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5673 | 971 | Other assets primarily consist of right of use assets, prepaid expenses, and furniture, fixtures and equipment, net. See Note (14) Other Assets and Other Liabilities and Accrued Expenses. | 28 | 10K |
SwissLifeHoldingAG-AR_2006 | 2,232 | Non-current assets held for sale as at 31 December 2006 consist of foreclosed property. | 14 | annual_report |
PhoenixGroupHoldingsPLC-AR_2013 | 665 | The Group undertakes regular monitoring activities in relation to market risk exposure, including the monitoring of asset mixes, cash flow forecasting and stress and scenario testing. In response to this, the Group may implement de-risking strategies to mitigate against unwanted customer and shareholder outcomes. The Group also maintains cash buffers in its holding companies to reduce reliance on emerging cash flows. | 61 | annual_report |
SwissLifeHoldingAG-AR_2020 | 587 | The stated amounts do not include social security contributions (AHV/IV/ALV/FAK) payable by the employer under the law. The respective expenditure is shown in footnote 6 of the 2020 compensation table. | 30 | annual_report |
1477 | 321 | Gross gains of $16,764,844, $16,414,949, and $8,165,216 and gross losses of $16,740,314, $6,350,927, and $4,978,908, were realized on the sale of available-for-sale equity securities during 2000, 1999 and 1998. Included in gross realized losses during 2000, 1999 and 1998 are adjustments to the carrying value of available-for-sale equity securities of $5,733,000 $1,017,000, and $1,356,000 respectively, relating to declines in value which were considered by management to be other than temporary. Net realized gains from the sale of equity securities have been increased by $302,629, $(229,861), and $(100,929) in 2000, 1999 and 1998 respectively, due to amortization of deferred policy acquisition costs. In addition, net realized gains from the sale of available-for-sale equity securities have been reduced by $207,369, $702,771, and $237,094 in 2000, 1999 and 1998, respectively, for incentive and guaranty fees earned by the portfolio manager and costs associated with operating a brokerage margin account. Under terms of this brokerage margin account, Morgan Stanley & Company, Inc. permits 50% of the value of securities held in the account to be purchased on margin. At December 31, 1999, margin advances of $100,884 were outstanding and included in the financial statements with accrued expenses and other liabilities. | 196 | 10K |
45 | 764 | Certain amounts in the 1993 and 1992 financial statements have been reclassified to conform with the 1994 presentation. | 18 | 10K |
5250 | 1,027 | Total rent expense, including rent relating to cancelable leases and leases with initial terms of less than one year, amounted to $134.2 million in 2016, $121.6 million in 2015 and $122.0 million in 2014. | 34 | 10K |
ScorSE-AR_2016 | 3,886 | The related party agreements executed in 2016 or continued during 2016, as defined by Articles L. 225-38 et seq of the French Commercial Code are the subject of a specific report by the Statutory Auditors in Section 2.3.3. | 38 | annual_report |
SwissLifeHoldingAG-AR_2004 | 1,716 | Policyholder bonuses and other policyholder liabilities –1 697 –1 820 –3 517 | 12 | annual_report |
AegonNV-AR_2016 | 1,800 | Aegon does not, however, consider this exposure to be material from an asset liability management perspective. The Company holds its capital base in various currencies in amounts that correspond to the book value of individual business units. | 37 | annual_report |
4751 | 1,491 | NMIH is not subject to any limitations on its ability to pay dividends except those generally applicable to corporations that are incorporated in Delaware, such as NMIH. Delaware corporation law provides that dividends are only payable out of a corporation's capital surplus or (subject to certain limitations) recent net profits. As of December 31, 2012, NMIH's capital surplus was approximately $489 million. NMIH assets, which, excluding investment in NMIC and Re One, are approximately $276 million at December 31, 2013, are unencumbered by any debt or other subsidiary commitments or obligations. As such, at December 31, 2013, NMIH had sufficient resources to downstream to either insurance subsidiary the cash necessary to fully comply with all commitments. The insurance subsidiaries are both mono-line mortgage guaranty insurance companies and the assets of each are dedicated only to the support of direct risk and obligations of each mortgage insurance entity. NMIC only writes direct mortgage guaranty insurance business and assumes no business from any other entity. Re One only assumes business from NMIC to allow NMIC to comply with statutory risk requirements. Neither NMIC nor Re One have subsidiaries, and therefore do not have risks and obligations that compete for its resources, and neither entity counts a subsidiary's asset in their admitted statutory assets. | 211 | 10K |
fr_axa-AR_2000 | 2,063 | Members of the Supervisory Board are generally appointed for a four year-term. The Supervisory Board appoints a Chairman and a Vice-Chairman from among its members. The Chairman calls and presides over the meetings of the Supervisory Board. | 37 | annual_report |
StandardLifeAberdeenPLC-AR_2013 | 3,372 | UK and Europe covered business also includes: • Non-insured self invested personal pension (SIPP) business • Those elements of Wrap business that are contained within a long-term product wrapper, i.e. bonds, SIPPs and mutual funds • Mutual funds sold by the UK business • The Group’s offshore bond business which is sold by Standard Life International Limited (SLIL). | 58 | annual_report |
4995 | 719 | At December 31, 2014 and December 31, 2013, the Company had an equity investment in Majestic with a carrying value of $168,000 and $89,000, respectively. For years 2014, 2013 and 2012, the Company recorded $79,000, $(20,000) and $57,000, respectively, for its share of income (loss) from its investment in other income in the Consolidated Statements of Income. | 57 | 10K |
nl_ing_grp-AR_2015 | 1,287 | Legislative and regulatory developments The Bank Resolution and Recovery Directive (“BRRD”) was implemented in Dutch law in 2015. Although banks in distress are the focal point of the BRRD, certain provisions must be applied outside situations of distress. One of these requires companies subject to the BRRD, including ING Group, at all times to maintain sufficient authorised share capital to permit the issue of as many ordinary shares as required for a potential future bail-in. The BRRD also permits, subject to certain conditions, a reduction in the convocation period for shareholders meetings from 42 days (the Dutch standard) to 10 days. Proposals related to the implementation of the foregoing will be included in the proxy materials for the 2016 Annual General Meeting. | 122 | annual_report |
1074 | 455 | OGGI, the Insurance Companies and the individual defendants filed a motion for summary judgment with respect to the remaining constitutional claims on July 13, 1998. On March 5, 1999, the Court granted the motion with respect to the two remaining counts under the U.S. Constitution and retained supplemental jurisdiction over the remaining state law claims. | 55 | 10K |
ScorSE-AR_2017 | 401 | The return on invested assets in 2017 was 3.5% as compared to 2.9% in 2016 and 3.1% in 2015. | 19 | annual_report |
SwissLifeHoldingAG-AR_2010 | 758 | Swiss Life — Financial Statements 2010 123 6 Earnings per Share 123 7 Premiums, Policy Fees and Deposits Received 125 8 Details of Certain Items in the Consolidated Statement of Income 130 10 Financial Assets and Liabilities at Fair Value through Profit or Loss 131 11 Financial Assets Available for Sale 132 12 Financial Assets Pledged as Collateral 132 13 Loans and Receivables 134 14 Financial Assets Held to Maturity 135 15 Investment Property 136 16 Investments in Associates 137 17 Property and Equipment 138 18 Intangible Assets including Intangible Insurance Assets 141 19 Other Assets and Liabilities 141 20 Investment Contracts 145 22 Other Financial Liabilities 146 23 Insurance Liabilities and Reinsurance Assets 148 24 Employee Benefits 152 25 Income Taxes 158 28 Capital Management 159 29 Acquisitions and Disposals of Subsidiaries 161 30 Assets Held for Sale and Discontinued Operations 162 31 Related Party Transactions 164 32 Assets under Management 165 33 Fair Value of Financial Instruments 167 34 Guarantees and Commitments 169 36 Future Minimum Lease Payments under Non-Cancellable Operating Leases – Lessor 169 37 Events after the Reporting Period 170 38 Scope of Consolidation 176 Report of the Statutory Auditor | 194 | annual_report |
4022 | 1,719 | Salaries and employee benefits increased $6.4 million, or 11.4%, to $62.9 million in 2008, from $56.4 million in 2007. Included in the $62.9 million were salaries and employee benefits related to ProCentury of $9.1 million. Excluding the salaries and employee benefits related to ProCentury, overall salaries and employee benefits would have decreased $2.6 million. This decrease primarily reflected a decrease in variable compensation. The decrease in variable compensation, in comparison to 2007, reflected the increase in our targeted measure for earning variable compensation. In addition, this decrease was the result of a decrease in profit sharing commissions. The decrease in profit sharing commissions was the result of our purchase of an excess liability book of business. As a result of us owning the book of business, we no longer pay the profit sharing commissions. | 134 | 10K |
5536 | 1,012 | As of December 31, 2018 and 2017, the non-rated securities shown above were comprised of 56% and 58%, respectively, of corporate private placement securities for which we have not sought individual ratings from the NRSRO, and 30% and 31%, respectively, of RMBS, many of which were acquired at a significant discount to par. We rely on internal analysis of credit risk and designations assigned by the NAIC. As of December 31, 2018 and 2017, 92% and 94%, respectively, of the non-rated securities were designated NAIC 1 or 2. | 88 | 10K |
4766 | 1,294 | In October 2012, Alleghany’s Board of Directors authorized the repurchase of shares of Common Stock, at such times and at prices as management determines advisable, up to an aggregate of $300.0 million. | 32 | 10K |
gb_prudential-AR_2015 | 1,559 | — Non-executive Directors may hold positions on a number of external company boards or other bodies provided that they are able to demonstrate satisfactory time commitment to their role at Prudential and that they discuss any new appointment with the Chairman prior to accepting. This ensures that they do not compromise their independence and that any potential conflicts of interest or possible issues arising out of the time commitments required by the new role can be identified and addressed appropriately. | 80 | annual_report |
fr_axa-AR_2009 | 4,888 | and through the fi nancing of its activities as part of its equity and debt management. These two distinct sets of risks can be summarized as follows: MARKET RISK AND ASSET LIABILITY MANAGEMENT OF INSURANCE PORTFOLIOS | 36 | annual_report |
fr_axa-AR_2009 | 11,853 | Chief Executive Offi cer shall be subject to prior authorization by the Board. | 13 | annual_report |
2946 | 3,751 | Net amount at risk represents the difference between guaranteed benefits and account balance. | 13 | 10K |
NatixisSA-AR_2009 | 2,387 | The plan also includes changes to the pricing scale, which will allow a better balance to be achieved in insurance policies over a two-year period. | 25 | annual_report |
1699 | 512 | Our investment portfolio in 1999 was hurt by a general decrease in prices in the U.S. bond markets, which resulted in investment losses on sales of fixed income securities during the year. | 32 | 10K |
4115 | 904 | Weak economic conditions in 2009 continued to challenge Aflac’s sales results in the United States. The following table presents Aflac’s U.S. total new annualized premium sales for the years ended December 31. | 32 | 10K |
2570 | 582 | Interest rate risk includes the price sensitivity of a fixed maturity security to changes in interest rates, and the affect on future earnings from short-term investments and maturing long-term investments given a change in interest rates. The following analysis illustrates the sensitivity of the Company's financial instruments to selected changes in market rates and prices. A hypothetical one percent increase in interest rates as of December 31, 2004 would result in a corresponding pre-tax decrease in the fair value of the fixed maturity portfolio of approximately $39,229,000, or 5.6 percent. In addition, a hypothetical one percent decrease in interest rates at December 31, 2004 would result in a corresponding decrease in pre-tax income over the next twelve months of approximately $1,463,000, assuming the current maturity and prepayment patterns. The Company monitors interest rate risk through the analysis of interest rate simulations, and adjusts the average duration of its fixed maturity portfolio by investing in either longer or shorter term instruments given the results of interest rate simulations and judgments of cash flow needs. The effective duration of the Company's fixed maturity portfolio at December 31, 2004 was 5.19 years. | 189 | 10K |
4386 | 652 | In April 2011, the Financial Accounting Standards Board (“FASB”) updated the accounting standards for troubled debt restructurings. The new standard includes indicators that a lender should consider in determining whether a borrower is experiencing financial difficulties and provides clarification for determining whether the lender has granted a concession to the borrower. The standard sets the effective dates for troubled debt restructuring disclosures required by recent guidance on credit quality disclosures. The standard is effective for interim and annual periods beginning on or after June 15, 2011, and is to be applied retrospectively to modifications occurring on or after the beginning of the annual period of adoption. For purposes of measuring impairments of receivables that are considered impaired as a result of applying the new guidance, the standard should be applied prospectively for the interim or annual period beginning on or after June 15, 2011. The Company adopted the standard in the third quarter of 2011. The adoption did not have any effect on the Company’s consolidated financial condition and results of operations. See Note 6 for the required disclosures. | 179 | 10K |
fr_axa-AR_2019 | 5,939 | As a consequence of the loss of control of AXA Group over | 12 | annual_report |
ScorSE-AR_2010 | 2,580 | In connection with its asset-liability matching strategy, SCOR hedges the equity index annuities portfolio through various call options on one or more of the following indices: S&P 500, NASDAQ, Euro Stoxx 50, London World Community. For these annuities, policyholder values are credited based on the performance of a specified index, over the counter options are purchased as investments to provide the income needed to fund the index credits. Any basis risk and risk associated with actual versus expected assumptions for mortality and lapse rates are retained by the Group. | 89 | annual_report |
RSAInsuranceGroupPLC-AR_2018 | 2,404 | Article 143 of the Articles of Association provides that, among other things and insofar as permitted by law, the Company may indemnify its directors against any liability and may purchase and maintain insurance against any liability. The Company has granted an indemnity to each of the directors pursuant to the power conferred by Article 143 of the Articles of Association. The indemnities granted constitute qualifying third-party indemnity provisions, as defi ned by section 234 of the Companies Act 2006, and is in addition to appropriate insurance cover. The Company believes that it promotes the success of the Company to provide this indemnity to its directors in order to ensure that the Group attracts and retains high calibre directors through competitive terms of employment in line with market standards. | 128 | annual_report |
4469 | 981 | Net realized capital gains were $6.9 million in 2011 compared to net realized capital gains of $101.9 million in 2010 and net realized capital losses of $2.3 million in 2009. In 2011, we recorded $27.5 million of net realized capital gains from sales of fixed maturity and equity securities, partially offset by $16.2 million of other-than-temporary impairments and $4.4 million of net realized capital losses due to fair value re-measurements on fixed maturity and equity securities. The gains and losses on the sales of fixed maturity securities included the impact of selling part of our municipal bond portfolio as credit concerns arose in this market sector. In 2010, we recorded $70.4 million of gains due to fair value re-measurements on fixed maturity and equity securities, $34.5 million of net realized capital gains from sales of fixed maturity and equity securities, partially offset by $3.0 million of other-than-temporary impairments on fixed maturity securities. The gains on the sales of fixed maturity securities included selling securities in foreign currencies, which reduced our exposure to future currency fluctuations. The losses included the impact of selling part of our municipal bond portfolio in the latter part of the year as credit concerns arose in this market sector. We were able to carry these realized losses back for income tax purposes to offset previously realized gains. This carry back availability expired at the end of 2010. In 2009, we recorded $29.4 million of net realized capital losses from sales of fixed maturity and equity securities and $13.2 million of other-than-temporary | 255 | 10K |
HelvetiaHoldingAG-AR_2013 | 2,457 | An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected de pend on the auditor’s judgement, including the assessment of the risks of material mis statement of the consolidated financial statements, whether due to fraud or error. In mak ing those risk assessments, the auditor considers the internal control system relevant to the entity’s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control system. An audit also includes evaluating the appropriateness of the accounting poli cies used and the reasonableness of accounting estimates made, as well as evaluating the overall presentation of the consolidated financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. | 158 | annual_report |
AvivaPLC-AR_2008 | 2,437 | Profit/(loss) before tax 573 142 1,316 (38) 44 132 (322) 1,847 Tax attributable to policyholders’ | 15 | annual_report |
468 | 534 | In addition, Resource America, Inc., has guaranteed certain mortgage notes held by APL with a carrying amount of $8,000,000 as of December 31, 1996. | 24 | 10K |
3670 | 2,693 | U.S. regulatory deposits. As at December 31, 2008, Aspen Specialty had a total of $6.8 million (2007 - $6.9 million) on deposit with U.S. states in order to satisfy state regulations for writing business in those states. | 37 | 10K |
de_allianz-AR_2017 | 1,206 | Allianz shares in Oldenburgische Landesbank AG were transferred to the buyer on 7 February 2018. For further information, please refer to note 3 to the consolidated financial statements. | 28 | annual_report |
5797 | 1,951 | On August 13, 2018, Watford Re executed a Master Confirmation of Total Return Swap Transactions, or the Master TRS, with Credit Suisse International, or CSI, under the ISDA Master Agreement between Watford Re and CSI dated as of April 24, 2014. Under the Master TRS, we can from time to time execute total return swap transactions referencing loan obligations. The purpose of the Master TRS is to allow us to obtain leveraged exposure to loan obligations in a cash efficient manner. Since each transaction will be confirmed separately, the Master TRS is uncommitted and does not have a maximum facility size. Each confirmed transaction executed under the Master TRS will expire on the earlier of (i) the repayment date of the underlying reference loan or (ii) the date specified in the confirmation, which cannot be later than 360 days after the date of the confirmation, provided that each transaction will automatically extend for a further 360 days unless certain events have occurred. Under the terms of the Master TRS, we are required to post collateral to CSI under our ISDA Credit Support Annex with CSI to support our obligations under each transaction. The collateral will comprise an initial amount, determined on a transaction-by-transaction basis, plus an amount calculated on the basis of the daily mark-to-market value of the transaction. Under each transaction, CSI will pay to us an amount equal to the amounts received by a lender of the specified principal amount under the relevant reference loan and, if the transaction is terminated before the loan is repaid, an amount based on the change in market value of the loan. We have the option to terminate any transaction at will, subject to paying a break fee, and CSI can terminate transactions if certain events occur, including the unavailability of market prices for the relevant loan, CSI being unable to hedge the relevant transaction or certain changes of law or regulation. | 320 | 10K |
2982 | 1,058 | Also included in the loss for 2006 was $14.8 million of costs primarily related to after-tax net costs related to employee severance costs, net costs of transition services, operations conversion expenses and other litigation matters. The Company provided transition services to Goldman Sachs from the December 30, 2005 closing through December 31, 2006. These services included policy and claims processing, accounting and reporting, and other administrative services. During 2006, the Company earned pre-tax revenues of $16.5 million and incurred pre-tax costs of $32.8 million relating to transition services. These transition services were substantially completed as of December 31, 2006. | 99 | 10K |
5340 | 17,751 | The following table presents maturities of long-term debt (including unamortized original issue discount, hedge accounting valuation adjustments and fair value adjustments, when applicable), excluding $4.4 billion in borrowings of debt of consolidated investments: | 33 | 10K |
2194 | 3,751 | The following table sets forth the components of the net periodic post-retirement benefit costs for the year ended December 31 (in 000's): | 22 | 10K |
1929 | 1,122 | Currently, our portfolio is actively managed to maximize total return within certain specific guidelines. The effect of financial market movements on the investment portfolio will directly impact net realized gains and losses as the portfolio is adjusted and rebalanced. | 39 | 10K |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2010 | 597 | the development of the insurance portfolio is modelled by applying the current expectations for biometrics, lapses and costs. In primary insurance, the participation of policyholders in surplus is modelled according to the current planning and in line with the statutory regulations. For the individual companies, the tax rates and calculations used are based on national regulations; in addition, tax loss carry-forwards are included in the calculation. Withholding taxes on dividends paid by group companies are disregarded. the cost of capital includes not only the taxes and costs of investment management but also the not explicitly modelled risks of the business and, for health primary insurance, the participation of policyholders in surplus. | 111 | annual_report |
4546 | 771 | Realized gains and losses on sales and redemptions are computed based on specific identification. The non-credit related portion of OTTI is included in other comprehensive income (loss). The amounts of non-credit OTTI for securities still owned was $1.0 million for non-agency backed residential CMOs and $0.2 million for non-agency backed commercial CMOs at both December 31, 2012 and 2011, and $1.1 million for non-agency backed residential CMOs and $0.2 million for non-agency backed commercial CMOs at June 30, 2011. | 79 | 10K |
HannoverRueckSE-AR_2014 | 1,997 | MUA Insurance Acceptances (Pty) Ltd., Cape Town / South Africa 40.80 ZAR 13,232 5,603 | 14 | annual_report |
INGGroepNV-AR_2016 | 7,916 | Throughout the year challenges and issues are discussed with and brought to our attention by different stakeholders. In the table below, we provide a snapshot of the key issues from 2016. | 31 | annual_report |
gb_prudential-AR_2016 | 6,777 | Company constitution Prudential is governed by the Companies Act 2006, other applicable legislation and regulations, and provisions in its Articles. Any change to the Articles must be approved by special resolution of the shareholders. There were no changes to the constitutional documents during 2016. The Memorandum and Articles are available on the Company’s website. | 54 | annual_report |
347 | 201 | The Company's strategic plan includes initiatives to further reduce operating expenses, primarily as they relate to TITAN Auto. Accordingly, the Company anticipates continued improvement in the expense ratio. This will enable the Company to underwrite TITAN Auto at a somewhat higher loss ratio and become more competitive in the marketplace while continuing its focus on profitability. | 56 | 10K |
SwissReAG-AR_2016 | 4,704 | A key aspect of our People Strategy is to prevent stereotyping of individuals based on any dimensions of diversity. It centres on raising awareness of the “unconscious biases” that every one of us have, which can unintentionally influence our decision-making and our behaviour towards others. | 45 | annual_report |
5673 | 1,569 | The U.S. federal rate is before the consideration of rate reconciling items. A reconciliation of the expected federal income tax expense on income from continuing operations using the federal statutory income tax rate to the actual income tax expense and resulting effective income tax rate is as follows for the periods indicated below: | 53 | 10K |
1960 | 784 | recorded when it is more likely than not that some or all of the deferred tax assets will not be realized. Due to Trenwick America's cumulative losses generated in recent years and uncertainties as to the amount of taxable income to be generated in future years, as of December 31, 2002, Trenwick America management could not support the future realizability of its net deferred tax asset. The effects of this determination on Trenwick America's results from operations are significant. As of December 31, 2002, Trenwick America had increased its valuation allowance by $118.9 million, so as to record a full valuation allowance for the full amount of its net deferred tax asset. Also see Note 8 of Notes to be Consolidated Financial Statements. | 123 | 10K |
fr_axa-AR_2000 | 811 | Segment – UK Life Insurance Group”). At December 31, 2000, assets allocated to the UK with-profit contracts | 17 | annual_report |
StandardLifeAberdeenPLC-AR_2020 | 478 | Viability statement The assessment set out below is based on information known today. | 13 | annual_report |
StandardLifeAberdeenPLC-AR_2014 | 4,349 | Time value of options and guarantees (TVOG) Represents the potential additional cost to equity holders where a financial option or guarantee exists which affects policyholder benefits and is exercisable at the option of the policyholder. | 35 | annual_report |
AegonNV-AR_2018 | 1,954 | Aegon USA (Life entities) 350% – 450% RBC Company Action Level | 11 | annual_report |
AegonNV-AR_2007 | 3,623 | The assets of the scheme are held in policies effected with | 11 | annual_report |
ScorSE-AR_2011 | 3,472 | Other changes (including change in shadow accounting) - - - (46) - (46) (61) - (61) | 16 | annual_report |
4755 | 1,921 | Net premiums written, net premiums earned and losses and loss expenses and life policy benefits are reported net of reinsurance in the Company’s Consolidated Statements of Operations. Assumed, ceded and net amounts for the years ended December 31, 2013, 2012 and 2011 were as follows (in thousands of U.S. dollars): | 50 | 10K |
2989 | 1,849 | In our technical services segment we assume environmental liabilities in exchange for remediation fees and contracts to perform the required remediation in accordance with the underlying remediation agreements. We estimate our initial and ongoing ultimate liabilities for such environmental remediation obligations using actual experience, past experience with similar remediation projects, technical engineering examinations of the contaminated sites and state, local and federal guidelines. However, we cannot assure you that actual remediation costs will not significantly differ from our estimated amounts. We continually review our estimates for ultimate remediation costs taking into account all currently known information and updated assumptions related to unknown information. Any adjustments to previously established liabilities, resulting from a change in our estimates, may significantly impact our current period operating results. As of December 31, 2006, we had assumed two environmental remediation projects for which we have recorded an estimated liability of $3.3 million. | 147 | 10K |
AvivaPLC-AR_2009 | 4,495 | Sensitivities will also vary according to the current economic assumptions, mainly due to the impact of changes to both the intrinsic cost and time value of options and guarantees. Options and guarantees are the main reason for the asymmetry of the sensitivities where the guarantee impacts to different extents under the different scenarios. This can be seen in the sensitivity of a 1%–2% movement in the interest rate for Delta Lloyd and US, where there is a significant amount of business with investment return guarantees. | 85 | annual_report |
625 | 1,207 | Restrictions on Transfer of Funds and Assets of Subsidiaries Payments of dividends, loans and advances by AFG's subsidiaries are subject to various state laws, federal regulations and debt covenants which limit the amount of dividends, loans and advances that can be paid. Under applicable restrictions, the maximum amount of dividends available to AFG in 1998 from its insurance subsidiaries without seeking regulatory clearance is approximately $221 million. Total "restrictions" on intercompany transfers from AFG's subsidiaries cannot be quantified due to the discretionary nature of the restrictions. | 86 | 10K |
SwissLifeHoldingAG-AR_2006 | 598 | In Germany, Swiss Life launched the “Salon Palais Leopold” series of events. Decision-makers from the worlds of business, politics and media hold regular discussions on important social and political subjects. The subsidiary in Germany also helped to set up the new EuropVital e.V. | 43 | annual_report |
3562 | 1,703 | The combined balance of our consolidated net unrealized gain on trading securities and other income, net was $10.0 million during the 2006 period, an increase of $11.0 million on both an actual and comparable basis. This increase is attributable to unrealized equity securities gains in our trading portfolios. The unrealized loss in 2005 arose upon the sale of securities in a gain position to take advantage of the temporary reduction in capital gains tax rate, as discussed above. | 78 | 10K |
HannoverRueckSE-AR_2017 | 2,425 | Reinsurance recoverables on benefit reserve – – 959,533 1,189,420 – – 959,533 1,189,420 | 13 | annual_report |
5475 | 1,172 | Property and equipment are reported in the consolidated financial statements at cost. Depreciation of property and equipment has been provided using the straight-line method over the estimated useful lives of such assets. Repairs and maintenance are recognized in operations during the period incurred. Land is not depreciated. The Company estimates useful life to be thirty to forty years for buildings; five to fifty years for site improvements; three to ten years for leasehold improvements; three to ten years for furniture and equipment; and three to five years for computer hardware. | 90 | 10K |
nl_ing_grp-AR_2018 | 5,233 | administered multi-seller asset backed commercial paper (ABCP) conduit Mont Blanc Capital Corp. | 12 | annual_report |
265 | 330 | The terms of the Fidelity Pennsylvania (formerly Meridian Title Insurance Company) acquisition provided $31 million of additional claim loss protection for Fidelity Pennsylvania and ATIC policies issued on or before December 31, 1991. As part of the acquisition, Fidelity Pennsylvania paid its former parent company, Meridian Bank, a cash dividend of $11 million and Meridian Bank retained a $20 million investment in ATIC Redeemable Series A Preferred Stock ("ATIC Preferred Stock"). Under certain circumstances, Meridian Bank would be required to repay the Company some or all of the dividend and relinquish some or all of the redemption value of the ATIC Preferred Stock as reimbursement for excess claims incurred by Fidelity Pennsylvania and ATIC over the reserves established at December 31, 1991 for policies issued on or before December 31, 1991. On March 31, 1994, the Company purchased from Meridian Bank the ATIC Preferred Stock for $15.5 million, which represented a discount of approximately $6.2 million. As part of the agreement with Meridian Bank to purchase the ATIC Preferred Stock, the Company released Meridian Bank from its obligations to provide an additional $11 million in claims protection pursuant to the purchase agreement for Fidelity Pennsylvania and ATIC. The Company believes that the loss reserves for Fidelity Pennsylvania and ATIC, when combined with the $6.2 million reduction in the purchase price of the ATIC Preferred Stock, which has been added to reserves for claim losses, will be sufficient to meet pre-1992 policy claims. This $11 million, in addition to the $20 million of ATIC Preferred Stock, had been available as | 259 | 10K |
TrygAS-AR_2009 | 1,300 | 82 of 148 l Statement by the Supervisory Board and the Executive Management l Annual report 2009 | 17 | annual_report |
4612 | 1,633 | Our Traditional Insurance segment consists of three major lines of business. Senior Market includes Medicare supplement, senior dental and hospital indemnity products. Specialty Health includes disability, specified disease, hospital, surgical and long-term care products. Life Insurance and Annuities includes whole life, universal life and annuity products. We discontinued marketing and selling Traditional insurance products after June 1, 2012. | 58 | 10K |
RSAInsuranceGroupPLC-AR_2010 | 1,771 | Long term incentive scheme interests held during 2010 in respect of the ordinary shares of the Company are as follows: Share Matching Plan vested awards | 25 | annual_report |
NatwestGroupPLC-AR_2016 | 454 | UK infrastructure The UK has a significant need for new infrastructure, such as energy, transport and communications systems. Finance is one of the requirements for providing this, meaning banks have a key role. | 33 | annual_report |
SwissLifeHoldingAG-AR_2019 | 456 | Nils Frowein has been Chairman of the Swiss Life subsidiary Chase de Vere in the UK since 2010 and since 2011 Chairman of the Supervisory Board of Swiss Life Select Austria and the Czech Republic. | 35 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2010 | 313 | Written premium by payment type - life insurance 2010 2009 % | 11 | annual_report |
NatixisSA-AR_2018 | 6,833 | Of which €44,444 million for insurance activities at December 31, 2017.(a) | 11 | annual_report |
ASRNederlandNV-AR_2016 | 4,274 | 5.10.3.18 Auditor’s fees • With reference to Section 2:382a(1) and (2) of the Netherlands Civil Code, the following fees for the financial years have been charged by EY Accountants LLP (2016) and KPMG Accountants N.V. (2015) to the Company, its subsidiaries and other consolidated entities; • Fees for audit engagements: these include fees paid for the audit of the consolidated and company financial statements, quarterly reports and other reports; • Fees for non-audit services: these include fees for support and advisory services provided during acquisitions. | 85 | annual_report |
AegonNV-AR_2019 | 254 | Aegon is an integrated, diversified financial services group that offers innovative and effective savings and protection solutions for customers worldwide. Aegon traces its roots back to the 19th century. We now serve more than 20 countries, with 29.9 million customers and EUR 898 billion of revenue-generating investments. Our holding company, Aegon N.V., is headquartered in The Hague, the Netherlands. | 59 | annual_report |
RaiffeisenBankInternationalAG-AR_2018 | 2,333 | The planning assumptions are based on internal and external sources. Macroeconomic assumptions were compared with external data sources and the 5-year plan and were presented to the managers of the company. The planning was approved by the Supervisory Board. | 39 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2020 | 2,199 | Our main market risk exposure with regard to our technical provisions is interest-rate risk. A distinction must be made between risks of changes in interest rates on the one hand and interest-rate guarantee risks on the other. Risks of changes in interest rates would result from the discounting of the provision for future policy benefits and of parts of the provision for outstanding claims. In accordance with accounting valuation rules, the discount rate is fixed at contract commencement and will generally not be adjusted during the term of the contract. To this extent, the accounting valuation of these technical provisions does not depend directly on the level of the market interest rates. Economically, however, an interest-rate risk derives in principle from the need to earn a return on the investments covering the provision that is commensurate with the discount rate used in measuring the provision. | 145 | annual_report |
4992 | 661 | In accordance with the terms of the 1981 Stock Purchase Plan (1981 Plan), the Company is obligated to repurchase shares issued under the 1981 Plan, at a price equal to 90% of the book value of the shares at the end of the quarter immediately preceding the date of repurchase. A limited number of shares have ever been repurchased under the 1981 Plan. At December 31, 2014, there were 121,286 shares (Class A) and 339,546 shares (Class B) outstanding which remain eligible for repurchase by the Company. | 87 | 10K |
AvivaPLC-AR_2007 | 2,573 | Transfers from property and equipment 10 31 41 Foreign exchange rate movements 210 39 249 | 15 | annual_report |
fr_axa-AR_2009 | 12,465 | Certain local AXA entities have started to include environmental considerations in their profi t sharing agreement. For example, | 18 | annual_report |
fr_axa-AR_1999 | 4,183 | – Dilution of AXA’s ownership of SLPH due to the GRE | 11 | annual_report |
5144 | 631 | A mortgage loan reserve is established and adjusted based on Management's quarterly analysis of the portfolio and any deterioration in value of the underlying property which would reduce the net realizable value of the property below its current carrying value. The Company acquired the discounted mortgage loans at below contract value, and believes that it will fully recover its carrying value upon disposal, therefore no reserve for delinquent loans is deemed necessary. Those not currently paying are being vigorously worked by Management. The current discounted commercial mortgage loan portfolio has an average price of 39.0 % of face value and Management has determined that this deep discount provides a financial cushion or built in allowance for any of the loans that are not currently performing within the portfolio of loans purchased. The mortgage loan reserve was $0 at December 31, 2015 and 2014. | 143 | 10K |
4761 | 467 | The estimated cumulative impact that this additional, unexpected 10% increase in the loss cost trend would have on our results of operations over the lifetime of the underlying claims in other & product liability is an increase of $81.1 million on reserves, or a $52.7 million reduction to net income, assuming a tax rate of 35%. Inflation changes have much more impact on the longer tail commercial lines like other & product liability and workers’ compensation, and much less impact on the shorter tail personal lines’ reserves. | 87 | 10K |
5289 | 2,025 | The following table shows our capital structures at December 31, 2016 compared to December 31, 2015: | 16 | 10K |
HelvetiaHoldingAG-AR_2013 | 70 | Our risk management Risk management ensures that sufficient risk-bearing capital is available at all times to cover the risks assumed. Read more about this on page 38. | 27 | annual_report |
3440 | 576 | The Company has a geographic exposure to catastrophe losses in certain areas of the country. Catastrophes can be caused by various events including hurricanes, windstorms, earthquakes, hail, severe winter weather, explosions and fires, and the incidence and severity of catastrophes are inherently unpredictable. The extent of losses from a catastrophe is a function of both the total amount of insured exposure in the area affected by the event and the severity of the event. Most catastrophe losses are restricted to small geographic areas; however, | 84 | 10K |
PosteItalianeSpA-AR_2019 | 640 | � Collaboration agreements with startups for the development of innovative solutions in the financial services and payments area | 18 | annual_report |
3087 | 728 | Since August 29, 2005, the date that Hurricane Katrina first struck and caused extensive property damage to the U.S. Gulf Coast, we have paid approximately $16.2 million in claims on mortgage insurance written in areas damaged by Hurricanes Katrina and Rita (as designated by Freddie Mac, the “designated areas”) as of December 31, 2006, including approximately $12.7 million for claims received after August 29, 2005. | 65 | 10K |
2924 | 1,697 | The Company and its insurance company subsidiaries, as part of their normal operations in managing disability claims, are engaged in claim litigation where disputes arise as a result of a denial or termination of benefits. Most typically those lawsuits are filed on behalf of a single claimant or policyholder, and in some of these individual actions punitive damages are sought, such as claims alleging bad faith in the handling of insurance claims. For its general claim litigation, the Company and its insurance company subsidiaries maintain reserves based on experience to satisfy judgments and settlements in the normal course. Management expects that the ultimate liability, if any, with respect to general claim litigation, after consideration of the reserves maintained, will not be material to the consolidated financial condition of the Company. Nevertheless, given the inherent unpredictability of litigation, it is possible that an adverse outcome in certain claim litigation involving punitive damages could, from time to time, have a material adverse effect on the Company’s consolidated results of operations in a period, depending on the results of operations of the Company for the particular period. The Company is unable to estimate a range of reasonably possible punitive losses. | 197 | 10K |
RSAInsuranceGroupPLC-AR_2013 | 358 | Our key area of focus is to strengthen our pipeline of female employees in senior leadership positions. We have a number of initiatives under way, including a global female sponsorship programme, female networking events and mentoring programmes. Enhanced flexible working opportunities have been introduced, along with a new global recruitment policy and increased intake of females on our global talent programmes. In 2013, we entered into a partnership with Mumsnet, a UK social networking site for parents and carers, and RSA is a member of its Family Friendly Employer scheme. | 90 | annual_report |
gb_prudential-AR_2001 | 94 | WE ARE EXTREMELY WELL POSITIONED TO BENEFIT FROM THE GROWTH IN CUSTOMER DEMAND FOR ASSET ACCUMULATION AND INCOME IN RETIREMENT WITH A BUSINESS MODEL THAT HAS FINANCIAL STRENGTH AND DIVERSITY OF EARNINGS BY GEOGRAPHIC REGION AND PRODUCT. | 37 | annual_report |
DirectLineInsuranceGroupPLC-AR_2019 | 1,438 | The Committee monitored the progress of the Group’s implementation of the Insurance Distribution Directive, which regulates the way in which insurance products are designed and the information that must be provided to customers to assist them in buying cover appropriate to their needs. The Committee received updates from senior managers on the FCA’s expectations with regard to Insurance Distribution Directive implementation and scrutinised the changes to the Group’s quote and buy arrangements required to improve transparency and communication in customers’ best interests. | 82 | annual_report |
2825 | 3,991 | In July 2003, the Accounting Standards Executive Committee (“AcSEC”) of the American Institute of Certified Public Accountants (“AICPA”) issued Statement of Position 03-01, Accounting and Reporting by Insurance Enterprises for Certain Nontraditional Long-Duration Contracts and for Separate Accounts (the “SOP”). AcSEC developed the SOP to address the evolution of product designs since the issuance of SFAS No. 60, Accounting and Reporting by Insurance Enterprises, and SFAS No. 97, Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments. The SOP provides guidance related to the reporting and disclosure of certain insurance contracts and separate accounts, including guidance for computing reserves for products with guaranteed benefits, such as guaranteed minimum death benefits, and for products with annuitization benefits such as guaranteed minimum income benefits. In addition, the SOP addresses certain issues related to the presentation and reporting of separate accounts, as well as rules concerning the capitalization and amortization of sales inducements. The SOP was effective for financial statements on January 1, 2004. The adoption of the SOP did not have a material impact on the Predecessor’s consolidated financial position and results of operations. | 194 | 10K |
2695 | 1,831 | Premiums from non-participating group annuities with life contingencies, structured settlements with life contingencies and single premium immediate annuities with life contingencies are recognized when received. Benefits are recorded as an expense when they are incurred. When premiums are due over a significantly shorter period than the period over which benefits are provided, a liability for future policy benefits is recorded when premiums are recognized using the net level premium method and any gross premium in excess of the net premium is deferred and recognized into income in a constant relationship to the amount of expected future policy benefit payments. | 99 | 10K |
NatwestGroupPLC-AR_2017 | 86 | Today we have exited 26 countries and now have a more focused product set, underpinned by almost half the number of systems we previously had. Simplification will continue to be a key focus for the organisation in 2018. | 38 | annual_report |
3318 | 2,106 | Other Invested Assets-The fair value of other invested assets (residential mortgage-backed securities) is based on the present value of the estimated net future cash flows, including annual distributions. The carrying value of equity-method investments and cost-method investments approximates fair value. | 40 | 10K |
2110 | 710 | The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. | 58 | 10K |
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