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5675 | 700 | The table below reflects the impact of the LPT on Losses and LAE, which are recorded as a reduction to Losses and LAE incurred on our Consolidated Statements of Comprehensive Income. | 31 | 10K |
2819 | 1,420 | Section C shows the annual reestimation of those reserves, and after 10 years our revised reserves were $1,911.1. | 18 | 10K |
5370 | 1,364 | Our retroactive reinsurance claim liabilities include estimated liabilities for environmental, asbestos and other latent injury exposures of approximately $14.0 billion at December 31, 2017 and $13.7 billion at December 31, 2016. Retroactive reinsurance contracts are generally subject to aggregate policy limits and thus, our exposure to such claims under these contracts is likewise limited. We monitor evolving case law and its effect on environmental and other latent injury claims. Changing government regulations, newly identified toxins, newly reported claims, new theories of liability, new contract interpretations and other factors could result in increases in these liabilities, which could be material to our results of operations. We are unable to reliably estimate the amount of additional net loss or the range of net loss that is reasonably possible. | 126 | 10K |
NatixisSA-AR_2014 | 10,185 | The risk of loss from the inability of clients, issuers or other counterparties to honor their fi nancial commitments. Credit risk includes counterparty risk related to market transactions and securitization. | 30 | annual_report |
StandardLifeAberdeenPLC-AR_2012 | 775 | Governance This report discusses the remuneration arrangements for directors and other senior employees, including those identified as Code staff as defined by the Financial Services Authority remuneration code (FSA Code); it has been prepared in compliance with the Companies Act 2006 and related regulations (the Regulations) and the UK Corporate Governance Code. Those sections of the report which have been audited by KPMG are identified as such. | 67 | annual_report |
5061 | 1,848 | The following table summarizes the movements in the non-redeemable non-controlling interests balance from the acquisition date, July 31, 2015, to December 31, 2015: | 23 | 10K |
StandardLifeAberdeenPLC-AR_2017 | 1,992 | Adjustments have been made to update the profit measure to total adjusted profit before tax (including both third party and mature business) in the 2016 and 2017 LTIP measures and to reflect the enlarged Company in the targets which relate to the 2018 performance year onwards. | 47 | annual_report |
SwissReAG-AR_2020 | 4,412 | 21 Variable interest entities The Group enters into arrangements with variable interest entities (VIEs) in the normal course of business. The involvement ranges from being a passive investor to designing, structuring and managing the VIEs. The variable interests held by the Group arise primarily as a result of the Group’s involvement in certain insurance-linked securitisations, life and health funding transactions, swaps in trusts, debt financing, investment, senior commercial mortgage and infrastructure loans as well as other entities, which meet the definition of a VIE. | 84 | annual_report |
1679 | 575 | The capital infusion from the issuance of the Preferred Shares will enable us to increase underwriting capacity and therefore maximize participation in the new market environment. The closing of the Preferred Stock Investment is subject to customary closing conditions, including regulatory approval. The Company's shareholders approved the transaction on February 12, 2002. The State of Connecticut Insurance Department held a hearing to consider the investment on March 13, 2002 and, under Connecticut law, the Connecticut Insurance Commissioner is required to render her decision on the matter within thirty days of the conclusion of the hearing. | 95 | 10K |
1095 | 345 | We have audited the accompanying consolidated balance sheets of The Seibels Bruce Group, Inc. (a South Carolina corporation) (the Parent Company) and subsidiaries (collectively the "Company"), as of December 31, 1998 and 1997, and the related consolidated statements of operations, changes in shareholders' equity and cash flows for each of the three years in the period ended December 31, 1998. These financial statements and the schedules referred to below are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements and schedules based on our audits. | 93 | 10K |
HelvetiaHoldingAG-AR_2003 | 432 | Exchange Act in particular) and also from internal rules and regulations. The functions and duties assigned by the Board of Directors are described in the chart on page 15. The Board of Directors appoints the | 35 | annual_report |
4448 | 748 | On September 30, 2010, ING USA purchased the remaining 30% interest in PFP Holdings LP (“PFP”), an affiliate, from ING Clarion, an affiliate, for $11.0. The Company previously held a 70% equity interest in PFP. Immediately upon acquisition, PFP was dissolved as ING USA owned 100% of the limited partnership. This acquisition is treated as a combination of entities under common control (i.e. the comparative financial statements were revised and presented as if the transaction had occurred on the opening balance sheet date). | 83 | 10K |
2512 | 724 | Realized losses include both write-downs of securities with other-than-temporary impairments and losses from the sales of securities. During 2004, we wrote down six securities by a total of approximately $480,000. Further details on the significant write-downs in 2004 are as follows: | 41 | 10K |
SwissReAG-AR_2019 | 6,622 | WEF Alliance of CEO Climate Leaders The Alliance of CEO Climate Leaders is a global network of chief executive officers who see the business benefits of bold and proactive action to ensure a smooth transition to a low-carbon and climateresilient economy. www.weforum.org/projects/alliance-ofceo -climate-leaders | 43 | annual_report |
HannoverRueckSE-AR_2007 | 664 | Quality is further assured – especially at the level of the subsidiaries – by the actuarial reports and documentation required by local regulators. A key tool of our valuebased management and risk management in the area of life and health reinsurance is the European Embedded Value (EEV). This refers to the present value of future earnings from the worldwide life and health reinsurance portfolio – after appropriate allowance for all risks underlying the covered business. | 75 | annual_report |
20 | 658 | Earnings per share:* Income from operations $ .21 $ .14 $ .02 $ .33 Income from accounting changes .............. .26 - - - ----------- ----------- ----------- ----------- Net income .......... $ .47 $ .14 $ .02 $ .33 =========== =========== =========== =========== | 42 | 10K |
2665 | 5,552 | We closely monitor and manage our liquidity through long- and short-term planning that is integrated between the corporation, the business segments and investments. Allstate Financial manages the duration of assets and related liabilities through ALM, using a dynamic process that addresses liquidity utilizing the investment portfolio, and components of the portfolio as appropriate, which is routinely subjected to stress testing. Allstate Protection's underwriting cash transactions comprise millions of small transactions that make it possible to statistically determine reasonable expectations of patterns of liquidity, which are subject to volatility from unpredictable catastrophe losses. Allstate Protection monitors the duration of its assets and liabilities and maintains a portfolio of highly liquid fixed income and equity securities, including short-term investments, exchange-traded common stock, municipal bonds, corporate bonds, and U.S. government and government agency securities in order to address the variability of its cash flows. Discontinued Lines and Coverages' liabilities are expected to be paid over many years and do not present a significant liquidity risk. Allstate Financial and Allstate Protection also have access to funds from our commercial paper program. | 177 | 10K |
NatixisSA-AR_2017 | 1,593 | – Role and powersB Natixis’ Risk Committee has internal rules specifying its powers and its operating procedures, the latest version of which was approved by the Board of Directors on November 7, 2017. | 33 | annual_report |
5563 | 800 | Net change in unrealized loss on private company investments was an unrealized loss of $1.6 million in 2018 compared to $0.8 million in 2017. The increased loss in 2018 reflects a net increase in impairments and negative fair value adjustments on private company investments during the year ended December 31, 2018 compared to the year ended December 31, 2017. | 59 | 10K |
2924 | 639 | In the first quarter of 2004, the Company restructured its individual income protection - closed block business wherein three of its insurance subsidiaries entered into reinsurance agreements to reinsure approximately 66.7 percent of potential future losses that occur above a specified retention limit. The individual income protection - closed block reserves in these three subsidiaries comprise approximately 90 percent of the Company’s overall retained risk in the closed block of individual income protection. The reinsurance agreements effectively provide approximately 60 percent reinsurance coverage for the Company’s overall consolidated risk above the retention limit, which equaled approximately $8.0 billion in existing statutory reserves at the date of the transaction. The maximum risk limit for the reinsurer was approximately $783.0 million initially and grows to approximately $2.6 billion over time, after which any further losses will revert to the Company. These reinsurance transactions were effective as of April 1, 2004. The Company transferred cash equal to $521.6 million of reserves ceded in the Individual Income Protection - Closed Block segment plus an additional $185.8 million in cash for a before-tax prepaid cost of insurance which was deferred and is being amortized into earnings over the expected claim payment period covered under the Company’s retention limit. The Company retained the higher yielding investments historically associated with these reserves and redeployed these investments to other lines of business. | 224 | 10K |
3781 | 1,489 | c) Pricing models, the inputs for which are observable for substantially the full term of the asset or liability; and | 20 | 10K |
SwissLifeHoldingAG-AR_2004 | 432 | Swiss Life Group . Review of Operations 2004 . Corporate Governance at the University of Berne. Between 1984 and 1992, she practised business and media law in Zurich, Geneva and Washington DC. From 1992 to 1995 she served as Secretary General at SIG Swiss Industrial Company. Ms Tschudi then became a member of the Executive Board of WICOR Holding AG (“Weidmann Group”), Rapperswil in 1995, where she was Head of Corporate Development and from 1998 Head of Business Area Electrical Technology Asia/Pacific. She has been Chief Executive Officer and Managing Director of WICOR Holding AG since 2001. | 97 | annual_report |
4967 | 814 | The consolidated financial statements also include the operations and financial position of 518 Property Management and Leasing, LLC (“518 PML”), an Ohio limited liability company whose only members are State Auto P&C and Stateco. Farmers Casualty Insurance Company ("Farmers"), a former wholly owned subsidiary of State Auto Financial, was merged with State Auto P&C at the close of business on December 31, 2012. | 63 | 10K |
2801 | 1,029 | Net income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock and common stock equivalents outstanding during the periods presented. Options granted in accordance with the stock option plan were anti-dilutive for the years ended December 31, 2004 and were not taken into account in the computation. | 58 | 10K |
gb_prudential-AR_2013 | 1,192 | Skills and experience Ann began her career in 1976 with Sun Life of Canada, joining Mercantile & General Reinsurance Group in 1981, where she held a number of management roles rising to Senior Vice President and Controller for life and health and property/casualty businesses in North America in 1995. In 1996, Swiss Re acquired Mercantile & General Reinsurance Group and Ann became Chief Financial Officer of Swiss Re Life & Health, North America. In 1997, she was made Chief Executive Officer of Swiss Re Life & Health, Canada. She moved to London as Chief Financial Officer of Swiss Re Life & Health Division in 1998 and joined the Property & Casualty Business Group, based out of Zurich, as Chief Financial Officer on its establishment in 2001. From 2003 until February 2007, Ann was Chief Financial Officer of the Swiss Re Group. | 141 | annual_report |
de_allianz-AR_2008 | 3,060 | Purchase price Allianz Sigorta AŞ (47.1 %) 248 Purchase price Allianz Hayat ve Emeklilik AŞ (51.0 %) 125 Transaction costs — Total purchase price 373 | 25 | annual_report |
GjensidigeForsikringASA-AR_2020 | 3,286 | Impairment losses are reversed if the reversal can be related objectively to an event occurring after the impairment loss was recognised. The reversal shall not result in the carrying amount of the financial asset exceeding the amount of the amortised | 40 | annual_report |
1834 | 1,071 | Short-term investments and cash at December 31, 2001 were significantly higher than at December 31, 2000 due primarily to proceeds received from the sale of SAFECO Credit in August 2001. The cash received was invested in primarily short-term commercial paper and will be re-invested long term as the commercial paper matures during the first half of 2002. | 57 | 10K |
fr_axa-AR_2019 | 9,030 | Financial Instruments. The published eff ective date of IFRS 9 was January 1, 2018. However, given the interaction between financial assets and insurance liabilities, the IASB issued amendments to IFRS 4 allowing, under certain criteria, entities issuing insurance contracts within the scope of IFRS 4 to defer the implementation of IFRS 9 until the eff ective date of IFRS 17, but no later than January 1, 2021. Those amendments were adopted by the European Union on November 3, 2017. The Group is eligible for this temporary exemption and has decided to apply it. | 93 | annual_report |
5912 | 1,271 | Lloyd's Syndicates Segment. Initial reserves for Syndicate 1729 and Syndicate 6131 are primarily recorded using the loss assumptions by risk category incorporated into each Syndicate's business plan submitted to Lloyd's with consideration given to loss experience incurred to date (5% of our consolidated gross reserve for losses and loss adjustment expenses as of December 31, 2020). The assumptions used in each business plan are consistent with loss results reflected in Lloyd's historical data for similar risks. The loss ratios may also fluctuate due to the mix of earned premium from different open underwriting years which we participate in to varying degrees, as well as the timing of earned premium adjustments. Such adjustments may be the result of premiums for certain policies and assumed reinsurance contracts being reported subsequent to the coverage period and may be subject to adjustment based on loss experience. Premium and exposure for some of Syndicate 1729's insurance policies and reinsurance contracts are initially estimated and subsequently recorded over an extended period of time as reports are received under delegated underwriting authority programs. When reports are received, the premium, exposure and corresponding loss estimates are revised accordingly. Changes in loss estimates due to premium or exposure fluctuations are incurred in the accident year in which the premium is earned. | 212 | 10K |
3947 | 1,171 | Commercial property is our second largest business line. Net written premiums for 2009 increased slightly, largely due to more reinsurance ceded premium in 2008, including $4 million to reinstate coverage for our catastrophe reinsurance treaty. The overall declining trend in premium since 2007 also reflected pricing declines. | 47 | 10K |
5504 | 1,045 | The higher benefits expense associated with future policy benefits payable during 2016 primarily relates to reserve strengthening for our closed block of long-term care insurance policies acquired in connection with the 2007 KMG acquisition as more fully described below and in Note 18 to the consolidated financial statements included in Item 8. - Financial Statements and Supplementary Data. Certain health policies sold to individuals prior to 2014 (the first year plans compliant with the Health Care Reform Law were effective) are accounted for as long-duration as more fully described below. Benefits expense associated with future policy benefits payable in 2015 primarily reflects the release of reserves as individual commercial medical members transitioned to plans compliant with the Health Care Reform Law. | 121 | 10K |
1685 | 275 | Merrill Lynch Life's total sales decreased 24% during 2001, as compared to a 25% increase during 2000. During 2001, variable annuity sales decreased $320.0 million (or 23%) as compared to 2000, but continued to dominate overall sales by comprising 90%, 89%, and 86% of total direct premiums for 2001, 2000, and 1999, respectively. Management believes that variable annuity sales have been impacted by equity market volatility related to both the general economic slowdown, as well as the aftermath of the Attacks of September 11. | 84 | 10K |
2602 | 888 | We have reflected the requirements of SFAS 131 for the years ended December 31, 2004, 2003 and 2002 in the following tables for our three operating segments: agency segment, insurance segment, and corporate segment. | 34 | 10K |
3334 | 1,201 | Reports of BDO Seidman, LLP, Independent Registered Public Accounting Firm, dated March 17, 2008. | 14 | 10K |
1365 | 231 | Income tax expense as a percentage of pretax income decreased from 32.4 percent in 1997 to 26.1 percent in 1998, in large part due to the relative increase of tax exempt interest income as a percentage of pretax income. | 39 | 10K |
4667 | 1,180 | The net loss reserves represent the Company’s best estimate of future losses and loss expense amounts based on the information available at December 31, 2012. Loss reserves rely upon estimates involving actuarial and statistical projections at a given time that reflect the Company’s expectations of the costs of the ultimate settlement and administration of claims. Estimates of ultimate liabilities are contingent on many future events and the eventual outcome of these events may be different from the assumptions underlying the reserve estimates. In the event that the business environment and social trends diverge from historical trends, the Company may have to adjust its loss reserves to amounts falling significantly outside its current estimate. These estimates are continually reviewed and the ultimate liability may be in excess of, or less than, the amounts provided, for which any adjustments will be reflected in the period in which the need for an adjustment is determined. | 152 | 10K |
PhoenixGroupHoldingsPLC-AR_2013 | 597 | In February 2013, following a successful equity raising of £250 million, the Group made a £450 million voluntary repayment against the Impala facility and entered into an agreement with the lenders to extend the repayment terms to 2019 (the facility was previously scheduled to mature in the period from 2014 to 2016). | 52 | annual_report |
PowszechnyZakladUbezpieczenSA-AR_2012 | 419 | Armatura Kraków SA is the parent of the Armatura Capital Group and since 2007 has been quoted with Warsaw | 19 | annual_report |
gb_prudential-AR_2016 | 4,573 | Net gain from fair value adjustments 273 537 Net foreign exchange differences 97 21 Transfers (to) from held for sale assets (41) 5 | 23 | annual_report |
5012 | 1,050 | For debt securities, if the Company intends either to sell or determines that it will be more likely than not be required to sell a security before recovery of the entire amortized cost basis or maturity of the security, the Company recognizes the entire impairment in investment and other income. If the Company does not intend to sell the debt security and it determines that it will not be more likely than not be required to sell the security but it does not expect to recover the | 87 | 10K |
ASRNederlandNV-AR_2008 | 888 | The development of new, sophisticated products in the market is resulting in the development of mathematical models to price them. These models depend in turn upon assumptions regarding the stochastic behaviour of underlying variables, numerical algorithms and other possible approximations needed to replicate the complexity of the option pay off. | 50 | annual_report |
3446 | 1,612 | In 2007, other (loss) income decreased by $34.0 million to a loss of $37.9 million. The decrease in other (loss) income is primarily a result of a $35.5 million loss related to assumed and ceded reinsurance contracts accounted for as derivatives and deposits under GAAP (2006 - loss of $6.8 million, 2005 - income of $0.7 million) combined with $11.4 million of losses from our weather-related and loss mitigation activities (2006 - loss of $5.0 million, 2005 - loss of $0.8 million), $8.8 million of losses from our weather trading activities (2006 - loss of $2.2 million, 2005 - loss of $0.6 million) and offset by fee income of $8.5 million (2006 - $8.1 million, 2005 - $6.2 million) and the mark-to-market on our warrant to purchase shares of Platinum stock of $5.5 million (2006 - loss of $1.7 million, 2005 - loss of $0.7 million). | 146 | 10K |
gb_prudential-AR_2006 | 4,777 | Investment contracts without discretionary participation features 1,562 2.0 – 8.2 1,502 2.0 – 8.2 | 14 | annual_report |
AvivaPLC-AR_2016 | 410 | To disrupt insurance, we must transform our culture. with the right culture, Aviva will be agile, innovative and visionary. we will delight and serve our customers brilliantly. | 27 | annual_report |
BaloiseHoldingLtd-AR_2017 | 1,218 | OTHER DISCLOSURES ................................................ 250 39. acquisition and disposal of companies .................... 250 40. Related party transactions ........................................ 252 41. Remuneration paid to the Board of Directors and the corporate executive committee .................... 252 42. contingent and future liabilities ............................... 253 44. claim payments received from non-Group insurers ................................................... 257 45. Significant subsidiaries, joint ventures and associates ......................................................... 258 46. changes to shareholdings ........................................ 260 47. consolidated structured entities .............................. 260 49. events after the balance sheet date .......................... 260 | 79 | annual_report |
4815 | 2,292 | As with other fixed income investments, the value of our fixed maturity investments will fluctuate with changes in the interest rate environment and when changes occur in the overall investment market and in overall economic conditions. Additionally, our differing asset classes expose us to other risks which could cause a reduction in the value of our investments. Examples of some of these risks include: | 64 | 10K |
AdmiralGroupPLC-AR_2012 | 1,067 | Within the UK Car Insurance segment, transactions between the Group’s intermediary and the Group’s insurance companies relating to vehicle commission totalling £7.0m have not been eliminated (from the insurance expenses and other revenue lines in the income statement) in order to ensure consistency between the financial statements and key performance indicators quoted in the business review. There is no profit impact of the non-elimination. | 64 | annual_report |
StandardLifeAberdeenPLC-AR_2011 | 1,516 | The lapse experience loss of £37m in the UK includes a negative variance within our pensions business of £29m. This was mainly due to transfers within our pension business. UK lapse experience variance also includes a £10m adverse variance within mutual funds and a £2m loss on institutional pensions mainly arising from the loss of one large scheme. The £11m adverse lapse experience within International mainly arises from a £4m loss within the Ireland domestic business and a £5m loss within the JV businesses. | 84 | annual_report |
MuenchenerRueckversicherungsGesellschaftAGinMuenchen-AR_2016 | 630 | In direct industrial business, which we operate in our Corporate Insurance Partner unit, we responded to the currently difficult market environment by deliberately reducing our portfolio and expanding our range of innovative products. Premium income fell to €529m (633m). | 39 | annual_report |
5504 | 1,251 | In May 2014, the FASB issued new guidance that amends the accounting for revenue recognition. The amendments are intended to provide a more robust framework for addressing revenue issues, improve comparability of revenue recognition practices, and improve disclosure requirements. Insurance contracts are not included in the scope of this new guidance. Accordingly, our premiums revenue and investment income, collectively representing approximately 98% of our consolidated external revenues for 2017, are not included in the scope of the new guidance. We adopted the new standard effective January 1, 2018, as allowed, using the modified retrospective approach. As the majority of or revenues are not subject to the new guidance and the remaining revenues’ accounting treatment did not materially differ from existing accounting treatment, the adoption of the new standard did not have a material impact on our consolidated results of operations, financial condition, cash flows, and disclosures. | 146 | 10K |
4501 | 684 | Net Realized Gains (Losses). We realize gains when invested assets are sold for an amount greater than the amortized cost in the case of fixed maturity securities and cost basis for equity securities. We recognize realized losses for invested assets sold for an amount less than their carrying cost or when fixed maturity securities or equity securities are written down as a result of an other-than-temporary impairment ("OTTI"). | 68 | 10K |
StandardLifeAberdeenPLC-AR_2019 | 3,007 | Cash outflows Derivative financial assets (386) (73) (633) – – – (1,092) | 12 | annual_report |
CNPAssurancesSA-AR_2005 | 1,662 | Our environmental indicators are presented below (information disclosed in accordance with article 116 of the “NRE” corporate governance act): Environmental indicators | 21 | annual_report |
de_allianz-AR_2014 | 3,071 | Guarantees The guarantees issued by the Allianz Group consist of financial guarantees, indemnification contracts and performance contracts. | 17 | annual_report |
2594 | 719 | A summary of segment earnings from continuing operations for the years ended December 31, 2004, 2003, and 2002 is provided below. The segment earnings exclude realized gains and losses on investments, net of taxes. | 34 | 10K |
LloydsBankingGroupPLC-AR_2014 | 6,458 | SENSITIVITY OF LEVEL 3 VALUATIONS Effect of reasonably possible alternative assumptions | 11 | annual_report |
2251 | 1,214 | On September 28, 2003, the Company entered into a definitive merger agreement with Manulife Financial Corporation (Manulife) which is expected to close early in the second quarter of 2004. In accordance with the agreement, each share of JHFS common stock will, at the time of the merger, be converted into the right to receive 1.1853 shares of Manulife stock. It is estimated that the shares of Manulife common stock to be issued to JHFS shareholders in the merger will represent approximately 42.6% of the outstanding Manulife common stock after the merger. The merger has been approved by the Company's shareholders but the closing of the merger remains subject to certain conditions, including the approval by certain U.S. and Canadian regulatory authorities. Until the merger occurs, the Company will continue to operate independently of Manulife. Thereafter, the Company will operate as a subsidiary of Manulife. The John Hancock name will be Manulife's primary U.S. brand. This Form 10-K does not reflect or assume any changes to JHFS' business which may occur as a result of the proposed merger with Manulife. For additional information, refer to John Hancock and other related public filings with the U.S. SEC relating to the merger. | 199 | 10K |
5307 | 1,102 | 11, 2016, with an interest rate of 0.55% and a $5.0 million advance on December 30, 2015, due January 6, 2016, with an interest rate of 0.46%. | 27 | 10K |
2281 | 2,713 | An evaluation is made for other-than-temporary impairment for preferred and common stock and other investments with continuous material unrealized losses for two consecutive quarters due to market conditions or industry-related events. An other-than-temporary impairment loss is recognized based upon each investment's facts and circumstances. Aon continues to monitor these securities quarterly to ensure that unrealized losses are not the result of issuer-specific events. | 63 | 10K |
fr_axa-AR_2000 | 514 | AXA traces its origins to several French regional mutual insurance companies. In 1982, Les Mutuelles | 15 | annual_report |
gb_prudential-AR_2015 | 1,210 | Wellbeing and protection We help to provide the resources that are essential to secure a healthy, thriving future for our customers, our people and our communities. We work with local communities to develop strong, sustainable projects that meet local needs. For example, Jackson employees are actively engaged in our commitment to communities by taking part in programmes such as the Jackson National Community Fund Advisory | 65 | annual_report |
RSAInsuranceGroupPLC-AR_2007 | 273 | The quality of our portfolio and the benefit of these management actions are clearly demonstrated in the strength of our investment result. The 2007 investment result is up 13% to £629m, and reflects increased investment income as well as a 45% increase in total gains. The increase in total gains has driven the investment result ahead of our 2007 guidance and follows action taken to reduce equity exposure. | 68 | annual_report |
AvivaPLC-AR_2009 | 1,411 | Directors The following persons served as directors of the Company during the year: Nikesh Arora (resigned 5 August 2009) Wim Dik (retired 29 April 2009) Mary Francis Richard Karl Goeltz Euleen Goh (appointed 1 January 2009) Mark Hodges Andrea Moneta (appointed 29 September 2009) Andrew Moss Carole Piwnica Philip Scott (retired 26 January 2010) Lord Sharman of Redlynch Leslie Van de Walle (appointed 6 May 2009) Russell Walls Scott Wheway | 70 | annual_report |
CNPAssurancesSA-AR_2013 | 392 | The record high Solvency I risk coverage ratio* reported by CNP Assurances. At 31 December 2013, the estimated ratio under Solvency II was 185%, reflecting a further strong 15-point increase over the year. | 33 | annual_report |
5920 | 603 | (1) This includes amounts relating to both fixed income securities and other investments. We have historically accounted for our fixed income securities as a trading portfolio, whereby unrealized amounts are reflected in earnings. However, from October 1, 2019 we have elected to use AFS accounting and, as trading fixed income securities mature or are disposed of, to the extent the proceeds are reinvested in fixed income securities, the investments will be classified as AFS securities for the Non-life Run-off and StarStone segments. For a breakdown between realized and unrealized gains and losses, refer to Note 6 - "Investments" in the notes to our consolidated financial statements included within Item 8 of this Annual Report on Form 10-K. | 117 | 10K |
4770 | 1,378 | A reconciliation of segment pretax (loss) income to consolidated net (loss) income is as follows: | 15 | 10K |
5656 | 394 | Immediately above UPCIC’s net retention, we have reinsurance coverage from third-party reinsurers for up to four separate catastrophic events for all states. Specifically, we have purchased reinsurance coverage for the first and third catastrophic events, and each such coverage allows for one reinstatement upon the payment of reinstatement premiums, which would cover the second and fourth catastrophic events. This coverage has been obtained from four contracts as follows: | 68 | 10K |
gb_prudential-AR_2015 | 5,979 | EEV shareholders’ equity, excluding non-controlling interests 32.4 29.2 24.9 22.4 19.6 Insurance Groups Directive capital surplus before final dividend note 4 5.5 4.7 5.1 5.1 4.0 | 26 | annual_report |
AegonNV-AR_2005 | 1,723 | Investments for account of policyholders 47,448 19,782 59,379 974 — (36) 127,547 | 12 | annual_report |
HannoverRueckSE-AR_2002 | 84 | We use a system of management ratios to steer and document the sustained growth in our company's value creation. Our strategic objective is to increase the operating profit (EBIT) and the earnings per share by a double-digit percentage margin each year. Only in the exceptional 2001 year were we unable to achieve this goal because of the World Trade Center event. In the year under review, however – despite disappointing capital markets – we were able to generate earnings per share of EUR 2.75 and thus achieve our strategic goal on the basis of the previous year's target. With the exception of 2001, we have achieved this aim in every year since our company was first listed in 1994. | 119 | annual_report |
5108 | 1,136 | Our investment strategy is to take a long-term view by actively managing our investment portfolio to maximize total return within certain guidelines and constraints. In assessing returns under this approach, we include net investment income, net realized investment gains and losses and the change in unrealized gains and losses generated by our investment portfolio. The following table provides a breakdown of the total return on cash and investments for the periods indicated: | 72 | 10K |
4348 | 1,577 | Substantially all of the favorable development recognized during 2010 and 2009 relates to MPL claims-made reserves. The favorable development for medical professional claims-made policies in both years is based upon observation of actual claims data that indicates that claims severity (i.e., the expected average cost of claims) is trending below our initial expectations. Given both the long tailed nature of our business and the past volatility of final claim settlement values, we are generally cautious in giving credence to the trends that lead to the recognition of favorable net loss development. As we conclude that sufficient credible data with respect to these trends exists we take appropriate actions. In the case of the claims severity trends, we believe it is appropriate to recognize the impact of these trends in our actuarial evaluation of prior period loss estimates while also remaining attentive to the past volatility of claims severity. | 148 | 10K |
1358 | 276 | At December 31, 1999, common stockholders' equity was $502.0 million, or $15.94 per share, compared to $580.6 million, or $17.75 per share at December 31, 1998. Included in stockholders' equity per common share is ($1.52) at December 31, 1999 and $1.61 at December 31, 1998 attributable to unrealized investment gains (losses) resulting from marking our fixed maturity securities classified as available for sale to market value. The change in unrealized appreciation of fixed maturity and equity securities classified as available for sale decreased stockholders' equity $100.0 million during 1999, after related adjustments to deferred policy acquisition costs, value of insurance in force acquired, unearned revenue reserve and deferred income taxes. | 110 | 10K |
fr_axa-AR_2001 | 5,089 | totaled €1,578 million and €5,524 million, respectively. Such accumulated net unrealized investment holdings gains were: • net of deferred taxes of €909 million and €3,454 million, respectively; and | 28 | annual_report |
252 | 78 | Total benefits and expenses were $23,858,000 for 1995, which constituted 91% of the Company's total revenues, as compared to $15,326,000, or 92% of the Company's total revenues for 1994. | 29 | 10K |
3938 | 794 | On March 31, 2009, we entered into Amendment No. 3 and Waiver Agreement (“Amendment No. 3”) with the lenders under the Credit Agreement, whereby we agreed to collateralize the remaining letters of credit in an amount equal to 105% of the total letter of credit exposure as of such date, plus any accrued and unpaid interest and fees thereon, plus all other accrued and unpaid obligations of the account parties under the Credit Agreement. In consideration of the foregoing, the lenders under the Credit Agreement have agreed to permanently waive (i) the requirement that audited financial statements of each account party (other than Syncora Guarantee) be delivered within 90 days of the end of the fiscal year (provided that such audited financial statements shall be delivered within 120 days of the end of the fiscal year); (ii) the requirement that audited financial statements as reported on by the independent public accountants not have a “going concern” or like qualification or exception nor any qualification or exception as to the scope of such audit; (iii) the covenant relating to Syncora Holdings’ ratio of total funded debt to total capitalization; (iv) the covenant relating to Syncora Holdings’ consolidated net worth; and (v) any defaults as a result of the account parties not satisfying the requirements waived in clauses (i) through (iv) above or certain other requirements set forth in the Credit Agreement (as more fully described in Amendment No. 3 and Waiver Agreement). | 241 | 10K |
nl_ing_grp-AR_2016 | 6,120 | Issued share capital as at 31 December 2015 3,870,183 928 Issue of shares 8,301 2 | 15 | annual_report |
5857 | 499 | The following table sets forth our operating results and related percentage of total revenues for the years ended June 30: | 20 | 10K |
4523 | 1,254 | We anticipate that refining technical pricing account management tools and marketing analytics will further enhance our risk selection process. We believe that accident year loss ratios will continue to improve due to these actions. | 34 | 10K |
NatwestGroupPLC-AR_2012 | 6,374 | The Group monitors the geographical breakdown of these exposures based on the country of domicile of the borrower or guarantor of ultimate risk. Cross border exposures exclude exposures to local residents in local currencies. | 34 | annual_report |
BaloiseHoldingLtd-AR_2006 | 1,151 | How does the Baloise manage risks?VORABDRUCK How does the Baloise manage risks? | 12 | annual_report |
220 | 691 | The Company maintains a Dividend Reinvestment and Common Stock Purchase Plan which provides stockholders with the option of reinvesting cash dividends in additional shares of the Company's common stock. Participants may also purchase additional shares of common stock without incurring broker commissions by making optional cash contributions to the plan. Any holder of shares of common stock is eligible to participate in the plan. During 1995, 1994 and 1993, Employers Mutual elected to participate in the Dividend Reinvestment Plan by reinvesting 50 percent of its dividends in additional shares of the Company's common stock. Activity under the plan was as follows: | 101 | 10K |
5087 | 1,491 | Notwithstanding historical trends, the insurance we wrote from 2005 through 2008 experienced default and claim activity sooner and to a significantly greater extent than was the case historically for our books of business. The following tables show cumulative direct claims paid by us on our primary insured book of business at the end of each successive year after origination, expressed as a percentage of the cumulative premiums written by us in each year of origination and direct claims paid by policy origination year for the periods indicated. Direct claims paid represent first-lien claims paid prior to reinsurance recoveries and captive termination payments, and exclude LAE expenses and settlement payments. | 109 | 10K |
de_allianz-AR_2003 | 2,983 | Group in Munich Re’s share capital was above 20 %. The ownership interest was reduced in the course of the first quarter 2003 to below 20 %. As a result, Munich Re was as of that time no longer an associated company of the Allianz Group. During the course of fiscal 2003 | 52 | annual_report |
5791 | 742 | In 2019, premiums earned increased $17.5 million over the comparable period of 2018. The increase in earned premiums is primarily due to: (i) a $24.0 million increase from the Group disability, life, DBL and PFL segment as a result of $13.2 million in increased DBL and PFL premiums primarily due to an increase in rates, a $6.6 million increase in combined LTD/STD premiums primarily from new STD business and increased retentions, a $3.6 million increase in group term life premiums as a result of increased retentions, and $.6 million of other group life business due to new product sales; partially offset by (ii) a $6.5 million decrease in Specialty Health segment premiums, principally due to decreased premiums of $21.1 million in fixed indemnity limited benefit business and $1.6 million in the dental line, partially offset by increased premium volume of $9.2 million from pet lines, $3.0 million in short term medical business, $1.7 million in group gap lines, $.9 million in occupational accident business and $.9 million in ancillary accident & health business. | 173 | 10K |
1827 | 180 | We have audited the accompanying consolidated balance sheets of The Travelers Insurance Company and subsidiaries as of December 31, 2001 and 2000, and the related statements of income, changes in retained earnings and accumulated other changes in equity from nonowner sources, and cash flows for each of the years in the three-year period ended December 31, 2001. These consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits. | 84 | 10K |
4933 | 707 | We are also a party to other operating leases with total payments of approximately $0.3 million per year. Generally, these leases are renewable annually with similar terms. Although our current intention is to renew these leases, we are not obligated to do so. | 43 | 10K |
de_allianz-AR_2019 | 5,220 | German professional responsibilities in accordance with these requirements. In addition, in accordance with Article 10 (2) point (f) of the EU | 21 | annual_report |
AvivaPLC-AR_2018 | 3,247 | Strategic report Governance IFRS financial statements Other information 43 – Insurance liabilities methodology and assumptions continued Future regular bonuses Annual bonus assumptions for 2019 have been set consistently with the year-end 2018 declaration. Future annual bonus rates reflect the principles and practices of each fund. In particular, the level is set with regard to the projected margin for final bonus and the change from one year to the next is limited to a level consistent with past practice. | 78 | annual_report |
NatixisSA-AR_2011 | 1,763 | Executive Offi cer of Natixis Financement (formerly Caisse d’Epargne Financement) 2005 – member of Natixis’ Executive | 16 | annual_report |
5162 | 549 | (1) Effective January 1, 2015, we adopted an accounting standards update for tax credit partnership investments in qualified affordable housing projects and applied the amendments retrospectively, adjusting all prior periods presented. See Note 1 of the "Notes to Consolidated Financial Statements" contained herein in Item 8 for further discussion. | 49 | 10K |
5776 | 432 | Our assets other than invested assets as of December 31, 2019 and 2018 are summarized as follows: | 17 | 10K |
LloydsBankingGroupPLC-AR_2018 | 1,532 | Aside from the balance sheet impacts of such events, operational resilience has become ever more important as the processes and systems by which banks provide their services become ever more technologically reliant and dependent upon continued smooth running of services provided in-house and through expert third parties. The demand for change and more sophisticated services in itself brings operational risk as platforms are changed. Add on the increasing risk of cyber attacks and operational resilience is receiving a very considerable amount of attention from the Board Risk Committee. | 88 | annual_report |
4568 | 1,111 | policyholders for whom claims have not been filed and of which we were unaware. | 14 | 10K |
ScorSE-AR_2014 | 3,221 | The issuance of shares relating to the exercise of options until 31 December 2014 for a total of EUR 11.7 million were allocated to the share capital of the Company for EUR 5.6 million and to additional paidin capital for EUR 6.1 million. The exercise of options resulted in the creation of 711,022 shares. | 55 | annual_report |
4057 | 3,626 | identify individual securities that have incurred an other than temporary decline in fair value below cost or amortized cost. As part of its periodic review process, management utilizes information received from its outside professional asset manager to assess each issuer’s current credit situation. This review encompasses, among other things, recent issuer activities, such as defaults, quarterly earnings announcements, and other pertinent financial news for the issuer, recent developments and economic outlooks for particular industries, rating agency actions, and the length of time and extent to which fair value has been less than cost or amortized cost. When management’s review identifies an other than temporary impairment in the valuation of a fixed income security, it compares its projected discounted cash flows to the amortized cost in order to determine the credit related portion and the non-credit related portion of the loss. The credit related portion is recorded as a charge in the statement of operations while the non-credit related portion is recorded through other comprehensive income in the balance sheet. | 169 | 10K |
5401 | 712 | Contractual obligations. Our material contractual obligations at December 31, 2017 were: | 11 | 10K |
2297 | 1,282 | The Company had no short-term debt as of December 31, 2003. At December 31, 2002, short-term debt consisted of $20.0 million for the current portion of the Company’s medium-term notes, with a weighted average interest rate of 5.96 percent during 2002, and $235.0 million of reverse repurchase agreements, with a weighted average interest rate of 1.44 percent during 2002. | 59 | 10K |
ScorSE-AR_2020 | 4,162 | In the civil proceedings before the Commercial Court of Paris (“Tribunal de commerce de Paris”) against Thierry Derez, the Commercial Court of Paris ruled on November 10, 2020 that Thierry Derez had violated his legal and fiduciary duties and obligations as a director of SCOR in his personal capacity (regarding loyalty, conflicts of interest and confidentiality), by disclosing confidential SCOR information and documents to Covéa and its advisors with the aim of wrongfully favoring the preparation and execution of an unsolicited takeover bid for SCOR by Covéa. Thierry Derez was ordered to pay the amount of EUR 479,376, plus interest, in compensation for the damage caused to SCOR. The Court also ruled that Covéa SGAM and Covéa Coopérations had participated and benefited in full knowledge of the misconduct committed by Thierry Derez, and that the public communication of their unsolicited takeover bid for SCOR had been wrongful. Thierry Derez, Covéa SGAM and Covéa Coopérations are ordered in solidum to pay the sum of EUR 19,603,191, plus interest, in compensation for the damage caused to SCOR. Thierry Derez, Covéa SGAM and Covéa Coopérations have appealed against the judgment of November 10, 2020. | 191 | annual_report |
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