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StorebrandASA-AR_2019 | 1,422 | Sensitivity analyses The tables show the fall in value for Storebrand Life Insurance and SPP’s investment portfolios as a result of immediate changes in value related to financial market risk. The calculation is model-based and the result is dependent on the choice of stress level for each category of asset. The stresses have been applied to the company portfolio and guaranteed customer portfolios as at 31 December 2019. The effect of each stress changes the return in each profile. | 79 | annual_report |
gb_prudential-AR_2014 | 94 | While product innovations are important we are increasingly finding that customer service is a key differentiator in 2017 objectives* | 19 | annual_report |
LloydsBankingGroupPLC-AR_2017 | 152 | Interest rates are expected to remain low, with gradual rises beneficial to our savings customers and the Group | 18 | annual_report |
4495 | 737 | Significant components of Brown & Brown’s current deferred tax assets as of December 31 are as follows: | 17 | 10K |
RSAInsuranceGroupPLC-AR_2013 | 2,118 | Property price risk The Group’s portfolio of properties is subject to property price risk arising from changes in the market value of properties. Further information on the valuation approach is included in note 13. Thus if the value of property falls so will the fair value of the portfolio as set out in the sensitivity analysis on page 122. | 59 | annual_report |
2616 | 667 | We have increased the number of producers in California to 917 with 1,602 locations at December 31, 2004 from 515 producers with 1,002 locations at December 31, 2003, an increase of producer locations of 60%. Our strategy remains to increase the number of producers, without over-saturating the market. We closely monitor the behavior of our new producers to ensure adherence to our underwriting standards. | 64 | 10K |
1608 | 285 | The Company's weighted average crediting rates for annuities decreased to 6.14% in 2000 from 6.15% in 1999, which had decreased from 6.27% in 1998. However, the Company's weighted average crediting rates for interest-sensitive life products increased to 5.35% in 2000 from 5.31% in 1999, which had decreased from 5.32% in 1998. Changes in the Company's base crediting rates are implemented in response to changes in market conditions, the prevailing interest rate environment, contractual provisions, and other factors. The Company monitors market conditions closely and resets interest crediting rates as deemed appropriate in accordance with the terms of the underlying contracts. | 100 | 10K |
NatwestGroupPLC-AR_2013 | 2,891 | Cash and balances at central banks 82,661 — — — 82,661 — — — 82,661 — 82,661 Bank reverse repos 652 110 — — 762 — — — 762 25,795 26,557 Customer reverse repos — — — — — — — — — 49,897 49,897 Loans to banks 11,831 3,171 1,552 443 16,997 69 13 546 17,625 9,952 27,577 Loans to customers - Personal 7,776 8,942 4,141 7,108 27,967 24,008 20,107 100,664 172,746 239 172,985 - Corporate 20,310 11,741 13,175 16,970 62,196 43,207 34,227 38,746 178,376 5,561 183,937 - Financial Institutions 6,072 1,435 2,264 2,346 12,117 5,173 1,915 3,093 22,298 13,370 35,668 Debt securities 1,608 954 1,787 2,324 6,673 7,425 8,782 34,161 57,041 56,582 113,623 Equity shares — — — — — — — 1,612 1,612 7,199 8,811 Settlement balances 5,591 — — — 5,591 — — — 5,591 — 5,591 Derivatives 546 — — 1,282 1,828 2,148 427 129 4,532 283,508 288,040 Total financial assets 137,047 26,353 22,919 30,473 216,792 82,030 65,471 178,951 543,244 452,103 995,347 | 167 | annual_report |
4557 | 3,139 | The following table presents activity for the accretable yield on PCI investments for: | 13 | 10K |
StandardLifeAberdeenPLC-AR_2010 | 138 | Last year we said that we would increase our investment for growth in product development, marketing and technology. The programme is progressing well, with a number of customer propositions launched in 2010. The total investment spend expensed against IFRS operating profit has increased by 41% to £149m. The total amount invested in 2010 was £201m, including amounts invested in the China and India joint ventures and technology spend capitalised. | 69 | annual_report |
5634 | 15,614 | taken in a tax return and amounts recognized in the consolidated financial statements. | 13 | 10K |
PosteItalianeSpA-AR_2018 | 729 | This system is at the heart of Poste Italiane’s corporate governance6 allowing the Board of Directors to pursue its priority goal of creating value over the medium to long term whilst being able to determine the nature and level of risk that is compatible with the Company’s business objectives. | 49 | annual_report |
SwissLifeHoldingAG-AR_2004 | 1,495 | Reinsurance liabilities consisted of CHF 680 million as of 31 December 2004 (2003: CHF 703 million). | 16 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2012 | 1,368 | We posted a consolidated result of €247m for the primary insurance segment and €289m for the ERGO Group. At the beginning of the year, our projected result for the ERGO Group was approximately €400m. The deviation from the target figure is chiefly due to restructuring expenses for the sales reorganisation programme, which reduced the result by around €128m. | 58 | annual_report |
2401 | 665 | - These matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities, including but not limited to, the underlying facts of each matter, novel legal issues, variations between jurisdictions in which matters are being litigated, differences in applicable laws and judicial interpretations, the length of time before many of these matters might be resolved by settlement or through litigation and, in some cases, the timing of their resolutions relative to other similar cases brought against other companies, the fact that some of these matters are putative class actions in which a class has not been certified and in which the purported class may not be clearly defined, the fact that some of these matters involve multi-state class actions in which the applicable law(s) for the claims at issue is in dispute and therefore unclear, and the current challenging legal environment faced by large corporations and insurance companies. | 154 | 10K |
1050 | 535 | CHANGE IN MANAGEMENT STRUCTURE AND CORPORATE OVERHEAD EXPENSE REDUCTIONS: In the fourth quarter of 1997, the Company announced the termination of approximately 25 senior officers, managers and other employees in order to create a new management framework focused on correcting the problems of the past and restoring the Company to profitability. In addition, the Company initiated other efforts to reduce corporate overhead expenses by completing the relocation of its corporate headquarters in May 1998. The changes effected in the fourth quarter of 1997 and the relocation of corporate headquarters will result in considerable annual savings to the Company. | 98 | 10K |
ch_zurich_insurance_group-AR_2014 | 603 | Educational background Martin Senn received a Commercial and Banking diploma from the Business School in Basel, Switzerland and completed an International Executive Program at INSEAD in Fontainebleau as well as an Advanced Management Program at Harvard Business School. | 38 | annual_report |
1113 | 667 | The following table sets forth the amortized cost and estimated fair value of actively managed fixed maturities at December 31, 1998, by contractual maturity. Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Most of the mortgage-backed securities shown below provide for periodic payments throughout their lives. | 63 | 10K |
4319 | 1,023 | Golden Gate IV Vermont Captive Insurance Company (“Golden Gate IV”), a Vermont special purpose financial captive insurance company and wholly owned subsidiary, has an outstanding twelve-year LOC issued under a Reimbursement Agreement with UBS, with a total outstanding balance of $270.0 million as of December 31, 2010. The term of the LOC is 12 years. The LOC was issued to a trust for the benefit of WCL. Subject to certain conditions, the amount of the LOC will be periodically increased up to a maximum of $790 million in 2016. The LOC was issued to support certain obligations of Golden Gate IV to WCL for a portion of reserves related to level premium term life insurance policies reinsured by Golden Gate IV from WCL under an indemnity reinsurance agreement effective October 1, 2010. The estimated average annual expense of the LOC under GAAP is approximately $6.4 million, after tax. Pursuant to the terms of the Reimbursement Agreement, in the event amounts are drawn under the LOC by the trustee on behalf of WCL, Golden Gate IV will be obligated, subject to certain conditions, to reimburse UBS for the amount of any draw and interest thereon. The Reimbursement Agreement is “non-recourse” to us, PLC and WCL. Pursuant to the terms of a letter agreement with UBS, PLC has agreed to guarantee the payment of fees to UBS under the Reimbursement Agreement. Pursuant to the Reimbursement Agreement, Golden Gate IV has collateralized its obligations to UBS by granting UBS a security interest in certain of its assets. | 254 | 10K |
5547 | 1,286 | The amounts included within the loss development tables for the years ended December 31, 2009 through to December 31, 2017 (April 1, 2014 through to December 31, 2017 in the case of StarStone since its date of acquisition), as well as the historical average annual percentage payout ratios as of December 31, 2018, are presented as supplementary information and are therefore unaudited; | 62 | 10K |
5358 | 789 | Corporate securities include hybrid preferred securities with a fair value of $17.5 million at December 31, 2017 and $23.3 million at December 31, 2016. Corporate securities also include redeemable preferred stock with a fair value of $21.7 million at December 31, 2017 and $24.5 million at December 31, 2016. | 49 | 10K |
HiscoxLtd-AR_2012 | 1,066 | All amounts reported on the following page represent transactions with external parties only. In the normal course of trade, the Group’s entities enter into various reinsurance arrangements with one another. The related results of these transactions are eliminated on consolidation and are not included within the results of the segments. This is consistent with the information used by the chief operating decision maker when evaluating the results of the Group. Performance is measured based on each reportable segment’s profit before tax. | 81 | annual_report |
5070 | 549 | The $541,344 decrease in short-term investments is due to management’s decision to decrease our investment in funds that have a maturity of more than 90 days but less than one year at the date of purchase. | 36 | 10K |
ch_zurich_insurance_group-AR_2008 | 1,729 | Cash fl ow hedges Designated cash fl ow hedges, such as options on interest rate swaps are used to protect the Group against variability of future cash fl ows due to changes in interest rates associated with expected future purchases of debt securities (during the years 2011, 2016, 2021 and 2026) required for certain life insurance policies. The effective portion of the gains and losses on these swaps are initially recognized in comprehensive income. Subsequently the gains or losses will be recycled to income when the underlying investments are purchased and recognized on the balance sheet and affect income through the recognition of interest income between the years ended December 31, 2011 and 2036. The gains and losses relating to the ineffective portion of these hedges are recognized immediately in income within net capital gains/(losses) on investments and impairments. | 139 | annual_report |
fr_axa-AR_2004 | 773 | New Business Value (NBV) was up 18% to Euro 652 million, driven by most of our major operations, notably France, the US, Belgium, Southern Europe, Australia and Japan as a result of higher volume and product mix improvement. | 38 | annual_report |
GjensidigeForsikringASA-AR_2016 | 606 | • Drafting proposals for principles and a declaration on the stipulation of pay and other remuneration for executive personnel, employees and officers of the Company who have duties that are of material importance to the Company’s 42 I Gjensidige annual report 2016 | 42 | annual_report |
INGGroepNV-AR_2020 | 7,089 | For further discussion of the impact of bank recovery and resolution regimes on ING, see “Item 4. | 17 | annual_report |
717 | 710 | The Nebraska insurance laws provide that, without prior approval of the Nebraska Director, Risk Capital Reinsurance cannot pay a dividend or make a distribution (together with other dividends or distributions paid during the preceding 12 months) that exceeds the greater of (i) 10% of statutory surplus as of the preceding December 31 or (ii) statutory net income from operations from the preceding calendar year not including realized capital gains. Net income (exclusive of realized capital gains) not previously distributed or paid as dividends from the preceding two calendar years may be carried forward for dividends and distribution purposes. Any proposed dividend or distribution in excess of such amount is called an "extraordinary" dividend or distribution and may not be paid until either it has been approved, or a 30-day waiting period has passed during which it has not been disapproved, by the Nebraska Director. Notwithstanding the foregoing, the Nebraska insurance laws provide that any distribution that is a dividend may be paid by Risk Capital Reinsurance only out of earned surplus arising from its business, which is defined as unassigned funds (surplus) as reported in the statutory financial statement filed by Risk Capital Reinsurance with the Nebraska Insurance Department for the most recent year. In addition, the Nebraska insurance laws also provide that any distribution that is a dividend and that is in excess of Risk Capital Reinsurance's unassigned funds, exclusive of any surplus arising from unrealized capital gains or revaluation of assets, will be deemed an "extraordinary" dividend subject to the foregoing requirements. See "Business--Insurance Regulation--Regulation of Dividends and Other Payments from Insurance Subsidiaries" and Note 10 of the accompanying Notes to the Consolidated Financial Statements of the Company. | 280 | 10K |
5794 | 1,184 | Shareholders’ equity increased by $1,272.1 million to $9,132.9 million at December 31, 2019 from $7,860.8 million at December 31, 2018, principally as a result of $1,009.5 million of net income, $483.8 million of unrealized appreciation on investments net of tax, $30.9 million of share-based compensation transactions and $14.0 million of net foreign currency translation adjustments, partially offset by $234.3 million of shareholder dividends, the repurchase of 0.1 million common shares for $24.6 million and $7.1 million of net benefit plan obligation adjustments, net of tax. | 85 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002 | 1,331 | In our risk management activities, we continually analyse our risk situation. Our experts evaluate the most important risks for us with a view to their occurrence probability and possible financial repercussions. In addition, we carry out stress tests and scenario analyses and take appropriate measures for excluding or limiting unacceptable risks. | 51 | annual_report |
NatwestGroupPLC-AR_2009 | 2,640 | The table below shows the Group’s global markets sponsor-led leveraged finance exposures by industry and geography. The gross exposure represents the total amount of leveraged finance committed by the Group (drawn and undrawn). The net exposure represents the balance sheet carrying values of drawn leveraged finance and the total undrawn amount. The difference between gross and net exposures is principally due to the cumulative effect of impairment provisions and historic write-downs on assets prior to reclassification. | 76 | annual_report |
4478 | 1,409 | The expense to be recorded for the deferred stock units is determined utilizing the number of awards granted and the grant date fair market value. The expense is recognized at the date of grant as the awards are fully vested. In 2011, 2010 and 2009, respectively, there were 15,600, 16,830 and 17,985 units issued under the plan for which $443,000, $493,000 and $450,000 of expense was recognized. The weighted average grant date fair value of units granted during 2011, 2010 and 2009 was $31.89, $32.58 and $27.83 per unit, respectively. | 90 | 10K |
LloydsBankingGroupPLC-AR_2013 | 1,588 | Skills and experience: António brings extensive experience in, and understanding of, both retail and commercial banking. This has been built over a period of more than 25 years, working both internationally as well as in the uK. António’s drive, enthusiasm and commitment to customers, along with his proven ability to build and lead strong management teams, brings significant value to all stakeholders of lloyds Banking Group. António has a Degree in Management & Business Administration from the universidade Católica Portuguesa, an MBA from InSeAD and has completed the Advanced Management Program at Harvard Business School. | 95 | annual_report |
3671 | 1,099 | The net impact on shareholders’ equity of foreign exchange losses relating to Gordian in 2008 is summarized in the table below: | 21 | 10K |
fr_axa-AR_2019 | 607 | On November 15, 2019, AXA announced that Matthieu Bébéar, previously Deputy CEO of AXA France and CEO of AXA Particuliers | 20 | annual_report |
2621 | 834 | The Company consolidates FSA Global, Canadian Global and Premier. The aggregate increase related to adoption of FIN 46 on July 1, 2003 was a $1.9 billion increase in total assets and total liabilities. The differences upon consolidation were reflected as a cumulative effect of a change in accounting principle. The cumulative effect of a change in accounting principle for Canadian Global resulted in additional income of $4.8 million, net of income tax in 2003. During the third quarter of 2004 the majority of the assets of Canadian Global were liquidated and its liabilities satisfied. There was no income statement effect from consolidating FSA Global and Premier. FSA Global is managed as a "matched funding vehicle," in which the proceeds from the issuance of FSA-guaranteed notes are invested in obligations having cash flows substantially matched to those of, and maturing prior to, such notes. In certain cases, investments of FSA Global consist of GICs issued by the GIC Subsidiaries. In each such case, the Company's GIC liability and GIC asset are eliminated in consolidation. At December 31, 2004, $961.9 million was eliminated as a result of such consolidation. The Company's management believes that the assets held by the VIEs, including those that are eliminated in consolidation, are beyond the reach of the | 211 | 10K |
NatixisSA-AR_2003 | 4,181 | 2004 will witness further efforts to align IT services with business-line strategy, notably via the completion of work on back-office securities processing, the launch of work on firm sales and lending-borrowing in the equity back-office channel, efforts to optimise databases (stocks, prices, third parties), together with an investigation into the implementation of a global confirmation management tool (workflow ) and a company directory. | 63 | annual_report |
649 | 236 | Results for our casualty business were similarly unprofitable in each of the past three years. In each year, casualty results were adversely affected by increases in loss reserves for asbestos-related and toxic waste claims. The amount of such reserve strengthening in the casualty classes decreased in 1996 and again in 1997. The excess liability component of our casualty coverages has remained profitable due to favorable loss experience in this class. Results for the primary liability component were extremely unprofitable in 1997 and 1996 due to an increased frequency of losses. Results in the automobile component were unprofitable in 1997 compared with breakeven results in 1996 and profitable results in 1995. The deterioration in 1997 was due to an increase in the frequency of large losses. | 125 | 10K |
2358 | 1,296 | CFC’s insurance subsidiary declared dividends to the company of $175 million in 2004, $50 million in 2003, and $100 million in 2002. Dividends paid by insurance subsidiaries are restricted by regulatory requirements of the insurance subsidiaries’ domiciliary state. Generally, the maximum dividend that may be paid without prior regulatory approval is limited to the greater of 10 percent of statutory surplus or 100 percent of statutory net income for the prior calendar year, up to the amount of statutory unassigned surplus as of the end of the prior calendar year. Dividends exceeding these limitations may be paid only with approval of the insurance department of the subsidiary’s domiciliary state. During 2005, the total dividends that may be paid to the company without regulatory approval will be approximately $588 million. | 129 | 10K |
5396 | 421 | The increase in revenues from 2016 to 2017 was $75.4 million, or 14.9%, driven by growth in earned premiums and net investment income in our insurance operations, partially offset by reduced service and administrative fees, ceding commissions, and unrealized losses on equities in our specialty insurance investment portfolio, as compared to prior period gains. This was consistent with our strategy to grow written premiums of our insurance business which contributes to increased investable assets and investment income. In addition to the growth in revenues, the combination of unearned premiums and deferred revenues on the balance sheet grew by $93.0 million or 19.9%, as we continue to grow credit protection and warranty written premiums, which are earned over multiple years. | 119 | 10K |
5001 | 691 | Losses and settlement expenses increased 15.7 percent to $385,474 in 2014 from $333,287 in 2013, and the loss and settlement expense ratio increased to 71.3 percent in 2014 from 64.7 percent in 2013. Both segments experienced increases in their loss and settlement expense ratios during 2014, but the increase was especially large in the reinsurance segment due to increases in both loss severity and catastrophe and storm losses, and the unusually low loss and settlement expense ratio reported for 2013. The improved premium rate adequacy achieved over the past several years helped reduce the impact that the elevated level of losses would have otherwise had on the loss and settlement expense ratios. The actuarial analysis of the Company’s carried reserves at December 31, 2014 indicates that the level of reserve adequacy is consistent with other recent evaluations. From management’s perspective, this measure is more relevant to an understanding of the Company’s results of operations than the composition of underwriting results between the current and prior accident years. | 167 | 10K |
3830 | 1,096 | The decrease in premiums written and earned and losses and LAE assumed in the year ended December 31, 2008, as compared to 2007, was principally due to the Fairmont business, which the Company assumed at the start of 2006. Prior to 2008, the majority of policies underwritten by Fairmont were issued initially by Fairmont and assumed by the Company through a 100% quota share reinsurance agreement. By the end of 2007, substantially all Fairmont business was being written directly by Crum & Forster. For further details on Fairmont, see Note 1 to the consolidated financial statements. For the years ended December 31, 2008 and 2007, the Company assumed premiums of $86 and $18,769, respectively, from Fairmont and had unpaid losses and LAE balances of $22,753 and $48,383 in respect of assumed losses from Fairmont at December 31, 2008 and 2007, respectively. | 141 | 10K |
NatixisSA-AR_2013 | 8,119 | In order to increase the share capital by issuing shares or securities giving access to the Company’s capital, reserved for members of employee savings plans with waiving of preferential subscription rights in favor of said members, pursuant to Article L.225-129-6 of the French Commercial Code €48 m (c) 26 months 02.19.2014 | 51 | annual_report |
5529 | 1,426 | Beginning in the first quarter of 2018, we are reporting restricted cash in its own line item on the Consolidated Balance Sheets | 22 | 10K |
3082 | 2,167 | customer service, transaction processing and a variety of functional support services provided by GENPACT International formerly GE Capital International Services, or GECIS; | 22 | 10K |
RSAInsuranceGroupPLC-AR_2020 | 1,072 | · Review of LTIP participation, share grants made, all-employee share plan participation, and dilution levels • • | 17 | annual_report |
4955 | 1,175 | Premiums receivable consist of premiums due on our mortgage insurance policies. If mortgage insurance premiums are unpaid for more than 90 days, the receivable is written off against earned premium and the related insurance policy is cancelled. For all periods presented, no provision or allowance for doubtful accounts was required. | 50 | 10K |
HannoverRueckSE-AR_2006 | 512 | All in all, therefore, Hannover Life Re America 's operating profit (EBIT) retreated somewhat from EUR 17.4 million in the previous year to EUR 15.9 million. Net income after tax declined to EUR 8.7 million (EUR 10.5 million). | 38 | annual_report |
5851 | 14,210 | (b) The derivative assets have been presented net of collateral. The derivative assets supporting the Fortitude Re funds withheld arrangements had a fair market value of $357 million as of December 31, 2020. These derivative assets are fully collateralized. | 39 | 10K |
4244 | 1,730 | The calculation of diluted earnings per share for the years ended December 31, 2010, 2009 and 2008, excludes the incremental effect related to certain outstanding stock-based compensation grants due to their anti-dilutive effect. | 33 | 10K |
SwissReAG-AR_2008 | 66 | Property & Casualty Property & Casualty services encompass traditional reinsurance as well as insurance products for corporate clients. Combining global expertise and local knowledge, we provide clients with financially sound reinsurance support in all lines of business. | 37 | annual_report |
3173 | 7,739 | attractive to potential students. SHP enrollment includes approximately 80 students in our metropolitan Phoenix market that are trained using state of the art distance learning technology maximizing utilization of SHP instructors. Students are provided with company-funded scholarships that cover tuition, books and fees in return for a commitment to work at one of our hospitals for a defined period of time. Should we be unsuccessful in our attempts to maintain adequate nursing staff for our present and future needs, our future operating results could be adversely impacted. | 87 | 10K |
de_allianz-AR_2012 | 3,682 | With the sale of Dresdner Bank becoming effective on 12 January 2009, Allianz terminated the indemnification undertaking issued in 2001 in favor of the Federal Association 46 – Contingent liabilities, commitments, guarantees, and assets pledged and collateral continGent liabilities | 39 | annual_report |
4779 | 3,014 | The Company also periodically reviews other long-term assumptions underlying the projections of estimated gross margins and profits. These assumptions primarily relate to investment returns, policyholder dividend scales, interest crediting rates, mortality, persistency and expenses to administer business. Management annually updates assumptions used in the calculation of estimated gross margins and profits which may have significantly changed. If the update of assumptions causes expected future gross margins and profits to increase, DAC and VOBA amortization will decrease, resulting in a current period increase to earnings. The opposite result occurs when the assumption update causes expected future gross margins and profits to decrease. | 101 | 10K |
HelvetiaHoldingAG-AR_2011 | 1,075 | Income from unit-linked investments1 – 46.6 82.9 - - 0.0 0.0 - - – 46.6 82.9 | 16 | annual_report |
fr_axa-AR_2009 | 4,353 | shares were purchased under this liquidity contract for an average weighted gross unit price of €15.17, and 8,350,964 shares were sold for an average weighted gross unit price of | 29 | annual_report |
1637 | 277 | On a certain annuity product, the interest is credited to contractholders' accounts based upon the relative change in a major stock market index between the beginning and end of the product's term. As a means of hedging the Company's obligation under the provisions of this product, the committee's strategy is to purchase and write options on the major stock market index, and to purchase futures which are marked to market daily and exchange traded, exposing the Company to no counterparty risk. | 81 | 10K |
fr_axa-AR_2014 | 7,763 | Moreover, options to acquire AB Holding Units were granted as follows: 25,106 options were granted during 2014, 37,690 options were granted during 2013, 114,443 options were granted during 2012, and 70,328 options were granted in 2011. | 36 | annual_report |
1461 | 477 | Management periodically reviews the Company's guidelines for premiums, surcharges, discounts, cancellations and non-renewals and other related matters. As part of this review, rates and rating classifications for its physicians, medical groups | 31 | 10K |
TrygAS-AR_2011 | 81 | Along with Morten Hübbe, the Group Executive Vice Presidents of the six areas (Private, Commercial, Corporate, Sweden/Finland, | 17 | annual_report |
AegonNV-AR_2018 | 5,089 | Non-cumulative subordinated notes USD 525 million 8% Quarterly, February 15 Called in 2018 - 69 | 15 | annual_report |
4655 | 1,646 | The Impairment Committee’s assessment of whether an OTTI loss has occurred incorporates both quantitative and qualitative information. Fixed maturity securities that CNA intends to sell, or it more likely than not will be required to sell before recovery of amortized cost, are considered to be other-than-temporarily impaired and the entire difference between the amortized cost basis and fair value of the security is recognized as an OTTI loss in earnings. The remaining fixed maturity securities in an unrealized loss position are evaluated to determine if a credit loss exists. The factors considered by the Impairment Committee include: (i) the financial condition and near term prospects of the issuer, (ii) whether the debtor is current on interest and principal payments, (iii) credit ratings of the | 124 | 10K |
RaiffeisenBankInternationalAG-AR_2011 | 925 | Profi t after non-controlling interests 49 39 27.3% 16 13 27.5% | 11 | annual_report |
LloydsBankingGroupPLC-AR_2015 | 1,101 | The Non-Executive Directors are listed on pages 56 and 57. 56 | 11 | annual_report |
5099 | 906 | Level 1 primarily consists of publicly traded equity securities and highly liquid, direct obligations of the U.S. Government whose fair value is based on quoted prices that are readily and regularly available in an active market. Level 2 primarily consists of financial instruments whose fair value is based on quoted prices in markets that are not active and include U.S. government agency securities, fixed maturity investments and nonredeemable preferred stocks that are not actively traded. At December 31, 2015, Level 2 included $219.8 million of securities, which are valued based upon a non-binding broker quote and validated with other observable market data by management. Level 3 consists of financial instruments that are not traded in an active market, whose fair value is estimated by management based on inputs from independent financial institutions, which include non-binding broker quotes. The Company believes these estimates reflect fair value, but the Company is unable to verify inputs to the valuation | 156 | 10K |
2780 | 719 | The following analysis of the Results of Operations should be read in conjunction with the Consolidated Financial Statements, which begin on Page 31 of this Form 10-K. Primary reference is made to the Consolidated Statements of Income on page 33 and segment information provided in Note 14 to the Consolidated Financial Statements. | 52 | 10K |
4595 | 903 | In addition to fixed maturities noted in the foregoing table, the Company has exposure totaling $276 million to private equity limited partnerships and real estate partnerships (both of which are included in other investments in the Company's consolidated balance sheet) whose primary investing focus is across Europe. The Company has unfunded commitments totaling $145 million to these partnerships. The Company also has $4 million of nonredeemable preferred stock (included in equity securities on the Company's consolidated balance sheet) issued by companies in the Eurozone. | 84 | 10K |
fr_axa-AR_2007 | 1,325 | Net capital gains or losses attributable to shareholders net of income tax 27 32 20 30 | 16 | annual_report |
5951 | 802 | •Account balances for funding agreements with fixed maturities are calculated using the amount deposited with the Company, less withdrawals, plus interest accrued to the ending valuation date. Interest on these contracts is accrued by a predetermined index, plus a spread or a fixed rate, established at the issue date of the contract. | 52 | 10K |
fr_axa-AR_2009 | 7,019 | Comprehensive Income by €-50.6 million, net of tax and policyholders’ participation related adjustments. | 13 | annual_report |
StandardLifeAberdeenPLC-AR_2020 | 1,698 | Pay compared to performance The graph shows the difference in the total shareholder return at 31 December 2020 if, on 1 January 2010, £100 had been invested in Standard Life Aberdeen plc and in the FTSE 100 respectively. It is assumed dividends are reinvested in both. The FTSE 100 has been chosen as Standard Life Aberdeen plc is a member of this FTSE grouping. | 64 | annual_report |
3086 | 842 | The following pro forma information shows net income and earnings per basic and diluted share if compensation expense for our employee stock options had been determined based on the fair value method of accounting: | 34 | 10K |
3092 | 487 | Certain cash balances, cash equivalents and bonds available for sale were deposited with various governmental authorities in accordance with statutory requirements or were held in trust pursuant to intercompany reinsurance agreements. The estimated fair value of bonds available for sale and on deposit or held in trust were as follows as of December 31, 2006 and December 31, 2005: | 59 | 10K |
3065 | 813 | The loss and LAE ratio for the years ended December 31, 2005 and 2004 and the percentage point change for each of our divisions and in total are as follows: | 30 | 10K |
2164 | 259 | FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. - ------- -------------------------------------------- The consolidated financial statements from the Company's Annual Report to Stockholders for the year ended December 31, 2003, which is included as Exhibit 13(c) to this Form 10-K, are incorporated herein by reference. | 41 | 10K |
CNPAssurancesSA-AR_2000 | 726 | Demand remained strong for Poste Avenir, both as a stand-alone product and as an underlying investment for the Garantie Multi-Options (GMO) unit-linked product. | 23 | annual_report |
5370 | 734 | After-tax earnings of our railroad business in 2017 were $4.0 billion, an increase of 10.9% compared to 2016, reflecting increased unit volume. Our railroad business generated lower net earnings in 2016 compared to 2015, primarily due to a 5.0% decline in unit volume. After-tax earnings of our utility and energy business in 2017 declined $204 million compared to 2016. Earnings in 2017 were negatively affected by losses from the prepayment of certain long-term debt. After-tax earnings of our utilities and energy businesses increased in 2016 compared to 2015, attributable to increased pre-tax earnings and a lower effective income tax rate. | 100 | 10K |
4232 | 943 | On December 21, 2010, we acquired Concentra Inc., or Concentra, a health care company based in Addison, Texas, for cash consideration of $804.7 million. Through its affiliated clinicians, Concentra delivers occupational medicine, urgent care, physical therapy, and wellness services to workers and the general public through its operation of medical centers and worksite medical facilities. The Concentra acquisition provides entry into the primary care space on a national scale, offering additional means for achieving health and wellness solutions and providing an expandable platform for growth with a management team experienced in physician asset management and alternate site care. The preliminary fair values of Concentra’s assets acquired and liabilities assumed at the date of the acquisition are summarized as follows: | 119 | 10K |
ScorSE-AR_2009 | 3,519 | Certain Directors or the Non-Voting Director of SCOR are also members of the Boards of Directors for the Group’s subsidiary companies and as a result of this, received Directors’ fees in 2009. | 32 | annual_report |
4450 | 927 | The Company is largely dependent upon dividends received from its insurance subsidiaries to pay debt service costs and to make distributions to its shareholders. Under current insurance law, the Insurance Companies are entitled to pay ordinary dividends of approximately $179 million in 2012 to Mercury General. The Insurance Companies paid Mercury General extraordinary dividends of $270 million and no ordinary dividends during 2011. As of December 31, 2011, Mercury General had approximately $76 million in investments and cash that could be utilized to satisfy its direct holding company obligations. | 89 | 10K |
1772 | 395 | Benefits and expenses, other than deferred policy acquisition costs, related to traditional life, accident and health, disability and dental insurance products are recognized when incurred in a manner designed to match them with related premiums and spread income recognition over expected policy lives. For universal life-type and annuity products, benefits include interest credited to policyholders' accounts, which is recognized as it accrues. | 62 | 10K |
LloydsBankingGroupPLC-AR_2011 | 1,966 | – the european Commission published a draft of the new Capital Requirements Directive and Regulation (CRD iV) which will implement within the eU the so called ‘Basel iii’ reforms for an enhanced global capital accord developed by the Basel Committee on Banking supervision. | 43 | annual_report |
AegonNV-AR_2011 | 5,465 | In addition, AEGON reinsures the elective guaranteed minimum withdrawal benefit rider issued with a ceding company’s variable annuity contracts. The rider is essentially a return of premium guarantee, which is payable over a period of at least fourteen years from the date that the policyholder elects to start withdrawals. At contract inception, the guaranteed remaining balance is equal to the premium payment. The periodic withdrawal is paid by the ceding company until the account value is insufficient to cover additional withdrawals. Once the account value is exhausted, | 87 | annual_report |
3558 | 1,324 | Net statutory premiums collected, which include premiums collected from annuities and universal life-type products that are not included in revenues for GAAP reporting, totaled $2,078.4 million in 2007, $2,296.2 million in 2006 and $1,432.7 million in 2005. Premiums are concentrated in the following states: | 44 | 10K |
ch_zurich_insurance_group-AR_2017 | 1,247 | Remuneration and personal loans for former members of the ExCo Former members of the ExCo are eligible to continue their mortgage loans following retirement on similar terms to those when they were employed, in line with the terms available to employees in Switzerland. As of December 31, 2017 and 2016, no former member of the ExCo had any outstanding loans, advances or credits. | 63 | annual_report |
gb_prudential-AR_2019 | 4,682 | Note Including net flows of the Group’s insurance joint ventures and associate. | 12 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2002 | 1,782 | The following table gives the periods to maturity of cash flow hedges at the balance sheet date: Up to 3 3–6 6–12 1–5 Over Total All figures in €m months months months years 5 years | 35 | annual_report |
SwissLifeHoldingAG-AR_2002 | 275 | Council of the Canton of Schaffhausen – Member of the National Council since 1991 – 2001/2002 President of the Liberal | 20 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2018 | 677 | At €843m (855m), gross premiums written in international life insurance business were down on the previous year by 1.4%. This was partly due to developments in Belgium, where we deliberately stopped writing new business in the middle of 2017. Total premium income in international life insurance business was down 3.5% to €1,123m (1,164m). | 53 | annual_report |
4822 | 879 | •the substantial growth in our IIF which has driven the increase in net premiums earned experienced in 2012 and through June 30, 2013; | 23 | 10K |
5641 | 1,382 | The fair value of each option is estimated on the date of grant using the Black-Scholes option pricing model. For all options granted through December 31, 2018, the exercise price equaled the market price on the grant date. Compensation cost related to options is based upon the grant date fair value and expensed on a straight-line basis over the service period for each separately vesting portion of the option as if the option was, in substance, multiple awards. | 78 | 10K |
2939 | 858 | Under SAP, certain assets (such as property and equipment) designated as “non-admitted” are charged directly to surplus. | 17 | 10K |
HiscoxLtd-AR_2010 | 1,246 | Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the retranslation at year end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement, except when deferred in equity as IAS 39 effective net investment hedges or when the underlying balance is deemed to form part of the Group’s net investment in a subsidiary operation and is unlikely to be settled in the foreseeable future. | 97 | annual_report |
ch_zurich_insurance_group-AR_2012 | 966 | Other net income 62 36 71% Business operating profit 1,441 1,370 5% Managed gross earned premium margin 7.3% 1 7.3% – | 21 | annual_report |
5153 | 2,004 | We issue fixed and floating rate funding agreements which are denominated in either U.S. dollars or foreign currencies, to certain SPEs that have issued either debt securities or commercial paper for which payment of interest and principal is secured by such funding agreements. During the years ended December 31, 2015, 2014 and 2013, we issued $48.1 billion, $48.9 billion and $37.7 billion, respectively, and repaid $49.9 billion, $45.6 billion and $36.8 billion, respectively, under such funding agreements. At December 31, 2015 and 2014, total obligations outstanding under these funding agreements were $31.6 billion and $33.9 billion, respectively. See Note 4 of the Notes to the Consolidated Financial Statements. | 108 | 10K |
4639 | 864 | The increase in our operating costs for 2011 was due to business growth, including an increased mix of Optum and UnitedHealthcare fee-based and service revenues, which have higher operating costs, and increased spending related to reform readiness and compliance. These factors were partially offset by overall operating cost management and the increase in 2010 operating costs due to the goodwill impairment and charges for a business line disposition of certain i3-branded clinical trial service businesses. | 75 | 10K |
PhoenixGroupHoldingsPLC-AR_2018 | 57 | CAPITAL MARKETS DAY In November Phoenix held a very well-attended Capital Markets Day to provide an update on the Standard Life Assurance acquisition. The presentation illustrated how Phoenix has evolved from being a ‘closed’ business to a consolidator of both Open and Heritage life businesses. | 45 | annual_report |
5592 | 1,608 | under the 2013 Plan of which 1,972,068 shares are available for future grant as of December 31, 2018. | 18 | 10K |
PhoenixGroupHoldingsPLC-AR_2016 | 129 | The customer strategy at Phoenix Group is focused on improving customer outcomes. Security of our customer assets is foremost, followed by our aim to maximise returns wherever possible but primarily through enhanced distribution of the estate within the life funds. We delivered an additional £103 million of distributable estate through management actions, more than twice our 2016 target, and have therefore directly benefited our with-profit policyholders through increased payouts. We have improved the strength of our with-profit funds over several years which has led to an increased ability to pay bonuses. Our emphasis has been on improving final bonuses, but many funds are now strong enough to allow us to also re-introduce annual bonuses. Almost 80% of our withprofits policyholders are now receiving an annual bonus, compared to less than 40% in 2012. | 133 | annual_report |
1921 | 701 | None of the Company's customers represented more than 10% of the Company's consolidated commissions and fees for the years ended December 31, 2002, 2001 and 2000. | 26 | 10K |
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