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RSAInsuranceGroupPLC-AR_2009 | 1,246 | Subordinated guaranteed US$ bonds – – – – – – 15 15 14 Subordinated guaranteed perpetual bonds – – – – – 375 – 375 315 Subordinated guaranteed perpetual notes – – – – 450 – – 450 497 | 39 | annual_report |
LloydsBankingGroupPLC-AR_2015 | 1,002 | Skills and experience: António brings extensive experience in, and understanding of, both retail and commercial banking. This has been built over a period of more than 25 years, working both internationally as well as in the UK. António’s drive, enthusiasm and commitment to customers, along with his proven ability to build and lead strong management teams, brings significant value to all stakeholders of Lloyds Banking Group. Previously he worked for Goldman Sachs, Citibank and held various senior management positions at Grupo Santander before becoming its Executive Vice President. He was a Non-Executive Director of Santander UK and subsequently Chief Executive. He is also former NonExecutive Director of the Court of the Bank of England and Governor of the London Business School. External appointments: Non-Executive Director of EXOR S.p.A., Fundação Champalimaud and Sociedade Francisco Manuel dos Santos in Portugal, a member of the Board of Stichting INPAR and Chairman of the Wallace Collection. | 152 | annual_report |
BaloiseHoldingLtd-AR_2014 | 555 | C: Chairman, VC: Vice-Chairman, C: Chair, DC: Deputy Chair, M: Member. | 11 | annual_report |
SwissReAG-AR_2016 | 4,937 | Principle 2 We will work together with our clients and business partners to raise awareness of ESG issues, manage risk and develop solutions. | 23 | annual_report |
AssicurazioniGeneraliSpA-AR_2019 | 5,050 | The Company has introduced “Related-Party Transaction Procedures” (“RPT Procedures”), adopted in compliance with Consob Regulation 17221/2010, as amended, and s. 2391-bis of the Italian Civil Code, which are also applicable to transactions performed by subsidiaries. The Board of Statutory Auditors believes that the above procedures comply with Consob Regulation 17221/2010, as amended; during the year it monitored the Company’s compliance with the procedures. Assicurazioni Generali S.p.A.’s 2019 Annual Financial Statements and the 2019 Integrated Annual Report and Consolidated Financial Statements illustrate the economic and asset-related effects of the related-party transactions, and describe the most significant relationships. | 96 | annual_report |
gb_lloyds_banking_grp-AR_2000 | 1,125 | ■ 55⁄8% Undated Subordinated Step-up Notes callable 2009 (E1,250 million) 774 766 † Undated Step-up Floating Rate Notes callable 2009 (E150 million) 94 93 ¶ 65⁄8% Undated Subordinated Step-up Notes callable 2010 405 405 ✜ Subordinated 5.57% Step-up Coupon Notes callable 2015 (¥20 billion) 117 120 ¶ 61⁄2% Undated Subordinated Step-up Notes callable 2019 266 266 113⁄4% Perpetual Subordinated Bonds 100 100 † 8% Undated Subordinated Step-up Notes callable 2023 199 199 ¶ 61⁄2% Undated Subordinated Step-up Notes callable 2029 198 198 aaaaaffffffffffffffffffffffffff aaaaaffffffffffffffffffffffffff afffffffffffffffffffffffffff afffffffffffffffffffffffffff | 86 | annual_report |
4774 | 1,923 | The gross underwriting expense ratio for the year ended December 31, 2012 was 31.9% compared to 30.5% in 2011. The commission portion of the gross underwriting expense ratio, which is expressed as a percentage of gross premiums earned, was | 39 | 10K |
4370 | 4,010 | As of December 31, 2011, AIG has an accrued liability for the amounts payable under the proposed settlement. | 18 | 10K |
2209 | 1,298 | As of December 31, 2003, NFS had received $976.6 million of cash collateral on securities lending and invested the proceeds in short-term investments, which are reflected on the balance sheet, and a corresponding liability is established to reflect the return of the collateral. Also, NFS has received $544.5 million of cash for derivative collateral, which has been invested in short-term investments and a corresponding liability has been recorded in other liabilities. The Company also held $163.0 million and $25.9 million of securities as off-balance sheet collateral on derivative transactions as of December 31, 2003 and 2002, respectively. | 97 | 10K |
5604 | 1,646 | Premiums earned are the earned portion of net premiums written. Gross premiums written include all premiums recorded by an insurance company during a specified policy period. Insurance premiums on MPLI policies are recognized in proportion to the underlying risk insured and are earned ratably over the duration of the policies. At the end of each accounting period, the portion of the premiums that is not yet earned is included in unearned premiums and is realized as revenue in subsequent periods over the remaining term of the policy. The policies written by PPIX, PCA, and PIPE typically have a term of twelve months. Thus, for example, for a policy that is written on July 1, 2018, one-half of the premiums would be earned in 2018 and the other half would be earned in 2019. | 133 | 10K |
2153 | 375 | CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA) | 15 | 10K |
NNGroupNV-AR_2017 | 1,547 | 2 This number covers data of the Dutch business of NN only. It does not include the complaints received in relation to the integration process of Delta Lloyd and Nationale-Nederlanden, given the specific nature of these complaints. | 37 | annual_report |
5472 | 826 | mainly to the acceleration of claim payments as a means of mitigating future losses on certain Alt-A transactions. | 18 | 10K |
NatixisSA-AR_2012 | 2,052 | In respect of BPCE and its subsidiaries 15,000 22,591.63 26,443.72 24,943.72 | 11 | annual_report |
gb_prudential-AR_2016 | 5,378 | (r) Foreign exchange The Group’s consolidated financial statements are presented in pounds sterling, the Group’s presentation currency. Accordingly, the results and financial position of foreign subsidiaries must be translated into the presentation currency of the Group from their functional currencies, ie the currency of the primary economic environment in which the entity operates. All assets and liabilities of foreign subsidiaries are converted at year end exchange rates while all income and expenses are converted at average exchange rates where this is a reasonable approximation of the rates prevailing on transaction dates. The impact of these currency translations is recorded as a separate component in the statement of comprehensive income. | 109 | annual_report |
SwissReAG-AR_2003 | 197 | The maximum potential loss assuming non-performance by all counterparties, and based on the market replacement cost at 31 December 2002 and 2003, approximated CHF 1533 million and CHF 1933 million, respectively. These values are net of amounts offset pursuant to rights of set-off and qualifying master netting arrangements with various counterparties. | 51 | annual_report |
4214 | 3,026 | The Company issued 2.950 options for the year ended December 31, 2010, with an exercise price of $28.00. These options vest on June 30, 2017 and expire one year thereafter. The weighted average fair value of awards granted during the year ended December 31, 2010 was $2.73 per share. | 49 | 10K |
AssicurazioniGeneraliSpA-AR_2015 | 3,386 | A ct ua ria l g ai ns o r lo ss es a ris in g fro m d ef in ed b en ef it pl an s | 30 | annual_report |
NatixisSA-AR_2012 | 3,363 | At December 31, net revenues were up 15.7% year-on-year to €1,665.6 million (i.e. +9.6% at constant exchange rates), driven by fees on assets under management in the US and a high level of incentive fees on both sides of the Atlantics. | 41 | annual_report |
4115 | 1,362 | GAAP specifies a hierarchy of valuation techniques based on whether the inputs to those valuations techniques are observable or unobservable. These two types of inputs create three valuation hierarchy levels. Level 1 valuations reflect quoted market prices for identical assets or liabilities in active markets. Level 2 valuations reflect quoted market prices for similar assets or liabilities in an active market, quoted market prices for identical or similar assets or liabilities in non-active markets or model-derived valuations in which all significant valuation inputs are observable in active markets. Level 3 valuations reflect valuations in which one or more of the significant valuation inputs are not observable in an active market. The vast majority of our financial instruments subject to the classification provisions of GAAP relate to our investment securities classified as securities available for sale in our investment portfolio. We determine the fair value of our securities available for sale using several sources or techniques based on the type and nature of the investment securities. | 165 | 10K |
LloydsBankingGroupPLC-AR_2004 | 1,449 | An analysis of the net replacement cost of both trading and non-trading instruments entered into with third parties by counterparty type is set out below; the Group’s exposure is further reduced by qualifying collateral held. | 35 | annual_report |
2042 | 1,030 | The assumed reinsurance business includes exposures for the periods 1954 to 1983. The asbestos and environmental assumed claims are ceded by various insurance companies under reinsurance treaties. A majority of the individual assumed claims have exposures of less than $100,000 to AFC. Asbestos losses assumed include some of the industry known manufacturers, distributors and installers. Pollution losses include industry known insured names and sites. | 64 | 10K |
SwissLifeHoldingAG-AR_2017 | 461 | For the period from the 2017 ordinary General Meeting to the 2018 ordinary General Meeting, the General Meeting of Shareholders of 25 April 2017 approved a maximum amount of fixed compensation for the Board of Directors totalling CHF 3 200 000. In 2017, the Board of Directors determined the compensation for the members of the Board of Directors unchanged at the same level as in the previous year. | 68 | annual_report |
SwissLifeHoldingAG-AR_2020 | 1,372 | Reporting in accordance with the standards of the Global Reporting Initiative (GRI) | 12 | annual_report |
3130 | 507 | Many of our long-term care policies were subject to premium rate increases in 2006. In some cases, these premium rate increases were reasonably consistent with the assumptions we used to value the particular block at the fresh-start date. In other cases, the premium rate increases were materially different from that assumed at the fresh-start date, leading us to change our best estimates of future actuarial assumptions. With respect to the 2006 premium rate increases, some of our policyholders were provided an option to cease paying their premiums and receive a non-forfeiture option in the form of a paid-up policy with limited benefits. In addition, our policyholders could choose to reduce their coverage amounts and premiums in the same proportion, when permitted by our contracts or as required by regulators. The following describes how we account for these policyholder options: | 139 | 10K |
5869 | 2,338 | (1) On January 1, 2018, the Company adopted ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10) - Recognition and Measurement of Financial Assets and Financial Liabilities, resulting in a cumulative-effect reclassification of a $32 million loss, net of tax, from retained earnings to AOCI. | 44 | 10K |
5258 | 1,284 | We have a comprehensive portfolio monitoring process to identify and evaluate each fixed income and equity security that may be other-than-temporarily impaired. The process includes a quarterly review of all securities to identify instances where the fair value of a security compared to its amortized cost (for fixed income securities) or cost (for equity securities) is below established thresholds. The process also includes the monitoring of other impairment indicators such as ratings, ratings downgrades and payment defaults. The securities identified, in addition to other securities for which we may have a concern, are evaluated for potential other-than-temporary impairment using all reasonably available information relevant to the collectability or recovery of the security. Inherent in our evaluation of other-than-temporary impairment for these fixed income and equity securities are assumptions and estimates about the financial condition and future earnings potential of the issue or issuer. Some of the factors that may be considered in evaluating whether a decline in fair value is other than temporary are: 1) the financial condition, near-term and long-term prospects of the issue or issuer, including relevant industry specific market conditions and trends, geographic location and implications of rating agency actions and offering prices; 2) the specific reasons that a security is in an unrealized loss position, including overall market conditions which could affect liquidity; and 3) the length of time and extent to which the fair value has been less than amortized cost or cost. All investments in an unrealized loss position as of December 31, 2016 were included in our portfolio monitoring process for determining whether declines in value were other than temporary. | 267 | 10K |
4146 | 1,229 | In November of 2009, the Company issued $350 million of 7.350% ten-year senior notes in a public offering. | 18 | 10K |
4808 | 2,781 | The AIG Property Casualty segment is presented as two operating segments - Commercial Insurance and Consumer Insurance, in addition to an AIG Property Casualty Other category. | 26 | 10K |
RaiffeisenBankInternationalAG-AR_2007 | 2,499 | Market risk – The risk that the value of a financial instrument will fluctuate because of changes in market prices whether those changes are caused by factors specific to the individual security or its issuer or factors affecting all securities traded in the market. | 44 | annual_report |
3790 | 678 | Equity income (loss), net of related income taxes, totaled less than ($0.1) million in 2008, $1.5 million in 2007 and $1.1 million in 2006. Equity income includes our proportionate share of gains and losses attributable to our ownership interest in partnerships, joint ventures and certain companies where we exhibit some control but have a minority ownership interest. Given the timing of availability of financial information from our equity investees, we will consistently use information that is as much as three months in arrears for certain of these entities. Several of these entities are investment companies whose operating results are derived primarily from unrealized and realized gains and losses generated by their investment portfolios. As is normal with these types of entities, the level of these gains and losses is subject to fluctuation from period to period depending on the prevailing economic environment, changes in prices of equity securities held by the investment partnerships, timing and success of initial public offerings and other exit strategies, and the timing of the sale of investments held by the partnerships and joint ventures. | 179 | 10K |
4481 | 1,212 | All existing and future, direct and indirect, material subsidiaries are required to become guarantors of all of the Company's obligations under the Credit Agreement. Pursuant to a Subsidiary Guaranty dated December 16, 2011, among the guarantors party thereto and JPMCB, as administrative agent, certain material direct and indirect subsidiaries guarantee all obligations of the Company under the Credit Agreement. | 59 | 10K |
2688 | 1,119 | We are licensed by the IFBF to use the “Farm Bureau” and “FB” designations in Iowa. In connection with this license, we incurred royalty expense totaling $0.4 million in 2004, 2003 and 2002. We have similar arrangements with the Kansas Farm Bureau and other state Farm Bureau organizations in our market territory. Total royalty expense to Farm Bureau organizations other than the IFBF totaled $1.1 million in 2004, $1.2 million in 2003 and $1.1 million in 2002. | 77 | 10K |
5613 | 866 | Looking forward, market conditions remain competitive. While loss exposed contracts saw some pricing increases, the January 2019 renewals were relatively flat overall. As a result, we non-renewed several underperforming contracts and focused our capital deployment on quota share contracts which have historically generated better returns with lower volatility. We are closely monitoring market conditions for the upcoming April and June renewal periods where opportunities could emerge as more loss exposed contracts will be up for renewal during those periods. | 79 | 10K |
1250 | 441 | also acquire the financial value embedded in a strong book of recurring renewal business to be realized for many years after the acquisition takes place. | 25 | 10K |
5106 | 1,452 | Also contributing to the improvement in policy acquisition costs were small reductions in expense ratios as seen across most lines as efficiencies improved in the underwriting department. These efficiencies are the result of prior policies written entering the renewal stage, as renewal policies are less expensive to underwrite than new policies. | 51 | 10K |
PowszechnyZakladUbezpieczenSA-AR_2019 | 628 | Lietuvos Draudimas is the leader of the non-life insurance market in Lithuania with a share of 30.2% in 2019, with gross written premium of EUR 204 million (5.6% growth y/y). | 30 | annual_report |
StandardLifeAberdeenPLC-AR_2017 | 1,592 | Audit and non-audit fees The Group audit fee payable to KPMG in respect of 2017 was £5.7m (2016: PwC £4.1m). In addition £1.9m (2016: £0.8m) was incurred on audit related assurance services. Fees for audit related assurance services are primarily in respect of Solvency II regulatory reporting, client money reporting and the half year review. The increase in both audit and audit related assurance fees primarily reflects the larger scale of the Group following the merger. The Committee is satisfied that the audit fee is commensurate with permitting KPMG to provide a quality audit and monitors regularly the level of audit and non-audit fees. Non-audit work can only be undertaken if the fees have been approved in advance in accordance with the Board’s policy for nonaudit fees. Unless fees are clearly trivial (which we have defined as less than £75,000), the approval of the whole Committee is now required. | 149 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2017 | 1,584 | Fair value hedges In the case of fair value hedges, the change in the fair value of the hedging instrument and the change in the fair value of the hedged instrument are generally recognised in profit or loss under the item “investment result”. Munich Re uses hedging relationships in the form of fair value hedges to selectively and efficiently mitigate interest-rate and other market risks. The main types of transaction employed for hedging are swaps and forwards. No fair value hedges existed at year-end, as Munich Reinsurance Company’s hedged subordinated bond had been redeemed in June 2017. The fair value of | 101 | annual_report |
AvivaPLC-AR_2014 | 2,778 | (ii) Diluted earnings per share on operating profit attributable to ordinary shareholders is calculated as follows: Total £m | 18 | annual_report |
de_allianz-AR_2012 | 3,295 | Foreign currency translation adjustments 4 5 35 Changes in the consolidated subsidiaries of the Allianz Group (1) (2) (20) | 19 | annual_report |
3242 | 950 | As of December 31, 2006, we maintained aggregate statutory capital and surplus of $2,066.0 million in our state regulated subsidiaries. Each of these subsidiaries was in compliance with applicable statutory requirements which aggregated $1,430.3 million. Although the minimum required levels of equity are largely based on premium volume, product mix, and the quality of assets held, minimum requirements can vary significantly at the state level. | 65 | 10K |
SwissLifeHoldingAG-AR_2007 | 2,878 | CONTINGENCIES | Swiss Life Holding acts as warrantor for all Swiss Life/Rentenanstalt liabilities with regard to the various tranches of the subordinated perpetual step-up loan (hybrid debt), which amounted to an equivalent value of CHF 2532 million at the balance sheet date. | 42 | annual_report |
1927 | 548 | (C) Operating results include the operating results of Professionals Group since the date of consolidation, June 27, 2001. See Note 2 to the Consolidated Financial Statements. | 26 | 10K |
5658 | 1,436 | Should claim payment obligations accelerate beyond our ability to fund payments from operating cash flows, we would utilize our cash and cash equivalent balances and/or liquidate a portion of our investment portfolio. Our investment portfolio is heavily weighted towards conservative, high quality and highly liquid securities. We expect that, if necessary, approximately $12.8 billion of cash and invested assets at December 31, 2018 could be available in one to three business days under normal market conditions; of this amount, $5.5 billion relates to restricted assets, which primarily support our obligations in regulatory jurisdictions where we operate as a non-admitted carrier (refer to Item 8, Note 6(g) to the Consolidated Financial Statements 'Investments' for further details). For context, our largest 1-in-250 year return period, single occurrence, single-zone modeled probable maximum loss (Southeast U.S. Hurricane) is approximately $620 million, net of reinsurance; our claim payments pertaining to such an event would be paid out over a period spanning many months. Our internal risk tolerance framework aims to limit both the loss of capital due to a single event, and the loss of capital that would occur from multiple but perhaps smaller events, in any year (refer to Item 1 'Risk and Capital Management' for further details). | 204 | 10K |
fr_axa-AR_2016 | 928 | (i) the acquisition expense ratio up 0.5 point mainly driven by higher commissions following a change in business mix both at AXA Assistance and in the United Kingdom & | 29 | annual_report |
AegonNV-AR_2006 | 4,629 | Supervisory Board, decide that a distribution on common shares shall not take place as a cash payment but as a payment in common shares, or decide that holders of common shares shall | 32 | annual_report |
GjensidigeForsikringASA-AR_2016 | 1,045 | In order to support the three strategic priorities and ensure strong competiveness in future, efficiency measures are being taken to create room for increased investments primarily in the fields of technology, competence development and brand strength. | 36 | annual_report |
SwissLifeHoldingAG-AR_2016 | 525 | 2 6 individuals were taken into account in the period under review who were on the Corporate Executive Board during the full reporting year (previous year: 4 persons). The compensation for Markus Leibundgut in 2014 (appointed on 1 April 2014) and Stefan Mächler (appointed on 1 September 2014) is reported pro rata for the period of their membership of the Corporate Executive Board in 2014. The compensation for Bruno Pfister is also reported pro rata for the period of his membership of the Corporate Executive Board in 2014. Nils Frowein has been a member of the Corporate Executive Board since 1 January 2015. | 103 | annual_report |
INGGroepNV-AR_2014 | 2,053 | IFRS 10 ‘Consolidated Financial Statements’ IFRS 10 ‘Consolidated Financial Statements’ introduced amendments to the criteria for consolidation. Similar to the requirements that were applicable until the end of 2013, all entities controlled by ING Group are included in the consolidated annual accounts. However, IFRS 10 redefines control as being exposed to variable returns and having the ability to affect those returns through power over the investee. The requirements in IFRS 10 are generally similar to the policies and interpretations that ING Group applied and, therefore, the impact of implementing IFRS 10 was not significant. The implementation of IFRS 10 has no impact on Shareholders’ equity, Net result and/or Other comprehensive income. The impact of IFRS 10 is included in the tables below. | 122 | annual_report |
2995 | 774 | A summary of the status of the Company’s non-vested options as of December 31, 2006 and changes during the year ended December 31, 2006 is presented below: | 27 | 10K |
StorebrandASA-AR_2012 | 1,677 | based on the market and volume development observed, the norwegian covered bond market must be perceived as a deep market in relation to the provisions in IaS 19 in the opinion of Storebrand. this conclusion is based on the regular activity that takes place in both the primary and secondary markets, as well as the transparency that exists due to the fact that the trades observed on the exchange are close to the indicative levels quoted by the banks. broad participation by all of the largest bond brokers in the reporting system of the norwegian Mutual Fund association (VFF) supports the reliability of the available data. reference is made to the statement of 13 december 2012 from the norwegian accounting Standards board related to the use of covered bonds as the discount rate. as of the fourth quarter of 2012 Storebrand has used a discount rate based on the covered bond rate in norway. this change is considered to be a change in the estimate. the corresponding interest rate in Sweden is also used for the Swedish operations. | 178 | annual_report |
3687 | 298 | Federal income tax expense (benefit) includes expense of ($44.1) million and ($6.6) million in 2005 and 2004, respectively, related to the reversal, change in or establishment of a deferred tax valuation allowance. | 32 | 10K |
3558 | 661 | The change in the amount of index credits is impacted by growth in the volume of index annuities in force and the amount of appreciation/depreciation in the underlying equity market indices on which our options are based as discussed above under “Derivative income (loss).” The change in the value of the embedded derivative is impacted by the change in expected index credits on the next policy anniversary dates, which is related to the change in the fair value of the options acquired to fund these index credits as discussed above under “Derivative income (loss).” The value of the embedded derivative is also impacted by the timing of the posting of index credits and changes in reserve discount rates and assumptions used in estimating future call option costs. In addition, during 2006, we reduced our reserves for the embedded derivative in our coinsured index annuities $7.1 million. This adjustment, which is the correction of an overstatement that started in 2001, increased net income $2.6 million ($0.09 per basic and diluted common share) after offsets for taxes and the amortization of deferred policy acquisition costs and deferred sales inducements. This adjustment does not impact our segment results as the segment results are based on operating income which, as explained in the “Segment Information” section, excludes the impact of changes in the valuation of derivatives. | 222 | 10K |
4888 | 1,562 | financial statements of certain wholly owned subsidiaries that are considered “Special Purpose Financial Captives”, and a reserve difference related to a captive insurance company. | 24 | 10K |
4184 | 1,193 | Non-commission underwriting expenses declined in 2010 primarily due to the reduction of various start-up costs during 2008 and 2009 as our excess and surplus lines began operations in 2008. The primary category of expense reduction was development costs for our rating and policy administration system. | 45 | 10K |
1723 | 493 | Amounts reported as “Other” primarily include return on capital not allocated to the product segments, other financial service businesses, holding company expenses and adjustments made in consolidation. Other financial service businesses are generally non-insurance related and include StanCorp’s mortgage lending and investment management subsidiaries. | 44 | 10K |
AvivaPLC-AR_2015 | 2,052 | Aviva Chief Financial Officer Award 2014 — 196,463 53,0338 — 145,383 564.50 523.00 | 13 | annual_report |
RSAInsuranceGroupPLC-AR_2010 | 1,977 | Subsidiaries are entities over which the Group has the power to govern the financial and operating policies so as to obtain benefits from their activities, generally accompanying a shareholding of more than one half of the voting rights. The existence and effect of potential voting rights | 46 | annual_report |
873 | 402 | (5) Includes mortgage servicing fee and other miscellaneous fee income of approximately $2.3 million, $1.3 million and $1.2 million for the years ended December 31, 1998, 1997 and 1996, respectively. | 30 | 10K |
fr_axa-AR_2019 | 6,408 | Investment in real estate properties designated as at fair value through profit or loss (b) 1,435 1,435 0.20% | 18 | annual_report |
4107 | 2,211 | In general, our business as a whole is not seasonal in nature. However, in our U.S. Mortgage Insurance segment, the level of delinquencies, which increases the likelihood of losses, generally tends to decrease in the first and second quarters of the calendar year and increase in the third and fourth quarters. As a result, we typically experience lower levels of losses resulting from delinquencies in the first and second quarters, as compared with those in the third and fourth quarters. However, as a result of the current downturn in the U.S. housing market, delinquencies were higher in the first and second quarters of 2009. In addition, while the U.S. housing market is beginning to show signs of stabilization, we may continue to see higher delinquencies in the first and second quarters of 2010 until the housing market returns to a more normal development pattern. See “-Business trends and conditions” for additional information related to our U.S. Mortgage Insurance segment. | 159 | 10K |
NatixisSA-AR_2006 | 4,468 | These assumptions were established based on market conditions when the pro forma fi nancial statements published in Document E were prepared. Since the defi nitive characteristics of the refi nancing put in place between November 17, 2006 and December 31, 2006 were very similar to the assumptions made, the impact of the refi nancing as presented in the 2005 pro forma fi nancial statements in Document E has not been restated to take into account actual market conditions. | 78 | annual_report |
1046 | 414 | During 1995, CICA acquired through foreclosure, a 7,500 square foot office property in Wheatridge, Colorado for $116,000. Subsequently, the Company renovated the property, bringing its investment to $230,000. The property was sold for $275,000 in 1998, with the Company retaining a $240,000 first lien. | 44 | 10K |
3838 | 1,405 | As of December 31, 2008 and 2007, FPIG owed $3,000 under a $7,500 and $5,000 bank line of credit, respectively. The line of credit bears interest at the bank’s base rate or an optional rate based on LIBOR. The effective annual interest rate as of December 31, 2008 and 2007 was 3.25% and 7.25%, respectively. The line of credit includes covenants to maintain certain financial requirements including a minimum A.M. Best rating, minimum statutory surplus and a requirement that no more than 50% of allowable dividends be distributed from subsidiaries. The Company was in compliance with all covenants as of December 31, 2008 and 2007. | 105 | 10K |
INGGroepNV-AR_2014 | 10 | Our brand value Number 26 most valuable bank brand in the world (EUR 7.3 billion, year-end 2014).(1) | 17 | annual_report |
4302 | 405 | For the year ended April 30, 2010, the Company reported a net loss of $103,350 and has reported an accumulated deficit of $4,158,853. | 23 | 10K |
RSAInsuranceGroupPLC-AR_2020 | 1,924 | We continue to consider net earned premiums to be the most appropriate benchmark and a fair reflection of revenue from the Group’s operations as it is not subject to the volatility arising from multi-year insurance contracts that net written premiums would be, and provides a more stable measure year on year than group profit before tax. | 56 | annual_report |
NatixisSA-AR_2019 | 3,229 | Coface Denmark – BRANCH (Coface Europe) Full consolidation Equity method Insurance Denmark | 12 | annual_report |
1177 | 650 | MARKETING, GENERAL AND ADMINISTRATIVE EXPENSES. We expect marketing, general and administrative expenses as a percentage of operating revenue to be comparable or slightly increase compared to 1999. We expect increases as we invest in our medical management initiative by hiring additional personnel and as we make planned investments in technology. We anticipate spending $10 million to $15 million to integrate the Harris acquisition. In addition, we expect to incur employee severance costs in the first quarter. These increases will be partially offset by our plan to gain efficiencies in a number of functional areas including the centralization and consolidation of our sales and marketing and human resources departments. | 108 | 10K |
3873 | 964 | The following table presents the Company's top five reinsurer groups by reinsurance recoverable at December 31, 2008 (in millions). Also included is the A.M. Best rating of each reinsurer group at February 19, 2009: | 34 | 10K |
NatwestGroupPLC-AR_2018 | 2,253 | Refer to Accounting policy 14 and Note 14 on the consolidated accounts for revisions to policies and critical judgements relating to impairment loss determination. | 24 | annual_report |
gb_prudential-AR_2010 | 4,433 | In addition, following the UK Government’s announcement in July 2010 of the use of the Consumer Price Index (CPI) rather than the Retail Price Index (RPI) in its determination of the statutory minimum pension increases for private sector occupational pension schemes, in December 2010, the ASB’s Urgent Issues Task Force (UITF) published its abstract UITF 48 providing guidance on the accounting implications of the change. See note 9 for further details. | 71 | annual_report |
HelvetiaHoldingAG-AR_2012 | 2,307 | In our opinion, the consolidated financial statements for the year ended 31 December 2012 give a true and fair view of the financial position, the results of operations and the cash flows in accordance with International Financial Reporting Standards (IFRS) and comply with Swiss law. | 45 | annual_report |
4424 | 2,046 | We make regular adjustments to the underlying assumptions in our model as discussed above, and believe the amount generated by our model at December 31, 2011, represents our best estimate of our future losses and LAE on existing defaults. | 39 | 10K |
RaiffeisenBankInternationalAG-AR_2020 | 1,496 | Net trading income and fair value result 19 26 (28.4)% 13 (1) – | 13 | annual_report |
3878 | 1,099 | On March 2, 2009, AIG, the NY Fed and the United States Department of the Treasury announced agreements in principle to modify the terms of the Fed Credit Agreement and the Series D Preferred Stock and to provide a $30 billion equity capital commitment facility. The United States Government has issued the following statement referring to the agreements in principle and other transactions they expect to undertake with AIG intended to strengthen AIG’s capital position, enhance its liquidity, reduce its borrowing costs and facilitate AIG’s asset disposition program. | 88 | 10K |
de_allianz-AR_2013 | 3,039 | Allianz Annuity Company of Missouri, Clayton, MO 100.0 Allianz Argentina Compañía de Seguros Generales S.A., Buenos Aires 100.0 Allianz Argentina RE S.A., Buenos Aires 100.0 Allianz Asac Actions, Paris 100.0 4 Allianz Asian Multi Income Plus, Luxembourg 79.3 3 Allianz Asset Management of America Holdings Inc., Dover, DE 100.0 Allianz Asset Management of America L.P., Dover, DE 100.0 Allianz Asset Management of America LLC, Dover, DE 100.0 Allianz Asset Management U.S. Holding II LLC, Dover, DE 100.0 Allianz Australia Advantage Ltd., Sydney 100.0 Allianz Australia Employee Share Plan Pty Ltd., Sydney 100.0 Allianz Australia Insurance Limited, Sydney 100.0 Allianz Australia Life Insurance Limited, Sydney 100.0 Allianz Australia Limited, Sydney 100.0 Allianz Australia Partnership Services Limited, Sydney 100.0 Allianz Australia Services Pty Limited, Sydney 100.0 Allianz Australia Workers Compensation (NSW) Limited, Sydney 100.0 Allianz Australia Workers Compensation (Victoria) Limited, Melbourne 100.0 Allianz Australian Claims Services Limited, Sydney 100.0 Allianz Aviation Managers LLC, Burbank, CA 100.0 Allianz Ayudhya Assurance Public Company Limited, Bangkok 62.6 Allianz Bank Bulgaria JSC, Sofia 99.9 Allianz Bank Financial Advisors S.p.A., Milan 100.0 Allianz Banque S.A., Courbevoie 100.0 Allianz Belgium S.A., Brussels 100.0 Allianz Bénin dommages SA, Cotonou 83.5 Allianz Best Styles Euroland, Luxembourg 63.1 3 Allianz Bonds Diversified Euro, Paris 100.0 4 Allianz Bonds Euro High Yield, Paris 100.0 4 Allianz Bulgaria Holding Company Ltd., Sofia 66.2 Allianz Bulgaria Insurance and Reinsurance Company Ltd., Sofia 87.4 Allianz Bulgaria Life Insurance Company Ltd., Sofia 99.0 Allianz Bulgaria Pension Company AD, Sofia 65.9 Allianz Burkina dommages SA, Ouagadougou 60.3 Allianz Burkina vie SA, Ouagadougou 71.8 Allianz Business Services Limited, Lancaster 100.0 Allianz business services s.r.o., Bratislava 100.0 Allianz Cameroun dommages SA, Douala 75.4 Allianz Cameroun Vie SA, Douala 75.8 Allianz Cap ISR 2016, Paris 98.7 3 Allianz Capital Partners of America Inc., New York, NY 100.0 Allianz Carbon Investments B.V., Amsterdam 100.0 Allianz Cash SAS, Paris 100.0 Allianz Centrafrique Assurances S.A., Bangui 88.3 Allianz China General Insurance Company Ltd., Guangzhou 100.0 Allianz China Life Insurance Co. Ltd., Shanghai 51.0 Allianz Citizen Care SRI, Paris 81.8 3 Allianz Clearing S.N.C., Paris 100.0 Allianz Colombia S.A., Bogotá D.C. 100.0 Allianz Compagnia Italiana Finanziamenti S.p.A., Milan 100.0 Allianz CompanÍa de Seguros y Reaseguros S.A., Barcelona 99.9 Allianz Congo Assurances SA, Brazzaville 100.0 Allianz Cornhill Information Services Private Ltd., Trivandrum 100.0 Allianz Côte d'Ivoire Assurances S.A., Abidjan 74.1 Allianz Côte d'Ivoire vie SA, Abidjan 71.0 Allianz Creactions 1, Paris 100.0 4 Allianz Creactions 2, Paris 100.0 4 Allianz Destination 2014, Paris 100.0 3 Allianz do Brasil Ltda., São Paulo 100.0 Allianz Dynamic Global Bond, Grand Cayman 98.8 3 Allianz EDUKACJA S.A., Bialobrzegi 100.0 Allianz Efficio, Paris 99.7 3 Allianz Efficio Plus, Paris 99.8 3 | 441 | annual_report |
RaiffeisenBankInternationalAG-AR_2006 | 260 | Corporate Governance Trusting and efficient cooperation of the various corporate bodies, protection of shareholder interests, and open and transparent communication are the central guidelines for Raiffeisen International in implementing modern corporate governance. As a company listed on the stock exchange, Raiffeisen International is committed to the principles of good and responsible corporate governance as set forth in the Austrian Corporate Governance Code and agrees to comply with them. These remarks on compliance with the Code in the period under review (1 January to 31 December 2006) refer to the new version of the Austrian Corporate Governance Code of January 2006. | 100 | annual_report |
858 | 463 | Catastrophe losses for 1997 on a pre-tax basis were approximately $92.0 million, compared with $315.0 million in 1996 and $149.0 million in 1995. CNA's 1997 and 1996 catastrophe losses were primarily weather related losses, including winter storms, tornadoes and flooding. CNA's 1995 catastrophe losses related primarily to tropical storms and hail storms in Texas. | 54 | 10K |
3970 | 576 | Management believes that its unpaid losses and related reinsurance recoverables are fairly stated as of December 31, 2009. However, estimating the ultimate claims liability is necessarily a complex and judgmental process inasmuch as the amounts are based on management's informed estimates, assumptions and judgments using data currently available. | 48 | 10K |
LloydsBankingGroupPLC-AR_2018 | 1,593 | Despite strong engagement in strategy the Board agenda is perceived to be still overly rooted in regulatory compliance and risk mitigation. Looking ahead, there is an opportunity for the Board to become more outwardly-focused. | 34 | annual_report |
ASRNederlandNV-AR_2013 | 1,238 | Without profit-sharing 4,089 1,542 5,631 Contractual profit-sharing (and interest margin participation) 6,863 6,617 13,479 Discretionary profit-sharing 2,203 - 2,203 | 19 | annual_report |
SwissReAG-AR_1996 | 1,256 | Net incom e fro m investm en ts , ie inves tm en t incom e, va lu a tio n read justm ents , realised ga ins and losses, less m anagem ent charges, in re la tion to average in ves t | 44 | annual_report |
3396 | 560 | Effective January 1, 2008, the Company and AIC entered into a one-year intercompany Liquidity Agreement ("Liquidity Agreement") which allows for short-term advances of funds to be made between parties for liquidity and other general corporate purposes. It shall be automatically renewed for subsequent one-year terms unless terminated by the parties. The Liquidity Agreement does not establish a commitment to advance funds on the part of either party. Both parties may make or receive advances. The maximum amount of advances each party may make or receive is limited to $1 billion. Netting or offsetting of advances made and received is not permitted. Advances between the parties are required to have specified due dates less than or equal to 364 days from the date of the advance and be payable upon demand by written request from the lender at least ten business days prior to the demand date. The borrower may make prepayments of the outstanding principle balance of an advance without penalty. Advances will bear interest equal to or greater than the rate applicable to 30-day commercial paper issued by the Corporation on the date the advance is made with an adjustment on the first day of each month thereafter. | 199 | 10K |
4622 | 2,053 | Long-term Equity Ownership Plan: Starting in 2004, ING Group began issuing options under the Long-term Equity Ownership Plan (“leo”). Under leo, participants are awarded both stock options and performance shares. Leo options are nonqualified options on ING Group shares in the form of American Depository Receipts (“ADRs”). The leo options give the recipient the right to | 56 | 10K |
4370 | 3,110 | The SunAmerica segment is presented as two operating segments - Domestic Life Insurance, which focuses on mortality and morbidity based protection products, and Domestic Retirement Services, which focuses on investment, retirement savings and income solutions. | 35 | 10K |
HannoverRueckSE-AR_2012 | 2,345 | The liabilities from derivatives of EUR 86.6 million (EUR 69.4 million ) consist of instruments to hedge currency and inflation risks as well as embedded derivatives recognised separately from the underlying insurance contract at fair value pursuant to IAS 39 “Financial Instruments: Recognition and Measurement ”. Please see our remarks on derivative financial instruments in Section 8.1 “Derivative financial instruments and financial guarantees”. | 63 | annual_report |
fr_axa-AR_2019 | 4,669 | All sensitivities are presented net of tax, and where applicable, net of policyholders’ participation. | 14 | annual_report |
AdmiralGroupPLC-AR_2011 | 340 | • Confused’s income is primarily generated from commissions paid by the product provider on the sale of an insurance policy or financial product | 23 | annual_report |
RaiffeisenBankInternationalAG-AR_2011 | 1,520 | In accordance with IAS 39.50, non-derivative financial instruments classified as trading assets and available-for-sale financial instruments can be reclassified as financial assets held-to-maturity and loans and advances in exceptional circumstancesThe effects resulting from such reclassifications are shown in the notes under (20) financial investments. | 44 | annual_report |
1152 | 342 | The Company follows the provisions of SFAS No. 115. This Statement addresses the accounting and reporting for investments in equity securities that have readily determinable market values and for all investments in debt securities. As of December 31, 1999 and 1998, the Company classified all investments in equity and debt securities as available-for-sale under SFAS No. 115 with the exception of $59.7 million in 1999 and $53.0 million in 1998 which relate to a grantor trust and are classified as trading securities under SFAS No. 115. The available-for-sale investments are reported on the balance sheet at market value, with unrealized gains and losses, net of tax, excluded from earnings and reported as a component of stockholders' equity. The investments classified as trading investments are reported on the "Other assets" line of the consolidated balance sheet at market value with both realized and unrealized gains and losses included in earnings, net of tax, in the year in which they occur. Real estate investments are accounted for on a depreciated cost basis. Real estate acquired in foreclosure and held for sale is carried at the lower of market value or depreciated cost less a valuation allowance. Marketable securities are carried at market. The Standard & Poor's 500 Composite Stock Price Index ("S&P 500") call options are carried at estimated fair value. Other investments, which consist primarily of certificates of contribution of the P&C Group, a surplus note of the P&C Group, policy loans and notes receivable from affiliates, which include British American Financial Services (UK and International), Ltd. ("BAFS") notes and an Old Stone (Delaware) Holdings Limited ("OSDH") note, are carried at the unpaid principal balances. | 274 | 10K |
1417 | 330 | (2) Net of income tax expense (benefit) of $198, ($30) and $6.8 million for 2000, 1999 and 1998, respectively. | 19 | 10K |
gb_prudential-AR_2010 | 4,748 | In the annuity MCEV calculations, the future cash flows are discounted using the swap yield curve plus an allowance for liquidity premium based on Prudential’s assessment of the expected return on the assets backing the annuity liabilities after allowing for expected long-term defaults, credit risk premium and short-term downgrades and defaults. For the purposes of presentation in the EEV results, the results on this basis are reconfigured. Under this approach the projected earned rate of return on the debt securities held is determined after allowing for expected long-term defaults and, where necessary, an additional allowance for an element of short-term downgrades and defaults to bring the allowance in the earned rate up to best estimate levels. The allowances for credit risk premium and additional short-term default allowance are incorporated into the risk margin included in the discount rate. | 138 | annual_report |
AvivaPLC-AR_2006 | 1,771 | Notes to the consolidated financial statements 1 – Exchange rates The Group’s principal overseas operations during the year were located within the Eurozone and the United States. The results and cash flows of these operations have been translated into sterling at an average rate for the year of a1 = £0.68 (2005: a1 = £0.68) and £1 = US$1.84 (2005: £1= US$1.82). Assets and liabilities have been translated at the year end rate of a1 = £0.67 (2005: a1 = £0.69) and £1 = US$1.96 (2005: £1= US$1.72). | 88 | annual_report |
gb_prudential-AR_2006 | 4,895 | (2005: £(1) million). The following table shows the amounts of gross unrealised losses for fixed maturity securities classified as availablefor -sale under IFRS in an unrealised loss position for the time periods indicated as at 31 December 2006 and 31 December 2005. | 42 | annual_report |
4634 | 1,337 | Pursuant to the Mediation Agreement, Ambac Assurance transferred $30,000 to an escrow account on March 15, 2012. The Mediation Agreement provides that such amount shall be released from escrow to the Company on the “Plan Settlement Closing Date,” which is defined in the Mediation Agreement as a date that shall occur no later than ten business days following the date on which each of the following conditions has been satisfied or waived by each of the parties to the Amended Plan Settlement: (i) entry of a final, non-appealable order by the Rehabilitation Court approving the transactions contemplated by the Mediation Agreement; (ii) entry of a final, nonappealable Confirmation Order by the Bankruptcy Court; | 113 | 10K |
NatixisSA-AR_2011 | 4,807 | (a) The difference corresponds to the interest generated on Deeply Subordinated Notes and on preference shares, i.e. -€256 million after tax savings and interest on payments of issuance fees of -€5 million. | 32 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2015 | 1,373 | Total net cash flows as at the end of 2015 amounted to | 12 | annual_report |
NatwestGroupPLC-AR_2004 | 2,653 | The trust preferred securities and partnership preferred securities issued by the Group’s subsidiaries are deconsolidated, resulting in a US GAAP balance sheet reclassification from minority interests to subordinated liabilities. The effect on US GAAP net income and equity is negligible. | 40 | annual_report |
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