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NatixisSA-AR_2008 | 7,712 | NATIXIS ASSET MANAGEMENT PARTICIPATIONS 1 Holding company FC 89 89 89 89 France | 13 | annual_report |
fr_axa-AR_2016 | 4,800 | The Solvency Capital Requirement, calculated on the basis of the Internal Model, represents the value at risk of Group Available | 20 | annual_report |
RaiffeisenBankInternationalAG-AR_2015 | 1,572 | The following table contains debt securities issued amounting to or exceeding € 200,000 thousand nominal value: Issuer ISIN Type Currency Nominal value in € | 24 | annual_report |
4824 | 1,311 | (1) The intangible asset for licenses has an indefinite life and therefore is not amortized. | 15 | 10K |
AegonNV-AR_2016 | 164 | Aegon is an international life insurance, pensions and asset management group. Its listed holding company, Aegon N.V., is a public limited liability company with its corporate seat and head office in the Netherlands. | 33 | annual_report |
5933 | 966 | On July 16, 2018, the Company announced it had entered into a definitive agreement to sell its non-standard automobile insurance companies Mendota Insurance Company, Mendakota Insurance Company and Mendakota Casualty Company (collectively "Mendota"). On October 18, 2018, the Company completed the previously announced sale of Mendota. The Company recognized a gain on disposal of Mendota of less than $0.1 million for the year ended December 31, 2020 and a loss on disposal of $1.5 million for the year ended December 31, 2019. | 82 | 10K |
NatixisSA-AR_2009 | 1,002 | Associates, were fi nalists in the US stock and international stock categories, respectively. | 13 | annual_report |
4061 | 915 | Requires Triad to obtain prior written approval from the Department before entering into certain transactions with unaffiliated parties; | 18 | 10K |
4469 | 1,077 | We have exposure to insured A&E losses through our Mt. McKinley operation and reinsured A&E losses and through Everest Re. In each case, our management and analyses of our exposures take into account a number of features of our business that differentiate our exposures from many other insurers and reinsurers that have significant A&E exposures. | 55 | 10K |
GjensidigeForsikringASA-AR_2017 | 810 | Gjensidige Pensjonsforsikring (GPF) achieved a growth in assets for management of 23.5 per cent in 2017 and good underlying profitability development. GPF contributes to the provision of a complete range of products and services to Gjensidige’s commercial customers. | 38 | annual_report |
4051 | 3,181 | Other Operations: AIG's Other operations include interest expense, restructuring costs, expenses of corporate staff not attributable to specific reportable segments, expenses related to efforts to improve internal controls, corporate initiatives, certain compensation plan expenses, certain litigation related charges, corporate level net realized capital gains and losses and net gains and losses on sale of divested businesses. | 56 | 10K |
gb_lloyds_banking_grp-AR_2018 | 5,676 | Of the amounts shown above in respect of undrawn formal standby facilities, credit lines and other commitments to lend, £64,884 million (2017: £65,946 million) was irrevocable. | 26 | annual_report |
PhoenixGroupHoldingsPLC-AR_2019 | 2,557 | At 31 December 2018, the share premium reserve continued to reflect the position of Old PGH. During 2019, Old PGH, in accordance with Cayman Islands Companies Law, made a distribution of its entire share premium reserve to Phoenix Group Holdings plc. This has been reflected as a transfer of share premium in the statement of consolidated changes in equity in the year. | 62 | annual_report |
NatixisSA-AR_2010 | 7,110 | ❚ TOTAL CONTRIBUTION PAID AS PART OF THE NATIXIS S.A. EMPLOYEE SAVINGS PLAN | 13 | annual_report |
5232 | 628 | Maintenance Reserve (IMR) are recorded as liabilities in the life subsidiary, and (d) non-admitted assets (primarily furniture and equipment, agents' debit balances and prepaid expenses) are charged directly to surplus. | 30 | 10K |
5138 | 1,473 | Delinquency rates were flat compared to 2014 with regional variation, including increases in more commodity dependent regions such as Alberta and Saskatchewan due to economic pressures related to low commodity prices, offset by lower delinquencies in British Columbia. | 38 | 10K |
3132 | 860 | commission and fee income for 2005 of $40.2 million, or 18.3% of total revenue, compared to $57.0 million, or 53.0% of total revenue, for the same period in 2004. | 29 | 10K |
2251 | 1,108 | o The Company has paid $177.2 million, $65.2 million, and $1.7 million for the years ended December 31, 2003, 2002 and 2001 for income taxes. | 25 | 10K |
NatwestGroupPLC-AR_2015 | 1,495 | To provide fixed pay that reflects the skills and experience required for the role. This will be delivered in shares which must be retained for the long term. | 28 | annual_report |
LloydsBankingGroupPLC-AR_2001 | 1,405 | Net increase in loans and advances (9,340) (6,350) Net increase in investments other than investment securities (5,664) (355) Net increase in other assets (327) (124) Net increase (decrease) in deposits by banks 7,689 (2,794) Net increase in customer accounts 7,525 7,469 Net increase in debt securities in issue 6,557 4,738 Net increase in other liabilities 109 185 Net increase in items in course of collection/transmission (17) (126) Other non-cash movements 1 176 aaaaaffffffffffffffffffffffffff aaaaaffffffffffffffffffffffffff | 74 | annual_report |
4032 | 1,857 | We determine the fair value of our derivative instruments using internally-generated models. We utilize market observable inputs, such as credit spreads on similar products, whenever they are available. When one of our transactions develops characteristics that are inconsistent with the characteristics of transactions that underlie the relevant market-based index that we use in our credit spread valuation approach, and we can develop cash flow projections that we believe would represent the view of a typical market participant, we believe it is necessary to change to a discounted cash flow model from a credit spread valuation model. This change in approach is generally prompted when the credit component, and not market factors, becomes the dominant driver of the estimated fair value for a particular transaction. When the particular circumstances of a specific transaction, rather than systemic market risk or other market factors, becomes the dominant driver of fair value, the credit spread valuation approach will generally result in a fair value that is different than the discounted cash flow valuation and, we believe, less representative of a typical market participant’s view. Therefore, in these instances, we believe the discounted cash flow valuation approach, and not the credit spread valuation approach, provides a fair value that better represents a typical market participant’s view, as it results in a reasonable estimation of the credit component of fair value at a point in time where the index is no longer representative of the fair value of the particular transaction. There is a high degree of uncertainty about our fair value estimates since our contracts are not traded or exchanged, which makes external validation and corroboration of our estimates difficult, particularly given the current market environment, where very few, if any, contracts are being | 289 | 10K |
StandardLifeAberdeenPLC-AR_2008 | 269 | Like many of our competitors, the profitability of our banking business was affected by the significant level of dislocation in financial markets. Underlying profit within our banking business reduced by 19% to £26m (2007: £32m). The underlying result excludes unrealised fair value losses on derivatives of £94m (2007: loss £39m) in respect of non-qualifying economic hedges. | 56 | annual_report |
gb_lloyds_banking_grp-AR_2018 | 1,837 | A deferred tax asset can be recognised only to the extent that it is more likely than not to be recoverable. The recoverability of the deferred tax asset in respect of carry forward losses requires consideration of the future levels of the Group’s taxable profit and the legal entities in which the profit will arise. | 55 | annual_report |
4960 | 260 | Net loss after adjustments of non-cash activities for 2014 increased by $610,901, or 355%, as compared to 2013. The changes in operating assets and liabilities for 2014 increased $324,042, or 123%, as compared to 2013. As a result, net cash provided by operating activities for 2014 decreased by $286,859, or approximately 66%, as compared to last year. | 57 | 10K |
NatixisSA-AR_2018 | 3,948 | o/w the standardized approach 1,619 1,368 130 o/w the standardized approach 5,185 5,491 415 | 14 | annual_report |
4465 | 890 | In 2011, our commercial lines new business premiums written by our agencies grew 6 percent, reversing the new business decline of 3 percent for 2010. For new business, our field associates are frequently in our agents’ offices helping to judge the quality of each account, emphasizing the Cincinnati value proposition, calling on sales prospects with those agents, carefully evaluating risk exposure and providing their best quotes. Some of our new business comes from accounts that are not new to the agent. We believe these seasoned accounts tend to be priced more accurately than business that may be less familiar to our agent in cases where it was recently obtained from a competing agent. As we appoint new agencies who choose to move accounts to us, we report these accounts as new business to us. | 134 | 10K |
251 | 271 | Pacific Indemnity, Continental Casualty and Fibreboard have entered into a trilateral agreement, subject to final appellate court approval, to settle all present and future asbestos-related bodily injury claims resulting from insurance policies that were, or may have been, issued to Fibreboard by the two insurers. The trilateral agreement will be triggered if the global settlement agreement is disapproved by an appellate court. Pacific Indemnity's obligation under the trilateral agreement is therefore similar to, and not duplicative of, that under those agreements described above. | 83 | 10K |
CNPAssurancesSA-AR_2013 | 243 | “our leadership position in term creditor insurance in france and our advances in full on-line underwriting encourage us to expand in europe.” | 22 | annual_report |
HannoverRueckSE-AR_2012 | 279 | Key figures for non-life reinsurance in EUR million 2012 + / – previous year | 14 | annual_report |
StandardLifeAberdeenPLC-AR_2017 | 3,302 | (d) Insurance and participating investment contract liabilities 2017 2016 £m £m | 11 | annual_report |
SwissReAG-AR_2014 | 3,044 | Debt securities issued by the US government and government agencies 136 136 Debt securities issued by non-US governments and government agencies 1 028 1 028 | 25 | annual_report |
3700 | 2,347 | The following tables present details of the Company’s intangible assets as of December 31, 2007: | 15 | 10K |
LloydsBankingGroupPLC-AR_2020 | 5,891 | Balance sheet amount at 31 December 2019 380 — 521 — 2,907 3,808 | 13 | annual_report |
5286 | 1,700 | Aflac Japan must report its results of operations and financial position to the Japanese Financial Services Agency (FSA) on a Japanese regulatory accounting basis as prescribed by the FSA. Capital and surplus of the Japan branch, based on Japanese regulatory accounting practices, was $5.6 billion at December 31, 2016, compared with $4.7 billion at December 31, 2015. Japanese regulatory accounting practices differ in many respects from U.S. GAAP. Under Japanese regulatory accounting practices, policy acquisition costs are expensed immediately; policy benefit and claim reserving methods and assumptions are different; premium income is recognized on a cash basis; different consolidation criteria apply to VIEs; reinsurance is recognized on a different basis; and investments can have a separate accounting classification and treatment referred to as policy reserve matching bonds (PRM). | 128 | 10K |
AegonNV-AR_2019 | 5,188 | December 31, 2019, and December 31, 2018, is presented in the table below. Those issuers with impairments or recoveries above | 20 | annual_report |
3878 | 4,204 | Domestically, guaranteed investment contracts (GICs) have market value withdrawal provisions for any funds withdrawn other than benefit responsive payments. Interest rates credited generally range from 1.2 percent to 9.0 percent. The vast majority of these GICs mature within three years. | 40 | 10K |
5100 | 762 | Amount represents future payments relating to the Ambac Assurance postretirement benefit plan for current retirees over the next 10 years. | 20 | 10K |
3648 | 4,452 | The following table presents the amounts related to the operations of MetLife Australia’s annuities and pension businesses: | 17 | 10K |
4730 | 928 | The following table shows the Company's Eurozone exposure at December 31, 2013 to all debt securities issued by foreign governments, financial companies, sovereign corporations (including sovereign banks) whose securities are backed by the respective country's government and all other | 39 | 10K |
3977 | 3,836 | Profitability in the Insurance Company’s individual annuities, individual life insurance and group accident and health depends largely on the size of its inforce book of business, the adequacy of product pricing and underwriting discipline, and the efficiency of its claim and expense management. | 43 | 10K |
3674 | 3,106 | In addition, in the normal course of its activities, the Company will invest in structured investments including VIEs. These structured investments typically invest in fixed income investments and are managed by third parties and include Asset-backed securities, Commercial mortgage-backed securities and Residential mortgage-backed securities. The Company’s maximum exposure to loss on these structured investments, both VIEs and non-VIEs, is limited to the amount of its investment. The Company has not provided material financial or other support that was not contractually required to these structures. The Company has determined that it is not the primary beneficiary of these structures due to its relative size and position in the capital structure of these entities. | 112 | 10K |
SwissReAG-AR_2003 | 1,329 | Shares As of 31 December 2003, Swiss Reinsurance Company’s share capital, including shares reserved for corporate purposes, amounted to CHF 32 205 787. It is fully paid-in and divided into 322 057 870 registered shares (each with a nominal value of CHF 0.10), of which 310 379 068 are entitled to dividend. Other than shares reserved for corporate purposes, there are no additional types of shares with a higher or a limited voting power, privileged dividend entitlement or any other preferential rights; nor are there any other securities representing a part of the company’s share capital. Swiss Re’s capital structure ensures equal treatment of all shareholders in accordance with the principle “one share, one vote”. | 115 | annual_report |
BaloiseHoldingLtd-AR_2014 | 1,442 | 4.7 Employee benefits In calculating its defined benefit obligations towards its employees, the Baloise Group makes assumptions about the expected return on plan assets, the economic benefits embodied in assets, future increases in salaries and pension benefits, the discount rate applicable and other parameters. The most important assumptions are derived from past experience of making estimates. The assumptions factored into these calculations are discussed in section 18.2.7. | 67 | annual_report |
INGGroepNV-AR_2010 | 1,716 | Increase in loan loss provisions 1,751 2,973 41 67 1,792 3,040 | 11 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2015 | 2,282 | has always pursued the policy of appointing competent, creative, experienced and educated people to the | 15 | annual_report |
408 | 371 | Regulator concerns about the consistency and comparability of SAP have prompted the NAIC to undertake a codification project that will replace prescribed or permitted SAP as the regulatory basis of accounting for insurance companies. Conversion to new statutory accounting standards is expected to be effective sometime after 1998. | 48 | 10K |
INGGroepNV-AR_2020 | 6,995 | may also be faced with additional open market risk for which hedging or mitigation strategies may not be available or effective (either by hedges eliminated by defaulting counterparties, or reduce market liquidity). Systemic risk could have a material adverse effect on our ability to raise new funding and on our business, results and financial condition. In addition, such distress or failure could impact future product sales as a potential result of reduced confidence in the financial services industry. | 78 | annual_report |
4282 | 1,584 | The Company has two active share-based compensation plans: the 2002 Stock Incentive Plan (“2002 Plan”) and the 1999 Employee Share Purchase Plan (“ESPP”). The 2002 Plan authorizes the Board of Directors to grant incentive or non-statutory stock options and stock awards to eligible employees and certain related parties. The maximum number of shares of common stock that may be issued under the 2002 Plan is 4.8 million. As of December 31, 2010, 3.2 million shares or options for shares have been issued under the 2002 Plan. The Company’s ESPP allows eligible employees to purchase StanCorp common stock at a discount. Of the 2.0 million shares authorized for this plan, 0.3 million shares remain available at December 31, 2010. | 118 | 10K |
fr_axa-AR_2000 | 746 | The table below presents gross premiums and insurance reserves by major product for the periods and as at the dates indicated. | 21 | annual_report |
2908 | 499 | PV outstanding is the sum of cumulative years’ reported PV premiums originated and PV NIM originated, less what has been earned or adjusted due to changes in estimates as described above. Installment payment contracts, whether in the form of premiums or NIM, are generally non-cancelable by the Company and represent a claim to future cash flows. Therefore, management includes these amounts in its estimate of ABV. | 66 | 10K |
5682 | 712 | Cash flows used in operating activities increased during 2019, compared to prior year, primarily attributable to the current year payment of the $10,000,000 prepaid management fee to Diversus. Cash flows from investing activities decreased in 2019, compared to 2018, mainly due to additional purchases of fixed maturity securities. The increase in cash flows from financing activities reflects the initial public offering stock issuance of $33,574,401 in March 2019. | 68 | 10K |
PowszechnyZakladUbezpieczenSA-AR_2015 | 27 | As a result of the poor situation on financial markets, the investment result dropped by over 34% year–on–year, which means nearly PLN 1 billion. At the same time, the profitability in insurance business decreased. This tendency requires a strong reaction from us. | 42 | annual_report |
gb_prudential-AR_2008 | 4,315 | Realised impairment losses: Actual losses on fixed income securities (466) (78) Less: Risk margin charge included in operating profit 54 48 | 21 | annual_report |
TrygAS-AR_2009 | 1,230 | In 2009, the stock options entitled the holders to acquire shares at the average price of TrygVesta shares | 18 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2005 | 1,972 | Carrying amount at 31.12. previous year 461 708 74 1,243 1,372 | 11 | annual_report |
1684 | 351 | The fundamentals underlying risk results in the group disability line continued to exhibit overall improvement in 2001, as demonstrated by the lower benefit ratio. Claim recovery rates in 2001 continued to be above historical levels but the increase in the claim recovery rates has slowed, as expected, as the Company has now fully implemented the improvements to its claim processes. Both submitted and paid claim incidence for long-term disability increased over recent years, with a portion of the increase attributable to industries impacted by the weaker economy. However, in comparing 2001 results with 2000, there was no significant increase in the types of claims normally associated with a weaker economy. | 110 | 10K |
4808 | 2,884 | The fair value of embedded policy derivatives contained in certain variable annuity and equity-indexed annuity and life contracts is measured based on actuarial and capital market assumptions related to projected cash flows over the expected lives of the contracts. These cash flow estimates primarily include benefits and related fees assessed, when applicable, and incorporate expectations about policyholder behavior. Estimates of future policyholder behavior are subjective and based primarily on our historical experience. | 72 | 10K |
SwissReAG-AR_2001 | 247 | In addition Underwriters Re – now included for a full year (eight months in 2000) – added 2% to the growth. Non-proportional business recorded the greatest improvement; proportional business was still subdued because of continued primary rate inadequacy. The most dramatic price increases in 2001 were in the natural catastrophe segment, where first estimates indicate that rates increased by 25% on a global average. The French market in particular recorded price increases of up to 100% following the storms Lothar and Martin at the end of 1999. In the man-made area, too, Swiss Re’s underwriters were successful in obtaining substantial rate increases in many markets. | 105 | annual_report |
PosteItalianeSpA-AR_2020 | 2,790 | z Ente Bilaterale per la Formazione e Riqualificazione Professionale (The Bilateral Agency for Personnel Training and Retraining), through which the Parties jointly promote activities in the field of training and retraining, with regard to the provisions of the Consolidated Law on Occupational Health and Safety, and also with reference to any processes of reorganisation/restructuring /transformation of the Company, or the introduction of technological innovations. | 64 | annual_report |
3413 | 838 | The following table summarizes the period of time that equity securities sold at a loss during 2006 had been in a continuous unrealized loss position: | 25 | 10K |
4390 | 666 | The following table sets forth the amortized cost and fair value of available-for-sale fixed maturities by contractual maturity at December 31, 2011: | 22 | 10K |
5598 | 1,988 | (1)Both realized gains (losses) and mark-to-market unrealized gains (losses) are generally reported in net realized capital gains (losses) within the consolidated statements of operations. Realized and unrealized gains (losses) on certain securities with an investment objective to realize economic value through mark-to-market changes are reported in net investment income within the consolidated statements of operations. | 55 | 10K |
4959 | 1,836 | We hold fixed maturity, equity and trading securities, derivatives, embedded derivatives, securities held as collateral and certain other financial instruments, which are carried at fair value. Fair value is the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. As of December 31, 2014, approximately 9% of our investment holdings recorded at fair value was based on significant inputs that were not market observable and were classified as Level 3 measurements. See note 17 to our consolidated financial statements under “Item 8 - Financial Statements and Supplementary Data” for additional information related to fair value. | 106 | 10K |
4051 | 2,148 | At December 31, 2009, all outstanding CDS transactions for regulatory capital purposes and the majority of the arbitrage portfolio (comprising $25.1 billion or 84 percent of the net notional amount for the arbitrage portfolio at December 31, 2009 compared to $56.7 billion or 90 percent of the net notional amount for the arbitrage portfolio at December 31, 2008) have cash-settled structures in respect of a basket of reference obligations, where AIGFP's payment obligations may be triggered by payment shortfalls, bankruptcy and certain other events such as write-downs of the value of underlying assets (see Cash Settlement below). For the remainder of the CDS transactions in respect of the arbitrage portfolio (comprising $4.9 billion or 16 percent of the net notional amount for the arbitrage portfolio at December 31, 2009 compared to $6.4 billion or 10 percent of the net notional amount for the arbitrage portfolio at December 31, 2008), AIGFP's payment obligations are triggered by the occurrence of a credit event under a single reference security, and performance is limited to a single payment by AIGFP in return for physical delivery by the counterparty of the reference security (see Physical Settlement below). | 192 | 10K |
5081 | 1,449 | Our insurance subsidiaries base their estimates of liabilities for losses and loss expenses on assumptions as to future loss trends and expected claims severity, judicial theories of liability and other factors. However, during the loss adjustment period, our insurance subsidiaries may learn additional facts regarding certain claims, and, consequently, it often becomes necessary for our insurance subsidiaries to refine and adjust their estimates of liability. We reflect any adjustments to our insurance subsidiaries’ liabilities for losses and loss expenses in our operating results in the period in which our insurance subsidiaries record the changes in estimates. | 96 | 10K |
4722 | 2,043 | Financial strength ratings represent the opinions of rating agencies on our capacity to meet our obligations. Some of our reinsurance treaties contain special funding and termination clauses that are triggered in the event that we or one of our subsidiaries is downgraded by one of the major rating agencies to levels specified in the treaties, or our capital is significantly reduced. If such an event were to happen, we would be required, in certain instances, to post collateral in the form of letters of credit and/or trust accounts against existing outstanding losses, if any, related to the treaty. In a limited number of instances, the subject treaties could be cancelled retroactively or commuted by the cedant and might affect our ability to write business. Our principal operating subsidiaries are rated “A-” (Excellent) with a stable outlook by A.M. Best Company, which rating is the fourth highest of sixteen rating levels, and "BBB+" (Good) with a negative outlook by S&P, which is the eighth highest of twenty-two rating levels. Our Senior Note Offerings are all rated "BBB-" by S&P, and the Preference Shares are both rated "BB" by S&P. | 188 | 10K |
RaiffeisenBankInternationalAG-AR_2014 | 1 | Group management report Market development 34 Performance and fi nancials 38 Statement of fi nancial position 46 Research and development 49 Internal control and risk management system 50 Capital, share, voting and control rights 52 Funding 54 Risk management 55 Human resources 56 Outlook 57 Events after the reporting date 59 | 51 | annual_report |
de_allianz-AR_2012 | 2,069 | Business risk Possible losses resulting from unexpected changes in business assump tions and unanticipated earnings fluctuations due to a decline in income without corresponding decrease in expenses, as well as changes in policyholder behavior related to early termination of contracts and unanticipated use of options such as renewals and annuitization. | 50 | annual_report |
4258 | 3,934 | Fixed maturity OTTIs recorded in 2010 were primarily concentrated in structured securities. These impairments were driven primarily by significant rating downgrades and increased collateral default rates. In our judgment, these credit events or other adverse conditions of the issuers have caused, or will most likely lead to, a deficiency in the contractual cash flows related to the investment. Therefore, based upon these credit events, we have determined that OTTIs exist. Total impairments recognized through earnings related to such credit-related circumstances were $10,799 thousand in 2010 and $24,007 thousand in 2009. | 90 | 10K |
4407 | 1,397 | The OBH Senior Notes and the SIG Senior Notes were issued under indentures that contain restrictive covenants which, among other things, limit the ability of the Company, OBH, SIG and their respective subsidiaries to create liens and enter into sale and leaseback transactions and limits the ability of the Company, OBH, SIG and their respective subsidiaries to consolidate, merge or transfer their properties and assets. The indentures do not contain any financial ratios or specified levels of net worth or liquidity to which the Company, OBH or SIG must adhere. At December 31, 2011, White Mountains was in compliance with all of the covenants under the OBH Senior Notes and the SIG Senior Notes, and anticipates it will continue to remain in compliance with these covenants for the foreseeable future. | 130 | 10K |
4845 | 734 | The next largest contractual obligation relates to long-term debt outstanding. On October 2, 2013, we completed a public debt offering of $150.0 million in senior notes maturing September 15, 2023, (a 10-year maturity) and paying interest semi-annually at the rate of 4.875 percent. The notes were issued at a discount resulting in proceeds, net of discount | 56 | 10K |
AvivaPLC-AR_2020 | 756 | We expect regulatory scrutiny (including PRA’s CP19/30 – Outsourcing and Third Party Risk Management) of outsourcing arrangements to remain high following financial difficulties faced by some providers. | 27 | annual_report |
5069 | 633 | Mortgage business revenues for the year ended December 31, 2015 were $44.9 million compared with $10.7 million for the year ended December 31, 2014, an increase of $34.2 million or 320%. The revenue improvement was driven primarily by a combination of the inclusion of Reliance’s originations, which resulted in both higher funding volume and improved margins given Reliance’s focus on FHA/VA and agency production, which are higher margin products compared to jumbo mortgages and improved volume at Luxury. Revenues earned by the mortgage business are comprised of gain on sale on mortgages originated and sold to investors, gains and losses on the mortgage pipeline of interest rate lock commitments and mortgage loans held for sale and the associated hedges, net interest income on mortgages held for sale, and fees associated with the mortgage origination business. Loan fees are primarily comprised loan application fees, appraisal fees, document preparation fees, broker fees earned and loan underwriting fees. | 155 | 10K |
3500 | 1,637 | (1)Asset-backed securities consist of floating rate assets, which are valued using readily available quoted market prices or at amortized cost if there is no readily available valuation. | 27 | 10K |
2372 | 2,042 | The statutory formula for determining a company’s deductible for each year is based on the company’s direct commercial earned premium for the prior calendar year multiplied by a specified percentage. The specified percentage is 15% for 2005. | 37 | 10K |
4873 | 1,373 | In our opinion, Endurance Specialty Holdings Ltd. maintained, in all material respects, effective internal control over financial reporting as of December 31, 2014, based on the COSO criteria. | 28 | 10K |
3227 | 752 | Total revenues for 2006 increased $68.7 million or 84.5% to $149.9 million as compared to $81.3 million in 2005. This increase was due primarily to inclusion of the revenue of Financial Pacific for the entire year of 2006 compared to inclusion of revenue of Financial Pacific for only the fourth quarter in 2005. Financial Pacific contributed $84.9 million and $15.9 million in revenue for the year ending December 31, 2006 and fourth quarter ending December 31, 2005, respectively. Net premiums earned totaled $137.7 million in 2006 as compared to $74.8 million in 2005, representing a 84.2% or $62.9 million increase. This increase was due to the Financial Pacific acquisition which contributed $77.3 million and $13.9 million in net premiums earned for the year ending December 31, 2006 and fourth quarter ending December 31, 2005, respectively. Realized investment gains amounted to $151,000 in 2006 as compared to $1.3 million in 2005. The gains in 2005 were the result of sales of mostly equity securities to fund the Financial Pacific acquisition. Net realized gains in 2006 and 2005 also include the mark-to-market fair value adjustment on the interest rate swaps related to the floating-rate trust preferred securities. The mark-to-market on the swaps resulted in a realized (loss)/gain of $(94,000) and $122,000 in 2006 and 2005, respectively. | 214 | 10K |
4907 | 1,210 | In May 2013, the Company and an equity method investee came to an agreement to exchange the Company’s investment for shares of the Company’s common stock held by the investee. In addition, the Company obtained an exclusivity agreement which was recorded as an intangible asset. Per the terms of the contract, any intellectual property developed as a part of this relationship is the property of the Company. A loss of $0.1 million was recognized on this transaction in 2013. | 79 | 10K |
NatixisSA-AR_2009 | 913 | Expansion in Asia is one of the bank’s strategic priorities for the coming years. There are plans to increase the number of Asian offi ces and to reinforce market activities in order to foster cross selling. | 36 | annual_report |
de_allianz-AR_2008 | 1,626 | Some of the securities issued qualify as eligible capital for existing regulatory solvency requirements to the extent they constitute subordinated debt or are perpetual in nature. | 26 | annual_report |
4661 | 742 | We are a participant in CAR, the FAIR Plan and other various residual markets and assume a portion of losses and LAE on business ceded by the industry participants to the residual markets. We estimate reserves for assumed losses and LAE that have not yet been reported to us by the residual markets. Our estimations are based upon the same factors we use for our own reserves, plus additional factors due to the nature of and the information we receive. The portion of reserves based upon CAR estimates for private passenger automobile line of business has declined substantially over time as a result of the institution of the MAIP and phase-out of the private passenger automobile CAR reinsurance pool on April 1, 2009, as described elsewhere in this report. | 129 | 10K |
4364 | 681 | Fee income increased by $30 million, or 8%, to $417 million for the year ended December 31, 2011 when compared to 2010. The increase is primarily related to higher variable fee income as a result of higher average account balances due to the performance of the U.S. equities market. The equities market performance is evidenced by the average S&P 500 index which increased by 11% in 2011 as compared to 2010. | 71 | 10K |
AegonNV-AR_2016 | 1,332 | The offering focuses mainly on household protection products, distributed through the banking network of partner | 15 | annual_report |
HiscoxLtd-AR_2017 | 717 | 2. Additional metrics for the Performance Share Plan (PSP) In relation to the long-term PSP award, some shareholders requested alternative financial metrics be considered in addition to ROE, to avoid an overlap with the annual bonus scheme. Recognising that growth in net asset value is a key strategic goal, and is clearly linked to the delivery of long-term shareholder returns, we have replaced ROE with growth in net asset value plus dividends measured on a per share basis as the performance target for 2018 PSP awards. This approach provides a simple measure of growth which complements the ROE measure used for the short-term incentive and adds further diversity to the overall performance assessment. We have also reduced the vesting level for achievement of threshold performance from 25% of award to 20% of the maximum award. | 135 | annual_report |
StorebrandASA-AR_2020 | 871 | The main impact of Covid-19 on Storebrand was the increased risk of lower employment and a subsequent rise in disability in the society. Reserves for insurance products with disability coverage were therefore strengthened in the first quarter, and these were still assessed to be adequate by the end of the year. | 51 | annual_report |
5809 | 1,359 | Our RMBS holdings were comprised of 67% Agency securities that were all designated NAIC 1 and 33% of non-agency securities, of which 93% were designated NAIC 1, at December 31, 2020. As result of current economic conditions, including increased unemployment levels as result of the COVID-19 Pandemic, the unrealized gain on our non-agency RMBS holdings initially decreased but, as a result of credit spread tightening in the fourth quarter of 2020, these securities increased in value from an unrealized gain of $699 million at December 31, 2019 to an unrealized gain of $706 million at December 31, 2020. Our non-agency RMBS portfolio is defensively positioned with most of the portfolio concentrated in senior tranches with strong structural protections including credit enhancement in the form of capital structure subordination that is available to absorb losses before they impact the securities we own. | 141 | 10K |
5517 | 1,773 | We establish the reserves for traditional life insurance policies based on expected expenses, mortality, morbidity, withdrawal rates, timing of claim presentation and investment yields, including a provision for uncertainty. Once these assumptions are established, they generally are maintained throughout the lives of the contracts. We use both our own experience and industry experience, adjusted for historical trends, in arriving at our assumptions for expected mortality, morbidity and withdrawal rates as well as for expected expenses. We base our assumptions for expected investment income on our own experience adjusted for current and future economic conditions. | 94 | 10K |
LloydsBankingGroupPLC-AR_2019 | 2,843 | The purpose of the Committee is to set the remuneration for all Executive Directors and the Chairman, including pension rights and any compensation payments. It recommends and monitors the level and structure of remuneration for senior management and material risk takers. It also considers, agrees and recommends to the Board an overall remuneration policy and philosophy for the Group that is aligned with its long-term business strategy, its business objectives, its risk appetite, purpose and values and the long-term interests of the Group, and recognises the interests of relevant stakeholders, including the wider workforce. The Committee's operation is designed to ensure that no conflicts of interest arise, and in particular, the Committee ensures that no individual is present when matters relating to their own remuneration are discussed. | 127 | annual_report |
4182 | 834 | We were incorporated in 1981 and initially provided credit life and disability insurance for financial institutions, primarily small community banks in Georgia, and their customers under our Life of the South brand. From 1994 to 2003, through a series of strategic acquisitions and organic growth, we expanded our payment protection client or producer base to include consumer finance companies, retailers, automobile dealers, credit card issuers, credit unions and regional and community banks throughout the United States. During this period, we expanded our product and service offerings to include credit property, debt cancellation and warranty products. In 2008, we changed our name from Life of the South Corporation to Fortegra Financial Corporation. | 111 | 10K |
5021 | 1,349 | Pension benefits. The Company's pension plans were underfunded by $1.1 billion in 2014 and $0.6 billion in 2013 and had related accumulated benefit obligations of $5.3 billion as of December 31, 2014 and $4.7 billion as of December 31, 2013. | 40 | 10K |
gb_prudential-AR_2015 | 5,498 | post-tax EEV basis new business result and the closing value of in-force business. The changes in the risk discount rates for individual Asia territories reflect the movements in government bond yields, together with the effects of movements in the allowance for market risk and changes in product mix. | 48 | annual_report |
AvivaPLC-AR_2009 | 3,979 | Total Aviva fund managers 358,962 347,710 335,215 379,411 359,429 * Third-party fund under management has been adjusted as a result of a double count of £6,782 million in 2008. | 29 | annual_report |
fr_axa-AR_2016 | 618 | The first priority is a continued and immediate focus on sustainable earnings growth over the plan based on selective growth, cost effi ciencies, technical margin improvement and an active management of capital and cash. These initiatives will position AXA to grow earnings and increase dividends, even in a context of continued low interest rates. | 54 | annual_report |
RSAInsuranceGroupPLC-AR_2008 | 773 | Andy Haste George Culmer Chief Executive Officer Chief Financial Officer 25 February 2009 25 February 2009 | 16 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2005 | 1,916 | For determining the provision for outstanding claims, the Munich Re Group uses a range of actuarial projection methods. These include the chain ladder method and the Bornhuetter-Ferguson method. In applying the statistical methods, large exposures are regarded separately. The standard actuarial methods we use are applied both to the run-off triangles for the payments and to the run-off triangles for the reported claims, so that we obtain a range of estimates for the ultimate loss. Within this range, a realistic estimated value for the ultimate loss is determined for the balance sheet date. By deducting the payments already made, we arrive at the provision for outstanding claims recognised in balance sheet. | 111 | annual_report |
1918 | 648 | The “Six-Year Summary of Selected Financial Data” included on page 57 of The St. Paul’s 2002 Annual Report to Shareholders is incorporated herein by reference. | 25 | 10K |
5667 | 1,623 | The following sections provide an overview of our consolidated and segment results of operations for the year ended December 31, 2019 as compared to 2018. See the Segment Operating Results sections that follow for additional information regarding each segment's operating results. For a discussion of the changes in the financial condition, results of operations and cash flows for the year ended December 31, 2018 as compared to the year ended December 31, 2017, please refer to Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations" section of ProAssurance's December 31, 2018 report on Form 10-K. | 99 | 10K |
HiscoxLtd-AR_2020 | 88 | Set up small and focused working groups to cover very specific operational elements, including return to office working groups and future ways of working teams. | 25 | annual_report |
HannoverRueckSE-AR_2017 | 244 | The jobless rate in 2017 fell to 5.7% (6.1%) and continues to trend lower. The number of persons employed domestically rose by more than 550,000. The inflation rate for Germany measured by the consumer price index stood at 1.7% in December 2017 (0.5%). | 43 | annual_report |
4531 | 1,360 | Fixed maturity securities represented 57.3% and 40.6% of our total investments at December 31, 2012 and 2011, respectively. At December 31, 2012, fixed maturity securities consisted of the following: | 29 | 10K |
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