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1291
161
Following is the selected financial data of the Company for the five years ended December 31, 1999. This data should be read in conjunction with the consolidated financial statements and notes thereto appearing under Item 8 of this Form 10-K.
40
10K
4655
1,360
Boardwalk Pipeline expects to spend approximately $250 million in 2013 on its current expansion projects, including $33 million related to the Southeast Market Expansion, $73 million related to the South Texas Eagle Ford Expansion, $16 million related to the Natural Gas Salt Dome Storage Project and $39 million related...
56
10K
StorebrandASA-AR_2011
914
Both committees consist of three board members, two shareholder-elected board members and one-employee elected board member. This helps ensure thorough and independent consideration of matters that concern internal control, financial reporting and the remuneration of executive personnel. The committees are preparatory ...
81
annual_report
2464
1,158
In May 2004, Moody’s downgraded the Company’s senior debt credit ratings to Ba1 from Baa3 and the financial strength ratings on the Company’s insurance company subsidiaries to Baa1 from A3. The ratings outlook is “negative”. This action concluded the ratings review Moody’s initiated in February 2004. Moody’s indicated ...
155
10K
3854
983
The Company and its subsidiaries file a consolidated federal income tax return. The provision for income tax (benefit) expense consists of the following components:
24
10K
BaloiseHoldingLtd-AR_2017
1,503
Baloise Group annual Report 2017 Financial Report notes to the consolidated annual financial statements 3.25 Taxes provisions for deferred income taxes are recognised under the liability method, which means that they are based either on the current tax rate or on the rate expected in future. Deferred income taxes refle...
99
annual_report
3264
624
Property provides standard and excess property coverage, as well as marine coverage and boiler and machinery to a wide range of businesses.
22
10K
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2009
538
48 corporate governance corporate governance StateMent the new structure comprises only two remuneration components: basic and variable remuneration. the variable remuneration component contains both annual and three­year objectives, thus replacing the annual bonus and Mid­term incentive plan. the long­term incentive p...
102
annual_report
4051
3,242
AIG estimates the fair value of fixed maturity securities not traded in active markets, including receivables (payables) arising from securities purchased (sold) under agreements to resell (repurchase), and mortgage and other loans receivable for which AIG elected the fair value option, by referring to traded securitie...
152
10K
3266
619
RGA Reinsurance houses its employees and the majority of RGA’s officers in approximately 167,000 square feet of office space at 1370 Timberlake Manor Parkway, Chesterfield, Missouri. These premises are leased through December 31, 2014, at annual rents ranging from approximately $2,100,000 to $2,900,000. RGA Reinsurance...
116
10K
984
399
Income in the Employee Benefits segment increased $45.6 million, or 114.0 percent, to $85.6 million in 1998 from $40.0 million in 1997. The increase is primarily the result of the acquisition of Paul Revere and improved results in the group disability, group life, accidental death and dismemberment, and GENEX lines of ...
204
10K
de_allianz-AR_2015
1,942
Due to changing market and economic conditions, the underlying assumptions may differ from actual developments. Potential financial impacts from deviations in certain critical assumptions based on respective sensitivity analyses are disclosed in note 48 Pensions and similar obligations.
38
annual_report
fr_axa-AR_2018
2,283
Each concerned senior executive is required to meet this Minimum Shareholding Requirement within a period of 5 years as from the date of her/his first appointment.
26
annual_report
1741
370
The Company's combined ratios increased in 2001 primarily due to lower premium volume coupled with unfavorable loss development from prior accident years and an increase in the reserve for LAE as a result of the increases to its loss reserves and an increase in future overhead costs that will be allocated to settle cla...
119
10K
4917
7,241
In June 2014, the FASB issued guidance which clarifies that a performance target that affects vesting and could be achieved after the requisite service period should be treated as a performance condition and should not be reflected in estimating the grant-date fair value of the award. Compensation costs should reflect ...
127
10K
2676
716
A material weakness exists as of December 31, 2004, with regard to the lack of properly documented financially significant automated applications, which affects management's ability to effectively monitor risks relating to applications that are significant to financial reporting. In addition, a material weakness exists...
114
10K
BeazleyPLC-AR_2020
1,935
Market Facilities 4% – – 4% Political, Accident & Contingency 7% 1% – 8%
14
annual_report
HelvetiaHoldingAG-AR_2019
1,951
Financial report Employee benefits 13.3.5 Revaluation of benefit obligations in CHF million
12
annual_report
HannoverRueckSE-AR_2013
1,667
Consolidated statement of changes in shareholders’ equity 2013 in EUR thousand Common shares Additional paid-in capital
16
annual_report
RaiffeisenBankInternationalAG-AR_2005
1,609
Loans are deemed non-performing if either the counterparty’s financial situation is such that no recovery of funds may be expected or the counterparty has not met its financial obligations for a period of more than 90 days.
37
annual_report
NatwestGroupPLC-AR_2009
899
In addition, the Group, together with HM Treasury, has agreed with the Commission a prohibition on the making of discretionary dividends (including on preference shares and B shares) or coupon payments on existing hybrid capital instruments for a two-year period commencing no later than 30 April 2010. It is possible th...
97
annual_report
CNPAssurancesSA-AR_2005
939
Among the human resources projects submitted to us for review, we were particularly interested in the proposal to create a skills database and in the pilot programme to create a management institute to provide employee training. The project was launched in 2004 and will be rolled out to the entire organisation in the c...
55
annual_report
gb_prudential-AR_2005
297
Prudential has a diverse international mix of businesses with a significant proportion of its profit generated outside the UK.
19
annual_report
2326
615
An analysis of the valuation allowances on mortgage loans on real estate for 2003, 2002 and 2001 is as follows:
20
10K
nl_ing_grp-AR_2016
7,563
VaR SVaR IRC CRM Other Total RWA Total capital requirements 1 RWA at previous year end 1,797 2,931 3,579 8,307 665 1a Regulatory adjustment 1,262 1,962 239 3,464 277 1b RWA at previous year-end (end of the day) 535 969 3,339 4,844 387 2 Movement in risk levels -86 85 -1,839 - 1,840 -147 3 Model updates/changes 4 Method...
84
annual_report
4282
1,907
Recoveries recognized under reinsurance agreements were $71.9 million, $75.2 million and $64.0 million for 2010, 2009 and 2008, respectively. Amounts recoverable from reinsurers were $938.3 million and $935.0 million at December 31, 2010 and 2009, respectively. Of these amounts, $786.6 million and $792.7 million for 20...
72
10K
1650
454
RESULTS OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2001 COMPARED TO THE YEAR ENDED DECEMBER 31, 2000
18
10K
RSAInsuranceGroupPLC-AR_2019
1,410
As with previous years, there has been a focus on development of exposure to investments within illiquid credit instruments. These investments, which include infrastructure loans, loans backed by property and trade receivables, have been targeted to take advantage of the additional yield offered for illiquidity relativ...
114
annual_report
4240
1,266
The Company has also issued commitments to three pooled investment programs managed or administered by Cutwater Investor Services Corp. (“Cutwater-ISC”) and its subsidiary. As of December 31, 2010, these commitments had a notional amount of $4.2 billion. Although the pooled investment programs hold high-quality short-t...
86
10K
2852
536
party involved in the entity, an estimate of the entity's expected losses and expected residual returns and the allocation of such estimates to each party.
25
10K
fr_axa-AR_2002
840
Alliance Units may be sold to the AXA Financial at the prevailing market price over the remaining 7 years of the original eight-year period, ending in 2009. Generally, not more than 20% of the original Units issued to the former Bernstein shareholders may be put to AXA Financial in any one annual period.
53
annual_report
4634
1,460
securities until recovery. If that judgment changes, Ambac may ultimately record a charge for other-than-temporary impairment in future periods.
19
10K
3755
1,067
We have agreements to purchase services, primarily information technology related services, or to make improvements to real estate, in each case that are enforceable and legally binding on us and that specify all significant terms, including: fixed or minimum levels of service to be purchased; fixed, minimum or variabl...
93
10K
1401
640
Employee Stock Ownership Plan - NCRIC Group has an ESOP for employees who have attained age 21 and completed one year of service. As part of the stock offering, the ESOP borrowed $1.0 million from NCRIC Group to purchase 148,000 shares which are held in a trust account for allocation among participants as the loan is r...
141
10K
NatwestGroupPLC-AR_2015
325
Despite this generally positive environment, inflation hovered around 0% throughout the year. Most of the weakness in inflation was a consequence of falling commodity prices and the effects of the depreciation in sterling since 2013. However, some of it reflected spare capacity in firms and in the labour market that co...
101
annual_report
TrygAS-AR_2004
1,872
Gross key ratios refer to the fact that the key ratios in TrygVesta’s annual report are calculated in accordance with the rules stipulated by the
25
annual_report
HelvetiaHoldingAG-AR_2013
2,689
Helvetia Compañía Suiza Jozef M. Paagman Paseo de Cristóbal Colón, 26
11
annual_report
NatixisSA-AR_2017
2,831
Pro forma 12.31.2016 CCP default fund exposure is transferred to counterparty risk.*
12
annual_report
AegonNV-AR_2012
1,494
Risk Management & Capital Committee. Additionally, there is a management level Risk & Capital Committee (RCC). A regular review of risk and capital requirement is conducted across the committees. As the business mix changed during the year, with traditional products increasingly being sold, asset liability management (...
86
annual_report
4780
649
U.S. operations consist of two major segments: Traditional and Non-Traditional. The Traditional segment primarily specializes in individual mortality-risk reinsurance and to a lesser extent, group, health and long-term care reinsurance. The Non-Traditional segment consists of Asset-Intensive and Financial Reinsurance. ...
63
10K
nl_ing_grp-AR_2015
2,189
ING Vysya Bank In April 2015, the merger between ING Vysya Bank (‘ING Vysya’) and Kotak Mahindra Bank (‘Kotak’) was completed and the legal entity ING Vysya ceased to exist. As a result of this transaction, ING holds a stake of 6.5% in the combined company, which operates under the Kotak brand. The transaction resulted...
105
annual_report
LloydsBankingGroupPLC-AR_2020
400
Our own footprint Be a leading UK bank in reducing our own carbon footprint and challenging our suppliers to ensure our own consumption of resources, goods and services is sustainable
30
annual_report
3150
1,188
Risks Related to our Hedge Fund Investments. We are exposed to potential losses from the risks inherent in our portfolio of hedge funds. The three most significant risks inherent in our hedge fund portfolio are liquidity risk, credit risk and market risk:
42
10K
5321
2,552
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the Company’s internal control over financial reporting as of December 31, 2016, based on the criteria established in Internal Control-Integrated Framework (2013) issued by the Committee of Sponsorin...
70
10K
AdmiralGroupPLC-AR_2011
1,118
Foreign exchange risks: Foreign exchange risks arise from unfavourable movements in foreign exchange rates that could adversely impact the valuation of overseas assets.
23
annual_report
gb_prudential-AR_2011
5,763
• that are contractually based on asset, fund, company or other entity performance as discussed in IFRS 4.
18
annual_report
PosteItalianeSpA-AR_2018
1,934
Therefore, the Policy’s objective is to prevent, manage and, where possible, reduce the environmental impacts
15
annual_report
2501
636
Deferred tax liabilities and assets at December 31, 2004 and 2003 were comprised of the following:
16
10K
INGGroepNV-AR_2009
691
Currently, only one Supervisory Board member, Piet Hoogendoorn qualifies as ‘non-independent’ as defined in best-practice provision III.2.1 of the Dutch Corporate Governance Code. Mr. Hoogendoorn is considered to be not independent, because of his position with Deloitte Touche Tohmatsu until 1 June 2007, considering th...
53
annual_report
SwissReAG-AR_2018
3,586
Dividends are declared in Swiss francs. During the years ended 31 December 2017 and 2018, the Group paid dividends per share of CHF 4.85 and CHF 5.00, respectively.
28
annual_report
HannoverRueckSE-AR_2011
4,669
tain circumstances Hannover Re and E+S Rück are obliged to assume unplaced shares of the reinsurance of Group cedants from Talanx Reinsurance Broker AG.
24
annual_report
1934
799
Losses and loss adjustment expenses, net of reinsurance recoverable on unpaid losses-The carrying amount is fair value, which is the net present value of the expected cash flows for specifically identified claims and potential losses in the Company's insured portfolio.
40
10K
3919
383
Residential Mortgage backed Securities Backed by Subprime, Alt-A or Prime Collateral
11
10K
de_allianz-AR_2015
1,163
Overall, we expect our 2016 operating profit to be in the range of € 5.2 BN to € 5.8 BN (2015: € 5.6 BN).
24
annual_report
HelvetiaHoldingAG-AR_2015
2,319
“Switzerland” and “Europe” segments are defined geographically. The share of gross premiums per country market is as follows: Switzerland 38.0 % (previous year reclassified: 27.7 %), Germany 15.3 % (previous year reclassified: 18.8 %), Italy 13.3 % (previous year reclassified: 16.9 %), Spain 7.8 % (previous year reclas...
98
annual_report
5896
793
Our mortgage business relies on short term uncommitted sources of financing as a part of their normal course of operations. To date, we have been able to obtain and renew uncommitted warehouse credit facilities. If we were not able to obtain financing, then we may need to draw on other sources of liquidity to fund our ...
78
10K
AvivaPLC-AR_2015
888
We also want our products and services to bring environmental benefits. In the UK, we are working to improve our claims processes to reduce our environmental impact whilst improving customer service and reducing costs.
34
annual_report
fr_axa-AR_1999
2,672
Insurance Group for the principal categories of general account assets for the periods indicated. Certain investment assets of the UK Property and Casualty
23
annual_report
3660
732
On December 26, 2007, the Company entered into a stock purchase agreement providing for the sale of all the outstanding shares of stock of Association Casualty and Georgia Casualty to Columbia. On March 31, 2008, the Company completed the sale of shares to Columbia in exchange for approximately $43,000 in cash. Accordi...
158
10K
AegonNV-AR_2012
1,862
Aegon’s regulated businesses, such as insurance, banking and asset management, are subject to comprehensive regulation and supervision. The primary purpose of such regulation is to protect clients (i.e. policyholders), not holders of securities. Changes in existing insurance laws and regulations may affect the way in w...
53
annual_report
5343
976
Dividends from CCC are subject to the insurance holding company laws of the State of Illinois, the domiciliary state of CCC. Under these laws, ordinary dividends, or dividends that do not require prior approval by the Illinois Department of Insurance (the Department), are determined based on the greater of the prior ye...
201
10K
NatwestGroupPLC-AR_2014
7,015
Cash and balances at central banks — — — 82,659 82,659
11
annual_report
LloydsBankingGroupPLC-AR_2001
1,431
In accordance with generally accepted accounting practice amongst listed insurance companies in the UK, the results of the Group’s life and pensions business have been separately analysed between an operating profit, which includes investment earnings calculated using longer-term investment rates of return, and a profi...
57
annual_report
3308
3,092
Harleysville Group records the actuarial best estimate of the ultimate unpaid losses and loss settlement expenses incurred. The estimate represents the actuarially determined expected amount of future payments on all loss and loss settlement expenses incurred on or before December 31, 2007. Actuarial loss reserving tec...
110
10K
3137
1,257
Our Asbestos Liability Exposure - Here’s the breakout of our asbestos loss reserves, net of reinsurance:
16
10K
gb_prudential-AR_2009
2,761
During 2009, the National Association of Insurance Commissioners (NAIC) in the US revised the regulatory ratings process for more than 20,000 residential mortgage-backed securities. The table above includes these securities, where held by Jackson, using the regulatory rating levels established by an external third part...
46
annual_report
fr_axa-AR_2001
4,507
Year ended December 31, 2001 Life Property International Asset Other Holdings Intersegment
12
annual_report
AssicurazioniGeneraliSpA-AR_2015
115
❚ “New Normal” model in the Life business, with high performance and low capital absorption products; ❚ building a smarter and simpler operating platform with improved IT architecture; ❚ consolidation of back office operations.
34
annual_report
HelvetiaHoldingAG-AR_2019
1,165
In the life business, the Helvetia Group offers various product lines, such as life insurance, pension plans and annuity insurance.
20
annual_report
Sampoplc-AR_2020
3,041
Topdanmark Forsikring has a very comprehensive reinsurance program in place contributing to the low level of underwriting risk. The largest retention level of DKK
24
annual_report
AegonNV-AR_2016
4,274
The increase is mainly driven by the sale of La Mondiale, Aegon’s life insurance operations in Canada, Clark Consulting and 7IM.
21
annual_report
5644
1,775
On April 25, 2018, Kendall Re issued $225.0 million Series 2018-1 Class A Principal At-Risk Variable Rate Notes due May 6, 2021 under a variable rate note program from which the proceeds will be used to provide Aspen Bermuda with fully-collateralized retrocessional reinsurance protections against losses from a range of...
100
10K
fr_axa-AR_2019
5,278
Union before the balance sheet date with a compulsory date of
11
annual_report
NatixisSA-AR_2005
2,439
(1) The hedging rate of non-performing loans at December 31, 2005, was 59% compared with 58% at January 1, 2005.
20
annual_report
HannoverRueckSE-AR_2020
442
Among other things, we assessed the appropriateness of the structure of the process for recognizing reserves and carried out functional audits in order to assess the effectiveness of the internal controls. We focused in particular on controls designed to ensure that the data used are appropriate and complete and that t...
62
annual_report
AegonNV-AR_2016
71
EUR 200 million, announced in January 2016. Meeting these expense reductions was a key priority for our business throughout the year as we continued to focus on becoming more efficient, more profitable, raising our returns, investing in new digital solutions, and deploying our capital in the best way for our company an...
101
annual_report
1618
352
Common stock activity for each of the three years in the period ended December 31, 2000 was as follows:
19
10K
gb_lloyds_banking_grp-AR_2011
832
Impairment as a percentage of average advances5 0.54% 1.95% 1.06% 7.37% 1.62%
12
annual_report
TopdanmarkAS-AR_2009
256
Since the Q1 - Q3 2009 interim report was published, the following assumptions have changed for premium growth: • The recessionary effect has been adjusted from 1 2 % to 2% for both 2009 and 2010 • Topdanmark has lost business in workers'
43
annual_report
4356
1,047
The presentation of operating earnings or loss available to common shareholders is a non-GAAP financial measure within the meaning of Regulation G and should be considered in addition to, and not as a substitute for, measures of financial performance prepared in accordance with GAAP (see Comment on Non-GAAP Measures). ...
82
10K
4242
1,807
The carrying amounts reported for accounts receivable and accounts payable approximate fair value because of the short-term maturity of these instruments.
21
10K
Sampoplc-AR_2002
1,938
Sampo Powszechne Towarzystwo Emerytalne S.A. ul. Domaniewska 41, Orion 5th floor, PL-02-672 Warsaw, Poland
14
annual_report
ch_zurich_insurance_group-AR_2015
1,210
• Severance Payments are provided in connection with the termination of an employment relationship. Zurich does not include under the term Severance Payments garden leave or similar payments for employees in jurisdictions where such payments are required by applicable law, or where they are based on contractual notice ...
111
annual_report
SwissReAG-AR_2002
409
At year-end 2002, total assets under management were CHF 137 billion, including CHF 54.1 billion from third parties. Approximately 85%, or CHF 115.3 billion, represented fixed-income assets, with 12% or CHF 17.6 billion in equity assets, and the remainder being real estate and other assets.
45
annual_report
RaiffeisenBankInternationalAG-AR_2015
1,422
Pledged securities permitted to be sold or repledged by the transferee shown under financial investments amounted to € 259,526 thousand (2014: € 351,868 thousand).
24
annual_report
LloydsBankingGroupPLC-AR_2014
53
Our Consumer Finance division provides asset finance solutions and credit cards to consumer and commercial customers.
16
annual_report
gb_lloyds_banking_grp-AR_2012
338
Regulation Greater clarity is now emerging over the shape of the regulatory landscape but significant uncertainty remains and a number of key regulatory changes will impact our markets: Financial Services (Banking Reform) Bill On 12 October 2012 the Government published the draft Financial services (Banking Reform) Bil...
120
annual_report
5698
1,052
Frequency/severity method-This method projects claim counts and average cost per claim on a paid or reported basis for high frequency, low severity products.
23
10K
INGGroepNV-AR_2009
89
IMPORtANt dAtES IN 2010* Annual General Meeting Tuesday, 27 April 2010
11
annual_report
StorebrandASA-AR_2004
406
Annual General Meeting approve a dividend of NOK 1,840 million for 2004, equivalent to NOK 7 per share.
18
annual_report
1706
1,710
We periodically review the value of our invested assets for other than temporary impairment. If a decline in the fair value of an individual security is deemed to be other than temporary, the difference between cost and estimated fair value is charged to income as a realized investment loss.
49
10K
de_allianz-AR_2010
2,634
Equity securities As of December 31, 2010, unrealized losses from equity securities amounted to € 148 mn. These unrealized losses concern equity securities that did not meet the criteria of the Allianz Group’s impairment policy for equity securities as described in note 2. Substantially all of the unrealized losses hav...
61
annual_report
AvivaPLC-AR_2003
907
(6,770) Transfers (to)/from the fund for future appropriations (S) (4,672) 2,801
11
annual_report
4005
1,529
The cost, gross unrealized gains, gross unrealized losses and fair value of investments classified as trading securities at December 31, 2009 and 2008 were as follows (in thousands of U.S. dollars):
31
10K
SwissLifeHoldingAG-AR_2004
983
– As part of allocating the cost of a business combination, the IFRS requires separate recognition of liabilities for terminating or reducing the activities of the acquiree and separate recognition of contingent liabilities of the acquiree.
36
annual_report
INGGroepNV-AR_2020
6,463
 Leverage ratio (LR) – is defined as Tier 1 capital divided by the leverage exposure.
16
annual_report
fr_axa-AR_2002
2,606
The low level of additional provision recorded in 2002 is directly related to the low level of significant acquisitions.
19
annual_report
5386
1,302
Global Housing net income decreased $91.2 million, or 48%, to $97.4 million for Twelve Months 2017 from $188.6 million for Twelve Months 2016, primarily due to an $88.1 million after-tax increase in reportable catastrophes mainly from Hurricanes Harvey, Irma and Maria. Excluding reportable catastrophes, the decrease in...
94
10K
NatixisSA-AR_2013
470
The general mechanism behind the Guarantee is based on the establishment of: (i) two Total Return Swap agreements (TRS), one in dollars and the other in euros covering 85% of the net value of the assets recognized in the trading portfolio and risks linked to counterparties not providing collateral. The purpose of these...
350
annual_report
SwissReAG-AR_1996
879
P ro v is io n fo r c a ta s tro p h e c la im s 1 487 - 1 487 1 238 - 1 238
30
annual_report