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
4051
2,658
Many of AGF's borrowers are non-prime or subprime. The real estate loans are comprised principally of first-lien mortgages on residential real estate generally having a maximum term of 360 months, and are considered non-conforming. The real estate loans are principally closed-end accounts and fixed rate products. AGF d...
102
10K
StorebrandASA-AR_2010
2,015
notes to the finanCial statements of storebrand Group 56 Sold business and discontinued operations in 2010, storebrand skadeforsikring as sold the company oslo reinsurance Company ltd. an application for the uK authorities‘ approval has been submitted and a reply is awaited. because of the sale the rules in ifrs 5 must...
173
annual_report
1129
237
Regulatory Requirements - In accordance with the requirements of the State of New York, the Company must demonstrate adequate capital. At December 31, 1999, the Company was in compliance with the requirement.
32
10K
2277
753
2003 2002 2001 ---- ---- ---- Numerator: Net income $6,596,497 $3,991,280 $2,840,780 ========== ========== ==========
15
10K
4093
1,217
The following table summarizes information about the restricted stock outstanding under the 2005 Incentive Plan at December 31, 2009:
19
10K
fr_axa-AR_2019
565
Asset managers benefitted from favorable market conditions in 2019 as both low interest rates and strong equity markets increased assets under management, thus driving both management and performance fees up across the industry. However, the year was split into two distinct periods as the first half of the year saw inv...
84
annual_report
SwissReAG-AR_2012
3,323
Provision for claims incurred but not reported by the balance sheet date. In other words, it is anticipated that an event will affect a number of policies, although no claims have been made so far, and is therefore likely to result in liability for the insurer.
46
annual_report
de_allianz-AR_2010
3,565
In 2010, the Allianz France extended the restructuring activities comprising a second wave of voluntary terminations with a new objective of 830 positions (instead of 688) and the vacation of seven rented or owner-occupied buildings in downtown Paris (relocation of activities mainly to La Defense). As of December 31, 2...
64
annual_report
TrygAS-AR_2009
1,826
Total, beginning of period 19,271 794 18,477 Market value adjustment of provisions, beginning of period 1,325 113 1,212 Addition on acquisition of subsidiary* 648 69 579
26
annual_report
BeazleyPLC-AR_2019
2,048
Fixed and floating rate debt securities 1,530.8 1,650.5 898.0 327.7 304.2 87.6 14.3 4,813.1 Cash and cash equivalents 278.5 – – – – – – 278.5 Derivative financial instruments 25.5 – – – – – – 25.5
37
annual_report
NatixisSA-AR_2017
135
Natixis has been affiliated with BPCE since July 31, 2009 (nota inclusive), replacing the dual affiliation of Natixis with CNCE and BFBP.
22
annual_report
CNPAssurancesSA-AR_2005
1,621
We are convinced that the key to motivating employees lies in applying fair remuneration policies and respecting their work-life balance. Just under 74% of employees have personalised working hours and 16.2% work parttime including 13.6% of managers (in all cases, excluding CNP Trésor). In 2004, gross salaries were inc...
81
annual_report
5604
1,862
Fluctuations in near-term interest rates could have an impact on each exchange’s results of operations and cash flows. Certain of these securities may have call features. In a declining interest rate environment these securities may be called by their issuer and replaced with securities bearing lower interest rates. If...
66
10K
3781
883
We encourage you to read the consolidated financial statements included in this Annual Report on Form 10-K because they contain our complete consolidated financial statements for the years ended December 31, 2008, 2007 and 2006. The results of operations for the year ended December 31, 2008 are not necessarily indicati...
53
10K
4310
3,775
The Company issues annuity contracts which may include contractual guarantees to the contractholder for: (i) return of no less than total deposits made to the contract less any partial withdrawals (“return of net deposits”); and (ii) the highest contract value on a specified anniversary date minus any withdrawals follo...
126
10K
2179
2,146
The Company accounts for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial carrying amounts of existing assets and liabilities and their respective tax basis, and operating loss and tax...
137
10K
4079
1,067
Components of intangible assets at December 31, 2009 and 2008 consist of the following:
14
10K
4534
1,177
The average subordination at the inception of our participation in the transaction.
12
10K
763
207
Total rent expense for all leases was $1,469,000, $1,310,000 and $959,000 in 1997, 1996 and 1995, respectively.
17
10K
4935
602
When a claim is reported to us, our claims personnel establish a “case reserve” for the estimated amount of the ultimate payment. This estimate reflects an informed judgment based upon general insurance reserving practices and on the experience and knowledge of the estimator. The individual estimating the reserve consi...
60
10K
5087
3,182
We lease office space for use in our operations. The lease agreements, which expire periodically through August 2032, contain provisions for scheduled periodic rent increases. Net rental expense in connection with these leases totaled $5.0 million in 2015, $3.9 million in 2014 and $3.1 million in 2013, excluding the ne...
68
10K
RaiffeisenBankInternationalAG-AR_2013
1,685
Pledged securities ready to be sold or repledged by transferee are allocated to the appropriate securities category in the table above. Further details are shown under note (39) Transferred assets, genuine sale and repurchase agreements.
35
annual_report
ASRNederlandNV-AR_2018
240
Developments in society encourages the development of new products and services and/or altering the work procedures of insurance companies. Different factors play a part in this context.
27
annual_report
LloydsBankingGroupPLC-AR_2002
1,153
Transport, distribution and hotels 4,696 4,440 Property companies 4,008 2,907 Financial, business and other services 8,352 8,736 Personal: mortgages 62,467 56,578
21
annual_report
NatwestGroupPLC-AR_2012
4,289
Key inputs to the Group Performance and Remuneration Committee to assist its decision-making The Committee receives regular updates on regulatory developments and general remuneration issues, as well as market and benchmarking data to support its decisions. It also received information from a number of external and int...
61
annual_report
3525
904
The 2006 combined ratio in the Focus States increased 3.0 points compared to that in 2005. The loss and LAE ratio increased 1.5 points primarily from strengthening LAE reserves. The underwriting ratio increase of 1.5 points is primarily a result of an increase in advertising and in part from a larger portion of the sha...
62
10K
5477
564
The Company establishes liabilities for amounts payable under insurance policies and annuity contracts that are dependent on actuarial assumptions. Principal assumptions used in the establishment of liabilities for future policy benefits are mortality, policy lapse, renewal, retirement, investment returns, inflation, e...
112
10K
AegonNV-AR_2008
3,859
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS OF AEGON GROUP | NOTE 40
12
annual_report
4944
896
Our investment yield, net of and including investment expenses measured against debt securities, excluding equities and cash, was 2.8% and 3.2%, respectively, for 2014. Our investment yield, net of and including investment expenses measured against debt securities, excluding equities and cash, was 2.4% and 2.7%, respec...
119
10K
4000
1,060
The increase in the loss ratio during 2007 primarily is due to the different composition of the severity underwriting portfolio. During the year ended December 31, 2006, the severity underwriting portfolio was composed entirely of natural peril business. Because of benign natural peril loss experience, we incurred a ve...
158
10K
gb_lloyds_banking_grp-AR_2015
4,756
Revaluation reserve in respect of available-for-sale financial assets (438) (67) (615)
11
annual_report
3427
1,167
Diversified Insurance Services, which provides human resource administration outsourcing products and services, and federal flood insurance administrative services.
18
10K
TrygAS-AR_2014
440
Gross premiums rose by 1.5% (-2.1%) in Q4, almost corresponding to the level for the full year.
17
annual_report
PosteItalianeSpA-AR_2020
6,800
z Provisions for disputes with staff regard liabilities that may arise following labour litigation and disputes of various types. Provisions of €11 million regard an update of the estimate of the liabilities and the related legal expenses, taking account of the overall value of negative outcomes in terms of litigation.
50
annual_report
1881
545
The locations from which the Parent Group exclusive agencies operate in the U.S. are normally leased by the agencies.
19
10K
StorebrandASA-AR_2018
409
“Our ambition is to become the industry leader in customer satisfaction.”
11
annual_report
INGGroepNV-AR_2001
892
ING Aeltus launched two new private equity funds. Especially the ‘secondaries’ fund, which buys private equity partnership interests from investors who wish to reduce their exposure to this asset class, met good demand from institutional investors in the US and Europe.
41
annual_report
HannoverRueckSE-AR_2010
1,600
In the 2010 financial year 234,905 stock appreciation rights with a value of EUR 1.5 million were granted to active members of the Executive Board for the 2009 allocation year; in the previous year no stock appreciation rights were granted for the 2008 financial year because the internal performance criterion was not s...
69
annual_report
357
687
The reserve increases and reduction in reinsurance profit sharing experienced in 1996 have negatively impacted the statutory surplus levels of the insurance subsidiaries. These subsidiaries still maintain reported surplus at December 31, 1996 in excess of both minimum surplus and authorized control level risk based cap...
101
10K
688
664
Liquidity for the life insurance subsidiaries is measured by their ability to pay scheduled contractual benefits, pay operating expenses, and fund investment commitments. Sources of liquidity include scheduled and unscheduled
30
10K
5408
514
Investment income and realized gains and losses from investments are included in investment related revenues.
15
10K
fr_axa-AR_2013
8,518
Net income for the fi scal year ended December 31, 2013 was €1,727 million, compared to a profi t of €3,261 million in the year ended December 31, 2012, which included an foreignexchange gain of €903 million compared to a €332 million loss in 2013.
45
annual_report
ASRNederlandNV-AR_2013
1,688
Defined benefit obligation at 1 January (2012 previously reported) 2,517 2,343 21 21 Change in accounting policy - -86 - Restated opening balance 2,517 2,257 21 21
27
annual_report
2418
1,013
The above table reflects the total benefits to be paid from the plan, including both our share of the benefit cost and the participants' share of the cost, which is funded by their contributions to the plan.
37
10K
2490
3,553
Net Income. Net income was $426.0 million in 2003 compared to net income of $231.3 million in 2002, reflecting improved underwriting and investment income results partly offset by increased income taxes.
31
10K
nl_ing_grp-AR_2014
5,130
ING Bank The total ING Bank forborne assets amounted to EUR 9.9 billion at 31 December 2014.
17
annual_report
ScorSE-AR_2014
3,082
Transport equipment 4 to 5 years Deposits and security deposits relate primarily to rented facilities.
15
annual_report
DirectLineInsuranceGroupPLC-AR_2016
3,205
Profit for the year 764.9 539.5 Adjustments for: Impairment of investment in subsidiary undertakings – 234.6 Investment return (829.4) (720.5) Finance costs 46.9 47.1 Equity-settled share-based payment charge 16.8 – Gain on disposal of assets held for sale – (109.5) Tax (credit) / charge (0.5) 3.0
46
annual_report
StorebrandASA-AR_2007
252
Microfinance involves providing financial services to people who would not normally have access to bank savings, credit and insurance. This has proved to be an effective means of reducing poverty. Storebrand first got involved in microfinancing in 2005, and during 2007 increased its investments from
45
annual_report
ScorSE-AR_2009
300
The equity risk is controlled and measured: On a Group level, exposure is decided by senior management and reviewed at least quarterly by the Group Investment Committee.
27
annual_report
NatwestGroupPLC-AR_2008
2,022
In the event that Stephen Hester’s employment is terminated by the company (other than by reason of his personal underperformance), the following will apply. First Mr Hester will be entitled to receive a payment in lieu of notice to the value of base salary, bonus and benefits (including pension contributions). Secondl...
78
annual_report
2379
2,188
Through facultative reinsurance contracts with CCC, CNA Surety’s exposure on bonds written from October 1, 2002 through October 31, 2003 has been limited to $20.0 million per bond, with CCC to incur 100% of losses above that level. For bonds written on or subsequent to November 1, 2003, CNA Surety’s exposure is limited...
168
10K
NatixisSA-AR_2016
5,816
meet the definition of an insurance contract were accounted for in line with the requirements of IFRS 4 “Insurance Contracts”, as
21
annual_report
PhoenixGroupHoldingsPLC-AR_2012
1,865
For this measure the capital resources include the surplus over capital policy in the life companies, a prudent assessment of the present value of future profits of Ignis Asset Management and the net assets of the Holding Companies, less the pension scheme obligations on an economic basis. The capital requirements rela...
92
annual_report
3290
943
NET REALIZED GAINS AND LOSSES Net realized gains in our insurance operations were $56 million in 2007 compared with net realized gains of $6 million in 2006 and net realized losses of $3 million in 2005. Net realized gains and losses are largely due to sales of investment securities. Net realized gains in 2007 included...
156
10K
5338
1,169
Included in net realized gains are other-than-temporary impairments of $6,874, $5,024, $30, $4,387 and $1,843 for 2016, 2015, 2014, 2013 and 2012, respectively.
23
10K
HelvetiaHoldingAG-AR_2016
480
IFRS earnings for the period per share in CHF 36.1 29.0
11
annual_report
de_allianz-AR_2002
1,023
Acquisition-related expenses totaled 729 million euros. They include amortization of goodwill of 377 million euros as well 155 million euros for the amortization of loyalty bonuses for the management of the PIMCO group. These bonuses were agreed upon in 2000 as part of the price paid for the company and are amortized o...
96
annual_report
1308
336
The Financial Services segment's core savings business is in the public/non-profit pension market. The assets of the public/non-profit business, including separate accounts but excluding Guaranteed Investment Contracts ("GICs"), increased 2% and 9% during 1999 and 1998 to $7.9 billion and $7.8 billion, respectively. Mu...
102
10K
DirectLineInsuranceGroupPLC-AR_2016
1,592
 The Committee considered whether the performance targets of RoTE and TSR remain appropriate and in line with the Group’s strategic objectives. When considering awards under the LTIP scheme the Committee considered the appropriate targets to ensure that they remain challenging in the context of the Group’s planned per...
49
annual_report
gb_prudential-AR_2011
4,483
I9: Commitments i Operating leases The Group leases various offices to conduct its business. Leases in which a significant portion of the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases (net of any incentives received from the lessor) ar...
66
annual_report
NatwestGroupPLC-AR_2005
1,223
The Group has operated within its non-sterling liquidity policy mismatch limits at all times during 2005 and operational processes are actively managed to ensure that is the case going forward.
30
annual_report
5883
1,144
A total return approach is employed whereby a mix of equity, limited partnerships and fixed maturity securities are used to maximize the long term return of plan assets for a prudent level of risk and to manage cash flows according to plan requirements. The target allocation of plan assets is 40% to 60% invested in equ...
191
10K
ScorSE-AR_2013
6,234
 For SCOR Global Life, scenarios are established in conjunction with the Risk Management Department of
16
annual_report
2067
1,085
ILFC is a party to unsecured syndicated revolving credit facilities aggregating $3.15 billion to support its commercial paper program. The facilities consist of $2.15 billion in a short-term revolving credit facility and $1.0 billion in a three year revolving credit facility. There are currently no borrowings under the...
59
10K
ASRNederlandNV-AR_2015
572
Products a.s.r.’s individual life product line primarily consists of an in-force book of Individual life portfolios. In 2005, a.s.r. made a decision to simplify its Individual life insurance product portfolio, and consolidate its sales and operations under the a.s.r. brand. The active product range of the individual li...
121
annual_report
RaiffeisenBankInternationalAG-AR_2014
2,044
In line with this target, risk taking capacity is calculated as the amount of expected profits, expected impairment losses, and the excess of own funds (taking into account various limits on eligible capital). This capital amount is compared to the overall value-atrisk (including expected losses). Quantitative models u...
84
annual_report
DirectLineInsuranceGroupPLC-AR_2013
2,768
Other loans and receivables: Accrued interest 1.2 2.0 Receivables from related parties 0.9 5.1 Other debtors1 127.4 60.2
18
annual_report
2964
841
Our benefit expense includes costs of care for health services consumed by our members, such as outpatient care, inpatient hospital care, professional services (primarily physician care) and pharmacy benefit costs. All four components are affected both by unit costs and utilization rates. Unit costs include the cost of...
148
10K
NatixisSA-AR_2007
4,996
Ixis SP S.A. – Compartiment Prévie Mutual fund FI 100 100 100 100 Luxembourg
14
annual_report
ch_zurich_insurance_group-AR_2017
2,383
Total liabilities for insurance contracts 4 261,335 239,369 (20,971) (18,411) 240,364 220,958 1 The Group’s life operations in the UK finalized the transfer of USD 1.6 billion of insurance assets and liabilities, associated with an annuities portfolio as of June 30, 2017. 2 Farmers New World Life Insurance Company ente...
125
annual_report
fr_axa-AR_1999
5,233
Change in unrealized investment gains on assets allocated to UK with-profit contracts (1,486) (1,027) (1,382)
15
annual_report
AvivaPLC-AR_2017
2,832
During the year management reassessed the critical estimates previously provided and, based on their assessment of qualitative and quantitative risk factors, resolved to remove goodwill impairment, impairment of financial assets, provisions and contingent liabilities, pension obligations and deferred income taxes.
40
annual_report
642
394
In addition to the $238.2 million purchase price for the Annuity Operations, SunAmerica paid $33.1 million to the Company for accrued interest and related items. In turn, the Company paid SunAmerica $360.4 million of cash and cash equivalents because policy reserves transferred exceeded invested assets transferred. Add...
131
10K
4191
1,538
Our Retirement and Protection segment increased $31 million primarily due to an increase of $40 million in our long-term care insurance business and an increase of $29 million in our retirement income business, partially offset by a decrease of $39 million in our life insurance business.
46
10K
5245
1,281
• 9 ACOs, serving more than 105,000 Medicare beneficiaries, including our flagship ACO in Houston, qualified for shared savings totaling $26.9 million. Our share of these payments, recorded in the second quarter of 2015, after payments to our physician partners of $6.0 million, increased to $20.9 million, which is refl...
70
10K
3950
866
Continuing to actively manage our enterprise exposure to long-term care business.
11
10K
5230
983
Net investment income before and after income taxes and average annual yields on investments after income taxes decreased slightly, primarily due to the maturity and replacement of higher yielding investments purchased when market interest rates were higher, with lower yielding investments purchased during low interest...
47
10K
SwissReAG-AR_2005
2,291
All currency differences arising from the revaluation of the opening balance sheet, the adjustments from application of year-end and average rates, or foreign-exchange transactions are booked via a corresponding provision.
30
annual_report
NNGroupNV-AR_2014
318
Financial highlights The operating result of Netherlands Life for 2014 declined by 13.3% to EUR 615 million. This was mainly due to a lower technical margin and lower fees and premium-based revenues, partly compensated by a higher investment margin and lower administrative expenses. Administrative expenses decreased by...
76
annual_report
3257
1,013
The Company has no off-balance sheet arrangements other than as disclosed herein.
12
10K
gb_prudential-AR_2019
5,606
Prudential Services Limited OS 100.00% 1 Angel Court, London, EC2R 7AG, United Kingdom
13
annual_report
gb_prudential-AR_2018
7,490
(iv) Asia �— The�stochastic�cost�of�guarantees�is�primarily�of�significance�for�the�Hong�Kong,�Malaysia,�Singapore�and�Taiwan�operations; �— The�principal�asset�classes�are�government�and�corporate�bonds; �— The�asset�return�models�are�similar�to�the�models�as�described�for�M&GPrudential�below;�and �— The�volatility�of...
11
annual_report
PosteItalianeSpA-AR_2016
4,115
Changes in fair value through profit or loss – – – (432) – – – (432)
16
annual_report
ScorSE-AR_2018
4,267
For all other holders of ordinary shares notice of the meeting is given via publication in a journal authorized to publish legal announcements in the country in which the Company is registered and in the Bulletin des annonces légales obligatoires (BALO) with prior notice given to the AMF.
48
annual_report
4706
777
Interest income earned on corporate funds amounted to $24 million in 2012 compared with $28 million in 2011. The decrease in interest income was due to lower average interest rates compared with the prior year. Interest expense was $181 million in 2012 compared with $199 million in 2011. The decrease was primarily due ...
82
10K
5364
1,547
Other acquired intangible assets at December 31, 2017 and 2016 consisted of the following:
14
10K
StandardLifeAberdeenPLC-AR_2013
282
1. Strategic report continued 1.4 Business segment performance 1.4.1 UK and Europe Financial highlights1 2013 2012 Movement Operating profit before tax2 £380m £393m (3%) Operating return on equity2 20.0% 25.4% (5.4% points) Assets under administration £166.0bn £146.2bn 14% Net flows £3,358m £1,922m 75% EEV operating pr...
88
annual_report
NatixisSA-AR_2007
6,525
“depreciation, amortization and provisions for impairment of property, plant and equipment and intangible assets”.
14
annual_report
2109
584
UNITED TRUST GROUP, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS Three Years Ended December 31, 2002
15
10K
3830
583
The reported asbestos survival ratios based on asbestos loss and ALAE reserves, net of per risk reinsurance but before the benefit of corporate aggregate reinsurance, are presented below:
28
10K
1670
341
INSpire incurs research and development costs that relate primarily to the development of new services and products and major enhancements to existing services and products. Research and development costs are comprised primarily of salaries. INSpire expenses or capitalizes, as appropriate, these costs in accordance wit...
147
10K
gb_prudential-AR_2007
850
Results As at 31 December 2006, the Group economic capital requirement was £1.6 billion, compared to available capital resources of £4.5 billion. The Group economic capital requirement quoted is after allowance for diversification benefits between risk types and business units, and inclusive of the local regulatory cap...
73
annual_report
2068
294
Losses and Loss Adjustment Expenses. The estimated liabilities for losses and loss adjustment expenses ("LAE") include the accumulation of estimates of losses for claims reported prior to the balance sheet dates, estimates (based upon actuarial analysis of historical data) of losses for claims incurred but not reported...
113
10K
ScorSE-AR_2017
2,322
RISK FACTORS AND RISK MANAGEMENT MECHANISMS03 Internal control and risk management procedures 3.7.2. MANAGEMENT OF OPERATIONAL RISKS
17
annual_report
1958
497
and occupied in two office buildings located in Bristol and Basingstoke. The facility in Argentina is approximately 23,000 square feet of space within a condominium in Buenos Aires.
28
10K
2884
3,671
At both December 31, 2005 and 2004, $1.8 billion was advanced under these programs from the SPEs. Aon records at fair value the retained interest, which is included in insurance brokerage and consulting services receivables in the consolidated balance sheets.
40
10K
NatixisSA-AR_2008
4,473
The increase was linked primarily to the increase in value of transactions recognized at fair value on the balance sheet, offset chiefl y by a decline in repurchase agreements.
29
annual_report
nl_ing_grp-AR_2012
4,474
Board level risk oversight ING US has a two-tier board structure consisting of the Board of ING U.S., Inc. and the Supervisory Board.
23
annual_report
5387
2,602
lines in the insurance segment, the Company also relies upon the evaluation of the open claim inventory in addition to the commonly employed actuarial methods when establishing reserves.
28
10K