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NatixisSA-AR_2020 | 2,405 | Pursuant to regulatory requirements, all counterparties in the banking book and the related exposures must have an internal rating if they: carry a loan or are assigned a credit limit;V | 30 | annual_report |
1537 | 280 | WESTBRIDGE CAPITAL CORP. (now ASCENT ASSURANCE, INC.) CONSOLIDATED STATEMENTS OF CASH FLOWS | 12 | 10K |
1915 | 485 | This section presents the Company’s historical financial data which should be read carefully with the financial statements included in this Form 10-K, including the notes to the consolidated financial statements, and Management’s Discussion and Analysis of Financial Condition and Results of Operations. The statement of operations data for each of the years in the three-year period ended December 31, 2002, and the balance sheet data as of December 31, 2002 and 2001 have been derived from audited financial statements included elsewhere in this Form 10-K. The statement of operations data for the year ending December 31, 1999 and 1998 and the balance sheet data as of December 31, 2000, 1999 and 1998 has been derived from the audited financial statements, which are not included in this Form 10-K. Historical results are not necessarily indicative of future results. | 137 | 10K |
ScorSE-AR_2011 | 5,867 | KWh/m2 in Toronto to 266 KWh/m2 in Paris-La Defense). Most of the energy consumed in the Group’s premises surveyed comes from electricity (74%). | 23 | annual_report |
de_allianz-AR_2015 | 2,496 | Claims and insurance benefits paid (32,194) (21,015) 72 (53,137) Change in reserves for loss and loss adjustment expenses (814) (522) – (1,335) | 22 | annual_report |
LloydsBankingGroupPLC-AR_2014 | 4,712 | At 31 December 2014, the assumed discount rate is 3.67 per cent (2013: 4.60 per cent). | 16 | annual_report |
StorebrandASA-AR_2001 | 862 | Income from group and associated companies 7.7 4.5 11.0 -761.6 -283.8 11.0 Income from properties and real estate 942.2 858.9 772.9 943.1 864.0 772.9 | 24 | annual_report |
fr_axa-AR_2009 | 11,471 | 2) Resolve that the Management Board will have full authority, with the option to sub-delegate authority under legal conditions, to implement this resolution, and in particular to: • set the fi nal amount of the capital reduction; • charge the differential between the book value of the cancelled ordinary shares and their nominal amount on any available reserves accounts and premiums; • determine the terms and acknowledge the completion of the capital reduction and to amend the Bylaws accordingly; • and undertake all steps, formalities and disclosures to relevant organizations, and in general, to take all necessary measures. | 98 | annual_report |
763 | 240 | Quarterly financial information (unaudited) for the year ended December 31, 1996 is presented below: | 14 | 10K |
2755 | 4,963 | (d) The amortized cost, estimated fair values and unrealized gains (losses) of held-to-maturity fixed maturity securities at December 31, 2005 and 2004, respectively, were as follows: | 26 | 10K |
DirectLineInsuranceGroupPLC-AR_2019 | 2,725 | Notes: 1. These sensitivities exclude the impact of taxation. 2. The income statement impact on financial investments is limited to floating rate instruments and interest rate derivatives used to hedge a portion of the portfolio. The income statement is not impacted in relation to fixed rate instruments, in particular AFS debt securities, where the coupon return is not impacted by a change in prevailing market rates, as the accounting treatment for AFS debt securities means that only the coupon received is processed through the income statement with fair value movements being recognised through total equity. | 95 | annual_report |
AvivaPLC-AR_2003 | 987 | 15,206 Other assets 457 Tangible assets (Q & 28) 4,284 Cash at bank and in hand 4,741 | 17 | annual_report |
gb_prudential-AR_2016 | 2,075 | Michael McLintock previously participated in a contributory defined benefit scheme that was open at the time he joined the Company. The scheme provided a target pension of two-thirds of final pensionable earnings on retirement for an employee with 30 years or more potential service who remained in service to normal retirement date. Michael is a deferred member of the scheme and his normal retirement date under the scheme is age 60. If Michael claims his deferred pension before this age it will be subject to an actuarial reduction and there are no additional benefits payable should he retire early. At the end of 2016, the transfer value of Michael’s entitlement was £1,505,483. This equates to an annual pension of £59,662 which will increase broadly in line with inflation in the period to Michael’s retirement at the normal retirement date. | 139 | annual_report |
fr_axa-AR_2005 | 3,199 | So far, embedded derivatives in insurance and investment contracts which need to be accounted for at fair value through profit & loss do not seem to be material at Group level. | 31 | annual_report |
5331 | 712 | The reinsurance segment consists of our reinsurance underwriting units which offer specialty product lines on a worldwide basis. Product lines include: | 21 | 10K |
PowszechnyZakladUbezpieczenSA-AR_2011 | 984 | General Meeting or matters which are to be introduced onto the agenda. The Company immediately announces draft resolutions on its website. During the General Meeting, each shareholder of PZU may propose draft resolutions concerning matters introduced onto the agenda. | 39 | annual_report |
5367 | 1,543 | The Company has a high quality, well performing, mortgage loan portfolio, with over 99% of all mortgage loans classified as performing at both December 31, 2017 and 2016. The Company defines delinquency consistent with industry practice, when mortgage loans are past due as follows: commercial and residential mortgage loans - 60 days and agricultural mortgage loans - 90 days. The Company had no commercial or agricultural mortgage loans past due and no commercial or agricultural mortgage loans in nonaccrual status at either December 31, 2017 or 2016. The recorded investment of residential mortgage loans past due and in nonaccrual status was $32 million and $11 million at December 31, 2017 and 2016, respectively. During the years ended December 31, 2017 and 2016, the Company did not have a significant amount of mortgage loans modified in a troubled debt restructuring. | 139 | 10K |
60 | 179 | Commercial premiums increased $191 million to $1.2 billion for the year ended September 30, 1994 from $1 billion in the prior year. Excluding the effects of acquisitions described above, membership growth provided 46 percent of the increase in the commercial HMO program. An additional 21 percent of the increase is attributable to higher premium rates, which rose an average of three percent. Commercial HMO premium rates are expected to remain flat or decrease slightly in the next enrollment period due to increasing competitive pressures in the Company's markets. The remainder of the increase in commercial premiums was derived from commercial specialty managed care products and services and joint venture medical groups. | 111 | 10K |
ScorSE-AR_2016 | 3,687 | The recognition of deferred tax assets on tax loss carryforwards is assessed based on the availability of sufficient future taxable income and local tax rules, e.g. unlimited carry forward in France and 20-year carryforward period in the United States. Under French Tax Law on tax loss carryforwards, the utilization of tax losses is capped at EUR 1 million plus 50% of the remaining current year’s taxable result. | 67 | annual_report |
1432 | 297 | This Form 10-K contains forward-looking statements. Forward-looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments. In particular, statements using verbs such as "expect," "anticipate," "believe" or words of similar import generally involve forward-looking statements. Without limiting the foregoing, forward-looking statements include statements which represent the Company's beliefs concerning future or projected levels of sales of the Company's products, investment spreads or yields, or the earnings or profitability of the Company's activities. Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the Company's control and many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company. Whether or not actual results differ materially from forward-looking statements may depend on numerous foreseeable and unforeseeable events or developments, some of which may be national in scope, such as general economic conditions and interest rates, some of which may be related to the insurance industry generally, such as pricing competition, regulatory developments and industry consolidation, and others of which may relate to the Company specifically, such as credit, volatility and other risks associated with the Company's investment portfolio, and other factors. Readers are also directed to consider other risks and uncertainties discussed in documents filed by the Company and certain of its subsidiaries with the Securities and Exchange Commission. | 268 | 10K |
5520 | 604 | The long-term rate of return may fluctuate over time based on asset mix and if investment returns over a long period of time significantly differ from historical returns. The discount rate changes annually as it is based on current yields for high-quality corporate bonds with a maturity approximating the duration of our pension obligations. As fluctuations in the expected long-term rate of return and discount rate have been historically moderate and we have no current plans to change our investment strategy significantly, we believe a change of up to 100 basis points is reasonably likely. A 100 basis point decrease in the expected return on assets would result in a $1.0 million increase in pension expense and a 100 basis point increase would result in a $1.0 million decrease to pension expense. A 100 basis point decrease in the assumed discount rate would result in a $2.3 million increase in pension expense while a 100 basis point increase would result in a $2.1 million decrease to pension expense. The information above is for illustrative purposes only and does not reflect our expectations regarding future changes in the long-term rate of return or discount rates. | 194 | 10K |
4102 | 683 | Under the terms of our sale to eHealth, we transferred to eHealth broker of record status and the right to receive commissions on certain of the in-force individual and family major medical health insurance policies and ancillary dental, life and vision insurance policies issued by Aetna, Inc., Golden Rule, Humana, PacifiCare, Inc., Assurant and United Healthcare Insurance Co. on which we were designated as broker of record. Certain policies and products were excluded from the transaction, including our agency business generated through our ISG agents, all short term medical products and all business produced through carriers other than those noted above. In addition, we also transferred to eHealth certain lead information relating to health insurance prospects. | 116 | 10K |
5225 | 502 | term interest rates (the term structure of interest rates) will remain constant over time. As a result, these calculations may not fully capture the effect of non-parallel changes in the term structure of interest rates and/or large changes in interest rates. | 41 | 10K |
ASRNederlandNV-AR_2011 | 737 | For income producing properties in active markets generating market evidence – fair value methods using comparables or income approach should result in similar valuations and could both be utilised in determining fair value. | 33 | annual_report |
551 | 150 | Except for historical information contained herein, the discussion in this Annual Report on Form 10-K includes certain forward-looking statements based upon management expectations. Factors which could cause future results to differ from these expectations include the following: financial markets (e.g. interest rates and securities markets), state and federal legislative and regulatory initiatives, acts of God (e.g. hurricanes, earthquakes and storms), other insurance risks and competition. | 65 | 10K |
4281 | 1,865 | Since the weighted-average shares for the quarters are calculated independently of the weighted-average shares for the year, quarterly earnings per share may not total to annual earnings per share. | 29 | 10K |
5777 | 817 | The Company analyzes the operating performance of each segment using "adjusted operating income." See “-- Non-GAAP Financial Measures -- Adjusted Operating Income” below for definition of "adjusted operating income" (formerly known as non-GAAP operating income) and Item 8, Financial Statements and Supplementary Data, Note 4, Segment Information. Results for each segment include specifically identifiable expenses as well as allocations of expenses among legal entities based on time studies and other cost allocation methodologies based on headcount or other metrics. Total adjusted operating income includes the effect of consolidating both FG VIEs and investment vehicles; however the effect of consolidating such entities, including the related eliminations, is included in the "other" column in the tables below, which represents the CODM's view, consistent with the management approach guidance for presentation of segment metrics. | 131 | 10K |
AssicurazioniGeneraliSpA-AR_2015 | 2,068 | However, Assicurazioni Generali is part of a reinsurance contract with a vehicle which provides coverage with respect to the potential losses affecting Generali Group from catastrophes arising from Europe windstorms over a three year period. Generali | 36 | annual_report |
fr_axa-AR_2010 | 292 | (u) Holding company that owns directly AXA Sun Life Direct Limited, Sun Life Corporation plc, AXA Portfolio Services Limited, Winterthur UK Financial Services Group Limited, Guardian Royal Exchange plc, AXA Insurance plc, Bluefi n Advisory Services Limited and AXA PPP healthcare Limited. | 42 | annual_report |
3157 | 982 | A summary of option activity in the stock incentive plans during 2006 is as follows: | 15 | 10K |
gb_prudential-AR_2002 | 617 | Mark Tucker Mark Tucker’s 1999 and 2000 cash long-term incentive plans had the same performance conditions as described in the section on long-term incentive plans on page 35. The compound growth rate of the Asia operations was 51.1 per cent per annum for the 1999 plan and 54.3 per cent per annum for the 2000 plan which results in a maximum payment in both cases. | 65 | annual_report |
PhoenixGroupHoldingsPLC-AR_2017 | 1,744 | Based on our procedures performed on the ERM and IRS models and Corporate Transactions, we are satisfied that the valuation of these complex and illiquid assets is reasonable. | 28 | annual_report |
AegonNV-AR_2010 | 3,689 | Ineffective portion of hedge transactions to which hedge accounting is applied (1) (41) 50 | 14 | annual_report |
LloydsBankingGroupPLC-AR_2015 | 792 | Retail offers a broad range of financial service products, including current accounts, savings and mortgages, to UK personal customers, including Wealth and small business customers. It is also a distributor of insurance, and a range of long-term savings and investment products. Our aim is to be the best bank for customers in the UK, by building deep and enduring relationships that deliver value to customers, and by providing them with greater choice and flexibility. We will maintain our multi-brand and multi-channel strategy, and continue to simplify the business and provide more transparent products, helping to improve service levels and reduce conduct risks. | 102 | annual_report |
2732 | 705 | Policy acquisition expenses for the year ended December 31, 2005 were $26.9 million, a decrease of $960,000, or 3.4%, as compared to $27.9 million for the prior year. Policy acquisition expenses’ sole component is commission expense in our agency segment. Commission expense is derived from the production of total controlled premium. The decrease in policy acquisition expenses is principally due to our 8.4% decrease in total controlled premium as compared to prior year. Excluding the acquisitions of Fed USA and IPA discussed earlier, total controlled premium decreased 13.4% from prior year. This decrease was partially offset by an increase in the average commission rate to 16.9% from 15.6% in the prior year. This increase results from changes in the geographic distribution of our policies produced as well as increases in commission rates in certain geographic areas in response to existing market conditions. The commission rates we pay independent agents are established based on prevailing market conditions. | 156 | 10K |
4499 | 1,687 | Subprime Residential Mortgage Loans. We hold securities with exposure to subprime residential mortgages, or mortgage loans to borrowers with weak credit profiles. The significant decline in U.S. housing prices and relaxed underwriting standards by some subprime loan originators have led to higher delinquency and loss rates, resulting in a significant reduction in the market valuation of these securities sector wide. | 60 | 10K |
2026 | 1,564 | As a result of the repurchase of the 9.5% Notes and substantially all of the 11.25% Notes, the Company recorded a pre-tax tax loss of $58.1 million ($37.7 million after tax) during 2000. The loss resulted from the premium paid by MONY Life to the holders of the 9.5% Notes and the 11.25% Notes reflecting the excess of their fair value over their carrying value on the Company’s books at the date of the transaction of approximately $7.0 million and $51.1 million, respectively. This loss is reported, net of tax, as an extraordinary item on the Company’s income statement for the year ended December 31, 2000. | 106 | 10K |
fr_axa-AR_2002 | 1,313 | Group in GECINA is 6.18% (of which 4.95% on French insurance and financial services companies). | 15 | annual_report |
4390 | 469 | Our number one capital management goal is to earn an appropriate risk adjusted return for our shareholder while growing book value. In response to the record level of weather-related catastrophes in 2011 that impacted our underwriting results and capital levels, we implemented several actions during the fourth quarter of 2011 to strengthen our capital position and improve our risk profile. These actions are discussed above at “Capital Management Actions.” | 69 | 10K |
3588 | 1,495 | Cash received from stock options exercised under these share-based payment arrangements during 2007 and 2006 was $41.9 million and $37.7 million, respectively. The actual tax benefits realized for the tax deductions for option exercise of the share-based payment arrangements during 2007 and 2006 was $12.0 million and $12.7 million, respectively. | 50 | 10K |
StorebrandASA-AR_2003 | 888 | Shares and participations in group companies 6 8 723.5 8 972.8 7 418.2 | 13 | annual_report |
524 | 121 | The following table summarizes information about stock options outstanding under the company's option plans as of December 31, 1996: Weighted Average Weighted Range of Remaining Average Exercise Options Contractual Exercise Prices Outstanding Life in Years Price $4.84-$5.31 77,483 0.22 $4.99 $7.03-$7.50 161,573 0.84 7.34 $8.75-$9.75 75,000 7.64 9.42 $10.00-$11.25 353,500 7.15 10.12 $12.66-$13.50 884,000 8.96 12.94 __________ __________ __________ 1,551,556 7.20 $11.15 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS-(Continued) | 67 | 10K |
Sampoplc-AR_2018 | 108 | Balance sheet (at end of period) 7.4673 7.4564 7.4525 7.4530 7.4449 | 11 | annual_report |
3152 | 2,353 | The Company defers sales inducements and amortizes them over the anticipated life of the policy using the same methodology and assumptions used to amortize deferred policy acquisition costs. These deferred sales inducements are included in “Other assets.” The Company offers various types of sales inducements. These inducements include: (1) a bonus whereby the policyholder’s initial account balance is increased by an amount equal to a specified percentage of the customer’s initial deposit, (2) additional interest credits after a certain number of years a contract is held and (3) enhanced interest crediting rates that are higher than the normal general account interest rate credited in certain product lines. Changes in deferred sales inducements are as follows: | 115 | 10K |
PosteItalianeSpA-AR_2018 | 1,706 | Poste Italiane systematically promotes activity programmes nationwide relating to social inclusion issues that have a positive impact and bring benefits to the community through its extensive network of post offices and through the engagement of corporate volunteers and/or the financing of specific EU projects via donations and sponsorships. As part of its initiatives to support the community, the Company pays particular attention to the most vulnerable categories of people who experience hardship due to their physical, mental, family, economic, ethnic and social conditions. | 83 | annual_report |
4471 | 3,176 | Non-option-based - Valuations are based on present value techniques, which utilize significant inputs that may include the swap yield curve, LIBOR basis curves, currency spot rates and cross currency basis curves. | 31 | 10K |
3589 | 1,516 | Northwind Holdings’ ability to meet its obligations to pay principal, interest, and other amounts due on the Northwind notes will be dependent principally on its receipt of dividends from Northwind Re. The ability of Northwind Re to pay such dividends will depend on its satisfaction of applicable regulatory requirements and the performance of the reinsured policies. | 56 | 10K |
3540 | 1,000 | In June 2006, the FASB issued FIN 48, which clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements in accordance with SFAS 109, Accounting for Income Taxes. Specifically, the pronouncement prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The interpretation also provides guidance on the related derecognition, classification, interest and penalties, accounting for interim periods, disclosure and transition of uncertain tax positions. The interpretation is effective for fiscal years beginning after December 15, 2006. The Company adopted FIN 48 on January 1, 2007 and although its adoption did not have a direct impact on the Company’s results of operations or financial position, adoption of FIN 48 by one of the Company’s equity method investees resulted in the Company recording a cumulative adjustment of $681, net of tax, to opening retained earnings. | 157 | 10K |
AvivaPLC-AR_2016 | 2,335 | Based on the work performed, we consider the assumptions for expense risk to be appropriate. | 15 | annual_report |
PosteItalianeSpA-AR_2016 | 1,939 | Impairments of disposal groups held for sale – – (37) (37) | 11 | annual_report |
553 | 716 | Cash paid for interest for 1996, 1995 and 1994 was $79,900,000, $73,200,000, and $47,900,000, respectively. | 15 | 10K |
5411 | 394 | The primary sources of the Company's liquidity are (1) funds generated from insurance operations, including net investment income, (2) proceeds from the sale of investments and (3) proceeds from maturing investments. | 31 | 10K |
5308 | 901 | Accounting Standards Update No. 2016-13. In June 2016, the FASB issued Accounting Standards Update No. 2016-13 (“ASU 2016-13”), Financial Instruments - Credit Losses (Topic 326), which requires the measurement of credit losses for financial assets at each reporting date based on reasonable and supportable information. ASU 2016-13 also requires enhanced qualitative and quantitative disclosures on significant estimates and judgments used in estimating credit losses. ASU 2016-13 is effective for the Company beginning with the first quarter of 2020. The Company is currently evaluating the impact of this guidance on the Company’s financial statements. | 93 | 10K |
2824 | 983 | In September 2005, the American Institute of Certified Public Accountants ("AICPA") issued SOP 05-1, Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts ("SOP 05-1"). SOP 05-1 provides guidance on accounting by insurance enterprises for deferred acquisition costs on internal replacements of insurance and investment contracts other than those specifically described in SFAS No. 97, Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and For Realized Gains and Losses from the Sale of Investments. SOP 05-1 defines an internal replacement as a modification in product benefits, features, rights, or coverages that occurs by the exchange of a contract for a new contract, or by amendment, endorsement, or rider to a contract, or by the election of a feature or coverage within a contract. Under SOP 05-1, modifications that result in a substantially unchanged contract will be accounted for as a continuation of the replaced contract. A replacement contract that is substantially changed will be accounted for as an extinguishment of the replaced contract resulting in a release of unamortized deferred acquisition costs, unearned revenue and deferred sales inducements associated with the replaced contract. The guidance in SOP 05-1 will be applied prospectively and is effective for internal replacements occurring in fiscal years beginning | 213 | 10K |
gb_lloyds_banking_grp-AR_2012 | 706 | Liquidity and funding risk liquidity and funding continue to remain a key area of focus for the Group and the industry as a whole. like all major banks, the Group is dependent on confidence in the short and long term wholesale funding markets and deposit markets. should the Group, due to exceptional circumstances, be unable to continue to source sustainable funding, its ability to fund its financial obligations and meet its commitments as they fall due could be impacted. | 79 | annual_report |
2987 | 2,207 | •Claims and claims expense ("loss") ratio-the ratio of claims and claims expense to premiums earned. Loss ratios include the impact of catastrophe losses. | 23 | 10K |
SwissReAG-AR_2019 | 946 | Swiss Re’s Code of Conduct provides key principles that guide Swiss Re in making responsible decisions and achieving results using the highest ethical standards. It is built on the five Swiss Re Corporate Values: Integrity, Team Spirit, Passion to Perform, Agility and Client Centricity. The Corporate Governance Guidelines set out Swiss Re’s harmonised governance principles and standards, ensuring a consistent and tailored corporate governance approach across the Group. The Articles of Association define the legal and organisational framework of SRL as the Group’s holding company. The Bylaws define Swiss Re’s governance framework and include the responsibilities of the Board of Directors and the Group EC and their members. The Board Committee Charters outline the duties and responsibilities of the Board Committees and form part of the Bylaws. The Bylaws and the Board Committee Charters are not publicly available. | 138 | annual_report |
HannoverRueckSE-AR_2002 | 1,063 | a) Wages and salaries aa) Expenditures on insurance business 96 222 83 208 ab) Expenditures on the administration of investments 9 225 6 334 b) Social security contributions and expenditure on provisions and assistance ba) Social security contributions 11 356 10 120 bb) Expenditures for pension provision 12 013 6 418 bc) Expenditures for assistance 2 851 2 589 | 59 | annual_report |
gb_prudential-AR_2003 | 807 | Total statutory basis profit for the financial year after minority interests* 208 468 | 13 | annual_report |
SwissLifeHoldingAG-AR_2013 | 2,554 | (formerly awD Chase de vere limited), london IN 100.0% 100.0% life insurance/reinsurance | 12 | annual_report |
2058 | 424 | declining rates during the first seven years of a contract. Withdrawal payments, which exclude claims and lump-sum annuity benefits, totaled $212.9 million in 2002, compared with $257.3 million in 2001 and $409.2 million in 2000. These payments, when expressed as a percentage of average related reserves, represent 12.1%, 14.2% and 19.1% for 2002, 2001 and 2000, respectively. Withdrawal rates declined in 2002 and 2001 principally due to a lower level of surrenders on certain closed blocks of fixed annuity business due to consumer preference for guaranteed fixed rate investments in light of uncertainty regarding U.S. equity market performance. Withdrawals include variable annuity payments from the separate accounts totaling $61.5 million (13.3% of average variable annuity liabilities), $38.6 million (7.5% of average variable annuity liabilities) and $36.6 million (6.2% of average variable annuity liabilities) in 2002, 2001 and 2000, respectively. The increases in variable annuity withdrawal rates in 2002 and 2001 are due to unfavorable equity market conditions in both years. | 160 | 10K |
AvivaPLC-AR_2005 | 175 | Making a difference In Morley, a programme has been introduced to help non-investment employees to understand better, think proactively about and anticipate industry issues. In our corporate office, staff have a quarterly opportunity to nominate a colleague or a team who have exemplified one or more of the Aviva values. Providing the tools to help employees make a difference and measuring progress is very important. Financial reward schemes now recognise those employees who really make a positive difference to our customers’ experiences. | 82 | annual_report |
INGGroepNV-AR_2019 | 643 | ING include transparency, wider alignment, increased speed and predictability in product delivery and, most importantly, putting the customer first. | 19 | annual_report |
4342 | 1,232 | On February 18, 2011, our Board of Directors authorized the repurchase of up to $150.0 million of our common shares. The 2011 Repurchase Authorization supersedes the November 13, 2007 repurchase authorization which also had authorized the repurchase of up to $150.0 million of our common shares. From January 1, 2011 through February 16, 2012, the last trading day of the Rule 10b5-1 repurchase plan that was initiated on December 14, 2011, we have repurchased 1,792,056 shares of our common stock for a total cost of $54.7 million. Since the inception of the repurchase authorizations through February 16, 2012, we have repurchased 5,155,616 shares of our common stock at an average price of $32.26 for a total cost of $166.3 million. These shares are being held as treasury shares in accordance with the provisions of the Bermuda Companies Act 1981. As of February 16, 2012, availability under the 2011 Repurchase Authorization for future repurchases of our common shares was $110.1 million. | 160 | 10K |
ch_zurich_insurance_group-AR_2008 | 859 | The basis of the presentation below is an economic valuation represented by the fair value for Group investments, IFRS insurance liabilities discounted at market rates to refl ect the present value of insurance liability cash fl ows and other liabilities, for example own debt. Own debt does not include subordinated debt, which we consider available to protect policyholders in a worst-case situation. The payment patterns used to determine the expected cash outfl ow for insurance liabilities are based on an analysis as of September 30, which is considered representative as of December 31. For determining the sensitivities investments and liabilities are fully re-valued in the given scenarios. Each instrument is re-valued separately taking the relevant product features into account. Non-linear effects, where they exist, are fully refl ected in the model. The sensitivities of the analysis are shown before tax. | 140 | annual_report |
fr_axa-AR_2017 | 2,100 | (c) One employee has chosen the 4+0 vesting calendar (aquisition on June 21, 2021 with no restricted period), based on the plan rules as he has moved out of France during the acquisition period. | 34 | annual_report |
5587 | 1,453 | Net operating expense ratio before amortization and impairment (non-GAAP). The net operating expense ratio before amortization and impairment (non-GAAP) is one component of an insurance company’s operational efficiency in administering its business. Expressed as a percentage, this is the ratio of net operating expense before non-cash amortization of intangible assets and non-cash impairment of goodwill to net earned premium. | 59 | 10K |
4481 | 837 | Leading technology and platform: The Company’s technology is robust, scalable, and web-enabled. The Company’s payor offerings efficiently supported over 558 million transactions in 2011. The platform is able to instantly cross-check multiple processes, such as reviewing claim eligibility, adverse drug reaction and properly calculating member, pharmacy and payor payments. The Company’s technology is built on flexible, database-driven rule sets and broad functionality applicable for most any type of business. The Company believes it has one of the most comprehensive claims processing platforms in the market. | 85 | 10K |
NatwestGroupPLC-AR_2008 | 28 | (8) Loss per ordinary share is based on the assumption that the rights issue and capitalisation issue were completed on 1 January 2008. | 23 | annual_report |
5148 | 2,028 | Full Year 2015 Summarized Consolidated Results of Operations and Financial Condition | 11 | 10K |
2123 | 430 | Costs and expenses of $2,170 were incurred in 1999 in connection with a previous attempt to convert to a stock company which was terminated, and were charged against income when the conversion attempt was aborted. | 35 | 10K |
StandardLifeAberdeenPLC-AR_2019 | 2,205 | Recurring risk Recoverability of Group goodwill and of parent’s investment in subsidiaries | 12 | annual_report |
5936 | 919 | value option for consolidated FG VIE financial assets and financial liabilities, except in cases where Ambac was involved in the design of the VIE and was granted control rights at its inception. | 32 | 10K |
5722 | 747 | Average number of fee-generating positions. The average number of fee-generating positions decreased in 2019 from 2018 primarily due to the completed transition of our clients’ managed account investments from Freedom Portfolios, for which we earned transfer agent recordkeeping fees and, in some cases, custodial fees, to the Lifetime Investments Platform, for which we do not earn transfer agent recordkeeping fees or custodial fees. Partially offsetting the impact from the managed account transition was an increase in the number of retail mutual fund positions for which we do earn these fees. With the transition of Freedom Portfolios to the Lifetime Investments Platform completed during 2019, we only earn transfer agent recordkeeping fees and custodial fees on retail mutual fund positions on our transfer agent recordkeeping platform. | 125 | 10K |
gb_lloyds_banking_grp-AR_2001 | 1,396 | Of the net losses of £578 million at 31 December 2001, £342 million of net losses are expected to be recognised in the year ending 31 December 2002 and £236 million of net losses in later years. | 37 | annual_report |
5311 | 289 | During the period from May 1, 2015 through December 8, 2015, the Company maintained office space in New York, New York with the Company’s then majority shareholder at no cost to the Company. | 33 | 10K |
gb_lloyds_banking_grp-AR_2015 | 4,935 | At 31 December 2015, the Group did not provide any guarantees in respect of key management personnel (2014 and 2013: none). | 21 | annual_report |
NatwestGroupPLC-AR_2014 | 4,755 | Credit grades play a key role in the internal reporting and oversight of | 13 | annual_report |
gb_prudential-AR_2005 | 2,747 | Using an iterative modelling process, economic capital is calculated as the amount required at the calculation date such that the cumulative number of projected defaults is less than a predetermined rate reflecting Prudential’s internal target solvency level. Prudential’s internal target solvency level has been set as equivalent to the historic default rate on AA-rated bond (equivalent to a cumulative probability of default of 44 out of 1,000 simulations over 25 years). The economic capital framework thus assesses the capital required to meet Prudential’s obligations with at least this level of confidence taking into account extreme events. Prudential’s economic capital model covers all material risks in each business, including (where relevant) financial risks and insurance and business risks. | 117 | annual_report |
666 | 423 | During the year ended September 30, 1997, 95,679 options were exercised at a price of $9.74. In addition, 136,350 options to purchase Exchangeable Non- Voting Shares were bought by the Company at a price of $24.97 and subsequently cancelled. As at September 30, 1997, the Company and LaSalle Re had outstanding 136,350 options to purchase Common Shares and 1,967,751 options to purchase Exchangeable Non-Voting Shares, respectively. | 66 | 10K |
NatixisSA-AR_2003 | 1,947 | ■ treasury shares: own shares are purchased for four purposes: the regularization of the stock market price by trading against market trends, as part of stock market interventions, to accompany external growth operations and for allotment to Group employees under share purchase option schemes or via corporate savings schemes. Accordingly, the number of treasury shares held as of December 31, 2003 totaled 1,423,843 with a total value of EUR126 million, recorded in Trading account securities. | 75 | annual_report |
LloydsBankingGroupPLC-AR_2017 | 407 | Helping Britain get a home Amount of lending committed to help people buy their first home £10bn £30bn Helping save for the future Growth in assets that we hold on behalf of customers in retirement and investment products2 £8bn £50bn | 40 | annual_report |
fr_axa-AR_2007 | 515 | (7) Source: Hellenic Association of Insurance Companies as of September 2007. (8) Source: Plan for Life as of September 2007. | 20 | annual_report |
PhoenixGroupHoldingsPLC-AR_2020 | 220 | We are seeing strong growth in auto-enrolment pension contributions following its launch in the UK in 2012 as more people start saving for retirement. | 24 | annual_report |
969 | 253 | debt issued to a subsidiary. In addition, the parent company will on occasion enter into capital transactions such as the acquisition of its common stock. | 25 | 10K |
1556 | 2,337 | Problem agricultural mortgages included delinquent mortgage loans of $4.0 million and $1.1 million at December 31, 2000 and 1999, respectively, and there were no mortgage loans in the process of foreclosure at such dates. | 34 | 10K |
gb_prudential-AR_2017 | 362 | 4 Working age population: 15 to 64 years. 5 World Health Organisation – Global Health Observatory data repository (2013). Out‑of‑pocket as a percentage of Total Health Expenditure. Asia calculated as average out‑of‑pocket. | 32 | annual_report |
RaiffeisenBankInternationalAG-AR_2018 | 5,379 | The recognition of financial liabilities is largely in accordance with the rules of IAS 39, with the exception that changes in the fair value of liabilities measured at fair value which are caused by changes in RBI’s own default risk are to be booked in other comprehensive income. | 48 | annual_report |
4768 | 1,465 | For the year ended December 31, 2013, book value per share increased by $2.41 per share, or 21.8%, to $13.48 per share from $11.07 per share as of December 31, 2012. For the year ended December 31, 2013, diluted book value per share increased by $2.23 per share, or 20.5%, to $13.12 per share from $10.89 per share as of December 31, 2012. | 63 | 10K |
764 | 258 | Balance, December 31, 1994 $(1,896,089) Net appreciation 3,547,710 ----------- Balance, December 31, 1995 $ 1,651,621 Net depreciation (1,108,100) ----------- Balance, December 31, 1996 $ 543,521 Net appreciation 591,680 ----------- Balance, December 31, 1997 $ 1,135,201 =========== | 36 | 10K |
2188 | 1,621 | Securities borrowed and securities loaned are treated as financing arrangements and are recorded at the amount of cash advanced or received. With respect to securities loaned, the Company obtains collateral in an amount equal to 102% and 105% of the fair value of the domestic and foreign securities, respectively. The Company monitors the market value of securities borrowed and loaned on a daily basis with additional collateral obtained or provided as necessary. Substantially all of the Company’s securities borrowed transactions are with brokers and dealers, | 85 | 10K |
PhoenixGroupHoldingsPLC-AR_2020 | 4,906 | Expenses and deferred acquisition costs carried forward 20 (90) – 102 10 – 42 | 14 | annual_report |
4939 | 743 | Investment income is an important element of our net income. Because the period of time between our receipt of premiums and the ultimate settlement of claims is often several years or longer, we are able to invest cash from premiums for significant periods of time. As a result, we are able to generate more investment income from our premiums as compared to insurance companies that operate in other lines of business that pay claims more quickly. From December 31, 2009 to December 31, 2014, our investment portfolio, including cash and cash equivalents, increased from $800.5 million to $1.1 billion and produced net investment income of $27.2 million in 2014, $27.0 million in 2013 and $27.0 million in 2012. | 118 | 10K |
5384 | 1,669 | Trinity and Capitol County Mutual Fire Insurance Company (“Capitol”) are parties to a quota share reinsurance agreement whereby Trinity assumes 100% of the business written by Capitol, subject to a cap, for ceded losses for dwelling coverage. Earned Premiums assumed by Trinity from Capitol were $20.7 million, $21.3 million and $21.8 million for the years ended December 31, 2017, 2016 and 2015, respectively. Capitol is a mutual insurance company and, accordingly, is owned by its policyholders. Trinity and Old Reliable Casualty Company (“ORCC”), a subsidiary of Capitol, are parties to a quota share reinsurance agreement whereby Trinity assumes 100% of the business written by ORCC, subject to a cap for ceded losses for dwelling coverage. Earned Premiums assumed by Trinity from ORCC were $5.9 million, $6.2 million and $6.5 million for the years ended December 31, 2017, 2016 and 2015, respectively. | 141 | 10K |
4048 | 713 | In November 2009, we announced we were selected to provide managed care services in Mississippi to Medicaid recipients through the Mississippi Coordinated Access Network (MississippiCan) program. We are working with the State and currently expect a 2010 start date. | 39 | 10K |
5516 | 2,426 | year. We also estimated total unrecognized expense of less than $1 million in each of the years ended December 31, 2018, 2017 and 2016 related to these awards. | 28 | 10K |
NatwestGroupPLC-AR_2016 | 1,648 | The removal of pro rating places additional focus on good leaver definitions and further details on the circumstances that will qualify for good leaver treatment are set out on page 99. | 31 | annual_report |
4553 | 956 | approximately $12.4 billion at December 31, 2012 and $12.3 billion at December 31, 2011 of liabilities assumed under retroactive reinsurance contracts. Liabilities arising from retroactive contracts with exposure to claims of this nature are generally subject to aggregate policy limits. Thus, our exposure to environmental and latent injury claims under these contracts is, likewise, limited. We monitor evolving case law and its effect on environmental and latent injury claims. Changing government regulations, newly identified toxins, newly reported claims, new theories of liability, new contract interpretations and other factors could result in significant increases in these liabilities. Such development could be material to our results of operations. We are unable to reliably estimate the amount of additional net loss or the range of net loss that is reasonably possible. | 128 | 10K |
AegonNV-AR_2006 | 1,997 | Supervisory Board, raising issues in relation to his audit that require the attention of management. Pursuant to the Audit Committee | 20 | annual_report |
3609 | 1,202 | Effective January 1, 2008, the Company adopted SFAS No. 157 and 159. The Company does not expect the adoption of these statements to have a material impact on the Company’s financial condition. | 32 | 10K |
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