826503 321,881.94 4,597.00SHDEFINED
WISCONSIN PWR LT CO PFD 976826602 357,264.30 4,938.00SHDEFINED
WISCONSIN PUB SVC CORP PFD 976843300 814,104.54 10,743.00SHDEFINED
WISCONSIN PUB SVC CORP PFD 976843409 491,123.40 6,430.00SHDEFINED
WISCONSIN PUB SVC CORP PFD 976843508 2,632,476.00 25,900.00SHDEFINED
WORLDCOM INC COM 98157D106 273,375.00 9,000.00SHDEFINED
XCEL ENERGY INC PREFPFD 98389B308 2,812,565.00 47,270.00SHDEFINED
XCEL ENERGY INC PREFPFD 98389B407 3,538,040.00 58,480.00SHDEFINED
XCEL ENERGY INC PREFPFD 98389B506 4,746,017.50 79,765.00SHDEFINED
XCEL ENERGY INC PREFPFD 98389B605 2,763,125.00 44,210.00SHDEFINED
XCEL ENERGY INC PREFPFD 98389B704 2,570,203.12 39,165.00SHDEFINED
FIXED INCOME UNITS COM 990017790 13,586,201.20 818,199.41SHDEFINED
MUENCHENER RUECKVER AG-REG COM D55535104 133,056,501.45 447,294.00SHDEFINED
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