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5662 | 2,619 | the ability to collect reinsurance recoverable, credit developments of reinsurers, and any delays with respect thereto and changes in the cost, quality, or availability of reinsurance; | 26 | 10K |
INGGroepNV-AR_2008 | 91 | (Depositary receipts for) ordinary shares of EUR 0.24 nominal value 2,063.1 2,226.4 | 12 | annual_report |
4419 | 2,560 | Level 3 is comprised of financial instruments whose fair value is estimated based on industry-standard pricing methodologies and internally developed models utilizing significant inputs not based on, nor corroborated by, readily available market information. In limited instances, this category may also utilize non-binding broker quotes. This category primarily consists of certain less liquid fixed maturity, equity and trading securities and certain derivative instruments or embedded derivatives where we cannot corroborate the significant valuation inputs with market observable data. | 78 | 10K |
5183 | 602 | MEC’s EBIT in 2015 increased $16 million (5%) compared to 2014, reflecting an increase in gross margins ($97 million), partially offset by increases in depreciation expense from new wind generation and other plant-in-service ($56 million), interest expense ($17 million), and lower allowances for equity funds used during construction ($19 million). The increase in gross margins derived primarily from the regulated electric business, which benefitted from the aforementioned changes in Iowa rates and rate structure and lower fuel and purchased power costs. | 81 | 10K |
4699 | 1,511 | Adjusted shareholders’ equity and adjusted book value per share exclude appropriated retained earnings and net unrealized gains related to fixed maturity securities. Management believes that investors find a measurement of shareholders’ equity excluding these items to be meaningful as (i) the unrealized gain on fixed maturities fluctuates with changes in interest rates in a way that is primarily only meaningful to AFG if it sells those investments and (ii) appropriated retained earnings represents amounts that will ultimately inure to the benefit of the debt holders of the collateralized loan obligations managed by AFG. | 93 | 10K |
3222 | 895 | The amortized cost and estimated fair values of investments in fixed maturity securities, segregated by available-for-sale and held-to-maturity, at December 31, 2006 are summarized by maturity as follows (in thousands): | 30 | 10K |
5043 | 583 | Self-funded medical membership increased 866, or 3.8%, primarily due to increases in our Local Group self-funded accounts as a result of new sales and conversions of fully-insured contracts to self-funded administrative services only, or ASO, contracts, and growth in our National Accounts and BlueCard® membership. | 45 | 10K |
HelvetiaHoldingAG-AR_2008 | 1,282 | Equity instruments 20 28 Debt instruments 55 53 Real estate 21 18 13. Employee benefits 157 | 16 | annual_report |
5587 | 1,458 | Use of estimates and assumptions. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Our principal estimates include unpaid losses and LAE reserves; deferred acquisition costs; reinsurance recoverables, including the provision for uncollectible amounts; recording of impairment losses for other-than-temporary declines in fair value; determining the fair value of investments; determining the fair value of share-based awards for stock compensation; the valuation of intangibles and the determination of goodwill and goodwill impairment; and income taxes. In developing the estimates and assumptions, management uses all available evidence. Because of uncertainties associated with estimating the amounts, timing and likelihood of possible outcomes, actual results could differ from estimates. | 148 | 10K |
2087 | 473 | The weighted average discount rate, expected rate of return on plan assets, and rate of compensation increase was 7.5%, 9.3%, and 4.5% for 2001. | 24 | 10K |
94 | 147 | The information set forth under the caption "Selected Financial Data" in the Annual Report to Shareholders of Argonaut Group for the fiscal year ended December 31, 1994, is incorporated herein by reference. See Exhibit Index. | 35 | 10K |
SwissLifeHoldingAG-AR_2015 | 2,272 | BALANCE AS AT END OF PERIOD 4 9 12 11 16 20 | 12 | annual_report |
fr_axa-AR_2011 | 7,309 | The change in reserves related to changes in fair value of available for sale fi nancial instruments included in shareholders’ equity relating to changes in fair value of assets as of December 31, 2011 and December 31, 2010 broke down as follows: (in Euro million ) | 46 | annual_report |
5331 | 1,742 | In securities lending transactions, the Company receives collateral in excess of the fair value of the securities pledged. For purposes of this table, the Company has excluded the collateral received under securities lending, at fair value and included the securities pledged under securities lending, at fair value. See Note 9, “Investment Information-Securities Lending Agreements.” | 54 | 10K |
4244 | 1,160 | We posted $1,052.5 million in fixed maturities, available-for-sale securities at December 31, 2010, to satisfy collateral requirements primarily associated with our derivative credit support annex (collateral) agreements and a reinsurance arrangement. In addition, we posted $1,695.1 million in commercial mortgage loans as of December 31, 2010, to satisfy collateral requirements associated with our obligation under funding agreements with the Federal Home Loan Bank of Des Moines. Since we did not relinquish ownership rights on these securities, they are reported as fixed maturities, available-for-sale and commercial mortgage loans, respectively, on our consolidated statements of financial position. | 95 | 10K |
fr_axa-AR_2011 | 7,810 | (c) In order to improve the consolidated statement of fi nancial position presentation consistency, balances disclosed so far as «Other debt instruments issued and bank overdrafts» of AXA Bank Europe have been reclassifi ed to «Liabilities arising from banking activities» aggregate in 2010 (€323 million) | 45 | annual_report |
AdmiralGroupPLC-AR_2012 | 824 | Non-Executive Chairman: £218,000 Non-Executive Director base fee: £50,000 Senior independent Director: £5,000 | 12 | annual_report |
4642 | 316 | For the year ended December 31, 2012, we recorded loss and loss adjustment expenses of $711,124, derived by multiplying a loss ratio of 57.9% and the net premiums earned under the Reinsurance Agreement of $1,231,436, partially offset by favorable development on PDIC. For the year ended December 31, 2011, we recorded loss and loss adjustment recoveries of $153,028 as a result of the recognition of the additional recoveries awarded to the Company following the Arbitration in the amount of $315,299, net of loss and loss adjustment expenses of $162,271, derived by multiplying a loss ratio of 77.6% and the net premiums earned under the Reinsurance Agreement of $423,364, offset by favorable development on CAMICO and PDIC. The reduction in the loss ratio associated with the Reinsurance Agreement resulted from favorable development in the 2010 and 2011 policy years. | 138 | 10K |
3811 | 1,137 | During 2008, we purchased $78.1 million principal amount of our contingent convertible senior notes at a discount and recognized a gain of $13.7 million related to the retirement of these notes. The cash required to retire these notes totaled $61.4 million. We also repurchased 3,545,744 shares of our common stock as part of our share repurchase program during 2008. We suspended the repurchase of our common stock under this program in August 2008. The cash used to purchase our common stock during 2008 was $30.7 million. The sources of cash to fund the debt retirements and the common stock repurchases primarily came from draws on our $150 million revolving line of credit and sales of investments including sales to American Equity Life. | 122 | 10K |
SwissReAG-AR_2008 | 938 | annually reviews and recommends for approval to the Board of Directors the Group Risk ̤ Policy, including Swiss Re’s risk tolerance targets regarding capital adequacy, risk concentration, and earnings volatility; regularly monitors the usage of limits set out in the Group Risk Policy and decides on ̤ actions to be taken following breaches; discusses with the Chief Risk Officer the top risk issues for the Group and corresponding ̤ risk mitigation actions; reviews the most important risk exposures in all major risk categories – insurance ̤ (including reserve risk), financial market, credit, funding and liquidity, and operational – highlighting significant risk concentrations; | 102 | annual_report |
ch_zurich_insurance_group-AR_2016 | 1,360 | Value of target share allocations from transition arrangements 5 0.0 1.2 Other payments and share allocations 6 4.2 n / a 1 The remuneration for Mario Greco is disclosed on a pro rata basis reflecting his start date in the position as Group CEO with Zurich on March 7, 2016. Martin Senn stepped down on December 1, 2015 as CEO, however the table shows twelve months of remuneration for Martin Senn in 2015. | 73 | annual_report |
438 | 204 | At December 31, 1995, the net assets of the discontinued auto auction business consisted of $1.8 million in property and equipment and $84,000 in inventories. | 25 | 10K |
5410 | 1,277 | On March 7, 2017, Trinity Acquisition plc (see Note 23 for further information) entered into a $1.25 billion amended and restated revolving credit facility (the ‘RCF’), that will mature on March 7, 2022. The RCF replaced the previous $800 million revolving credit facility (see below for further information). Amounts outstanding under the RCF shall bear interest at LIBOR plus a margin of 1.00% to 1.75%, or alternatively, the base rate plus a margin of 0.00% to 0.75%, based upon the Company’s guaranteed senior unsecured long-term debt rating. | 87 | 10K |
de_allianz-AR_2011 | 1,971 | ◼ p r i n C i p l e S o F C o n S o l i d a t i o n | 26 | annual_report |
2125 | 910 | Harbour Village is being developed in three phases with projected completion in 2005. At December 31, 2003, we had outstanding borrowings of $17.4 million, down from an initial $37 million development and construction loan facility. The estimated completion cost for the remainder of Harbour Village is approximately $14.2 million. Management believes that the bank credit facility, together with anticipated cash flows from marketing and sales operations, will meet the liquidity needs for the construction and development of Harbour Village. There can be no assurance, however, that the amounts available from our sources of liquidity, exclusive of the bank credit facility for the project, will be sufficient or available to meet our future capital needs for the project. See Exhibit 99 for further information regarding Harbour Village. | 126 | 10K |
4613 | 1,531 | The overall economic environment in the U.S. has improved over the last few years and indicators such as lower delinquency rates and more stable housing prices point toward improvement in the housing market. However, unemployment rates remain too high for a robust general economic recovery to have taken hold and concerns over the fiscal cliff may have hampered the recovery towards the end of 2012. The low interest rate environment has also negatively affected new business opportunities. The Company's business and its financial condition will continue to be subject to the risk of global financial and economic conditions that could materially and negatively affect the demand for its products, the amount of losses incurred on transactions it guarantees, future profitability, financial position, investment portfolio, cash flow, statutory capital, financial strength ratings and stock price. | 134 | 10K |
NatixisSA-AR_2017 | 10,411 | Art. R.225-105-1-II 1°(g) g) Promotion and respect of the International Labor Organization’s fundamental conventions: On protecting freedom of association and the right to collective a bargaining | 26 | annual_report |
4117 | 795 | million in proceeds from issuance of common stock pursuant to the Employee Stock Purchase Plan. In addition, we received an income tax payable benefit of $9.1 million from the exercise of stock options and restricted stock vesting. The acquisition of our remaining 20% non-controlling ownership interest resulted in a cash payment of $30.3 million, of which $1.3 million was attributable to the non-controlling interest. | 64 | 10K |
4671 | 2,010 | We believe that ultimate claims and claim expense ratios 25.0 percentage points above or below our estimated assumptions constitute reasonably likely outcomes based on our experience to date and our future expectations. In addition, we believe that the adjustments that we made to speed up or slow down our estimated loss reporting patterns are reasonably likely changes. While we believe these are reasonably likely changes, we do not believe the reader should consider the above sensitivity analysis an actuarial reserve range. In addition, we caution the reader that the above sensitivity analysis only reflects reasonably likely changes. It is possible that our initial estimated claims and claim expense ratios and loss reporting patterns could be significantly different from the sensitivity analysis described above. For example, we could be liable for events which we have not estimated reserves for or for exposures we do not currently think are covered under our contracts. These changes could result in significantly larger changes to our reserves for claims and claim expenses, net income and shareholders' equity than those noted above. We also caution the reader that the above sensitivity analysis is not used by management in developing our reserve estimates and is also not used by management in managing the business. | 207 | 10K |
4086 | 1,385 | Our underwritten title companies are also subject to certain regulation by insurance regulatory or banking authorities, primarily relating to minimum net worth. Minimum net worth requirements for each underwritten title company are as follows: $7.5 million for Fidelity National Title Company, $2.5 million for Fidelity National Title Company of California, $3.0 million for Chicago Title Company, and $0.4 million for Ticor Title Company of California, Commonwealth Land Title Company, and Lawyers Title Company. These underwritten title companies are in compliance with all of their respective minimum net worth requirements at December 31, 2009. | 93 | 10K |
SwissReAG-AR_2015 | 2,099 | 2 Disclosure reflects all awards for a reporting year, ie the 2014 value reflects the fair value of the Lpp award granted in april 2014 and the 2015 value reflects the fair value of the Lpp award granted in april 2015. | 41 | annual_report |
gb_prudential-AR_2007 | 879 | Foreign exchange risk Prudential currently operates in the UK, the US, 13 countries in Asia and Europe. Due to the geographical diversity of Prudential’s businesses, it is subject to the risk of exchange rate fluctuations. Prudential’s international operations in the US and Asia, which represent a significant proportion of operating profit and shareholders’ funds, generally write policies and invest in assets denominated in local currency. Although this practice limits the effect of exchange rate fluctuations on local operating results, it can lead to significant fluctuations in Prudential’s consolidated financial statements upon translation of results into pounds sterling. The currency exposure relating to the translation of reported earnings is not separately managed. Consequently, this could impact on the Group’s gearing ratios (defined as debt over debt plus shareholders’ funds). The impact of gains or losses on currency translations is recorded as a component within the statement of changes in equity. | 149 | annual_report |
fr_axa-AR_2016 | 10,580 | Underlying net technical result is the sum of the following components: ■ earned premiums, gross of reinsurance; ■ claims charges, gross of reinsurance; ■ change in claims reserves, including claims handling cost reserves, gross of reinsurance, excluding the recurring interests credited to insurance annuity reserves; ■ claims handling costs; and | 50 | annual_report |
PhoenixGroupHoldingsPLC-AR_2013 | 1,212 | Target range between MCEV growth in excess of the risk-free rate by 3% per annum and MCEV growth in excess of the risk-free rate by 6% per annum | 28 | annual_report |
4921 | 1,971 | At times, we have utilized VIEs both indirectly and directly in the ordinary course of our business as a means of accessing contingent capital. We have utilized unconsolidated entities in the formation of contingent capital facilities. See Item 8, Note 18, “Variable Interest Entities,” to the Consolidated Financial Statements included herein, for further discussion. | 54 | 10K |
2379 | 943 | The development recorded in 2002 consisted primarily of CNA Re unfavorable net prior year development. | 15 | 10K |
fr_axa-AR_2007 | 4,085 | Fixed maturities at fair value through profit and loss (a) 18,389 56,028 21,073 45,803 | 14 | annual_report |
gb_prudential-AR_2009 | 1,799 | • The financial condition and prospects of the issuer or other observable conditions that indicate the investment may be impaired. If a loss event that will have a detrimental effect on cash flows is identified an impairment loss in the income statement is recognised. The loss recognised is determined as the difference between the book cost and the fair value of the relevant impaired securities. This loss comprises the effect of the expected loss of contractual cashflows and any additional market-price-driven temporary reductions in values. | 85 | annual_report |
ch_zurich_insurance_group-AR_2010 | 3,509 | c) Contingent share capital Capital market instruments and option rights to shareholders The share capital of Zurich Financial Services Ltd may be increased by an amount not exceeding CHF 1,000,000 by the issuance of up to 10,000,000 fully paid registered shares with a nominal value of CHF 0.10 each (i) by exercising of conversion and/or option rights which are granted in connection with the issuance of bonds or similar debt instruments by Zurich Financial Services Ltd or one of its Group companies in national or international capital markets; and/or (ii) by exercising option rights which are granted to current shareholders. When issuing bonds or similar debt instruments connected with conversion and/or option rights, the pre-emptive rights of the shareholders will be excluded. The current owners of conversion and/or option rights shall be entitled to subscribe for the new shares. The conversion and/or option conditions are to be determined by the Board. | 151 | annual_report |
3576 | 990 | An impairment loss is recognized to the extent that the carrying amount exceeds the asset’s fair value. This determination is made at the reporting unit level and consists of two steps. First, the Company determines the fair value of the reporting unit and compares it to its carrying amount. Second, if the carrying amount of the reporting unit exceeds its fair value, an impairment loss is recognized for any excess of the carrying amount of the unit’s goodwill over the implied fair value of that goodwill. The implied fair value of goodwill is determined by allocating the fair value of the reporting units in a manner similar to a purchase price allocation, in accordance with SFAS No. 141, “Business Combinations.” The residual fair value after this allocation is the implied fair value of the reporting unit’s goodwill. The Company has four reporting units in Alabama, Florida, Tennessee and Texas. The Company conducted an annual impairment test as of December 31, 2007 and concluded that the carrying value of the reporting units did not exceed their fair value. | 177 | 10K |
AegonNV-AR_2011 | 2,378 | Representatives from Ernst & Young, AEGON’s external auditor, attended the discussions on the company’s annual results. | 16 | annual_report |
Sampoplc-AR_2008 | 1,737 | Net carrying amount at 31 December 4 1 5 4 1 5 | 12 | annual_report |
gb_prudential-AR_2019 | 5,331 | Asia insurance operations 291 238 Asia asset management operations 106 81 | 11 | annual_report |
AegonNV-AR_2013 | 1,656 | Group Risk further identifies good risk management practices, facilitates implementation thereof, and helps to ensure that there is consistency in the application of these practices across the company. In addition, Group Risk prepares risk management information, including information about current risk exposures and issues, and further sensitivity and scenario analyses, either at its own initiative or at the request of management. | 61 | annual_report |
5218 | 1,527 | We have prepared the consolidated financial statements of Cincinnati Financial Corporation and our subsidiaries for the year ended December 31, 2016, in accordance with accounting principles generally accepted in the United States of America (GAAP). | 35 | 10K |
3549 | 1,380 | Underwriting results are generally the difference between the portion of premium and fee income intended to cover mortality, morbidity or other insurance costs, less claims incurred, and the change in insurance-related liabilities. Underwriting results are significantly influenced by mortality, morbidity or other insurance-related experience trends, as well as the reinsurance activity related to certain blocks of business. Consequently, results can fluctuate from period to period. Underwriting results, excluding catastrophes, in the Auto & Home segment were less favorable for the year ended December 31, 2007, as the combined ratio, excluding catastrophes, increased to 86.3% from 82.8% for the year ended December 31, 2006. Underwriting results were favorable in the non-medical health & other, group life and retirement & savings businesses in the Institutional segment. Underwriting results were unfavorable in the life products in the Individual segment. | 136 | 10K |
nl_ing_grp-AR_2019 | 541 | “We need to use our industry knowledge and expertise to empower investors to make smart financial decisions” | 17 | annual_report |
ch_zurich_insurance_group-AR_2006 | 1,610 | Losses and loss adjustment expenses, net of reinsurance 19,860 20,963 88 109 | 12 | annual_report |
de_allianz-AR_2006 | 1,046 | We are subject to competition from both bank and non-bank institutions that provide financial services and, in some of our activities, also from government agencies. Substantial competition exists among a large number of commercial banks, savings banks, other public sector banks, brokers and dealers, investment banking firms, insurance companies, investment advisors, mutual funds and hedge funds that provide the types of banking products and services that our banking operations offer. | 70 | annual_report |
StandardLifeAberdeenPLC-AR_2011 | 689 | The majority of 2011 sales were into high margin products including UK wholesale and the GARS asset class. We continue to diversify our sources of revenue both geographically and by asset class. Geographically, we received net flows from Europe, US and Canada in 2011. The diversity of our asset class offering is evidenced by net flows in GARS, fixed income, real estate and overseas equities. EBIT has grown strongly with a compound annual growth rate over the last five years of 14%. | 82 | annual_report |
NNGroupNV-AR_2018 | 184 | How did the integration process progress in 2018? It has been nearly two years since the acquisition of the Delta Lloyd businesses. Throughout 2018, our teams worked hard on migrating systems, increasing efficiency, and introducing new products and services. The rebranding of Delta Lloyd’s products and services to Nationale-Nederlanden is now virtually complete. Naturally, an integration process of this scale is impactful and also brings challenges along the way. For example, integrating and decommissioning certain IT systems at times proved to be more complex than anticipated, and organisational changes often come with levels of uncertainty. | 95 | annual_report |
2202 | 879 | Retail brokerage and investment banking revenues were $426.8 million for the year ended December 31, 2003 compared to $397.1 million for the comparable prior year, reflecting an upturn in the markets during 2003. Advest’s revenues were $369.6 million for the year ended December 31, 2003, compared to $348.3 million for the comparable prior year. The increase in revenues was driven primarily by higher retail, principal bond and syndicate underwriting commissions, partially offset by a decrease in interest revenue earned on margin accounts and stock borrowed. Revenues from Advest’s private client group were $228.4 million for the year ended December 31, 2003 compared to $206.9 million for the comparable prior year. Advest’s private client group includes the retail sale of equities, asset management products, fixed income products and annuities to individual investors through Advest financial advisors. | 135 | 10K |
fr_axa-AR_2012 | 7,848 | AXA SA has implemented a formal internal review and sign-off process pursuant to which all Executive Committee members, | 18 | annual_report |
3737 | 1,490 | On April 29, 2008, we borrowed $525.0 under a three-year senior term loan agreement, the proceeds of which may be used for general corporate purposes. The interest rate on this term loan is based on either (i) the LIBOR rate plus a predetermined percentage rate based on our credit rating, or (ii) the base rate as defined in the term loan agreement, which was 3.122% at December 31, 2008. | 69 | 10K |
de_allianz-AR_2002 | 1,155 | What do we do to help our employees enlarge their professional horizon? We provide international training programs, expatriation programs as well as study groups and workshops on the transfer of know-how in which multi-nationality is a basic principle. Our corporate university, the Allianz Management Institute, operates exclusively on an international scale. | 51 | annual_report |
nl_ing_grp-AR_2012 | 3,866 | Past-due obligations ING Bank continually measures its portfolio in terms of payment arrears. Particularly the retail portfolios are closely monitored on a monthly basis to determine if there are any significant changes in the level of arrears. Generally, an obligation is considered ‘past-due’ if a payment of interest or principal is more than one day late. In practice, the first 5-7 days after an obligation becomes past due are considered to be operational in nature for retail loans and small businesses portfolios. After this period, letters are sent to the obligor reminding the obligor of its (past due) payment obligations. If the arrear still exists after 90 days, the obligation is transferred to one of the ‘problem loan’ units. In order to reduce the number of arrears, ING banking units encourage their obligors to set up automatic debits from their (current) accounts to ensure timely payments. | 146 | annual_report |
4479 | 1,095 | During the twelve month period ended December 31, 2011, in an effort to secure additional operating capital and to pay down accounts payable and notes payable, the Company received $213,754 represented by stock purchase agreements from stockholders of the Company. An offering of 3,750,000 shares was issued in December 2010 by the board of directors at a price of $.04 per share. The board of directors authorized an additional offering of 2,500,000 shares on August 18, 2011 at a price of $.04 per share for working capital. In addition, in an effort to secure additional capital to cover operations at our Georgetown 14 Theater, we borrowed $172,626, represented by promissory note agreements from some of our major stockholders. In November 2011 we discharged a $25,000 note by issuance of 833,334 restricted shares at $.03 per share. The Notes were issued pursuant to an exemption from registration under Regulation S of the Securities Act of 1933, as amended. | 157 | 10K |
5272 | 662 | We conduct business in more than 120 countries, and, because of this, foreign currency exchange rate fluctuations have a significant impact on our business. Foreign currency exchange rate movements may be significant and may distort true period-to-period comparisons of changes in revenue or pretax income. Therefore, to give financial statement users meaningful information about our operations, we have provided an illustration of the impact of foreign currency exchange rate fluctuations on our financial results. The methodology used to calculate this impact isolates the impact of the change in currencies between periods by translating the last year’s revenue, expenses, and net income using the current year’s foreign currency exchange rates. | 109 | 10K |
3835 | 1,386 | The Company leases office space and furniture and equipment under non-cancelable operating lease agreements, which expire at various dates. Future minimum office space annual rentals under non-cancelable operating leases at December 31, 2008 are as follows: | 36 | 10K |
4032 | 1,848 | Residential mortgage-backed securities (“RMBS”)-The fair value of RMBS is estimated based on prices of comparable securities and spreads, and observable prepayment speeds. These securities are generally categorized in Level II of the fair value hierarchy or in Level III when market-based transaction activity is unavailable. | 45 | 10K |
4501 | 797 | We believe that our cash flow from operations and our availability under our revolving credit facility, combined with our low capital expenditure requirements will provide us with sufficient capital to continue to grow our business over the next several | 39 | 10K |
AegonNV-AR_2013 | 3,557 | Investment contracts for account of policyholders 2) 24,770 3,420 - - 31 28,221 | 13 | annual_report |
4784 | 794 | The Company’s net exposure to loss due to credit risk if the option counterparties failed to completely perform according to the terms of the one-year contracts is as follows at December 31, 2013 and 2012. | 35 | 10K |
5594 | 2,181 | The Framework accommodates periodic volatility within ranges that we deem acceptable, while also providing for additional potential sources of capital, including on-balance sheet capital capacity and contingent sources of capital. We believe we currently have access to sufficient resources to maintain adequate capitalization under a range of potential stress scenarios. | 50 | 10K |
nl_ing_grp-AR_2018 | 5,150 | In Netherlands, EUR 973 million of the non-performing loan portfolio consisted of loans to private individuals, of which EUR 834 million were residential mortgages. In Belgium, almost half of the non-performing portfolio consisted of loans to private individuals of which EUR 883 million was residential mortgages. Similarly, in Germany, more than half of the non-performing portfolio consisted of residential mortgages. | 60 | annual_report |
5415 | 15,406 | 2018 is $2.87 billion, less dividends paid during the preceding twelve months measured at that point in time. The payment of a dividend in excess of this amount requires 30 days advance written notice to the IL DOI. The dividend is deemed approved, unless the IL DOI disapproves it within the 30 day notice period. Additionally, any dividend must be paid out of unassigned surplus excluding unrealized appreciation from investments, which for AIC totaled $11.04 billion as of December 31, 2017, and cannot result in capital and surplus being less than the minimum amount required by law. | 97 | 10K |
4240 | 854 | POLICY ACQUISITION COSTS AND OPERATING EXPENSES We did not defer any policy acquisition costs during 2009 other than premium taxes on installment policies written in prior years. The Company’s insurance expenses for the years ended December 31, 2009 and 2008 are presented in the following table: | 46 | 10K |
AvivaPLC-AR_2016 | 3,419 | Claims and benefits paid, net of recoveries from reinsurers (16,809) (5,176) — — (21,985) Change in insurance liabilities, net of reinsurance 6,205 476 — — 6,681 Change in investment contract provisions (1,487) — — — (1,487) Change in unallocated divisible surplus 984 — — — 984 Fee and commission expense (1,098) (2,118) (23) (85) (3,324) Other expenses (1,663) (368) (367) (386) (2,784) Inter-segment expenses (190) (11) — — (201) Finance costs (202) (5) — (411) (618) | 76 | annual_report |
5692 | 1,556 | On June 28, 2019, the Centers for Medicare and Medicaid Services announced the final risk adjustment transfers for the 2018 benefit year. As a result of the announcement, the Company reduced its risk adjustment net payables by $238 million from December 31, 2018. After consideration of minimum MLR, Risk Adjustment Data Validation audit results, and other related impacts, the net pre-tax benefit recognized was approximately $131 million recorded in the second quarter of 2019. | 74 | 10K |
4045 | 1,288 | Depreciation and amortization expense for the years ended December 31, 2009, 2008 and 2007 was $0.5 million, $0.6 million and $0.5 million, respectively, of which $0.2 million, $0.3 million and $0.1 million, respectively, was attributable to amortization of capitalized computer software. Unamortized computer software was $0.1 million and $0.3 million at December 31, 2009 and 2008, respectively. | 57 | 10K |
ScorSE-AR_2013 | 522 | 2157/2001, dated 8 October 2001 on the Statute for a European Company (the “SE Regulation”), and that of the | 19 | annual_report |
4042 | 1,360 | Effective December 31, 2009, the Company adopted Actuarial Guideline 43 - Variable Annuity Commissioners Annuity Reserve Valuation Method (“AG43”) for its statutory basis of accounting. The adoption of AG43 resulted in higher reserves than those calculated under previous standards by $151.2. Where the application of AG43 produces higher reserves than the Company had otherwise established under previous standards, the Company may request permission from the Division to grade-in the impact of higher reserve over a three year period. The Company elected this grade-in provision, as allowed under AG43 and as approved by the Division, which allows the Company to reflect the impact of adoption of $151.2 over a three year period. The impact of the grade-in for the year ended December 31, 2009 was a $79.2 increase in reserves and a corresponding decrease in statutory surplus. | 136 | 10K |
1245 | 185 | Management is required to utilize historical experience and assumptions about future events and circumstances in order to develop estimates of material reported amounts and disclosures. Included among the material (or potentially material) reported amounts and disclosures that require extensive use of estimates and assumptions are: (1) estimates of fair values of investments in securities and other financial instruments, as well as fair values of policyholder liabilities, (2) policyholder liabilities, (3) deferred policy acquisition costs and value of purchased insurance in force, (4) fair values of assets and liabilities recorded as a result of merger and acquisition transactions, (5) asset valuation allowances, (6) guaranty fund assessment accruals, (7) deferred tax benefits (liabilities), and (8) estimates for commitments and contingencies including legal matters, if a liability is anticipated and can be reasonably estimated. Estimates and assumptions regarding all of the preceding items are inherently subject to change and are reassessed periodically. Changes in estimates and assumptions could materially impact the financial statements. | 160 | 10K |
5124 | 2,488 | In April 2015, the FASB issued updated guidance intended to clarify the accounting treatment for cloud computing arrangements that include software licenses. Under the updated guidance, if a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. | 117 | 10K |
Sampoplc-AR_2006 | 182 | Responsible auditor Tomi Englund, APA The total fees paid to the auditor for services rendered and invoiced were EUR 2,530,867. In addition, Ernst & Young Oy were paid fees for non-audit services rendered and invoiced totalling EUR 938,129. | 38 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2012 | 1,945 | Interest-rate risks in life insurance are hedged using swaptions and total return swaps. These derivatives providing the right to receive a fixed interest rate are shown in the category “interest-rate risks/over-the-counter”. At the reporting date, the fair values of the above-mentioned derivatives totalled €427m (537m), and the underlying notional amounts €2,841m (5,090m). The investment result from derivatives includes a loss of €125m (355m) from fluctuations in value of these items. | 70 | annual_report |
4544 | 1,141 | The Company measures its sales or new business production with two components: new premiums recorded and new deposits received. Premiums and deposits are also identified by general product type. New premiums and new deposits are considered to be first year and single receipts. Premiums and deposits are subdivided into two categories: new and renewal. New premiums and deposits are measures of sales or new business production. Renewal premiums and deposits occur as continuing business from existing customers. | 77 | 10K |
fr_axa-AR_2016 | 3,379 | (i) In 2016, the decrease by 154 in AB was mainly driven by restructuring measures across the organization and attrition. | 20 | annual_report |
AvivaPLC-AR_2002 | 402 | At the end of 2002, the group’s total external borrowings amounted to £3.2 billion (2001: £3.8 billion) including subordinated debt. A significant proportion of these borrowings are on a fixed rate basis with maturity terms between two and 34 years, with the balance being represented by commercial paper and floating rate bank borrowings. | 53 | annual_report |
5256 | 829 | Amortization of unearned revenue related to net investment gains (losses) and net derivative gains (losses) and certain variable annuity GMIB fees (“GMIB Fees”); | 23 | 10K |
2685 | 1,387 | Expenses. UICI’s total expenses increased to $1.837 billion in 2004 from $1.681 billion in 2003, an increase of $156.0 million, or 9%. The Company’s expenses were particularly impacted by the following factors: | 32 | 10K |
1657 | 2,827 | vote for removal. The trustee of the voting trust will vote all of the | 14 | 10K |
5743 | 707 | The mortgage segment’s insurance in force (“IIF”) and risk in force (“RIF”) were as follows at December 31, 2019 and 2018: | 21 | 10K |
AegonNV-AR_2004 | 369 | Provided the relevant VNB is positive, then the actual level of income before realized gains and losses on shares and real estate will determine the level of the bonus payout. The income before realized gains and losses on shares and real estate target will be calculated based on a rolling, three-year average, increased by 2.5% to reflect inflation. Bonus payout for Messrs. Shepard and | 64 | annual_report |
AvivaPLC-AR_2019 | 1,103 | • Reviewed and approved the revised Group Governance Framework • Discussed and approved changes to the Board committee structure, and the repurposing of the Nomination Committee and the Governance Committee to the Nomination and Governance Committee and the Customer, Conduct and Reputation Committee respectively | 44 | annual_report |
de_allianz-AR_2012 | 3,557 | Hedge of net investment in foreign operations As of 31 December 2012, the Allianz Group hedges part of its U.S. Dollar net investments through the issuance of U.S. Dollar denominated liabilities with a nominal amount of USD 1.0 Bn. | 39 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2016 | 2,994 | Committee should consist of 4 people, while simultaneously establishing the following composition of the Committee: • Radosław Potrzeszcz – Chairman of the Committee;; • Marcin Gargas – Member of the Committee; • Paweł Kaczmarek – Member of the Committee; • Piotr Paszko – Member of the Committee. | 47 | annual_report |
3251 | 994 | ANIC is domiciled in the State of Minnesota, is licensed in 15 states, and assumes the same general liability insurance coverage placed by CoverX from FMIC. | 26 | 10K |
634 | 221 | Revenues from tax service contracts are recognized over the estimated duration of the contracts as the related servicing costs are estimated to occur. | 23 | 10K |
5843 | 594 | We obtained an understanding, evaluated the design and tested the operating effectiveness of controls over the process to estimate the liability balance, including, among others, controls related to the review and approval processes that management has in place for the assumptions used in estimating the secondary guarantee liability. This included testing controls related to management’s evaluation of the need to update assumptions based on the comparison of actual Company experience to previous assumptions | 73 | 10K |
3268 | 3,536 | Net gain on cash-flow hedging derivative, net of tax effect of $0 for 2006, net of tax effect of $289 for 2005; and net of tax effect of $557 for | 30 | 10K |
StorebrandASA-AR_2013 | 1,306 | Through Storebrand Pensjonstall we want to create interest around the topic of pensions, as well as lower the barriers for people to familiarise themselves with their own pension. It is only then you can evaluate and take actions to get the best possible retirement. Your pension figure is defined as the total amount of money that you will live on, on the day you stop working. It consists of your pension from the | 73 | annual_report |
NatwestGroupPLC-AR_2012 | 349 | Unemployment in Ireland averaged more than 14%. At the end of the year house prices were 4.5% lower than 12 months earlier and around 50% below their peak. The rate of decline was slower than at any time since 2008 and there were tentative signs that prices were stabilising. | 49 | annual_report |
GjensidigeForsikringASA-AR_2011 | 1,028 | depreciation Each component of owner-occupied property, plant and equipment are depreciated using the straight-line method over estimated useful life. Land is not depreciated. The estimated useful lives for the current and comparative periods are as follows • owner-occupied property 10-50 years • plant and equipment 3-5 years | 47 | annual_report |
ch_zurich_insurance_group-AR_2011 | 2,480 | Pledged assets The majority of assets pledged to secure the Group’s liabilities relate to debt securities pledged under short-term sale and repurchase agreements. The total amount of pledged financial assets including the securities under short-term sale and repurchase agreements amounted to USD 8,147 million and USD 9,611 million as of December 31, 2011 and 2010, respectively. | 56 | annual_report |
4066 | 1,238 | The Company and its Bermuda-domiciled subsidiaries have received an assurance from the Bermuda Minister of Finance exempting them from all Bermuda-imposed income, withholding and capital gains taxes until March 2016. At the present time, no such taxes are levied in Bermuda. | 41 | 10K |
2134 | 2,781 | excess of three months and less than one year are classified as short-term investments and generally | 16 | 10K |
AegonNV-AR_2019 | 9,312 | Regulatory changes include preventive and corrective supervisory measures that aim to address macro-prudential concerns, referred to in the Holistic Framework for Systemic Risk in the Insurance Sector, as adopted by the IAIS in November 2019. Aegon was designated a Global Systemically Important Insurer (G-SII) by the FSB in 2015. The FSB, in consultation with the IAIS, has decided to suspend G-SII identification as from the beginning of 2020 and in November 2022 will, based on the initial years of implementation of the holistic framework, review the need either to discontinue or re-establish an annual identification of G-SIIs. | 97 | annual_report |
de_allianz-AR_2004 | 1,107 | _ In 2004, Allianz Leben sold approximately 1.3 million insurance policies, representing an increase of 38.6 % as compared to the number of policies sold in 2003. | 27 | annual_report |
INGGroepNV-AR_2005 | 790 | Remuneration The annual remuneration of the chairman and vicechairman of the Supervisory Board amounts to EUR 68,100, including EUR 6,810 expense allowances. Other members receive a remuneration of EUR 38,600, including EUR 2,270 expense allowances. In addition to this remuneration, membership of a Supervisory Board committee entitles to an additional remuneration and expense allowances, except for the chairman and vice-chairman. The table below shows the remuneration and expense allowances per Supervisory Board member for 2005 and previous years. Remuneration and expense allowances of former Supervisory Board members retired before 2005 was EUR 89,000 in 2003. | 95 | annual_report |
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