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NatixisSA-AR_2017 | 8,377 | Furthermore, the non-audit services that we provided to your Company and its controlled undertakings during the fiscal year that are not disclosed in the management report or the notes to the parent company financial statements are as follows: PricewaterhouseCoopers Audit: the main engagementsa conducted in fiscal year 2017 related to the issuance of comfort letters and reviews of compliance procedures. | 60 | annual_report |
nl_ing_grp-AR_2015 | 1,251 | The Nomination Committee also discussed the ECB request, stemming from the ECB’s enhanced role as supervisor, for access to information on ING candidates for board positions in the context of discussions on succession and contingency planning. | 36 | annual_report |
2875 | 456 | In 2005, the Company appointed 58 new agency partners. Each year the Company terminates its relationship with some agencies. On occasion the Company has had to either terminate or suspend several fast growing but unprofitable agencies, as has been the case within the Company’s nonstandard segment, but for the most part, an overwhelming number of the terminated agencies are usually those that have very little premium with the Company. The average premium for the agencies terminated in 2005 was $16,000. | 80 | 10K |
gb_prudential-AR_2010 | 2,548 | Dilution of PruHealth investment – – – – – 56 56 | 11 | annual_report |
RSAInsuranceGroupPLC-AR_2015 | 239 | The call centre, which we operate on behalf of John Lewis, was also recognised for outstanding customer service in 2015 when it was ranked number one in the Which? call centre customer satisfaction survey. Particularly valued were the staff’s knowledge, politeness and helpfulness. This same centre was also featured on the BBC’s Watchdog programme as a rare positive example of excellent customer service after a claim was settled in phenomenal time: “ Wow! I could not believe that anyone could be that efficient… One hour and forty three minutes from initial call to final settlement. I will be staying with John Lewis for some time.” | 105 | annual_report |
NatixisSA-AR_2015 | 7,367 | As required by law, we also specifi cally verifi ed the information presented in the Group’s Management report, in accordance with the professional standards applicable in France. | 27 | annual_report |
5056 | 2,113 | Summit, the workers’ compensation insurance business that AFG acquired in April 2014, collects fees from a small group of unaffiliated insurers for providing underwriting, policy administration and claims services. In addition, certain of AFG’s property and casualty businesses collect fees from customers for ancillary services such as workplace safety programs and premium financing. In the fourth quarter of 2015, AFG collected $16 million in fees for these services. Management views this fee income, net of the $10 million in expenses incurred to generate such fees, as a reduction in the cost of underwriting its property and casualty insurance policies. Consistent with internal management reporting, these fees and the related expenses are netted and recorded as a reduction of commissions and other underwriting expenses in AFG’s segmented results. Beginning with the first quarter of 2015, these fees are shown in other income and the related expenses are shown in other expenses in AFG’s Statement of Earnings. | 155 | 10K |
NatixisSA-AR_2009 | 2,087 | Natixis cannot freely sell its 20% equity interests in Banques Populaires or Caisses d’Epargne, and in some circumstances could be required to resell them | 24 | annual_report |
3549 | 1,618 | Higher universal life and investment-type product policy fees combined with other revenues of $267 million resulted from a combination of growth in the business and improved overall market performance. Policy fees from variable life and annuity and investment-type products are typically calculated as a percentage of the average assets in policyholder accounts. The value of these assets can fluctuate depending on equity performance. | 63 | 10K |
fr_axa-AR_2014 | 2,653 | Executive Offi cer of Cap Gemini France. In May 2000, following the merger between Cap Gemini and Ernst & Young Consulting | 21 | annual_report |
TrygAS-AR_2017 | 1,334 | Trademarks and customer relations Trademarks and customer relations have been identified as intangible assets on acquisition. The intangible assets are recognised at fair value at the time of acquisition and amortised on a straight-line basis over the expected economic lifetime of 5-15 years. | 43 | annual_report |
2824 | 1,387 | During 2003, the Company adopted FIN 46 and FIN 46(r). Certain of the Company's investments in real estate joint ventures and other limited partnership interests meet the definition of a variable interest entity ("VIE") and have been consolidated, in accordance with the transition rules and effective dates, because the Company is deemed to be the primary beneficiary. A VIE is defined as (i) any entity in which the equity investments at risk in such entity do not have the characteristics of a controlling financial interest; or (ii) any | 88 | 10K |
HannoverRueckSE-AR_2011 | 572 | sulting in a net strain of around EUR 7 million for our account. | 13 | annual_report |
AegonNV-AR_2012 | 2,695 | J. Exercise of option rights Senior executives at Aegon companies and other employees have been granted share appreciation rights and share options. | 22 | annual_report |
GjensidigeForsikringASA-AR_2012 | 1,806 | Pension expense recognized in profit or loss Current service cost 56.2 62.8 Interest cost 82.0 96.8 Expected return on plan assets (93.6) (98.8) Past service cost (1.0) Employers' national insurance contributions 7.9 8.5 Total defined benefit pension cost 52.5 68.3 | 40 | annual_report |
1961 | 552 | Short-term debt consists of Torchmark’s commercial paper outstanding. The commercial paper balance outstanding at December 31, 2002 was $201 million at carrying value, compared with a balance of $204 million a year earlier. The commercial paper borrowing balance fluctuates based on Torchmark’s current needs. | 44 | 10K |
ASRNederlandNV-AR_2011 | 519 | The Supervisory Board discussed at length the evaluation of the performance of the Executive Board and whether or not to award variable pay. In light of the public debate about bonuses, it was decided not to award any short-term variable pay over 2010 and to formulate a new remuneration policy that will govern the Executive Board’s long-term variable remuneration. The guiding principles of this policy will be to reduce the variable pay component and to position the Executive Board’s overall remuneration just below the median of the Financial Services benchmark. This change was fleshed out in 2011 and agreed with NLFI, the shareholder. The policy was submitted to the Dutch Minister of Finance for approval early in 2012. | 118 | annual_report |
StorebrandASA-AR_2003 | 228 | The Board of Directors wishes to thank the retiring members of the Board of Directors and the Board of Representatives for the valuable contribution they have made to the company. | 30 | annual_report |
SwissLifeHoldingAG-AR_2007 | 396 | PRODUCT DESIGN | Swiss Life offers its customers the products they need. These products include guaranteed commitments while allowing customers to participate in positive market trends. In designing products, Swiss Life coordinates asset and liability management and the distribution policy to ensure that future developments on the capital market have as little impact as possible on profitability. Product development guidelines have been introduced throughout the Group to make sure that the product design principles are observed. They serve as standards for the local guidelines. When business is written, therefore, the responsibility does not rest exclusively with the local business unit; in certain cases, it lies with the Corporate Executive Board as stipulated by directive. | 114 | annual_report |
NatixisSA-AR_2007 | 9,503 | The Banques Populaires CCI may be repurchased from Natixis on the initiative of each Banque Populaire, without the prior authorization of the special general meeting of CCI holders and with the prior authorization of the Board of Directors of | 39 | annual_report |
3214 | 1,190 | The Company periodically reviews recent accounting pronouncements issued by the Financial Accounting Standards Board, American Institute of Certified Public Accountants, Emerging Issues Task Force, and Staff Accounting Bulletins issued by the United States Securities and Exchange Commission to determine the potential impact on the Company’s financial statements. Based on its most recent review, the Company has determined that the majority of these recently issued accounting standards either do not apply to the Company or will not have a material impact on its financial statements. | 84 | 10K |
4685 | 1,581 | Tabular dollar and share amounts are in thousands, with the exception of per share amounts. All amounts are reported in U.S. dollars. To facilitate comparison of information across periods, certain reclassifications have been made to prior year amounts to conform to the current year's presentation. | 45 | 10K |
nl_ing_grp-AR_2016 | 6,995 | LTV Residential Mortgages per country The table below shows the weighted average Loan-to-Value (LTV) ratio of the ING Bank Residential Mortgage portfolio per country. All LTV figures are based on market values. In most portfolios, ING uses house price developments to index these market values. In several markets, customers provide additional collateral or (government sponsored) mortgage insurance programs are used. None of these additional covers are included in the LTV figures. | 71 | annual_report |
LloydsBankingGroupPLC-AR_2018 | 4,290 | Total other comprehensive income – 2,602 (1,028) 1,574 – – 1,574 | 11 | annual_report |
AegonNV-AR_2018 | 393 | Increased investment in systems and new skills within workforce; need to retrain employees for new roles as a result of automation; improved and faster customer service, which could lead to increased retention. | 32 | annual_report |
1560 | 569 | December 31, (Amounts in thousands) ---------------------- 2000 1999 ---- ---- Deferred tax assets 20% of net unearned premium.................. $ 25,920 24,264 Tax asset on net unrealized loss on securities carried at market value.......... -- 21,253 Discounting of loss reserves and salvage and subrogation recoverable for tax purposes.................................... 9,445 8,383 Other deferred tax assets.................... 5,966 3,288 -------- -------- Total gross deferred tax assets............ 41,331 57,188 Less valuation allowance.................. -- -- -------- -------- Net deferred tax assets................... 41,331 57,188 -------- -------- | 79 | 10K |
4173 | 790 | The remaining reduction in health benefits expense incurred during the year, related to prior years, of approximately $74.0 million, $50.9 million and $23.5 million for the years ended December 31, 2010, 2009 and 2008, respectively, primarily resulted from obtaining more complete claims information for claims incurred for dates of service in the prior years. We refer to these amounts as net reserve development. We experienced lower medical trend than originally estimated due to moderating medical trends lower than previously estimated and to claims processing initiatives that yielded increased claim payment recoveries and coordination of benefits in 2010, 2009 and 2008 related to prior year dates of services for all periods. These factors also caused our actuarial estimates to include faster completion factors than were originally established. The faster completion factors contributed to the net favorable reserve development in each respective period. | 141 | 10K |
INGGroepNV-AR_2005 | 688 | On the basis of these criteria the performance peer group is composed as follows: – Citigroup, Credit Suisse, Fortis, Lloyds TSB | 21 | annual_report |
4688 | 1,145 | Elimination of $15.0 million of reserves relating to super-storm Sandy based on additional information received from our client which indicated that the losses would not exceed the threshold of coverage provided under our contract. As a result of the reversal of loss reserves, we also reversed reinstatement premiums earned of $2.6 million; | 52 | 10K |
AdmiralGroupPLC-AR_2019 | 805 | Meanwhile in the UK, our loans business (AFSL) announced that they would be running an Open Banking trial for referred customers. This trial is helping us understand customer appetite for sharing their information through Open Banking and will also help our credit risk and pricing team review new sources of data to see how predictive of risk it is. | 59 | annual_report |
4435 | 1,025 | Future policy benefits for universal life and investment-type contracts reflect the current account value before applicable surrender charges. | 18 | 10K |
1118 | 408 | At December 31, 1998, 1997 and 1996, the carrying value of the Company's investment portfolio (total investments less investment in affiliates) was $948 million, $876 million and $797 million, respectively, on which was earned $53.4 million, $50.6 million and $47.5 million in those years, respectively, excluding $2.4 million, $.7 million and $4.0 million of net realized capital gains in those years, respectively. The increase in investments resulted principally from cash flows from operations generated during the period. As of December 31, 1998, the Company held approximately $50.8 million and $5.5 million in short-term investments and cash and cash equivalents, respectively, to meet liquidity needs. | 104 | 10K |
NatixisSA-AR_2016 | 10,536 | (resolution twenty-one) Amendment to Article 11 of the by-laws can be convened by email. | 14 | annual_report |
4157 | 825 | The IBNR component of total medical claims liability is based on our historical claims data, current enrollment, health service utilization statistics, and other related information. Estimating IBNR is complex and involves a significant amount of judgment. Accordingly, it represents our most critical accounting estimate. The development of the IBNR includes the use of standard actuarial developmental methodologies, including completion factors and claims trends, which take into account the potential for adverse claims developments, and considers favorable and unfavorable prior period developments. Actual claims payments will differ, however, from our estimates. A worsening or improvement of our claims trend or changes in completion factors from those that we assumed in estimating medical claims liabilities at December 31, 2010 would cause these estimates to change in the near term and such a change could be material. | 134 | 10K |
SwissReAG-AR_2017 | 1,960 | Group Functions and Business Units. He augments the Business Unit’s activities with targeted initiatives including direct investments and the Swiss Re Institute. He also systematically monitors and steers Group Strategy implementation. | 31 | annual_report |
4378 | 1,060 | The initial coverage limit increased to $2,930 from $2,840 in 2011. | 11 | 10K |
5557 | 966 | Based on the applicable law and regulations, in 2019 AG Re has the capacity to (i) make capital distributions in an aggregate amount up to $128 million without the prior approval of the Authority and (ii) declare and pay dividends in an aggregate amount up to approximately $312 million as of December 31, 2018. Such dividend capacity is further limited by the actual amount of AG Re’s unencumbered assets, which amount changes from time to time due in part to collateral posting requirements. As of December 31, 2018, AG Re had unencumbered assets of approximately $416 million. | 97 | 10K |
4882 | 966 | Ambac files a consolidated U.S. Federal income tax return with its subsidiaries. Ambac UK files tax returns in both the United Kingdom and Italy (for its Milan branch). Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the period that includes the enactment date. | 115 | 10K |
SwissReAG-AR_2016 | 1,058 | In addition, Risk Management proposes risk capacity limits to ensure compliance with overall risk appetite and risk tolerance criteria. The risk capacity limits represent an aggregated constraint to risk-taking and seek to ensure that Group-wide accumulation risks remain within acceptable levels. They allow for risk monitoring and hence also for risk controlling during the execution of the plan. In addition to the risk capacity limits proposed by Risk Management, the Group EC also sets operational limits, which the business monitors and controls in day-to-day management. | 85 | annual_report |
5740 | 1,033 | On December 20, 2019, we announced a change in our overall business strategy to accelerate growth within the Medicare segment. The IFP segment will be de-emphasized moving forward and our focus for IFP will be to maximize cash flows and enhance e-commerce capabilities. By decreasing emphasis on new business within the IFP segment, we will be able to use cashflows from the IFP segment to invest in accelerating growth of the Medicare segment. | 73 | 10K |
TopdanmarkAS-AR_2020 | 533 | Gross premiums 10,942 10,984 Claims and benefits (4,138) (6,660) Pension return tax (122) (823) | 14 | annual_report |
4635 | 1,004 | See Note 1(q) and Note 2 for additional information on goodwill and other intangible assets. | 15 | 10K |
5513 | 6,141 | Includes lump sum payments of $20.9 million and $6.3 million in 2018 and 2017, respectively, from our pension plan to eligible participants, which were former employees with vested benefits. | 29 | 10K |
2117 | 450 | Effective on January 1, 2002, we adopted Statement of Financial Accounting Standards ("SFAS") No. 142, Goodwill and Other Intangible Assets. This statement addresses the accounting and reporting of goodwill and other intangible assets subsequent to their acquisition. Since adoption of SFAS No. 142 in July 2001, amortization of goodwill has discontinued, and goodwill is reviewed at least annually for impairment. | 60 | 10K |
LloydsBankingGroupPLC-AR_2012 | 4,652 | The latest full valuations of the three main schemes were carried out as at 30 June 2011; the results have been updated to 31 december 2012 by qualified independent actuaries. The last full valuations of other Group schemes were carried out on a number of different dates; these have been updated to 31 december 2012 by qualified independent actuaries or, in the case of the scottish Widows Retirement Benefits scheme, by a qualified actuary employed by scottish Widows. | 78 | annual_report |
Sampoplc-AR_2001 | 2,119 | Discounts Debt securities in issue 1 1 89 DEBT SECURITIES IN ISSUE | 12 | annual_report |
2042 | 1,199 | LIFE, ACCIDENT AND HEALTH RESERVES Liabilities for future policy benefits under traditional life, accident and health policies are computed using the net level premium method. Computations are based on the original projections of investment yields, mortality, morbidity and surrenders and include provisions for unfavorable deviations. Reserves established for accident and health claims are modified as necessary to reflect actual experience and developing trends. | 63 | 10K |
2326 | 507 | Real estate investments meeting the following criteria are classified as “real estate to be disposed of” in the Company’s balance sheet and the results therefrom are reported as “Discontinued Operations” in the Company’s | 33 | 10K |
4778 | 1,244 | During the fourth quarter of 2013, Ceridian entered into a memorandum of understanding to resolve claims brought by a putative class of U.S. Fueling Merchants. Under the terms of the memorandum of understanding, which will need to be finalized in a definitive settlement agreement and approved by the Court, Ceridian has agreed to make a one-time cash payment of $100 million as part of a $130 million global settlement with other defendants in the lawsuit, and to provide certain prospective relief with respect to specific provisions in its merchant agreements. This settlement will provide Ceridian and affiliated companies with a broad release of claims and will limit their exposure to legal claims by merchants. We estimate our portion of the settlement to be approximately $32 million, which will be recorded by us in the first quarter of 2014 as a result of our three-month lag in accounting for the results of operations of Ceridian. | 154 | 10K |
1899 | 634 | On June 7, 1996, the New York State Supreme Court certified one of those cases, Goshen v. The Mutual Life Insurance Company of New York and MONY Life Insurance Company of America (now known as DeFilippo, et al v. The Mutual Life Insurance Company of New York and MONY Life Insurance Company of America), the first of the class actions filed, as a nationwide class consisting of all persons or entities who have, or at the time of the policy’s termination had, an ownership interest in a whole or universal life insurance policy issued by MONY Life and MLOA and sold on an alleged “vanishing premium” basis during the period January 1, 1982 to December 31, 1995. On March 27, 1997, MONY Life and MLOA filed a motion to dismiss or, alternatively, for summary judgment on all counts of the complaint. All of the other putative class actions have been | 150 | 10K |
AdmiralGroupPLC-AR_2010 | 788 | LIABILITIES Insurance contracts 18 806.6 532.9 Deferred income tax 24 – 5.7 Trade and other payables 17, 22 561.0 306.8 Current tax liabilities 48.4 31.2 Total liabilities 1,416.0 876.6 Total equity and total liabilities 1,766.7 1,177.4 | 36 | annual_report |
4225 | 2,493 | (a) Expressed as a percentage of gross notional amount of the referenced obligations. As a result of participation ratios and partial terminations, the attachment point may not always be computed by dividing net notional amount by gross notional amount. | 39 | 10K |
1262 | 375 | In the opinion of management, the relocation of the North Carolina operations back to Winston-Salem, North Carolina, has allowed the Company to repair damaged relationships with agents and their clients who had suffered poor customer service during the consolidation efforts. | 40 | 10K |
NatwestGroupPLC-AR_2006 | 2,449 | Subordinated liabilities Designated as at fair value through profit or loss 124 124 150 150 — — — — | 19 | annual_report |
ScorSE-AR_2013 | 4,429 | The table below shows the net results of retrocession for the years ended 31 December 2013, 2012 and 2011: In EUR million | 22 | annual_report |
AdmiralGroupPLC-AR_2004 | 436 | The remuneration of non-executive directors is decided by the full Board, the non-executive directors abstaining. | 15 | annual_report |
SwissReAG-AR_2019 | 523 | • Goodwill and other intangibles: EVM excludes the recognition of potential future new business activities, including potential renewals. As a result, no goodwill or other intangible assets are carried in the EVM balance sheet. | 34 | annual_report |
AvivaPLC-AR_2001 | 392 | Wim Dik (63) Non-executive director Appointed to the Board in 1999, having served as a Chairman of Nuts Ohra, a Dutch insurer acquired by the Group in 1999. A former Chairman of Nederlandse Unilever Bedrijven BV and former Chairman and Chief Executive Officer of KPN, Royal Dutch Telecom. Currently a member of the Supervisory Board of ABN AMRO Bank and TNT Post Group, an advisory member of the Boards of Unilever and a non-executive director of CMG plc. Professor of ICT Management at Delft University. Member of the Remuneration Committee. | 90 | annual_report |
5146 | 761 | The U.S. Insurance Solutions segment has been impacted by lower interest rates for the past few years as well as decreases in our long-term interest rate assumptions. The current low interest rate environment has caused spread compression, whereas the decrease in long-term interest rate assumptions has led to higher reserves and unlocking of our DAC and other actuarial balances in the segment. | 62 | 10K |
4631 | 12,306 | Historically, most asbestos claims have been asserted as product liability claims. Recently, insureds who have exhausted the available products liability limits of their insurance policies have sought from insurers such as OneBeacon payment for asbestos claims under the premises and operations coverage of their liability policies, which may not be subject to similar aggregate limits. OneBeacon expects this trend to continue. However, to date there have been fewer of these premises and operations coverage claims than product liability coverage claims. This may be due to a variety of factors, including that it may be more difficult for underlying plaintiffs to establish losses as stemming from premises and operations exposures, which requires proof of the defendant’s negligence, rather than products liability under which strict legal liability applies. Premises and operations claims may vary significantly and policyholders may seek large amounts, although such claims frequently settle for a fraction of the initial alleged amount. Accordingly, there is a great deal of variation in damages awarded for the actual injuries. As of December 31, 2012, there were approximately 379 active claims by insureds against OneBeacon without product liability coverage asserting operations or premises coverage, which may not be subject to aggregate limits under the policies. | 202 | 10K |
4609 | 1,047 | Property and Casualty Insurance Reserve activity for the years ended December 31, 2012, 2011 and 2010 was: | 17 | 10K |
NatixisSA-AR_2019 | 7,772 | -1% change in rate of increase in salaries and income (incl. inflation) (9.93)% (10.20)% (7.14)% (9.38)% (9.93)% (6.79)% | 18 | annual_report |
BeazleyPLC-AR_2019 | 688 | • Liquidity risk: Linked to the underwriting and credit risks noted above, there is a risk that losses resulting from unprecedented natural disasters or extreme weather could erode our ability to pay claims and remain solvent. The group establishes capital at a 1:200 level based on the prevailing business plan. | 50 | annual_report |
AdmiralGroupPLC-AR_2019 | 1,994 | • Received updates on the impact of a number of notifiable risk events throughout 2019. | 15 | annual_report |
HelvetiaHoldingAG-AR_2012 | 2,606 | Consolidated equity per share in CHF 323.2 372.2 366.3 392.0 441.3 | 11 | annual_report |
HannoverRueckSE-AR_2018 | 3,686 | On the Supervisory Board Mr. Baumgartl and Dr. Sturany informed the Chairman of the Supervisory Board that they would be resigning their Supervisory Board mandates with effect from the end of the Annual General Meeting of Hannover Rück SE on 7 May 2018. Mr. Baumgartl also sat on the Standing Committee, the Finance and Audit Committee and the Nomination Committee. Dr. Sturany belonged to the Standing Committee. Dr. Lipowsky and Mr. Leue were elected to the Supervisory Board in the scheduled by-election held at the Annual General Meeting on 7 May 2018 with effect from the end of the Annual General Meeting. | 102 | annual_report |
SwissLifeHoldingAG-AR_2018 | 698 | – In past years we have strengthened our role as employer with our “Actively shaping your career” initiative, as well as arming ourselves for present and future challenges, and have thus established new standards. During the past year, we also continued to pursue our successful change process with an eye to further strengthening our market position as a responsible and attractive employer. | 62 | annual_report |
HelvetiaHoldingAG-AR_2014 | 652 | (Vice-Chairwoman, manages the official duties of the Board of Directors until the end of the Shareholders’ Meeting 2015) | 18 | annual_report |
ScorSE-AR_2010 | 2,934 | The table below shows the net results of retrocession for the years ended 31 December 2010 and 2009: In EUR million | 21 | annual_report |
2117 | 681 | Various Federal and state laws and regulations affecting the healthcare industry do or may impact the Company's current and planned operations, including, without limitation, Federal and state laws prohibiting kickbacks in government health programs (including TennCare®), Federal and state antitrust and drug distribution laws, and a wide variety of consumer protection, insurance and other state laws and regulations. While management believes that the Company is in substantial compliance with all existing laws and regulations material to the operation of its business, such laws and regulations are subject to rapid change and often are uncertain in their application. As controversies continue to arise in the healthcare industry (for example, regarding the efforts of Plan Sponsors and pharmacy benefit managers to limit formularies, alter drug choice and establish limited networks of participating pharmacies), Federal and state regulation and enforcement priorities in this area can be expected to increase, the impact of which on the Company cannot be predicted. There can be no assurance that the Company will not be subject to scrutiny or challenge under one or more of these laws or that any such challenge would not be successful. Any such challenge, whether or not successful, could have a material adverse effect upon the Company's financial position and results of operations. Violation of the Federal anti-kickback statute, for example, may result in substantial criminal penalties, as well as exclusion from the Medicare and Medicaid (including TennCare®) programs. Further, there can be no assurance that the Company will be able to obtain or maintain any of the regulatory approvals that may be required to operate its business, and the failure to do so could have a material adverse effect on the Company's financial position and results of operations. | 286 | 10K |
gb_lloyds_banking_grp-AR_2003 | 1,610 | The difference between the cost of other securities and market value, where the market value is higher than the cost, is not disclosed as its determination is not practicable. | 29 | annual_report |
2213 | 673 | Property and equipment includes computer software acquired or developed for internal use and for use with the Company’s products. Software development costs, which include capitalized interest costs incurred and certain payroll-related costs of employees directly associated with developing software, in addition to incremental payments to third parties, are capitalized from the time technological feasibility is established until the software is ready for use. | 63 | 10K |
5695 | 1,238 | The fair values of fixed income investment securities are based primarily on market prices received from quotes or alternative pricing sources. Because many fixed income securities do not trade on a daily basis, pricing sources apply available market information through processes such as matrix pricing to calculate fair value. Such prices generally consider a variety of factors, including recent trades of the same and similar securities. In those cases, the items are classified within Level 2. For those fixed income investments where quotes were not available or cannot be reasonably corroborated, fair values are based on internal valuation models. Key inputs to the internal valuation models generally include maturity date, coupon and yield curves for asset-type and credit rating characteristics that closely match those characteristics of the specific investment securities being valued. Items valued using valuation models are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be significant inputs that are readily observable. Longer (shorter) expected maturities or higher (lower) yields used in the valuation model will, in isolation, result in decreases (increases) in fair value. Generally, lower credit ratings or longer expected maturities will be accompanied by higher yields used to value a security. At December 31, 2019, approximately 4%, 94%, and 2% of the fixed income investment portfolio (excluding variable interest entity investments) was valued using dealer quotes, alternative pricing sources and internal valuation models, respectively. At December 31, 2018, approximately 8%, 90%, and 2% of the fixed income investment portfolio (excluding variable interest entity investments) was valued using dealer quotes, alternative pricing sources and internal valuation models, respectively. | 282 | 10K |
884 | 553 | Shareholders' Untaxed Company Surplus Balance - ---------------------- ----------------- -------------- ABE $ 5,180,494 $ 1,149,693 APPL 6,137,321 1,525,367 UG 30,998,215 4,363,821 USA 0 0 | 23 | 10K |
4948 | 1,496 | quarter, we review the loss ratio selections and the emerged loss experience to determine if deviating from the loss ratio method is appropriate. In general, we continue to use the loss ratio method until the end of the accident year, at which time we begin to assign weight to the paid and incurred BF methods depending on the line of business being evaluated. The BF methods compute IBNR through a blend of the expected loss ratio method and traditional loss development methods. The BF methods estimate IBNR for an accident year as the product of expected losses (earned premium multiplied by an expected loss ratio) plus an expected percentage of unreported losses. The expected percentage of unreported losses is derived from age-to-ultimate loss development factors that result from our analyses of loss development triangles. As accident years mature to the point at which the reported loss experience is more credible, we assign increasing weight to the paid and incurred loss development methods. | 162 | 10K |
AegonNV-AR_2005 | 2,291 | TOTAL FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS 2,272 136,106 1,498 115,980 | 14 | annual_report |
BaloiseHoldingLtd-AR_2006 | 1,405 | Election and term of offi ceElection and term of offi ceElection and term of offi The Board of Directors was made up of ten members at the close of 2006. Members are elected by the Annual General Meeting for terms of three years. Terms are staggered, with | 47 | annual_report |
2157 | 724 | the occurrence of significant weather-related or other natural or human-made disasters; | 11 | 10K |
nl_ing_grp-AR_2013 | 2,952 | Divestments –43 –43 Special items –107 25 –82 * Analysed as a part of operating expenses. | 16 | annual_report |
5104 | 1,386 | Business Combinations - Simplifying the Accounting for Measurement-Period Adjustments: In September 2015, the FASB issued guidance requiring that an acquirer recognize adjustments to estimated amounts that are identified during the measurement period in the reporting period in which the adjustments are determined. In the same period’s financial statements, the acquirer is required to record income effects of the adjustments as if the accounting had been completed at the acquisition date. The acquirer is also required to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the estimated amounts had been recognized as of the acquisition date. The amendment is effective for public business entities for annual periods beginning after December 15, 2015, and interim periods within annual periods beginning after December 15, 2015. The adoption of this guidance will not have a significant impact on our financial position or results of operations. | 172 | 10K |
2836 | 7,097 | The Company is continuously involved in numerous lawsuits arising, for the most part, in the ordinary course of business, either as a liability insurer defending third-party claims brought against its insureds, or as an insurer defending coverage claims brought against it by its policyholders or other insurers. While the outcome of all litigation involving the Company, including insurance-related litigation, cannot be determined, litigation is not expected to result in losses that differ from recorded reserves by amounts that would be material to the Company’s financial condition, results of operations or liquidity. In addition, reinsurance recoveries related to claims in litigation, net of the allowance for uncollectible reinsurance, are not expected to result in recoveries that differ from recorded receivables by amounts that would be material to the Company’s financial condition, results of operations or liquidity. | 135 | 10K |
1582 | 163 | GOODWILL Goodwill was established as a result of the merger and is being amortized over 40 years on a straight-line basis. | 21 | 10K |
5264 | 1,056 | There is a tax sharing agreement between NMIH and its subsidiaries, dated August 23, 2012 and amended on September 1, 2016. Under this agreement, each of the parties mutually agreed to file a consolidated federal income tax return for 2012 and subsequent tax years, with NMIH as the direct tax filer. The tax liability of each subsidiary that is party to the agreement is limited to the amount of liability it would incur if it filed a separate tax return. | 80 | 10K |
fr_axa-AR_2007 | 2,061 | stocK options Since 1989, AXA has promoted a stock options program, for its directors, officers and employees in France and abroad, aimed at rewarding their performance and aligning their interests with those of the Group by linking them to AXA’s stock performance over the long term. | 46 | annual_report |
NatwestGroupPLC-AR_2011 | 338 | In the table on the following page, we summarise the risks we face. We provide a more detailed discussion of developments in 2011 in the ‘Risk and balance sheet management’ section. | 31 | annual_report |
HannoverRueckSE-AR_2011 | 4,713 | “Related Party Disclosures”. In addition, we took into account the more specific provisions of DRS 17 “Reporting on the Re | 20 | annual_report |
CNPAssurancesSA-AR_2017 | 226 | Together for seven years CNP Assurances and UniCredit have extended their partnership via CNP UniCredit Vita. Covering its 1,365 branches and UniCredit outlets in central and southern Italy, Sardinia and Sicily, the new agreement provides for the creation of a sales and marketing hub to drive expansion in unit-linked savings, term creditor insurance and individual protection insurance. | 57 | annual_report |
2841 | 624 | differences are permanent such as expenses that are not deductible in our tax return, and some differences are temporary, reversing over time, such as valuation of insurance reserves. Temporary differences create deferred tax assets and liabilities. Deferred tax assets generally represent items that can be used as a tax deduction or credit in future years for which we have already recorded the tax benefit in our income statement. Deferred tax liabilities generally represent tax expense recognized in our financial statements for which payment has been deferred, or expenditures for which we have already taken a deduction in our tax return but have not yet recognized in our financial statements. The application of GAAP requires us to evaluate the recoverability of our deferred tax assets and establish a valuation allowance if necessary to reduce our deferred tax asset to an amount that is more likely than not to be realized. Realization of certain deferred tax assets is dependent upon generating sufficient taxable income in the appropriate jurisdiction prior to the expiration of the carry-forward periods. Although realization is not assured, management believes it is more likely than not the deferred tax assets, net of valuation allowances, will be realized. | 198 | 10K |
de_allianz-AR_2011 | 417 | ◼ v a r i a B l e r e m u n e r a T i o n variable remuneration aims for balance between short-term performance, longer-term success and sustained value creation. it is designed to balance risk and opportunity to achieve an appropriate level of remuneration in different performance scenarios and business circumstances. variable awards are made under the plan rules and conditions of the “allianz Sustained performance plan” (aSpp) which consists of the following equally-weighted components: 1. annual bonus (short-term): a performance-related cash payment which rewards annual achievement of targets. | 95 | annual_report |
1389 | 403 | The most commonly used swaps are interest rate swaps, currency swaps, equity swaps and swaptions. Such derivatives are traded over the counter. An interest rate swap is a contract between two parties to exchange interest rate payments (typically a fixed interest rate versus a variable interest rate) calculated on a notional principal amount for a specified period of time. The notional amount is not exchanged. Currency and equity swaps are similar to interest rate swaps but may involve the exchange of principal amounts at the commencement and termination of the swap. Swaptions are options where the holder has the right but not the obligation to enter into a swap transaction or cancel an existing swap transaction. | 116 | 10K |
AegonNV-AR_2000 | 702 | USD 853 million (up 39%), while income from fixed annuities was USD 426 million, up 19%. Income before tax from GICs and funding agreements amounted to USD 165 million, which was up 18%. Life for the account of policyholders contributed | 40 | annual_report |
4656 | 703 | The valuation of many of our financial instruments includes methodologies, estimations and assumptions that are subject to differing interpretations and could result in changes to investment valuations that may materially and adversely affect our results of operations and financial condition. | 40 | 10K |
4727 | 4,717 | Other investments - Other investments represent certain limited partnerships that are recorded at fair value and are based upon net asset value (NAV) provided by the general partner where the unobservable inputs are not reasonably available to us. | 38 | 10K |
4331 | 982 | Short-term investments include certificates of deposit, money market funds and highly liquid debt instruments purchased with initial maturities in excess of three months but less than one year and are carried at amortized cost, which approximates fair value. | 38 | 10K |
4051 | 3,320 | (b)Net realized and unrealized gains and losses related to Level 3 items shown above are reported in the Consolidated Statement of Income (Loss) primarily as follows: | 26 | 10K |
de_allianz-AR_2011 | 787 | � S o u t H K o r e A | 11 | annual_report |
NatixisSA-AR_2003 | 3,183 | With respect to its accounting and financial internal control systems, the Group has committed in the short and midterm to numerous projects whose development will continue. Specifically, these will cover the harmonization of accounting control procedures, integration of the Coface sub-group in the Group’s direct consolidation mechanism, finalization of the Natexis Banques Populaires’ accounting systems convergence to a single application, and reduction of the accounts closure time periods. | 68 | annual_report |
5594 | 1,377 | Includes USD-denominated fixed maturities at amortized cost plus any related accrued investment income, as well as USD notional amount of foreign currency derivative contracts outstanding. Note this amount represents only those USD assets serving to hedge the impact of foreign currency volatility on equity. Separate from this program, our Japanese operations also have $48.9 billion and $41.2 billion as of December 31, 2018 and 2017, respectively, of USD-denominated assets supporting USD-denominated liabilities related to USD-denominated products. | 76 | 10K |
5720 | 1,668 | ecured by a first priority security interest in all of MBIA Corp.’s right, title and interest in the recovery of its claims from the assets of Zohar I and Zohar II which include, among other things, loans made to, and equity interests in, certain portfolio companies purportedly controlled by the Zohar Sponsor and claims that may exist against the Zohar Sponsor. If funds received from MBIA Corp. under the Refinanced Facility are insufficient to pay interest on interest payment dates, MZ Funding may elect to pay interest in kind, which increases the outstanding principal amount. | 95 | 10K |
5023 | 1,699 | The Company has insured or reinsured $4.3 billion of net par (72% of which is in CDS form) of collateralized debt obligations (“CDOs”) backed by TruPS and similar debt instruments, or “TruPS CDOs.” Of the $4.3 billion, $1.3 billion is rated BIG. The underlying collateral in the TruPS CDOs consists of subordinated debt instruments such as TruPS issued by bank holding companies and similar instruments issued by insurance companies, real estate investment trusts (“REITs”) and other real estate related issuers. | 80 | 10K |
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