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SwissReAG-AR_2013 | 1,846 | the determination for whether a Group eC or GmB member has met the guidelines will include all vested shares that are owned directly or indirectly by the relevant members and related parties. | 32 | annual_report |
5043 | 910 | For available-for-sale securities in an unrealized loss position at December 31, 2015 and 2014, the following table summarizes the aggregate fair values and gross unrealized losses by length of time those securities have continuously been in an unrealized loss position. | 40 | 10K |
3160 | 970 | The following discussion highlights significant factors influencing the consolidated financial position and results of operations of The National Security Group, Inc. (referred to in this document as we, our, us, the Company or NSEC) and its subsidiaries for the three years ended December 31, 2006. This discussion and analysis of the consolidated results of operations and financial condition of the Company should be read in conjunction with the Selected Financial Data and Consolidated Financial Statements and related notes included elsewhere herein. Please refer to our note regarding forward-looking statements on page 3 of this report. | 95 | 10K |
BaloiseHoldingLtd-AR_2003 | 552 | This also holds true for our in-house activities. A dialogue culture was fostered at staff events, departmental visits, the general agents’ tour and the Management Summer School; a culture that has helped gear the Baloise up for the challenges of the future.” | 42 | annual_report |
LloydsBankingGroupPLC-AR_2014 | 520 | The only area where we’ve seen an increase in CO2e related to consumption, relates to oil. The main reason is due to the new Horizon data centre becoming operational in the past year and receiving several deliveries of new oil. | 40 | annual_report |
fr_axa-AR_2015 | 4,973 | Equity component of compound fi nancial instruments - - - - - | 12 | annual_report |
ScorSE-AR_2008 | 1,573 | Parent company guarantees from SCOR SE to the benefi t of SCOR Switzerland AG for reinsurance commitments | 17 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2001 | 1,200 | PPrroossppeeccttss.. Europe’s largest satellite, Envisat, will orbit the earth once every 100 minutes from the beginning of 2002. It is expected to help provide more precise forecasts on climate development, volcanic eruptions and earthquakes. | 34 | annual_report |
5380 | 933 | Following the consummation of the Rehabilitation Exit Transactions, Ambac Assurance will seek to further improve its financial condition by continuing to pursue asset monetizations; loss recoveries; restructurings, purchases, modifications or exchanges of certain outstanding obligations; extinguishment or modification of certain contractual restrictions; and/or commuting or reducing insured exposures. Separately from or in connection with the actions described above, we may seek to further optimize our capital and corporate structure to unlock shareholder value. | 73 | 10K |
PhoenixGroupHoldingsPLC-AR_2020 | 2,876 | We considered the valuation of insurance contract liabilities to be a significant risk for the Group. Specifically, we considered the actuarial assumptions and modelling that are applied, as these involve complex and significant judgments about future events, both internal and external to the business for which small changes can result in a material impact to the resultant valuation. Additionally, the valuation process is reliant upon the accuracy and completeness of the data. | 72 | annual_report |
5360 | 672 | Other-than-temporary impairment losses on investments increased $32.0, or 38.4%, to $115.4 in 2016, primarily due to an increase in impairment losses on fixed maturity securities, partially offset by a decrease in impairment losses on equity securities. | 36 | 10K |
3922 | 552 | Interest Expense. Interest expense related to the surplus notes issued by our insurance subsidiary in May 2004 totaled $0.9 million in 2008 and $1.1 million in 2007. The surplus notes interest rate, which is calculated at the beginning of each interest payment period using the 3-month LIBOR rate plus 400 basis points, ranged between 6.15% and 9.03% in 2008. | 59 | 10K |
NatixisSA-AR_2008 | 7,836 | COFACE SWITZERLAND - SUCC (COFACE SA) Insurance FC 100 100 100 100 Switzerland | 13 | annual_report |
ch_zurich_insurance_group-AR_2010 | 699 | Related parties of Group Executive Committee members or of former members of the Group Executive Committee No benefits (or waiver of claims) have been provided to related parties of GEC members or related parties of former members of the GEC during the year 2010 and 2009. Neither had any related party of GEC members or of former members of the GEC outstanding loans, advances or credits as of December 31, 2010 and 2009. | 73 | annual_report |
359 | 1,034 | Cash interest payments were $17.4 million in 1996, $17.2 million in 1995 and $23.2 million in 1994. | 17 | 10K |
gb_prudential-AR_2014 | 5,062 | Business area: Asia operations 49.0 38.0 US operations 123.6 104.3 UK operations 169.0 157.3 | 14 | annual_report |
Sampoplc-AR_2006 | 4,035 | Sampo Bank recommends “Boring Housing Loan” Sampo Bank reiterated its recommendation of late last year for housing loan customers to protect themselves against interest rate rises by tying part of the loan amount to a longterm fixed interest rate. With Sampo Bank’s Boring Housing Loan, the customer can choose a fixed interest rate for 10, 15 or even 20 years. Housing loan growth continued to meet its targets, and the housing loan portfolio increased in 2006 by 15 per cent, increasing the market share to 15.7 per cent. About 40 per cent of new housing loans granted by Sampo Bank were covered by a creditor life insurance policy. | 108 | annual_report |
AdmiralGroupPLC-AR_2007 | 932 | Deferred tax (asset) / liability at end of period (1,629) 981 | 11 | annual_report |
DirectLineInsuranceGroupPLC-AR_2018 | 637 | Performance Commercial in-force policies increased by 6.6% compared with 2017 to 755,000. This reflected strong growth in both Direct Line for Business and NIG and other. Gross written premium increased by 1.9% to £511.0 million. | 35 | annual_report |
5317 | 1,034 | Of the interest expense of $27.3 million for the year ended December 31, 2015, approximately $9.2 million represents interest paid on the White Eagle Revolving Credit Facility, which included $6.7 million withheld from borrowings by the lender and $2.5 million paid by White Eagle. Approximately $4.9 million represents interest expense attributable to the Red Falcon Revolving Credit Facility, which includes approximately $3.3 million attributable to debt issuance costs not capitalized as a result of electing the fair value option for valuating this debt and an additional $1.6 million related to interest payments paid during the year ended December 31, 2015. | 100 | 10K |
BeazleyPLC-AR_2015 | 1,014 | Culturally, one of Beazley’s strengths is teamwork at every level. Our approach to the annual bonus reflects this culture through the operation of our bonus pool. The pool is based on profit before tax and ROE out-turns and is strongly aligned to outcomes for shareholders. A broad senior management team, beyond executive directors, is then made awards from the pool. This reinforces the collegiate culture at Beazley. | 67 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2006 | 2,670 | No guaranteed interest rate 4,633 835 5,468 5,854 *After elimination of intra-Group transactions across segments. | 15 | annual_report |
3661 | 2,212 | Level 1 - Unadjusted quoted market prices for identical assets or liabilities in active markets which are accessible by the Company. | 21 | 10K |
gb_lloyds_banking_grp-AR_2017 | 3,503 | Table 1.37: Analysis of 2017 total wholesale funding by residual maturity | 11 | annual_report |
AvivaPLC-AR_2016 | 7,599 | The Company faces exposure to foreign currency risk through some of its borrowings which are denominated in Euros. However, most of these borrowings have been on-lent to a subsidiary which holds investments in Euros, generating the net investment hedge described in the Group consolidated financial statements, note 57(a). | 48 | annual_report |
5444 | 1,018 | Net of valuation allowances of $11 million in 2017 and $17 million in 2016. | 14 | 10K |
3430 | 1,249 | A company’s internal control over financial reporting is a process designed by, or under the supervision of, the company’s principal executive and principal financial officers, or persons performing similar functions, and effected by the company’s board of directors, management and other personnel to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements. | 182 | 10K |
AvivaPLC-AR_2019 | 3,675 | (ii) The contractual maturity dates of undiscounted cash flows for these borrowings are: £m | 14 | annual_report |
AssicurazioniGeneraliSpA-AR_2019 | 912 | Interest expenses on liabilities linked to operating activities 401 333 20.4% | 11 | annual_report |
5853 | 282 | We have audited the accompanying balance sheets of Life Partners Position Holder Trust (the “Trust”) as of December 31, 2020 and 2019, the related statements of operations, changes in net assets, and cash flows for the years ended December 31, 2020 and 2019, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Trust as of December 31, 2020 and 2019 and the results of its operations and its cash flows for the years ended December 31, 2020 and 2019, in conformity with accounting principles generally accepted in the United States of America. | 114 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2008 | 3,527 | Large and very large losses (net)3 €m 1,507 1,126 585 3,134 1,084 | 12 | annual_report |
HelvetiaHoldingAG-AR_2018 | 2,404 | Fair value of plan assets (–) – 2 837.3 – 2 885.7 | 12 | annual_report |
5770 | 1,163 | As our clients’ claim volumes increase or decrease, our resulting revenues and cost of revenues correspondingly increase or decrease. Our gross profit could also increase or decrease as a result of changes in purchasing discounts. | 35 | 10K |
5871 | 1,061 | Depreciation and amortization expense related to real estate investments was $1,864, $1,782 and $1,536, respectively, for the years ended December 31, 2020, 2019 and 2018 and was included in net investment income on the consolidated statements of income. | 38 | 10K |
5346 | 749 | Dividends paid to shareholders totaled $24.6 million, $21.7 million and $19.7 million in 2016, 2015 and 2014, respectively. Our practice has been to pay quarterly cash dividends, which we have paid every quarter since March 1968. | 36 | 10K |
4662 | 784 | (viii) a gain on bargain purchase of $13.1 million in 2011, which arose in relation to our acquisition of Laguna Life Limited; | 22 | 10K |
3082 | 1,522 | Acquisition and operating expenses, net of deferrals decreased in our U.S. mortgage insurance business primarily driven by continued productivity initiatives and other expense reductions and lower contract underwriting volume. Acquisition and operating expenses, net of deferrals in our international mortgage insurance business increased as a result of continued investment in our existing international mortgage insurance platforms and potential new international platforms as well as a $3 million increase attributable to changes in foreign exchange rates. | 75 | 10K |
NatwestGroupPLC-AR_2015 | 2,785 | Services (GTS). Uncommitted GTS trade lending and new business has been terminated. | 12 | annual_report |
gb_prudential-AR_2009 | 910 | Developing credible successors Every year we conduct a review across the Group to identify, develop and reward people with leadership potential. During 2009, we held five Management Development Programme and seven Leadership Development Programme events. These events support the Group’s succession and development strategy and, in 2009, over 100 individuals were assessed for their development potential. | 56 | annual_report |
SwissReAG-AR_2010 | 65 | 2010 was not just about turnaround measures, however. It was also a year for investing in Swiss Re’s future. In June, we set out clear strategic priorities and communicated how and where we want to grow. We reinforced this in October by realigning our management structure accordingly, strengthening the representation of key business areas at senior management level. We are now announcing the next important milestone: A new legal structure for the group that will support the implementation of the company’s strategy and take full advantage of our strong market position. | 91 | annual_report |
AvivaPLC-AR_2020 | 627 | Distribution channels Aviva Poland has one of the largest agency networks in Poland which is the main distribution channel for the life business. | 23 | annual_report |
ASRNederlandNV-AR_2012 | 163 | Furthermore, the changes in laws and regulations made many pension advisors with relatively small portfolios, decide not to take the required courses as of 1 January 2012. As a result, they are no longer licensed to provide pension advice and to manage the existing pension portfolios. That is why pension advisory and management services will now be provided mostly by specialist consultancies. | 62 | annual_report |
INGGroepNV-AR_2020 | 4,599 | The existence and effect of potential voting rights that are currently exercisable or convertible are considered in assessing whether ING Group controls another entity. | 24 | annual_report |
NatwestGroupPLC-AR_2020 | 3,071 | Credit risk continued Within the Wholesale portfolio, additional monitoring was implemented to identify and monitor specific sectors which had been particularly adversely affected by COVID-19 and the use of government support schemes (refer to Wholesale support schemes for further details). | 40 | annual_report |
4599 | 1,759 | Our life insurance business decreased $40 million primarily from our term and whole life insurance products as we did not offer these products in 2011, partially offset by an unfavorable reinsurance adjustment of $8 million in 2010 that did not recur. | 41 | 10K |
3507 | 3,709 | the Company uses several methods to determine the fair value of real estate, but relies primarily on discounted cash flow analyses and, in some cases, third party appraisals. | 28 | 10K |
AdmiralGroupPLC-AR_2011 | 631 | The Board met on eight occasions in 2011 with five of these meetings being held over two days. Two of the meetings were unscheduled Board meetings that were called at short notice. The Board also held a strategy day and visited its operations in Spain and the United States. The Chairman visits each of the Group’s overseas operations every year and Non-Executive Directors are invited to join either him or the Chief Executive on one or more of their overseas visits each year. In addition, the NonExecutive Directors and the Chairman met during the year without the Executive Directors being present. In order to increase their understanding of the operation of the Group below Board level, the Non-Executive Directors and the Chairman also attended a dinner with members of the Group’s senior management team without the Executive Directors being present. | 140 | annual_report |
NatwestGroupPLC-AR_2014 | 5,849 | RBS’s SVaR model has also been approved by the PRA for use in the capital requirement calculation. The regulatory SVaR differs from internal | 23 | annual_report |
4078 | 1,205 | Ceding Commission Revenue. Ceding commission revenue increased $15.5 million or 134.8% from $11.5 million in 2007 to $27.0 million in 2008. The increase resulted from the impact of the Maiden Quota Share being in effect for a full year in 2008. | 41 | 10K |
5325 | 1,377 | insurance loss and LAE reserves developed favorably by $13.3 million and commercial lines insurance loss and LAE reserves developed favorably by $6.8 million. Personal automobile insurance loss and LAE reserves developed favorably by $1.8 million, net of the adverse development related to Alliance United, homeowners insurance loss and LAE reserves developed favorably by $10.8 million, and other personal lines loss and LAE reserves developed favorably by $0.7 million. Excluding the adverse development related to Alliance United for periods prior to the date of its acquisition, personal lines insurance losses and LAE reserves developed favorably by $21.0 million due primarily to the emergence of more favorable loss patterns than expected for the 2013, 2012 and 2011 accident years. Commercial lines insurance loss and LAE reserves included adverse development of $1.8 million from continuing operations and favorable development of $8.6 million from discontinued operations. | 142 | 10K |
NatixisSA-AR_2015 | 9,106 | In a decision taken on July 24, 2015, the Chief Executive Officer of Natixis recognized Natixis’ capital increase for a total of €45,037,279.08 through the issuance of 8,505,624 new shares each with a par value of €1.60 (i.e. a nominal amount of €13,608,998.40 and an issue premium of €31,428,280.68), and the bylaws were amended accordingly (Article 3: Share Capital). | 59 | annual_report |
NatixisSA-AR_2018 | 7,877 | The table below shows available-for-sale financial assets by type of instrument (fixed-income securities, variable-income securities). It discloses the gross value before impairment, the amount of impairment and the carrying amount net of impairment. | 33 | annual_report |
5456 | 13,854 | Total rental expense on operating leases for the years ended December 31, 2017, 2016 and 2015, was $36 million, $37 million and $35 million, respectively. Future minimum rental commitments (in millions) as of December 31, 2017, were as follows: | 39 | 10K |
AegonNV-AR_2014 | 1,321 | Terms as ‘surrender fees’ for the unit-linked policies with regular premiums. The decision was in response to the changing environment relating to customer protection, and was in line with the regulator’s recommendation. | 32 | annual_report |
349 | 143 | The Company's policy is to maintain capital and surplus balances well in excess of the minimums required under government regulations in all jurisdictions in which the Company does business. | 29 | 10K |
gb_prudential-AR_2006 | 4,767 | The following table sets out the Group’s commitments to lend funds at a fixed rate: Weighted Weighted average average interest interest | 21 | annual_report |
2307 | 1,774 | (1) The Company waives deduction of deferred fractional premiums upon death of insured and returns any portion of the final premium beyond the date of death. Surrender values promised in excess of the legally computed reserves totaled $43.9 million at December 31, 2003. | 43 | 10K |
ASRNederlandNV-AR_2018 | 4,730 | Impact investing in euros > 300 million 300 million 57 million | 11 | annual_report |
gb_prudential-AR_2013 | 3,745 | Net income of the fund before movement in unallocated surplus 3,236 2,840 Movement in unallocated surplus (1,294) (769) | 18 | annual_report |
PosteItalianeSpA-AR_2019 | 1,712 | In line with the Deliver 2022 Plan, which provides for the gradual and complete extension, from a fully digital and multi-channel perspective, of financial services on digital channels, BancoPosta has launched a project dedicated to digital investment and asset management services. In this regard, in September 2019, a minority stake was acquired from Poste Italiane in MFM Holding Ltd (Moneyfarm Holding), an independent asset management company specialising in ETF portfolios, for the provision of innovative digital investment services through the development of a controlled-open platform of asset management products. | 89 | annual_report |
2228 | 1,421 | The Company recognized losses on sale of investments of $(5.6) million in 2002 compared to gains of $5.2 million in 2001. During 2002 and 2001, the Company recorded impairment charges for certain fixed income and equity securities in the amount of $14.7 million and $3.5 million, respectively. The Company’s 2002 impairment charges included a $6.1 million impairment charge associated with the Company’s WorldCom, Inc. bond holdings, which was recorded in the second quarter of 2002 as a result of previously announced accounting irregularities at WorldCom, Inc. The impairment charges were partially offset by realized gains associated with other securities in the portfolio. | 102 | 10K |
1498 | 219 | In March 2000, the FASB issued Interpretation (“FIN”) No. 44, “Accounting for Certain Transactions Involving Stock Compensation - an Interpretation of APB No. 25.” FIN No. 44 clarifies the application of Accounting Principles Board Opinion (“APB”) No. 25 for certain issues including: (a) the definition of “employee” for purposes of applying APB No. 25, (b) the criteria for determining whether a plan qualifies as a non-compensatory plan, (c) the accounting consequence of various modifications to the terms of a previously fixed stock option or award, and (d) the accounting for an exchange of stock compensation awards in a business combination. In general, FIN No. 44 was effective July 1, 2000. The adoption of FIN No. 44 did not have a material effect on the Company's financial position or results of operations. | 131 | 10K |
AvivaPLC-AR_2012 | 3,111 | (ii) The principal investments classified as Level 3, and the valuation techniques applied to them, are: Structured bond-type products held by our business in France amounting to £8.6 billion (2011: £6.1 billion), for which there is no active market. These bonds are valued either using third-party counterparty or broker quotes. These bonds are validated against internal or third-party models. These bonds have been classified as Level 3 because either (i) the third-party models included a significant unobservable liquidity adjustment or (ii) differences between the valuation provided by the counterparty and broker quotes and the validation model were sufficiently significant to result in a Level 3 classification. At 31 December 2012, the values reported in respect of these products were the lower of counterparty and broker quotes and modelled valuations. | 130 | annual_report |
3661 | 2,295 | The Company elected to utilize the one time special transition provisions of SAB 108 and recorded an adjustment to retained earnings effective January 1, 2006 to reflect this change in accounting policy with respect to the capitalization and amortization of DAC associated with excess first and second year commissions. As of January 1, 2006, the change in accounting policy resulted in an increase in the Company’s capitalized DAC of $77.6 million, a related increase to its deferred tax liability by $27.1 million, and a net increase to shareholders’ equity of $50.5 million. The adoption of this new accounting policy had the effect of increasing reported underwriting, acquisition and insurance expenses (classified to its SEA Division) in 2006 by $15.5 million and, correspondingly, reducing after-tax net income by $10.1 million. | 129 | 10K |
2309 | 427 | We distribute our products through three primary channels: financial intermediaries (banks, securities brokerage firms, and independent broker/dealers), independent producers (brokerage general agencies, affluent market producer groups and specialized brokers), and dedicated sales specialists (long term care sales agents and affiliated networks of both accountants and personal financial advisors). Approximately 21%, 26%, and 30% of our sales of life and annuity products in 2003, 2002, and 2001, respectively, have been through two national stock brokerage firms. Loss of all or a substantial portion of the business provided by these stock brokerage firms could have a material adverse effect on our business and operations. We do not believe, however, that the loss of such business would have a long-term adverse effect because of our competitive position in the marketplace, the availability of business from other distributors, and our mix of other products. | 140 | 10K |
834 | 213 | Net investment income in 1997 of $48.4 million increased 17% compared to net investment income of $41.2 million in 1996. Net investment income in 1996 increased 12% compared to net investment income of $36.8 million in 1995. Pre-tax yields on invested assets, excluding equity securities, increased to 6.4% in 1997 from 6.3% in 1996 and decreased from 6.5% in 1995. The fluctuation in yield reflected the composition of the maturing securities. During 1997, yields on the approximately $79 million of maturities were lower than yields on the approximately $63 million of maturities in 1996. In 1997, maturities included $31 million in principal repayments associated with Trenwick's portfolio of structured and agency pass-through securities compared to $24 million in 1996. As a result of the decrease in interest rates during 1997, principal repayments are expected to remain similar or increase marginally in 1998. The increase in investment income from 1996 to 1997 is due to the continued growth in Trenwick's invested asset base. This growth resulted primarily from funds received of $29.7 million from the aggregate excess of loss commutation recorded in December 1996, coupled with approximately $61 million of net funds received in January 1997 from Trenwick's private offering of $110 million in 8.82% Subordinated Capital Income Securities. The remaining proceeds were used to redeem the Company's convertible debentures. Investment income is expected to increase in 1998 as the Company's invested asset base continues to grow. During 1997, the Company sold approximately $31 million of U.S. government and agency securities and reinvested the proceeds primarily in structured securities in order to increase the overall yield of the portfolio. | 268 | 10K |
1891 | 465 | To protect against the early termination of an asset or liability. | 11 | 10K |
3614 | 1,162 | (c) Investment Gains and Losses: Realized net capital gains (losses) and the change in net unrealized appreciation (depreciation) of investments are summarized as follows: | 24 | 10K |
4833 | 1,435 | The Company’s effective income tax rate (income tax expense as a percentage of income before income taxes) was 39.8% for 2013, 35.4% for 2012 and 39.7% for 2011. The differences in the effective tax rates were primarily due to changes in the ratio of permanent differences to income before income taxes, changes in state and foreign income taxes resulting from fluctuations in the Company’s noninsurance and foreign subsidiaries’ contribution to pretax profits, and changes in the liability related to tax positions reported on the Company’s tax returns. The effective tax rate for 2012 included the release of a valuation allowance recorded against capital losses. In addition, the effective tax rates for 2013 and 2012 reflected the generation of foreign tax credits. | 121 | 10K |
fr_axa-AR_2000 | 1,452 | The contribution to AXA’s consolidated net income (excluding the impact of exceptional operations) decreased by €260 million in 2000 due to the strengthening of insurance reserves in the United Kingdom, lower net income from Belgium (which had significant realized gains in 1999), and a decrease in net income from the other property and casualty operations as a result of strengthening of insurance reserves in Italy and Ireland, and a valuation allowance established in Morocco. The German property and casualty operations had a significant increase in the net income contribution largely due to the positive impact of tax reform in 2000. The French property and casualty operations had a higher net income contribution in 2000 due to an improved claims ratio, despite the increased insurance cost in 2000 from the December 1999 storms in Western Europe. | 135 | annual_report |
5809 | 3,885 | In December 2020, MetLife, Inc. paid $1.8 billion in cash in connection with the acquisition of Versant Health. See Note 3 of the Notes to the Consolidated Financial Statements. | 29 | 10K |
5859 | 567 | As of December 31, 2020, Kinsale Insurance has only contracted with reinsurers with A.M. Best financial strength ratings of "A" (Excellent) or better. At December 31, 2020, the net reinsurance receivable, defined as the sum of paid and unpaid reinsurance recoverables, ceded unearned premiums less reinsurance payables, from five reinsurers represented 78.1% of the total balance. During 2020, we adopted new accounting guidance ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) and, as a result, we recorded an allowance for doubtful accounts of $0.3 million related to our reinsurance balances at December 31, 2020. | 95 | 10K |
147 | 328 | Reconciliation of the Company's actual tax rate to the U.S. Federal statutory rate is as follows: | 16 | 10K |
PhoenixGroupHoldingsPLC-AR_2016 | 1,350 | Malus (being the forfeiture of unvested awards) and clawback (being the ability of the Company to claim repayment of paid amounts as a debt) provisions apply to the AIP, DBSS and LTIP. These provisions may be applied where the Remuneration Committee considers it appropriate to do so following: – a review of the conduct, capability or performance of an individual; – a review of the performance of the Company or a Group member; – any material misstatement of the Company’s or a Group member’s financial results for any period; – any material failure of risk management by an individual, a Group member or the Company; or | 106 | annual_report |
1093 | 642 | Series B Preferred Stock, $1 par value, is identical to the Series A Preferred stock except it has only one vote per share. During 1996 all of the outstanding Series B Preferred stock was converted into common stock on a share-for-share basis. See Note BB. | 45 | 10K |
SwissLifeHoldingAG-AR_2016 | 254 | Rolf Dörig will be put forward for re-election as member and Chairman of the Board of Directors at the General Meeting of Shareholders of Swiss Life Holding on 25 April 2017. | 31 | annual_report |
4070 | 811 | At December 31, 2009, investments having an amortized cost of $5,026,215 were on deposit with various state insurance departments to meet their respective regulatory requirements. | 25 | 10K |
HannoverRueckSE-AR_2018 | 244 | Europe The Eurozone economy was unable to sustain the vigorous upward course that it had charted in the previous year: the pace of growth slowed by 0.6 percentage points year-on-year to 1.9%. The economy already suffered a sharp drop in momentum in the first six months, only to lose further impetus in the second half of the year. Domestic economic forces were even more crucial to driving expansion in 2018 than in the previous year. The role played by external factors diminished against a backdrop of falling imports and exports. While capital expenditure rose again slightly thanks to a favourable interest rate environment, private consumption expanded at a considerably reduced pace. Government consumption expenditures were also substantially more restrained than in the previous year. | 124 | annual_report |
4398 | 662 | Net Investment Income. Net investment income in 2011 was $351.1 million as compared to $351.2 million in 2010. This level of net investment income reflects a 15% increase in average invested assets to $6,834.4 million in 2011 from $5,966.1 million in 2010, a higher level of investment income from the Company’s fixed maturity security portfolio, offset by adverse performance on the part of the Company’s investments in investment funds organized as limited partnerships and limited liability companies. The tax equivalent weighted average annualized yield on invested assets was 5.6% and 6.3% for 2011 and 2010, respectively. | 96 | 10K |
5077 | 3,652 | the contribution to income (loss) of divested businesses that have been or will be sold or exited, including businesses that have been placed in wind down status, but that did not qualify for “discontinued operations” accounting treatment under U.S. GAAP; and | 41 | 10K |
5738 | 1,214 | Fair values for private, non-traded securities are determined as follows: 1) we obtain estimates from independent pricing services and 2) we estimate fair value based upon a comparison to quoted issues of the same issuer or issues of other issuers with similar terms and risk characteristics. We analyze the independent pricing services valuation methodologies and related inputs, including an assessment of the observability of market inputs. Upon obtaining this information related to fair value, management makes a determination as to the appropriate valuation amount. For more information about the fair values of our investments please refer to Note 6, Fair Value of Financial Instruments, to the financial statements. | 108 | 10K |
ch_zurich_insurance_group-AR_2011 | 1,044 | Certain life insurance contracts contain guarantees for which liabilities have been recorded for additional benefits and minimum guarantees. These arise primarily in the subsidiary Zurich American Life Insurance Company (ZALICO) (formerly known as KILICO) which in the past wrote variable annuity contracts that provide policyholders with certain guarantees related to minimum death and income benefits. After 2001, ZALICO no longer issued new policies with such features. Since 2011, the Group has implemented a dynamic hedging strategy to manage its economic exposure and reduce the volatility associated with its closed book of variable annuities products within its U.S. life business. New Life products developed with financial guarantees are subject to review and approval by the Group-level product approval committee. | 118 | annual_report |
428 | 257 | AVEMCO's activities are carried out from its 40,000 square foot headquarters, owned by AVEMCO and located adjacent to the Frederick Municipal Airport in Frederick, Maryland. AVEMCO also owns and occupies a 48,200 square foot office building and storage complex in St. Peters, Missouri, a two-story 12,000 square foot office building in Ithaca, New York, and a one-story building in Fort Worth, Texas, containing approximately 2,500 square feet. AVEMCO leases approximately 64,000 square feet of office space at 20 other locations throughout the United States, Canada, China, and the United Kingdom. | 90 | 10K |
gb_lloyds_banking_grp-AR_2019 | 5,003 | In certain circumstances, the Group will renegotiate the original terms of a customer’s loan, either as part of an ongoing customer relationship or in response to adverse changes in the circumstances of the borrower. In the latter circumstances, the loan will remain classified as either Stage 2 or Stage 3 until the credit risk has improved such that it no longer represents a significant increase since origination (for a return to Stage 1) , or the loan is no longer credit impaired (for a return to Stage 2) . Renegotiation may also lead to the loan and associated allowance being derecognised and a new loan being recognised initially at fair value. | 111 | annual_report |
5121 | 444 | Deferred financing and issuance costs - Costs incurred to obtain financing under the revolving senior credit facility, as described in note 5, have been capitalized and are amortized using the straight-line method over the term of the revolving senior credit facility. Amortization of deferred financing costs was $727,000 and $358,000 for the years ended December 31, 2015 and 2014, respectively. The future amortization is expected to be $626,000 for the next four months ending April 30, 2016. The Series I Secured Notes, as described in note 6, are reported net of issuance costs, sales commissions and other direct expenses, which are amortized using the interest method over the term of each respective borrowing. The L Bonds, as described in note 7, are reported net of issuance costs, sales commissions and other direct expenses, which are amortized using the interest method over the term of each respective borrowing. The Series A Preferred Stock, as described in note 8, was also reported net of issuance costs, sales commissions, including the fair value of warrants issued, and other direct expenses, which were amortized using the interest method as interest expense over the three-year redemption period. As of December 31, 2015, those costs were fully amortized. | 202 | 10K |
3198 | 969 | Catastrophe losses contributed 5.5, 4.1 and 5.1 percentage points to the combined ratio in 2006, 2005 and 2004, respectively. Catastrophe losses in 2006 included wind and hail losses in March, April and October, with incurred losses of $37 million, $37 million and $38 million, respectively. Of the almost 13,000 catastrophe claims reported through January 31, 2007, for all catastrophes in 2006, more than 95 percent are already closed. Our field claims representatives’ prompt responses and personal approach reflect positively on our agents, supporting their marketing efforts. The following table shows catastrophe losses incurred, net of reinsurance, for the past three years as well as the effect of loss development on prior period catastrophe events. | 114 | 10K |
GjensidigeForsikringASA-AR_2013 | 824 | Impairment losses recognized for goodwill will not be reversed in a subsequent period. On disposal of a cash generating unit, the goodwill attributable will be included in the determination of the gain or loss on disposal. | 36 | annual_report |
RSAInsuranceGroupPLC-AR_2019 | 2,372 | There are no activities relevant for disclosure in respect of research and development of the Company. | 16 | annual_report |
GjensidigeForsikringASA-AR_2012 | 1,703 | Assets in life insurance with investment options 7,189.7 5,542.1 Total assets in life insurance with investment options 7,189.7 5,542.1 | 19 | annual_report |
1893 | 356 | ---------------------------- ------------- ------------ ----------- ------------- ----------- ----------- ------------ ------------ ------------- COL. A COL. B COL. C COL. D COL. E COL. F COL. G COL. H COL. I COL. J ---------------------------- ------------- ------------ ----------- ------------- ----------- ----------- ------------ ------------ ------------- | 40 | 10K |
5713 | 1,932 | Net income available to common stockholders increased by $263 driven by an increase in income from continuing operations, partially offset by a reduction in income from discontinued operations due to the sale in May 2018 of the life and annuity business. Income from continuing operations, net of tax, increased by $600 primarily | 52 | 10K |
4095 | 1,440 | The future policy benefit reserves for our International Insurance segment and Individual Life segment, which as of December 31, 2009, represented 43% of our total future policy benefit reserves combined, relate primarily to non-participating whole life and term life products and are determined in accordance with U.S. GAAP as the present value of expected future benefits to or on behalf of policyholders plus the present value of future maintenance expenses less the present value of future net premiums. The expected future benefits and expenses are determined using assumptions as to mortality, lapse, and maintenance expense. Reserve assumptions are based on best estimate assumptions as of the date the policy is issued with provisions for the risk of adverse deviation. After our reserves are initially established, we perform premium deficiency tests using best estimate assumptions as of the testing date without provisions for adverse deviation. If reserves determined based on these best estimate assumptions are greater than the net U.S. GAAP liabilities (i.e., reserves net of any DAC asset), the existing net U.S. GAAP liabilities are adjusted to the greater amount. Our best estimate assumptions are determined by product group. Mortality assumptions are generally based on the Company’s historical experience or standard industry tables, as applicable; our expense assumptions are based on current levels of maintenance costs, adjusted for the effects of inflation; and our interest rate assumptions are based on current and expected net investment returns. We review our mortality assumptions annually. Generally, we do not expect our mortality trends to change significantly in the short-term and to the extent these trends may change we expect such changes to be gradual over the long-term. | 274 | 10K |
NatwestGroupPLC-AR_2005 | 896 | Contribution before impairment losses 1,706 1,186 Impairment losses 131 117 31 December 1 January | 14 | annual_report |
5830 | 2,611 | To manage reinsurer credit risk, a reinsurance security review committee evaluates the credit standing, financial performance, management and operational quality of each potential reinsurer. | 24 | 10K |
5827 | 1,221 | On April 24, 2020, the Company received a $2.7 million PPP loan from the line of credit Lender pursuant to the Paycheck Protection Program of the CARES Act administered by the SBA. The PPP loan was incorporated into the existing line of credit facility and utilizes a portion of the line of credit’s limit. However, the PPP loan has a different maturity date (April 24, 2022) in accordance with the SBA requirements and bears interest at a rate of 1.0% per annum. The Company amended its $10.0 million line of credit facility with the Lender to incorporate this loan as a reduction of the available line of credit. The loan may be prepaid by the Company at any time prior to maturity with no prepayment penalties. This loan may be subject to forgiveness under the CARES Act provisions. The Company applied for forgiveness of the loan in 2020, at which point the principal and interest payments were deferred until the SBA remits the loan forgiveness amount to the Lender. No assumptions were made relative to potential forgiveness as of December 31, 2020. | 182 | 10K |
GjensidigeForsikringASA-AR_2016 | 357 | Notifications to the external mailbox are in principle anonymous, unless the whistleblower chooses to provide his/her name. Employees may submit notifications to this mailbox anonymously, as may customers, suppliers and other external stakeholders. | 33 | annual_report |
5913 | 1,369 | Other policyholders’ funds liability consists primarily of the fixed annuity line of business in Aflac Japan which has fixed benefits and premiums. | 22 | 10K |
2327 | 909 | In November 2002, the FASB issued Interpretation No. 45 ("FIN 45"), "Guarantor's Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of Others", to clarify accounting and disclosure requirements relating to a guarantor's issuance of certain types of guarantees. FIN 45 requires entities to disclose additional information about certain guarantees, or groups of similar guarantees, even if the likelihood of the guarantor's having to make any payments under the guarantee is remote. The disclosure provisions are effective for financial statements for fiscal years ended after December 15, 2002. For certain guarantees, the interpretation also requires that guarantors recognize a liability equal to the fair value of the guarantee upon its issuance. This initial recognition and measurement provision is to be applied only on a prospective basis to guarantees issued or modified after December 31, 2002. The Company has performed an assessment of its guarantees and believes that all of its significant guarantees are excluded from the scope of this interpretation. | 162 | 10K |
2294 | 662 | If we fail to properly maintain the integrity of our data, or to strategically implement new information systems, or to protect our proprietary rights to our systems, our business could be materially adversely affected. | 34 | 10K |
830 | 562 | -------- -------- -------- Net cash provided by (used in) financing activities (6,875) 36,192 (1,954) -------- -------- -------- Net increase (decrease) in cash - (221) 100 Cash, beginning of year - 221 121 -------- -------- -------- Cash, end of year $ - $ - $ 221 ======== ======== ======== | 48 | 10K |
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