report_id stringlengths 1 60 | paragraph_nr int64 0 28.3k | text stringlengths 21 14.6k | n_words int64 11 2.31k | filing_type stringclasses 2
values |
|---|---|---|---|---|
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2006 | 32 | North America: Atlanta, Boston, Chicago, Columbus, Dallas, Hamilton, Kansas City, Los Angeles, Montreal, New York, Philadelphia, Princeton, San Francisco, Seattle, Toronto, Vancouver, Waltham | 23 | annual_report |
241 | 313 | The Company has voluntary qualified contributory savings and security plans for eligible employees which incorporate Section 401(k) of the Internal Revenue Code to permit certain pre-tax contributions by participants. Under the plans, the Company matches 75% of all employee contributions up to a limit of 6% of each participating employee's compensation. Contributions charged against operations were $2,376,000, $2,210,000 and $1,943,000 in 1995, 1994 and 1993, respectively. | 66 | 10K |
PhoenixGroupHoldingsPLC-AR_2013 | 3,058 | To stay up-to-date with Phoenix Group news and other changes to our site’s content, you can sign up for email alerts, which will notify you when content is added. To sign up visit com/investor-relations/email-alerts.aspx. | 34 | annual_report |
AegonNV-AR_2002 | 516 | 2,598 million, of which realized gains of EUR 2,056 million and unrealized gains of EUR 542 million. | 17 | annual_report |
fr_axa-AR_2003 | 3,514 | Net Income and Adjusted Earnings attributable to ordinary shares and potentially dilutive securities 1,790.12 1,005 1,450 1,739.12 949 1,357 1,723.34 520 1,201 1,787.33 571 1,251 | 25 | annual_report |
4263 | 1,206 | Total Pension Expense Recognized presented in the preceding table includes service cost benefits earned and reported in discontinued operations of $0.7 million for the year ended December 31, 2008. | 29 | 10K |
AegonNV-AR_2018 | 8,255 | 1 The EU Directive was transposed into Dutch law through two decrees relating respectively to non-financial information and diversity policy (Bekendmaking niet-financiële informatie /Bekendmaking diversiteitsbeleid). | 25 | annual_report |
AvivaPLC-AR_2006 | 3,049 | Financial statements of the Company continued Notes to the Company financial statements continued | 13 | annual_report |
de_allianz-AR_2017 | 2,110 | For insurance contracts and investment contracts with discretionary participation features, shadow accounting is applied to DAC, PVFP | 17 | annual_report |
5903 | 1,730 | (3)As of December 31, 2020 and 2019, based on amortized cost, 98% and 97% were securities with vintages of 2013 or later, respectively. | 23 | 10K |
SwissReCorporateSolutions-AR_2017 | 630 | Operating expenses Operating expenses also include unallocated loss adjustment expenses (ULAE) which are not reclassed to internal claim expenses. | 19 | annual_report |
2979 | 4,165 | The Group Disability segment had a favorable development of $2.5 million. This amount consists of a favorable development of $1.7 million on the 2005 reserves primarily due to DBL and a net favorable development of $.6 million for all other years due to LTD. | 44 | 10K |
AegonNV-AR_2017 | 462 | Net income Net income amounted to EUR 2,361 million in 2017 driven by underlying earnings before tax of EUR 2,103 million, realized gains and an effective tax rate of only 3% as a result of a benefit related to US tax reform. | 42 | annual_report |
4252 | 997 | See Note 4, “Business Combinations,” for more information relating to this acquisition. | 12 | 10K |
2924 | 1,013 | $5.3 million loss on securities issued by an international reinsurance provider. The company was negatively impacted after it was determined it had failed to adequately reserve for projected claims. The company’s financial strength ratings were subsequently downgraded by Standard & Poor’s Corporation and A.M. Best Company. These securities were investment-grade at the time of purchase but were downgraded to below-investment-grade in the third quarter of 2004. At the time of sale, these securities had been continuously in an unrealized loss position for a period of less than ninety days. The circumstances of this investment have no impact on other investments. | 100 | 10K |
3648 | 3,964 | Total interest expense was $117 million and $5 million for the years ended December 31, 2008 and 2007, respectively. | 19 | 10K |
HelvetiaHoldingAG-AR_2018 | 1,538 | IFRS 17 – Insurance Contracts 1 January 20211 1 In November 2018, the IASB provisionally decided to defer the coming into force of IFRS 17 from 1 January 2021 to 1 January 2022 and to extend the option for deferring the introduction of IFRS 9 also to 1 January 2022. | 50 | annual_report |
LloydsBankingGroupPLC-AR_2016 | 1,973 | The annual Non-Executive Director fees were reviewed and as result of this review some of the fees were increased, as follows, to reflect market practice in financial services groups of a similar size. These changes took effect from 1 January 2017. | 41 | annual_report |
2124 | 575 | Through September 30, 2003, approximately 53% of the Company’s new insurance written on a flow basis was subject to captive mortgage reinsurance arrangements or risk sharing arrangements with the GSEs; this percentage is comparable to the percentage for the year ended December 31, 2002. (New insurance written through the bulk channel is not subject to such arrangements.) The percentage of new insurance written during a period covered by such arrangements normally increases after the end of the period because, among other reasons, the transfer of a loan in the secondary market can result in a mortgage insured during a period becoming part of such an arrangement in a subsequent period. Therefore, for 2003, the percentage of new insurance written covered by such arrangements is shown as of the end of the prior quarter. Premiums ceded in such arrangements are reported as ceded in the period in which they are ceded regardless of when the mortgage was insured. | 157 | 10K |
5663 | 3,983 | Investments carried at fair value through net income. The Company has certain investments in its general account portfolios that are carried at fair value with changes in fair value reported in “Other income (loss).” Examples include the Company’s investments in equity securities and fixed maturities designated as trading. Consistent with the exclusion of realized investment gains (losses) with respect to other investments managed on a consistent basis, the net gains or losses on these investments are excluded from adjusted operating income. | 81 | 10K |
1027 | 201 | - Gross premiums earned increased to $81.4 million in 1997 from $63.8 million in 1996 resulting in increased claim and claim settlement expenses as we provided coverage for more employers; | 30 | 10K |
INGGroepNV-AR_2011 | 220 | Both ING Bank and ING Insurance/Investment Management (ING Insurance/IM) showed clear progress on their respective performance improvement programmes. Despite the far-reaching restructuring that ING Group is going through, we have continued to show solid commercial growth across our franchises, which is a testimony to the dedication and professionalism of our staff as we endeavour to maintain the loyalty of our customers. | 61 | annual_report |
3482 | 912 | Reserves for losses and loss expenses are established by management and represent an estimate of the total cost of claims that are reported but not yet paid (“case reserves”) and the anticipated cost of claims incurred but not reported (“IBNR”). | 40 | 10K |
3902 | 1,487 | EPIC has outstanding a $12.0 million surplus note, to ICONS, Inc., issued as part of a pooled transaction (ICONS Surplus Note). The note matures in 2034 and is callable by the Company in the second quarter of 2009. The terms of the note provide for quarterly interest payments at a rate 425 basis points in excess of the 90-day LIBOR. Interest paid during the two months ended December 31, 2008 totaled $0.2 million. Interest accrued as of December 31, 2008 was $0.1 million. | 83 | 10K |
BaloiseHoldingLtd-AR_2003 | 1,237 | 13.3 Other tangible non-current assets: 2002 13.4 Other tangible non-current assets: 2003 14. Deferred acquisition costs | 16 | annual_report |
1709 | 537 | Over 65% of the bond portfolio at December 31, 2001 was invested in US Government and agency securities or has a rating of AAA or AA. For regulatory purposes as of December 31, 2001, 87% of the securities portfolio is rated "Class 1", which is the highest quality rated group as classified by the NAIC. | 55 | 10K |
RSAInsuranceGroupPLC-AR_2014 | 1,098 | During 2014, a review of Committee membership was undertaken. To achieve increased oversight and challenge, the membership of the Committee was updated in September 2014 to comprise Non-Executive Directors only, with myself as Chair, Martin Scicluna, Alastair Barbour, Hugh Mitchell and Enrico Cucchiani as members. The Group Chief $WDBTSHUD��&QNTO�"GHDE�%HM@MBH@K�.EãBDQ�@MC�&QNTO�"GHDE�1HRJ� .EãBDQ�@QD�DWODBSDC�SN�@SSDMC�AX�HMUHS@SHNM | 50 | annual_report |
5477 | 1,431 | The Company has a revolving credit facility agreement in the amount of $50,000 for general corporate purposes. The credit facility expires on March 1, 2018. Interest accrues at a rate dependent on various conditions and terms of borrowings. The agreement requires, among other things, the Company to maintain a minimum adjusted net worth, of $1,100,000, as defined in the credit facility agreement (both compiled on the unconsolidated statutory accounting basis prescribed by the NAIC), for each quarter ending after December 31, 2016. The Company was in compliance with all covenants at December 31, 2017, and 2016. At December 31, 2017, and 2016 there were no outstanding amounts related to the current and prior credit facilities. | 115 | 10K |
5024 | 1,563 | The tables below present reconciliations for all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2014 and 2013: | 33 | 10K |
NatixisSA-AR_2012 | 3,208 | The changes in the consolidation scope that took place in 2011 and 2012 were not recognized pro forma due to the insignifi cant nature of their contribution to the various aggregates. | 31 | annual_report |
3506 | 315 | the Company invested approximately $1,302,000 in capital expenditures, the majority of which related to Fremont Complete, the Company’s web based rating platform. As of December 31, 2006, product lines that are available through Fremont Complete include personal auto and businessowners. | 40 | 10K |
NatixisSA-AR_2014 | 4,247 | In addition, in drawing up the consolidated fi nancial statements at December 31, 2014, Natixis also took the following into account: V with regard to the valuation of financial instruments, the recommendation published on October 15, 2008 by the AMF, the Conseil National de la Comptabilité (CNC– French National Accounting Board), the Commission Bancaire (French Banking Commission) and the Autorité de Contrôle des Assurances et des Mutuelles (ACAM– French insurance regulator), and the guide published by the IASB on October 31, 2008, entitled “Measuring and disclosing the fair value of financial instruments in markets that are no longer active.” These two texts underline the importance of using judgment to determine fair value in illiquid markets. As a result of this recommendation, as at December 31, 2014, Natixis does not systematically apply models using observable data, as with previous reporting periods, in view of the lack of market liquidity affecting some asset classes; V with regard to financial reporting on risk exposure, the recommendations applicable in France resulting from the Financial Stability Forum (FSF). Details of risk exposure, presented in the format recommended by the Commission Bancaire in its May 29, 2008, statement “Presentation note regarding the French application of the FSF’s recommendations for financial transparency”, have been incorporated into section 3.11 of Chapter [3], “Risk Management and Capital Adequacy” of the registration document. | 223 | annual_report |
AvivaPLC-AR_2020 | 3,248 | Transfers to/from Level 3 £810 million of assets transferred into Level 3 and £1,042 million of assets transferred out of Level 3 relate principally to fixed maturity securities held by our businesses in the UK and France. These are transferred between Levels 2 and 3 depending on the availability of observable inputs and whether the counterparty and broker quotes are corroborated using valuation models with observable inputs. | 67 | annual_report |
RaiffeisenBankInternationalAG-AR_2011 | 292 | The Working Committee held eight meetings in the 2011 fi nancial year. The Audit and the Personnel Committee each held two meetings. | 22 | annual_report |
StandardLifeAberdeenPLC-AR_2016 | 240 | Team We collaborate and work together to deliver great performance for all our stakeholders | 14 | annual_report |
4125 | 1,132 | The following table presents reporting segment financial information as of and for the years ended December 31: | 17 | 10K |
HiscoxLtd-AR_2009 | 472 | Remuneration and Nomination Committee The Remuneration and Nomination Committee meets at least twice a year. The members of the Committee for 2009 were Sir Mervyn Pedelty (Chairman), Andrea Rosen (Acting Chairman), Daniel Healy, Dr James King, Dirk Stuurop, Ernst Jansen and Gunnar Stokholm. | 43 | annual_report |
BeazleyPLC-AR_2018 | 2,007 | Borrowings consist of two items as at 31 December 2018. The first is $250m of subordinated tier 2 debt raised in November 2016. This debt is due in 2026 and has annual interest of 5.875% payable in May and November of each year. The second comprises a of £75m sterling denominated 5.375% notes due in 2019 with interest payable in March and September each year. | 65 | annual_report |
SwissReAG-AR_1996 | 786 | Corporate Accounting Helmut Brechot Rudolf Böschung, Guido Emmenegger, Tony Ricken bacher, Barbara Trentini-Gut, René W inzeier | 16 | annual_report |
StorebrandASA-AR_2019 | 186 | Norway. A potential trigger is if the policy is abruptly strengthened to achieve Norway’s goals based on the Paris agreement. A potential effect is a country-specific fall in interest rate. | 30 | annual_report |
AvivaPLC-AR_2015 | 3,845 | This note shows the movements in the UDS during the year. | 11 | annual_report |
CNPAssurancesSA-AR_2011 | 530 | “NFServices aux Personnes à Domicile” certification in recognition of their commitment to a continuous quality improvement process. Its 2011 revenue totalled nearly €35 million. | 24 | annual_report |
17 | 690 | Deferred income taxes relating to cumulative net unrealized gains on equity securities are $79.4 million, $57.4 million and $45.8 million at December 31, 1993, 1992 and 1991, respectively. At December 31, 1993, $6.8 million of the $79.4 million deferred income taxes is reflected in retained earnings, while the remaining $72.6 million is netted against the unrealized gains component of stockholders' equity. | 61 | 10K |
fr_axa-AR_2009 | 4,328 | French Commercial Code, in connection with the provisions of Articles L.225-197-1 et seq of the French Commercial | 17 | annual_report |
4335 | 1,090 | As a result of corporate acquisitions and transactions, the Company has acquired entities that have sponsored other qualified plans. All qualified plans sponsored by the acquired subsidiaries of the Company have either terminated or merged with and into the Savings Plan. The cost of the Savings Plan, including the acquired plans, for 2011, 2010 and 2009 was approximately $29.7 million, $27.4 million and $30.3 million, respectively. | 66 | 10K |
5602 | 4,433 | Premiums and deposits for Institutional Markets is a non-GAAP financial measure that includes direct premiums as well as deposits received on investment-type annuity contracts, including GICs and FHLB funding agreements. Deposits increased in 2018 compared to 2017 due to FHLB funding agreements. | 42 | 10K |
4996 | 1,239 | The Company has available two margin borrowing facilities. The borrowing rate for each facility is tied to LIBOR and is currently approximately 1%. These facilities are due on demand. The borrowings are subject to maintenance margin, which is a minimum account balance that must be maintained. A decline in market conditions could require an additional deposit of collateral. As of December 31, 2014, approximately $222.8 million in collateral was deposited to support borrowings. The amount borrowed against the margin accounts may fluctuate as routine investment transactions, such as dividends received, investment income received, maturities and pay-downs, impact cash balances. The margin facilities contain customary events of default, including, without limitation, insolvency, failure to make required payments, failure to comply with any representations or warranties, failure to adequately assure future performance, and failure of a guarantor to perform under its guarantee. The amount outstanding on the Company’s margin borrowing facilities was $174.7 million and $100.0 million as of December 31, 2014 and 2013, respectively. | 163 | 10K |
5099 | 982 | The statutory capital and surplus of VIC, TCC and NIIC-HI is included in the statutory capital and surplus of NIIC for reporting purposes. | 23 | 10K |
AegonNV-AR_2011 | 660 | Life products include universal life insurance, whole life insurance and term life insurance. Supplemental health products include dental, accident, critical illness, cancer treatment, hospital indemnity and short-term disability policies. Some of these plans provide lump sum or specified income payments when hospitalized, disabled or diagnosed with a critical illness. Others pay scheduled benefits for specific hospital or surgical expenses and cancer treatments, hospice care and cover deductible – as well as co-payment amounts not covered by other health insurance. Stop Loss provides catastrophic coverage to self-insured employer health plans. | 89 | annual_report |
BeazleyPLC-AR_2019 | 893 | Annual general meeting The AGM of the company will be held at 14.30 on Wednesday 25 March 2020 at Plantation Place South, 60 Great Tower Street, London EC3R 5AD. The notice of the AGM details the business to be put to shareholders. | 42 | annual_report |
1829 | 394 | Expressed in thousands of United States Dollars, except other data. The 2001 and 2000 years relates to a December 31 year end and the 1999, 1998, 1997 and 1996 years relates to September 30 year end. | 36 | 10K |
1712 | 540 | Subsequently, during the fourth quarter of 2000, the Company was notified that it would be receiving a distribution from the AHERF bankruptcy proceedings. In addition, the Company was in the final stages of renegotiating most of its AHERF related lease obligations. These events necessitated a re-estimation of our remaining lease liabilities. This re-estimation resulted in an additional release from the Company’s AHERF reserve of $4.3 million. This release, and an estimation of the bankruptcy proceeds of $4.1 million was reflected as a gain in the fourth quarter and year-end 2000 results. | 91 | 10K |
NatixisSA-AR_2011 | 3,453 | Natixis is subject to significant regulation in France and in several other countries around the world where it operates; regulatory actions and changes in these regulations could adversely affect Natixis’ business and results | 33 | annual_report |
2670 | 2,805 | Losses and LAE incurred decreased significantly for 2004, compared to 2003 and 2002, primarily due to the effects of lower net premiums earned in 2004, compared to 2003 and 2002, and the adverse prior year loss development recorded in 2003 and 2002. | 42 | 10K |
fr_axa-AR_2011 | 9,136 | 61, rue Henri Regnault – 92400 Courbevoie Cedex, represented by Messrs. Philippe Castagnac and Gilles Magnan, fi rst appointed on June 8, 1994. The current appointment is for a term of 6 years, until the General Shareholders Meeting called to approve the fi nancial statements for the fi scal year 2015. | 51 | annual_report |
4463 | 1,423 | The Insurance Operations segment and the Reinsurance Operations segment follow the same accounting policies used for the Company’s consolidated financial statements. For further disclosure regarding the Company’s accounting policies, please see Note 5. | 33 | 10K |
1653 | 546 | Our results of operations may fluctuate significantly from quarter to quarter. Fluctuations may result from a variety of factors, including the volume and mix of reinsurance products we write, claim experience, policy persistency, timing of expenses and the performance of our investment portfolio. In particular, we seek to underwrite products and make investments to achieve long-term results. Accordingly, our short-term results of operations may not be indicative of our long-term prospects. | 71 | 10K |
SwissReAG-AR_2018 | 1,466 | The ultimate outcome of Brexit and the relationship between the EU and the UK remain unclear. Swiss Re operates in the UK through the UK branches of Swiss Re’s Luxembourg entities and some UK-domiciled entities. Swiss Re is actively engaging with the relevant UK and EEA regulators to ensure minimum disruption from Brexit and has actioned contingency plans to mitigate the risk of any adverse impacts on Swiss Re’s businesses or the ability to service clients and customers as a result of Brexit. | 83 | annual_report |
2583 | 1,061 | Commercial mortgage-backed securities ("CMBS") are bonds secured by commercial real estate mortgages. Commercial real estate encompasses income producing properties that are managed for profit. Property types include multi-family dwellings including apartments, retail centers, hotels, restaurants, hospitals, nursing homes, warehouses, and office buildings. The CMBS market generally offers higher yields, than similar-rated corporate bonds. Most CMBS have call protection features whereby underlying borrowers may not prepay their mortgages for stated periods of time or have prepayment penalties. | 76 | 10K |
SwissReAG-AR_2019 | 5,955 | Total amount of climate protection offered to sovereigns and sub-sovereigns since 2014 (USD 8.2 billion by 2018) | 17 | annual_report |
gb_prudential-AR_2010 | 3,178 | AT 31 DECEMBER 2009/1 JANUARY 2010 Total investments (including derivative assets) 2,835 15 40 2,890 Less: Derivative liabilitiesnote G3 (49) – – (49) | 23 | annual_report |
NatwestGroupPLC-AR_2016 | 8,286 | RBS Investments (Ireland) Ltd BF Ulster Bank Group Centre, George's Quay, Dublin 2 (3) | 14 | annual_report |
BeazleyPLC-AR_2018 | 837 | Beazley has a governance structure which enable the information security and privacy function to report on data privacy and security issues without restraint. We are committed to the rights of a data subject and follow our legal and regulatory obligations within the various jurisdictions in which we operate. We have a global privacy policy aligned to European, North American, Canadian and Singaporean privacy and breach notification requirements. | 67 | annual_report |
RaiffeisenBankInternationalAG-AR_2009 | 2,306 | Write-offs on unrecoverable minimum lease payments outstanding totaled € 46,597 thousand (2008: € 9,130 thousand). | 15 | annual_report |
gb_prudential-AR_2010 | 387 | Prudential UK competes selectively in the UK’s retirement savings and income market. The focus of the business is to balance writing profitable new business at attractive returns on capital with sustainable cash generation, which is key for the Group and capital preservation. It is this discipline that has enabled Prudential UK to deliver another strong performance in 2010. | 58 | annual_report |
3380 | 536 | For the Company’s group and individual dental insurance, the Company’s financial personnel develop and make a Single Point Estimate for the claim liabilities which work results in the Company’s Single Point Estimate for the end of each fiscal quarter and year end. The Company’s independent consulting actuary develops and makes its separate Single Point Estimate for such liabilities. The Company’s financial personnel and independent consulting actuary compare their Single Point Estimates, reconcile any differences and agree on a Single Point Estimate for such liabilities. Annually, the Company’s independent consulting actuary gives a Single Point Estimate liability certification to the Company with the agreed amount and the Company uses such certified amount without change. | 113 | 10K |
ScorSE-AR_2018 | 268 | SCOR is the sole capital provider of the Channel Syndicate 2015. | 11 | annual_report |
HannoverRueckSE-AR_2017 | 258 | For the international (re)insurance industry the environment in 2017 remained challenging. Faced with the protracted low level of interest rates, insurers continued to focus on preserving the value of their investments and generating stable returns. | 35 | annual_report |
2317 | 1,146 | In addition to the Pension Plan, the SERP and the Postretirement Welfare Plan, the Company also maintains a Savings Incentive Plan, which covers substantially all full-time and all part-time employees of Radian Group, Radian Guaranty, RadianExpress and, effective January 1, 2003, Financial Guaranty, employed for a minimum of 90 consecutive days. Participants can contribute up to 25% of their base earnings as pretax contributions. The Company will match at least 25% of the first 6% of base earnings contributed in any given year. These matching funds are subject to certain vesting requirements. The expense to the Company for matching funds for the years ended December 31, 2003, 2002 and 2001 was $2.7 million, $1.4 million and $1.5 million, respectively. | 119 | 10K |
900 | 359 | Fixed Maturities The amortized cost and fair value of fixed maturities available for sale at December 31, 1998, were as follows: | 21 | 10K |
INGGroepNV-AR_2017 | 237 | • Financial sector continuous to have an unfavourable public image in many countries. | 13 | annual_report |
3938 | 2,131 | An aggregate of 3,848,182 common shares has been reserved for issuance under the Plan, subject to anti-dilution adjustments in the event of certain changes in the Company’s capital structure. Shares issued pursuant to the Plan will be either authorized but unissued shares or treasury shares. Pursuant to the Amended and Restated 2006 Long Term Incentive and Share Award Plan approved by shareholders in May 2007, the aggregate number of common shares reserved for issuance under the Plan was increased by 2,750,000 shares. The Awards vest as set forth in the applicable Award agreements, and the requisite service period is equivalent to the vesting period. Awards under the Plan contain certain restrictions, prior to vesting, relating to, among other things, forfeiture in the event of termination of employment and transferability. | 129 | 10K |
PosteItalianeSpA-AR_2015 | 1,565 | The Group’s tax expense and related accounting treatment reflect the effects of the election to adopt a tax consolidation arrangement, in accordance with relevant legislation, by Poste Italiane SpA, together with the subsidiaries Poste Vita SpA, SDA Express Courier SpA, Mistral Air Srl. and, starting 1 January 2015, PosteShop | 49 | annual_report |
2921 | 522 | The following table illustrates our results before and after realized investment gains and losses, and reconciles reportable segment results to net income, the most directly comparable GAAP financial measure: | 29 | 10K |
1800 | 480 | During 2001, the Company revised its estimates of the future gross profits on certain of its universal life-type and annuity products. The revisions primarily consisted of changes in estimated policy revenues and benefits paid to policyholder account balances. Certain of these revisions resulted from the anticipated impact of settling litigation in which the Company was the defendant. As a result of these changes in estimates, the Company recorded retrospective adjustments during 2001 which increased the cost of business acquired asset by $21.4 million and which decreased the deferred policy acquisition cost asset by $3.0 million. | 95 | 10K |
4823 | 1,163 | For both Medicare Advantage and Medicare Part D prescription drug plans, we receive a fixed, annual commission payment from insurance carriers once the policy is approved by the carrier and either a fixed, monthly commission payment beginning with and subsequent to the second policy year for a Medicare Advantage policy or a fixed, annual commission payment beginning with and subsequent to the second policy year for a Medicare Part D prescription drug policy. Additionally, these commission rates may be higher in the first twelve months of a policy if the policy is the first Medicare-related policy issued to the member. We recognize commission revenue for both Medicare Advantage and Medicare Part D prescription drug plans for the entire policy year once the annual or first monthly commission amount for the policy year is reported to us by the carrier, net of an estimate for future forfeiture amounts due to policy cancellations. For commissions paid to us on a monthly basis, we record a receivable for the commission amounts to be received over the remainder of the policy year, net of an estimate for commission amounts not expected to be collected due to policy cancellations, which is included in Accounts Receivable in the consolidated balance sheets. We continue to receive the commission payments from the relevant insurance carrier until the earlier of our being notified that the health insurance policy has been cancelled, our no longer remaining the agent on the policy, or our commission term with the carrier expires, typically six years from the effective date of the policy, or longer depending on the carrier arrangement. We determine that there is persuasive evidence of an arrangement when we have a commission agreement with a health insurance carrier. Our services are complete when a carrier has approved an application in the initial year and when a member has renewed in a renewal year. The seller’s price is fixed or determinable and collectability is reasonably assured when a carrier has approved an application and the carrier reports to us the annual or first monthly renewal commission amount for each policy year. | 349 | 10K |
5482 | 374 | (3) Increase is due to legal fees associated with MCA collections as well as increased costs related to securities offerings and on-going compliance. | 23 | 10K |
PhoenixGroupHoldingsPLC-AR_2018 | 2,976 | E3.1 Summary The fair values of derivative financial instruments are as follows: Assets 2018 £m | 15 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2008 | 3,078 | New initial share price after 2003 capital increase €304.80 €247.64 €82.02 €88.65 €88.10 €108.87 €134.07 €121.84 | 16 | annual_report |
NatixisSA-AR_2012 | 720 | The Sustainable D evelopment team works alongside some 20 correspondents from Natixis’ various businesses (Wholesale Banking, Investment Solutions, Specialized Financial Services, Support Functions) and in collaboration with BPCE’s Sustainable D evelopment division. | 32 | annual_report |
gb_prudential-AR_2004 | 1,805 | Prudential operates in a number of markets through joint ventures and other arrangements with third parties. These arrangements involve certain risks that Prudential does not face with respect to its consolidated subsidiaries. Prudential operates, and in certain markets is required by local regulation to operate, through joint ventures. Prudential’s ability to exercise management control over its joint venture operations and its investment in them depends on the terms of the joint venture agreements, in particular, the allocation of control among, and continued co-operation between, the joint venture participants. Prudential may also face financial or other exposure in the event that any of its joint venture partners fails to meet its obligations under the joint venture or encounters financial difficulty. In addition, a significant proportion of the Group’s product distribution is carried out through arrangements with third parties not controlled by Prudential and is dependent upon continuation of these relationships. A temporary or permanent disruption to these distribution arrangements could affect Prudential’s results of operations. | 164 | annual_report |
BaloiseHoldingLtd-AR_2008 | 1,314 | A purchase price retention of EUR 5 million to cover any guarantee claims was agreed with the sellers of Osiguranje Zagreb in the purchase agreement. The sum is deposited in escrow at a bank. Furthermore, possible supplementary purchase price payments (earn-outs) were agreed. The amounts depend on the premium growth and net profits of Osiguranje Zagreb in the years 2007, 2008, 2009. However, these additional payments amount to a maximum of EUR 20 million. | 74 | annual_report |
ScorSE-AR_2009 | 3,002 | On 22 June 2009, SCOR and the Highfields Funds concluded a transaction, including mutual renunciation of all legal recourse raised, or which could be raised, within the framework from the Highfields Action. On 24 June 2009, SCOR and the Highfields Funds deposited a declaration of desistance (“déclaration de désistement”) from the Highfields Action, thus ending the dispute. | 57 | annual_report |
RSAInsuranceGroupPLC-AR_2011 | 1,842 | Other lease payments The operating lease payments recognised as an expense during the year were £70m (2010: £64m). The Group has no significant lease agreements that include contingent rent. | 29 | annual_report |
4996 | 912 | section. These amounts were properly reclassified to the line item “Amortization and depreciation” in the Consolidated Statement of Cash Flows for the years ended December 31, 2013 and 2012 as included in this Form 10-K for the annual period ended December 31, 2014 (“the December 31, 2014 10K”). These reclassifications do not impact “Net cash flows used for operating activities” nor does it impact any other financial metric or disclosure within the December 31, 2014 10K. The Company does not believe that these adjustments are material to the current or to any prior years’ consolidated financial statements. | 97 | 10K |
HiscoxLtd-AR_2008 | 53 | Dividend and capital management The Board proposes a final dividend of 8.5p (2007: 8p) making a total dividend for the year of 12.75p (2007: 12p), an increase of 6.25%. This will be paid on 16 June 2009 to shareholders on the register at the close of business on 15 May 2009. We have always advocated a progressive dividend policy and being able to cover an increased dividend after such a difficult year is extremely satisfying. | 75 | annual_report |
fr_axa-AR_2011 | 11,919 | Compensation paid to Statutory Auditors in 2011 and 2010 (art. 222-8) 398 | 12 | annual_report |
fr_axa-AR_2002 | 2,090 | Investment Results” below). Any remaining goodwill would have been recorded as a goodwill asset and amortized. | 16 | annual_report |
2900 | 1,146 | The Company’s consolidated statements of operations for the year ended December 31, 2004 include an underwriting loss of $97.4 million from the 2004 Florida Hurricanes. The underwriting loss from the 2004 Florida Hurricanes is comprised of net losses and loss adjustment expenses of $93.4 million, which is after reinsurance of $77.8 million, increased by $4.0 million in net reinstatement premiums paid. As a result of the uncertainty and complexity in estimating losses from the 2004 Florida Hurricanes, the Company incurred an additional underwriting loss of $12.6 million (12.9% of 2004 estimate) on the 2004 Florida Hurricanes, net of applicable reinstatement premiums, for the year ended December 31, 2005. | 108 | 10K |
3982 | 1,166 | The Company has evaluated the effects of events subsequent to December 31, 2009, and through February 26, 2010, the date we filed our consolidated financial statements with the SEC. All accounting and disclosure requirements related to subsequent events are included in our consolidated financial statements. | 45 | 10K |
NatwestGroupPLC-AR_2013 | 1,340 | • Clawback may be up to 100% of unvested awards and can be applied regardless of whether or not disciplinary action has been undertaken. | 24 | annual_report |
BaloiseHoldingLtd-AR_2014 | 46 | (RoE) of 13.5 per cent 1 Calculated in local currency on a like-for-like basis and excluding discontinued operations (Austria, Croatia and Serbia). | 22 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2019 | 2,452 | Marcin Eckert PZU Management Board Member since 28 March 2019 / PZU Życie Management Board Member since 1 May 2019 management and corporate oversight, administration, IT, innovations, insurance operations | 29 | annual_report |
4534 | 2,027 | Radian Insurance is required to maintain a minimum statutory surplus of $20 million to remain an authorized reinsurer in all states. Radian Insurance’s statutory net income, statutory policyholders’ surplus and contingency reserve as of and for the years ended December 31, 2012, 2011 and 2010 were as follows: | 48 | 10K |
5445 | 1,145 | Investments in equity securities are stated at fair value based upon quoted market prices reported on recognized securities exchanges on the last business day of the year. Purchases and sales of securities are recorded as of the trade date. | 39 | 10K |
4396 | 943 | reasonable estimates of fair value. Our analysis includes a review of month-to-month price fluctuations. If unusual fluctuations are noted in this review, we may obtain additional information from other pricing services to validate the quoted price. There were no adjustments to quoted market prices obtained from third party pricing services during the years ended December 31, 2011 and 2010 that were material to the consolidated financial statements. | 67 | 10K |
INGGroepNV-AR_2008 | 2,104 | Investments The fair values of equity securities are based on quoted market prices or, if unquoted, on estimated market values generally based on quoted prices for similar securities as determined by management. Fair values for fixed interest securities are based on quoted market prices, where available. For those securities not actively traded, fair values are determined by management based on an analysis of available market inputs, which may include values obtained from one or more pricing services or by discounting expected future cash flows using a current market rate applicable to the yield, credit quality and maturity of the investment. Reference is made to the comments on investments in asset backed securities in the United States in Sensitivities of fair values below. | 122 | annual_report |
4218 | 619 | CNA Specialty’s average rate decreased 2% for 2009, as compared to a decrease of 4% for 2008 for policies that renewed in each period. Retention rates of 84% and 85% were achieved for those policies that were available for renewal in each period. | 43 | 10K |
4523 | 3,481 | •Realized and unrealized gains and losses from investments in trading securities accounted for at fair value and investments for which the fair value option has been elected. | 27 | 10K |
gb_lloyds_banking_grp-AR_2013 | 6,487 | US shareholder litigation In november 2011 the Group and two former members of the Group’s Board of Directors were named as defendants in a purported securities class action filed in the united States District Court for the Southern District of new York. The complaint asserted claims under the Securities exchange Act of 1934 in connection with alleged material omissions from statements made in 2008 in connection with the acquisition of HBOS. In October 2012 the court dismissed the complaint. The plaintiffs’ appeal against this decision was dismissed on 19 September 2013 and the time limit for further appeals expired in December 2013. | 102 | annual_report |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.